Financials Hardcastle and Waud Manufacturing Company Limited

Equities

HARDCAS6

INE722D01015

Diversified Chemicals

Market Closed - Bombay S.E. 06:00:54 2024-05-23 am EDT 5-day change 1st Jan Change
776.1 INR -0.46% Intraday chart for Hardcastle and Waud Manufacturing Company Limited +6.48% +63.73%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 231 183.4 100.6 118.8 176.7 231.3
Enterprise Value (EV) 1 224.4 182.5 87.63 86.02 142.8 139.1
P/E ratio 21.2 x 153 x 11.2 x 1,287 x 13.9 x 21.1 x
Yield - - - - - -
Capitalization / Revenue 5.47 x 6.34 x 2.85 x 3.72 x 4.24 x 5.9 x
EV / Revenue 5.32 x 6.31 x 2.48 x 2.69 x 3.43 x 3.55 x
EV / EBITDA 14.2 x 48.8 x 5.9 x 9.49 x 6.38 x 7.86 x
EV / FCF 22.9 x -27.1 x -142 x 48.2 x -1.76 x 2.68 x
FCF Yield 4.37% -3.69% -0.71% 2.07% -56.8% 37.3%
Price to Book 0.63 x 0.5 x 0.29 x 0.34 x 0.44 x 0.55 x
Nbr of stocks (in thousands) 679 679 679 679 679 679
Reference price 2 340.0 269.9 148.0 174.9 260.0 340.4
Announcement Date 8/29/18 8/29/19 8/24/20 8/30/21 9/3/22 8/31/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 42.21 28.92 35.3 31.96 41.69 39.17
EBITDA 1 15.76 3.739 14.86 9.065 22.38 17.7
EBIT 1 11.83 -0.0349 10.82 4.324 16.51 11.25
Operating Margin 28.03% -0.12% 30.64% 13.53% 39.61% 28.73%
Earnings before Tax (EBT) 1 13.03 1.873 12.36 5.633 18.47 13.05
Net income 1 10.91 1.198 9.013 0.0923 12.72 10.96
Net margin 25.85% 4.14% 25.53% 0.29% 30.51% 27.98%
EPS 2 16.06 1.760 13.26 0.1359 18.72 16.13
Free Cash Flow 1 9.804 -6.729 -0.6185 1.783 -81.07 51.91
FCF margin 23.22% -23.27% -1.75% 5.58% -194.49% 132.52%
FCF Conversion (EBITDA) 62.19% - - 19.67% - 293.22%
FCF Conversion (Net income) 89.84% - - 1,931.09% - 473.59%
Dividend per Share - - - - - -
Announcement Date 8/29/18 8/29/19 8/24/20 8/30/21 9/3/22 8/31/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 6.58 0.89 12.9 32.8 33.9 92.1
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 9.8 -6.73 -0.62 1.78 -81.1 51.9
ROE (net income / shareholders' equity) 3.01% 0.33% 2.51% 0.03% 3.39% 2.67%
ROA (Net income/ Total Assets) 1.91% -0.01% 1.75% 0.72% 2.55% 1.62%
Assets 1 570.5 -21,788 514.5 12.83 499.1 676.6
Book Value Per Share 2 541.0 542.0 517.0 514.0 592.0 615.0
Cash Flow per Share 2 4.850 4.990 1.780 2.480 2.830 4.440
Capex 1 1.05 13.1 6.03 8.55 8.32 10.7
Capex / Sales 2.5% 45.24% 17.09% 26.74% 19.95% 27.28%
Announcement Date 8/29/18 8/29/19 8/24/20 8/30/21 9/3/22 8/31/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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