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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of HBL Power Systems Ltd

About the Company - HBL Power Systems Ltd

HBL Power Systems Ltd. is a Public Limited Listed company incorporated on 29/08/1986 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L40109TG1986PLC006745 and registration number is 006745. Currently Company is involved in the business activities of Manufacture of batteries and accumulators. Company’s Total Operating Revenue is Rs. 1221.50 Cr. and Equity Capital is Rs. 27.72 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto Ancl - Batteries8-2-601, Road No 10, Hyderabad Telangana 500034investor@hbl.in
http://www.hbl.in
Management
NamePosition Held
Dr. Aluru Jagadish PrasadChairman & Managing Director
Mrs. Kavita Prasad AluruWhole Time Director
Mr. Advay Bhagirath MikkilineniNon Exe.Non Ind.Director
CA. Poruri Ganapathi RaoInd. Non-Executive Director
Mr. Karipineni Venkat SriramInd. Non-Executive Director
Mrs. Richa DattaInd. Non-Executive Director
Mrs. Preeti KhandelwalInd. Non-Executive Director

HBL Power Systems Ltd. Share Price Update

Share PriceValue
Today₹512.00
Previous Day₹513.95

Basic Stock Data of HBL Power Systems Ltd

Market Cap 14,227 Cr.
Current Price 513
High / Low612/86.1
Stock P/E60.0
Book Value 38.2
Dividend Yield0.09 %
ROCE13.7 %
ROE10.7 %
Face Value 1.00

Data Source: screener.in

Competitors of HBL Power Systems Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Exide Industries Ltd 27,676 Cr. 326354/17031.7 1470.61 %10.2 %7.28 % 1.00
PAE Ltd 5.97 Cr. 5.737.69/4.61 26.90.00 %%% 10.0
Goldstar Power Ltd 385 Cr. 16.023.4/4.0092.8 1.100.00 %17.3 %16.9 % 1.00
Industry Average9,355.66 Cr115.9141.5058.330.20%9.17%8.06%4.00

HBL Power Systems Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales233300231283349374320314332403467557599
Expenses213275215258303321285281294358390456486
Operating Profit2124152545533533384578101113
OPM %9%8%7%9%13%14%11%11%12%11%17%18%19%
Other Income2-1182233664332
Interest4221221123233
Depreciation109999888910101011
Profit before tax91322173746293033366991102
Tax %15%17%8%10%32%29%31%35%32%3%25%26%23%
Net Profit8102115253320202435526879
EPS in Rs0.300.370.750.540.901.210.720.720.861.261.872.482.85

HBL Power Systems Ltd Quarterly Chart

HBL Power Systems Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,5621,7091,3041,3491,2991,4141,6031,2661,0929121,2361,3691,759
Expenses1,3461,4871,2081,2101,1641,2861,4771,1691,0118451,0971,2171,497
Operating Profit21622295139134129126978167139151262
OPM %14%13%7%10%10%9%8%8%7%7%11%11%15%
Other Income62366912211621226262016
Interest11712676716846413122157710
Depreciation54643953514846444139353538
Profit before tax51554624275455434019122130229
Tax %38%33%16%43%45%29%42%35%35%29%23%24%
Net Profit323839141538322826149498179
EPS in Rs0.730.931.570.560.591.531.141.000.950.503.393.566.47
Dividend Payout %20%16%13%36%42%18%22%30%32%71%12%13%

HBL Power Systems Ltd Profit & Loss Yearly Chart

HBL Power Systems Ltd Growth

Compounded Sales Growth
10 Years:-2%
5 Years:-3%
3 Years:8%
TTM:51%
Compounded Profit Growth
10 Years:17%
5 Years:21%
3 Years:62%
TTM:146%
Stock Price CAGR
10 Years:48%
5 Years:87%
3 Years:150%
1 Year:474%
Return on Equity
10 Years:5%
5 Years:6%
3 Years:8%
Last Year:11%

HBL Power Systems Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital25252525252828282828282828
Reserves5015195365395847017247397457548389241,032
Borrowings916879734686549479366232161706386107
Other Liabilities493700459311277258224162169184204257385
Total Liabilities1,9352,1231,7551,5621,4351,4671,3421,1611,1031,0361,1331,2941,552
Fixed Assets841847495456415417363321304279265320347
CWIP66725649483326372743815031
Investments3230128855678997
Other Assets9961,1741,2021,0549641,0089477977667077799151,077
Total Assets1,9352,1231,7551,5621,4351,4671,3421,1611,1031,0361,1331,2941,552

HBL Power Systems Ltd Reserves and Borrowings Chart

HBL Power Systems Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 15635-36791584315916714912162122
Cash from Investing Activity -103-35156-13-1060-81-6-32-17-50
Cash from Financing Activity -952-115-66-153-114-150-163-114-104-2210
Net Cash Flow-4215-0-5-111529-142382

