HINDUSTAN AERONAUTICS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4,730 INR | +4.39% |
|
+20.62% | +68.71% |
| May. 17 | Transcript : Hindustan Aeronautics Limited, Q4 2024 Earnings Call, May 17, 2024 | |
| May. 17 | Hindustan Aeronautics Records Growth in Fiscal Q4 Consolidated Net Profit | MT |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 236,228 | 173,982 | 332,699 | 496,532 | 913,246 | 3,030,688 | - | - |
| Enterprise Value (EV) 1 | 236,228 | 173,982 | 332,699 | 353,096 | 710,184 | 2,225,014 | 2,873,142 | 2,756,652 |
| P/E ratio | - | 6.09 x | 10.3 x | 9.76 x | 15.7 x | 29.3 x | 43.7 x | 39.5 x |
| Yield | - | 6.39% | 3.02% | 3.37% | 1.46% | 0.76% | 1.14% | 1.05% |
| Capitalization / Revenue | 1.19 x | 0.81 x | 1.46 x | 2.02 x | 3.39 x | 7.32 x | 8.8 x | 7.85 x |
| EV / Revenue | 1.19 x | 0.81 x | 1.46 x | 1.43 x | 2.64 x | 7.32 x | 8.34 x | 7.14 x |
| EV / EBITDA | - | 4.05 x | 6.22 x | 6.52 x | 10.7 x | 22.8 x | 30.4 x | 27.4 x |
| EV / FCF | - | - | 2.29 x | 3.82 x | 10.1 x | 62.5 x | 103 x | 28.1 x |
| FCF Yield | - | - | 43.6% | 26.2% | 9.93% | 1.6% | 0.97% | 3.56% |
| Price to Book | - | 1.32 x | 2.17 x | 2.58 x | 3.89 x | 11.9 x | 10.3 x | 9.16 x |
| Nbr of stocks (in thousands) | 668,775 | 668,775 | 668,775 | 668,775 | 668,775 | 668,775 | - | - |
| Reference price 2 | 353.2 | 260.2 | 497.5 | 742.4 | 1,366 | 4,532 | 4,532 | 4,532 |
| Announcement Date | 5/27/19 | 6/25/20 | 6/28/21 | 5/13/22 | 5/12/23 | 5/16/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 198,941 | 215,221 | 227,546 | 246,202 | 269,278 | 303,808 | 344,527 | 386,069 |
| EBITDA 1 | - | 42,996 | 53,469 | 54,128 | 66,630 | 97,389 | 94,418 | 100,744 |
| EBIT 1 | - | 38,967 | 41,693 | 43,030 | 48,790 | 83,325 | 77,776 | 85,397 |
| Operating Margin | - | 18.11% | 18.32% | 17.48% | 18.12% | 27.43% | 22.57% | 22.12% |
| Earnings before Tax (EBT) 1 | - | 39,606 | 42,709 | 52,312 | 64,929 | 101,990 | 94,184 | 107,197 |
| Net income 1 | - | 28,570 | 32,330 | 50,865 | 58,112 | 75,950 | 70,267 | 77,903 |
| Net margin | - | 13.27% | 14.21% | 20.66% | 21.58% | 25% | 20.4% | 20.18% |
| EPS 2 | - | 42.72 | 48.34 | 76.06 | 86.90 | 113.6 | 103.7 | 114.7 |
| Free Cash Flow 1 | - | - | 145,077 | 92,412 | 70,544 | 45,272 | 27,921 | 98,038 |
| FCF margin | - | - | 63.76% | 37.53% | 26.2% | 15.45% | 8.1% | 25.39% |
| FCF Conversion (EBITDA) | - | - | 271.33% | 170.73% | 105.87% | 61.6% | 29.57% | 97.31% |
| FCF Conversion (Net income) | - | - | 448.74% | 181.68% | 121.39% | 81.56% | 39.74% | 125.85% |
| Dividend per Share 2 | - | 16.62 | 15.00 | 25.00 | 20.00 | 34.44 | 51.54 | 47.65 |
| Announcement Date | 5/27/19 | 6/25/20 | 6/28/21 | 5/13/22 | 5/12/23 | 5/16/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 54,256 | 107,382 | 16,162 | 55,512 | 58,918 | 115,610 | 36,225 | 51,449 | 56,659 | 124,946 | 39,153 | 56,438 | 61,984 | 141,776 |
| EBITDA | 12,086 | 27,238 | 2,441 | 12,422 | 14,287 | 24,978 | 8,250 | 16,100 | 9,855 | 32,424 | - | 14,648 | 15,193 | 36,608 |
| EBIT | - | - | - | - | - | - | - | - | 7,168 | 21,871 | - | - | - | 35,020 |
| Operating Margin | - | - | - | - | - | - | - | - | 12.65% | 17.5% | - | - | - | 24.7% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | 12,117 | 28,538 | - | 16,167 | 15,435 | 30,435 |
| Net income 1 | - | - | - | - | - | - | - | 12,092 | 11,540 | 28,413 | 8,142 | 12,238 | 12,138 | 25,203 |
| Net margin | - | - | - | - | - | - | - | 23.5% | 20.37% | 22.74% | 20.79% | 21.68% | 19.58% | 17.78% |
| EPS | - | - | - | - | - | - | - | - | 17.26 | 42.48 | - | 18.00 | 19.00 | 43.00 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/12/21 | 6/28/21 | 8/13/21 | 11/11/21 | 2/10/22 | 5/13/22 | 8/12/22 | 11/11/22 | 2/9/23 | 5/12/23 | 8/11/23 | - | - | - |
1INR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | - | 143,436 | 203,062 | 201,848 | 157,546 | 274,035 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 145,077 | 92,412 | 70,544 | 45,272 | 27,921 | 98,038 |
| ROE (net income / shareholders' equity) | - | 22.6% | 22.6% | 29.4% | 27.2% | 22.3% | 25.1% | 24.8% |
| ROA (Net income/ Total Assets) | - | 5.5% | 6.15% | 9.25% | 9.27% | 6.5% | 8.04% | 8.76% |
| Assets 1 | - | 519,373 | 525,403 | 550,052 | 627,190 | 853,919 | 874,053 | 889,266 |
| Book Value Per Share 2 | - | 198.0 | 230.0 | 288.0 | 351.0 | 379.0 | 440.0 | 495.0 |
| Cash Flow per Share 2 | - | - | - | 150.0 | 132.0 | 67.90 | 50.60 | 166.0 |
| Capex 1 | - | 13,813 | 7,619 | 7,989 | 17,811 | 15,596 | 22,514 | 19,638 |
| Capex / Sales | - | 6.42% | 3.35% | 3.24% | 6.61% | 5.32% | 6.53% | 5.09% |
| Announcement Date | 5/27/19 | 6/25/20 | 6/28/21 | 5/13/22 | 5/12/23 | 5/16/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +68.71% | 36.38B | |
| +23.82% | 138B | |
| +15.15% | 81.91B | |
| +22.60% | 52.09B | |
| +39.51% | 44.43B | |
| +6.15% | 42.41B | |
| +78.40% | 24.17B | |
| +11.79% | 21.79B | |
| +40.60% | 21.78B | |
| +55.88% | 14.56B |
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