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Nikita Greentech Recycling Ltd (NIKITA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: NIKITA Paper & Paper Products | Small Cap | Nikita Greentech Share Price

BSE Share Price
Not Listed

Nikita Greentech Recycling Ltd (NIKITA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: NIKITA Paper & Paper Products | Small Cap | Nikita Greentech Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹197 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹4.5
TTM Sales
₹350 Cr.
Book Value per Share
₹44.8
P/E Ratio
17.72
Higher than its 5-year historical median
Industry PE
16.9
Price to Book (P/B)
1.78
Lower than its 5-year historical median
Price to Sales (P/S)
0.56
Lower than its 5-year historical median
EV/EBITDA
9.57
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
24.86%
Outperforms industry median
Return on Capital Employed (ROCE)
16.57%
Outperforms industry median
Return on Assets (ROA)
6.70%
Operating Profit Margin
12.3%
Net Profit Margin
6.32%
Gross Profit Margin
11.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
7.63%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
11.44%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
11.1%
Asset Quality
Promoter Holding
58.95%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹86 Cr.
Equity
₹24.7 Cr.
Face Value
₹10
All Time Low / High
- / -

Nikita Greentech Recycling stock performance

Key Ratios
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Check Before You Invest

Valuation

Undervalued

Price Trend

Weak
Q.1 Is Nikita Greentech Recycling Ltd a good quality company?
Nikita Greentech Recycling Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Nikita Greentech Recycling Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Nikita Greentech Recycling Ltd vs industry peers?
Nikita Greentech Recycling Ltd revenue CAGR is 29.56%, compared to the industry median CAGR of 5.29%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Nikita Greentech Recycling Ltd?
Promoters hold 58.95% of the Nikita Greentech Recycling Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Nikita Greentech Recycling Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

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.
Nikita Greentech Recycling Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 7%8.7%9.6%10.1%7.2%6.2%9.6%9.1%17.7%16.6%-
Value Creation
Index
-0.5-0.4-0.3-0.3-0.5-0.6-0.3-0.40.30.2-

Growth Parameters

Sales 81.291.910610999.8118356398339364350
Sales YoY Gr.-13.3%15.7%2.8%-8.7%18.3%201.9%11.8%-15%7.6%-
Adj EPS 0.40.70.81.40.83.22.83.39.712.74.5
YoY Gr.-91.4%17.9%74.7%-43.5%303.9%-12.7%20.7%191.6%31.3%-
BVPS (₹) 11.912.613.514.915.618.826.73044.657.344.8
Adj Net
Profit
0.30.70.81.30.83.14.55.417.623.111
Cash Flow from Ops. -3.72.66.52.6-0.5-9.59.29.8-12.5-20-
Debt/CF from Ops. -10.315.76.216.8-159.8-16.115.616.6-15.1-11.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 18.2%29.6%0.7%7.6%
Adj EPS 49.1%74.8%66.6%31.3%
BVPS19.1%29.7%29%28.4%
Share Price - - - -11.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
23.74.26.93.713.712.410.525.924.98.8
Op. Profit
Mgn %
5.97.87.37.58.110.47.8711.912.3NAN
Net Profit
Mgn %
0.40.70.71.20.82.61.31.45.26.33.2
Debt to
Equity
3.33.33.135.48.43.33.32.32.1-
Working Cap
Days
1141261311391762181141291872450
Cash Conv.
Cycle
9210410711613015985941391390

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales8192106109100118356398339364
Operating Expenses + 76859910192106329371298320
Manufacturing Costs29273135313387755850
Material Costs435463625668233288223248
Employee Cost 2222335556
Other Costs 222112321315
Operating Profit 578881228284045
Operating Profit Margin (%) 5.9%7.8%7.3%7.5%8.1%10.4%7.8%6.9%11.9%12.3%
Other Income + 00000000815
Exceptional Items 0000000040
Interest 23444511111417
Depreciation 23333411101010
Profit Before Tax 111223672933
Tax 00001022810
Profit After Tax 011113552123
PAT Margin (%) 0.4%0.8%0.9%1.2%0.8%2.6%1.3%1.4%6.1%6.3%
Adjusted EPS (₹)0.40.70.91.40.83.22.83.311.412.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Nikita Greentech - Standalone

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

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 171819202124495581104
Share Capital 555555991818
Reserves 12131415161941466386
Debt +3840404381145137152179209
Long Term Debt221919175510578694877
Short Term Debt1621212626406084131132
Minority Interest0000000000
Trade Payables25544929241637
Others Liabilities 345561523262833
Total Liabilities 61676971111192239257304383

