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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Nagreeka Exports Ltd

About the Company - Nagreeka Exports Ltd

Nagreeka Exports Ltd. is a Public Limited Listed company incorporated on 06/03/1989 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L18101WB1989PLC046387 and registration number is 046387. Currently Company is involved in the business activities of Preparation and spinning of jute, mesta and other natural fibers including blended natural fibers *blended yarn/fabrics means, yarn/fabrics containing more than 50% of one fiber.. Company’s Total Operating Revenue is Rs. 551.79 Cr. and Equity Capital is Rs. 6.26 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Spinning - Cotton Blended18, R N Mukherjee Road, Kolkata West Bengal 700001compsect.nel@nagreeka.com
http://www.nagreeka.com
Management
NamePosition Held
Mr. Sushil PatwariChairman
Mr. Sunil Ishwarlal PatwariManaging Director
Mr. Mahendra Ishwarlal PatwariWhole Time Director
Mr. D Das ChoudharyWhole Time Director
Mr. Tushar JhunjhunwalaDirector
Mr. Rajendra M RuiaDirector
Ms. Surabhi SanganeriaDirector
Mr. Pawan Kishore HarlalkaDirector

Basic Stock Data of Nagreeka Exports Ltd

Last Updated: May 30, 2024, 6:19 am

Market Cap 96.2 Cr.
Current Price 30.8
High / Low49.8/20.5
Stock P/E9.98
Book Value 36.7
Dividend Yield0.00 %
ROCE3.82 %
ROE2.92 %
Face Value 5.00
PEG Ratio0.14

Competitors of Nagreeka Exports Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Maral Overseas Ltd 300 Cr. 72.2102/44.2 31.70.00 %4.55 %7.17 % 10.0
Vardhman Polytex Ltd 258 Cr. 9.4612.3/4.57 13.20.00 %%% 1.00
Spentex Industries Ltd 25.1 Cr. 2.803.55/1.30 61.10.00 %%% 10.0
Bhilwara Spinners Ltd 107 Cr. 119160/38.5219 48.10.00 %1.13 %1.39 % 10.0
Shiva Texyarn Ltd 216 Cr. 166201/113 95.00.00 %%% 10.0
Industry Average181.22 Cr73.8943.8049.820.00%1.14%1.71%8.20

Nagreeka Exports Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales111.31113.27146.60133.87115.15156.17119.9273.0470.05125.50130.34137.48152.18
Expenses109.15107.17139.67126.25107.22150.59114.1575.5965.28117.34124.48129.81145.25
Operating Profit2.166.106.937.627.935.585.77-2.554.778.165.867.676.93
OPM %1.94%5.39%4.73%5.69%6.89%3.57%4.81%-3.49%6.81%6.50%4.50%5.58%4.55%
Other Income0.07-0.060.410.020.000.500.540.290.690.760.540.030.03
Interest3.413.603.753.343.732.803.411.603.262.453.463.453.88
Depreciation1.821.771.831.851.841.771.841.841.831.801.821.851.84
Profit before tax-3.000.671.762.452.361.511.06-5.700.374.671.122.401.24
Tax %34.33%-673.13%-6.82%-4.49%-19.49%170.20%-89.62%1.05%-13.51%-33.83%-12.50%12.08%97.58%
Net Profit-1.975.181.882.562.82-1.072.02-5.640.416.251.252.110.03
EPS in Rs-0.631.660.600.820.90-0.340.65-1.810.132.000.400.680.01

Last Updated: April 10, 2024, 4:19 am

Nagreeka Exports Ltd Quarterly Chart

Nagreeka Exports Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales495642630472491614547606472385552389463
Expenses471610595446470591525587455378523372437
Operating Profit2432352621222220187291626
OPM %5%5%6%5%4%4%4%3%4%2%5%4%6%
Other Income2356102150022
Interest17212021121314121414141113
Depreciation77106677777777
Profit before tax1610543321-14809
Tax %-81%31%52%-12%28%70%28%-69%36%39%23%-658%
Net Profit245531231-86310
EPS in Rs1.743.543.894.042.030.801.912.500.54-6.664.952.428.02
Dividend Payout %0%14%13%0%0%0%0%0%0%0%0%0%

Nagreeka Exports Ltd Profit & Loss Yearly Chart

Nagreeka Exports Ltd Growth

Compounded Sales Growth
10 Years:-5%
5 Years:-7%
3 Years:-6%
TTM:30%
Compounded Profit Growth
10 Years:-3%
5 Years:6%
3 Years:70%
TTM:325%
Stock Price CAGR
10 Years:11%
5 Years:25%
3 Years:51%
1 Year:60%
Return on Equity
10 Years:2%
5 Years:1%
3 Years:0%
Last Year:3%

Last Updated: May 1, 2024, 9:50 am

Nagreeka Exports Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital6666666666666
Reserves80848893959710710610095103105108
Preference Capital000000222222
Borrowings150200221188193187169170175205188178192
Other Liabilities40536354688668767946494043
Total Liabilities276342378341362376351358360352346329349
Fixed Assets83136133129130134134130126118114107102
CWIP13022400000000
Investments1414141418192014881199
Other Assets166192230195211223197215226226221213239
Total Assets276342378341362376351358360352346329349

Nagreeka Exports Ltd Reserves and Borrowings Chart

Nagreeka Exports Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 4311-12581526211310-123220
Cash from Investing Activity -13-44-32-12-9-51-45-41
Cash from Financing Activity -283015-60-2-18-18-10-99-31-21
Net Cash Flow2-3-0-01-0-14-32-30

