Hawkins Cookers Ltd

Hawkins Cookers Ltd

₹ 6,183 -0.39%
24 Mar - close price
About

Hawkins Cookers Ltd is engaged in the business of manufacture, trading and sale of kitchenware.[1]

Key Points

Product Portfolio
The company's product portfolio includes its flagship cookware i.e. pressure cooker; its other cookware products include Tava, frying pan, saucepans, cook-n-serve bowls, handi, stewpot, etc.[1] Co. Had 39 new product launches in FY22 itself. 9 models of the co. are positioned among the top 20 models of Pressure Cookers and Cookware in India. [2] [3]

  • Market Cap 3,271 Cr.
  • Current Price 6,183
  • High / Low 6,573 / 4,932
  • Stock P/E 35.0
  • Book Value 446
  • Dividend Yield 2.43 %
  • ROCE 50.4 %
  • ROE 42.9 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 49.0%
  • Company has been maintaining a healthy dividend payout of 49.0%

Cons

  • Stock is trading at 13.9 times its book value

* 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

Figures in Rs. Crores

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
193 146 101 193 231 243 151 266 269 272 198 297 257
162 131 91 157 198 211 127 229 241 241 164 254 231
Operating Profit 31 15 10 36 33 32 24 37 27 31 33 44 26
OPM % 16% 10% 10% 19% 14% 13% 16% 14% 10% 11% 17% 15% 10%
1 1 1 2 3 2 2 2 1 1 1 1 1
Interest 1 1 1 1 1 1 2 2 1 1 1 1 1
Depreciation 1 1 1 1 1 1 2 2 2 2 2 2 2
Profit before tax 30 13 8 36 33 32 23 35 26 29 31 41 24
Tax % 26% 28% 21% 27% 26% 24% 26% 26% 26% 26% 25% 25% 25%
Net Profit 22 9 6 26 24 24 17 26 19 21 23 31 18
EPS in Rs 42.53 17.70 12.20 49.15 45.80 45.33 32.40 49.62 36.22 40.41 43.63 58.29 34.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
304 335 386 417 469 487 512 553 653 674 768 958 1,024
255 289 335 358 418 419 438 482 567 570 658 838 889
Operating Profit 48 46 51 59 51 68 74 71 86 104 111 120 134
OPM % 16% 14% 13% 14% 11% 14% 14% 13% 13% 15% 14% 12% 13%
3 4 5 5 4 -1 4 11 4 3 7 6 4
Interest 2 3 3 4 4 3 4 4 4 4 5 6 5
Depreciation 2 2 2 3 4 3 3 4 4 5 5 7 7
Profit before tax 48 45 50 57 47 60 71 74 82 98 108 113 125
Tax % 33% 32% 32% 33% 32% 33% 33% 34% 34% 26% 25% 26%
Net Profit 32 30 34 38 32 40 47 49 54 72 81 84 93
EPS in Rs 60.06 56.89 64.49 72.39 60.74 76.29 89.68 92.06 102.54 137.09 152.50 158.65 176.54
Dividend Payout % 67% 70% 78% 83% 74% 79% 78% 76% 78% 0% 52% 95%
Compounded Sales Growth
10 Years: 11%
5 Years: 13%
3 Years: 14%
TTM: 10%
Compounded Profit Growth
10 Years: 11%
5 Years: 12%
3 Years: 16%
TTM: 8%
Stock Price CAGR
10 Years: 11%
5 Years: 17%
3 Years: 18%
1 Year: 17%
Return on Equity
10 Years: 53%
5 Years: 48%
3 Years: 49%
Last Year: 43%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
5 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 41 46 49 51 54 56 101 105 113 134 172 208 230
12 12 23 25 19 32 27 25 31 40 38 43 42
91 93 92 106 105 124 101 111 118 119 177 153 169
Total Liabilities 149 156 170 187 182 217 235 246 267 298 392 410 447
17 20 20 23 22 22 22 23 26 32 39 52 57
CWIP 1 1 1 1 1 1 1 1 2 2 3 3 9
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
130 135 148 163 159 194 212 221 239 264 350 355 381
Total Assets 149 156 170 187 182 217 235 246 267 298 392 410 447

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
24 32 23 33 28 35 61 69 -6 66 189 -52
-0 -2 2 -1 0 -0 -14 -13 42 -20 -119 82
-18 -27 -25 -32 -48 -17 -39 -52 -45 -52 -40 -51
Net Cash Flow 6 3 1 0 -19 17 7 4 -10 -6 29 -21

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 47 34 39 33 34 34 33 31 44 27 19 20
Inventory Days 104 110 96 123 110 142 138 94 124 167 97 133
Days Payable 107 89 58 72 60 77 65 73 66 62 77 54
Cash Conversion Cycle 43 55 77 84 83 98 105 52 103 133 40 99
Working Capital Days -8 -9 -7 -18 13 10 21 10 45 44 -7 50
ROCE % 91% 78% 75% 77% 65% 79% 66% 58% 61% 62% 57% 50%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
56.03 56.03 56.03 56.03 56.03 56.03 56.03 56.03 56.03 56.03 56.03 56.03
0.34 0.34 0.30 0.14 0.14 0.17 0.17 0.33 0.32 0.31 0.34 0.35
14.70 14.85 15.28 15.50 15.95 16.57 16.65 16.89 16.93 17.05 17.23 17.25
28.93 28.78 28.39 28.33 27.88 27.23 27.14 26.75 26.72 26.61 26.40 26.36

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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