Hindustan Motors Ltd

Hindustan Motors Ltd

₹ 31.2 9.86%
23 Apr - close price
About

Incorporated in 1948, Hindustan
Motors Ltd manufactures and sells
Vehicles, Spare Parts of Vehicles,
Steel Products and Components.
It also does trading of Spare Parts
of Vehicles[1]

Key Points

Operational Review:[1][2]
Company has declared Suspension of
Work at its Uttarpara Plant (West Bengal)
from 24th May, 2014, due to low productivity, growing indiscipline, shortage of funds and lack of product demand. The suspension of work is continuing. Management is scouting for tie-ups and potential investment /strategic partners to introduce new products & infuse capital in the company. It is also considering various measures including restructuring and rationalising of its manpower and other fixed costsalternative use of Fixed Assets to generate revenue.
Company's outstanding liabilities are expected to be met by sale proceeds of assets of the Company

  • Market Cap 651 Cr.
  • Current Price 31.2
  • High / Low 31.2 / 12.6
  • Stock P/E 68.1
  • Book Value -0.52
  • Dividend Yield 0.00 %
  • ROCE -21.5 %
  • ROE %
  • Face Value 5.00

Pros

  • Company has reduced debt.

Cons

  • Promoter holding is low: 32.3%
  • Earnings include an other income of Rs.13.0 Cr.

* 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

Standalone Figures in Rs. Crores / View Consolidated

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
1 0 0 0 0 0 0 0 0 0 0 0 1
2 1 1 3 1 1 1 1 2 1 1 1 1
Operating Profit -1 -1 -1 -3 -1 -1 -1 -1 -2 -1 -1 -1 0
OPM % -187% -562% 10%
2 5 2 14 1 11 3 1 0 1 0 0 11
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 1 3 0 11 -1 10 1 -1 -1 0 -1 -1 11
Tax % 40% 49% 77% 9% 0% 6% 10% 92% 23% 0% 12% 0% 0%
1 2 0 10 -1 9 1 -0 -1 0 -1 -1 11
EPS in Rs 0.03 0.08 0.00 0.49 -0.03 0.44 0.05 -0.00 -0.06 0.01 -0.05 -0.04 0.54
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
494.26 722.90 182.78 15.10 0.81 1.13 -3.30 0.54 0.21 1.17 0.00 0.00 1.37
593.03 840.67 227.05 52.96 22.13 17.52 12.55 6.61 6.00 5.04 6.63 5.16 4.45
Operating Profit -98.77 -117.77 -44.27 -37.86 -21.32 -16.39 -15.85 -6.07 -5.79 -3.87 -6.63 -5.16 -3.08
OPM % -19.98% -16.29% -24.22% -250.73% -2,632.10% -1,450.44% -1,124.07% -2,757.14% -330.77% -224.82%
107.45 90.65 108.46 5.88 1.53 12.22 88.35 35.52 5.88 11.01 27.61 4.79 13.02
Interest 20.29 30.89 56.45 7.82 10.36 10.30 8.80 1.65 0.05 0.09 0.02 0.13 0.05
Depreciation 21.79 21.97 8.44 2.10 1.89 1.56 1.43 1.20 0.88 0.82 0.61 0.53 0.46
Profit before tax -33.40 -79.98 -0.70 -41.90 -32.04 -16.03 62.27 26.60 -0.84 6.23 20.35 -1.03 9.43
Tax % 10.33% 10.98% -338.57% 0.00% 0.00% 0.00% 9.14% -0.41% 2.38% 39.65% 8.30% 103.88%
-29.96 -71.20 -3.07 -41.90 -32.04 -16.03 56.58 26.71 -0.83 3.76 18.65 0.05 9.56
EPS in Rs -1.73 -3.85 -0.17 -2.01 -1.54 -0.77 2.71 1.28 -0.04 0.18 0.89 0.00 0.46
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: 14%
3 Years: 0%
TTM: 20%
Stock Price CAGR
10 Years: 15%
5 Years: 34%
3 Years: 66%
1 Year: 127%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 86.57 92.47 92.47 104.41 104.41 104.41 104.41 104.41 104.41 104.41 104.41 104.41 104.41
Reserves -61.42 -124.07 -127.40 -165.81 -197.87 -217.01 -161.13 -134.68 -135.77 -132.15 -113.55 -113.45 -115.33
136.00 98.42 41.10 40.84 37.88 35.76 17.92 17.92 17.92 17.92 17.92 17.92 0.00
191.40 200.01 182.82 91.03 107.17 115.80 89.20 42.75 39.72 39.26 21.51 18.08 37.43
Total Liabilities 352.55 266.83 188.99 70.47 51.59 38.96 50.40 30.40 26.28 29.44 30.29 26.96 26.51
108.76 118.16 39.09 29.31 27.20 25.58 24.02 21.38 20.49 18.49 16.91 16.39 16.15
CWIP 18.59 0.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 85.31 18.45 0.14 0.14 0.14 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11
139.89 129.50 149.76 41.02 24.25 13.27 26.27 8.91 5.68 10.84 13.27 10.46 10.25
Total Assets 352.55 266.83 188.99 70.47 51.59 38.96 50.40 30.40 26.28 29.44 30.29 26.96 26.51

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-100.03 -109.06 -24.06 33.15 8.52 10.64 -33.46 -13.97 -1.44 -4.67 -18.17 1.21
99.89 149.59 77.88 0.70 0.36 1.00 79.22 2.27 0.18 6.11 16.16 -0.52
-8.26 -53.37 -60.06 -34.52 -8.97 -11.64 -29.24 -2.16 -0.05 -0.09 -0.02 -0.13
Net Cash Flow -8.40 -12.84 -6.24 -0.66 -0.08 0.00 16.52 -13.86 -1.31 1.35 -2.03 0.56

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 14.53 10.44 36.26 32.87 531.73 332.70 -5.53 33.80 121.67 0.00
Inventory Days 53.60 50.46 37.09 279.18 774.24 412.99 225.70 196.19 195.54 0.00
Days Payable 75.46 49.53 118.81 666.69 2,795.02 3,010.93 3,073.41 6,720.56 14,208.93
Cash Conversion Cycle -7.34 11.37 -45.45 -354.64 -1,489.04 -2,265.24 -2,853.24 -6,490.58 -13,891.73 0.00
Working Capital Days -58.99 -45.82 -129.00 -1,728.55 -50,613.33 -43,060.31 -10,530.80 -35,513.15 -87,061.19 -15,535.90
ROCE % -68.74% -112.30% -21.52%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
32.34% 32.34% 32.34% 32.34% 32.34% 32.33% 32.33% 32.33% 32.33% 32.33% 32.33% 32.33%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.04%
4.88% 1.32% 1.32% 1.32% 1.32% 3.14% 3.14% 3.14% 3.14% 3.14% 3.14% 2.65%
62.76% 66.32% 66.32% 66.32% 66.32% 64.49% 64.49% 64.49% 64.50% 64.49% 64.49% 64.98%
No. of Shareholders 1,18,8711,21,8921,39,6071,46,6251,86,5342,02,4132,00,2801,97,7411,95,7841,96,3061,99,2452,10,560

* 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.

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