Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

NACL Industries Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 9:45 pm

Market Cap 999 Cr.
Current Price 50.3
High / Low85.0/49.0
Stock P/E
Book Value 25.4
Dividend Yield0.00 %
ROCE0.04 %
ROE10.8 %
Face Value 1.00
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for NACL Industries Ltd

Competitors of NACL Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Epigral Ltd 8,306 Cr. 1,9292,408/88628.4 3370.26 %17.5 %16.9 % 10.0
Dharmaj Crop Guard Ltd 918 Cr. 273390/19722.7 1170.00 %14.5 %13.2 % 10.0
Bhaskar Agrochemicals Ltd 36.4 Cr. 69.8122/46.118.5 29.20.00 %14.7 %13.4 % 10.0
Bhagiradha Chemicals & Industries Ltd 3,841 Cr. 310448/117143 51.00.03 %9.69 %6.27 % 1.00
Best Agrolife Ltd 1,393 Cr. 590918/45437.8 3200.51 %16.5 %18.1 % 10.0
Industry Average11,925.47 Cr1,737.9741.23387.580.32%13.80%15.51%7.35

All Competitor Stocks of NACL Industries Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales265330325443400471475565480599376580365
Expenses239302296402370431442511443531405550361
Operating Profit26292841294033543867-29314
OPM %10%9%9%9%7%8%7%10%8%11%-8%5%1%
Other Income3635422334312
Interest8666778101217182019
Depreciation6666667769777
Profit before tax14231933202720402246-516-20
Tax %36%23%25%27%29%25%26%25%25%27%25%28%22%
Net Profit9171424142015301734-384-16
EPS in Rs0.470.890.721.230.731.030.751.510.831.69-1.910.21-0.80

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales6436016367466927358478651,0151,1911,6332,1161,920
Expenses5725836257016366797988529461,0781,4951,9221,847
Operating Profit71181144565649146911313819373
OPM %11%3%2%6%8%8%6%2%7%10%8%9%4%
Other Income418162618412027815131010
Interest33312835373833342928274774
Depreciation27252225272820202425252829
Profit before tax14-20-2310113115-132475100128-19
Tax %49%36%9%27%18%-4%25%48%30%32%26%26%
Net Profit7-13-218103312-717517395-16
EPS in Rs0.40-0.70-1.320.540.622.090.74-0.420.872.603.704.77-0.81
Dividend Payout %31%0%0%19%16%6%17%0%12%15%15%15%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-285.71%-61.54%138.10%25.00%230.00%-63.64%-158.33%342.86%200.00%43.14%30.14%
Change in YoY Net Profit Growth (%)0.00%224.18%199.63%-113.10%205.00%-293.64%-94.70%501.19%-142.86%-156.86%-13.00%

NACL Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:11%
5 Years:16%
3 Years:14%
TTM:-22%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-292%
Stock Price CAGR
10 Years:14%
5 Years:14%
3 Years:-10%
1 Year:-33%
Return on Equity
10 Years:7%
5 Years:8%
3 Years:7%
Last Year:-11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:01 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital15161616161617192020202020
Reserves180159162170213223247338397469554491486
Borrowings177219228232213237210268202531724789522
Other Liabilities228227260193209237268330357496616518617
Total Liabilities6006216656116517137429559761,5161,9141,8181,645
Fixed Assets172182176167163158141191220238402439457
CWIP111812675214236116714729
Investments4912139914151613141515
Other Assets4134114664264735415667077041,1481,4271,3181,144
Total Assets6006216656116517137429559761,5161,9141,8181,645

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +7631404658243610383-124-2050
Cash from Investing Activity +-5-47-18-12-6-14-27-9714-163-143-38
Cash from Financing Activity +-7411-27-33-58-11-970-113290134-22
Net Cash Flow-3-5-41-5-1077-162-28-9

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow71.00-159.00-208.00-184.00-176.00-157.00-188.00-196.00-199.00-89.00-393.00-531.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days1009210899110124113129103118133157
Inventory Days1541401381531891411348410012411292
Days Payable113971218912712712513712011211087
Cash Conversion Cycle1411351251631721371227683129135162
Working Capital Days9793901191261241259089123128148
ROCE %3%2%11%12%10%11%4%10%17%15%15%-0%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters64.16%64.00%63.97%63.97%63.97%63.83%63.83%63.83%63.80%63.72%63.65%63.65%
FIIs1.85%1.87%1.85%1.87%1.50%1.20%1.16%1.03%0.50%0.28%0.31%0.18%
DIIs0.00%0.00%0.00%0.00%0.23%0.47%0.81%0.96%0.96%0.96%0.89%0.00%
Public33.99%34.13%34.18%34.14%34.30%34.49%34.20%34.18%34.75%35.04%35.15%36.16%
No. of Shareholders21,64522,85524,07423,91123,65522,95222,44824,81026,94230,81429,56733,089

