Novopan Industries Ltd Stock Analysis

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

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on Novopan Ind

M-Cap below 100cr DeciZen not available

FAQs

1. Is Novopan Industries Ltd. a good quality company?

Data is not available for this company.

2. Is Novopan Industries Ltd. undervalued or overvalued?

No data found

3. Is Novopan Industries Ltd. a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Novopan Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

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.

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
YoY Gr. Rt. %--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. Rt. %-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 -39.30-57.5-66.1
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 % -7.20.7-20.2-5746.5-2025400-214.3-544.7000
Net Profit Mgn % -16.1-10.8-38.3-7073.4-239560.60-241.1-546.6000
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 0
Reserves (₹ Cr.) -40 46
P/BV -1.71 0.00
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 30.4

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

Analyst's Notes

News

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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