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Nicco Parks & Resorts Ltd Stock Analysis

Small Cap
Evaluated by 248 users | BSE: 526721 | NSE: |
Amusement Parks/Recreation/Club
Nicco Parks and Resorts (NPRL) was incorporated on March 17, 1989.The Company was set up as a joint sector company with Nicco Corporation (a well-diversified business conglomerate of Rs. 5000 million) and the Government of West Bengal represented by West Bengal Industrial Development...

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
 Sep'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 17.85%13.61%19.08%11.95%14.46%19.03%18.57%17.83%17.56%19.55%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 29.334.632.529.935.442.942.6454755.5
Y-o-Y Gr. Rt.-17.9%-5.9%-8.1%18.5%21%-0.7%5.6%4.5%18%
Adjusted EPS (Rs.) 0.50.910.720.470.640.981.091.161.351.73
Y-o-Y Gr. Rt.-82%-20.9%-34.7%36.2%53.1%11.2%6.4%16.4%28.2%
Book Value per Share (Rs.) 2.756.123.63.914.374.955.626.68.149.1
Adjusted Net Profit 2.44.23.42.234.65.15.46.38.1
Net Op. Cash Flow (Rs. Cr.) 54.933.15.67.86.96.48.410.3
Debt to Cash Flow from Ops 0.351.361.151.030.640.540.640.530.30.15
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.
Nicco Parks & Resorts Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 7.3%9.4%9.2%18%
Adjusted EPS 14.8%22%16.7%28.2%
Book Value per Share 14.215.817.411.8
Share Price 9.9% 9.1% 7.3% 52.6%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Sep'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 19.6215.5921.6112.4315.3621.1320.5918.9518.2820.07
Operating Profit Margin (%) 13.5421.6318.5714.7115.1716.9317.8218.6620.2520.38
Net Profit Margin (%) 8.0412.2710.377.38.3910.7511.9512.0413.4214.6
Debt to Equity 0.140.230.210.180.180.180.170.110.070.04
Working Capital Days 681741421511131091271297830
Cash Conversion Cycle -51-113-32-16-14-20-29-32-25-26
Entity Percentage Holding
Promoters 64.96%
Non-Institutions 35.04%
Pledged *40.0340.0340.0340.0339.7439.6439.1139.0938.6738.48
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Nicco Parks & Resorts Ltd's performance infers:

Nicco Parks & Resorts Ltd earnings have grown by 22%, whereas share price has appreciated 9.1% 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 Nicco Parks & Resorts Ltd share prices over the last 10 years. Here is what we found out:

Nicco Parks & Resorts Ltd share price has appreciated 10.2% annually over the past ten years.

Nicco Parks and Resorts (NPRL) was incorporated on March 17, 1989.The Company was set up as a joint sector company with Nicco Corporation (a well-diversified business conglomerate of Rs. 5000 million) and the Government of West Bengal represented by West Bengal Industrial Development Corporation (WBIDC) and West Bengal Tourism Development Corporation Limited (WBTDC). Securities of the company are listed with the stock exchanges and the company has been paying dividend during last ten

Nicco Parks and Resorts (NPRL) was incorporated on March 17, 1989.The Company was set up as a joint sector company with Nicco Corporation (a well-diversified business conglomerate of Rs. 5000 million) and the Government of West Bengal represented by West Bengal Industrial Development Corporation (WBIDC) and West Bengal Tourism Development Corporation Limited (WBTDC). Securities of the company are listed with the stock exchanges and the company has been paying dividend during last ten consecutive years.

NPRL was incorporated with the prime objective of providing educative entertainment and wholesome recreation for the entire family simultaneously promoting tourism. NPRL presents a complete leisure package in an eco-friendly atmosphere with thrilling rides, eateries, exclusive landscaping, and indoor sports. This amusement park offers all kinds of entertainment under one roof and handles its offerings with professional élan.

The 40 acre park in Kolkata, set up with technical advice from Blackpool Leisure and Amusement Consultancy Ltd., UK, was inaugurated on October 13, 1991.

At present the park has 25 major attractions along with an international standard indoor sports complex with bowling, pool and air hockey and an up – market restaurant cum bar. The multi - cuisine food court in the park houses the leading restaurants of Kolkata.

Crossing international frontiers, NPRL today is proactively involved in providing technical consultancy, manufacturing and supplying of rides for large amusement parks, both in India and abroad. NPRL has set up amusement parks within India in Jamshedpur and Bhubaneshwar and in neighboring countries like Bangladesh and Sri Lanka and other international locations like the UAE and UK and have gained immense popularity.

The Company is recognized as a pioneer in offering family entertainment. It extends overall technical consultancy for setting up amusement parks and supplies ride components under technical collaboration from Blackpool Leisure & Amusement consultancy limited, UK. Currently it is working with an UAE based amusement park to upgrade their existing facilities / rides and provide consultancy services for future expansions and cost reduction exercises. Other than supply of rides components to UK, Germany and Japan various new projects are presently under implementation in Bangladesh & UK.

Business area of the company:

At Nicco Park, it offers a wide range of rides and facilities, which the company manufacture in addition to setting up the operation of Amusement or Water Parks on turnkey basis.

The company is associated with TUV, India (affiliated to TUEV, Germany) who commission an annual inspection of all its major rides along with manufacturing inspections for the new rides based on approved quality assurance plans.

The company can offer overall consultancy to set-up and run Theme Parks successfully

Achievements/ recognition:

  • Achieved the rare distinction of becoming the first Amusement Park in the world to obtain ISO 9001 - 2000 Quality Management System Certification and ISO 14001
  • Environment Management System Certification from well-known European Certifying Authority
  • Received the coveted 'Business Excellence Award' in Total Quality Management Contest conducted by CII - Eastern Region on the Malcolm Baldrige Model
  • Received The Environmental Excellence Award from the provincial Government of West Bengal in 2004
  • Received the Export Excellence Award from the engineering export promotion council of India in 2005
  • OHSAS 18001 on Health & Safety
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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