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Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Hindcon Chemicals Ltd

About the Company - Hindcon Chemicals Ltd

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Basic Stock Data of Hindcon Chemicals Ltd

Last Updated: June 19, 2024, 2:40 pm

Market Cap 272 Cr.
Current Price 53.0
High / Low69.7/17.4
Stock P/E43.9
Book Value 9.76
Dividend Yield0.17 %
ROCE17.9 %
ROE13.4 %
Face Value 2.00
PEG Ratio2.87

Competitors of Hindcon Chemicals Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Tamil Nadu Petro Products Ltd 786 Cr. 87.3114/75.612.9 95.51.72 %9.67 %7.23 % 10.0
Blue Pearl Texspin Ltd 1.19 Cr. 46.446.4/31.4 7.030.00 %32.6 %% 10.0
Navin Fluorine International Ltd 18,177 Cr. 3,6664,725/2,87679.6 4810.33 %10.5 %10.0 % 2.00
Jubilant Industries Ltd 2,375 Cr. 1,5761,579/49444.7 1550.00 %23.8 %24.3 % 10.0
Andhra Sugars Ltd 1,701 Cr. 126129/92.021.5 1171.59 %5.73 %5.06 % 2.00
Industry Average10,884.94 Cr936.9730.30171.070.62%14.44%9.71%8.22

Hindcon Chemicals Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales12.5314.2813.2215.2216.6821.5021.0618.6426.6419.2517.2719.4613.44
Expenses11.2913.3012.0014.2915.2920.0719.7918.1924.8617.5914.1818.4412.25
Operating Profit1.240.981.220.931.391.431.270.451.781.663.091.021.19
OPM %9.90%6.86%9.23%6.11%8.33%6.65%6.03%2.41%6.68%8.62%17.89%5.24%8.85%
Other Income0.460.610.490.360.310.210.230.420.270.270.410.310.29
Interest0.000.000.000.010.000.000.010.010.020.010.010.030.01
Depreciation0.050.060.050.060.070.080.070.070.070.080.060.070.08
Profit before tax1.651.531.661.221.631.561.420.791.961.843.431.231.39
Tax %25.45%16.99%25.90%39.34%34.97%22.44%28.17%31.65%27.55%26.63%25.66%30.08%27.34%
Net Profit1.231.281.240.741.071.211.040.541.411.362.550.881.01
EPS in Rs0.240.240.240.140.210.230.200.110.270.260.490.170.20

Last Updated: June 6, 2024, 9:06 am

Hindcon Chemicals Ltd Quarterly Chart

Hindcon Chemicals Ltd Profit & Loss

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales32.8332.3433.8135.2844.4044.0744.2766.6285.5969.42
Expenses33.3030.2430.2030.4940.6540.5539.7161.6380.4262.46
Operating Profit-0.472.103.614.793.753.524.564.995.176.96
OPM %-1.43%6.49%10.68%13.58%8.45%7.99%10.30%7.49%6.04%10.03%
Other Income2.030.090.350.980.571.002.151.371.191.28
Interest0.790.680.670.520.230.090.080.020.050.06
Depreciation0.270.210.180.140.130.140.180.250.290.29
Profit before tax0.501.303.115.113.964.296.456.096.027.89
Tax %32.00%34.62%32.80%22.31%28.03%33.33%25.89%30.05%27.74%
Net Profit0.340.852.093.982.822.844.774.264.365.80
EPS in Rs0.451.122.760.780.550.550.920.830.841.12
Dividend Payout %0.00%0.00%0.00%0.00%16.32%24.31%24.32%30.83%0.00%

Hindcon Chemicals Ltd Profit & Loss Yearly Chart

Hindcon Chemicals Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:8%
3 Years:13%
TTM:-25%
Compounded Profit Growth
10 Years:%
5 Years:17%
3 Years:9%
TTM:43%
Stock Price CAGR
10 Years:%
5 Years:60%
3 Years:93%
1 Year:177%
Return on Equity
10 Years:%
5 Years:12%
3 Years:12%
Last Year:13%

Last Updated: May 31, 2024, 6:24 am

Hindcon Chemicals Ltd Balance Sheet

Last Updated: June 2, 2024, 1:07 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0.760.760.8510.247.677.677.677.677.677.67
Reserves10.6911.5014.2315.4722.4224.6727.7831.4734.6838.78
Borrowings8.925.285.020.820.180.300.991.240.980.81
Other Liabilities4.436.305.946.605.956.736.7812.2310.3111.97
Total Liabilities24.8023.8426.0433.1336.2239.3743.2252.6153.6459.23
Fixed Assets0.930.921.111.081.001.131.411.722.572.54
CWIP0.000.000.000.000.000.000.000.000.392.32
Investments0.280.660.813.244.324.472.793.212.193.79
Other Assets23.5922.2624.1228.8130.9033.7739.0247.6848.4950.58
Total Assets24.8023.8426.0433.1336.2239.3743.2252.6153.6459.23

Hindcon Chemicals Ltd Reserves and Borrowings Chart

Hindcon Chemicals Ltd Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -0.213.820.702.44-1.982.124.78-4.445.37
Cash from Investing Activity -0.30-0.520.48-1.35-0.270.180.791.880.75
Cash from Financing Activity 1.96-4.34-0.872.24-0.78-0.47-0.01-1.70-0.84
Net Cash Flow1.46-1.050.313.33-3.031.835.56-4.265.27

