Is HPL Electric & Power a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that HPL Electric & Power Ltd is a average quality company .

Is HPL Electric & Power undervalued or overvalued?

The key valuation ratios of HPL Electric & Power Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is HPL Electric & Power share price return in the past 10 years?

Data is not available for this company

Is HPL Electric & Power a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of HPL Electric & Power Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of HPL Electric & Power?

The latest standalone P/E ratio of HPL Electric & Power as of 21-Nov-2024 is 51.67.

What is the P/B ratio of HPL Electric & Power?

The latest standalone P/B ratio of HPL Electric & Power as of 21-Nov-2024 is 3.68.

What is the 52-week high and low of HPL Electric & Power?

The 52-week high of HPL Electric & Power is Rs. 694.30 and the 52-week low is Rs. 198.65.

HPL Electric & Power Ltd - Stock Valuation and Financial Performance

Name: HPL Electric & Power
Brand: HPL Electric & Power

BSE: 540136 | NSE: HPL | Electric Equipment | Small Cap

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HPL Electric Share Price

₹482.25 -8.00 -1.63%
as on 21-Nov'24 16:59

10 Year X-Ray of HPL Electric:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	14.5%	14.4%	9.2%	7.3%	7.7%	6.4%	5.5%	5.8%	8.6%	10.9%	-
Value Creation Index ⓘ	0.0	0.0	-0.3	-0.5	-0.5	-0.6	-0.6	-0.6	-0.4	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,045	1,115	927	1,000	1,103	925	850	1,004	1,215	1,421	1,562
Sales YoY Gr.	-	6.7%	-16.9%	7.9%	10.3%	-16.1%	-8.1%	18.1%	21%	17%	-
Adj EPS ⓘ	7.4	8	3.2	3.6	4.1	2.7	1.2	1.1	4.3	6.5	9.5
YoY Gr.	-	7.6%	-60.4%	13%	15.1%	-34.8%	-53.7%	-10.5%	289.2%	50.5%	-
BVPS (₹) ⓘ	68.7	76.5	109.3	111.1	113.9	116.3	117.5	118.3	122.5	127.5	133.1
Adj Net Profit ⓘ	34.5	37.1	20.3	22.9	26.4	17.2	8	7.1	27.8	41.8	61
Cash Flow from Ops. ⓘ	27	112	-7.8	9	59.9	53	73.1	93.9	94	93.4	-
Debt/CF from Ops. ⓘ	19.1	5.2	-42.1	48.7	8	10.2	7.4	5.9	5.9	6.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	3.5%	5.2%	18.7%	17%
Adj EPS ⓘ	-1.5%	9.6%	73.7%	50.5%
BVPSⓘ	7.1%	2.3%	2.8%	4.1%
Share Price	-	64.5%	97.1%	128.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	11	11	3.8	3.2	3.7	2.3	1.1	0.9	3.6	5.2	7.3
Op. Profit Mgn % ⓘ	12	12.7	11.8	9.7	10.7	12	12.8	11.5	12	12.8	13.4
Net Profit Mgn % ⓘ	3.3	3.3	2.2	2.3	2.4	1.9	0.9	0.7	2.3	2.9	3.9
Debt to Equity ⓘ	1.6	1.6	0.5	0.6	0.7	0.7	0.7	0.7	0.7	0.7	0.1
Working Cap Days ⓘ	218	241	307	322	307	364	408	363	318	305	150
Cash Conv. Cycle ⓘ	117	113	155	180	193	256	301	260	223	213	48

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.30%

Sales growth is growing at healthy rate in last 3 years 18.67%

Net Profit is growing at healthy rate in last 3 years 73.71%

Debt to equity has declined versus last 3 years average to 0.71

Sales growth is good in last 4 quarters at 21.44%

No data to display

Latest Financials - HPL Electric & Power Ltd.

	Standalone	Consolidated
TTM EPS (₹)	9.5	10
TTM Sales (₹ Cr.)	1,562	1,605
BVPS (₹.) ⓘ	133.1	134.7
Reserves (₹ Cr.) ⓘ	791	802
P/BV ⓘ	3.68	3.64
PE ⓘ	51.67	49.11

From the Market
52 Week Low / High (₹)	198.65 / 694.30
All Time Low / High (₹)	18.30 / 694.30
Market Cap (₹ Cr.)	3,152
Equity (₹ Cr.)	64.3
Face Value (₹)	10
Industry PE ⓘ	90.2

Management X-Ray of HPL Electric:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of HPL Electric

