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Last Updated on: 24 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

HLV Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 24, 2024, 9:40 pm

Market Cap 1,117 Cr.
Current Price 17.0
High / Low42.0/14.8
Stock P/E49.3
Book Value 6.81
Dividend Yield0.00 %
ROCE5.66 %
ROE5.53 %
Face Value 2.00
PEG Ratio-1.28

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

View Share Price Target for HLV Ltd

Competitors of HLV Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Industry Average0 Cr0000%0.59%0.49%0

All Competitor Stocks of HLV Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales6.959.027.3415.4325.2325.2339.9435.4245.4952.0342.6241.3755.37
Expenses21.5623.8619.5122.3525.4325.4335.2436.3940.3245.0638.2236.9544.47
Operating Profit-14.61-14.84-12.17-6.92-0.20-0.204.70-0.975.176.974.404.4210.90
OPM %-210.22%-164.52%-165.80%-44.85%-0.79%-0.79%11.77%-2.74%11.37%13.40%10.32%10.68%19.69%
Other Income7.2918.842.989.48-9.29-9.29-3.431.342.888.181.591.782.88
Interest0.461.250.710.780.330.331.291.201.171.450.630.610.60
Depreciation3.424.173.293.303.293.292.652.742.802.953.463.573.65
Profit before tax-11.20-1.42-13.19-1.52-13.11-13.11-2.67-3.574.0810.751.902.029.53
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%24.51%-0.37%0.00%0.00%0.00%
Net Profit-11.20-1.42-13.19-1.52-13.11-13.11-2.67-3.573.0810.791.902.029.53
EPS in Rs-0.18-0.02-0.21-0.02-0.20-0.20-0.04-0.050.050.160.030.030.14

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5726457186366616981381541461973173182
Expenses5085305735455085231502381837294157161
Operating Profit6311514592153175-12-83-37-53-211621
OPM %11%18%20%14%23%25%-9%-54%-25%-280%-28%9%12%
Other Income383850-138-13412-2524333-7914
Interest32140550219888900012254
Depreciation10213918122724014113101214131113
Profit before tax23-421-487-470-187-15-23-119194-36-43919
Tax %20%-3%9%12%4%0%0%0%0%0%0%11%
Net Profit19-433-441-416-180-15-23-119194-36-43818
EPS in Rs0.48-10.35-9.78-8.91-3.86-0.33-0.37-1.893.07-0.57-0.640.120.27
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-2378.95%-1.85%5.67%56.73%91.67%-53.33%-417.39%263.03%-118.56%-19.44%118.60%
Change in YoY Net Profit Growth (%)0.00%2377.10%7.52%51.06%34.94%-145.00%-364.06%680.42%-381.58%99.11%138.05%

HLV Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:-12%
5 Years:5%
3 Years:119%
TTM:11%
Compounded Profit Growth
10 Years:7%
5 Years:18%
3 Years:36%
TTM:58%
Stock Price CAGR
10 Years:-3%
5 Years:19%
3 Years:16%
1 Year:-23%
Return on Equity
10 Years:-5%
5 Years:6%
3 Years:0%
Last Year:6%

Last Updated: Unknown

Balance Sheet

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital8490939393126126126126132132132132
Reserves1,13978032514538258140331296280287312317
Borrowings4,6594,9055,0344,3294,1823,7813,610335648333329
Other Liabilities470510376396421396313169119100114104114
Total Liabilities6,3526,2855,8284,9634,7344,5624,189660596560566580592
Fixed Assets5,5995,5335,2914,3913,9833,822344329316298312309308
CWIP166158173812511005110
Investments46469090909000040000
Other Assets5405484304436496443,844330280222249269274
Total Assets6,3526,2855,8284,9634,7344,5624,189660596560566580592

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +153177231174220192209139-29-493524
Cash from Investing Activity +-50-14-646973271293,824112216-33
Cash from Financing Activity +-84-171-169-852-233-214-327-3,976426-41-2
Net Cash Flow19-8-219-9511-14-15-011-11

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow63.00111.00141.0087.00149.00171.00-15.00-86.00-70.00-109.00-69.00-17.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days33362935372191551955242827
Inventory Days5103783202602011,076334165184
Days Payable3213793953961,8388,7743,0311,9441,887
Cash Conversion Cycle22334-46-10237219155-1,619-7,643-2,673-1,751-1,676
Working Capital Days-982-1,030-130-156-159-1,676-6,842-386333-51-24
ROCE %-0%-0%-2%2%2%0%-2%8%-9%-7%3%6%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters49.57%49.57%49.57%49.57%49.57%49.57%49.58%49.58%49.58%49.58%47.03%45.36%
FIIs0.00%0.00%0.00%0.00%0.00%0.05%0.01%0.03%0.00%0.00%0.23%0.09%
DIIs0.18%2.17%2.17%2.17%2.17%1.84%1.55%1.55%1.55%1.55%1.55%1.55%
Public50.25%48.26%48.26%48.26%48.27%48.53%48.87%48.84%48.86%48.87%51.19%53.00%
No. of Shareholders84,20485,65285,61685,28985,11285,95085,44283,96886,2601,08,4421,35,5721,36,416

