Hemang Resources Ltd
₹ 30.5
-1.80%
22 Jul
4:01 p.m.
About
Incorporated in 1993, Hemang Resources Limited is engaged in trading of all type of Coal, Stevedoring, Logistic services & Trading in land.
Key Points
- Market Cap ₹ 40.3 Cr.
- Current Price ₹ 30.5
- High / Low ₹ 49.4 / 29.6
- Stock P/E
- Book Value ₹ 19.3
- Dividend Yield 0.00 %
- ROCE -11.4 %
- ROE -4.20 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.4%
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.58%
- Contingent liabilities of Rs.182 Cr.
- Company has high debtors of 218 days.
- Working capital days have increased from 144 days to 250 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 262.31 | 300.91 | 627.79 | 435.17 | 249.60 | 125.76 | 37.04 | 1.35 | 0.10 | 65.83 | 205.05 | 37.12 | |
| 247.71 | 290.92 | 613.80 | 426.17 | 245.55 | 141.66 | 51.50 | 21.04 | 19.64 | 50.21 | 195.07 | 52.54 | |
| Operating Profit | 14.60 | 9.99 | 13.99 | 9.00 | 4.05 | -15.90 | -14.46 | -19.69 | -19.54 | 15.62 | 9.98 | -15.42 |
| OPM % | 5.57% | 3.32% | 2.23% | 2.07% | 1.62% | -12.64% | -39.04% | -1,458.52% | -19,540.00% | 23.73% | 4.87% | -41.54% |
| 2.75 | 3.08 | 2.14 | 3.57 | 4.77 | 8.19 | 0.47 | 13.71 | 13.49 | 12.86 | 1.13 | 12.18 | |
| Interest | 7.64 | 9.79 | 7.55 | 10.77 | 10.27 | 9.46 | 2.36 | 0.24 | 0.47 | 0.27 | 0.13 | 0.01 |
| Depreciation | 0.03 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 9.68 | 3.28 | 8.58 | 1.79 | -1.47 | -17.19 | -16.37 | -6.24 | -6.54 | 28.20 | 10.97 | -3.26 |
| Tax % | 33.37% | 36.89% | 32.87% | 27.93% | -32.65% | -31.06% | -25.96% | -22.92% | -22.94% | 30.78% | 32.73% | -66.56% |
| 6.45 | 2.08 | 5.75 | 1.29 | -0.99 | -11.85 | -12.12 | -4.81 | -5.04 | 19.52 | 7.38 | -1.09 | |
| EPS in Rs | 4.89 | 1.58 | 4.36 | 0.98 | -0.75 | -8.98 | -9.18 | -3.64 | -3.82 | 14.79 | 5.59 | -0.83 |
| Dividend Payout % | 15.35% | 31.73% | 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: | -19% |
| 5 Years: | 0% |
| 3 Years: | 619% |
| TTM: | -82% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 21% |
| TTM: | -115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 38% |
| 3 Years: | 85% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 24% |
| 3 Years: | 44% |
| Last Year: | -4% |
Balance Sheet
Figures in Rs. Crores
| 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 | 13.20 | 13.20 | 13.20 | 13.20 | 13.20 | 13.20 | 13.20 | 13.20 | 13.20 | 13.20 | 13.20 | 13.20 |
| Reserves | 13.25 | 14.37 | 19.93 | 21.22 | 20.23 | 8.38 | -3.74 | -8.55 | -13.59 | 5.93 | 13.31 | 12.22 |
| 87.37 | 70.34 | 35.49 | 18.40 | 36.10 | 32.55 | 41.01 | 32.59 | 21.59 | 3.39 | 3.39 | 1.87 | |
| 21.99 | 43.23 | 163.27 | 164.85 | 85.36 | 75.69 | 50.74 | 37.40 | 42.75 | 49.91 | 40.72 | 31.35 | |
| Total Liabilities | 135.81 | 141.14 | 231.89 | 217.67 | 154.89 | 129.82 | 101.21 | 74.64 | 63.95 | 72.43 | 70.62 | 58.64 |
| 0.00 | 0.00 | 0.04 | 0.06 | 0.20 | 0.18 | 0.17 | 0.15 | 0.14 | 0.13 | 0.12 | 0.11 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.86 | 1.11 | 0.86 | 0.09 | 0.12 | 0.17 | 0.17 | 0.24 | 0.27 | 0.30 | 0.35 | 0.40 |
