Fundamental Analysis of HS India Ltd

About the Company - HS India Ltd

H S India Ltd. is a Public Limited Listed company incorporated on 12/09/1989 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L55100MH1989PLC053417 and registration number is 053417. Currently Company is involved in the business activities of Restaurants without bars. Company’s Total Operating Revenue is Rs. 18.01 Cr. and Equity Capital is Rs. 16.24 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Hotels, Resorts & RestaurantsUnit No. 202, Morya Blue Moon, Mumbai Maharashtra 400053hsindialimited@gmail.com
http://www.hsindia.in
Management
NamePosition Held
Mr. Ramesh BansalManaging Director & CFO
Mr. Pushpendra Radheshyam BansalManaging Director
Mrs. Sangita BansalDirector
Mr. Pradeep DhawanIndependent Director
Mr. Ghanshyam Parasram MistryIndependent Director
Mr. Adityabhai JoshiIndependent Director

H S India Ltd. Share Price Update

Share PriceValue
Today₹18.90
Previous Day₹18.62

Basic Stock Data of HS India Ltd

Last Updated: June 26, 2024, 3:45 am

Market Cap 28.4 Cr.
Current Price 17.5
High / Low18.6/8.91
Stock P/E29.6
Book Value 18.2
Dividend Yield0.00 %
ROCE6.31 %
ROE3.62 %
Face Value 10.0
PEG Ratio-5.45

HS India Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales2.984.162.424.685.615.315.695.846.296.135.776.336.79
Expenses2.452.902.733.564.233.834.824.835.285.355.435.075.50
Operating Profit0.531.26-0.311.121.381.480.871.011.010.780.341.261.29
OPM %17.79%30.29%-12.81%23.93%24.60%27.87%15.29%17.29%16.06%12.72%5.89%19.91%19.00%
Other Income0.040.130.030.120.120.230.110.110.170.280.080.280.17
Interest0.430.420.400.510.440.510.480.480.490.490.480.480.44
Depreciation0.320.410.270.290.260.280.270.280.280.280.270.290.27
Profit before tax-0.180.56-0.950.440.800.920.230.360.410.29-0.330.770.75
Tax %105.56%114.29%2.11%2.27%-2.50%17.39%17.39%52.78%9.76%-3.45%-6.06%16.88%12.00%
Net Profit0.01-0.08-0.930.430.820.760.190.170.370.30-0.360.650.65
EPS in Rs0.01-0.05-0.570.260.500.470.120.100.230.18-0.220.400.40

Last Updated: June 11, 2024, 2:59 am

HS India Ltd Quarterly Chart

HS India Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales18.4919.4319.9820.9322.2622.7726.8228.9425.9110.2818.0123.9524.52
Expenses13.7014.9415.5714.5915.5416.2721.1223.2821.178.9314.3520.2821.13
Operating Profit4.794.494.416.346.726.505.705.664.741.353.663.673.39
OPM %25.91%23.11%22.07%30.29%30.19%28.55%21.25%19.56%18.29%13.13%20.32%15.32%13.83%
Other Income0.240.210.230.400.550.610.660.610.410.220.510.670.81
Interest1.661.281.153.283.312.912.492.052.201.731.851.941.94
Depreciation1.471.521.352.172.512.612.111.721.601.361.111.121.12
Profit before tax1.901.902.141.291.451.591.762.501.35-1.521.211.281.14
Tax %24.21%-26.32%20.09%51.94%23.45%34.59%-9.09%29.60%6.67%5.92%10.74%19.53%
Net Profit1.442.401.710.631.111.051.931.771.26-1.441.081.040.96
EPS in Rs0.891.481.050.390.680.651.191.090.78-0.890.670.640.59
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

HS India Ltd Profit & Loss Yearly Chart

HS India Ltd Growth

Compounded Sales Growth
10 Years:2%
5 Years:-2%
3 Years:-3%
TTM:8%
Compounded Profit Growth
10 Years:-8%
5 Years:-11%
3 Years:-6%
TTM:-17%
Stock Price CAGR
10 Years:15%
5 Years:17%
3 Years:43%
1 Year:70%
Return on Equity
10 Years:4%
5 Years:3%
3 Years:1%
Last Year:4%

HS India Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital16.2416.2416.2416.2416.2416.2416.2416.2416.2416.2416.2416.2416.24
Reserves3.746.147.847.658.749.7611.7213.4912.2310.8411.9813.0713.36
Borrowings9.337.144.7028.2025.5023.3319.9415.8316.3119.7723.6220.9219.27
Other Liabilities7.376.656.366.035.995.465.064.212.822.291.981.842.58
Total Liabilities36.6836.1735.1458.1256.4754.7952.9649.7747.6049.1453.8252.0751.45
Fixed Assets24.5223.4222.1924.1922.1419.7317.7416.0214.5113.1412.3011.5411.11
CWIP0.040.000.000.000.000.000.000.000.000.000.000.120.22
Investments3.513.513.516.665.845.845.845.842.692.692.692.692.69
Other Assets8.619.249.4427.2728.4929.2229.3827.9130.4033.3138.8337.7237.43
Total Assets36.6836.1735.1458.1256.4754.7952.9649.7747.6049.1453.8252.0751.45

