Hind Aluminium Industries Ltd - Stock Valuation and Financial Performance

BSE: 531979 | NSE: | Aluminium & Aluminium Products | Small Cap

Hind Aluminium Share Price

69.10 -0.53 -0.76%
as on 04-Oct'24 16:01

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Hind Aluminium Industries stock performance -

mw4me loader
P/E Ratio (SA):
6.75
Market Cap:
43 Cr.
52-wk low:
39.5
52-wk high:
82.3

Is Hind Aluminium Industries Ltd an attractive stock to invest in?

1. Is Hind Aluminium Industries Ltd a good quality company?

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

2. Is Hind Aluminium Industries Ltd undervalued or overvalued?

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

3. Is Hind Aluminium Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hind Aluminium Industries 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 Hind Aluminium:

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.
Hind Aluminium Industries 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12.6%16.1%10.5%13.1%9.4%1.6%-6.9%1.6%-6.1%13.9%-
Value Creation
Index
-0.10.2-0.3-0.1-0.3-0.9-1.5-0.9-1.40.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 44172149866054238985.323.62.41.31
Sales YoY Gr.-63.3%-30.9%32.5%-18%-28.2%-78.1%-72.4%-89.9%-44.1%-
Adj EPS 11.614.39.612.56-7.6-21.1-2-15.56.610.1
YoY Gr.-23.7%-32.8%30.1%-52.3%-227.2%NANANANA-
BVPS (₹) 100.4112.8122.7133.3130.6120.7100.499.491.4106.2106.3
Adj Net
Profit
7.396.17.93.8-4.8-13.3-1.3-9.84.16
Cash Flow from Ops. -3019.224.7-39.261.917.266.711.62.40.6-
Debt/CF from Ops. -2.74.33.2-3.21.35.70.51.60.90-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -47.5%-69.9%-75%-44.1%
Adj EPS -6.1%1.9%NANA
BVPS0.6%-4%1.9%16.2%
Share Price 1.9% 6.8% 20.4% 62.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
12.113.48.29.84.5-6-19.1-2-16.36.69.5
Op. Profit
Mgn %
3.63.53.63.52.70.1-125.5-598.1-1128.9-1501.7
Net Profit
Mgn %
1.71.31.21.20.7-1.2-15.6-5.3-411.6311.2530.8
Debt to
Equity
1.31.211.511.30.50.300-
Working Cap
Days
111891291071271394378516,0265,2541,586
Cash Conv.
Cycle
6049726786952653081,1322311,514

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.50%

Sales growth has been subdued in last 3 years -75.02%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -29.55%

Latest Financials - Hind Aluminium Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 10.1 20.2
TTM Sales (₹ Cr.) 1.2 1.2
BVPS (₹.) 106.3 122.1
Reserves (₹ Cr.) 61 71
P/BV 0.64 0.56
PE 6.75 3.38
From the Market
52 Week Low / High (₹) 39.50 / 82.30
All Time Low / High (₹) 2.55 / 174.90
Market Cap (₹ Cr.) 43
Equity (₹ Cr.) 6.3
Face Value (₹) 10
Industry PE 17.8

Management X-Ray of Hind Aluminium:

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 Hind Aluminium

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales441.45720.82498.17660.21541.53388.8485.3123.582.381.33
Operating Expenses 425.75695.83480.14636.89527.19388.6395.5322.2918.7419.05
Manufacturing Costs17.6825.1219.7722.4618.7012.646.425.783.361.23
Material Costs398.33656.65447.17598.33487.90358.4480.3712.080.020
Employee Cost 3.685.376.086.777.506.823.881.750.720.57
Other Costs 6.068.697.119.3413.0910.734.872.6914.6417.25
Operating Profit 15.7024.9918.0323.3214.340.21-10.211.29-16.36-17.73
Operating Profit Margin (%) 3.6%3.5%3.6%3.5%2.6%0.1%-12.0%5.5%-688.0%-1,337.7%
Other Income 2.912.281.203.6165.313.301.7613.0127.04
Interest 5.4410.467.6512.9112.5710.698.3240.610.24
Depreciation 3.153.303.013.013.012.802.391.630.970.54
Exceptional Items 0000000000
Profit Before Tax 10.0213.518.5611.014.76-7.96-17.62-2.57-4.938.53
Tax 2.734.502.093.141-3.19-4.30-1.800.11-0.73
Profit After Tax 7.289.016.477.873.76-4.77-13.32-0.77-5.059.27
PAT Margin (%) 1.6%1.2%1.3%1.2%0.7%-1.2%-15.6%-3.3%-212.0%699.4%
Adjusted EPS (₹)11.614.310.312.56.0-7.6-21.1-1.2-8.014.7
Dividend Payout Ratio (%)13%11%16%13%8%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 63.2771.0677.3183.9782.2576.0763.2762.6557.6166.93
Share Capital 6.306.306.306.306.306.306.306.306.306.30
Reserves 56.9764.7671.0177.6775.9569.7756.9756.3551.3160.63
Minority Interest0000000000
Debt81.3882.2678.54124.7778.3897.4329.8215.642.030
Long Term Debt6.895.327.605.724.732.271.766.1900
Short Term Debt74.4976.9470.94119.0573.6595.1528.069.452.030
Trade Payables52.0756.6235.8039.8424.524.620.36000
Others Liabilities 13.0120.5616.0410.867.859.435.31-1.04-5.07-6.06
Total Liabilities 209.72230.51207.69259.44193.01187.5598.7577.2554.5860.87

