Halder Venture Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 23, 2024, 9:53 am

Market Cap	215 Cr.
Current Price	680
High / Low	958/214
Stock P/E	12.7
Book Value	204
Dividend Yield	0.14 %
ROCE	10.6 %
ROE	20.9 %
Face Value	10.0
PEG Ratio	-3.04

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Halder Venture Ltd

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Halder Venture Ltd	215 Cr.	680	958/214	12.7	204	0.14 %	10.6 %	20.9 %	10.0
Industry Average	215.00 Cr	680.00		12.70	204.00	0.14%	10.60%	20.90%	10.00

All Competitor Stocks of

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	289.18	439.73	208.82	139.50	100.68	56.96	48.41	158.80	136.45	120.89	133.76	252.55	166.32
Expenses	274.10	420.15	204.95	139.50	97.70	58.21	43.88	153.85	130.71	114.01	129.53	235.61	156.11
Operating Profit	15.08	19.58	3.87	0.00	2.98	-1.25	4.53	4.95	5.74	6.88	4.23	16.94	10.21
OPM %	5.21%	4.45%	1.85%	0.00%	2.96%	-2.19%	9.36%	3.12%	4.21%	5.69%	3.16%	6.71%	6.14%
Other Income	4.60	6.41	0.85	4.95	4.30	2.81	1.63	0.00	1.34	0.10	0.60	5.22	2.23
Interest	1.75	2.17	2.06	1.92	1.41	1.29	2.20	3.42	3.83	3.22	5.45	6.35	5.15
Depreciation	0.64	0.61	0.66	0.73	0.64	0.64	1.06	1.28	1.21	1.22	1.31	1.23	1.18
Profit before tax	17.29	23.21	2.00	2.30	5.23	-0.37	2.90	0.25	2.04	2.54	-1.93	14.58	6.11
Tax %	31.58%	29.56%	39.50%	20.87%	32.31%	0.00%	33.45%	28.00%	51.96%	20.47%	0.00%	28.67%	27.66%
Net Profit	11.83	16.35	1.21	1.82	3.54	-0.38	1.92	0.18	0.98	2.01	-1.94	10.40	4.42
EPS in Rs	37.43	15.60	0.89	5.76	11.20	-1.20	3.29	0.57	3.10	6.36	-6.14	32.90	13.98

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:23 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	2	2	4	200	233	258	288	620	884	364	644	674
Expenses	2	2	4	190	223	247	276	589	852	348	609	635
Operating Profit	-0	0	-0	10	11	11	13	30	31	16	34	38
OPM %	-0%	0%	-2%	5%	5%	4%	4%	5%	4%	4%	5%	6%
Other Income	0	0	0	2	2	3	3	5	13	5	7	8
Interest	0	0	0	5	5	6	7	7	10	9	19	20
Depreciation	0	0	0	3	3	3	3	3	3	4	5	5
Profit before tax	-0	0	0	4	4	5	6	26	32	8	17	21
Tax %	0%	0%	50%	34%	33%	27%	25%	29%	29%	26%	32%
Net Profit	-0	0	0	3	3	3	5	18	23	6	12	15
EPS in Rs	-0.42	0.00	0.03	8.67	8.89	10.60	14.65	58.31	71.38	18.76	36.92	47.10
Dividend Payout %	0%		0%	0%	0%	0%	0%	2%	1%	5%	3%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	0.00%	0.00%	66.67%	260.00%	27.78%	-73.91%	100.00%
Change in YoY Net Profit Growth (%)	0.00%	0.00%	66.67%	193.33%	-232.22%	-101.69%	173.91%

Halder Venture Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	75%
5 Years:	20%
3 Years:	1%
TTM:	57%

Compounded Profit Growth
10 Years:	103%
5 Years:	28%
3 Years:	-14%
TTM:	302%

Stock Price CAGR
10 Years:	%
5 Years:	67%
3 Years:	4%
1 Year:	133%

Return on Equity
10 Years:	15%
5 Years:	25%
3 Years:	26%
Last Year:	21%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:33 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.24	3	3	3	3	3	3	3	3	3	3	3
Reserves	38	38	38	42	44	45	47	42	47	49	56	61
Borrowings	0	0	0	57	72	67	83	192	107	193	238	273
Other Liabilities	1	0	0	27	46	42	37	60	111	109	146	261
Total Liabilities	39	42	42	130	165	158	169	296	268	354	444	598
Fixed Assets	0	0	0	30	32	32	29	27	30	51	49	48
CWIP	0	0	0	0	0	0	0	1	15	0	2	1
Investments	34	39	39	27	26	26	0	0	0	0	0	0
Other Assets	5	3	3	72	107	100	140	268	224	302	393	549
Total Assets	39	42	42	130	165	158	169	296	268	354	444	598

