Nirav Commercials Ltd - Stock Valuation and Financial Performance

BSE: 512425 | NSE: | Aluminium & Aluminium Products | Small Cap

Nirav Commercials Share Price

964.95 25.95 2.76%
as on 22-Nov'24 16:59

DeciZen - make an informed investing decision on Nirav Commercials

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Nirav Commercials stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
37.8 Cr.
52-wk low:
421.1
52-wk high:
1,200

Is Nirav Commercials Ltd an attractive stock to invest in?

1. Is Nirav Commercials Ltd a good quality company?

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

2. Is Nirav Commercials Ltd undervalued or overvalued?

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

3. Is Nirav Commercials Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nirav Commercials 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 Nirav Commercials:

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.
Nirav Commercials 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 3.7%2.1%6.6%58.4%0.9%0.3%42.2%2.6%3.2%1.8%-
Value Creation
Index
-0.7-0.9-0.53.2-0.9-1.02.0-0.8-0.8-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8.97.111.76.15.23.75.311.19.610.59
Sales YoY Gr.--20.9%66%-48.1%-14.3%-28.6%41.4%110.8%-13.3%9.4%-
Adj EPS 74.310.226.95.50.174.736.718.94.4-52.6
YoY Gr.--38%136.2%164.1%-79.6%-99.1%149340%-50.8%-48.6%-76.5%-
BVPS (₹) 261.2265.5275.7443.2447.1445.4682.5727.7743762782.2
Adj Net
Profit
0.30.20.41.10.202.91.40.70.2-2
Cash Flow from Ops. -0.2-0.5-0.1-0.5-0.1-9.7-11.513.63.93.8-
Debt/CF from Ops. -0.5-0.200000000.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.9%15.1%26%9.4%
Adj EPS -4.9%-4.1%-61%-76.5%
BVPS12.6%11.3%3.7%2.6%
Share Price 13.3% 37.2% 24.9% 99.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
2.71.63.87.51.2013.35.22.60.6-6.8
Op. Profit
Mgn %
0.6-23.8-4-10.7-31-8.4-0.43.7-1.5-22.2
Net Profit
Mgn %
3.12.43.417.34.10.155.7137.71.7-22.3
Debt to
Equity
00000000000
Working Cap
Days
2443202244284349941,363625441284159
Cash Conv.
Cycle
13716011521920930522210112711894

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 25.99%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -15.81%

Latest Financials - Nirav Commercials Ltd.

Standalone Consolidated
TTM EPS (₹) -52.6 -
TTM Sales (₹ Cr.) 9.2 -
BVPS (₹.) 782.2 -
Reserves (₹ Cr.) 30 -
P/BV 1.23 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 421.05 / 1200.00
All Time Low / High (₹) 2.50 / 4381.20
Market Cap (₹ Cr.) 37.8
Equity (₹ Cr.) 0.4
Face Value (₹) 10
Industry PE 15.7

Management X-Ray of Nirav Commercials:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Nirav Commercials

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales8.927.0611.726.085.213.725.2611.099.6210.52
Operating Expenses 8.877.2011.276.325.864.925.7011.139.5610.68
Manufacturing Costs0.670.700.630.920.610.540.541.411.832.15
Material Costs6.875.199.053.533.342.653.718.135.696.41
Employee Cost 0.700.670.760.850.960.960.660.780.771.17
Other Costs 0.620.640.831.010.960.770.800.811.270.93
Operating Profit 0.05-0.140.44-0.24-0.65-1.20-0.44-0.040.06-0.16
Operating Profit Margin (%) 0.5%-2.0%3.8%-4.0%-12.4%-32.2%-8.4%-0.4%0.6%-1.5%
Other Income 0.400.410.318.510.861.309.820.800.900.80
Interest 0.050.010.170.020.010.010.010.020.040.14
Depreciation 0.080.060.050.040.050.050.050.050.040.12
Exceptional Items 0000000000
Profit Before Tax 0.330.200.548.210.150.049.330.690.870.39
Tax 0.050.030.141.64000.04-0.750.200.07
Profit After Tax 0.270.170.406.570.150.049.281.440.670.32
PAT Margin (%) 3.1%2.4%3.4%108.1%2.9%1.0%176.6%13.0%7.0%3.0%
Adjusted EPS (₹)7.04.310.2167.53.90.9236.836.717.18.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 10.2410.4110.8117.3717.5317.4626.7528.5229.1329.87
Share Capital 0.390.390.390.390.390.390.390.390.390.39
Reserves 9.8510.0110.4116.9817.1317.0726.3628.1328.7329.48
Minority Interest0000000000
Debt0.100.1000000000.20
Long Term Debt0000000000.20
Short Term Debt0.100.1000000000
Trade Payables0.250.261.230.890.910.220.100.1710.18
Others Liabilities 0.260.360.600.750.621.050.671.331.191.65
Total Liabilities 10.8411.1312.6419.0119.0518.7327.5230.0331.3131.90

Fixed Assets

Gross Block1.521.521.541.741.641.701.661.661.682.11
Accumulated Depreciation1.181.231.281.321.271.321.291.331.381.50
Net Fixed Assets0.350.290.260.420.370.380.370.330.300.62
CWIP 000.060000000
Investments 4.174.174.1711.9912.363.722.0316.4119.0424.94
Inventories2.382.142.582.822.762.741.752.112.472.18
Trade Receivables1.111.243.091.330.880.811.431.132.291.06
Cash Equivalents 0.270.100.180.150.380.320.180.271.740.20
Others Assets2.573.202.312.302.3010.7621.779.785.482.89
Total Assets 10.8411.1312.6419.0119.0518.7327.5230.0331.3131.90

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -0.21-0.50-0.08-0.45-0.07-9.74-11.4813.563.863.75
PBT 0.330.200.548.210.150.049.330.690.870.39
Adjustment -0.24-0.29-0.20-8.36-0.75-1.24-9.660.33-0.270.48
Changes in Working Capital -0.13-0.37-0.371.340.64-8.44-11.0712.483.363.11
Tax Paid -0.16-0.05-0.05-1.64-0.11-0.10-0.070.05-0.11-0.04
Cash Flow From Investing Activity 0.070.090.020.120.138.7310.79-14.01-2.79-6.29
Capex -0.050-0.08-0.140.110.030.160-0.01-0.44
Net Investments 0000.05-0.468.5910.57-14.07-2.79-6.01
Others 0.110.090.090.210.480.100.060.060.020.16
Cash Flow From Financing Activity 0.170.240.150.300.170.950.550.550.401
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.03000000000
Interest Paid 0.200.240.150.310.170.950.550.560.370
Dividend Paid 0000000000
Others 000-0.01000-0.010.021
Net Cash Flow 0.03-0.170.08-0.030.23-0.06-0.140.091.47-1.54
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)2.691.643.7646.60.880.2141.995.212.331.09
ROCE (%)3.652.076.6258.390.930.2942.242.583.171.79
Asset Turnover Ratio0.840.6610.390.270.20.230.390.310.33
PAT to CFO Conversion(x)-0.78-2.94-0.2-0.07-0.47-243.5-1.249.425.7611.72
Working Capital Days
Receivable Days535967131788378426558
Inventory Days9511473160196270156648781
Payable Days14183011099781663834

Nirav Commercials Ltd Stock News

Nirav Commercials Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Nirav Commercials on 22-Nov-2024 16:59 is ₹965.0.
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 22-Nov-2024 16:59 the market cap of Nirav Commercials stood at ₹37.83.
The latest P/E ratio of Nirav Commercials as of 22-Nov-2024 16:59 is 0.00.
The latest P/B ratio of Nirav Commercials as of 22-Nov-2024 16:59 is 1.23.
The 52-week high of Nirav Commercials is ₹1,200 and the 52-week low is ₹421.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nirav Commercials is ₹9.19 ( Cr.) .

About Nirav Commercials Ltd

Nirav Commercials was incorporated in 1985. It is engaged in the business of trading and manufacturing aluminum products.

The ISO 9002-certified company has its manufacturing units located in the Union Territory of Daman and in the Raigad district of Maharashtra with capacity to manufacture aluminum grills, doors and windows. Income is also generated from trading in sulphur.  The registered office of the company is located at Unit No 357, A-Z Industrial Estate, G K Marg, Lower Parel (West), Mumbai 400013.

Products of the company

  • Sulphur
  • Aluminium Extruded Products
  • Windows & Doors
  • Aluminium Railings

Certification/ Recognition

  • ISO 9002 certification
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