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Last Updated on: 24 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Hilton Metal Forging Ltd

About the Company - Hilton Metal Forging Ltd

Hilton Metal Forging Ltd. is a Public Limited Listed company incorporated on 21/07/2005 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L28900MH2005PLC154986 and registration number is 154986. Currently company belongs to the Industry of Forgings. Company’s Total Operating Revenue is Rs. 84.14 Cr. and Equity Capital is Rs. 12.44 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
ForgingsUnit B 510, Western Edge, Mumbai Maharashtra 400066secretarial@hiltonmetal.com
http://www.hiltonmetal.com
Management
NamePosition Held
Mr. Yuvraj MalhotraChairman & Managing Director
Mr. Sandeep Ravindra ShahIndependent Director
Ms. Nikita Natwarlal MoradiaIndependent Director
Mr. Sukesh Kumar JoshiIndependent Director
Mr. Sanjay JainIndependent Director
Mr. Prithivish MundraIndependent Director
Mr. Vivek SharmaAdditional Director
Mr. Priyam ChaturvediAdditional Director

Basic Stock Data of Hilton Metal Forging Ltd

Last Updated: June 24, 2024, 8:34 pm

Market Cap 223 Cr.
Current Price 106
High / Low174/96.8
Stock P/E33.3
Book Value 47.4
Dividend Yield0.00 %
ROCE9.80 %
ROE7.09 %
Face Value 10.0
PEG Ratio1.01

Hilton Metal Forging Ltd Quarterly Results

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales14.517.8517.8725.1333.2917.8527.2829.0430.6627.6834.8141.74
Expenses13.898.2919.4921.6930.5914.8524.2325.6725.8823.8930.9337.37
Operating Profit0.62-0.44-1.623.442.703.003.053.374.783.793.884.37
OPM %4.27%-5.61%-9.07%13.69%8.11%16.81%11.18%11.60%15.59%13.69%11.15%10.47%
Other Income0.050.03-1.340.03-0.010.030.180.100.240.100.680.32
Interest0.820.750.930.841.661.191.331.391.441.251.161.59
Depreciation0.830.580.590.570.800.580.590.600.600.600.600.60
Profit before tax-0.98-1.74-4.482.060.231.261.311.482.982.042.802.50
Tax %-196.94%13.22%16.52%-5.34%-1,382.61%19.84%15.27%15.54%16.44%16.67%17.14%15.60%
Net Profit-2.91-1.51-3.742.173.411.011.111.252.491.702.332.11
EPS in Rs-1.67-0.87-2.151.251.960.580.530.601.190.811.111.00

Last Updated: June 5, 2024, 10:13 am

Hilton Metal Forging Ltd Quarterly Chart

Hilton Metal Forging Ltd Profit & Loss

Last Updated: June 3, 2024, 3:30 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales96157130926780951011034884105122
Expenses87147122866475889496657991106
Operating Profit8108636777-1761416
OPM %9%7%6%6%5%7%7%6%7%-36%7%14%13%
Other Income0000000100-111
Interest4422233334455
Depreciation2222333333322
Profit before tax3542-1-0112-24-279
Tax %43%32%28%42%-16%-95%70%-5%9%17%170%17%
Net Profit2331-2-0022-20268
EPS in Rs0.941.831.750.53-0.91-0.250.160.890.89-11.251.012.793.71
Dividend Payout %19%16%20%33%0%0%0%0%0%0%0%0%

Hilton Metal Forging Ltd Profit & Loss Yearly Chart

Hilton Metal Forging Ltd Growth

Compounded Sales Growth
10 Years:-4%
5 Years:2%
3 Years:1%
TTM:26%
Compounded Profit Growth
10 Years:6%
5 Years:85%
3 Years:56%
TTM:27%
Stock Price CAGR
10 Years:24%
5 Years:49%
3 Years:115%
1 Year:0%
Return on Equity
10 Years:-1%
5 Years:-3%
3 Years:-6%
Last Year:9%

Last Updated: April 17, 2024, 1:32 am

Hilton Metal Forging Ltd Balance Sheet

Last Updated: June 3, 2024, 3:30 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital12121212121212121212122121
Reserves44464849474747495031326876
Borrowings24192327242635424557605351
Other Liabilities2732292522304731421392738
Total Liabilities107110113114106115142135149113114169185
Fixed Assets38363533313637353333312928
CWIP000770000081515
Investments1000000000000
Other Assets687379746879105991168075126143
Total Assets107110113114106115142135149113114169185

Hilton Metal Forging Ltd Reserves and Borrowings Chart

Hilton Metal Forging Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 710-2553-12409-24
Cash from Investing Activity -10-0-7-0-0-300-2-933
Cash from Financing Activity -7-922-5-34-2-31-1-9
Net Cash Flow-01-1000-0-00-10-0

Hilton Metal Forging Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days524870771039810667119726105
Inventory Days236103146249329296364317346374293306
Days Payable115768310513314020881126201197
Cash Conversion Cycle17375133221300254262303338426288314
Working Capital Days15895142202266237234251263473243315
ROCE %8%11%8%5%1%3%4%5%5%-19%3%10%