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0	-3	-0	-1	-1	11	-36	-98	115	-71	-2
Cash from Investing Activity +	-39	0	0	4	11	-7	25	-2	-20	-11	-19
Cash from Financing Activity +	39	3	0	-2	-5	-6	10	102	-92	77	26
Net Cash Flow	0	0	-0	0	4	-3	-1	3	3	-4	5

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	0.00	0.00	0.00	-47.00	-61.00	-56.00	-70.00	-162.00	-76.00	-177.00	-204.00

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

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	80	52	269	57	57	66	63	85	41	110	107
Inventory Days	0	610	0	69	98	69	117	63	44	211	110
Days Payable		50		2	33	0	5	1	17	34	33
Cash Conversion Cycle	80	612	269	125	122	134	175	146	68	287	185
Working Capital Days	-8	536	264	117	122	113	165	145	71	262	168
ROCE %		0%	0%	11%	7%	8%	9%	15%	16%	6%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	65.68%	65.68%	65.68%	65.68%	65.68%	65.68%	65.68%	65.68%	65.68%	65.68%	65.68%	65.68%
Public	34.32%	34.32%	34.32%	34.32%	34.33%	34.31%	34.32%	34.31%	34.30%	34.31%	34.31%	34.31%
No. of Shareholders	1,334	1,539	1,596	1,713	1,782	1,754	1,754	1,761	1,731	1,768	1,480	1,351

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	36.91	18.75	71.38	0.12	0.75
Diluted EPS (Rs.)	36.91	18.75	71.38	0.12	0.75
Cash EPS (Rs.)	52.64	30.22	79.84	67.13	24.46
Book Value[Excl.RevalReserv]/Share (Rs.)	431.23	391.80	374.02	302.11	240.24
Book Value[Incl.RevalReserv]/Share (Rs.)	431.23	391.80	374.02	302.11	240.24
Revenue From Operations / Share (Rs.)	2036.44	1154.31	2817.43	1960.35	912.64
PBDIT / Share (Rs.)	129.87	63.04	133.77	110.86	50.05
PBIT / Share (Rs.)	114.14	51.58	125.31	102.05	40.23
PBT / Share (Rs.)	54.52	25.29	100.70	81.57	19.46
Net Profit / Share (Rs.)	36.91	18.75	71.38	58.32	14.65
NP After MI And SOA / Share (Rs.)	36.91	18.75	71.38	58.32	14.65
PBDIT Margin (%)	6.37	5.46	4.74	5.65	5.48
PBIT Margin (%)	5.60	4.46	4.44	5.20	4.40
PBT Margin (%)	2.67	2.19	3.57	4.16	2.13
Net Profit Margin (%)	1.81	1.62	2.53	2.97	1.60
NP After MI And SOA Margin (%)	1.81	1.62	2.53	2.97	1.60
Return on Networth / Equity (%)	19.66	11.33	44.92	41.22	9.52
Return on Capital Employeed (%)	24.08	11.60	28.21	29.03	15.64
Return On Assets (%)	2.62	1.67	8.40	6.22	2.65
Long Term Debt / Equity (X)	0.18	0.28	0.40	0.31	0.05
Total Debt / Equity (X)	4.01	3.68	2.13	4.29	1.71
Asset Turnover Ratio (%)	1.61	1.17	0.11	0.05	0.06
Current Ratio (X)	1.26	1.40	1.72	1.39	1.55
Quick Ratio (X)	0.73	0.67	1.08	0.92	0.73
Inventory Turnover Ratio (X)	2.46	2.07	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	2.70	5.34	1.41	0.00	0.00
Dividend Payout Ratio (CP) (%)	1.89	3.31	1.26	0.00	0.00
Earning Retention Ratio (%)	97.30	94.66	98.59	0.00	0.00
Cash Earning Retention Ratio (%)	98.11	96.69	98.74	0.00	0.00
Interest Coverage Ratio (X)	2.18	2.40	5.44	5.41	2.42
Interest Coverage Ratio (Post Tax) (X)	1.62	1.71	3.90	3.85	1.71
Enterprise Value (Cr.)	392.19	342.28	269.20	276.35	122.49
EV / Net Operating Revenue (X)	0.60	0.93	0.30	0.44	0.42
EV / EBITDA (X)	9.55	17.18	6.37	7.89	7.74
MarketCap / Net Operating Revenue (X)	0.13	0.21	0.11	0.05	0.04
Retention Ratios (%)	97.29	94.65	98.58	0.00	0.00
Price / BV (X)	1.45	1.53	2.01	0.83	0.27
Price / Net Operating Revenue (X)	0.13	0.21	0.11	0.05	0.04
EarningsYield	0.13	0.07	0.22	0.49	0.34

