Hariyana Ship Breakers Ltd

Hariyana Ship Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Hariyana Ship Breakers Ltd

₹ 180 -2.65%
25 Jul 10:29 a.m.
hariyanagroup.com BSE: 526931
About

Incorporated in 1981, Hariyana Ship Breakers Ltd is engaged in Ship Breaking business

Key Points

Business Overview:[1][2]
Company is a part of Haryana Group which undertakes ship breaking activity through 3 companies viz. Inducto Steel Limited, Hariyana Ship Breakers Limited, and Hariyana Ship Demolition Private Limited. HSBL is engaged
in ship breaking business in the Alang-Sosiya belt of Bhavnagar region of Gujarat with plot size of 4185 square meters having frontage of 45 meters. Company’s operations are carried out at premises leased out by Gujarat Maritime Board (GMB) in Bhavnagar.
HSBL is also engaged in trading of Ferrous and Non-ferrous metal and coils and has its investments made in real estate partnership firms. Company also provides surplus funds on interest to other parties and is also invested in shares and securities to earn capital gains

Website BSE
  • Market Cap ₹ 111 Cr.
  • Current Price ₹ 180
  • High / Low ₹ 240 / 75.0
  • Stock P/E 34.4
  • Book Value ₹ 235
  • Dividend Yield 0.00 %
  • ROCE 3.96 %
  • ROE 2.25 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Stock is trading at 0.79 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -17.0% over past five years.
  • Company has a low return on equity of 2.24% over last 3 years.
  • Contingent liabilities of Rs.182 Cr.
  • Earnings include an other income of Rs.10.8 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.

Peer comparison

Sector: Ship Building Industry: Miscellaneous

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
26.71 71.13 31.93 28.03 37.40 7.38 0.00 31.27 15.42 56.46 90.84 0.61 0.72
25.03 68.39 28.15 25.67 42.90 8.53 0.60 31.06 13.18 61.77 88.69 -0.04 1.44
Operating Profit 1.68 2.74 3.78 2.36 -5.50 -1.15 -0.60 0.21 2.24 -5.31 2.15 0.65 -0.72
OPM % 6.29% 3.85% 11.84% 8.42% -14.71% -15.58% 0.67% 14.53% -9.40% 2.37% 106.56% -100.00%
4.42 1.63 0.90 0.75 0.11 1.50 1.28 1.67 3.54 2.98 4.34 1.74 1.77
Interest 0.65 0.30 0.81 0.19 0.28 0.18 0.27 0.54 1.23 0.77 0.05 1.00 0.66
Depreciation 0.17 0.21 0.22 0.22 0.22 0.22 0.22 0.19 0.17 0.30 0.30 0.29 0.28
Profit before tax 5.28 3.86 3.65 2.70 -5.89 -0.05 0.19 1.15 4.38 -3.40 6.14 1.10 0.11
Tax % 29.55% 32.38% 36.99% 49.26% -27.50% 300.00% -42.11% 65.22% 15.30% 2.06% 3.58% 33.64% 63.64%
3.72 2.60 2.30 1.36 -4.26 -0.20 0.27 0.40 3.71 -3.47 5.92 0.74 0.04
EPS in Rs 6.03 4.22 3.73 2.21 -6.91 -0.32 0.44 0.65 6.02 -5.63 9.60 1.20 0.06
Raw PDF

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
1,006 464 231 365 275 156 377 127 148 168 54 149
983 465 244 373 286 162 387 143 145 170 53 152
Operating Profit 23 -1 -12 -7 -11 -6 -10 -16 3 -1 1 -3
OPM % 2% -0% -5% -2% -4% -4% -3% -13% 2% -1% 1% -2%
24 32 33 24 30 21 21 12 15 8 8 11
Interest 23 13 4 7 8 4 1 1 2 2 2 2
Depreciation 2 2 2 2 2 0 0 1 1 1 1 1
Profit before tax 23 16 14 8 9 10 10 -6 15 4 6 4
Tax % 28% 15% 1% 5% -7% 4% 17% 5% 36% 53% 26% 18%
16 13 14 7 9 10 8 -7 10 2 4 3
EPS in Rs 26.64 21.39 22.93 12.05 15.19 15.91 13.20 -11.11 16.02 3.26 6.78 5.24
Dividend Payout % 13% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -11%
5 Years: -17%
3 Years: 0%
TTM: 175%
Compounded Profit Growth
10 Years: -13%
5 Years: -12%
3 Years: -31%
TTM: -23%
Stock Price CAGR
10 Years: 10%
5 Years: 27%
3 Years: 21%
1 Year: 92%
Return on Equity
10 Years: 4%
5 Years: 2%
3 Years: 2%
Last Year: 2%

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
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 65 78 92 99 109 118 127 120 130 132 136 139
114 211 6 7 9 3 6 7 1 4 23 15
327 56 118 140 96 341 126 32 134 54 98 3
Total Liabilities 512 351 222 252 219 469 265 165 271 195 263 163
26 24 17 15 9 9 9 11 12 12 11 12
CWIP 0 0 0 0 0 0 1 2 2 2 2 0
Investments 24 13 31 77 69 107 131 122 114 117 124 134
462 314 174 160 141 353 124 31 142 65 126 18
Total Assets 512 351 222 252 219 469 265 165 271 195 263 163

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
-14 -92 112 50 -47 2 -42 -14 34 -3 -48 0
-3 11 -13 -47 52 51 -4 14 16 0 1 1
17 85 -97 -6 -6 -9 -1 -1 -1 1 8 -10
Net Cash Flow -0 3 2 -4 -1 44 -47 -1 49 -1 -40 -9

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 109 30 61 35 30 0 0 3 4 1 5 0
Inventory Days 8 94 17 4 24 662 93 33 206 17 624 4
Days Payable 111 34 180 142 118 755 83 68 290 112 687 0
Cash Conversion Cycle 6 90 -102 -104 -64 -93 10 -33 -80 -94 -59 4
Working Capital Days 50 203 83 21 59 -76 -2 -6 -85 -93 34 4
ROCE % 36% 12% 8% 11% 16% 9% 6% -4% 13% 4% 5% 4%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.95% 74.95% 74.95% 74.95% 74.95% 74.95% 74.95% 74.95% 74.95% 74.95% 74.95% 74.95%
25.05% 25.05% 25.05% 25.05% 25.04% 25.04% 25.06% 25.05% 25.04% 25.04% 25.05% 25.04%
No. of Shareholders 3,9213,6753,7113,6613,6513,4993,4253,3263,5453,5313,5784,493

Documents

Announcements

Annual reports

Credit ratings