Nanavati Ventures Ltd - Stock Valuation and Financial Performance

BSE: 543522 | NSE: | Trading | Small Cap

Nanavati Ventures Share Price

50.40 -0.20 -0.40%
as on 19-Apr'24 16:01

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Nanavati Ventures stock performance -

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P/E Ratio (SA):
276.05
Market Cap:
23.6 Cr.
52-wk low:
35.3
52-wk high:
63.7

Is Nanavati Ventures Ltd an attractive stock to invest in?

1. Is Nanavati Ventures Ltd a good quality company?

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

2. Is Nanavati Ventures Ltd undervalued or overvalued?

The key valuation ratios of Nanavati Ventures Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Nanavati Ventures Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nanavati Ventures 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 Nanavati Ventures:

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.
Nanavati Ventures 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'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -7%-9.2%223%3.8%0.2%2.7%-
Value Creation
Index
-1.5-1.714.9-0.7-1.0-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.10.6611.218.71616
Sales YoY Gr.--49.1%981.8%88.9%66.7%-14.7%-
Adj EPS 0.20.254.610.11.20.2
YoY Gr.-27.8%23652.2%-98.2%-88.8%981.8%-
BVPS (₹) 0005151.151.347.2
Adj Net
Profit
000.10.100.20
Cash Flow from Ops. 000.3-6.20.1-2.2-
Debt/CF from Ops. 000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA71.4%39%-14.7%
Adj EPS NA45.9%-72.1%981.8%
BVPSNANANA0.5%
Share Price - - - 19.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-5.7-7.72233.80.22.70.4
Op. Profit
Mgn %
0.1-01.30.9-0.21.5NAN
Net Profit
Mgn %
000.91.10.11.20.5
Debt to
Equity
000000-
Working Cap
Days
06441361482342960
Cash Conv.
Cycle
0480-7636891670

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 39.03%

Return on Equity has declined versus last 3 years average to 0.40%

Net Profit has been subdued in last 3 years -72.07%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Nanavati Ventures Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 -
TTM Sales (₹ Cr.) 16 -
BVPS (₹.) 47.2 -
Reserves (₹ Cr.) 17 -
P/BV 1.07 -
PE 276.05 -
From the Market
52 Week Low / High (₹) 35.25 / 63.65
All Time Low / High (₹) 26.10 / 63.65
Market Cap (₹ Cr.) 23.6
Equity (₹ Cr.) 4.7
Face Value (₹) 10
Industry PE 75.8

Management X-Ray of Nanavati Ventures:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Nanavati Ventures

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1.080.555.9511.2418.7415.99
Operating Expenses 1.080.555.8711.1518.7815.76
Manufacturing Costs000000
Material Costs1.060.545.8310.8718.4115.43
Employee Cost 0.010.010.040.160.290.29
Other Costs 000.010.120.070.04
Operating Profit 000.080.10-0.040.23
Operating Profit Margin (%) 0.0%0.0%1.3%0.8%-0.2%1.5%
Other Income 0000.080.070.06
Interest 000000
Depreciation 0000.010.020.01
Exceptional Items 00000-0.16
Profit Before Tax 000.080.160.020.12
Tax 000.020.040.010.03
Profit After Tax 000.050.120.010.09
PAT Margin (%) 0.0%0.0%0.9%1.1%0.1%0.5%
Adjusted EPS (₹)0.20.354.61.00.10.5
Dividend Payout Ratio (%)0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 000.056.176.188.46
Share Capital 0.010.010.011.211.211.65
Reserves -0.01-0.010.044.964.976.81
Minority Interest000000
Debt000000
Long Term Debt000000
Short Term Debt000000
Trade Payables0.121.872.790.3711.440.05
Others Liabilities 0-0.010.020.090.090.08
Total Liabilities 0.111.862.876.6417.728.59

