NRC was incorporated in September 1946, is engaged in the manufacture of yarns and chemicals. Formerly known as National Rayon Corporation, it got its present name on February 24, 1995. The company is part of the Duncans-Goenka group, which has G P Goenka’s Duncans Industries as its...

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
 Jun'08Sep'09Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Return on Capital Employed -44.96%-60.46%-42.68%-47.3%842.21%88.14%14.1%6.15%10.37%4.46%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 25721.80.40000000
Y-o-Y Gr. Rt.--91.5%-98%-100%NANANANANANA
Adjusted EPS (Rs.) -38.94-33.24-16.13-14.9-6.53-6.61-3.11-2.14-3.87-1.81
Y-o-Y Gr. Rt.-NANANANANANANANANA
Book Value per Share (Rs.) -31.33-61.9-68.79-118.5-125.87-132.48-152.63-155.07-157.06-158.14
Adjusted Net Profit -143-124-60.1-55.5-24.3-24.6-11.6-8-14.4-6.7
Net Op. Cash Flow (Rs. Cr.) -33.3-25.9-18.8-8.7-2.4-6.4-4.8-3.5-2.7-10.8
Debt to Cash Flow from Ops -5.66-8.27-11.69-31.2-114.4-42.88-58.4-79.77-103.08-25.16
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.
NRC Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -100%NANANA
Adjusted EPS NANANANA
Book Value per Share 0000
Share Price -0.8% - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Jun'08Sep'09Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Return on Equity (%) -136.53466.2458.2923.928.858.163.231.953.451.58
Operating Profit Margin (%) -35.87-402.06-4296.340000000
Net Profit Margin (%) -55.74-566.89-13632.870000000
Debt to Equity -1.68-0.94-0.86-0.62-0.58-0.56-0.49-0.49-0.48-0.46
Working Capital Days 13798722,6760000000
Cash Conversion Cycle 251645,4600000000
Entity Percentage Holding
Promoters 46.79%
Institutions 4.32%
Non-Institutions 48.90%
Pledged *76.5576.5576.5576.5576.5576.5576.5576.5576.5576.55
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

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

NRC earnings have grown by 0%, whereas share price has appreciated 0% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

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

NRC share price has appreciated -8.8% annually over the past ten years.

NRC was incorporated in September 1946, is engaged in the manufacture of yarns and chemicals. Formerly known as National Rayon Corporation, it got its present name on February 24, 1995. The company is part of the Duncans-Goenka group, which has G P Goenka’s Duncans Industries as its flagship company.

In the year 1969, the company enters into collaboration agreements for the production of 2,200 tonnes of nylon-6 tyre yarn per annum were finalized with Chemtex Fibres of USA for the

NRC was incorporated in September 1946, is engaged in the manufacture of yarns and chemicals. Formerly known as National Rayon Corporation, it got its present name on February 24, 1995. The company is part of the Duncans-Goenka group, which has G P Goenka’s Duncans Industries as its flagship company.

In the year 1969, the company enters into collaboration agreements for the production of 2,200 tonnes of nylon-6 tyre yarn per annum were finalized with Chemtex Fibres of USA for the supply of technical know-how and Chemtex Overseas for the supply of technical personnel and engineering services.

The company is operating in the three segments of rayon, nylon and chemicals. The company has its manufacturing unit located in the Thane district of Maharashtra with a 24 MW capacity captive power plant. It manufactures viscose filament yarn with an installed capacity of 16,000 MT per annum in the rayon segment. Nylon tire cord, nylon filament and industrial yarn, are offered, which find application in the textile and tire manufacturing industries. The acquisition of 12 TPD Nylon-6 tyre yarn plant with spin draw machinery has increased nylon tyre cord capacity to 12,000 TPA. The chemicals division manufactures caustic soda, sulphuric acid, carbon-disulphide, sodium sulphate anhydrous, hydrochloric acid, compressed and uncompressed hydrogen and sodium sulphide.

In the year 1997, NRC undertook to set up a captive power project envisaging installation of 4 diesel generating sets of 6 MW capacities each. Caristrap, a wholly owned subsidiary of the company, was amalgamated with the company with effect from 1st April 1997.

The registered office of the company is located at Ewart House, Homi Modi Street, Mumbai 400001.

Business area of the company

The company is engaged in the manufacturing of Textile Rayon Yarn, Industrial Rayon Yarn, Nylon Tyrecord, Caustic Soda, Sulphuric Acid, Carbon bi-sulphide, liquid chlorine, hydrochloric acid and other allied chemicals and hydrogen gas.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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