Niraj Cement Structurals Ltd

Niraj Cement Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Niraj Cement Structurals Ltd

₹ 63.3 0.52%
22 Nov - close price
niraj.co.in BSE: 532986 NSE: NIRAJ
About

Incorporated in 1972, Niraj Cement Structurals Ltd provides infrastructural services[1]

Key Points

Business Overview:[1][2]
NCSL is in the business of specialty engineering construction and infrastructure. It provides end-to-end solutions, highways, bridges, water supply and drainage, irrigation, land storm water drainage, expressways, turnkey projects roads, tunnels and other infrastructural work

Website BSE NSE - BE
  • Market Cap ₹ 248 Cr.
  • Current Price ₹ 63.3
  • High / Low ₹ 75.0 / 36.2
  • Stock P/E 14.4
  • Book Value ₹ 39.3
  • Dividend Yield 0.00 %
  • ROCE 12.4 %
  • ROE 9.97 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 76.4% CAGR over last 5 years
  • Debtor days have improved from 61.6 to 43.9 days.
  • Company's working capital requirements have reduced from 80.8 days to 59.0 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 24.3%
  • Company has a low return on equity of 5.53% over last 3 years.

* 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: Infrastructure Developers & Operators Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
63.52 65.52 157.16 80.23 106.61 105.00 313.46 99.07 110.98 126.18 133.99 82.39 138.02
62.54 64.79 156.83 79.17 105.60 104.20 307.43 99.10 108.82 122.74 125.68 82.09 132.53
Operating Profit 0.98 0.73 0.33 1.06 1.01 0.80 6.03 -0.03 2.16 3.44 8.31 0.30 5.49
OPM % 1.54% 1.11% 0.21% 1.32% 0.95% 0.76% 1.92% -0.03% 1.95% 2.73% 6.20% 0.36% 3.98%
-0.01 0.32 1.64 0.19 0.40 0.70 -1.85 1.89 -0.34 -1.66 1.73 1.29 0.39
Interest 0.04 0.05 0.04 0.03 0.02 0.19 0.23 0.20 0.03 0.02 0.02 0.02 0.02
Depreciation 0.36 0.36 0.35 0.36 0.36 0.36 0.31 0.34 0.63 0.43 0.25 0.51 0.57
Profit before tax 0.57 0.64 1.58 0.86 1.03 0.95 3.64 1.32 1.16 1.33 9.77 1.06 5.29
Tax % 22.81% 21.88% 28.48% 25.58% 23.30% 26.32% 46.70% 26.52% 26.72% 26.32% 23.54% 23.58% 23.44%
0.44 0.50 1.13 0.64 0.80 0.71 1.94 0.97 0.85 0.99 7.47 0.81 4.05
EPS in Rs 0.11 0.12 0.28 0.16 0.20 0.18 0.48 0.24 0.21 0.25 1.86 0.20 1.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
111 48 84 106 108 108 109 124 175 356 605 470 481
107 47 68 102 105 109 108 118 174 351 596 454 463
Operating Profit 4 0 16 4 3 -2 2 5 1 5 9 16 18
OPM % 3% 0% 19% 4% 2% -2% 1% 4% 1% 1% 1% 3% 4%
5 3 -1 1 1 8 1 -1 3 -0 -1 -1 2
Interest 13 6 12 3 1 1 0 0 0 0 0 0 0
Depreciation 2 2 2 2 2 1 1 2 1 1 1 2 2
Profit before tax -6 -5 1 1 1 4 1 2 2 3 6 14 17
Tax % 2% 2% 2% 34% 22% 75% -7% 19% 33% 24% 37% 24%
-6 -5 1 1 1 1 1 2 1 2 4 10 13
EPS in Rs -5.25 -5.02 0.83 0.61 0.68 0.71 0.66 0.84 0.33 0.62 1.00 2.56 3.32
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 26%
5 Years: 34%
3 Years: 39%
TTM: -24%
Compounded Profit Growth
10 Years: 18%
5 Years: 76%
3 Years: 105%
TTM: 112%
Stock Price CAGR
10 Years: 26%
5 Years: 32%
3 Years: 22%
1 Year: 43%
Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 6%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 11 11 11 12 15 22 22 43 43 40 40 40
Reserves 131 125 126 127 128 131 135 137 134 136 136 113 117
67 83 95 106 133 57 20 19 30 13 26 0 0
57 54 45 46 82 55 41 52 70 120 112 71 82
Total Liabilities 266 273 277 290 355 258 218 230 277 313 314 224 240
27 25 22 20 17 16 13 11 10 8 7 9 11
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 1 1 1 1 1 0 0 0 14 14 14 15 15
238 247 254 268 337 243 205 219 253 290 293 200 214
Total Assets 266 273 277 290 355 258 218 230 277 313 314 224 240

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
25 -2 16 -8 -59 50 9 -18 -5 39 -30 28
4 1 -2 1 2 1 25 9 -9 -11 15 -6
-28 1 -14 8 63 -55 -36 18 9 -17 5 -26
Net Cash Flow 1 1 -0 0 6 -5 -1 9 -5 10 -11 -4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 357 447 269 218 507 319 289 188 138 79 62 44
Inventory Days 402 509
Days Payable 716 1,204
Cash Conversion Cycle 43 -248 269 218 507 319 289 188 138 79 62 44
Working Capital Days 492 715 397 371 477 406 375 394 296 106 77 59
ROCE % 3% 1% 7% 2% 1% 2% 1% 2% 2% 4% 6% 12%

Shareholding Pattern

Numbers in percentages

12 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.12%
75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.75% 75.71% 75.61%
No. of Shareholders 6,3866,7696,2846,5146,7507,1067,17210,66212,10313,19413,78214,248

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

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