company background image
5003

NirlonBSE:500307 Stock Report

Market Cap

₹32.5b

7D

-5.3%

1Y

54.6%

Updated

21 Oct, 2021

Data

Company Financials
500307 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends3/6

500307 Overview

Nirlon Limited engages in the development and management of an industrial park.

Price History & Performance

Summary of all time highs, changes and price drops for Nirlon
Historical stock prices
Current Share Price₹360.15
52 Week High₹225.25
52 Week Low₹395.00
Beta0.29
1 Month Change15.78%
3 Month Change22.50%
1 Year Change54.60%
3 Year Change86.99%
5 Year Change70.97%
Change since IPO1,575.12%

Recent News & Updates

Shareholder Returns

500307IN Real EstateIN Market
7D-5.3%-6.8%-2.4%
1Y54.6%117.3%62.6%

Return vs Industry: 500307 underperformed the Indian Real Estate industry which returned 121.6% over the past year.

Return vs Market: 500307 underperformed the Indian Market which returned 63.7% over the past year.

Price Volatility

Is 500307's price volatile compared to industry and market?
500307 volatility
500307 Beta0.29
Industry Beta0.94
Market Beta1

Stable Share Price: 500307 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 500307's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19583Rahul Sagarhttps://www.nirlonltd.com

Nirlon Limited engages in the development and management of an industrial park. It owns the Nirlon Knowledge Park, a 23 acres industrial/information technology park located in Goregaon, Mumbai. The company was incorporated in 1958 and is based in Mumbai, India.

Nirlon Fundamentals Summary

How do Nirlon's earnings and revenue compare to its market cap?
500307 fundamental statistics
Market Cap₹32.46b
Earnings (TTM)₹1.21b
Revenue (TTM)₹3.12b

26.7x

P/E Ratio

10.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500307 income statement (TTM)
Revenue₹3.12b
Cost of Revenue₹312.38m
Gross Profit₹2.81b
Expenses₹1.59b
Earnings₹1.21b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 09, 2021

Earnings per share (EPS)13.48
Gross Margin89.99%
Net Profit Margin38.91%
Debt/Equity Ratio170.3%

How did 500307 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

59%

Payout Ratio

Valuation

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

26.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500307 (₹360.15) is trading above our estimate of fair value (₹344.86)

Significantly Below Fair Value: 500307 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500307 is good value based on its PE Ratio (26.7x) compared to the Indian Real Estate industry average (34.4x).

PE vs Market: 500307 is poor value based on its PE Ratio (26.7x) compared to the Indian market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500307's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500307 is overvalued based on its PB Ratio (5.7x) compared to the IN Real Estate industry average (1.2x).


Future Growth

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

34.4%

Forecasted Real Estate 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 Nirlon 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.


Past Performance

How has Nirlon performed over the past 5 years?

24.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500307 has high quality earnings.

Growing Profit Margin: 500307's current net profit margins (38.9%) are higher than last year (37%).


Past Earnings Growth Analysis

Earnings Trend: 500307's earnings have grown significantly by 24.3% per year over the past 5 years.

Accelerating Growth: 500307's earnings growth over the past year (4.4%) is below its 5-year average (24.3% per year).

Earnings vs Industry: 500307 earnings growth over the past year (4.4%) exceeded the Real Estate industry -1.6%.


Return on Equity

High ROE: Whilst 500307's Return on Equity (21.14%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Nirlon's financial position?


Financial Position Analysis

Short Term Liabilities: 500307's short term assets (₹216.5M) do not cover its short term liabilities (₹1.3B).

Long Term Liabilities: 500307's short term assets (₹216.5M) do not cover its long term liabilities (₹12.0B).


Debt to Equity History and Analysis

Debt Level: 500307's debt to equity ratio (170.3%) is considered high.

Reducing Debt: 500307's debt to equity ratio has increased from 40.9% to 170.3% over the past 5 years.

Debt Coverage: 500307's debt is well covered by operating cash flow (21.4%).

Interest Coverage: 500307's interest payments on its debt are well covered by EBIT (12.7x coverage).


Balance Sheet


Dividend

What is Nirlon current dividend yield, its reliability and sustainability?

2.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500307's dividend (2.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 500307's dividend (2.22%) is in the top 25% of dividend payers in the Indian market (1.38%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 500307 has been paying a dividend for less than 10 years.

Growing Dividend: 500307's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (59.4%), 500307's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.0yrs

Average board tenure


CEO

Rahul Sagar (50 yo)

2.92yrs

Tenure

₹23,368,000

Compensation

Mr. Rahul Virenchee Sagar has been Chief Executive Officer of Nirlon Limited since November 12, 2018. He was appointed as a Director of Nirlon Limited since June 2006 and has been its Executive Director si...


CEO Compensation Analysis

Compensation vs Market: Rahul's total compensation ($USD312.22K) is about average for companies of similar size in the Indian market ($USD294.27K).

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


Board Members

Experienced Board: 500307's board of directors are considered experienced (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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Nirlon Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Nirlon Limited
  • Ticker: 500307
  • Exchange: BSE
  • Founded: 1958
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: ₹32.456b
  • Shares outstanding: 90.12m
  • Website: https://www.nirlonltd.com

Number of Employees


Location

  • Nirlon Limited
  • Pahadi Village
  • Off the Western Express Highway
  • Mumbai
  • Maharashtra
  • 400063
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:03
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.