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Last Updated on: 13 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 504036 | NSE: HIRECT

Hind Rectifiers Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 13, 2025, 3:06 pm

Market Cap 1,473 Cr.
Current Price 858
High / Low 1,591/551
Stock P/E45.7
Book Value 81.3
Dividend Yield0.14 %
ROCE15.9 %
ROE14.7 %
Face Value 2.00
PEG Ratio1.08

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

View Share Price Target for Hind Rectifiers Ltd

Competitors of Hind Rectifiers Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Incap Ltd 51.3 Cr. 100 124/55.057.0 33.01.00 %6.17 %4.12 % 10.0
Gujarat Poly Electronics Ltd 72.8 Cr. 85.1 146/57.132.2 12.10.00 %10.2 %26.3 % 10.0
Cosmo Ferrites Ltd 248 Cr. 206 385/141 22.10.00 %5.16 %5.18 % 10.0
BCC Fuba India Ltd 167 Cr. 109 167/47.542.8 13.90.00 %15.4 %20.8 % 10.0
PG Electroplast Ltd 24,030 Cr. 849 1,055/146113 40.50.02 %18.7 %18.9 % 1.00
Industry Average4,172.63 Cr906.2658.74142.000.20%10.57%20.37%7.73

All Competitor Stocks of Hind Rectifiers Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 9410273789711298132137151136166169
Expenses 909773809110191121123138121148151
Operating Profit 55-0-27117111314141818
OPM % 5%5%-0%-3%7%10%7%8%10%9%11%11%10%
Other Income 00000-1100-70100
Interest 2222223334333
Depreciation 1111112222222
Profit before tax 22-3-63-33618101313
Tax % 31%28%-29%-27%28%-24%28%34%-14%34%29%21%26%
Net Profit 12-2-42-2242571010
EPS in Rs 0.790.94-1.37-2.451.46-1.441.112.320.892.994.045.955.83

Last Updated: February 28, 2025, 7:31 pm

Below is a detailed analysis of the quarterly data for Hind Rectifiers Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹169.00 Cr.. The value appears strong and on an upward trend. It has increased from 166.00 Cr. (Sep 2024) to ₹169.00 Cr., marking an increase of ₹3.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹151.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 148.00 Cr. (Sep 2024) to ₹151.00 Cr., marking an increase of ₹3.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹18.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 18.00 Cr..
  • For OPM %, as of Dec 2024, the value is 10.00%. The value appears to be declining and may need further review. It has decreased from 11.00% (Sep 2024) to 10.00%, marking a decrease of 1.00%.
  • For Other Income, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹3.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 3.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹2.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 2.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹13.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 13.00 Cr..
  • For Tax %, as of Dec 2024, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 21.00% (Sep 2024) to 26.00%, marking an increase of 5.00%.
  • For Net Profit, as of Dec 2024, the value is ₹10.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 10.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 5.83. The value appears to be declining and may need further review. It has decreased from ₹5.95 (Sep 2024) to 5.83, marking a decrease of ₹0.12.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:04 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 136979494111126255300305372359518622
Expenses 1221009692107116229262285349344473558
Operating Profit 14-4-2251026382023154564
OPM % 10%-4%-3%2%4%8%10%13%7%6%4%9%10%
Other Income 0001-701000-10-62
Interest 122356889781313
Depreciation 2212223444578
Profit before tax 11-7-6-2-1021726711-91844
Tax % 9%-30%-40%-31%-27%35%29%30%28%30%-27%29%
Net Profit 10-5-4-2-71121858-61332
EPS in Rs 6.10-2.97-2.15-0.91-4.290.797.1211.163.224.71-3.717.3018.81
Dividend Payout % 24%-6%-0%-0%-0%-0%6%7%12%8%-0%16%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-150.00%20.00%50.00%-250.00%114.29%1100.00%50.00%-72.22%60.00%-175.00%316.67%
Change in YoY Net Profit Growth (%)0.00%170.00%30.00%-300.00%364.29%985.71%-1050.00%-122.22%132.22%-235.00%491.67%

Hind Rectifiers 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:18%
5 Years:15%
3 Years:19%
TTM:30%
Compounded Profit Growth
10 Years:19%
5 Years:9%
3 Years:48%
TTM:44%
Stock Price CAGR
10 Years:28%
5 Years:44%
3 Years:66%
1 Year:46%
Return on Equity
10 Years:7%
5 Years:10%
3 Years:9%
Last Year:15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:35 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 3333333333333
Reserves 676360595063759296104108121136
Borrowings 19232632415164908475105135129
Other Liabilities 24252630193543575764767168
Total Liabilities 114113116123113153185243241246292331337
Fixed Assets 171618212027263341488090101
CWIP 00125414182028212212
Investments 0000000600000
Other Assets 97979610188121144185180170192219224
Total Assets 114113116123113153185243241246292331337