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Halder Venture Ltd as of December 23, 2024 is: 542.24

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 December 23, 2024, Halder Venture Ltd is Overvalued by 20.26% compared to the current share price 680.00

Intrinsic Value of Halder Venture Ltd as of December 23, 2024 is: 519.57

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 December 23, 2024, Halder Venture Ltd is Overvalued by 23.59% compared to the current share price 680.00

Last 5 Year EPS CAGR: -4.18%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (347.75 cr) and profit (10.25 cr) over the years.	The stock has a low average ROCE of 7.55%, which may not be favorable. The stock has a high average Working Capital Days of 177.73, which may not be favorable. The stock has a high average Cash Conversion Cycle of 200.27, which may not be favorable. The company has higher borrowings (106.83) compared to reserves (45.58), which may suggest financial risk.

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 Halder Venture Ltd:
1. Net Profit Margin: 1.81%
  - 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: 24.08% (Industry Average ROCE: 10.6%)
  - 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%: 19.66% (Industry Average ROE: 20.9%)
  - 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): 1.62
  - 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: 0.73
  - 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: 12.7 (Industry average Stock P/E: 12.7)
  - 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: 4.01
  - 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

Halder Venture Ltd. is a Public Limited Listed company incorporated on 24/07/1982 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L74210WB1982PLC035117 and registration number is 035117. Currently Company is involved in the business activities of Retail sale in non-specialized stores with food, beverages or tobacco predominating. Company’s Total Operating Revenue is Rs. 18.38 Cr. and Equity Capital is Rs. 3.16 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Commodities - Trading - Rice	Diamond Heritage, Kolkata West Bengal 700001	info@halderventure.in http://www.halderventure.in

Management
Name	Position Held
Mr. Keshab Kumar Halder	Managing Director
Mr. Arpita Das	Director
Mr. Prabhat Kumar Haldar	Director
Mrs. Poulomi Halder	Director
Mr. Debasis Saha	Director

FAQ

What is the latest intrinsic value of Halder Venture Ltd?

The latest intrinsic value of Halder Venture Ltd as on 23 December 2024 is ₹542.24, which is 20.26% lower than the current market price of ₹680.00. The stock has a market capitalization of 215 Cr. and recorded a high/low of 958/214 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹61 Cr and total liabilities of ₹598 Cr.

What is the Market Cap of Halder Venture Ltd?

The Market Cap of Halder Venture Ltd is 215 Cr..

What is the current Stock Price of Halder Venture Ltd as on 23 December 2024?

The current stock price of Halder Venture Ltd as on 23 December 2024 is 680.

What is the High / Low of Halder Venture Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Halder Venture Ltd stocks is 958/214.

What is the Stock P/E of Halder Venture Ltd?

The Stock P/E of Halder Venture Ltd is 12.7.

What is the Book Value of Halder Venture Ltd?

The Book Value of Halder Venture Ltd is 204.

What is the Dividend Yield of Halder Venture Ltd?

The Dividend Yield of Halder Venture Ltd is 0.14 %.

What is the ROCE of Halder Venture Ltd?

The ROCE of Halder Venture Ltd is 10.6 %.

What is the ROE of Halder Venture Ltd?

The ROE of Halder Venture Ltd is 20.9 %.

What is the Face Value of Halder Venture Ltd?

The Face Value of Halder Venture Ltd is 10.0.