Haria Apparels Ltd - Stock Valuation and Financial Performance

BSE: 538081 | NSE: | Trading | Small Cap

Haria Apparels Share Price

5.50 -0.25 -4.35%
as on 26-Apr'24 16:01

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Haria Apparels stock performance -

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P/E Ratio (SA):
7.01
Market Cap:
8.4 Cr.
52-wk low:
3.6
52-wk high:
6.3

Is Haria Apparels Ltd an attractive stock to invest in?

1. Is Haria Apparels Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Haria Apparels Ltd is a below average quality company.

2. Is Haria Apparels Ltd undervalued or overvalued?

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

3. Is Haria Apparels Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Haria Apparels 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 Haria Apparels:

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.
Haria Apparels 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -1.7%-5.4%-4.2%2.9%19.1%10.3%-1.4%-26.7%6.6%23.8%-
Value Creation
Index
-1.1-1.4-1.3-0.80.4-0.3-1.1-2.9-0.50.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.20.20.6010.617.80.80100
Sales YoY Gr.-35.3%178.3%-96.9%52,850%68%-95.6%-100%NA-100%-
Adj EPS -0.5-1.1-0.8-0.31.10.5-0.3-1.70.20.80.8
YoY Gr.-NANANANA-58.4%-172.3%NANA347.1%-
BVPS (₹) 9.88.782.33.43.93.51.92.12.93.4
Adj Net
Profit
-0.7-1.7-1.3-0.51.70.7-0.5-2.60.31.21
Cash Flow from Ops. -1.85.81.90.4-1.5-0.40.5-0.410.91.1-
Debt/CF from Ops. -7.52515-6.7-15.87.4-13.30.21.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS NA-7.6%NA347.1%
BVPS-12.7%-3.2%-6.5%36.5%
Share Price -30.8% 30.9% 74.8% 38.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-4.8-12-10-640.213-9.2-62.48.830.424.8
Op. Profit
Mgn %
-250.5-353.6-55-3241.5-1.5-4.7-109.60-186.90NAN
Net Profit
Mgn %
-442.4-753.6-199.2-2458.516.44-66.5026.30INF
Debt to
Equity
0.90.90.81.820.90.71.70.50.3-
Working Cap
Days
54,03538,90512,6762,74,7074223255,04102,46600
Cash Conv.
Cycle
31,55722,8087,4841,43,20948-661,4160-2000

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 24.80%

Debt to equity has declined versus last 3 years average to 0.33

Sales growth has been subdued in last 3 years -100.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Haria Apparels Ltd.

Standalone Consolidated
TTM EPS (₹) 0.8 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 3.4 -
Reserves (₹ Cr.) -10 -
P/BV 1.62 -
PE 7.01 -
From the Market
52 Week Low / High (₹) 3.57 / 6.30
All Time Low / High (₹) 0.38 / 297.00
Market Cap (₹ Cr.) 8.4
Equity (₹ Cr.) 15.3
Face Value (₹) 10
Industry PE 77.6

Management X-Ray of Haria Apparels:

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 Haria Apparels

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.170.230.640.0210.5917.790.7801.010
Operating Expenses 0.581.020.990.6310.7418.621.641.202.890.82
Manufacturing Costs0.020.080.070.060.090.080.130.150.330.08
Material Costs0.130.260.390.029.9717.440.7601.940
Employee Cost 0.060.170.300.340.430.580.450.220.250.25
Other Costs 0.370.520.230.220.250.510.300.840.370.49
Operating Profit -0.41-0.80-0.35-0.62-0.15-0.83-0.86-1.20-1.88-0.82
Operating Profit Margin (%) -250.0%-353.0%-54.9%-3,241.5%-1.4%-4.7%-109.0%--186.0%-
Other Income 1.601.831.802.552.422.761.250.463.512.33
Interest 0.380.390.431.310.940.930.540.430.210.18
Depreciation 1.582.061.630.450.360.310.290.220.330.15
Exceptional Items 0000000000
Profit Before Tax -0.77-1.41-0.610.170.970.68-0.43-1.391.091.18
Tax -0.040.190.550.58-0.77-0.030.091.170.680.01
Profit After Tax -0.73-1.60-1.16-0.411.730.72-0.52-2.560.401.17
PAT Margin (%) -442.0%-710.0%-181.0%-2,162.4%16.4%4.0%-66.5%-40.1%-
Adjusted EPS (₹)-0.5-1.1-0.8-0.31.10.5-0.3-1.70.30.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 14.9413.3412.173.455.185.905.382.823.234.40
Share Capital 15.2915.2915.2915.2915.2915.2915.2915.2915.2915.29
Reserves -0.35-1.95-3.11-11.84-10.11-9.39-9.91-12.47-12.06-10.89
Minority Interest0000000000
Debt13.0311.238.295.508.985.143.314.411.290.97
Long Term Debt10.0110.875.032.504.203.893.312.201.290.97
Short Term Debt3.020.363.2634.781.2502.2100
Trade Payables2.341.861.862.127.898.923.4330.080.11
Others Liabilities 0.831.112.02-1.26-2.09-2.92-2.94-3.065.625.57
Total Liabilities 31.1327.5424.349.8119.9617.049.197.1610.2111.05