Below is a detailed analysis of the balance sheet data for Hind Rectifiers Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹3.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹136.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹121.00 Cr. (Mar 2024) to ₹136.00 Cr., marking an increase of 15.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹129.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹135.00 Cr. (Mar 2024) to ₹129.00 Cr., marking a decrease of 6.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹68.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹71.00 Cr. (Mar 2024) to ₹68.00 Cr., marking a decrease of 3.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹337.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹331.00 Cr. (Mar 2024) to ₹337.00 Cr., marking an increase of 6.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹101.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹90.00 Cr. (Mar 2024) to ₹101.00 Cr., marking an increase of 11.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹12.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹22.00 Cr. (Mar 2024) to ₹12.00 Cr., marking a decrease of 10.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹224.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹219.00 Cr. (Mar 2024) to ₹224.00 Cr., marking an increase of 5.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹337.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹331.00 Cr. (Mar 2024) to ₹337.00 Cr., marking an increase of 6.00 Cr..

Notably, the Reserves (₹136.00 Cr.) exceed the Borrowings (129.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +6-125-3-46422363334
Cash from Investing Activity +-4-1-3-5-4-10-10-22-8-20-29-19
Cash from Financing Activity +0-103415319-15-17-4-14
Net Cash Flow3-3-04-31-11-1-000

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-5.00-27.00-28.00-30.00-36.00-41.00-38.00-52.00-64.00-52.00-90.00-90.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days1532002211741171619099105666963
Inventory Days1001471171801261431061211069712192
Days Payable56899712457115656965606945
Cash Conversion Cycle197258241230185188132151146104120110
Working Capital Days173243228224172192120141145103116100
ROCE %14%-6%-4%1%3%8%19%21%9%10%5%16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters42.25%42.25%42.25%42.25%44.08%44.08%44.08%44.08%44.05%44.05%44.05%43.98%
FIIs6.47%6.47%6.47%6.47%6.26%6.26%6.26%5.72%5.76%5.82%5.97%6.28%
DIIs0.02%0.02%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.07%
Public51.26%51.26%51.26%51.26%49.64%49.64%49.65%50.18%50.16%50.13%49.95%49.64%
No. of Shareholders9,6089,6529,5539,1368,9217,9837,5808,4039,93610,99714,31916,593

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 7.30-3.844.713.2211.16
Diluted EPS (Rs.) 7.28-3.844.683.2211.16
Cash EPS (Rs.) 11.64-0.717.425.5313.62
Book Value[Excl.RevalReserv]/Share (Rs.) 72.6665.2464.8760.2457.74
Book Value[Incl.RevalReserv]/Share (Rs.) 72.6665.2464.8760.2457.74
Dividend / Share (Rs.) 1.200.000.400.400.80
Revenue From Operations / Share (Rs.) 301.99209.71224.65184.20180.89
PBDIT / Share (Rs.) 26.178.9613.6012.0222.72
PBIT / Share (Rs.) 21.835.9610.899.7120.26
PBT / Share (Rs.) 10.32-5.076.744.4515.84
Net Profit / Share (Rs.) 7.30-3.724.713.2211.16
PBDIT Margin (%) 8.664.276.056.5212.55
PBIT Margin (%) 7.222.844.845.2611.19
PBT Margin (%) 3.41-2.412.992.418.75
Net Profit Margin (%) 2.41-1.772.091.746.16
Return on Networth / Equity (%) 10.04-5.697.255.3419.32
Return on Capital Employeed (%) 23.657.2113.4713.7929.15
Return On Assets (%) 3.77-2.173.162.217.61
Long Term Debt / Equity (X) 0.180.210.190.110.15
Total Debt / Equity (X) 1.040.930.690.770.88
Asset Turnover Ratio (%) 1.661.331.531.261.40
Current Ratio (X) 1.211.231.471.401.39
Quick Ratio (X) 0.640.610.770.850.84
Inventory Turnover Ratio (X) 4.033.423.983.323.59
Dividend Payout Ratio (NP) (%) 0.000.008.4924.853.58
Dividend Payout Ratio (CP) (%) 0.000.005.3914.472.93
Earning Retention Ratio (%) 0.000.0091.5175.1596.42
Cash Earning Retention Ratio (%) 0.000.0094.6185.5397.07
Interest Coverage Ratio (X) 3.521.893.272.285.14
Interest Coverage Ratio (Post Tax) (X) 2.531.542.131.613.53
Enterprise Value (Cr.) 1159.34436.09380.72272.61276.81
EV / Net Operating Revenue (X) 2.241.211.020.890.92
EV / EBITDA (X) 25.8528.4116.8913.707.36
MarketCap / Net Operating Revenue (X) 1.990.920.820.640.65
Retention Ratios (%) 0.000.0091.5075.1496.41
Price / BV (X) 8.292.982.861.982.04
Price / Net Operating Revenue (X) 1.990.920.820.640.65
EarningsYield 0.01-0.010.020.020.09

