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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of HPL Electric & Power Ltd

About the Company - HPL Electric & Power Ltd

HPL Electric & Power Ltd. is a Public Limited Listed company incorporated on 28/05/1992 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1992PLC048945 and registration number is 048945. Currently Company is involved in the business activities of Manufacture of measuring, testing, navigating and control equipment. Company’s Total Operating Revenue is Rs. 1004.28 Cr. and Equity Capital is Rs. 64.30 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Consumer Electronics1/20, Asaf Ali Road, New Delhi Delhi 110002hpl@hplindia.com
http://www.hplindia.com
Management
NamePosition Held
Ms. Lalit SethChairman & Wholetime Director
Ms. Rishi SethManaging Director
Mr. Gautam SethJoint Managing Director & CFO
Mr. Hargovind SachdevIndependent Director
Dr. Rashmi VijIndependent Director
Mr. Dhruv GoyalIndependent Director

HPL Electric & Power Ltd. Share Price Update

Share PriceValue
Today₹342.60
Previous Day₹354.45

Basic Stock Data of HPL Electric & Power Ltd

Market Cap 2,392 Cr.
Current Price 372
High / Low399/74.1
Stock P/E58.1
Book Value 126
Dividend Yield0.27 %
ROCE8.85 %
ROE3.87 %
Face Value 10.0

Data Source: screener.in

Competitors of HPL Electric & Power Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Servotech Power Systems Ltd 2,074 Cr. 97.6109/16.5149 4.150.04 %17.7 %16.8 % 1.00
Genus Power Infrastructures Ltd 6,857 Cr. 266344/78.6134 45.30.28 %5.77 %3.00 % 1.00
ABB India Ltd 95,284 Cr. 4,4964,990/3,05378.8 2530.12 %23.0 %17.0 % 2.00
Urja Global Ltd 1,222 Cr. 23.341.8/6.00495 3.300.00 %1.55 %0.89 % 1.00
WS Industries (India) Ltd 759 Cr. 162194/17.427.3 20.60.00 %1.22 %63.8 % 10.0
Industry Average172.6 Cr110.58176.8265.270.09%9.85%20.3%3

HPL Electric & Power Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales227244308129280280325296302302363321350
Expenses193209264119247243280258264265318281303
Operating Profit34354410323746383837454047
OPM %15%14%14%8%12%13%14%13%13%12%12%12%13%
Other Income1111111111111
Interest16161617171717181919202222
Depreciation1111121212121211108899
Profit before tax8817-175917101010171117
Tax %6%-5%17%-14%-1%-1%22%35%35%35%36%36%35%
Net Profit7814-20591466611711
EPS in Rs1.091.302.19-3.100.771.442.100.980.980.991.751.081.71

HPL Electric & Power Ltd Quarterly Chart

HPL Electric & Power Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales7219111,0111,0471,1169861,0361,1589778751,0141,2621,336
Expenses6388019069229758629261,0258517568891,1051,167
Operating Profit83111105125141124110134126119125157169
OPM %12%12%10%12%13%13%11%12%13%14%12%12%13%
Other Income3455554444444
Interest41625970786851586164687583
Depreciation7111316192423323745473835
Profit before tax38423844483740483114144755
Tax %25%25%25%21%24%30%32%32%28%27%44%35%
Net Profit2831283537262833221083036
EPS in Rs15.7916.9215.2818.647.894.014.275.063.391.551.214.695.53
Dividend Payout %1%1%1%1%1%37%23%4%4%10%12%21%

HPL Electric & Power Ltd Profit & Loss Yearly Chart

HPL Electric & Power Ltd Growth

Compounded Sales Growth
10 Years:3%
5 Years:4%
3 Years:9%
TTM:14%
Compounded Profit Growth
10 Years:0%
5 Years:2%
3 Years:11%
TTM:27%
Stock Price CAGR
10 Years:%
5 Years:50%
3 Years:104%
1 Year:318%
Return on Equity
10 Years:4%
5 Years:3%
3 Years:2%
Last Year:4%

HPL Electric & Power Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital18191919466464646464646464
Reserves223263291300308624640664684694700729747
Preference Capital000000141516171819
Borrowings339367424514579376472511570565579581639
Other Liabilities188260252308405363345281250267294327339
Total Liabilities7689089861,1411,3381,4271,5211,5211,5691,5901,6381,7011,790
Fixed Assets175213277307335399425453494464447451458
CWIP66532903007321099
Investments151515155400000000
Other Assets5136276648199471,0281,0951,0601,0721,1241,1811,2411,323
Total Assets7689089861,1411,3381,4271,5211,5211,5691,5901,6381,7011,790

HPL Electric & Power Ltd Reserves and Borrowings Chart

HPL Electric & Power Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -16634627103320836385101104
Cash from Investing Activity -45-33-49-39-92-51-59-57-60-8-41-40
Cash from Financing Activity 79-24-220-144940-29-3-71-58-74
Net Cash Flow175-68-312-3-062-10

