Hind Aluminium Industries Ltd

Hind Aluminium Industries Ltd

₹ 69.5 3.52%
22 Nov 10:13 a.m.
About

Incorporated in 1993, Hind Aluminum Industries Limited is engaged in manufacturing of Wire Rods & Conductors. Company is also in business of mining & power generation.

Key Points

Product Portfolio:[1]
a) Alloy Wire Rods[2]
b) EC Wire Rods[3]
c) Flipped Wire Rods [4]
d) Aluminum Conductors [5]
e) Wind Power [6]
f) Solar Power [7]

  • Market Cap 43.8 Cr.
  • Current Price 69.5
  • High / Low 95.0 / 45.6
  • Stock P/E 4.41
  • Book Value 127
  • Dividend Yield 0.00 %
  • ROCE -5.58 %
  • ROE 8.34 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.53 times its book value
  • Company has delivered good profit growth of 20.1% CAGR over last 5 years
  • Debtor days have improved from 124 to 87.8 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -70.1% over past five years.
  • Company has a low return on equity of 1.47% over last 3 years.
  • Earnings include an other income of Rs.22.0 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

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
8.00 2.19 1.25 1.85 1.41 0.27 -0.43 0.38 0.48 0.14 0.33 0.25 0.36
6.18 3.70 4.36 3.98 1.44 2.71 10.57 0.82 13.54 0.48 6.85 0.75 0.94
Operating Profit 1.82 -1.51 -3.11 -2.13 -0.03 -2.44 -11.00 -0.44 -13.06 -0.34 -6.52 -0.50 -0.58
OPM % 22.75% -68.95% -248.80% -115.14% -2.13% -903.70% -115.79% -2,720.83% -242.86% -1,975.76% -200.00% -161.11%
1.24 1.08 1.96 7.96 5.97 4.44 4.13 7.63 12.86 8.20 7.70 3.13 2.98
Interest 1.97 -0.10 3.01 0.32 0.37 -0.10 0.19 0.01 0.01 0.03 0.19 0.06 0.00
Depreciation 0.77 0.45 0.18 0.37 0.38 0.38 0.26 0.30 0.07 0.08 0.09 0.08 0.09
Profit before tax 0.32 -0.78 -4.34 5.14 5.19 1.72 -7.32 6.88 -0.28 7.75 0.90 2.49 2.31
Tax % 62.50% -143.59% 2.53% 23.54% 19.08% 28.49% -43.17% 19.62% -1,507.14% 20.90% 57.78% 4.82% 54.55%
0.12 0.34 -4.45 3.93 4.20 1.23 -4.16 5.53 3.94 6.13 0.38 2.37 1.05
EPS in Rs 1.05 1.25 -5.03 6.75 6.78 3.19 -6.02 8.95 6.08 9.73 0.60 3.76 1.67
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
498.17 705.56 555.40 398.12 95.68 24.30 3.10 1.33 1.08
480.21 678.23 541.53 401.57 104.15 26.53 18.71 6.38 9.02
Operating Profit 17.96 27.33 13.87 -3.45 -8.47 -2.23 -15.61 -5.05 -7.94
OPM % 3.61% 3.87% 2.50% -0.87% -8.85% -9.18% -503.55% -379.70% -735.19%
1.20 4.48 4.16 3.62 1.26 1.36 13.04 11.73 22.01
Interest 7.65 15.38 13.76 10.84 8.94 5.61 0.77 0.24 0.28
Depreciation 3.01 3.79 3.82 3.50 2.98 2.17 1.39 0.54 0.34
Profit before tax 8.50 12.64 0.45 -14.17 -19.13 -8.65 -4.73 5.90 13.45
Tax % 24.71% 34.02% 151.11% -24.91% -24.05% -9.02% -9.94% -12.37%
5.31 8.76 2.38 -10.60 -14.64 -3.33 5.20 15.99 9.93
EPS in Rs 8.43 13.65 6.00 -13.56 -22.55 -1.35 10.70 25.38 15.76
Dividend Payout % 18.98% 11.72% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -70%
3 Years: -76%
TTM: 54%
Compounded Profit Growth
10 Years: %
5 Years: 20%
3 Years: 34%
TTM: 46%
Stock Price CAGR
10 Years: 2%
5 Years: 7%
3 Years: 22%
1 Year: 38%
Return on Equity
10 Years: %
5 Years: -6%
3 Years: 1%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 6.30 6.30 6.30 6.30 6.30 6.30 6.30 6.30 6.30
Reserves 69.86 77.24 74.57 64.82 50.63 51.01 59.29 70.57 74.01
92.55 137.29 89.50 103.27 31.73 21.53 2.04 0.00 0.60
47.71 56.21 34.03 14.95 7.28 0.39 -0.57 0.58 0.40
Total Liabilities 216.42 277.04 204.40 189.34 95.94 79.23 67.06 77.45 81.31
26.45 30.26 26.83 23.74 20.67 18.60 15.57 4.91 4.75
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 10.22 10.70 13.61 14.72 16.76 17.73 24.99 56.71 53.07
179.75 236.08 163.96 150.88 58.51 42.90 26.50 15.83 23.49
Total Assets 216.42 277.04 204.40 189.34 95.94 79.23 67.06 77.45 81.31

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
17.20 -38.81 63.13 18.60 70.58 12.67 -0.10 -18.75
-21.61 11.93 -2.11 -11.88 -0.26 3.73 21.51 20.98
-0.75 28.14 -62.77 3.72 -80.48 -16.99 -20.26 -2.27
Net Cash Flow -5.16 1.27 -1.75 10.44 -10.16 -0.59 1.14 -0.04

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 61.13 82.79 51.78 63.67 43.87 113.71 171.90 87.82
Inventory Days 37.77 26.13 42.50 225.94 778.67
Days Payable 24.93 24.36 18.75 8.76 655.26
Cash Conversion Cycle 73.97 84.56 75.53 63.67 261.05 237.11 171.90 87.82
Working Capital Days 83.03 88.20 77.73 89.82 77.90 388.58 1,529.47 1,547.82
ROCE % 14.30% 7.24% -1.94% -7.88% -3.91% -16.68% -5.58%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
62.12% 62.12% 62.12% 62.12% 62.12% 62.12% 62.12% 66.47% 66.47% 66.47% 66.47% 66.47%
37.88% 37.88% 37.88% 37.88% 37.88% 37.87% 37.87% 33.52% 33.52% 33.53% 33.52% 33.53%
No. of Shareholders 4,6195,1055,4815,3695,3335,3695,3175,4566,0365,8236,2166,568

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