Hindusthan National Glass & Industries Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 5, 2025, 9:49 am

Market Cap	191 Cr.
Current Price	21.4
High / Low	31.5/15.8
Stock P/E	1.59
Book Value	86.3
Dividend Yield	0.00 %
ROCE	19.9 %
ROE	%
Face Value	2.00
PEG Ratio	0.02

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Hindusthan National Glass & Industries Ltd

Competitors of Hindusthan National Glass & Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Haldyn Glass Ltd	528 Cr.	98.3	186/84.0	25.1	38.5	0.71 %	12.9 %	9.75 %	1.00
Hindusthan National Glass & Industries Ltd	191 Cr.	21.4	31.5/15.8	1.59	86.3	0.00 %	19.9 %	%	2.00
Industry Average	359.50 Cr	59.85		13.35	62.40	0.36%	16.40%	9.75%	1.50

All Competitor Stocks of Hindusthan National Glass & Industries Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	584.74	592.36	634.10	572.22	589.46	661.47	701.05	612.02	617.43	621.84	553.61	434.45	417.35
Expenses	646.06	686.22	741.27	646.92	575.25	607.02	610.14	533.81	557.83	560.31	493.75	408.93	410.78
Operating Profit	-61.32	-93.86	-107.17	-74.70	14.21	54.45	90.91	78.21	59.60	61.53	59.86	25.52	6.57
OPM %	-10.49%	-15.85%	-16.90%	-13.05%	2.41%	8.23%	12.97%	12.78%	9.65%	9.89%	10.81%	5.87%	1.57%
Other Income	1.98	6.59	2.80	3.85	4.41	2.91	22.20	9.59	8.33	-75.46	6.35	6.22	5.77
Interest	13.15	4.14	2.89	7.83	1.68	14.94	2.72	0.04	0.62	0.97	0.61	0.70	0.03
Depreciation	29.51	29.36	30.17	28.29	24.58	23.27	23.22	22.71	22.63	19.52	19.33	19.16	19.24
Profit before tax	-102.00	-120.77	-137.43	-106.97	-7.64	19.15	87.17	65.05	44.68	-34.42	46.27	11.88	-6.93
Tax %	0.03%	0.00%	0.00%	0.00%	0.00%	2.25%	0.13%	0.17%	0.25%	-3.52%	-0.48%	-1.85%	-3.17%
Net Profit	-102.03	-120.78	-137.43	-106.98	-7.64	18.73	87.07	64.95	44.58	-33.21	46.49	12.10	-6.71
EPS in Rs	-11.39	-13.49	-15.35	-11.95	-0.85	2.09	9.72	7.25	4.98	-3.71	5.19	1.35	-0.75

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

Below is a detailed analysis of the quarterly data for Hindusthan National Glass & Industries 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 ₹417.35 Cr.. The value appears to be declining and may need further review. It has decreased from 434.45 Cr. (Sep 2024) to ₹417.35 Cr., marking a decrease of 17.10 Cr..
For Expenses, as of Dec 2024, the value is ₹410.78 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 408.93 Cr. (Sep 2024) to ₹410.78 Cr., marking an increase of ₹1.85 Cr..
For Operating Profit, as of Dec 2024, the value is ₹6.57 Cr.. The value appears to be declining and may need further review. It has decreased from 25.52 Cr. (Sep 2024) to ₹6.57 Cr., marking a decrease of 18.95 Cr..
For OPM %, as of Dec 2024, the value is 1.57%. The value appears to be declining and may need further review. It has decreased from 5.87% (Sep 2024) to 1.57%, marking a decrease of 4.30%.
For Other Income, as of Dec 2024, the value is ₹5.77 Cr.. The value appears to be declining and may need further review. It has decreased from 6.22 Cr. (Sep 2024) to ₹5.77 Cr., marking a decrease of 0.45 Cr..
For Interest, as of Dec 2024, the value is ₹0.03 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.70 Cr. (Sep 2024) to ₹0.03 Cr., marking a decrease of 0.67 Cr..
For Depreciation, as of Dec 2024, the value is ₹19.24 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19.16 Cr. (Sep 2024) to ₹19.24 Cr., marking an increase of ₹0.08 Cr..
For Profit before tax, as of Dec 2024, the value is ₹-6.93 Cr.. The value appears to be declining and may need further review. It has decreased from 11.88 Cr. (Sep 2024) to ₹-6.93 Cr., marking a decrease of 18.81 Cr..
For Tax %, as of Dec 2024, the value is -3.17%. The value appears to be improving (decreasing) as expected. It has decreased from -1.85% (Sep 2024) to -3.17%, marking a decrease of 1.32%.
For Net Profit, as of Dec 2024, the value is ₹-6.71 Cr.. The value appears to be declining and may need further review. It has decreased from 12.10 Cr. (Sep 2024) to ₹-6.71 Cr., marking a decrease of 18.81 Cr..
For EPS in Rs, as of Dec 2024, the value is -0.75. The value appears to be declining and may need further review. It has decreased from ₹1.35 (Sep 2024) to -0.75, marking a decrease of ₹2.10.

