BSE: 507813 | NSE: NOL | Industrial Gases & Fuels | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that National Oxygen Ltd is a average quality company.
The key valuation ratios of National Oxygen Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of National Oxygen 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 % ⓘ | -10.6% | -1.6% | 3.1% | 10.1% | 24.7% | 10% | 11% | 31.3% | 3.3% | -5.7% | - |
| Value Creation Index ⓘ | -1.8 | -1.1 | NA | NA | 0.8 | NA | -0.2 | 1.2 | NA | NA | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 28.1 | 33.2 | 36.1 | 41.4 | 46.2 | 43.9 | 39.8 | 50.6 | 47.1 | 45.3 | 44 |
| Sales YoY Gr. | - | 18% | 8.8% | 14.6% | 11.7% | -4.9% | -9.5% | 27.3% | -6.9% | -3.9% | - |
| Adj EPS ⓘ | -22.5 | -11.9 | -10.6 | -6.7 | 2.6 | -3.3 | -2.3 | 14.4 | -1.7 | -6.5 | -8.9 |
| YoY Gr. | - | NA | NA | NA | NA | -227.2% | NA | NA | -111.4% | NA | - |
| BVPS (₹) ⓘ | 12.8 | 0.9 | -9.6 | -17.7 | -10.3 | -13.6 | 9.2 | 0 | -1.9 | -2 | -6.8 |
| Adj Net Profit ⓘ | -10.8 | -5.7 | -5.1 | -3.2 | 1.3 | -1.6 | -1.1 | 6.9 | -0.8 | -3.3 | -4 |
| Cash Flow from Ops. ⓘ | 1.3 | 1.5 | 4.9 | 8.5 | 7.9 | 4.8 | 6.5 | 11.6 | 2.2 | 1 | - |
| Debt/CF from Ops. ⓘ | 33.4 | 32.5 | 10.1 | 5.2 | 4.9 | 8 | 3.9 | 2.8 | 12.9 | 29.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 5.4% | -0.4% | 4.4% | -3.9% | ||||
| Adj EPS ⓘ | NA | -220% | NA | NA | ||||
| BVPSⓘ | -181.3% | NA | -160% | NA | ||||
| Share Price | 9.7% | 26.8% | 6.2% | -5.3% | ||||
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 % ⓘ | -91.2 | -173.3 | 245.3 | 49 | -18.7 | 27.8 | 104.5 | 314.2 | 173 | 338.6 | 202.3 |
| Op. Profit Mgn % ⓘ | -5.2 | 8.5 | 13.5 | 13.3 | 18.6 | 14.6 | 15.5 | 22.8 | 7.8 | 2.8 | 0.6 |
| Net Profit Mgn % ⓘ | -38.4 | -17.2 | -14.1 | -7.8 | 2.7 | -3.6 | -2.8 | 13.7 | -1.7 | -7.2 | -10.3 |
| Debt to Equity ⓘ | 7.1 | 107 | -10.7 | -5.2 | -7.7 | -5.9 | 5.7 | 2077.2 | -30.9 | -28.5 | - |
| Working Cap Days ⓘ | 93 | 87 | 91 | 66 | 47 | 59 | 74 | 62 | 75 | 86 | 38 |
| Cash Conv. Cycle ⓘ | 20 | 17 | 17 | 11 | 10 | 15 | 16 | 12 | 22 | 27 | -10 |
No data to display
Return on Equity has declined versus last 3 years average to 202.30%
Sales growth has been subdued in last 3 years 4.41%
Sales growth is not so good in last 4 quarters at -7.33%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -8.9 | - |
| TTM Sales (₹ Cr.) | 43.5 | - |
| BVPS (₹.) ⓘ | -6.8 | - |
| Reserves (₹ Cr.) ⓘ | -8 | - |
| P/BV ⓘ | -18.57 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 96.10 / 184.90 |
| All Time Low / High (₹) | 1.50 / 233.90 |
| Market Cap (₹ Cr.) | 63.7 |
