X

Nirma Ltd Stock Analysis

Small Cap
Evaluated by 6 users | BSE: 500308 | NSE: NIRMA |
Household & Personal Products
Nirma, which currently has turnover of Rs2500 crore, started its journey as one-man operation by Dr Karsanbhai Patel. He was a science graduate and worked as junior chemist in a government laboratory. He manufactured detergent at the backyard of his house, later selling them door to...

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
 Mar'10Mar'11Sep'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 7.36%3.15%2.82%5.26%9.63%6%13.03%9.27%7.21%8.68%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 3,1183,1044,1544,4474,2834,1244,5894,8205,6996,238
Y-o-Y Gr. Rt.--0.5%33.8%7%-3.7%-3.7%11.3%5%18.2%9.5%
Adjusted EPS (Rs.) 14.855.16-0.7423.8424.0516.2639.7132.9328.2941.31
Y-o-Y Gr. Rt.--65.3%-114.3%NA0.9%-32.4%144.2%-17.1%-14.1%46%
Book Value per Share (Rs.) 173.15177.95115.86368.03207.41221.78259.88290.03317.87361.52
Adjusted Net Profit 23682.1-11.8379365253580481413604
Net Op. Cash Flow (Rs. Cr.) 3052344643435397161,2439561,3271,436
Debt to Cash Flow from Ops 3.244.112.3310.683.921.90.856.044.183.7
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Nirma Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 8%7.8%10.8%9.5%
Adjusted EPS 12%11.4%1.3%46%
Book Value per Share 8.511.811.613.7
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Sep'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 8.822.94-0.636.6311.917.6315.9811.989.3112.16
Operating Profit Margin (%) 18.913.715.6618.7115.7313.9424.3523.8423.9423.6
Net Profit Margin (%) 7.582.64-0.288.538.526.1412.649.987.259.68
Debt to Equity 0.360.340.590.620.670.390.281.361.191.01
Working Capital Days 168197107329233221126130140136
Cash Conversion Cycle 7180531801119962718076
Entity Percentage Holding
Promoters 100.00%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Data is not available for this company.

Data is not available for this company

Nirma, which currently has turnover of Rs2500 crore, started its journey as one-man operation by Dr Karsanbhai Patel. He was a science graduate and worked as junior chemist in a government laboratory. He manufactured detergent at the backyard of his house, later selling them door to door. Soon it got well placed in the consumer community and the company was incorporated in 1980.

Today, Nirma is one of the largest and most integrated manufacturer

Nirma, which currently has turnover of Rs2500 crore, started its journey as one-man operation by Dr Karsanbhai Patel. He was a science graduate and worked as junior chemist in a government laboratory. He manufactured detergent at the backyard of his house, later selling them door to door. Soon it got well placed in the consumer community and the company was incorporated in 1980.

Today, Nirma is one of the largest and most integrated manufacturer of detergents and toiletries in the world. It has a marketing and distribution network of 400 distributors and over a million retailers, reaching out to 300 million customers.

Product Portfolio

Detergents: It manufactures a wide range of detergents such as spray-dried powder, compact dry mixed powder, cakes and scouring products like Nirma Bartan and Nirma Clean.

Toilet Soaps: It manufactures soaps such as beauty soaps, carbolic soaps and premium soaps. It has Brands like Nima Rose, Nima Sandal and Nirma Lime Fresh.

Packaged Food: Nirma has also entered the packaged food segment through its  Nirma Shudh iodized salt.

Industrial Products: Nirma has also entered into manufacturing of industrial products such as LAB (linear alkyl benzene), glycerin, AOS (alfa olefin sulfonate), sulfuric acid, sodium silicate, soda ash and salt.

Fertizers: It also manufactures single super phosphate.

Milestones

It is teh largest player in detergent market in India with market share of 38% .

It is second largest toilet soap marketer with market share of 20% in the country .

Nirma Shudh salt is second largest salt brand in some parts of the India.

Awards

Nirma was awarded Excellence award for Best Advertisement of the year at FMCG awards 2003.

It won Most Popular Brand in detergent powder–economy category at FMCG awards 2003.

It is 9th largest FMCG brand of the country according to AC Neilsen Retail Audit-Brand Equity in 2004.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback