Hindoostan Mills Ltd
₹ 221
-0.70%
23 Dec
- close price
About
Incorporated in 1873, Hindoostan Mills Ltd is in the business of Manufacture and Sale of Fabric and Yarn and Refiling of Elastic Calendar Bowls[1]
Key Points
- Market Cap ₹ 36.7 Cr.
- Current Price ₹ 221
- High / Low ₹ 411 / 195
- Stock P/E
- Book Value ₹ 261
- Dividend Yield 0.00 %
- ROCE -4.73 %
- ROE -5.74 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.85 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -11.5% over past five years.
- Company has a low return on equity of -10.2% over last 3 years.
- Contingent liabilities of Rs.18.3 Cr.
- Company's cost of borrowing seems high
* 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: Textiles Industry: Textiles - Products
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 106.44 | 146.67 | 153.78 | 159.26 | 155.19 | 156.57 | 162.44 | 141.08 | 65.25 | 103.74 | 99.09 | 88.26 | 67.73 | |
| 98.29 | 136.59 | 150.12 | 151.90 | 155.54 | 155.97 | 166.19 | 142.42 | 68.66 | 101.54 | 105.23 | 90.39 | 77.28 | |
| Operating Profit | 8.15 | 10.08 | 3.66 | 7.36 | -0.35 | 0.60 | -3.75 | -1.34 | -3.41 | 2.20 | -6.14 | -2.13 | -9.55 |
| OPM % | 7.66% | 6.87% | 2.38% | 4.62% | -0.23% | 0.38% | -2.31% | -0.95% | -5.23% | 2.12% | -6.20% | -2.41% | -14.10% |
| 2.05 | 1.74 | 1.52 | 5.70 | 1.99 | 2.28 | 2.48 | 2.29 | 26.33 | 2.64 | 3.68 | 5.98 | 7.28 | |
| Interest | 0.07 | 0.14 | 1.95 | 3.31 | 2.67 | 2.32 | 1.98 | 1.20 | 0.85 | 0.15 | 0.43 | 0.42 | 0.25 |
| Depreciation | 4.72 | 6.50 | 10.11 | 11.82 | 12.43 | 11.18 | 8.58 | 5.88 | 4.93 | 5.35 | 3.91 | 2.16 | 2.05 |
| Profit before tax | 5.41 | 5.18 | -6.88 | -2.07 | -13.46 | -10.62 | -11.83 | -6.13 | 17.14 | -0.66 | -6.80 | 1.27 | -4.57 |
| Tax % | 22.92% | 23.75% | 0.00% | 9.18% | -0.74% | -0.28% | -0.17% | -0.16% | 0.00% | 393.94% | 0.00% | 0.00% | |
| 4.17 | 3.95 | -6.89 | -2.25 | -13.36 | -10.59 | -11.81 | -6.11 | 17.14 | -3.26 | -6.80 | 1.27 | -4.57 | |
| EPS in Rs | 25.05 | 23.73 | -41.39 | -13.52 | -80.26 | -63.62 | -70.95 | -36.71 | 102.97 | -19.59 | -40.85 | 7.63 | -27.46 |
| Dividend Payout % | 29.86% | 42.03% | -9.64% | -33.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -11% |
| 3 Years: | 11% |
| TTM: | -28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | % |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | -1% |
| 3 Years: | -9% |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -7% |
| 3 Years: | -10% |
| Last Year: | -6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 | 1.66 |
| Reserves | 93.30 | 93.38 | 85.11 | 81.95 | 68.58 | 57.81 | 46.08 | 40.08 | 57.10 | 53.94 | 47.18 | 48.47 | 41.74 |
| 0.00 | 0.00 | 30.54 | 26.80 | 22.14 | 16.95 | 12.18 | 9.09 | 0.00 | 2.35 | 1.95 | 1.50 | 1.26 | |
| 15.77 | 21.84 | 24.68 | 26.68 | 30.62 | 36.40 | 36.79 | 38.32 | 23.07 | 25.88 | 25.06 | 23.48 | 18.17 | |
| Total Liabilities | 110.73 | 116.88 | 141.99 | 137.09 | 123.00 | 112.82 | 96.71 | 89.15 | 81.83 | 83.83 | 75.85 | 75.11 | 62.83 |
| 50.61 | 52.60 | 72.61 | 64.11 | 58.47 | 47.23 | 30.41 | 26.62 | 22.48 | 20.35 | 16.86 | 15.00 | 14.30 | |
| CWIP | 0.66 | 0.47 | 2.65 | 4.26 | 0.02 | 0.01 | 0.00 | 0.60 | 0.00 | 0.05 | 0.30 | 0.15 | 0.00 |