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of HPL Electric

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,045	1,115	927	1,000	1,103	925	850	1,004	1,215	1,421
Operating Expenses ⓘ	920	974	818	903	985	815	741	889	1,069	1,240
Manufacturing Costs	45	34	45	45	45	43	36	42	45	57
Material Costs	693	741	606	660	718	571	536	654	807	933
Employee Cost	66	107	107	125	133	130	108	118	139	173
Other Costs ⓘ	115	93	60	74	89	71	61	74	78	77
Operating Profit ⓘ	125	142	109	97	117	111	109	115	145	181
Operating Profit Margin (%)	12.0%	12.7%	11.8%	9.7%	10.6%	12.0%	12.8%	11.5%	12.0%	12.7%
Other Income ⓘ	5	5	5	4	4	4	3	4	3	4
Interest ⓘ	70	78	62	46	53	56	60	64	71	85
Depreciation ⓘ	16	19	23	21	30	35	42	44	35	35
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	44	49	28	33	39	23	11	11	43	64
Tax ⓘ	9	12	8	10	12	7	3	4	15	23
Profit After Tax	34	37	20	23	26	17	8	7	28	41
PAT Margin (%)	3.3%	3.3%	2.2%	2.3%	2.4%	1.8%	0.9%	0.7%	2.3%	2.9%
Adjusted EPS (₹)	7.4	8.0	3.1	3.6	4.1	2.6	1.2	1.1	4.3	6.4
Dividend Payout Ratio (%)	1%	1%	48%	28%	5%	6%	12%	14%	23%	16%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	319	355	703	714	732	748	755	761	787	820
Share Capital ⓘ	19	46	64	64	64	64	64	64	64	64
Reserves ⓘ	300	309	639	650	668	683	691	696	723	756
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	485	548	329	431	475	533	513	522	535	531
Long Term Debt	95	116	0	8	2	30	23	33	25	69
Short Term Debt	390	431	329	424	473	503	490	489	510	462
Trade Payables	244	332	254	277	206	163	181	213	210	291
Others Liabilities ⓘ	94	104	68	22	32	50	69	60	89	168
Total Liabilities ⓘ	1,142	1,339	1,355	1,444	1,445	1,494	1,517	1,556	1,622	1,809
Fixed Assets
Gross Block	373	435	394	436	485	557	568	592	580	603
Accumulated Depreciation	66	85	23	44	74	106	147	188	174	185
Net Fixed Assetsⓘ	307	350	371	392	412	451	422	404	406	418
CWIP ⓘ	0	3	0	0	7	3	1	8	7	7
Investmentsⓘ	15	54	54	54	54	54	54	54	54	54
Inventories	306	300	343	395	396	422	426	488	466	557
Trade Receivables	401	506	469	447	452	440	494	460	546	650
Cash Equivalents	54	58	59	61	57	56	67	69	62	51
Others Assetsⓘ	58	67	58	95	68	68	53	73	80	72
Total Assets ⓘ	1,142	1,339	1,355	1,444	1,445	1,494	1,517	1,556	1,622	1,809

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	27	112	-8	9	60	53	73	94	94	93
PBT ⓘ	44	49	28	33	39	23	11	11	43	64
Adjustment ⓘ	82	94	82	65	79	88	98	106	103	118
Changes in Working Capital ⓘ	-88	-22	-111	-79	-52	-53	-36	-20	-46	-76
Tax Paid ⓘ	-11	-8	-7	-10	-6	-5	-1	-2	-6	-13
Cash Flow From Investing Activity ⓘ	-39	-92	-47	-52	-47	-58	-4	-37	-36	-37
Capex	-72	-50	-54	-55	-43	-65	-11	-33	-39	-41
Net Investments	0	-39	0	0	0	0	0	0	0	0
Others ⓘ	33	-3	7	4	-3	7	6	-4	3	4
Cash Flow From Financing Activityⓘ	20	-16	56	44	-17	4	-63	-55	-65	-67
Net Proceeds from Shares ⓘ	0	0	336	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	16	0	-115	7	-5	31	11	10	-8	44
Interest Paid ⓘ	-70	-78	-62	-46	-53	-56	-59	-64	-71	-85
Dividend Paid ⓘ	0	0	0	-10	-6	-1	-1	-1	-1	-6
Others ⓘ	74	62	-102	93	48	29	-14	-1	14	-20
Net Cash Flow ⓘ	8	4	1	1	-4	-1	5	1	-7	-11

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	10.94	10.99	3.8	3.22	3.65	2.26	1.06	0.94	3.59	5.13
ROCE (%)	14.5	14.38	9.19	7.25	7.74	6.36	5.46	5.75	8.56	10.9
Asset Turnover Ratio	1.09	1	0.77	0.73	0.76	0.63	0.56	0.65	0.76	0.83
PAT to CFO Conversion(x)	0.79	3.03	-0.4	0.39	2.31	3.12	9.13	13.43	3.36	2.27
Working Capital Days
Receivable Days	115	133	172	163	149	176	201	174	151	154
Inventory Days	88	89	113	132	131	161	182	166	143	131
Payable Days	115	142	177	147	123	118	117	110	96	98

HPL Electric & Power Ltd Stock News

HPL Electric & Power Ltd FAQs

What is the share price of HPL Electric?