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 7, 2025, 8:06 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,826	1,814	1,998	1,979	1,854	1,960	2,392	2,286	1,899	2,087	2,457	2,552	2,027
Expenses	1,669	1,636	1,783	1,712	1,660	1,848	2,261	2,024	1,855	2,228	2,571	2,262	1,874
Operating Profit	157	178	214	267	193	113	131	263	44	-141	-113	290	153
OPM %	9%	10%	11%	13%	10%	6%	5%	11%	2%	-7%	-5%	11%	8%
Other Income	-1	86	63	5	93	2	107	16	-3	32	14	-35	-57
Interest	204	257	259	255	238	252	253	233	210	120	27	4	2
Depreciation	198	247	254	199	175	161	159	148	134	119	106	88	77
Profit before tax	-246	-239	-236	-182	-127	-298	-173	-103	-304	-349	-233	162	17
Tax %	-30%	-9%	0%	-0%	-0%	-1%	0%	-0%	-0%	-0%	0%	-1%
Net Profit	-172	-218	-237	-182	-127	-295	-173	-103	-304	-349	-233	163	19
EPS in Rs	-19.67	-24.98	-27.14	-20.87	-14.55	-32.89	-19.31	-11.50	-33.96	-38.92	-26.05	18.24	2.08
Dividend Payout %	-1%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-26.74%	-8.72%	23.21%	30.22%	-132.28%	41.36%	40.46%	-195.15%	-14.80%	33.24%	169.96%
Change in YoY Net Profit Growth (%)	0.00%	18.03%	31.92%	7.01%	-162.50%	173.64%	-0.89%	-235.61%	180.34%	48.04%	136.72%

Hindusthan National Glass & Industries 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:	3%
5 Years:	1%
3 Years:	10%
TTM:	-22%

Compounded Profit Growth
10 Years:	11%
5 Years:	25%
3 Years:	43%
TTM:	-44%

Stock Price CAGR
10 Years:	-16%
5 Years:	-10%
3 Years:	19%
1 Year:	7%

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

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:34 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	17	17	17	17	17	18	18	18	18	18	18	18	18
Reserves	983	749	495	505	377	129	-39	-143	-450	-784	-1,016	-850	-791
Borrowings	2,697	2,561	2,697	2,602	2,568	2,530	2,391	2,445	2,255	2,225	2,264	2,264	2,264
Other Liabilities	711	646	662	595	623	638	809	863	1,187	1,484	1,592	1,468	1,448
Total Liabilities	4,408	3,974	3,870	3,720	3,586	3,315	3,179	3,184	3,010	2,942	2,858	2,900	2,939
Fixed Assets	2,687	2,505	2,307	2,424	2,294	2,146	2,037	1,926	1,775	1,682	1,631	1,446	1,409
CWIP	148	146	121	75	100	125	110	87	86	83	24	29	30
Investments	181	145	233	108	36	36	2	2	1	1	1	1	1
Other Assets	1,392	1,178	1,210	1,113	1,155	1,008	1,030	1,169	1,148	1,176	1,201	1,424	1,499
Total Assets	4,408	3,974	3,870	3,720	3,586	3,315	3,179	3,184	3,010	2,942	2,858	2,900	2,939

