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HOND

Honda India Power ProductsNSEI:HONDAPOWER Stock Report

Market Cap

₹13.8b

7D

-3.2%

1Y

35.7%

Updated

21 Oct, 2021

Data

Company Financials
HONDAPOWER fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

HONDAPOWER Overview

Honda India Power Products Limited manufactures and markets portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, tillers, and backpack sprayers in India.

Price History & Performance

Summary of all time highs, changes and price drops for Honda India Power Products
Historical stock prices
Current Share Price₹1,353.40
52 Week High₹915.00
52 Week Low₹1,444.00
Beta0.62
1 Month Change14.96%
3 Month Change7.76%
1 Year Change35.67%
3 Year Change27.13%
5 Year Change-15.06%
Change since IPO796.59%

Recent News & Updates

Aug 07
Honda India Power Products (NSE:HONDAPOWER) Is Paying Out Less In Dividends Than Last Year

Honda India Power Products (NSE:HONDAPOWER) Is Paying Out Less In Dividends Than Last Year

Honda India Power Products Limited's ( NSE:HONDAPOWER ) dividend is being reduced to ₹10.00 on the 19th of October...

Jul 24
Honda India Power Products' (NSE:HONDAPOWER) Shareholders Will Receive A Smaller Dividend Than Last Year

Honda India Power Products' (NSE:HONDAPOWER) Shareholders Will Receive A Smaller Dividend Than Last Year

Honda India Power Products Limited ( NSE:HONDAPOWER ) is reducing its dividend to ₹10.00 on the 19th of October...

Shareholder Returns

HONDAPOWERIN MachineryIN Market
7D-3.2%-2.5%-1.0%
1Y35.7%85.3%63.7%

Return vs Industry: HONDAPOWER underperformed the Indian Machinery industry which returned 85.3% over the past year.

Return vs Market: HONDAPOWER underperformed the Indian Market which returned 63.7% over the past year.

Price Volatility

Is HONDAPOWER's price volatile compared to industry and market?
HONDAPOWER volatility
HONDAPOWER Beta0.62
Industry Beta0.77
Market Beta1

Stable Share Price: HONDAPOWER is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: HONDAPOWER's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985782Takahiro Uedahttps://www.hondaindiapower.com

Honda India Power Products Limited manufactures and markets portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, tillers, and backpack sprayers in India. It also exports its products to the United States, Europe, and internationally. The company was formerly known as Honda Siel Power Products Limited and changed its name to Honda India Power Products Limited in July 2020.

Honda India Power Products Fundamentals Summary

How do Honda India Power Products's earnings and revenue compare to its market cap?
HONDAPOWER fundamental statistics
Market Cap₹13.77b
Earnings (TTM)₹755.10m
Revenue (TTM)₹10.93b

18.2x

P/E Ratio

1.3x

P/S Ratio

Is HONDAPOWER overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
HONDAPOWER income statement (TTM)
Revenue₹10.93b
Cost of Revenue₹7.07b
Gross Profit₹3.85b
Expenses₹3.10b
Earnings₹755.10m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)74.44
Gross Margin35.27%
Net Profit Margin6.91%
Debt/Equity Ratio0.2%

How did HONDAPOWER perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

13%

Payout Ratio

Valuation

Is Honda India Power Products undervalued compared to its fair value and its price relative to the market?

42.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HONDAPOWER (₹1353.4) is trading below our estimate of fair value (₹2347.4)

Significantly Below Fair Value: HONDAPOWER is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HONDAPOWER is good value based on its PE Ratio (18.2x) compared to the Indian Machinery industry average (24.3x).

PE vs Market: HONDAPOWER is good value based on its PE Ratio (18.2x) compared to the Indian market (21.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HONDAPOWER is overvalued based on its PB Ratio (2.3x) compared to the IN Machinery industry average (1.9x).


Future Growth

How is Honda India Power Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

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 Honda India Power Products 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.


Past Performance

How has Honda India Power Products performed over the past 5 years?

-1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HONDAPOWER has high quality earnings.

Growing Profit Margin: HONDAPOWER's current net profit margins (6.9%) are higher than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: HONDAPOWER's earnings have declined by 1.4% per year over the past 5 years.

Accelerating Growth: HONDAPOWER's earnings growth over the past year (80.5%) exceeds its 5-year average (-1.4% per year).

Earnings vs Industry: HONDAPOWER earnings growth over the past year (80.5%) exceeded the Machinery industry 74.7%.


Return on Equity

High ROE: HONDAPOWER's Return on Equity (12.5%) is considered low.


Financial Health

How is Honda India Power Products's financial position?


Financial Position Analysis

Short Term Liabilities: HONDAPOWER's short term assets (₹6.0B) exceed its short term liabilities (₹1.8B).

Long Term Liabilities: HONDAPOWER's short term assets (₹6.0B) exceed its long term liabilities (₹20.5M).


Debt to Equity History and Analysis

Debt Level: HONDAPOWER's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HONDAPOWER's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: HONDAPOWER's debt is well covered by operating cash flow (10521.5%).

Interest Coverage: HONDAPOWER's interest payments on its debt are well covered by EBIT (282.4x coverage).


Balance Sheet


Dividend

What is Honda India Power Products's current dividend yield, its reliability and sustainability?

0.74%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HONDAPOWER's dividend (0.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: HONDAPOWER's dividend (0.74%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.4%), HONDAPOWER's dividend payments are thoroughly 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?

4.3yrs

Average board tenure


CEO

Takahiro Ueda (52 yo)

1.67yrs

Tenure

₹24,509,392

Compensation

Mr. Takahiro Ueda serves as President, Chief Executive Officer , Managing Director & Additional Director of Shri Keshav Cements and Infra Limited since February 1,2020 and has been its Chairman since April...


CEO Compensation Analysis

Compensation vs Market: Takahiro's total compensation ($USD327.47K) is above average for companies of similar size in the Indian market ($USD190.61K).

Compensation vs Earnings: Takahiro's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: HONDAPOWER's board of directors are considered experienced (4.3 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

Honda India Power Products Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Honda India Power Products Limited
  • Ticker: HONDAPOWER
  • Exchange: NSEI
  • Founded: 1985
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹13.773b
  • Shares outstanding: 10.14m
  • Website: https://www.hondaindiapower.com

Number of Employees


Location

  • Honda India Power Products Limited
  • Plot No.5
  • Sector-41 (Kasna)
  • Gautam Budh Nagar
  • Uttar Pradesh
  • 201310
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:11
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.