Share Price and Basic Stock Data

Last Updated: October 15, 2024, 11:24 pm

Market Cap	238 Cr.
Current Price	26.6
High / Low	31.5/14.2
Stock P/E	1.06
Book Value	92.9
Dividend Yield	0.00 %
ROCE	19.9 %
ROE	%
Face Value	2.00
PEG Ratio	0.01

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Hindusthan National Glass & Industries Ltd

Competitors of Hindusthan National Glass & Industries Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Haldyn Glass Ltd	959 Cr.	178	189/108	46.8	37.1	0.39 %	12.9 %	9.75 %	1.00
Hindusthan National Glass & Industries Ltd	238 Cr.	26.6	31.5/14.2	1.06	92.9	0.00 %	19.9 %	%	2.00
Industry Average	598.50 Cr	102.30		23.93	65.00	0.20%	16.40%	9.75%	1.50

All Competitor Stocks of Hindusthan National Glass & Industries Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	425	494	585	592	634	572	589	661	701	612	617	622	554
Expenses	414	484	646	686	741	647	575	607	610	534	558	560	494
Operating Profit	11	9	-61	-94	-107	-75	14	54	91	78	60	62	60
OPM %	3%	2%	-10%	-16%	-17%	-13%	2%	8%	13%	13%	10%	10%	11%
Other Income	3	14	2	7	3	4	4	3	22	10	8	-75	6
Interest	52	52	13	4	3	8	2	15	3	0	1	1	1
Depreciation	30	30	30	29	30	28	25	23	23	23	23	20	19
Profit before tax	-68	-58	-102	-121	-137	-107	-8	19	87	65	45	-34	46
Tax %	0%	-0%	0%	0%	0%	0%	0%	2%	0%	0%	0%	-4%	-0%
Net Profit	-68	-58	-102	-121	-137	-107	-8	19	87	65	45	-33	46
EPS in Rs	-7.54	-6.50	-11.39	-13.49	-15.35	-11.95	-0.85	2.09	9.72	7.25	4.98	-3.71	5.19

Last Updated: October 9, 2024, 3:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 9, 2024, 3:16 pm

Month	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
Sales	1,826	1,814	1,998	1,979	1,854	1,960	2,392	2,286	1,899	2,087	2,457	2,552	2,405
Expenses	1,669	1,636	1,783	1,712	1,660	1,848	2,261	2,024	1,855	2,228	2,571	2,262	2,146
Operating Profit	157	178	214	267	193	113	131	263	44	-141	-113	290	259
OPM %	9%	10%	11%	13%	10%	6%	5%	11%	2%	-7%	-5%	11%	11%
Other Income	-1	86	63	5	93	2	107	16	-3	32	14	-35	-51
Interest	204	257	259	255	238	252	253	233	210	120	27	4	2
Depreciation	198	247	254	199	175	161	159	148	134	119	106	88	84
Profit before tax	-246	-239	-236	-182	-127	-298	-173	-103	-304	-349	-233	162	122
Tax %	-30%	-9%	0%	0%	0%	-1%	0%	-0%	0%	0%	0%	-1%
Net Profit	-172	-218	-237	-182	-127	-295	-173	-103	-304	-349	-233	163	123
EPS in Rs	-19.67	-24.98	-27.14	-20.87	-14.55	-32.89	-19.31	-11.50	-33.96	-38.92	-26.05	18.24	13.71
Dividend Payout %	-1%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-26.74%	-8.72%	23.21%	30.22%	-132.28%	41.36%	40.46%	-195.15%	-14.80%	33.24%	169.96%
Change in YoY Net Profit Growth (%)	0.00%	18.03%	31.92%	7.01%	-162.50%	173.64%	-0.89%	-235.61%	180.34%	48.04%	136.72%

Hindusthan National Glass & Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	1%
3 Years:	10%
TTM:	-5%

Compounded Profit Growth
10 Years:	11%
5 Years:	25%
3 Years:	43%
TTM:	2644%

Stock Price CAGR
10 Years:	-15%
5 Years:	-3%
3 Years:	-9%
1 Year:	55%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: September 15, 2024, 3:31 pm