Below is a detailed analysis of the balance sheet data for Hindusthan National Glass & Industries 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 ₹18.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹18.00 Cr..
For Reserves, as of Sep 2024, the value is ₹-791.00 Cr.. The value appears to be improving (becoming less negative). It has improved from ₹-850.00 Cr. (Mar 2024) to ₹-791.00 Cr., marking an improvement of ₹59.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹2,264.00 Cr.. The value remains steady. However, Reserves are negative, which is a major warning sign. There is no change compared to the previous period (Mar 2024) which recorded ₹2,264.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,448.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹1,468.00 Cr. (Mar 2024) to ₹1,448.00 Cr., marking a decrease of 20.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,939.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹2,900.00 Cr. (Mar 2024) to ₹2,939.00 Cr., marking an increase of 39.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹1,409.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1,446.00 Cr. (Mar 2024) to ₹1,409.00 Cr., marking a decrease of 37.00 Cr..
For CWIP, as of Sep 2024, the value is ₹30.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹29.00 Cr. (Mar 2024) to ₹30.00 Cr., marking an increase of 1.00 Cr..
For Investments, as of Sep 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹1.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,499.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,424.00 Cr. (Mar 2024) to ₹1,499.00 Cr., marking an increase of 75.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,939.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,900.00 Cr. (Mar 2024) to ₹2,939.00 Cr., marking an increase of 39.00 Cr..

However, the Borrowings (2,264.00 Cr.) are higher than the Reserves (₹-791.00 Cr.), which may signal higher financial risk.

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	61	338	180	308	166	249	219	-70	198	38	53	176
Cash from Investing Activity +	-457	118	-75	52	96	-43	96	14	-14	1	3	-1
Cash from Financing Activity +	423	-465	-130	-356	-265	-205	-166	5	-134	-35	-2	0
Net Cash Flow	27	-9	-25	4	-3	1	149	-51	50	4	54	175

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	155.00	176.00	212.00	265.00	191.00	111.00	129.00	261.00	42.00	-143.00	-115.00	288.00

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	98	75	79	77	79	73	56	51	66	61	44	44
Inventory Days	461	361	284	287	407	264	178	240	284	208	161	257
Days Payable	300	264	228	250	306	247	165	117	175	220	205	221
Cash Conversion Cycle	259	173	135	115	179	90	70	175	175	48	1	79
Working Capital Days	52	23	52	75	71	12	-71	-118	-42	-84	-98	-73
ROCE %	-1%	-2%	-1%	2%	1%	-2%	-0%	6%	-4%	-14%	-15%	20%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	70.73%	70.73%	70.73%	70.73%	70.72%	70.72%	70.72%	70.72%	70.72%	70.72%	70.72%	70.72%
FIIs	0.00%	0.00%	0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	29.27%	29.27%	28.94%	29.27%	29.28%	29.27%	29.26%	29.27%	29.27%	29.26%	29.27%	29.27%
No. of Shareholders	6,423	7,267	13,302	14,377	14,268	14,115	13,783	13,355	12,720	12,058	11,828	11,567

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 18	Mar 17	Mar 16	Mar 15	Mar 14
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	-32.28	-13.10	-17.45	-27.26	-22.53
Diluted EPS (Rs.)	-32.28	-13.10	-17.45	-27.26	-22.53
Cash EPS (Rs.)	-14.92	6.25	8.50	6.62	13.05
Book Value[Excl.RevalReserv]/Share (Rs.)	17.80	45.57	59.08	44.31	73.44
Book Value[Incl.RevalReserv]/Share (Rs.)	17.80	45.57	59.08	54.40	83.90
Revenue From Operations / Share (Rs.)	215.22	213.03	258.14	266.76	249.14
PBDIT / Share (Rs.)	12.80	21.89	39.90	39.44	43.17
PBIT / Share (Rs.)	-5.17	1.87	13.27	5.56	9.78
PBT / Share (Rs.)	-33.29	-13.77	-17.80	-27.15	-23.01
Net Profit / Share (Rs.)	-32.89	-13.77	-18.13	-27.26	-20.35
NP After MI And SOA / Share (Rs.)	-31.83	-13.10	-17.45	-27.26	-22.53
PBDIT Margin (%)	5.94	10.27	15.45	14.78	17.32
PBIT Margin (%)	-2.40	0.87	5.14	2.08	3.92
PBT Margin (%)	-15.46	-6.46	-6.89	-10.17	-9.23
Net Profit Margin (%)	-15.28	-6.46	-7.02	-10.21	-8.16
NP After MI And SOA Margin (%)	-14.78	-6.14	-6.75	-10.21	-9.04
Return on Networth / Equity (%)	-178.80	-28.74	-29.53	-61.52	-30.67
Return on Capital Employeed (%)	-2.53	0.70	4.27	1.91	3.08
Return On Assets (%)	-8.56	-3.18	-3.81	-5.69	-4.42
Long Term Debt / Equity (X)	10.34	4.75	4.21	5.25	3.14
Total Debt / Equity (X)	14.09	6.07	5.25	7.05	4.04
Asset Turnover Ratio (%)	0.55	0.49	0.50	0.48	0.41
Current Ratio (X)	0.65	0.87	0.93	0.85	0.77
Quick Ratio (X)	0.32	0.40	0.45	0.47	0.40
Inventory Turnover Ratio (X)	1.09	0.98	1.13	1.09	0.97
Interest Coverage Ratio (X)	0.45	0.80	1.28	1.21	1.32
Interest Coverage Ratio (Post Tax) (X)	-0.16	0.06	0.41	0.16	0.37
Enterprise Value (Cr.)	3199.30	3335.47	3384.16	3670.82	3866.43
EV / Net Operating Revenue (X)	1.66	1.79	1.50	1.58	1.78
EV / EBITDA (X)	27.91	17.45	9.71	10.66	10.25
MarketCap / Net Operating Revenue (X)	0.49	0.49	0.30	0.40	0.60
Price / BV (X)	6.03	2.32	1.34	2.46	2.04
Price / Net Operating Revenue (X)	0.49	0.49	0.30	0.40	0.60
EarningsYield	-0.29	-0.12	-0.22	-0.25	-0.15

After reviewing the key financial ratios for Hindusthan National Glass & Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 18, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 17) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 18, the value is -32.28. This value is below the healthy minimum of 5. It has decreased from -13.10 (Mar 17) to -32.28, marking a decrease of 19.18.
For Diluted EPS (Rs.), as of Mar 18, the value is -32.28. This value is below the healthy minimum of 5. It has decreased from -13.10 (Mar 17) to -32.28, marking a decrease of 19.18.
For Cash EPS (Rs.), as of Mar 18, the value is -14.92. This value is below the healthy minimum of 3. It has decreased from 6.25 (Mar 17) to -14.92, marking a decrease of 21.17.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 18, the value is 17.80. It has decreased from 45.57 (Mar 17) to 17.80, marking a decrease of 27.77.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 18, the value is 17.80. It has decreased from 45.57 (Mar 17) to 17.80, marking a decrease of 27.77.
For Revenue From Operations / Share (Rs.), as of Mar 18, the value is 215.22. It has increased from 213.03 (Mar 17) to 215.22, marking an increase of 2.19.
For PBDIT / Share (Rs.), as of Mar 18, the value is 12.80. This value is within the healthy range. It has decreased from 21.89 (Mar 17) to 12.80, marking a decrease of 9.09.
For PBIT / Share (Rs.), as of Mar 18, the value is -5.17. This value is below the healthy minimum of 0. It has decreased from 1.87 (Mar 17) to -5.17, marking a decrease of 7.04.
For PBT / Share (Rs.), as of Mar 18, the value is -33.29. This value is below the healthy minimum of 0. It has decreased from -13.77 (Mar 17) to -33.29, marking a decrease of 19.52.
For Net Profit / Share (Rs.), as of Mar 18, the value is -32.89. This value is below the healthy minimum of 2. It has decreased from -13.77 (Mar 17) to -32.89, marking a decrease of 19.12.
For NP After MI And SOA / Share (Rs.), as of Mar 18, the value is -31.83. This value is below the healthy minimum of 2. It has decreased from -13.10 (Mar 17) to -31.83, marking a decrease of 18.73.
For PBDIT Margin (%), as of Mar 18, the value is 5.94. This value is below the healthy minimum of 10. It has decreased from 10.27 (Mar 17) to 5.94, marking a decrease of 4.33.
For PBIT Margin (%), as of Mar 18, the value is -2.40. This value is below the healthy minimum of 10. It has decreased from 0.87 (Mar 17) to -2.40, marking a decrease of 3.27.
For PBT Margin (%), as of Mar 18, the value is -15.46. This value is below the healthy minimum of 10. It has decreased from -6.46 (Mar 17) to -15.46, marking a decrease of 9.00.
For Net Profit Margin (%), as of Mar 18, the value is -15.28. This value is below the healthy minimum of 5. It has decreased from -6.46 (Mar 17) to -15.28, marking a decrease of 8.82.
For NP After MI And SOA Margin (%), as of Mar 18, the value is -14.78. This value is below the healthy minimum of 8. It has decreased from -6.14 (Mar 17) to -14.78, marking a decrease of 8.64.
For Return on Networth / Equity (%), as of Mar 18, the value is -178.80. This value is below the healthy minimum of 15. It has decreased from -28.74 (Mar 17) to -178.80, marking a decrease of 150.06.
For Return on Capital Employeed (%), as of Mar 18, the value is -2.53. This value is below the healthy minimum of 10. It has decreased from 0.70 (Mar 17) to -2.53, marking a decrease of 3.23.
For Return On Assets (%), as of Mar 18, the value is -8.56. This value is below the healthy minimum of 5. It has decreased from -3.18 (Mar 17) to -8.56, marking a decrease of 5.38.
For Long Term Debt / Equity (X), as of Mar 18, the value is 10.34. This value exceeds the healthy maximum of 1. It has increased from 4.75 (Mar 17) to 10.34, marking an increase of 5.59.
For Total Debt / Equity (X), as of Mar 18, the value is 14.09. This value exceeds the healthy maximum of 1. It has increased from 6.07 (Mar 17) to 14.09, marking an increase of 8.02.
For Asset Turnover Ratio (%), as of Mar 18, the value is 0.55. It has increased from 0.49 (Mar 17) to 0.55, marking an increase of 0.06.
For Current Ratio (X), as of Mar 18, the value is 0.65. This value is below the healthy minimum of 1.5. It has decreased from 0.87 (Mar 17) to 0.65, marking a decrease of 0.22.
For Quick Ratio (X), as of Mar 18, the value is 0.32. This value is below the healthy minimum of 1. It has decreased from 0.40 (Mar 17) to 0.32, marking a decrease of 0.08.
For Inventory Turnover Ratio (X), as of Mar 18, the value is 1.09. This value is below the healthy minimum of 4. It has increased from 0.98 (Mar 17) to 1.09, marking an increase of 0.11.
For Interest Coverage Ratio (X), as of Mar 18, the value is 0.45. This value is below the healthy minimum of 3. It has decreased from 0.80 (Mar 17) to 0.45, marking a decrease of 0.35.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 18, the value is -0.16. This value is below the healthy minimum of 3. It has decreased from 0.06 (Mar 17) to -0.16, marking a decrease of 0.22.
For Enterprise Value (Cr.), as of Mar 18, the value is 3,199.30. It has decreased from 3,335.47 (Mar 17) to 3,199.30, marking a decrease of 136.17.
For EV / Net Operating Revenue (X), as of Mar 18, the value is 1.66. This value is within the healthy range. It has decreased from 1.79 (Mar 17) to 1.66, marking a decrease of 0.13.
For EV / EBITDA (X), as of Mar 18, the value is 27.91. This value exceeds the healthy maximum of 15. It has increased from 17.45 (Mar 17) to 27.91, marking an increase of 10.46.
For MarketCap / Net Operating Revenue (X), as of Mar 18, the value is 0.49. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 17) which recorded 0.49.
For Price / BV (X), as of Mar 18, the value is 6.03. This value exceeds the healthy maximum of 3. It has increased from 2.32 (Mar 17) to 6.03, marking an increase of 3.71.
For Price / Net Operating Revenue (X), as of Mar 18, the value is 0.49. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 17) which recorded 0.49.
For EarningsYield, as of Mar 18, the value is -0.29. This value is below the healthy minimum of 5. It has decreased from -0.12 (Mar 17) to -0.29, marking a decrease of 0.17.

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 Hindusthan National Glass & Industries Ltd as of March 11, 2025 is: ₹16.80

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 11, 2025, Hindusthan National Glass & Industries Ltd is Overvalued by 21.50% compared to the current share price 21.40

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of Hindusthan National Glass & Industries Ltd as of March 11, 2025 is: 34.60

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 11, 2025, Hindusthan National Glass & Industries Ltd is Undervalued by 61.68% compared to the current share price 21.40

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 105.94%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -16.75, which is a positive sign.	The stock has a low average ROCE of -0.83%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 124.92, which may not be favorable. The company has higher borrowings (2,443.31) compared to reserves (-64.23), which may suggest financial risk. The company has not shown consistent growth in sales (1.46) and profit (-177.77).

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 Hindusthan National Glass & Industries Ltd:
1. Net Profit Margin: -15.28%
  - 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: -2.53% (Industry Average ROCE: 16.4%)
  - 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%: -178.8% (Industry Average ROE: 9.75%)
  - 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): -0.16
  - 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: 0.32
  - 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: 1.59 (Industry average Stock P/E: 13.35)
  - 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: 14.09
  - 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

Hindusthan National Glass & Industries Ltd. is a Public Limited Listed company incorporated on 23/02/1946 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L26109WB1946PLC013294 and registration number is 013294. Currently company belongs to the Industry of Glass & Glass Products. Company's Total Operating Revenue is Rs. 2552.35 Cr. and Equity Capital is Rs. 17.91 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Glass & Glass Products	2, Red Cross Place, Kolkata West Bengal 700001	cosec@hngil.com http://www.hngil.com

Management
Name	Position Held
Mr. Amal Chandra Saha	Independent Director
Mrs. Rita Bhimani	Independent Director
Mr. Neeraj Kumar Sureka	Independent Director

FAQ

What is the latest intrinsic value of Hindusthan National Glass & Industries Ltd?

The latest intrinsic value of Hindusthan National Glass & Industries Ltd as on 08 March 2025 is ₹16.80, which is 21.50% lower than the current market price of ₹21.40, indicating the stock is overvalued by 21.50%. The intrinsic value of Hindusthan National Glass & Industries Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹191 Cr. and recorded a high/low of ₹31.5/15.8 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹-791 Cr and total liabilities of ₹2,939 Cr.

What is the Market Cap of Hindusthan National Glass & Industries Ltd?

The Market Cap of Hindusthan National Glass & Industries Ltd is 191 Cr..

What is the current Stock Price of Hindusthan National Glass & Industries Ltd as on 08 March 2025?

The current stock price of Hindusthan National Glass & Industries Ltd as on 08 March 2025 is ₹21.4.

What is the High / Low of Hindusthan National Glass & Industries Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Hindusthan National Glass & Industries Ltd stocks is ₹31.5/15.8.

What is the Stock P/E of Hindusthan National Glass & Industries Ltd?

The Stock P/E of Hindusthan National Glass & Industries Ltd is 1.59.

What is the Book Value of Hindusthan National Glass & Industries Ltd?

The Book Value of Hindusthan National Glass & Industries Ltd is 86.3.

What is the Dividend Yield of Hindusthan National Glass & Industries Ltd?

The Dividend Yield of Hindusthan National Glass & Industries Ltd is 0.00 %.

What is the ROCE of Hindusthan National Glass & Industries Ltd?

The ROCE of Hindusthan National Glass & Industries Ltd is 19.9 %.

What is the ROE of Hindusthan National Glass & Industries Ltd?

The ROE of Hindusthan National Glass & Industries Ltd is %.

What is the Face Value of Hindusthan National Glass & Industries Ltd?

The Face Value of Hindusthan National Glass & Industries Ltd is 2.00.