Is Haldyn Glass a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Haldyn Glass Ltd is a average quality company .

Is Haldyn Glass undervalued or overvalued?

The key valuation ratios of Haldyn Glass Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Haldyn Glass share price return in the past 10 years?

Haldyn Glass Ltd share price has appreciated 17.1% annually (CAGR) over the past ten years.

Is Haldyn Glass a good buy now?

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

Haldyn Glass Ltd - Stock Valuation and Financial Performance

Name: Haldyn Glass
Brand: Haldyn Glass

BSE: 515147 | NSE: | Glass | Small Cap

Place order

Haldyn Glass Share Price

₹156.15 -3.50 -2.19%
as on 20-Dec'24 16:59

10 Year X-Ray of Haldyn Glass:

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 % ⓘ	21.5%	9.5%	14%	5.6%	10.9%	10.5%	9.3%	8.3%	13.4%	13.4%	-
Value Creation Index ⓘ	0.5	-0.3	-0	-0.6	-0.2	-0.3	-0.3	-0.4	0.0	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	156	141	172	166	223	229	178	213	320	299	372
Sales YoY Gr.	-	-9.6%	22.4%	-3.5%	34.2%	2.9%	-22.4%	19.6%	50.4%	-6.6%	-
Adj EPS ⓘ	3	1.4	2.1	1.2	2.4	2	1.6	1.9	3.4	2.4	3.4
YoY Gr.	-	-53.9%	50%	-42%	99.2%	-14.6%	-19.6%	15.9%	80.5%	-30%	-
BVPS (₹) ⓘ	21.3	22	25	25.6	27.5	28.9	30.3	31.9	34.9	37.9	38.7
Adj Net Profit ⓘ	16.1	7.4	11.1	6.5	12.8	11	8.8	10.2	18.4	12.9	18
Cash Flow from Ops. ⓘ	12.7	14.1	21.6	16.2	13.2	18	24.6	10.1	30.4	19.3	-
Debt/CF from Ops. ⓘ	0.2	1.3	0.1	0.2	0.6	0.1	0.1	0.7	1.4	6.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.5%	6%	18.9%	-6.6%
Adj EPS ⓘ	-2.4%	0.1%	13.5%	-30%
BVPSⓘ	6.6%	6.6%	7.8%	8.8%
Share Price	17.1%	39.7%	52.5%	11.5%

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 % ⓘ	14.1	6.3	8.7	4.8	9	7.2	5.6	6.1	10.3	6.6	8.9
Op. Profit Mgn % ⓘ	16.9	12.6	15.9	8.1	11.5	12.1	11.6	7.7	9.6	11.2	15.2
Net Profit Mgn % ⓘ	10.3	5.3	6.5	3.9	5.8	4.8	5	4.8	5.8	4.3	4.9
Debt to Equity ⓘ	0	0.2	0	0	0.1	0	0	0	0.2	0.6	0.3
Working Cap Days ⓘ	113	145	130	149	123	132	175	158	130	168	70
Cash Conv. Cycle ⓘ	68	92	93	109	88	92	117	101	62	72	-3

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.90%

Sales growth is growing at healthy rate in last 3 years 18.86%

Net Profit is growing at healthy rate in last 3 years 13.53%

Sales growth is good in last 4 quarters at 42.03%

No data to display

Latest Financials - Haldyn Glass Ltd.

	Standalone	Consolidated
TTM EPS (₹)	3.4	4.3
TTM Sales (₹ Cr.)	372	372
BVPS (₹.) ⓘ	38.7	38.5
Reserves (₹ Cr.) ⓘ	205	202
P/BV ⓘ	4.04	4.06
PE ⓘ	45.78	36.70

From the Market
52 Week Low / High (₹)	118.50 / 188.90
All Time Low / High (₹)	0.01 / 188.90
Market Cap (₹ Cr.)	839
Equity (₹ Cr.)	5.4
Face Value (₹)	1
Industry PE ⓘ	43.4

Management X-Ray of Haldyn Glass:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Haldyn Glass

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Haldyn Glass

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	156	141	172	166	223	229	178	213	320	299
Operating Expenses ⓘ	129	124	145	153	199	204	157	196	289	265
Manufacturing Costs	62	61	62	61	86	85	74	92	129	132
Material Costs	45	40	55	58	75	81	49	63	103	65
Employee Cost	13	14	13	16	14	16	16	25	28	34
Other Costs ⓘ	9	9	15	18	23	22	17	17	29	34
Operating Profit ⓘ	26	17	27	14	24	25	20	16	31	34
Operating Profit Margin (%)	16.9%	11.8%	15.8%	8.1%	10.8%	11.1%	11.5%	7.6%	9.6%	11.2%
Other Income ⓘ	4	3	3	5	3	4	5	5	4	22
Interest ⓘ	0	1	1	1	1	1	1	1	2	11
Depreciation ⓘ	5	8	11	11	11	13	10	7	8	19
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	24	11	18	7	16	15	14	14	26	27
Tax ⓘ	8	4	6	1	4	5	4	3	6	8
Profit After Tax	16	7	11	6	12	11	10	11	20	19
PAT Margin (%)	10.3%	4.7%	6.5%	3.9%	5.4%	4.6%	5.6%	5.1%	6.2%	6.3%
Adjusted EPS (₹)	3.0	1.2	2.1	1.2	2.3	2.0	1.9	2.0	3.7	3.5
Dividend Payout Ratio (%)	25%	40%	26%	25%	27%	31%	32%	30%	19%	20%