Company share prices are keep on changing according to the market conditions. The closing price of HPL Electric on 21-Nov-2024 16:59 is ₹482.2.

What is the market cap of HPL Electric?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of HPL Electric stood at ₹3,152.3.

What is the P/E ratio of HPL Electric?

The latest P/E ratio of HPL Electric as of 21-Nov-2024 16:59 is 51.67.

What is the P/B ratio of HPL Electric?

The latest P/B ratio of HPL Electric as of 21-Nov-2024 16:59 is 3.68.

What is the 52-week high and low of HPL Electric?

The 52-week high of HPL Electric is ₹694.3 and the 52-week low is ₹198.7.

What is the TTM revenue of HPL Electric?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HPL Electric is ₹1,562 ( Cr.) .

About HPL Electric & Power Ltd

The company was incorporated as ‘HPL-Socomec Private Limited’ on May 28, 1992 as a private limited company under the Companies Act 1956, with the Registrar of Companies, National Capital Territory of Delhi and Haryana at New Delhi (the RoC). Pursuant to a resolution of its Board of Directors dated January 21, 2010 and a resolution of its shareholders dated February 18, 2010, the name of the company was changed to HPL Electric & Power Private Limited and a fresh certificate of incorporation was issued upon change of name by the RoC on March 10, 2010. Further, pursuant to conversion of the company to a public limited company, the name of the company was changed to ‘HPL Electric & Power Limited’ and a fresh certificate of incorporation consequent upon change of name on conversion to public limited company was issued by the RoC on December 14, 2015.

The company supplies its products through a network of authorized dealers or distributors to institutional, non-institutional and corporate customers. It supplies switchgears, lighting equipment and wires and cables, primarily through its pan-India authorized dealer network. The company’s authorized dealers or distributors further sell its products to over 15,000 retailers in India. In addition, it supplies its products to Power Utilities, which primarily includes supply of meters under direct contractual arrangements to electricity boards and power distribution companies, as well as through project contractors. Further, the company supplies its portfolio of products to developers of residential and commercial building projects, OEMs and to industrial customers through a mix of direct sales and supply through its authorized dealer network.

The company also operates two tool rooms at Gurgaon (Haryana) and Kundli (Haryana), within its R&D Centres, where it has in-house component designing and tool designing facilities. The company currently owns and operates seven manufacturing facilities located across the states of Haryana and Himachal Pradesh, having in-house testing capabilities, including one manufacturing facility owned and operated by its Subsidiary.

Business area of the company

The company is an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, including, metering solutions, switchgears, lighting equipment and wires and cables, catering to consumer and institutional customers in the electrical equipment industry. It currently manufactures and sells its products under the umbrella brand ‘HPL’, which has been registered in India since 1975.

Major events

1992: Incorporation of the company under the Companies Act 1956 pursuant to a joint venture agreement dated October 24, 1991 between Socomec and Havells Electronics Private Limited (the ‘Havell’s’ trademark is a property of Havell’s Industries (now Havells India Limited) and the company, its Promoters and members of its Promoter Group are not associated in any manner with Havells India Limited or its promoters).
1998: Commencement of production of electronic/static energy meters at the factory situated at Gurgaon Facility I 2008 HPTL Scheme of Amalgamation pursuant to which the company acquired the lighting equipment business Commencement of production and manufacture of lighting equipment at its Sonepat Facility.
2010 Change of name of the company from HPL-Socomec Private Limited to HPL Electric & Power Private Limited.
2010: Commencement of production and manufacture of meters at its Gurgaon Facility II.
2011: Commencement of production and manufacture of switchgears at its Kundli Facility.
2014: Commencement of the production of wires and cables at the factory located at its Gharaunda Facility.
2015: Conversion of the company into a public limited company.
2015: Commencement of manufacture of LED products.
2015: Settlement with Socomec pursuant to which its promoter and promoter group acquired the entire shareholding of Socomec in the company.
2016: Acquisition of Himachal Energy upon conversion of 15,000,000 optionally convertible debentures of Himachal Energy held by the company, pursuant to which Himachal Energy became a 97.15% owned subsidiary of the company.