Haldyn Glass Ltd
- Market Cap ₹ 783 Cr.
- Current Price ₹ 146
- High / Low ₹ 189 / 69.0
- Stock P/E 32.1
- Book Value ₹ 34.7
- Dividend Yield 0.48 %
- ROCE 17.6 %
- ROE 16.0 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 124% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 28.1%
- Company's working capital requirements have reduced from 86.0 days to 54.1 days
Cons
- Stock is trading at 4.19 times its book value
- Company has a low return on equity of 10.1% over last 3 years.
- Earnings include an other income of Rs.14.1 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: Glass & Glass Products Industry: Glass & Glass Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
141 | 172 | 166 | 223 | 229 | 178 | 213 | 320 | 288 | |
123 | 145 | 160 | 197 | 202 | 157 | 196 | 289 | 256 | |
Operating Profit | 18 | 27 | 7 | 26 | 28 | 21 | 16 | 31 | 32 |
OPM % | 13% | 16% | 4% | 12% | 12% | 12% | 8% | 10% | 11% |
2 | 3 | 5 | 1 | 2 | 5 | 6 | 12 | 14 | |
Interest | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 5 |
Depreciation | 8 | 11 | 11 | 11 | 13 | 10 | 7 | 8 | 14 |
Profit before tax | 11 | 17 | 0 | 16 | 15 | 14 | 14 | 33 | 28 |
Tax % | 38% | 37% | 355% | 22% | 32% | 30% | 18% | 18% | |
7 | 11 | -0 | 6 | 8 | 7 | 12 | 27 | 24 | |
EPS in Rs | 1.24 | 2.00 | -0.09 | 1.03 | 1.53 | 1.39 | 2.20 | 5.01 | 4.53 |
Dividend Payout % | 40% | 28% | -329% | 58% | 39% | 43% | 27% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 12% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 124% |
3 Years: | 42% |
TTM: | 4% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 36% |
3 Years: | 49% |
1 Year: | 79% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 10% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 115 | 128 | 125 | 128 | 133 | 139 | 148 | 172 | 181 |
18 | 2 | 3 | 8 | 2 | 6 | 12 | 47 | 97 | |
38 | 34 | 33 | 33 | 33 | 36 | 36 | 47 | 126 | |
Total Liabilities | 176 | 170 | 166 | 175 | 173 | 186 | 202 | 271 | 409 |
84 | 75 | 66 | 59 | 50 | 45 | 45 | 57 | 244 | |
CWIP | 21 | 1 | 1 | 0 | 0 | 0 | 1 | 23 | 1 |
Investments | 0 | 22 | 24 | 22 | 18 | 17 | 29 | 35 | 41 |
71 | 72 | 74 | 93 | 104 | 124 | 127 | 156 | 123 | |
Total Assets | 176 | 170 | 166 | 175 | 173 | 186 | 202 | 271 | 409 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
14 | 21 | 9 | 7 | 16 | 22 | 10 | 31 | |
-49 | -1 | -5 | -2 | 1 | -1 | -12 | -58 | |
9 | -21 | -3 | 3 | -10 | -2 | -1 | 30 | |
Net Cash Flow | -25 | -1 | 2 | 7 | 6 | 20 | -3 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 71 | 62 | 76 | 82 | 86 | 94 | 91 | 68 |
Inventory Days | 280 | 215 | 162 | 110 | 85 | 203 | 178 | 75 |
Days Payable | 101 | 44 | 70 | 59 | 66 | 118 | 98 | 96 |
Cash Conversion Cycle | 250 | 233 | 168 | 133 | 106 | 179 | 172 | 46 |
Working Capital Days | 87 | 90 | 96 | 85 | 87 | 101 | 103 | 54 |
ROCE % | 14% | 1% | 13% | 13% | 10% | 10% | 18% |
Documents
Announcements
- Board Meeting Outcome for Outcome Of The Board Meeting Held Today I.E. April 29, 2024 29 Apr
- Compliance Certificate Under Reg. 40 (10) For The Financial Year Ended March 31, 2024 11 Apr
- Intimation Regarding Completion Of Modification Work And Commencement Of Production 5 Apr
- Compliances-Compliance Certificate For The Period Ended March 31, 2024 5 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr
Annual reports
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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
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Financial Year 2009
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Products
The Co manufactures Vials for Pharmaceutical industry; Clear bottles for Liquour, Cosmetics and Food and beverages industries. All products come in different shapes and sizes. [1]
Manufacturing Capacity
The company has a total melting capacity 320 tons per day consisting of two Glass Melting Furnaces (220 + 100 tons per day capacity) and 10 I.S. machines. These I.S. machines have the capability of producing 1.5 million high quality containers every day. [2]
Clients
Some of the major clients of the co. are United spirits, AMUL, Parle Agro, Vadilal and many more. [3]
JV
The Company had entered into a Joint Venture Agreement with HEINZ GLAS International GmbH & Co. kGaA, for manufacture and marketing of clear glass containers for the cosmetics and perfumery industries in India and abroad. As of March 2022, the Co holds 56.80% stake in the JV. [4]