Hindustan Hardy
Market Cap
₹88.1m
Last Updated
2020/08/09 12:48 UTC
Data Sources
Company Financials
Executive Summary
Hindustan Hardy Limited engages in the design, manufacture, and sale of propeller shafts and other accessories in India.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has Hindustan Hardy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 505893 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
505893
4.8%
IN Auto Components
2.3%
IN Market
1 Year Return
-20.4%
505893
-0.006%
IN Auto Components
2.5%
IN Market
Return vs Industry: 505893 underperformed the Indian Auto Components industry which returned -0% over the past year.
Return vs Market: 505893 underperformed the Indian Market which returned 2.5% over the past year.
Shareholder returns
| 505893 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 4.8% | 2.3% |
| 30 Day | 5.0% | 3.1% | 4.2% |
| 90 Day | 10.9% | 29.8% | 22.1% |
| 1 Year | -20.4%-20.4% | 1.3%-0.006% | 4.4%2.5% |
| 3 Year | -54.2%-54.8% | -28.1%-30.2% | 5.3%0.3% |
| 5 Year | -38.2%-41.2% | -10.3%-14.1% | 29.9%20.2% |
Price Volatility Vs. Market
How volatile is Hindustan Hardy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Hindustan Hardy undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 505893 (₹58.8) is trading below our estimate of fair value (₹158.43)
Significantly Below Fair Value: 505893 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 505893 is poor value based on its PE Ratio (280x) compared to the IN Auto Components industry average (20.9x).
PE vs Market: 505893 is poor value based on its PE Ratio (280x) compared to the Indian market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 505893's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 505893 is good value based on its PB Ratio (1x) compared to the IN Auto Components industry average (1.1x).
Next Steps
Future Growth
How is Hindustan Hardy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.5%
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hindustan Hardy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Hindustan Hardy is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Hindustan Hardy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
Past Performance
How has Hindustan Hardy performed over the past 5 years?
45.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 505893 has high quality earnings.
Growing Profit Margin: 505893's current net profit margins (0.08%) are lower than last year (0.8%).
Past Earnings Growth Analysis
Earnings Trend: 505893 has become profitable over the past 5 years, growing earnings by 45.3% per year.
Accelerating Growth: 505893's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 505893 had negative earnings growth (-91.9%) over the past year, making it difficult to compare to the Auto Components industry average (-44.1%).
Return on Equity
High ROE: 505893's Return on Equity (0.4%) is considered low.
Next Steps
Financial Health
How is Hindustan Hardy's financial position?
Financial Position Analysis
Short Term Liabilities: 505893's short term assets (₹160.7M) exceed its short term liabilities (₹143.9M).
Long Term Liabilities: 505893's short term assets (₹160.7M) exceed its long term liabilities (₹5.5M).
Debt to Equity History and Analysis
Debt Level: 505893's debt to equity ratio (42.7%) is considered high.
Reducing Debt: 505893's debt to equity ratio has reduced from 90.7% to 42.7% over the past 5 years.
Debt Coverage: 505893's debt is well covered by operating cash flow (80.2%).
Interest Coverage: 505893's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Hindustan Hardy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 505893's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 505893's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 505893's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 505893's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 505893 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 505893's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Hindustan Hardy has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | ₹1.84m | 0.033% ₹ 29.5k | |
| Executive Director & CFO | 6yrs | ₹4.07m | no data | |
| COO & Whole Time Director | 2yrs | ₹6.15m | no data | |
| Company Secretary & Chief Compliance Officer | 1.5yrs | no data | no data |
1.8yrs
Average Tenure
60yo
Average Age
Experienced Management: 505893's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | ₹1.84m | 0.033% ₹ 29.5k | |
| Executive Director & CFO | 6yrs | ₹4.07m | no data | |
| COO & Whole Time Director | 2yrs | ₹6.15m | no data | |
| Additional Independent Director | 1.25yrs | no data | no data | |
| Independent Director | 6yrs | ₹43.00k | no data | |
| Independent Director | 13.83yrs | ₹33.00k | no data |
6.0yrs
Average Tenure
58.5yo
Average Age
Experienced Board: 505893's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Hindustan Hardy Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hindustan Hardy Limited
- Ticker: 505893
- Exchange: BSE
- Founded: 1982
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹88.109m
- Shares outstanding: 1.50m
- Website: https://www.hhardys.com
Number of Employees
Location
- Hindustan Hardy Limited
- Plot No. C-12
- M.I.D.C. Area
- Nashik
- Maharashtra
- 422010
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 505893 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Feb 2002 |
Biography
Hindustan Hardy Limited engages in the design, manufacture, and sale of propeller shafts and other accessories in India. It also offers double cardan shafts, universal joint kits, and components. The compa ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/09 12:48 |
| End of Day Share Price | 2020/07/22 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.