NG Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 30, 2025, 12:26 am

Market Cap	48.3 Cr.
Current Price	144
High / Low	206/142
Stock P/E	6.49
Book Value	115
Dividend Yield	2.43 %
ROCE	23.6 %
ROE	20.7 %
Face Value	10.0
PEG Ratio	0.28

Quick Insight

NG Industries Ltd, operating in the Hospitals & Medical Services sector, currently trades at a price of 146 with a market capitalization of 48.8 Cr. The company's solid financial performance is evident through a low P/E ratio of 6.56, a robust ROE of 20.7%, and a healthy ROCE of 23.6%. With a manageable OPM of 8.92% and a net profit of 7.74 Cr, NG Industries shows stability and profitability. Furthermore, the company's strong balance sheet is reflected in its reserves of 35.17 Cr, while the low borrowings of ₹1.78 Cr indicate prudent financial management. The high ICR of 223.70x showcases the firm's ability to meet its debt obligations comfortably. Overall, NG Industries Ltd appears to be a fundamentally sound investment opportunity in the healthcare sector.

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for NG Industries Ltd

Competitors of NG Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
NG Industries Ltd	48.3 Cr.	144	206/142	6.49	115	2.43 %	23.6 %	20.7 %	10.0
Global Longlife Hospital and Research Ltd	26.4 Cr.	25.2	46.4/0.00		25.5	0.00 %	13.7 %	17.7 %	10.0
Gian Lifecare Ltd	15.2 Cr.	14.7	24.4/12.1	5.38	19.2	0.00 %	29.2 %	24.6 %	10.0
Fortis Malar Hospitals Ltd	127 Cr.	67.7	98.7/51.0	27.6	16.1	62.8 %	0.83 %	0.56 %	10.0
Family Care Hospitals Ltd	22.8 Cr.	4.21	9.50/3.40	0.78	2.49	0.00 %	77.2 %	84.8 %	10.0
Industry Average	27,834.79 Cr	842.84		56.79	95.26	3.09%	16.54%	15.40%	9.04

All Competitor Stocks of NG Industries Ltd

Quarterly Result

Metric	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Sales	5.54	4.89	4.07	4.20	4.53	4.33	3.95	4.07	3.70	4.38	4.00	4.47	3.70
Expenses	4.74	4.69	3.59	3.87	4.00	3.81	3.55	3.56	3.31	3.93	3.59	3.92	3.37
Operating Profit	0.80	0.20	0.48	0.33	0.53	0.52	0.40	0.51	0.39	0.45	0.41	0.55	0.33
OPM %	14.44%	4.09%	11.79%	7.86%	11.70%	12.01%	10.13%	12.53%	10.54%	10.27%	10.25%	12.30%	8.92%
Other Income	0.39	5.74	1.10	1.15	2.02	0.35	0.26	1.87	0.32	3.20	7.67	-3.18	0.11
Interest	0.01	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.01	0.01	0.02	0.02
Depreciation	0.13	0.13	0.13	0.13	0.12	0.18	0.18	0.13	0.14	0.15	0.16	0.17	0.15
Profit before tax	1.05	5.81	1.45	1.35	2.42	0.69	0.48	2.25	0.57	3.49	7.91	-2.82	0.27
Tax %	17.14%	11.70%	20.00%	14.81%	16.12%	7.25%	10.42%	13.78%	14.04%	15.19%	15.17%	-13.83%	25.93%
Net Profit	0.87	5.13	1.17	1.15	2.03	0.64	0.43	1.94	0.50	2.97	6.71	-2.43	0.19
EPS in Rs	2.60	15.31	3.49	3.43	6.06	1.91	1.28	5.79	1.49	8.86	20.03	-7.25	0.57

Last Updated: August 19, 2025, 1:20 pm

Below is a detailed analysis of the quarterly data for NG Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

