Haryana Leather Chemicals Ltd Stock Analysis

BSE: 524080 | NSE: | Chemicals | Small Cap

BSE Share Price 08-Dec-2022 18:01
42.80 0.00 (0.00%)

DeciZen - Make an Informed Decision on Haryana Leather Chem

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Haryana Leather Chem Price Chart

P/E Ratio (SA) :
11.51
Market Cap :
21 Cr.
52-wk low :
30.8
52-wk high :
49.1
Bole Toh?

1. Is Haryana Leather Chemicals Ltd a good quality company?

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

2. Is Haryana Leather Chemicals Ltd undervalued or overvalued?

The key valuation ratios of Haryana Leather Chemicals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Haryana Leather Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Haryana Leather Chemicals 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 Haryana Leather Chem:

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.
Haryana Leather Chemicals 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 % 7.6%9.2%6%7.8%7.2%6.1%4.6%6.5%4.7%3.8%-
Value Creation Index -0.5-0.3-0.6-0.5-0.5-0.6-0.7-0.5-0.7-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 39.744.842.439.739.135.636.93527.838.943
YoY Gr. Rt. %-12.9%-5.4%-6.3%-1.7%-8.9%3.7%-5%-20.5%39.7%-
Adj EPS 34.12.73.83.93.42.74.13.12.63.7
YoY Gr. Rt. %-36.1%-32.9%39.6%1.3%-11.1%-21%50.9%-24.9%-16%-
BVPS (₹) 43.448.148.85357.560.162.265.568.871.573.3
Adj Net Profit 1.521.31.91.91.71.321.51.32
Cash Flow from Ops. 3.821.14.93.81.31.33.9-6.810.4-
Debt/CF from Ops. 0.20.81.30.1000.6000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.2%-0.1%1.8%39.7%
Adj EPS -1.6%-7.7%-1.6%-16%
BVPS 5.74.54.73.9
Share Price 11.4% -4.5% 22.6% 19.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 7.18.95.67.575.84.46.44.63.75.1
Op. Profit Mgn % 8.987.897.964.46.36.43.23.4
Net Profit Mgn % 3.74.53.24.74.94.73.65.75.43.34.2
Debt to Equity 00.10.100000000
Working Cap Days 127122140135120152153154237176245
Cash Conv. Cycle 46344451455459587671198

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.10%

Sales growth is good in last 4 quarters at 30.02%

Sales growth has been subdued in last 3 years 1.79%

Net Profit has been subdued in last 3 years -1.63%

Latest Financials - Haryana Leather Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 3.7 -
TTM Sales (₹ Cr.) 43.4 -
BVPS (₹.) 73.3 -
Reserves (₹ Cr.) 31 -
P/BV 0.58 -
PE 11.51 -
From the Market
52 Week Low / High (₹) 30.75 / 49.05
All Time Low / High (₹) 1.00 / 90.00
Market Cap (₹ Cr.) 21
Equity (₹ Cr.) 4.9
Face Value (₹) 10
Industry PE 33.9

Management X-Ray of Haryana Leather Chem :

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 Haryana Leather Chem

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

News

Haryana Leather Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Haryana Leather Chem on 08-Dec-2022 18:01 is : 42.80.
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 08-Dec-2022 18:01 the market cap of Haryana Leather Chem stood at ₹ 21.01.
The latest PE ratio of Haryana Leather Chem as of 08-Dec-2022 18:01 is 11.51.
The latest PB ratio of Haryana Leather Chem as of 08-Dec-2022 18:01 is 0.58
The 52-week high of Haryana Leather Chem is ₹ 49.05 and the 52-week low is ₹ 30.75.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Haryana Leather Chem is ₹ 43.35 ( Cr.) .

About Haryana Leather Chemicals Ltd

Haryana Leather Chemicals is a joint venture with ICAP-SIRA Italy, having technical alliance with Vismon, Spain. The company specializes in the field of leather and shoe chemical manufacturing. Its range of products includes syntans, fatliquors, finishing chemicals, shoe finishes and shoe adhesives.

It has an integrated chemical research and manufacturing facility for a comprehensive range of specialty chemicals and coatings for leather, textile and footwear; and a wide range of adhesives.

The outsourcing opportunities offered by Haryana to the leading Industrial chemicals specialists set a new world standard in production economies & quality, cut costs, reduce development time, speed up deliveries and maximize profits.

In the rapidly changing global markets, ecological and economic constraints are creating new challenges for large and multinational chemical producers. Haryana enables their outsourcing partners to meet with such situations by ’toll manufacturing’; using latest quality control technologies, higher production efficiencies and yet respects the environmental and safety responsibilities.

Haryana’s standard of quality and service is recognized worldwide. Intensive research on product development and application, an emphasis on environmental responsibility and safety, backed by the ISO 9001-2000 quality system has enabled users worldwide to achieve a high value addition to their products.

Haryana can be off-shore partner for highly economical research, development, pilot production, toll manufacturing of industrial coatings: Acrylics & Polyurethane dispersions, Pigmented coatings, varnishes and lacquers, Acrylic PVC processing aids and spray dried products.

Companies is struggling with capacity or budgetary constrains, engaged in resins and polymers for surface coatings, adhesives, sealants will find Haryana as an ideal offshore partner to get their formulations developed or toll manufactured.

Product range of the company includes:

Leather Chemicals

  • Syntans
  • Fatliquors
  • Finishes

Footwear Finishes

  • Adhesives
  • Finishes
  • Auxiliaries

Textile Binders

  • Acrylics
  • Polyurethane Dispersions

Adhesives

  • Pressure-Sensitive
  • Polyurethanes
  • Synthetic Rubber

Achievements/ recognition:

  • It has got ISO 9001-2000 certification.
  • The first Indian company to free its leather chemical products of banned chemicals.
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