Fundamental Analysis of Noida Toll Bridge Company Ltd

About the Company - Noida Toll Bridge Company Ltd

Noida Toll Bridge Company Ltd. is a Public Limited Listed company incorporated on 08/04/1996 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L45101DL1996PLC315772 and registration number is 315772. Currently company belongs to the Industry of Infrastructure - General. Company’s Total Operating Revenue is Rs. 16.14 Cr. and Equity Capital is Rs. 186.20 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Road Infrastructure	Toll Plaza, Mayur Vihar Link Road, New Delhi Delhi 110091	ntbcl@ntbcl.com http://www.ntbcl.com

Management
Name	Position Held
Mr. Nand Kishore	Chairman
Mr. Manish Kumar Agarwal	Non Executive Director
Mr. Dilip Lalchand Bhatia	Non Executive Director
Mr. Kazim Raza Khan	Non Executive Director
Mr. Rakesh Chatterjee	Non Executive Director
Mr. Dheeraj Kumar	Executive Director

Basic Stock Data of Noida Toll Bridge Company Ltd

Last Updated: July 26, 2024, 10:18 pm

Market Cap	232 Cr.
Current Price	12.4
High / Low	15.6/5.71
Stock P/E
Book Value	11.0
Dividend Yield	0.00 %
ROCE	11.0 %
ROE	14.4 %
Face Value	10.0
PEG Ratio	0.00

Data Source: screener.in

Competitors of Noida Toll Bridge Company Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Noida Toll Bridge Company Ltd	232 Cr.	12.4	15.6/5.71		11.0	0.00 %	11.0 %	14.4 %	10.0
MEP Infrastructure Developers Ltd	121 Cr.	6.66	22.2/6.26		21.6	0.00 %	20.9 %	%	10.0
Industry Average	121.00 Cr	6.66		0	21.60	0.00%	20.90%	0%	10.00

Noida Toll Bridge Company 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	3.72	6.31	1.12	6.85	2.17	5.99	6.35	6.32	6.52	4.54	3.24	3.54	4.09
Expenses	3.09	3.98	2.16	4.73	3.89	5.66	4.89	5.13	5.21	5.48	3.02	3.96	3.47
Operating Profit	0.63	2.33	-1.04	2.12	-1.72	0.33	1.46	1.19	1.31	-0.94	0.22	-0.42	0.62
OPM %	16.94%	36.93%	-92.86%	30.95%	-79.26%	5.51%	22.99%	18.83%	20.09%	-20.70%	6.79%	-11.86%	15.16%
Other Income	0.18	0.18	0.16	0.20	0.23	0.51	0.16	1.58	0.66	0.70	0.52	1.37	0.60
Interest	-0.00	-0.00	-0.00	0.01	0.01	0.01	0.01	0.01	0.01	-0.00	0.01	-0.00	-0.00
Depreciation	10.54	10.31	10.42	10.52	10.50	10.46	10.43	10.55	10.38	9.84	9.93	9.82	9.44
Profit before tax	-9.73	-7.80	-11.30	-8.21	-12.00	-9.63	-8.82	-7.79	-8.42	-10.08	-9.20	-8.87	-8.22
Tax %	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%
Net Profit	-9.73	-7.80	-11.30	-8.22	-12.00	-9.63	-8.83	-7.79	-8.43	-10.09	-9.19	-8.87	-8.22
EPS in Rs	-0.52	-0.42	-0.61	-0.44	-0.65	-0.51	-0.47	-0.42	-0.45	-0.54	-0.49	-0.48	-0.44

Last Updated: July 12, 2024, 7:33 am

Noida Toll Bridge Company Ltd Quarterly Chart

Noida Toll Bridge Company Ltd Profit & Loss

Last Updated: July 10, 2024, 8:12 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	95	108	118	123	130	87	16	20	25	13	16	24	15
Expenses	27	34	32	37	37	42	26	25	18	12	16	21	16
Operating Profit	68	73	86	87	93	45	-9	-5	7	1	-0	3	-1
OPM %	72%	68%	73%	70%	71%	52%	-58%	-24%	27%	10%	-2%	13%	-3%
Other Income	6	7	6	8	3	2	1	0	5	1	1	3	3
Interest	16	13	9	8	3	6	7	8	0	0	0	0	0
Depreciation	5	2	2	2	32	38	42	43	42	42	42	41	39
Profit before tax	54	66	81	84	61	3	-57	-56	-30	-40	-41	-35	-36
Tax %	15%	36%	34%	5%	-60%	34%	-1%	36%	-0%	-0%	-0%	-0%
Net Profit	46	42	54	80	98	2	-58	-36	-30	-40	-41	-35	-36
EPS in Rs	2.45	2.25	2.90	4.28	5.24	0.12	-3.11	-1.93	-1.63	-2.14	-2.22	-1.89	-1.95
Dividend Payout %	41%	44%	86%	70%	57%	-0%	-0%	-0%	-0%	-0%	-0%	-0%

