Hisar Spinning Mills Ltd - Stock Valuation and Financial Performance

BSE: 521068 | NSE: | Textile - Spinning | Small Cap

Hisar Spinning Mills Share Price

69.23 0.00 0.00%
as on 11-Dec'24 16:59

DeciZen - make an informed investing decision on Hisar Spinning Mills

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Hisar Spinning Mills stock performance -

mw4me loader
P/E Ratio (SA):
13.34
Market Cap:
25.9 Cr.
52-wk low:
40
52-wk high:
84

Is Hisar Spinning Mills Ltd an attractive stock to invest in?

1. Is Hisar Spinning Mills Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Hisar Spinning Mills Ltd is a good quality company.

2. Is Hisar Spinning Mills Ltd undervalued or overvalued?

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

3. Is Hisar Spinning Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hisar Spinning Mills 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 Hisar Spinning Mills:

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.
Hisar Spinning Mills Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 14%11.8%10.8%22%30.7%22.2%15.1%31%20.3%12.5%-
Value Creation
Index
0-0.2-0.20.61.20.60.11.20.5-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 23.923.926.928.730.531.428.735.946.74242
Sales YoY Gr.-0%12.2%7%6.1%3.1%-8.6%25.2%30%-10.1%-
Adj EPS 2.11.41.13.765.13.910.88.75.45.2
YoY Gr.--34.8%-19.3%243.1%61.5%-15.7%-23.6%178.4%-19.5%-38.5%-
BVPS (₹) 15.717.31619.825.230.534.445.354.259.661.4
Adj Net
Profit
0.80.50.41.42.31.91.54.13.322
Cash Flow from Ops. 2.132.12.31.63.7-0.62.41.32.3-
Debt/CF from Ops. 1.422.61.62.30.7-2.71.92.21.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.5%6.6%13.5%-10.1%
Adj EPS 11.2%-2.4%11.3%-38.5%
BVPS16%18.8%20.2%10%
Share Price 28.6% 26.1% 32% 56.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
12.67.46.220.926.918.31227.217.59.48.6
Op. Profit
Mgn %
10.614.415.914.615.412.28.714.614.811.110.7
Net Profit
Mgn %
3.22.11.54.97.46.15.111.374.84.6
Debt to
Equity
0.50.90.90.50.40.20.10.30.20.1-
Working Cap
Days
8186899711412414614813616279
Cash Conv.
Cycle
606370799291106958511266

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 13.50%

Net Profit is growing at healthy rate in last 3 years 11.28%

Return on Equity has declined versus last 3 years average to 8.60%

Sales growth is not so good in last 4 quarters at -6.28%

Latest Financials - Hisar Spinning Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 5.2 -
TTM Sales (₹ Cr.) 41.9 -
BVPS (₹.) 61.4 -
Reserves (₹ Cr.) 19 -
P/BV 1.13 -
PE 13.34 -
From the Market
52 Week Low / High (₹) 40.00 / 84.00
All Time Low / High (₹) 1.80 / 86.45
Market Cap (₹ Cr.) 25.9
Equity (₹ Cr.) 3.7
Face Value (₹) 10
Industry PE 29.1

Management X-Ray of Hisar Spinning Mills:

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

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Analyst's Notes

Key Ratios of Hisar Spinning Mills

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
Sales23.9223.9326.8528.7430.4831.4128.7135.9346.6941.98
Operating Expenses 21.3920.5322.5924.5525.7927.5926.2130.6739.7637.31
Manufacturing Costs5.045.485.956.146.916.837.128.149.639.40
Material Costs15.7714.2515.3916.6016.7418.1115.7317.2325.1823.81
Employee Cost 0.310.410.811.411.591.842.192.943.013.34
Other Costs 0.270.390.450.390.550.811.162.361.940.76
Operating Profit 2.533.404.274.194.693.832.505.266.934.67
Operating Profit Margin (%) 10.6%14.2%15.9%14.6%15.4%12.2%8.7%14.6%14.8%11.1%
Other Income 0.130.070.130.160.260.220.420.920.110.06
Interest 0.280.470.740.610.520.220.080.110.310.24
Depreciation 1.352.312.721.881.251.060.780.602.491.69
Exceptional Items 00.18-0.350000000
Profit Before Tax 1.030.870.591.863.182.772.055.484.242.81
Tax 0.240.270.420.440.910.790.581.350.920.79
Profit After Tax 0.790.600.171.412.271.981.474.133.312.02
PAT Margin (%) 3.3%2.5%0.6%4.9%7.4%6.3%5.1%11.5%7.1%4.8%
Adjusted EPS (₹)2.11.60.53.86.15.33.911.18.95.4
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 6.517.105.977.389.3911.3812.8316.9120.2422.26
Share Capital 4.394.393.743.743.743.743.743.743.743.74
Reserves 2.122.722.233.645.667.659.1013.1716.5118.53
Minority Interest0000000000
Debt2.324.583.952.512.791.541.243.871.862.03
Long Term Debt1.734.583.252.211.580.630.202.911.862.03
Short Term Debt0.5900.700.301.210.911.040.9600
Trade Payables0.390.410.400.380.881.621.263.521.960.57
Others Liabilities 0.732.114.143.603.232.771.872.641.461.30
Total Liabilities 9.9514.2114.4513.8716.2917.3017.2026.9425.5226.17

