NACL Industries Ltd ( 524709 ) closes at ₹47.35 with a Loss of - 0.60 % on
12-May-2021 with formation of a Large Red Candle on Daily Price
Chart.
About the Company : NACL Industries Limited, formerly
Nagarjuna Agrichem Limited, is holding company, which is engaged in the
business of agri inputs. The Company is involved in the business of crop
protection. It manufactures technicals (active ingredient (AI)) and formulations.
It manufactures pesticides, insecticides, acaricides, herbicides, fungicides
and other plant growth chemicals. Its Formulation Business is primarily in the
Indian Market. It has a range of branded formulations. It also exports
technicals and formulations, and does toll manufacture for various companies.
It manufactures a range of technicals, such as Acephate, Myclobutanil,
Profenofos and Pretilachlor. It offers insecticides, including Cannon, Conserve
and Dimite; fungicides, including Nagarjuna Mass Plus and Nagarjuna Combi Plus;
herbicides, including Eraze, Point and Rhino, and plant growth regulators,
including Nagarjuna Nutri G and Nagarjuna Nutri Plus.
Sector Update : Positive
Strength : 1. Healthy
gross cash accruals, improvement in liquidity marked by reduced reliance on
working capital borrowings due to efficient working capital management while
maintaining healthy cash and liquid funds.2. Introduction of new products
Financials : NACL Industries
Ltd has posted Net Sales /
Revenue of ₹1015.00 Cr &
Net Profit of ₹17.00 Cr in
FY2020 and expected to post Net Sales / Revenue of ₹1138 Cr & Net
Profit of ₹38 Cr in FY2021 .
Valuations : The Company is now
Trading at X 1.50 of its valuations (
last 4Quaters earnings considered here) with ~50 % premium .
Margin of Safety (1Yr Bond Yield: Value>1
) is now 1.1 which
makes is. The Equity Value Per Share ( Enterprise Value Method ) is ₹41.50
Whats
best in It : NACL Industries
Ltd is now available at EPS of 0.87 (FY2020), which will improve to 1.98 in FY2021, Return
on Equity is 5.22% , ROA is 3.63%, Book Value per Share is ₹18.50 and Cos. Has paid dividend of ₹ 0.10 per share in FY2020.
If We factor its earnings/valuations, its Price arrives
at ₹65 with
consideration FY2021 earnings, ₹85 with
consideration FY2022 earnings & ₹110 with
consideration FY2023 earnings
Disclaimer : We are / may going to take exposure shortly.
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Data
Source | NSE Website | Screener.In | Capital Line | Money Control |
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author tracks economic, behavioural and corporate tends, hoping to gauge good
avenues of return based on Fundamental Valuations of Stocks, a follower of EPV
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