Hittco Tools Ltd - Stock Valuation and Financial Performance

BSE: 531661 | NSE: | Engineering - Industrial Equipments | Small Cap

Hittco Tools Share Price

12.99 -0.01 -0.08%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Hittco Tools

M-Cap below 100cr DeciZen not available

Hittco Tools stock performance -

mw4me loader
P/E Ratio (SA):
42.56
Market Cap:
8 Cr.
52-wk low:
9.5
52-wk high:
15.2

Is Hittco Tools Ltd an attractive stock to invest in?

1. Is Hittco Tools Ltd a good quality company?

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

2. Is Hittco Tools Ltd undervalued or overvalued?

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

3. Is Hittco Tools Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hittco Tools 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 Hittco Tools:

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.
Hittco Tools 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1.5%-2.3%-9.6%-2.5%-6.1%6.5%-9.5%1.4%14.8%10.8%-
Value Creation
Index
-0.9-1.2-1.7-1.2-1.4-0.5-1.7-0.90.1-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7.87.47.26.16.27.15.65.56.676
Sales YoY Gr.--4.4%-2.3%-16.4%1.7%15.9%-20.9%-2.7%19.7%6.7%-
Adj EPS -0.2-0.9-1.9-0.7-10.3-1.4-0.31.210.3
YoY Gr.-NANANANANA-664%NANA-19.5%-
BVPS (₹) 10.47.965.34.24.432.63.94.95.3
Adj Net
Profit
-0.1-0.5-1.1-0.4-0.60.2-0.9-0.20.70.60
Cash Flow from Ops. 1.80.41.40.90.80.90.70.41.90.5-
Debt/CF from Ops. 2.513.83.24.44.43.95.28.42.47.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.1%2.7%7.5%6.7%
Adj EPS NANANA-19.5%
BVPS-8%3.3%18.5%25.8%
Share Price 9.9% 24.1% 50.4% 28.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-2-9.1-25.1-11.4-18.95.3-33.9-9.532.920.36.1
Op. Profit
Mgn %
11.13.84.910.37.3152.612.923.222.219
Net Profit
Mgn %
-1.7-7.1-15.5-7-9.72.1-15.1-3.411.38.63.2
Debt to
Equity
0.711.11.11.21.21.71.91.71.20.8
Working Cap
Days
272279258280290217225231209228199
Cash Conv.
Cycle
155168167170179133142141122127128

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 1.21

Return on Equity has declined versus last 3 years average to 6.10%

Sales growth has been subdued in last 3 years 7.52%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -14.48%

Latest Financials - Hittco Tools Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 -
TTM Sales (₹ Cr.) 6 -
BVPS (₹.) 5.3 -
Reserves (₹ Cr.) -3 -
P/BV 2.44 -
PE 42.56 -
From the Market
52 Week Low / High (₹) 9.53 / 15.17
All Time Low / High (₹) 2.00 / 51.85
Market Cap (₹ Cr.) 8
Equity (₹ Cr.) 6.2
Face Value (₹) 10
Industry PE 71.4

Management X-Ray of Hittco Tools:

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 Hittco Tools

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales7.757.417.246.056.157.135.645.496.577.01
Operating Expenses 6.897.136.895.435.706.065.494.835.055.45
Manufacturing Costs1.421.610.730.530.910.790.720.650.760.65
Material Costs1.761.842.952.412.242.631.991.602.112.18
Employee Cost 2.032.051.981.271.611.351.301.281.231.22
Other Costs 1.681.631.231.220.941.291.481.290.961.40
Operating Profit 0.860.280.350.620.451.070.150.661.521.56
Operating Profit Margin (%) 11.1%3.8%4.9%10.3%7.3%15.0%2.6%12.0%23.2%22.2%
Other Income 0.180.190.180.190.180.010.110.020.090.05
Interest 0.420.410.340.320.260.360.390.370.270.25
Depreciation 0.640.541.411.040.940.700.710.530.610.77
Exceptional Items 0000-0.2000000
Profit Before Tax -0.02-0.48-1.22-0.55-0.760.02-0.85-0.220.740.58
Tax 0.030.05-0.10-0.12-0.03-0.14000-0.04
Profit After Tax -0.05-0.53-1.12-0.42-0.740.15-0.85-0.220.740.62
PAT Margin (%) -0.6%-7.1%-15.5%-7.0%-12.0%2.2%-15.1%-4.0%11.3%8.8%
Adjusted EPS (₹)-0.1-0.9-1.9-0.7-1.20.3-1.4-0.41.21.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 6.235.043.923.492.812.942.071.862.653.25
Share Capital 6.026.326.326.326.326.326.326.326.326.32
Reserves 0.21-1.28-2.40-2.83-3.51-3.38-4.25-4.46-3.68-3.07
Minority Interest0000000000
Debt4.134.483.973.212.723.543.343.384.373.79
Long Term Debt2.463.122.632.131.743.543.343.383.873.26
Short Term Debt1.671.361.341.080.990000.500.53
Trade Payables1.010.910.760.930.830.510.570.530.670.31
Others Liabilities 2.632.062.352.152.030.850.941.020.871.09
Total Liabilities 14.0112.4911.019.798.407.856.926.798.558.44

