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High Energy Batteries (India) Ltd. Stock Analysis

Small Cap
Evaluated by 226 users | BSE: 504176 | NSE: |
Batteries
Established in the year 1979, High Energy Batteries (India) is an established manufacturer of Hi Tech batteries for use in Army, Navy, Airforce and Launch Vehicles. The company also exports products to various countries. The company has a strong base of in-house Research and Development wing...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 1.91%9.26%7.67%-5.2%-5.9%-14.93%7.6%14.8%7.48%16.73%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 35.958.766.630.732.622.847.259.446.661.5
Y-o-Y Gr. Rt.-63.5%13.4%-53.9%6.3%-30.1%107.2%25.8%-21.5%31.9%
Adjusted EPS (Rs.) -9.964.033.02-37.74-40.71-54.12-5.1318.222.5531.02
Y-o-Y Gr. Rt.-NA-25.1%-1349.7%NANANANA-86%1116.5%
Book Value per Share (Rs.) 99.32101.5102.3767.6551.0412.6782.79101.82103.86132.51
Adjusted Net Profit -1.80.70.5-6.8-7.3-9.7-0.93.30.55.6
Net Op. Cash Flow (Rs. Cr.) 1.65.5-0.3-1.33.97-32.65.211.2
Debt to Cash Flow from Ops 17.314.88-110.64-29.8810.183.98-8.9315.37.522.9
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
High Energy Batteries (India) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.2%13.5%9.2%31.9%
Adjusted EPS NANANA1116.5%
Book Value per Share 3.3211727.6
Share Price 16.5% 21.4% 11% 70.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) -9.94.012.96-44.4-68.59-169.9-10.7419.732.4826.25
Operating Profit Margin (%) 5.3912.7210.07-11.13-9.43-28.5115.9419.6815.516.92
Net Profit Margin (%) -4.971.230.81-22.06-22.38-42.59-1.955.50.989.04
Debt to Equity 1.521.481.783.294.3112.231.822.182.11.37
Working Capital Days 369267237542510547263259350261
Cash Conversion Cycle 230170175426334348120121178144
Entity Percentage Holding
Promoters 40.97%
Institutions 9.69%
Non-Institutions 49.34%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of High Energy Batterie's performance infers:

High Energy Batterie earnings have grown by 0%, whereas share price has appreciated 21.4% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of High Energy Batterie share prices over the last 10 years. Here is what we found out:

High Energy Batterie share price has appreciated 13.7% annually over the past ten years.

Established in the year 1979, High Energy Batteries (India) is an established manufacturer of Hi Tech batteries for use in Army, Navy, Airforce and Launch Vehicles. The company also exports products to various countries.

The company has a strong base of in-house Research and Development wing to design, develop and establish manufacturing of batteries - Silver Oxide Zinc, Nickel Cadmium, Silver Chloride Magnesium for stringent applications such as Underwater propulsion, Control guidance,

Established in the year 1979, High Energy Batteries (India) is an established manufacturer of Hi Tech batteries for use in Army, Navy, Airforce and Launch Vehicles. The company also exports products to various countries.

The company has a strong base of in-house Research and Development wing to design, develop and establish manufacturing of batteries - Silver Oxide Zinc, Nickel Cadmium, Silver Chloride Magnesium for stringent applications such as Underwater propulsion, Control guidance, Communication, Emergency starting and for aerospace applications.

The company is also engaged in the Research and Development of Nickel Metal Hydride Cells, Fuel Cells and Cuprous Chloride Chemistry. The company can undertake any developmental activity and establish the technology for the manufacture of electrochemical systems for use in critical demanding applications.

Product range of the company includes:

  • Aircraft Batteries 
  • Helicopter Batteries 
  • Torpedo Batteries 
  • Aerospace Batteries 
  • Industrial Nickel Cadmium Cells 
  • Launch Vehicle Applications 
  • Rail Road & UPS Batteries 
  • Batteries for Other Applications

Achievements/ recognition:-

Certification

  • ISO 9001: 2000
  • ISO 14001: 2000

Awards

  • National Awards for R&D Efforts in Industry 2004
  • National Awards for Indigenisation
  • National Awards for R&D Efforts in Industry 1990
  • NSTL-Industry-Awards-2007
  • SMB- AWARD
  • Tech- Ab- Award
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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