| Investments | 5.88 | 0.81 | 3.33 | 3.36 | 0.62 | 0.67 | 0.01 | 0.01 | 5.67 | 12.74 | 11.34 | 15.29 | 17.69 |
| 53.58 | 63.00 | 63.40 | 65.36 | 63.89 | 64.91 | 66.29 | 61.92 | 53.68 | 50.69 | 47.35 | 44.67 | 30.84 | |
| Total Assets | 110.73 | 116.88 | 141.99 | 137.09 | 123.00 | 112.82 | 96.71 | 89.15 | 81.83 | 83.83 | 75.85 | 75.11 | 62.83 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13.55 | -1.88 | 6.16 | 10.03 | 5.14 | 7.32 | 5.83 | 3.24 | 2.90 | 1.69 | -4.41 | 3.52 | |
| -6.50 | 4.26 | -33.91 | -1.01 | 1.48 | 0.15 | 0.96 | 0.89 | 9.27 | 2.16 | 2.91 | -4.71 | |
| -8.17 | -1.57 | 26.88 | -7.84 | -7.71 | -7.45 | -6.83 | -4.51 | -9.94 | -0.17 | -0.60 | -0.64 | |
| Net Cash Flow | -1.12 | 0.81 | -0.88 | 1.18 | -1.08 | 0.02 | -0.05 | -0.38 | 2.23 | 3.68 | -2.10 | -1.82 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 56.27 | 54.67 | 63.80 | 59.59 | 67.52 | 71.36 | 68.96 | 73.06 | 76.86 | 43.70 | 46.96 | 48.55 |
| Inventory Days | 104.11 | 109.59 | 90.19 | 103.87 | 79.45 | 78.47 | 71.06 | 82.90 | 149.68 | 127.73 | 87.22 | 97.97 |
| Days Payable | 23.71 | 35.62 | 40.40 | 44.00 | 49.01 | 69.90 | 71.22 | 86.33 | 105.43 | 63.87 | 58.09 | 52.28 |
| Cash Conversion Cycle | 136.67 | 128.64 | 113.59 | 119.46 | 97.97 | 79.93 | 68.80 | 69.62 | 121.10 | 107.56 | 76.09 | 94.24 |
| Working Capital Days | 130.17 | 97.73 | 81.41 | 74.58 | 69.90 | 58.26 | 64.96 | 69.70 | 111.09 | 76.56 | 73.38 | 64.64 |
| ROCE % | 5.55% | 5.03% | -5.08% | -1.07% | -10.02% | -9.81% | -14.76% | -8.92% | 8.01% | -3.12% | -15.45% | -4.73% |
Documents
Announcements
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Closure of Trading Window
12h - Closure of trading window from January 1, 2025.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
17 Dec - Intimation of lost share certificate by shareholder.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Newspaper advertisement published on November 15, 2024 regarding unaudited financial results for the quarter/half year ended September 30, 2024.
- UNAUDITED FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED 30-09-2024 14 Nov
-
Board Meeting Outcome for UNAUDITED FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED 30-09-2024
14 Nov - Un-audited financial results for Q2 FY2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Profile:
A) Textile:[1] 86% of FY22 revenue
Open-end yarns from 4’s to 30’s count in Cotton
Greige Fabrics and weaves which are exported to Europe, USA, South America, Korea, Thailand, and other Far East countries Processed Fabrics used in shirting, bottom wear, industrial and work wear, and also wider width fabrics used for home furnishing and bed sheets.
B) Engineering[2] 14% of FY22 revenue
ECK Haubold & Laxmi is the engineering division of Hindoostan Mills Limited, specializing in the manufacture and supply of calendar bowls, calendaring machines, squeeze rolls, and related products including Cotton Roll, Comber Rolls, Polyamide Roll, Wool Paper Roll, Hard Chrome Roll, Laxmi Helextra Roll, ECK NCCM Roll, Wiper Bar, Flax Paper Roll, Design Roll, etc. for the textile, paper, and steel industry