After reviewing the key financial ratios for Hind Rectifiers Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 7.30. This value is within the healthy range. It has increased from -3.84 (Mar 23) to 7.30, marking an increase of 11.14.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 7.28. This value is within the healthy range. It has increased from -3.84 (Mar 23) to 7.28, marking an increase of 11.12.
  • For Cash EPS (Rs.), as of Mar 24, the value is 11.64. This value is within the healthy range. It has increased from -0.71 (Mar 23) to 11.64, marking an increase of 12.35.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 72.66. It has increased from 65.24 (Mar 23) to 72.66, marking an increase of 7.42.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 72.66. It has increased from 65.24 (Mar 23) to 72.66, marking an increase of 7.42.
  • For Dividend / Share (Rs.), as of Mar 24, the value is 1.20. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 1.20, marking an increase of 1.20.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 301.99. It has increased from 209.71 (Mar 23) to 301.99, marking an increase of 92.28.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 26.17. This value is within the healthy range. It has increased from 8.96 (Mar 23) to 26.17, marking an increase of 17.21.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 21.83. This value is within the healthy range. It has increased from 5.96 (Mar 23) to 21.83, marking an increase of 15.87.
  • For PBT / Share (Rs.), as of Mar 24, the value is 10.32. This value is within the healthy range. It has increased from -5.07 (Mar 23) to 10.32, marking an increase of 15.39.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 7.30. This value is within the healthy range. It has increased from -3.72 (Mar 23) to 7.30, marking an increase of 11.02.
  • For PBDIT Margin (%), as of Mar 24, the value is 8.66. This value is below the healthy minimum of 10. It has increased from 4.27 (Mar 23) to 8.66, marking an increase of 4.39.
  • For PBIT Margin (%), as of Mar 24, the value is 7.22. This value is below the healthy minimum of 10. It has increased from 2.84 (Mar 23) to 7.22, marking an increase of 4.38.
  • For PBT Margin (%), as of Mar 24, the value is 3.41. This value is below the healthy minimum of 10. It has increased from -2.41 (Mar 23) to 3.41, marking an increase of 5.82.
  • For Net Profit Margin (%), as of Mar 24, the value is 2.41. This value is below the healthy minimum of 5. It has increased from -1.77 (Mar 23) to 2.41, marking an increase of 4.18.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 10.04. This value is below the healthy minimum of 15. It has increased from -5.69 (Mar 23) to 10.04, marking an increase of 15.73.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 23.65. This value is within the healthy range. It has increased from 7.21 (Mar 23) to 23.65, marking an increase of 16.44.
  • For Return On Assets (%), as of Mar 24, the value is 3.77. This value is below the healthy minimum of 5. It has increased from -2.17 (Mar 23) to 3.77, marking an increase of 5.94.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.18. This value is below the healthy minimum of 0.2. It has decreased from 0.21 (Mar 23) to 0.18, marking a decrease of 0.03.
  • For Total Debt / Equity (X), as of Mar 24, the value is 1.04. This value exceeds the healthy maximum of 1. It has increased from 0.93 (Mar 23) to 1.04, marking an increase of 0.11.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.66. It has increased from 1.33 (Mar 23) to 1.66, marking an increase of 0.33.
  • For Current Ratio (X), as of Mar 24, the value is 1.21. This value is below the healthy minimum of 1.5. It has decreased from 1.23 (Mar 23) to 1.21, marking a decrease of 0.02.
  • For Quick Ratio (X), as of Mar 24, the value is 0.64. This value is below the healthy minimum of 1. It has increased from 0.61 (Mar 23) to 0.64, marking an increase of 0.03.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.03. This value is within the healthy range. It has increased from 3.42 (Mar 23) to 4.03, marking an increase of 0.61.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 3.52. This value is within the healthy range. It has increased from 1.89 (Mar 23) to 3.52, marking an increase of 1.63.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.53. This value is below the healthy minimum of 3. It has increased from 1.54 (Mar 23) to 2.53, marking an increase of 0.99.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 1,159.34. It has increased from 436.09 (Mar 23) to 1,159.34, marking an increase of 723.25.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.24. This value is within the healthy range. It has increased from 1.21 (Mar 23) to 2.24, marking an increase of 1.03.
  • For EV / EBITDA (X), as of Mar 24, the value is 25.85. This value exceeds the healthy maximum of 15. It has decreased from 28.41 (Mar 23) to 25.85, marking a decrease of 2.56.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.99. This value is within the healthy range. It has increased from 0.92 (Mar 23) to 1.99, marking an increase of 1.07.
  • For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Price / BV (X), as of Mar 24, the value is 8.29. This value exceeds the healthy maximum of 3. It has increased from 2.98 (Mar 23) to 8.29, marking an increase of 5.31.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.99. This value is within the healthy range. It has increased from 0.92 (Mar 23) to 1.99, marking an increase of 1.07.
  • For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has increased from -0.01 (Mar 23) to 0.01, marking an increase of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hind Rectifiers Ltd as of March 13, 2025 is: ₹437.54

