Niraj Ispat Industries Ltd

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

Niraj Ispat Industries Ltd

₹ 245 5.00%
20 Dec - close price
Company website NSE: NIRAJISPAT
About

Incorporated in 1985, Niraj Ispat Industries Ltd
is in the business of manufacturing of Polyester Buttons[1]

Key Points

Business Overview:[1]
NIIL manufactures polyester buttons in two or four thread holes. These buttons are used in dresses, sweaters, pouches and shirts, and can be availed in a variety of colours, sizes, and
designs. These buttons are used in residential and commercial sectors

Website NSE
  • Market Cap ₹ 14.7 Cr.
  • Current Price ₹ 245
  • High / Low ₹ 248 / 182
  • Stock P/E 14.6
  • Book Value ₹ 227
  • Dividend Yield 0.00 %
  • ROCE 8.01 %
  • ROE 6.45 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 1.08 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -11.4% over past five years.
  • Company has a low return on equity of 9.50% over last 3 years.
  • Earnings include an other income of Rs.0.93 Cr.
  • Working capital days have increased from 992 days to 1,447 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: Plastic products Industry: Plastics Products

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Quarterly Results

Figures in Rs. Crores

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
1.36 1.42 1.23 1.57 1.81 1.22 0.97 0.97 0.96 0.66 0.67 0.90 1.03
1.07 1.23 1.09 1.03 1.33 0.74 0.76 0.86 0.79 0.53 0.64 0.72 0.79
Operating Profit 0.29 0.19 0.14 0.54 0.48 0.48 0.21 0.11 0.17 0.13 0.03 0.18 0.24
OPM % 21.32% 13.38% 11.38% 34.39% 26.52% 39.34% 21.65% 11.34% 17.71% 19.70% 4.48% 20.00% 23.30%
0.14 0.14 0.04 0.14 0.15 0.16 0.25 0.20 0.20 0.20 0.22 0.23 0.28
Interest 0.01 0.01 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Profit before tax 0.38 0.28 0.12 0.64 0.59 0.60 0.41 0.27 0.33 0.29 0.21 0.37 0.48
Tax % 26.32% 25.00% 25.00% 25.00% 25.42% 25.00% 24.39% 25.93% 30.30% 27.59% 28.57% 27.03% 25.00%
0.29 0.20 0.09 0.48 0.44 0.45 0.31 0.20 0.23 0.22 0.16 0.28 0.35
EPS in Rs 4.83 3.33 1.50 8.00 7.33 7.50 5.17 3.33 3.83 3.67 2.67 4.67 5.83
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
3.34 4.12 6.74 6.83 7.05 6.52 5.96 5.00 3.56 4.87 5.57 3.26 3.26
2.70 3.36 5.45 5.43 5.51 5.32 5.04 4.38 3.26 4.09 3.86 2.79 2.68
Operating Profit 0.64 0.76 1.29 1.40 1.54 1.20 0.92 0.62 0.30 0.78 1.71 0.47 0.58
OPM % 19.16% 18.45% 19.14% 20.50% 21.84% 18.40% 15.44% 12.40% 8.43% 16.02% 30.70% 14.42% 17.79%
0.56 0.36 0.40 0.52 0.73 0.62 0.48 0.60 0.49 0.46 0.70 0.81 0.93
Interest 0.37 0.41 0.34 0.31 0.36 0.24 0.25 0.14 0.05 0.06 0.01 0.01 0.00
Depreciation 0.40 0.38 0.31 0.24 0.30 0.31 0.30 0.30 0.29 0.17 0.17 0.17 0.16
Profit before tax 0.43 0.33 1.04 1.37 1.61 1.27 0.85 0.78 0.45 1.01 2.23 1.10 1.35
Tax % 25.58% 30.30% 29.81% 29.93% 31.06% 24.41% 22.35% 30.77% 24.44% 25.74% 25.11% 27.27%
0.32 0.23 0.72 0.96 1.11 0.96 0.66 0.52 0.35 0.75 1.67 0.81 1.01
EPS in Rs 18.50 16.00 11.00 8.67 5.83 12.50 27.83 13.50 16.84
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: %
5 Years: -11%
3 Years: -3%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: 4%
3 Years: 32%
TTM: -15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 10%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60
Reserves 3.33 3.56 4.58 5.54 6.65 7.61 8.27 8.79 9.14 9.89 11.56 12.37 13.00
3.68 3.17 6.08 7.09 6.07 6.50 6.31 3.47 3.07 1.37 1.38 1.45 2.11
1.31 1.40 1.71 2.43 2.56 1.77 1.12 1.24 1.36 2.20 1.35 1.01 0.96
Total Liabilities 8.92 8.73 12.97 15.66 15.88 16.48 16.30 14.10 14.17 14.06 14.89 15.43 16.67
2.51 2.13 1.86 2.65 2.85 2.54 2.36 2.05 1.80 1.65 1.48 1.30 1.26
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 0.00
Investments 0.02 0.02 0.02 0.02 0.23 0.23 0.23 0.23 0.23 0.23 0.24 0.25 0.25
6.39 6.58 11.09 12.99 12.80 13.71 13.71 11.82 12.14 12.18 13.17 13.88 15.16
Total Assets 8.92 8.73 12.97 15.66 15.88 16.48 16.30 14.10 14.17 14.06 14.89 15.43 16.67

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.22 1.01 -0.53 0.10 2.33 0.06 1.23 -0.73 -0.88
-0.50 0.00 0.44 0.36 0.60 0.45 0.44 0.69 0.82
0.70 -1.38 0.18 -0.44 -2.97 -0.45 -1.76 0.00 0.05
Net Cash Flow -0.02 -0.37 0.09 0.02 -0.05 0.05 -0.09 -0.05 0.00

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 92.89 94.79 38.45 58.78 29.51 45.90 60.02 44.53 69.72 62.21 48.49 43.67
Inventory Days 342.82 247.53 17.99 51.69 34.90 23.55 11.03 34.09 43.37 31.25 30.42 59.77
Days Payable 195.61 152.43 99.39 190.94 149.96 98.12 56.24 98.00 159.01 201.25 128.28 157.95
Cash Conversion Cycle 240.10 189.89 -42.95 -80.46 -85.55 -28.66 14.81 -19.38 -45.92 -107.79 -49.37 -54.52
Working Capital Days 556.24 453.59 476.56 531.73 518.25 668.98 769.81 774.53 1,100.13 750.24 778.49 1,446.56
ROCE % 9.91% 13.23% 14.84% 10.77% 7.36% 6.56% 3.90% 8.67% 17.64% 8.01%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.59% 74.59% 74.59% 74.59% 74.58% 74.58% 74.58% 74.58% 74.58% 74.58% 74.58% 74.43%
25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.57%
No. of Shareholders 516516514514514514514514514515515519

Documents

Announcements

Annual reports