Nirlon Limited engages in the development and management of an industrial park.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹360.15|
|52 Week High||₹225.25|
|52 Week Low||₹395.00|
|1 Month Change||15.78%|
|3 Month Change||22.50%|
|1 Year Change||54.60%|
|3 Year Change||86.99%|
|5 Year Change||70.97%|
|Change since IPO||1,575.12%|
Recent News & Updates
|500307||IN Real Estate||IN Market|
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.
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
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
|500307 fundamental statistics|
Is 500307 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500307 income statement (TTM)|
|Cost of Revenue||₹312.38m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 09, 2021
|Earnings per share (EPS)||13.48|
|Net Profit Margin||38.91%|
How did 500307 perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is Nirlon undervalued compared to its fair value and its price relative to the market?
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).
How is Nirlon forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Nirlon performed over the past 5 years?
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.
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).
What is Nirlon current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rahul Sagar (50 yo)
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.
Experienced Board: 500307's board of directors are considered experienced (4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nirlon Limited's employee growth, exchange listings and data sources
- 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
- Nirlon Limited
- Pahadi Village
- Off the Western Express Highway
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:03|
|End of Day Share Price||2021/10/21 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.