Nalwa Sons Investments Ltd

Nalwa Sons Investments Ltd

₹ 4,361 5.21%
28 Jun - close price
About

Nalwa Sons Investments Ltd is a non-NBFC Company engaged in the business of investing in shares and granting loans to the group companies. [1]

Key Points

Company History
The Co. was known as Jindal Strips, it was initially formed and promoted by Shri. O.P. Jindal and associates for manufacturing HR Steel Strips at Hisar, Haryana. As a part of restructuring the company, Jindal Strips has demerged its Stainless Steel division to Jindal Stainless Steel Ltd & Jindal Strips was registered as an NBFC Company. In FY20 the Co.changed the nature of its business from NBFC to Non-NBFCs.[1]

  • Market Cap 2,242 Cr.
  • Current Price 4,361
  • High / Low 4,545 / 2,325
  • Stock P/E 39.8
  • Book Value 24,542
  • Dividend Yield 0.00 %
  • ROCE 0.73 %
  • ROE 0.55 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.18 times its book value
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 0.86% 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: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
6.89 15.77 59.02 6.31 11.98 7.61 96.96 18.11 9.58 25.17 26.65 25.66 10.92
0.67 0.94 11.37 0.71 4.46 -5.00 0.53 11.58 1.21 1.32 1.09 5.29 6.20
Operating Profit 6.22 14.83 47.65 5.60 7.52 12.61 96.43 6.53 8.37 23.85 25.56 20.37 4.72
OPM % 90.28% 94.04% 80.74% 88.75% 62.77% 165.70% 99.45% 36.06% 87.37% 94.76% 95.91% 79.38% 43.22%
0.05 0.00 1.14 3.13 0.02 0.00 0.49 0.81 0.01 0.30 0.53 0.31 0.06
Interest 0.00 0.00 0.00 0.00 0.00 0.22 0.19 0.06 0.41 0.15 0.00 0.00 0.00
Depreciation 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
Profit before tax 6.27 14.83 48.79 8.73 7.54 12.39 96.73 7.28 7.97 24.00 26.09 20.68 4.78
Tax % -23.76% 23.87% 19.53% 4.47% 7.29% 25.42% 25.32% 23.76% 30.11% 30.83% 20.81% 16.39% 63.18%
7.75 11.29 39.25 8.34 6.99 9.24 72.23 5.55 5.57 16.59 20.66 17.28 1.75
EPS in Rs 15.05 21.71 76.09 16.24 14.58 13.78 140.53 11.41 11.29 33.88 38.88 33.55 3.25
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
31 37 31 30 34 36 43 59 67 97 134 88
3 1 17 6 12 26 19 50 21 17 8 14
Operating Profit 29 36 13 24 22 10 24 9 46 80 125 75
OPM % 92% 98% 43% 80% 65% 29% 56% 16% 68% 82% 94% 84%
0 0 0 1 0 0 60 0 2 0 0 1
Interest 0 0 0 0 0 0 0 0 0 0 1 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 29 36 13 24 22 11 84 9 48 80 124 76
Tax % 19% 20% 9% 23% 18% 19% 7% -110% 9% 18% 26% 25%
23 29 12 19 18 8 79 19 43 66 93 56
EPS in Rs 44.66 55.49 23.54 36.53 36.47 22.21 151.96 38.18 83.74 128.64 177.02 109.56
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 15%
3 Years: 9%
TTM: -34%
Compounded Profit Growth
10 Years: 7%
5 Years: 7%
3 Years: 10%
TTM: -38%
Stock Price CAGR
10 Years: 18%
5 Years: 33%
3 Years: 37%
1 Year: 84%
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 369 307 318 334 354 365 443 3,182 5,101 7,934 7,988 12,600
27 30 31 33 32 33 1 2 0 0 0 0
21 43 43 44 44 42 32 208 663 1,477 1,448 1,951
Total Liabilities 422 385 397 416 436 445 481 3,397 5,769 9,417 9,442 14,556
0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 217 151 167 197 232 235 254 3,141 5,492 9,079 9,081 14,148
205 234 230 220 203 210 227 256 277 338 361 407
Total Assets 422 385 397 416 436 445 481 3,397 5,769 9,417 9,442 14,556

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-6 12 17 18 24 22 25 20 50 42 72 41
0 -13 -18 -19 -26 -13 -3 -20 -48 -41 -68 -30
2 3 1 2 -1 0 -31 0 -2 0 -1 -0
Net Cash Flow -4 1 1 1 -2 10 -10 -0 0 1 4 11

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 55 31 27 91 30 26 0 0 0 0 0 0
Inventory Days 676 197 147 1,142 1,368 1,252 764 1,099
Days Payable 1,158 330 331 0 0 2 1 0
Cash Conversion Cycle 55 31 27 -391 -103 -158 1,142 1,368 1,249 763 0 1,099
Working Capital Days 2,240 1,828 2,436 1,908 1,244 1,083 1,229 363 232 175 113 186
ROCE % 7% 9% 4% 6% 5% 2% 10% 0% 1% 1% 2%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.61% 55.61% 55.61% 55.61% 55.61% 55.62% 55.61% 55.61% 55.61% 55.61% 55.61% 55.61%
5.27% 5.27% 5.27% 5.20% 5.00% 4.96% 4.95% 5.08% 5.10% 4.92% 4.84% 5.01%
0.62% 0.62% 0.62% 0.61% 0.62% 0.61% 0.61% 0.61% 0.61% 0.61% 0.60% 0.05%
38.50% 38.50% 38.50% 38.57% 38.77% 38.82% 38.83% 38.69% 38.67% 38.86% 38.93% 39.31%
No. of Shareholders 19,09819,13919,18119,70320,28920,23723,92223,56123,07823,79523,56324,116

* 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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