Hindcon Chemicals Ltd Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days199.90204.51199.50189.43159.56164.24158.38144.42111.65125.83
Inventory Days17.8718.3013.0843.6228.9422.9821.7724.2617.3512.03
Days Payable41.2160.5550.9255.5239.0854.3450.6353.6938.7842.55
Cash Conversion Cycle176.57162.27161.66177.53149.42132.88129.53115.0090.2295.32
Working Capital Days193.45169.41182.34177.53191.13200.68167.62159.54118.81128.27
ROCE %10.43%19.92%21.20%14.70%13.98%18.85%15.69%14.34%

Hindcon Chemicals Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

Hindcon Chemicals Ltd ROCE Trend

Hindcon Chemicals Ltd EPS Trend

Hindcon Chemicals Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.0010.0010.0010.0010.00
Basic EPS (Rs.)1.625.685.565.893.71
Diluted EPS (Rs.)1.625.685.565.893.71
Cash EPS (Rs.)1.726.055.896.193.91
Book Value[Excl.RevalReserv]/Share (Rs.)13.1855.8351.6147.5142.46
Book Value[Incl.RevalReserv]/Share (Rs.)13.1855.8351.6147.5142.46
Revenue From Operations / Share (Rs.)16.82111.5786.8357.8557.95
PBDIT / Share (Rs.)2.298.298.308.595.78
PBIT / Share (Rs.)2.207.927.978.345.60
PBT / Share (Rs.)2.187.857.948.325.60
Net Profit / Share (Rs.)1.625.685.565.953.73
NP After MI And SOA / Share (Rs.)1.615.635.515.893.71
PBDIT Margin (%)13.617.439.5514.849.98
PBIT Margin (%)13.067.099.1714.429.66
PBT Margin (%)12.947.039.1414.399.65
Net Profit Margin (%)9.665.086.3910.286.43
NP After MI And SOA Margin (%)9.585.046.3510.186.39
Return on Networth / Equity (%)12.3710.1910.8012.508.79
Return on Capital Employeed (%)16.5714.0615.4217.4213.07
Return On Assets (%)10.378.058.0410.157.19
Total Debt / Equity (X)0.000.020.030.020.01
Asset Turnover Ratio (%)1.141.611.351.091.21
Current Ratio (X)4.954.563.564.835.07
Quick Ratio (X)4.774.243.294.574.75
Inventory Turnover Ratio (X)13.2014.5411.9911.2111.32
Dividend Payout Ratio (NP) (%)0.0012.4345.5415.2616.19
Dividend Payout Ratio (CP) (%)0.0011.6542.9714.6615.43
Earning Retention Ratio (%)0.0087.5754.4684.7483.81
Cash Earning Retention Ratio (%)0.0088.3557.0385.3484.57
Interest Coverage Ratio (X)116.14126.44284.21447.201412.60
Interest Coverage Ratio (Post Tax) (X)83.4387.60191.32310.80911.53
Enterprise Value (Cr.)188.4751.8349.659.635.83
EV / Net Operating Revenue (X)2.920.600.740.210.13
EV / EBITDA (X)21.478.157.801.461.31
MarketCap / Net Operating Revenue (X)3.100.700.800.420.18
Retention Ratios (%)0.0087.5654.4584.7383.80
Price / BV (X)4.001.431.360.510.26
Price / Net Operating Revenue (X)3.100.700.800.420.18
EarningsYield0.030.070.070.240.33

Hindcon Chemicals Ltd Profitability Ratios (%)

Hindcon Chemicals Ltd Liquidity Ratios

Hindcon Chemicals Ltd Liquidity Ratios (%)

Hindcon Chemicals Ltd Interest Coverage Ratios (%)

Hindcon Chemicals Ltd Valuation Ratios

Fair Value

Fair Value: 57.51

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: 8.51% compared to the current price 53

Intrinsic Value: 66.30

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: 25.10% compared to the current price ₹53

Last 5 Year EPS CAGR: 15.28%

*Investments are subject to market risks

Strength and Weakness of Hindcon Chemicals Ltd Stock

StrengthWeakness
  1. The company has higher reserves (23.17 cr) compared to borrowings (2.45 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (48.86 cr) and profit (4.47 cr) over the years.
  1. The stock has a low average ROCE of 12.91%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 168.88, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 139.04, which may not be favorable.

FAQ

What is the latest fair value of Hindcon Chemicals Ltd?

The latest fair value of Hindcon Chemicals Ltd is ₹57.51.

What is the Market Cap of Hindcon Chemicals Ltd?

The Market Cap of Hindcon Chemicals Ltd is 272 Cr..

What is the current Stock Price of Hindcon Chemicals Ltd as on 19 June 2024?

The current stock price of Hindcon Chemicals Ltd as on 19 June 2024 is ₹53.0.

What is the High / Low of Hindcon Chemicals Ltd stocks in FY 2024?

In FY 2024, the High / Low of Hindcon Chemicals Ltd stocks is 69.7/17.4.

What is the Stock P/E of Hindcon Chemicals Ltd?

The Stock P/E of Hindcon Chemicals Ltd is 43.9.

What is the Book Value of Hindcon Chemicals Ltd?

The Book Value of Hindcon Chemicals Ltd is 9.76.

What is the Dividend Yield of Hindcon Chemicals Ltd?

The Dividend Yield of Hindcon Chemicals Ltd is 0.17 %.

What is the ROCE of Hindcon Chemicals Ltd?

The ROCE of Hindcon Chemicals Ltd is 17.9 %.

What is the ROE of Hindcon Chemicals Ltd?

The ROE of Hindcon Chemicals Ltd is 13.4 %.

What is the Face Value of Hindcon Chemicals Ltd?

The Face Value of Hindcon Chemicals Ltd is 2.00.

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 Hindcon Chemicals 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