Hindustan Motors Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Hindustan Motors Ltd?

Hindustan Motors Ltd is trading at 12.20 as of 23 April 2026, with a FY2026-2027 high of 35.8 and low of 10.1. The stock is currently near its 52-week low. Market cap stands at 256 Cr..

Q: Is Hindustan Motors Ltd financially healthy?

Key indicators: ROCE of 3.16 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Hindustan Motors Ltd profitable and how is the profit trend?

Hindustan Motors Ltd reported a net profit of 16 Cr in Mar 2025 on revenue of 2 Cr. Compared to 19 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹4.07Overvalued by 66.64%vs CMP ₹12.20

P/E (71.8) × ROE (4.0%) × BV (₹1.73) × DY (2.00%)

₹2.63Overvalued by 78.44%vs CMP ₹12.20

MoS: -363.9% (Negative)Confidence: 63/100 (Moderate)Models: All 7: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹2.93	27%	Over (-76%)
Graham Number	Earnings	₹2.57	20%	Over (-78.9%)
Earnings Power	Earnings	₹5.81	13%	Over (-52.4%)
DCF	Cash Flow	₹1.67	16%	Over (-86.3%)
Net Asset Value	Assets	₹1.72	9%	Over (-85.9%)
Earnings Yield	Earnings	₹1.70	9%	Over (-86.1%)
Revenue Multiple	Revenue	₹0.05	7%	Over (-99.6%)
Consensus (7 models)		₹2.63	100%	Overvalued

Key Drivers: EPS CAGR -28.2% drags value — could be higher if earnings stabilize. | ROE 4.0% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -28.2%

*Investments are subject to market risks

Analyst Summary

Hindustan Motors Ltd operates in the Auto - Cars & Jeeps segment, current market price is ₹12.20, market cap is 256 Cr.. At a glance, stock P/E is 71.8, ROE is 4.02 %, ROCE is 3.16 %, book value is 1.73, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹2.63, around 78.4% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹2 Cr versus the prior period change of -30.8%, while latest net profit is about ₹16 Cr with a prior-period change of -38.8%. The 52-week range shown on this page is 35.8/10.1, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisHindustan Motors Ltd. is a Public Limited Listed company incorporated on 11/02/1942 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is…

This summary is generated from the stock page data available for Hindustan Motors Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Hindustan Motors Ltd scores 34/100 (Weak)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health34/100 · Weak

ROCE 3.2% WeakROE 4.0% WeakD/E 4.11 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 32.3% Stable

Earnings Quality30/100 · Weak

OPM contracting (0% → -88%) DecliningWorking capital: 1,022 days Capital intensive

Quarterly Momentum35/100 · Weak

Revenue (4Q): -88% YoY DecliningProfit (4Q): -83% YoY DecliningOPM: 0.0% (up 43.0% YoY) Margin expansion

Industry Rank30/100 · Weak

P/E 71.8 vs industry 49.1 In-lineROCE 3.2% vs industry 12.4% Below peersROE 4.0% vs industry 10.0% Below peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:03 am

Market Cap	256 Cr.
Current Price	12.2
Intrinsic Value	₹2.63
High / Low	35.8/10.1
Stock P/E	71.8
Book Value	1.73
Dividend Yield	0.00 %
ROCE	3.16 %
ROE	4.02 %
Face Value	5.00
PEG Ratio	-2.55

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Hindustan Motors Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hindustan Motors Ltd	256 Cr.	12.2	35.8/10.1	71.8	1.73	0.00 %	3.16 %	4.02 %	5.00
Maruti Suzuki India Ltd	3,93,286 Cr.	12,509	17,372/11,059	26.3	3,172	1.08 %	21.7 %	15.9 %	5.00
Industry Average	196,771.00 Cr	6,260.60		49.05	1,586.87	0.54%	12.43%	9.96%	5.00