| 134.95 | 140.03 | 230.99 | 217.52 | 154.57 | 129.47 | 100.87 | 74.25 | 63.54 | 72.00 | 70.15 | 58.13 | |
| Total Assets | 135.81 | 141.14 | 231.89 | 217.67 | 154.89 | 129.82 | 101.21 | 74.64 | 63.95 | 72.43 | 70.62 | 58.64 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -19.10 | 34.94 | 26.30 | 19.19 | -12.48 | 8.44 | -16.21 | 9.36 | 11.28 | 15.91 | -0.18 | 0.84 | |
| -5.06 | 6.85 | -4.54 | 3.36 | -4.60 | 3.51 | 10.06 | -0.49 | 0.17 | 1.95 | -0.09 | 0.63 | |
| 29.19 | -22.80 | -41.88 | -26.50 | 16.67 | -12.02 | 6.45 | -8.53 | -11.24 | -21.80 | 0.00 | -1.53 | |
| Net Cash Flow | 5.03 | 18.99 | -20.11 | -3.94 | -0.40 | -0.08 | 0.30 | 0.34 | 0.20 | -3.94 | -0.27 | -0.06 |
Ratios
Figures in Rs. Crores
| 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 | 118.71 | 93.11 | 98.14 | 130.55 | 132.22 | 186.74 | 491.53 | 7,878.59 | 84,753.00 | 206.48 | 70.81 | 217.80 |
| Inventory Days | 37.12 | 30.23 | 18.45 | 21.44 | 34.66 | 75.93 | 151.25 | 4,672.00 | 2,555.00 | 145.41 | 33.06 | 165.90 |
| Days Payable | 22.36 | 36.25 | 92.65 | 140.30 | 112.49 | 177.06 | 386.13 | 8,423.57 | 5,143.72 | 273.73 | 48.92 | 150.30 |
| Cash Conversion Cycle | 133.47 | 87.09 | 23.94 | 11.70 | 54.40 | 85.60 | 256.65 | 4,127.03 | 82,164.28 | 78.16 | 54.96 | 233.40 |
| Working Capital Days | 132.71 | 78.40 | 28.99 | 31.65 | 66.05 | 87.36 | 237.59 | 5,050.52 | 34,821.00 | 122.70 | 59.33 | 250.15 |
| ROCE % | 18.40% | 12.35% | 19.37% | 20.69% | 14.38% | -12.50% | -26.79% | -13.68% | -20.77% | 130.24% | 42.35% | -11.37% |
Documents
Announcements
- Closure of Trading Window 29 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Annual Secretarial Report for the year ended 31st March, 2024.
- Submission Of Audited Financial Results Under Regulation 33 Of SEBI (LODR) Regulations, 2015 For The Quarter And Financial Year Ended March 31, 2024 24 May
- Board Meeting Outcome for Outcome Of Board Meeting To Consider And Approve The Draft Audited Financial Result For The Quarter And Year Ended On 31St March, 2024 And Other Business 24 May
- Board Meeting Outcome for Outcome Of Board Meeting To Consider And Approve The Draft Audited Financial Result For The Quarter And Year Ended On 31St March, 2024 And Other Business 24 May
Annual reports
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Financial Year 2023
from bse
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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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Financial Year 2007
from bse
Business Overview:[1]
Company (previously known as Bhatia Industries and Infrastructure Limited) is promoted by the Bhatia Group of Indore, and is involved in coal trading, where coal is imported from coalfields in Indonesia and South Africa and is sold to domestic companies. Company has been trading in coal as the main commodity, apart from commodities such as sand and soybean (which is now discontinued). Within the Bhatia Group, HRL is vested with the ‘stock and sale’ business with focus on catering to small corporate entities and dealers.