Hira Automobile Ltd
Incorporated in 1989, Hira Automobiles Ltd
deals in the purchase and sale of Maruti Suzuki's motor vehicles, spare parts, and service of its vehicles in Punjab[1]
- Market Cap ₹ 63.9 Cr.
- Current Price ₹ 232
- High / Low ₹ 232 / 67.8
- Stock P/E 81.9
- Book Value ₹ 52.5
- Dividend Yield 0.00 %
- ROCE 9.65 %
- ROE 5.10 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.42 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.63% over past five years.
- Company has a low return on equity of 4.97% over last 3 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
Services Services Commercial Services & Supplies Trading & Distributors
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
264 | 305 | 323 | 310 | 322 | 354 | 369 | 277 | 204 | 224 | 249 | 262 | 211 | |
260 | 300 | 316 | 302 | 314 | 345 | 358 | 269 | 196 | 215 | 239 | 252 | 201 | |
Operating Profit | 4 | 5 | 7 | 8 | 8 | 10 | 11 | 8 | 9 | 10 | 10 | 10 | 10 |
OPM % | 2% | 2% | 2% | 3% | 3% | 3% | 3% | 3% | 4% | 4% | 4% | 4% | 5% |
1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | |
Interest | 3 | 3 | 4 | 6 | 6 | 7 | 8 | 7 | 7 | 8 | 8 | 8 | 8 |
Depreciation | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 1 | 2 | 2 | 1 | 1 | 1 | 2 | -1 | 0 | 1 | 1 | 1 | 1 |
Tax % | 31% | 35% | 34% | 44% | 37% | 67% | 19% | -59% | 17% | 14% | 26% | 44% | |
1 | 1 | 1 | 1 | 1 | 0 | 1 | -0 | 0 | 1 | 1 | 1 | 1 | |
EPS in Rs | 3.16 | 3.56 | 3.92 | 2.03 | 2.91 | 1.45 | 5.27 | -1.38 | 1.05 | 2.25 | 2.72 | 2.47 | 2.82 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -7% |
3 Years: | 9% |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | -8% |
3 Years: | 40% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 164% |
1 Year: | 260% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 2% |
3 Years: | 5% |
Last Year: | 5% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 4 | 5 | 6 | 6 | 7 | 8 | 9 | 9 | 9 | 9 | 10 | 11 | 11 |
48 | 45 | 70 | 60 | 64 | 84 | 91 | 79 | 77 | 77 | 78 | 82 | 77 | |
27 | 33 | 18 | 14 | 12 | 7 | 7 | 7 | 7 | 5 | 5 | 5 | 10 | |
Total Liabilities | 81 | 85 | 96 | 83 | 86 | 102 | 110 | 97 | 96 | 94 | 96 | 101 | 100 |
14 | 17 | 17 | 17 | 16 | 16 | 18 | 15 | 14 | 13 | 13 | 13 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
67 | 68 | 80 | 66 | 70 | 86 | 92 | 82 | 83 | 82 | 83 | 88 | 88 | |
Total Assets | 81 | 85 | 96 | 83 | 86 | 102 | 110 | 97 | 96 | 94 | 96 | 101 | 100 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-25 | 11 | -1 | 8 | 2 | -5 | 3 | 14 | 12 | 7 | 11 | 5 | |
-4 | -2 | -2 | -2 | -0 | 2 | -4 | 2 | -0 | -0 | -2 | -1 | |
29 | -10 | 10 | -14 | -2 | -4 | -0 | -19 | -12 | -6 | -9 | -2 | |
Net Cash Flow | -0 | -0 | 7 | -8 | 0 | -7 | -2 | -4 | 0 | -0 | 0 | 2 |
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 | 13 | 18 | 16 | 17 | 19 | 20 | 22 | 32 | 40 | 38 | 34 | 37 |
Inventory Days | 66 | 53 | 50 | 53 | 50 | 52 | 53 | 63 | 85 | 76 | 74 | 71 |
Days Payable | 2 | 12 | 8 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 1 |
Cash Conversion Cycle | 78 | 59 | 58 | 68 | 68 | 70 | 74 | 93 | 122 | 113 | 106 | 107 |
Working Capital Days | 73 | 55 | 61 | 64 | 68 | 76 | 80 | 99 | 127 | 120 | 108 | 109 |
ROCE % | 9% | 9% | 9% | 9% | 10% | 10% | 9% | 6% | 8% | 10% | 10% | 10% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Jun - Publication of results for quarter ended 31-03-2025.
-
OUTCOME OF BOARD MEETING
INTEGRATED FILING FINANCIALS
FOR THE QUARTER AND FINANCIAL YEAR ENDED ON 31-03-2025
30 May - Hira Automobiles reports FY25 audited profit Rs. 97.11L on revenue Rs. 21,150.58L; unmodified audit opinion.
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING
INTEGRATED FILING FINANCIALS
FOR THE QUARTER AND FINANCIAL YEAR ENDED ON 31-03-2025
30 May - Hira Automobiles reports FY25 audited profit Rs.97.11L, revenue Rs.21,120.64L; unmodified audit opinion.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Company fined Rs.43.07L for not maintaining 25% public shareholding; compliance report submitted.
-
Board Meeting Intimation for To Consider, Inter Alia, Audited Financial Results Of The Company For The Quarter And The Financial Year Ended On 31St March, 2025.
21 May - Board meeting on May 30, 2025, to consider audited financial results for FY 2024-25.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1][2]
Company is an authorized dealer of Maruti
Suzuki India Limited and is engaged in selling
and providing after-sale services for all its Brands.
It is also carrying on the insurance of vehicles being sold at its showroom and runs a Maruti Driving School. The company operates 12 showrooms (sales outlets) and 11 workshops for Sales, Service, Spares, Insurance, Accessories, and used cars located at Patiala, Rajpura, Muktsar, Nabha, Patran, Devigarh, Malout, Gidderbaha, and Bhadson, etc.