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 ₹ 2,227 Cr.
- Current Price ₹ 423
- High / Low ₹ 443 / 212
- Stock P/E 28.7
- Book Value ₹ 157
- Dividend Yield 0.35 %
- ROCE 12.6 %
- ROE 10.2 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 2.69 times its book value
- The company has delivered a poor sales growth of -3.34% over past five years.
- Company has a low return on equity of 9.24% 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: Construction Industry: Construction
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
696 | 819 | 1,010 | 939 | 1,792 | 1,521 | 1,646 | 1,624 | 1,241 | 1,520 | 1,543 | 1,389 | |
635 | 747 | 900 | 842 | 1,586 | 1,370 | 1,459 | 1,433 | 1,116 | 1,364 | 1,400 | 1,216 | |
Operating Profit | 61 | 72 | 110 | 97 | 206 | 152 | 186 | 190 | 125 | 157 | 143 | 173 |
OPM % | 9% | 9% | 11% | 10% | 12% | 10% | 11% | 12% | 10% | 10% | 9% | 12% |
5 | 8 | 13 | 3 | 3 | 3 | 12 | 5 | 27 | 5 | 22 | 9 | |
Interest | 25 | 35 | 48 | 45 | 46 | 43 | 54 | 77 | 76 | 66 | 77 | 64 |
Depreciation | 7 | 8 | 12 | 10 | 11 | 11 | 12 | 18 | 20 | 17 | 16 | 14 |
Profit before tax | 33 | 38 | 62 | 45 | 153 | 100 | 132 | 100 | 57 | 78 | 72 | 103 |
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 | |
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 |
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: | -10% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | -2% |
3 Years: | 24% |
TTM: | 40% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 6% |
3 Years: | 21% |
1 Year: | 77% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 |
Reserves | 232 | 249 | 282 | 302 | 390 | 443 | 510 | 559 | 593 | 641 | 686 | 819 |
176 | 248 | 306 | 318 | 268 | 342 | 474 | 672 | 560 | 587 | 633 | 511 | |
317 | 380 | 415 | 439 | 605 | 746 | 796 | 783 | 732 | 736 | 852 | 741 | |
Total Liabilities | 730 | 882 | 1,007 | 1,063 | 1,274 | 1,541 | 1,790 | 2,024 | 1,894 | 1,973 | 2,181 | 2,081 |
80 | 84 | 75 | 73 | 78 | 77 | 90 | 142 | 126 | 127 | 114 | 115 | |
CWIP | 1 | 1 | 0 | 3 | 1 | 2 | 18 | 1 | 1 | 0 | 0 | 1 |
Investments | 2 | 2 | 1 | 0 | 3 | 2 | 3 | 2 | 3 | 4 | 4 | 76 |
648 | 796 | 931 | 987 | 1,192 | 1,459 | 1,679 | 1,878 | 1,764 | 1,842 | 2,063 | 1,888 | |
Total Assets | 730 | 882 | 1,007 | 1,063 | 1,274 | 1,541 | 1,790 | 2,024 | 1,894 | 1,973 | 2,181 | 2,081 |
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 | 49 | |||
Days Payable | 194 | 438 | 676 | 992 | 1,004 | 1,079 | 1,660 | 1,361 | 163 | |||
Cash Conversion Cycle | 297 | 510 | 539 | 821 | -733 | -847 | -1,290 | -1,026 | 163 | 169 | 176 | 60 |
Working Capital Days | 159 | 175 | 175 | 204 | 96 | 157 | 168 | 206 | 247 | 224 | 249 | 287 |
ROCE % | 14% | 15% | 18% | 15% | 31% | 20% | 21% | 16% | 11% | 12% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - News paper publication as per attached letter & Notices.
- Closure of Trading Window 28 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 12 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Results 31-03-2024 as per attached letter.
- The Register Of Members And Share Transfer Books Of The Company Will Remain Closed From Saturday, 20Th July, 2024 To Thursday, 1St August, 2024 (Both Days Inclusive) For Taking Record Of The Members Of The Company For The Of Purpose Of Holding 98Th Annual General Meeting Of The Company And Payment Of Dividend, If Declared. 16 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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]