Nayara Energy Ltd
Nayara Energy is primarily engaged in the business of refining of crude oil, marketing of petroleum products in domestic and overseas markets.
- Market Cap ₹ Cr.
- Current Price ₹ 263
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 125
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 15.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.56% over past five years.
- Tax rate seems low
- Company has a low return on equity of 9.55% over last 3 years.
- Company's cost of borrowing seems high
* 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: Refineries Industry: Refineries
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 637 | 474 | 562 | 37,516 | 36,505 | 98,602 | 83,206 | 52,597 | 60,869 | 70,831 | 85,623 | 85,580 | |
| 753 | 524 | 612 | 36,389 | 35,410 | 94,779 | 78,471 | 46,906 | 55,768 | 64,534 | 81,646 | 80,584 | |
| Operating Profit | -116 | -50 | -50 | 1,128 | 1,094 | 3,823 | 4,735 | 5,690 | 5,101 | 6,298 | 3,977 | 4,996 |
| OPM % | -18% | -10% | -9% | 3% | 3% | 4% | 6% | 11% | 8% | 9% | 5% | 6% |
| 50 | 10 | 15 | 190 | 877 | 957 | 111 | 1,352 | -1,467 | -250 | 1,476 | 955 | |
| Interest | 21 | 11 | 6 | 1,120 | 1,195 | 3,296 | 2,567 | 2,685 | 3,772 | 3,368 | 2,563 | 2,750 |
| Depreciation | 5 | 5 | 3 | 672 | 736 | 1,355 | 757 | 1,573 | 1,681 | 1,701 | 1,837 | 2,224 |
| Profit before tax | -92 | -55 | -44 | -475 | 40 | 129 | 1,521 | 2,784 | -1,819 | 978 | 1,054 | 978 |
| Tax % | 2% | 24% | -7% | -4% | 13% | 3% | 0% | 54% | 51% | 41% | 35% | -156% |
| -94 | -67 | -41 | -455 | 45 | 127 | 1,527 | 1,281 | -2,755 | 577 | 688 | 2,500 | |
| EPS in Rs | -0.82 | -0.56 | -0.33 | -3.82 | 0.25 | 0.84 | 10.10 | 8.47 | -18.21 | 3.81 | 4.49 | 16.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 1% |
| 3 Years: | 12% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 57% |
| 5 Years: | 3% |
| 3 Years: | 63% |
| TTM: | 259% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 10% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,100 | 1,156 | 1,190 | 1,218 | 1,218 | 1,466 | 1,466 | 1,467 | 1,507 | 1,507 | 1,507 | 1,507 |
| Reserves | 1,421 | 1,650 | 2,309 | 2,323 | 2,336 | 1,002 | 3,946 | 17,097 | 16,165 | 16,694 | 17,446 | 17,421 |
| 6,360 | 8,895 | 10,162 | 10,314 | 10,354 | 23,845 | 27,127 | 30,745 | 26,724 | 20,169 | 18,410 | 11,548 | |
| 971 | 4,216 | 8,174 | 7,882 | 11,336 | 25,787 | 28,104 | 37,760 | 42,457 | 36,019 | 37,255 | 45,437 | |
| Total Liabilities | 9,852 | 15,916 | 21,835 | 21,736 | 25,244 | 52,101 | 60,643 | 87,069 | 86,854 | 74,389 | 74,618 | 75,913 |
| 184 | 196 | 430 | 12,989 | 12,309 | 20,633 | 21,302 | 40,474 | 39,071 | 56,437 | 56,645 | 59,002 | |
| CWIP | 8,671 | 11,038 | 13,851 | 3,061 | 4,319 | 3,738 | 3,799 | 3,832 | 630 | 678 | 482 | 525 |
| Investments | 23 | 6 | 0 | 19 | 236 | 636 | 2,379 | 1,275 | 192 | 1,302 | 100 | 0 |
| 973 | 4,675 | 7,554 | 5,667 | 8,379 | 27,093 | 33,163 | 41,488 | 46,961 | 15,972 | 17,391 | 16,386 | |
| Total Assets | 9,852 | 15,916 | 21,835 | 21,736 | 25,244 | 52,101 | 60,643 | 87,069 | 86,854 | 74,389 | 74,618 | 75,913 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -118 | -94 | -99 | 1,837 | 689 | 10,174 | 2,992 | 7,141 | 9,057 | 10,021 | 2,242 | 12,612 | |
| -2,383 | -2,530 | -1,591 | -2,468 | -2,128 | -1,870 | -4,827 | -6,468 | -1,517 | 971 | 326 | -674 | |
| 1,836 | 2,703 | 1,918 | 473 | 1,457 | -7,378 | 896 | -1,013 | -5,923 | -10,136 | -4,494 | -9,469 | |
| Net Cash Flow | -666 | 79 | 228 | -158 | 18 | 927 | -939 | -340 | 1,617 | 856 | -1,926 | 2,469 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 47 | 136 | 521 | 11 | 20 | 26 | 54 | 108 | 105 | 15 | 16 | 5 |
| Inventory Days | 20 | 2,677 | 3,003 | 24 | 42 | 38 | 25 | 34 | 52 | 45 | 45 | 29 |
| Days Payable | 375 | 2,904 | 4,363 | 76 | 105 | 80 | 103 | 218 | 196 | 105 | 44 | 47 |
| Cash Conversion Cycle | -308 | -91 | -838 | -40 | -42 | -16 | -24 | -75 | -39 | -45 | 17 | -13 |
| Working Capital Days | -282 | 26 | -990 | -31 | -32 | -17 | -1 | 45 | 2 | -52 | -17 | -44 |
| ROCE % | -0% | -0% | 5% | 9% | 17% | 16% | 15% | 15% | 10% | 12% |