Fundamental Analysis of India Nippon Electricals Ltd
About the Company - India Nippon Electricals Ltd
India Nippon Electricals Ltd. is a Public Limited Listed company incorporated on 12/07/1984 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L31901TN1984PLC011021 and registration number is 011021. Currently Company is involved in the business activities of Manufacture of motor vehicle electrical equipment, such as generators, alternators, spark plugs, ignition wiring harnesses, power window and door systems, assembly of purchased gauges into instrument panels, voltage regulators, etc.. Company’s Total Operating Revenue is Rs. 566.27 Cr. and Equity Capital is Rs. 11.31 Cr. for the Year ended 31/03/2022.
INDUSTRY
ADDRESS
CONTACT
Auto Ancl - Electrical
No.11 & 13, Patullos Road, Chennai (Madras) Tamil Nadu 600002
India Nippon Electricals Ltd Profit & Loss Yearly Chart
India Nippon Electricals Ltd Growth
Compounded Sales Growth
10 Years:
11%
5 Years:
7%
3 Years:
15%
TTM:
10%
Compounded Profit Growth
10 Years:
11%
5 Years:
0%
3 Years:
14%
TTM:
23%
Stock Price CAGR
10 Years:
21%
5 Years:
17%
3 Years:
24%
1 Year:
64%
Return on Equity
10 Years:
11%
5 Years:
10%
3 Years:
9%
Last Year:
10%
Last Updated: July 25, 2024, 5:19 am
India Nippon Electricals Ltd Balance Sheet
Last Updated: July 10, 2024, 6:10 pm
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Sep 2023
Equity Capital
11
11
11
11
11
11
11
11
11
11
11
11
11
Reserves
175
193
202
212
245
264
331
389
408
440
494
549
576
Borrowings
0
0
0
0
0
0
0
0
5
5
4
4
3
Other Liabilities
43
40
51
55
70
86
103
109
105
137
132
154
184
Total Liabilities
229
245
264
278
326
362
445
510
529
593
641
718
774
Fixed Assets
36
42
45
47
50
57
64
66
81
91
130
134
137
CWIP
7
3
1
1
2
3
7
7
13
34
5
13
15
Investments
76
93
104
126
154
189
226
261
262
261
278
355
385
Other Assets
110
106
115
104
121
112
148
176
173
207
228
215
236
Total Assets
229
245
264
278
326
362
445
510
529
593
641
718
774
India Nippon Electricals Ltd Reserves and Borrowings Chart
India Nippon Electricals Ltd Cash Flow
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating Activity
25
18
30
33
42
27
36
52
38
7
57
63
Cash from Investing Activity
-16
-18
-17
-14
-36
-17
-17
-7
-34
28
-46
-39
Cash from Financing Activity
-12
-12
-11
-17
-7
-8
-18
-38
-15
-15
-22
-25
Net Cash Flow
-3
-12
1
2
-1
1
2
8
-10
20
-11
-1
India Nippon Electricals Ltd Financial Efficiency Indicators
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Debtor Days
68
83
71
66
69
75
72
67
83
76
66
71
Inventory Days
30
34
29
39
35
38
38
45
49
46
45
51
Days Payable
59
63
48
60
97
94
80
88
103
83
77
101
Cash Conversion Cycle
38
54
52
45
7
20
30
24
29
39
35
21
Working Capital Days
43
60
40
26
9
23
32
34
36
49
39
121
ROCE %
18%
13%
14%
15%
14%
22%
22%
15%
12%
10%
11%
India Nippon Electricals Ltd Financial Efficiency Indicators Chart
India Nippon Electricals Ltd Share Holding Pattern
Month
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Promoters
66.39%
66.39%
66.39%
70.39%
70.39%
70.38%
70.38%
70.38%
70.37%
70.37%
70.37%
70.37%
FIIs
0.00%
0.00%
0.01%
0.19%
0.13%
0.14%
0.11%
0.09%
0.08%
0.12%
0.15%
0.13%
DIIs
2.50%
2.48%
2.31%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
31.11%
31.13%
31.29%
29.43%
29.49%
29.47%
29.51%
29.53%
29.54%
29.51%
29.49%
29.50%
No. of Shareholders
17,497
19,822
19,631
18,486
18,789
18,270
18,103
18,399
18,213
17,772
17,877
18,533
India Nippon Electricals Ltd Shareholding Pattern Chart
No. of India Nippon Electricals Ltd Shareholders
This stock is not held by any mutual fund
India Nippon Electricals Ltd ROCE Trend
India Nippon Electricals Ltd EPS Trend
India Nippon Electricals Ltd Key Financial Ratios
Month
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
FaceValue
5.00
5.00
5.00
5.00
5.00
Basic EPS (Rs.)
26.21
21.32
21.76
17.52
24.02
Diluted EPS (Rs.)
26.21
21.32
21.76
17.52
24.02
Cash EPS (Rs.)
32.89
27.79
27.44
22.09
28.92
Book Value[Excl.RevalReserv]/Share (Rs.)
275.53
247.71
222.87
199.36
185.57
Book Value[Incl.RevalReserv]/Share (Rs.)
275.53
247.71
222.87
199.36
185.57
Revenue From Operations / Share (Rs.)
320.11
290.12
250.32
212.73
211.66
PBDIT / Share (Rs.)