Noida Toll Bridge Company Ltd Profit & Loss Yearly Chart

Noida Toll Bridge Company Ltd Growth

Compounded Sales Growth
10 Years:	-16%
5 Years:	0%
3 Years:	17%
TTM:	-12%

Compounded Profit Growth
10 Years:	%
5 Years:	2%
3 Years:	6%
TTM:	10%

Stock Price CAGR
10 Years:	-10%
5 Years:	31%
3 Years:	24%
1 Year:	79%

Return on Equity
10 Years:	-3%
5 Years:	-12%
3 Years:	-14%
Last Year:	-14%

Last Updated: July 23, 2024, 5:22 pm

Noida Toll Bridge Company Ltd Balance Sheet

Last Updated: July 10, 2024, 8:12 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	186	186	186	186	186	186	186	186	186	186	186	186	186
Reserves	282	302	302	314	322	290	232	197	166	126	85	50	32
Borrowings	109	77	25	0	42	55	62	68	67	67	67	67	67
Other Liabilities	68	107	137	157	84	61	76	64	62	65	66	80	77
Total Liabilities	645	672	649	658	634	593	557	515	481	444	404	383	362
Fixed Assets	577	576	574	572	553	518	497	466	424	382	341	300	280
CWIP	0	0	0	0	0	21	9	0	0	0	0	0	0
Investments	35	52	6	0	22	0	0	0	0	0	0	0	0
Other Assets	32	44	69	85	59	54	50	49	57	62	62	83	82
Total Assets	645	672	649	658	634	593	557	515	481	444	404	383	362

Noida Toll Bridge Company Ltd Reserves and Borrowings Chart

Noida Toll Bridge Company Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	70	75	69	71	33	-3	1	10	-1	3	24	-4
Cash from Investing Activity	-1	-0	-1	-13	-32	2	0	-9	-0	-2	-24	3
Cash from Financing Activity	-55	-116	-78	-38	-27	0	-0	-0	-0	-0	-0	-0
Net Cash Flow	13	-41	-10	21	-26	-1	1	1	-2	1	0	-1

Noida Toll Bridge Company Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	4	6	4	4	10	22	162	128	88	304	185	15
Inventory Days
Days Payable
Cash Conversion Cycle	4	6	4	4	10	22	162	128	88	304	185	15
Working Capital Days	-267	-350	-169	-181	-119	-57	-482	-1,040	-804	-909	-775	-650
ROCE %	11%	13%	16%	18%	12%	2%	-10%	-10%	-7%	-10%	-11%	-11%

Noida Toll Bridge Company Ltd Financial Efficiency Indicators Chart

Noida Toll Bridge Company Ltd Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	26.37%	26.37%	26.37%	26.37%	26.37%	26.37%	26.37%	26.37%	26.37%	26.37%	26.37%	26.37%
DIIs	3.28%	1.66%	1.66%	1.66%	1.66%	1.66%	1.66%	1.66%	1.66%	0.95%	0.71%	0.68%
Government	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%
Public	64.99%	66.60%	66.60%	66.60%	66.60%	66.60%	66.60%	66.60%	66.59%	67.31%	67.55%	67.57%
No. of Shareholders	60,619	59,894	60,525	61,484	62,735	61,110	59,563	59,129	57,632	57,727	55,727	55,234

