Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 540530 | NSE: HUDCO

Housing & Urban Development Corporation Ltd (HUDCO): Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 10:04 pm

Market Cap 40,305 Cr.
Current Price 201
High / Low354/81.2
Stock P/E16.4
Book Value 85.5
Dividend Yield2.06 %
ROCE9.23 %
ROE13.2 %
Face Value 10.0
PEG Ratio2.30

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

View Share Price Target for Housing & Urban Development Corporation Ltd (HUDCO)

Competitors of Housing & Urban Development Corporation Ltd (HUDCO)

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Tourism Finance Corporation of India Ltd 1,432 Cr. 156268/10714.5 1261.60 %10.5 %8.65 % 10.0
Power Finance Corporation Ltd (PFC) 1,49,896 Cr. 453580/3097.07 3332.98 %9.85 %21.3 % 10.0
IFCI Ltd 15,503 Cr. 59.291.4/24.0107 22.40.00 %10.2 %2.48 % 10.0
Housing & Urban Development Corporation Ltd (HUDCO) 40,305 Cr. 201354/81.216.4 85.52.06 %9.23 %13.2 % 10.0
Industry Average51,784.00 Cr217.3036.24141.731.66%9.95%11.41%10.00

All Competitor Stocks of Housing & Urban Development Corporation Ltd (HUDCO)

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Revenue1,7901,7371,7001,7271,7491,7391,7101,8521,8431,8652,0132,0652,188
Interest1,1451,1501,1411,0971,1171,1091,1321,1501,1911,2171,3131,2401,464
Expenses10897304-39985103245-155605512847
Financing Profit5374902541,029547527333857592593688817678
Financing Margin %30%28%15%60%31%30%19%46%32%32%34%40%31%
Other Income89917881010916101299
Depreciation1223333322222
Profit before tax5444972621,043553532340864598606696943685
Tax %26%25%26%28%26%26%25%26%25%26%25%26%19%
Net Profit405370195747412396254639446452519700558
EPS in Rs2.021.850.973.732.061.981.273.192.232.262.593.502.79
Gross NPA %
Net NPA %

Last Updated: October 18, 2024, 12:39 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 18, 2024, 12:39 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Revenue2,8862,9783,3833,2703,5364,2285,5847,5677,2676,9867,0827,8298,131
Interest1,5671,7021,7751,9081,9862,2953,0714,8484,7654,5334,5074,9615,233
Expenses309192477319468526652544277111279134122
Financing Profit1,0101,0841,1311,0441,0821,4081,8612,1762,2252,3422,2962,7342,776
Financing Margin %35%36%33%32%31%33%33%29%31%34%32%35%34%
Other Income562544379867411114119164
Depreciation545555567811109
Profit before tax1,0611,1051,1701,0761,1751,4081,8632,1742,2292,3462,2892,8432,930
Tax %34%34%34%27%28%28%37%21%29%27%26%26%
Net Profit7007347687838421,0101,1801,7081,5781,7161,7012,1172,229
EPS in Rs349.51366.64383.803.914.215.045.898.537.898.578.5010.5711.14
Dividend Payout %21%14%13%13%13%11%14%36%28%41%45%39%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)4.86%4.63%1.95%7.54%19.95%16.83%44.75%-7.61%8.75%-0.87%24.46%
Change in YoY Net Profit Growth (%)0.00%-0.22%-2.68%5.58%12.42%-3.12%27.91%-52.36%16.36%-9.62%25.33%

Housing & Urban Development Corporation Ltd (HUDCO) 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:10%
5 Years:7%
3 Years:3%
TTM:21%
Compounded Profit Growth
10 Years:11%
5 Years:12%
3 Years:10%
TTM:38%
Stock Price CAGR
10 Years:%
5 Years:37%
3 Years:70%
1 Year:145%
Return on Equity
10 Years:12%
5 Years:13%
3 Years:12%
Last Year:13%

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 Capital2,0022,0022,0022,0022,0022,0022,0022,0022,0022,0022,0022,0022,002
Reserves4,5135,1305,7796,4447,1667,9408,95310,34011,18612,46513,44214,61115,121
Borrowings13,55318,88818,31525,44928,19636,27759,84861,43760,97861,50362,90573,99693,565
Other Liabilities6,8814,2047,0181,9991,9752,6952,0262,3472,7922,9242,6212,8143,231
Total Liabilities26,94930,22433,11435,89439,33948,91472,82876,12676,95878,89480,96993,422113,919
Fixed Assets71687573727171658293908887
CWIP18272539433539523925191514
Investments684754756367367527534232250257630297834
Other Assets26,17629,37632,25935,41538,85748,28172,18575,77776,58878,51880,23093,022112,984
Total Assets26,94930,22433,11435,89439,33948,91472,82876,12676,95878,89480,96993,422113,919

