Haldyn Glass Ltd Stock Analysis

BSE: 515147 | NSE: | Glass | Small Cap

BSE Share Price Jan 17, 18:01
46.95 2.15 (4.80%)

DeciZen - Make an Informed Decision on Haldyn Glass

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

10 Year X-Ray:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 27.8%23.2%17.7%14.1%6.4%8.8%5%8.9%7.5%5.8%-
Value Creation Index 1.00.70.30.0-0.5-0.4-0.7-0.4-0.5-0.6-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 175153161156141172166223229178201
YoY Gr. Rt. %--12.6%5.8%-3.6%-9.6%22.4%-3.5%34.2%2.9%-22.4%-
Adj EPS 4.54.13.531.42.11.22.421.62.4
YoY Gr. Rt. %--8.9%-15.4%-13.8%-53.9%50%-42%99.2%-14.6%-19.6%-
BVPS (₹) 14.517.720.221.3222525.627.528.930.330.9
Adj Net Profit 24.22218.616.17.411.16.512.8118.813
Cash Flow from Ops. 22.810.544.712.714.121.616.213.21824.6-
Debt/CF from Ops. 0.70.600.21.30.10.20.60.10.1-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 0.2%4.8%2.3%-22.4%
Adj EPS -10.6%3.5%11%-19.6%
BVPS 8.66.75.85
Share Price 14.7% 7.8% 11.3% 48.6%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 34.424.817.914.16.38.74.897.25.67.8
Op. Profit Mgn % 24.52720.616.912.615.98.111.512.111.611
Net Profit Mgn % 13.914.511.610.35.36.53.95.84.856.4
Debt to Equity 0.20.1000.2000.1000
Working Cap Days 77120117113145130149123132175199
Cash Conv. Cycle 4485816892931098892117130

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.80%

Net Profit is growing at healthy rate in last 3 years 10.97%

Sales growth is good in last 4 quarters at 14.38%

Sales growth has been subdued in last 3 years 2.32%

Latest Financials - Haldyn Glass Ltd.

Standalone Consolidated
TTM EPS (₹) 2.4 2.5
TTM Sales (₹ Cr.) 201 201
BVPS (₹.) 30.9 27.3
Reserves (₹ Cr.) 161 141
P/BV 1.52 1.72
PE 19.73 18.59
From the Market
52 Week Low / High (₹) 28.10 / 50.95
All Time Low / High (₹) 0.01 / 54.95
Market Cap (₹ Cr.) 252
Equity (₹ Cr.) 5.4
Face Value (₹) 1
Industry PE 39

Management X-Ray:

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

Analyst's Notes

News

About Haldyn Glass Ltd

Haldyn Glass Gujarat Ltd. (HGGL), an associate company within the Haldyn group is located at village Gavasad, Dist. Baroda, Gujarat, India. It began commercial production in the year 1995 and is dedicated to mass production of Clear Glass Containers with a furnace capacity of 160 TPD. This modern plant is equipped with an automatic batch house, feedback temperature control system for forehearths, high speed IS (Individual Section) machines, well equipped design department and mould workshop.

The vision of achieving product reliability, customer satisfaction and getting onto the platform of global competitiveness came true, when Company started manufacturing the products in-line with ISO Quality Standards. HGGL achieved its milestone when it was awarded an ISO-9001:2000 Certification by TUV Suddeutschland. HGGL was also awarded ISO 14001 recently 

The company possesses a blend of glass technologists, technical personnels and other profssionals whose dedicated team work has led to the growth of the Company. HGGL is one of the major players in Clear Glass container manufacturing segment in India. It has the most coveted clientele belonging to the Liquor Industry. HGGL also caters to Cosmetic, Food and Pharmaceutical industries. 

Product range of the company includes: Glass Containers

  • Clear
  • Liquor
  • Cosmetics
  • Food & Beverages

Vials- Pharmaceutical industry use these Clear glass Vials of various shapes and sizes to package injectibles, eye-drops, ear-drops and other life saving drugs.

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