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Hemang Resources

₹32.3 0.1 | 0.4%

Market Cap ₹43 Cr.

Stock P/E -3.4

P/B 3.3

Current Price ₹32.3

Book Value ₹ 9.9

Face Value 10

52W High ₹49.4

Dividend Yield 0%

52W Low ₹ 29.7

Hemang Resources Research see more...

Overview Inc. Year: 1993Industry: Trading

Hemang Resources Share Price

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Peer Comparison

Hemang Resources Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 0 0 13 53 69 87 11 24 5 0
Other Income 0 11 0 2 0 0 0 0 2 0
Total Income 0 11 13 55 69 87 11 25 7 0
Total Expenditure 0 11 6 33 64 84 11 36 8 1
Operating Profit -0 0 7 22 5 3 1 -12 -1 -1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 0 7 22 5 3 1 -12 -1 -1
Provision for Tax 0 0 0 9 0 0 0 0 0 0
Profit After Tax -0 0 7 13 5 3 1 -12 -1 -1
Adjustments 0 0 -0 0 0 -0 0 0 0 -0
Profit After Adjustments -0 0 7 13 5 3 1 -12 -1 -1
Adjusted Earnings Per Share -0.3 0.3 5 9.9 3.7 2.4 0.6 -8.8 -0.6 -0.8

Hemang Resources Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 262 301 628 435 250 126 37 1 0 66 205 40
Other Income 3 4 2 4 5 8 0 14 14 13 1 2
Total Income 265 305 630 439 254 134 38 15 14 79 206 43
Total Expenditure 248 292 614 426 246 142 51 21 20 50 195 56
Operating Profit 17 13 16 13 9 -8 -14 -6 -6 28 11 -13
Interest 8 10 8 11 10 9 2 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 10 3 9 2 -1 -17 -16 -6 -7 28 11 -13
Provision for Tax 3 1 3 1 -0 -5 -4 -1 -1 9 4 0
Profit After Tax 6 2 6 1 -1 -12 -12 -5 -5 20 7 -13
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 6 2 6 1 -1 -12 -12 -5 -5 20 7 -13
Adjusted Earnings Per Share 4.8 1.5 4.2 1 -0.7 -9 -9.2 -3.6 -3.8 14.8 5.6 -9.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 211% 490% 10% -2%
Operating Profit CAGR -61% 0% 0% -4%
PAT CAGR -65% 0% 0% 2%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -28% 78% 32% 16%
ROE Average 32% 1% -29% -12%
ROCE Average 42% 51% 22% 17%

Hemang Resources Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 34 36 41 42 33 22 9 5 -0 19 27
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 1 1 1 1 2 2
Other Non-Current Liabilities -0 -0 -0 -0 -1 -6 -10 -3 -5 4 7
Total Current Liabilities 101 106 191 175 121 108 91 61 56 43 34
Total Liabilities 136 141 232 218 154 124 91 63 51 68 70
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 2 2 2 1 3 3 3 11 3 3 3
Total Current Assets 134 139 230 217 151 120 88 52 48 65 67
Total Assets 136 141 232 218 154 124 91 63 51 68 70

Hemang Resources Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 6 25 5 1 0 0 0 1 5 0
Cash Flow from Operating Activities -19 35 26 19 -12 8 -16 8 10 16 -0
Cash Flow from Investing Activities -5 7 -5 3 -5 4 10 1 1 2 0
Cash Flow from Financing Activities 29 -23 -42 -26 17 -12 6 -9 -11 -22 0
Net Cash Inflow / Outflow 5 19 -20 -4 -0 -0 0 0 0 -4 -0
Closing Cash & Cash Equivalent 6 25 5 1 0 0 0 1 1 1 0