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1,988-3,663-182-4,965-2,598-7,830-23,400-1,3362,161-806-851-10,287
Cash from Investing Activity +532-80-13372-5-41883-14-1-352435
Cash from Financing Activity +-2,1823,3752044,6592,5097,85823,4221,365-1,0838169110,174
Net Cash Flow338-368966-9324391121,063-726-512322

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow296.00174.00459.00294.00440.00490.00593.00483.00217.0050.00217.0061.00

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
ROE %11%11%10%10%9%11%11%15%12%12%11%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters81.81%81.81%81.81%81.81%81.81%81.81%81.81%81.81%75.17%75.00%75.00%75.00%
FIIs0.17%0.21%0.22%0.24%0.12%0.30%0.32%0.65%1.20%1.91%2.70%2.32%
DIIs8.26%7.96%7.81%7.60%7.30%7.29%7.17%7.15%11.80%11.39%11.64%9.05%
Public9.76%10.02%10.17%10.34%10.77%10.61%10.69%10.41%11.83%11.70%10.66%13.63%
No. of Shareholders3,17,0073,27,1043,27,0913,28,2283,26,4273,30,6153,39,7443,37,8063,89,7645,52,6376,39,4119,25,775

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Balanced Advantage Fund - Regular Plan3,300,0000.0879.79399,4392024-11-20726.16%
HSBC Multi Cap Fund2,179,2001.2452.69399,4392024-11-20445.57%
JM Flexicap Fund2,000,0001.0748.36399,4392024-11-20400.7%
JM Midcap Fund998,9761.3824.16399,4392024-11-20150.09%
JM Value Fund640,0001.4315.48399,4392024-11-2060.22%
Bank of India Small Cap Fund500,3580.812.1399,4392024-11-2025.27%
Edelweiss Aggressive Hybrid Fund464,1420.5111.22399,4392024-11-2016.2%
Edelweiss Aggressive Hybrid Fund - Plan B464,1420.5111.22399,4392024-11-2016.2%
LIC MF Infrastructure Fund426,9941.3810.32399,4392024-11-206.9%
Kotak Nifty Alpha 50 ETF399,4392.849.66399,4392024-11-200%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)10.578.508.577.898.53
Diluted EPS (Rs.)10.578.508.577.898.53
Cash EPS (Rs.)10.628.568.617.928.56
Book Value[Excl.RevalReserv]/Share (Rs.)82.9877.1472.2765.8861.65
Book Value[Incl.RevalReserv]/Share (Rs.)82.9877.1472.2765.8861.65
Revenue From Operations / Share (Rs.)38.8835.2134.7436.1437.62
PBDIT / Share (Rs.)39.0334.0134.4034.9735.11
PBIT / Share (Rs.)38.9833.9534.3634.9335.08
PBT / Share (Rs.)14.2011.4411.7211.1310.86
Net Profit / Share (Rs.)10.578.508.577.888.53
NP After MI And SOA / Share (Rs.)10.578.508.577.888.53
PBDIT Margin (%)100.3896.5799.0296.7693.30
PBIT Margin (%)100.2596.4198.9196.6693.23
PBT Margin (%)36.5232.4733.7330.8028.87
Net Profit Margin (%)27.1924.1324.6821.8122.68
NP After MI And SOA Margin (%)27.1924.1324.6821.8122.67
Return on Networth / Equity (%)12.7411.0111.8611.9613.84
Return on Capital Employeed (%)12.9110.449.799.299.42
Return On Assets (%)2.262.102.172.052.24
Long Term Debt / Equity (X)2.543.123.764.624.98
Total Debt / Equity (X)4.454.074.254.624.98
Asset Turnover Ratio (%)0.080.080.080.090.10
Current Ratio (X)2.825.069.0143.9245.64
Quick Ratio (X)2.825.069.0143.9245.64
Dividend Payout Ratio (NP) (%)14.188.828.749.518.78
Dividend Payout Ratio (CP) (%)14.128.768.709.468.76
Earning Retention Ratio (%)85.8291.1891.2690.4991.22
Cash Earning Retention Ratio (%)85.8891.2491.3090.5491.24
Interest Coverage Ratio (X)1.581.511.521.471.45
Interest Coverage Ratio (Post Tax) (X)1.431.381.381.331.35
Enterprise Value (Cr.)111104.1371512.4667405.3268338.9065007.59
EV / Net Operating Revenue (X)14.2710.149.699.458.63
EV / EBITDA (X)14.2210.509.799.769.25
MarketCap / Net Operating Revenue (X)4.821.230.941.210.53
Retention Ratios (%)85.8191.1791.2590.4891.21
Price / BV (X)2.260.560.450.660.32
Price / Net Operating Revenue (X)4.821.230.941.210.53
EarningsYield0.050.190.260.170.42