Fixed Assets

Gross Block22.2921.1421.1433.153.383.383.383.504.05
Accumulated Depreciation16.0617.1418.670.450.811.121.401.621.942.10
Net Fixed Assets6.2342.482.552.342.261.981.761.561.96
CWIP 0000000000
Investments 0.010.010.010.010.010.010.010.010.010.01
Inventories21.741.351.337.301.501.481.4800
Trade Receivables12.6412.1812.240.060.408.040.950.450.020.14
Cash Equivalents 0.070.320.480.070.350.330.050.130.310.17
Others Assets10.199.297.795.809.564.894.723.348.318.77
Total Assets 31.1327.5424.349.8119.9617.049.197.1610.2111.05

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1.755.801.850.42-1.52-0.350.53-0.3610.891.06
PBT -0.73-1.60-0.610.170.970.68-0.43-1.391.091.18
Adjustment 1.581.921.46-0.370.10-0.300.260.50-1.600.31
Changes in Working Capital -2.65.490.990.61-2.59-0.730.70.328.94-0.17
Tax Paid 00000000.212.47-0.26
Cash Flow From Investing Activity -0.23-3.751.250.300.340.380.03-0.01-7.45-0.74
Capex 00.310.06-0.440.09-0.23000.07-0.53
Net Investments 0000000000
Others -0.23-4.061.190.740.250.610.03-0.01-7.52-0.22
Cash Flow From Financing Activity 1.90-1.81-2.94-1.131.70-0.31-0.580.45-3.26-0.46
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1.100.86-5.83-1.131.70-0.31-0.580.45-3.05-0.28
Interest Paid 00000000-0.21-0.17
Dividend Paid 0000000000
Others 3-2.662.890000000
Net Cash Flow -0.070.250.16-0.410.52-0.27-0.030.080.18-0.14
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-4.78-11.32-9.12-5.2540.2112.98-9.21-62.3813.3330.79
ROCE (%)-1.42-3.84-0.799.5115.2312.11.06-11.3720.6525.14
Asset Turnover Ratio0.010.010.0200.710.960.0600.120
PAT to CFO Conversion(x)N/AN/AN/AN/A-0.88-0.49N/AN/A27.230.91
Working Capital Days
Receivable Days006,94108872,1010860
Inventory Days4,5633,027878014990695000
Payable Days7,6612,9861,73001831762,96702900

Haria Apparels Ltd Stock News

Haria Apparels Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Haria Apparels on 26-Apr-2024 16:01 is ₹5.50.
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 26-Apr-2024 16:01 the market cap of Haria Apparels stood at ₹8.41.
The latest P/E ratio of Haria Apparels as of 26-Apr-2024 16:01 is 7.01.
The latest P/B ratio of Haria Apparels as of 26-Apr-2024 16:01 is 1.62.
The 52-week high of Haria Apparels is ₹6.30 and the 52-week low is ₹3.57.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Haria Apparels is ₹0.00 ( Cr.) .

About Haria Apparels Ltd

The founder member of “Haria Group” Late Lakhamashi Govindji Haria, was born in Halar District, Jamnagar. In the year 1956 he has started his business of Export of Textiles and Readymade Garments in the name of “Jayantilal Harakchand and Co”.

The compmany is a public limited by shares domiciled in India, incorporated under the provisions of Companies Act, 1956. Its shares are listed on Bombay Stock Exchange. Its registered office is situated at 8 Subhash Road, Vile Parle (East), Mumbai, India. 

Business area of the company

The company is engaged in manufacturing of Textiles & Fabrics.

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