Hindusthan National Glass & Industries Ltd

Hindusthan National Glass & Industries Ltd

₹ 23.2 -0.22%
22 Nov 1:05 p.m.
About

Incorporated in 1946, Hindusthan National
Glass & Industries Ltd does manufacturing
of container glasses[1]

Key Points

Product Profile:
a) Food & Beverage:[1]
Company supplies glass bottles that are made from 100% natural sustainable recyclable raw materials
b) Pharmaceutical & Wellness:[2]
Company manufactures amber bottles for packaging for medical purposes
c) Beer & Liquor:[3]
Company manufactures glass bottles for alcoholic beverages
d) Household & Cosmetics:[4]
Glass containers for Household, Cosmetics and Tumblers

  • Market Cap 208 Cr.
  • Current Price 23.2
  • High / Low 31.5 / 15.8
  • Stock P/E
  • Book Value 17.8
  • Dividend Yield 0.00 %
  • ROCE -1.53 %
  • ROE -101 %
  • Face Value 2.00

Pros

  • Company's working capital requirements have reduced from 51.3 days to 12.6 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -1.33% over past five years.
  • Company has a low return on equity of -52.4% over last 3 years.
  • Contingent liabilities of Rs.112 Cr.
  • Promoters have pledged 96.5% of their holding.

* 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

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
524 1,029 1,331 1,383 1,563 2,026 2,061 2,176 2,330 2,255 1,861 1,927
425 824 1,113 1,102 1,286 1,733 1,871 1,925 2,052 1,919 1,668 1,815
Operating Profit 99 206 217 282 276 294 190 251 278 335 193 113
OPM % 19% 20% 16% 20% 18% 14% 9% 12% 12% 15% 10% 6%
6 11 22 37 -3 19 -0 126 67 13 100 2
Interest 19 24 44 47 51 103 224 286 286 271 238 252
Depreciation 34 71 75 87 101 134 229 292 296 233 175 161
Profit before tax 52 122 120 185 121 76 -262 -201 -237 -155 -120 -298
Tax % 33% -32% 10% 17% 28% 7% -28% -12% 0% 2% 0% -1%
34 160 106 154 59 43 -188 -197 -238 -152 -114 -285
EPS in Rs 6.22 29.06 12.18 17.65 6.73 4.96 -21.52 -22.53 -27.26 -17.45 -13.10 -31.83
Dividend Payout % 3% 5% 9% 9% 23% 30% -0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: -1%
3 Years: -6%
TTM: 4%
Compounded Profit Growth
10 Years: %
5 Years: -15%
3 Years: 1%
TTM: -35%
Stock Price CAGR
10 Years: -16%
5 Years: -5%
3 Years: -7%
1 Year: 40%
Return on Equity
10 Years: -13%
5 Years: -47%
3 Years: -52%
Last Year: -101%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
Equity Capital 11 11 17 17 17 17 17 17 17 17 17 18
Reserves 229 862 932 1,037 1,132 1,078 904 715 458 499 381 141
251 421 510 567 642 2,325 3,053 2,999 2,999 2,853 2,568 2,530
142 213 299 342 347 666 748 718 704 625 623 638
Total Liabilities 633 1,507 1,758 1,963 2,139 4,086 4,723 4,450 4,178 3,995 3,589 3,328
337 853 908 1,111 1,148 1,616 2,959 2,915 2,576 2,637 2,294 2,146
CWIP 37 45 82 27 164 1,157 179 154 122 75 100 125
Investments 10 114 102 145 147 60 60 2 127 34 40 49
249 496 666 680 679 1,253 1,525 1,380 1,353 1,249 1,155 1,008
Total Assets 633 1,507 1,758 1,963 2,139 4,086 4,723 4,450 4,178 3,995 3,589 3,328

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
91 162 160 286 302 -1 56 392 249 363 166 249
-72 -170 -189 -294 -303 -1,559 -541 54 -34 27 89 -43
-20 15 23 2 2 1,565 512 -453 -235 -385 -265 -205
Net Cash Flow -1 7 -5 -6 1 5 27 -8 -20 5 -10 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
Debtor Days 63 58 62 58 58 64 93 76 73 72 78 75
Inventory Days 235 208 211 203 197 285 479 371 304 313 407 264
Days Payable 161 160 147 118 89 129 282 246 221 236 306 247
Cash Conversion Cycle 136 106 126 143 166 220 291 201 156 150 179 91
Working Capital Days 105 103 109 106 67 69 54 29 51 71 71 13
ROCE % 15% 16% 12% 15% 11% 7% -1% -1% -0% 3% 1% -2%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
70.73% 70.73% 70.73% 70.72% 70.72% 70.72% 70.72% 70.72% 70.72% 70.72% 70.72% 70.72%
0.00% 0.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
29.27% 28.94% 29.27% 29.28% 29.27% 29.26% 29.27% 29.27% 29.26% 29.27% 29.27% 29.28%
No. of Shareholders 7,26713,30214,37714,26814,11513,78313,35512,72012,05811,82811,56711,534

* 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.

Click on the line-items to see the names of individual entities.

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