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Last Updated on: 19 June, 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

Basic Stock Data of Hindusthan National Glass & Industries Ltd

Last Updated: June 17, 2024, 8:31 pm

Market Cap 186 Cr.
Current Price 20.8
High / Low25.8/10.6
Stock P/E0.70
Book Value 92.9
Dividend Yield0.00 %
ROCE19.9 %
ROE%
Face Value 2.00
PEG Ratio0.01

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

Last Updated: June 14, 2024, 6:40 pm

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:1%
3 Years:10%
TTM:4%
Compounded Profit Growth
10 Years:11%
5 Years:25%
3 Years:43%
TTM:214%
Stock Price CAGR
10 Years:-18%
5 Years:-14%
3 Years:-23%
1 Year:82%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: June 13, 2024, 3:30 am

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days987579777973565166614444
Inventory Days461361284287407264178240284208156253
Days Payable300264228250306247165117175220205221
Cash Conversion Cycle259173135115179907017517548-575
Working Capital Days522352757112-71-118-42-84-100-74
ROCE %-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

Fair Value: 9.95

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.

Overvalued: 52.17% compared to the current price 20.8

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

Intrinsic Value: 19.74

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.

Overvalued: 5.11% compared to the current price ₹20.8

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

Last 5 Year EPS CAGR: 98.36%

*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 -17.00, which is a positive sign.
  1. The stock has a low average ROCE of -2.50%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 124.08, which may not be favorable.
  3. The company has higher borrowings (2,427.46) compared to reserves (83.23), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (1.38) and profit (-171.62).

FAQ

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

The latest fair value of Hindusthan National Glass & Industries Ltd is ₹9.95.

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

The Market Cap of Hindusthan National Glass & Industries Ltd is 186 Cr..

What is the current Stock Price of Hindusthan National Glass & Industries Ltd as on 19 June 2024?

The current stock price of Hindusthan National Glass & Industries Ltd as on 19 June 2024 is ₹20.8.

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

In FY 2024, the High / Low of Hindusthan National Glass & Industries Ltd stocks is 25.8/10.6.

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

The Stock P/E of Hindusthan National Glass & Industries Ltd is 0.70.

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

The Book Value of Hindusthan National Glass & Industries Ltd is 92.9.

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.

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