Hariyana Ship Breakers Ltd - Stock Valuation and Financial Performance

BSE: 526931 | NSE: | Shipping | Small Cap

Hariyana Ship Break Share Price

113.65 1.00 0.89%
as on 15-Jan'25 13:44

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Hariyana Ship Breakers stock performance -

mw4me loader
P/E Ratio (SA):
46.22
Market Cap:
69.5 Cr.
52-wk low:
79
52-wk high:
240

Is Hariyana Ship Breakers Ltd an attractive stock to invest in?

1. Is Hariyana Ship Breakers Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Hariyana Ship Breakers Ltd is a below average quality company.

2. Is Hariyana Ship Breakers Ltd undervalued or overvalued?

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

3. Is Hariyana Ship Breakers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hariyana Ship Breakers 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 Hariyana Ship Break:

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.
Hariyana Ship Breakers Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 9.1%14%14.1%11.3%7.9%-3.8%12.8%4.2%5.1%4%-
Value Creation
Index
-0.4-00.0-0.2-0.4-1.3-0.1-0.7-0.6-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 23636627515637712614816854.11492
Sales YoY Gr.-54.7%-24.7%-43.3%141.6%-66.5%17.3%13.7%-67.9%174.9%-
Adj EPS 31.433.75.5712.90.314.910.37.14.62.4
YoY Gr.-7.5%-83.6%26%84.5%-97.5%4568.8%-31.1%-31.1%-35.8%-
BVPS (₹) 158.4170.4186.1202215.2204.2220.2223.5230.2235.4236.6
Adj Net
Profit
19.420.83.44.37.90.29.26.44.42.82
Cash Flow from Ops. 11249.7-46.71.9-42.4-13.933.8-2.7-48.40.2-
Debt/CF from Ops. 0.10.1-0.21.9-0.2-0.50-1.4-0.596-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -5%-17%0.1%174.9%
Adj EPS -19.3%-18.8%-32.7%-35.8%
BVPS4.5%1.8%2.3%2.2%
Share Price 6.8% 19.2% 2.4% -2.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
21.220.43.13.66.20.274.63.121
Op. Profit
Mgn %
-2.33.2-3.7-2.8-1.2-9.822.91.8-2.2-24.9
Net Profit
Mgn %
8.25.71.22.82.10.26.23.88.11.997.1
Debt to
Equity
0.10.10.100.10.1000.20.10
Working Cap
Days
366164191521209222160134470163105
Cash Conv.
Cycle
37-84-90112-13911-8-176-175-4-387

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 1.00%

Sales growth has been subdued in last 3 years 0.09%

Net Profit has been subdued in last 3 years -32.67%

Sales growth is not so good in last 4 quarters at -98.25%

Latest Financials - Hariyana Ship Breakers Ltd.

Standalone Consolidated
TTM EPS (₹) 2.4 2.4
TTM Sales (₹ Cr.) 1.6 1.6
BVPS (₹.) 236.6 236.6
Reserves (₹ Cr.) 140 140
P/BV 0.48 0.48
PE 46.22 46.31
From the Market
52 Week Low / High (₹) 79.00 / 239.95
All Time Low / High (₹) 0.65 / 239.95
Market Cap (₹ Cr.) 69.5
Equity (₹ Cr.) 6.2
Face Value (₹) 10
Industry PE 7.7

Management X-Ray of Hariyana Ship Break:

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 Hariyana Ship Break

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
Sales236.34365.70275.45156.14377.30126.31148.21168.4954.07148.63
Operating Expenses 249.34373.08286.52162.44387.06148.69148.11169.8453.37151.84
Manufacturing Costs2.400.3121.392.161.601.251.641.071.10
Material Costs230.65349.90280.05148.77367.73133.31140.77157.8249.71147.16
Employee Cost 1.400.321.281.762.372.471.942.410.881.77
Other Costs 14.8922.553.1910.5214.8011.324.157.971.711.81
Operating Profit -13-7.39-11.07-6.29-9.76-22.380.11-1.350.70-3.21
Operating Profit Margin (%) -5.5%-2.0%-4.0%-4.0%-2.6%-17.7%0.1%-0.8%1.3%-2.2%
Other Income 33.6624.5233.2920.9020.8017.7717.838.117.9910.82
Interest 3.827.197.873.910.781.311.771.582.212.48
Depreciation 2.492.092.020.450.500.560.690.870.811.17
Exceptional Items 00-3.620000000
Profit Before Tax 14.357.858.7110.259.76-6.4915.484.315.673.96
Tax 0.210.43-0.660.441.610.365.612.301.480.73
Profit After Tax 14.147.439.379.818.14-6.859.882.014.183.23
PAT Margin (%) 6.0%2.0%3.4%6.3%2.2%-5.4%6.7%1.2%7.7%2.2%
Adjusted EPS (₹)22.912.015.215.913.2-11.116.03.36.85.2
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 98.16105.53114.76124.58132.73125.90135.77137.81141.98145.15
Share Capital 6.176.176.176.176.176.176.176.176.176.17
Reserves 9299.36108.60118.41126.56119.73129.60131.64135.81138.98
Minority Interest0000000000
Debt5.976.758.523.436.477.150.543.5822.9714.78
Long Term Debt5.976.456.980000.540.410.250.11
Short Term Debt00.301.553.436.477.1503.1722.7214.67
Trade Payables113.89135.9890.49307.8383.3424.78111.7548.4393.620
Others Liabilities 4.214.075.5532.7642.327.1622.495.704.693.48
Total Liabilities 222.24252.33219.33468.60264.85164.99270.54195.51263.26163.40

