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Nath Industries

₹72 -3 | 4%

Market Cap ₹137 Cr.

Stock P/E 14

P/B 0.5

Current Price ₹72

Book Value ₹ 135.4

Face Value 10

52W High ₹96.6

Dividend Yield 0%

52W Low ₹ 62.2

Nath Industries Research see more...

Overview Inc. Year: 1980Industry: Paper & Paper Products

Nath Industries Limited, incorporated on July 9, 1980, is a diversified company with a focus on manufacturing industrial paper products. The company produces a variety of paper types, including crepe craft paper, poster paper, blue match paper, tissue paper, and more. It also engages in the production of seeds and industrial chemicals. Promoters of Nath Industries hold a significant share of 73.71%, indicating strong control and commitment to the company’s growth and direction. The company’s shareholding pattern has remained stable, with no change in promoter holding or pledges in the recent quarter ending December 2023. Nath Industries has a longstanding market presence and is recognized for its diversified revenue profile and commitment to quality. Clientele includes a pan-India base, serving various sectors with its quality paper products and chemicals.

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Nath Industries Share Price

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Nath Industries Quarterly Results

#(Fig in Cr.) Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Net Sales 89 84 82 77 78 88 96 114 126 117
Other Income 6 0 1 1 3 1 1 2 4 1
Total Income 95 84 82 78 81 88 98 117 130 118
Total Expenditure 94 81 78 74 76 83 91 106 118 109
Operating Profit 1 3 5 4 5 6 6 11 12 9
Interest 1 1 2 2 3 3 3 3 3 3
Depreciation 2 2 2 2 1 2 3 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -2 0 0 0 0 0 1 5 7 4
Provision for Tax -3 0 0 0 0 0 0 0 3 0
Profit After Tax 1 0 0 0 0 0 1 5 4 4
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 0 0 0 0 0 1 5 4 4
Adjusted Earnings Per Share 0.7 0.1 0.1 0 0.1 0.2 0.3 2.6 2 2

Nath Industries Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 94 90 110 120 137 299 292 421 408 321 424 453
Other Income 0 0 0 0 0 2 2 2 6 4 8 8
Total Income 95 91 110 120 138 301 293 423 414 325 433 463
Total Expenditure 89 85 104 113 129 271 262 395 401 308 398 424
Operating Profit 5 5 6 7 9 30 31 28 13 17 35 38
Interest 1 1 1 1 2 5 3 5 5 10 12 12
Depreciation 1 1 2 2 3 6 6 7 7 7 10 9
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 4 3 4 4 19 22 16 0 1 13 17
Provision for Tax 1 1 1 1 1 1 6 -0 -2 0 3 3
Profit After Tax 3 2 2 2 4 18 15 17 3 0 10 14
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3 2 2 2 4 18 15 17 3 0 10 14
Adjusted Earnings Per Share 2.3 2 1.4 2.2 3.4 9.6 8 8.8 1.4 0.3 5.1 6.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 32% 0% 7% 16%
Operating Profit CAGR 106% 8% 3% 21%
PAT CAGR 0% -16% -11% 13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 7% 0% 2% 26%
ROE Average 4% 2% 4% 5%
ROCE Average 7% 4% 5% 7%

Nath Industries Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 42 44 64 69 81 213 230 244 243 245 254
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 1 38 37 49 63 63 54
Other Non-Current Liabilities 2 2 16 14 5 30 30 31 29 33 35
Total Current Liabilities 12 12 17 17 33 63 54 68 98 111 108
Total Liabilities 55 58 97 100 120 345 351 392 432 451 451
Fixed Assets 15 15 47 48 54 205 202 206 205 289 281
Other Non-Current Assets 15 19 21 24 31 48 44 53 91 28 31
Total Current Assets 25 24 29 28 35 92 104 132 136 135 140
Total Assets 55 58 97 100 120 345 351 392 432 451 451

Nath Industries Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0 0 0 2 3 1 0 6
Cash Flow from Operating Activities 6 1 1 2 7 17 18 10 13 30 14
Cash Flow from Investing Activities -2 -2 -3 -4 -16 -6 1 -33 -54 -30 4
Cash Flow from Financing Activities -3 -0 3 2 9 -12 -19 21 40 6 -24
Net Cash Inflow / Outflow 1 -1 0 0 -0 -1 0 -2 -1 6 -6
Closing Cash & Cash Equivalent 1 0 0 0 0 2 3 1 0 6 0

