X

Nava Bharat Ventures Ltd Stock Analysis

Small Cap
Evaluated by 1189 users | BSE: 513023 | NSE: NBVENTURES |
Power Generation/Distribution

Nava Bharat Ventures Limited is a major company of a multinational industrial group whose businesses diversified in Ferro Alloys, Power, Mining, Agribusiness and Healthcare Services spread over India, South East Asia, and Africa. Nava Bharat Ventures Limited...

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.
Nava Bharat Ventures Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 15.73%8.03%9.8%7.92%5.71%4.57%3.92%5.96%5.44%4.36%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,0899701,1241,1011,1531,0269901,3091,3591,208
Y-o-Y Gr. Rt.--10.9%15.9%-2.1%4.8%-11%-3.5%32.1%3.8%-11.1%
Adjusted EPS (Rs.) 20.189.3912.5410.547.416.165.159.458.676.98
Y-o-Y Gr. Rt.--53.5%33.6%-16%-29.7%-16.9%-16.4%83.5%-8.3%-19.5%
Book Value per Share (Rs.) 120.58118.5129.08137.13141.94148.48147.02155.13162.79167.6
Adjusted Net Profit 30816822418813211092.1169155123
Net Op. Cash Flow (Rs. Cr.) 14528015615212732017259201152
Debt to Cash Flow from Ops 2.120.690.961.131.331.361.75.661.591.96
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.
Nava Bharat Ventures Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 1.2%0.9%6.8%-11.1%
Adjusted EPS -11.1%-1.2%10.7%-19.5%
Book Value per Share 3.73.44.53
Share Price -3.9% -2.4% -20.5% 79.6%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 17.938.4710.137.915.314.243.496.265.464.2
Operating Profit Margin (%) 31.6323.9526.4523.0214.4512.2316.4919.7718.8617.06
Net Profit Margin (%) 28.3117.2819.9117.0911.4810.729.2912.911.410.18
Debt to Equity 0.170.090.060.070.070.160.110.120.110.1
Working Capital Days 259303262277291413423287318319
Cash Conversion Cycle 1051321061211341339684106133
Entity Percentage Holding
Promoters 45.53%
Institutions 2.54%
Non-Institutions 51.93%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Nava Bharat Ventures Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Nava Bharat Ventures Ltd is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Nava Bharat Ventures Ltd's performance infers:

Nava Bharat Ventures Ltd earnings have declined by -1.2%, whereas share price has depreciated -2.4% 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 Nava Bharat Ventures Ltd share prices over the last 10 years. Here is what we found out:

Nava Bharat Ventures Ltd share price has depreciated -6.2% annually over the past ten years.

Nava Bharat Ventures Limited is a major company of a multinational industrial group whose businesses diversified in Ferro Alloys, Power, Mining, Agribusiness and Healthcare Services spread over India, South East Asia, and Africa. Nava Bharat Ventures Limited was incorporated in India on November 7, 1972 under the Companies Act, 1956. The Company’s equity shares are listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Read More

Nava Bharat Ventures Limited is a major company of a multinational industrial group whose businesses diversified in Ferro Alloys, Power, Mining, Agribusiness and Healthcare Services spread over India, South East Asia, and Africa. Nava Bharat Ventures Limited was incorporated in India on November 7, 1972 under the Companies Act, 1956. The Company’s equity shares are listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Business area of the company

The company is engaged in the business of manufacture of ferro alloys, generation of power and rendering of operation and maintenance services from its principle place of business located in Paloncha, Hyderabad, Kharagprasad and Samalkot in the states of Telangana, Odisha and Andhra Pradesh, respectively.

Business verticals

  • Ferro Alloys
  • Energy
  • Operation & Maintenance
  • Mining
  • Agribusiness
  • Healthcare

Award

2014-15:

  • Silver Award for Best Distillery in Andhra Pradesh for the Season 2013-14 from The South Indian Sugarcane & Sugar Technologists’ Association (Sugar Division received this award)
  • 15th National Award for Excellence in Energy Management 2014 as Energy Efficient Unit from Confederation of Indian Industry (Odisha Works received this award).
  • Certificate of Appreciation for Commendable Performance for the Season 2013-14 from The South Indian Sugarcane & Sugar Technologists’ Association, Chennai (Sugar Division received this award)
  • Regional Export Award as Star Performer - Large Enterprise (Ferro Alloys) in recognition of outstanding contribution to Engineering Exports for 2012-13 from EEPCINDIA, Southern Region.