Hemang Resources Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 4.76 1.45 4.24 0.98 -0.75 -8.98 -9.18 -3.65 -3.82 14.79 5.59
CEPS(Rs) 4.9 1.57 4.36 0.99 -0.74 -8.96 -9.17 -3.63 -3.81 14.8 5.6
DPS(Rs) 0.75 0.5 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 20.04 20.88 25.1 26.07 25.33 16.35 7.17 3.52 -0.3 14.49 20.08
Core EBITDA Margin(%) 5.53 3.05 2.23 2.07 1.62 -12.64 -39.01 -1461.95 0 23.73 4.87
EBIT Margin(%) 6.6 4.34 2.57 2.89 3.53 -6.15 -37.8 -445.43 -6125.93 43.24 5.41
Pre Tax Margin(%) 3.69 1.09 1.37 0.41 -0.59 -13.67 -44.17 -463.37 -6595.56 42.84 5.35
PAT Margin (%) 2.46 0.69 0.92 0.3 -0.4 -9.42 -32.72 -357.36 -5086.48 29.65 3.6
Cash Profit Margin (%) 2.47 0.69 0.92 0.3 -0.39 -9.41 -32.67 -355.98 -5071.04 29.67 3.61
ROA(%) 5.77 1.5 3.08 0.57 -0.53 -8.52 -11.28 -6.25 -8.85 32.84 10.72
ROE(%) 27 7.69 18.96 3.83 -2.91 -43.08 -78.11 -68.25 -237.16 208.43 32.36
ROCE(%) 18.39 12.35 19.37 20.7 14.39 -12.51 -26.78 -13.68 -20.78 130.26 42.35
Receivable days 71.37 98.29 71.38 136.06 179.92 224.59 562.74 0 0 167.62 68.55
Inventory Days 36.34 29.49 15.81 22.96 34.32 71.33 206.5 4069.89 0 85 31.47
Payable days 18.5 27.44 55.09 137.13 178.87 192.99 499.34 0 5204.21 242.91 55.93
PER(x) 3.14 5.75 2.88 8.95 0 0 0 0 0 1.78 8.23
Price/Book(x) 0.75 0.4 0.49 0.34 0.36 0 1.1 0 -20.19 1.82 2.29
Dividend Yield(%) 5.02 5.99 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.34 0.17 0.05 0.04 0.11 0.25 1.27 30.82 259.82 0.56 0.31
EV/Core EBITDA(x) 5.21 3.82 2.14 1.26 3.15 -4.04 -3.37 -6.94 -4.25 1.3 5.69
Net Sales Growth(%) 76.95 14.72 108.63 -30.68 -42.64 -49.62 -70.54 -96.36 -92.64 0 211.49
EBIT Growth(%) 55.29 -24.5 23.36 -22.07 -29.98 -187.88 -81.08 57.16 -1.2 568.92 -61
PAT Growth(%) 110.72 -67.79 177 -77.54 -176.47 -1099.4 -2.3 60.3 -4.73 487.27 -62.17
EPS Growth(%) 116.83 -69.51 191.77 -76.9 -176.47 -1099.38 -2.3 60.3 -4.73 487.27 -62.17
Debt/Equity(x) 2.3 1.75 0.67 0.25 1.08 1.51 4.34 7.02 -54.66 0.18 0.13
Current Ratio(x) 1.32 1.32 1.21 1.24 1.24 1.12 0.96 0.85 0.86 1.52 1.98
Quick Ratio(x) 1.08 1.09 1.05 1.1 1.06 0.87 0.79 0.61 0.63 1.11 1.46
Interest Cover(x) 2.27 1.34 2.13 1.17 0.86 -0.82 -5.93 -24.83 -13.04 106.62 84.62
Total Debt/Mcap(x) 4.02 5.66 1.71 0.9 3.01 0 3.93 0 2.71 0.1 0.06

Hemang Resources Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 63.65 63.65 63.65 63.65 63.65 63.65 63.65 63.65 63.65 67.23
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 36.35 36.35 36.35 36.35 36.35 36.35 36.35 36.35 36.35 32.77
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 242.91 to 55.93days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 1% over the last 3 years.
  • Stock is trading at 3.3 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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