CIL Nova Petrochemicals Limited manufactures and sells yarns in India.
Adequate balance sheet and overvalued.
Share Price & News
How has CIL Nova Petrochemicals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CNOVAPETRO's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CNOVAPETRO underperformed the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: CNOVAPETRO underperformed the Indian Market which returned 10.7% over the past year.
Price Volatility Vs. Market
How volatile is CIL Nova Petrochemicals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StDid Changing Sentiment Drive CIL Nova Petrochemicals's (NSE:CNOVAPETRO) Share Price Down A Painful 72%?
5 months ago | Simply Wall StIs CIL Nova Petrochemicals (NSE:CNOVAPETRO) Weighed On By Its Debt Load?
6 months ago | Simply Wall StEstimating The Intrinsic Value Of CIL Nova Petrochemicals Limited (NSE:CNOVAPETRO)
Is CIL Nova Petrochemicals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CNOVAPETRO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CNOVAPETRO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CNOVAPETRO is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: CNOVAPETRO is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CNOVAPETRO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CNOVAPETRO is good value based on its PB Ratio (0.2x) compared to the IN Luxury industry average (0.5x).
How is CIL Nova Petrochemicals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 CIL Nova Petrochemicals 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.
- Examine CIL Nova Petrochemicals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- CIL Nova Petrochemicals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has CIL Nova Petrochemicals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNOVAPETRO is currently unprofitable.
Growing Profit Margin: CNOVAPETRO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CNOVAPETRO is unprofitable, and losses have increased over the past 5 years at a rate of -48.5% per year.
Accelerating Growth: Unable to compare CNOVAPETRO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CNOVAPETRO is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).
Return on Equity
High ROE: CNOVAPETRO has a negative Return on Equity (-2.9%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is CIL Nova Petrochemicals's financial position?
Financial Position Analysis
Short Term Liabilities: CNOVAPETRO's short term assets (₹735.8M) exceed its short term liabilities (₹718.7M).
Long Term Liabilities: CNOVAPETRO's short term assets (₹735.8M) exceed its long term liabilities (₹108.6M).
Debt to Equity History and Analysis
Debt Level: CNOVAPETRO's debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: CNOVAPETRO's debt to equity ratio has reduced from 119% to 27.4% over the past 5 years.
Inventory Level: CNOVAPETRO has a high level of physical assets or inventory.
Debt Coverage by Assets: CNOVAPETRO's debt is covered by short term assets (assets are 3.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CNOVAPETRO has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if CNOVAPETRO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is CIL Nova Petrochemicals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate CNOVAPETRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CNOVAPETRO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CNOVAPETRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CNOVAPETRO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CNOVAPETRO's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pradipkumar Khandelwal (57yo)
Mr. Pradipkumar Khandelwal has been the Chief Executive Officer at CIL Nova Petrochemicals Limited since November 13, 2014.
CEO Compensation Analysis
Compensation vs Market: Pradipkumar's total compensation ($USD44.96K) is about average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Pradipkumar's compensation has increased whilst the company is unprofitable.
|Chief Executive Officer||5.3yrs||₹3.22m||no data|
|Chief Financial Officer||3.7yrs||₹1.10m||no data|
|Company Secretary & Compliance Officer||2.2yrs||₹485.00k||no data|
|Whole-Time Director||4yrs||₹1.75m||no data|
|Assistant Vice President of Marketing & Sales||20.5yrs||no data||no data|
Experienced Management: CNOVAPETRO's management team is considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CIL Nova Petrochemicals Limited's company bio, employee growth, exchange listings and data sources
- Name: CIL Nova Petrochemicals Limited
- Ticker: CNOVAPETRO
- Exchange: NSEI
- Founded: 2003
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹205.960m
- Shares outstanding: 27.10m
- Website: https://www.cnpcl.com
Number of Employees
- CIL Nova Petrochemicals Limited
- Chiripal House
- Shivranjani Cross Roads
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|533407||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2011|
|CNOVAPETRO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 2011|
CIL Nova Petrochemicals Limited manufactures and sells yarns in India. The company offers partially oriented, micro-filament, draw twisted, texturized, and fully drawn yarns. It is also involved in the preparation and spinning of man-made fibers, including blended manmade fibers and others. The company also exports its products to Turkey, Spain, Italy, Germany, Peru, Tanzania, Brazil, Israel, France, Portugal, and the Middle East. CIL Nova Petrochemicals Limited was incorporated in 2003 and is based in Ahmedabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 13:07|
|End of Day Share Price||2020/02/19 00:00|
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.