Hemang Resources Ltd

Hemang Resources Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Hemang Resources Ltd

₹ 33.2 -2.92%
26 Apr - close price
bhatiacoalindia.com BSE: 531178
About

Incorporated in 1993, Hemang Resources Limited is engaged in trading of all type of Coal, Stevedoring, Logistic services & Trading in land.

Key Points

Business Overview:[1]
Company (previously known as Bhatia Industries and Infrastructure Limited) is promoted by the Bhatia Group of Indore, and is involved in coal trading, where coal is imported from coalfields in Indonesia and South Africa and is sold to domestic companies. Company has been trading in coal as the main commodity, apart from commodities such as sand and soybean (which is now discontinued). Within the Bhatia Group, HRL is vested with the ‘stock and sale’ business with focus on catering to small corporate entities and dealers.

Website BSE
  • Market Cap ₹ 43.8 Cr.
  • Current Price ₹ 33.2
  • High / Low ₹ 49.4 / 29.6
  • Stock P/E
  • Book Value ₹ 9.90
  • Dividend Yield 0.00 %
  • ROCE 42.4 %
  • ROE 32.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 63.7%
  • Debtor days have improved from 28,343 to 70.8 days.
  • Promoter holding has increased by 3.58% over last quarter.
  • Company's working capital requirements have reduced from 11,668 days to 59.3 days

Cons

  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.182 Cr.
  • Company might be capitalizing the interest cost

* 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.06 0.04 0.00 0.00 12.75 53.08 68.81 86.72 11.46 38.07 24.46 5.37 0.38
5.46 0.25 0.19 10.78 6.20 33.05 63.90 83.67 10.64 36.87 36.21 7.92 1.43
Operating Profit -5.40 -0.21 -0.19 -10.78 6.55 20.03 4.91 3.05 0.82 1.20 -11.75 -2.55 -1.05
OPM % -9,000.00% -525.00% 51.37% 37.74% 7.14% 3.52% 7.16% 3.15% -48.04% -47.49% -276.32%
0.01 0.28 0.03 11.14 0.01 1.69 0.01 0.08 0.01 1.03 0.10 1.83 0.00
Interest 0.08 0.16 0.24 0.01 0.01 0.01 0.01 0.01 0.01 0.11 0.01 0.01 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -5.47 -0.09 -0.40 0.35 6.55 21.71 4.91 3.12 0.82 2.12 -11.66 -0.73 -1.05
Tax % 0.00% 1,666.67% 0.00% 0.00% 0.00% 39.98% 0.00% 0.00% 0.00% 169.34% 0.00% 0.00% 0.00%
-5.47 1.40 -0.41 0.35 6.55 13.03 4.91 3.12 0.82 -1.47 -11.66 -0.73 -1.05
EPS in Rs -4.14 1.06 -0.31 0.27 4.96 9.87 3.72 2.36 0.62 -1.11 -8.83 -0.55 -0.80
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 TTM
148 262 301 628 435 250 126 37 1 0 66 205 68
140 248 291 614 426 246 142 52 21 20 50 195 82
Operating Profit 9 15 10 14 9 4 -16 -14 -20 -20 16 10 -14
OPM % 6% 6% 3% 2% 2% 2% -13% -39% -1,459% -19,540% 24% 5% -21%
3 3 3 2 4 5 8 0 14 13 13 1 3
Interest 6 8 10 8 11 10 9 2 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 5 10 3 9 2 -1 -17 -16 -6 -7 28 11 -11
Tax % 36% 33% 37% 33% 28% 33% 31% 26% 23% 23% 31% 33%
3 6 2 6 1 -1 -12 -12 -5 -5 20 7 -15
EPS in Rs 2.32 4.89 1.58 4.36 0.98 -0.75 -8.98 -9.18 -3.64 -3.82 14.79 5.59 -11.29
Dividend Payout % 32% 15% 32% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -2%
5 Years: 10%
3 Years: 434%
TTM: -69%
Compounded Profit Growth
10 Years: 1%
5 Years: 21%
3 Years: 52%
TTM: -168%
Stock Price CAGR
10 Years: 15%
5 Years: 33%
3 Years: 76%
1 Year: -23%
Return on Equity
10 Years: 1%
5 Years: 9%
3 Years: 64%
Last Year: 32%

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 Sep 2023
Equity Capital 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 8 13 14 20 21 20 8 -4 -9 -14 6 13 1
Preference Capital 8 8 8 8 8 0 0 0 0 0 0 0
45 79 62 27 10 36 33 41 33 22 3 3 3
21 30 51 171 173 85 76 51 37 43 50 41 40
Total Liabilities 88 136 141 232 218 155 130 101 75 64 72 71 58
0 0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 1 1 1 0 0 0 0 0 0 0 0 0
88 135 140 231 218 155 129 101 74 64 72 70 57
Total Assets 88 136 141 232 218 155 130 101 75 64 72 71 58

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
-25 -19 35 26 19 -12 8 -16 9 11 16 -0
4 -5 7 -5 3 -5 4 10 -0 0 2 -0
10 29 -23 -42 -26 17 -12 6 -9 -11 -22 0
Net Cash Flow -11 5 19 -20 -4 -0 -0 0 0 0 -4 -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 43 119 93 98 131 132 187 492 7,879 84,753 206 71
Inventory Days 73 37 30 18 21 35 76 151 4,672 2,555 145 33
Days Payable 26 22 36 93 140 112 177 386 8,424 5,144 274 49
Cash Conversion Cycle 90 133 87 24 12 54 86 257 4,127 82,164 78 55
Working Capital Days 170 133 78 29 32 66 87 238 5,051 34,821 123 59
ROCE % 17% 18% 12% 19% 21% 14% -12% -27% -14% -21% 130% 42%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.65% 63.65% 63.65% 63.65% 63.65% 63.66% 63.66% 63.66% 63.66% 63.66% 63.66% 67.23%
36.35% 36.35% 36.35% 36.35% 36.35% 36.35% 36.35% 36.34% 36.33% 36.34% 36.34% 32.76%
No. of Shareholders 1,0451,0649811,1202,2492,8964,5875,9925,6575,3515,2165,450

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