Noida Toll Bridge Company Ltd Shareholding Pattern Chart

No. of Noida Toll Bridge Company Ltd Shareholders

This stock is not held by any mutual fund

Noida Toll Bridge Company Ltd ROCE Trend

Noida Toll Bridge Company Ltd EPS Trend

Noida Toll Bridge Company Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-1.70	-1.89	-2.21	-2.15	-1.63
Diluted EPS (Rs.)	-1.70	-1.89	-2.21	-2.15	-1.63
Cash EPS (Rs.)	0.36	0.32	0.04	0.10	0.62
Book Value[Excl.RevalReserv]/Share (Rs.)	10.98	12.68	14.57	16.78	18.92
Book Value[Incl.RevalReserv]/Share (Rs.)	10.98	12.68	14.57	16.78	18.92
Revenue From Operations / Share (Rs.)	1.12	1.27	0.86	0.69	1.33
PBDIT / Share (Rs.)	0.36	0.32	0.04	0.10	0.62
PBIT / Share (Rs.)	-1.70	-1.89	-2.21	-2.15	-1.63
PBT / Share (Rs.)	-1.70	-1.89	-2.21	-2.15	-1.63
Net Profit / Share (Rs.)	-1.70	-1.89	-2.21	-2.15	-1.63
NP After MI And SOA / Share (Rs.)	-1.70	-1.89	-2.22	-2.14	-1.63
PBDIT Margin (%)	33.06	25.74	4.82	14.82	47.12
PBIT Margin (%)	-151.90	-147.97	-254.84	-308.89	-122.89
PBT Margin (%)	-151.94	-148.07	-255.00	-308.97	-122.99
Net Profit Margin (%)	-151.95	-148.08	-255.00	-308.97	-122.99
NP After MI And SOA Margin (%)	-152.28	-148.38	-255.96	-307.60	-122.99
Return on Networth / Equity (%)	-15.52	-14.90	-15.22	-12.72	-8.61
Return on Capital Employeed (%)	-14.15	-13.74	-14.77	-12.50	-7.84
Return On Assets (%)	-9.12	-9.20	-10.24	-8.96	-6.31
Total Debt / Equity (X)	0.32	0.28	0.24	0.06	0.05
Asset Turnover Ratio (%)	0.05	0.06	0.03	0.02	0.04
Current Ratio (X)	0.47	0.45	0.30	0.30	0.35
Quick Ratio (X)	0.47	0.45	0.30	0.30	0.34
Interest Coverage Ratio (X)	872.03	258.83	30.16	187.98	482.85
Interest Coverage Ratio (Post Tax) (X)	-4006.62	-1487.67	-1593.93	-3916.15	-1259.13
Enterprise Value (Cr.)	164.17	150.48	189.66	119.45	54.23
EV / Net Operating Revenue (X)	7.88	6.34	11.75	9.24	2.20
EV / EBITDA (X)	23.83	24.63	243.71	62.30	4.66
MarketCap / Net Operating Revenue (X)	6.62	5.27	8.54	8.77	2.01
Price / BV (X)	0.67	0.52	0.50	0.36	0.14
Price / Net Operating Revenue (X)	6.62	5.27	8.54	8.78	2.01
EarningsYield	-0.22	-0.28	-0.29	-0.35	-0.61

Noida Toll Bridge Company Ltd Profitability Ratios (%)

Noida Toll Bridge Company Ltd Liquidity Ratios

Noida Toll Bridge Company Ltd Liquidity Ratios (%)

Noida Toll Bridge Company Ltd Interest Coverage Ratios (%)

Noida Toll Bridge Company Ltd Valuation Ratios

Fair Value

Fair Value: 24.24

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.

Undervalued: 95.45% compared to the current price 12.4

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 22.93

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: 84.89% compared to the current price 12.4

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -5.40%

*Investments are subject to market risks

Strength and Weakness of Noida Toll Bridge Company Ltd Stock

Strength	Weakness
The stock has a low average Working Capital Days of -397.00, which is a positive sign. The company has higher reserves (200.33 cr) compared to borrowings (55.33 cr), indicating strong financial stability. The company has shown consistent growth in sales (60.77 cr) and profit (4.15 cr) over the years.	The stock has a low average ROCE of 1.08%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 77.67, which may not be favorable.

FAQ

What is the latest fair value of Noida Toll Bridge Company Ltd?

The latest fair value of Noida Toll Bridge Company Ltd is ₹24.24.

What is the Market Cap of Noida Toll Bridge Company Ltd?

The Market Cap of Noida Toll Bridge Company Ltd is 232 Cr..

What is the current Stock Price of Noida Toll Bridge Company Ltd as on 27 July 2024?

The current stock price of Noida Toll Bridge Company Ltd as on 27 July 2024 is 12.4.

What is the High / Low of Noida Toll Bridge Company Ltd stocks in FY 2024?

In FY 2024, the High / Low of Noida Toll Bridge Company Ltd stocks is 15.6/5.71.

What is the Stock P/E of Noida Toll Bridge Company Ltd?

The Stock P/E of Noida Toll Bridge Company Ltd is .

What is the Book Value of Noida Toll Bridge Company Ltd?

The Book Value of Noida Toll Bridge Company Ltd is 11.0.

What is the Dividend Yield of Noida Toll Bridge Company Ltd?

The Dividend Yield of Noida Toll Bridge Company Ltd is 0.00 %.

What is the ROCE of Noida Toll Bridge Company Ltd?

The ROCE of Noida Toll Bridge Company Ltd is 11.0 %.

What is the ROE of Noida Toll Bridge Company Ltd?

The ROE of Noida Toll Bridge Company Ltd is 14.4 %.

What is the Face Value of Noida Toll Bridge Company Ltd?

The Face Value of Noida Toll Bridge Company Ltd is 10.0.