BSE: 519494 | NSE: NKIND | Edible Oil | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that NK Industries Ltd is a below average quality company.
The key valuation ratios of NK Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of NK Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | - |
| Value Creation Index ⓘ | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 67.1 | 84 | 90.6 | 113 | 496 | 97.4 | 2.3 | 2.4 | 2.4 | 2 | 2 |
| Sales YoY Gr. | - | 25.2% | 7.8% | 24.6% | 339.8% | -80.4% | -97.6% | 1.3% | 0% | -15.3% | - |
| Adj EPS ⓘ | -41 | -4.1 | -7.7 | -4.9 | -32 | -10.3 | -3.9 | -3.1 | -2.7 | -1.9 | -1 |
| YoY Gr. | - | NA | NA | NA | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | -783 | -787.1 | -774.6 | -779.8 | -811.9 | -822.5 | -826.7 | -829.7 | -832.2 | -834.5 | -835.1 |
| Adj Net Profit ⓘ | -24.7 | -2.5 | -4.6 | -2.9 | -19.2 | -6.2 | -2.3 | -1.9 | -1.6 | -1.2 | -1 |
| Cash Flow from Ops. ⓘ | 3.2 | -16.7 | 1.6 | 7.3 | 8.9 | -9.1 | 0.4 | 1.4 | 0.8 | 0.1 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -32.4% | -66.8% | -5% | -15.3% | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | NA | NA | NA | NA | ||||
| Share Price | 9% | 29.2% | 36.7% | 25% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 8.2 | 0.8 | 1.5 | 1 | 6 | 1.9 | 0.7 | 0.6 | 0.5 | 0.3 | 0.1 |
| Op. Profit Mgn % ⓘ | -1.7 | 11.2 | 4.4 | 5.8 | -5.1 | -0.3 | 63.9 | 61.5 | 59.5 | 57.5 | 58.6 |
| Net Profit Mgn % ⓘ | -36.7 | -2.9 | -5.1 | -2.6 | -3.9 | -6.4 | -100 | -79.5 | -69.2 | -58.6 | -24.8 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| Working Cap Days ⓘ | 1,091 | 779 | 664 | 536 | 127 | 595 | 21,249 | 21,312 | 21,337 | 21,572 | 2,040 |
| Cash Conv. Cycle ⓘ | 79 | 92 | 160 | 130 | 19 | 45 | 3,360 | 3,375 | 3,353 | 3,496 | 1,799 |
No data to display
Return on Equity has declined versus last 3 years average to 0.10%
Sales growth has been subdued in last 3 years -4.99%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at -0.41%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -1 | 0.1 |
| TTM Sales (₹ Cr.) | 2.4 | 22.4 |
| BVPS (₹.) ⓘ | -835.1 | -837.5 |
| Reserves (₹ Cr.) ⓘ | -508 | -509 |
| P/BV ⓘ | -0.10 | -0.10 |
| PE ⓘ | 0.00 | 795.88 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 43.71 / 92.21 |
| All Time Low / High (₹) | 0.50 / 190.00 |
| Market Cap (₹ Cr.) | 50.1 |
| Equity (₹ Cr.) | 6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 48.7 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 67.10 | 84.03 | 90.59 | 112.84 | 496.31 | 97.36 | 2.32 | 2.35 | 2.35 | 1.99 |
| Operating Expenses ⓘ | 68.25 | 74.67 | 86.59 | 106.31 | 521.91 | 97.68 | 0.85 | 0.90 | 0.95 | 0.85 |
| Manufacturing Costs | 11.81 | 20.92 | 23.95 | 37.42 | 18.27 | 1.62 | 0 | 0 | 0 | 0 |
| Material Costs | 45.07 | 44.80 | 52.09 | 53.05 | 469.43 | 88.91 | 0 | 0 | 0 | 0 |
| Employee Cost | 4.84 | 5.83 | 6.86 | 9.29 | 9.05 | 0.77 | 0.61 | 0.41 | 0.42 | 0.38 |
