Hindprakash Industries Ltd

Hindprakash Industries Ltd

₹ 151 -5.00%
19 Apr 4:01 p.m.
About

Incorporated in 2008, Hindprakash Industries
Ltd does manufacturing and trading of dyes, intermediates, auxiliary, chemicals and other merchandise, etc.[1]

Key Points

Business Overview:[1]
Company is a part of Hindprakash Group. It manufactures Dyestuffs, Dye Intermediate, Textile Chemicals, Auxiliaries, Adhesive, Paint Binders and Intermediates

  • Market Cap 157 Cr.
  • Current Price 151
  • High / Low 211 / 82.5
  • Stock P/E 51.0
  • Book Value 41.3
  • Dividend Yield 0.33 %
  • ROCE 9.36 %
  • ROE 6.24 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 34.2%

Cons

  • Stock is trading at 3.81 times its book value
  • The company has delivered a poor sales growth of 2.91% over past five years.
  • Company has a low return on equity of 6.77% over last 3 years.
  • Debtor days have increased from 98.1 to 118 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

Sector: Chemicals Industry: Dyes And Pigments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
19.09 30.94 18.35 23.12 15.62 43.69 27.49 30.04 15.21
17.64 30.14 18.31 22.50 15.12 41.04 26.19 29.59 13.83
Operating Profit 1.45 0.80 0.04 0.62 0.50 2.65 1.30 0.45 1.38
OPM % 7.60% 2.59% 0.22% 2.68% 3.20% 6.07% 4.73% 1.50% 9.07%
0.03 0.61 0.16 0.69 0.48 0.44 0.22 0.36 0.32
Interest 0.17 0.29 0.29 0.37 0.61 0.51 0.63 0.67 0.66
Depreciation 0.08 0.08 0.07 0.16 0.11 0.13 0.11 0.11 0.11
Profit before tax 1.23 1.04 -0.16 0.78 0.26 2.45 0.78 0.03 0.93
Tax % 22.76% 23.08% 6.25% 23.08% 26.92% 26.12% 26.92% 66.67% 24.73%
0.96 0.81 -0.15 0.60 0.20 1.81 0.58 0.01 0.69
EPS in Rs 0.92 0.78 -0.14 0.58 0.19 1.74 0.56 0.01 0.66
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
40 44 58 82 83 86 87 97 105 90 104 101 116
39 42 54 77 79 81 83 92 100 87 100 97 111
Operating Profit 1 1 4 5 4 5 5 4 5 3 4 4 6
OPM % 2% 3% 6% 6% 5% 5% 5% 4% 4% 3% 4% 4% 5%
0 0 0 0 0 0 0 1 2 2 1 2 1
Interest 0 0 1 2 1 1 1 1 1 1 1 2 2
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 1 1 2 3 3 3 4 4 5 3 4 3 4
Tax % 32% 34% 33% 34% 34% 34% 34% 29% 29% 25% 26% 26%
1 1 1 2 2 2 2 3 3 2 3 2 3
EPS in Rs 5.70 7.64 6.68 10.25 8.91 9.93 10.76 3.79 3.26 2.31 2.62 2.36 2.97
Dividend Payout % 4% 3% 3% 2% 1% 0% 0% 1% 31% 43% 38% 21%
Compounded Sales Growth
10 Years: 9%
5 Years: 3%
3 Years: -1%
TTM: 32%
Compounded Profit Growth
10 Years: 11%
5 Years: 1%
3 Years: -10%
TTM: 112%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 50%
1 Year: 66%
Return on Equity
10 Years: 11%
5 Years: 9%
3 Years: 7%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 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 1 1 2 2 2 2 2 8 10 10 10 10 10
Reserves 2 4 6 8 10 12 15 12 24 26 28 30 33
8 8 11 15 9 11 11 15 6 10 9 21 25
9 9 14 11 7 9 3 13 17 10 8 18 12
Total Liabilities 20 21 33 36 29 35 31 48 57 56 56 80 80
2 2 3 3 3 3 3 11 11 12 11 15 15
CWIP 0 0 0 0 0 0 0 0 1 2 3 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 5 5
19 19 30 33 25 31 28 37 44 43 42 60 60
Total Assets 20 21 33 36 29 35 31 48 57 56 56 80 80

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
6 -0 1 -1 -1 -2 3 5
-1 -0 0 -7 1 0 1 -13
-7 1 -1 8 0 2 -3 8
Net Cash Flow -2 0 0 -0 0 -0 0 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 87 86 90 74 55 70 56 83 77 95 82 118
Inventory Days 59 58 48 41 47 46 43 52 66 60 64
Days Payable 90 93 51 31 40 11 32 38 16 12 58
Cash Conversion Cycle 56 86 55 71 65 77 90 95 91 144 130 123
Working Capital Days 76 87 90 92 79 94 104 107 113 152 132 135
ROCE % 8% 11% 22% 23% 18% 20% 18% 17% 16% 10% 10% 9%

Shareholding Pattern

Numbers in percentages

Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.37% 72.37% 72.37% 72.37% 74.85% 74.85% 74.85% 74.85% 74.85% 74.85% 74.66% 74.95%
27.63% 27.63% 27.62% 27.63% 25.15% 25.15% 25.16% 25.16% 25.16% 25.16% 25.35% 25.05%
No. of Shareholders 2092001901881972184861,3051,4422,4162,3032,721

Documents