Hariom Pipe Industries Ltd (HARIOMPIPE) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Manaksia Coated

Mahamaya Steel

Bharat Wire

Rhetan TMT Ltd

Hariom Pipe

Aeroflex Enter.

Steel Exchange

Rama Steel Tubes

Electrotherm(I)

Scoda Tubes

Cosmic CRF

Why is Hariom Pipe Industries Ltd ?

PAT(Q) At Rs 10.41 cr has Fallen at -38.6% (vs previous 4Q average)
OPERATING PROFIT TO INTEREST (Q) Lowest at 3.22 times
NET SALES(Q) At Rs 335.87 cr has Fallen at -8.9% (vs previous 4Q average)

Despite the size of the company, domestic mutual funds hold only 0.18% of the company

Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business

Below par performance in long term as well as near term

Along with generating -37.72% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Hariom Pipe for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Hariom Pipe

-37.83%

-0.74

51.19%

Sensex

4.83%

0.41

11.83%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

44.20%

EBIT Growth (5y)

34.06%

EBIT to Interest (avg)

4.42

Debt to EBITDA (avg)

2.58

Net Debt to Equity (avg)

0.68

Sales to Capital Employed (avg)

1.39

Tax Ratio

26.78%

Dividend Payout Ratio

3.05%

Pledged Shares

Institutional Holding

9.68%

ROCE (avg)

14.57%

ROE (avg)

12.72%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.81

EV to EBIT

11.41

EV to EBITDA

8.00

EV to Capital Employed

1.48

EV to Sales

1.01

PEG Ratio

3.97

Dividend Yield

ROCE (Latest)

13.00%

ROE (Latest)

10.33%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

No Trend

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

4What is working for the Company

NET SALES(Latest six months)

At Rs 796.83 cr has Grown at 21.20%

-11What is not working for the Company

PAT(Q)

At Rs 10.41 cr has Fallen at -38.6% (vs previous 4Q average

OPERATING PROFIT TO INTEREST (Q)

Lowest at 3.22 times

NET SALES(Q)

At Rs 335.87 cr has Fallen at -8.9% (vs previous 4Q average

PBT LESS OI(Q)

Lowest at Rs 13.39 cr.

EPS(Q)

Lowest at Rs 3.36

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Here's what is not working for Hariom Pipe

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 13.39 cr has Fallen at -40.0% (vs previous 4Q average)

over average PBT of the previous four quarters of Rs 22.34 Cr

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 10.41 cr has Fallen at -38.6% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs 16.96 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Operating Profit to Interest - Quarterly

Lowest at 3.22 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Net Sales - Quarterly

At Rs 335.87 cr has Fallen at -8.9% (vs previous 4Q average)

over average Net Sales of the previous four quarters of Rs 368.71 Cr

MOJO Watch

Near term sales trend is negative

Net Sales (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly

Lowest at Rs 13.39 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly

Lowest at Rs 3.36

in the last five quarters

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (Rs)