Price
Financials
Standalone, Rs crore| Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Sep 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 22,461 | 25,736 | 25,131 | 25,274 | 24,855 | 22,448 | 20,295 | 15,609 | 16,340 | 13,118 | 10,909 | 22,096 |
| Operating costs | 22,277 | 24,914 | 24,299 | 23,741 | 23,514 | 21,709 | 19,299 | 14,298 | 14,603 | 12,353 | 9,584 | 21,349 |
| EBITDA | 184 | 822 | 832 | 1,533 | 1,341 | 739 | 996 | 1,311 | 1,737 | 765 | 1,325 | 747 |
| EBITDA margin % | 0.8% | 3.2% | 3.3% | 6% | 5% | 3.3% | 4.9% | 8% | 11% | 6% | 12% | 3.4% |
| Depreciation & amortisation | 332 | 338 | 338 | 347 | 235 | 235 | 58 | 228 | 242 | 247 | 255 | 490 |
| Finance costs | 946 | 766 | 812 | 723 | 681 | 592 | 589 | 704 | 756 | 495 | 551 | 449 |
| Non-operating income | 231 | 211 | 370 | 548 | 266 | 322 | -297 | 167 | 324 | 178 | -155 | 79 |
| Pre-tax profit | -863 | -71 | 52 | 1,011 | 691 | 234 | 52 | 546 | 1,063 | 201 | 364 | -112 |
| Effective tax rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -19% |
| Profit after tax | -863 | -71 | 52 | 1,008 | 691 | 234 | 52 | 546 | 1,063 | 201 | 364 | -91 |
| Earnings per share (Rs) | -6.05 | -0.50 | 0.34 | 6.67 | 4.57 | 1.55 | 0.34 | 3.61 | 7.03 | 1.33 | 2.41 | -0.60 |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 37,516 | 36,505 | 46,988 | 58,337 | 88,578 | 98,602 | 87,065 | 52,597 | 60,869 | 70,865 | 85,676 | 85,653 |
| Operating costs | 36,498 | 35,439 | 44,567 | 56,667 | 85,540 | 94,779 | 82,330 | 46,903 | 55,723 | 65,573 | 82,897 | 80,656 |
| EBITDA | 1,019 | 1,065 | 2,421 | 1,670 | 3,038 | 3,823 | 4,735 | 5,694 | 5,146 | 5,292 | 2,779 | 4,997 |
| EBITDA margin % | 2.7% | 2.9% | 5% | 2.9% | 3.4% | 3.9% | 5% | 11% | 8% | 7% | 3.2% | 6% |
| Depreciation & amortisation | 655 | 728 | 731 | 762 | 1,296 | 1,355 | 757 | 1,573 | 1,681 | 1,489 | 1,549 | 2,981 |
| Finance costs | 1,091 | 1,181 | 1,220 | 1,387 | 3,424 | 3,296 | 2,567 | 2,682 | 3,766 | 2,770 | 2,233 | 2,576 |
| Non-operating income | 184 | 872 | 358 | -806 | 501 | 957 | 111 | 1,349 | -1,418 | -176 | 1,541 | 246 |
| Pre-tax profit | -544 | 29 | 828 | -1,285 | -1,180 | 129 | 1,521 | 2,787 | -1,719 | 856 | 539 | -314 |
| Effective tax rate % | -6% | -3% | 21% | 0% | 0% | 3% | 0% | 54% | 56% | 38% | 36% | -573% |
| Profit after tax | -514 | 29 | 654 | -1,285 | -1,180 | 126 | 1,521 | 1,289 | -2,673 | 532 | 344 | 1,485 |
| Earnings per share (Rs) | -4.06 | 0.23 | 4.58 | -9.00 | -8.27 | 0.83 | 10.07 | 8.52 | -17.67 | 3.52 | 2.28 | 9.82 |
| Paid out as dividend % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | 9% | 0% | 12% | 0% | ||
| Profit CAGR | 52% | -4% | 50% | 324% | ||
| Share price CAGR | % | % | % | % | ||
