Haldyn Glass Ltd - Stock Valuation and Financial Performance

BSE: 515147 | NSE: | Glass | Small Cap

Haldyn Glass Share Price

158.95 1.35 0.86%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Haldyn Glass

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Haldyn Glass stock performance -

mw4me loader
P/E Ratio (SA):
46.60
Market Cap:
854.4 Cr.
52-wk low:
118.5
52-wk high:
188.9

Is Haldyn Glass Ltd an attractive stock to invest in?

1. Is Haldyn Glass Ltd a good quality company?

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

2. Is Haldyn Glass Ltd 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.

3. Is Haldyn Glass Ltd 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.

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Haldyn Glass Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 21.5%9.5%14%5.6%10.9%10.5%9.3%8.3%13.4%13.4%-
Value Creation
Index
0.5-0.3-0-0.6-0.2-0.3-0.3-0.40.0-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 156141172166223229178213320299372
Sales YoY Gr.--9.6%22.4%-3.5%34.2%2.9%-22.4%19.6%50.4%-6.6%-
Adj EPS 31.42.11.22.421.61.93.42.43.4
YoY Gr.--53.9%50%-42%99.2%-14.6%-19.6%15.9%80.5%-30%-
BVPS (₹) 21.3222525.627.528.930.331.934.937.938.7
Adj Net
Profit
16.17.411.16.512.8118.810.218.412.918
Cash Flow from Ops. 12.714.121.616.213.21824.610.130.419.3-
Debt/CF from Ops. 0.21.30.10.20.60.10.10.71.46.2-

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%
BVPS6.6%6.6%7.8%8.8%
Share Price 18.6% 39.3% 62.6% 6.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
14.16.38.74.897.25.66.110.36.68.9
Op. Profit
Mgn %
16.912.615.98.111.512.111.67.79.611.215.2
Net Profit
Mgn %
10.35.36.53.95.84.854.85.84.34.9
Debt to
Equity
00.2000.10000.20.60.3
Working Cap
Days
11314513014912313217515813016870
Cash Conv.
Cycle
68929310988921171016272-3

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.) 202 202
P/BV 4.11 4.13
PE 46.60 37.36
From the Market
52 Week Low / High (₹) 118.50 / 188.90
All Time Low / High (₹) 0.01 / 188.90
Market Cap (₹ Cr.) 854
Equity (₹ Cr.) 5.4
Face Value (₹) 1
Industry PE 38.5

Management X-Ray of Haldyn Glass:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Haldyn Glass

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales156141172166223229178213320299
Operating Expenses 129124145153199204157196289265
Manufacturing Costs6261626186857492129132
Material Costs454055587581496310365
Employee Cost 13141316141616252834
Other Costs 991518232217172934
Operating Profit 26172714242520163134
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 43353455422
Interest 01111111211
Depreciation 5811111113107819
Exceptional Items 0000000000
Profit Before Tax 2411187161514142627
Tax 8461454368
Profit After Tax 167116121110112019
PAT Margin (%) 10.3%4.7%6.5%3.9%5.4%4.6%5.6%5.1%6.2%6.3%
Adjusted EPS (₹)3.01.22.11.22.32.01.92.03.73.5
Dividend Payout Ratio (%)25%40%26%25%27%31%32%30%19%20%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 117120134137148155163171187204
Share Capital 5555555555
Reserves 112115129132143150158166182199
Minority Interest0000000000
Debt31813713742113
Long Term Debt000000002667
Short Term Debt3181371371646
Trade Payables1011711121516212739
Others Liabilities 22272822211823192399
Total Liabilities 151176170173189190205218280454

Fixed Assets

Gross Block136162858889909398117294
Accumulated Depreciation80781021304048536054
Net Fixed Assets568475665950454557240
CWIP 71110001239
Investments 0202232363536474648
Inventories21303226231927312142
Trade Receivables26272935505446535964
Cash Equivalents 29435121838262511
Others Assets1298981212154840
Total Assets 151176170173189190205218280454

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 13142216131825103019
PBT 2411187161514142627
Adjustment 37111112109792
Changes in Working Capital -8-1-42-1028-52-7
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 5-200-10-420-5417
Others 1300011111
Cash Flow From Financing Activity -39-21-33-10-2-13065
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000000002747
Interest Paid 0-1-100-100-1-8
Dividend Paid -4-4-3-3-2-3-3-3-3-4
Others 114-1714-723729
Net Cash Flow 3-25-127620-32-2
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)14.355.738.924.768.56.946.36.510.989.58
ROCE (%)21.479.5413.965.5910.9210.59.318.2713.4213.36
Asset Turnover Ratio1.180.961.090.991.231.210.91.011.290.81
PAT to CFO Conversion(x)0.81222.671.081.642.50.911.51
Working Capital Days
Receivable Days576154697083103856475
Inventory Days39606062403347503039
Payable Days82945856566011310785187

Haldyn Glass Ltd Stock News

Haldyn Glass Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Haldyn Glass on 21-Nov-2024 16:59 is ₹158.9.
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 Haldyn Glass stood at ₹854.4.
The latest P/E ratio of Haldyn Glass as of 21-Nov-2024 16:59 is 46.60.
The latest P/B ratio of Haldyn Glass as of 21-Nov-2024 16:59 is 4.11.
The 52-week high of Haldyn Glass is ₹188.9 and the 52-week low is ₹118.5.
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.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.