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Last Updated on: 22 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Nila Infrastructures Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 9:43 pm

Market Cap 425 Cr.
Current Price 10.8
High / Low17.3/6.31
Stock P/E22.7
Book Value 3.91
Dividend Yield0.00 %
ROCE12.3 %
ROE7.94 %
Face Value 1.00
PEG Ratio-1.22

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

View Share Price Target for Nila Infrastructures Ltd

Competitors of Nila Infrastructures Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hampton Sky Realty Ltd 661 Cr. 24.158.2/22.425.7 5.740.00 %15.7 %10.6 % 1.00
Grovy India Ltd 93.1 Cr. 69.898.2/22.6 14.00.04 %5.79 %5.27 % 10.0
Gothi Plascon (India) Ltd 37.0 Cr. 36.353.9/28.728.3 12.45.51 %17.8 %12.9 % 10.0
Generic Engineering Construction & Projects Ltd 217 Cr. 38.471.0/32.619.5 48.70.00 %6.62 %4.37 % 5.00
Garnet Construction Ltd 55.2 Cr. 39.757.2/16.58.29 73.30.00 %4.51 %3.13 % 10.0
Industry Average15,020.86N/A41.05N/AN/A9.567.57N/A

All Competitor Stocks of Nila Infrastructures Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales29.5937.2314.5724.5423.3820.8313.5129.9728.4643.1524.4339.1634.31
Expenses25.2628.0912.6622.8521.2719.3412.8529.3327.7542.5824.7236.7930.25
Operating Profit4.339.141.911.692.111.490.660.640.710.57-0.292.374.06
OPM %14.63%24.55%13.11%6.89%9.02%7.15%4.89%2.14%2.49%1.32%-1.19%6.05%11.83%
Other Income3.231.412.353.061.983.522.933.023.033.033.323.602.25
Interest4.233.964.064.163.073.192.922.642.762.881.981.981.98
Depreciation0.450.450.470.490.480.430.460.350.350.330.370.320.33
Profit before tax2.886.14-0.270.100.541.390.210.670.630.390.683.674.00
Tax %28.82%25.41%25.93%100.00%24.07%27.34%76.19%28.36%36.51%30.77%35.29%25.34%25.50%
Net Profit1.614.65-0.60-0.540.24-1.08-0.460.06-0.070.020.232.483.21
EPS in Rs0.040.12-0.02-0.010.01-0.03-0.010.00-0.000.000.010.060.08

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales971241831952022142449783115141
Expenses741011561671661772158776112134
Operating Profit2423272836362910737
OPM %24%18%15%14%18%17%12%10%9%2%5%
Other Income4712667119111212
Interest8101591113171615119
Depreciation11122222211
Profit before tax181923232928211229
Tax %35%36%38%36%31%29%22%41%32%37%
Net Profit12121415202016-1-2-06
EPS in Rs0.400.320.380.380.510.510.42-0.02-0.05-0.010.15
Dividend Payout %25%31%29%29%22%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)0.00%16.67%7.14%33.33%0.00%-20.00%-106.25%-100.00%100.00%
Change in YoY Net Profit Growth (%)0.00%16.67%-9.52%26.19%-33.33%-20.00%-86.25%6.25%200.00%

Nila Infrastructures Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:-3%
3 Years:24%
TTM:50%
Compounded Profit Growth
10 Years:-1%
5 Years:-12%
3 Years:165%
TTM:606%
Stock Price CAGR
10 Years:7%
5 Years:18%
3 Years:23%
1 Year:59%
Return on Equity
10 Years:8%
5 Years:4%
3 Years:2%
Last Year:8%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:58 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital303737393939393939393939
Reserves8011712619647996969493104115
Borrowings9214815979103122119145108663530
Other Liabilities28505710471769084178620664645
Total Liabilities229352379241277316345364419818842829
Fixed Assets323333353432313836343535
CWIP0002200000000
Investments771010656771788991
Other Assets190312336174236280308318311706719703
Total Assets229352379241277316345364419818842829

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-2-76-11343-182918645865
Cash from Investing Activity +1-138-22-1217-9-16-26-3-28
Cash from Financing Activity +3882-1081-1910-51-54-39
Net Cash Flow2-0-12-1-1-012-131-1

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-68.00-125.00-132.00-51.00-67.00-86.00-90.00-135.00-101.00-63.00

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 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days1079173566354962451646216
Inventory Days5621,195
Days Payable495169
Cash Conversion Cycle1079173566354163245164621,042
Working Capital Days5536644333113622319751035011946
ROCE %12%12%14%23%19%16%6%6%6%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%
FIIs5.67%5.67%5.69%5.69%3.74%2.82%2.82%2.82%0.93%0.94%0.95%1.05%
Public32.43%32.43%32.40%32.40%34.35%35.27%35.28%35.28%37.18%37.17%37.15%37.05%
No. of Shareholders37,84140,19946,11147,49247,85345,94745,11144,76857,84356,69871,41072,605

