Hind Aluminium Industries Ltd

Hind Aluminium Industries Ltd

₹ 56.5 1.99%
23 Apr - close price
About

Incorporated in 1993, Hind Aluminum Industries Limited is engaged in manufacturing of Wire Rods & Conductors. Company is also in business of mining & power generation.

Key Points

Product Portfolio:[1]
a) Alloy Wire Rods[2]
b) EC Wire Rods[3]
c) Flipped Wire Rods [4]
d) Aluminum Conductors [5]
e) Wind Power [6]
f) Solar Power [7]

  • Market Cap 35.6 Cr.
  • Current Price 56.5
  • High / Low 71.9 / 31.0
  • Stock P/E 3.04
  • Book Value 132
  • Dividend Yield 0.00 %
  • ROCE -16.7 %
  • ROE -3.69 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.43 times its book value

Cons

  • The company has delivered a poor sales growth of -66.2% over past five years.
  • Company has a low return on equity of -9.50% over last 3 years.
  • Earnings include an other income of Rs.32.8 Cr.
  • Company has high debtors of 172 days.
  • Working capital days have increased from 686 days to 1,529 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
13.54 9.04 12.86 8.00 2.19 1.25 1.85 1.41 0.27 -0.43 0.38 0.48 0.14
16.69 11.86 12.30 6.18 3.70 4.36 3.98 1.44 2.71 10.57 0.82 13.54 0.48
Operating Profit -3.15 -2.82 0.56 1.82 -1.51 -3.11 -2.13 -0.03 -2.44 -11.00 -0.44 -13.06 -0.34
OPM % -23.26% -31.19% 4.35% 22.75% -68.95% -248.80% -115.14% -2.13% -903.70% -115.79% -2,720.83% -242.86%
-0.13 0.58 1.62 1.24 1.08 1.96 7.96 5.97 4.44 4.13 7.63 12.86 8.20
Interest 1.82 1.78 0.73 1.97 -0.10 3.01 0.32 0.37 -0.10 0.19 0.01 0.01 0.03
Depreciation 0.76 0.70 0.76 0.77 0.45 0.18 0.37 0.38 0.38 0.26 0.30 0.07 0.08
Profit before tax -5.86 -4.72 0.69 0.32 -0.78 -4.34 5.14 5.19 1.72 -7.32 6.88 -0.28 7.75
Tax % 17.41% 20.97% 4.35% 62.50% 143.59% -2.53% 23.54% 19.08% 28.49% 43.17% 19.62% 1,507.14% 20.90%
-4.84 -3.73 0.66 0.12 0.34 -4.45 3.93 4.20 1.23 -4.16 5.53 3.94 6.13
EPS in Rs -6.81 -4.84 1.37 1.05 1.25 -5.03 6.75 6.78 3.19 -6.02 8.95 6.10 9.73
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
498 706 555 398 96 24 3 1
480 678 542 402 104 27 19 25
Operating Profit 18 27 14 -3 -8 -2 -16 -25
OPM % 4% 4% 2% -1% -9% -9% -504% -4,358%
1 4 4 4 1 1 13 33
Interest 8 15 14 11 9 6 1 0
Depreciation 3 4 4 4 3 2 1 1
Profit before tax 8 13 0 -14 -19 -9 -5 7
Tax % 25% 34% 151% 25% 24% 9% 10%
5 9 2 -11 -15 -3 5 11
EPS in Rs 8.43 13.65 6.00 -13.56 -22.55 -1.35 10.70 18.76
Dividend Payout % 19% 12% 8% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -66%
3 Years: -80%
TTM: -88%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 20%
TTM: 89%
Stock Price CAGR
10 Years: 3%
5 Years: -5%
3 Years: 17%
1 Year: 49%
Return on Equity
10 Years: %
5 Years: -7%
3 Years: -10%
Last Year: -4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 6 6 6 6 6 6 6 6
Reserves 70 77 75 65 51 51 59 77
93 137 90 103 33 22 2 0
48 56 34 15 6 0 -1 1
Total Liabilities 216 277 204 189 96 79 67 84
26 30 27 24 21 19 16 5
CWIP 0 0 0 0 0 0 0 0
Investments 10 11 14 15 17 18 25 48
180 236 164 151 59 43 26 31
Total Assets 216 277 204 189 96 79 67 84

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
17 -39 63 19 71 13 -0
-22 12 -2 -12 -0 4 22
-1 28 -63 4 -80 -17 -20
Net Cash Flow -5 1 -2 10 -10 -1 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 61 83 52 64 44 114 172
Inventory Days 38 26 42 34 53 128 433
Days Payable 25 24 19 6 2 108 1,238
Cash Conversion Cycle 74 85 76 92 95 134 -633
Working Capital Days 83 88 78 90 140 389 1,529
ROCE % 14% 7% -2% -8% -4% -17%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.12% 62.12% 62.12% 62.12% 62.12% 62.12% 62.12% 62.12% 62.12% 66.47% 66.47% 66.47%
37.88% 37.88% 37.88% 37.88% 37.88% 37.88% 37.88% 37.87% 37.87% 33.52% 33.52% 33.53%
No. of Shareholders 4,2284,5154,6195,1055,4815,3695,3335,3695,3175,4566,0365,823

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