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Nirav Commercials

₹560 -7.4 | 1.3%

Market Cap ₹22 Cr.

Stock P/E 38.3

P/B 0.7

Current Price ₹560

Book Value ₹ 759.7

Face Value 10

52W High ₹952.1

Dividend Yield 0%

52W Low ₹ 400

Nirav Commercials Research see more...

Overview Inc. Year: 1985Industry: Aluminium & Aluminium Products

Nirav Commercials Share Price

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Nirav Commercials Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 2 4 2 4 2 3 2 3 3 2
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 2 4 2 4 2 3 2 3 3 2
Total Expenditure 2 4 2 4 2 3 2 3 3 2
Operating Profit 0 0 0 0 0 0 0 0 1 -0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 0 0 -0
Provision for Tax 0 0 0 -1 0 0 0 0 -0 0
Profit After Tax 0 0 0 1 0 0 0 0 0 -0
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 1 0 0 0 0 0 -0
Adjusted Earnings Per Share 0.5 5.6 3.6 27.2 4.9 5.6 3.3 3.8 12.3 -4.9

Nirav Commercials Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 7 8 9 7 12 6 5 4 5 11 10 10
Other Income 0 0 0 0 0 9 1 1 10 1 1 0
Total Income 7 8 9 7 12 15 6 5 15 12 11 10
Total Expenditure 7 7 9 7 11 6 6 5 6 11 10 10
Operating Profit 0 1 0 0 1 8 0 0 9 1 1 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 1 8 0 0 9 1 1 0
Provision for Tax 0 0 0 0 0 2 -0 0 0 -1 0 0
Profit After Tax 0 0 0 0 0 7 0 0 9 1 1 0
Adjustments 0 0 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments 0 0 0 0 0 7 0 0 9 2 1 0
Adjusted Earnings Per Share 4.2 9.4 6.9 4.3 10.2 167.5 3.9 0.9 236.8 36.7 17.1 14.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -9% 36% 11% 4%
Operating Profit CAGR 0% 0% -34% 0%
PAT CAGR 0% 0% -32% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 10% 27% 21% 7%
ROE Average 2% 17% 10% 10%
ROCE Average 3% 16% 10% 12%

Nirav Commercials Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 10 10 10 10 11 17 18 17 27 29 29
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 -0 -0 -0 -0 -0 0 0 0
Total Current Liabilities 1 1 1 1 2 2 2 1 1 1 2
Total Liabilities 11 11 11 11 13 19 19 19 28 30 31
Fixed Assets 1 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 4 4 4 4 4 4 4 4 1 14 12
Total Current Assets 6 6 6 7 8 15 15 15 26 16 19
Total Assets 11 11 11 11 13 19 19 19 28 30 31

Nirav Commercials Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities -1 -0 -0 -0 -0 -0 -0 -10 -11 14 4
Cash Flow from Investing Activities 0 0 0 0 0 0 0 9 11 -14 -3
Cash Flow from Financing Activities 0 0 0 0 0 0 0 1 1 1 0
Net Cash Inflow / Outflow -1 0 0 -0 0 -0 0 -0 -0 0 1
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 2

Nirav Commercials Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 4.18 9.36 6.95 4.31 10.18 167.5 3.91 0.94 236.8 36.74 17.11
CEPS(Rs) 6.52 11.18 8.87 5.82 11.35 168.53 5.25 2.16 237.95 37.93 18.19
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 245.9 255.26 261.17 265.48 275.66 443.16 447.08 445.35 682.47 727.67 743.03
Core EBITDA Margin(%) 0.41 2.23 0.54 -1.91 3.75 -3.9 -12.39 -32.22 -8.36 -0.38 0.62
EBIT Margin(%) 3.29 6.93 4.1 2.99 5.95 133.76 3.11 1.37 177.63 6.43 9.51
Pre Tax Margin(%) 3.01 6.39 3.57 2.83 4.52 133.51 2.9 1.06 177.42 6.23 9.08
PAT Margin (%) 2.28 4.74 2.99 2.34 3.37 106.77 2.94 0.99 176.61 12.99 6.98
Cash Profit Margin (%) 3.56 5.66 3.82 3.16 3.76 107.42 3.95 2.27 177.47 13.41 7.41
ROA(%) 1.54 3.41 2.5 1.54 3.36 41.49 0.81 0.2 40.14 5.01 2.19
ROE(%) 1.72 3.74 2.69 1.64 3.76 46.6 0.88 0.21 41.99 5.21 2.33
ROCE(%) 2.42 5.38 3.65 2.07 6.62 58.39 0.93 0.29 42.24 2.58 3.17
Receivable days 48.16 54.39 53 59.47 66.76 131.38 77.75 83.14 77.68 42.06 64.89
Inventory Days 110.9 106.14 95.08 114.46 72.67 160.13 195.52 270.15 156.21 63.58 86.9
Payable days 36.03 22.1 13.57 17.9 30.13 109.87 98.5 77.89 16 6.12 37.59
PER(x) 119 55.42 32.83 25.92 22.97 1.37 60.62 0 1.49 10.67 27.6
Price/Book(x) 2.02 2.03 0.87 0.42 0.85 0.52 0.53 0 0.52 0.54 0.64
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 2.8 2.69 0.98 0.62 0.77 1.46 1.71 0.02 2.6 1.36 1.74
EV/Core EBITDA(x) 59.53 33.25 19.53 15.93 11.97 1.07 41.56 0.74 1.46 19.87 17.53
Net Sales Growth(%) 2.37 7.86 18.41 -20.84 65.99 -48.15 -14.25 -28.56 41.22 110.98 -13.28
EBIT Growth(%) -18.67 127.25 -30.42 -42.18 226.53 1066.23 -98.03 -68.52 0 -92.36 28.21
PAT Growth(%) -18.31 123.81 -25.8 -37.9 136.09 1544.84 -97.66 -75.96 0 -84.48 -53.43
EPS Growth(%) -18.31 123.81 -25.8 -37.9 136.09 1544.84 -97.66 -75.96 0 -84.48 -53.43
Debt/Equity(x) 0.02 0.01 0.01 0.01 0 0 0 0 0 0 0
Current Ratio(x) 6.86 7.54 10.47 9.1 4.4 9.05 9.84 11.52 35.09 10.92 8.6
Quick Ratio(x) 4.26 4.72 6.5 6.16 3 7.34 8.03 9.38 32.7 9.5 7.45
Interest Cover(x) 11.82 12.93 7.79 17.69 4.15 526.32 14.96 4.35 826.22 31.84 22.2
Total Debt/Mcap(x) 0.01 0.01 0.01 0.02 0 0 0 0 0 0 0

Nirav Commercials Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 51.95 51.95 51.95 51.95 51.95 51.95 51.95 51.95 51.95 51.95
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 48.05 48.05 48.05 48.05 48.05 48.05 48.05 48.05 48.05 48.05
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 0.7 times its book value
  • Company is almost debt free.

Cons

  • Debtor days have increased from 6.12 to 37.59days.
  • The company has delivered a poor profit growth of -32% 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.

Nirav Commercials News

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