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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of NK Industries Ltd (NKIND)

About the Company - NK Industries Ltd (NKIND)

N K Industries Ltd. is a Public Limited Listed company incorporated on 19/08/1987 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L91110GJ1987PLC009905 and registration number is 009905. Currently company belongs to the Industry of Edible Oils & Solvent Extraction. Company’s Total Operating Revenue is Rs. 2.40 Cr. and Equity Capital is Rs. 6.01 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Edible Oils & Solvent Extraction7th Floor, Popular House, Ahmedabad Gujarat 380009nkil@nkproteins.com
http://www.nkindustriesltd.com
Management
NamePosition Held
Mr. Nimish K PatelChairman & Managing Director
Mr. Hasmukh K PatelWhole Time Director
Mr. Snehal PatelIndependent Director

N K Industries Ltd. Share Price Update

Share PriceValue
Today₹69.25
Previous Day₹69.25

Basic Stock Data of NK Industries Ltd (NKIND)

Market Cap 37.2 Cr.
Current Price 61.8
High / Low94.4/31.7
Stock P/E
Book Value 573
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 10.0

Data Source: screener.in

Competitors of NK Industries Ltd (NKIND)

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ajanta Soya Ltd 254 Cr. 31.639.8/22.0260 15.50.00 %4.05 %0.46 % 2.00
Ruchi Infrastructure Ltd 281 Cr. 13.019.1/7.3552.3 9.020.00 %4.01 %0.83 % 1.00
Agro Tech Foods Ltd 2,365 Cr. 9701,070/742170 2010.30 %4.55 %3.26 % 10.0
Adani Wilmar Ltd 50,402 Cr. 388509/286365 61.30.00 %15.0 %7.41 % 1.00
Pioneer Agro Extracts Ltd 4.03 Cr. 9.319.31/6.6040.3 12.20.00 %1.33 %1.33 % 10.0
Industry Average10,661.21 Cr282.38177.5259.800.06%5.79%2.66%4.80

NK Industries Ltd (NKIND) Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales5.525.226.835.415.045.205.094.074.354.778.634.884.45
Expenses5.395.255.155.204.364.524.104.034.274.227.904.764.55
Operating Profit0.13-0.031.680.210.680.680.990.040.080.550.730.12-0.10
OPM %2.36%-0.57%24.60%3.88%13.49%13.08%19.45%0.98%1.84%11.53%8.46%2.46%-2.25%
Other Income0.000.000.000.000.000.000.00-0.100.100.000.100.000.00
Interest0.020.02-0.050.000.000.000.000.000.380.000.000.000.00
Depreciation1.301.291.231.141.151.151.141.020.990.850.870.780.79
Profit before tax-1.19-1.340.50-0.93-0.47-0.47-0.15-1.08-1.19-0.30-0.04-0.66-0.89
Tax %57.14%-21.64%-64.00%26.88%31.91%21.28%0.00%21.30%26.05%30.00%1,050.00%-3.03%11.24%
Net Profit-0.51-1.640.82-0.67-0.33-0.37-0.16-0.85-0.89-0.200.38-0.68-0.79
EPS in Rs-0.85-2.731.36-1.11-0.55-0.62-0.27-1.41-1.48-0.330.63-1.13-1.31

NK Industries Ltd (NKIND) Quarterly Chart

NK Industries Ltd (NKIND) Profit & Loss

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales67.10104.37108.06134.06493.13113.7221.9720.3317.7722.73
Expenses68.2597.69103.68126.94517.40113.9620.2618.1716.4621.43
Operating Profit-1.156.684.387.12-24.27-0.241.712.161.311.30
OPM %-1.71%6.40%4.05%5.31%-4.92%-0.21%7.78%10.62%7.37%5.72%
Other Income0.860.721.890.874.401.110.520.410.400.10
Interest0.130.030.000.110.060.010.010.000.380.00
Depreciation24.2213.3112.6110.247.126.035.104.583.693.29
Profit before tax-24.64-5.94-6.34-2.36-27.05-5.17-2.88-2.01-2.36-1.89
Tax %0.00%26.94%23.66%-36.02%31.05%-21.08%21.18%24.38%21.19%
Net Profit-24.65-4.33-4.84-3.21-18.65-6.27-2.26-1.53-1.86-1.29
EPS in Rs-41.02-7.20-8.05-5.34-31.03-10.43-3.76-2.55-3.09-2.14
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

NK Industries Ltd (NKIND) Profit & Loss Yearly Chart

NK Industries Ltd (NKIND) Growth

Compounded Sales Growth
10 Years:%
5 Years:-33%
3 Years:-46%
TTM:23%
Compounded Profit Growth
10 Years:%
5 Years:7%
3 Years:19%
TTM:24%
Stock Price CAGR
10 Years:%
5 Years:12%
3 Years:39%
1 Year:67%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

NK Industries Ltd (NKIND) Balance Sheet

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital6.016.016.016.016.016.016.016.016.016.01
Reserves-317.74-322.05-314.75-318.09-336.75-343.19-345.67-347.15-348.90-350.34
Borrowings0.000.000.000.000.000.000.000.000.000.00
Other Liabilities670.62637.62637.372,167.752,285.962,240.482,241.252,240.472,240.382,239.07
Total Liabilities358.89321.58328.631,855.671,955.221,903.301,901.591,899.331,897.491,894.74
Fixed Assets161.66179.08168.29224.71220.50215.88210.78206.62202.99201.44
CWIP1.290.292.255.425.344.265.126.286.726.79
Investments0.120.190.190.200.090.100.130.150.140.15
Other Assets195.82142.02157.901,625.341,729.291,683.061,685.561,686.281,687.641,686.36
Total Assets358.89321.58328.631,855.671,955.221,903.301,901.591,899.331,897.491,894.74

