Hindoostan Mills Ltd
₹ 267
3.83%
26 Apr
- close price
About
Incorporated in 1873, Hindoostan Mills Ltd is in the business of Manufacture and Sale of Fabric and Yarn and Refiling of Elastic Calendar Bowls[1]
Key Points
- Market Cap ₹ 44.3 Cr.
- Current Price ₹ 267
- High / Low ₹ 411 / 199
- Stock P/E 739
- Book Value ₹ 289
- Dividend Yield 0.00 %
- ROCE -15.4 %
- ROE -16.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.93 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.74% over past five years.
- Company has a low return on equity of -6.18% over last 3 years.
- Contingent liabilities of Rs.17.8 Cr.
- Earnings include an other income of Rs.5.57 Cr.
- Company's cost of borrowing seems high
* 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: Textiles Industry: Textiles - Products
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 102.72 | 106.44 | 146.67 | 153.78 | 159.26 | 155.19 | 156.57 | 162.44 | 141.08 | 65.25 | 103.74 | 99.09 | 96.23 | |
| 103.03 | 98.29 | 136.59 | 150.12 | 151.90 | 155.54 | 155.97 | 166.19 | 142.42 | 68.66 | 101.54 | 105.23 | 98.79 | |
| Operating Profit | -0.31 | 8.15 | 10.08 | 3.66 | 7.36 | -0.35 | 0.60 | -3.75 | -1.34 | -3.41 | 2.20 | -6.14 | -2.56 |
| OPM % | -0.30% | 7.66% | 6.87% | 2.38% | 4.62% | -0.23% | 0.38% | -2.31% | -0.95% | -5.23% | 2.12% | -6.20% | -2.66% |
| 3.31 | 2.05 | 1.74 | 1.52 | 5.70 | 1.99 | 2.28 | 2.48 | 2.29 | 26.33 | 2.64 | 3.68 | 5.57 | |
| Interest | 0.07 | 0.07 | 0.14 | 1.95 | 3.31 | 2.67 | 2.32 | 1.98 | 1.20 | 0.85 | 0.15 | 0.43 | 0.52 |
| Depreciation | 4.12 | 4.72 | 6.50 | 10.11 | 11.82 | 12.43 | 11.18 | 8.58 | 5.88 | 4.93 | 5.35 | 3.91 | 2.44 |
| Profit before tax | -1.19 | 5.41 | 5.18 | -6.88 | -2.07 | -13.46 | -10.62 | -11.83 | -6.13 | 17.14 | -0.66 | -6.80 | 0.05 |
| Tax % | 0.00% | 22.92% | 23.75% | 0.00% | -9.18% | 0.74% | 0.28% | 0.17% | 0.16% | 0.00% | -393.94% | 0.00% | |
| -1.19 | 4.17 | 3.95 | -6.89 | -2.25 | -13.36 | -10.59 | -11.81 | -6.11 | 17.14 | -3.26 | -6.80 | 0.06 | |
| EPS in Rs | -7.15 | 25.05 | 23.73 | -41.39 | -13.52 | -80.26 | -63.62 | -70.95 | -36.71 | 102.97 | -19.59 | -40.85 | 0.37 |
| Dividend Payout % | -69.75% | 29.86% | 42.03% | -9.64% | -33.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -9% |
| 3 Years: | -11% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | -18% |
| TTM: | 101% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 1% |
| 3 Years: | 3% |
| 1 Year: | 24% |
| Return on Equity | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -11% |
| 3 Years: | -6% |
| Last Year: | -17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 |
| Reserves | 90.58 | 93.30 | 93.38 | 85.11 | 81.95 | 68.58 | 57.81 | 46.08 | 40.08 | 57.10 | 53.94 | 47.18 | 46.38 |
| 0.90 | 0.00 | 0.00 | 30.54 | 26.80 | 22.14 | 16.95 | 12.18 | 9.09 | 0.00 | 2.35 | 1.95 | 1.73 | |
| 16.26 | 15.77 | 21.84 | 24.68 | 26.68 | 30.62 | 36.40 | 36.79 | 38.32 | 23.07 | 25.88 | 25.06 | 27.06 | |
| Total Liabilities | 109.40 | 110.73 | 116.88 | 141.99 | 137.09 | 123.00 | 112.82 | 96.71 | 89.15 | 81.83 | 83.83 | 75.85 | 76.83 |
| 44.02 | 50.61 | 52.60 | 72.61 | 64.11 | 58.47 | 47.23 | 30.41 | 26.62 | 22.48 | 20.35 | 16.86 | 16.12 | |
| CWIP | 8.16 | 0.66 | 0.47 | 2.65 | 4.26 | 0.02 | 0.01 | 0.00 | 0.60 | 0.00 | 0.05 | 0.30 | 0.32 |
