Nexxus Petro Industries Ltd - Stock Valuation and Financial Performance

BSE: 544265 | NSE: | Petrochemicals |

Nexxus Petro Inds Share Price

136.50 -5.20 -3.67%
as on 21-Nov'24 16:59

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Nexxus Petro Industries stock performance -

mw4me loader
P/E Ratio (SA):
28.26
Market Cap:
98.5 Cr.
52-wk low:
121.2
52-wk high:
171

Is Nexxus Petro Industries Ltd an attractive stock to invest in?

1. Is Nexxus Petro Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nexxus Petro Industries Ltd is a below average quality company.

2. Is Nexxus Petro Industries Ltd undervalued or overvalued?

The key valuation ratios of Nexxus Petro Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Nexxus Petro Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nexxus Petro Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Nexxus Petro Inds:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nexxus Petro Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'22Mar'23Mar'24TTM
ROCE % 19.1%45%31.4%-
Value Creation
Index
0.42.21.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 48.5143238238
Sales YoY Gr.-194.6%66.5%-
Adj EPS 2.17.86.95
YoY Gr.-272.7%-11.6%-
BVPS (₹) 2.510.216.940.4
Adj Net
Profit
0.523.53
Cash Flow from Ops. -2.5-3.8-8.9-
Debt/CF from Ops. -1.5-2.2-2.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA66.5%
Adj EPS NANANA-11.6%
BVPSNANANA66.1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22Mar'23Mar'24TTM
Return on
Equity %
84.9123.262.317.5
Op. Profit
Mgn %
1.82.62.7NAN
Net Profit
Mgn %
1.11.41.51.5
Debt to
Equity
5.83.22.5-
Working Cap
Days
030370
Cash Conv.
Cycle
014200

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 2.50

Return on Equity has declined versus last 3 years average to 17.50%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Nexxus Petro Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 5 -
TTM Sales (₹ Cr.) 238 -
BVPS (₹.) 40.4 -
Reserves (₹ Cr.) 21 -
P/BV 3.51 -
PE 28.26 -
From the Market
52 Week Low / High (₹) 121.20 / 171.00
All Time Low / High (₹) 121.20 / 171.00
Market Cap (₹ Cr.) 98.5
Equity (₹ Cr.) 7
Face Value (₹) 10
Industry PE 53.8

Management X-Ray of Nexxus Petro Inds:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Nexxus Petro Inds

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Sales48.47142.81237.78
Operating Expenses 47.62139.17231.47
Manufacturing Costs1.892.975.78
Material Costs45.27134.76223.59
Employee Cost 0.020.290.47
Other Costs 0.441.141.63
Operating Profit 0.863.646.31
Operating Profit Margin (%) 1.8%2.5%2.7%
Other Income 00.030.59
Interest 0.080.661.73
Depreciation 0.030.220.44
Exceptional Items 000
Profit Before Tax 0.742.804.74
Tax 0.200.791.26
Profit After Tax 0.542.013.48
PAT Margin (%) 1.1%1.4%1.5%
Adjusted EPS (₹)2.17.76.8
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 0.642.658.63
Share Capital 0.100.105.10
Reserves 0.542.553.53
Minority Interest000
Debt3.708.3517.05
Long Term Debt0.510.525.04
Short Term Debt3.187.8312.02
Trade Payables3.550.434.31
Others Liabilities 1.445.018.87
Total Liabilities 9.3316.4338.87

Fixed Assets

Gross Block0.691.264
Accumulated Depreciation0.030.250.68
Net Fixed Assets0.661.013.32
CWIP 000
Investments 000
Inventories1.183.208.77
Trade Receivables5.055.8413.21
Cash Equivalents 0.520.262.80
Others Assets1.916.1210.78
Total Assets 9.3316.4338.87