All Competitor Stocks of Hindustan Motors Ltd

Quarterly Result

Metric	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	0.00	0.00	0.00	0.00	0.00	1.37	1.88	0.87	0.79	0.59	0.00	0.00	0.00
Expenses	1.36	1.61	1.05	1.17	1.00	1.23	1.02	1.01	1.13	1.33	1.91	0.92	0.77
Operating Profit	-1.36	-1.61	-1.05	-1.17	-1.00	0.14	0.86	-0.14	-0.34	-0.74	-1.91	-0.92	-0.77
OPM %						10.22%	45.74%	-16.09%	-43.04%	-125.42%
Other Income	0.58	0.25	1.44	0.19	0.21	11.18	15.33	8.31	7.05	5.71	1.06	5.11	0.95
Interest	0.01	0.00	0.02	0.02	0.00	0.01	0.00	0.00	0.00	0.08	0.00	0.00	0.01
Depreciation	0.13	0.13	0.13	0.13	0.11	0.09	0.09	0.09	0.09	0.03	0.03	0.03	0.00
Profit before tax	-0.92	-1.49	0.24	-1.13	-0.90	11.22	16.10	8.08	6.62	4.86	-0.88	4.16	0.17
Tax %	-92.39%	-22.82%	0.00%	-11.50%	0.00%	0.00%	0.00%	0.00%	26.59%	31.28%	-19.32%	0.00%	76.47%
Net Profit	-0.07	-1.15	0.24	-1.00	-0.90	11.22	16.10	8.08	4.86	3.34	-0.71	4.16	0.04
EPS in Rs	-0.00	-0.06	0.01	-0.05	-0.04	0.54	0.77	0.39	0.23	0.16	-0.03	0.20	0.00

Last Updated: January 1, 2026, 10:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 9:46 am

Metric	Mar 2014n n 6m	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	182.78	15.10	0.81	1.13	-3.30	0.54	0.21	1.17	0.00	0.00	3.25	2.25	0.00
Expenses	227.05	52.96	22.13	17.52	12.55	6.61	6.00	5.04	6.63	5.16	4.42	5.38	4.69
Operating Profit	-44.27	-37.86	-21.32	-16.39	-15.85	-6.07	-5.79	-3.87	-6.63	-5.16	-1.17	-3.13	-4.69
OPM %	-24.22%	-250.73%	-2,632.10%	-1,450.44%		-1,124.07%	-2,757.14%	-330.77%			-36.00%	-139.11%
Other Income	108.46	5.88	1.53	12.22	88.35	35.52	5.88	11.01	27.61	4.79	26.91	22.13	8.28
Interest	56.45	7.82	10.36	10.30	8.80	1.65	0.05	0.09	0.02	0.13	0.03	0.08	0.01
Depreciation	8.44	2.10	1.89	1.56	1.43	1.20	0.88	0.82	0.61	0.53	0.42	0.24	0.06
Profit before tax	-0.70	-41.90	-32.04	-16.03	62.27	26.60	-0.84	6.23	20.35	-1.03	25.29	18.68	3.52
Tax %	338.57%	0.00%	0.00%	0.00%	9.14%	-0.41%	-2.38%	39.65%	8.30%	-103.88%	-0.51%	16.65%
Net Profit	-3.07	-41.90	-32.04	-16.03	56.58	26.71	-0.83	3.76	18.65	0.05	25.43	15.56	3.56
EPS in Rs	-0.17	-2.01	-1.54	-0.77	2.71	1.28	-0.04	0.18	0.89	0.00	1.22	0.75	0.17
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	23.53%	49.97%	452.96%	-52.79%	-103.11%	553.01%	396.01%	-99.73%	50760.00%	-38.81%
Change in YoY Net Profit Growth (%)	0.00%	26.44%	402.99%	-505.76%	-50.31%	656.12%	-157.00%	-495.74%	50859.73%	-50798.81%

Hindustan Motors Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-17%
5 Years:	61%
3 Years:	%
TTM:	-67%

Compounded Profit Growth
10 Years:	7%
5 Years:	25%
3 Years:	-46%
TTM:	-66%

Stock Price CAGR
10 Years:	13%
5 Years:	31%
3 Years:	11%
1 Year:	-22%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	4%

Last Updated: September 5, 2025, 6:20 am

Balance Sheet

Last Updated: December 10, 2025, 2:48 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	92.47	104.41	104.41	104.41	104.41	104.41	104.41	104.41	104.41	104.41	104.41	104.41	104.41
Reserves	-127.40	-165.81	-197.87	-217.01	-161.13	-134.68	-135.77	-132.15	-113.55	-113.45	-88.08	-72.51	-68.37
Borrowings	41.10	40.84	37.88	35.76	17.92	17.92	17.92	17.92	17.92	17.92	17.92	17.92	0.00
Other Liabilities	182.82	91.03	107.17	115.80	89.20	42.75	39.72	39.26	21.51	18.08	18.55	14.43	27.45
Total Liabilities	188.99	70.47	51.59	38.96	50.40	30.40	26.28	29.44	30.29	26.96	52.80	64.25	63.49
Fixed Assets	39.09	29.31	27.20	25.58	24.02	21.38	20.49	18.49	16.91	16.39	11.59	8.55	8.52
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.14	0.14	0.14	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11
Other Assets	149.76	41.02	24.25	13.27	26.27	8.91	5.68	10.84	13.27	10.46	41.10	55.59	54.86
Total Assets	188.99	70.47	51.59	38.96	50.40	30.40	26.28	29.44	30.29	26.96	52.80	64.25	63.49

