Indian Hume Pipe Company Ltd
The Indian Hume Pipe Co. Ltd. was incorporated in 1926. The Company is in the business of manufacturing, laying and joining of pipelines. The Company has also been undertaking infrastructure development programmes by way of execution on turnkey basis the combined water supply projects. The company also manufactures and supplies Concrete Railway Sleepers to Indian Railways. [1]
- Market Cap ₹ 2,104 Cr.
- Current Price ₹ 399
- High / Low ₹ 614 / 231
- Stock P/E 20.4
- Book Value ₹ 164
- Dividend Yield 0.38 %
- ROCE 13.2 %
- ROE 10.1 %
- Face Value ₹ 2.00
Pros
Cons
- The company has delivered a poor sales growth of -3.34% over past five years.
- Company has a low return on equity of 9.21% over last 3 years.
- Promoters have pledged 30.7% of their holding.
- Company has high debtors of 174 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.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Part of BSE Industrials BSE Allcap BSE SmallCap
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
696 | 819 | 1,010 | 939 | 1,792 | 1,521 | 1,646 | 1,624 | 1,241 | 1,520 | 1,543 | 1,389 | 1,441 | |
635 | 747 | 900 | 842 | 1,586 | 1,370 | 1,459 | 1,433 | 1,116 | 1,364 | 1,400 | 1,206 | 1,237 | |
Operating Profit | 61 | 72 | 110 | 97 | 206 | 152 | 186 | 190 | 125 | 157 | 143 | 182 | 205 |
OPM % | 9% | 9% | 11% | 10% | 12% | 10% | 11% | 12% | 10% | 10% | 9% | 13% | 14% |
5 | 8 | 13 | 3 | 3 | 3 | 12 | 5 | 27 | 5 | 22 | 9 | 8 | |
Interest | 25 | 35 | 48 | 45 | 46 | 43 | 54 | 77 | 76 | 66 | 77 | 74 | 61 |
Depreciation | 7 | 8 | 12 | 10 | 11 | 11 | 12 | 18 | 20 | 17 | 16 | 14 | 14 |
Profit before tax | 33 | 38 | 62 | 45 | 153 | 100 | 132 | 100 | 57 | 78 | 72 | 103 | 138 |
Tax % | 32% | 37% | 33% | 35% | 35% | 34% | 35% | 27% | 26% | 26% | 23% | 25% | |
23 | 24 | 42 | 29 | 100 | 66 | 86 | 73 | 42 | 58 | 56 | 78 | 103 | |
EPS in Rs | 4.72 | 4.97 | 8.59 | 6.01 | 20.57 | 13.64 | 17.82 | 15.15 | 8.67 | 11.93 | 11.50 | 14.74 | 19.59 |
Dividend Payout % | 23% | 24% | 17% | 27% | 17% | 25% | 20% | 13% | 23% | 17% | 17% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | -3% |
3 Years: | 4% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | -2% |
3 Years: | 23% |
TTM: | 117% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 14% |
3 Years: | 26% |
1 Year: | 62% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 10% |
3 Years: | 9% |
Last Year: | 10% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 |
Reserves | 232 | 249 | 282 | 302 | 390 | 443 | 510 | 559 | 593 | 641 | 686 | 819 | 855 |
176 | 248 | 306 | 318 | 268 | 342 | 474 | 672 | 560 | 587 | 633 | 511 | 607 | |
317 | 380 | 415 | 439 | 605 | 746 | 796 | 783 | 732 | 736 | 852 | 741 | 818 | |
Total Liabilities | 730 | 882 | 1,007 | 1,063 | 1,274 | 1,541 | 1,790 | 2,024 | 1,894 | 1,973 | 2,181 | 2,081 | 2,291 |
80 | 84 | 75 | 73 | 78 | 77 | 90 | 142 | 126 | 127 | 114 | 115 | 114 | |
CWIP | 1 | 1 | 0 | 3 | 1 | 2 | 18 | 1 | 1 | 0 | 0 | 1 | 19 |
Investments | 2 | 2 | 1 | 0 | 3 | 2 | 3 | 2 | 3 | 4 | 4 | 76 | 7 |
648 | 796 | 931 | 987 | 1,192 | 1,459 | 1,679 | 1,878 | 1,764 | 1,842 | 2,063 | 1,888 | 2,151 | |
Total Assets | 730 | 882 | 1,007 | 1,063 | 1,274 | 1,541 | 1,790 | 2,024 | 1,894 | 1,973 | 2,181 | 2,081 | 2,291 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | -34 | -4 | 46 | 152 | -31 | -5 | -32 | 185 | 56 | 19 | 213 | |
-10 | -9 | 6 | -10 | -21 | -18 | -54 | -60 | -9 | -15 | 11 | -68 | |
1 | 38 | 4 | -48 | -42 | -10 | 71 | 55 | -171 | -93 | -62 | -37 | |
Net Cash Flow | -5 | -5 | 6 | -12 | 89 | -59 | 12 | -36 | 4 | -51 | -31 | 108 |
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 | 102 | 102 | 121 | 130 | 82 | 114 | 133 | 141 | 163 | 169 | 176 | 174 |
Inventory Days | 389 | 847 | 1,094 | 1,682 | 190 | 118 | 237 | 195 | 607 | |||
Days Payable | 194 | 438 | 676 | 992 | 1,004 | 1,079 | 1,660 | 1,361 | 2,012 | |||
Cash Conversion Cycle | 297 | 510 | 539 | 821 | -733 | -847 | -1,290 | -1,026 | 163 | 169 | 176 | -1,231 |
Working Capital Days | 159 | 175 | 175 | 204 | 96 | 157 | 168 | 206 | 247 | 224 | 249 | 268 |
ROCE % | 14% | 15% | 18% | 15% | 31% | 20% | 21% | 16% | 11% | 12% | 12% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Financial Results for the 2nd quarter and 1st half year ended 30th September, 2024 as per attached letter.
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Intimation Under Regulation 8(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015.
13 Nov - Amendment of Fair Disclosure Code approved by Board.
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Intimation Under Regulation 30 (5) Of SEBI (LODR) Regulations, 2015
13 Nov - Revised list of key managerial personnel approved.
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Appointment of Company Secretary and Compliance Officer
13 Nov - Appointment of new Company Secretary and Compliance Officer.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
13 Nov - Unaudited financial results for Q2 FY 2024-25.
Annual reports
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Financial Year 2024
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Financial Year 2023
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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 2012
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Financial Year 2011
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Products & Services
EPC contracts: Construction, maintenance, laying, and joining of pipelines of various pipe materials, for providing infrastructure facilities of drinking water supply projects, etc
Manufacturing and sale: Bar Wrapped Steel Cylinder pipes (BWSC), Prestressed Concrete Cylinder pipes (PCCP), Manufacturing of Steel pipes, Prestressed Concrete Railway Sleepers, etc. [1]
With an increased focus on EPC contract business, the pipe manufacturing segment contributes less than 10% to the total revenue of the co. [2]