NR Agarwal Industries Ltd - Stock Valuation and Financial Performance

BSE: 516082 | NSE: NRAIL | Paper & Paper Products | Small Cap

NR Agarwal Inds Share Price

339.95 2.35 0.70%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on NR Agarwal Inds

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

NR Agarwal Industries stock performance -

mw4me loader
P/E Ratio (SA):
9.77
Market Cap:
574.6 Cr.
52-wk low:
316.6
52-wk high:
543

Is NR Agarwal Industries Ltd an attractive stock to invest in?

1. Is NR Agarwal Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that NR Agarwal Industries Ltd is a good quality company.

2. Is NR Agarwal Industries Ltd undervalued or overvalued?

The key valuation ratios of NR Agarwal Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is NR Agarwal Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of NR Agarwal 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 NR Agarwal 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.
NR Agarwal Industries Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 4.3%11.3%27.7%29.1%29.6%32%17.1%18.1%22.3%14.2%-
Value Creation
Index
-0.7-0.21.01.11.11.30.20.30.60.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7258831,0441,1901,3181,4051,1461,6171,7661,2931,358
Sales YoY Gr.-21.8%18.3%14%10.7%6.6%-18.5%41.1%9.3%-26.8%-
Adj EPS -20.210.2285253.765.531.632.355.973.934.6
YoY Gr.-NA175.2%86%3.3%22%-51.8%2.4%72.8%32.3%-
BVPS (₹) 44.855.378.3128.9183.5246.1280315373.5446.7451.3
Adj Net
Profit
-34.317.347.688.591.411253.75595.112659
Cash Flow from Ops. 63.237.690.610411219111695.6129135-
Debt/CF from Ops. 5.89.23.32.82.71.11.51.514.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.6%-0.4%4.1%-26.8%
Adj EPS NA6.6%32.8%32.3%
BVPS29.1%19.5%16.9%19.6%
Share Price 31.2% 10.5% 10.4% -3.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-36.720.341.950.234.430.51210.916.2187.7
Op. Profit
Mgn %
4.27.413.313.214.115.411.68.910.51410.1
Net Profit
Mgn %
-4.724.67.46.97.94.73.45.49.74.3
Debt to
Equity
4.83.72.31.310.50.40.30.20.70.6
Working Cap
Days
79756360636792777910657
Cash Conv.
Cycle
214304244435343415313

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 32.77%

Return on Equity has declined versus last 3 years average to 7.70%

Sales growth has been subdued in last 3 years 4.12%

Sales growth is not so good in last 4 quarters at -7.06%

Latest Financials - NR Agarwal Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 34.6 -
TTM Sales (₹ Cr.) 1,358 -
BVPS (₹.) 451.3 -
Reserves (₹ Cr.) 751 -
P/BV 0.75 -
PE 9.77 -
From the Market
52 Week Low / High (₹) 316.55 / 543.00
All Time Low / High (₹) 2.00 / 615.85
Market Cap (₹ Cr.) 575
Equity (₹ Cr.) 17
Face Value (₹) 10
Industry PE 10.6

Management X-Ray of NR Agarwal Inds:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *100.00100.00100.00100.0099.4399.4399.4399.4399.4399.43
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of NR Agarwal Inds

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
Sales7258831,0441,1901,3181,4051,1461,6171,7661,293
Operating Expenses 6958189061,0331,1341,1891,0131,4741,5821,117
Manufacturing Costs144158154187205218191285319243
Material Costs4575496147067638106591,0101,097720
Employee Cost 35445057707668717880
Other Costs 606788849685951088874
Operating Profit 3065138157184216133143184176
Operating Profit Margin (%) 4.2%7.4%13.2%13.2%14.0%15.4%11.6%8.8%10.4%13.6%
Other Income 6866812811139
Interest 36464340353630251411
Depreciation 18232526273233343637
Exceptional Items 0010000000
Profit Before Tax -17478971311617895148138
Tax 16-14287364420344812
Profit After Tax -3318509095117576199125
PAT Margin (%) -4.6%2.0%4.8%7.6%7.2%8.3%5.0%3.8%5.6%9.7%
Adjusted EPS (₹)-19.710.529.253.055.668.633.635.958.473.7
Dividend Payout Ratio (%)0%0%7%6%7%0%3%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 7694133219312419476536636760
Share Capital 17171717171717171717
Reserves 5977116202295402459519619743
Minority Interest0000000000
Debt329314266241241173112108134518
Long Term Debt2292171871541601314636133446
Short Term Debt10097788781426673172
Trade Payables11379564565851351509563
Others Liabilities 145180204198186188210206180225
Total Liabilities 6636676597038058659331,0011,0451,567