For Sales, as of Jun 2025, the value is 3.70 Cr.. The value appears to be declining and may need further review. It has decreased from 4.47 Cr. (Mar 2025) to 3.70 Cr., marking a decrease of 0.77 Cr..
For Expenses, as of Jun 2025, the value is 3.37 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.92 Cr. (Mar 2025) to 3.37 Cr., marking a decrease of 0.55 Cr..
For Operating Profit, as of Jun 2025, the value is 0.33 Cr.. The value appears to be declining and may need further review. It has decreased from 0.55 Cr. (Mar 2025) to 0.33 Cr., marking a decrease of 0.22 Cr..
For OPM %, as of Jun 2025, the value is 8.92%. The value appears to be declining and may need further review. It has decreased from 12.30% (Mar 2025) to 8.92%, marking a decrease of 3.38%.
For Other Income, as of Jun 2025, the value is 0.11 Cr.. The value appears strong and on an upward trend. It has increased from -3.18 Cr. (Mar 2025) to 0.11 Cr., marking an increase of 3.29 Cr..
For Interest, as of Jun 2025, the value is 0.02 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.02 Cr..
For Depreciation, as of Jun 2025, the value is 0.15 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.17 Cr. (Mar 2025) to 0.15 Cr., marking a decrease of 0.02 Cr..
For Profit before tax, as of Jun 2025, the value is 0.27 Cr.. The value appears strong and on an upward trend. It has increased from -2.82 Cr. (Mar 2025) to 0.27 Cr., marking an increase of 3.09 Cr..
For Tax %, as of Jun 2025, the value is 25.93%. The value appears to be increasing, which may not be favorable. It has increased from -13.83% (Mar 2025) to 25.93%, marking an increase of 39.76%.
For Net Profit, as of Jun 2025, the value is 0.19 Cr.. The value appears strong and on an upward trend. It has increased from -2.43 Cr. (Mar 2025) to 0.19 Cr., marking an increase of 2.62 Cr..
For EPS in Rs, as of Jun 2025, the value is 0.57. The value appears strong and on an upward trend. It has increased from -7.25 (Mar 2025) to 0.57, marking an increase of 7.82.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: August 23, 2025, 12:54 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	13.80	14.86	16.93	17.28	17.36	17.67	18.50	11.88	18.42	18.70	16.88	16.55	16.55
Expenses	11.06	12.20	13.80	14.40	14.30	14.85	15.71	10.62	16.06	16.81	14.87	14.76	14.81
Operating Profit	2.74	2.66	3.13	2.88	3.06	2.82	2.79	1.26	2.36	1.89	2.01	1.79	1.74
OPM %	19.86%	17.90%	18.49%	16.67%	17.63%	15.96%	15.08%	10.61%	12.81%	10.11%	11.91%	10.82%	10.51%
Other Income	0.57	0.53	-0.07	-0.02	-0.24	-0.34	-0.05	0.14	1.63	8.37	4.51	8.00	7.80
Interest	0.29	0.04	0.06	0.07	0.08	0.18	0.16	0.08	0.09	0.09	0.07	0.04	0.06
Depreciation	0.93	1.19	0.58	0.57	0.60	0.57	0.56	0.49	0.58	0.52	0.60	0.61	0.63
Profit before tax	2.09	1.96	2.42	2.22	2.14	1.73	2.02	0.83	3.32	9.65	5.85	9.14	8.85
Tax %	27.75%	27.04%	36.78%	36.04%	34.11%	34.68%	27.72%	25.30%	21.39%	13.78%	14.02%	15.43%
Net Profit	1.52	1.43	1.53	1.42	1.41	1.12	1.47	0.61	2.61	8.32	5.03	7.74	7.44
EPS in Rs	4.54	4.27	4.57	4.24	4.21	3.34	4.39	1.82	7.79	24.83	15.01	23.10	22.21
Dividend Payout %	77.14%	81.99%	76.63%	82.57%	83.16%	104.69%	0.00%	0.00%	44.92%	14.09%	23.31%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-5.92%	6.99%	-7.19%	-0.70%	-20.57%	31.25%	-58.50%	327.87%	218.77%	-39.54%	53.88%
Change in YoY Net Profit Growth (%)	0.00%	12.91%	-14.18%	6.49%	-19.86%	51.82%	-89.75%	386.37%	-109.09%	-258.32%	93.42%

NG Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	1%
5 Years:	-2%
3 Years:	-4%
TTM:	3%

