BSE:500187

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

HSIL Limited manufactures and trades in sanitary ware, faucets, and other products in India.


Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has HSIL's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500187's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.9%

500187

0.8%

IN Building

1.8%

IN Market


1 Year Return

-83.7%

500187

-39.6%

IN Building

-23.7%

IN Market

Return vs Industry: 500187 underperformed the Indian Building industry which returned -39.6% over the past year.

Return vs Market: 500187 underperformed the Indian Market which returned -23.7% over the past year.


Shareholder returns

500187IndustryMarket
7 Day-2.9%0.8%1.8%
30 Day-2.8%-8.6%-0.5%
90 Day-5.8%-35.8%-22.2%
1 Year-42.6%-83.7%-37.1%-39.6%-22.2%-23.7%
3 Year-49.6%-86.0%-28.1%-32.5%-12.1%-16.8%
5 Year-47.9%-85.9%25.1%12.4%4.5%-5.7%

Price Volatility Vs. Market

How volatile is HSIL's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is HSIL undervalued compared to its fair value and its price relative to the market?

4.99x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500187 (₹48.35) is trading above our estimate of fair value (₹18.1)

Significantly Below Fair Value: 500187 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500187 is good value based on its PE Ratio (5x) compared to the Building industry average (8.1x).

PE vs Market: 500187 is good value based on its PE Ratio (5x) compared to the Indian market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500187's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500187 is good value based on its PB Ratio (0.2x) compared to the IN Building industry average (0.6x).


Next Steps

Future Growth

How is HSIL forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

Forecasted Capital Goods 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 HSIL 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 HSIL performed over the past 5 years?

-5.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 500187 has high quality earnings.

Growing Profit Margin: 500187's current net profit margins (2.6%) are lower than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 500187's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: 500187's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500187 had negative earnings growth (-5.5%) over the past year, making it difficult to compare to the Building industry average (1.2%).


Return on Equity

High ROE: 500187's Return on Equity (4.6%) is considered low.


Next Steps

Financial Health

How is HSIL's financial position?


Financial Position Analysis

Short Term Liabilities: 500187's short term assets (₹13.5B) exceed its short term liabilities (₹10.2B).

Long Term Liabilities: 500187's short term assets (₹13.5B) exceed its long term liabilities (₹10.3B).


Debt to Equity History and Analysis

Debt Level: 500187's debt to equity ratio (79%) is considered high.

Reducing Debt: 500187's debt to equity ratio has reduced from 110% to 79% over the past 5 years.

Debt Coverage: 500187's debt is well covered by operating cash flow (27.5%).

Interest Coverage: 500187's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Next Steps

Dividend

What is HSIL's current dividend yield, its reliability and sustainability?

6.20%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500187's dividend (6.2%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).

High Dividend: 500187's dividend (6.2%) is in the top 25% of dividend payers in the Indian market (3.7%)


Stability and Growth of Payments

Stable Dividend: 500187's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500187's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31%), 500187's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.5yrs

Average management tenure


CEO

Rajendra Somany (82yo)

14.33yrs

Tenure

₹53,339,108

Compensation

Mr. Rajendra Kumar Somany, B.Com., FI(Ceramics) (U.K.), LFAIMA, FCMI (UK),Member - IoM3 (U.K.) has been the Managing Director and Executive & Non-Independent Chairman of HSIL Limited. since January 09, 200 ...


CEO Compensation Analysis

Compensation vs Market: Rajendra's total compensation ($USD703.26K) is above average for companies of similar size in the Indian market ($USD50.17K).

Compensation vs Earnings: Rajendra's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Rajendra Somany
Executive Chairman & MD14.33yrs₹53.34m4.72% 164.7m
Sandip Somany
Executive Vice Chairman & MD3.42yrs₹58.65m3.16% 110.3m
Om Pandey
Chief Financial Officer0.67yrno datano data
Anil Chandani
Senior Vice President of Corporate Financeno data₹8.89mno data
Kular Shetty
President of Operations & Technicalno data₹1.51mno data
Shyamalendu Banerjee
Investor Relations Managerno datano datano data
Pulkit Bhasin
Company Secretary & Compliance Officer0.67yrno datano data
Sanjay Gaur
Chief Human Resource Officerno data₹9.44mno data
Arun Dukkipati
President of Packaging Products Divisionno data₹23.85mno data
Jitendra Somani
Head of SCM & Commercialno data₹10.27mno data

7.5yrs

Average Tenure

59yo

Average Age

Experienced Management: 500187's management team is seasoned and experienced (7.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajendra Somany
Executive Chairman & MD14.33yrs₹53.34m4.72% 164.7m
Sandip Somany
Executive Vice Chairman & MD3.42yrs₹58.65m3.16% 110.3m
Ashok Jaipuria
Non-Executive & Independent Director16yrs₹1.58m0.035% 1.2m
Nand Khaitan
Non-Executive & Independent Director23.92yrs₹1.67m0.00018% 6.3k
Rakesh Sarin
Independent Director0.17yrno datano data
Girdhari Sultania
Non-Executive & Non-Independent Director14.33yrs₹1.64m0.00098% 34.2k
Vijay Bhandari
Non-Executive & Independent Director5.67yrs₹1.68mno data
Sumita Somany
Non-Executive Non-Independent Director6yrs₹1.64m0.22% 7.8m
Anil Wadhwa
Independent Director0.17yrno datano data
Himalyani Gupta
Independent Director0.17yrno datano data

5.8yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 500187's board of directors are considered experienced (5.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

HSIL Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HSIL Limited
  • Ticker: 500187
  • Exchange: BSE
  • Founded: 1960
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹3.492b
  • Shares outstanding: 72.30m
  • Website: https://www.hindwarehomes.com

Location

  • HSIL Limited
  • 301-302, Park Centra
  • Sector 30
  • Gurugram
  • Haryana
  • 122001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500187BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 1994
HSILNSEI (National Stock Exchange of India)YesEquity SharesININRJul 1994

Biography

HSIL Limited manufactures and trades in sanitary ware, faucets, and other products in India. It operates through four segments: Building Products, Packaging Products, Consumer Products, and Retail Business. The company’s products include sanitary ware products, such as wash basins, water closets, cisterns, urinals, bidets, pedestals, squatting pans; faucets, including showers, and bathroom and kitchen faucets; allied products, including seat covers, PVC cisterns, and concealed cisterns; and wellness products, such as bath tubs, shower enclosures, shower panels, steam generators, and whirlpools. It also offers kitchen appliances comprising cooktops, chimneys, vents, hobs, kitchen sinks, water heaters, ovens, water purifiers, air coolers, and air purifiers; plastic pipes and fittings; and security caps and closures, as well as operates e-commerce business and home interior specialty retail stores. vvcIn addition, the company offers packaging products, such as glass containers, and PET bottles and plastic products. It markets and sells its products primarily through dealers and retailers under the Hindware, Hindware Art, Hindware Italian Collection, QUEO, Amore, Hindware Lacasa, Benelave, Raasi, Hindware-Atlantic, Moonbow, Evok, ALCHYMI, AGI brand names. The company also exports its products. HSIL Limited was incorporated in 1960 and is based in Gurugram, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 13:01
End of Day Share Price2020/05/26 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.