Indian Hume Pipe Company Ltd Stock Analysis

BSE: 504741 | NSE: INDIANHUME | Engineering - Construction | Small Cap

BSE Share Price 31-Mar-2023 18:02
121.45 2.95 (2.49%)

DeciZen - Make an Informed Decision on India Hume Pipe

Overall Rating

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

India Hume Pipe Price Chart

P/E Ratio ( SA) :
9.89
Market Cap :
588.4 Cr.
52-wk low :
115.6
52-wk high :
206.1
Bole Toh?

1. Is Indian Hume Pipe Company Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Indian Hume Pipe Company Ltd is a below average quality company.

2. Is Indian Hume Pipe Company Ltd undervalued or overvalued?

The key valuation ratios of Indian Hume Pipe Company Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Indian Hume Pipe Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Indian Hume Pipe Company 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 India Hume Pipe:

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.
Indian Hume Pipe Company Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.8%10.2%12.6%10%20.3%13.1%13.8%11.4%7.9%8.7%-
Value Creation Index -0.3-0.3-0.1-0.30.5-0.1-0.0-0.2-0.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6848271,0109251,8061,5471,6461,6241,2411,5201,480
YoY Gr. Rt. %-20.9%22.1%-8.4%95.2%-14.4%6.4%-1.3%-23.5%22.5%-
Adj EPS 4.34.67.2620.513.617.815.18.511.912.3
YoY Gr. Rt. %-7.7%56.7%-16.9%242.9%-33.7%30.6%-15.4%-43.6%39.6%-
BVPS (₹) 48.952.559.263.382.693.5107.3117.4124.4134.2140.3
Adj Net Profit 20.722.334.92999.56686.27341.157.459
Cash Flow from Ops. 4.2-34.1-3.945.7152-30.7-4.8-3218556-
Debt/CF from Ops. 42.3-7.3-77.971.8-11.2-99.5-20.8310.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.3%-3.4%-2.6%22.5%
Adj EPS 12%-10.4%-12.7%39.6%
BVPS 11.910.27.87.9
Share Price 9.5% -17.3% 0.2% -33.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 99.112.99.828.215.517.713.479.29
Op. Profit Mgn % 8.99.210.910.511.49.811.311.710.110.39.3
Net Profit Mgn % 32.73.53.15.54.35.24.53.33.84
Debt to Equity 0.711.110.70.80.91.20.90.9-
Working Cap Days 3463283183882293283684195544460
Cash Conv. Cycle 1601501431735423344054560

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.90

Return on Equity has declined versus last 3 years average to 8.90%

Sales growth has been subdued in last 3 years -2.60%

Net Profit has been subdued in last 3 years -12.67%

Sales growth is not so good in last 4 quarters at -4.26%

Latest Financials - Indian Hume Pipe Company Ltd.

Standalone Consolidated
TTM EPS (₹) 12.3 -
TTM Sales (₹ Cr.) 1,480 -
BVPS (₹.) 140.3 -
Reserves (₹ Cr.) 670 -
P/BV 0.87 -
PE 9.89 -
From the Market
52 Week Low / High (₹) 115.55 / 206.10
All Time Low / High (₹) 1.09 / 591.00
Market Cap (₹ Cr.) 588
Equity (₹ Cr.) 9.7
Face Value (₹) 2
Industry PE 26.4

Management X-Ray of India Hume Pipe :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.0026.8226.8226.8229.0030.02
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of India Hume Pipe

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

News

Indian Hume Pipe Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of India Hume Pipe on 31-Mar-2023 18:02 is : 121.5.
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 31-Mar-2023 18:02 the market cap of India Hume Pipe stood at ₹ 588.4.
The latest PE ratio of India Hume Pipe as of 31-Mar-2023 18:02 is 9.89.
The latest PB ratio of India Hume Pipe as of 31-Mar-2023 18:02 is 0.87
The 52-week high of India Hume Pipe is ₹ 206.1 and the 52-week low is ₹ 115.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of India Hume Pipe is ₹ 1,480 ( Cr.) .

About Indian Hume Pipe Company Ltd

The Indian Hume Pipe Co. Ltd. (IHP) was established in 1926 with the object of manufacturing, popularising and marketing Hume Pipes and allied products. A small mechanical workshop was also established simultaneously for production of specialised equipment required for making Reinforced Concrete Cement Pipes. Over a period of time the company has developed Prestressed Concrete Pipes (Non-Cylinder), Prestressed Concrete Cylinder Pipes, Bar Wrapped Steel Cylinder Pipes, Hume Steel Pipes, Welded Steel Penstocks, Prestressed Concrete Railway Sleepers and specialised in execution of Turnkey Water Supply Projects.

Today the company has a well spread out and wide network of over twenty factories and forty projects in India. The company has earned a reputation for excellence through employing modern technology, stringent quality control measures, timely execution and continuous Research and Development. As a result the company's products have found acceptance in highly competitive  markets. The company's expertise is at work right from designing of custom made pipes to the company's total engineering packages for pipeline projects.

The company is actively involved in the strengthening of the nation's infrastructure in varied fields viz. Water Supply, Irrigation, Drainage, Power Generation and Rail transport by executing numerous turnkey pipeline projects for Water Supply, Sewerage and Hydroelectric Power Generation and supplying millions of sleepers for railways in India. IHP has also executed neighbouring countries like Sri Lanka, Burma & Iraq.

The company is also manufacturing Air Rifles & Pistols for promoting Target Shooting Sports. These products have already established the company as a brand leader in India. IHP is the only company in the organized sector in India manufacturing quality Air Rifles with state-of-the-art manufacturing facilities. The company has a distribution network throughout India for carrying out successful marketing of Air Rifles.

From a modest beginning seven decades ago, today the company is acknowledged as a leader of the industry with an unbeatable track record of introducing the following products.

Product range of the company includes:

  • Prestressed concrete pipe
  • Prestressed concrete cylinder pipe
  • Bar wrapped steel cylinder pipe
  • Steel pipe
  • RCC pipe
  • Penstock pipe
  • Prestressed concrete monoblock sleeper for railways
  • Air rifles & pistols

The company has a long list of clients which includes:

State Government's Water Supply Departments, City Corporations, State Government's Industrial Development Corporations, City Industrial Development Corporations of all States, Large Industries Water Supply Schemes, Cooperative Farmer's Societies - Lift Irrigation Schemes, State Government' Irrigation Development. Railways for Sleepers and Hydro Electric Power Projects.

Services offered by the company

  • Technical Services-  IHP has a rich experience of over 7 decades in pipeline projects. Once the work is assigned to them, the client can make use of this unique facility free of cost. 
  • Management of Plant -Management of plant in India, overseas with company’s engineers and experienced technicians.
  • Rehabilitation of Pipelines-Many times its clients have a problem of joint leakage with the pipes supplied by other manufacturers. It also undertakes the repairs of such pipe joints and helps the clients to rehabilitate the pipelines.

Milestones of the company:

  • 1926 -Reinforced Cement Concrete Pipe
  • 1932 -Welded Steel Pipe
  • 1956 - Steel Penstocks
  • 1957 -Prestressed Concrete Pipe (Non Cylinder)
  • 1966 -Air Rifles & Pistols
  • 1970-Prestressed Concrete Monoblock Sleepers for Railways
  • 1998 -Bar Wrapped Steel Cylinder Pipe
  • 1999 - Prestressed Concrete Cylinder Pipe
  • 2011 - Indian Hume Pipe Company signed a Memorandum of Understanding (MOU) with M/s. Dosti Realty Limited
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now