40.34
33.36
32.49
27.19
36.64
PBIT / Share (Rs.)
33.67
26.90
26.81
22.62
32.48
PBT / Share (Rs.)
33.50
26.71
26.59
22.37
32.23
Net Profit / Share (Rs.)
26.22
21.32
21.76
17.52
24.76
NP After MI And SOA / Share (Rs.)
26.22
21.32
21.76
17.52
24.02
PBDIT Margin (%)
12.60
11.49
12.97
12.78
17.30
PBIT Margin (%)
10.51
9.27
10.70
10.63
15.34
PBT Margin (%)
10.46
9.20
10.62
10.51
15.22
Net Profit Margin (%)
8.18
7.34
8.69
8.23
11.69
NP After MI And SOA Margin (%)
8.18
7.34
8.69
8.23
11.34
Return on Networth / Equity (%)
9.51
8.60
9.76
8.78
12.94
Return on Capital Employeed (%)
11.42
10.20
11.40
10.91
16.91
Return On Assets (%)
7.08
6.71
7.67
6.68
10.26
Long Term Debt / Equity (X)
0.00
0.00
0.00
0.01
0.01
Total Debt / Equity (X)
0.00
0.00
0.00
0.01
0.01
Asset Turnover Ratio (%)
0.93
0.96
0.92
0.85
0.92
Current Ratio (X)
2.51
3.01
3.22
2.70
3.26
Quick Ratio (X)
2.11
2.55
2.77
2.35
2.86
Inventory Turnover Ratio (X)
7.59
8.35
8.51
7.91
8.49
Dividend Payout Ratio (NP) (%)
0.00
43.37
28.72
34.24
44.74
Dividend Payout Ratio (CP) (%)
0.00
33.28
22.77
27.15
38.14
Earning Retention Ratio (%)
0.00
56.63
71.28
65.76
55.26
Cash Earning Retention Ratio (%)
0.00
66.72
77.23
72.85
61.86
Interest Coverage Ratio (X)
234.00
179.67
149.86
109.61
148.04
Interest Coverage Ratio (Post Tax) (X)
153.05
115.83
101.36
71.62
101.04
Enterprise Value (Cr.)
1516.08
726.27
925.30
806.07
406.84
EV / Net Operating Revenue (X)
2.09
1.11
1.63
1.68
0.84
EV / EBITDA (X)
16.61
9.62
12.59
13.10
4.91
MarketCap / Net Operating Revenue (X)
2.12
1.14
1.70
1.73
0.89
Retention Ratios (%)
0.00
56.62
71.27
65.75
55.25
Price / BV (X)
2.46
1.34
1.91
1.85
1.02
Price / Net Operating Revenue (X)
2.12
1.14
1.70
1.73
0.89
EarningsYield
0.03
0.06
0.05
0.04
0.12
India Nippon Electricals Ltd Profitability Ratios (%)
India Nippon Electricals Ltd Liquidity Ratios
India Nippon Electricals Ltd Liquidity Ratios (%)
India Nippon Electricals Ltd Interest Coverage Ratios (%)
India Nippon Electricals Ltd Valuation Ratios
Fair Value
Fair Value: 855.37
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.
Undervalued: 6.65% compared to the current price 802
Intrinsic Value: 856.01
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.
Undervalued: 6.73% compared to the current price 802
Last 5 Year EPS CAGR: 0.07%
*Investments are subject to market risks
Strength and Weakness of India Nippon Electricals Ltd Stock
Strength
Weakness
The company has higher reserves (361.58 cr) compared to borrowings (1.75 cr), indicating strong financial stability.
The company has shown consistent growth in sales (432.69 cr) and profit (52.23 cr) over the years.
The stock has a low average ROCE of 13.83%, which may not be favorable.
The stock has a high average Working Capital Days of 42.67, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 32.83, which may not be favorable.
FAQ
What is the latest fair value of India Nippon Electricals Ltd?
The latest fair value of India Nippon Electricals Ltd is ₹855.37.
What is the Market Cap of India Nippon Electricals Ltd?
The Market Cap of India Nippon Electricals Ltd is 1,814 Cr..
What is the current Stock Price of India Nippon Electricals Ltd as on 26 July 2024?
The current stock price of India Nippon Electricals Ltd as on 26 July 2024 is 802.
What is the High / Low of India Nippon Electricals Ltd stocks in FY 2024?
In FY 2024, the High / Low of India Nippon Electricals Ltd stocks is 849/428.
What is the Stock P/E of India Nippon Electricals Ltd?
The Stock P/E of India Nippon Electricals Ltd is 30.6.
What is the Book Value of India Nippon Electricals Ltd?
The Book Value of India Nippon Electricals Ltd is 276.
What is the Dividend Yield of India Nippon Electricals Ltd?
The Dividend Yield of India Nippon Electricals Ltd is 1.28 %.
What is the ROCE of India Nippon Electricals Ltd?
The ROCE of India Nippon Electricals Ltd is 12.8 %.
What is the ROE of India Nippon Electricals Ltd?
The ROE of India Nippon Electricals Ltd is 10.0 %.
What is the Face Value of India Nippon Electricals Ltd?
The Face Value of India Nippon Electricals Ltd is 5.00.
Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in India Nippon Electricals Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
