ScoreWhy is Hind Rectifiers Ltd ?
1
Healthy long term growth as Operating profit has grown by an annual rate 41.72%
- PAT(Q) At Rs -1.59 cr has Fallen at -115.9%
- INTEREST(Latest six months) At Rs 8.80 cr has Grown at 22.56%
- OPERATING PROFIT TO INTEREST (Q) Lowest at 2.06 times
2
With ROCE of 15.7, it has a Very Expensive valuation with a 8.6 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 66.14%, its profits have risen by 59.3% ; the PEG ratio of the company is 1.5
3
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
4
Consistent Returns over the last 3 years
- Along with generating 66.14% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Hind Rectifiers should be less than 10%
- 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, High Return
Absolute
Risk Adjusted
Volatility
Hind Rectifiers
66.36%
1.14
58.00%
Sensex
-10.6%
-0.78
13.06%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
25.48%
EBIT Growth (5y)
41.72%
EBIT to Interest (avg)
4.54
Debt to EBITDA (avg)
4.34
Net Debt to Equity (avg)
1.15
Sales to Capital Employed (avg)
1.96
Tax Ratio
28.42%
Dividend Payout Ratio
9.21%
Pledged Shares
6.81%
Institutional Holding
6.51%
ROCE (avg)
13.17%
ROE (avg)
21.29%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
90
Industry P/E
51
Price to Book Value
17.36
EV to EBIT
54.96
EV to EBITDA
45.91
EV to Capital Employed
8.61
EV to Sales
3.86
PEG Ratio
1.52
Dividend Yield
0.09%
ROCE (Latest)
15.67%
ROE (Latest)
19.36%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Bullish
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend14What is working for the Company
ROCE(HY)
Highest at 20.31%
NET SALES(Q)
Highest at Rs 279.82 cr
-20What is not working for the Company
PAT(Q)
At Rs -1.59 cr has Fallen at -115.9%
INTEREST(Latest six months)
At Rs 8.80 cr has Grown at 22.56%
OPERATING PROFIT TO INTEREST (Q)
Lowest at 2.06 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.18 times
PBDIT(Q)
Lowest at Rs 8.42 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 3.01%
PBT LESS OI(Q)
Lowest at Rs 0.49 cr.
NON-OPERATING INCOME(Q)
is 68.79 % of Profit Before Tax (PBT
EPS(Q)
Lowest at Rs -0.46
Loading Valuation Snapshot...
Here's what is working for Hind Rectifiers
Net Sales - Quarterly
Highest at Rs 279.82 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 279.82 cr has Grown at 51.21%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Here's what is not working for Hind Rectifiers
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 0.49 cr has Fallen at -96.42%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -1.59 cr has Fallen at -115.9%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at 2.06 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest - Latest six months
At Rs 8.80 cr has Grown at 22.56%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 8.42 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 3.01%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 0.49 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 68.79 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Earnings per Share (EPS) - Quarterly
Lowest at Rs -0.46
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Lowest at 4.18 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 1.08 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
