Him Teknoforge Ltd - Stock Valuation and Financial Performance

BSE: 505712 | NSE: | Auto Ancillary | Small Cap

Him Teknoforge Share Price

230 -4.00 -1.71%
as on 11-Oct'24 16:01

DeciZen - make an informed investing decision on Him Teknoforge

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Him Teknoforge stock performance -

mw4me loader
P/E Ratio (SA):
25.46
Market Cap:
199.9 Cr.
52-wk low:
102
52-wk high:
264.5

Is Him Teknoforge Ltd an attractive stock to invest in?

1. Is Him Teknoforge Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Him Teknoforge Ltd is a average quality company.

2. Is Him Teknoforge Ltd undervalued or overvalued?

The key valuation ratios of Him Teknoforge Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Him Teknoforge Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Him Teknoforge Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Him Teknoforge:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Him Teknoforge Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 30.6%22%18.6%10.9%14.6%7.5%8.1%9.6%10.6%8.6%-
Value Creation
Index
1.20.60.3-0.20.0-0.5-0.4-0.3-0.2-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 30.525.6234269324223239352406373380
Sales YoY Gr.--16%813%14.9%20.5%-31.1%7.1%47.2%15.6%-8.1%-
Adj EPS 28.122.39.610.913.70.66.69.813.28.69
YoY Gr.--20.5%-57%13.6%25.4%-95.4%946%48.9%34.5%-34.9%-
BVPS (₹) 132.1154.7157.7171.1186.6189.3195.9206.9220.2228.9226.2
Adj Net
Profit
4.93.97.58.610.70.55.27.710.46.88
Cash Flow from Ops. 1.75.83.317.924.824.93.419.529.241.9-
Debt/CF from Ops. 3.92.135.26.45.15.245.27.75.13.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 32.1%2.9%16.1%-8.1%
Adj EPS -12.3%-8.9%9.2%-34.9%
BVPS6.3%4.2%5.3%4%
Share Price -3.3% 33.1% 24.2% 96.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
23.615.5106.67.60.33.44.96.23.84
Op. Profit
Mgn %
21.119.11411.410.611.312.99.59.49.49.5
Net Profit
Mgn %
16.115.23.23.23.30.22.22.22.61.82.1
Debt to
Equity
0.30.410.90.90.910.90.90.8-
Working Cap
Days
280451145221192272274211198224104
Cash Conv.
Cycle
38466612411617719816014515622

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 16.06%

Debt to equity has declined versus last 3 years average to 0.83

Return on Equity has declined versus last 3 years average to 4.00%

Net Profit has been subdued in last 3 years 9.24%

Sales growth is not so good in last 4 quarters at -5.72%

Latest Financials - Him Teknoforge Ltd.

Standalone Consolidated
TTM EPS (₹) 9 -
TTM Sales (₹ Cr.) 380 -
BVPS (₹.) 226.2 -
Reserves (₹ Cr.) 195 -
P/BV 1.02 -
PE 25.46 -
From the Market
52 Week Low / High (₹) 102.00 / 264.45
All Time Low / High (₹) 0.70 / 414.60
Market Cap (₹ Cr.) 200
Equity (₹ Cr.) 1.7
Face Value (₹) 2
Industry PE 57

Management X-Ray of Him Teknoforge:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *57.1557.1557.1557.1557.1557.1558.1558.1558.1558.15
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Him Teknoforge