| Other Costs ⓘ | 6.54 | 3.11 | 3.69 | 6.55 | 25.16 | 6.38 | 0.24 | 0.49 | 0.53 | 0.47 |
| Operating Profit ⓘ | -1.15 | 9.37 | 4 | 6.53 | -25.60 | -0.32 | 1.47 | 1.44 | 1.40 | 1.15 |
| Operating Profit Margin (%) | -1.7% | 11.1% | 4.4% | 5.8% | -5.2% | -0.3% | 63.5% | 61.5% | 59.5% | 57.5% |
| Other Income ⓘ | 0.86 | 0.67 | 1.81 | 0.61 | 4.27 | 0.95 | 0.43 | 0.43 | 0.41 | 0.46 |
| Interest ⓘ | 0.13 | 0.02 | 0 | 0.01 | 0.04 | 0.01 | 0.01 | 0 | 0.38 | 0 |
| Depreciation ⓘ | 24.22 | 12.45 | 11.92 | 9.69 | 6.71 | 5.71 | 4.86 | 4.35 | 3.49 | 2.87 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -24.65 | -2.43 | -6.11 | -2.56 | -28.08 | -5.10 | -2.97 | -2.48 | -2.06 | -1.27 |
| Tax ⓘ | 0 | 0 | -1.47 | 0.42 | -8.80 | 1.10 | -0.65 | -0.62 | -0.45 | -0.10 |
| Profit After Tax | -24.65 | -2.43 | -4.64 | -2.98 | -19.29 | -6.20 | -2.32 | -1.86 | -1.61 | -1.17 |
| PAT Margin (%) | -36.7% | -2.9% | -5.1% | -2.6% | -3.9% | -6.4% | -100.0% | -79.4% | -68.6% | -58.6% |
| Adjusted EPS (₹) | -41.0 | -4.0 | -7.7 | -5.0 | -32.1 | -10.3 | -3.9 | -3.1 | -2.7 | -1.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | -311.73 | -314.16 | -306.66 | -309.77 | -329.07 | -335.44 | -337.98 | -339.79 | -341.30 | -342.64 |
| Share Capital ⓘ | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 |
| Reserves ⓘ | -317.74 | -320.17 | -312.67 | -315.78 | -335.08 | -341.45 | -343.99 | -345.80 | -347.30 | -348.65 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 39.98 | 3.01 | 1.59 | 5.06 | 46.85 | 1.07 | 0.88 | 0.77 | 1.07 | 1.47 |
| Others Liabilities ⓘ | 630.64 | 629.74 | 616.93 | 617.37 | 609.08 | 611.52 | 611.49 | 610.27 | 609.46 | 608.89 |
| Total Liabilities ⓘ | 358.89 | 318.58 | 311.87 | 312.66 | 326.86 | 277.16 | 274.39 | 271.25 | 269.23 | 267.71 |
Fixed Assets | ||||||||||
| Gross Block | 275.68 | 277.70 | 279.52 | 286.72 | 289.63 | 291.05 | 291.05 | 291.41 | 291.41 | 291.41 |
| Accumulated Depreciation | 114.02 | 126.40 | 138.32 | 147.99 | 154.70 | 160.42 | 165.27 | 169.62 | 173.11 | 175.98 |
| Net Fixed Assetsⓘ | 161.66 | 151.31 | 141.20 | 138.73 | 134.93 | 130.63 | 125.78 | 121.79 | 118.30 | 115.43 |
| CWIP ⓘ | 1.29 | 0.29 | 2.25 | 5.42 | 5.34 | 4.26 | 5.12 | 6.28 | 6.72 | 6.79 |
| Investmentsⓘ | 0.12 | 1.87 | 1.87 | 1.88 | 1.77 | 1.77 | 1.76 | 1.76 | 1.76 | 1.76 |
| Inventories | 2.51 | 6.34 | 7.61 | 4.73 | 23.58 | 2.37 | 1.41 | 1.39 | 0.98 | 0.85 |
| Trade Receivables | 41.12 | 34.03 | 35.74 | 39.46 | 32.36 | 19.50 | 21.76 | 20.66 | 22.31 | 23.70 |
| Cash Equivalents | 1.40 | 1 | 0.87 | 0.80 | 6.58 | 1.32 | 1.47 | 1.43 | 1.20 | 1.30 |
| Others Assetsⓘ | 150.80 | 123.74 | 122.33 | 121.62 | 122.30 | 117.29 | 117.10 | 117.95 | 117.97 | 117.88 |
| Total Assets ⓘ | 358.89 | 318.58 | 311.87 | 312.66 | 326.86 | 277.16 | 274.39 | 271.25 | 269.23 | 267.71 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 3.21 | -16.70 | 1.55 | 7.31 | 8.86 | -9.12 | 0.38 | 1.39 | 0.77 | 0.09 |
| PBT ⓘ | -24.65 | -2.43 | -6.11 | -2.75 | -28.10 | -5.34 | -3.27 | -2.42 | -2.06 | -1.27 |
