Niraj Ispat Industries Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: NIRAJISPAT | Diversified | Small Cap

BSE Share Price
Not Listed

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Niraj Ispat Industries stock performance -

mw4me loader
P/E Ratio (SA):
11.97
Market Cap:
11.5 Cr.
52-wk low:
0
52-wk high:
0

Is Niraj Ispat Industries Ltd an attractive stock to invest in?

1. Is Niraj Ispat Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Niraj Ispat Industries Ltd is a below average quality company.

2. Is Niraj Ispat Industries Ltd undervalued or overvalued?

The key valuation ratios of Niraj Ispat Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Niraj Ispat Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Niraj Ispat 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 Niraj Ispat Inds.:

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.
Niraj Ispat Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.9%9.2%9.4%8.8%8.2%5.6%4.4%3%6.4%13.2%-
Value Creation
Index
-0.5-0.3-0.3-0.4-0.4-0.6-0.7-0.8-0.5-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5.86.76.87.16.5653.64.95.64
Sales YoY Gr.-16.8%1.3%3.4%-7.7%-8.6%-16.1%-28.8%36.8%14.4%-
Adj EPS 5.512.115.515.116.210.98.75.812.627.816
YoY Gr.-119%28.4%-2.6%6.9%-32.5%-20.1%-33.8%117.1%121.5%-
BVPS (₹) 74.886.3102.4117.6136.9147.8156.5162.3174.9202.7213.5
Adj Net
Profit
0.30.70.90.910.70.50.40.81.71
Cash Flow from Ops. -1.9-0.2-0.21-0.50.12.30.11.2-0.7-
Debt/CF from Ops. -2.6-26.7-31.76-12.364.81.553.31.1-1.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.4%-3.1%3.7%14.4%
Adj EPS 19.7%11.5%47.1%121.5%
BVPS11.7%8.2%9%15.9%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.71516.513.812.77.75.73.67.414.77.7
Op. Profit
Mgn %
14.519.120.72218.815.512.48.71630.617.4
Net Profit
Mgn %
5.710.813.612.914.91110.59.715.43026.9
Debt to
Equity
1.11.21.20.90.80.70.40.30.10.1-
Working Cap
Days
4805196096437338319231,214902827610
Cash Conv.
Cycle
56-3-31-48-3212248-35-53555

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 47.12%

Return on Equity has declined versus last 3 years average to 7.70%

Sales growth has been subdued in last 3 years 3.66%

Sales growth is not so good in last 4 quarters at -38.26%

Latest Financials - Niraj Ispat Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 16 -
TTM Sales (₹ Cr.) 3.6 -
BVPS (₹.) 213.5 -
Reserves (₹ Cr.) 12 -
P/BV 0.90 -
PE 11.97 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 11.5
Equity (₹ Cr.) 0.6
Face Value (₹) 10
Industry PE 70.4

Management X-Ray of Niraj Ispat Inds.:

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 Niraj Ispat Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales5.776.746.837.066.525.9653.564.875.57
Operating Expenses 4.935.455.435.515.315.044.383.264.103.87
Manufacturing Costs0.610.711.430.980.891.031.090.690.730.64
Material Costs4.014.263.473.853.723.312.582.022.922.76
Employee Cost 0.210.310.300.390.490.470.500.380.290.31
Other Costs 0.100.170.220.290.200.220.210.170.160.15
Operating Profit 0.831.291.401.551.210.920.620.310.781.70
Operating Profit Margin (%) 14.4%19.1%20.5%22.0%18.6%15.5%12.4%8.6%16.0%30.6%
Other Income 0.370.400.540.520.620.480.600.490.460.70
Interest 0.360.340.310.360.240.250.140.050.060.01
Depreciation 0.360.310.240.300.310.300.300.290.170.17
Exceptional Items 00-0.02-0.02000000
Profit Before Tax 0.481.031.371.401.270.850.770.461.012.23
Tax 0.150.310.410.480.310.190.250.110.260.56
Profit After Tax 0.330.720.960.910.960.660.520.350.751.67
PAT Margin (%) 5.7%10.7%14.1%12.9%14.7%11.0%10.5%9.7%15.4%29.9%
Adjusted EPS (₹)5.512.116.115.216.010.98.75.812.527.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 4.495.186.147.068.218.879.399.7410.4912.16
Share Capital 0.600.600.600.600.600.600.600.600.600.60
Reserves 3.894.585.546.467.618.278.799.149.8911.56
Minority Interest0000000000
Debt4.965.916.765.666.506.313.473.071.381.39
Long Term Debt4.015.066.765.666.506.313.473.071.371.32
Short Term Debt0.950.8600000000.06
Trade Payables0.821.161.811.5910.510.690.881.610.97
Others Liabilities 0.450.710.951.380.760.620.550.480.580.37
Total Liabilities 10.7112.9615.6615.6816.4816.3014.1014.1714.0614.88