| Equity (₹ Cr.) | 5 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 16 |
| 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 | 28.13 | 33.18 | 36.09 | 41.36 | 46.21 | 43.93 | 39.76 | 50.61 | 47.11 | 45.26 |
| Operating Expenses ⓘ | 29.65 | 30.37 | 31.20 | 35.87 | 37.63 | 37.54 | 33.59 | 39.17 | 43.43 | 44.01 |
| Manufacturing Costs | 22.56 | 22.75 | 23.43 | 27.04 | 28.54 | 27.78 | 24.49 | 30.38 | 32.42 | 32.43 |
| Material Costs | 0.87 | 1.30 | 1.15 | 1.28 | 0.71 | 0.86 | 1.91 | 0.84 | 0.43 | 0.08 |
| Employee Cost | 2.91 | 2.84 | 2.91 | 3.15 | 3.33 | 3.49 | 3.03 | 3.58 | 3.54 | 3.33 |
| Other Costs ⓘ | 3.31 | 3.47 | 3.71 | 4.40 | 5.05 | 5.41 | 4.16 | 4.38 | 7.04 | 8.17 |
| Operating Profit ⓘ | -1.51 | 2.81 | 4.88 | 5.49 | 8.58 | 6.40 | 6.18 | 11.43 | 3.68 | 1.25 |
| Operating Profit Margin (%) | -5.4% | 8.5% | 13.5% | 13.3% | 18.6% | 14.6% | 15.5% | 22.6% | 7.8% | 2.8% |
| Other Income ⓘ | 0.17 | 0.35 | 0.33 | 0.61 | 0.29 | 0.27 | 0.49 | 1.44 | 0.59 | 0.50 |
| Interest ⓘ | 5.43 | 6.10 | 6.46 | 5.90 | 4.90 | 4.80 | 4.48 | 2.15 | 1.79 | 1.64 |
| Depreciation ⓘ | 4.17 | 3.94 | 3.79 | 3.79 | 3.53 | 3.41 | 3.28 | 3.09 | 3.27 | 3.33 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 1.71 | 3.14 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -10.94 | -6.88 | -5.04 | -1.88 | 3.57 | -1.55 | -1.10 | 7.63 | -0.79 | -3.23 |
| Tax ⓘ | -0.11 | -1.19 | 0 | -0.01 | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Profit After Tax | -10.83 | -5.68 | -5.04 | -1.87 | 3.56 | -1.57 | -1.10 | 7.63 | -0.79 | -3.23 |
| PAT Margin (%) | -38.5% | -17.1% | -14.0% | -4.5% | 7.7% | -3.6% | -2.8% | 15.1% | -1.7% | -7.1% |
| Adjusted EPS (₹) | -22.6 | -11.8 | -10.5 | -3.9 | 7.4 | -3.3 | -2.3 | 15.9 | -1.7 | -6.4 |
| 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 | 6.14 | 0.45 | -4.59 | -8.50 | -4.94 | -6.54 | 4.39 | 0.02 | -0.93 | -1 |
| Share Capital ⓘ | 4.80 | 4.80 | 4.80 | 4.80 | 4.80 | 4.80 | 4.80 | 4.80 | 4.80 | 5.04 |
| Reserves ⓘ | 1.34 | -4.35 | -9.39 | -13.31 | -9.74 | -11.34 | -0.41 | -4.79 | -5.73 | -6.04 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 37.60 | 43.29 | 43.47 | 39.96 | 35.97 | 38.52 | 22.72 | 30.37 | 26.56 | 26.22 |
| Long Term Debt | 30.29 | 37.37 | 37.89 | 34.59 | 30.47 | 32.66 | 19.17 | 30.37 | 26.56 | 22.61 |
| Short Term Debt | 7.32 | 5.92 | 5.58 | 5.38 | 5.50 | 5.86 | 3.55 | 0 | 0 | 3.61 |
| Trade Payables | 3.18 | 3.69 | 3.76 | 2.63 | 2.43 | 3.37 | 3.41 | 3.25 | 3.23 | 2.88 |
| Others Liabilities ⓘ | 10.43 | 8.42 | 8.51 | 7.84 | 5.72 | 2.87 | 5.45 | 6.17 | 6.06 | 6.02 |
| Total Liabilities ⓘ | 57.35 | 55.85 | 51.16 | 41.93 | 39.18 | 38.22 | 35.98 | 39.80 | 34.91 | 34.11 |