| Average return on equity | 7% | 6% | 8% | 11% |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 12,606 | 12,309 | 11,744 | 21,320 | 21,274 | 20,633 | 21,269 | 40,267 | 38,864 | 41,499 | 41,874 | 46,372 |
| Capital work in progress | 1,914 | 4,319 | 8,423 | 1,760 | 2,610 | 3,738 | 3,602 | 3,625 | 400 | 599 | 476 | 514 |
| Investments | 103 | 203 | 103 | 103 | 103 | 598 | 2,325 | 1,139 | 147 | 11,812 | 10,610 | 10,510 |
| Current & other assets | 5,924 | 8,413 | 12,311 | 16,908 | 23,578 | 27,093 | 33,226 | 41,560 | 45,607 | 16,111 | 17,321 | 15,268 |
| Total assets | 20,546 | 25,244 | 32,581 | 40,092 | 47,566 | 52,063 | 60,422 | 86,591 | 85,018 | 70,022 | 70,282 | 72,664 |
| Share capital | 1,218 | 1,218 | 1,382 | 1,382 | 1,382 | 1,466 | 1,466 | 1,467 | 1,507 | 1,507 | 1,507 | 1,507 |
| Reserves & surplus | 2,364 | 3,456 | 5,156 | 798 | -275 | 965 | 3,904 | 16,846 | 15,996 | 16,580 | 16,998 | 15,865 |
| Total debt | 10,032 | 10,354 | 14,547 | 17,724 | 24,742 | 23,845 | 27,043 | 30,709 | 26,731 | 16,685 | 15,460 | 8,744 |
| Other liabilities & provisions | 6,933 | 10,217 | 11,496 | 20,186 | 21,717 | 25,787 | 28,010 | 37,569 | 40,784 | 35,249 | 36,317 | 46,549 |
| Equity + liabilities | 20,546 | 25,244 | 32,581 | 40,092 | 47,566 | 52,063 | 60,422 | 86,591 | 85,018 | 70,022 | 70,282 | 72,664 |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,920 | 769 | 1,219 | 477 | -413 | 10,174 | 2,991 | 7,150 | 9,134 | 7,865 | 1,147 | 12,547 |
| Investing cash flow | -2,002 | -2,073 | -5,756 | -1,344 | -2,094 | -1,870 | -4,828 | -6,481 | -1,620 | -301 | 355 | -181 |
| Free cash flow (after capex) | 243 | -1,281 | -3,156 | -2,314 | -2,587 | 8,806 | 2,230 | 6,024 | 8,636 | 7,439 | -379 | 12,087 |
| Financing cash flow | 0 | 1,331 | 4,484 | 1,184 | 2,408 | -7,378 | 897 | -1,008 | -5,911 | -6,734 | -3,630 | -10,074 |
| Net change in cash | -82 | 27 | -53 | 317 | -99 | 927 | -940 | -340 | 1,603 | 830 | -2,128 | 2,292 |
| Cash conversion (OCF / EBITDA) % | 188% | 72% | 57% | 31% | -14% | 262% | 62% | 127% | 182% | 152% | 46% | 251% |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed % | 4% | 8% | 11% | 6% | 10% | 13% | 17% | 16% | 16% | 14% | 9% | 9% |
| Receivable days | 11 | 20 | 18 | 25 | 19 | 26 | 52 | 108 | 105 | 15 | 16 | 5 |
| Inventory days | 24 | 42 | 49 | 52 | 47 | 38 | 25 | 34 | 52 | 45 | 45 | 29 |
| Payable days | 68 | 105 | 74 | 74 | 51 | 80 | 103 | 218 | 196 | 105 | 44 | 49 |
| Cash cycle (days) | -32 | -43 | -7 | 3 | 16 | -16 | -26 | -75 | -39 | -45 | 17 | -14 |
| Working capital days | -21 | -32 | -17 | -9 | 2 | -17 | -2 | 46 | 3 | -50 | -17 | -50 |
Fundamentals
Market value₹ Cr.
Last price₹ 263
Book value / share₹ 115
Return on capital9.04 %
Return on equity10.8 %
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)0%
Profit CAGR (TTM)324%
Standalone figures.
