Hira Automobile Ltd
Incorporated in 1989, Hira Automobiles Ltd
deals as the largest Maruti Suzuki dealership
of South Punjab.[1]
- Market Cap ₹ 53.1 Cr.
- Current Price ₹ 193
- High / Low ₹ 432 / 193
- Stock P/E
- Book Value ₹ 53.5
- Dividend Yield 0.00 %
- ROCE 7.41 %
- ROE 1.23 %
- 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 3.61 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 3.98% over last 3 years.
- 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
Services Services Commercial Services & Supplies Trading & Distributors
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 323 | 310 | 322 | 354 | 369 | 277 | 204 | 224 | 249 | 262 | 211 | 136 | 120 | |
| 316 | 302 | 314 | 345 | 358 | 269 | 196 | 215 | 239 | 252 | 201 | 130 | 114 | |
| Operating Profit | 7 | 8 | 8 | 10 | 11 | 8 | 9 | 10 | 10 | 10 | 10 | 6 | 6 |
| OPM % | 2.1% | 2.5% | 2.6% | 2.8% | 3.0% | 2.7% | 4.2% | 4.3% | 4.0% | 3.9% | 4.6% | 4.3% | 5% |
| 1 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | |
| Interest | 4 | 6 | 6 | 7 | 8 | 7 | 7 | 8 | 8 | 8 | 8 | 6 | 6 |
| Depreciation | 2 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 1 | 1 | 1 | 2 | -1 | 0 | 1 | 1 | 1 | 1 | 0 | -1 |
| 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 | -1 | |
| 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 | -4.46 |
| 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: | -33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -6% |
| 3 Years: | -33% |
| TTM: | -271% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -56% |
| 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 | 65 | |
| 18 | 14 | 12 | 7 | 7 | 7 | 7 | 5 | 5 | 5 | 5 | 5 | |
| 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% | 7% |
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 Permanent Employees count |
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| Number of Showrooms (Sales Outlets) count |
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| Vehicle Sales Volume units |
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Extracted by Screener AI
Documents
Announcements
- Reg. 34 (1) Annual Report.
-
BOOK CLOSURE FOR THE PURPOSE OF ANNUAL GENERAL METING
- Book closure from 29-30 September 2026 for AGM on 30 September 2026.
-
CUT OFF DATE FOR E-VOTING
- 23 September 2026 fixed as e-voting cutoff date for AGM on 30 September 2026.
-
NOTICE OF ANNUAL GENERAL MEETING
- 37th AGM on 30 Sep 2026 to adopt accounts, appoint directors, ratify auditors, and consider asset sale for debt reduction.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Two independent directors resigned and two were appointed on 31-08-2026; board committees updated.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
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