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Hindoostan Mills Ltd. Stock Analysis

Small Cap
Evaluated by 62 users | BSE: 509895 | NSE: |
Textile
Hindoostan Mills was incorporated in 1873 under the leadership of Sheth Thackersey Moolji. In the 1990’s a state of the art Textile Mill was set up in Karad, district Satara, Maharashtra. In 2011 the company has changed its name from Sirdar Carbonic Gas Company Ltd. to Hindoostan Mills...

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 4.08%7.1%-2.35%4.27%3.83%-5.5%-1.45%-11.55%-10.66%-15.98%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 7.396.7103106147154159157165163
Y-o-Y Gr. Rt.-1223.3%6.2%3.6%37.8%4.9%3.6%-1.3%4.8%-0.9%
Adjusted EPS (Rs.) 12.962.53-13.5123.8321.28-43.29-23.87-81.55-63.93-73.92
Y-o-Y Gr. Rt.--80.5%-634%NA-10.7%-303.4%NANANANA
Book Value per Share (Rs.) 345.0556.63554.19570.55571.01521.32502.35422.03357.32286.85
Adjusted Net Profit 0.94.2-2.343.5-7.2-4-13.6-10.6-12.3
Net Op. Cash Flow (Rs. Cr.) 2.1-12.92.213.6-1.96.2105.17.35.8
Debt to Cash Flow from Ops 000.41004.962.674.32.322.09
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.
Hindoostan Mills Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 41.2%2.2%0.8%-0.9%
Adjusted EPS -221.3%-228.3%NANA
Book Value per Share -2-12.9-17-19.7
Share Price -10.6% -14.2% -18.9% -21.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 4.017.1-2.414.243.73-7.93-4.66-17.65-16.41-22.95
Operating Profit Margin (%) 5.682.35-0.277.656.882.384.63-0.221.02-2.07
Net Profit Margin (%) 12.524.35-2.193.732.41-4.69-2.5-8.64-6.46-7.54
Debt to Equity 000.01000.350.320.320.280.26
Working Capital Days 205104189183141146143146140144
Cash Conversion Cycle 1647100103909795947972
Entity Percentage Holding
Promoters 60.65%
Institutions 0.13%
Non-Institutions 39.22%
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 Hindoostan Mills Ltd.'s performance infers:

Hindoostan Mills Ltd. earnings have declined by -228.3%, whereas share price has depreciated -14.2% 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 Hindoostan Mills Ltd. share prices over the last 10 years. Here is what we found out:

Hindoostan Mills Ltd. share price has depreciated 14.8% annually over the past ten years.

Hindoostan Mills was incorporated in 1873 under the leadership of Sheth Thackersey Moolji. In the 1990’s a state of the art Textile Mill was set up in Karad, district Satara, Maharashtra. In 2011 the company has changed its name from Sirdar Carbonic Gas Company Ltd. to Hindoostan Mills Ltd.The company is located at 215-219, 2nd Floor, Sir Vithaldas Chambers, 16, Samachar Marg Mumbai in Maharashtra.

Today all the manufacturing activities are located there.

Hindoostan Mills was incorporated in 1873 under the leadership of Sheth Thackersey Moolji. In the 1990’s a state of the art Textile Mill was set up in Karad, district Satara, Maharashtra. In 2011 the company has changed its name from Sirdar Carbonic Gas Company Ltd. to Hindoostan Mills Ltd.The company is located at 215-219, 2nd Floor, Sir Vithaldas Chambers, 16, Samachar Marg Mumbai in Maharashtra.

Today all the manufacturing activities are located there. The company installed 5 new ring frames, an open end spinning machine, 4 new generation winding machines such as auto coner wide width.

The company’s products are Greige fabrics in Plain, Matty, 3/1Drill, 2/1Twill, Gabardine, Satin, Duck, Herring Bone Weaves. The company’s main products are used for bottom weight fabrics, bull denim, corduroy Industrial canvas and work-wear fabrics. Also, the company has products for sheetings in narrow and wider widths using 12s to 60s Count Cotton as well P/C yarns.

The company’s latest addition is the manufacturing of fine shirting fabrics. Essentially all its products are designed as per the customers’ requirements and in tune with the changing market trends. The company has a focus on product development and strives to fulfill the customers’ aspirations in terms of quality and product variations. All fabrics produced are well inspected as per acceptable international standards.

In 2012 its wholly owned subsidiary Hindoostan Technical Fabrics Ltd (HTFL) tied-up with Japan based Toho Tenax Company Ltd (TOHO) to jointly develop and market Carbon and Aramid Fiber Fabrics in India.

Business of the company:

The company is engaged in manufacture and sale of textiles primarily in India. It offers cotton woven and synthetic blended fabrics, and cotton yarn. The company was incorporated in 1873 and is headquartered in Mumbai, India.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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