Financials Hindustan Hardy Limited

Equities

HINDHARD6

INE724D01011

Industrial Machinery & Equipment

Market Closed - Bombay S.E. 11:00:57 14/06/2024 BST 5-day change 1st Jan Change
476.4 INR +1.36% Intraday chart for Hindustan Hardy Limited +7.94% -9.70%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 149.8 164.8 111.6 221.4 358.1 356.6
Enterprise Value (EV) 1 188.7 214.1 146.9 250.5 407.4 372.5
P/E ratio 16.4 x 42.1 x 355 x 6.95 x 9.73 x 9.29 x
Yield - 1.09% - 1.35% 0.84% 0.92%
Capitalization / Revenue 0.4 x 0.35 x 0.29 x 0.5 x 0.57 x 0.57 x
EV / Revenue 0.5 x 0.46 x 0.38 x 0.56 x 0.65 x 0.59 x
EV / EBITDA 18.9 x 7.99 x 20.1 x 4.83 x 6.93 x 6.1 x
EV / FCF -14.1 x -22.8 x 13 x -82.5 x -13.8 x 13.2 x
FCF Yield -7.11% -4.39% 7.72% -1.21% -7.25% 7.56%
Price to Book 1.84 x 1.9 x 1.32 x 1.92 x 2.39 x 1.92 x
Nbr of stocks (in thousands) 1,498 1,498 1,498 1,498 1,498 1,498
Reference price 2 100.0 110.0 74.50 147.8 239.0 238.0
Announcement Date 28/09/18 12/07/19 31/08/20 05/09/21 05/09/22 22/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 379.1 466.3 391 446.1 625.8 630.9
EBITDA 1 10.01 26.78 7.317 51.86 58.82 61.02
EBIT 1 3.651 21.16 1.526 45.87 51.92 52.27
Operating Margin 0.96% 4.54% 0.39% 10.28% 8.3% 8.28%
Earnings before Tax (EBT) 1 9.245 17.05 1.316 44.08 50.23 52.52
Net income 1 9.149 3.914 0.319 31.85 36.82 38.37
Net margin 2.41% 0.84% 0.08% 7.14% 5.88% 6.08%
EPS 2 6.106 2.610 0.2100 21.25 24.57 25.61
Free Cash Flow 1 -13.42 -9.402 11.34 -3.037 -29.55 28.16
FCF margin -3.54% -2.02% 2.9% -0.68% -4.72% 4.46%
FCF Conversion (EBITDA) - - 155% - - 46.14%
FCF Conversion (Net income) - - 3,555.29% - - 73.38%
Dividend per Share - 1.200 - 2.000 2.000 2.200
Announcement Date 28/09/18 12/07/19 31/08/20 05/09/21 05/09/22 22/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 38.9 49.3 35.3 29.1 49.2 15.8
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.885 x 1.839 x 4.818 x 0.561 x 0.8372 x 0.2593 x
Free Cash Flow 1 -13.4 -9.4 11.3 -3.04 -29.5 28.2
ROE (net income / shareholders' equity) 11.8% 4.66% 0.37% 31.9% 27.8% 22.9%
ROA (Net income/ Total Assets) 0.95% 5.19% 0.38% 10.6% 10.1% 9.33%
Assets 1 958.2 75.41 83.22 299.2 364 411.3
Book Value Per Share 2 54.40 57.70 56.40 76.80 99.80 124.0
Cash Flow per Share 2 0.9800 0.4900 0.5200 4.600 10.20 15.10
Capex 1 4.73 10.7 10.3 9.27 23.1 10.6
Capex / Sales 1.25% 2.29% 2.64% 2.08% 3.69% 1.69%
Announcement Date 28/09/18 12/07/19 31/08/20 05/09/21 05/09/22 22/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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