Nirmitee Robotics India Ltd
Incorporated in 2016, Nirmitee Robotics India Ltd provides repairs and maintenance services through HVAC air duct cleaning[1]
- Market Cap ₹ 23.0 Cr.
- Current Price ₹ 64.0
- High / Low ₹ 159 / 57.0
- Stock P/E
- Book Value ₹ 9.61
- Dividend Yield %
- ROCE -9.10 %
- ROE -18.7 %
- Face Value ₹
Pros
Cons
- Stock is trading at 6.66 times its book value
- Company has low interest coverage ratio.
- Company has high debtors of 208 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: Miscellaneous Industry: Miscellaneous
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 3.50 | 4.16 | 5.38 | 6.02 | 4.46 | |
| 3.08 | 3.65 | 4.44 | 6.47 | 5.23 | |
| Operating Profit | 0.42 | 0.51 | 0.94 | -0.45 | -0.77 |
| OPM % | 12.00% | 12.26% | 17.47% | -7.48% | -17.26% |
| 0.02 | 0.01 | 0.02 | 0.03 | 0.03 | |
| Interest | 0.03 | 0.03 | 0.08 | 0.23 | 0.30 |
| Depreciation | 0.07 | 0.06 | 0.08 | 0.17 | 0.15 |
| Profit before tax | 0.34 | 0.43 | 0.80 | -0.82 | -1.19 |
| Tax % | 29.41% | 25.58% | 22.50% | 18.29% | |
| 0.23 | 0.33 | 0.63 | -0.97 | -1.34 | |
| EPS in Rs | 0.64 | 0.92 | 1.75 | -2.69 | -3.72 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | -29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -938% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -1% |
| 1 Year: | -54% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 0.60 | 3.60 | 3.60 |
| Reserves | 3.95 | 1.58 | -0.14 |
| -0.01 | 1.30 | 2.41 | |
| 0.55 | 1.78 | 0.22 | |
| Total Liabilities | 5.09 | 8.26 | 6.09 |
| 0.29 | 0.84 | 0.96 | |
| CWIP | 0.01 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 |
| 4.79 | 7.42 | 5.13 | |
| Total Assets | 5.09 | 8.26 | 6.09 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 0.45 | -0.57 | 0.38 | ||
| -0.08 | -0.61 | -0.53 | ||
| -0.04 | 1.00 | 0.08 | ||
| Net Cash Flow | 0.32 | -0.18 | -0.07 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 165.83 | 232.70 | ||
| Inventory Days | 50.34 | |||
| Days Payable | 222.36 | |||
| Cash Conversion Cycle | 165.83 | 60.69 | ||
| Working Capital Days | 192.15 | 245.59 | ||
| ROCE % | 15.97% |
Documents
Announcements
-
Board Meeting Outcome for Consolidated And Standalone Unaudited Financial Results For The Half Year Ended September 30Th, 2024.
14 Nov - Unaudited financial results for half year ended September 30, 2024.
- Results-Unaudited Standalone And Consolidate Financial Results For The Half Year Ended 30Th September 2024 14 Nov
-
Board Meeting Intimation for Approval Of Unaudited Standalone And Consolidated Financial Result For The Half Year Ended 30Th September 2024 To Be Held On 14Th November 2024.
6 Nov - Board meeting to approve financial results on Nov 14, 2024.
-
General Updates
22 Oct - Strike-off of wholly owned subsidiary in Dubai.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Certificate under SEBI regulations for Q3 2024.
Business Overview:[1][2]
Company is registered on BSE SME Startup Portal as a HVAC Air Duct Cleaning company. It specializes in Ozone treatment and Sterilization of HVAC Air Ducts and has developed its own patented, air duct inspection and air duct cleaning robots. It services Offices, Hotels, Convention Centers, Hospitals, Train and Bus Coaches, Aircraft and specialize in Buildings that house Sensitive Equipment, like Data Centers and Operation Theaters. Company uses its patented Air Duct Inspection Robots to survey HVAC Air Ducts, and then use a variety of patented HVAC Duct Cleaning Robots to Scrub, Scrape, Vacuum, Clean and Sterilize your HVAC Air Ducts. Company has offices in India, Hong Kong, and Dubai