Fixed Assets | ||||||||||
| Gross Block | 77.27 | 77.29 | 76.97 | 66.45 | 66.23 | 66.52 | 67.27 | 64.11 | 65.18 | 68.42 |
| Accumulated Depreciation | 28.50 | 32.41 | 35.89 | 31.21 | 34.32 | 37.51 | 40.79 | 39.84 | 43.10 | 46.44 |
| Net Fixed Assetsⓘ | 48.77 | 44.88 | 41.08 | 35.24 | 31.91 | 29.01 | 26.48 | 24.27 | 22.07 | 21.98 |
| CWIP ⓘ | 0 | 0 | 0.03 | 0.03 | 0.03 | 0.03 | 0.06 | 0 | 0.14 | 0.81 |
| Investmentsⓘ | 0.56 | 0.16 | 0.01 | 0.11 | 0.17 | 0.19 | 0.21 | 0.10 | 0.05 | 0.08 |
| Inventories | 0.56 | 0.66 | 0.30 | 0.22 | 0.26 | 0.46 | 0.63 | 0.89 | 1.12 | 1.01 |
| Trade Receivables | 3.60 | 6.04 | 5.29 | 3.73 | 4.22 | 4.90 | 5 | 5.04 | 5.34 | 5.30 |
| Cash Equivalents | 0.79 | 0.80 | 0.53 | 0.81 | 0.91 | 1.05 | 1.01 | 6.47 | 2.15 | 0.49 |
| Others Assetsⓘ | 3.08 | 3.31 | 3.92 | 1.79 | 1.69 | 2.58 | 2.58 | 3.03 | 4.03 | 4.44 |
| Total Assets ⓘ | 57.35 | 55.85 | 51.16 | 41.93 | 39.18 | 38.22 | 35.98 | 39.80 | 34.91 | 34.11 |
| 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 ⓘ | 1.30 | 1.49 | 4.87 | 8.45 | 7.85 | 4.83 | 6.53 | 11.59 | 2.23 | 0.97 |
| PBT ⓘ | -10.94 | -6.88 | -5.04 | -1.88 | 3.57 | -1.55 | -1.10 | 7.63 | -0.79 | -3.23 |
| Adjustment ⓘ | 9.49 | 9.78 | 9.98 | 7.93 | 5.27 | 8.02 | 7.68 | 4.13 | 4.74 | 4.78 |
| Changes in Working Capital ⓘ | 2.77 | -1.37 | -0.05 | 2.39 | -0.97 | -1.62 | -0.04 | -0.12 | -1.67 | -0.52 |
| Tax Paid ⓘ | -0.03 | -0.04 | -0.02 | 0.02 | -0.02 | -0.01 | -0.02 | -0.04 | -0.06 | -0.06 |
| Cash Flow From Investing Activity ⓘ | -1.67 | -0.45 | 0.71 | 2.68 | 3.12 | -0.39 | -0.70 | 0.40 | -0.62 | -3.69 |
| Capex | -1.25 | -0.01 | 0.02 | 2.69 | 3.09 | -0.48 | -0.76 | 0.28 | -0.85 | -3.86 |
| Net Investments | 0.21 | 0.40 | 0.15 | -0.10 | -0.05 | -0.02 | -0.02 | 0.01 | 0.09 | -0.03 |
| Others ⓘ | -0.63 | -0.84 | 0.55 | 0.09 | 0.08 | 0.12 | 0.08 | 0.12 | 0.15 | 0.20 |
| Cash Flow From Financing Activityⓘ | 0.39 | -1.03 | -5.85 | -10.86 | -10.86 | -4.30 | -5.87 | -6.54 | -5.93 | 1.07 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.12 |
| Net Proceeds from Borrowing ⓘ | 4.99 | 6.47 | 0.94 | -4.75 | -6.09 | 0.14 | 0.93 | -0.84 | -4.17 | -0.94 |
| Interest Paid ⓘ | -5.43 | -6.10 | -6.46 | -5.90 | -4.90 | -4.80 | -4.48 | -2.15 | -1.76 | -1.62 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.82 | -1.40 | -0.33 | -0.21 | 0.13 | 0.36 | -2.31 | -3.55 | 0 | 0.51 |
| Net Cash Flow ⓘ | 0.02 | 0.01 | -0.27 | 0.28 | 0.11 | 0.14 | -0.04 | 5.46 | -4.32 | -1.66 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -91.45 | -172.53 | N/A | N/A | N/A | N/A | 0 | 346 | N/A | N/A |
