BSE: 531083 | NSE: | IT - Software | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nihar Info Global Ltd is a below average quality company.
The key valuation ratios of Nihar Info Global Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nihar Info Global 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 % ⓘ | 5.8% | 8.5% | 4.3% | 4.5% | 0.6% | 4.4% | 4.3% | 4.3% | 2.1% | -27.4% | - |
| Value Creation Index ⓘ | -0.6 | -0.4 | -0.7 | -0.7 | -1.0 | -0.7 | -0.7 | -0.7 | -0.9 | -3.0 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 1.6 | 0.9 | 1.5 | 4.9 | 5.8 | 7.5 | 4.8 | 9.5 | 5.3 | 3.2 | 2 |
| Sales YoY Gr. | - | -44.2% | 68.1% | 219% | 18.9% | 29.1% | -36.6% | 100.4% | -44.3% | -40% | - |
| Adj EPS ⓘ | 0.6 | 0.8 | 0.4 | 0.4 | 0.1 | 0.4 | 0.5 | 0.4 | 0.1 | -3.6 | -3.6 |
| YoY Gr. | - | 43.6% | -46.8% | -2.4% | -65.9% | 178.6% | 20.5% | -14.9% | -80% | -4650% | - |
| BVPS (₹) ⓘ | 10.4 | 11.2 | 11.5 | 12.5 | 12.2 | 12.6 | 13.1 | 13.5 | 12.8 | 9.2 | 8.9 |
| Adj Net Profit ⓘ | 0.3 | 0.4 | 0.2 | 0.3 | 0.1 | 0.3 | 0.4 | 0.3 | 0.1 | -3.8 | -4 |
| Cash Flow from Ops. ⓘ | -0.3 | 0.4 | 0.1 | -1.4 | -1.8 | 0.1 | 5 | 0.2 | -2.1 | 0.1 | - |
| Debt/CF from Ops. ⓘ | -2 | 1.1 | 1.9 | -0.1 | -0.6 | 20.8 | 0.3 | 9.3 | -0.7 | 26.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 7.7% | -11.3% | -12.5% | -40% | ||||
| Adj EPS ⓘ | -223.4% | -291.9% | -297.9% | -4650% | ||||
| BVPSⓘ | -1.4% | -5.6% | -11.2% | -28.4% | ||||
| Share Price | 25.4% | 3.7% | -33.8% | -4.1% | ||||
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 % ⓘ | 9.3 | 7.3 | 3.7 | 3.7 | 1.3 | 3.1 | 3.6 | 3 | 0.7 | -33.1 | -39.6 |
| Op. Profit Mgn % ⓘ | 18.2 | 55.3 | 18.4 | 4.8 | 2.4 | 5.4 | 6.2 | 5.7 | 5.5 | -111.4 | -162.2 |
| Net Profit Mgn % ⓘ | 16.9 | 43.3 | 13.6 | 5.1 | 2 | 4.3 | 8.1 | 3.4 | 1.7 | -119.1 | -169.9 |
| Debt to Equity ⓘ | 0.1 | 0.1 | 0 | 0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0 |
| Working Cap Days ⓘ | 598 | 1,828 | 1,229 | 466 | 544 | 638 | 853 | 249 | 511 | 701 | 371 |
| Cash Conv. Cycle ⓘ | -1,478 | -931 | 172 | 24 | -22 | -1,873 | -1,691 | -1,298 | -704 | -359 | 161 |
No data to display
Return on Equity is Poor
Sales growth has been subdued in last 3 years -12.52%
Sales growth is not so good in last 4 quarters at -50.46%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -3.6 | -3.6 |
| TTM Sales (₹ Cr.) | 2.2 | 3.2 |
| BVPS (₹.) ⓘ | 8.9 | 9 |
| Reserves (₹ Cr.) ⓘ | -1 | -1 |
| P/BV ⓘ | 0.68 | 0.68 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 4.85 / 10.78 |
| All Time Low / High (₹) | 0.27 / 38.05 |
| Market Cap (₹ Cr.) | 6.3 |
| Equity (₹ Cr.) | 10.4 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 36.1 |
| Pledged * | 31.35 | 41.94 | 51.18 | 26.90 | 26.90 | 26.90 | 26.90 | 26.90 | 26.90 | 26.90 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.62 | 0.91 | 1.53 | 4.88 | 5.80 | 7.49 | 4.75 | 9.52 | 5.30 | 3.18 |
| Operating Expenses ⓘ | 1.33 | 0.41 | 1.26 | 4.65 | 5.80 | 7.09 | 4.46 | 8.98 | 5.01 | 6.72 |
| Manufacturing Costs | 0.01 | 0.03 | 0.02 | 0.03 | 0.06 | 0.02 | 0.03 | 0.01 | 0.04 | 0.01 |
