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HG Industries Overview

HG Industries Limited, incorporated on December 11, 1987, is a public company listed on the Bombay Stock Exchange (BSE) with a focus on manufacturing wood products. HG Industries Limited is engaged in the business of manufacturing, producing, and marketing granites and monuments, with a sole manufacturing facility that underscores its specialized focus in this niche sector.The company’s registered office is located in South West Delhi, Delhi, and it has four directors, including Shalabh Jalan and Ramesh Kumar Haritwal, who bring their ex...Read More

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HG Industries Key Financials

Market Cap ₹129 Cr.

Stock P/E -171.8

P/B -13.5

Current Price ₹278

Book Value ₹ -20.6

Face Value 5

52W High ₹0

Dividend Yield 0%

52W Low ₹ 0

HG Industries Share Price

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Volume
Price

HG Industries Quarterly Price

Show Value Show %

HG Industries Peer Comparison

HG Industries Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
Net Sales 0 0 0 0 0 0 0 0 1 12
Other Income 0 0 0 1 0 0 0 0 0 0
Total Income 0 0 0 1 0 0 0 0 1 12
Total Expenditure 0 0 0 0 0 0 0 0 2 17
Operating Profit 0 -0 -0 0 -0 -0 -0 -0 -1 -6
Interest 0 0 0 0 0 0 0 0 1 4
Depreciation 0 0 0 0 0 -0 0 0 1 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 -0 -0 0 -0 -0 -0 -0 -3 -11
Provision for Tax 0 0 0 0 -0 0 -0 -0 -1 -3
Profit After Tax 0 -0 -0 0 -0 -0 -0 -0 -2 -8
Adjustments 0 -0 0 0 0 0 0 0 -0 0
Profit After Adjustments 0 -0 -0 0 -0 -0 -0 -0 -2 -8
Adjusted Earnings Per Share 0.4 -0.4 -0.7 0.7 -0.4 -0.6 -0.4 -0.2 -4.8 -17.8

HG Industries 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 0 0 0 0 0 0 1 1 1 0 0 13
Other Income 1 1 1 1 1 1 0 0 0 1 0 0
Total Income 1 1 1 1 1 1 1 1 1 1 0 13
Total Expenditure 1 1 1 1 2 1 1 4 1 1 1 19
Operating Profit 0 0 0 0 -1 -0 0 -4 0 0 -1 -7
Interest 0 0 0 0 0 0 0 0 0 0 0 5
Depreciation 0 0 0 0 0 0 0 0 0 0 0 3
Exceptional Income / Expenses 0 0 -0 -0 0 0 0 0 0 0 0 0
Profit Before Tax 0 -0 -0 -0 -1 -0 0 -4 -0 0 -1 -14
Provision for Tax -0 -0 0 0 0 0 0 0 0 0 -0 -4
Profit After Tax 0 0 -0 -0 -1 -0 0 -4 -0 0 -1 -10
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 -0 -0 -1 -0 0 -4 -0 0 -1 -10
Adjusted Earnings Per Share 0.6 0 -0.4 -0.1 -2.2 -0.8 0 -8.5 -0 0.1 -1.6 -23.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -100% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 0% 35% 68% 42%
ROE Average -57% -19% -32% -17%
ROCE Average -2% 0% -21% -11%

HG Industries 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 10 10 9 7 6 6 6 2 2 2 1
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 104
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 0 0 0 0 0 0 0 0 0 0 25
Total Liabilities 10 10 9 7 6 6 6 2 2 2 130
Fixed Assets 3 3 2 2 2 2 1 1 1 1 1
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 1 115
Total Current Assets 7 7 7 5 4 4 4 1 1 1 13
Total Assets 10 10 9 7 6 6 6 2 2 2 130

