Hindustan Hardy Ltd
Incorporated in 1982, Hindustan Hardy Ltd is
in the business of designing and manufacturing
of Propeller Shafts and other accessories[1]
- Market Cap ₹ 103 Cr.
- Current Price ₹ 690
- High / Low ₹ 927 / 380
- Stock P/E 25.5
- Book Value ₹ 155
- Dividend Yield 0.36 %
- ROCE 27.6 %
- ROE 23.3 %
- Face Value ₹ 10.0
Pros
Cons
- The company has delivered a poor sales growth of 7.80% over past five 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: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
55.15 | 48.49 | 52.34 | 55.14 | 36.84 | 37.90 | 46.58 | 39.09 | 44.60 | 62.56 | 63.08 | 67.81 | 67.97 | |
52.20 | 46.22 | 51.33 | 53.10 | 36.21 | 36.87 | 44.00 | 38.30 | 39.45 | 56.66 | 57.11 | 60.24 | 61.50 | |
Operating Profit | 2.95 | 2.27 | 1.01 | 2.04 | 0.63 | 1.03 | 2.58 | 0.79 | 5.15 | 5.90 | 5.97 | 7.57 | 6.47 |
OPM % | 5.35% | 4.68% | 1.93% | 3.70% | 1.71% | 2.72% | 5.54% | 2.02% | 11.55% | 9.43% | 9.46% | 11.16% | 9.52% |
0.13 | 1.16 | 0.19 | 0.70 | 0.30 | 1.05 | 0.05 | 0.27 | 0.05 | 0.15 | 0.59 | 0.25 | 0.23 | |
Interest | 0.99 | 1.01 | 0.89 | 1.03 | 0.87 | 0.49 | 0.36 | 0.31 | 0.19 | 0.32 | 0.41 | 0.24 | 0.21 |
Depreciation | 0.74 | 0.85 | 2.45 | 1.04 | 0.89 | 0.67 | 0.56 | 0.62 | 0.60 | 0.70 | 0.90 | 0.98 | 1.00 |
Profit before tax | 1.35 | 1.57 | -2.14 | 0.67 | -0.83 | 0.92 | 1.71 | 0.13 | 4.41 | 5.03 | 5.25 | 6.60 | 5.49 |
Tax % | 34.07% | 46.50% | -26.17% | 16.42% | -6.02% | 1.09% | 77.19% | 76.92% | 27.66% | 26.64% | 27.05% | 26.21% | |
0.88 | 0.84 | -1.57 | 0.56 | -0.78 | 0.91 | 0.39 | 0.03 | 3.18 | 3.68 | 3.84 | 4.87 | 4.05 | |
EPS in Rs | 5.87 | 5.61 | -10.48 | 3.74 | -5.21 | 6.07 | 2.60 | 0.20 | 21.22 | 24.56 | 25.63 | 32.50 | 27.03 |
Dividend Payout % | 51.14% | 53.57% | 0.00% | 13.39% | 0.00% | 0.00% | 46.15% | 0.00% | 9.43% | 8.15% | 8.59% | 7.70% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 8% |
3 Years: | 15% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 66% |
3 Years: | 15% |
TTM: | -19% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 58% |
3 Years: | 41% |
1 Year: | 30% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 22% |
3 Years: | 24% |
Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 |
Reserves | 7.82 | 8.14 | 6.35 | 6.82 | 5.85 | 6.66 | 7.15 | 6.95 | 10.01 | 13.46 | 17.04 | 21.80 |
6.17 | 7.29 | 7.12 | 6.21 | 5.22 | 4.04 | 5.00 | 3.60 | 3.60 | 6.46 | 3.84 | 4.09 | |
15.77 | 13.26 | 12.25 | 14.48 | 10.45 | 12.13 | 12.39 | 11.01 | 15.05 | 11.91 | 13.59 | 15.25 | |
Total Liabilities | 31.26 | 30.19 | 27.22 | 29.01 | 23.02 | 24.33 | 26.04 | 23.06 | 30.16 | 33.33 | 35.97 | 42.64 |
8.82 | 8.41 | 6.35 | 5.99 | 3.75 | 3.97 | 4.29 | 4.79 | 4.63 | 6.69 | 6.85 | 6.66 | |
CWIP | 0.01 | 0.03 | 0.61 | 0.29 | 0.68 | 0.26 | 0.44 | 0.38 | 0.65 | 0.18 | 0.16 | 3.68 |
Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
22.42 | 21.74 | 20.25 | 22.72 | 18.58 | 20.10 | 21.31 | 17.89 | 24.88 | 26.46 | 28.96 | 32.30 | |
Total Assets | 31.26 | 30.19 | 27.22 | 29.01 | 23.02 | 24.33 | 26.04 | 23.06 | 30.16 | 33.33 | 35.97 | 42.64 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.00 | 1.19 | 2.36 | 2.56 | 1.06 | 2.02 | 0.37 | 3.59 | 1.67 | 0.76 | 5.02 | 6.39 | |