Fixed Assets

Net Fixed Assets +28272726249993849686
Gross Block4749515353132137138159160
Accumulated Depreciation19212427293344546474
CWIP 200032161902
Investments 0000001111
Inventories6591492841424259
Trade Receivables2131302730508693124110
Cash Equivalents 1121345583
Others Assets 2213141061333122
Total Assets 61676971111192239257304383

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -4363-1-10910-12-20
PBT 111223672933
Adjustment 46776921212427
Changes in Working Capital -8-5-1-5-8-21-18-17-60-69
Tax Paid 00-0-0-0-1-1-1-5-10
Cash Flow From Investing Activity + -8-0-2-2-32-48-11-14-3-2
Capex -8-0-2-2-32-48-10-14-3-2
Net Investments 0000000000
Others 00-000-0-1-000
Cash Flow From Financing Activity + 11-2-4-23459351817
Net Proceeds from Shares 00000021060
Net Proceeds from Borrowing 00000000-2029
Interest Paid -2-3-4-4-4-5-11-11-14-17
Dividend Paid 0000000000
Others 142023864-815475
Net Cash Flow -011-121103-5

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)3.035.937.219.725.118.3614.5611.7331.8424.86
ROCE (%)6.968.679.6210.137.246.239.69.0517.6916.57
Asset Turnover Ratio1.561.531.591.561.10.781.651.611.211.06
PAT to CFO Conversion(x)N/A363-1-3.331.82-0.57-0.87
Working Capital Days
Receivable Days79.9098.10102.9094.60103.10122.7069.7082.30117.20117.30
Inventory Days27.2020.8022.5037.3042.1057.9035.5038.1045.2050.40
Payable Days27.6023.3029.9026.4025.7035.8030.203432.7038.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nikita Greentech Recycling Ltd FAQs

The current trading price of Nikita Greentech 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 Nikita Greentech stood at ₹197.3 Cr

The latest P/E ratio of Nikita Greentech as of 31-Dec-1969 is 17.72.

The latest P/B ratio of Nikita Greentech as of 31-Dec-1969 is 1.78.

The 52-week high of Nikita Greentech is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nikita Greentech is ₹350 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nikita Greentech Recycling Ltd is a below average quality company.

The key valuation ratios of Nikita Greentech Recycling Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

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

About Nikita Greentech Recycling Ltd

Nikita Papers limited was originally incorporated as a Private Limited Company on August 18, 1989. Later, pursuant to shareholders resolution passed on May, 26, 2003 it converted into a Public Limited Company and fresh COI issued by RoC to the company dated June 12, 2003, and Corporate Identification Number of the company changed to U74899DL1989PLC129066 with its headquarters located at A-10, First Floor, Near Deepali Chowk, Saraswati Vihar, Pitampura, New Delhi 110034.

The company is engaged in manufacture of kraft paper and has been in existence for more than three decades with satisfactory business performance. The company has undergone through many expansion & modernizations from time to time as per the demand of the market to maintain its quality and now the paper quality of the company is well established in the paper market. The company in manufacturing Kraft paper in various Burst Factor (B.F.) ranges. This diverse product offering allows the company to cater to a wide range of customer needs within the paper industry.

At Nikita Papers, reusable/waste paper serves as a raw material in the production of Kraft paper. Waste paper, sourced from post-consumer and industrial sources which is gathered at dump grounds which is segregated, collected and stored. After the cleaning process, the waste paper is pulped, breaking down the fibres into a slurry consistency. This pulp is then blended with additives and chemicals to achieve the characteristics and properties required for Kraft paper production.

Business area of the company

The company is engaged in manufacture of kraft paper.

Products of the company

  • Kraft paper
  • Corrugation paper
  • Fluting paper
  • Carry bag paper

History and milestones

  • 1989 Incorporated as a Private Limited Company.
  • 1992: Establishment of Unit in Shamli (U.P) for Kraft paper production with a capacity of 30 Tons/Day.
  • 2003: Converted into a Public Limited Company.
  • 2013: Transition from Agro pulping to recycle pulping.
  • 2014: Conversion of the entire campus to zero liquid discharge.
  • 2016: Installation of a state-of-the-art 2.5 MW Thermal Power Plant.
  • 2018: Conversion of the power plant from coal to biomass fuel.
  • 2021: Installation of a cutting-edge paper machine with a capacity of 85,000 MT.
  • 2021: Installation of a 1.5 MW Thermal Power Plant.
  • 2023: Transition of 50% of fuel usage from biomass to RDF (Refuse-Derived Fuel).

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