Fundamental Analysis of Nahar Capital & Financial Services Ltd
About the Company - Nahar Capital & Financial Services Ltd
Nahar Capital & Financial Services Ltd. is a Public Limited Listed company incorporated on 31/03/2006 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L45202PB2006PLC029968 and registration number is 029968. Currently Company is involved in the business activities of Trusts, funds and other financial vehicles. Company’s Total Operating Revenue is Rs. 36.75 Cr. and Equity Capital is Rs. 8.37 Cr. for the Year ended 31/03/2022.
Nahar Capital & Financial Services Ltd Quarterly Results
Month
Dec 2020
Mar 2021
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Sales
4.56
5.50
4.62
10.21
10.91
4.29
5.31
8.70
6.21
5.32
5.87
7.82
3.93
Expenses
1.43
2.02
2.44
1.44
1.81
2.11
1.87
1.70
7.33
2.52
12.63
6.74
13.31
Operating Profit
3.13
3.48
2.18
8.77
9.10
2.18
3.44
7.00
-1.12
2.80
-6.76
1.08
-9.38
OPM %
68.64%
63.27%
47.19%
85.90%
83.41%
50.82%
64.78%
80.46%
-18.04%
52.63%
-115.16%
13.81%
-238.68%
Other Income
25.03
39.56
58.93
76.55
85.47
63.46
40.00
26.51
6.31
9.47
7.56
5.19
10.21
Interest
0.03
0.07
0.04
0.01
0.04
0.00
0.07
0.04
0.01
0.01
0.00
0.09
0.03
Depreciation
0.20
0.24
0.26
0.26
0.26
0.25
0.26
0.26
0.26
0.25
0.26
0.26
0.26
Profit before tax
27.93
42.73
60.81
85.05
94.27
65.39
43.11
33.21
4.92
12.01
0.54
5.92
0.54
Tax %
14.75%
13.46%
4.11%
34.23%
24.82%
36.78%
-23.10%
0.51%
-0.61%
-30.47%
500.00%
12.16%
125.93%
Net Profit
23.81
36.99
58.32
55.94
70.87
41.33
53.07
33.03
4.95
15.66
-2.16
5.20
-0.15
EPS in Rs
14.22
22.09
34.83
33.40
42.32
24.68
31.69
19.72
2.96
9.35
-1.29
3.11
-0.09
Last Updated: July 12, 2024, 11:09 am
Nahar Capital & Financial Services Ltd Quarterly Chart
Nahar Capital & Financial Services Ltd Profit & Loss
Last Updated: July 10, 2024, 8:02 pm
Month
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
TTM
Sales
24
18
30
27
24
18
46
42
33
23
Expenses
2
6
3
9
9
14
5
8
8
35
Operating Profit
21
12
27
18
15
4
40
34
25
-12
OPM %
90%
69%
90%
68%
61%
25%
88%
81%
76%
-53%
Other Income
0
0
0
0
17
0
45
273
69
32
Interest
0
0
0
0
0
1
0
0
0
0
Depreciation
0
0
0
0
0
1
1
1
1
1
Profit before tax
22
12
27
18
31
4
84
306
93
19
Tax %
19%
16%
18%
-6%
19%
-3%
27%
26%
-14%
Net Profit
19
40
63
19
25
4
61
226
107
19
EPS in Rs
11.23
23.87
37.58
11.21
14.92
2.21
36.41
135.23
63.73
11.08
Dividend Payout %
13%
6%
4%
13%
10%
23%
4%
2%
2%
Nahar Capital & Financial Services Ltd Profit & Loss Yearly Chart
Nahar Capital & Financial Services Ltd Growth
Compounded Sales Growth
10 Years:
%
5 Years:
0%
3 Years:
-19%
TTM:
-28%
Compounded Profit Growth
10 Years:
%
5 Years:
-14%
3 Years:
-42%
TTM:
-89%
Stock Price CAGR
10 Years:
15%
5 Years:
37%
3 Years:
9%
1 Year:
11%
Return on Equity
10 Years:
%
5 Years:
7%
3 Years:
9%
Last Year:
1%
Last Updated: July 25, 2024, 5:51 am
Nahar Capital & Financial Services Ltd Balance Sheet
Last Updated: July 10, 2024, 8:02 pm
Month
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Sep 2023
Equity Capital
8
8
8
8
8
8
8
8
8
8
Reserves
577
613
675
994
997
783
1,035
1,551
1,520
1,540
Borrowings
0
15
15
24
5
4
6
2
0
1
Other Liabilities
9
7
8
71
74
72
106
173
152
159
Total Liabilities
593
643
707
1,098
1,085
867
1,156
1,733
1,681
1,708
Fixed Assets
8
7
17
20
38
41
56
55
54
54
CWIP
24
25
18
0
11
16
0
1
0
0
Investments
542
589
634
1,035
1,000
739
1,014
1,652
1,617
1,645
Other Assets
20
22
37
43
