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Last Updated on: 24 February, 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

Nagreeka Exports Ltd. Share Price Update

Share PriceValue
Today₹35.78
Previous Day₹36.51

Basic Stock Data of Nagreeka Exports Ltd

Market Cap 110 Cr.
Current Price 35.3
High / Low44.9/15.6
Stock P/E11.4
Book Value 36.7
Dividend Yield0.00 %
ROCE3.82 %
ROE2.92 %
Face Value 5.00

Data Source: screener.in

Competitors of Nagreeka Exports Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Nitin Spinners Ltd 2,067 Cr. 368440/20215.8 1910.67 %11.9 %17.2 % 10.0
Super Spinning Mills Ltd 53.1 Cr. 9.6511.7/5.30 14.90.00 %7.08 %15.0 % 1.00
Pashupati Cotspin Ltd 156 Cr. 102128/90.042.3 72.30.73 %5.59 %3.74 % 10.0
Suryalakshmi Cotton Mills Ltd 153 Cr. 81.289.5/43.418.6 1410.00 %10.3 %5.91 % 10.0
Mohini Health & Hygiene Ltd 110 Cr. 60.597.0/45.616.2 52.00.00 %12.1 %7.92 % 10.0
Industry Average94.82 Cr124.2718.5894.240.28%9.39%9.95%8.2

Nagreeka Exports Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales84.66111.31113.27146.60133.87115.15156.17119.9273.0470.05125.50130.34137.48
Expenses83.01109.15107.17139.67126.25107.22150.59114.1575.5965.28117.34124.48129.81
Operating Profit1.652.166.106.937.627.935.585.77-2.554.778.165.867.67
OPM %1.95%1.94%5.39%4.73%5.69%6.89%3.57%4.81%-3.49%6.81%6.50%4.50%5.58%
Other Income0.240.07-0.060.410.020.000.500.540.290.690.760.540.03
Interest3.083.413.603.753.343.732.803.411.603.262.453.463.45
Depreciation1.841.821.771.831.851.841.771.841.841.831.801.821.85
Profit before tax-3.03-3.000.671.762.452.361.511.06-5.700.374.671.122.40
Tax %-7.59%34.33%-673.13%-6.82%-4.49%-19.49%170.20%-89.62%1.05%-13.51%-33.83%-12.50%12.08%
Net Profit-3.27-1.975.181.882.562.82-1.072.02-5.640.416.251.252.11
EPS in Rs-2.62-1.584.141.502.052.26-0.861.62-4.510.335.001.001.69

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:15%
5 Years:26%
3 Years:56%
1 Year:103%
Return on Equity
10 Years:2%
5 Years:1%
3 Years:0%
Last Year:3%

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

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters52.87%52.87%52.87%52.87%52.87%52.87%52.87%52.87%52.87%52.87%52.87%52.87%
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%47.11%47.11%47.13%47.12%47.10%47.11%47.12%
No. of Shareholders7,9147,8728,0818,2397,8767,8709,0048,9159,1879,0488,7938,737

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 of Nagreeka Exports Ltd Stock

Fair Value: ₹12.46

The stock is overvalued by 64.70% compared to the current price ₹35.3

*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 is trading at a high valuation with an average P/B ratio of 9.98 and average Dividend Yield of -0.29%.
  2. The stock has a low average ROCE of 6.33%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 114.08, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 85.42, which may not be favorable.

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