Hind Rectifiers

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE835D01023
  • NSEID: HIRECT
  • BSEID: 504036
INR
1,484.10
31.5 (2.17%)
BSENSE

Dec 12

BSE+NSE Vol: 13.45 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Part of MojoOne Strategy
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
Hind Rectifiers
Kilburn Engg.
John Cockerill
Indian Hume Pipe
Marine Electric.
Pennar Industrie
Windsor Machines
Honda India
Jash Engineering
Standard Glass
Concord Control
Why is Hind Rectifiers Ltd ?
1
Healthy long term growth as Operating profit has grown by an annual rate 30.53%
2
With a growth in Net Profit of 44.75%, the company declared Outstanding results in Sep 25
  • The company has declared positive results for the last 12 consecutive quarters
  • OPERATING CF(Y) Highest at Rs 35.62 Cr
  • PAT(9M) At Rs 37.48 cr has Grown at 68.53%
  • ROCE(HY) Highest at 19.87%
stock-recommendationReal-Time Research Report
Verdict Report
How much should you buy?
  1. Overall Portfolio exposure to Hind Rectifiers should be less than 10%
  2. Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Hind Rectifiers for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Hind Rectifiers
-2.31%
-0.04
57.17%
Sensex
4.89%
0.41
11.85%
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)
21.82%
EBIT Growth (5y)
30.53%
EBIT to Interest (avg)
2.98
Debt to EBITDA (avg)
4.54
Net Debt to Equity (avg)
1.05
Sales to Capital Employed (avg)
1.92
Tax Ratio
27.08%
Dividend Payout Ratio
9.21%
Pledged Shares
6.81%
Institutional Holding
6.77%
ROCE (avg)
12.02%
ROE (avg)
13.59%
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
54
Industry P/E
53
Price to Book Value
13.44
EV to EBIT
35.43
EV to EBITDA
31.43
EV to Capital Employed
7.08
EV to Sales
3.47
PEG Ratio
0.98
Dividend Yield
0.13%
ROCE (Latest)
19.98%
ROE (Latest)
25.04%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
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

37What is working for the Company
OPERATING CF(Y)

Highest at Rs 35.62 Cr

PAT(9M)

At Rs 37.48 cr has Grown at 68.53%

ROCE(HY)

Highest at 19.87%

OPERATING PROFIT TO INTEREST(Q)

Highest at 7.27 times

PBT LESS OI(Q)

Highest at Rs 19.51 cr.

DPS(Y)

Highest at Rs 2.00

NET SALES(9M)

Higher at Rs 626.97 cr

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 8.22 cr

PBDIT(Q)

Highest at Rs 25.89 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 11.40%

EPS(Q)

Highest at Rs 8.56

-3What is not working for the Company
INTEREST(9M)

At Rs 11.20 cr has Grown at 22.00%

DEBT-EQUITY RATIO(HY)

Highest at 1.09 times

Loading Valuation Snapshot...
Here's what is working for Hind Rectifiers
Operating Cash Flow - Annually
Highest at Rs 35.62 Cr and Grown
each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (Rs Cr)

Net Sales - Quarterly
Highest at Rs 227.15 cr and Grown
each quarter in the last five quarters
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Operating Profit to Interest - Quarterly
Highest at 7.27 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 19.51 cr. and Grown
each quarter in the last five quarters
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 19.51 cr has Grown at 52.42%
Year on Year (YoY)
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 14.72 cr has Grown at 44.5%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly
At Rs 227.15 cr has Grown at 36.96%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 25.89 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Highest at 11.40%
in the last five quarters
MOJO Watch
Company's efficiency has improved

Operating Profit to Sales

Profit After Tax (PAT) - Quarterly
Highest at Rs 14.72 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 8.56
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

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

Dividend per Share (DPS) - Annually
Highest at Rs 2.00
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (Rs)

Here's what is not working for Hind Rectifiers
Interest - Nine Monthly
At Rs 11.20 cr has Grown at 22.00%
over preceding nine months period
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