Novopan Industries Ltd - Stock Valuation and Financial Performance

BSE: 500310 | NSE: NOVOPANIND | Wood & Wood Products | Small Cap

BSE Share Price
Not Listed

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Novopan Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
47.1 Cr.
52-wk low:
36
52-wk high:
39.6

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Novopan Ind:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
ROCE % -9.7%-4.5%-26.8%-15.9%-7%-22.5%-38.1%-18.3%15.1%-5.2%-
Value Creation
Index
-1.7-1.3NANANANA-3.7-2.30.1-1.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 75.567.740.50.1004.91.1000
Sales YoY Gr.--10.3%-40.3%-99.7%-100%NANA-78.5%-100%NA-
Adj EPS -10.2-6.1-13-7.2-2.1-5.6-3-1.51.1-0.4-1.2
YoY Gr.-NANANANANANANANA-134.6%-
BVPS (₹) 16.911.1-6.9-18.7-17.6-23.22.50.30.60.2-23.2
Adj Net
Profit
-12.2-7.3-15.5-8.6-2.5-6.6-11.8-5.74.2-1.4-1
Cash Flow from Ops. 2.79.39.4-0.5-2.4-1.2-6.1-0.6-2.30-
Debt/CF from Ops. 15.23.500000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%NA-100%NA
Adj EPS NANANA-134.6%
BVPS-39.3%NA-57.5%-66.1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
Return on
Equity %
-30.3-16.1-45.3-16-7.1-22.6-38.1-18.315.1-5.210.5
Op. Profit
Mgn %
-7.20.7-20.2-5746.5-2025400-214.3-544.700NAN
Net Profit
Mgn %
-16.1-10.8-38.3-7073.4-239560.60-241.1-546.600-INF
Debt to
Equity
22.500000000-
Working Cap
Days
2112152301,01,12993,35,54401,5312,781000
Cash Conv.
Cycle
68438082,25162,25,4210619431000

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Novopan Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -1.2 4.1
TTM Sales (₹ Cr.) 0 122
BVPS (₹.) -23.2 48.8
Reserves (₹ Cr.) -40 46
P/BV -1.71 0.81
PE 0.00 9.74
From the Market
52 Week Low / High (₹) 36.00 / 39.55
All Time Low / High (₹) 11.73 / 98.90
Market Cap (₹ Cr.) 47.1
Equity (₹ Cr.) 11.9
Face Value (₹) 10
Industry PE 38

Management X-Ray of Novopan Ind:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Novopan Ind

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Sales75.5467.7450.570.09004.891.0500
Operating Expenses 81.3467.2960.905.444.396.7921.9210.984.491.42
Manufacturing Costs17.0816.5812.320.300.450.414.080.890.090.04
Material Costs40.4333.8327.510000000
Employee Cost 11.2610.5213.160.270.100.070000
Other Costs 12.566.357.914.883.836.3117.8410.094.401.38
Operating Profit -5.800.45-10.33-5.35-4.39-6.79-17.03-9.93-4.49-1.42
Operating Profit Margin (%) -7.7%0.7%-20.4%-5,866.7%-4,23,080.0%--348.0%-948.0%--
Other Income 3.381.213.050.920.650.381.172.795.780.03
Interest 6.145.195.060.080.0500000
Depreciation 3.913.383.591.940.230.220.280.050.050.05
Exceptional Items 00-7.080-0.2400000
Profit Before Tax -12.46-6.92-23.01-6.45-4.25-6.63-16.15-7.191.24-1.44
Tax -1.4800.550.040001.490.020
Profit After Tax -10.97-6.92-23.56-6.48-4.25-6.63-16.15-8.681.22-1.44
PAT Margin (%) -14.5%-10.2%-46.6%-7,108.4%-4,09,952.9%--330.0%-829.0%--
Adjusted EPS (₹)-9.2-5.8-19.8-5.4-3.6-5.6-4.2-2.20.3-0.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18

Equity and Liabilities

Shareholders Fund 48.9642.0443.493732.7526.1235.7027.0228.2426.81
Share Capital 11.9111.9136.9136.9136.9136.9138.9138.9138.9138.91
Reserves 37.0530.136.580.09-4.16-10.79-3.21-11.89-10.67-12.10
Minority Interest0000000000
Debt40.8232.9300000000
Long Term Debt40.8232.9300000000
Short Term Debt0000000000
Trade Payables23.6522.7811.673.851.090.774.743.981.641.65
Others Liabilities 1.517.1737.0341.3741.4141.620.860.410.340.33
Total Liabilities 114.93104.9292.1982.2275.2468.5141.3031.4030.2328.78