| Material Costs | 0 | 0 | -0.03 | -0.07 | -0.44 | 0.32 | -0.28 | 0.22 | -0.02 | -0.41 |
| Employee Cost | 0.05 | 0.07 | 0.42 | 0.48 | 0.26 | 0.40 | 0.11 | 0.17 | 0.14 | 0.15 |
| Other Costs ⓘ | 1.27 | 0.30 | 0.85 | 4.21 | 5.91 | 6.35 | 4.60 | 8.59 | 4.83 | 6.98 |
| Operating Profit ⓘ | 0.30 | 0.50 | 0.27 | 0.23 | -0.01 | 0.40 | 0.29 | 0.54 | 0.29 | -3.54 |
| Operating Profit Margin (%) | 18.2% | 54.8% | 17.9% | 4.6% | -0.1% | 5.3% | 6.1% | 5.7% | 5.5% | -111.0% |
| Other Income ⓘ | 0.01 | 0.02 | 0.02 | 0.11 | 0.09 | 0.13 | 0.23 | 0 | 0.01 | 0 |
| Interest ⓘ | 0 | 0 | 0 | 0.01 | 0.05 | 0.12 | 0.13 | 0.17 | 0.18 | 0.24 |
| Depreciation ⓘ | 0.03 | 0.01 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.27 | 0.50 | 0.26 | 0.30 | 0.01 | 0.39 | 0.38 | 0.36 | 0.11 | -3.79 |
| Tax ⓘ | 0 | 0.11 | 0.05 | 0.05 | 0 | 0.07 | 0 | 0.04 | 0.03 | 0 |
| Profit After Tax | 0.27 | 0.39 | 0.20 | 0.25 | 0.01 | 0.31 | 0.38 | 0.33 | 0.09 | -3.79 |
| PAT Margin (%) | 16.9% | 43.0% | 13.3% | 5.0% | 0.2% | 4.2% | 8.0% | 3.4% | 1.7% | -119.0% |
| Adjusted EPS (₹) | 0.6 | 0.8 | 0.4 | 0.4 | 0.0 | 0.4 | 0.5 | 0.4 | 0.1 | -3.6 |
| 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 | 5.19 | 5.58 | 5.77 | 7.65 | 9.99 | 10.30 | 10.68 | 11.01 | 13.35 | 9.56 |
| Share Capital ⓘ | 5 | 5 | 5 | 6.15 | 8.16 | 8.16 | 8.16 | 8.16 | 10.41 | 10.41 |
| Reserves ⓘ | 0.19 | 0.58 | 0.77 | 1.51 | 1.83 | 2.14 | 2.53 | 2.85 | 2.94 | -0.85 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 0.51 | 0.50 | 0.09 | 0.15 | 1.12 | 1.34 | 1.55 | 1.37 | 1.47 | 1.54 |
| Long Term Debt | 0.21 | 0.20 | 0 | 0 | 0 | 0 | 0.19 | 0.41 | 0.01 | 0.08 |
| Short Term Debt | 0.30 | 0.30 | 0.09 | 0.15 | 1.12 | 1.34 | 1.36 | 0.96 | 1.46 | 1.46 |
| Trade Payables | 1.16 | 0.11 | 0.10 | 0.39 | 0.55 | 6.33 | 0.95 | 1.69 | 0.26 | 0.52 |
| Others Liabilities ⓘ | 0.23 | 0.43 | 0.81 | 0.93 | 0.83 | 0.83 | 0.35 | 0.42 | 0.37 | 0.30 |
| Total Liabilities ⓘ | 7.08 | 6.62 | 6.76 | 9.11 | 12.49 | 18.80 | 13.53 | 14.49 | 15.45 | 11.92 |
Fixed Assets | ||||||||||
| Gross Block | 0.99 | 1.07 | 1.08 | 1.08 | 1.13 | 1.12 | 1.12 | 1.12 | 1.13 | 1.13 |
| Accumulated Depreciation | 0.94 | 0.95 | 1 | 1.03 | 1.06 | 1.07 | 1.08 | 1.09 | 1.10 | 1.11 |
| Net Fixed Assetsⓘ | 0.06 | 0.12 | 0.08 | 0.05 | 0.07 | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 |
| CWIP ⓘ | 0.38 | 1.31 | 1.44 | 1.65 | 2.38 | 2.46 | 7.46 | 7.46 | 7.46 | 7.46 |
| Investmentsⓘ | 2.56 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 |
| Inventories | 0 | 0 | 0.04 | 0.11 | 0.54 | 0.22 | 0.50 | 0.28 | 0.30 | 0.71 |
| Trade Receivables | 1.53 | 0.73 | 1.30 | 2.20 | 2.97 | 9.23 | 3.73 | 5.14 | 5.22 | 1.51 |
| Cash Equivalents | 0.15 | 0.03 | 0.09 | 0.10 | 0.08 | 0.07 | 0.04 | 0.01 | 0.11 | 0.03 |
| Others Assetsⓘ | 2.41 | 4.43 | 3.81 | 5 | 6.45 | 6.77 | 1.77 | 1.57 | 2.33 | 2.15 |
| Total Assets ⓘ | 7.08 | 6.62 | 6.76 | 9.11 | 12.49 | 18.80 | 13.53 | 14.49 | 15.45 | 11.92 |
| 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 ⓘ | -0.26 | 0.44 | 0.05 | -1.36 | -1.75 | 0.06 | 4.97 | 0.15 | -2.06 | 0.06 |
