Him Teknoforge Ltd

Him Teknoforg. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Him Teknoforge Ltd

₹ 105 2.51%
02 Jun - close price
gagl.net BSE: 505712
About

Him Teknoforge Ltd., established in 1981, is the flagship company of Him Group. It manufacturers and supplies a wide variety of quality Forgings and Machined Components (Blanks & Finished Heat Treated) like Gears, Axles, Shafts, and repair kits in the tractor, automobile and engineering industry. [1]

Key Points

Products
They manufacture and supply gear boxes, Transmission & Engine Gears, Axle Shafts, Railway components, rubber parts, pins, propeller shaft components, wheel spanners, forklift parts, and many more.
After its merger with Gujarat Automotive & Gears Ltd., the company now has access to new clientele spread over international geographies and also expanded its product portfolio to more than 700 different components.[1][2]

Website BSE
  • Market Cap ₹ 82.5 Cr.
  • Current Price ₹ 105
  • High / Low ₹ 110 / 68.0
  • Stock P/E 7.29
  • Book Value ₹ 220
  • Dividend Yield 0.38 %
  • ROCE 10.5 %
  • ROE 6.74 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Stock is trading at 0.48 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 5.39% over last 3 years.
  • Promoters have pledged 57.2% 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.

Peer comparison

Sector: Auto Ancillaries Industry: Auto Ancillaries

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
49.80 25.59 57.55 70.74 85.01 83.61 97.92 81.01 89.11 100.44 113.47 97.03 95.52
44.89 23.24 49.97 61.38 75.75 74.54 88.50 74.25 82.47 90.96 104.07 88.87 86.03
Operating Profit 4.91 2.35 7.58 9.36 9.26 9.07 9.42 6.76 6.64 9.48 9.40 8.16 9.49
OPM % 9.86% 9.18% 13.17% 13.23% 10.89% 10.85% 9.62% 8.34% 7.45% 9.44% 8.28% 8.41% 9.94%
1.45 0.07 0.38 0.71 1.35 0.94 1.55 1.39 2.09 1.06 1.14 1.70 1.43
Interest 4.21 3.84 3.17 3.50 3.92 3.94 3.88 3.74 4.55 4.47 4.28 4.30 3.89
Depreciation 2.27 2.32 2.36 2.38 2.42 2.30 2.36 2.32 2.48 2.32 2.36 2.40 2.28
Profit before tax -0.12 -3.74 2.43 4.19 4.27 3.77 4.73 2.09 1.70 3.75 3.90 3.16 4.75
Tax % 16.67% -6.95% 9.88% 8.35% 27.40% 22.28% 34.25% 25.84% 27.65% 33.60% 28.72% 25.95% 35.16%
Net Profit -0.11 -4.00 2.19 3.85 3.10 2.92 3.11 1.55 1.24 2.49 2.78 2.34 3.08
EPS in Rs -0.14 -5.09 2.78 4.89 3.94 3.71 3.95 1.97 1.58 3.17 3.53 2.97 3.92
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
22 24 28 30 26 233 267 323 222 239 351 406
17 18 22 24 21 200 236 288 197 208 318 370
Operating Profit 5 6 6 6 5 33 31 34 25 31 34 37
OPM % 23% 24% 23% 20% 19% 14% 12% 11% 11% 13% 10% 9%
1 1 1 2 3 0 3 12 4 2 5 5
Interest 0 0 0 0 1 16 16 17 16 17 17 17
Depreciation 0 0 0 0 0 7 7 8 9 9 9 9
Profit before tax 5 6 7 7 6 10 11 21 5 7 12 16
Tax % 33% 33% 33% 33% 34% 30% 4% 13% 30% 28% 28% 31%
Net Profit 4 4 5 5 4 7 11 18 3 5 9 11
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
Dividend Payout % 49% 3% 2% 3% 3% 0% 3% 4% 5% 6% 4% 0%
Compounded Sales Growth
10 Years: 33%
5 Years: 9%
3 Years: 22%
TTM: 16%
Compounded Profit Growth
10 Years: 11%
5 Years: 2%
3 Years: 52%
TTM: 23%
Stock Price CAGR
10 Years: -5%
5 Years: -12%
3 Years: 43%
1 Year: 13%
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
0 0 0 0 0 2 2 2 2 2 2 2
Reserves 10 14 18 23 27 122 133 145 147 153 161 172
1 0 0 7 12 118 115 125 130 151 151 148
6 4 6 4 5 61 68 55 48 45 59 59
Total Liabilities 17 19 24 34 44 302 317 327 327 351 372 380
3 4 3 3 5 115 128 142 154 153 152 151
CWIP 0 0 0 0 0 15 9 8 1 0 1 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
14 15 21 31 39 172 180 178 172 197 219 229
Total Assets 17 19 24 34 44 302 317 327 327 351 372 380

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 26
-5 -1 -4 -8 -10 -21 -9 -19 -14 -8 -9
-2 -2 -0 6 4 17 -9 -6 -11 5 -17
Net Cash Flow -4 1 -0 0 0 -0 -0 -1 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

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
54.55 54.55 54.55 54.55 54.55 54.55 54.55 54.55 54.55 54.55 54.55 54.55
0.75 0.75 0.75 0.77 0.77 0.76 0.76 0.76 0.76 0.76 0.76 0.76
44.70 44.70 44.70 44.68 44.67 44.69 44.69 44.69 44.69 44.69 44.69 44.70

* 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.

Documents

Announcements

Annual reports

Credit ratings