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-24.06	33.15	8.52	10.64	-33.46	-13.97	-1.44	-4.67	-18.17	1.21	-15.25	-26.94
Cash from Investing Activity +	77.88	0.70	0.36	1.00	79.22	2.27	0.18	6.11	16.16	-0.52	15.68	25.77
Cash from Financing Activity +	-60.06	-34.52	-8.97	-11.64	-29.24	-2.16	-0.05	-0.09	-0.02	-0.13	-0.03	-0.08
Net Cash Flow	-6.24	-0.66	-0.08	0.00	16.52	-13.86	-1.31	1.35	-2.03	0.56	0.40	-1.25
Free Cash Flow	24.59	33.77	8.70	10.69	45.21	-12.40	-1.30	3.64	-2.62	1.21	13.94	-6.71
CFO/OP	54%	-91%	-35%	-65%	200%	161%	16%	68%	252%	-13%	1,303%	760%

Free Cash Flow

Month	Mar 2014n n 6m	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-44.27	-78.70	-59.20	-52.15	-33.77	-23.99	-23.71	-21.79	-24.55	-23.08	-19.09	-21.05

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2023	Mar 2024	Mar 2025
Debtor Days	36	33	532	333	-6	34	122	0		0	0
Inventory Days	37	279	774	413	226	196	196	0
Days Payable	119	667	2,795	3,011	3,073	6,721	14,209
Cash Conversion Cycle	-45	-355	-1,489	-2,265	-2,853	-6,491	-13,892	0		0	0
Working Capital Days	-166	-1,786	-51,880	-44,404	-10,531	-35,513	-87,061	-15,536		-1,696	1,022
ROCE %									-22%	2%	3%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	32.33%	32.33%	32.33%	32.33%	32.33%	32.33%	32.33%	32.33%	32.33%	32.33%	32.33%	32.33%
FIIs	0.02%	0.02%	0.02%	0.02%	0.04%	0.05%	0.06%	0.07%	0.16%	0.40%	0.02%	0.02%
DIIs	3.14%	3.14%	3.14%	3.14%	2.65%	2.63%	2.47%	2.47%	2.47%	2.19%	2.19%	2.19%
Public	64.49%	64.50%	64.49%	64.49%	64.98%	64.98%	65.12%	65.10%	65.03%	65.08%	65.45%	65.44%
No. of Shareholders	1,97,741	1,95,784	1,96,306	1,99,245	2,10,560	2,47,511	2,55,134	2,60,205	2,68,037	2,70,582	2,73,572	2,71,526