Fixed Assets

Gross Block4.895.326.286.783.152.362.053.303.323.32
Accumulated Depreciation3.123.473.633.930.61001.501.671.84
Net Fixed Assets1.771.862.652.852.542.362.051.801.651.48
CWIP 0000000000
Investments 0.020.020.020.020.230.230.230.230.230.24
Inventories0.790.210.490.380.240.100.240.240.250.23
Trade Receivables0.600.711.100.570.820.980.610.680.830.74
Cash Equivalents 0.010.440.410.040.140.150.100.150.070.02
Others Assets7.529.7210.9811.8212.5212.4810.8711.0711.0312.17
Total Assets 10.7112.9615.6615.6816.4816.3014.1014.1714.0614.88

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1.91-0.23-0.221.01-0.530.102.330.061.23-0.73
PBT 0.481.031.371.401.270.850.770.461.012.23
Adjustment -0.010.250.010.160.110.07-0.15-0.15-0.23-0.52
Changes in Working Capital -2.56-1.21-1.31-0.16-1.54-0.611.98-0.110.71-1.87
Tax Paid -0.18-0.31-0.30-0.38-0.36-0.21-0.22-0.14-0.26-0.56
Cash Flow From Investing Activity 0.37-0.03-0.5000.440.360.600.450.440.69
Capex -0.01-0.43-0.96-0.500-0.120-0.04-0.020
Net Investments 000.460.50000000
Others 0.370.40000.440.480.600.480.460.69
Cash Flow From Financing Activity 1.540.690.70-1.380.18-0.44-2.97-0.45-1.760
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.36-0.34-0.31-0.36-0.24-0.25-0.14-0.05-0.06-0.01
Dividend Paid 0000000000
Others 1.901.021.01-1.020.42-0.19-2.84-0.40-1.700.01
Net Cash Flow -0.010.43-0.02-0.370.090.02-0.050.05-0.09-0.05
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.6314.9617.0213.8312.567.675.733.637.4414.73
ROCE (%)9.9613.1613.6813.3210.897.376.53.968.6617.63
Asset Turnover Ratio0.60.580.490.460.410.360.330.250.350.38
PAT to CFO Conversion(x)-5.79-0.32-0.231.11-0.550.154.480.171.64-0.44
Working Capital Days
Receivable Days52354842395558665752
Inventory Days80271922171012251816
Payable Days87851561611278385142156170

Niraj Ispat Industries Ltd Stock News

Niraj Ispat Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Niraj Ispat Inds. 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 Niraj Ispat Inds. stood at ₹11.48.
The latest P/E ratio of Niraj Ispat Inds. as of 01-Jan-1970 05:30 is 11.97.
The latest P/B ratio of Niraj Ispat Inds. as of 01-Jan-1970 05:30 is 0.90.
The 52-week high of Niraj Ispat Inds. is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Niraj Ispat Inds. is ₹3.56 ( Cr.) .

About Niraj Ispat Industries Ltd

Niraj Ispat Industries Limited was incorporated on August 19, 1985 under the provisions of the Companies Act, 1956 with Registrar of Companies. The Company is engaged in the business of manufacturing of Polyester Buttons which are governed by the same set of risks and returns and as such are in the same segment.

The registered office of the company is situated at Chaudhary Market Gali Peti Wali, Rui Mandi, Sadar Bazar Delhi North Delhi. The Company is currently listed with National Stock Exchange of India Limited.

Business area of the company 

The company carries on the business of manufacturing of polyester buttons in two or four thread holes used in dresses, sweaters, pouches and shirts. These buttons can be availed in variety of colors, sizes and designs. It is offering these polyester buttons to its clients at cost effective prices.

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