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Nahar Poly Films Ltd Stock Analysis

Small Cap
Evaluated by 202 users | BSE: 523391 | NSE: NAHARPOLY |
Plastic Products
Nahar Poly Films Ltd, a Nahar Group company, started out in 1988 as manufacturers & exporters of cotton hosiery garment knitwear the company soon realized that to move forward it had to strategically move back.This it did through focused backward integration by setting  up on its own...

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 5.24%7.07%1.52%3.82%5.36%7.77%5.63%2.82%4.72%17.6%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 152246218301303262255252266277
Y-o-Y Gr. Rt.-61.5%-11.5%38.5%0.7%-13.7%-2.6%-1.1%5.5%4.3%
Adjusted EPS (Rs.) 0.92.85-2.830.141.724.724.0723.6713.35
Y-o-Y Gr. Rt.-216.7%-199.3%NA1128.6%174.4%-13.8%-50.9%83.5%263.8%
Book Value per Share (Rs.) 58.9461.2158.4958.6160.464.5494.8578.379.3571.62
Adjusted Net Profit 2.27-70.44.211.6104.9932.8
Net Op. Cash Flow (Rs. Cr.) -68.516.333.525.628.123.92322.216.840.1
Debt to Cash Flow from Ops -2.097.413.884.73.231.891.29100.09
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.
Nahar Poly Films Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.9%-1.8%2.9%4.3%
Adjusted EPS 34.9%50.7%48.6%263.8%
Book Value per Share 2.23.5-8.9-9.7
Share Price 15.7% 13.2% 5.5% 129.6%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 1.544.73-4.720.242.887.555.12.314.6517.66
Operating Profit Margin (%) 17.0317.578.398.9312.9817.1312.348.125.1315.3
Net Profit Margin (%) 1.452.85-3.190.121.394.443.921.953.411.84
Debt to Equity 0.990.80.90.830.610.280.130.1100.02
Working Capital Days 88698572727272867579
Cash Conversion Cycle -90375446434246595135
Entity Percentage Holding
Promoters 70.29%
Institutions 0.01%
Non-Institutions 29.70%
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 Nahar Poly Films Ltd's performance infers:

Nahar Poly Films Ltd earnings have grown by 50.7%, whereas share price has appreciated 13.2% 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 Nahar Poly Films Ltd share prices over the last 10 years. Here is what we found out:

Nahar Poly Films Ltd share price has appreciated 8.6% annually over the past ten years.

Nahar Poly Films Ltd, a Nahar Group company, started out in 1988 as manufacturers & exporters of cotton hosiery garment knitwear the company soon realized that to move forward it had to strategically move back.

This it did through focused backward integration by setting  up on its own spinning unit with an ambitious installed capacity of 25000 spindles aiming to provide premium value added and specialty yarns to the market This move was met with resounding success with total

Nahar Poly Films Ltd, a Nahar Group company, started out in 1988 as manufacturers & exporters of cotton hosiery garment knitwear the company soon realized that to move forward it had to strategically move back.

This it did through focused backward integration by setting  up on its own spinning unit with an ambitious installed capacity of 25000 spindles aiming to provide premium value added and specialty yarns to the market This move was met with resounding success with total spindelage jumping from a modest 16000 in 1992 to a whopping 72000 in 1998.

It was a conscious decision aiming to reap the benefits of a profitable merger. A proactive move strongly indicating the company determination and confidence, to race ahead of competition by superior utilization of both man & machines. A master strokes towards optimizing the bottom line of the company while minimizing administrative functional & legal hassles in one final swoop.Today, the results of these dynamic synergies are here for all to see in the year 2003-2004 the company achieved a turnover of Rs 4687 million and earned a profit of over Rs 357 million. Nahar Exports has five plants with a spindlage capacity of 153664 spindles manufacturing a wide range of premium specialty & value added yarns manned by a  dedicated work force of  5000 exporting to enthusiastic customers in the competitive export market of Europe, Hong Kong ,Singapore, Mauritius & South East Asian Countries Nahar Exports today is a major player in the chosen area blazing new trials & spanning new horizons in its on going  pursuit of ever greater excellence.

To consolidate the textile business under single umbrella and to have focused business approach, it was thought desirable and expedient to restructre company’s businesses. Accordingly a composite scheme of demerger and arrangement with Nahar Spinning Mills Limited was proposed, which was approved by the Punjab & Haryana High Court vide its order dated 21st Dec., 2006.

After the implementation of the scheme of demerger and arrangement, the company was left with the residual business i.e. some long term investement in shares and mutual funds. The managements having regard to the intrests of shareholders and stakeholders decided on 16th may, 2008 to put up I-Axially Oriented Polypropylene Films (BOPP Films) project. BOPP films is mainly used in flexible packaging and will be sold in the domestic and international markets. India's expanding organised retail business has provided ample opportunities for growth in the manufacturing activity.

Business area of the company includes:

  • The company is dealing in manufacture and export of cotton hosiery and knitwears.
  • BOPP Films - BOPP films is mainly used in flexible packaging
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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