Hindoostan Mills Ltd

Hindoostan Mills Ltd

₹ 275 4.99%
24 May - 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

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

  • Market Cap 45.6 Cr.
  • Current Price 275
  • High / Low 411 / 199
  • Stock P/E 52.4
  • Book Value 572
  • Dividend Yield 0.00 %
  • ROCE 4.26 %
  • ROE 3.16 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.48 times its book value
  • Company is expected to give good quarter

Cons

  • Contingent liabilities of Rs.17.1 Cr.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2011 Sep 2011 Dec 2011 Mar 2012 Jun 2012 Sep 2012 Dec 2012 Mar 2013 Jun 2013 Sep 2013 Dec 2013 Mar 2014 Jun 2014
22.23 22.43 25.72 32.42 31.12 24.84 14.09 37.38 31.72 38.44 37.55 38.90 37.63
22.83 24.58 25.56 30.70 28.89 23.21 14.59 33.66 28.53 34.93 35.51 37.56 37.21
Operating Profit -0.60 -2.15 0.16 1.72 2.23 1.63 -0.50 3.72 3.19 3.51 2.04 1.34 0.42
OPM % -2.70% -9.59% 0.62% 5.31% 7.17% 6.56% -3.55% 9.95% 10.06% 9.13% 5.43% 3.44% 1.12%
2.10 0.41 0.00 0.80 0.21 0.72 0.74 0.35 0.35 0.42 0.30 0.67 0.26
Interest 0.03 0.00 0.00 0.04 0.03 0.01 0.03 0.01 0.00 0.05 0.09 0.00 0.16
Depreciation 0.71 1.02 1.25 1.25 1.22 1.01 1.07 1.60 1.65 1.66 1.69 1.50 2.12
Profit before tax 0.76 -2.76 -1.09 1.23 1.19 1.33 -0.86 2.46 1.89 2.22 0.56 0.51 -1.60
Tax % 26.32% 0.00% 0.00% -17.89% 20.17% 7.52% -9.30% 24.39% 26.46% 22.52% 17.86% -1.96% 0.00%
0.56 -2.76 -1.09 1.45 0.95 1.23 -0.94 1.86 1.39 1.72 0.46 0.52 -1.60
EPS in Rs 3.36 -16.58 -6.55 8.71 5.71 7.39 -5.65 11.17 8.35 10.33 2.76 3.12 -9.61
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2011 Mar 2012 Mar 2013 TTM
6 4 4 3 98 103 107 153
6 3 5 4 90 104 100 145
Operating Profit -0 0 -0 -1 9 -1 7 7
OPM % -6% 8% -3% -43% 9% -1% 7% 5%
3 2 3 3 3 3 2 2
Interest 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 2 4 5 7
Profit before tax 2 1 1 1 10 -2 4 2
Tax % 12% 36% 18% 5% 19% 1% 25%
2 1 1 1 8 -2 3 1
EPS in Rs 11.20 -11.05 18.62 6.60
Dividend Payout % 12% 26% 24% 30% 21% -45% 40%
Compounded Sales Growth
10 Years: %
5 Years: 89%
3 Years: %
TTM: 41%
Compounded Profit Growth
10 Years: %
5 Years: 20%
3 Years: %
TTM: -76%
Stock Price CAGR
10 Years: -5%
5 Years: -2%
3 Years: -2%
1 Year: 32%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2011 Mar 2012 Mar 2013 Mar 2014
Equity Capital 1 1 1 1 2 2 2 2
Reserves 21 21 22 23 93 90 91 94
4 3 6 2 0 1 0 0
4 4 4 4 16 16 16 22
Total Liabilities 29 29 33 29 110 109 109 117
6 6 5 5 28 46 55 53
CWIP 0 0 0 0 3 8 2 0
Investments 7 11 23 20 12 1 6 1
17 12 4 4 67 53 46 63
Total Assets 29 29 33 29 110 109 109 117

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2011 Mar 2012 Mar 2013
-0 4 1 0 -14 1 11
-5 6 -11 5 18 -14 -10
4 -1 2 -5 -0 -1 -2
Net Cash Flow -2 9 -9 -0 4 -13 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2011 Mar 2012 Mar 2013
Debtor Days 135 73 80 70 51 56 57
Inventory Days 116 193 243 400 118 103 108
Days Payable 120 271 319 248 25 33 24
Cash Conversion Cycle 130 -5 5 222 144 126 141
Working Capital Days 815 0 31 113 121 122 99
ROCE % 6% 7% 3% -3% 4%

Shareholding Pattern

Numbers in percentages

8 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
60.65% 60.65% 60.65% 60.65% 60.65% 60.64% 60.64% 60.64% 60.64% 60.47% 60.47% 60.47%
0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12%
39.23% 39.23% 39.23% 39.23% 39.23% 39.24% 39.23% 39.24% 39.24% 39.41% 39.40% 39.40%
No. of Shareholders 6,3386,2916,2806,1456,0395,9985,9435,8735,7505,7125,6415,442

* 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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