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Small Cap Fund1,909,8670.1213.951,909,8672024-11-200%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)-2.964.783.712.631.00
Diluted EPS (Rs.)-2.954.773.702.631.00
Cash EPS (Rs.)-1.646.125.103.862.06
Book Value[Excl.RevalReserv]/Share (Rs.)25.6628.8724.6321.3418.53
Book Value[Incl.RevalReserv]/Share (Rs.)25.6628.8724.6321.3418.53
Revenue From Operations / Share (Rs.)89.29106.4182.7160.7252.69
PBDIT / Share (Rs.)1.2810.197.786.493.95
PBIT / Share (Rs.)-0.088.776.525.202.71
PBT / Share (Rs.)-3.886.395.183.781.19
Net Profit / Share (Rs.)-3.014.703.842.570.81
NP After MI And SOA / Share (Rs.)-2.964.773.702.600.86
PBDIT Margin (%)1.439.579.4010.687.49
PBIT Margin (%)-0.098.247.888.565.13
PBT Margin (%)-4.356.006.256.212.26
Net Profit Margin (%)-3.374.414.644.231.55
NP After MI And SOA Margin (%)-3.314.484.474.271.64
Return on Networth / Equity (%)-11.5216.5215.0312.184.68
Return on Capital Employeed (%)-0.2421.7818.5819.5212.99
Return On Assets (%)-3.234.954.865.221.75
Long Term Debt / Equity (X)0.290.350.350.170.06
Total Debt / Equity (X)1.541.261.080.430.69
Asset Turnover Ratio (%)0.951.241.371.241.20
Current Ratio (X)1.131.271.381.531.25
Quick Ratio (X)0.820.820.871.020.95
Inventory Turnover Ratio (X)2.953.533.874.153.11
Dividend Payout Ratio (NP) (%)-8.4312.5514.819.5513.85
Dividend Payout Ratio (CP) (%)-15.709.6811.056.385.69
Earning Retention Ratio (%)108.4387.4585.1990.4586.15
Cash Earning Retention Ratio (%)115.7090.3288.9593.6294.31
Interest Coverage Ratio (X)0.334.285.794.562.61
Interest Coverage Ratio (Post Tax) (X)0.202.983.862.811.54
Enterprise Value (Cr.)1848.802273.772034.33853.42560.76
EV / Net Operating Revenue (X)1.041.071.240.710.55
EV / EBITDA (X)72.2811.2313.196.707.37
MarketCap / Net Operating Revenue (X)0.630.760.980.620.42
Retention Ratios (%)108.4387.4485.1890.4486.14
Price / BV (X)2.202.833.301.781.20
Price / Net Operating Revenue (X)0.630.760.980.620.42
EarningsYield-0.050.050.040.060.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of NACL Industries Ltd as of November 22, 2024 is: 41.97

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.

As of November 22, 2024, NACL Industries Ltd is Overvalued by 16.56% compared to the current share price 50.30

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of NACL Industries Ltd as of November 22, 2024 is: 34.46

Calculation basis:

  • Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 22, 2024, NACL Industries Ltd is Overvalued by 31.49% compared to the current share price 50.30

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -17.89%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (443.92 cr) and profit (25.62 cr) over the years.
  1. The stock has a low average ROCE of 9.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 112.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 131.67, which may not be favorable.
  4. The company has higher borrowings (350.15) compared to reserves (314.54), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in NACL Industries Ltd:
    1. Net Profit Margin: -3.37%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: -0.24% (Industry Average ROCE: 13.8%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: -11.52% (Industry Average ROE: 15.51%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0.2
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.82
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 0 (Industry average Stock P/E: 41.23)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.54
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

NACL Industries Ltd. is a Public Limited Listed company incorporated on 11/11/1986 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L24219TG1986PLC016607 and registration number is 016607. Currently Company is involved in the business activities of Manufacture of insecticides, rodenticides, fungicides, herbicides. Company’s Total Operating Revenue is Rs. 1640.16 Cr. and Equity Capital is Rs. 19.83 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Agro Chemicals/PesticidesPlot No12-A, CBlock, Lakshmi Towers, Hyderabad Telangana 500082investors@naclind.com
http://www.naclind.com
Management
NamePosition Held
Mrs. K Lakshmi RajuChairperson & Director
Mr. M Pavan KumarManaging Director & CEO
Mr. N VijayaraghavanDirector
Mr. Sudhakar KudvaDirector
Dr. M Lakshmi KantamDirector
Mr. C Varada RajuluDirector
Mr. Ramkrishna MudholkarDirector
Mr. N Sambasiva RaoDirector
Ms. Veni MocharlaDirector
Mr. Raj KaulDirector
Mr. Santanu MukherjeeDirector
Mr. Rajesh Kumar AgarwalNominee Director
Mr. Atul ChuriwalNominee Director

FAQ

What is the latest intrinsic value of NACL Industries Ltd?

The latest intrinsic value of NACL Industries Ltd as on 21 November 2024 is ₹41.97, which is 16.56% lower than the current market price of ₹50.30.

What is the Market Cap of NACL Industries Ltd?

The Market Cap of NACL Industries Ltd is 999 Cr..

What is the current Stock Price of NACL Industries Ltd as on 21 November 2024?

The current stock price of NACL Industries Ltd as on 21 November 2024 is ₹50.3.

What is the High / Low of NACL Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of NACL Industries Ltd stocks is 85.0/49.0.

What is the Stock P/E of NACL Industries Ltd?

The Stock P/E of NACL Industries Ltd is .

What is the Book Value of NACL Industries Ltd?

The Book Value of NACL Industries Ltd is 25.4.

What is the Dividend Yield of NACL Industries Ltd?

The Dividend Yield of NACL Industries Ltd is 0.00 %.

What is the ROCE of NACL Industries Ltd?

The ROCE of NACL Industries Ltd is 0.04 %.

What is the ROE of NACL Industries Ltd?

The ROE of NACL Industries Ltd is 10.8 %.

What is the Face Value of NACL Industries Ltd?

The Face Value of NACL Industries Ltd is 1.00.

About the Author

Author Avatar
Getaka

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 NACL Industries 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