Nanavati Ventures Ltd
₹ 44.4
2.00%
12 Nov
- close price
About
Incorporated in 2010, Nanavati Ventures Ltd trades Precious Metals, Stones and Jewelry[1]
Key Points
- Market Cap ₹ 20.8 Cr.
- Current Price ₹ 44.4
- High / Low ₹ 94.4 / 35.9
- Stock P/E 33.0
- Book Value ₹ 47.7
- Dividend Yield 0.00 %
- ROCE 1.82 %
- ROE 1.30 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.93 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.42% over last 3 years.
- Working capital days have increased from 205 days to 310 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.
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 0.73 | 1.08 | 0.55 | 5.95 | 11.24 | 18.74 | 15.99 | 25.83 | 17.81 | |
| 0.73 | 1.08 | 0.55 | 5.87 | 11.15 | 18.77 | 15.76 | 25.85 | 17.40 | |
| Operating Profit | 0.00 | 0.00 | 0.00 | 0.08 | 0.09 | -0.03 | 0.23 | -0.02 | 0.41 |
| OPM % | 0.00% | 0.00% | 0.00% | 1.34% | 0.80% | -0.16% | 1.44% | -0.08% | 2.30% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.07 | -0.10 | 0.31 | 0.31 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 |
| Profit before tax | 0.00 | 0.00 | 0.00 | 0.08 | 0.16 | 0.02 | 0.12 | 0.27 | 0.70 |
| Tax % | 37.50% | 25.00% | 50.00% | 25.00% | 25.93% | ||||
| 0.00 | 0.00 | 0.00 | 0.05 | 0.12 | 0.01 | 0.09 | 0.20 | 0.62 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 50.00 | 0.99 | 0.08 | 0.55 | 0.43 | 1.32 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 116% |
| 3 Years: | 32% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | 262% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 1.21 | 1.21 | 1.65 | 4.67 | 4.67 |
| Reserves | -0.01 | -0.01 | -0.01 | 0.04 | 4.96 | 4.97 | 6.81 | 17.58 | 17.61 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.88 | 0.12 | 1.87 | 2.82 | 0.46 | 11.53 | 0.13 | 0.13 | 0.19 | |
| Total Liabilities | 0.88 | 0.12 | 1.87 | 2.87 | 6.63 | 17.71 | 8.59 | 22.38 | 22.47 |
| 0.00 | 0.00 | 0.00 | 0.02 | 0.04 | 0.04 | 0.03 | 0.24 | 0.24 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.88 | 0.12 | 1.87 | 2.85 | 6.59 | 17.67 | 8.56 | 22.14 | 22.23 | |
| Total Assets | 0.88 | 0.12 | 1.87 | 2.87 | 6.63 | 17.71 | 8.59 | 22.38 | 22.47 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.28 | -6.16 | 0.12 | -2.22 | -13.41 | |||
| 0.00 | -0.02 | -0.03 | -0.02 | 0.00 | -0.23 | |||
| 0.00 | 0.00 | 6.00 | 0.00 | 2.19 | 13.60 | |||
| Net Cash Flow | 0.00 | 0.26 | -0.19 | 0.10 | -0.03 | -0.04 |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 158.88 | 93.20 | 267.42 | 7.30 | 0.00 |
| Inventory Days | 435.97 | 30.99 | 1,250.46 | 0.00 | 0.00 | 55.32 | 165.82 | 225.18 |
| Days Payable | 446.11 | 41.32 | 1,263.98 | 226.81 | 1.18 | 0.14 | ||
| Cash Conversion Cycle | -10.14 | -10.33 | -13.52 | 158.88 | 93.20 | 95.92 | 171.94 | 225.03 |
| Working Capital Days | -10.00 | -10.14 | -13.27 | -14.11 | 196.79 | 116.28 | 189.23 | 309.75 |
| ROCE % | 320.00% | 5.14% | 0.32% | 3.83% | 1.82% |
Documents
Announcements
-
Declaration Regarding Non-Applicability Of Submission Of Disclosure Of Related Party Transaction For The Half Year Ended 30Th September, 2024
13 Nov - Non-applicability of related party transaction disclosure.
- Standalone Unaudited Financial Results For The Half Year Ended 30Th September, 2024 Along With Limited Review Report Of Statutory Auditor. 13 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting No. 4/2024-25 Held On 13/11/2024.
13 Nov - Approved standalone unaudited financial results for H1 2024.
-
Board Meeting Intimation for Meeting No. 4/2024-25 To Be Held On 13/11/2024.
30 Oct - Notice of Board Meeting to approve financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Certificate under Regulation 74(5) for Q2 2024.
Business Overview:[1]
Company does wholesale trading of Precious Metals, Stones & Jewelry. Its operations includes procurement of rough and unpolished diamonds in various colours, cuts, sizes and shapes and does processing and polishing is done by skilled workers on job-work basis. It then sells diamonds to a customer base spread across domestic markets that includes various jewelry manufacturers, large department store chains, retail stores and wholesalers