National General Industries Ltd
Incorporated in 1987, National General Industries Ltd is in the business of manufacturing and selling of steel, handling services of steel products and investing[1]
- Market Cap ₹ 36.6 Cr.
- Current Price ₹ 66.3
- High / Low ₹ 93.5 / 62.1
- Stock P/E 29.8
- Book Value ₹ 62.5
- Dividend Yield 0.00 %
- ROCE 3.68 %
- ROE 3.23 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.06 times its book value
- Company's working capital requirements have reduced from 78.0 days to 57.7 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -6.17% over past five years.
- Company has a low return on equity of 0.89% over last 3 years.
- Earnings include an other income of Rs.3.89 Cr.
- Debtor days have increased from 29.5 to 35.7 days.
* 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
22.00 | 16.22 | 16.73 | 17.97 | 15.68 | 17.69 | 17.56 | 19.47 | 18.43 | 18.16 | 13.39 | 12.77 | 12.53 | |
21.28 | 15.90 | 15.52 | 14.77 | 14.53 | 16.48 | 17.42 | 20.00 | 19.12 | 18.56 | 13.82 | 13.23 | 12.91 | |
Operating Profit | 0.72 | 0.32 | 1.21 | 3.20 | 1.15 | 1.21 | 0.14 | -0.53 | -0.69 | -0.40 | -0.43 | -0.46 | -0.38 |
OPM % | 3.27% | 1.97% | 7.23% | 17.81% | 7.33% | 6.84% | 0.80% | -2.72% | -3.74% | -2.20% | -3.21% | -3.60% | -3.03% |
0.66 | 0.61 | 0.73 | 0.41 | 0.35 | 0.28 | 0.95 | 0.36 | 6.93 | 1.10 | 1.11 | 4.12 | 3.89 | |
Interest | 0.64 | 0.59 | 0.57 | 0.37 | 0.22 | 0.20 | 0.22 | 0.26 | 0.15 | 0.14 | 0.14 | 0.14 | 0.13 |
Depreciation | 0.35 | 0.25 | 0.50 | 0.52 | 0.53 | 0.47 | 0.48 | 0.50 | 0.42 | 0.41 | 0.32 | 0.33 | 0.36 |
Profit before tax | 0.39 | 0.09 | 0.87 | 2.72 | 0.75 | 0.82 | 0.39 | -0.93 | 5.67 | 0.15 | 0.22 | 3.19 | 3.02 |
Tax % | 0.00% | 77.78% | 8.05% | 44.49% | -8.00% | 17.07% | 20.51% | -3.23% | -2.29% | 33.33% | 0.00% | 6.27% | |
0.39 | 0.02 | 0.80 | 1.50 | 0.81 | 0.68 | 0.30 | -0.89 | 5.80 | 0.10 | 0.22 | 3.00 | 2.87 | |
EPS in Rs | 0.71 | 0.04 | 1.45 | 2.71 | 1.46 | 1.23 | 0.54 | -1.61 | 10.49 | 0.18 | 0.40 | 5.42 | 5.19 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -6% |
3 Years: | -12% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 67% |
3 Years: | 47% |
TTM: | 56% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | -13% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -1% |
3 Years: | 1% |
Last Year: | 3% |
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 | 4.66 | 4.66 | 4.67 | 4.67 | 4.67 | 4.67 | 4.67 | 4.67 | 4.67 | 4.67 | 4.68 | 4.68 |
Reserves | 13.62 | 13.59 | 14.35 | 15.82 | 18.16 | 19.15 | 19.32 | 17.66 | 24.07 | 24.78 | 25.22 | 29.86 |
5.07 | 5.71 | 2.99 | 2.75 | 2.14 | 2.18 | 2.00 | 1.77 | 2.19 | 2.33 | 1.60 | 1.41 | |
1.35 | 1.84 | 2.00 | 2.85 | 2.58 | 2.63 | 2.79 | 2.14 | 2.32 | 2.13 | 2.02 | 2.36 | |
