Hira Automobile Ltd

Hira Automobile Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Hira Automobile Ltd

₹ 64.6 1.99%
25 Apr - close price
hiraautomobiles.com BSE: 531743
About

Incorporated in 1989, Hira Automobiles Ltd
deals in the purchase and sale of Maruti Suzuki's motor vehicles, spare parts, and service of its vehicles in Punjab[1]

Key Points

Business Overview:[1][2]
Company is an authorized dealer of Maruti
Suzuki India Limited and is engaged in selling
and providing after-sale services for all its Brands.
It is also carrying on the insurance of vehicles being sold at its showroom and runs a Maruti Driving School. The company operates 12 showrooms (sales outlets) and 11 workshops for Sales, Service, Spares, Insurance, Accessories, and used cars located at Patiala, Rajpura, Muktsar, Nabha, Patran, Devigarh, Malout, Gidderbaha, and Bhadson, etc.

Website BSE
  • Market Cap ₹ 17.8 Cr.
  • Current Price ₹ 64.6
  • High / Low ₹ 64.6 / 22.6
  • Stock P/E 19.3
  • Book Value ₹ 48.8
  • Dividend Yield 0.00 %
  • ROCE 9.93 %
  • ROE 4.76 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.82% over past five years.
  • Company has a low return on equity of 4.02% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
70.25 72.94 38.59 49.28 60.40 76.05 56.70 59.09 61.95 71.21 59.68 62.79 67.63
67.81 69.27 37.14 47.36 57.67 72.53 54.21 56.42 59.00 69.24 57.05 60.21 64.80
Operating Profit 2.44 3.67 1.45 1.92 2.73 3.52 2.49 2.67 2.95 1.97 2.63 2.58 2.83
OPM % 3.47% 5.03% 3.76% 3.90% 4.52% 4.63% 4.39% 4.52% 4.76% 2.77% 4.41% 4.11% 4.18%
0.03 0.10 0.03 0.03 0.03 0.32 0.02 0.02 0.02 0.37 0.02 0.02 0.02
Interest 1.48 2.54 1.73 1.70 1.61 2.88 2.03 2.14 2.25 1.71 2.06 1.93 2.07
Depreciation 0.39 0.29 0.34 0.36 0.35 0.34 0.34 0.34 0.34 0.34 0.34 0.34 0.37
Profit before tax 0.60 0.94 -0.59 -0.11 0.80 0.62 0.14 0.21 0.38 0.29 0.25 0.33 0.41
Tax % 0.00% 6.38% 0.00% 0.00% 3.75% 16.13% 21.43% 19.05% 26.32% 37.93% 24.00% 21.21% 31.71%
0.60 0.87 -0.60 -0.11 0.77 0.52 0.11 0.17 0.28 0.18 0.19 0.27 0.28
EPS in Rs 2.18 3.16 -2.18 -0.40 2.80 1.89 0.40 0.62 1.02 0.65 0.69 0.98 1.02
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
216 264 305 323 310 322 354 369 277 204 224 249 261
213 260 300 316 302 314 345 358 269 196 215 239 251
Operating Profit 3 4 5 7 8 8 10 11 8 9 10 10 10
OPM % 2% 2% 2% 2% 3% 3% 3% 3% 3% 4% 4% 4% 4%
1 1 1 1 0 0 0 1 1 0 0 0 0
Interest 3 3 3 4 6 6 7 8 7 7 8 8 8
Depreciation 1 1 1 2 1 2 2 2 2 1 1 1 1
Profit before tax 1 1 2 2 1 1 1 2 -1 0 1 1 1
Tax % 33% 31% 35% 34% 44% 37% 67% 19% 59% 17% 14% 26%
1 1 1 1 1 1 0 1 -0 0 1 1 1
EPS in Rs 2.11 3.16 3.56 3.92 2.03 2.91 1.45 5.27 -1.38 1.05 2.25 2.72 3.34
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: -7%
3 Years: -3%
TTM: 3%
Compounded Profit Growth
10 Years: -4%
5 Years: 9%
3 Years: 40%
TTM: -15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 201%
Return on Equity
10 Years: 5%
5 Years: 3%
3 Years: 4%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 3 4 5 6 6 7 8 9 9 9 9 10 11
24 48 45 70 60 64 84 91 79 77 77 78 78
27 27 33 18 14 12 7 7 7 7 5 5 9
Total Liabilities 57 81 85 96 83 86 102 110 97 96 94 96 100
12 14 17 17 17 16 16 18 15 14 13 13 12
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
45 67 68 80 66 70 86 92 82 83 82 83 88
Total Assets 57 81 85 96 83 86 102 110 97 96 94 96 100

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1 -25 11 -1 8 2 -5 3 14 12 7 11
-3 -4 -2 -2 -2 -0 2 -4 2 -0 -0 -2
0 29 -10 10 -14 -2 -4 -0 -19 -12 -6 -9
Net Cash Flow -2 -0 -0 7 -8 0 -7 -2 -4 0 -0 0

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 17 13 18 16 17 19 20 22 32 40 38 34
Inventory Days 45 66 53 50 53 50 52 53 63 85 76 74
Days Payable 16 2 12 8 2 1 1 1 1 3 1 2
Cash Conversion Cycle 46 78 59 58 68 68 70 74 93 122 113 106
Working Capital Days 40 73 55 61 64 68 76 80 99 127 120 108
ROCE % 12% 9% 9% 9% 9% 10% 10% 9% 6% 8% 10% 10%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
95.72% 95.72% 95.72% 95.72% 95.72% 95.73% 95.73% 95.73% 95.73% 95.73% 95.73% 95.73%
4.28% 4.28% 4.28% 4.28% 4.28% 4.28% 4.28% 4.28% 4.28% 4.28% 4.28% 4.27%
No. of Shareholders 203203203203203203205205205204204206

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