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Housing & Urban Development Corporation Ltd (HUDCO) as of November 22, 2024 is: 188.90

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 22, 2024, Housing & Urban Development Corporation Ltd (HUDCO) is Overvalued by 6.02% compared to the current share price 201.00

Intrinsic Value of Housing & Urban Development Corporation Ltd (HUDCO) as of November 22, 2024 is: 202.39

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 22, 2024, Housing & Urban Development Corporation Ltd (HUDCO) is Undervalued by 0.69% compared to the current share price 201.00

Last 5 Year EPS CAGR: 7.14%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

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 Housing & Urban Development Corporation Ltd (HUDCO):
    1. Net Profit Margin: 27.19%
      • 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: 12.91% (Industry Average ROCE: 9.95%)
      • 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%: 12.74% (Industry Average ROE: 11.41%)
      • 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): 1.43
      • 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: 2.82
      • 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: 16.4 (Industry average Stock P/E: 36.24)
      • 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: 4.45
      • 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

Housing and Urban Development Corporation Ltd. is a Public Limited Listed company incorporated on 25/04/1970 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1970GOI005276 and registration number is 005276. Currently company belongs to the Industry of Finance - Housing. Company’s Total Operating Revenue is Rs. 6954.08 Cr. and Equity Capital is Rs. 2001.90 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance - Term Lending InstitutionsHUDCO Bhawan, Core 7-A, New Delhi Delhi 110003cswhudco@hudco.org
http://www.hudco.org
Management
NamePosition Held
Mr. Sanjay KulshresthaChairman & Managing Director
Mr. Daljeet Singh KhatriDirector - Finance
Mr. M NagarajDirector
Mr. Kuldip NarayanPart Time Official Director
Mr. SanjeetPart Time Official Director
Dr. Ravindra Kumar RayNon Official Independent Director
Dr. Siyaram SinghNon Official Independent Director
Mrs. Sabitha BojanNon Official Independent Director

FAQ

What is the latest intrinsic value of Housing & Urban Development Corporation Ltd (HUDCO)?

The latest intrinsic value of Housing & Urban Development Corporation Ltd (HUDCO) as on 21 November 2024 is ₹188.90, which is 6.02% lower than the current market price of ₹201.00.

What is the Market Cap of Housing & Urban Development Corporation Ltd (HUDCO)?

The Market Cap of Housing & Urban Development Corporation Ltd (HUDCO) is 40,305 Cr..

What is the current Stock Price of Housing & Urban Development Corporation Ltd (HUDCO) as on 21 November 2024?

The current stock price of Housing & Urban Development Corporation Ltd (HUDCO) as on 21 November 2024 is ₹201.

What is the High / Low of Housing & Urban Development Corporation Ltd (HUDCO) stocks in FY 2024?

In FY 2024, the High / Low of Housing & Urban Development Corporation Ltd (HUDCO) stocks is 354/81.2.

What is the Stock P/E of Housing & Urban Development Corporation Ltd (HUDCO)?

The Stock P/E of Housing & Urban Development Corporation Ltd (HUDCO) is 16.4.

What is the Book Value of Housing & Urban Development Corporation Ltd (HUDCO)?

The Book Value of Housing & Urban Development Corporation Ltd (HUDCO) is 85.5.

What is the Dividend Yield of Housing & Urban Development Corporation Ltd (HUDCO)?

The Dividend Yield of Housing & Urban Development Corporation Ltd (HUDCO) is 2.06 %.

What is the ROCE of Housing & Urban Development Corporation Ltd (HUDCO)?

The ROCE of Housing & Urban Development Corporation Ltd (HUDCO) is 9.23 %.

What is the ROE of Housing & Urban Development Corporation Ltd (HUDCO)?

The ROE of Housing & Urban Development Corporation Ltd (HUDCO) is 13.2 %.

What is the Face Value of Housing & Urban Development Corporation Ltd (HUDCO)?

The Face Value of Housing & Urban Development Corporation Ltd (HUDCO) is 10.0.

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 Housing & Urban Development Corporation Ltd (HUDCO). 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