Nifty
Sensex
:
:
22147.00
73088.33
151.15 (0.69%)
599.34 (0.83%)

Electrodes & Welding Equipment

Rating :
62/99

BSE: 509631 | NSE: HEG

2459.80
19-Apr-2024
  • Open
  • High
  • Low
  • Previous Close
  •  2437.95
  •  2495.00
  •  2395.00
  •  2459.10
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  629501
  •  15418.27
  •  2556.10
  •  1060.00

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 9,491.41
  • 25.08
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 9,663.12
  • 1.73%
  • 2.16

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 55.78%
  • 3.27%
  • 18.15%
  • FII
  • DII
  • Others
  • 6.86%
  • 9.63%
  • 6.31%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.34
  • -17.85
  • 25.23

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.66
  • -33.23
  • -

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 19.91
  • -29.47
  • -

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.80
  • 7.16
  • 12.18

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.64
  • 1.37
  • 1.54

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 20.89
  • 13.79
  • 24.64

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 23
Dec 22
Var%
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Net Sales
562.40
530.27
6.06%
614.17
598.14
2.68%
671.43
721.95
-7.00%
616.88
673.06
-8.35%
Expenses
475.76
398.15
19.49%
512.32
419.35
22.17%
520.27
537.93
-3.28%
493.42
516.17
-4.41%
EBITDA
86.64
132.12
-34.42%
101.85
178.79
-43.03%
151.16
184.02
-17.86%
123.46
156.89
-21.31%
EBIDTM
15.41%
24.92%
16.58%
29.89%
22.51%
25.49%
20.01%
23.31%
Other Income
23.22
36.89
-37.06%
28.02
19.57
43.18%
26.12
21.33
22.46%
31.35
17.40
80.17%
Interest
9.73
7.77
25.23%
8.53
6.88
23.98%
8.85
4.03
119.60%
7.33
1.00
633.00%
Depreciation
47.39
24.99
89.64%
38.48
23.17
66.08%
38.34
21.00
82.57%
33.14
21.39
54.93%
PBT
52.74
136.25
-61.29%
82.86
168.31
-50.77%
130.09
180.32
-27.86%
114.34
151.90
-24.73%
Tax
15.75
34.37
-54.18%
21.70
38.42
-43.52%
32.79
46.76
-29.88%
25.45
38.65
-34.15%
PAT
36.99
101.88
-63.69%
61.16
129.89
-52.91%
97.30
133.56
-27.15%
88.89
113.25
-21.51%
PATM
6.58%
19.21%
9.96%
21.72%
14.49%
18.50%
14.41%
16.83%
EPS
11.31
27.12
-58.30%
24.87
43.76
-43.17%
36.04
41.19
-12.50%
25.83
33.49
-22.87%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
2,464.88
2,467.24
2,201.61
1,256.23
2,149.02
6,592.83
2,750.07
860.04
869.50
1,233.07
1,466.81
Net Sales Growth
-2.32%
12.07%
75.26%
-41.54%
-67.40%
139.73%
219.76%
-1.09%
-29.48%
-15.94%
 
Cost Of Goods Sold
1,126.98
915.15
829.01
809.09
1,621.08
1,114.78
283.76
243.96
210.38
412.98
503.88
Gross Profit
1,337.90
1,552.09
1,372.60
447.14
527.95
5,478.04
2,466.31
616.08
659.12
820.09
962.94
GP Margin
54.28%
62.91%
62.35%
35.59%
24.57%
83.09%
89.68%
71.63%
75.80%
66.51%
65.65%
Total Expenditure
2,001.77
1,848.84
1,674.39
1,315.41
2,154.85
1,934.58
1,051.31
779.83
736.62
1,051.43
1,220.83
Power & Fuel Cost
-
315.90
271.11
141.85
165.83
184.00
359.26
263.23
239.85
278.12
284.75
% Of Sales
-
12.80%
12.31%
11.29%
7.72%
2.79%
13.06%
30.61%
27.58%
22.56%
19.41%
Employee Cost
-
92.05
80.00
54.53
65.60
197.57
112.44
58.78
62.58
61.07
57.19
% Of Sales
-
3.73%
3.63%
4.34%
3.05%
3.00%
4.09%
6.83%
7.20%
4.95%
3.90%
Manufacturing Exp.
-
248.89
223.95
132.05
137.45
182.59
133.61
120.47
125.26
161.77
155.65
% Of Sales
-
10.09%
10.17%
10.51%
6.40%
2.77%
4.86%
14.01%
14.41%
13.12%
10.61%
General & Admin Exp.
-
29.74
23.19
33.46
40.00
51.14
29.72
14.72
14.37
15.81
18.37
% Of Sales
-
1.21%
1.05%
2.66%
1.86%
0.78%
1.08%
1.71%
1.65%
1.28%
1.25%
Selling & Distn. Exp.
-
213.11
185.26
78.95
82.67
156.85
120.58
67.50
70.93
95.06
173.81
% Of Sales
-
8.64%
8.41%
6.28%
3.85%
2.38%
4.38%
7.85%
8.16%
7.71%
11.85%
Miscellaneous Exp.
-
34.01
61.86
65.48
42.22
47.64
11.95
11.16
13.25
26.62
173.81
% Of Sales
-
1.38%
2.81%
5.21%
1.96%
0.72%
0.43%
1.30%
1.52%
2.16%
1.85%
EBITDA
463.11
618.40
527.22
-59.18
-5.83
4,658.25
1,698.76
80.21
132.88
181.64
245.98
EBITDA Margin
18.79%
25.06%
23.95%
-4.71%
-0.27%
70.66%
61.77%
9.33%
15.28%
14.73%
16.77%
Other Income
108.71
109.14
79.55
112.91
143.76
109.19
34.93
7.65
7.69
15.16
21.77
Interest
34.44
26.01
7.49
11.37
36.51
17.97
56.42
54.72
60.31
77.13
72.30
Depreciation
157.35
102.30
79.29
73.12
72.13
72.39
72.56
73.92
79.30
75.36
72.66
PBT
380.03
599.22
520.00
-30.76
29.29
4,677.08
1,604.71
-40.77
0.96
44.31
122.80
Tax
95.69
144.96
129.41
-5.46
-24.08
1,626.65
523.37
9.27
8.51
5.32
10.83
Tax Rate
25.18%
24.19%
24.89%
17.75%
-82.21%
34.78%
32.61%
-22.74%
886.46%
12.01%
11.11%
PAT
284.34
532.41
431.04
-25.30
53.37
3,050.43
1,081.34
-50.05
-7.55
39.00
86.62
PAT before Minority Interest
284.34
532.41
431.04
-25.30
53.37
3,050.43
1,081.34
-50.05
-7.55
39.00
86.62
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
11.54%
21.58%
19.58%
-2.01%
2.48%
46.27%
39.32%
-5.82%
-0.87%
3.16%
5.91%
PAT Growth
-40.59%
23.52%
-
-
-98.25%
182.10%
-
-
-
-54.98%
 