Compounded Profit Growth
10 Years:	20%
5 Years:	36%
3 Years:	69%
TTM:	112%

Stock Price CAGR
10 Years:	7%
5 Years:	24%
3 Years:	21%
1 Year:	-12%

Return on Equity
10 Years:	11%
5 Years:	10%
3 Years:	11%
Last Year:	21%

Last Updated: Unknown

Balance Sheet

Last Updated: July 25, 2025, 1:02 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	3.35	3.35	3.35	3.35	3.35	3.35	3.35	3.35	3.35	3.35	3.35	3.35
Reserves	10.97	10.99	11.11	8.97	8.50	7.62	5.99	11.66	20.56	24.85	32.79	35.17
Borrowings	1.85	1.07	1.17	1.91	1.48	1.25	3.02	0.27	0.51	0.59	1.18	1.78
Other Liabilities	1.63	1.56	1.58	0.15	0.26	1.10	1.55	1.78	2.74	1.93	2.60	1.32
Total Liabilities	17.80	16.97	17.21	14.38	13.59	13.32	13.91	17.06	27.16	30.72	39.92	41.62
Fixed Assets	6.00	5.09	4.87	4.90	4.96	5.16	5.26	5.35	5.56	5.19	5.62	5.64
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	7.53	8.40	8.89	4.30	4.24	3.37	3.84	8.16	16.15	22.27	28.95	31.94
Other Assets	4.27	3.48	3.45	5.18	4.39	4.79	4.81	3.55	5.45	3.26	5.35	4.04
Total Assets	17.80	16.97	17.21	14.38	13.59	13.32	13.91	17.06	27.16	30.72	39.92	41.62

Below is a detailed analysis of the balance sheet data for NG Industries Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 3.35 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 3.35 Cr..
For Reserves, as of Mar 2025, the value is 35.17 Cr.. The value appears strong and on an upward trend. It has increased from 32.79 Cr. (Mar 2024) to 35.17 Cr., marking an increase of 2.38 Cr..
For Borrowings, as of Mar 2025, the value is 1.78 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 1.18 Cr. (Mar 2024) to 1.78 Cr., marking an increase of 0.60 Cr..
For Other Liabilities, as of Mar 2025, the value is 1.32 Cr.. The value appears to be improving (decreasing). It has decreased from 2.60 Cr. (Mar 2024) to 1.32 Cr., marking a decrease of 1.28 Cr..
For Total Liabilities, as of Mar 2025, the value is 41.62 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 39.92 Cr. (Mar 2024) to 41.62 Cr., marking an increase of 1.70 Cr..
For Fixed Assets, as of Mar 2025, the value is 5.64 Cr.. The value appears strong and on an upward trend. It has increased from 5.62 Cr. (Mar 2024) to 5.64 Cr., marking an increase of 0.02 Cr..
For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Mar 2025, the value is 31.94 Cr.. The value appears strong and on an upward trend. It has increased from 28.95 Cr. (Mar 2024) to 31.94 Cr., marking an increase of 2.99 Cr..
For Other Assets, as of Mar 2025, the value is 4.04 Cr.. The value appears to be declining and may need further review. It has decreased from 5.35 Cr. (Mar 2024) to 4.04 Cr., marking a decrease of 1.31 Cr..
For Total Assets, as of Mar 2025, the value is 41.62 Cr.. The value appears strong and on an upward trend. It has increased from 39.92 Cr. (Mar 2024) to 41.62 Cr., marking an increase of 1.70 Cr..

Notably, the Reserves (35.17 Cr.) exceed the Borrowings (1.78 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	2.01	1.77	2.01	1.85	2.43	3.82	2.85	1.35	-1.73	3.16	-1.02	1.81
Cash from Investing Activity +	2.23	-0.62	-0.92	-0.89	-1.50	-1.09	-3.41	2.00	1.26	-1.72	2.25	-1.23
Cash from Financing Activity +	-4.12	-2.16	-1.30	-0.68	-1.84	-1.75	0.27	-2.78	0.22	-1.11	-0.60	-0.62
Net Cash Flow	0.12	-1.01	-0.21	0.28	-0.91	0.99	-0.29	0.57	-0.25	0.33	0.63	-0.03

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	0.89	1.59	1.96	0.97	1.58	1.57	-0.23	0.99	1.85	1.30	0.83	0.01