Fixed Assets

Gross Block12.3316.5519.3019.442020.4420.5227.1827.6627.73
Accumulated Depreciation9.399.5713.1515.0316.0717.0317.8118.1020.6022.28
Net Fixed Assets2.956.986.154.413.933.412.719.087.075.44
CWIP 0.380.59000.24000.0700
Investments 0000000000
Inventories3.473.604.665.297.146.677.7910.8710.4211.03
Trade Receivables0.631.371.511.892.392.233.022.404.172.75
Cash Equivalents 1.310.651.271.191.293.351.991.030.261.72
Others Assets1.211.020.861.091.301.641.693.493.605.24
Total Assets 9.9514.2114.4513.8716.2917.3017.2026.9425.5226.17

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 2.133.042.102.271.633.73-0.612.431.312.28
PBT 1.030.870.591.863.182.772.055.484.242.81
Adjustment 1.492.543.282.351.460.970.03-0.941.901.79
Changes in Working Capital 0.07-0.21-1.2-1.04-2.060.78-2.44-1.2-3.75-1.55
Tax Paid -0.46-0.15-0.57-0.90-0.95-0.80-0.26-0.91-1.07-0.77
Cash Flow From Investing Activity -1.72-5.05-0.75-0.06-0.38-2.290.83-4.84-0.08-0.73
Capex -0.48-6.37-0.30-0.14-1.02-0.30-0.08-6.19-0.31-0.05
Net Investments 000-0.030.62-2.070.821.180.21-0.70
Others -1.251.32-0.440.110.020.080.090.160.020.02
Cash Flow From Financing Activity -0.812.65-1.24-2.31-0.62-1.47-0.942.89-2-0.10
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.703.67-1.46-1.57-0.47-0.96-0.973.05-0.770.13
Interest Paid -0.25-0.43-0.48-0.35-0.41-0.21-0.09-0.09-0.27-0.22
Dividend Paid 0000000000
Others 0.14-0.590.70-0.400.26-0.300.12-0.07-0.960
Net Cash Flow -0.410.640.11-0.100.63-0.03-0.720.48-0.761.45
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)14.439.672.6821.1527.0419.0712.1627.7617.839.5
ROCE (%)14.0411.8210.7722.0130.6922.1615.053120.3212.54
Asset Turnover Ratio2.41.981.872.032.021.871.661.631.781.62
PAT to CFO Conversion(x)2.75.0712.351.610.721.88-0.410.590.41.13
Working Capital Days
Receivable Days10152022262733282630
Inventory Days56545663748092958393
Payable Days910109142533514019

Hisar Spinning Mills Ltd Stock News

Hisar Spinning Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Hisar Spinning Mills on 11-Dec-2024 16:59 is ₹69.23.
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 11-Dec-2024 16:59 the market cap of Hisar Spinning Mills stood at ₹25.86.
The latest P/E ratio of Hisar Spinning Mills as of 11-Dec-2024 16:59 is 13.34.
The latest P/B ratio of Hisar Spinning Mills as of 11-Dec-2024 16:59 is 1.13.
The 52-week high of Hisar Spinning Mills is ₹84.00 and the 52-week low is ₹40.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hisar Spinning Mills is ₹41.89 ( Cr.) .

About Hisar Spinning Mills Ltd

Hisar Spinning Mills (HSML) was incorporated as a public limited company on April 10, 1992 with its registered office at village & P.O. Dabra, Hisar and obtained the certificate of commencement of business on 8th July 1992 from the Registrar of Companies, Delhi and Haryana at New Delhi.

The company has to installed three Open End machines with double sided frame with 224 Rotors each, totaling 672 rotors along with Ring Doublers for the manufacture of cotton yarn with an installed capacity of 2200 MT.

Hisar Spinning Mills has been promoted by Shamsher Singh Dabra, Ram Kumar Garg, Ajay Goel and Yoginder Mohan  Jindal. In 2007, Hisar Spinning Mills had appointed Gopal Krishan Gupta as Managing Director & Anurag Gupta as Executive Director with effect from February 1, 2007.

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