HEG Ltd.

NSE: HEG BSE: 509631 SECTOR: Electrodes & Welding Equipment

2297.05
+68.8 (3.09%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 2320

Today's Low

₹ 2228.25

52 Week High

₹ 2580

52 Week Low

₹ 659

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

8865.58 Cr.

Enterprise Value

8611.52 Cr.

No. of Shares

3.86 Cr.

P/E

0

P/B

2.61

Face Value

₹ 10

Div. Yield

0.13%

Book Value (TTM)

₹  880.58

CASH

550.58 Cr.

DEBT

296.51 Cr.

Promoter Holding

59.62%

EPS (TTM)

₹  -6.56

Sales Growth

-41.54%

ROE

-0.74 %

ROCE

-0.5 %

Profit Growth

-147.4 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Ratios

Sales Growth

1 Year-41.54%
3 Year-22.98%
5 Year7.64%

Profit Growth

1 Year-147.4%
3 Year-128.6%
5 Year-206.2%

ROE%

1 Year-0.74%
3 Year37.04%
5 Year37.25%

ROCE %

1 Year-0.5%
3 Year48.57%
5 Year47.46%

Debt/Equity

0.0872

Price to Cash Flow

12.17

Interest Cover Ratio

-1.70560242076652

CFO/PAT (5 Yr. Avg.)

0.901922479382802

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2021 59.62 0
Dec 2020 59.62 0
Sep 2020 59.62 0
Jun 2020 59.62 0
Mar 2020 59.62 0
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 296.103 Cr.
  • Company is virtually debt free.
  • Company has a healthy liquidity position with current ratio of 3.2197727377183.
  • The company has a high promoter holding of 59.62%.

 Limitations

  • The company has shown a poor profit growth of -128.601100550061% for the Past 3 years.
  • The company has shown a poor revenue growth of -22.9850286334184% for the Past 3 years.
  • The company is trading at a high EV/EBITDA of 158.1672.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Net Sales 374.44 233.29 322.88 319.59 380.48
Total Expenditure 871.86 244.6 364.75 320.86 385.17
Operating Profit -497.42 -11.31 -41.87 -1.27 -4.69
Other Income 42.29 46.03 16.41 25.35 25.11
Interest 8.58 5.97 3.04 1.27 1.09
Depreciation 18.88 17.77 18.34 18.53 18.48
Exceptional Items 0 0 0 0 0
Profit Before Tax -482.59 10.98 -46.84 4.28 0.85
Tax -116.59 0.22 -12.93 -0.4 7.65
Profit After Tax -366 10.76 -33.91 4.68 -6.8
Adjusted EPS (Rs) -94.82 2.79 -8.79 1.21 -1.76

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 860.04 2750.07 6592.83 2149.02 1256.23
Total Expenditure 779.83 1051.31 1934.58 2154.85 1315.41
Operating Profit 80.22 1698.75 4658.25 -5.83 -59.18
Other Income 7.65 34.93 109.19 143.76 112.91
Interest 54.72 56.42 17.97 36.51 11.37
Depreciation 73.92 72.56 72.39 72.13 73.12
Exceptional Items 0 0 0 0 0
Profit Before Tax -40.77 1604.71 4677.08 29.29 -30.76
Tax 9.27 523.37 1626.65 -24.08 -5.46
Net Profit -50.05 1081.34 3050.43 53.37 -25.3
Adjusted EPS (Rs.) -12.52 270.61 790.36 13.83 -6.56

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 39.96 39.96 38.6 38.6 38.6
Total Reserves 831.84 1768.66 3680.4 3384.28 3360.04
Borrowings 135.64 0 0 0 0
Other N/C liabilities 66.64 125.08 132.81 110.12 105.06
Current liabilities 697.67 706.5 1217.87 816.51 644.03
Total Liabilities 1771.74 2640.2 5069.67 4349.51 4147.72
Assets
Net Block 885.04 829.65 784.84 741.28 690.8
Capital WIP 1.2 1.61 18.58 100.61 373.27
Intangible WIP 0 0 0 0 0
Investments 153.14 152.98 762.34 1142.75 705.36
Loans & Advances 29.55 41.09 65.24 301.48 279.48
Other N/C Assets 2.38 0.13 3.17 4.52 25.19
Current Assets 700.43 1614.74 3435.51 2058.88 2073.63
Total Assets 1771.74 2640.2 5069.67 4349.51 4147.72
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations -40.77 1604.71 4677.08 29.29 -30.76
Adjustment 132.84 119.51 -27.42 -30.63 0.47
Changes in Assets & Liabilities 74.68 -606.79 -1534.78 843.81 761.45
Tax Paid -9.72 -523.37 -1626.65 -103.76 -2.49
Operating Cash Flow 157.04 594.06 1488.23 738.71 728.68
Investing Cash Flow -1.35 -9.17 -675.78 -275.45 -430.29
Financing Cash Flow -152.56 -587.96 -788.47 -459.62 -309.82
Net Cash Flow 3.13 -3.08 23.99 3.64 -11.43

