Haldyn Glass Ltd Stock Analysis

BSE: 515147 | NSE: | Glass | Small Cap

BSE Share Price 25-Nov-2022 18:01
75.45 -0.35 (-0.46%)

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

3. Price Trend

Semi Strong

Haldyn Glass Price Chart

P/E Ratio (SA) :
26.73
Market Cap :
405.6 Cr.
52-wk low :
33.3
52-wk high :
81
Bole Toh?

1. Is Haldyn Glass Ltd a good quality company?

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

2. Is Haldyn Glass Ltd undervalued or overvalued?

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

3. Is Haldyn Glass Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Haldyn Glass Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Haldyn Glass:

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.
Haldyn Glass 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 % 23.2%17.7%14.1%6.4%8.8%5%8.9%7.5%5.8%6.2%-
Value Creation Index 0.70.30.0-0.5-0.4-0.7-0.4-0.5-0.6-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 153161156141172166223229178213272
YoY Gr. Rt. %-5.8%-3.6%-9.6%22.4%-3.5%34.2%2.9%-22.4%19.6%-
Adj EPS 4.13.531.42.11.22.421.61.92.8
YoY Gr. Rt. %--15.4%-13.8%-53.9%50%-42%99.2%-14.6%-19.6%15.9%-
BVPS (₹) 17.720.221.3222525.627.528.930.331.933
Adj Net Profit 2218.616.17.411.16.512.8118.810.215
Cash Flow from Ops. 10.544.712.714.121.616.213.21824.610.1-
Debt/CF from Ops. 0.600.21.30.10.20.60.10.10.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.8%4.3%-1.6%19.6%
Adj EPS -8.2%-1.7%-7.4%15.9%
BVPS 6.8555.1
Share Price 16.6% 11.4% 34.2% 96.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 24.817.914.16.38.74.897.25.66.18.7
Op. Profit Mgn % 2720.616.912.615.98.111.512.111.67.77.6
Net Profit Mgn % 14.511.610.35.36.53.95.84.854.85.6
Debt to Equity 0.1000.2000.10000
Working Cap Days 120117113145130149123132175154137
Cash Conv. Cycle 8581689293109889211710478

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.70%

Sales growth is good in last 4 quarters at 36.31%

Sales growth has been subdued in last 3 years -1.55%

Net Profit has been subdued in last 3 years -7.36%

Latest Financials - Haldyn Glass Ltd.

Standalone Consolidated
TTM EPS (₹) 2.8 4
TTM Sales (₹ Cr.) 272 272
BVPS (₹.) 33 30.6
Reserves (₹ Cr.) 172 159
P/BV 2.28 2.46
PE 26.73 18.83
From the Market
52 Week Low / High (₹) 33.30 / 80.95
All Time Low / High (₹) 0.01 / 80.95
Market Cap (₹ Cr.) 406
Equity (₹ Cr.) 5.4
Face Value (₹) 1
Industry PE 36.4

Management X-Ray of Haldyn Glass :

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 Haldyn Glass

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

News

Haldyn Glass Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Haldyn Glass on 25-Nov-2022 18:01 is : 75.45.
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 25-Nov-2022 18:01 the market cap of Haldyn Glass stood at ₹ 405.6.
The latest PE ratio of Haldyn Glass as of 25-Nov-2022 18:01 is 26.73.
The latest PB ratio of Haldyn Glass as of 25-Nov-2022 18:01 is 2.28
The 52-week high of Haldyn Glass is ₹ 80.95 and the 52-week low is ₹ 33.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Haldyn Glass is ₹ 271.8 ( Cr.) .

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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