Hil Ltd

Hil Ltd

₹ 2,463 -1.87%
20 Dec - close price
About

HIL Limited (HIL) is a part of the C.K. Birla Group and is headquartered in Hyderabad. It is one of the leading Companies in the building materials and construction industry with robust product pipeline and wide range. The company manufactures asbestos FC sheets, coloured steel sheets, non-asbestos corrugated roofing sheets, new generation building products like autoclaved aerated concrete (AAC) blocks (light bricks) that are used for walls in building constructions and aerocon panels and boards that are used as partition in residential and commercial buildings. [1]

Key Points

Diversified Product Portfolio
The Co. has a vast product portfolio, ranging from roofing, walling, flooring solutions, and polymer solutions to engineering solutions. [1]

Business Segments FY23**

  • Market Cap 1,857 Cr.
  • Current Price 2,463
  • High / Low 3,213 / 2,346
  • Stock P/E 45.6
  • Book Value 1,695
  • Dividend Yield 1.52 %
  • ROCE 7.81 %
  • ROE 6.62 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 26.7%

Cons

  • The company has delivered a poor sales growth of 9.11% over past five years.
  • Company has a low return on equity of 12.2% over last 3 years.
  • Earnings include an other income of Rs.129 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

Standalone Figures in Rs. Crores / View Consolidated

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
422 450 496 719 448 475 512 722 466 509 534 775 481
371 403 444 617 432 431 479 632 449 491 520 701 489
Operating Profit 51 47 52 103 16 44 33 90 16 18 14 74 -7
OPM % 12% 10% 10% 14% 4% 9% 6% 13% 3% 4% 3% 10% -2%
7 14 4 16 8 4 5 29 21 11 13 6 99
Interest 1 1 1 1 1 2 2 2 2 3 4 6 6
Depreciation 13 15 14 14 14 15 15 17 16 17 18 17 17
Profit before tax 44 45 40 104 8 31 20 100 19 8 5 58 69
Tax % 25% 25% 25% 17% 19% 27% 27% 23% 20% 20% 22% 26% 13%
33 34 30 86 7 23 15 77 15 7 4 43 60
EPS in Rs 43.88 45.16 40.17 114.10 8.90 30.22 19.78 101.90 20.42 8.91 5.38 56.48 79.73
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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
1,037 869 1,108 1,096 1,119 1,280 1,443 1,321 1,566 1,973 2,155 2,231 2,300
914 825 990 996 1,015 1,132 1,263 1,191 1,332 1,699 1,958 2,091 2,201
Operating Profit 122 44 117 100 104 148 180 130 234 275 198 140 99
OPM % 12% 5% 11% 9% 9% 12% 12% 10% 15% 14% 9% 6% 4%
6 4 14 9 16 23 38 44 71 32 31 72 129
Interest 11 10 6 9 5 4 19 31 19 5 7 11 19
Depreciation 27 29 34 40 41 47 42 49 49 54 58 68 69
Profit before tax 91 10 92 60 74 120 156 93 237 248 164 133 140
Tax % 34% 28% 27% 34% 26% 33% 35% 17% 21% 25% 21% 23%
61 7 67 40 55 81 102 77 188 186 130 103 113
EPS in Rs 81.26 9.55 89.59 53.15 73.19 108.21 135.88 102.59 250.58 247.31 172.60 136.56 150.50
Dividend Payout % 25% 53% 22% 33% 27% 21% 18% 20% 16% 26% 26% 28%
Compounded Sales Growth
10 Years: 10%
5 Years: 9%
3 Years: 13%
TTM: 6%
Compounded Profit Growth
10 Years: 24%
5 Years: -4%
3 Years: -26%
TTM: -61%
Stock Price CAGR
10 Years: 15%
5 Years: 17%
3 Years: -17%
1 Year: -12%
Return on Equity
10 Years: 14%
5 Years: 14%
3 Years: 12%
Last Year: 7%

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 7 7 7 7 7 7 8 8 8 8 8 8 8
Reserves 378 381 428 453 496 559 639 698 869 1,023 1,107 1,183 1,271
175 68 120 158 72 67 390 429 149 73 125 318 279
226 268 296 289 305 386 416 403 375 430 437 443 423
Total Liabilities 787 724 852 906 880 1,019 1,453 1,537 1,401 1,534 1,676 1,952 1,981
340 380 480 505 508 492 556 566 592 588 670 673 681
CWIP 19 33 7 11 7 49 29 27 8 22 31 41 65
Investments 9 9 9 9 20 121 274 290 304 274 274 376 434
418 303 355 382 346 357 594 653 498 650 701 862 801
Total Assets 787 724 852 906 880 1,019 1,453 1,537 1,401 1,534 1,676 1,952 1,981

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
13 203 57 38 151 187 -68 71 293 138 124 77
-55 -77 -93 -52 -36 -165 -219 -56 35 -18 -125 -171
42 -128 34 12 -109 -20 284 -15 -323 -118 -4 153
Net Cash Flow 0 -2 -2 -2 6 2 -3 -1 5 3 -5 59

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 36 28 23 34 28 28 29 26 18 16 19 22
Inventory Days 164 122 133 130 138 107 113 154 94 117 107 116
Days Payable 56 90 84 73 92 113 115 117 75 69 68 67
Cash Conversion Cycle 143 61 72 91 75 22 27 63 37 64 57 71
Working Capital Days 72 18 25 38 17 -7 -6 14 8 21 31 39
ROCE % 21% 5% 19% 12% 13% 19% 20% 11% 24% 23% 15% 8%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
40.71% 40.71% 40.71% 40.71% 40.60% 40.58% 40.58% 40.58% 40.57% 40.57% 40.57% 40.57%
3.13% 3.13% 2.94% 3.01% 2.65% 2.80% 2.54% 2.47% 2.47% 2.21% 1.54% 1.35%
5.14% 5.15% 5.02% 3.29% 3.30% 3.38% 3.45% 3.31% 3.33% 3.27% 3.27% 3.57%
4.07% 4.07% 4.07% 4.07% 4.05% 4.05% 4.05% 4.05% 4.05% 4.05% 4.05% 4.05%
46.95% 46.93% 47.26% 48.92% 49.39% 49.17% 49.36% 49.58% 49.57% 49.91% 50.57% 50.45%
No. of Shareholders 38,55339,07739,40540,69140,80440,53140,03739,70438,39236,97236,33934,954

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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