| ROCE (%) | -10.55 | -1.59 | N/A | N/A | N/A | N/A | 10.99 | 31.32 | N/A | N/A |
| Asset Turnover Ratio | 0.51 | 0.64 | 0.74 | 0.91 | 1.14 | 1.14 | 1.07 | 1.34 | 1.26 | 1.31 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | 2.21 | N/A | N/A | 1.52 | N/A | N/A | Working Capital Days |
| Receivable Days | 47 | 48 | 53 | 39 | 31 | 38 | 45 | 36 | 40 | 43 |
| Inventory Days | 7 | 6 | 4 | 2 | 2 | 3 | 5 | 5 | 8 | 9 |
| Payable Days | 1,335 | 963 | 1,180 | 909 | 1,301 | 1,229 | 649 | 1,452 | 2,779 | 0 |
National Oxygen ltd. incorporated in 1974, is a leading producer and supplier of Industrial gases both in liquid and gaseous forms with well established business relationship with their clients over the last three decades in this business.
It is an NOL Group company,the group is having interest in manufacturing oxygen, nitrogen, acetylene and trading petro chemical products.The other group companies are
It is a public limited company registered with Mumbai & Chennai Stock Exchanges, for manufacture and supply of industrial gases both in liquid and gaseous form to industries and hospitals. Started production in 1979 with a 60 Cu.M. / hour plant near Trichirapalli in Tamilnadu has now expanded its activities by initially a 75 TPD plant at Pondicherry during 1997. The company has got certified for ISO 9001:2000 and supplying its products to various industrial and hospital sectors.
National Oxygen (NOL) is a leading producer and supplier of Industrial gases both in liquid and gaseous forms with well established business relationship with their clients over the last three decades in this business. NOL currently has a capacity of 2500 Cu.M per hour of oxygen / nitrogen gases and 2,00,000 Cu.M per annum capacity of dissolved acetylene gas having manufacturing facilities at Pondicherry and Tamilnadu.
In addition to oxygen, NOL installed an additional facility for compressing waste nitrogen into commercial grade nitrogen and over the years upgraded all it's facilities. NOL can now supply oxygen and nitrogen in liquid and gaseous forms to industries and hospitals through it's own sales network.
NOL has installed a windmill with a capacity of 1.65 MW at Dhule, Maharastra during December 2005.
The clients of NOL consist mainly government workshops, public sector units, space and petrochemical units. Also serves to steel sector, pharmaceutical sector, refrigeration units, hospitals, ship making & repairing units other than fabrication sector.
Product range of the company includes:
Achievements/ recognition:
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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