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

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	1.59	4.67	6.47	8.87	9.67	10.74	9.27	10.14	15.46	1.37	3.24	9.48
Inventory Days	64.93	54.21	55.81	61.32	58.24	53.13	41.48	64.81	155.87	34.69	52.74	63.81
Days Payable	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle	66.52	58.87	62.28	70.19	67.92	63.87	50.75	74.95	171.33	36.05	55.98	73.29
Working Capital Days	-71.94	-43.72	-34.93	-14.57	-8.41	-19.00	-67.08	-32.87	10.50	-24.79	-25.08	-30.88
ROCE %	13.86%	11.08%	17.98%	16.68%	18.80%	18.71%	19.77%	6.87%	10.68%	6.58%	6.50%	23.65%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Promoters	74.50%	74.50%	74.50%	74.50%	74.50%	74.50%	74.50%	74.50%	74.50%	74.50%	74.50%	74.50%
Public	25.50%	25.51%	25.52%	25.51%	25.50%	25.50%	25.51%	25.50%	25.50%	25.50%	25.49%	25.49%
No. of Shareholders	1,521	1,662	1,650	1,683	1,748	1,931	2,045	2,088	2,111	2,199	2,195	2,201

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	23.10	15.02	24.82	7.79	1.83
Diluted EPS (Rs.)	23.10	15.02	24.82	7.79	1.83
Cash EPS (Rs.)	24.93	16.80	26.39	9.51	3.30
Book Value[Excl.RevalReserv]/Share (Rs.)	114.96	107.85	84.17	71.36	44.79
Book Value[Incl.RevalReserv]/Share (Rs.)	114.96	107.85	84.17	71.36	44.79
Dividend / Share (Rs.)	3.50	3.50	3.50	3.50	0.00
Revenue From Operations / Share (Rs.)	49.39	50.39	55.82	54.98	35.47
PBDIT / Share (Rs.)	29.24	19.30	30.41	11.68	4.01
PBIT / Share (Rs.)	27.41	17.52	28.84	9.95	2.55
PBT / Share (Rs.)	27.28	17.47	28.80	9.90	2.48
Net Profit / Share (Rs.)	23.10	15.02	24.82	7.79	1.83
PBDIT Margin (%)	59.21	38.29	54.46	21.23	11.31
PBIT Margin (%)	55.51	34.77	51.66	18.10	7.18
PBT Margin (%)	55.24	34.67	51.58	18.01	7.00
Net Profit Margin (%)	46.77	29.81	44.46	14.16	5.16
Return on Networth / Equity (%)	20.09	13.93	29.48	10.91	4.09
Return on Capital Employeed (%)	23.44	15.37	33.49	13.08	5.68
Return On Assets (%)	18.59	12.60	27.07	9.60	3.64
Total Debt / Equity (X)	0.04	0.03	0.02	0.02	0.01
Asset Turnover Ratio (%)	0.40	0.47	0.64	0.83	0.77
Current Ratio (X)	1.65	2.88	1.60	3.11	1.32
Quick Ratio (X)	1.35	2.52	1.25	1.42	1.01
Inventory Turnover Ratio (X)	2.80	6.79	3.96	3.89	5.73
Dividend Payout Ratio (NP) (%)	0.00	23.29	14.10	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	20.83	13.26	0.00	0.00
Earning Retention Ratio (%)	0.00	76.71	85.90	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	79.17	86.74	0.00	0.00
Interest Coverage Ratio (X)	223.70	403.73	768.27	250.81	65.49
Interest Coverage Ratio (Post Tax) (X)	177.70	315.31	628.15	168.26	30.89
Enterprise Value (Cr.)	54.07	51.23	25.60	19.88	11.95
EV / Net Operating Revenue (X)	3.27	3.03	1.37	1.08	1.01
EV / EBITDA (X)	5.52	7.92	2.51	5.08	8.88
MarketCap / Net Operating Revenue (X)	3.30	3.10	1.43	1.13	1.12
Retention Ratios (%)	0.00	76.70	85.89	0.00	0.00
Price / BV (X)	1.42	1.45	0.94	0.86	0.88
Price / Net Operating Revenue (X)	3.30	3.10	1.43	1.13	1.12
EarningsYield	0.14	0.09	0.31	0.12	0.04