Valuation
Market capRs 40,815 Cr
Enterprise valueRs 46,313 Cr
P/E (TTM)26.55x
Price to book2.35x
Price to sales0.65x
EV / EBITDA9.26x
EV / EBIT12.30x
EV / sales0.74x
Price to cash flow3.25x
Earnings yield3.77%
P/E, 3-year average74.26x
P/B, 3-year average2.27x
P/E, 5-year average63.09x
P/B, 5-year average2.25x
Profitability
Operating margin (excl. other income)5.83%
Operating margin (incl. other income)6.12%
EBITDA margin8.01%
Pre-tax margin2.43%
Net profit margin2.46%
Net margin, latest quarter-0.41%
ROE8.28%
ROCE7.53%
ROA2.08%
ROE, 3-year average4.38%
ROCE, 3-year average8.26%
ROA, 3-year average1.08%
ROE, 5-year average1.82%
ROCE, 5-year average8.52%
ROA, 5-year average0.38%
ROIC (approx.)-77.95%
Tax rate573.26%
Other income / net worth1.42%
Growth
Sales growth (latest year)-0.03%
Profit growth (latest year)331.46%
Sales CAGR, 3 years12.06%
Sales CAGR, 5 years-0.33%
Profit CAGR, 5 years-0.48%
Sales growth QoQ102.55%
Profit growth QoQ-124.95%
Sales growth YoY (latest quarter)41.56%
Profit growth YoY (latest quarter)-116.63%
Per share
EPS (TTM)Rs 9.90
EPS (latest year)Rs 9.57
EPS (latest quarter)Rs -0.58
EPS, 3-year averageRs 5.07
EPS, 5-year averageRs 1.38
Book value per shareRs 111.90
Sales per shareRs 402.34
Cash flow per shareRs 80.82
Efficiency
Asset turnover1.18x
Fixed asset turnover1.85x
Inventory turnover12.96x
Inventory days28 days
Debtor days5 days
Debtors turnover67.43x
Leverage
Total debtRs 8,744 Cr
Cash and bankRs 3,245 Cr
Net debtRs 5,498 Cr
Debt to equity0.50x
Net debt / EBITDA1.10x
Interest coverage1.67x
Owners' fund to total sources23.91%
Debt to assets12.03%
Cash flow
Operating cash flow (latest year)Rs 12,547 Cr
Investing cash flow (latest year)Rs -181 Cr
Financing cash flow (latest year)Rs -10,074 Cr
Net change in cash (latest year)Rs 2,292 Cr
Sales to cash flow6.83x
Statement figures
Net sales (TTM)Rs 62,463 Cr
Net sales (latest year)Rs 85,653 Cr
Sales (latest quarter)Rs 22,096 Cr
Operating profit excl. other income (latest year)Rs 4,997 Cr
Operating profit (latest quarter)Rs 747 Cr
Other income (TTM)Rs 426 Cr
EBITDA (TTM)Rs 5,000 Cr
PBDT (TTM)Rs 2,749 Cr
Profit before tax (TTM)Rs 1,516 Cr
Tax (latest year)Rs -1,799 Cr
Net profit (TTM)Rs 1,537 Cr
Net profit (latest year)Rs 1,485 Cr
Net profit (latest quarter)Rs -91 Cr
Depreciation (TTM)Rs 1,234 Cr
Depreciation (latest quarter)Rs 490 Cr
Interest (TTM)Rs 2,251 Cr
Cost of goods sold (latest year)Rs 76,816 Cr
Total expenditure (latest year)Rs 80,656 Cr
Total income (latest year)Rs 85,899 Cr
Share capitalRs 1,507 Cr
ReservesRs 15,865 Cr
Shareholders' fundsRs 17,372 Cr
Total assetsRs 72,664 Cr
Net blockRs 46,372 Cr
Capital work in progressRs 514 Cr
InvestmentsRs 10,510 Cr
ReceivablesRs 1,270 Cr
InventoryRs 5,926 Cr
Other liabilitiesRs 46,549 Cr
Shares outstanding (crore)155.25
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | ESSAROIL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.0% | -2.8% | +3.8 pts |
| 1 month | +1.1% | -6.8% | +7.9 pts |
| 3 months | +41.9% | -7.6% | +49.5 pts |
| 6 months | +34.0% | +0.4% | +33.6 pts |
| 1 year | +133.4% | -9.9% | +143.3 pts |
| 2 years | +397.9% | -13.6% | +411.5 pts |
| 3 years | +183.6% | +14.2% | +169.4 pts |
| 5 years | +153.3% | +27.9% | +125.4 pts |
Red flags
F-score 7 of 8| serious | Low interest cover Interest cover 0.9x in 2020 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Sep 2021Sales ₹22,096 Cr +41.6% vs Mar 2015.
Net loss ₹91 Cr.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2015-09-24 | Annual General Meeting | |
| 2014-12-16 | Annual General Meeting | |
| 2013-09-23 | Annual General Meeting | |
| 2012-12-14 | Annual General Meeting | |
| 2012-09-21 | Annual General Meeting | |
| 2011-08-08 | Annual General Meeting | |
| 2010-09-20 | Annual General Meeting | |
| 2009-06-23 | Annual General Meeting | |
| 2008-09-23 | Annual General Meeting | |
| 2007-09-26 | Agm | |
| 2006-09-26 | Agm |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Nayara Energy Ltd?
Nayara Energy Ltd (ESSAROIL) has a market capitalisation of Rs Cr. at the 2016-02-09 close.
What were Nayara Energy Ltd's latest quarterly results?
In the Sep 2021 quarter, Nayara Energy Ltd sales was Rs 22,096 Cr (+41.6% vs Mar 2015) with a net loss of Rs 91 Cr.