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Nahar Industrial Enterprises

NSEI:NAHARINDUS
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NAHARINDUS
NSEI
₹2B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Nahar Industrial Enterprises Limited, an integrated textile manufacturer, engages in spinning, weaving, processing, and selling textiles in India. The last earnings update was 229 days ago. More info.


Add to Portfolio Compare Print
  • Nahar Industrial Enterprises has significant price volatility in the past 3 months.
NAHARINDUS Share Price and Events
7 Day Returns
-0.1%
NSEI:NAHARINDUS
0.9%
IN Luxury
0.8%
IN Market
1 Year Returns
-48.8%
NSEI:NAHARINDUS
-3.2%
IN Luxury
-0.7%
IN Market
NAHARINDUS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nahar Industrial Enterprises (NAHARINDUS) -0.1% -2.7% -26.6% -48.8% -31.6% -29.2%
IN Luxury 0.9% 1.6% 8.6% -3.2% 48.8% 161.5%
IN Market 0.8% 2.1% 5.8% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • NAHARINDUS underperformed the Luxury industry which returned -3.2% over the past year.
  • NAHARINDUS underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
NAHARINDUS
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Nahar Industrial Enterprises undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Nahar Industrial Enterprises. This is due to cash flow or dividend data being unavailable. The share price is ₹41.85.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nahar Industrial Enterprises's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nahar Industrial Enterprises's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:NAHARINDUS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹4.46
BSE:519136 Share Price ** BSE (2019-04-18) in INR ₹41.1
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.25x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nahar Industrial Enterprises.

NSEI:NAHARINDUS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:519136 Share Price ÷ EPS (both in INR)

= 41.1 ÷ 4.46

9.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nahar Industrial Enterprises is good value based on earnings compared to the IN Luxury industry average.
  • Nahar Industrial Enterprises is good value based on earnings compared to the India market.
Price based on expected Growth
Does Nahar Industrial Enterprises's expected growth come at a high price?
Raw Data
NSEI:NAHARINDUS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
23.9%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.55x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nahar Industrial Enterprises, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nahar Industrial Enterprises's assets?
Raw Data
NSEI:NAHARINDUS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹176.94
BSE:519136 Share Price * BSE (2019-04-18) in INR ₹41.1
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.74x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
NSEI:NAHARINDUS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:519136 Share Price ÷ Book Value per Share (both in INR)

= 41.1 ÷ 176.94

0.23x

* Primary Listing of Nahar Industrial Enterprises.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nahar Industrial Enterprises is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Nahar Industrial Enterprises's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Nahar Industrial Enterprises has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Nahar Industrial Enterprises expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Nahar Industrial Enterprises, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nahar Industrial Enterprises expected to grow at an attractive rate?
  • Nahar Industrial Enterprises's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Nahar Industrial Enterprises's earnings growth is expected to exceed the India market average.
  • Unable to compare Nahar Industrial Enterprises's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:NAHARINDUS Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:NAHARINDUS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 23.9%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:NAHARINDUS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:NAHARINDUS Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 17,588 496 178
2017-03-31 17,222 2,187 690
2016-03-31 17,700 1,159 395
2015-12-31 17,098 152
2015-09-30 16,992 -48
2015-06-30 17,458 -187

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Nahar Industrial Enterprises's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Nahar Industrial Enterprises is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:NAHARINDUS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Nahar Industrial Enterprises Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:NAHARINDUS Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 4.46
2017-03-31 17.33
2016-03-31 9.91
2015-12-31 3.80
2015-09-30 -1.19
2015-06-30 -4.69

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Nahar Industrial Enterprises will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Nahar Industrial Enterprises's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nahar Industrial Enterprises has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Nahar Industrial Enterprises performed over the past 5 years?

  • Nahar Industrial Enterprises's last earnings update was 229 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nahar Industrial Enterprises's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Nahar Industrial Enterprises's year on year earnings growth rate was positive over the past 5 years.
  • Nahar Industrial Enterprises's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Nahar Industrial Enterprises's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Nahar Industrial Enterprises's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nahar Industrial Enterprises Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:NAHARINDUS Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 17,587.71 177.74 1,860.59
2017-03-31 17,222.42 690.48 1,755.10
2016-03-31 17,700.08 394.66 1,700.98
2015-12-31 17,098.06 151.59 2,202.24
2015-09-30 16,991.98 -47.55 2,164.77
2015-06-30 17,457.74 -186.98 1,631.21
2015-03-31 18,029.55 -277.82 1,593.86
2014-12-31 18,531.21 -221.30 2,001.68
2014-09-30 18,735.57 48.24 1,968.89
2014-06-30 18,897.40 408.92 1,945.46
2014-03-31 18,495.14 692.48 1,910.47
2013-12-31 18,079.45 913.38 1,884.44
2013-09-30 18,076.48 770.00 1,828.84
2013-06-30 17,771.29 602.28 1,300.79
2013-03-31 17,104.39 418.45 1,710.83
2012-12-31 16,224.43 159.34 1,501.32
2012-09-30 14,964.40 -27.55 1,436.56
2012-06-30 14,004.95 -242.59 1,230.37

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Nahar Industrial Enterprises has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Nahar Industrial Enterprises used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Nahar Industrial Enterprises has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Nahar Industrial Enterprises's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nahar Industrial Enterprises has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Nahar Industrial Enterprises's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nahar Industrial Enterprises's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nahar Industrial Enterprises is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nahar Industrial Enterprises's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Nahar Industrial Enterprises's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nahar Industrial Enterprises Company Filings, last reported 1 year ago.