HG Industries 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 1 0 1 0 2 0 0 0 0 0
Cash Flow from Operating Activities -1 -1 -1 1 2 -3 -0 0 0 -1 -13
Cash Flow from Investing Activities 0 1 1 1 1 1 0 -0 -0 1 -96
Cash Flow from Financing Activities 0 0 0 -2 0 0 0 0 0 -0 110
Net Cash Inflow / Outflow -0 -0 0 -0 2 -2 0 -0 -0 0 0
Closing Cash & Cash Equivalent 1 0 1 0 2 0 0 0 0 0 0

HG Industries 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) 0.57 0.01 -0.39 -0.07 -2.19 -0.8 0 -8.45 -0.02 0.06 -1.62
CEPS(Rs) 0.98 0.35 -0.08 0.25 -1.87 -0.52 0.28 -8.19 0.21 0.29 -1.62
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 16.32 16.33 15.22 15.21 13 12.2 12.19 3.74 3.73 3.69 1.98
Core EBITDA Margin(%) -2835.88 -4655.16 -3063.5 -7461.09 0 0 -16.64 -657.62 8.05 -244.73 0
EBIT Margin(%) 933.67 -757.5 -191.84 -426.78 0 0 0.11 -673.84 -1.49 16.39 0
Pre Tax Margin(%) 930.85 -757.5 -191.84 -426.78 0 0 0.11 -673.84 -1.49 15.77 0
PAT Margin (%) 1368.3 49.89 -1173.73 -426.78 0 0 0.11 -673.84 -1.49 7.42 0
Cash Profit Margin (%) 2335.56 1430.63 -242.97 1491.49 0 0 23.13 -653.24 16.84 37.11 0
ROA(%) 3.36 0.07 -2.39 -0.41 -15.2 -6.21 0.01 -101.98 -0.46 1.27 -1.14
ROE(%) 3.57 0.07 -2.47 -0.41 -15.5 -6.32 0.01 -106.13 -0.51 1.54 -57.1
ROCE(%) 2.44 -1.14 -0.4 -0.41 -15.5 -6.32 0.01 -106.13 -0.51 3.4 -1.56
Receivable days 0 0 0 0 0 0 0 0 0 0 0
Inventory Days 1650.98 1789.92 734.56 934.06 0 0 0 0 0 0 0
Payable days 1321.52 1189.32 2035.76 1458.03 0 0 0 0 0 0 0
PER(x) 29.42 1409.88 0 0 0 0 0 0 0 1723.78 0
Price/Book(x) 1.03 1.06 0.28 0 1.59 0 0 0 5.15 26.75 60.21
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 373.85 652.13 83.37 263.62 893.76 0 3.64 3.21 14.39 127.93 0
EV/Core EBITDA(x) 19.67 104.64 5.69 7.5 -8.25 -8.7 15.74 -0.49 85.47 277.64 -187.81
Net Sales Growth(%) -20.25 -41.4 35.62 -60.68 1.53 -100 0 5.42 1.8 -39.66 -100
EBIT Growth(%) 179.58 -147.54 65.65 12.53 -2919.87 63.57 100.17 0 99.78 764.77 -1599.83
PAT Growth(%) 279.09 -97.86 -3290.78 85.7 -2919.87 63.57 100.17 0 99.78 401.14 -2928.68
EPS Growth(%) 279.09 -97.86 -3290.82 81.46 -2919.87 63.57 100.16 0 99.78 401.05 -2928.15
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 119.77
Current Ratio(x) 32.49 38.64 57.35 38.64 97.81 79.54 74.58 8.3 10.2 2.32 0.54
Quick Ratio(x) 32.05 38.37 57.11 38.56 97.81 79.54 74.58 8.3 10.2 2.32 0.54
Interest Cover(x) 331.12 0 0 0 0 0 0 0 0 26.59 0
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 1.99

HG Industries Shareholding Pattern

# Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
Promoter 74.91 74.91 74.91 74.91 74.91 74.91 74.91 74.91 74.91 74.91
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.09 25.09 25.09 25.09 25.09 25.09 25.09 25.09 25.09 25.09
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

HG Industries News

HG Industries Pros & Cons

Pros

  • Stock is trading at -13.5 times its book value

Cons

  • Company has a low return on equity of -19% over the last 3 years.
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