Neycer India Ltd

📊 Stock Analysis

Market Data

Face Value₹10

Performance

ROCE15.24 %

ROE14.74 %

EPS (TTM)₹-0.29

EPS Prev Qtr₹-0.67

EPS Last Year₹-0.47

EBITDA Qtr₹-0.4 Cr.

Financial Health

Debt/Equity-0.03

Debt/Profit-0.23

Total Assets₹23.166 Cr.

Promoter Holding72.43 %

Earning Power-8.33 %

Valuation

Industry P/E27.53

Key Metrics

Face Value

₹10

About Neycer India Ltd

Consumer Durables · Ceramic Products

Neycer India Ltd is listed on NSE in the Consumer Durables / Ceramic Products sector. Face value ₹10.

Strengths & Weaknesses

Strengths

The company has a positive return on capital employed (ROCE) of 15.24%, indicating efficient use of capital.
The return on equity (ROE) is 14.74%, showing decent profitability relative to shareholder equity.
The promoter holding is 72.43%, indicating strong management control and alignment of interests.

Weaknesses

The company reported a net loss of ₹1.77 Cr, indicating unprofitable operations.
Revenue is relatively low at ₹0.66 Cr, suggesting limited scale of operations.

Peer Comparison

Name	CMP	P/E	Market Cap	Div Yield	NP Qtr	Qtr Profit Var%	Sales Qtr	Qtr Sales Var%	ROCE%	Debt/Eq
Kajaria Ceramics Ltd	-	34.7	₹18,945.44 Cr	1.18%	₹547.72 Cr	-	₹5,055.7 Cr	-	26.86%	0.06
Cera Sanitaryware Ltd	-	27.26	₹6,693.69 Cr	1.25%	₹248.3 Cr	-	₹1,947.64 Cr	-	23.1%	0.01
Somany Ceramics Ltd	-	23.95	₹2,547.1 Cr	0.32%	₹100.95 Cr	-	₹2,934.96 Cr	-	17.69%	0.3
Nitco Ltd	-	-	₹2,038.86 Cr	-	₹-29.14 Cr	-	₹507.79 Cr	-	-3.94%	1.48
Asian Granito India Ltd	-	86.36	₹1,485.04 Cr	-	₹11.1 Cr	-	₹1,938.03 Cr	-	2.75%	0.19
Orient Bell Ltd	-	27.53	₹582.39 Cr	0.25%	₹21.12 Cr	-	₹752.36 Cr	-	8.76%	0.09
Exxaro Tiles Ltd	-	68.44	₹275.6 Cr	-	₹4.1 Cr	-	₹325.19 Cr	-	4.73%	0.32
Murudeshwar Ceramics Ltd	-	17.15	₹170.25 Cr	-	₹10.13 Cr	-	₹209.41 Cr	-	5.2%	0.37
Manoj Ceramic Ltd	-	-	₹100.05 Cr	-	-	-	-	-	-	0.57
Regency Ceramics Ltd	-	-	₹87.97 Cr	-	₹-24.45 Cr	-	₹49.87 Cr	-	-138.46%	-1.29
Restile Ceramics Ltd	-	-	₹76.66 Cr	-	₹-0.11 Cr	-	₹6.54 Cr	-	-1.72%	-1.2
Euro Ceramics Ltd	-	-	-	-	₹26.99 Cr	-	₹294.1 Cr	-	-12.07%	-0.09
Ganga Bath Fittings Ltd	-	-	-	-	-	-	-	-	-	0.69
Lexus Granito (India) Ltd	-	-	-	-	₹-2.24 Cr	-	₹47.41 Cr	-	2.68%	14.91
Clay Craft India Ltd	-	-	-	-	-	-	-	-	-	0.3
Varmora Granito Ltd	-	-	-	-	-	-	-	-	-	0.69
Prakash Ceramics Ltd	-	-	-	-	₹0 Cr	-	₹0 Cr	-	-	0
Neycer India Ltd	-	-	-	-	₹-1.77 Cr	-	₹0.66 Cr	-	15.24%	-0.03

Quarterly Results

	Dec 2020	Mar 2021	Jun 2021	Sep 2021
Sales	0.15	0.23	0.1	0.18
↳ QoQ Growth	-	+53.3%	-56.5%	+80.0%
Expenses	0.64	0.59	0.78	0.58
Operating Profit	-0.48	-0.36	-0.69	-0.4
OPM %	-320%	-156.52%	-690%	-222.22%
Other Income	0.01	0.06	0	0.1
Interest	0	0	0	0
Depreciation	0.21	0.21	0.22	0.22
EBITDA	-0.27	-0.15	-0.47	-0.18
EBITDA Margin %	-180%	-65.22%	-470%	-100%
Profit Before Tax	-0.48	-0.31	-0.68	-0.3
Tax %	0%	0%	0%	0%
Net Profit	-0.48	-0.31	-0.68	-0.3
↳ QoQ Growth	-	+35.4%	-119.4%	+55.9%
EPS	-0.47	-0.3	-0.67	-0.29

Balance Sheet

	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	10.15	10.15	10.15	10.151916
Reserves	-2.19	-4.72	-5.7	-22.16239
Borrowings	4.8	1.8	1.8	0.4
Other Liabilities	15.42	20.68	21.08	34.78
Total Liabilities	28.18	27.91	27.33	23.16564
Fixed Assets	11.68	10.84	10.39	0.157003
CWIP	0	0	0	0
Investments	0.02	0.02	0.02	0
Other Assets	16.48	17.05	16.92	23.01
Total Assets	28.18	27.91	27.33	23.16564

Cash Flows

	Mar 2023
Cash from Operating Activity	-0.7049705
Cash from Investing Activity	0.3302571
Cash from Financing Activity	-0.003036
Net Cash Flow	-0.3776465

Shareholding Pattern

	Jun 2021	Sep 2021	Dec 2021	Mar 2022
Promoters %	72.43%	72.43%	72.43%	72.43%
FIIs %	0%	0%	0%	0%
DIIs %	1.27%	1.27%	1.27%	1.27%
Public %	0.9%	0.9%	0.9%	0.9%
No. of Shareholders	674	674	674	674

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