Hind Rectifiers Ltd
₹ 729
1.36%
18 May
- close price
- Market Cap ₹ 1,249 Cr.
- Current Price ₹ 729
- High / Low ₹ 824 / 215
- Stock P/E 55.9
- Book Value ₹ 68.7
- Dividend Yield 0.00 %
- ROCE 5.29 %
- ROE 3.99 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 10.6 times its book value
- Company has a low return on equity of 5.62% 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: Consumer Durables Industry: Electronics - Components
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Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
118 | 136 | 97 | 94 | 94 | 111 | 126 | 255 | 300 | 305 | 372 | 359 | 478 | |
102 | 122 | 100 | 96 | 92 | 107 | 116 | 229 | 262 | 285 | 349 | 344 | 436 | |
Operating Profit | 16 | 14 | -4 | -2 | 2 | 5 | 10 | 26 | 38 | 20 | 23 | 15 | 42 |
OPM % | 13% | 10% | -4% | -3% | 2% | 4% | 8% | 10% | 13% | 7% | 6% | 4% | 9% |
0 | 0 | 0 | 0 | 1 | -7 | 0 | 1 | 0 | 0 | 0 | -10 | -17 | |
Interest | 2 | 1 | 2 | 2 | 3 | 5 | 6 | 8 | 8 | 9 | 7 | 8 | 11 |
Depreciation | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 5 | 7 |
Profit before tax | 12 | 11 | -7 | -6 | -2 | -10 | 2 | 17 | 26 | 7 | 11 | -9 | 7 |
Tax % | 12% | 9% | 30% | 40% | 31% | 27% | 35% | 29% | 30% | 28% | 30% | 27% | |
11 | 10 | -5 | -4 | -2 | -7 | 1 | 12 | 18 | 5 | 8 | -6 | 5 | |
EPS in Rs | 6.43 | 6.10 | -2.97 | -2.15 | -0.91 | -4.29 | 0.79 | 7.12 | 11.16 | 3.22 | 4.71 | -3.71 | 2.88 |
Dividend Payout % | 23% | 24% | -6% | 0% | 0% | 0% | 0% | 6% | 7% | 12% | 8% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 23% |
3 Years: | 6% |
TTM: | 37% |
Compounded Profit Growth | |
---|---|
10 Years: | -8% |
5 Years: | 27% |
3 Years: | -38% |
TTM: | 1050% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 42% |
3 Years: | 75% |
1 Year: | 234% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 10% |
3 Years: | 6% |
Last Year: | 4% |
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 | 60 | 67 | 63 | 60 | 59 | 50 | 63 | 75 | 92 | 96 | 104 | 108 | 114 |
15 | 19 | 23 | 26 | 32 | 41 | 51 | 64 | 90 | 84 | 75 | 105 | 111 | |
25 | 24 | 25 | 26 | 30 | 19 | 35 | 43 | 57 | 57 | 64 | 76 | 74 | |
Total Liabilities | 103 | 114 | 113 | 116 | 123 | 113 | 153 | 185 | 243 | 241 | 246 | 292 | 303 |
16 | 17 | 16 | 18 | 21 | 20 | 27 | 26 | 33 | 41 | 48 | 80 | 100 | |
CWIP | 0 | 0 | 0 | 1 | 2 | 5 | 4 | 14 | 18 | 20 | 28 | 21 | 8 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 | 0 |
87 | 97 | 97 | 96 | 101 | 88 | 121 | 144 | 185 | 180 | 170 | 192 | 194 | |
Total Assets | 103 | 114 | 113 | 116 | 123 | 113 | 153 | 185 | 243 | 241 | 246 | 292 | 303 |
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 | 6 | -1 | 2 | 5 | -3 | -4 | 6 | 4 | 22 | 36 | 8 | |
-3 | -4 | -1 | -3 | -5 | -4 | -10 | -10 | -22 | -8 | -20 | -29 | |
4 | 0 | -1 | 0 | 3 | 4 | 15 | 3 | 19 | -15 | -17 | 21 | |
Net Cash Flow | 0 | 3 | -3 | -0 | 4 | -3 | 1 | -1 | 1 | -1 | -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 | 183 | 153 | 200 | 221 | 174 | 117 | 161 | 90 | 99 | 105 | 66 | 69 |
Inventory Days | 88 | 100 | 147 | 117 | 180 | 126 | 143 | 106 | 121 | 106 | 97 | 121 |
Days Payable | 73 | 56 | 89 | 97 | 124 | 57 | 115 | 65 | 69 | 65 | 60 | 69 |
Cash Conversion Cycle | 198 | 197 | 258 | 241 | 230 | 185 | 188 | 132 | 151 | 146 | 104 | 120 |
Working Capital Days | 179 | 173 | 243 | 228 | 224 | 172 | 192 | 120 | 141 | 145 | 103 | 116 |
ROCE % | 19% | 14% | -6% | -4% | 1% | 3% | 8% | 19% | 21% | 9% | 10% | 5% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 29 Apr
- Reply To The Clarification Sought On Movement In Price Of The Shares Across Exchanges, In The Recent Past 25 Apr
-
Clarification sought from Hind Rectifiers Ltd
25 Apr - Exchange has sought clarification from Hind Rectifiers Ltd on April 24, 2024 with reference to significant movement in price, in order to ensure that investors …
- Compliances Under Regulation 40 Of SEBI Listing Regulations, 2015 17 Apr
-
Compliance Certificate For The Period Ended On March 31, 2024
11 Apr - Compliance certificate under Regulation 7(3) of SEBI Listing Regulation for the period ended on March 31, 2024
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Divisions
Equipment: The Co. provides complete solutions in design, manufacturing and services in the field of power electronic equipment for aviation, power, telecommunication, and various industrial plants. It manufactures Active Harmonic Filters, Constant Current Regulators, Water Cooled Rectifier, Thyristor Controlled Rectifier, etc. [1][2]
Semiconductors: The Co. is involved in the development and manufacturing of power
semiconductor devices and offers a range of products including Stud/Flat Base/Capsule devices, Power Stack/Assemblies, and Rotating Assemblies. [3][4]
Traction: The Co. is involved in the transport projects of Railways, Mass Transit Projects, and Metropolitan Transport Systems and it manufactures Propulsion system, Transformers, Microprocessor, Driver Display Unit, Inverters, etc. [5][6]