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 20Mar 19Mar 18Mar 17Mar 16
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)3.07-1.89-0.43-0.33-3.86
Diluted EPS (Rs.)3.07-1.89-0.43-0.33-3.86
Cash EPS (Rs.)3.26-0.44-0.612.691.28
Book Value[Excl.RevalReserv]/Share (Rs.)7.254.216.092.81-3.75
Book Value[Incl.RevalReserv]/Share (Rs.)7.254.216.092.815.09
Revenue From Operations / Share (Rs.)2.312.452.1914.9614.16
PBDIT / Share (Rs.)-0.480.02-0.084.633.48
PBIT / Share (Rs.)-0.67-0.12-0.291.61-1.66
PBT / Share (Rs.)-0.32-0.59-0.82-0.33-8.11
Net Profit / Share (Rs.)3.07-0.59-0.82-0.33-3.86
NP After MI And SOA / Share (Rs.)3.07-1.89-0.36-0.33-3.86
PBDIT Margin (%)-20.901.18-4.0030.9624.59
PBIT Margin (%)-29.09-5.01-13.6210.74-11.69
PBT Margin (%)-13.86-24.48-37.61-2.21-57.28
Net Profit Margin (%)132.97-24.48-37.61-2.21-27.25
NP After MI And SOA Margin (%)132.97-77.05-16.84-2.21-27.25
Return on Networth / Equity (%)42.35-44.79-6.04-11.800.00
Return on Capital Employeed (%)-8.54-0.77-0.531.82-1.70
Return On Assets (%)29.36-2.83-0.50-0.32-3.63
Long Term Debt / Equity (X)0.012.688.0030.05-24.31
Total Debt / Equity (X)0.072.898.3130.20-24.31
Asset Turnover Ratio (%)0.060.030.020.140.12
Current Ratio (X)1.581.180.450.790.44
Quick Ratio (X)1.541.180.420.750.34
Interest Coverage Ratio (X)-33.494.63-43.502.391.85
Interest Coverage Ratio (Post Tax) (X)-46.61-19.51-147.910.82-0.80
Enterprise Value (Cr.)215.951435.094251.794669.135054.72
EV / Net Operating Revenue (X)1.489.3030.856.697.65
EV / EBITDA (X)-7.09781.38-769.6721.6031.09
MarketCap / Net Operating Revenue (X)1.394.517.851.091.27
Price / BV (X)0.442.622.815.81-4.81
Price / Net Operating Revenue (X)1.394.517.851.091.27
EarningsYield0.96-0.17-0.02-0.02-0.21

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of HLV Ltd as of November 24, 2024 is: 18.94

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 November 24, 2024, HLV Ltd is Undervalued by 11.41% compared to the current share price 17.00

Intrinsic Value of HLV Ltd as of November 24, 2024 is: 11.65

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 November 24, 2024, HLV Ltd is Overvalued by 31.47% compared to the current share price 17.00

Last 5 Year EPS CAGR: -38.50%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -76.00, which is a positive sign.
  1. The stock has a low average ROCE of 0.08%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 42.33, which may not be favorable.
  3. The company has higher borrowings (2,364.00) compared to reserves (357.54), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (370.38) and profit (-119.69).

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 HLV Ltd:
    1. Net Profit Margin: 132.97%
      • 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: -8.54% (Industry Average ROCE: 0.59%)
      • 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%: 42.35% (Industry Average ROE: 0.49%)
      • 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): -46.61
      • 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: 1.54
      • 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: 49.3 (Industry average Stock P/E: 0)
      • 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: 0.07
      • 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

HLV Ltd. is a Public Limited Listed company incorporated on 20/03/1981 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L55101MH1981PLC024097 and registration number is 024097. Currently Company is involved in the business activities of Restaurants and mobile food service activities. Company’s Total Operating Revenue is Rs. 73.00 Cr. and Equity Capital is Rs. 131.85 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Hotels, Resorts & RestaurantsThe Leela, Sahar, Mumbai Maharashtra 400059investor.service@hlvltd.com
http://www.hlvltd.com
Management
NamePosition Held
Mr. Vivek NairChairman & Managing Director
Mr. Dinesh NairCo-Chairman & Manag. Director
Mrs. Salini Madhu NairDirector
Mr. Shereveer VakilDirector
Ms. Niranjana UnnikrishnanDirector
Ms. Amruda NairDirector
Mr. Ashok RajaniDirector
Ms. Saija NairDirector
Mr. Vinay KapadiaDirector

FAQ

What is the latest intrinsic value of HLV Ltd?

The latest intrinsic value of HLV Ltd as on 24 November 2024 is ₹18.94, which is 11.41% higher than the current market price of ₹17.00.

What is the Market Cap of HLV Ltd?

The Market Cap of HLV Ltd is 1,117 Cr..

What is the current Stock Price of HLV Ltd as on 24 November 2024?

The current stock price of HLV Ltd as on 24 November 2024 is 17.0.

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

In FY 2024, the High / Low of HLV Ltd stocks is 42.0/14.8.

What is the Stock P/E of HLV Ltd?

The Stock P/E of HLV Ltd is 49.3.

What is the Book Value of HLV Ltd?

The Book Value of HLV Ltd is 6.81.

What is the Dividend Yield of HLV Ltd?

The Dividend Yield of HLV Ltd is 0.00 %.

What is the ROCE of HLV Ltd?

The ROCE of HLV Ltd is 5.66 %.

What is the ROE of HLV Ltd?

The ROE of HLV Ltd is 5.53 %.

What is the Face Value of HLV Ltd?

The Face Value of HLV 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 HLV 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