WEBSITE BSE:532986 NSE : NIRAJ CEMENT 18 May, 12:50
Market Cap ₹173 Cr.
Stock P/E 34.6
P/B 1
Current Price ₹43
Book Value ₹ 43.8
Face Value 10
52W High ₹64.5
Dividend Yield 0%
52W Low ₹ 27.5
Niraj Cement Structurals Limited (NCSL), established by late Shri Vijay Kumar Chopra in 1978, is an Indian engineering and construction company that specializes in infrastructural projects. NCSL has completed projects in transportation, urban infrastructure, power, marine, industrial, and irrigation sectors. NCSL has a pan-India presence with offices in Mumbai, Delhi, Chennai, and Kolkata. NCSL has a fleet of modern equipment and machinery to ensure quality and efficiency. It is listed on the National Stock Exchange and has a market capitalization of over Rs. 100 crore. It also runs a charitable trust that supports education, health, and social welfare initiatives. NCSL is known for its trust, integrity, and quality, and has won several awards and recognitions, such as the Indian Concrete Institute Award, the L&T Certificate of Appreciation, and the NSE Listing Certificate.
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| #(Fig in Cr.) | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 64 | 66 | 160 | 80 | 107 | 105 | 314 | 99 | 111 | 127 |
| Other Income | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Total Income | 64 | 66 | 162 | 81 | 108 | 106 | 315 | 101 | 113 | 129 |
| Total Expenditure | 63 | 65 | 157 | 79 | 106 | 104 | 308 | 100 | 109 | 123 |
| Operating Profit | 2 | 1 | 5 | 2 | 2 | 2 | 8 | 1 | 4 | 6 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Exceptional Income / Expenses | -1 | -0 | -3 | -1 | -1 | -0 | -3 | 0 | -3 | -4 |
| Profit Before Tax | 1 | 1 | 2 | 1 | 1 | 1 | 4 | 1 | 1 | 2 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 1 | 1 | 1 | 1 | 3 | 0 | 1 | 1 |
| Adjustments | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | 0 |
| Profit After Adjustments | 0 | 0 | 1 | 1 | 1 | 1 | 3 | 0 | 1 | 1 |
| Adjusted Earnings Per Share | 0.1 | 0.1 | 0.3 | 0.2 | 0.2 | 0.2 | 0.6 | 0.1 | 0.2 | 0.3 |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|
| Net Sales | 175 | 356 | 606 | 651 |
| Other Income | 4 | 4 | 4 | 7 |
| Total Income | 178 | 361 | 610 | 658 |
| Total Expenditure | 174 | 351 | 597 | 640 |
| Operating Profit | 5 | 9 | 13 | 19 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 |
| Exceptional Income / Expenses | -1 | -4 | -5 | -10 |
| Profit Before Tax | 2 | 3 | 7 | 8 |
| Provision for Tax | 1 | 1 | 2 | 2 |
| Profit After Tax | 1 | 2 | 4 | 5 |
| Adjustments | 0 | 0 | -0 | 0 |
| Profit After Adjustments | 1 | 2 | 4 | 5 |
| Adjusted Earnings Per Share | 0.4 | 0.6 | 1.1 | 1.2 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 70% | 0% | 0% | 0% |
| Operating Profit CAGR | 44% | 0% | 0% | 0% |
| PAT CAGR | 100% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 52% | 2% | 24% | 24% |
| ROE Average | 2% | 2% | 2% | 2% |
| ROCE Average | 4% | 2% | 2% | 2% |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Shareholder's Funds | 177 | 179 | 177 |
| Minority's Interest | 0 | 0 | 0 |
| Borrowings | 10 | 5 | 0 |
| Other Non-Current Liabilities | 0 | 0 | -0 |
| Total Current Liabilities | 89 | 128 | 138 |
| Total Liabilities | 277 | 312 | 315 |
| Fixed Assets | 10 | 8 | 7 |
| Other Non-Current Assets | 50 | 44 | 45 |
| Total Current Assets | 217 | 260 | 263 |
| Total Assets | 277 | 312 | 315 |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Opening Cash & Cash Equivalents | 10 | 5 | 16 |
| Cash Flow from Operating Activities | -5 | 39 | -30 |
| Cash Flow from Investing Activities | -9 | -11 | 15 |
| Cash Flow from Financing Activities | 9 | -17 | 5 |
| Net Cash Inflow / Outflow | -5 | 10 | -10 |
| Closing Cash & Cash Equivalent | 5 | 16 | 5 |
| # | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Earnings Per Share (Rs) | 0.37 | 0.62 | 1.08 |
| CEPS(Rs) | 0.69 | 0.96 | 1.42 |
| DPS(Rs) | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 43.31 | 43.93 | 43.23 |
| Core EBITDA Margin(%) | 0.51 | 1.42 | 1.52 |
| EBIT Margin(%) | 1.25 | 0.94 | 1.2 |
| Pre Tax Margin(%) | 1.13 | 0.9 | 1.13 |
| PAT Margin (%) | 0.76 | 0.68 | 0.71 |
| Cash Profit Margin (%) | 1.58 | 1.08 | 0.94 |
| ROA(%) | 0.48 | 0.82 | 1.38 |
| ROE(%) | 0.76 | 1.39 | 2.47 |
| ROCE(%) | 1.06 | 1.67 | 3.69 |
| Receivable days | 138.08 | 73.56 | 54.08 |
| Inventory Days | 13.63 | 6.19 | 2.48 |
| Payable days | 2521.97 | 2931.18 | 1336.32 |
| PER(x) | 115.03 | 47.87 | 23.9 |
| Price/Book(x) | 0.98 | 0.68 | 0.6 |
| Dividend Yield(%) | 0 | 0 | 0 |
| EV/Net Sales(x) | 1.12 | 0.27 | 0.18 |
| EV/Core EBITDA(x) | 42.81 | 10.47 | 8.01 |
| Net Sales Growth(%) | 0 | 103.95 | 70.06 |
| EBIT Growth(%) | 0 | 52.54 | 118.59 |
| PAT Growth(%) | 0 | 83.57 | 78.1 |
| EPS Growth(%) | 0 | 68.29 | 72.93 |
| Debt/Equity(x) | 0.17 | 0.08 | 0.15 |
| Current Ratio(x) | 2.42 | 2.04 | 1.9 |
| Quick Ratio(x) | 2.35 | 2 | 1.88 |
| Interest Cover(x) | 9.92 | 24.2 | 15.18 |
| Total Debt/Mcap(x) | 0.18 | 0.11 | 0.25 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 24.26 | 24.26 | 24.26 | 24.26 | 24.26 | 24.26 | 24.26 | 24.26 | 24.26 | 24.26 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 75.74 | 75.74 | 75.74 | 75.74 | 75.74 | 75.74 | 75.74 | 75.74 | 75.74 | 75.74 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 | 4.02 |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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