Narendra Properties Ltd

Narendra Properties Ltd

₹ 42.3 -0.31%
04 Jul - close price
About

Incorporated in 1995, Narendra Properties Ltd
is a Chennai-based Real Estate company. It is engaged in the business of commercial and residential property development and civil construction.

Key Points

Business Overview:[1]
Company undertakes development projects
of residential and commercial multi-storied apartment complexes and has developed
over 2.5 million+ sq.ft. area.

  • Market Cap 30.1 Cr.
  • Current Price 42.3
  • High / Low 69.3 / 22.4
  • Stock P/E 13.4
  • Book Value 52.6
  • Dividend Yield 2.36 %
  • ROCE 8.16 %
  • ROE 6.14 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.80 times its book value

Cons

  • Company has a low return on equity of -2.94% over last 3 years.
  • Earnings include an other income of Rs.0.86 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Construction Industry: Construction

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11.22 2.93 6.47 5.76 3.48
0.23 0.22 0.24 0.43 1.07 0.20 0.20 0.43 4.75 2.34 0.78 6.75 6.62
Operating Profit -0.23 -0.22 -0.24 -0.43 -1.07 -0.20 -0.20 -0.43 6.47 0.59 5.69 -0.99 -3.14
OPM % 57.66% 20.14% 87.94% -17.19% -90.23%
0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.08 0.17 0.24 0.37
Interest 0.25 0.09 0.10 0.14 0.16 0.19 0.20 0.20 0.14 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01
Profit before tax -0.47 -0.31 -0.34 -0.57 -1.23 -0.39 -0.40 -0.63 6.34 0.67 5.86 -0.76 -2.78
Tax % 76.60% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.78% 0.00% 0.00% 0.00% -26.98%
-0.12 -0.31 -0.34 -0.57 -1.23 -0.39 -0.40 -0.63 5.72 0.67 5.86 -0.76 -3.53
EPS in Rs -0.17 -0.44 -0.48 -0.80 -1.73 -0.55 -0.56 -0.89 8.05 0.94 8.25 -1.07 -4.97
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18.63
0.79 0.69 0.69 0.74 0.92 1.03 0.96 1.02 0.94 1.96 2.12 16.48
Operating Profit -0.79 -0.67 -0.69 -0.74 -0.92 -1.03 -0.96 -1.02 -0.94 -1.96 -2.12 2.15
OPM % -3,350.00% 50.18% 11.54%
1.91 1.67 1.34 1.14 0.93 0.38 0.26 0.00 12.97 0.00 7.76 0.86
Interest 0.00 0.00 0.00 0.00 0.34 0.32 0.20 0.00 1.23 0.49 0.72 0.00
Depreciation 0.04 0.03 0.03 0.02 0.03 0.03 0.03 0.02 0.02 0.00 0.00 0.02
Profit before tax 1.08 0.97 0.62 0.38 -0.36 -1.00 -0.93 -1.04 10.78 -2.45 4.92 2.99
Tax % 29.63% 31.96% 17.74% 13.16% 8.33% 3.00% 2.15% 0.00% 17.07% 0.00% 12.60% 25.08%
0.76 0.67 0.51 0.32 -0.33 -0.97 -0.91 -1.04 8.94 -2.45 4.30 2.25
EPS in Rs 1.07 0.94 0.72 0.45 -0.46 -1.36 -1.28 -1.46 12.58 -3.45 6.05 3.17
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.65% 31.60%
Compounded Sales Growth
10 Years: 98%
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 15%
5 Years: 35%
3 Years: 45%
TTM: 180%
Stock Price CAGR
10 Years: 15%
5 Years: 36%
3 Years: 40%
1 Year: 79%
Return on Equity
10 Years: -3%
5 Years: -4%
3 Years: -3%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 7.11 7.11 7.16 7.16 7.16 7.16 7.16 7.16 7.16 7.16 7.16 7.16
Reserves 19.93 20.60 21.03 21.34 20.83 19.86 18.95 17.91 26.85 24.40 28.70 30.24
0.00 0.00 0.00 0.00 0.00 4.19 8.56 10.91 2.45 4.84 0.00 0.00
0.06 0.07 0.11 0.19 0.21 0.69 0.79 0.75 0.66 0.45 1.16 0.51
Total Liabilities 27.10 27.78 28.30 28.69 28.20 31.90 35.46 36.73 37.12 36.85 37.02 37.91
0.23 0.16 0.11 0.09 0.09 0.06 0.04 0.02 0.01 0.00 0.00 0.24
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 4.71 1.26 1.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00
26.87 27.62 23.48 27.34 26.94 31.84 35.42 36.71 37.11 36.85 37.02 37.67
Total Assets 27.10 27.78 28.30 28.69 28.20 31.90 35.46 36.73 37.12 36.85 37.02 37.91

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-3.08 6.39 -2.62 -5.20 -5.39 -1.06 -1.13 -1.75 2.21 -1.43 3.34 -0.19
1.96 0.02 -3.38 4.55 1.08 2.11 1.45 1.00 0.00 0.00 0.50 0.45
0.00 0.00 0.00 0.00 4.01 -1.01 -0.20 1.25 -1.98 0.56 -0.72 -0.71
Net Cash Flow -1.12 6.41 -5.99 -0.65 -0.30 0.04 0.13 0.50 0.22 -0.87 3.12 -0.45

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00
Inventory Days 31,222.30 5,687.76 455.52
Days Payable 167.70 9.17 1.58
Cash Conversion Cycle 0.00 453.94
Working Capital Days 242,907.50 333.06
ROCE % 2.14% 2.92% 2.18% 1.34% -0.07% -2.30% -2.22% -2.94% -2.62% -5.38% -5.84%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.06% 70.06% 70.06% 70.06% 70.06% 70.06% 70.06% 70.06% 70.06% 70.19% 70.19% 70.19%
29.94% 29.94% 29.94% 29.94% 29.94% 29.94% 29.94% 29.95% 29.95% 29.82% 29.80% 29.81%
No. of Shareholders 1,4621,5231,6052,3042,1752,0972,0622,0152,0122,1342,0492,043

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