Hindustan Hardy Ltd Stock Analysis

BSE: 505893 | NSE: | Auto Ancillary | Small Cap

BSE Share Price 06-Feb-2023 11:09
285.75 9.40 (3.40%)

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Hind Hardy Price Chart

P/E Ratio ( SA) :
14.73
Market Cap :
41.4 Cr.
52-wk low :
176.8
52-wk high :
390
Bole Toh?

1. Is Hindustan Hardy Ltd a good quality company?

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

2. Is Hindustan Hardy Ltd undervalued or overvalued?

The key valuation ratios of Hindustan Hardy Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Hindustan Hardy Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hindustan Hardy 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 Hind Hardy:

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.
Hindustan Hardy 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 10.7%5.6%-2.5%5.9%0.2%6.2%5.4%0.9%24.6%21.2%-
Value Creation Index -0.2-0.6-1.2-0.6-1.0-0.6-0.6-0.90.80.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 55.248.552.455.236.937.946.639.144.662.660
YoY Gr. Rt. %--12.1%7.9%5.4%-33.2%2.9%22.9%-16.1%14.1%40.3%-
Adj EPS 5.51.4-6.81-3.92.83-0.621.524.418.8
YoY Gr. Rt. %--74.5%-587.1%NA-490.9%NA5%-121.6%NA13.7%-
BVPS (₹) 62.264.352.455.54954.457.756.476.899.8116.6
Adj Net Profit 0.80.2-10.2-0.60.40.4-0.13.23.73
Cash Flow from Ops. 21.22.42.61.120.43.61.70.8-
Debt/CF from Ops. 3.16.132.44.9213.612.28.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.4%11.2%10.3%40.3%
Adj EPS 18.1%NA102%13.7%
BVPS 5.415.32030
Share Price 14.6% 22.4% 53.7% -22.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 92.2-11.61.8-7.45.55.3-1.132.227.617.3
Op. Profit Mgn % 5.44.83.53.72.52.75.7211.79.47.7
Net Profit Mgn % 1.50.4-1.90.3-1.61.11-0.37.25.84.7
Debt to Equity 0.70.80.90.80.70.50.60.40.30.4-
Working Cap Days 1211511321291891811601811711430
Cash Conv. Cycle 273633194057647969690

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.33%

Net Profit is growing at healthy rate in last 3 years 101.98%

Return on Equity has declined versus last 3 years average to 17.30%

Sales growth is not so good in last 4 quarters at -3.81%

Latest Financials - Hindustan Hardy Ltd.

Standalone Consolidated
TTM EPS (₹) 18.8 -
TTM Sales (₹ Cr.) 60.4 -
BVPS (₹.) 116.6 -
Reserves (₹ Cr.) 16 -
P/BV 2.37 -
PE 14.73 -
From the Market
52 Week Low / High (₹) 176.80 / 389.95
All Time Low / High (₹) 7.10 / 444.00
Market Cap (₹ Cr.) 41.4
Equity (₹ Cr.) 1.5
Face Value (₹) 10
Industry PE 34.8

Management X-Ray of Hind Hardy :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Hind Hardy

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Hindustan Hardy Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Hind Hardy on 06-Feb-2023 11:09 is : 285.8.
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 06-Feb-2023 11:09 the market cap of Hind Hardy stood at ₹ 41.41.
The latest PE ratio of Hind Hardy as of 06-Feb-2023 11:09 is 14.73.
The latest PB ratio of Hind Hardy as of 06-Feb-2023 11:09 is 2.37
The 52-week high of Hind Hardy is ₹ 389.9 and the 52-week low is ₹ 176.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Hind Hardy is ₹ 60.35 ( Cr.) .

About Hindustan Hardy Ltd

Hindustan Hardy Spicer (HINDHARD) was incorporated in 1982 and got its present name in 1994. It is engaged in manufacturing propeller shafts and components under technical license from Hardy Spicer, UK and Gelenkwellenbau, Germany.

The registered office of the company is located at Bombay Footwear Building, Deonar Village Road, Mumbai-400088.

The company entered into a technical licence agreement with Glenkwellenban GmbH (GWB), for a period of 10 years. The collaboration agreement provided that, GWB would invest upto a maximum of 26% in the total equity capital i.e., upto a maximum of Rs 39.00 lakh.

Business area of the company:

It manufactures propeller shafts in the range of 1100 to 1800 series for the construction and agriculture equipment manufacturers, automotive and other sectors with an installed capacity of 245,000 propeller shafts. It has developed products like a two-piece propeller shaft for Mahindra Allwyn Nissan`s Cabston, US kit for Bajaj Tempo Matador FAS, journal and bearing races for Telco.

Clientele of the company includes:

Ashok Leyland, Bajaj Tempo, Hindustan Motors, Volvo India, Eicher, Tata Iron & Steel Company, Apex Innovation, Laxmi Machine Works, and Jindal Iron & Steel Company, among others. Exports to UK, Sri Lanka and Nepal have picked up, which contribute around 40% to the turnover.

Awards and recognition:

  • It is an ISO 9001:2000 certified company.
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