Shareholding Pattern Chart

No. of Shareholders

Hindustan Motors Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 16	Mar 15	Mar 14	Sep 13	Mar 12
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	-1.52	-2.13	-0.12	-4.01	-1.94
Diluted EPS (Rs.)	-1.52	-2.13	-0.12	-4.01	-1.94
Cash EPS (Rs.)	-1.43	-1.91	0.36	-3.00	-1.31
Book Value[Excl.RevalReserv]/Share (Rs.)	-4.82	-3.30	-1.90	-1.78	1.72
Book Value[Incl.RevalReserv]/Share (Rs.)	-4.47	-2.95	-1.90	-1.78	1.72
Revenue From Operations / Share (Rs.)	0.03	0.72	9.88	39.16	28.95
PBDIT / Share (Rs.)	-0.92	-1.53	-2.09	-5.77	-5.32
PBIT / Share (Rs.)	-1.02	-1.63	-2.54	-6.96	-6.58
PBT / Share (Rs.)	-1.52	-2.01	0.03	-4.64	-2.76
Net Profit / Share (Rs.)	-1.52	-2.01	-0.08	-4.19	-2.57
NP After MI And SOA / Share (Rs.)	-1.52	-2.01	-0.11	-3.97	-1.81
PBDIT Margin (%)	-2388.70	-211.75	-21.11	-14.73	-18.38
PBIT Margin (%)	-2621.41	-225.68	-25.73	-17.77	-22.74
PBT Margin (%)	-3895.32	-277.50	0.38	-11.85	-9.54
Net Profit Margin (%)	-3895.32	-277.50	-0.90	-10.70	-8.88
NP After MI And SOA Margin (%)	-3895.32	-277.50	-1.12	-10.14	-6.26
Return on Networth / Equity (%)	0.00	0.00	0.00	0.00	-105.63
Return on Capital Employeed (%)	25.55	87.26	213.85	1107.92	-146.24
Return On Assets (%)	-61.38	-59.45	-1.08	-27.62	-9.00
Long Term Debt / Equity (X)	-0.06	-0.19	0.00	0.00	0.99
Total Debt / Equity (X)	-0.09	-0.23	-0.53	-2.18	4.11
Asset Turnover Ratio (%)	0.01	0.11	0.80	0.00	1.28
Current Ratio (X)	0.14	0.32	0.58	0.44	0.49
Quick Ratio (X)	0.09	0.22	0.51	0.14	0.26
Inventory Turnover Ratio (X)	0.14	0.78	2.33	0.00	3.91
Interest Coverage Ratio (X)	-1.88	-4.09	-0.67	-3.57	-4.65
Interest Coverage Ratio (Post Tax) (X)	-2.06	-4.36	-0.86	-4.03	-5.59
Enterprise Value (Cr.)	116.73	146.98	151.79	201.09	254.71
EV / Net Operating Revenue (X)	143.60	9.73	0.83	0.27	0.50
EV / EBITDA (X)	-6.01	-4.60	-3.93	-1.88	-2.76
MarketCap / Net Operating Revenue (X)	131.79	8.69	0.73	0.18	0.33
Price / BV (X)	-1.06	-1.90	-3.80	-4.18	5.70
Price / Net Operating Revenue (X)	133.25	8.69	0.73	0.18	0.33
EarningsYield	-0.29	-0.31	-0.01	-0.53	-0.18

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Hindustan Motors Ltd. is a Public Limited Listed company incorporated on 11/02/1942 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L34103WB1942PLC018967 and registration number is 018967. Currently company belongs to the Industry of Auto - Cars & Jeeps. Company's Total Operating Revenue is Rs. 2.25 Cr. and Equity Capital is Rs. 104.41 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Auto - Cars & Jeeps	'Birla Building', 13th Floor, Kolkata West Bengal 700001	Contact not found

Management
Name	Position Held
Mr. A Sankaranarayanan	Director
Mr. Uttam Bose	Director
Mr. Sourav Daspatnaik	Director
Mr. Om Prakash Gupta	Director
Mrs. Mou Mukherjee	Director
Mrs. Sarada Hariharan	Director

FAQ

What is the intrinsic value of Hindustan Motors Ltd and is it undervalued?

As of 23 April 2026, Hindustan Motors Ltd's intrinsic value is ₹2.63, which is 78.44% lower than the current market price of ₹12.20, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (4.02 %), book value (₹1.73), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Hindustan Motors Ltd?

Hindustan Motors Ltd is trading at ₹12.20 as of 23 April 2026, with a FY2026-2027 high of ₹35.8 and low of ₹10.1. The stock is currently near its 52-week low. Market cap stands at ₹256 Cr..

How does Hindustan Motors Ltd's P/E ratio compare to its industry?

Hindustan Motors Ltd has a P/E ratio of 71.8, which is above the industry average of 49.05. The premium over industry average may reflect growth expectations or speculative interest.

Is Hindustan Motors Ltd financially healthy?

Key indicators for Hindustan Motors Ltd: ROCE of 3.16 % is on the lower side compared to the industry average of 12.43%; ROE of 4.02 % is below ideal levels (industry average: 9.96%). Dividend yield is 0.00 %.

Is Hindustan Motors Ltd profitable and how is the profit trend?

Hindustan Motors Ltd reported a net profit of ₹16 Cr in Mar 2025 on revenue of ₹2 Cr. Compared to ₹19 Cr in Mar 2022, the net profit shows a declining trend.

Does Hindustan Motors Ltd pay dividends?

Hindustan Motors Ltd has a dividend yield of 0.00 % at the current price of ₹12.20. The company is currently not paying meaningful dividends.