After reviewing the key financial ratios for NG Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 23.10. This value is within the healthy range. It has increased from 15.02 (Mar 24) to 23.10, marking an increase of 8.08.
For Diluted EPS (Rs.), as of Mar 25, the value is 23.10. This value is within the healthy range. It has increased from 15.02 (Mar 24) to 23.10, marking an increase of 8.08.
For Cash EPS (Rs.), as of Mar 25, the value is 24.93. This value is within the healthy range. It has increased from 16.80 (Mar 24) to 24.93, marking an increase of 8.13.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 114.96. It has increased from 107.85 (Mar 24) to 114.96, marking an increase of 7.11.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 114.96. It has increased from 107.85 (Mar 24) to 114.96, marking an increase of 7.11.
For Dividend / Share (Rs.), as of Mar 25, the value is 3.50. This value exceeds the healthy maximum of 3. There is no change compared to the previous period (Mar 24) which recorded 3.50.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 49.39. It has decreased from 50.39 (Mar 24) to 49.39, marking a decrease of 1.00.
For PBDIT / Share (Rs.), as of Mar 25, the value is 29.24. This value is within the healthy range. It has increased from 19.30 (Mar 24) to 29.24, marking an increase of 9.94.
For PBIT / Share (Rs.), as of Mar 25, the value is 27.41. This value is within the healthy range. It has increased from 17.52 (Mar 24) to 27.41, marking an increase of 9.89.
For PBT / Share (Rs.), as of Mar 25, the value is 27.28. This value is within the healthy range. It has increased from 17.47 (Mar 24) to 27.28, marking an increase of 9.81.
For Net Profit / Share (Rs.), as of Mar 25, the value is 23.10. This value is within the healthy range. It has increased from 15.02 (Mar 24) to 23.10, marking an increase of 8.08.
For PBDIT Margin (%), as of Mar 25, the value is 59.21. This value is within the healthy range. It has increased from 38.29 (Mar 24) to 59.21, marking an increase of 20.92.
For PBIT Margin (%), as of Mar 25, the value is 55.51. This value exceeds the healthy maximum of 20. It has increased from 34.77 (Mar 24) to 55.51, marking an increase of 20.74.
For PBT Margin (%), as of Mar 25, the value is 55.24. This value is within the healthy range. It has increased from 34.67 (Mar 24) to 55.24, marking an increase of 20.57.
For Net Profit Margin (%), as of Mar 25, the value is 46.77. This value exceeds the healthy maximum of 10. It has increased from 29.81 (Mar 24) to 46.77, marking an increase of 16.96.
For Return on Networth / Equity (%), as of Mar 25, the value is 20.09. This value is within the healthy range. It has increased from 13.93 (Mar 24) to 20.09, marking an increase of 6.16.
For Return on Capital Employeed (%), as of Mar 25, the value is 23.44. This value is within the healthy range. It has increased from 15.37 (Mar 24) to 23.44, marking an increase of 8.07.
For Return On Assets (%), as of Mar 25, the value is 18.59. This value is within the healthy range. It has increased from 12.60 (Mar 24) to 18.59, marking an increase of 5.99.
For Total Debt / Equity (X), as of Mar 25, the value is 0.04. This value is within the healthy range. It has increased from 0.03 (Mar 24) to 0.04, marking an increase of 0.01.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.40. It has decreased from 0.47 (Mar 24) to 0.40, marking a decrease of 0.07.
For Current Ratio (X), as of Mar 25, the value is 1.65. This value is within the healthy range. It has decreased from 2.88 (Mar 24) to 1.65, marking a decrease of 1.23.
For Quick Ratio (X), as of Mar 25, the value is 1.35. This value is within the healthy range. It has decreased from 2.52 (Mar 24) to 1.35, marking a decrease of 1.17.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.80. This value is below the healthy minimum of 4. It has decreased from 6.79 (Mar 24) to 2.80, marking a decrease of 3.99.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 23.29 (Mar 24) to 0.00, marking a decrease of 23.29.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 20.83 (Mar 24) to 0.00, marking a decrease of 20.83.
For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 76.71 (Mar 24) to 0.00, marking a decrease of 76.71.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 79.17 (Mar 24) to 0.00, marking a decrease of 79.17.
For Interest Coverage Ratio (X), as of Mar 25, the value is 223.70. This value is within the healthy range. It has decreased from 403.73 (Mar 24) to 223.70, marking a decrease of 180.03.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 177.70. This value is within the healthy range. It has decreased from 315.31 (Mar 24) to 177.70, marking a decrease of 137.61.
For Enterprise Value (Cr.), as of Mar 25, the value is 54.07. It has increased from 51.23 (Mar 24) to 54.07, marking an increase of 2.84.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.27. This value exceeds the healthy maximum of 3. It has increased from 3.03 (Mar 24) to 3.27, marking an increase of 0.24.
For EV / EBITDA (X), as of Mar 25, the value is 5.52. This value is within the healthy range. It has decreased from 7.92 (Mar 24) to 5.52, marking a decrease of 2.40.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.30. This value exceeds the healthy maximum of 3. It has increased from 3.10 (Mar 24) to 3.30, marking an increase of 0.20.
For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 76.70 (Mar 24) to 0.00, marking a decrease of 76.70.
For Price / BV (X), as of Mar 25, the value is 1.42. This value is within the healthy range. It has decreased from 1.45 (Mar 24) to 1.42, marking a decrease of 0.03.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.30. This value exceeds the healthy maximum of 3. It has increased from 3.10 (Mar 24) to 3.30, marking an increase of 0.20.
For EarningsYield, as of Mar 25, the value is 0.14. This value is below the healthy minimum of 5. It has increased from 0.09 (Mar 24) to 0.14, marking an increase of 0.05.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of NG Industries Ltd as of August 29, 2025 is: 126.60