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales3026234269324223239352406373
Operating Expenses 2421201238289198208319369338
Manufacturing Costs444149634245667061
Material Costs1614121143175113124201239215
Employee Cost 222633393128364042
Other Costs 221313131212151920
Operating Profit 653331342531333835
Operating Profit Margin (%) 20.3%19.1%13.9%11.4%10.6%11.3%12.9%9.4%9.2%9.4%
Other Income 2313443662
Interest 011616171617171818
Depreciation 00778999910
Exceptional Items 00-108000-10
Profit Before Tax 7610112157121610
Tax 2230312353
Profit After Tax 5471118359117
PAT Margin (%) 15.6%16.0%3.1%3.9%5.7%1.5%2.2%2.5%2.6%1.9%
Adjusted EPS (₹)27.223.49.113.423.34.16.511.213.69.0
Dividend Payout Ratio (%)3%3%0%3%4%5%6%4%3%4%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 2327124135147149154163173180
Share Capital 0022222222
Reserves 2327122133145147153161172178
Minority Interest0000000000
Debt510106104111119133135129132
Long Term Debt572723313745434050
Short Term Debt137981808289928982
Trade Payables344955413431423952
Others Liabilities 231918262432333849
Total Liabilities 3444299312325326350372380414

Fixed Assets

Gross Block710165184205225234241249285
Accumulated Depreciation4550566371808998107
Net Fixed Assets35115128142154153152151178
CWIP 00159810100
Investments 0000000000
Inventories43109117122125139147153162
Trade Receivables544038332745605453
Cash Equivalents 2266432222
Others Assets21301414161610101918
Total Assets 3444299312325326350372380414

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 2631825253192942
PBT 7610112157121610
Adjustment -1-167242425201921
Changes in Working Capital -23-103-17-3-28-11-413
Tax Paid -2-2-3-3-40-1-2-3-2
Cash Flow From Investing Activity -8-10-21-9-19-14-8-9-16-32
Capex 0-3-22-15-20-14-8-9-16-32
Net Investments 0040000000
Others -8-7-37000000
Cash Flow From Financing Activity 6417-9-6-115-11-13-10
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-100000000
Interest Paid 0-100-16-15-16-11-11-12
Dividend Paid 00000-10000
Others 7618-9105210-22
Net Cash Flow 0000-100000
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)22.816.339.478.1313.012.23.395.576.364.03
ROCE (%)30.5921.9518.6110.8814.567.528.149.5610.598.57
Asset Turnover Ratio1.120.71.470.91.020.70.710.991.090.95
PAT to CFO Conversion(x)0.41.50.431.641.398.330.62.112.646
Working Capital Days
Receivable Days56583252404955545152
Inventory Days404982151135198199146134154
Payable Days85907913210012197666278

Him Teknoforge Ltd Stock News

Him Teknoforge Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Him Teknoforge on 11-Oct-2024 16:01 is ₹230.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Oct-2024 16:01 the market cap of Him Teknoforge stood at ₹199.9.
The latest P/E ratio of Him Teknoforge as of 11-Oct-2024 16:01 is 25.46.
The latest P/B ratio of Him Teknoforge as of 11-Oct-2024 16:01 is 1.02.
The 52-week high of Him Teknoforge is ₹264.4 and the 52-week low is ₹102.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Him Teknoforge is ₹379.7 ( Cr.) .

About Him Teknoforge Ltd

Gujarat Automotive Gears (GAGL) was established in 1973 at Baroda, India for the manufacture of auto and tractor components. Marketed under the brand names of KAP and KAG, these components serve the aftermarket and OEMs in India. Two decades of experience, an established network and a synergistic approach to design and execution, ensures quality products and components from concept to completion.

GAGL caters to both the auto and tractor OEM and aftermarket in India. Technology is constantly upgraded to bring out products that meet global standards. Further, close customer interaction has made GAGL a competent partner to leaders in the industry.

With new concepts and technology being introduced world wide, GAGL has an exemplary plant equipped with modern machinery to fulfill customer requirement. Of special note are the heat treatment facilities which are most up-to-date. Further, full fledged inspection equipment such as involutes and lead profile checker, sound tester and micro-hardness testers ensure a consistently high quality product. GAGL is supported by well-qualified, experienced and a quality conscious workforce - a further testimony to quality production. 

Product manufactured by the company:

The primary products of GAGL are transmission gears, axle shafts, propeller shaft components, king pin units, wheel spanners, tractor components, etc.

  • Transmission gears
  • Axle shafts
  • Propeller shaft components
  • King pin units
  • Wheel spanners
  • Tractor components, etc.
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