Why is Haryana Leather Chemicals Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 5.80%
- Poor long term growth as Net Sales has grown by an annual rate of 13.03% and Operating profit at 14.30% over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.98
2
Flat results in Mar 26
- DEBTORS TURNOVER RATIO(HY) Lowest at 4.32 times
3
With ROE of 4.6, it has a Expensive valuation with a 0.7 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -10.59%, its profits have fallen by -0.5%
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 Commodity Chemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Haryana Leather for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Haryana Leather
-10.59%
-0.19
55.76%
Sensex
-10.02%
-0.77
13.06%
Quality key factors
Factor
Value
Sales Growth (5y)
13.03%
EBIT Growth (5y)
14.30%
EBIT to Interest (avg)
1.98
Debt to EBITDA (avg)
0.18
Net Debt to Equity (avg)
-0.23
Sales to Capital Employed (avg)
1.12
Tax Ratio
38.96%
Dividend Payout Ratio
21.34%
Pledged Shares
0
Institutional Holding
0.21%
ROCE (avg)
5.88%
ROE (avg)
5.80%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
13
Price to Book Value
0.70
EV to EBIT
10.70
EV to EBITDA
7.24
EV to Capital Employed
0.61
EV to Sales
0.41
PEG Ratio
NA
Dividend Yield
1.56%
ROCE (Latest)
5.73%
ROE (Latest)
4.55%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
Technical Movement
3What is working for the Company
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 11.29 cr
NET SALES(Q)
Highest at Rs 14.75 cr
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.32 times
Loading Valuation Snapshot...
Here's what is working for Haryana Leather
Net Sales - Quarterly
Highest at Rs 14.75 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 11.29 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Haryana Leather
Debtors Turnover Ratio- Half Yearly
Lowest at 4.32 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






