BSE:505893

Stock Analysis Report

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Executive Summary

Hindustan Hardy Limited engages in the design, manufacture, and sale of propeller shafts and other accessories in India.


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

505893IndustryMarket
7 Day0%4.8%2.3%
30 Day5.0%3.1%4.2%
90 Day10.9%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

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

NamePositionTenureCompensationOwnership
Sanjay Saran
Chairmanno data₹1.84m0.033%
₹ 29.5k
Devaki Saran
Executive Director & CFO6yrs₹4.07mno data
Vijay Pathak
COO & Whole Time Director2yrs₹6.15mno data
Sunita Nisal
Company Secretary & Chief Compliance Officer1.5yrsno datano 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

NamePositionTenureCompensationOwnership
Sanjay Saran
Chairmanno data₹1.84m0.033%
₹ 29.5k
Devaki Saran
Executive Director & CFO6yrs₹4.07mno data
Vijay Pathak
COO & Whole Time Director2yrs₹6.15mno data
Navroze Marshall
Additional Independent Director1.25yrsno datano data
Richard Koszarek
Independent Director6yrs₹43.00kno data
Jehangir Hirij Jehangir
Independent Director13.83yrs₹33.00kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505893BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/09 12:48
End of Day Share Price2020/07/22 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.