Nath Industries Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.33 2.02 1.37 2.23 3.44 9.59 8.02 8.76 1.41 0.26 5.12
CEPS(Rs) 3.32 3.01 3.31 4.27 5.73 12.81 11.4 12.31 5.16 3.93 10.15
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 33.75 35.77 58.44 62.35 73.34 112.36 120.8 128.61 128 129.08 133.44
Core EBITDA Margin(%) 5.17 5.53 4.92 5.49 6.42 9.27 10.2 6.05 1.66 4.05 6.34
EBIT Margin(%) 4.19 4.65 3.13 3.87 4.78 7.84 8.58 5.02 1.37 3.21 5.99
Pre Tax Margin(%) 3.35 3.74 2.35 3.18 3.15 6.26 7.42 3.87 0.05 0.24 3.06
PAT Margin (%) 2.59 2.35 1.29 2.01 2.75 6.09 5.22 3.96 0.66 0.15 2.29
Cash Profit Margin (%) 3.69 3.5 3.11 3.83 4.59 8.14 7.43 5.56 2.4 2.33 4.54
ROA(%) 4.55 3.95 1.95 2.5 3.44 7.84 4.38 4.48 0.65 0.11 2.16
ROE(%) 7.03 5.82 2.91 3.7 5.07 12.38 6.88 7.03 1.1 0.2 3.9
ROCE(%) 9.68 10.08 6.71 7.14 7.69 12.3 8.96 7.04 1.63 2.76 6.7
Receivable days 55.91 51.67 43.03 45.75 48.02 39.99 62.12 51.03 53.05 59.71 51.74
Inventory Days 27.93 29.55 32.37 36.34 29.77 24.79 40.32 33.08 39.83 53.13 36.39
Payable days 25.84 23.17 27.25 24.33 23.6 32.1 50.89 34.17 35.2 52.47 33.17
PER(x) 2.76 4.79 16.73 26.87 19.05 7.02 10.72 11.09 34.76 250.13 15.41
Price/Book(x) 0.19 0.27 0.39 0.96 0.89 0.6 0.71 0.76 0.38 0.5 0.59
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.12 0.18 0.23 0.55 0.68 0.64 0.72 0.62 0.52 0.79 0.65
EV/Core EBITDA(x) 2.08 2.94 4.34 9.46 10.31 6.46 6.7 9.32 16.79 14.67 7.83
Net Sales Growth(%) 10.07 -4.21 21.29 9.56 14.25 117.54 -2.37 44.24 -2.98 -21.4 32.29
EBIT Growth(%) -17.4 6.13 -16.65 29.15 38.48 257.34 6.69 -15.68 -73.6 84.78 147.08
PAT Growth(%) 0.06 -13.23 -32.23 62.89 53.86 381.49 -16.34 9.25 -83.93 -81.52 1870.3
EPS Growth(%) 0.06 -13.23 -32.23 62.89 53.86 178.76 -16.34 9.25 -83.93 -81.52 1870.32
Debt/Equity(x) 0.14 0.15 0 0 0.27 0.31 0.22 0.31 0.5 0.55 0.49
Current Ratio(x) 2.13 1.96 1.73 1.65 1.05 1.47 1.92 1.95 1.4 1.22 1.29
Quick Ratio(x) 1.51 1.31 0.96 0.98 0.72 0.99 1.28 1.34 0.91 0.8 0.93
Interest Cover(x) 4.98 5.09 3.98 5.57 2.93 4.96 7.39 4.38 1.04 1.08 2.04
Total Debt/Mcap(x) 0.72 0.54 0 0 0.3 0.51 0.31 0.41 1.3 1.1 0.83

Nath Industries Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 73.71 73.71 73.71 73.71 73.71 73.71 73.71 73.71 73.71 73.71
FII 0 0 0 0 0 0 0 0 0 0
DII 0.21 0.21 0.21 0.21 0.21 0.21 0.21 0.21 0.21 0.21
Public 26.08 26.08 26.08 26.08 26.08 26.08 26.08 26.08 26.08 26.08
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at 0.5 times its book value
  • Debtor days have improved from 52.47 to 33.17days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 2% over the last 3 years.
  • The company has delivered a poor profit growth of -11% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Nath Industries News

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