Hemang Resources Ltd - Stock Valuation and Financial Performance

BSE: 531178 | NSE: | Trading | Small Cap

Hemang Resources Share Price

27.60 -0.90 -3.16%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Hemang Resources

M-Cap below 100cr DeciZen not available

Hemang Resources stock performance -

mw4me loader
P/E Ratio (SA):
3.49
Market Cap:
37.6 Cr.
52-wk low:
26.9
52-wk high:
49.4

Is Hemang Resources Ltd an attractive stock to invest in?

1. Is Hemang Resources Ltd a good quality company?

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

2. Is Hemang Resources Ltd undervalued or overvalued?

The key valuation ratios of Hemang Resources Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Hemang Resources Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hemang Resources 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 Hemang Resources:

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.
Hemang Resources 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 % 19.4%20.7%14.4%-12.5%-26.8%-13.7%-20.8%130.3%42.4%-11.3%-
Value Creation
Index
0.40.50.0-1.9-2.9-2.0NA8.32.0-1.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 628435250126371.40.165.820537.19
Sales YoY Gr.--30.7%-42.6%-49.6%-70.6%-96.4%-92.6%65,730%211.5%-81.9%-
Adj EPS 4.41.1-0.8-8.8-9-3.5-3.814.85.7-0.88.2
YoY Gr.--75.5%-169.4%NANANANANA-61.7%-114.5%-
BVPS (₹) 25.126.125.316.47.23.5-0.314.520.119.318.9
Adj Net
Profit
5.81.4-1-11.6-11.9-4.6-5.119.67.5-1.111
Cash Flow from Ops. 26.319.2-12.58.4-16.27.510.515.8-0.40.8-
Debt/CF from Ops. 1.10.5-2.93.9-2.54.32.10.2-9.32.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -27%0%618.7%-81.9%
Adj EPS -183%NANA-114.5%
BVPS-2.9%21.9%NA-4.1%
Share Price 8.4% 34.9% 110.7% -30.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
15.23.4-2.6-42.2-76.5-65.1-238.4208.832.8-4.242.9
Op. Profit
Mgn %
2.22.11.6-12.4-38.1-1438.7-19760.223.84.9-41.5-19.2
Net Profit
Mgn %
0.90.3-0.4-9.2-32.1-341.1-5113.629.73.7-2.9126
Debt to
Equity
0.70.31.11.54.37-54.70.20.10.10
Working Cap
Days
9417524635296219,6091,93,3933131206077,391
Cash Conv.
Cycle
34233810627511,7411,28,02636443403,342

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 618.68%

Return on Equity has declined versus last 3 years average to 42.90%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -89.84%

Latest Financials - Hemang Resources Ltd.

Standalone Consolidated
TTM EPS (₹) 8.2 -
TTM Sales (₹ Cr.) 8.6 -
BVPS (₹.) 18.9 -
Reserves (₹ Cr.) 12 -
P/BV 1.51 -
PE 3.49 -
From the Market
52 Week Low / High (₹) 26.90 / 49.44
All Time Low / High (₹) 0.08 / 117.00
Market Cap (₹ Cr.) 37.6
Equity (₹ Cr.) 13.2
Face Value (₹) 10
Industry PE 69

Management X-Ray of Hemang Resources:

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 Hemang Resources

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
Sales627.79435.17249.60125.7637.041.350.1065.83205.0537.12
Operating Expenses 613.80426.17245.55141.6651.5021.0419.6850.21195.0652.54
Manufacturing Costs0.220.280.260.140.150.090.060.030.020.02
Material Costs600.32415.20237.49127.8736.961.161.8444.63194.0847.72
Employee Cost 2.253.373.302.191.420.800.340.380.310.33
Other Costs 11.017.334.4911.4612.9718.9917.445.170.654.47
Operating Profit 13.9994.05-15.90-14.45-19.69-19.5815.629.99-15.42
Operating Profit Margin (%) 2.2%2.1%1.6%-12.6%-39.0%-1,461.9%-19,760.2%23.7%4.9%-41.5%
Other Income 2.143.574.778.190.4713.7113.5312.861.1312.18
Interest 7.5510.7710.279.462.360.240.470.270.130.01
Depreciation 00.010.020.020.020.020.020.010.010.01
Exceptional Items 0000000000
Profit Before Tax 8.571.80-1.47-17.19-16.36-6.24-6.5428.2010.97-3.26
Tax 2.820.50-0.48-5.34-4.24-1.43-1.508.683.59-2.17
Profit After Tax 5.751.29-0.99-11.85-12.12-4.81-5.0419.527.38-1.09
PAT Margin (%) 0.9%0.3%-0.4%-9.4%-32.7%-357.0%-5,086.5%29.7%3.6%-2.9%
Adjusted EPS (₹)4.21.0-0.8-9.0-9.2-3.7-3.814.85.6-0.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 41.1342.4233.4321.589.464.65-0.3919.1326.5125.42
Share Capital 21.2021.2013.2013.2013.2013.2013.2013.2013.2013.20
Reserves 19.9321.2220.238.38-3.74-8.55-13.595.9313.3112.22
Minority Interest0000000000
Debt27.4910.4036.1032.5541.0132.5921.593.393.391.86
Long Term Debt0000.730.780.710.712.392.390.86
Short Term Debt27.4910.4036.1031.8240.2231.8820.881.011.011.01
Trade Payables152.39159.5973.1962.0339.1126.5425.9333.4726.0119.65
Others Liabilities 10.865.1811.607.741.47-0.743.7412.0313.898.68
Total Liabilities 231.86217.59154.31123.9191.0463.0450.8668.0269.8155.62