| Investments | 1.10 | 5.88 | 0.81 | 3.33 | 3.36 | 0.62 | 0.67 | 0.01 | 0.01 | 5.67 | 12.74 | 11.34 | 14.21 |
| 56.12 | 53.58 | 63.00 | 63.40 | 65.36 | 63.89 | 64.91 | 66.29 | 61.92 | 53.68 | 50.69 | 47.35 | 46.18 | |
| Total Assets | 109.40 | 110.73 | 116.88 | 141.99 | 137.09 | 123.00 | 112.82 | 96.71 | 89.15 | 81.83 | 83.83 | 75.85 | 76.83 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.18 | 13.55 | -1.88 | 6.16 | 10.03 | 5.14 | 7.32 | 5.83 | 3.24 | 2.90 | 1.69 | -4.41 | |
| -12.92 | -6.50 | 4.26 | -33.91 | -1.01 | 1.48 | 0.15 | 0.96 | 0.89 | 9.27 | 2.16 | 2.91 | |
| -2.25 | -8.17 | -1.57 | 26.88 | -7.84 | -7.71 | -7.45 | -6.83 | -4.51 | -9.94 | -0.17 | -0.60 | |
| Net Cash Flow | -12.99 | -1.12 | 0.81 | -0.88 | 1.18 | -1.08 | 0.02 | -0.05 | -0.38 | 2.23 | 3.68 | -2.10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 56.25 | 56.27 | 54.67 | 63.80 | 59.59 | 67.52 | 71.36 | 68.96 | 73.06 | 76.86 | 43.70 | 46.96 |
| Inventory Days | 102.20 | 104.11 | 109.59 | 90.19 | 103.87 | 79.45 | 78.47 | 71.06 | 82.90 | 149.68 | 127.73 | 87.22 |
| Days Payable | 33.18 | 23.71 | 35.62 | 40.40 | 44.00 | 49.01 | 69.90 | 71.22 | 86.33 | 105.43 | 63.87 | 58.09 |
| Cash Conversion Cycle | 125.27 | 136.67 | 128.64 | 113.59 | 119.46 | 97.97 | 79.93 | 68.80 | 69.62 | 121.10 | 107.56 | 76.09 |
| Working Capital Days | 134.14 | 130.17 | 97.73 | 81.41 | 74.58 | 69.90 | 58.26 | 64.96 | 69.70 | 111.09 | 76.56 | 73.52 |
| ROCE % | -2.68% | 5.55% | 5.03% | -5.08% | -1.07% | -10.02% | -9.81% | -14.76% | -8.92% | 8.01% | -3.12% | -15.45% |
Documents
Announcements
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Compliance Certificate Pursuant To Reg. 40(9) Of SEBI (LODR) Regulation 2015
12 Apr - Compliance certificate issued pursuant to Reg. 40(9) of SEBI (LODR) Regulations, 2015, for the year ended March 31, 2024.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10 Apr
- Compliance Certificate Under Reg. 7(3) Of SEBI (LODR) Reg. 2015 For The Year Ended March 31, 2024. 8 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate received from the Company''s RTA as per Reg. 74(5) of SEBI (DP) Regulations, 2018
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 1 Apr
Annual reports
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Financial Year 2023
from bse
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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
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Financial Year 2009
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Product Profile:
A) Textile:[1] 86% of FY22 revenue
Open-end yarns from 4’s to 30’s count in Cotton
Greige Fabrics and weaves which are exported to Europe, USA, South America, Korea, Thailand, and other Far East countries Processed Fabrics used in shirting, bottom wear, industrial and work wear, and also wider width fabrics used for home furnishing and bed sheets.
B) Engineering[2] 14% of FY22 revenue
ECK Haubold & Laxmi is the engineering division of Hindoostan Mills Limited, specializing in the manufacture and supply of calendar bowls, calendaring machines, squeeze rolls, and related products including Cotton Roll, Comber Rolls, Polyamide Roll, Wool Paper Roll, Hard Chrome Roll, Laxmi Helextra Roll, ECK NCCM Roll, Wiper Bar, Flax Paper Roll, Design Roll, etc. for the textile, paper, and steel industry