Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 508486 | NSE: HAWKINCOOK

Hawkins Cookers Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 12:49 am

Market Cap 4,736 Cr.
Current Price 8,952
High / Low 9,100/5,810
Stock P/E41.9
Book Value 622
Dividend Yield1.34 %
ROCE44.5 %
ROE36.0 %
Face Value 10.0
PEG Ratio5.83

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

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hawkins Cookers Ltd 4,736 Cr. 8,952 9,100/5,81041.9 6221.34 %44.5 %36.0 % 10.0
Harsha Engineers International Ltd 4,560 Cr. 501 614/36032.8 1430.20 %13.4 %10.6 % 10.0
Gorani Industries Ltd 56.8 Cr. 106 160/86.877.8 23.50.00 %12.2 %11.5 % 10.0
Eureka Forbes Ltd 11,066 Cr. 572 648/39784.9 2220.00 %3.46 %2.45 % 10.0
V-Guard Industries Ltd 18,094 Cr. 416 577/28369.6 42.70.34 %16.1 %13.8 % 1.00
Industry Average10,646.82 Cr1,734.5874.88189.850.37%14.18%11.15%6.42

All Competitor Stocks of

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales151266269272198297257254203272272277228
Expenses127229241241164254231222174223246231194
Operating Profit24372731334426322948274633
OPM %16%14%10%11%17%15%10%13%14%18%10%17%15%
Other Income2211111122334
Interest2211111111111
Depreciation2222222222222
Profit before tax23352629314124302847274634
Tax %26%26%26%26%25%25%25%25%26%26%26%25%26%
Net Profit17261921233118232135203425
EPS in Rs32.4049.6236.2240.4143.6358.2934.2143.1239.3466.5737.2764.5447.37

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales3864174694875125536536747689581,0061,0241,048
Expenses335358418419438482567570658838870874894
Operating Profit51595168747186104111120135150154
OPM %13%14%11%14%14%13%13%15%14%12%13%15%15%
Other Income554-1411437641112
Interest3443444456554
Depreciation2343344557899
Profit before tax5057476071748298108113127148153
Tax %32%33%32%33%33%34%34%26%25%26%25%26%
Net Profit3438324047495472818495110114
EPS in Rs64.4972.3960.7476.2989.6892.06102.54137.09152.50158.65179.24207.72215.75
Dividend Payout %78%83%74%79%78%76%78%0%52%95%56%58%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)11.76%-15.79%25.00%17.50%4.26%10.20%33.33%12.50%3.70%13.10%15.79%
Change in YoY Net Profit Growth (%)0.00%-27.55%40.79%-7.50%-13.24%5.95%23.13%-20.83%-8.80%9.39%2.69%

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:9%
5 Years:9%
3 Years:10%
TTM:9%
Compounded Profit Growth
10 Years:11%
5 Years:15%
3 Years:11%
TTM:17%
Stock Price CAGR
10 Years:9%
5 Years:20%
3 Years:16%
1 Year:18%
Return on Equity
10 Years:46%
5 Years:43%
3 Years:39%
Last Year:36%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:31 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital5555555555555
Reserves49515456101105113134172208271328324
Borrowings23251932272531403843423126
Other Liabilities92106105124101111118119177153142161170
Total Liabilities170187182217235246267298392410460526526
Fixed Assets20232222222326323952667277
CWIP111111223321218
Investments0000000000000
Other Assets148163159194212221239264350355392442431
Total Assets170187182217235246267298392410460526526

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +233328356169-666189-5292174
Cash from Investing Activity +2-10-0-14-1342-20-11982-47-104
Cash from Financing Activity +-25-32-48-17-39-52-45-52-40-51-33-70
Net Cash Flow10-191774-10-629-21121

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow28.0034.0032.0036.0047.0046.0055.0064.0073.0077.0093.00119.00

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 Days393334343331442719201717
Inventory Days961231101421389412416797133121104
Days Payable587260776573666277544351
Cash Conversion Cycle778483981055210313340999570
Working Capital Days-7-18131021104544-7515231
ROCE %75%77%65%79%66%58%61%62%57%50%46%45%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters56.03%56.03%56.03%56.03%56.03%56.03%56.03%56.03%56.03%56.03%56.03%56.03%
FIIs0.17%0.33%0.32%0.31%0.34%0.35%0.36%0.37%0.35%0.34%0.19%0.20%
DIIs16.65%16.89%16.93%17.05%17.23%17.25%17.30%17.30%17.48%17.53%17.63%17.01%
Public27.14%26.75%26.72%26.61%26.40%26.36%26.29%26.29%26.13%26.09%26.13%26.74%
No. of Shareholders15,99615,73015,92316,16016,08415,44015,07815,44715,43315,23415,47115,096

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Small Cap Fund370,0000.94310.7948,5012024-12-18662.87%
Kotak Small Cap Fund - Regular Plan177,8680.85149.4148,5012024-12-18266.73%
SBI Consumption Opportunities Fund48,5011.4340.7448,5012024-12-180%
Kotak ELSS Tax Saver Fund19,0930.2516.0448,5012024-12-18-60.63%
SBI Long Term Advantage Fund - Series IV13,0004.4910.9248,5012024-12-18-73.2%
Kotak Emerging Equity Fund - Regular Plan2,84602.3948,5012024-12-18-94.13%
SBI Magnum Children Benefit Plan2,1001.541.8748,5012024-12-18-95.67%
SBI Retirement Benefit Fund - Conservative Hybrid Plan1,4970.481.3348,5012024-12-18-96.91%
SBI Retirement Benefit Fund - Conservative Plan5640.280.548,5012024-12-18-98.84%