Fixed Assets

Gross Block0.040.070.140.140.140.140.140.150.150.15
Accumulated Depreciation00.010.030.050.070.080.100.110.120.13
Net Fixed Assets0.040.060.110.090.080.060.050.040.030.02
CWIP 0000000000
Investments 0.860.090.210.260.260.320.270.300.350.40
Inventories30.3524.3922.5526.6015.3214.7212.8817.7817.5821.69
Trade Receivables168.79155.6590.4264.3449.8829.1423.2237.2439.7822.15
Cash Equivalents 17.1014.1120.3114.614.374.293.811.170.900.09
Others Assets14.7223.2920.711821.1314.5110.6311.4911.1611.28
Total Assets 231.86217.59154.31123.9191.0463.0450.8668.0269.8155.62

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 26.3019.19-12.488.44-16.227.5410.4815.75-0.360.84
PBT 8.571.80-1.47-17.19-16.36-6.24-6.5428.2010.97-3.26
Adjustment 6.754.375.81102.48-0.83-0.180.14-0.13-0.15
Changes in Working Capital 10.9813.03-16.8115.64-2.3414.6217.2-12.59-11.24.03
Tax Paid 000000000-0.02
Cash Flow From Investing Activity -4.543.36-4.603.5110.071.320.972.110.090.63
Capex -0.04-0.03-0.070000-0.0100
Net Investments 0.331.19-6.725.5710.540.420.572.0300.75
Others -4.822.202.20-2.06-0.470.910.400.080.09-0.12
Cash Flow From Financing Activity -41.88-26.5016.67-12.026.45-8.53-11.24-21.800-1.53
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00000-0.080000
Interest Paid -6.83-9.40-9.03-7.75-2.01-0.12-0.23-0.2400
Dividend Paid 0000000000
Others -35.04-17.0925.70-4.278.45-8.34-11.01-21.570-1.53
Net Cash Flow -20.11-3.94-0.40-0.080.300.340.20-3.94-0.27-0.06
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)18.963.83-2.91-43.08-78.11-68.25N/A208.4332.36-4.18
ROCE (%)19.3720.714.39-12.51-26.78-13.68N/A130.2642.35-11.34
Asset Turnover Ratio3.371.941.340.90.340.0201.112.980.59
PAT to CFO Conversion(x)4.5714.88N/AN/AN/AN/AN/A0.81-0.05N/A
Working Capital Days
Receivable Days711361802255630016869304
Inventory Days162334712074,07008531193
Payable Days5513717919349905,20424356175

Hemang Resources Ltd Stock News

Hemang Resources Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Hemang Resources on 21-Nov-2024 16:59 is ₹27.60.
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 Hemang Resources stood at ₹37.62.
The latest P/E ratio of Hemang Resources as of 21-Nov-2024 16:59 is 3.49.
The latest P/B ratio of Hemang Resources as of 21-Nov-2024 16:59 is 1.51.
The 52-week high of Hemang Resources is ₹49.44 and the 52-week low is ₹26.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hemang Resources is ₹8.56 ( Cr.) .

About Hemang Resources Ltd

Bhatia Industries & Infrastructure Ltd. formerly known as BCC Finance Limited and a BCC Group company is a public limited company. It was incorporated in July, 1993. The company was initially engaged in finance of leasing and hire purchase business.

BCC Group comprises different main ventures including three limited companies and one proprietorship concern viz. (I) Bhatia International Ltd. (Formally known as Bhatia Coal Corporation) (ii) Bhatia Coal Sales Ltd (iii) BCC Finance Ltd. and (iv) Associated Transport Company. The Group was formed in 1979. The group is primarily engaged in trading of Imported coal, Meghalaya coal and indigenous coal with a net-work of 15 branches all over the country and agents in different countries. The group has taken shape of an international organisation.

The Reserve Bank of India has on August 4, 2006 cancelled the certificate of registration granted to M/s BCC Finance Limited, Indore having its registered office at BCC House, 8/5 Manoramaganj, Navratan Bagh, Main Road, Indore-1 for carrying on the business of a non-banking financial institution as the company has opted to exit from the business of a non-banking financial institution. Following cancellation of registration certificate, M/s BCC Finance Limited, cannot transact the business of a non-banking financial institution.

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.