ScoreWhy is Hind Rectifiers Ltd ?
1
With ROCE of 20, it has a Expensive valuation with a 5.8 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 6.15%, its profits have risen by 55.2% ; 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
Real-Time Research ReportHow 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 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, Medium Return
Absolute
Risk Adjusted
Volatility
Hind Rectifiers
6.67%
0.10
55.84%
Sensex
7.2%
0.61
11.21%
Quality
Management Risk
Growth
Capital StructureQuality 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
6.34%
ROCE (avg)
12.02%
ROE (avg)
13.59%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
44
Industry P/E
49
Price to Book Value
10.89
EV to EBIT
29.19
EV to EBITDA
25.90
EV to Capital Employed
5.83
EV to Sales
2.86
PEG Ratio
0.79
Dividend Yield
0.17%
ROCE (Latest)
19.98%
ROE (Latest)
25.04%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend37What 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 yearsMOJO 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 quartersMOJO 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 quartersMOJO 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 quartersMOJO 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 quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 11.40%
in the last five quartersMOJO 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 quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 8.56
in the last five quartersMOJO 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 periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Dividend per Share (DPS) - Annually
Highest at Rs 2.00
in the last five yearsMOJO 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 periodMOJO 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 periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
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