BSE:540204

Stock Analysis Report

Narendra Investments (Delhi)

Executive Summary

Narendra Investments (Delhi) Limited, together with its subsidiaries, provides investment and advisory services in India.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Narendra Investments (Delhi)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540204's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.4%

540204

5.5%

IN Capital Markets

8.9%

IN Market


1 Year Return

-82.2%

540204

-40.3%

IN Capital Markets

-30.6%

IN Market

Return vs Industry: 540204 underperformed the Indian Capital Markets industry which returned -40.3% over the past year.

Return vs Market: 540204 underperformed the Indian Market which returned -30.6% over the past year.


Shareholder returns

540204IndustryMarket
7 Day-9.4%5.5%8.9%
30 Day-24.0%-33.9%-24.8%
90 Day-33.0%-34.5%-29.4%
1 Year-82.2%-82.2%-39.2%-40.3%-29.2%-30.6%
3 Year-48.7%-49.3%-43.9%-46.1%-17.0%-21.5%
5 Yearn/a-26.0%-30.9%-5.4%-10.4%

Price Volatility Vs. Market

How volatile is Narendra Investments (Delhi)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Narendra Investments (Delhi) undervalued compared to its fair value and its price relative to the market?

0.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 540204's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 540204's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 540204 is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: 540204 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 540204's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 540204 is overvalued based on its PB Ratio (1x) compared to the IN Capital Markets industry average (0.4x).


Next Steps

Future Growth

How is Narendra Investments (Delhi) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.8%

Forecasted Diversified Financials 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 Narendra Investments (Delhi) 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 Narendra Investments (Delhi) performed over the past 5 years?

-72.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540204 is currently unprofitable.

Growing Profit Margin: 540204 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 540204 is unprofitable, and losses have increased over the past 5 years at a rate of -72.6% per year.

Accelerating Growth: Unable to compare 540204's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 540204 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-6.1%).


Return on Equity

High ROE: 540204 has a negative Return on Equity (-108.62%), as it is currently unprofitable.


Next Steps

Financial Health

How is Narendra Investments (Delhi)'s financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 540204 has a high level of physical assets or inventory.

Debt Coverage by Assets: 540204's debt is covered by short term assets (assets are 2.9x 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: Insufficient data to determine if 540204 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 540204 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: 540204's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if 540204 has a sufficient allowance for bad loans.

Low Risk Liabilities: 540204 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 540204 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 540204 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 540204 has an appropriate level of bad loans.


Next Steps

Dividend

What is Narendra Investments (Delhi)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 540204's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 540204'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 540204's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 540204's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 540204 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 540204'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?

0.8yrs

Average management tenure


CEO

Bhavesh Tanna (41yo)

0.83

Tenure

Mr. Bhavesh Dhirajlal Tanna served as the Managing Director of Amarnath Securities Limited and served as its Whole Time Director and served as its Compliance Officer. Mr. Tanna is engaged in the business o ...


Leadership Team

NamePositionTenureCompensationOwnership
Bhavesh Tanna
MD & Non-Independent Director0.83yrno data2.6% 1.0m
Tejas Deherkar
Chief Financial Officer0.83yrno datano data
Chintan Doshi
Company Secretary & Compliance Officer4yrsno datano data

0.8yrs

Average Tenure

Experienced Management: 540204's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Bhavesh Tanna
MD & Non-Independent Director0.83yrno data2.6% 1.0m
Laxmikant Kabra
Chairmanno datano data0.52% 203.0k
Mandar Patil
Non-Executive Independent Director5.42yrsno datano data
Archana Dakhale
Non-Executive Independent Director4.67yrsno datano data

5.4yrs

Average Tenure

45yo

Average Age

Experienced Board: 540204's board of directors are considered experienced (5.4 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

Narendra Investments (Delhi) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Narendra Investments (Delhi) Limited
  • Ticker: 540204
  • Exchange: BSE
  • Founded: 1977
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: ₹38.773m
  • Shares outstanding: 3.82m
  • Website: https://www.narendrainvestment.com

Location

  • Narendra Investments (Delhi) Limited
  • 1, Matru Chhaya
  • Ground floor
  • Thane
  • Maharashtra
  • 400602
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540204BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2016

Biography

Narendra Investments (Delhi) Limited, together with its subsidiaries, provides investment and advisory services in India. The company also manufactures and trades in food products, such as spices, pickles, ready to make foods, etc. Narendra Investments (Delhi) Limited was incorporated in 1977 and is based in Thane, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 13:53
End of Day Share Price2020/03/31 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.