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Nile Ltd. Stock Analysis

Small Cap
Evaluated by 463 users | BSE: 530129 | NSE: |
Metal - Non Ferrous
Nile Limited was originally incorporated as a private limited company with the name Navabharat Industrial Linings and Equipment Private Limited on May 18, 1984 and was later converted to a public limited company with the name Navabharat Industrial Linings and Equipment Limited. The name of the...

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 10.89%11.1%9.38%12.51%9.67%12.33%12.33%30.11%18.46%8.47%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 145255275260278386425579633571
Y-o-Y Gr. Rt.-75.8%8.1%-5.5%6.9%38.7%10.2%36.2%9.3%-9.8%
Adjusted EPS (Rs.) 11.2117.4917.2629.9117.642724.387.9676.0940.09
Y-o-Y Gr. Rt.-56%-1.3%73.3%-41%53.1%-10%262%-13.5%-47.3%
Book Value per Share (Rs.) 84.67106.74123.3186.91200.76224.18244.11331.4400.72437.79
Adjusted Net Profit 3.45.35.295.38.17.326.422.812
Net Op. Cash Flow (Rs. Cr.) 4.2-3.822.316.5-6.337.814.521.39.37
Debt to Cash Flow from Ops 8.97-162.962.48-8.210.831.651.056.616.52
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.
Nile Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 16.5%15.5%10.3%-9.8%
Adjusted EPS 15.2%17.8%18.2%-47.3%
Book Value per Share 2016.921.59.3
Share Price 4.6% 7.7% -26.4% 9.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 12.6916.8814.0918.78.9912.6310.3630.5120.769.55
Operating Profit Margin (%) 7.765.435.245.816.214.384.549.047.194.71
Net Profit Margin (%) 2.322.061.883.451.92.11.724.563.612.11
Debt to Equity 1.481.911.780.730.860.470.330.220.510.35
Working Capital Days 1421201129410776564872101
Cash Conversion Cycle 79585956655035346492
Entity Percentage Holding
Promoters 50.43%
Non-Institutions 49.57%
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.

The 5-year analysis of Nile's performance infers:

Nile earnings have grown by 17.8%, whereas share price has appreciated 7.7% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Nile share prices over the last 10 years. Here is what we found out:

Nile share price has appreciated 7.5% annually over the past ten years.

Nile Limited was originally incorporated as a private limited company with the name Navabharat Industrial Linings and Equipment Private Limited on May 18, 1984 and was later converted to a public limited company with the name Navabharat Industrial Linings and Equipment Limited. The name of the Company was changed to its present vide a fresh certificate of incorporation dated September 16, 1994.

Nile is a Public Company and its shares are listed on the Bombay Stock Exchange Limited (BSE)..

Nile Limited was originally incorporated as a private limited company with the name Navabharat Industrial Linings and Equipment Private Limited on May 18, 1984 and was later converted to a public limited company with the name Navabharat Industrial Linings and Equipment Limited. The name of the Company was changed to its present vide a fresh certificate of incorporation dated September 16, 1994.

Nile is a Public Company and its shares are listed on the Bombay Stock Exchange Limited (BSE).. Nile has emerged as a leader in achieving customer satisfaction by delivering quality products, with a fervent desire to convert every customer relationship into a prospective partnership. Nile's Glass Lining and pressure vessel division is located at Nacharam Industrial estate, Hyderabad, with a covered area of 8700 sq.m. The totally integrated fabrication, machining and glass lining facilities ensure timely delivery of quality products.

Nile's two Non-Ferrous plants are located near Hyderabad, and near Tirupati. The combined capacity of these two plants is 32000 tons per annum. Nile’s 2 MW Wind Farm is located at Ramagiri, Ananthapur district.

The state-of-the-art CAD facilities and experienced engineers not only automate the day-to-day engineering drawing requirements, but also innovate and improve the versatility of the product. In addition to standard equipment, Nile designs and manufactures equipment for specific customer applications or process performance improvement.

Product range of the company includes:

  • Reactor
  • Reactor with Conical bottom
  • Reactor with Insulation
  • Receivers (Jacketed &Unjacketed)/ Storage Tanks
  • Conical Dryer
  • Agitated Nutsche Filters
  • Heat Exchangers /Condensers
  • Columns

Lead products

  • Pure Lead 99.97% purity
  • Lead Antimonial alloys
  • Lead Selenium alloys
  • Lead Calcium alloys
  • Lead Tin alloys

Milestones:

  • 1987- Commenced manufacture of Glass Lined Equipment.
  • 1995- Started manufacture of Pressure Vessels.Started manufacture of Stainless Steel Glass Lined Equipment.Non-Conventional Energy - Installed 2 MW capacity Wind farm at Ramagiri, A.P. to generate power.
  • 1996-  Started manufacture of Glass lined Bend Leaf Agitators.Started manufacture of Glass Lined Conical dryers.
  • 1997- Quality System approved to be in accordance with ISO 9001.      Received technology for design & manufacture of Glass Lined Agitated Nutsche Filter,from COMBER, Italy.
  • 1997- Exported Glass Lined components to Malaysia.Exported Pressure Vessels to Singapore and China.
  • 1999- Established Non-Ferrous division. A 3000 TPA Lead recycling plant, based on eco-friendly process developed in-house, set up at Choutuppal, 60 km from Hyderabad. Products include: Pure Lead(99.97+purity), Lead Alloys for battery, ammunition and other applications. State-of-the-art OES installed for finished alloy certification.
  • 2001- Commenced Export of Glass Lined equipment.Introduced equipment with components to facilitate approval by US-FDA etc.,
  • 2004- Implemented major expansion of Fabrication and Glass Lining facilities.
  • 2005- The capacity of the 3000 TPA Lead recycling plant at Choutuppal doubled to 6000 TPA with state of the art facilities.
  • 2009- A second plant, with a capacity of 20000 TPA, commenced commercial production near Tirupati.  The capacity of lead recycling plant at Choutuppal has been doubled to 12000 TPA.

Achievements/ recognition:

  • Quality System approved to be in accordance with ISO 9001.
  • Received technology for design & manufacture of Glass Lined Agitated Nutsche Filter,from COMBER, Italy.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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