NSEI:INDIANHUME

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Executive Summary

The Indian Hume Pipe Company Limited engages in the construction contract activities in India. More Details


Snowflake Analysis

Mediocre balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Indian Hume Pipe's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: INDIANHUME is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: INDIANHUME's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-2.3%

INDIANHUME

0.3%

IN Construction

1.8%

IN Market


1 Year Return

-18.6%

INDIANHUME

-13.4%

IN Construction

7.9%

IN Market

Return vs Industry: INDIANHUME underperformed the Indian Construction industry which returned -13.4% over the past year.

Return vs Market: INDIANHUME underperformed the Indian Market which returned 7.9% over the past year.


Shareholder returns

INDIANHUMEIndustryMarket
7 Day-2.3%0.3%1.8%
30 Day11.5%16.8%10.9%
90 Day-2.7%9.0%9.8%
1 Year-17.7%-18.6%-10.8%-13.4%10.0%7.9%
3 Year-62.9%-64.3%-23.7%-27.5%8.1%2.8%
5 Year-13.8%-18.3%13.4%5.4%55.3%43.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Indian Hume Pipe 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: INDIANHUME (₹177.25) is trading below our estimate of fair value (₹1211.76)

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


Price To Earnings Ratio

PE vs Industry: INDIANHUME is poor value based on its PE Ratio (23.2x) compared to the IN Construction industry average (13.1x).

PE vs Market: INDIANHUME is poor value based on its PE Ratio (23.2x) compared to the Indian market (17.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: INDIANHUME is overvalued based on its PB Ratio (1.5x) compared to the IN Construction industry average (0.7x).


Next Steps

Future Growth

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

18.5%

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 Indian Hume Pipe 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 Indian Hume Pipe performed over the past 5 years?

5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INDIANHUME has high quality earnings.

Growing Profit Margin: INDIANHUME's current net profit margins (2.9%) are lower than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: INDIANHUME's earnings have grown by 5.6% per year over the past 5 years.

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

Earnings vs Industry: INDIANHUME had negative earnings growth (-50%) over the past year, making it difficult to compare to the Construction industry average (-20.2%).


Return on Equity

High ROE: INDIANHUME's Return on Equity (6.7%) is considered low.


Next Steps

Financial Health

How is Indian Hume Pipe's financial position?


Financial Position Analysis

Short Term Liabilities: INDIANHUME's short term assets (₹16.1B) exceed its short term liabilities (₹12.7B).

Long Term Liabilities: INDIANHUME's short term assets (₹16.1B) exceed its long term liabilities (₹1.3B).


Debt to Equity History and Analysis

Debt Level: INDIANHUME's debt to equity ratio (107.4%) is considered high.

Reducing Debt: INDIANHUME's debt to equity ratio has increased from 104.5% to 107.4% over the past 5 years.

Debt Coverage: INDIANHUME's debt is well covered by operating cash flow (32.9%).

Interest Coverage: INDIANHUME's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Indian Hume Pipe current dividend yield, its reliability and sustainability?

1.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: INDIANHUME's dividend (1.13%) is higher than the bottom 25% of dividend payers in the Indian market (0.52%).

High Dividend: INDIANHUME's dividend (1.13%) is low compared to the top 25% of dividend payers in the Indian market (2.1%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.1%), INDIANHUME'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?

12.6yrs

Average management tenure


CEO

Rajas Doshi (69 yo)

26.58yrs

Tenure

₹45,199,971

Compensation

Mr. Rajas Ratanchand Doshi has been the Chairman and Managing Director of The Indian Hume Pipe Company Limited since April 14, 1994. Mr. Doshi serves as the Chairman of IHP Finvest Ltd. He served as an Ind...


CEO Compensation Analysis

Compensation vs Market: Rajas's total compensation ($USD610.54K) is above average for companies of similar size in the Indian market ($USD49.89K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Rajas Doshi
Chairman & MD26.58yrs₹45.20m1.2%
₹ 103.3m
M. Rajadhyaksha
Chief Financial Officer 6.5yrs₹4.40m0.0041%
₹ 354.7k
Subhash Mandke
Company Secretary12.58yrs₹3.95m1.87%
₹ 160.3m
Mayur Doshi
VP & Executive Director 8.5yrs₹35.90m0.36%
₹ 30.5m
A. Joshi
GM of HR & Chief Personnel Managerno datano datano data
M. Gawade
GM of Internal Audit & Chief Internal Auditor5.33yrsno datano data

12.6yrs

Average Tenure

Experienced Management: INDIANHUME's management team is seasoned and experienced (12.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajas Doshi
Chairman & MD26.58yrs₹45.20m1.2%
₹ 103.3m
Mayur Doshi
VP & Executive Director 8.5yrs₹35.90m0.36%
₹ 30.5m
Vijay Kumar Jatia
Independent Non-Executive Director19.83yrs₹1.68m0.0034%
₹ 294.5k
Rameshwar Sarda
Independent Non-Executive Director24.83yrs₹1.50m0.0021%
₹ 176.9k
Anima Kapadia
Non-Independent Non-Executive Director19.83yrs₹1.38m0.0034%
₹ 294.5k
Jyoti Doshi
Non-Executive Non-Independent Director24.83yrs₹1.20m0.65%
₹ 55.5m
Rajendra Gandhi
Independent Non-Executive Director24.83yrs₹1.68m0.0063%
₹ 542.7k
Sucheta Shah
Additional Independent Director0.75yr₹60.00kno data

22.3yrs

Average Tenure

66.5yo

Average Age

Experienced Board: INDIANHUME's board of directors are seasoned and experienced ( 22.3 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

The Indian Hume Pipe Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Indian Hume Pipe Company Limited
  • Ticker: INDIANHUME
  • Exchange: NSEI
  • Founded: 1926
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹8.587b
  • Shares outstanding: 48.45m
  • Website: https://www.indianhumepipe.com

Number of Employees


Location

  • The Indian Hume Pipe Company Limited
  • Construction House
  • 2nd Floor
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
504741BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 1995
INDIANHUMENSEI (National Stock Exchange of India)YesEquity SharesININRSep 1995

Biography

The Indian Hume Pipe Company Limited engages in the construction contract activities in India. It engages in manufacturing, laying, and jointing pipelines. The company undertakes water supply projects for ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 12:20
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
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.