Nagreeka Exports Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days11817182228181617211220
Inventory Days825767728566735987113101155
Days Payable1116162433219142614106
Cash Conversion Cycle824967667574816178121102169
Working Capital Days9885104119115819287119177121171
ROCE %8%11%10%9%5%6%6%5%5%0%7%4%

Nagreeka Exports Ltd Financial Efficiency Indicators Chart

Nagreeka Exports Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters52.87%52.87%52.87%52.87%52.87%52.87%52.87%52.87%52.87%52.87%52.87%57.32%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.03%0.00%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public47.11%47.11%47.11%47.11%47.11%47.13%47.12%47.10%47.11%47.12%47.08%42.67%
No. of Shareholders8,0818,2397,8767,8709,0048,9159,1879,0488,7938,7379,27611,561

Nagreeka Exports Ltd Shareholding Pattern Chart

No. of Nagreeka Exports Ltd Shareholders

This stock is not held by any mutual fund

Nagreeka Exports Ltd ROCE Trend

Nagreeka Exports Ltd EPS Trend

Nagreeka Exports Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)2.434.96-6.660.552.51
Diluted EPS (Rs.)2.434.96-6.660.552.51
Cash EPS (Rs.)8.2710.78-0.886.288.12
Book Value[Excl.RevalReserv]/Share (Rs.)88.7787.2380.5785.1189.70
Book Value[Incl.RevalReserv]/Share (Rs.)88.7787.2380.5785.1189.70
Revenue From Operations / Share (Rs.)310.56441.08307.76377.55484.80
PBDIT / Share (Rs.)14.7323.176.0417.8316.93
PBIT / Share (Rs.)8.8817.350.2712.1011.32
PBT / Share (Rs.)0.326.46-10.950.851.48
Net Profit / Share (Rs.)2.434.95-6.650.542.50
PBDIT Margin (%)4.745.251.964.723.49
PBIT Margin (%)2.863.930.083.202.33
PBT Margin (%)0.101.46-3.550.220.30
Net Profit Margin (%)0.781.12-2.160.140.51
Return on Networth / Equity (%)2.735.67-8.250.642.79
Return on Capital Employeed (%)6.1812.720.2210.669.06
Return On Assets (%)0.921.78-2.360.180.87
Long Term Debt / Equity (X)0.490.410.380.110.18
Total Debt / Equity (X)1.601.721.891.571.45
Asset Turnover Ratio (%)1.151.581.081.311.71
Current Ratio (X)1.411.251.131.011.03
Quick Ratio (X)0.580.590.660.610.63
Inventory Turnover Ratio (X)1.662.191.392.162.54
Interest Coverage Ratio (X)1.722.130.531.591.72
Interest Coverage Ratio (Post Tax) (X)1.281.450.401.051.25
Enterprise Value (Cr.)217.97234.91206.73176.79188.28
EV / Net Operating Revenue (X)0.560.420.530.370.31
EV / EBITDA (X)11.838.1027.357.938.89
MarketCap / Net Operating Revenue (X)0.100.080.040.020.04
Price / BV (X)0.350.430.180.090.24
Price / Net Operating Revenue (X)0.100.080.040.020.04
EarningsYield0.070.13-0.440.060.11

Nagreeka Exports Ltd Profitability Ratios (%)

Nagreeka Exports Ltd Liquidity Ratios

Nagreeka Exports Ltd Liquidity Ratios (%)

Nagreeka Exports Ltd Interest Coverage Ratios (%)

Nagreeka Exports Ltd Valuation Ratios

Fair Value

Fair Value: ₹10.91

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.

Overvalued: 64.58% compared to the current price ₹30.8

Intrinsic Value: ₹18.71

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.

Overvalued: 39.24% compared to the current price ₹30.8

Last 5 Year EPS CAGR: 71.54%

*Investments are subject to market risks

Strength and Weakness of Nagreeka Exports Ltd Stock

StrengthWeakness
  1. The company has higher reserves (97.00 cr) compared to borrowings (0.92 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (519.85 cr) and profit (2.92 cr) over the years.
  1. The stock has a low average ROCE of 6.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 114.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 85.42, which may not be favorable.

FAQ

What is the latest fair value of Nagreeka Exports Ltd?

The latest fair value of Nagreeka Exports Ltd is ₹10.91.

What is the Market Cap of Nagreeka Exports Ltd?

The Market Cap of Nagreeka Exports Ltd is 96.2 Cr..

What is the current Stock Price of Nagreeka Exports Ltd as on 30 May 2024?

The current stock price of Nagreeka Exports Ltd as on 30 May 2024 is ₹30.8.

What is the High / Low of Nagreeka Exports Ltd stocks in FY 2024?

In FY 2024, the High / Low of Nagreeka Exports Ltd stocks is 49.8/20.5.

What is the Stock P/E of Nagreeka Exports Ltd?

The Stock P/E of Nagreeka Exports Ltd is 9.98.

What is the Book Value of Nagreeka Exports Ltd?

The Book Value of Nagreeka Exports Ltd is 36.7.

What is the Dividend Yield of Nagreeka Exports Ltd?

The Dividend Yield of Nagreeka Exports Ltd is 0.00 %.

What is the ROCE of Nagreeka Exports Ltd?

The ROCE of Nagreeka Exports Ltd is 3.82 %.

What is the ROE of Nagreeka Exports Ltd?

The ROE of Nagreeka Exports Ltd is 2.92 %.

What is the Face Value of Nagreeka Exports Ltd?

The Face Value of Nagreeka Exports Ltd is 5.00.

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 Nagreeka Exports 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