Month	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	17	17	17	17	17	18	18	18	18	18	18	18
Reserves	983	749	495	505	377	129	-39	-143	-450	-784	-1,016	-850
Borrowings	2,697	2,561	2,697	2,602	2,568	2,530	2,391	2,445	2,255	2,225	2,264	2,264
Other Liabilities	711	646	662	595	623	638	809	863	1,187	1,484	1,592	1,468
Total Liabilities	4,408	3,974	3,870	3,720	3,586	3,315	3,179	3,184	3,010	2,942	2,858	2,900
Fixed Assets	2,687	2,505	2,307	2,424	2,294	2,146	2,037	1,926	1,775	1,682	1,631	1,446
CWIP	148	146	121	75	100	125	110	87	86	83	24	29
Investments	181	145	233	108	36	36	2	2	1	1	1	1
Other Assets	1,392	1,178	1,210	1,113	1,155	1,008	1,030	1,169	1,148	1,176	1,201	1,424
Total Assets	4,408	3,974	3,870	3,720	3,586	3,315	3,179	3,184	3,010	2,942	2,858	2,900

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	61	338	180	308	166	249	219	-70	198	38	53	176
Cash from Investing Activity	-457	118	-75	52	96	-43	96	14	-14	1	3	-1
Cash from Financing Activity	423	-465	-130	-356	-265	-205	-166	5	-134	-35	-2	0
Net Cash Flow	27	-9	-25	4	-3	1	149	-51	50	4	54	175

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	155.00	176.00	212.00	265.00	191.00	111.00	129.00	261.00	42.00	-143.00	-115.00	288.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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	98	75	79	77	79	73	56	51	66	61	44	44
Inventory Days	461	361	284	287	407	264	178	240	284	208	161	257
Days Payable	300	264	228	250	306	247	165	117	175	220	205	221
Cash Conversion Cycle	259	173	135	115	179	90	70	175	175	48	1	79
Working Capital Days	52	23	52	75	71	12	-71	-118	-42	-84	-98	-73
ROCE %	-1%	-2%	-1%	2%	1%	-2%	-0%	6%	-4%	-14%	-15%	20%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	70.73%	70.73%	70.73%	70.73%	70.72%	70.72%	70.72%	70.72%	70.72%	70.72%	70.72%	70.72%
FIIs	0.00%	0.00%	0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	29.27%	29.27%	28.94%	29.27%	29.28%	29.27%	29.26%	29.27%	29.27%	29.26%	29.27%	29.27%
No. of Shareholders	6,423	7,267	13,302	14,377	14,268	14,115	13,783	13,355	12,720	12,058	11,828	11,567

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 18	Mar 17	Mar 16	Mar 15	Mar 14
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	-32.28	-13.10	-17.45	-27.26	-22.53
Diluted EPS (Rs.)	-32.28	-13.10	-17.45	-27.26	-22.53
Cash EPS (Rs.)	-14.92	6.25	8.50	6.62	13.05
Book Value[Excl.RevalReserv]/Share (Rs.)	17.80	45.57	59.08	44.31	73.44
Book Value[Incl.RevalReserv]/Share (Rs.)	17.80	45.57	59.08	54.40	83.90
Revenue From Operations / Share (Rs.)	215.22	213.03	258.14	266.76	249.14
PBDIT / Share (Rs.)	12.80	21.89	39.90	39.44	43.17
PBIT / Share (Rs.)	-5.17	1.87	13.27	5.56	9.78
PBT / Share (Rs.)	-33.29	-13.77	-17.80	-27.15	-23.01
Net Profit / Share (Rs.)	-32.89	-13.77	-18.13	-27.26	-20.35
NP After MI And SOA / Share (Rs.)	-31.83	-13.10	-17.45	-27.26	-22.53
PBDIT Margin (%)	5.94	10.27	15.45	14.78	17.32
PBIT Margin (%)	-2.40	0.87	5.14	2.08	3.92
PBT Margin (%)	-15.46	-6.46	-6.89	-10.17	-9.23
Net Profit Margin (%)	-15.28	-6.46	-7.02	-10.21	-8.16
NP After MI And SOA Margin (%)	-14.78	-6.14	-6.75	-10.21	-9.04
Return on Networth / Equity (%)	-178.80	-28.74	-29.53	-61.52	-30.67
Return on Capital Employeed (%)	-2.53	0.70	4.27	1.91	3.08
Return On Assets (%)	-8.56	-3.18	-3.81	-5.69	-4.42
Long Term Debt / Equity (X)	10.34	4.75	4.21	5.25	3.14
Total Debt / Equity (X)	14.09	6.07	5.25	7.05	4.04
Asset Turnover Ratio (%)	0.55	0.49	0.50	0.48	0.41
Current Ratio (X)	0.65	0.87	0.93	0.85	0.77
Quick Ratio (X)	0.32	0.40	0.45	0.47	0.40
Inventory Turnover Ratio (X)	1.09	0.98	1.13	1.09	0.97
Interest Coverage Ratio (X)	0.45	0.80	1.28	1.21	1.32
Interest Coverage Ratio (Post Tax) (X)	-0.16	0.06	0.41	0.16	0.37
Enterprise Value (Cr.)	3199.30	3335.47	3384.16	3670.82	3866.43
EV / Net Operating Revenue (X)	1.66	1.79	1.50	1.58	1.78
EV / EBITDA (X)	27.91	17.45	9.71	10.66	10.25
MarketCap / Net Operating Revenue (X)	0.49	0.49	0.30	0.40	0.60
Price / BV (X)	6.03	2.32	1.34	2.46	2.04
Price / Net Operating Revenue (X)	0.49	0.49	0.30	0.40	0.60
EarningsYield	-0.29	-0.12	-0.22	-0.25	-0.15