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	117	120	134	137	148	155	163	171	187	204
Share Capital ⓘ	5	5	5	5	5	5	5	5	5	5
Reserves ⓘ	112	115	129	132	143	150	158	166	182	199
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	3	18	1	3	7	1	3	7	42	113
Long Term Debt	0	0	0	0	0	0	0	0	26	67
Short Term Debt	3	18	1	3	7	1	3	7	16	46
Trade Payables	10	11	7	11	12	15	16	21	27	39
Others Liabilities ⓘ	22	27	28	22	21	18	23	19	23	99
Total Liabilities ⓘ	151	176	170	173	189	190	205	218	280	454
Fixed Assets
Gross Block	136	162	85	88	89	90	93	98	117	294
Accumulated Depreciation	80	78	10	21	30	40	48	53	60	54
Net Fixed Assetsⓘ	56	84	75	66	59	50	45	45	57	240
CWIP ⓘ	7	1	1	1	0	0	0	1	23	9
Investmentsⓘ	0	20	22	32	36	35	36	47	46	48
Inventories	21	30	32	26	23	19	27	31	21	42
Trade Receivables	26	27	29	35	50	54	46	53	59	64
Cash Equivalents	29	4	3	5	12	18	38	26	25	11
Others Assetsⓘ	12	9	8	9	8	12	12	15	48	40
Total Assets ⓘ	151	176	170	173	189	190	205	218	280	454

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 ⓘ	13	14	22	16	13	18	25	10	30	19
PBT ⓘ	24	11	18	7	16	15	14	14	26	27
Adjustment ⓘ	3	7	11	11	12	10	9	7	9	2
Changes in Working Capital ⓘ	-8	-1	-4	2	-10	2	8	-5	2	-7
Tax Paid ⓘ	-6	-3	-3	-4	-5	-9	-6	-5	-6	-2
Cash Flow From Investing Activity ⓘ	-6	-48	-2	-12	-8	-2	-3	-12	-58	-86
Capex	-12	-31	-2	-3	-4	-5	-5	-8	-63	-104
Net Investments	5	-20	0	-10	-4	2	0	-5	4	17
Others ⓘ	1	3	0	0	0	1	1	1	1	1
Cash Flow From Financing Activityⓘ	-3	9	-21	-3	3	-10	-2	-1	30	65
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	27	47
Interest Paid ⓘ	0	-1	-1	0	0	-1	0	0	-1	-8
Dividend Paid ⓘ	-4	-4	-3	-3	-2	-3	-3	-3	-3	-4
Others ⓘ	1	14	-17	1	4	-7	2	3	7	29
Net Cash Flow ⓘ	3	-25	-1	2	7	6	20	-3	2	-2

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 (%)	14.35	5.73	8.92	4.76	8.5	6.94	6.3	6.5	10.98	9.58
ROCE (%)	21.47	9.54	13.96	5.59	10.92	10.5	9.31	8.27	13.42	13.36
Asset Turnover Ratio	1.18	0.96	1.09	0.99	1.23	1.21	0.9	1.01	1.29	0.81
PAT to CFO Conversion(x)	0.81	2	2	2.67	1.08	1.64	2.5	0.91	1.5	1
Working Capital Days
Receivable Days	57	61	54	69	70	83	103	85	64	75
Inventory Days	39	60	60	62	40	33	47	50	30	39
Payable Days	82	94	58	56	56	60	113	107	85	187

Haldyn Glass Ltd Stock News

Haldyn Glass Ltd FAQs

What is the share price of Haldyn Glass?

Company share prices are keep on changing according to the market conditions. The closing price of Haldyn Glass on 20-Dec-2024 16:59 is ₹156.2.

What is the market cap of Haldyn Glass?

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 20-Dec-2024 16:59 the market cap of Haldyn Glass stood at ₹839.3.

What is the P/E ratio of Haldyn Glass?

The latest P/E ratio of Haldyn Glass as of 20-Dec-2024 16:59 is 45.78.

What is the P/B ratio of Haldyn Glass?

The latest P/B ratio of Haldyn Glass as of 20-Dec-2024 16:59 is 4.04.

What is the 52-week high and low of Haldyn Glass?

The 52-week high of Haldyn Glass is ₹188.9 and the 52-week low is ₹118.5.

What is the TTM revenue of Haldyn Glass?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Haldyn Glass is ₹372.2 ( Cr.) .

About Haldyn Glass Ltd

Haldyn Glass Gujarat Ltd. (HGGL), an associate company within the Haldyn group is located at village Gavasad, Dist. Baroda, Gujarat, India. It began commercial production in the year 1995 and is dedicated to mass production of Clear Glass Containers with a furnace capacity of 160 TPD. This modern plant is equipped with an automatic batch house, feedback temperature control system for forehearths, high speed IS (Individual Section) machines, well equipped design department and mould workshop.

The vision of achieving product reliability, customer satisfaction and getting onto the platform of global competitiveness came true, when Company started manufacturing the products in-line with ISO Quality Standards. HGGL achieved its milestone when it was awarded an ISO-9001:2000 Certification by TUV Suddeutschland. HGGL was also awarded ISO 14001 recently

The company possesses a blend of glass technologists, technical personnels and other profssionals whose dedicated team work has led to the growth of the Company. HGGL is one of the major players in Clear Glass container manufacturing segment in India. It has the most coveted clientele belonging to the Liquor Industry. HGGL also caters to Cosmetic, Food and Pharmaceutical industries.

Product range of the company includes: Glass Containers

Clear
Liquor
Cosmetics
Food & Beverages

Vials- Pharmaceutical industry use these Clear glass Vials of various shapes and sizes to package injectibles, eye-drops, ear-drops and other life saving drugs.