Hind Rectifiers

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE835D01023
  • NSEID: HIRECT
  • BSEID: 504036
INR
1,475.00
16.35 (1.12%)
BSENSE

Mar 17

BSE+NSE Vol: 25.2 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
John Cockerill
WPIL
Kilburn Engg.
Hind Rectifiers
Pitti Engg.
Marine Electric.
The Anup Enginee
Standard Enginee
Texmaco Rail
Cyient DLM
Shanthi Gears

Why is Hind Rectifiers Ltd ?

1
With ROCE of 20.9, it has a Very Expensive valuation with a 7.3 Enterprise value to Capital Employed
  • 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 78.14%, its profits have risen by 62.8% ; the PEG ratio of the company is 0.8
2
Despite the size of the company, domestic mutual funds hold only 0% 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
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. 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 Industrial Manufacturing)

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

Is Hind Rectifiers for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Hind Rectifiers
78.14%
1.39
56.09%
Sensex
2.56%
0.21
12.34%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
23.13%
EBIT Growth (5y)
37.44%
EBIT to Interest (avg)
4.71
Debt to EBITDA (avg)
4.54
Net Debt to Equity (avg)
0.96
Sales to Capital Employed (avg)
1.92
Tax Ratio
25.18%
Dividend Payout Ratio
9.21%
Pledged Shares
6.81%
Institutional Holding
6.34%
ROCE (avg)
12.02%
ROE (avg)
24.97%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
49
Industry P/E
42
Price to Book Value
13.33
EV to EBIT
32.59
EV to EBITDA
28.43
EV to Capital Employed
7.30
EV to Sales
3.00
PEG Ratio
0.79
Dividend Yield
0.14%
ROCE (Latest)
20.90%
ROE (Latest)
24.97%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

24What is working for the Company
PAT(9M)

At Rs 41.25 cr has Grown at 52.05%

ROCE(HY)

Highest at 19.88%

NET SALES(9M)

Higher at Rs 719.31 cr

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 8.22 cr

PBT LESS OI(Q)

At Rs 16.39 cr has Grown at 26.47%

-4What is not working for the Company
DEBT-EQUITY RATIO(HY)

Highest at 1.09 times

INTEREST(Q)

Highest at Rs 4.71 cr

Loading Valuation Snapshot...

Here's what is working for Hind Rectifiers

Net Sales - Quarterly
Highest at Rs 277.39 cr and Grown
each quarter in the last five quarters
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Net Sales - Quarterly
At Rs 277.39 cr has Grown at 64.19%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 16.39 cr has Grown at 26.47%
Year on Year (YoY)
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 13.76 cr has Grown at 37.5%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Cash and Cash Equivalents - Half Yearly
Highest at Rs 8.22 cr
in the last six half yearly periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for Hind Rectifiers

Interest - Quarterly
At Rs 4.71 cr has Grown at 32.30%
Quarter on Quarter (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Interest - Quarterly
Highest at Rs 4.71 cr
in the last five quarters and Increased by 32.30 % (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Debt-Equity Ratio - Half Yearly
Highest at 1.09 times
in the last five half yearly periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio