amit@unlistedkraft.in
+91-9599071664
+91-9599071664
Hindusthan Engineering And Industries Ltd
DRHP Status : Not Filed
1520
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 800 | 943 | 1756 | 2754 |
| Cost of Material Consumed | 483 | 528 | 1267 | 1947 |
| Gross Margins | 39.63 | 44.01 | 27.85 | 29.3 |
| Change in Inventory | -19 | 40 | -60 | -72 |
| Employee Benefit Expenses | 113 | 118 | 140 | 144 |
| Other Expenses | 151 | 190 | 289 | 435 |
| EBITDA | 72 | 67 | 120 | 300 |
| OPM | 9 | 7.1 | 6.83 | 10.89 |
| Other Income | 29 | 28 | 27 | 42 |
| Finance Cost | 11 | 10 | 19 | 31 |
| D&A | 33 | 35 | 34 | 36 |
| EBIT | 39 | 32 | 86 | 264 |
| EBIT Margins | 4.88 | 3.39 | 4.9 | 9.59 |
| PBT | 56 | 50 | 94 | 276 |
| PBT Margins | 7 | 5.3 | 5.35 | 10.02 |
| Tax | 16 | 11 | 24 | 69 |
| PAT | 40 | 39 | 70 | 207 |
| NPM | 5 | 4.14 | 3.99 | 7.52 |
| EPS | 26.67 | 26 | 47.62 | 140.82 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 9 | 7.1 | 6.83 | 10.89 |
| Net Profit Margin | 5 | 4.14 | 3.99 | 7.52 |
| Earning Per Share (Diluted) | 26.67 | 26 | 47.62 | 140.82 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 322 | 301 | 309 | 331 |
| CWIP | 35 | 32 | 49 | 16 |
| Investments | 109 | 112 | 112 | 107 |
| Trade Receivables | 159 | 175 | 221 | 251 |
| Inventory | 284 | 246 | 370 | 697 |
| Other Assets | 603 | 644 | 745 | 820 |
| Total Assets | 1512 | 1510 | 1806 | 2222 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 15 | 15 | 14.7 | 14.7 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 1079 | 1121 | 1192 | 1384 |
| Borrowings | 173 | 147 | 284 | 410 |
| Trade Payables | 91 | 96 | 161 | 280 |
| Other Liabilities | 154 | 131 | 154.3 | 133.3 |
| Total Liabilities | 1512 | 1510 | 1806 | 2222 |
| Name | Holding |
|---|---|
| Hindusthan Consultancy And Services Limited | 41.44% |
| Promain Ltd | 9.75% |
| Other Investors | 48.81% |
The Hindusthan Group is an Indian conglomerate with over 70 years of experience across diverse high-growth sectors, including Engineering, Chemicals, Electricity, Agriculture, Renewable Energy, and Education, with a pan-India presence.
Hindusthan Engineering & Industries Ltd. (HEIL), the Group's flagship company, specialises in Rolling Stock, Railway Track Materials, Gas-based Chemicals, and Jute products. HEIL operates India's largest private-sector ISO-accredited steel foundry, supported by dedicated R&D. We are a leading manufacturer of Freight Wagons and Rolling Stock components (Bogies, Side Frames, Bolsters, Couplers, Draft Gears), supplying to Indian Railways, private parties, and global markets (e.g., Bangladesh Railways, Tanzania Railway Corporation, NTPC, Vedanta, Adani Group). We were also the first Indian company to develop anode yokes for global aluminium smelters.
Committed to continuous modernisation, HEIL consistently integrates state-of-the-art technology and pursues new products, opportunities, and markets worldwide through strategic alliances and in-house R&D.
Click here to visit the official website of Hindusthan Engineering And Industries Ltd.
Strengths:
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Extensive Industry Experience: With over six decades of operation, HEIL has established a strong market position across its diverse business segments.
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Diversified Product Portfolio: HEIL is one of India's largest wagon manufacturers, with a certified annual capacity of 8,400 wagons. Additionally, it holds a significant market share in sodium cyanide production, accounting for over 30% of the market with a capacity of 6,372 metric tons per annum. HEIL India+3Crisil
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Robust Order Book: As of September 2024, HEIL had unexecuted orders exceeding ₹3,640 crore from Indian Railways and private clients, providing revenue visibility through fiscal 2027.
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Healthy Financial Profile: The company maintains a strong net worth, with a gearing ratio of 0.3 and interest coverage of 8.0 times as of March 2024, indicating financial stability.
Weaknesses:
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Exposure to Raw Material Price Fluctuations: HEIL is susceptible to volatility in steel prices, especially for private sector orders that are typically fixed-price contracts without price variation clauses.
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Working Capital Intensity: The company's operations are working capital-intensive, necessitating efficient management to maintain liquidity.
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Employee Concerns: Some employee reviews indicate issues with quality control processes and limited career growth opportunities, suggesting areas for internal improvement.
+91-9599071664
amit@unlistedkraft.in