NR Agarwal Industries Ltd. (NRAIL) AI Stock Analysis

• Market Cap: ₹6.30B
• Dividend Yield: 0.54%
• Average Volume (3M): 403.00
• Price to Earnings (P/E): 35.7
• Beta (1Y): 0.60
• Revenue Growth: 28.30%
• EPS Growth: -85.94%
• Country: IN
• Employees: 1,365
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): -4.01
• Shares Outstanding: 17,019,100
• 10 Day Avg. Volume: 257
• 30 Day Avg. Volume: 403
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹403.00
• Price Target Upside: 3.73% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ₹403.00 ▲(3.73% Upside)

NR Agarwal Industries Ltd. benefits from strong technical momentum and operational efficiency, but faces valuation concerns with a high P/E ratio and limited dividend yield. Cash flow management is crucial due to high capital expenditures. Technical and financial strengths are offset by valuation and cash flow risks.

NR Agarwal Industries Ltd. Business Overview & Revenue Model

Company Description

NR Agarwal Industries Ltd. (NRAIL) is an Indian company engaged in the manufacturing and marketing of paper products. It operates in various sectors, primarily focusing on producing high-quality paper used for writing, printing, and packaging. With a diversified product portfolio, NRAIL serves both domestic and international markets, contributing significantly to the paper industry.

How the Company Makes Money

NR Agarwal Industries Ltd. generates revenue primarily through the production and sale of paper products. The company's revenue model is centered around its five core paper segments: newsprint, writing and printing paper, copier paper, duplex boards, and specialty papers. NRAIL operates integrated manufacturing facilities that allow it to cater to diverse client needs across sectors such as publishing, education, and packaging. The company benefits from economies of scale and an extensive distribution network, enhancing its market reach and profitability. Additionally, NRAIL's strategic partnerships and alliances with suppliers and distributors play a crucial role in sustaining its revenue growth by ensuring a steady supply of raw materials and expanding its market presence.

NR Agarwal Industries Ltd. Financial Statement Overview

Summary

NR Agarwal Industries Ltd. demonstrates operational strength with healthy EBIT and EBITDA margins despite revenue volatility. The balance sheet is stable with manageable leverage, but cash flow challenges due to high capital expenditures necessitate careful liquidity management.

Income Statement

NR Agarwal Industries Ltd. has shown a volatile revenue trend, with a significant drop in gross profit margin from the previous year, indicating increased cost pressures. The net profit margin has also decreased, reflecting challenges in maintaining profitability. However, the company has demonstrated resilience with a positive EBIT and EBITDA margin, suggesting operational efficiency amidst revenue fluctuations.

Balance Sheet

The company's balance sheet reflects moderate leverage, with a debt-to-equity ratio indicating balanced debt management. The return on equity is moderate, illustrating reasonable profitability relative to shareholder investments. The equity ratio remains stable, showcasing a sound financial position, though there is room for improvement in asset utilization.

Cash Flow

Cash flow from operations remains robust, but the company faces challenges with negative free cash flow, largely due to high capital expenditures. The operating cash flow to net income ratio is strong, indicating efficient cash generation. However, the negative free cash flow to net income ratio highlights potential liquidity risks if capital spending is not managed prudently.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	16.59B	12.93B	17.66B	16.01B	11.30B
Gross Profit	2.02B	3.72B	2.14B	1.74B	4.36B
EBITDA	1.42B	1.83B	1.94B	1.49B	1.37B
Net Income	176.51M	1.25B	993.03M	610.22M	572.29M
Balance Sheet
Total Assets	17.70B	15.67B	10.45B	10.01B	9.33B
Cash, Cash Equivalents and Short-Term Investments	744.25M	1.73M	516.75M	574.00K	2.06M
Total Debt	6.44B	5.79B	1.64B	1.75B	1.95B
Total Liabilities	9.95B	8.06B	4.09B	4.65B	4.57B
Stockholders Equity	7.75B	7.60B	6.36B	5.36B	4.76B
Cash Flow
Free Cash Flow	-15.50M	-3.99B	-652.32M	535.85M	656.25M
Operating Cash Flow	1.18B	1.35B	1.29B	956.26M	1.16B
Investing Cash Flow	-1.76B	-5.48B	-963.97M	-409.90M	-477.97M
Financing Cash Flow	586.06M	4.05B	-246.35M	-547.85M	-667.62M

NR Agarwal Industries Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 388.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NRAIL, the sentiment is Positive. The current price of 388.5 is above the 20-day moving average (MA) of 356.90, above the 50-day MA of 344.57, and above the 200-day MA of 312.94, indicating a bullish trend. The MACD of 5.91 indicates Negative momentum. The RSI at 57.91 is Neutral, neither overbought nor oversold. The STOCH value of 76.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NRAIL.

NR Agarwal Industries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RUCHIRA	81 Outperform	₹4.06B	5.84		3.71%	1.65%	64.75%
STARPAPER	74 Outperform	₹2.62B	6.37		2.38%	-1.83%	-35.72%
NRAIL	67 Neutral	₹6.30B	35.68		0.54%	28.30%	-85.94%
RAMAPHO	65 Neutral	₹5.04B	18.02		0.18%	24.35%	―
EMAMIPAP	60 Neutral	₹5.51B	30.06		1.77%	-1.78%	-79.35%
ORIENTPPR	48 Neutral	₹6.08B	―		0.90%	8.33%	55.98%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%