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Novopan Industries Ltd (NOVOPANIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500310 NSE: NOVOPANIND Wood & Wood Products | Small Cap | Novopan Ind Share Price

BSE Share Price
Not Listed

Novopan Industries Ltd (NOVOPANIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500310 NSE: NOVOPANIND Wood & Wood Products | Small Cap | Novopan Ind Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹47 Cr.
Current Price
₹0
52-Week Low / High
₹36 / 40
TTM EPS
₹4.1
TTM Sales
₹122 Cr.
Book Value per Share
₹48.8
P/E Ratio
9.74
Industry PE
51.9
Price to Book (P/B)
0.81
Price to Sales (P/S)
0.39
EV/EBITDA
6.08
Dividend Yield
INF%
Profitability Efficiency
Return on Equity (ROE)
8.56%
Return on Capital Employed (ROCE)
11.07%
Return on Assets (ROA)
4.30%
Operating Profit Margin
8.6%
Net Profit Margin
3.97%
Gross Profit Margin
8.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
-
46.42%
Net Profit Growth (1 Year)
-
88.67%
Asset Quality
Promoter Holding
92.05%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹46 Cr.
Equity
₹11.9 Cr.
Face Value
₹10
All Time Low / High
₹11.73 / 98.90

Novopan Industries stock performance

Key Ratios
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10 Year X-Ray :

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 ⓘ

Mar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
ROCE % ⓘ-9.5%-3.2%-59%-55.4%-68.5%-947.1%-459.3%-135.5%78.7%-97.6%-
Value Creation
Index ⓘ
-1.7-1.2NANANANA-33.8-10.74.6-8.0-

Growth Parameters ⓘ

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 ⓘ

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 ⓘ

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

Valuation of Novopan Ind - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'03Mar'04Mar'05
Sales67.57116.21121.73
Operating Expenses ⓘ + 61.42109.09111.30
Manufacturing Costs8.5018.8817.36
Material Costs33.9166.6672.18
Employee Cost 9.1714.8715
Other Costs ⓘ 9.848.676.76
Operating Profit ⓘ 6.157.1310.44
Operating Profit Margin (%) 9.1%6.1%8.6%
Other Income ⓘ + 2.774.532.99
Exceptional Items ⓘ 000
Interest ⓘ 1.672.322.34
Depreciation ⓘ 4.365.413.54
Profit Before Tax ⓘ 2.893.927.55
Tax ⓘ 0.821.372.71
Profit After Tax 2.072.564.83
PAT Margin (%) 3.1%2.2%4.0%
Adjusted EPS (₹)2.42.95.5
Dividend Payout Ratio (%)72.20%61.90%36.40%
PARTICULARSMar'03Mar'04Mar'05

Equity and Liabilities

Shareholders Fund + 58.2757.9455.06
Share Capital ⓘ 8.798.798.79
Reserves ⓘ 49.4849.1546.26
Debt +30.4130.2835.20
Long Term Debt30.4130.2835.20
Short Term Debt000
Minority Interest000
Trade Payables11.899.5810.73
Others Liabilities ⓘ 10.3216.1610.02
Total Liabilities ⓘ 110.90113.97111.01

Fixed Assets

Net Fixed Assets ⓘ +55.6446.8934.70
Gross Block114.59109.10109.52
Accumulated Depreciation58.9562.2174.82
CWIP ⓘ 0.2100
Investments ⓘ 19.3330.4344.85
Inventories13.0414.8413.82
Trade Receivables8.7111.109.31
Cash Equivalents 1.031.070.65
Others Assets ⓘ 12.939.647.68
Total Assets ⓘ 110.90113.97111.01
PARTICULARSMar'03Mar'04Mar'05
Cash Flow From Operating Activity ⓘ + 14.1710.6510.84
PBT ⓘ 2.893.927.55
Adjustment ⓘ 3.435.133.35
Changes in Working Capital ⓘ 8.672.391.12
Tax Paid ⓘ -0.82-0.79-1.18
Cash Flow From Investing Activity ⓘ + -3.61-5.65-12.59
Capex 0.022.76-0.25
Net Investments -5.68-11.10-14.42
Others ⓘ 2.052.692.08
Cash Flow From Financing Activity ⓘ + -10.92-4.961.33
Net Proceeds from Shares ⓘ 1.60-1.330.11
Net Proceeds from Borrowing ⓘ 0-0.134.91
Interest Paid ⓘ -1.40-1.82-1.89
Dividend Paid ⓘ -1.56-1.68-1.80
Others ⓘ -9.5600
Net Cash Flow ⓘ -0.360.04-0.42
PARTICULARSMar'03Mar'04Mar'05
Ratios
ROE (%)3.554.48.56
ROCE (%)5.147.0611.07
Asset Turnover Ratio0.661.081.14
PAT to CFO Conversion(x)6.854.162.24
Working Capital Days
Receivable Days43.8029.8029.10
Inventory Days65.5041.9040.80
Payable Days12858.8051.40

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Announcements

Novopan Industries Ltd FAQs

The current trading 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 31-Dec-1969 the market cap of Novopan Ind stood at ₹47.10 Cr

The latest P/E ratio of Novopan Ind as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Novopan Ind as of 31-Dec-1969 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.) .

Data is not available for this company.

No data found

No data found

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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