Fixed Assets

Gross Block45.8753.1547.7247.3747.5647.9747.6147.0335.2917.20
Accumulated Depreciation23.5726.3323.6626.1929.0431.7733.8734.8325.7112.29
Net Fixed Assets22.3026.8324.0621.1818.5216.2113.7312.199.584.91
CWIP 0000000000
Investments 11.3211.3713.5213.5613.8514.9217.0613.4811.8546.83
Inventories40.6038.2237.5232.4646.9230.5710.313.050.650
Trade Receivables101.12126.0191.12159.2782.8071.0516.4610.340.710.32
Cash Equivalents 7.857.512.104.385.1314.9154.611.632.49
Others Assets26.5420.5739.3828.5725.7839.8936.1933.5730.156.32
Total Assets 209.72230.51207.69259.44193.01187.5598.7577.2554.5860.87

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -3019.2424.69-39.1561.8717.1766.6711.602.380.57
PBT 10.0213.518.5611.014.76-7.96-17.62-2.57-4.938.53
Adjustment 4.459.518.3815.9015.5213.4510.755.68-8.60-25.81
Changes in Working Capital -43.180.3111.16-63.0449.0513.1673.68.7816.1818.01
Tax Paid -1.28-4.08-3.42-2.94-3.10-0.51-0.06-0.29-0.27-0.17
Cash Flow From Investing Activity -6.23-13.13-14.147.53-2.51-16.74-0.334.2515.931.89
Capex -1.50-8.12-0.41-0.14-0.34-0.480.04-0.179.1114.19
Net Investments -0.09-0.05-2.15-0.05-0.29-1.06-2.143.581.63-34.11
Others -4.64-4.97-11.587.72-1.87-15.191.770.845.1921.82
Cash Flow From Financing Activity 36.27-6.44-15.9332.11-60.179.15-75.93-16.22-17.34-2.27
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -1.30-6.19-5.42-12.91-12.57-10.69-8.32-4-0.61-0.24
Dividend Paid -0.95-0.95-1.01-1.01-1.01-0.320000
Others 38.520.69-9.5046.02-46.5920.16-67.61-12.22-16.73-2.04
Net Cash Flow 0.03-0.33-5.370.48-0.819.59-9.59-0.380.970.18
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)12.0713.418.729.764.52-6.03-19.12-1.23-8.3914.88
ROCE (%)12.6316.0910.4913.129.381.63-6.921.63-6.1313.86
Asset Turnover Ratio2.53.272.272.832.392.040.60.270.040.02
PAT to CFO Conversion(x)-4.122.143.82-4.9716.45N/AN/AN/AN/A0.06
Working Capital Days
Receivable Days715880698272187207848142
Inventory Days232028192736871032840
Payable Days37303823241511000

Hind Aluminium Industries Ltd Stock News

Hind Aluminium Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Hind Aluminium on 04-Oct-2024 16:01 is ₹69.10.
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 04-Oct-2024 16:01 the market cap of Hind Aluminium stood at ₹43.00.
The latest P/E ratio of Hind Aluminium as of 04-Oct-2024 16:01 is 6.75.
The latest P/B ratio of Hind Aluminium as of 04-Oct-2024 16:01 is 0.64.
The 52-week high of Hind Aluminium is ₹82.30 and the 52-week low is ₹39.50.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hind Aluminium is ₹1.20 ( Cr.) .

About Hind Aluminium Industries Ltd

Hind Aluminium Industries Limited formerly known as Associated Profiles & Aluminium Limited, the Associated Group of companies began operations in 1973.  The company's principal activity is to manufacture aluminium and power generation. It operates in three segments namely Aluminium Product, Minerals and Power. Its product includes aluminium wire rod and bauxite. They are leading secondary manufacturer ofAluminium Wire Rods in the country. They have an installed capacity of 25000 MT.

Its first manufacturing unit an aluminium rolling mill, was set up at Taloja in the state of Maharashtra. After developing a loyal customer base in the aluminium market for over a decade, in 1987, it expanded its activities further by setting up a facility for the manufacture of aluminium security grills in the union territory of Daman. In addition, this unit also took up complete fabrication jobs which included setting up door and window frames.

Today its brand Decogrille is the most widely used aluminium security grill throughout the country. It has also succeeded in exporting this product to neighbouring countries.

In 1996, it entered into a collaboration with Focchi Spa, an Italian company which undertook curtain walling jobs. This part of their business, also situated at Daman, is equipped with the technology to design and execute a complete curtain-wall job, which involves a complete glass exterior for building structures.

In 1996, one of its group companies, Associated Profiles and Aluminium Ltd. made its Initial Public Offering in the capital markets. A unit, Hind Aluminium, was set up in Silvassa (union territory Dadra & Nagar Haveli) to manufacture aluminium alloy and electrical grade wire rods. This product is used by conductor manufacturers for power transmission.

In 1997, Associated Aluminium Industries (P) Ltd. also set up another rolling mill operation in Silvassa. In addition to the above manufacturing activities, their indenting division is also active in non-ferrous metals like aluminium, copper, zinc and nickel. It also import minerals like sulphur, rock phosphate and coal.

Product range of the company includes:

  • Alloy Ingots
  • EC Wire Rods
  • Flipped Wire Rod
  • Aluminium Grills
  • Aluminium Floorings
  • Aluminium Frames
  • Surface Coatings
  • Structural Glazings
  • Curtain Wall Systems

Achievements/ recognition:-

  • They are an ISO 9001:2000 accredited company.
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