NK Industries Ltd (NKIND) Reserves and Borrowings Chart

NK Industries Ltd (NKIND) Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 3.21-21.524.034.7813.75-9.083.621.250.44
Cash from Investing Activity -2.6516.85-2.73-1,532.18-8.053.86-3.22-1.40-0.33
Cash from Financing Activity -0.134.51-1.431,527.41-0.06-0.01-0.010.00-0.38
Net Cash Flow0.42-0.16-0.140.025.64-5.220.38-0.15-0.26

NK Industries Ltd (NKIND) Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days223.68113.45110.15111.1426.1266.76342.07373.98445.52
Inventory Days20.3349.9855.9935.2383.11
Days Payable323.7815.4714.5032.9639.69
Cash Conversion Cycle-79.77147.96151.63113.4126.12110.18342.07373.98445.52
Working Capital Days63.70128.52129.30110.387.3162.84299.21338.61400.74
ROCE %

NK Industries Ltd (NKIND) Financial Efficiency Indicators Chart

NK Industries Ltd (NKIND) Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters72.02%72.05%72.05%72.05%72.05%72.31%72.77%73.22%73.28%73.28%73.28%73.28%
DIIs0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public27.96%27.93%27.93%27.93%27.93%27.67%27.21%26.77%26.70%26.71%26.71%26.72%
No. of Shareholders4,9424,9544,9975,0085,2215,2595,1505,0685,0595,0715,1015,135

NK Industries Ltd (NKIND) Shareholding Pattern Chart

No. of NK Industries Ltd (NKIND) Shareholders

This stock is not held by any mutual fund

NK Industries Ltd (NKIND) ROCE Trend

NK Industries Ltd (NKIND) EPS Trend

NK Industries Ltd (NKIND) Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-3.10-2.54-3.76-10.43-31.06
Diluted EPS (Rs.)-3.10-2.54-3.76-10.43-31.06
Cash EPS (Rs.)3.045.094.72-0.38-19.18
Book Value[Excl.RevalReserv]/Share (Rs.)-834.87-831.96-829.50-825.37-814.65
Book Value[Incl.RevalReserv]/Share (Rs.)-570.55-567.63-565.17-561.05-550.33
Revenue From Operations / Share (Rs.)29.5733.8336.68191.18858.45
PBDIT / Share (Rs.)2.844.273.711.44-32.94
PBIT / Share (Rs.)-3.29-3.35-4.77-8.60-44.80
PBT / Share (Rs.)-3.92-3.36-4.79-8.62-45.02
Net Profit / Share (Rs.)-3.10-2.54-3.76-10.43-31.03
NP After MI And SOA / Share (Rs.)-3.10-2.54-3.76-10.43-31.03
PBDIT Margin (%)9.5912.6310.130.75-3.83
PBIT Margin (%)-11.14-9.90-12.99-4.49-5.21
PBT Margin (%)-13.25-9.91-13.05-4.50-5.24
Net Profit Margin (%)-10.47-7.50-10.25-5.45-3.61
NP After MI And SOA Margin (%)-10.47-7.50-10.25-5.45-3.61
Return on Capital Employeed (%)-0.10-0.10-0.15-0.27-1.47
Return On Assets (%)-0.09-0.08-0.11-0.32-0.98
Asset Turnover Ratio (%)0.000.000.000.080.45
Current Ratio (X)6.225.834.925.641.18
Quick Ratio (X)5.915.424.595.050.76
Inventory Turnover Ratio (X)0.000.000.005.8832.20
Interest Coverage Ratio (X)4.54951.37193.3097.02-147.96
Interest Coverage Ratio (Post Tax) (X)-3.95-564.04-194.72-702.42-138.38
Enterprise Value (Cr.)19.7218.6111.6710.9717.50
EV / Net Operating Revenue (X)1.110.910.520.090.03
EV / EBITDA (X)11.567.255.2212.68-0.88
MarketCap / Net Operating Revenue (X)1.191.000.610.100.04
Price / BV (X)-0.04-0.04-0.02-0.02-0.04
Price / Net Operating Revenue (X)1.191.000.610.100.04
EarningsYield-0.08-0.07-0.16-0.50-0.77

NK Industries Ltd (NKIND) Profitability Ratios (%)

NK Industries Ltd (NKIND) Liquidity Ratios

NK Industries Ltd (NKIND) Liquidity Ratios (%)

NK Industries Ltd (NKIND) Interest Coverage Ratios (%)

NK Industries Ltd (NKIND) Valuation Ratios

Fair Value of NK Industries Ltd (NKIND) Stock

Fair Value: ₹1315.04

The stock is undervalued by 2,027.89% compared to the current price ₹61.8

*Investments are subject to market risks

Strength and Weakness of NK Industries Ltd (NKIND) Stock

StrengthWeakness
    1. The stock is trading at a high valuation with an average P/B ratio of -12.96 and average Dividend Yield of -8.75%.
    2. The stock has a low average ROCE of 0.00%, which may not be favorable.
    3. The stock has a high average Working Capital Days of 171.18, which may not be favorable.
    4. The stock has a high average Cash Conversion Cycle of 181.23, which may not be favorable.
    5. The company has higher borrowings (0.00) compared to reserves (-334.46), which may suggest financial risk.
    6. The company has not shown consistent growth in sales (110.32) and profit (-8.06).

    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 NK Industries Ltd (NKIND). 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