37
72
86
26
9
9
Total Assets
593
643
707
1,098
1,085
867
1,156
1,733
1,681
1,708
Nahar Capital & Financial Services Ltd Reserves and Borrowings Chart
Nahar Capital & Financial Services Ltd Cash Flow
Month
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating Activity
8
4
-8
-23
29
138
-55
-69
-23
-11
Cash from Investing Activity
-17
-1
12
27
-25
-134
56
75
26
12
Cash from Financing Activity
8
-3
-3
-3
-3
-4
-1
-5
-3
-3
Net Cash Flow
-0
-0
1
-0
0
-0
1
1
-0
-1
Nahar Capital & Financial Services Ltd Financial Efficiency Indicators
Month
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Debtor Days
0
0
0
0
0
0
0
0
0
Inventory Days
Days Payable
Cash Conversion Cycle
0
0
0
0
0
0
0
0
0
Working Capital Days
162
301
328
2
382
545
191
116
37
ROCE %
2%
4%
2%
3%
0%
9%
23%
6%
Nahar Capital & Financial Services Ltd Financial Efficiency Indicators Chart
Nahar Capital & Financial Services Ltd Share Holding Pattern
Month
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoters
71.24%
71.42%
71.47%
71.54%
71.55%
71.55%
71.55%
71.55%
71.55%
71.55%
71.55%
71.65%
FIIs
0.11%
0.15%
0.38%
0.49%
0.48%
0.46%
0.32%
0.31%
0.31%
0.31%
0.31%
0.34%
DIIs
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
Public
28.63%
28.41%
28.13%
27.95%
27.95%
27.97%
28.13%
28.12%
28.13%
28.12%
28.12%
27.98%
No. of Shareholders
13,643
12,306
13,736
14,631
14,787
14,349
14,163
13,966
13,881
13,444
13,711
13,023
Nahar Capital & Financial Services Ltd Shareholding Pattern Chart
No. of Nahar Capital & Financial Services Ltd Shareholders
This stock is not held by any mutual fund
Nahar Capital & Financial Services Ltd ROCE Trend
Nahar Capital & Financial Services Ltd EPS Trend
Nahar Capital & Financial Services 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.)
7.03
63.73
135.23
36.41
2.21
Diluted EPS (Rs.)
7.03
63.73
135.23
36.41
2.21
Cash EPS (Rs.)
23.88
23.38
-26.15
10.74
7.06
Book Value[Excl.RevalReserv]/Share (Rs.)
920.71
912.70
931.13
623.08
472.35
Book Value[Incl.RevalReserv]/Share (Rs.)
920.71
912.70
931.13
623.08
472.35
Revenue From Operations / Share (Rs.)
14.26
15.25
17.93
13.05
6.11
PBDIT / Share (Rs.)
25.87
15.41
21.12
24.42
7.30
PBIT / Share (Rs.)
25.25
14.80
20.50
23.92
6.86
PBT / Share (Rs.)
25.16
14.72
20.45
23.82
6.55
Net Profit / Share (Rs.)
23.26
22.76
-26.76
10.25
6.62
NP After MI And SOA / Share (Rs.)
7.03
63.73
135.23
36.41
2.21
PBDIT Margin (%)
181.42
101.06
117.75
187.06
119.36
PBIT Margin (%)
177.08
97.01
114.34
183.25
112.19
PBT Margin (%)
176.48
96.49
114.04
182.46
107.15
Net Profit Margin (%)
163.11
149.26
-149.23
78.48
108.31
NP After MI And SOA Margin (%)
49.27
417.87
754.15
278.91
36.10
Return on Networth / Equity (%)
0.76
6.98
14.52
5.84
0.46
Return on Capital Employeed (%)
2.49
1.47
1.98
3.51
1.34
Return On Assets (%)
0.69
6.34
13.06
5.27
0.42
Total Debt / Equity (X)
0.00
0.00
0.00
0.01
0.01
Asset Turnover Ratio (%)
0.01
0.01
0.03
0.02
0.01
Current Ratio (X)
201.65
454.70
255.63
75.43
61.32
Quick Ratio (X)
201.51
453.81
253.34
73.48
58.99
Dividend Payout Ratio (NP) (%)
0.00
2.35
2.21
1.37
67.97
Dividend Payout Ratio (CP) (%)
0.00
2.33
2.20
1.35
56.71
Earning Retention Ratio (%)
0.00
97.65
97.79
98.63
32.03
Cash Earning Retention Ratio (%)
0.00
97.67
97.80
98.65
43.29
Interest Coverage Ratio (X)
305.92
194.49
389.88
235.02
23.70
Interest Coverage Ratio (Post Tax) (X)
276.05
288.25
-493.08
99.61
22.50
Enterprise Value (Cr.)