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hindusthan National Glass & Industries Ltd as of October 18, 2024 is: ₹15.07

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of October 18, 2024, Hindusthan National Glass & Industries Ltd is Overvalued by 43.35% compared to the current share price ₹26.60

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of Hindusthan National Glass & Industries Ltd as of October 18, 2024 is: ₹32.78

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of October 18, 2024, Hindusthan National Glass & Industries Ltd is Undervalued by 23.23% compared to the current share price ₹26.60

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 117.50%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -16.75, which is a positive sign.	The stock has a low average ROCE of -0.83%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 124.92, which may not be favorable. The company has higher borrowings (2,458.25) compared to reserves (-3.67), which may suggest financial risk. The company has not shown consistent growth in sales (1.46) and profit (-169.69).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Hindusthan National Glass & Industries Ltd:
1. Net Profit Margin: -15.28%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -2.53% (Industry Average ROCE: 16.4%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -178.8% (Industry Average ROE: 9.75%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -0.16
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.32
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 1.06 (Industry average Stock P/E: 23.93)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 14.09
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Hindusthan National Glass & Industries Ltd. is a Public Limited Listed company incorporated on 23/02/1946 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L26109WB1946PLC013294 and registration number is 013294. Currently company belongs to the Industry of Glass & Glass Products. Company’s Total Operating Revenue is Rs. 2097.00 Cr. and Equity Capital is Rs. 17.91 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Glass & Glass Products	2, Red Cross Place, Kolkata West Bengal 700001	cosec@hngil.com http://www.hngil.com

Management
Name	Position Held
Mr. Ratna Kumar Daga	Independent Director
Mrs. Rita Bhimani	Independent Director
Mr. Amal Chandra Saha	Independent Director

FAQ

What is the latest fair value of Hindusthan National Glass & Industries Ltd?

The latest fair value of Hindusthan National Glass & Industries Ltd is ₹15.07.

What is the Market Cap of Hindusthan National Glass & Industries Ltd?

The Market Cap of Hindusthan National Glass & Industries Ltd is 238 Cr..

What is the current Stock Price of Hindusthan National Glass & Industries Ltd as on 18 October 2024?

The current stock price of Hindusthan National Glass & Industries Ltd as on 18 October 2024 is ₹26.6.

What is the High / Low of Hindusthan National Glass & Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Hindusthan National Glass & Industries Ltd stocks is 31.5/14.2.

What is the Stock P/E of Hindusthan National Glass & Industries Ltd?

The Stock P/E of Hindusthan National Glass & Industries Ltd is 1.06.

What is the Book Value of Hindusthan National Glass & Industries Ltd?

The Book Value of Hindusthan National Glass & Industries Ltd is 92.9.

What is the Dividend Yield of Hindusthan National Glass & Industries Ltd?

The Dividend Yield of Hindusthan National Glass & Industries Ltd is 0.00 %.

What is the ROCE of Hindusthan National Glass & Industries Ltd?

The ROCE of Hindusthan National Glass & Industries Ltd is 19.9 %.

What is the ROE of Hindusthan National Glass & Industries Ltd?

The ROE of Hindusthan National Glass & Industries Ltd is %.

What is the Face Value of Hindusthan National Glass & Industries Ltd?

The Face Value of Hindusthan National Glass & Industries Ltd is 2.00.