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

NR Agarwal Industries Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:08 am

Market Cap 649 Cr.
Current Price 381
High / Low 548/317
Stock P/E11.0
Book Value 451
Dividend Yield0.52 %
ROCE14.1 %
ROE18.3 %
Face Value 10.0
PEG Ratio5.18

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

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gratex Industries Ltd 8.59 Cr. 28.4 28.4/15.7143 11.60.00 %4.54 %3.18 % 10.0
Ganga Papers India Ltd 112 Cr. 103 191/80.371.9 27.60.00 %6.93 %5.22 % 10.0
Encode Packaging India Ltd 4.73 Cr. 15.0 18.7/7.6067.6 10.40.00 %3.24 %3.65 % 10.0
Cella Space Ltd 31.4 Cr. 15.6 16.7/7.9833.8 10.30.00 %10.7 %% 10.0
Bandaram Pharma Packtech Ltd 55.4 Cr. 46.2 63.1/28.333.8 11.00.22 %9.10 %6.77 % 10.0
Industry Average3,279.06 Cr236.8651.14139.520.77%26.26%12.72%6.60

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales328343392383395446495504380386369342336
Expenses293320343359368403436450344351322294288
Operating Profit35234923284360543735474848
OPM %11%7%13%6%7%10%12%11%10%9%13%14%14%
Other Income2343225322322
Interest7767654433212
Depreciation8899979999999
Profit before tax22113710143352442725393939
Tax %29%17%31%37%33%42%37%38%27%21%-5%3%19%
Net Profit169266101933271920413831
EPS in Rs9.115.5515.273.795.6111.1919.2116.1211.3311.6823.8322.2218.47

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales4935125417258831,0441,1901,3181,4051,1461,6171,7661,432
Expenses4604915226958189051,0331,1331,1891,0131,4731,5801,255
Operating Profit3321193066139157186216133144186177
OPM %7%4%3%4%7%13%13%14%15%12%9%11%12%
Other Income4446866712810119
Interest1010123646434035363025148
Depreciation991018232426273233343636
Profit before tax1851-17478971311617895148142
Tax %20%13%35%-95%-335%36%7%28%27%26%36%33%
Net Profit1450-3318509095117576199130
EPS in Rs8.282.700.26-19.6410.4829.2253.0255.6168.6033.6335.8558.3576.20
Dividend Payout %14%0%0%0%0%7%6%7%0%3%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-64.29%-100.00%154.55%177.78%80.00%5.56%23.16%-51.28%7.02%62.30%
Change in YoY Net Profit Growth (%)0.00%-35.71%254.55%23.23%-97.78%-74.44%17.60%-74.44%58.30%55.28%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:0%
3 Years:4%
TTM:-8%
Compounded Profit Growth
10 Years:74%
5 Years:6%
3 Years:31%
TTM:-50%
Stock Price CAGR
10 Years:33%
5 Years:13%
3 Years:17%
1 Year:-7%
Return on Equity
10 Years:20%
5 Years:18%
3 Years:16%
Last Year:18%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:01 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital17171717171717171717171717
Reserves93945977116202295402459519619743751
Borrowings221302365347300289297202195175164579693
Other Liabilities132147222226226195196245261290245227304
Total Liabilities4635606636676597038058659331,0011,0451,5671,766
Fixed Assets1241274584474364645265725845014831,1351,153
CWIP2032904242521212029281222945
Investments0000100000121104
Other Assets135143200195197218257273320471439381464
Total Assets4635606636676597038058659331,0011,0451,5671,766

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +203863389110411219111696129135
Cash from Investing Activity +-20-98-63-31-14-47-85-52-48-41-96-548
Cash from Financing Activity +-1576-11-78-55-29-139-67-55-25405
Net Cash Flow-1-37-5-13-2-02-08-8

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow33.00-200.00-283.00-335.00-281.00-161.00-132.00-111.0014.00-62.00-31.0022.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days413842333334333139382925
Inventory Days353549443736504779564488
Days Payable11310290533323313977563233
Cash Conversion Cycle-37-291243747513942384080
Working Capital Days-4-34182526272641333065
ROCE %5%3%4%11%28%29%30%32%17%17%22%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters73.55%73.55%73.55%73.55%73.55%73.55%73.55%73.96%73.97%73.97%73.97%73.97%
FIIs0.63%0.73%0.64%0.54%0.45%0.41%0.41%0.36%0.21%0.39%0.41%0.46%
DIIs0.01%0.01%0.01%0.02%0.01%0.01%0.01%0.17%0.01%0.01%0.01%0.01%
Public25.81%25.71%25.80%25.90%25.98%26.03%26.03%25.51%25.81%25.64%25.62%25.56%
No. of Shareholders11,30311,27611,14811,09311,78211,30411,07710,85910,5629,7949,7259,559