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 March 13, 2025, Hind Rectifiers Ltd is Overvalued by 49.00% compared to the current share price 858.00

Intrinsic Value of Hind Rectifiers Ltd as of March 13, 2025 is: 622.77

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 March 13, 2025, Hind Rectifiers Ltd is Overvalued by 27.42% compared to the current share price 858.00

Last 5 Year EPS CAGR: 42.33%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (84.15 cr) compared to borrowings (67.23 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (260.69 cr) and profit (7.85 cr) over the years.
  1. The stock has a low average ROCE of 8.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 163.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 171.83, which may not be favorable.

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 Hind Rectifiers Ltd:
    1. Net Profit Margin: 2.41%
      • 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: 23.65% (Industry Average ROCE: 10.57%)
      • 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%: 10.04% (Industry Average ROE: 20.37%)
      • 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): 2.53
      • 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: 0.64
      • 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: 45.7 (Industry average Stock P/E: 37.38)
      • 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: 1.04
      • 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

Hind Rectifiers Ltd. is a Public Limited Listed company incorporated on 25/04/1958 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L28900MH1958PLC011077 and registration number is 011077. Currently Company is involved in the business activities of Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company's Total Operating Revenue is Rs. 517.55 Cr. and Equity Capital is Rs. 3.43 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Electronics - Equipment/ComponentsLake Road, Mumbai Maharashtra 400078investors@hirect.com
http://www.hirect.com
Management
NamePosition Held
Mr. Pradeep V GoyalChairman & Ind.Director
Mr. Suramya NevatiaManaging Director & CEO
Mrs. Akshada NevatiaExecutive Director
Mr. Parimal MerchantNon Exe.Non Ind.Director
Mr. Vandan ShahIndependent Director
Mr. Ashlesha BodasIndependent Director
Mr. V K BhartiaIndependent Director
Mr. Vishal PacheriwalaIndependent Director

FAQ

What is the latest intrinsic value of Hind Rectifiers Ltd?

The latest intrinsic value of Hind Rectifiers Ltd as on 13 March 2025 is 437.54, which is 49.00% lower than the current market price of ₹858.00, indicating the stock is overvalued by 49.00%. The intrinsic value of Hind Rectifiers Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹1,473 Cr. and recorded a high/low of ₹1,591/551 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹136 Cr and total liabilities of ₹337 Cr.

What is the Market Cap of Hind Rectifiers Ltd?

The Market Cap of Hind Rectifiers Ltd is 1,473 Cr..

What is the current Stock Price of Hind Rectifiers Ltd as on 13 March 2025?

The current stock price of Hind Rectifiers Ltd as on 13 March 2025 is ₹858.

What is the High / Low of Hind Rectifiers Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Hind Rectifiers Ltd stocks is ₹1,591/551.

What is the Stock P/E of Hind Rectifiers Ltd?

The Stock P/E of Hind Rectifiers Ltd is 45.7.

What is the Book Value of Hind Rectifiers Ltd?

The Book Value of Hind Rectifiers Ltd is 81.3.

What is the Dividend Yield of Hind Rectifiers Ltd?

The Dividend Yield of Hind Rectifiers Ltd is 0.14 %.

What is the ROCE of Hind Rectifiers Ltd?

The ROCE of Hind Rectifiers Ltd is 15.9 %.

What is the ROE of Hind Rectifiers Ltd?

The ROE of Hind Rectifiers Ltd is 14.7 %.

What is the Face Value of Hind Rectifiers Ltd?

The Face Value of Hind Rectifiers Ltd is 2.00.

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 Hind Rectifiers 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