468.92
410.84
986.43
174.88
68.52
EV / Net Operating Revenue (X)
19.64
16.09
32.85
8.00
6.69
EV / EBITDA (X)
10.82
15.92
27.89
4.28
5.61
MarketCap / Net Operating Revenue (X)
19.49
16.16
33.03
8.09
7.13
Retention Ratios (%)
0.00
97.64
97.78
98.62
32.02
Price / BV (X)
0.30
0.27
0.63
0.16
0.09
Price / Net Operating Revenue (X)
19.49
16.16
33.03
8.09
7.13
EarningsYield
0.02
0.25
0.22
0.34
0.05
Nahar Capital & Financial Services Ltd Profitability Ratios (%)
Nahar Capital & Financial Services Ltd Liquidity Ratios
Nahar Capital & Financial Services Ltd Liquidity Ratios (%)
Nahar Capital & Financial Services Ltd Interest Coverage Ratios (%)
Nahar Capital & Financial Services Ltd Valuation Ratios
Fair Value
Fair Value: 238.61
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: 26.36% compared to the current price 324
Intrinsic Value: 329.39
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: 1.66% compared to the current price 324
Last 5 Year EPS CAGR: 38.05%
*Investments are subject to market risks
Strength and Weakness of Nahar Capital & Financial Services Ltd Stock
Strength
Weakness
The stock has a low average Cash Conversion Cycle of 0.00, which is a positive sign.
The company has higher reserves (962.40 cr) compared to borrowings (7.50 cr), indicating strong financial stability.
The company has shown consistent growth in sales (28.50 cr) and profit (61.60 cr) over the years.
The stock has a low average ROCE of 5.44%, which may not be favorable.
The stock has a high average Working Capital Days of 229.33, which may not be favorable.
Should I Buy Nahar Capital & Financial Services Ltd Share Now?
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 Nahar Capital & Financial Services Ltd:
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.
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.
✗ ROE%: 0.76% (Industry Average ROE: 27.10%)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
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.
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.
✓ Stock P/E: 46.2 (Industry average Stock P/E: 82.93)
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.
✓ Total Debt / Equity: 0.00
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:★★★★☆
FAQ
What is the latest fair value of Nahar Capital & Financial Services Ltd?
The latest fair value of Nahar Capital & Financial Services Ltd is ₹238.61.
What is the Market Cap of Nahar Capital & Financial Services Ltd?
The Market Cap of Nahar Capital & Financial Services Ltd is 544 Cr..
What is the current Stock Price of Nahar Capital & Financial Services Ltd as on 27 July 2024?
The current stock price of Nahar Capital & Financial Services Ltd as on 27 July 2024 is 324.
What is the High / Low of Nahar Capital & Financial Services Ltd stocks in FY 2024?
In FY 2024, the High / Low of Nahar Capital & Financial Services Ltd stocks is 359/264.
What is the Stock P/E of Nahar Capital & Financial Services Ltd?
The Stock P/E of Nahar Capital & Financial Services Ltd is 46.2.
What is the Book Value of Nahar Capital & Financial Services Ltd?
The Book Value of Nahar Capital & Financial Services Ltd is 530.
What is the Dividend Yield of Nahar Capital & Financial Services Ltd?
The Dividend Yield of Nahar Capital & Financial Services Ltd is 0.46 %.
What is the ROCE of Nahar Capital & Financial Services Ltd?
The ROCE of Nahar Capital & Financial Services Ltd is 1.25 %.
What is the ROE of Nahar Capital & Financial Services Ltd?
The ROE of Nahar Capital & Financial Services Ltd is 0.97 %.
What is the Face Value of Nahar Capital & Financial Services Ltd?
The Face Value of Nahar Capital & Financial Services 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 Nahar Capital & Financial Services 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
