Hira Automobile Ltd
₹ 204
0.00%
22 Jun
- close price
About
Incorporated in 1989, Hira Automobiles Ltd
deals as the largest Maruti Suzuki dealership
of South Punjab.[1]
Key Points
- Market Cap ₹ 56.1 Cr.
- Current Price ₹ 204
- High / Low ₹ 490 / 204
- Stock P/E 280
- Book Value ₹ 53.5
- Dividend Yield 0.00 %
- ROCE 7.53 %
- ROE 1.37 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company's working capital requirements have reduced from 33.3 days to 24.1 days
Cons
- Stock is trading at 3.81 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 -7.83% over past five years.
- Company has a low return on equity of 4.02% over last 3 years.
- Earnings include an other income of Rs.2.13 Cr.
- Debtor days have increased from 46.5 to 60.2 days.
* 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
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 323 | 310 | 322 | 354 | 369 | 277 | 204 | 224 | 249 | 262 | 211 | 136 | |
| 316 | 302 | 314 | 345 | 358 | 269 | 196 | 215 | 239 | 252 | 201 | 130 | |
| Operating Profit | 7 | 8 | 8 | 10 | 11 | 8 | 9 | 10 | 10 | 10 | 10 | 6 |
| OPM % | 2% | 3% | 3% | 3% | 3% | 3% | 4% | 4% | 4% | 4% | 5% | 4% |
| 1 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Interest | 4 | 6 | 6 | 7 | 8 | 7 | 7 | 8 | 8 | 8 | 8 | 6 |
| Depreciation | 2 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 1 | 1 | 1 | 2 | -1 | 0 | 1 | 1 | 1 | 1 | 0 |
| Tax % | 34% | 44% | 37% | 67% | 19% | -59% | 17% | 14% | 26% | 44% | 20% | 38% |
| 1 | 1 | 1 | 0 | 1 | -0 | 0 | 1 | 1 | 1 | 1 | 0 | |
| EPS in Rs | 3.92 | 2.03 | 2.91 | 1.45 | 5.27 | -1.38 | 1.05 | 2.25 | 2.72 | 2.47 | 2.83 | 0.73 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | -8% |
| 3 Years: | -18% |
| TTM: | -36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -4% |
| 3 Years: | -31% |
| TTM: | -75% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 105% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 6 | 6 | 7 | 8 | 9 | 9 | 9 | 9 | 10 | 11 | 12 | 12 |
| 70 | 60 | 64 | 84 | 91 | 79 | 77 | 77 | 78 | 82 | 86 | 62 | |
| 18 | 14 | 12 | 7 | 7 | 7 | 7 | 5 | 5 | 5 | 5 | 8 | |
| Total Liabilities | 96 | 83 | 86 | 102 | 110 | 97 | 96 | 94 | 96 | 101 | 105 | 85 |
| 17 | 17 | 16 | 16 | 18 | 15 | 14 | 13 | 13 | 13 | 16 | 13 | |
| CWIP | 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 |
| 80 | 66 | 70 | 86 | 92 | 82 | 83 | 82 | 83 | 88 | 90 | 72 | |
| Total Assets | 96 | 83 | 86 | 102 | 110 | 97 | 96 | 94 | 96 | 101 | 105 | 85 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | 8 | 2 | -5 | 3 | 14 | 12 | 7 | 11 | 5 | 8 | 25 | |
| -2 | -2 | -0 | 2 | -4 | 2 | -0 | -0 | -2 | -1 | -4 | 2 | |
| 10 | -14 | -2 | -4 | -0 | -19 | -12 | -6 | -9 | -2 | -3 | -27 | |
| Net Cash Flow | 7 | -8 | 0 | -7 | -2 | -4 | 0 | -0 | 0 | 2 | 1 | 0 |
| Free Cash Flow | -2 | 6 | 2 | -5 | -1 | 15 | 12 | 6 | 9 | 5 | 6 | 26 |
| CFO/OP | -9% | 104% | 34% | -42% | 27% | 178% | 144% | 70% | 107% | 58% | 90% | 433% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 17 | 19 | 20 | 22 | 32 | 40 | 38 | 34 | 37 | 42 | 60 |
| Inventory Days | 50 | 53 | 50 | 52 | 53 | 63 | 85 | 76 | 74 | 71 | 87 | 59 |
| Days Payable | 8 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 1 | 2 | 1 |
| Cash Conversion Cycle | 58 | 68 | 68 | 70 | 74 | 93 | 122 | 113 | 106 | 107 | 128 | 119 |
| Working Capital Days | -6 | 6 | 12 | 8 | 8 | 21 | 47 | 47 | 41 | 38 | 38 | 24 |
| ROCE % | 9% | 9% | 10% | 10% | 9% | 6% | 8% | 10% | 10% | 10% | 9% | 8% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Operating Locations Number |
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| Number of Showrooms (Sales Outlets) Number |
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| Number of Workshops Number |
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| Number of Permanent Employees Number |
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| Number of Units Sold (Cars) Units |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Jun - The publication of results for the quarter ended 30-03-2026.
-
STANDALONE AUDITED FINANCIAL RESULTS
30 May - FY26 audited results approved on 30 May 2026; auditor highlighted going-concern risks, NPA and supply disruption.
-
Board Meeting Outcome for STANDALONE AUDITED FINANCIAL RESULTS
30 May - FY26 audited results approved; auditor flags going-concern issues, branch closures, lender NPA, and promoter holding ban.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Secretarial compliance report for FY2026 notes Rs.43.66 lakh fines for MPS and delayed results.
-
Board Meeting Intimation for Intimation Of Board Meeting
21 May - Board meeting on 30 May 2026 to consider audited financial results for FY ended 31 March 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2][3]
a) HAL is an authorised dealer of Maruti
Suzuki India Limited (MSIL)
b) It operates 12 showrooms (sales outlets)
and 11 workshops located across multiple locations in Punjab.
c) The company deals in diverse products
of passenger cars and used cars.
d) It also deals in pre-owned car sales and purchases.
e) The company also derives income from
after-sales service, sale of the spare parts, coupled with income in the form of performance
-based incentives and discounts from MSIL, etc.
f) The company helps in running the Maruti Driving School
g) The company is also carrying on the insurance of vehicles being sold as an agent of the Motor Insurance Companies