Fixed Assets

Gross Block136.57134.61133.35133.3345.3945.3932.1432.2432.2432.24
Accumulated Depreciation68.5270.0473.0174.774.885.104.534.584.634.68
Net Fixed Assets68.0564.5760.3558.5540.5140.2927.6127.6627.6127.56
CWIP 0.030.030.030.03000000
Investments 0.170.170.050.050.550.050.300.500.500.50
Inventories21.1322.5622.5220.3617.7512.2310.102.071.240
Trade Receivables12.1411.331.770.610.420.410000
Cash Equivalents 0.600.671.560.900.260.310.270.420.360.44
Others Assets12.815.595.901.7115.7515.233.020.760.520.29
Total Assets 114.93104.9292.1982.2275.2468.5141.3031.4030.2328.78

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Cash Flow From Operating Activity 2.689.3211.69-0.40-2.44-1.21-6.11-0.56-2.290.04
PBT -12.46-6.92-15.93-6.45-4.25-6.63-16.15-7.191.24-1.44
Adjustment 10.987.820.715.362.935.4217.637.10-1.381.26
Changes in Working Capital 6.88.78280.7-1.110-7.07-0.77-2.330.21
Tax Paid -2.63-0.37-1.09-0.01-0.01-0.01-0.520.290.170.01
Cash Flow From Investing Activity -0.793.421.77-0.171.881.306.120.712.240.03
Capex -0.863.311.68-0.082.330.756.030.842.140
Net Investments 000.010-0.500.51-0.25-0.2100
Others 0.060.110.08-0.090.050.050.340.080.100.03
Cash Flow From Financing Activity -5.36-12.68-12.57-0.09-0.08-0.05-0.05000
Net Proceeds from Shares 00250000000
Net Proceeds from Borrowing 0000000000
Interest Paid -5.37-4.83-4.80-0.06-0.0400000
Dividend Paid -0.02-0.02-0.03-0.03-0.04-0.05-0.05000
Others 0.03-7.83-32.750000000
Net Cash Flow -3.480.070.89-0.66-0.640.05-0.040.15-0.060.07
PARTICULARSMar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Ratios
ROE (%)-42.92-41.51-1584.270000-163.6677.66-97.67
ROCE (%)-9.53-3.22-58.96-55.37-68.47-947.13-459.26-135.5478.68-97.64
Asset Turnover Ratio0.770.660.560000.090.0300
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/A-1.88N/A
Working Capital Days
Receivable Days6259434,3790016200
Inventory Days1031101490008342,12000
Payable Days1852502290000000

Novopan Industries Ltd Stock News

Novopan Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Novopan Ind on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Novopan Ind stood at ₹47.10.
The latest P/E ratio of Novopan Ind as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Novopan Ind as of 01-Jan-1970 05:30 is -1.71.
The 52-week high of Novopan Ind is ₹39.55 and the 52-week low is ₹36.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Novopan Ind is ₹0.00 ( Cr.) .

About Novopan Industries Ltd

Novopan Industries Limited, is the flagship company of ever growing GVK Group. This group started with their first industrial venture in the year 1979 by launching the country’s first prelaminated particle board. Thereby, the group diversified into hotel and infrastructure industry and has set-up prestigious 5-star hotels in Hyderabad.

The company stands out among wood based industries in the country to have pioneered the concept of Prelaminated Particle Board. The particle boards, at that time, were not acceptable as a substitute for plywood or block board due to it’s poor quality and sustainability to the practices of Indian carpentry. Novopan started by bringing the best available technology from Fahrni Institute of Switzerland into the country by being their exclusive Licensee. The company was instrumental in developing the product tailor made to the Indian furniture and carpentry needs to make it an equivalent substitute for plywood laminate combination.

Within few years of commencing the commercial production, the company launched backward and forward integration by setting-up their own resin manufacturing facility as well as mechanized furniture factory. The key to the acceptability of particle board is quality of synthetic resin used specially for lamination as the abrasion resistance, scratch resistance, resistance of stains depend on it. To achieve the same, the company entered into long term technical collaboration with the world leaders from Austria.

Although, in the beginning, the growth of particle board Industry was slow, mainly, due to inertia from the carpentry segment, the usage of particle board by more and more mechanized furniture manufacturing companies is increased. During the year 2001-2002, the demand for particle board increased beyond it’s capacity. This led to the setting-up of another particle board manufacturing plant with a higher capacity at Shadnagar, in the district of Mahaboobnagar. They have taken care of modern concept of manufacturing activity in the new plant.

During the last year, the demand for particle board has increased so high that imports from South East Asia have become a major factor. To cater to this demand, the company increased its laminating capacity and is importing plain boards from selected manufacturers of South East Asia, who can guarantee good quality and timely delivery. In the filed of developing new products with latest technology, its R & D department is continuously working on the same and will announce to the markets as and when it develops new products.

Product range of the company includes:

  • Novopan - Novopan is a medium density pre-lamninated particle board that passes German Standards DIN 68765. It is also marked with the ISI mark.
  • Plain Wood Particle Board (PPB)
  • Exterior Plain Wood Particle Board (PBX)
  • Pre-laminated wood particle board single and double sided (PLB & PLT)
  • Pre-laminated Exterior wood particleboard single and double sided (PLX and PTX)
  • Special Surface Pre-laminated Particle Board (SFB).
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