NSEI:NAGREEKEXP

Stock Analysis Report

Executive Summary

Nagreeka Exports Limited engages in manufacturing and exporting cotton yarns and other various merchandise in India and internationally.


Snowflake Analysis

Undervalued with proven track record.


Similar Companies

Share Price & News

How has Nagreeka Exports's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NAGREEKEXP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.3%

NAGREEKEXP

1.1%

IN Luxury

-0.07%

IN Market


1 Year Return

-33.3%

NAGREEKEXP

17.4%

IN Luxury

9.5%

IN Market

Return vs Industry: NAGREEKEXP underperformed the Indian Luxury industry which returned 17.4% over the past year.

Return vs Market: NAGREEKEXP underperformed the Indian Market which returned 9.5% over the past year.


Shareholder returns

NAGREEKEXPIndustryMarket
7 Day5.3%1.1%-0.07%
30 Day-18.1%2.3%-1.3%
90 Day0.7%10.5%1.9%
1 Year-33.3%-33.3%18.1%17.4%11.5%9.5%
3 Year-57.8%-57.8%54.7%52.9%23.6%16.7%
5 Year-40.0%-40.0%107.0%100.1%35.5%22.9%

Price Volatility Vs. Market

How volatile is Nagreeka Exports's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Nagreeka Exports undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NAGREEKEXP (₹13.8) is trading below our estimate of fair value (₹42.19)

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


Price To Earnings Ratio

PE vs Industry: NAGREEKEXP is good value based on its PE Ratio (7.4x) compared to the Luxury industry average (11.4x).

PE vs Market: NAGREEKEXP is good value based on its PE Ratio (7.4x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NAGREEKEXP is good value based on its PB Ratio (0.2x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Nagreeka Exports forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.8%

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 Nagreeka Exports 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.


Next Steps

Past Performance

How has Nagreeka Exports performed over the past 5 years?

-7.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NAGREEKEXP has high quality earnings.

Growing Profit Margin: NAGREEKEXP's current net profit margins (0.5%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: NAGREEKEXP has become profitable over the past 5 years, growing earnings by -7.8% per year.

Accelerating Growth: NAGREEKEXP's earnings growth over the past year (4.9%) exceeds its 5-year average (-7.8% per year).

Earnings vs Industry: NAGREEKEXP earnings growth over the past year (4.9%) underperformed the Luxury industry 6.4%.


Return on Equity

High ROE: NAGREEKEXP's Return on Equity (2.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Nagreeka Exports's financial position?


Financial Position Analysis

Short Term Liabilities: NAGREEKEXP's short term assets (₹2.2B) do not cover its short term liabilities (₹2.2B).

Long Term Liabilities: NAGREEKEXP's short term assets (₹2.2B) exceed its long term liabilities (₹365.7M).


Debt to Equity History and Analysis

Debt Level: NAGREEKEXP's debt to equity ratio (152.7%) is considered high.

Reducing Debt: NAGREEKEXP's debt to equity ratio has reduced from 195.9% to 152.7% over the past 5 years.

Debt Coverage: NAGREEKEXP's debt is not well covered by operating cash flow (6.9%).

Interest Coverage: NAGREEKEXP's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet

Inventory Level: NAGREEKEXP has a high level of physical assets or inventory.

Debt Coverage by Assets: NAGREEKEXP's debt is covered by short term assets (assets are 1.3x debt).


Next Steps

Dividend

What is Nagreeka Exports's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NAGREEKEXP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NAGREEKEXP'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 NAGREEKEXP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NAGREEKEXP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: NAGREEKEXP is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NAGREEKEXP's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

5.8yrs

Average management tenure


CEO

Sunil Patwari (59yo)

6.4yrs

Tenure

₹3,600,000

Compensation

Mr. Sunil Ishwarlal Patwari, FCA, MBA (IIM) serves as the Vice Chairman at Nagreeka Exports Ltd. and has been its Managing Director since September 1, 2013. He is Vice Chairman of the Board at Nagreeka Cap ...


CEO Compensation Analysis

Compensation vs Market: Sunil's total compensation ($USD50.12K) is about average for companies of similar size in the Indian market ($USD50.06K).

Compensation vs Earnings: Sunil's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sushil Patwari
Executive Chairman0yrs₹3.60m10.9% 19.5m
Sunil Patwari
Vice Chairman & MD6.4yrs₹3.60m8.04% 14.4m
Kedar Bansal
Chief Financial Officer5.8yrsno datano data
Mahendra Patwari
Whole-Time Director15.6yrs₹3.60m4.28% 7.7m
Debabrata Choudhary
Whole-Time Director3.8yrs₹1.67mno data
Gopal Sharma
Company Secretary & Compliance Officer0.8yrsno datano data

5.8yrs

Average Tenure

62yo

Average Age

Experienced Management: NAGREEKEXP's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sushil Patwari
Executive Chairman0yrs₹3.60m10.9% 19.5m
Sunil Patwari
Vice Chairman & MD6.4yrs₹3.60m8.04% 14.4m
Mahendra Patwari
Whole-Time Director15.6yrs₹3.60m4.28% 7.7m
Debabrata Choudhary
Whole-Time Director3.8yrs₹1.67mno data
Mohan Ogra
Independent Director 18.7yrs₹73.50kno data
Rajendra Mahavir Ruia
Independent Director11.6yrs₹30.00k0.14% 258.8k
Surabhi Sanganeria
Independent Director5.3yrs₹53.50kno data
Tushar Jhunjhunwala
Additional Independent Director0.3yrsno datano data

8.4yrs

Average Tenure

62yo

Average Age

Experienced Board: NAGREEKEXP's board of directors are considered experienced (8.4 years average tenure).


Ownership

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.


Ownership Breakdown

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


Top Shareholders

Company Information

Nagreeka Exports Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nagreeka Exports Limited
  • Ticker: NAGREEKEXP
  • Exchange: NSEI
  • Founded: 1989
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹179.371m
  • Shares outstanding: 12.50m
  • Website: https://www.nagreeka.com

Number of Employees


Location

  • Nagreeka Exports Limited
  • 7, Kala Bhavan
  • 3, Mathew Road
  • Mumbai
  • Maharashtra
  • 400004
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
521109BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 1994
NAGREEKEXPNSEI (National Stock Exchange of India)YesEquity SharesININRSep 1994

Biography

Nagreeka Exports Limited engages in manufacturing and exporting cotton yarns and other various merchandise in India and internationally. It offers cotton fibers, dyed yarns, knit and woven fabrics, and garments. The company was incorporated in 1989 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 12:54
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.