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 August 29, 2025, NG Industries Ltd is Overvalued by 12.08% compared to the current share price 144.00

Intrinsic Value of NG Industries Ltd as of August 29, 2025 is: 156.11

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 August 29, 2025, NG Industries Ltd is Undervalued by 8.41% compared to the current share price 144.00

Last 5 Year EPS CAGR: 23.31%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -30.23, which is a positive sign. The company has higher reserves (15.77 cr) compared to borrowings (1.34 cr), indicating strong financial stability. The company has shown consistent growth in sales (16.57 cr) and profit (4.02 cr) over the years.	The stock has a low average ROCE of 14.26%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 71.00, which may not be favorable.

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 NG Industries Ltd:
1. Net Profit Margin: 46.77%
  - 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: 23.44% (Industry Average ROCE: 16.54%)
  - 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%: 20.09% (Industry Average ROE: 14.73%)
  - 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): 177.7
  - 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: 1.35
  - 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: 6.49 (Industry average Stock P/E: 46.92)
  - 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: 0.04
  - 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 G Industries Ltd. is a Public Limited Listed company incorporated on 17/11/1994 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L74140WB1994PLC065937 and registration number is 065937. Currently Company is involved in the business activities of Hospital activities. Company's Total Operating Revenue is Rs. 16.55 Cr. and Equity Capital is Rs. 3.35 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Hospitals & Medical Services	1st Floor, 37A, Dr Meghnad Saha Sarani, Kolkata West Bengal 700029	ngmail@vsnl.com http://www.ngind.com

Management
Name	Position Held
Mr. Rajesh Goenka	Chairman & Wholetime Director
Mr. Raj Kumar Bajoria	Non Exe. & Ind. Director
Mr. Jagdish Chand Kumbhat	Non Exe. & Ind. Director
Mrs. Neha Goenka	Non Exe.Non Ind.Director

FAQ

What is the intrinsic value of NG Industries Ltd?

NG Industries Ltd's intrinsic value (as of 29 August 2025) is 126.60 which is 12.08% lower the current market price of ₹144.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹48.3 Cr. market cap, FY2025-2026 high/low of 206/142, reserves of ₹35.17 Cr, and liabilities of 41.62 Cr.

What is the Market Cap of NG Industries Ltd?

The Market Cap of NG Industries Ltd is 48.3 Cr..

What is the current Stock Price of NG Industries Ltd as on 29 August 2025?

The current stock price of NG Industries Ltd as on 29 August 2025 is 144.

What is the High / Low of NG Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of NG Industries Ltd stocks is 206/142.

What is the Stock P/E of NG Industries Ltd?

The Stock P/E of NG Industries Ltd is 6.49.

What is the Book Value of NG Industries Ltd?

The Book Value of NG Industries Ltd is 115.

What is the Dividend Yield of NG Industries Ltd?

The Dividend Yield of NG Industries Ltd is 2.43 %.

What is the ROCE of NG Industries Ltd?

The ROCE of NG Industries Ltd is 23.6 %.

What is the ROE of NG Industries Ltd?

The ROE of NG Industries Ltd is 20.7 %.

What is the Face Value of NG Industries Ltd?

The Face Value of NG Industries Ltd is 10.0.