HS India Ltd Reserves and Borrowings Chart

HS India Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 3.984.131.768.646.478.056.274.642.670.493.642.98
Cash from Investing Activity 2.40-0.41-0.12-23.820.18-0.20-0.080.00-0.080.00-0.26-0.48
Cash from Financing Activity -6.16-3.45-1.4017.52-6.31-6.47-6.66-6.24-1.852.021.81-4.65
Net Cash Flow0.220.270.242.340.341.39-0.46-1.600.742.515.19-2.15

HS India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days10.079.2010.419.7720.9923.0830.4829.8934.8079.5352.4940.23
Inventory Days78.3874.2458.2573.3479.0198.0041.0951.1450.7683.9469.1179.47
Days Payable55.4275.7881.8576.7588.10137.00113.0077.76109.58134.8179.8164.68
Cash Conversion Cycle33.037.66-13.186.3511.90-15.92-41.433.27-24.0228.6641.7855.02
Working Capital Days-50.34-48.84-17.54-54.76-49.36259.52209.85213.15311.33864.21505.04396.24
ROCE %10.97%10.91%11.29%11.30%9.44%9.02%8.66%9.74%7.86%0.46%6.20%6.31%

HS India Ltd Financial Efficiency Indicators Chart

HS India Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters41.29%41.29%41.29%41.29%41.29%41.29%41.29%41.29%41.29%41.29%41.29%41.29%
Public58.71%58.71%58.71%58.71%58.71%58.71%58.70%58.71%58.70%58.71%58.70%58.71%
No. of Shareholders2,8302,6742,6622,8692,8552,8413,3003,0923,0513,0453,2993,318

HS India Ltd Shareholding Pattern Chart

No. of HS India Ltd Shareholders

This stock is not held by any mutual fund

HS India Ltd ROCE Trend

HS India Ltd EPS Trend

HS India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.660.69-0.780.761.08
Diluted EPS (Rs.)0.660.69-0.780.761.08
Cash EPS (Rs.)1.331.35-0.041.762.15
Book Value[Excl.RevalReserv]/Share (Rs.)18.0517.3816.6817.5318.31
Book Value[Incl.RevalReserv]/Share (Rs.)18.0517.3816.6817.5318.31
Revenue From Operations / Share (Rs.)14.7511.096.3315.9617.82
PBDIT / Share (Rs.)2.672.570.963.173.86
PBIT / Share (Rs.)1.981.890.122.192.80
PBT / Share (Rs.)0.780.74-0.940.831.54
Net Profit / Share (Rs.)0.630.66-0.880.771.09
PBDIT Margin (%)18.1223.1515.2519.8521.67
PBIT Margin (%)13.4517.011.9813.6915.73
PBT Margin (%)5.356.73-14.855.218.66
Net Profit Margin (%)4.326.01-13.974.866.11
Return on Networth / Equity (%)3.533.83-5.304.435.94
Return on Capital Employeed (%)6.856.090.448.1010.71
Return On Assets (%)1.982.01-2.922.653.55
Long Term Debt / Equity (X)0.600.770.690.520.38
Total Debt / Equity (X)0.710.830.690.520.38
Asset Turnover Ratio (%)0.450.340.210.530.56
Current Ratio (X)7.3510.7511.457.813.75
Quick Ratio (X)7.1810.5511.227.653.65
Interest Coverage Ratio (X)2.242.250.902.343.06
Interest Coverage Ratio (Post Tax) (X)1.531.590.161.571.86
Enterprise Value (Cr.)28.0931.2319.8519.1221.34
EV / Net Operating Revenue (X)1.171.731.930.730.73
EV / EBITDA (X)6.477.4912.663.713.40
MarketCap / Net Operating Revenue (X)0.690.660.710.310.45
Price / BV (X)0.560.420.270.280.44
Price / Net Operating Revenue (X)0.690.660.710.310.45
EarningsYield0.060.09-0.190.150.13

HS India Ltd Profitability Ratios (%)

HS India Ltd Liquidity Ratios

HS India Ltd Liquidity Ratios (%)

HS India Ltd Interest Coverage Ratios (%)

HS India Ltd Valuation Ratios

Fair Value

Fair Value: 19.89

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.

Undervalued: 13.67% compared to the current price 17.5

Intrinsic Value: 18.81

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.

Undervalued: 7.49% compared to the current price ₹17.5

Last 5 Year EPS CAGR: -5.43%

*Investments are subject to market risks

Strength and Weakness of HS India Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (21.71 cr) and profit (1.38 cr) over the years.
  1. The stock has a low average ROCE of 8.51%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 211.54, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 7.76, which may not be favorable.
  4. The company has higher borrowings (17.99) compared to reserves (10.04), which may suggest financial risk.

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.