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NBVE

Nava Bharat Ventures NSEI:NBVENTURES Stock Report

Last Price

₹178.95

Market Cap

₹25.9b

7D

21.2%

1Y

64.8%

Updated

27 Jun, 2022

Data

Company Financials
NBVENTURES fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends5/6

NBVENTURES Stock Overview

Nava Bharat Ventures Limited engages in the ferro alloys, power, mining, and healthcare businesses in India, Zambia, China, Japan, and internationally.

Nava Bharat Ventures Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nava Bharat Ventures
Historical stock prices
Current Share Price₹178.95
52 Week High₹210.70
52 Week Low₹99.20
Beta0.88
1 Month Change3.38%
3 Month Change24.79%
1 Year Change64.78%
3 Year Change85.25%
5 Year Change32.90%
Change since IPO276.54%

Recent News & Updates

May 23
Estimating The Fair Value Of Nava Bharat Ventures Limited (NSE:NBVENTURES)

Estimating The Fair Value Of Nava Bharat Ventures Limited (NSE:NBVENTURES)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Nava Bharat Ventures...

Shareholder Returns

NBVENTURESIN IndustrialsIN Market
7D21.2%1.6%2.3%
1Y64.8%2.9%-0.9%

Return vs Industry: NBVENTURES exceeded the Indian Industrials industry which returned 2.9% over the past year.

Return vs Market: NBVENTURES exceeded the Indian Market which returned -0.9% over the past year.

Price Volatility

Is NBVENTURES's price volatile compared to industry and market?
NBVENTURES volatility
NBVENTURES Average Weekly Movement12.5%
Industrials Industry Average Movement5.2%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: NBVENTURES is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: NBVENTURES's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1972697Ashwin Devinenihttps://www.nbventures.com

Nava Bharat Ventures Limited engages in the ferro alloys, power, mining, and healthcare businesses in India, Zambia, China, Japan, and internationally. It generates and sells power using coal, biomass, and bagasse. The company operates 150 MW and 114 MW power plants in Paloncha, Telangana; 150 MW power plant in Kharagprasad, Odisha; 20 MW biomass power plant in Dharmavaram, Andhra Pradesh; 9 MW co-gen power plant in Samalkot, Andhra Pradesh; and 300 MW thermal power plant in Zambia.

Nava Bharat Ventures Fundamentals Summary

How do Nava Bharat Ventures's earnings and revenue compare to its market cap?
NBVENTURES fundamental statistics
Market Cap₹25.93b
Earnings (TTM)₹5.10b
Revenue (TTM)₹33.48b

5.1x

P/E Ratio

0.8x

P/S Ratio

Is NBVENTURES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NBVENTURES income statement (TTM)
Revenue₹33.48b
Cost of Revenue₹12.46b
Gross Profit₹21.02b
Other Expenses₹15.92b
Earnings₹5.10b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)35.15
Gross Margin62.79%
Net Profit Margin15.24%
Debt/Equity Ratio63.1%

How did NBVENTURES perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

17%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is NBVENTURES undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NBVENTURES?

Other financial metrics that can be useful for relative valuation.

NBVENTURES key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.8x
Enterprise Value/EBITDA4.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does NBVENTURES's PE Ratio compare to its peers?

NBVENTURES PE Ratio vs Peers
The above table shows the PE ratio for NBVENTURES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.8x
532259 Apar Industries
14.3x4.0%₹36.7b
523319 Balmer Lawrie
13.4xn/a₹18.6b
500164 Godrej Industries
22.1xn/a₹144.5b
532485 Balmer Lawrie Investments
9.3xn/a₹8.2b
NBVENTURES Nava Bharat Ventures
5.1xn/a₹26.0b

Price-To-Earnings vs Peers: NBVENTURES is good value based on its Price-To-Earnings Ratio (5.1x) compared to the peer average (14.8x).


Price to Earnings Ratio vs Industry

How does NBVENTURES's PE Ratio compare vs other companies in the Asian Industrials Industry?

Price-To-Earnings vs Industry: NBVENTURES is good value based on its Price-To-Earnings Ratio (5.1x) compared to the Indian Industrials industry average (13.3x)


Price to Earnings Ratio vs Fair Ratio

What is NBVENTURES's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NBVENTURES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NBVENTURES's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of NBVENTURES when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NBVENTURES (₹178.95) is trading below our estimate of fair value (₹231.28)

Significantly Below Fair Value: NBVENTURES is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NBVENTURES's PEG Ratio to determine if it is good value.


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Future Growth

How is Nava Bharat Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.3%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nava Bharat Ventures has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Nava Bharat Ventures is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Nava Bharat Ventures competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Nava Bharat Ventures performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


20.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NBVENTURES has high quality earnings.

Growing Profit Margin: NBVENTURES's current net profit margins (15.2%) are lower than last year (16.8%).


Past Earnings Growth Analysis

Earnings Trend: NBVENTURES's earnings have grown by 20% per year over the past 5 years.

Accelerating Growth: NBVENTURES's earnings growth over the past year (19.5%) is below its 5-year average (20% per year).

Earnings vs Industry: NBVENTURES earnings growth over the past year (19.5%) underperformed the Industrials industry 19.5%.


Return on Equity

High ROE: NBVENTURES's Return on Equity (10%) is considered low.


Discover strong past performing companies

Financial Health

How is Nava Bharat Ventures's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NBVENTURES's short term assets (₹25.4B) exceed its short term liabilities (₹22.6B).

Long Term Liabilities: NBVENTURES's short term assets (₹25.4B) do not cover its long term liabilities (₹28.1B).


Debt to Equity History and Analysis

Debt Level: NBVENTURES's net debt to equity ratio (48.3%) is considered high.

Reducing Debt: NBVENTURES's debt to equity ratio has reduced from 127.6% to 63.1% over the past 5 years.

Debt Coverage: NBVENTURES's debt is not well covered by operating cash flow (17%).

Interest Coverage: NBVENTURES's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


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Dividend

What is Nava Bharat Ventures's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.36%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NBVENTURES's dividend (3.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: NBVENTURES's dividend (3.35%) is in the top 25% of dividend payers in the Indian market (1.89%)


Stability and Growth of Payments

Stable Dividend: NBVENTURES's dividend payments have been volatile in the past 10 years.

Growing Dividend: NBVENTURES's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.1%), NBVENTURES's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (16%), NBVENTURES's dividend payments are well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure


CEO

Ashwin Devineni (38 yo)

3.08yrs

Tenure

Mr. Ashwin Devineni has been the Managing Director of Nava Bharat (Singapore) Pte. Limited since August 1, 2012. Mr. Ashwin has been Chief Executive Officer and Whole Time Director of Nava Bharat Ventures...


Leadership Team

Experienced Management: NBVENTURES's management team is seasoned and experienced (6 years average tenure).


Board Members

Experienced Board: NBVENTURES's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NBVENTURES insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nava Bharat Ventures Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Nava Bharat Ventures Limited
  • Ticker: NBVENTURES
  • Exchange: NSEI
  • Founded: 1972
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Implied Market Cap: ₹25.926b
  • Shares outstanding: 145.16m
  • Website: https://www.nbventures.com

Number of Employees


Location

  • Nava Bharat Ventures Limited
  • Silicon House
  • H.No: 8-3-318/1, Plot No: 78
  • Hyderabad
  • 500 034
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.