Why is Honda India Power Products Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of -3.81% and Operating profit at -5.02% over the last 5 years
2
Flat results in Jun 26
- NON-OPERATING INCOME(Q) is 49.14 % of Profit Before Tax (PBT)
3
Below par performance in long term as well as near term
- Along with generating -27.46% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
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 Industrial Manufacturing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Honda India for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Honda India
-27.57%
-1.00
27.52%
Sensex
-3.2%
-0.24
13.59%
Quality key factors
Factor
Value
Sales Growth (5y)
-3.81%
EBIT Growth (5y)
-5.02%
EBIT to Interest (avg)
77.53
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.10
Sales to Capital Employed (avg)
1.38
Tax Ratio
25.16%
Dividend Payout Ratio
27.27%
Pledged Shares
0
Institutional Holding
19.25%
ROCE (avg)
22.73%
ROE (avg)
10.67%
Valuation Key Factors 
Factor
Value
P/E Ratio
29
Industry P/E
53
Price to Book Value
2.66
EV to EBIT
32.53
EV to EBITDA
23.48
EV to Capital Employed
2.84
EV to Sales
2.29
PEG Ratio
NA
Dividend Yield
5.93%
ROCE (Latest)
8.07%
ROE (Latest)
9.10%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
4What is working for the Company
PBT LESS OI(Q)
At Rs 7.68 cr has Grown at 167.60%
NET SALES(Q)
At Rs 189.25 cr has Grown at 22.17%
-1What is not working for the Company
NON-OPERATING INCOME(Q)
is 49.14 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Honda India
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 7.68 cr has Grown at 167.60%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
At Rs 189.25 cr has Grown at 22.17%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Honda India
Non Operating Income - Quarterly
is 49.14 % 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