NSEI:NAHARINDUS Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 7,048.23 9,701.09 7.63
2017-03-31 6,970.52 8,803.62 17.17
2016-03-31 6,140.22 9,420.85 24.56
2015-12-31 5,844.52 6,130.72 34.08
2015-09-30 5,844.52 6,130.72 34.08
2015-06-30 5,794.55 10,214.83 34.44
2015-03-31 5,796.79 9,730.49 34.44
2014-12-31 5,892.07 9,310.89 40.51
2014-09-30 5,892.07 9,310.89 40.51
2014-06-30 6,409.46 11,046.64 24.82
2014-03-31 6,409.46 11,046.64 24.82
2013-12-31 6,225.59 9,906.51 36.64
2013-09-30 6,225.59 9,906.51 36.64
2013-06-30 5,763.90 12,325.12 21.93
2013-03-31 5,763.90 11,985.57 21.93
2012-12-31 5,501.88 10,180.66 30.20
2012-09-30 5,501.88 10,180.66 30.20
2012-06-30 5,391.75 9,891.77 29.26
  • Nahar Industrial Enterprises's level of debt (137.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (208% vs 137.6% today).
  • Debt is not well covered by operating cash flow (5.1%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Nahar Industrial Enterprises's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nahar Industrial Enterprises has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Nahar Industrial Enterprises's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Nahar Industrial Enterprises dividends.
If you bought ₹2,000 of Nahar Industrial Enterprises shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Nahar Industrial Enterprises's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Nahar Industrial Enterprises's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:NAHARINDUS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:NAHARINDUS Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-09-03 0.000 0.000
2018-05-30 0.000 0.000
2017-09-06 1.000 1.104
2017-05-30 1.000 0.930
2016-09-06 1.000 0.871
2016-05-30 1.000 1.112
2016-02-15 0.000 0.000
2015-11-16 0.000 0.000
2015-09-07 0.000 0.000
2014-10-27 1.000 1.852
2013-08-30 1.000 1.724
2013-05-31 1.000 2.565
2013-02-11 0.000 0.000
2012-11-12 0.000 0.000
2012-09-05 0.000 0.000
2012-06-13 0.000 0.000
2011-05-31 1.000 2.584
2011-05-30 1.000 1.776
2010-10-01 1.000 1.467
2009-05-04 1.000 1.680
2009-04-21 1.000 3.244

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Nahar Industrial Enterprises has not reported any payouts.
  • Unable to verify if Nahar Industrial Enterprises's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Nahar Industrial Enterprises's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Nahar Industrial Enterprises has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Nahar Industrial Enterprises's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nahar Industrial Enterprises afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nahar Industrial Enterprises has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Nahar Industrial Enterprises's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kamal Oswal
COMPENSATION ₹26,194,120
AGE 56
TENURE AS CEO 6.2 years
CEO Bio

Mr. Kamal Oswal serves as Vice Chairman of Nahar Industrial Enterprises Ltd. and has been its Managing Director since February 1, 2013. Mr. Oswal served as the Managing Director, Chief Executive Officer and Vice Chairman of Nahar International Limited. Mr. Oswal has business experience of more than 23 years in the Industry. He serves as the Chairman at Oswal Leasing Limited. He serves as a Director of Nahar Exports Ltd. and Oswal Woollen Mills Limited. He has been Non-Executive Director at Nahar Capital and Financial Services Limited since March 31, 2006. Mr. Oswal serves as a Non-Executive Director at Nahar Poly Films Limited, Nahar Spinning Mills Ltd. and Nahar Investments and Holding Ltd. His other Directorship/Membership in the committees include: Nahar Industrial Infrastructure Corp. Ltd, Vardhman Investments Limited, Girnar Investment Limited, J.L. Growth Fund Limited, Atam Vallabh Financiers Limited, Nagdevi Trading & Investment Co. Ltd, Sankheshwar Holding Company Limited, Cotton County Retail Limited, Crown Star Limited (UK), Abhilash Growth Fund Pvt.Ltd, Nahar Growth Fund Pvt. Ltd and Neha Credit & Investment Pvt. Ltd. He served as a Director of Monte Carlo Fashions Limited from July 7, 2008 to March 21, 2014. Mr. Oswal has been a Director at Oswal Leasing Limited since August 12, 1983. Mr. Oswal graduated from Government College for Boys, Ludhiana.