Fixed Assets

Gross Block5745864615146036807246296461,313
Accumulated Depreciation116138245176107140128163178
Net Fixed Assets4584474364645265725845014831,135
CWIP 42425212120292812229
Investments 00100000121
Inventories61666369104103139151130169
Trade Receivables84799411111712112316713887
Cash Equivalents 1165866765018
Others Assets45443430304451147122107
Total Assets 6636676597038058659331,0011,0451,567

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 63389110411219111696129135
PBT -17478971311617895148138
Adjustment 51676365626461594659
Changes in Working Capital 29-34-49-33-50-5-11-43-35-44
Tax Paid 00-2-24-30-28-12-15-30-17
Cash Flow From Investing Activity -63-31-14-47-85-52-48-41-96-548
Capex -65-33-16-49-87-55-50-41-100-527
Net Investments 000000000-23
Others 2222233042
Cash Flow From Financing Activity 6-11-78-55-29-139-67-55-25405
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 28-20000-560-3363346
Interest Paid -33-48-49-41-35-31-29-22-10-7
Dividend Paid 000-3-1-70-200
Others 1256-29-117-45-382-7866
Net Cash Flow 7-5-13-20208-8
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-35.7920.9343.7751.1935.631.9412.7812.0516.9517.98
ROCE (%)4.3211.2927.6729.1429.5632.0117.0518.122.2914.23
Asset Turnover Ratio1.241.391.651.81.771.681.271.671.730.99
PAT to CFO Conversion(x)N/A2.111.821.161.181.632.041.571.31.08
Working Capital Days
Receivable Days34322931313139333232
Inventory Days22252220242738332942
Payable Days83643112172238332833

NR Agarwal Industries Ltd Stock News

NR Agarwal Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of NR Agarwal Inds on 21-Nov-2024 16:59 is ₹339.9.
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 NR Agarwal Inds stood at ₹574.6.
The latest P/E ratio of NR Agarwal Inds as of 21-Nov-2024 16:59 is 9.77.
The latest P/B ratio of NR Agarwal Inds as of 21-Nov-2024 16:59 is 0.75.
The 52-week high of NR Agarwal Inds is ₹543.0 and the 52-week low is ₹316.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NR Agarwal Inds is ₹1,358 ( Cr.) .

About NR Agarwal Industries Ltd

NR Agarwal Industries, incorporated in 1975, is one of the largest coated duplex board and newsprint manufacturing group having its corporate office at Mumbai and four manufacturing units located at Vapi, Gujarat

It has today evolved as one of the largest manufacturing facility in its chosen area of operation. The combined manufacturing capacity of coated duplex boards today is 130,000 MT per annum and that of newsprint, 40,000 MT PA.

The company has vast resources in terms of assets, technical expertise and technology, Research and development, plants and state-of-the-art machinery, well equipped laboratories, excellent infrastructure and utilities including water, own power generation (steam), steam generation, communication, D.M. Plants, Effluent Treatment Plants, transportation etc. at all manufacturing locations. The Group has excellent marketing network including highly effective sales team, end users, distributors, storage facility and fast delivery capabilities.

NR Agarwal Industries has grown significantly during the last decade. The technical manpower of the company is rated among the best in the Industry. To achieve the objectives of exponential growth, the company has a well knit organization with clear vision, coordination and decision channels. The effective functioning of the company is aided by support services and effective administrative systems and procedures. Total manpower including technical and commercial personnel handling activities of the company is 1500.

Coated duplex boards manufactured by the company are exported across the globe to many countries including Sri Lanka, Bangladesh, Philippines, Egypt, East Africa and Gulf Countries to name a few.

The company manufactures five different qualities of newsprint depending on the specific needs of publishing houses.

Product range of the company includes:

NR Agarwal Industries Ltd manufactures two kinds of products i.e. coated duplex boards -- grey back and white back as well as newsprint at four different locations in GIDC, Vapi, Gujarat state.

  • Superior Quality Double Coated Duplex Board - HWC (Grey Back/White Back)
  • Double Coated Duplex Board - HWC(White Back)
  • Double Coated Duplex Board - HWC(Grey Back)
  • Newsprint

Achievements/ recognition:

  • Quality Management System based on ISO 9001:2000 standard
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