BSE:508486

Stock Analysis Report

Executive Summary

Hawkins Cookers Limited manufactures, trades, and sells kitchenware in India.

Rewards

Earnings grew by 43% over the past year

Risk Analysis

High level of non-cash earnings

Unstable dividend track record

Highly volatile share price over past 3 months



Snowflake Analysis

Solid track record with excellent balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 508486's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.7%

508486

-2.3%

IN Consumer Durables

-0.4%

IN Market


1 Year Return

93.8%

508486

34.8%

IN Consumer Durables

11.1%

IN Market

Return vs Industry: 508486 exceeded the Indian Consumer Durables industry which returned 34.8% over the past year.

Return vs Market: 508486 exceeded the Indian Market which returned 11.1% over the past year.


Shareholder returns

508486IndustryMarket
7 Day11.7%-2.3%-0.4%
30 Day35.1%6.5%-1.2%
90 Day39.8%11.3%3.3%
1 Year99.3%93.8%35.7%34.8%13.0%11.1%
3 Year102.9%87.9%49.1%46.8%25.3%18.6%
5 Year91.2%70.2%97.3%92.6%35.4%23.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

37.27x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 508486 (₹5399.25) is trading above our estimate of fair value (₹1161.19)

Significantly Below Fair Value: 508486 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 508486 is poor value based on its PE Ratio (37.3x) compared to the Consumer Durables industry average (22.9x).

PE vs Market: 508486 is poor value based on its PE Ratio (37.3x) compared to the Indian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 508486's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 508486 is overvalued based on its PB Ratio (26.3x) compared to the IN Consumer Durables industry average (1.4x).


Next Steps

Future Growth

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

23.9%

Forecasted Consumer Durables 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 Hawkins Cookers 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 Hawkins Cookers performed over the past 5 years?

14.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 508486 has a high level of non-cash earnings.

Growing Profit Margin: 508486's current net profit margins (10.7%) are higher than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: 508486's earnings have grown by 14.4% per year over the past 5 years.

Accelerating Growth: 508486's earnings growth over the past year (43%) exceeds its 5-year average (14.4% per year).

Earnings vs Industry: 508486 earnings growth over the past year (43%) exceeded the Consumer Durables industry 13.9%.


Return on Equity

High ROE: 508486's Return on Equity (70.6%) is considered outstanding.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Hawkins Cookers's financial position?


Financial Position Analysis

Short Term Liabilities: 508486's short term assets (₹2.2B) exceed its short term liabilities (₹1.2B).

Long Term Liabilities: 508486's short term assets (₹2.2B) exceed its long term liabilities (₹261.7M).


Debt to Equity History and Analysis

Debt Level: 508486's debt to equity ratio (26.3%) is considered satisfactory.

Reducing Debt: 508486's debt to equity ratio has increased from 1.2% to 26.3% over the past 5 years.

Debt Coverage: 508486's debt is well covered by operating cash flow (144.3%).

Interest Coverage: 508486's interest payments on its debt are well covered by EBIT (810.3x coverage).


Balance Sheet

Inventory Level: 508486 has a high level of physical assets or inventory.

Debt Coverage by Assets: 508486's debt is covered by short term assets (assets are 7.8x debt).


Next Steps

Dividend

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

1.48%

Current Dividend Yield


Dividend Yield vs Market

company1.5%marketbottom25%0.6%markettop25%2.5%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 508486's dividend (1.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: 508486's dividend (1.48%) is low compared to the top 25% of dividend payers in the Indian market (2.51%).


Stability and Growth of Payments

Stable Dividend: 508486's dividend payments have been volatile in the past 10 years.

Growing Dividend: 508486's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.2%), 508486's dividend payments are 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?

13.8yrs

Average board tenure


CEO

Subhadip Choudhury (51yo)

13.8yrs

Tenure

₹35,783,000

Compensation

Mr. Subhadip Dutta Choudhury, B.Tech, Elec. Engg., IITPGDBA, IIM has been the Chief Executive Officer and Vice Chairman at Hawkins Cookers Limited since April 26, 2006 and has been its Director since May  ...


CEO Compensation Analysis

Compensation vs Market: Subhadip's total compensation ($USD500.36K) is about average for companies of similar size in the Indian market ($USD386.44K).

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


Board Members

NamePositionTenureCompensationOwnership
Subhadip Choudhury
Vice Chairman13.8yrs₹35.78m0.00095% 271.2k
Sudeep Yadav
Executive Director of Finance & Administration6.6yrs₹25.77m2.3% 657.3m
Jai Mukhi
Independent Director44.1yrs₹1.19m0.050% 14.3m
Shishir Diwanji
Independent Director29.1yrs₹1.71m0.096% 27.5m
Brahm Vasudeva
Non-Executive Chairman13.8yrs₹1.31m46.42% 13.3b
V. Sharma
Independent Director22.1yrs₹1.49mno data
Gerson da Cunha
Independent Director28.1yrs₹1.91mno data
Eknath Kshirsagar
Independent Director5.7yrs₹1.44mno data
Susan Vasudeva
Non-Executive Director5.5yrs₹1.26mno data
Ravi Kant
Independent Non-Executive Director3.7yrs₹1.34mno data

13.8yrs

Average Tenure

79yo

Average Age

Experienced Board: 508486's board of directors are seasoned and experienced ( 13.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 508486 insiders have only sold shares 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

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


Key Information

  • Name: Hawkins Cookers Limited
  • Ticker: 508486
  • Exchange: BSE
  • Founded: 1959
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: ₹28.550b
  • Shares outstanding: 5.29m
  • Website: https://www.hawkinscookers.com

Number of Employees


Location

  • Hawkins Cookers Limited
  • Maker Tower
  • Floor 101
  • Mumbai
  • Maharashtra
  • 400005
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
508486BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1994

Biography

Hawkins Cookers Limited manufactures, trades, and sells kitchenware in India. The company offers pressure cookers; SS Hawkins Tpan; and cookware, including tavas, roti tavas, flat and dosa tavas, frying pans, deep frying pans, saucepans, cook-n-serve bowls, handis, stewpots, sauté pans, and cookware sets, as well as provides parts and repair services for its products. It also exports its products. The company was founded in 1959 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 12:39
End of Day Share Price2020/02/14 00:00
Earnings2019/12/31
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.