Hindprakash Industries Ltd
Incorporated in 2008, Hindprakash Industries
Ltd does manufacturing and trading of dyes, intermediates, auxiliary, chemicals and other merchandise, etc.[1]
- Market Cap ₹ 167 Cr.
- Current Price ₹ 145
- High / Low ₹ 211 / 103
- Stock P/E 90.0
- Book Value ₹ 44.6
- Dividend Yield 0.34 %
- ROCE 6.93 %
- ROE 3.28 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 32.2%
Cons
- Stock is trading at 3.26 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.58% over past five years.
- Company has a low return on equity of 5.40% over last 3 years.
- Earnings include an other income of Rs.2.33 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: Chemicals Industry: Dyes And Pigments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
43.76 | 57.91 | 82.24 | 83.47 | 86.11 | 87.32 | 96.66 | 105.02 | 90.08 | 103.61 | 100.79 | 99.50 | 84.74 | |
42.48 | 54.32 | 77.02 | 79.12 | 81.40 | 82.54 | 92.49 | 100.39 | 87.13 | 99.91 | 96.96 | 95.58 | 81.49 | |
Operating Profit | 1.28 | 3.59 | 5.22 | 4.35 | 4.71 | 4.78 | 4.17 | 4.63 | 2.95 | 3.70 | 3.83 | 3.92 | 3.25 |
OPM % | 2.93% | 6.20% | 6.35% | 5.21% | 5.47% | 5.47% | 4.31% | 4.41% | 3.27% | 3.57% | 3.80% | 3.94% | 3.84% |
0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.13 | 1.35 | 1.59 | 1.50 | 1.20 | 1.76 | 1.26 | 2.33 | |
Interest | 0.00 | 1.39 | 1.77 | 1.33 | 1.30 | 1.21 | 1.27 | 1.26 | 1.06 | 0.92 | 1.79 | 2.62 | 2.59 |
Depreciation | 0.00 | 0.06 | 0.12 | 0.14 | 0.16 | 0.19 | 0.20 | 0.20 | 0.17 | 0.31 | 0.47 | 0.44 | 0.42 |
Profit before tax | 1.28 | 2.15 | 3.35 | 2.89 | 3.25 | 3.51 | 4.05 | 4.76 | 3.22 | 3.67 | 3.33 | 2.12 | 2.57 |
Tax % | 33.59% | 33.49% | 34.03% | 33.56% | 33.85% | 33.90% | 29.14% | 28.57% | 25.16% | 25.61% | 26.13% | 28.30% | |
0.84 | 1.44 | 2.21 | 1.92 | 2.14 | 2.32 | 2.86 | 3.40 | 2.41 | 2.73 | 2.46 | 1.53 | 1.86 | |
EPS in Rs | 7.64 | 6.68 | 10.25 | 8.91 | 9.93 | 10.76 | 3.79 | 3.26 | 2.31 | 2.62 | 2.36 | 1.34 | 1.69 |
Dividend Payout % | 2.62% | 3.00% | 1.95% | 1.12% | 0.00% | 0.47% | 1.32% | 30.65% | 43.24% | 38.17% | 21.18% | 37.32% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 1% |
3 Years: | 3% |
TTM: | -27% |
Compounded Profit Growth | |
---|---|
10 Years: | 1% |
5 Years: | -12% |
3 Years: | -14% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 40% |
1 Year: | 37% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 7% |
3 Years: | 5% |
Last Year: | 3% |
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 | 1.10 | 2.16 | 2.16 | 2.16 | 2.16 | 2.16 | 7.54 | 10.42 | 10.42 | 10.42 | 10.42 | 11.42 | 11.42 |
Reserves | 4.16 | 6.00 | 8.16 | 10.06 | 12.22 | 14.53 | 11.96 | 23.96 | 26.08 | 27.87 | 32.18 | 38.76 | 39.54 |
7.64 | 10.56 | 14.85 | 8.96 | 10.88 | 11.44 | 15.25 | 5.61 | 9.76 | 9.16 | 21.41 | 22.35 | 23.93 | |
8.53 | 13.93 | 10.82 | 7.34 | 9.41 | 3.03 | 13.38 | 16.56 | 9.55 | 8.19 | 15.93 | 12.17 | 12.82 | |
Total Liabilities | 21.43 | 32.65 | 35.99 | 28.52 | 34.67 | 31.16 | 48.13 | 56.55 | 55.81 | 55.64 | 79.94 | 84.70 | 87.71 |
2.15 | 2.77 | 2.70 | 3.30 | 3.37 | 3.31 | 10.97 | 11.05 | 11.61 | 10.82 | 15.45 | 15.15 | 15.04 | |
CWIP | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 1.02 | 1.65 | 2.71 | 0.00 | 0.30 | 0.38 |
Investments | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.07 | 4.94 | 4.62 | 4.63 |
19.22 | 29.84 | 33.25 | 25.18 | 31.26 | 27.81 | 36.87 | 44.44 | 42.51 | 42.04 | 59.55 | 64.63 | 67.66 | |
Total Assets | 21.43 | 32.65 | 35.99 | 28.52 | 34.67 | 31.16 | 48.13 | 56.55 | 55.81 | 55.64 | 79.94 | 84.70 | 87.71 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6.11 | -0.43 | 0.67 | -0.59 | -1.11 | -2.45 | 2.59 | 5.16 | 3.24 | ||||
-0.73 | -0.20 | 0.01 | -7.16 | 0.74 | 0.15 | 0.53 | -12.81 | -8.22 | ||||
-7.25 | 0.63 | -0.65 | 7.72 | 0.45 | 2.20 | -3.11 | 8.27 | 4.38 | ||||
Net Cash Flow | -1.88 | 0.00 | 0.03 | -0.03 | 0.07 | -0.09 | 0.01 | 0.62 | -0.59 |
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 | 86.50 | 89.63 | 74.30 | 55.27 | 69.64 | 55.97 | 83.49 | 76.60 | 94.65 | 81.69 | 118.02 | 95.27 |
Inventory Days | 58.19 | 47.55 | 41.35 | 47.46 | 45.75 | 43.47 | 52.32 | 65.61 | 60.21 | 63.54 | 79.37 | |
Days Payable | 92.57 | 50.51 | 31.43 | 39.72 | 11.43 | 31.98 | 38.34 | 16.25 | 11.82 | 58.12 | 45.01 | |
Cash Conversion Cycle | 86.50 | 55.24 | 71.33 | 65.19 | 77.38 | 90.29 | 94.98 | 90.58 | 144.01 | 130.09 | 123.44 | 129.62 |
Working Capital Days | 86.66 | 89.75 | 91.78 | 78.80 | 93.80 | 104.46 | 106.90 | 113.41 | 151.58 | 131.93 | 134.79 | 137.89 |
ROCE % | 10.64% | 22.33% | 23.33% | 18.21% | 19.60% | 17.76% | 16.92% | 16.11% | 9.92% | 9.80% | 9.19% | 6.93% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2h
-
Report Under Regulation 10(7) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
18 Nov - Report on inter-se transfer of shares among promoters.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspapers Publication of extract of financial results for quarter and half year ended September 30, 2024
-
Statement Of Deviation(S) Or Variation(S) Pursuant To Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Quarter Ended On September 30, 2024
13 Nov - Submission of deviation statement for fund utilization.
-
Appointment of Company Secretary and Compliance Officer
13 Nov - Board approved unaudited financial results for Q2 FY2024.
Business Overview:[1]
Company is a part of Hindprakash Group. It manufactures Dyestuffs, Dye Intermediate, Textile Chemicals, Auxiliaries, Adhesive, Paint Binders and Intermediates