Financials Nitta Gelatin India Limited

Equities

NITTAGELA6

INE265B01019

Commodity Chemicals

Market Closed - Bombay S.E. 06:00:56 2024-06-26 am EDT 5-day change 1st Jan Change
822 INR -1.74% Intraday chart for Nitta Gelatin India Limited +1.54% -5.69%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,808 1,144 810.8 1,514 2,568 8,075
Enterprise Value (EV) 1 2,747 2,166 1,634 2,293 3,409 8,165
P/E ratio 26.7 x 33 x 7.21 x 8.71 x 7.8 x 11.5 x
Yield 1.26% 1.19% 2.8% 1.8% 1.41% 0.84%
Capitalization / Revenue 0.53 x 0.38 x 0.24 x 0.38 x 0.51 x 1.43 x
EV / Revenue 0.8 x 0.71 x 0.48 x 0.58 x 0.67 x 1.44 x
EV / EBITDA 9.06 x 6.91 x 4.28 x 4.91 x 5.36 x 7.17 x
EV / FCF 27.7 x 46.4 x 5.38 x -24.2 x -26.4 x 11.8 x
FCF Yield 3.61% 2.16% 18.6% -4.13% -3.79% 8.5%
Price to Book 1.33 x 0.76 x 0.53 x 0.88 x 1.28 x 3.02 x
Nbr of stocks (in thousands) 9,079 9,079 9,079 9,079 9,079 9,079
Reference price 2 199.2 126.0 89.30 166.8 282.9 889.4
Announcement Date 7/11/18 7/18/19 7/13/20 7/7/21 7/13/22 7/12/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 3,416 3,030 3,422 3,963 5,060 5,658
EBITDA 1 303.2 313.3 381.5 467 636.5 1,139
EBIT 1 154.9 166.4 227.7 313.8 496 1,002
Operating Margin 4.53% 5.49% 6.65% 7.92% 9.8% 17.71%
Earnings before Tax (EBT) 1 119.6 73.3 134.1 253.2 491.6 990.7
Net income 1 67.78 34.71 112.4 173.9 329.2 703.1
Net margin 1.98% 1.15% 3.29% 4.39% 6.51% 12.43%
EPS 2 7.465 3.820 12.38 19.15 36.26 77.44
Free Cash Flow 1 99.23 46.69 303.9 -94.64 -129.3 693.6
FCF margin 2.91% 1.54% 8.88% -2.39% -2.56% 12.26%
FCF Conversion (EBITDA) 32.73% 14.9% 79.65% - - 60.89%
FCF Conversion (Net income) 146.4% 134.5% 270.33% - - 98.65%
Dividend per Share 2 2.500 1.500 2.500 3.000 4.000 7.500
Announcement Date 7/11/18 7/18/19 7/13/20 7/7/21 7/13/22 7/12/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 939 1,021 823 779 841 90
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.095 x 3.259 x 2.156 x 1.668 x 1.321 x 0.079 x
Free Cash Flow 1 99.2 46.7 304 -94.6 -129 694
ROE (net income / shareholders' equity) 2.84% 3.25% 7.98% 10.8% 18.3% 30.8%
ROA (Net income/ Total Assets) 3.25% 3.36% 4.67% 6.53% 9.51% 17.6%
Assets 1 2,088 1,034 2,406 2,663 3,463 4,002
Book Value Per Share 2 150.0 166.0 169.0 191.0 221.0 295.0
Cash Flow per Share 2 3.500 4.960 1.500 1.020 2.310 33.30
Capex 1 154 173 100 78.1 152 216
Capex / Sales 4.51% 5.72% 2.94% 1.97% 3% 3.82%
Announcement Date 7/11/18 7/18/19 7/13/20 7/7/21 7/13/22 7/12/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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