Harikanta Overseas Ltd
Incorporated in 2018, Harikanta Overseas is engaged in the manufacturing of synthetic
textile fabrics.[1]
- Market Cap ₹ 67.5 Cr.
- Current Price ₹ 68.4
- High / Low ₹ 79.8 / 68.4
- Stock P/E 97.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 37.5 %
- ROE 44.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.3%
Cons
* 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Part of BSE SME IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 7.14 | 14.83 | 11.11 | |
| 7.12 | 14.31 | 9.83 | |
| Operating Profit | 0.02 | 0.52 | 1.28 |
| OPM % | 0.28% | 3.51% | 11.52% |
| 0.18 | 0.16 | 0.16 | |
| Interest | 0.02 | 0.13 | 0.09 |
| Depreciation | 0.00 | 0.20 | 0.23 |
| Profit before tax | 0.18 | 0.35 | 1.12 |
| Tax % | 27.78% | 25.71% | 26.79% |
| 0.12 | 0.25 | 0.82 | |
| EPS in Rs | 80.00 | 5.05 | 16.57 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 176% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| Last Year: | 44% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Equity Capital | 0.02 | 0.50 | 0.50 |
| Reserves | 0.40 | 0.65 | 1.47 |
| 0.43 | 1.33 | 1.47 | |
| 1.24 | 2.51 | 3.16 | |
| Total Liabilities | 2.09 | 4.99 | 6.60 |
| 0.00 | 1.24 | 1.04 | |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 1.41 | 2.42 |
| 2.08 | 2.34 | 3.14 | |
| Total Assets | 2.09 | 4.99 | 6.60 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 1.94 | 0.68 | ||
| -3.37 | -0.63 | ||
| 1.28 | 0.06 | ||
| Net Cash Flow | -0.15 | 0.10 | |
| Free Cash Flow | 0.49 | 0.66 | |
| CFO/OP | 392% | 77% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 50.10 | 18.21 | 43.37 |
| Inventory Days | 42.30 | 4.42 | 29.84 |
| Days Payable | 81.46 | 54.88 | 144.33 |
| Cash Conversion Cycle | 10.93 | -32.25 | -71.13 |
| Working Capital Days | 13.80 | -39.13 | -36.14 |
| ROCE % | 28.83% | 37.50% |
Documents
Announcements
Annual reports
No data available.
Business Profile:[1]
Harikanta Overseas is engaged
in the manufacturing and export
of synthetic textile fabrics, primarily
catering to the women’s wear such
as sarees, dress materials, and kurtas,
along with the fabrics for men’s kurtas.
The company originated from a family-
run power loom business and has evolved
into an integrated textile manufacturer
with domestic and export operations.