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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of NR Agarwal Industries Ltd

About the Company - NR Agarwal Industries Ltd

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 KumarIndependent Director
Mr. C R RadhakrishnanIndependent Director
Mrs. Sunita NairIndependent Director
Mr. R K BakshiIndependent Director
Mr. S N ChaturvediIndependent Director
Mr. P K MundraExecutive Director & CFO

Basic Stock Data of NR Agarwal Industries Ltd

Last Updated: June 25, 2024, 10:30 pm

Market Cap 864 Cr.
Current Price 509
High / Low548/262
Stock P/E6.89
Book Value 447
Dividend Yield0.00 %
ROCE13.9 %
ROE18.0 %
Face Value 10.0
PEG Ratio3.24

Competitors of NR Agarwal Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Balkrishna Paper Mills Ltd 84.2 Cr. 26.139.1/17.38,422 68.90.00 %9.43 %% 10.0
Seshasayee Paper & Boards Ltd (SESHAPAPER) 2,200 Cr. 349422/2548.12 3031.43 %20.1 %15.3 % 2.00
Cella Space Ltd 26.6 Cr. 13.214.0/7.6928.6 10.30.00 %10.7 %% 10.0
Ballarpur Industries Ltd 110 Cr. 0.85/ 0.510.00 %33.7 %1,411 % 2.00
Magnum Ventures Ltd 304 Cr. 51.877.8/29.316.1 1160.00 %1.18 %2.98 % 10.0
Industry Average1,179.67 Cr162.10408.52142.850.88%21.33%75.75%6.09

NR Agarwal Industries Ltd Quarterly Results

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: April 10, 2024, 4:18 am

NR Agarwal Industries Ltd Quarterly Chart

NR Agarwal Industries Ltd Profit & Loss

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%

NR Agarwal Industries Ltd Profit & Loss Yearly Chart

NR Agarwal Industries Ltd Growth

Compounded Sales Growth
10 Years:9%
5 Years:0%
3 Years:4%
TTM:-27%
Compounded Profit Growth
10 Years:74%
5 Years:6%
3 Years:30%
TTM:25%
Stock Price CAGR
10 Years:33%
5 Years:17%
3 Years:30%
1 Year:72%
Return on Equity
10 Years:20%
5 Years:18%
3 Years:16%
Last Year:18%

Last Updated: June 25, 2024, 5:00 pm

NR Agarwal Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital17171717171717171717171717
Reserves8993945977116202295402459519619697
Borrowings212221302365347300289297202195175164392
Other Liabilities121132147222226226195196245261290241258
Total Liabilities4384635606636676597038058659331,0011,0411,364
Fixed Assets117124127458447436464526572584501483486
CWIP198203290424252121202928122475
Investments0000010000011
Other Assets123135143200195197218257273320471435403
Total Assets4384635606636676597038058659331,0011,0411,364

NR Agarwal Industries Ltd Reserves and Borrowings Chart

NR Agarwal Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 66203863389110411219111696129
Cash from Investing Activity -75-20-98-63-31-14-47-85-52-48-41-96
Cash from Financing Activity 5-1576-11-78-55-29-139-67-55-25
Net Cash Flow-4-1-37-5-13-2-02-08

NR Agarwal Industries Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days413842333334333139382925
Inventory Days353549443736504779564486
Days Payable11310290533323313977563232
Cash Conversion Cycle-37-291243747513942384079
Working Capital Days-4-34182526272641333065
ROCE %5%3%4%11%28%29%30%32%17%17%22%

NR Agarwal Industries Ltd Financial Efficiency Indicators Chart

NR Agarwal Industries Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters73.55%73.55%73.55%73.55%73.55%73.55%73.55%73.55%73.96%73.97%73.97%73.97%
FIIs0.43%0.63%0.73%0.64%0.54%0.45%0.41%0.41%0.36%0.21%0.39%0.41%
DIIs0.01%0.01%0.01%0.01%0.02%0.01%0.01%0.01%0.17%0.01%0.01%0.01%
Public26.01%25.81%25.71%25.80%25.90%25.98%26.03%26.03%25.51%25.81%25.64%25.62%
No. of Shareholders10,65911,30311,27611,14811,09311,78211,30411,07710,85910,5629,7949,725

NR Agarwal Industries Ltd Shareholding Pattern Chart

No. of NR Agarwal Industries Ltd Shareholders

This stock is not held by any mutual fund

NR Agarwal Industries Ltd ROCE Trend

NR Agarwal Industries Ltd EPS Trend

NR Agarwal Industries Ltd 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

NR Agarwal Industries Ltd Profitability Ratios (%)

NR Agarwal Industries Ltd Liquidity Ratios

NR Agarwal Industries Ltd Liquidity Ratios (%)

NR Agarwal Industries Ltd Interest Coverage Ratios (%)

NR Agarwal Industries Ltd Valuation Ratios

Fair Value

Fair Value: 565.46

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: 11.09% compared to the current price 509

Intrinsic Value: 577.46

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: 13.45% compared to the current price ₹509

Last 5 Year EPS CAGR: 2.12%

*Investments are subject to market risks

Strength and Weakness of NR Agarwal Industries Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 16.50%, 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 (286.23 cr) compared to borrowings (266.23 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 27.67, which may not be favorable.

FAQ

What is the latest fair value of NR Agarwal Industries Ltd?

The latest fair value of NR Agarwal Industries Ltd is ₹565.46.

What is the Market Cap of NR Agarwal Industries Ltd?

The Market Cap of NR Agarwal Industries Ltd is 864 Cr..

What is the current Stock Price of NR Agarwal Industries Ltd as on 25 June 2024?

The current stock price of NR Agarwal Industries Ltd as on 25 June 2024 is ₹509.

What is the High / Low of NR Agarwal Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of NR Agarwal Industries Ltd stocks is 548/262.

What is the Stock P/E of NR Agarwal Industries Ltd?

The Stock P/E of NR Agarwal Industries Ltd is 6.89.

What is the Book Value of NR Agarwal Industries Ltd?

The Book Value of NR Agarwal Industries Ltd is 447.

What is the Dividend Yield of NR Agarwal Industries Ltd?

The Dividend Yield of NR Agarwal Industries Ltd is 0.00 %.

What is the ROCE of NR Agarwal Industries Ltd?

The ROCE of NR Agarwal Industries Ltd is 13.9 %.

What is the ROE of NR Agarwal Industries Ltd?

The ROE of NR Agarwal Industries Ltd is 18.0 %.

What is the Face Value of NR Agarwal Industries Ltd?

The Face Value of NR Agarwal Industries Ltd 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 NR Agarwal Industries 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