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
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)73.7258.3535.8533.6368.60
Diluted EPS (Rs.)73.7258.3535.8533.6368.60
Cash EPS (Rs.)95.7079.3956.0753.0387.11
Book Value[Excl.RevalReserv]/Share (Rs.)446.73373.48314.97279.98246.07
Book Value[Incl.RevalReserv]/Share (Rs.)446.73373.48314.97279.98246.07
Dividend / Share (Rs.)2.000.000.001.000.00
Revenue From Operations / Share (Rs.)759.811037.70949.82673.15825.50
PBDIT / Share (Rs.)109.05115.9590.6382.81134.17
PBIT / Share (Rs.)87.0694.9170.4163.41115.65
PBT / Share (Rs.)80.8786.8155.5945.6194.57
Net Profit / Share (Rs.)73.7258.3535.8533.6368.60
PBDIT Margin (%)14.3511.179.5412.3016.25
PBIT Margin (%)11.459.147.419.4214.00
PBT Margin (%)10.648.365.856.7711.45
Net Profit Margin (%)9.705.623.774.998.30
Return on Networth / Equity (%)16.5015.6211.3812.0127.87
Return on Capital Employeed (%)11.0518.1217.6417.0929.47
Return On Assets (%)8.009.546.096.1313.49
Long Term Debt / Equity (X)0.580.200.060.090.31
Total Debt / Equity (X)0.720.210.260.230.41
Asset Turnover Ratio (%)0.991.731.671.271.68
Current Ratio (X)1.612.261.431.031.32
Quick Ratio (X)0.861.400.940.570.80
Inventory Turnover Ratio (X)4.837.786.815.447.83
Dividend Payout Ratio (NP) (%)0.000.000.000.005.83
Dividend Payout Ratio (CP) (%)0.000.000.000.004.59
Earning Retention Ratio (%)0.000.000.000.0094.17
Cash Earning Retention Ratio (%)0.000.000.000.0095.41
Interest Coverage Ratio (X)17.6014.316.114.656.36
Interest Coverage Ratio (Post Tax) (X)12.908.203.422.894.25
Enterprise Value (Cr.)1270.11433.82587.67508.71416.36
EV / Net Operating Revenue (X)0.980.240.360.440.29
EV / EBITDA (X)6.842.203.813.611.82
MarketCap / Net Operating Revenue (X)0.560.190.270.350.17
Retention Ratios (%)0.000.000.000.0094.16
Price / BV (X)0.960.540.840.840.59
Price / Net Operating Revenue (X)0.560.190.270.350.17
EarningsYield0.170.280.130.140.46

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 912.58

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 December 22, 2024, is Undervalued by 139.52% compared to the current share price 381.00

Intrinsic Value of as of December 22, 2024 is: 931.96

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 December 22, 2024, is Undervalued by 144.61% compared to the current share price 381.00

Last 5 Year EPS CAGR: 2.12%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 17.67%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 24.00, which is a positive sign.
  3. The company has higher reserves (340.69 cr) compared to borrowings (317.62 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (243.23 cr) and profit (72.38 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 27.75, which may not be favorable.
  • 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 :
    1. Net Profit Margin: 9.7%
      • 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: 11.05% (Industry Average ROCE: 25.21%)
      • 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%: 16.5% (Industry Average ROE: 10.18%)
      • 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): 12.9
      • 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: 0.86
      • 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: 11 (Industry average Stock P/E: 36.82)
      • 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: 0.72
      • 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

N R Agarwal Industries Ltd. is a Public Limited Listed company incorporated on 08/12/1993 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L22210MH1993PLC133365 and registration number is 133365. Currently Company is involved in the business activities of Manufacture of pulp, paper and paperboard. Company’s Total Operating Revenue is Rs. 1616.51 Cr. and Equity Capital is Rs. 17.02 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Paper & Paper Products502-A/501-B, Fortune Terraces, 5th Floor, Mumbai Maharashtra 400053investors@nrail.com
http://www.nrail.com
Management
NamePosition Held
Mr. R N AgarwalChairman & Managing Director
Mr. Raunak AgarwalExecutive Director
Mrs. Reena AgarwalExecutive Director
Mr. Rohan AgarwalExecutive Director
Mr. P K MundraExecutive Director & CFO
Mr. P KumarIndependent Director
Mr. R K BakshiIndependent Director
Mr. S N ChaturvediIndependent Director
Mr. C R RadhakrishnanIndependent Director
Mrs. Sunita NairIndependent Director
Mr. K L ChandakIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹912.58, which is 139.52% higher than the current market price of ₹381.00. The stock has a market capitalization of 649 Cr. and recorded a high/low of 548/317 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹751 Cr and total liabilities of ₹1,766 Cr.

What is the Market Cap of ?

The Market Cap of is 649 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 381.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 548/317.

What is the Stock P/E of ?

The Stock P/E of is 11.0.

What is the Book Value of ?

The Book Value of is 451.

What is the Dividend Yield of ?

The Dividend Yield of is 0.52 %.

What is the ROCE of ?

The ROCE of is 14.1 %.

What is the ROE of ?

The ROE of is 18.3 %.

What is the Face Value of ?

The Face Value of is 10.0.

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 . 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