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)207.72179.24158.64152.49137.09
Diluted EPS (Rs.)207.72179.24158.64152.49137.09
Cash EPS (Rs.)224.14193.84171.23162.57146.00
Book Value[Excl.RevalReserv]/Share (Rs.)630.66522.20403.15335.91264.11
Book Value[Incl.RevalReserv]/Share (Rs.)630.66522.20403.15335.91264.11
Dividend / Share (Rs.)120.00100.00150.0080.000.00
Revenue From Operations / Share (Rs.)1936.821902.101811.741453.271274.39
PBDIT / Share (Rs.)304.06263.80237.57223.40202.46
PBIT / Share (Rs.)287.64249.20224.98213.32193.55
PBT / Share (Rs.)279.04240.01213.52204.36186.00
Net Profit / Share (Rs.)207.72179.24158.64152.49137.09
PBDIT Margin (%)15.6913.8613.1115.3715.88
PBIT Margin (%)14.8513.1012.4114.6715.18
PBT Margin (%)14.4012.6111.7814.0614.59
Net Profit Margin (%)10.729.428.7510.4910.75
Return on Networth / Equity (%)32.9334.3239.3545.3951.90
Return on Capital Employeed (%)42.6742.9746.8854.6765.29
Return On Assets (%)20.8720.5820.4720.5624.29
Long Term Debt / Equity (X)0.040.070.160.120.09
Total Debt / Equity (X)0.090.150.200.150.20
Asset Turnover Ratio (%)2.082.312.392.232.38
Current Ratio (X)2.512.442.211.791.81
Quick Ratio (X)1.691.331.071.270.87
Inventory Turnover Ratio (X)2.282.332.862.142.03
Dividend Payout Ratio (NP) (%)48.1433.4756.7352.460.00
Dividend Payout Ratio (CP) (%)44.6130.9552.5649.200.00
Earning Retention Ratio (%)51.8666.5343.2747.540.00
Cash Earning Retention Ratio (%)55.3969.0547.4450.800.00
Interest Coverage Ratio (X)35.3428.6820.7424.9526.81
Interest Coverage Ratio (Post Tax) (X)25.1420.4914.8518.0319.15
Enterprise Value (Cr.)3052.333199.282658.092687.212033.19
EV / Net Operating Revenue (X)2.983.182.773.503.02
EV / EBITDA (X)18.9822.9321.1622.7518.99
MarketCap / Net Operating Revenue (X)3.133.242.803.683.05
Retention Ratios (%)51.8566.5243.2647.530.00
Price / BV (X)9.6211.7912.5715.9114.70
Price / Net Operating Revenue (X)3.133.242.803.683.05
EarningsYield0.030.020.030.020.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 9,507.97

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 22, 2024, is Undervalued by 6.21% compared to the current share price 8,952.00

Intrinsic Value of as of December 22, 2024 is: 10,191.17

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 22, 2024, is Undervalued by 13.84% compared to the current share price 8,952.00

Last 5 Year EPS CAGR: 7.19%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 61.75%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 20.42, which is a positive sign.
  3. The company has higher reserves (151.23 cr) compared to borrowings (30.92 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (452.31 cr) and profit (91.38 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 86.58, which may not be favorable.
  • 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 :
    1. Net Profit Margin: 10.72%
      • 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: 42.67% (Industry Average ROCE: 14.18%)
      • 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%: 32.93% (Industry Average ROE: 11.15%)
      • 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): 25.14
      • 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: 1.69
      • 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: 41.9 (Industry average Stock P/E: 74.88)
      • 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: 0.09
      • 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

Hawkins Cookers Ltd. is a Public Limited Listed company incorporated on 25/02/1959 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L28997MH1959PLC011304 and registration number is 011304. Currently company belongs to the Industry of Domestic Appliances. Company’s Total Operating Revenue is Rs. 958.01 Cr. and Equity Capital is Rs. 5.29 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Domestic AppliancesMaker Tower F-101, Cuffe Parade, Mumbai Maharashtra 400005ho@hawkinscookers.com
http://www.hawkinscookers.com
Management
NamePosition Held
Mr. Subhadip Dutta ChoudhuryChairman & CEO
Mr. Sudeep YadavVice Chairman & CFO
Mr. Neil VasudevaExecutive Director - Marketing
Mr. Tej Paul SharmaExecutive Director - Sales
Mr. M A TeckchandaniDirector
General V N SharmaDirector
Mrs. Susan M VasudevaDirector
Mr. Ravi KantDirector
Prof. Leena ChatterjeeDirector
Mr. Shyamak R TataDirector
Mr. Sanjay K AsherDirector

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹9507.97, which is 6.21% higher than the current market price of ₹8,952.00. The stock has a market capitalization of 4,736 Cr. and recorded a high/low of 9,100/5,810 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹324 Cr and total liabilities of ₹526 Cr.

What is the Market Cap of ?

The Market Cap of is 4,736 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 8,952.

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

In FY 2024-2025, the High / Low of stocks is 9,100/5,810.

What is the Stock P/E of ?

The Stock P/E of is 41.9.

What is the Book Value of ?

The Book Value of is 622.

What is the Dividend Yield of ?

The Dividend Yield of is 1.34 %.

What is the ROCE of ?

The ROCE of is 44.5 %.

What is the ROE of ?

The ROE of is 36.0 %.

What is the Face Value of ?

The Face Value of 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 . 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