CEO Compensation
  • Kamal's compensation has been consistent with company performance over the past year.
  • Kamal's remuneration is higher than average for companies of similar size in India.
Management Team

Kamal Oswal

TITLE
Vice Chairman & MD
COMPENSATION
₹26M
AGE
56
TENURE
6.2 yrs

Bharat Gupta

TITLE
Chief Financial Officer
COMPENSATION
₹2M
AGE
61

Mukesh Sood

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹2M
AGE
51

Daljeet Virdi

TITLE
Vice President
AGE
63

Manisha Oswal

TITLE
President
COMPENSATION
₹3M
AGE
53
Board of Directors Tenure

Average tenure and age of the Nahar Industrial Enterprises board of directors in years:

5.1
Average Tenure
69.5
Average Age
  • The tenure for the Nahar Industrial Enterprises board of directors is about average.
Board of Directors

Jawahar Oswal

TITLE
Non-Executive Chairman
COMPENSATION
₹40K
AGE
75

Kamal Oswal

TITLE
Vice Chairman & MD
COMPENSATION
₹26M
AGE
56

Dinesh Gogna

TITLE
Non-Executive Director
COMPENSATION
₹40K
AGE
65

Vijay Asdhir

TITLE
Independent Non-Executive Director
COMPENSATION
₹40K
AGE
71
TENURE
4.2 yrs

Dinesh Oswal

TITLE
Non-Executive Director
COMPENSATION
₹40K
AGE
53

Harbhajan Bal

TITLE
Independent Non-Executive Director
COMPENSATION
₹40K
AGE
79
TENURE
17.8 yrs

Amrik Sohi

TITLE
Independent Non-Executive Director
COMPENSATION
₹20K
AGE
71
TENURE
7.7 yrs

Ajith Chatha

TITLE
Independent Non-Executive Director
COMPENSATION
₹40K
AGE
82
TENURE
6.1 yrs

Navdeep Sharma

TITLE
Non-Executive Director
COMPENSATION
₹40K
AGE
59
TENURE
3.7 yrs

Suresh Singla

TITLE
Independent Non Executive Director
COMPENSATION
₹20K
AGE
68
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Nahar Industrial Enterprises's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nahar Industrial Enterprises has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Nahar Industrial Enterprises Limited's (NSE:NAHARINDUS) Balance Sheet A Threat To Its Future?

While small-cap stocks, such as Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) with its market cap of ₹1.7b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … The following basic checks can help you get a picture of the company's balance sheet strength.

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Is Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) A Financially Sound Company?

While small-cap stocks, such as Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) with its market cap of ₹2.0b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … So, understanding the company's financial health becomes. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

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How Does Investing In Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) Impact The Volatility Of Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

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Should Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) Be Part Of Your Income Portfolio?

In the past 10 years Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) has returned an average of 1.00% per year to investors in the form of dividend payouts. … Let's dig deeper into whether Nahar Industrial Enterprises should have a place in your portfolio. … See our latest analysis for Nahar Industrial Enterprises

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Should You Be Tempted To Buy Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) Because Of Its PE Ratio?

Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) is currently trading at a trailing P/E of 14.6x, which is lower than the industry average of 15.3x. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio … View our latest analysis for Nahar Industrial Enterprises

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One Thing To Consider Before Buying Nahar Industrial Enterprises Limited (NSE:NAHARINDUS)

For Nahar Industrial Enterprises Limited’s (NSE:NAHARINDUS) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of NAHARINDUS. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

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What You Must Know About Nahar Industrial Enterprises Limited's (NSE:NAHARINDUS) Financial Strength

Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) is a small-cap stock with a market capitalization of ₹2.64b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is

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Company Info

Description

Nahar Industrial Enterprises Limited, an integrated textile manufacturer, engages in spinning, weaving, processing, and selling textiles in India. It operates through two segments, Textile and Sugar. The company offers cotton, dyed cotton, compact spun, blended, polyester, industrial, open end, open end slub, TFO, specialized, Eli twist, core spun, and vortex yarns. It also provides various fabrics, including piece dyed, yarn dyed, and printed fabrics, as well as specialty and performance fabrics, and indigo yarn dyed shirtings for use in apparels and home furnishings. In addition, the company produces various types and grades of sugar and allied products; and operates biomass/multi-fuel cogeneration power plants at Lalru and Amloh, Punjab. The company was formerly known as Oswal Fats & Oils Limited and changed its name to Nahar Industrial Enterprises Limited in 1994. Nahar Industrial Enterprises Limited was incorporated in 1983 and is based in Ludhiana, India.

Details
Name: Nahar Industrial Enterprises Limited
NAHARINDUS
Exchange: NSEI
Founded: 1983
₹1,637,224,295
39,835,141
Website: http://www.owmnahar.com/nahar_ie/about.php
Address: Nahar Industrial Enterprises Limited
Focal Point,
Ludhiana,
Punjab, 141010,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 519136 Equity Shares Mumbai Stock Exchange IN INR 10. May 1996
NSEI NAHARINDUS Equity Shares National Stock Exchange of India IN INR 10. May 1996
Number of employees
Current staff
Staff numbers
11,380
Nahar Industrial Enterprises employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:47
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/09/03
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.