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)0.29-0.01-0.05-0.020.41
Diluted EPS (Rs.)0.29-0.01-0.05-0.020.41
Cash EPS (Rs.)0.320.060.070.050.46
Book Value[Excl.RevalReserv]/Share (Rs.)3.653.373.383.433.44
Book Value[Incl.RevalReserv]/Share (Rs.)3.653.373.383.433.44
Revenue From Operations / Share (Rs.)4.692.922.122.466.18
PBDIT / Share (Rs.)0.630.370.450.471.02
PBIT / Share (Rs.)0.590.330.410.430.97
PBT / Share (Rs.)0.400.040.040.020.54
Net Profit / Share (Rs.)0.280.030.030.010.42
NP After MI And SOA / Share (Rs.)0.28-0.01-0.05-0.010.41
PBDIT Margin (%)13.4512.6821.7319.4116.48
PBIT Margin (%)12.7211.3819.4917.5715.76
PBT Margin (%)8.531.652.110.968.82
Net Profit Margin (%)6.181.041.450.566.86
NP After MI And SOA Margin (%)6.09-0.39-2.37-0.676.77
Return on Networth / Equity (%)7.82-0.33-1.48-0.4812.17
Return on Capital Employeed (%)13.098.137.146.6315.64
Return On Assets (%)1.33-0.05-0.47-0.174.78
Long Term Debt / Equity (X)0.180.150.650.850.73
Total Debt / Equity (X)0.240.490.810.930.80
Asset Turnover Ratio (%)0.220.180.240.280.75
Current Ratio (X)1.030.991.312.172.29
Quick Ratio (X)0.810.890.981.731.80
Interest Coverage Ratio (X)3.211.301.251.172.37
Interest Coverage Ratio (Post Tax) (X)2.481.111.081.031.99
Enterprise Value (Cr.)439.94247.76332.01281.60202.32
EV / Net Operating Revenue (X)2.382.153.982.910.83
EV / EBITDA (X)17.7116.9818.3314.975.04
MarketCap / Net Operating Revenue (X)2.221.612.691.800.40
Price / BV (X)2.861.401.691.290.72
Price / Net Operating Revenue (X)2.221.612.691.800.40
EarningsYield0.020.00-0.010.000.16

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Nila Infrastructures Ltd as of November 22, 2024 is: 7.19

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, Nila Infrastructures Ltd is Overvalued by 33.43% compared to the current share price 10.80

Intrinsic Value of Nila Infrastructures Ltd as of November 22, 2024 is: 5.85

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, Nila Infrastructures Ltd is Overvalued by 45.83% compared to the current share price 10.80

Last 5 Year EPS CAGR: -18.61%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 0.55 and average Dividend Yield of 15.38%.
  2. The company has shown consistent growth in sales (154.09 cr) and profit (15.91 cr) over the years.
  1. The stock has a low average ROCE of 11.45%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 296.55, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 98.09, which may not be favorable.
  4. The company has higher borrowings (100.50) compared to reserves (90.25), 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 Nila Infrastructures Ltd:
    1. Net Profit Margin: 6.18%
      • 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: 13.09% (Industry Average ROCE: 9.56%)
      • 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%: 7.82% (Industry Average ROE: 7.57%)
      • 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): 2.48
      • 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: 0.81
      • 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: 22.7 (Industry average Stock P/E: 41.05)
      • 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: 0.24
      • 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

Nila Infrastructures Ltd. is a Public Limited Listed company incorporated on 26/02/1990 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L45201GJ1990PLC013417 and registration number is 013417. Currently Company is involved in the business activities of Construction of buildings carried out on own-account basis or on a fee or contract basis. Company’s Total Operating Revenue is Rs. 93.35 Cr. and Equity Capital is Rs. 39.39 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
RealtyFirst Floor, Sambhaav House, Ahmedabad Gujarat 380015secretarial@nilainfra.com
http://www.nilainfra.com
Management
NamePosition Held
Mr. Manoj B VadodariaChairman & Managing Director
Mr. Deep S VadodariaNon Exe.Non Ind.Director
Mr. Dilip D PatelNon Executive Director
Mr. Shyamal S JoshiIndependent Director
Mr. Omprakash U BhandariIndependent Director
Ms. Foram B MehtaIndependent Director
Mr. Revant A BhattIndependent Director

FAQ

What is the latest intrinsic value of Nila Infrastructures Ltd?

The latest intrinsic value of Nila Infrastructures Ltd as on 21 November 2024 is ₹7.19, which is 33.43% lower than the current market price of ₹10.80.

What is the Market Cap of Nila Infrastructures Ltd?

The Market Cap of Nila Infrastructures Ltd is 425 Cr..

What is the current Stock Price of Nila Infrastructures Ltd as on 21 November 2024?

The current stock price of Nila Infrastructures Ltd as on 21 November 2024 is ₹10.8.

What is the High / Low of Nila Infrastructures Ltd stocks in FY 2024?

In FY 2024, the High / Low of Nila Infrastructures Ltd stocks is 17.3/6.31.

What is the Stock P/E of Nila Infrastructures Ltd?

The Stock P/E of Nila Infrastructures Ltd is 22.7.

What is the Book Value of Nila Infrastructures Ltd?

The Book Value of Nila Infrastructures Ltd is 3.91.

What is the Dividend Yield of Nila Infrastructures Ltd?

The Dividend Yield of Nila Infrastructures Ltd is 0.00 %.

What is the ROCE of Nila Infrastructures Ltd?

The ROCE of Nila Infrastructures Ltd is 12.3 %.

What is the ROE of Nila Infrastructures Ltd?

The ROE of Nila Infrastructures Ltd is 7.94 %.

What is the Face Value of Nila Infrastructures Ltd?

The Face Value of Nila Infrastructures 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 Nila Infrastructures 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