Him Teknoforge Ltd

Him Teknoforge Ltd

₹ 144 -2.01%
04 Mar 4:01 p.m.
About

Incorporated in 1973, Him Teknoforge Ltd does manufacturing, sales, distribution and marketing of automotive, nonautomotive and enigineering components[1]

Key Points

Business Overview:[1][2]
Company is a manufacturer of Auto and Tractor components which it markets under the brand name *KAG*. These components serve aftermarket and OEM's in India. Company has capablity of manufacturing transmission gear for various application and heat treatment

  • Market Cap 113 Cr.
  • Current Price 144
  • High / Low 212 / 73.0
  • Stock P/E 17.4
  • Book Value 223
  • Dividend Yield 0.28 %
  • ROCE 11.1 %
  • ROE 6.98 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.65 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 5.46% over last 3 years.
  • Promoters have pledged 58.2% of their holding.

* 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.

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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
70.74 85.01 83.61 97.92 81.01 89.11 100.44 113.47 97.03 95.52 98.46 95.27 80.79
61.38 75.75 74.54 88.50 74.25 82.47 90.96 104.07 88.87 86.03 90.60 86.55 73.61
Operating Profit 9.36 9.26 9.07 9.42 6.76 6.64 9.48 9.40 8.16 9.49 7.86 8.72 7.18
OPM % 13.23% 10.89% 10.85% 9.62% 8.34% 7.45% 9.44% 8.28% 8.41% 9.94% 7.98% 9.15% 8.89%
0.71 1.35 0.94 1.55 1.39 2.09 1.06 1.14 1.47 1.43 0.65 0.48 0.58
Interest 3.50 3.92 3.94 3.88 3.74 4.55 4.47 4.28 4.07 3.89 4.17 4.76 4.53
Depreciation 2.38 2.42 2.30 2.36 2.32 2.48 2.32 2.36 2.40 2.28 2.31 2.36 2.46
Profit before tax 4.19 4.27 3.77 4.73 2.09 1.70 3.75 3.90 3.16 4.75 2.03 2.08 0.77
Tax % 8.35% 27.40% 22.28% 34.25% 25.84% 27.65% 33.60% 28.72% 25.95% 35.16% 29.56% 29.81% 31.17%
3.85 3.10 2.92 3.11 1.55 1.24 2.49 2.78 2.34 3.08 1.42 1.45 0.54
EPS in Rs 4.89 3.94 3.71 3.95 1.97 1.58 3.17 3.53 2.97 3.92 1.81 1.84 0.69
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
22 24 28 30 26 233 267 323 222 239 351 405 370
17 18 22 24 21 200 236 288 197 208 318 367 337
Operating Profit 5 6 6 6 5 33 31 34 25 31 34 38 33
OPM % 23% 24% 23% 20% 19% 14% 12% 11% 11% 13% 10% 9% 9%
1 1 1 2 3 0 3 12 4 2 5 5 3
Interest 0 0 0 0 1 16 16 17 16 17 17 18 17
Depreciation 0 0 0 0 0 7 7 8 9 9 9 9 9
Profit before tax 5 6 7 7 6 10 11 21 5 7 12 16 10
Tax % 33% 33% 33% 33% 34% 30% 4% 13% 30% 28% 28% 31%
4 4 5 5 4 7 11 18 3 5 9 11 6
EPS in Rs 19.94 22.67 26.57 27.14 23.43 40.86 13.37 23.26 4.13 6.53 11.23 13.58 8.26
Dividend Payout % 49% 3% 2% 3% 3% -0% 3% 4% 5% 6% 4% 3%
Compounded Sales Growth
10 Years: 33%
5 Years: 9%
3 Years: 22%
TTM: -8%
Compounded Profit Growth
10 Years: 11%
5 Years: 2%
3 Years: 54%
TTM: -32%
Stock Price CAGR
10 Years: -4%
5 Years: -2%
3 Years: 16%
1 Year: 81%
Return on Equity
10 Years: 7%
5 Years: 5%
3 Years: 5%
Last Year: 7%

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 0 0 0 0 0 2 2 2 2 2 2 2 2
Reserves 10 14 18 23 27 122 133 145 147 153 161 172 174
1 0 -0 7 12 118 115 125 130 151 151 148 148
6 4 6 4 5 61 68 55 48 45 59 59 79
Total Liabilities 17 19 24 34 44 302 317 327 327 351 372 380 402
3 4 3 3 5 115 128 142 154 153 152 151 156
CWIP 0 -0 0 -0 -0 15 9 8 1 0 1 0 13
Investments -0 -0 -0 -0 -0 0 0 0 -0 0 0 0 0
14 15 21 31 39 172 180 178 172 197 219 229 234
Total Assets 17 19 24 34 44 302 317 327 327 351 372 380 402

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
3 4 4 2 6 3 18 25 25 3 19 29
-5 -1 -4 -8 -10 -21 -9 -19 -14 -8 -9 -16
-2 -2 -0 6 4 17 -9 -6 -11 5 -11 -13
Net Cash Flow -4 1 -0 0 0 -0 -0 -1 0 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 51 62 66 56 57 62 52 38 45 70 63 48
Inventory Days 142 88 73 88 92 329 297 255 402 409 267 234
Days Payable 104 92 106 69 96 147 139 85 111 92 76 60
Cash Conversion Cycle 90 57 33 76 52 245 210 207 336 387 254 222
Working Capital Days 23 47 43 62 49 131 119 113 178 227 166 147
ROCE % 56% 49% 45% 31% 22% 19% 11% 12% 8% 8% 10% 11%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
54.55% 54.55% 54.55% 54.55% 54.55% 54.55% 54.55% 54.55% 54.55% 54.55% 53.61% 53.61%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.57%
0.77% 0.77% 0.76% 0.76% 0.76% 0.76% 0.76% 0.76% 0.76% 0.76% 0.00% 0.00%
44.68% 44.67% 44.69% 44.69% 44.69% 44.69% 44.69% 44.69% 44.70% 44.69% 46.38% 45.81%
No. of Shareholders 2,8343,0022,9933,3953,8503,8603,9483,9673,9404,0664,6486,583

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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