Fixed Assets

Gross Block32.4032.326.186.727.5110.0812.1714.9814.8515.96
Accumulated Depreciation15.0517.170.360.681.051.552.065.135.776.40
Net Fixed Assets17.3515.155.826.046.458.5310.129.869.089.56
CWIP 000.110.090.701.551.752.082.080
Investments 30.8976.9972.18109.65133.28124.36114.26116.59123.80133.55
Inventories10.953.6318.63269.7293.3511.9079.457.2384.991.76
Trade Receivables38.4834.7122.490.170.090.891.650.410.700
Cash Equivalents 4.941.090.4444.590.650.4842.2341.0610.570.85
Others Assets119.63120.7799.6538.3430.3417.2821.0818.2932.0417.69
Total Assets 222.24252.33219.33468.60264.85164.99270.54195.51263.26163.40

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 112.0549.74-46.741.85-42.39-13.9433.84-2.73-48.380.16
PBT 14.357.858.7110.259.77-6.4615.484.315.673.96
Adjustment 6.309.28-7.75-9.73-13.40-7.10-8.59-0.78-4.75-6.38
Changes in Working Capital 93.2732.61-46.621.84-37.2-0.2632.46-3.9-46.824.25
Tax Paid -1.870-1.08-0.52-1.56-0.11-5.51-2.36-2.48-1.67
Cash Flow From Investing Activity -13.35-47.2052.1951.30-3.8114.4016.300.090.700.64
Capex 4.140.044.48-0.51-1.45-3.42-2.40-0.870.040.75
Net Investments -17.49-46.107.57-25.60-21.328.844.88-7.05-7.14-8.29
Others 0-1.1440.1477.4118.968.9813.838.017.808.18
Cash Flow From Financing Activity -96.70-6.40-6.10-9-0.78-1.31-1.231.477.68-10.09
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0.450.480.52-6.98000.54-0.12-0.16-0.14
Interest Paid -3.82-7.19-7.87-3.91-0.78-1.31-1.77-1.58-2.21-2.33
Dividend Paid 0000000000
Others -93.330.301.251.890003.1810.06-7.62
Net Cash Flow 2-3.85-0.6544.15-46.98-0.8548.91-1.17-40-9.29
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)15.617.338.528.26.33-5.297.551.472.992.25
ROCE (%)9.1213.9614.111.277.89-3.812.84.245.143.96
Asset Turnover Ratio0.841.541.210.461.030.590.680.720.240.7
PAT to CFO Conversion(x)7.926.69-4.990.19-5.21N/A3.43-1.36-11.570.05
Working Capital Days
Receivable Days58363726013240
Inventory Days9671433517615211294311107
Payable Days123130148489194148177185521116

Hariyana Ship Breakers Ltd Stock News

Hariyana Ship Breakers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Hariyana Ship Break on 15-Jan-2025 13:44 is ₹113.7.
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 15-Jan-2025 13:44 the market cap of Hariyana Ship Break stood at ₹69.47.
The latest P/E ratio of Hariyana Ship Break as of 15-Jan-2025 13:44 is 46.22.
The latest P/B ratio of Hariyana Ship Break as of 15-Jan-2025 13:44 is 0.48.
The 52-week high of Hariyana Ship Break is ₹239.9 and the 52-week low is ₹79.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hariyana Ship Break is ₹1.55 ( Cr.) .

About Hariyana Ship Breakers Ltd

Hariyana Ship Breakers Ltd. a Hariyana Group company was established in 1981, it started commercial operations in 1981. The company is ISO 9001-2000, 14001:2004 & OHSAS 18001:2007 certified.

The company has already started one sponge iron plant. Further plan for power & steel plant at hassan with installed capacity of 1.00 lac ton per annum this division of hariyana ship breakers ltd. is in the name of hariyana steel & power. The company has already completed 1st phase of sponge iron plant & 2nd phase work is in progress.

The company is listed in the recognized stock exchange in India i.e. Bombay Stock Exchange (BSE). The company has imported one of the largest ship “pacific blue” of 57000 m.t. (2001-02).

The company has partnered with following partnership firm:

  • Whitefield projects- established & commercial operation started in 2007. This is a partnership firm at bangalore engaged in construction activities. The group has purchased 65340 sq.ft. of land for residential & commercial purpose for amount of Rs.521 lakh. The company is partner with Rajendra Agarwal of Singhal Granites Pvt.ltd. ,who is one of the leading granite dealers in Bangalore & Rampurshottam Goyal of Goyal & Co.Construction Pvt ltd. who is a renowned builder in Ahmedabad
  • Raj Associates- established in 2008. This is a partnership firm at mumbai engaged in construction of building & real estate activities.
  • Swastik developers- established & commercial operation started in 2007. This is a partnership firm at goa engaged in construction of building & real estate activities. The group has purchased 264125 sq.mt of land for residential & commercial purpose for amount of Rs.475 lakh.

Business activities of the company:

The company's principal activity is to ship breaking, trading, manufacturing of sponge iron and also financing activities. It operates in three segments namely Trading, Steel and power & financing.

Achievements/ recognition:

  • ISO 9001-2000, 1400:2004 & OHSAS 18001:2007 certified
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