Financials Nitiraj Engineers Limited

Equities

NITIRAJ

INE439T01012

Industrial Machinery & Equipment

Market Closed - NSE India S.E. 05:13:54 02/07/2024 pm IST 5-day change 1st Jan Change
262.6 INR +1.98% Intraday chart for Nitiraj Engineers Limited +10.36% +120.82%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 540.4 377.2 568.4 490 747.3 726.3
Enterprise Value (EV) 1 526.3 361.3 569.7 466.9 779.9 750.1
P/E ratio 17.8 x 6.27 x 23.6 x 13.9 x -21.2 x -316 x
Yield - - - - - -
Capitalization / Revenue 1.32 x 0.69 x 1.16 x 0.91 x 1.89 x 1.58 x
EV / Revenue 1.28 x 0.66 x 1.17 x 0.86 x 1.97 x 1.63 x
EV / EBITDA 8.82 x 3.87 x 12.5 x 5.82 x 41.1 x 22.3 x
EV / FCF -11.1 x -1.69 x -29.9 x 8.59 x -17.9 x 26.7 x
FCF Yield -9.04% -59.1% -3.35% 11.6% -5.6% 3.75%
Price to Book 0.89 x 0.56 x 0.82 x 0.67 x 1.1 x 1.07 x
Nbr of stocks (in thousands) 10,251 10,251 10,251 10,251 10,251 10,251
Reference price 2 52.72 36.80 55.45 47.80 72.90 70.85
Announcement Date 25/08/18 08/08/19 04/09/20 06/09/21 08/09/22 01/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 410.1 545.1 488.2 540.2 396.3 460.8
EBITDA 1 59.64 93.36 45.6 80.22 18.96 33.7
EBIT 1 42.18 80.78 31.38 51.37 -12.36 0.384
Operating Margin 10.29% 14.82% 6.43% 9.51% -3.12% 0.08%
Earnings before Tax (EBT) 1 42.13 84.29 34.35 48.25 -46.25 -0.393
Net income 1 30.44 60.16 24.11 35.4 -35.27 -2.298
Net margin 7.42% 11.04% 4.94% 6.55% -8.9% -0.5%
EPS 2 2.969 5.869 2.352 3.450 -3.441 -0.2242
Free Cash Flow 1 -47.57 -213.4 -19.07 54.39 -43.68 28.11
FCF margin -11.6% -39.16% -3.91% 10.07% -11.02% 6.1%
FCF Conversion (EBITDA) - - - 67.8% - 83.4%
FCF Conversion (Net income) - - - 153.62% - -
Dividend per Share - - - - - -
Announcement Date 25/08/18 08/08/19 04/09/20 06/09/21 08/09/22 01/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 1.29 - 32.6 23.8
Net Cash position 1 14.1 16 - 23.1 - -
Leverage (Debt/EBITDA) - - 0.0282 x - 1.72 x 0.7073 x
Free Cash Flow 1 -47.6 -213 -19.1 54.4 -43.7 28.1
ROE (net income / shareholders' equity) 5.14% 9.43% 3.55% 4.99% -5.08% -0.34%
ROA (Net income/ Total Assets) 4.08% 7.38% 2.59% 4.09% -0.99% 0.03%
Assets 1 746.1 815.4 929.7 865.4 3,570 -7,534
Book Value Per Share 2 59.30 65.20 67.50 71.00 66.00 65.90
Cash Flow per Share 2 1.380 1.560 5.100 2.250 0.2600 0.2800
Capex 1 23.3 144 106 27.1 41.8 8.62
Capex / Sales 5.68% 26.41% 21.79% 5.02% 10.56% 1.87%
Announcement Date 25/08/18 08/08/19 04/09/20 06/09/21 08/09/22 01/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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