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Cash Flow From Operating Activity -2.54-3.77-8.92
PBT 0.742.804.74
Adjustment 0.070.801.99
Changes in Working Capital -3.16-6.56-14.36
Tax Paid -0.20-0.81-1.29
Cash Flow From Investing Activity -0.69-0.57-2.74
Capex -0.69-0.57-2.74
Net Investments 000
Others 000
Cash Flow From Financing Activity 3.754.0714.21
Net Proceeds from Shares 0.1002.50
Net Proceeds from Borrowing 0.510.014.52
Interest Paid -0.04-0.58-1.55
Dividend Paid 000
Others 3.184.658.74
Net Cash Flow 0.52-0.272.54
PARTICULARSMar'22Mar'23Mar'24
Ratios
ROE (%)84.39122.1161.77
ROCE (%)19.0745.0131.36
Asset Turnover Ratio5.211.098.6
PAT to CFO Conversion(x)-4.7-1.88-2.56
Working Capital Days
Receivable Days381415
Inventory Days969
Payable Days2954

Nexxus Petro Industries Ltd Stock News

Nexxus Petro Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Nexxus Petro Inds on 21-Nov-2024 16:59 is ₹136.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Nexxus Petro Inds stood at ₹98.49.
The latest P/E ratio of Nexxus Petro Inds as of 21-Nov-2024 16:59 is 28.26.
The latest P/B ratio of Nexxus Petro Inds as of 21-Nov-2024 16:59 is 3.51.
The 52-week high of Nexxus Petro Inds is ₹171.0 and the 52-week low is ₹121.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nexxus Petro Inds is ₹237.8 ( Cr.) .

About Nexxus Petro Industries Ltd

Nexxus Petro Industries Limited was originally incorporated as a private limited company under the name and style of ‘Nexxus Petro Industries Private Limited’ on October 5, 2021. Thereafter, the company was converted in to a public limited company ‘M/s. Nexxus Petro Industries Limited’ on July 18, 2023 pursuant to the provisions of the Companies Act and fresh a certificate of Incorporation dated July 18, 2023 was issued by Registrar of Companies. 

Nexxus Petro Industries is engaged in trading, manufacturing and selling of Petrochem products namely Bitumen products. Its product is widely used in infrastructure sector being road construction industry. Its range of products includes various grades of Bitumen which are classified on the base of viscosity and related properties of each grades. It procures bitumen via imports from Dubai as well as purchase from other domestic importers/sellers in India. The company holds BIS and ISO certification for its products and process. The company’s products are supplied to its customers as per the quantity ordered. Over the years, it has developed expertise and upgraded its processing unit by adding required machineries and equipment, which has helped it to boost its production capacity, grades and the quality of its products. It endeavors to maintain safety in its premises by adhering to key safety norms, established through its internal safety protocols. It has well equipped testing laboratory. 

The Company is led by its Managing Director, Haresh Mohanlal Senghani and its Whole Time Directors, Rahul Mohanlal Senghani. They are involved in the critical aspects of its business, including expansion, processes, plant management, finance, sales and marketing functions. It constantly engages with its customers through marketing via personal interactions with them. Its sales team works closely with its customers to obtain their insights and feedbacks about the upcoming trends in the industry which enables it to develop and improve its products to fulfil the requirements of the market.

Business area of the company

The company is engaged in the business of manufacture and trading of bitumen and other similar items.

History and milestones 

  • October, 2021: Incorporation of the Company as ‘Nexxus Petro Industries Private Limited’.
  • May, 2023: ISO 14001:2015 Certification for Environmental Management System.
  • January, 2023: Participation in REX Fuels, Solvex Global Conference 2023.
  • July, 2023: Conversion of Company from Private Limited into Public Limited Company in the name and style of ‘Nexxus Petro Industries Limited’.
  • December, 2023: Secured factory license for processing unit at Bhopal.
  • July, 2024: Secured factory license for processing unit at Pali.
  • July, 2024: Empanelment as supplier of Bitumen with PWD department, Government of Rajasthan.

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