Hilton Metal Forging Ltd Financial Efficiency Indicators Chart

Hilton Metal Forging Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters50.34%51.55%49.35%47.30%47.33%39.26%28.07%28.00%27.67%27.67%27.67%27.67%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.04%0.00%0.39%0.33%0.27%0.29%
DIIs0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public49.65%48.45%50.65%52.70%52.67%60.74%71.90%72.00%71.94%72.01%72.07%72.06%
No. of Shareholders8,0008,0959,3909,2728,99710,49911,90411,16811,12710,66811,25613,384

Hilton Metal Forging Ltd Shareholding Pattern Chart

No. of Hilton Metal Forging Ltd Shareholders

This stock is not held by any mutual fund

Hilton Metal Forging Ltd ROCE Trend

Hilton Metal Forging Ltd EPS Trend

Hilton Metal Forging Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)3.182.791.42-15.731.25
Diluted EPS (Rs.)3.182.791.42-15.731.25
Cash EPS (Rs.)4.233.923.46-13.703.33
Book Value[Excl.RevalReserv]/Share (Rs.)47.3942.4436.0734.6550.38
Book Value[Incl.RevalReserv]/Share (Rs.)47.3942.4436.0734.6550.38
Revenue From Operations / Share (Rs.)65.7549.9267.6238.1982.77
PBDIT / Share (Rs.)7.887.034.47-13.696.19
PBIT / Share (Rs.)6.835.902.43-15.724.11
PBT / Share (Rs.)3.753.35-2.01-18.891.37
Net Profit / Share (Rs.)3.182.791.42-15.731.25
PBDIT Margin (%)11.9814.076.61-35.857.47
PBIT Margin (%)10.3911.823.59-41.164.96
PBT Margin (%)5.696.71-2.96-49.451.65
Net Profit Margin (%)4.845.582.09-41.181.50
Return on Networth / Equity (%)6.716.573.92-45.392.47
Return on Capital Employeed (%)12.4311.784.70-31.676.38
Return On Assets (%)3.623.461.54-17.321.03
Long Term Debt / Equity (X)0.140.170.410.340.15
Total Debt / Equity (X)0.510.561.281.250.69
Asset Turnover Ratio (%)0.780.740.740.360.72
Current Ratio (X)1.901.881.371.471.61
Quick Ratio (X)0.760.840.270.410.64
Inventory Turnover Ratio (X)1.681.451.410.801.12
Interest Coverage Ratio (X)2.552.751.33-4.322.26
Interest Coverage Ratio (Post Tax) (X)2.032.091.74-3.971.45
Enterprise Value (Cr.)265.37260.1496.4664.1350.39
EV / Net Operating Revenue (X)1.922.481.151.350.48
EV / EBITDA (X)16.0417.6317.33-3.766.54
MarketCap / Net Operating Revenue (X)1.562.010.470.230.07
Price / BV (X)2.162.370.890.260.13
Price / Net Operating Revenue (X)1.562.010.470.230.07
EarningsYield0.030.020.04-1.720.18

Hilton Metal Forging Ltd Profitability Ratios (%)

Hilton Metal Forging Ltd Liquidity Ratios

Hilton Metal Forging Ltd Liquidity Ratios (%)

Hilton Metal Forging Ltd Interest Coverage Ratios (%)

Hilton Metal Forging Ltd Valuation Ratios

Fair Value

Fair Value: 114.15

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.

Undervalued: 7.69% compared to the current price 106

Intrinsic Value: 151.87

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 43.27% compared to the current price ₹106

Last 5 Year EPS CAGR: 33.04%

*Investments are subject to market risks

Strength and Weakness of Hilton Metal Forging Ltd Stock

StrengthWeakness
  1. The company has higher reserves (48.77 cr) compared to borrowings (37.38 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (98.46 cr) and profit (0.54 cr) over the years.
  1. The stock has a low average ROCE of 3.67%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 239.92, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 257.25, which may not be favorable.

FAQ

What is the latest fair value of Hilton Metal Forging Ltd?

The latest fair value of Hilton Metal Forging Ltd is ₹114.15.

What is the Market Cap of Hilton Metal Forging Ltd?

The Market Cap of Hilton Metal Forging Ltd is 223 Cr..

What is the current Stock Price of Hilton Metal Forging Ltd as on 24 June 2024?

The current stock price of Hilton Metal Forging Ltd as on 24 June 2024 is ₹106.

What is the High / Low of Hilton Metal Forging Ltd stocks in FY 2024?

In FY 2024, the High / Low of Hilton Metal Forging Ltd stocks is 174/96.8.

What is the Stock P/E of Hilton Metal Forging Ltd?

The Stock P/E of Hilton Metal Forging Ltd is 33.3.

What is the Book Value of Hilton Metal Forging Ltd?

The Book Value of Hilton Metal Forging Ltd is 47.4.

What is the Dividend Yield of Hilton Metal Forging Ltd?

The Dividend Yield of Hilton Metal Forging Ltd is 0.00 %.

What is the ROCE of Hilton Metal Forging Ltd?

The ROCE of Hilton Metal Forging Ltd is 9.80 %.

What is the ROE of Hilton Metal Forging Ltd?

The ROE of Hilton Metal Forging Ltd is 7.09 %.

What is the Face Value of Hilton Metal Forging Ltd?

The Face Value of Hilton Metal Forging Ltd is 10.0.

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 Hilton Metal Forging 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