Corporate Actions

Investors Details

PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Promoters 59.62 59.62 59.62 59.62 59.62
bharat investments growth... 0 6.39 6.39 6.39 6.39
deepak pens & plastics pv... 0 1.22 0 0 0
giltedged industrial secu... 0 0 1.24 1.24 1.24
india texfab marketing lt... 0 0.54 0.54 0.54 0.54
investors india ltd. 0 0.09 0.09 0.09 0.09
lakshmi niwas jhunjhunwal... 0.44 0 0 0 0
lnj financial services lt... 0 3.49 3.49 3.49 3.49
m.l. finlease pvt. ltd. 0 0.9 0.9 0.9 0.9
mani devi jhunjhunwala 0.25 0 0 0 0
mekima corporation 4.49 4.49 4.49 4.49 4.49
microlight investments lt... 0 12.09 12.09 12.09 12.09
nivedan vanijya niyojan l... 0 0.17 0 0.17 0.17
norbury investments limit... 13.9 13.9 13.9 13.9 13.9
purvi vanijya niyojan ltd... 0 4.27 4.27 4.27 4.27
raghav commercial ltd. 0 3.75 3.75 3.75 3.75
ravi jhunjhunwala 0.33 1.03 1.55 1.55 1.55
riju jhunjhunwala 0.57 0.57 0.57 0.57 0.57
rishabh jhunjhunwala 0.46 0.46 0.46 0.46 0.46
rita jhunjhunwala 0.55 0.55 0.55 0.55 0.55
sandhu auto deposits ltd.... 0 1.39 0 0 0
shashi commercial co. ltd... 0 1.75 1.75 1.75 1.75
giltedged industrial secu... 0 1.24 0 0 0
rswm limited 0 0.82 0.82 0.82 0.82
bharat investments growth... 6.39 0 0 0 0
deepak pens & plastics pv... 1.22 0 0 0 0
giltedged industrial secu... 1.24 0 0 0 0
india texfab marketing lt... 0.54 0 0 0 0
investors india ltd 0.09 0 0 0 0
lnj financial services lt... 3.49 0 0 0 0
m.l. finlease pvt ltd 0.9 0 0 0 0
microlight investments lt... 12.09 0 0 0 0
nivedan vanijya niyojan l... 0.17 0 0.17 0 0
purvi vanijya niyojan ltd... 4.27 0 0 0 0
raghav commercial ltd 3.75 0 0 0 0
ravi jhunjhunwala -huf (k... 0.53 0 0 0 0
rswm ltd 0.82 0 0 0 0
sandhu auto deposits ltd 1.39 0 0 0 0
shashi commercial co. ltd... 1.75 0 0 0 0
ravi jhunjhunwala-huf (ka... 0 0.53 0 0 0
jet (india) pvt. ltd. 0 0 2.61 2.61 2.61
PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Public 21.91 21.79 25.22 26.06 23.54
iepf 0.53 0.53 0.52 0.57 0.57
PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
FII/DII 18.46 18.59 15.15 14.32 16.84
life insurance corporatio... 6.28 6.28 6.28 0 0
the new india assurance c... 1 1 1 1 1
stichting depositary apg ... 1.45 1.65 1.13 0 0
stichting depositary apg ... 1.45 1.65 1.13 0 0
life insurance coporation... 0 0 0 6.28 6.28
wellington management fun... 0 0 0 0 1.76

Company Presentations

HEG Stock Price Analysis and Quick Research Report. Is HEG an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). HEG has a PE ratio of -351.029748283753 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. HEG has ROA of -0.595473627006786 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. HEG has a Current ratio of 3.2197727377183 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. HEG has a ROE of -0.741753702142411 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. HEG has a D/E ratio of 0.0872 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. HEG has an Inventory turnover ratio of 1.58439852990513 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - HEG has reported revenue growth of -41.544254935739 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of HEG for the current financial year is -4.71113373969257 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for HEG is Rs 3 and the yield is 0.1339 %.

Brief about HEG

X