Financials Hindustan Adhesives Limited

Equities

HINDADH6

INE074C01013

Paper Packaging

Market Closed - Bombay S.E. 11:10:43 31/05/2024 BST 5-day change 1st Jan Change
404.8 INR +3.48% Intraday chart for Hindustan Adhesives Limited +2.42% +23.41%

Valuation

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Capitalization 1 542.3 378.4 351 593.5 2,732 1,001
Enterprise Value (EV) 1 1,019 890.3 1,039 1,391 3,502 1,653
P/E ratio 21.8 x 16 x 5.33 x 6.78 x 21.8 x 20.6 x
Yield - - - - - -
Capitalization / Revenue 0.71 x 0.27 x 0.22 x 0.27 x 0.61 x 0.31 x
EV / Revenue 1.34 x 0.63 x 0.67 x 0.64 x 0.78 x 0.51 x
EV / EBITDA 12 x 6.44 x 6.67 x 5.79 x 10.5 x 8.18 x
EV / FCF -3.26 x -14 x -5.42 x -5.24 x -637 x 17.1 x
FCF Yield -30.6% -7.16% -18.4% -19.1% -0.16% 5.86%
Price to Book 2.03 x 1.29 x 1.01 x 1.37 x 4.98 x 1.68 x
Nbr of stocks (in thousands) 5,116 5,116 5,116 5,116 5,116 5,116
Reference price 2 106.0 73.95 68.60 116.0 534.0 195.6
Announcement Date 05/09/18 04/09/19 31/08/20 04/09/21 08/09/22 01/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 759.6 1,413 1,561 2,163 4,491 3,216
EBITDA 1 84.9 138.3 155.8 240 332.2 202.2
EBIT 1 53.7 80.6 86.93 157.5 222.9 92.35
Operating Margin 7.07% 5.71% 5.57% 7.28% 4.96% 2.87%
Earnings before Tax (EBT) 1 33.5 35.5 57.4 136.7 181.3 58.26
Net income 1 24.9 23.7 65.81 87.49 125.2 48.62
Net margin 3.28% 1.68% 4.22% 4.05% 2.79% 1.51%
EPS 2 4.860 4.632 12.86 17.10 24.47 9.500
Free Cash Flow 1 -312.2 -63.74 -191.7 -265.3 -5.501 96.89
FCF margin -41.1% -4.51% -12.28% -12.26% -0.12% 3.01%
FCF Conversion (EBITDA) - - - - - 47.93%
FCF Conversion (Net income) - - - - - 199.31%
Dividend per Share - - - - - -
Announcement Date 05/09/18 04/09/19 31/08/20 04/09/21 08/09/22 01/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net Debt 1 477 512 688 797 771 652
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.615 x 3.701 x 4.419 x 3.321 x 2.319 x 3.227 x
Free Cash Flow 1 -312 -63.7 -192 -265 -5.5 96.9
ROE (net income / shareholders' equity) 9.77% 8.45% 20.6% 22.5% 25.5% 8.49%
ROA (Net income/ Total Assets) 4.35% 4.87% 4.58% 6.8% 7.64% 3.13%
Assets 1 572.5 487.1 1,436 1,287 1,639 1,556
Book Value Per Share 2 52.30 57.30 67.70 84.60 107.0 117.0
Cash Flow per Share 2 2.990 4.690 2.790 7.670 6.650 2.260
Capex 1 317 102 232 237 149 80.6
Capex / Sales 41.71% 7.23% 14.87% 10.98% 3.31% 2.5%
Announcement Date 05/09/18 04/09/19 31/08/20 04/09/21 08/09/22 01/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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