NEL Holdings South Ltd.
Snapshot View

2.85 +0.12 ▲4.4%

26 July 2021, 04:00:00 P.M.
Volume: 481,913

Overview View Details

Sector Realty Compare with Sector peers
Industry Construction - Real Estate Compare with Industry peers
Website http://www.nelholdings.in
Financial Indicators
Market Cap 41.42 Cr.
Earnings per share (EPS) -14.07 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share -65.19 Trailing Twelve Months Ending 2021-03
Price to Book Value -0.04 Calculated using Price: 2.84
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 14.58 Cr. 145,832,100 Shares
FaceValue 10
Company Profile

The Nitesh Estates was originally incorporated as Nitesh Estates on February 20, 2004 as a private limited company under the provisions of the Companies Act, 1956 in Bengaluru. It became a public limited company on November 3, 2009 and was named as Nitesh Estates Limited pursuant to a certificate for a change of name on November 3, 2009.

The company is promoted by Nitesh Shetty, Pushpalatha V Shetty and the corporate promoter of the company is Nitesh Industries Pvt. Ltd.

The company is in the business of real estate development and is primarily engaged in the development of residential projects in Bengaluru. It is also developing a hospitality project in Bengaluru, a residential and an office project in Kochi. The company is in the process of diversifying into the development of shopping-malls and is expanding its geographic reach to Chennai and Goa. Its residential projects include multi-unit apartment buildings targeted at high-income and middle-income customers. The company is currently developing its first hospitality project which is the first ‘Ritz-Carlton’ brand hotel in India, on Residency Road in the central business district of Bengaluru.

Ongoing Projects of the company

  • Nitesh Hyde Park, a residential project in the middle-income segment with 537 residential units, located at Bannerghatta Road, Bengaluru.
  • Nitesh Forest Hills, a residential project in the middle-income segment with 284 residential units, located in Whitefield, Bengaluru.
  • Nitesh Flushing Meadows, a residential project in the middle-income segment with 264 residential units, located in Whitefield, Bengaluru.
  • Nitesh Columbus Square, a residential project in the middle-income segment with 390 residential units, located off of Bellary Road, Bengaluru.
  • Nitesh Wimbledon Gardens (Residential), a residential project in the middle-income segment with 672 residential units, located at Airport-Seaport road in Kochi.
  • Nitesh Wimbledon Gardens (Commercial), an office project, located at Airport-Seaport road in Kochi.
  • The ‘Ritz-Carlton’ brand hotel with 281 keys, located at Residency Road in the central business district of Bengaluru, being executed by an SPV, in which the company owns 20.7% of the equity share capital. One of its Promoters, Nitesh Shetty holds 5.3% of the equity share capital of this SPV.

Subsidiaries of the company

  • Nitesh Indiranagar Retail Pvt. Ltd.
  • Nitesh Housing Developers Pvt. Ltd.

Milestones

  • April, 2006: Corporate housing project for ITC.
  • December, 2006: Citi Property Investors acquired 74% stake in Nitesh Residency which is developing the Ritz-Carlton brand hotel.
  • January, 2007: AMIF I Limited, an Och-Ziff Captial Management Group entity acquired 28.98% stake in the company.
  • May, 2007: Agreement signed to develop India’s first Ritz-Carlton brand hotel in Bengaluru by Nitesh Residency.
  • November, 2007: Won the bid for an 8.26 acre property in the Boat Club area in the heart of Chennai.
  • September, 2009: HDFC AMC pick up 10.1% stake in Nitesh Housing, an SPV formed to develop projects.
  • October, 2009: Executed MOU with Luxury Hotels International Management Company B.V. to set up a full-service luxury international hotel and luxury condominium residences under the Ritz- Carlton brand name.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.40%
1 Week
+17.77%
1 Month
+31.34%
3 Month
+87.50%
6 Month
+57.46%
1 Year
+90.0%
2 Year
+58.33%
5 Year
-78.73%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 0.53 -36.38 7.28 9.46 -17.89 -77.41 -1,297.85
Return on Capital Employed (%) 1.04 -10.09 9.42 9.71 -0.06 -2.20 -10.61 -7.10 -136.52
Return on Assets (%) 0.34 -14.78 1.99 2.52 -3.20 -6.76 -11.30 -6.73 -29.90

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 463 321 326 328 237 129 -90 -296 -746
Non Curr. Liab. -1 40 41 52 625 323 327 -12 -78
Curr. Liab. 338 765 876 830 1,082 1,793 2,047 2,942 2,999
Minority Int. 3
Equity & Liab. 803 1,126 1,242 1,210 1,944 2,245 2,285 2,634 2,175
Non Curr. Assets 436 523 555 527 822 1,090 1,001 476 150
Curr. Assets 368 603 687 683 1,122 1,156 1,284 2,158 2,025
Misc. Exp. not W/O
Total Assets 803 1,126 1,242 1,210 1,944 2,245 2,285 2,634 2,175

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 116 83 298 288 254 308 36 113 42
Other Income 14 5 3 3 8 8 20 0 11
Total Income 130 88 301 291 262 316 56 113 52
Total Expenditure -122 -131 -240 -221 -248 -331 -171 -182 -102
PBIDT 8 -43 61 70 14 -15 -114 -68 -49
Interest -1 -77 -30 -29 -50 -111 -140 -96 -96
Depreciation -2 -2 -2 -1 -14 -14 -13 0 -2
Taxation -2 -6 -6 -8 0 -2 11 -1 57
Exceptional Items -15 -628
PAT 2 -143 24 31 -51 -142 -256 -166 -719

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -64 -157 46 -37 -136 216 -136 17 53
Cash Fr. Inv. 32 63 -61 -25 -564 36 4 39 41
Cash Fr. Finan. 45 96 8 54 712 -266 135 -59 -96
Net Change 13 2 -8 -9 12 -14 4 -3 -2
Cash & Cash Eqvt 19 21 13 5 17 2 6 3 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 44.83 44.82 44.82 44.82 44.82 44.81 44.81 44.81 44.81
Public 55.17 55.18 55.18 55.18 55.18 55.19 55.19 55.19 55.19
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Nel Holdings South Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Mon, 19 Jul 2021
Intimation Of Dispatch Of Postal Ballot Notices And News Paper Publication
In continuation to our letter dated July 16 2021 with regard to the Postal Ballot Notice the Company pursuant to the provision of Section 110 of the Companies Act 2013 and Rule 22 of the Companies (Management and Administration) Rules 2014 has sent the Postal Ballot Notice dated July 16 2021 along with the explanatory statement in electronic mode as the case may be to the shareholders of the Company on Saturday July 17 2021.
The Postal Ballot Notice has been uploaded on the website of the Company www.nelholdings.in

Further we also enclose the copies of the clippings of the newspaper publications published on Sunday July 18 2021 in

(i) Financial Express (English) - All India Edition
(ii) Hosa Digantha (Kannada) - Regional Edition

Request you to take the same on record.
Sat, 17 Jul 2021
Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015
As per the Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015 please find the enclosed disclosure of Related Party Transactions on a consolidated basis for the year ended March 31 2021.

The Company has published its Standalone and Consolidated Financial Results for the year ended March 31 2020 on June 29 2021.

Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Crossing 2 Year High Close Crossing 2 Year High

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