| Adjustment ⓘ | 24.32 | 12.20 | 11.59 | 9.43 | 6.50 | 5.41 | 4.49 | 3.98 | 3.74 | 2.28 |
| Changes in Working Capital ⓘ | 3.53 | -26.48 | -3.93 | 0.63 | 30.47 | -9.18 | -0.83 | -0.17 | -0.91 | -0.92 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | -2.65 | 16.32 | -1.69 | -7.37 | -3.04 | 3.86 | -0.22 | -1.43 | -0.62 | 0.02 |
| Capex | -2.68 | -1.13 | -3.78 | -10.45 | -2.83 | -0.34 | -0.85 | -1.53 | -0.44 | -0.07 |
| Net Investments | 0 | -1.74 | 0 | -0.01 | 0.12 | 0 | 0.01 | 0 | 0 | 0 |
| Others ⓘ | 0.03 | 19.19 | 2.09 | 3.09 | -0.33 | 4.21 | 0.62 | 0.10 | -0.18 | 0.08 |
| Cash Flow From Financing Activityⓘ | -0.13 | -0.02 | 0 | -0.01 | -0.04 | -0.01 | -0.01 | 0 | -0.38 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -0.13 | -0.02 | 0 | -0.01 | -0.04 | -0.01 | -0.01 | 0 | -0.38 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0.42 | -0.40 | -0.13 | -0.06 | 5.78 | -5.26 | 0.15 | -0.04 | -0.23 | 0.10 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| ROCE (%) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Asset Turnover Ratio | 0.18 | 0.25 | 0.29 | 0.36 | 1.55 | 0.32 | 0.01 | 0.01 | 0.01 | 0.01 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 245 | 163 | 141 | 122 | 26 | 97 | 3,138 | 3,226 | 3,260 | 3,499 |
| Inventory Days | 17 | 19 | 28 | 20 | 10 | 49 | 287 | 213 | 179 | 139 |
| Payable Days | 347 | 175 | 16 | 23 | 20 | 98 | 0 | 0 | 0 | 0 |
NK Industries, formerly known as NK Oil Mills, was established in 1987, is engaged in the manufacture, marketing and export of castor oil and edible oil. The raw material that the company uses for the extraction of castor oil is castor seeds. Castor oil is used in automobiles, paints, cosmetic and pharmaceutical industries. It is also used as a source of natural chemicals in many countries.
The company is a government-recognized Export House of castor oil. The company exports to Europe, Brazil, US, etc. The factory is equipped with oil decanters, vertical continuous solvent extraction plant, continuous oil refining, energy-efficient hydrogenous plant, and quality fatty acid production plant. Apart from refining facilities, the factory is also equipped with manufacturing facilities for castor oil derivatives.
Currently, the factory is running on job work basis. The product range of the company includes castor oil, castor cake, deoiled cake, ground nut filter oil, ground nut cake and ground nut deoiled cake. It manufactures these products on job work basis.
The registered office of the company is located in Ahmedabad, Gujarat. Its factory is located at Kadi Village in north Gujarat.
Business area of the company
The company is engaged in the manufacturing, marketing and export of castor oil and edible oil. The company first extracts the castor oil and then refines it at its plant.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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