HBL Power Systems Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1111141221061201221031051021028683
Inventory Days134188276226185168126145162188149147
Days Payable86106134817768433441444243
Cash Conversion Cycle159196265252228222186216222246193188
Working Capital Days92117172173172177150164168169133128
ROCE %12%12%5%8%8%8%9%6%6%4%13%14%

HBL Power Systems Ltd Financial Efficiency Indicators Chart

HBL Power Systems Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters58.51%58.60%58.60%58.95%58.97%58.97%58.97%59.02%59.08%59.10%59.11%59.11%
FIIs10.67%10.71%10.77%11.25%9.15%4.79%1.55%1.77%0.91%2.63%2.23%2.66%
DIIs9.75%9.68%9.68%9.32%9.33%9.32%3.59%0.00%0.00%0.14%0.08%0.41%
Public21.07%21.01%20.95%20.48%22.55%26.92%35.88%39.21%40.00%38.14%38.58%37.82%
No. of Shareholders77,50893,7821,06,2941,18,8331,41,7401,51,0171,67,0401,76,5361,71,7141,79,4442,21,3922,42,385

HBL Power Systems Ltd Shareholding Pattern Chart

No. of HBL Power Systems Ltd Shareholders

HBL Power Systems Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Motilal Oswal Nifty Microcap 250 Index Fund1257940.794.53
Groww Nifty Total Market Index Fund3140.030.01

HBL Power Systems Ltd ROCE Trend

HBL Power Systems Ltd EPS Trend

HBL Power Systems Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)3.513.350.440.850.98
Diluted EPS (Rs.)3.513.350.440.850.98
Cash EPS (Rs.)4.784.611.852.382.58
Book Value[Excl.RevalReserv]/Share (Rs.)34.3231.2328.2127.8827.64
Book Value[Incl.RevalReserv]/Share (Rs.)34.3231.2328.2127.8827.64
Revenue From Operations / Share (Rs.)49.3844.6032.9039.3945.52
PBDIT / Share (Rs.)6.105.532.783.503.99
PBIT / Share (Rs.)4.824.271.382.032.38
PBT / Share (Rs.)4.634.380.651.411.52
Net Profit / Share (Rs.)3.503.350.440.900.97
NP After MI And SOA / Share (Rs.)3.563.390.490.941.00
PBDIT Margin (%)12.3512.408.448.898.75
PBIT Margin (%)9.769.564.185.165.23
PBT Margin (%)9.389.831.983.573.32
Net Profit Margin (%)7.097.501.352.302.13
NP After MI And SOA Margin (%)7.207.591.502.402.19
Return on Networth / Equity (%)10.3610.841.753.393.61
Return on Capital Employeed (%)13.2512.904.677.088.37
Return On Assets (%)7.628.291.322.372.38
Long Term Debt / Equity (X)0.040.030.010.000.01
Total Debt / Equity (X)0.080.050.070.180.28
Asset Turnover Ratio (%)1.111.130.840.951.00
Current Ratio (X)3.053.463.002.422.06
Quick Ratio (X)1.882.041.681.431.19
Inventory Turnover Ratio (X)2.592.551.872.142.35
Dividend Payout Ratio (NP) (%)11.2310.3320.1963.7330.12
Dividend Payout Ratio (CP) (%)8.267.525.2724.9511.56
Earning Retention Ratio (%)88.7789.6779.8136.2769.88
Cash Earning Retention Ratio (%)91.7492.4894.7375.0588.44
Interest Coverage Ratio (X)25.8320.515.234.383.61
Interest Coverage Ratio (Post Tax) (X)15.6311.982.211.911.66
Enterprise Value (Cr.)2571.141701.47915.36371.71886.96
EV / Net Operating Revenue (X)1.881.381.000.340.70
EV / EBITDA (X)15.2011.1011.893.838.03
MarketCap / Net Operating Revenue (X)1.931.421.020.280.55
Retention Ratios (%)88.7689.6679.8036.2669.87
Price / BV (X)2.772.031.180.390.91
Price / Net Operating Revenue (X)1.931.421.020.280.55
EarningsYield0.030.050.010.080.03

HBL Power Systems Ltd Profitability Ratios (%)

HBL Power Systems Ltd Liquidity Ratios

HBL Power Systems Ltd Liquidity Ratios (%)

HBL Power Systems Ltd Interest Coverage Ratios (%)

HBL Power Systems Ltd Valuation Ratios

Fair Value of HBL Power Systems Ltd Stock

Fair Value: ₹245.46

The stock is overvalued by 52.15% compared to the current price ₹513

*Investments are subject to market risks

Strength and Weakness of HBL Power Systems Ltd Stock

StrengthWeakness
  1. The company has higher reserves (702.77 cr) compared to borrowings (409.85 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (71.08 cr) and profit (68.85 cr) over the years.
  1. The stock has a low average ROCE of 8.75%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 151.25, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 214.42, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in HBL Power Systems Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE