National E-Repository Limited(NERL) has been achieving new milestones. In FY 2023-24 Banks crossed Rs. 7,000 Crores finance against eNWR since inception, a clear indication of the growing confidence of banks in Eletrconic Warehouse Negotiable Receipts (eNWRs).
Let’s take a look at how NeRL’s Financials have performed in the last few years:
| Amount(In Rs Crores) | FY 21-22 | FY 22-23 | FY 23-24 |
| Revenue | 12 | 9.6 | 10.8 |
| EBITDA | 2 | -2.2 | -2.7 |
| Profit After Tax | -2.7 | -5.5 | -5 |
| Net Profit Margin % | -22.5% | -57% | -46% |
| Earning Per Share(EPS) | -0.3 | -0.7 | -0.6 |
A) Revenue Growth
NERL’s revenue has dipped from Rs 12 crores in FY 21-22 to Rs 9.6 crores in FY 23-24. This is more than a 10% dip in 3 years.
And clearly reflects a decrease in operations for National e repository limited unlisted shares price.
B) EBITDA
NERL’s EBITDA has dipped from Rs 2 crores in FY 21-22 to a negative 2.7 crores in FY 23-24.
C)Profit after Tax
NERL’s PAT was a negative Rs 2.7 cr. in FY 22 which doubled to a negative Rs 5 cr. in FY 24. Thus reflecting a drop in the growth of National e repository limited unlisted shares price.
D)Earnings Per Share
NERL’s earnings per share was Rs (0.3) per share in FY 22. This dipped to Rs (0.7)per share in FY 23 and Rs (0.6) per share in FY 24.
Earnings per share and P/E Ratio affect the national e repository limited unlisted shares price.
Some Recent Achievements by NeRL
- NERL has more than 9,980 active customers (over 2,000 customers added in FY 2023-24), 76 pledgee Banks/ NBFCs, 3 CM Pledgees, 1096 unique Warehouses issuing eNWR/eNNWR, and 99 Repository Participants (‘RPs’) across 17 states and 1 UT in India.
- NERL has issued more than 5.5 lakh eNWRs (Exchange + Emerging Business) for commodities over 59.70 Lakhs MT (Exchange + Emerging Business) deposited in registered warehouses of WDRA.
- A new milestone was achieved in FY 2023-24 as Banks crossed Rs. 7,000 Crores finance against eNWR since inception, a clear indication of the growing confidence of banks in eNWR.
- Soon, all warehouse storage will be required to use eWR, which will significantly benefit NeRL as the market expands.
Also Read: NeRL Business Model Explained
NERL Shares Valuation
With outstanding shares of 8.1 Cr. their market cap at the current share price stands at 66.67 per share with a PE multiplier of -10.7. Soon, all warehouse storage will be required to use eWR, which will significantly benefit NeRL as the market expands.
NeRL reported a revenue of ~Rs 11 crore in FY23-24. Given its dominant position in the commodities repository market, supported by its parent company NCDEX and its strong technology and market knowledge, it is reasonable to apply a higher revenue multiple.
With a multiple of 50x, NeRL’s valuation could rise to approximately Rs 540 crore – with an Unlisted Share Price of Rs 66.67). National E Repository Limited Pre Ipo shares are available in the unlisted market.
Even after all these indicators, knowing National E Repository Limited before buying its unlisted shares is essential.
If you are new to investing, taking expert advice on such matters becomes crucial. You can get the best advice and updates on the latest unlisted shares in India with a simplified process of buying and selling unlisted shares in India, with the best trading platform to buy and sell unlisted shares: Stockify.
Connect with our experts for more details!
FAQs:
1. What is National E Repository Limited Unlisted Shares Price in India?
Ans- Currently, the Nerl unlisted share trades at Rs. 66.67 per share. You can visit Stockify to get updates about the updated share prices.
2. Is it legal to buy NeRL Unlisted Shares in India?
Ans- Buying NeRL Unlisted Shares in India is legal. You can use online trading platforms like Stockify to buy and sell unlisted shares.
3. How to check National E Repository Limited Unlisted Shares Price?
Ans- Stockify is the right platform to check Nerl unlisted share price. It offers the best and most updated prices for unlisted shares.