-2.29 | -0.39 | -1.18 | -1.45 | 0.98 | -0.41 | -1.05 | -1.73 | -0.91 | -2.25 | -0.97 | -4.34 | |
0.41 | -0.41 | -1.58 | -1.25 | -1.86 | -1.67 | 0.61 | -1.85 | -0.15 | 2.33 | -3.32 | -0.23 | |
Net Cash Flow | 0.12 | 0.39 | -0.40 | -0.14 | 0.17 | -0.06 | -0.07 | 0.01 | 0.61 | 0.84 | 0.73 | 1.82 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 67.77 | 77.46 | 73.92 | 74.93 | 89.37 | 116.53 | 104.38 | 94.40 | 139.62 | 111.38 | 113.12 | 109.16 |
Inventory Days | 73.95 | 69.75 | 56.26 | 54.73 | 65.72 | 76.20 | 76.91 | 96.27 | 86.82 | 51.60 | 65.12 | 68.69 |
Days Payable | 140.47 | 120.62 | 117.05 | 133.17 | 133.49 | 154.83 | 123.82 | 138.47 | 167.95 | 102.77 | 113.02 | 110.41 |
Cash Conversion Cycle | 1.25 | 26.59 | 13.12 | -3.51 | 21.60 | 37.90 | 57.46 | 52.20 | 58.49 | 60.21 | 65.22 | 67.44 |
Working Capital Days | 16.94 | 30.41 | 27.34 | 20.98 | 28.34 | 44.40 | 49.84 | 45.66 | 63.34 | 71.88 | 71.92 | 65.08 |
ROCE % | 16.72% | 15.92% | -7.84% | 11.53% | 0.30% | 11.30% | 16.02% | 3.58% | 33.80% | 29.07% | 25.53% | 27.57% |
Documents
Announcements
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Clarification Sought On Price Movement.
16 Oct - Clarification on price movement requested by stock exchange.
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Clarification sought from Hindustan Hardy Ltd
15 Oct - Exchange has sought clarification from Hindustan Hardy Ltd on October 14, 2024 with reference to significant movement in price, in order to ensure that investors …
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Board Meeting Intimation for Board Meeting To Consider And Approve Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2024.
14 Oct - Board meeting to approve Q2 financial results.
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Closure of Trading Window
29 Sep - Trading window closed from October 1, 2024.
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Announcement under Regulation 30 (LODR)-Change in Management
20 Sep - Voting results and outcomes of 42nd AGM disclosed.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Product Profile:
a) Propeller Shafts:[1]
Company manufactures drive shafts for automotive, agricultural, off-highway and industrial applications with torque requirements ranging from 1000Nm to 15000Nm
b) Double Cardan Shafts:[2]
These are used in the automotive, agricultural and construction sectors. Company supplies standard (male) shafts or with integrated pinion (sun gear) which can withstand torque up to 2300Nm
c) Universal Joints:[3]
Universal joints are the weakest link in driveshaft design and therefore their durability is of high importance in vehicle performance. Company manufactures universal joint kits with torque capacities ranging from 1000 Nm to 15000 Nm
d) Components:[4]
Company offer an array of stand-alone components and sub-assemblies and products including flange yokes, slip yoke assemblies, agricultural yokes, steering joints and center bearings