2015-16:

  • National Award for Excellence in Energy Management 2015 as Energy Efficient Unit from Confederation of Indian Industry (Sugar Division received this award).
  • “Pollution Control Excellence Award” under the category – Industry. The Company’s Unit in Odisha bagged this award from State Pollution Control Board, Odisha for the recognition of effective pollution control measures and sound environment management practices for the year 2015.
  • “National Safety Council Award”

2016-17:

  • National Award for Excellence in Energy Management 2016 as Excellent Energy Efficient Unit from Confederation of Indian Industry (The Odisha Works and Sugar Division received this award). NBVL’s step down subsidiary NBEIL received the award as Energy Efficient Unit
  • Star Performer - Large Enterprise (Ferro Alloys) for Export Excellence for the year 2014-15 from EEPCINDIA, Southern Region
  • Netmagic Futurist Award for IT - Excellence in Manufacturing Segment, focusing on deployment of Next Generation Business Applications, from Netmagic, India’s leading Managed Hosting and Cloud service provider

2017-18:

  • CII-ITC Sustainability Awards 2017 - NBVL, Paloncha is awarded “Commendation for Significant Achievement in Corporate Social Responsibility”, for Commendable Results from Deployment of Policy and Processes on the journey to Excellence in Sustainable Business.
  • Gold Award for Best Technical Efficiency in the State of Andhra Pradesh from South Indian Sugarcane & Sugar Technologists Association (SISSTA) for the season 2016- 17 (The award was received by Sugar Division).
  • Silver Award for Best Co-generation in the State of Andhra Pradesh from South Indian Sugarcane & Sugar Technologists Association (SISSTA) for the season 2016- 17 (The award was received by Sugar Division).
  • National Award for Excellence in Energy Management, 2017 for Excellent Energy Efficient Unit from Confederation of Indian Industry (The Power Plant – Odisha received this award under the category of Captive Power Plant).

2018-19:

  • “Best CSR Performer” in the segment of Large Industry, by Industries and Commerce Department, Government of Telangana, at the “Industry Awards – 2018” function (Paloncha works received this award).
  • National Award for Excellence in Energy Management, 2018 for Excellent Energy Efficient Unit from Confederation of Indian Industry (CII), Hyderabad (The Power Plant, Odisha, received this award).
  • National Award for Excellence in Energy Management, 2018 for Energy Efficient Unit from Confederation of Indian Industry (CII), Hyderabad (Ferro Alloy Plant, Odisha, received this award).
  • National Award for Excellence in Energy Management, 2018 for Energy Efficient Unit from Confederation of Indian Industry (CII), Hyderabad (The Sugar Division, Andhra Pradesh, received this award).  
  • National Award for Excellence in Energy Management, 2018 for Energy Efficient Unit from Confederation of Indian Industry (CII) (Eastern Region), Kolkata (Odisha works received this award). 
  • Golden Award for Best Co-Generation in AP for the season 2017-18 from South Indian Sugarcane & Sugar Technologists Association (SISSTA) (The Sugar Division, Andhra Pradesh, received this award). 
  • Silver Award for Best Technical Efficiency in AP for the season 2017-18 from South Indian Sugarcane & Sugar Technologists Association (SISSTA) (The Sugar Division, Andhra Pradesh, received this award).

2019-20:

  • “Silver Award” for Best Co-Generation in Andhra Pradesh State from South Indian Sugarcane & Sugar Technologists Association (SISSTA) for the season 2018-19, at the 49th Annual Convention of SISSTA, held in Chennai.
  • “Energy Efficient Unit” award under the category of Power Sector – Captive Power Plant, from Confederation of Indian Industry (CII), at the 20th National Award for Excellence in Energy Management.
  • “Energy Efficient Unit” award under the category of Metal Sector, from Confederation of Indian Industry (CII) at the 20th National Award for Excellence in Energy Management.

Milestones

  • 1975: Commenced production of ferro silicon at Paloncha, Telangana
  • 1980: Diversified into production of sugar and downstream products at Samalkot, A.P. 1989: Commenced commercial production of manganese and chrome alloys
  • 1997: Diversified into power generation by catering to captive requirements and selling surplus power.
  • 2010: Acquired a large coal mining company (Maamba Collieries Limited) in Zambia.
  • 2015: Financial closure for integrated coal and power project of Maamba Collieries Limited in Zambia
  • 2016: Commissioned 300 MW power plant of Maamba Collieries Limited in Zambia.
  • 2017: Commenced commercial operations of 300 MW power plant of Maamba Collieries Limited in Zambia
  • 2017: Foray into Health Care Services in Singapore 
  • 2017: Established & commenced commercial operations of Ash Products Plant at Paloncha, Telangana
  • 2018: Successful completion of first year Operations of 300 MW Maamba power plant
  • 2019: The company made several rapid strides along several fronts, bagging a slew of industry honors and awards along the way
  • 2020: Nava Bharat Ventures has entered into a Conversion Agreement with Tata Steel Mining (TSML), wholly owned subsidiary of Tata Steel (TSL), with which similar arrangement subsisted, for conversion of high carbon ferro chrome
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback