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

Fundamental Analysis of Hindusthan National Glass & Industries Ltd

About the Company - Hindusthan National Glass & Industries Ltd

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. 2097.00 Cr. and Equity Capital is Rs. 17.91 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Glass & Glass Products2, Red Cross Place, Kolkata West Bengal 700001cosec@hngil.com
http://www.hngil.com
Management
NamePosition Held
Mr. Ratna Kumar DagaIndependent Director
Mrs. Rita BhimaniIndependent Director
Mr. Amal Chandra SahaIndependent Director

Hindusthan National Glass & Industries Ltd. Share Price Update

Share PriceValue
Today₹25.05
Previous Day₹25.05

Basic Stock Data of Hindusthan National Glass & Industries Ltd

Market Cap 199 Cr.
Current Price 22.2
High / Low25.8/8.73
Stock P/E0.92
Book Value 94.5
Dividend Yield0.00 %
ROCE15.1 %
ROE%
Face Value 2.00

Data Source: screener.in

Hindusthan National Glass & Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales522592425494585592634572589661701612617
Expenses513568414484646686741647575607610534558
Operating Profit924119-61-94-107-751454917860
OPM %2%4%3%2%-10%-16%-17%-13%2%8%13%13%10%
Other Income2531427344322108
Interest5250525213438215301
Depreciation32353030302930282523232323
Profit before tax-73-54-68-58-102-121-137-107-819876545
Tax %0%0%0%0%-0%0%0%0%0%2%0%0%0%
Net Profit-73-54-68-58-102-121-137-107-819876545
EPS in Rs-8.18-6.08-7.54-6.50-11.39-13.49-15.35-11.95-0.852.099.727.254.98

Hindusthan National Glass & Industries Ltd Quarterly Chart

Hindusthan National Glass & Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,8891,8261,8141,9981,9791,8541,9602,3922,2861,8992,0872,4572,564
Expenses1,5861,6691,6361,7831,7121,6601,8482,2612,0241,8552,2282,5712,326
Operating Profit30315717821426719311313126344-141-113238
OPM %16%9%10%11%13%10%6%5%11%2%-7%-5%9%
Other Income1-18663593210716-3321439
Interest922042572592552382522532332101202719
Depreciation11719824725419917516115914813411910694
Profit before tax95-246-239-236-182-127-298-173-103-304-349-233164
Tax %4%30%9%-0%0%0%1%-0%0%0%0%-0%
Net Profit91-172-218-237-182-127-295-173-103-304-349-233163
EPS in Rs10.40-19.67-24.98-27.14-20.87-14.55-32.89-19.31-11.50-33.96-38.92-26.0518.21
Dividend Payout %14%-1%0%0%0%0%0%0%0%0%0%0%

Hindusthan National Glass & Industries Ltd Profit & Loss Yearly Chart

Hindusthan National Glass & Industries Ltd Growth

Compounded Sales Growth
10 Years:3%
5 Years:5%
3 Years:2%
TTM:9%
Compounded Profit Growth
10 Years:-5%
5 Years:4%
3 Years:%
TTM:158%
Stock Price CAGR
10 Years:-17%
5 Years:-24%
3 Years:-5%
1 Year:149%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Hindusthan National Glass & Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital17171717171718181818181818
Reserves1,140983749495505377129-39-143-450-784-1,016-864
Borrowings2,0582,6972,5612,6972,6022,5682,5302,3912,4452,2552,2252,2642,264
Other Liabilities6277116466625956236388098631,1871,4841,5781,493
Total Liabilities3,8434,4083,9743,8703,7203,5863,3153,1793,1843,0102,9422,8442,911
Fixed Assets1,3932,6872,5052,3072,4242,2942,1462,0371,9261,7751,6821,6311,586
CWIP1,157148146121751001251108786832424
Investments1811811452331083636221111
Other Assets1,1121,3921,1781,2101,1131,1551,0081,0301,1691,1481,1761,1871,299
Total Assets3,8434,4083,9743,8703,7203,5863,3153,1793,1843,0102,9422,8442,911

Hindusthan National Glass & Industries Ltd Reserves and Borrowings Chart

Hindusthan National Glass & Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 5561338180308166249219-701983850
Cash from Investing Activity -1,359-457118-755296-439614-1416
Cash from Financing Activity 1,308423-465-130-356-265-205-1665-134-35-2
Net Cash Flow527-9-254-31149-5150454