Fixed Assets

Gross Block000.020.060.070.07
Accumulated Depreciation0000.010.030.05
Net Fixed Assets000.020.040.040.03
CWIP 000000
Investments 000000
Inventories0.091.85002.797.01
Trade Receivables002.592.8713.730.32
Cash Equivalents 0.010.010.260.070.170.14
Others Assets0.02003.650.991.09
Total Assets 0.111.862.876.6417.728.59

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 000.28-6.160.12-2.22
PBT 000.080.160.020.28
Adjustment 0000.010.02-0.14
Changes in Working Capital 0-00.21-6.310.12-2.35
Tax Paid 00-0.02-0.02-0.040
Cash Flow From Investing Activity 00-0.02-0.03-0.020
Capex 00-0.02-0.03-0.020
Net Investments 000000
Others 000000
Cash Flow From Financing Activity 000602.19
Net Proceeds from Shares 000602.19
Net Proceeds from Borrowing 000000
Interest Paid 000000
Dividend Paid 000000
Others 000000
Net Cash Flow 000.26-0.190.10-0.03
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/A223.013.830.221.17
ROCE (%)N/AN/A315.655.080.331.63
Asset Turnover Ratio9.690.562.522.371.541.22
PAT to CFO Conversion(x)N/AN/A5.6-51.3312-24.67
Working Capital Days
Receivable Days0015989162160
Inventory Days296360027112
Payable Days4166814653117136

Nanavati Ventures Ltd Stock News

Nanavati Ventures Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Nanavati Ventures on 19-Apr-2024 16:01 is ₹50.40.
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 19-Apr-2024 16:01 the market cap of Nanavati Ventures stood at ₹23.63.
The latest P/E ratio of Nanavati Ventures as of 19-Apr-2024 16:01 is 276.1.
The latest P/B ratio of Nanavati Ventures as of 19-Apr-2024 16:01 is 1.07.
The 52-week high of Nanavati Ventures is ₹63.65 and the 52-week low is ₹35.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nanavati Ventures is ₹15.99 ( Cr.) .

About Nanavati Ventures Ltd

Nanavati Ventures was originally incorporated as “Nanavati Ventures Private Limited” under Companies Act, 1956 vide Certificate of Incorporation dated August 10, 2010 issued by Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. The name of the Company changed from “Nanavati Ventures Private Limited” to “Nanavati Ventures Limited” pursuant to special resolution passed by the Shareholders at its Extra Ordinary General Meeting held on July 30, 2020 and a fresh certificate of incorporation consequent upon conversion from Private Company to Public Company was issued by the Registrar of Companies, Ahmedabad dated August 14, 2020.

Nanavati Ventures is engaged in trading of diamonds majorly in Surat, Gujarat. Its operations include sourcing of polished and uncut diamonds from primary and secondary source suppliers in the domestic market and sale of diamond to the retail and wholesale operations in Gujarat. It primarily sell diamonds to a customer base spread across domestic markets that includes various jewellery manufacturers, large department store chains, retail stores and wholesalers. The company was engaged into the business of trading of diamonds since the day of incorporation. It procure the rough and unpolished diamonds in several sizes and shapes from the suppliers and then the processing and polishing of rough gemstone is done by skilled workers on job-work basis.

The company has independent sales and distribution networks for its products. A substantial majority of its cut and polished diamonds are sold to diamond wholesalers and the jewellery manufacturers in the domestic markets. It procures diamond from suppliers at domestic level and it has good business association with suppliers. It has a centralised procurement policy and generally purchase in large volumes in order to stock. By purchasing in large volumes, it is able to purchase inventory at lower prices than its competitors, which enables it to sell its products at competitive prices.

Business area of the company

The company is currently engaged in the business of trading of polished diamonds and uncut diamonds. It procure from raw diamond from Local vendors of Gujarat especially in Surat.

Key Milestones

  • 2010: Incorporation of the company.
  • 2020: The company was converted into a public limited company and name of company was changed from ‘Nanavati Ventures Private Limited’ to ‘Nanavati Ventures Limited’.
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