HPL Electric & Power Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days110108118140168174165148173214182174
Inventory Days153149132157156211227199262293283211
Days Payable10711798125164148154104104126128100
Cash Conversion Cycle156140152173160236237244332381337285
Working Capital Days146134139160163210224215275315288250
ROCE %16%17%14%15%14%11%8%9%7%6%6%9%

HPL Electric & Power Ltd Financial Efficiency Indicators Chart

HPL Electric & Power Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters72.34%72.66%72.66%72.66%72.66%72.66%72.66%72.66%72.66%72.66%72.66%72.66%
FIIs0.00%0.00%0.00%0.00%0.08%0.01%0.00%0.06%0.43%0.02%0.43%0.00%
DIIs3.12%3.51%1.71%1.26%1.26%1.26%1.26%1.26%0.82%0.31%0.24%0.23%
Public24.54%23.83%25.63%26.08%26.00%26.07%26.08%26.03%26.09%27.02%26.68%27.12%
No. of Shareholders46,95151,16353,27861,79166,12767,24866,98965,87266,12465,65664,21573,575

HPL Electric & Power Ltd Shareholding Pattern Chart

No. of HPL Electric & Power Ltd Shareholders

This stock is not held by any mutual fund

HPL Electric & Power Ltd ROCE Trend

HPL Electric & Power Ltd EPS Trend

HPL Electric & Power Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)4.691.211.553.395.06
Diluted EPS (Rs.)4.691.211.553.395.06
Cash EPS (Rs.)10.678.548.559.2310.07
Book Value[Excl.RevalReserv]/Share (Rs.)123.69119.17118.20116.69113.53
Book Value[Incl.RevalReserv]/Share (Rs.)123.69119.17118.20116.69113.53
Revenue From Operations / Share (Rs.)196.30157.69136.09151.87180.16
PBDIT / Share (Rs.)24.9520.1119.1420.1421.50
PBIT / Share (Rs.)18.9812.7912.1514.3216.51
PBT / Share (Rs.)7.262.172.134.767.47
Net Profit / Share (Rs.)4.701.211.563.415.09
NP After MI And SOA / Share (Rs.)4.691.211.553.395.06
PBDIT Margin (%)12.7112.7514.0613.2511.93
PBIT Margin (%)9.678.118.929.429.16
PBT Margin (%)3.691.371.563.134.14
Net Profit Margin (%)2.390.761.142.242.82
NP After MI And SOA Margin (%)2.390.761.132.222.80
Return on Networth / Equity (%)3.801.011.312.904.46
Return on Capital Employeed (%)13.889.719.4111.1313.68
Return On Assets (%)1.770.470.621.382.13
Long Term Debt / Equity (X)0.030.050.030.040.03
Total Debt / Equity (X)0.720.710.700.740.71
Asset Turnover Ratio (%)0.750.630.540.610.73
Current Ratio (X)1.461.441.421.381.34
Quick Ratio (X)0.870.790.830.780.78
Inventory Turnover Ratio (X)1.691.411.241.411.82
Dividend Payout Ratio (NP) (%)3.1912.409.685.9019.76
Dividend Payout Ratio (CP) (%)1.401.751.752.179.95
Earning Retention Ratio (%)96.8187.6090.3294.1080.24
Cash Earning Retention Ratio (%)98.6098.2598.2597.8390.05
Interest Coverage Ratio (X)2.131.891.912.112.38
Interest Coverage Ratio (Post Tax) (X)1.401.111.161.361.56
Enterprise Value (Cr.)1071.00898.39794.67647.00811.11
EV / Net Operating Revenue (X)0.840.880.900.660.70
EV / EBITDA (X)6.686.956.465.005.87
MarketCap / Net Operating Revenue (X)0.420.400.350.140.30
Retention Ratios (%)96.8087.5990.3194.0980.23
Price / BV (X)0.680.530.410.180.49
Price / Net Operating Revenue (X)0.420.400.350.140.30
EarningsYield0.050.010.030.150.09

HPL Electric & Power Ltd Profitability Ratios (%)

HPL Electric & Power Ltd Liquidity Ratios

HPL Electric & Power Ltd Liquidity Ratios (%)

HPL Electric & Power Ltd Interest Coverage Ratios (%)

HPL Electric & Power Ltd Valuation Ratios

Fair Value of HPL Electric & Power Ltd Stock

Fair Value: ₹284.07

The stock is overvalued by 23.64% compared to the current price ₹372

*Investments are subject to market risks

Strength and Weakness of HPL Electric & Power Ltd Stock

StrengthWeakness
  1. The company has higher reserves (528.23 cr) compared to borrowings (7.62 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (344.46 cr) and profit (38.15 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 14.95 and average Dividend Yield of 9.06%.
  2. The stock has a low average ROCE of 11.00%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 209.92, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 236.08, which may not be favorable.

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 HPL Electric & Power 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