Hindusthan National Glass & Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days669875797779735651666144
Inventory Days244461361284287407264178240284208156
Days Payable116300264228250306247165117175220205
Cash Conversion Cycle195259173135115179907017517548-5
Working Capital Days58522352757112-71-118-42-84-100
ROCE %8%-1%-2%-1%2%1%-2%-0%6%-4%-14%-15%

Hindusthan National Glass & Industries Ltd Financial Efficiency Indicators Chart

Hindusthan National Glass & Industries Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters70.73%70.73%70.73%70.73%70.73%70.73%70.72%70.72%70.72%70.72%70.72%70.72%
FIIs0.00%0.00%0.00%0.00%0.33%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public29.27%29.27%29.27%29.27%28.94%29.27%29.28%29.27%29.26%29.27%29.27%29.26%
No. of Shareholders6,5016,8326,4237,26713,30214,37714,26814,11513,78313,35512,72012,058

Hindusthan National Glass & Industries Ltd Shareholding Pattern Chart

No. of Hindusthan National Glass & Industries Ltd Shareholders

This stock is not held by any mutual fund

Hindusthan National Glass & Industries Ltd ROCE Trend

Hindusthan National Glass & Industries Ltd EPS Trend

Hindusthan National Glass & Industries Ltd Key Financial Ratios

MonthMar 18Mar 17Mar 16Mar 15Mar 14
FaceValue2.002.002.002.002.00
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.)-14.926.258.506.6213.05
Book Value[Excl.RevalReserv]/Share (Rs.)17.8045.5759.0844.3173.44
Book Value[Incl.RevalReserv]/Share (Rs.)17.8045.5759.0854.4083.90
Revenue From Operations / Share (Rs.)215.22213.03258.14266.76249.14
PBDIT / Share (Rs.)12.8021.8939.9039.4443.17
PBIT / Share (Rs.)-5.171.8713.275.569.78
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 (%)5.9410.2715.4514.7817.32
PBIT Margin (%)-2.400.875.142.083.92
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 (%)-2.530.704.271.913.08
Return On Assets (%)-8.56-3.18-3.81-5.69-4.42
Long Term Debt / Equity (X)10.344.754.215.253.14
Total Debt / Equity (X)14.096.075.257.054.04
Asset Turnover Ratio (%)0.550.490.500.480.41
Current Ratio (X)0.650.870.930.850.77
Quick Ratio (X)0.320.400.450.470.40
Inventory Turnover Ratio (X)1.090.981.131.090.97
Interest Coverage Ratio (X)0.450.801.281.211.32
Interest Coverage Ratio (Post Tax) (X)-0.160.060.410.160.37
Enterprise Value (Cr.)3199.303335.473384.163670.823866.43
EV / Net Operating Revenue (X)1.661.791.501.581.78
EV / EBITDA (X)27.9117.459.7110.6610.25
MarketCap / Net Operating Revenue (X)0.490.490.300.400.60
Price / BV (X)6.032.321.342.462.04
Price / Net Operating Revenue (X)0.490.490.300.400.60
EarningsYield-0.29-0.12-0.22-0.25-0.15

Hindusthan National Glass & Industries Ltd Profitability Ratios (%)

Hindusthan National Glass & Industries Ltd Liquidity Ratios

Hindusthan National Glass & Industries Ltd Liquidity Ratios (%)

Hindusthan National Glass & Industries Ltd Interest Coverage Ratios (%)

Hindusthan National Glass & Industries Ltd Valuation Ratios

Fair Value of Hindusthan National Glass & Industries Ltd Stock

Fair Value: ₹13.30

The stock is overvalued by 40.08% compared to the current price ₹22.2

*Investments are subject to market risks

Strength and Weakness of Hindusthan National Glass & Industries Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -6.00, which is a positive sign.
  1. The stock is trading at a high valuation with an average P/B ratio of 5.06 and average Dividend Yield of 1.92%.
  2. The stock has a low average ROCE of -1.83%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 134.08, which may not be favorable.
  4. The company has higher borrowings (2,427.46) compared to reserves (83.23), which may suggest financial risk.
  5. The company has not shown consistent growth in sales (1.38) and profit (-171.62).

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 Hindusthan National Glass & Industries 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