| PBT ⓘ | 0.27 | 0.50 | 0.26 | 0.30 | 0.01 | 0.39 | 0.38 | 0.36 | 0.11 | -3.79 |
| Adjustment ⓘ | 0.03 | 0.01 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.19 | 3.47 |
| Changes in Working Capital ⓘ | -0.56 | -0.07 | -0.24 | -1.7 | -1.79 | -0.34 | 4.58 | -0.19 | -2.33 | 0.37 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.04 | -0.03 | 0 |
| Cash Flow From Investing Activity ⓘ | -1.14 | -0.54 | -0.14 | -0.21 | -0.78 | -0.07 | -5 | 0 | -0.01 | -0.04 |
| Capex | -0.43 | -1.01 | -0.01 | 0 | -0.04 | 0 | -5 | 0 | -0.01 | 0 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -0.71 | 0.47 | -0.13 | -0.21 | -0.74 | -0.07 | 0 | 0 | 0 | -0.04 |
| Cash Flow From Financing Activityⓘ | 1.53 | 0.06 | 0.16 | 1.58 | 2.51 | 0 | 0 | -0.15 | 1.67 | -0.10 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 1.64 | 2.51 | 0 | -0.19 | 0 | 2.25 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0.19 | -0.15 | -0.40 | 0.07 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.17 | -0.17 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 1.53 | 0.06 | 0.16 | -0.06 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0.13 | -0.04 | 0.06 | 0.01 | -0.02 | -0.01 | -0.03 | 0 | -0.40 | -0.08 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 9.31 | 7.26 | 3.59 | 3.65 | 0.14 | 3.1 | 3.63 | 3 | 0.72 | -33.08 |
| ROCE (%) | 5.8 | 8.52 | 4.32 | 4.45 | 0.61 | 4.43 | 4.27 | 4.31 | 2.14 | -27.41 |
| Asset Turnover Ratio | 0.29 | 0.13 | 0.23 | 0.61 | 0.54 | 0.48 | 0.29 | 0.68 | 0.35 | 0.23 |
| PAT to CFO Conversion(x) | -0.96 | 1.13 | 0.25 | -5.44 | -175 | 0.19 | 13.08 | 0.45 | -22.89 | N/A | Working Capital Days |
| Receivable Days | 181 | 455 | 242 | 131 | 163 | 297 | 498 | 170 | 357 | 386 |
| Inventory Days | 0 | 0 | 9 | 5 | 20 | 19 | 28 | 15 | 20 | 58 |
| Payable Days | 0 | 0 | -1,543 | -1,292 | -394 | 3,965 | -4,734 | 2,226 | 0 | -346 |
Nihar Info Global (NIGL) was established in 1995. It is India’s fast growing IT solutions and products company. It is a 15-year old public limited company listed on the Bombay Stock Exchange (BSE). Nihar aims to provide the very best in bringing cost effective solutions with quality processes, good infrastructure and a committed people force.
Nihar is an IBM business partner and IBM valuenet partner for enterprise content management solutions. It is also IBM filenet software valuenet - technical service provider.
The company has executed more than 100 software projects in the last ten years related to IBM filenet solutions, ERP, customized ERP solutions, testing, e- learning, e-governance, intranet and extranet portals, multimedia, web technologies and interactive portals.
The company has executed projects in India, Saudi Arabia, United Arab Emirates and USA.
Services provided by the company
Certification / Recognition
ISO 9001: 2000
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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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