India Nipp.Elec.

  • Market Cap: Small Cap
  • Industry: Auto Components & Equipments
  • ISIN: INE092B01025
  • NSEID: INDNIPPON
  • BSEID: 532240
INR
1,284.05
160.7 (14.31%)
BSENSE

Sep 09, 02:53 PM

BSE+NSE Vol: 5.66 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Rajratan Global
GNA Axles
MM Forgings
Talbros Auto.
Carraro India
RACL Geartech
India Nipp.Elec.
Federal-Mogul Go
Sar Auto Prod.
Automotive Axles
Sundaram Clayton

Why is India Nippon Electricals Ltd ?

1
The company is Net-Debt Free
2
Poor long term growth as Operating profit has grown by an annual rate 16.07% of over the last 5 years
3
The company has declared Positive results for the last 4 consecutive quarters
  • PAT(9M) At Rs 79.70 cr has Grown at 20.60%
  • ROCE(HY) Highest at 15.95%
  • DEBTORS TURNOVER RATIO(HY) Highest at 5.18 times
4
With ROE of 12.1, it has a Fair valuation with a 3.1 Price to Book Value
  • The stock is trading at a premium compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 33.41%, its profits have risen by 18% ; the PEG ratio of the company is 1.4
5
Despite the size of the company, domestic mutual funds hold only 0% of the company
  • Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
6
Consistent Returns over the last 3 years
  • Along with generating 33.41% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to India Nipp.Elec. should be less than 10%
  2. Overall Portfolio exposure to Auto Components & Equipments should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is India Nipp.Elec. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
India Nipp.Elec.
38.43%
0.79
42.25%
Sensex
-7.59%
-0.55
13.43%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
15.56%
EBIT Growth (5y)
16.07%
EBIT to Interest (avg)
60.58
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.19
Sales to Capital Employed (avg)
1.18
Tax Ratio
23.81%
Dividend Payout Ratio
34.47%
Pledged Shares
0
Institutional Holding
0.54%
ROCE (avg)
12.40%
ROE (avg)
10.34%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
26
Industry P/E
40
Price to Book Value
3.08
EV to EBIT
23.61
EV to EBITDA
20.04
EV to Capital Employed
3.58
EV to Sales
2.22
PEG Ratio
1.42
Dividend Yield
1.38%
ROCE (Latest)
15.18%
ROE (Latest)
12.06%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

11What is working for the Company
PAT(9M)

At Rs 79.70 cr has Grown at 20.60%

ROCE(HY)

Highest at 15.95%

DEBTORS TURNOVER RATIO(HY)

Highest at 5.18 times

NET SALES(Q)

Highest at Rs 304.48 cr

-1What is not working for the Company
CASH AND CASH EQUIVALENTS(HY)

Lowest at Rs 6.22 cr

Loading Valuation Snapshot...

Here's what is working for India Nipp.Elec.

Profit After Tax (PAT) - Nine Monthly
At Rs 79.70 cr has Grown at 20.60%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 304.48 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Debtors Turnover Ratio- Half Yearly
Highest at 5.18 times
in the last five half yearly periods
MOJO Watch
Company has been able to settle its Debtors faster

Debtors Turnover Ratio

Here's what is not working for India Nipp.Elec.

Cash and Cash Equivalents - Half Yearly
Lowest at Rs 6.22 cr
in the last six half yearly periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents