Hinduja Foundries Ltd(Merged)
Hinduja Foundries Ltd(Merged)
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Key Insights
Strengths
2- Company has reduced debt.
- Debtor days have improved from 37.1 to 28.7 days.
Weaknesses
4- Stock is trading at 5.92 times its book value
- Company has low interest coverage ratio.
- Company's cost of borrowing seems high
- Working capital days have increased from 41.1 days to 61.4 days
Growth Rate
Quarterly Results
| Particulars | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 144 | 170 | 168 | 186 | 137 | 129 | 151 | 157 | 133 | 138 | 166 | 156 | 161 |
| Expenses | 157 | 187 | 184 | 201 | 146 | 138 | 161 | 151 | 139 | 158 | 178 | 155 | 160 |
| Operating Profit | -13 | -16 | -16 | -16 | -9 | -9 | -10 | 6 | -6 | -20 | -11 | 0 | 1 |
| OPM % | -9% | -10% | -10% | -8% | -6% | -7% | -7% | 3.7% | -4.8% | -15% | -7% | 0.1% | 0.8% |
| Other Income | 0 | 4 | 0 | -11 | -3 | -9 | -54 | -65 | -3 | 3 | 0 | 2 | 2 |
| Interest | 18 | 17 | 17 | 20 | 20 | 21 | 22 | 24 | 24 | 26 | 14 | 15 | 14 |
| Depreciation | 12 | 13 | 13 | 12 | 14 | 14 | 12 | 12 | 12 | 11 | 12 | 12 | 12 |
| PBT | -43 | -42 | -46 | -58 | -46 | -54 | -99 | -96 | -46 | -54 | -37 | -25 | -23 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -43 | -42 | -46 | -58 | -46 | -54 | -99 | -96 | -46 | -54 | -37 | -25 | -23 |
| EPS in Rs | -14.92 | -5.76 | -6.35 | -8.04 | -6.38 | -7.36 | -13.55 | -13.17 | -6.32 | -2.61 | -1.77 | -1.19 | -1.1 |
Profit & Loss
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 18m | Mar 2013 6m | Sep 2014 18m | Mar 2016 18m | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 330 | 395 | 451 | 363 | 392 | 553 | 1,032 | 307 | 999 | 845 | 620 |
| Expenses | 299 | 356 | 401 | 337 | 341 | 489 | 1,146 | 345 | 1,077 | 897 | 651 |
| Operating Profit | 30 | 39 | 50 | 26 | 50 | 64 | -114 | -39 | -78 | -52 | -30 |
| OPM % | 9% | 10% | 11% | 7% | 13% | 12% | -11% | -13% | -8% | -6% | -4.9% |
| Other Income | 7 | 2 | 2 | 5 | 9 | 5 | -16 | 1 | -4 | -129 | 8 |
| Interest | 6 | 5 | 11 | 27 | 38 | 36 | 120 | 41 | 108 | 138 | 69 |
| Depreciation | 9 | 11 | 16 | 22 | 21 | 24 | 52 | 20 | 72 | 76 | 47 |
| PBT | 22 | 25 | 26 | -19 | 1 | 8 | -301 | -99 | -262 | -394 | -138 |
| Tax % | 38% | 35% | 35% | -36% | 46% | 11% | -3% | 5% | 0% | 0% | — |
| Net Profit | 14 | 16 | 17 | -12 | 0 | 7 | -291 | -104 | -262 | -394 | -138 |
| EPS in Rs | 8.56 | 9.91 | 10.38 | -6.41 | 0.12 | 2.6 | -102 | -36.16 | -36.1 | -19.04 | -6.67 |
| Div. Payout % | 0% | 0% | 19% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | Mar 2013 | Sep 2014 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 19 | 19 | 29 | 29 | 29 | 73 | 207 |
| Reserves | 67 | 73 | 84 | 311 | 311 | 358 | 60 | -43 | -206 | -338 |
| Borrowings | 92 | 192 | 320 | 388 | 467 | 592 | 770 | 897 | 920 | 782 |
| Other Liabilities | 64 | 78 | 96 | 85 | 133 | 120 | 254 | 199 | 203 | 169 |
| Total Liabilities | 239 | 360 | 516 | 802 | 930 | 1,099 | 1,112 | 1,082 | 990 | 820 |
| Fixed Assets | 94 | 95 | 283 | 501 | 491 | 538 | 598 | 602 | 665 | 471 |
| CWIP | 15 | 98 | 11 | 49 | 106 | 103 | 101 | 111 | 24 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 12 | 12 | 12 | 12 | 5 |
| Other Assets | 130 | 167 | 223 | 252 | 333 | 446 | 401 | 357 | 289 | 336 |
| Total Assets | 239 | 360 | 516 | 802 | 930 | 1,099 | 1,112 | 1,082 | 990 | 820 |
Cash Flow
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | Mar 2013 | Sep 2014 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 17 | 9 | 24 | -16 | 21 | -55 | 71 | -69 | -51 | -122 |
| Investing | -96 | -95 | -139 | -55 | -74 | -68 | -98 | -28 | -8 | -15 |
| Financing | 80 | 86 | 114 | 71 | 54 | 123 | 48 | 80 | 58 | 145 |
| Net Cash Flow | 0 | 1 | -1 | 0 | 0 | 0 | 20 | -17 | -1 | 8 |
| Free Cash Flow | -20 | -86 | -115 | -72 | -54 | -112 | -32 | -97 | -80 | -140 |
| CFO/OP | 62 | 38 | 55 | -48 | 41 | -84 | -59 | 180 | 65 | 236 |
Ratios
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | Mar 2013 | Sep 2014 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 74 | 74 | 81 | 121 | 138 | 57 | 170 | 46 | 29 |
| Inventory Days | 106 | 125 | 141 | 293 | 390 | 221 | 74 | 220 | 62 | 74 |
| Days Payable | 117 | 110 | 110 | 161 | 229 | 135 | 124 | 303 | 100 | 122 |
| Cash Conversion Cycle | 61 | 89 | 105 | 213 | 283 | 224 | 8 | 87 | 8 | -19 |
| Working Capital Days | 76 | 86 | 114 | 175 | 193 | 188 | 28 | 112 | 21 | 61 |
| ROCE % | — | 14% | 10% | 2% | 5% | 5% | -18% | — | -18% | -17% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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54 extracted metrics + investor summaries across FY06–FY16.
Documents
Frequently Asked Questions about Hinduja Foundries Ltd(Merged)
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Company Information
Hinduja Foundries is primarily engaged in the business of manufacture of grey iron and aluminum gravity die-castings for automobiles, compressors, industrial engines, power generators and tractors, as well as for defense and marine applications.
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