Total Liabilities | 24.70 | 25.80 | 24.01 | 26.09 | 27.55 | 28.63 | 28.78 | 26.24 | 33.25 | 33.91 | 33.52 | 38.31 |
13.38 | 13.27 | 12.82 | 12.58 | 12.07 | 11.74 | 12.14 | 12.12 | 3.83 | 3.81 | 3.59 | 3.83 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 4.20 | 4.49 | 3.42 | 5.65 | 8.48 | 9.45 | 9.93 | 8.97 | 10.22 | 10.63 | 10.69 | 20.35 |
7.12 | 8.04 | 7.77 | 7.86 | 7.00 | 7.44 | 6.61 | 5.15 | 19.20 | 19.47 | 19.24 | 14.13 | |
Total Assets | 24.70 | 25.80 | 24.01 | 26.09 | 27.55 | 28.63 | 28.78 | 26.24 | 33.25 | 33.91 | 33.52 | 38.31 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.64 | -0.15 | 1.28 | 2.92 | 0.91 | 0.69 | 1.14 | 0.61 | -0.73 | 0.29 | 1.07 | 1.51 | |
-0.09 | 0.07 | 1.76 | -2.19 | -0.41 | -0.57 | -0.77 | -0.14 | 0.71 | -0.42 | -0.34 | -1.15 | |
-2.61 | 0.08 | -3.25 | -0.61 | -0.76 | -0.13 | -0.37 | -0.47 | 0.27 | 0.02 | -0.86 | -0.33 | |
Net Cash Flow | -0.06 | 0.00 | -0.21 | 0.12 | -0.26 | -0.01 | 0.01 | 0.01 | 0.25 | -0.11 | -0.13 | 0.03 |
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 | 25.05 | 39.16 | 41.67 | 66.62 | 66.34 | 55.71 | 29.93 | 32.24 | 25.15 | 17.69 | 35.16 | 35.73 |
Inventory Days | 50.42 | 66.39 | 69.59 | 70.12 | 68.54 | 96.05 | 122.72 | 63.40 | 70.55 | 83.47 | 94.96 | 68.95 |
Days Payable | 10.12 | 24.93 | 30.28 | 19.09 | 20.32 | 23.40 | 46.50 | 30.24 | 32.28 | 25.71 | 33.24 | 17.99 |
Cash Conversion Cycle | 65.35 | 80.61 | 80.97 | 117.65 | 114.56 | 128.36 | 106.15 | 65.40 | 63.42 | 75.45 | 96.89 | 86.69 |
Working Capital Days | 72.00 | 126.69 | 116.29 | 98.31 | 123.61 | 116.16 | 95.20 | 65.05 | 72.88 | 77.18 | 99.22 | 57.74 |
ROCE % | 1.82% | 1.14% | 3.74% | 13.44% | 3.78% | 3.81% | 1.23% | -3.23% | -3.13% | -0.73% | 0.88% | 3.68% |
Documents
Announcements
-
Board Meeting Intimation for Unaudited Financial Results - 30Th September, 2024
2d - Board meeting to approve Q2 financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Oct - Certificate under Regulation 74(5) of SEBI (DP) Regulations for the quarter ended on 30th September, 2024
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep
- Closure of Trading Window 30 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 30 Sep
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Product Profile:[1]
a) Steel Rounds:[2]
Company is producer of hot rolled steel rounds of size range 18 mm to 200 mm diameter. These are used for Bright Bar manufacturers, Earthmoving Industry, Fasteners, Ordinances Factories, Railways, Forgings, Auto components (4 wheelers, 2 wheelers and commercial vehicles) and various heavy engineering industries
b) Steel Squares:[3]
Company manufactures Mild Steel, Carbon Steel & Alloy Steel Squares
c) Steel Flat:[4]
Steel Flat bars are used in manufacture of components for Hand tools like pliers and spanners