Fixed Assets

Gross Block714.0814.3314.443.4415.1615.3215.3317.3717.40
Accumulated Depreciation07.799.1610.20011.3012.0212.5513.1513.93
Net Fixed Assets76.295.184.243.443.863.302.784.213.48
CWIP 0.53000000000
Investments 0000000000
Inventories2.162.462.021.861.531.140.930.980.991.14
Trade Receivables2.562.562.242.372.411.811.671.9722.03
Cash Equivalents 0.190.020.580.370.100.370.300.370.450.08
Others Assets1.571.160.980.940.920.670.720.680.891.71
Total Assets 14.0112.4911.019.798.407.856.926.798.558.44

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1.750.361.390.890.750.930.670.421.880.51
PBT -0.02-0.48-1.22-0.55-0.760.02-0.85-0.220.740.58
Adjustment 0.950.741.701.341.191.061.080.900.910.99
Changes in Working Capital 0.820.10.90.10.33-0.150.44-0.260.23-1.07
Tax Paid 0000000000
Cash Flow From Investing Activity -0.65-0.49-0.27-0.05-0.13-1.11-0.150-2.03-0.02
Capex -0.68-0.68-0.29-0.07-0.13-1.12-0.16-0.01-2.04-0.04
Net Investments 0000000000
Others 0.030.190.030.020.010.010.0100.010.02
Cash Flow From Financing Activity -1.08-0.04-0.56-1.05-0.471.44-0.59-0.340.23-0.86
Net Proceeds from Shares 0.300.3000000000
Net Proceeds from Borrowing 000001.81-0.200.030.49-0.61
Interest Paid -0.31-0.39-0.32-0.31-0.26-0.36-0.39-0.37-0.27-0.25
Dividend Paid 0000000000
Others -1.070.05-0.24-0.74-0.2100000
Net Cash Flow 0.02-0.170.56-0.210.151.26-0.070.080.08-0.38
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-0.84-9.85-26.77-12.39-25.635.94-38.26-13.0537.7123.24
ROCE (%)3.57-0.63-9.56-2.88-7.466.07-7.542.8316.0711.61
Asset Turnover Ratio0.610.620.690.650.690.880.760.80.860.82
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A6.2N/AN/A2.540.82
Working Capital Days
Receivable Days102115108124138108113121110105
Inventory Days98103101104986867635556
Payable Days160191103129144939912410381

Hittco Tools Ltd Stock News

Hittco Tools Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Hittco Tools on 12-Jul-2024 16:01 is ₹12.99.
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 12-Jul-2024 16:01 the market cap of Hittco Tools stood at ₹8.00.
The latest P/E ratio of Hittco Tools as of 12-Jul-2024 16:01 is 42.56.
The latest P/B ratio of Hittco Tools as of 12-Jul-2024 16:01 is 2.44.
The 52-week high of Hittco Tools is ₹15.17 and the 52-week low is ₹9.53.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hittco Tools is ₹5.97 ( Cr.) .

About Hittco Tools Ltd

Hittco Tools is an ISO 9001-2000 manufacturing company engaged in the production of carbide cutting tools and HSS cutting tools. It was established in the year 1974 and has gained a high level of expertise in the cutting tool industry. It has a network of offices in India as well as an extensive dealer & distributor network spread across the country. It is a company with a strong strategy for growth in the global trade environment and a definite formula for success. First export of Hittco Tools was made in the year 1975. Since then Hittco has continuously exported its tools to many countries throughout the world.

Products -1. HSS Tools:• Drills• Taps• Customized products

2. Solid Carbide Tools:• Drills• End Mills• Ground Rods• Reamers• Customized products.

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