EPS
73.66
137.93
111.67
-6.55
13.83
790.27
280.14
-12.97
-1.96
10.10
22.44

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Shareholder's Funds
4,280.94
3,913.63
3,495.07
3,511.72
3,793.69
1,907.52
952.56
995.86
1,014.02
999.94
Share Capital
38.60
38.60
38.60
38.60
38.60
39.96
39.96
39.96
39.96
39.96
Total Reserves
4,242.34
3,875.03
3,456.48
3,473.12
3,755.09
1,867.56
912.60
955.90
974.06
959.98
Non-Current Liabilities
94.93
107.22
105.06
110.12
132.81
125.08
202.28
468.02
660.92
562.76
Secured Loans
0.00
0.00
0.00
0.00
0.00
0.00
135.64
156.55
252.37
168.96
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
3.06
3.81
3.58
3.91
3.87
3.41
3.43
259.02
310.15
299.60
Current Liabilities
1,462.82
1,415.00
644.03
816.51
1,217.87
706.50
697.67
745.28
887.44
1,257.65
Trade Payables
411.95
447.89
257.31
133.81
380.07
246.44
86.49
51.72
128.93
229.85
Other Current Liabilities
143.74
162.71
79.08
78.80
146.23
121.00
198.64
171.80
157.42
312.94
Short Term Borrowings
740.91
663.40
296.51
592.62
666.36
297.45
411.84
520.00
575.92
664.41
Short Term Provisions
166.23
141.00
11.12
11.28
25.21
41.60
0.70
1.77
25.18
50.44
Total Liabilities
5,838.69
5,435.85
4,244.16
4,438.35
5,144.37
2,739.10
1,852.51
2,209.16
2,562.38
2,820.35
Net Block
1,355.50
755.17
694.01
741.27
784.84
829.65
885.04
932.43
906.54
940.57
Gross Block
2,535.35
1,842.71
1,717.19
1,713.17
1,691.37
1,673.40
1,665.86
1,645.81
1,542.07
1,503.05
Accumulated Depreciation
1,179.85
1,087.54
1,023.18
971.90
906.53
843.75
780.82
713.38
635.53
562.48
Non Current Assets
2,839.50
2,300.91
2,170.53
2,379.47
1,708.85
1,124.37
1,152.06
1,473.97
1,627.75
1,617.59
Capital Work in Progress
472.01
696.08
373.27
100.61
18.58
1.61
1.20
26.70
107.75
118.70
Non Current Investment
735.57
501.99
798.59
1,231.59
837.03
251.88
233.88
226.93
222.57
173.50
Long Term Loans & Adv.
266.27
232.34
279.48
301.48
65.24
41.09
29.55
287.91
389.09
356.76
Other Non Current Assets
2.90
107.73
25.19
4.52
3.17
0.13
2.38
0.00
1.80
28.07
Current Assets
2,999.19
3,134.94
2,073.63
2,058.88
3,435.51
1,614.74
700.45
735.19
934.63
1,202.75
Current Investments
123.69
668.86
559.10
16.53
108.24
0.00
0.55
0.47
0.25
0.25
Inventories
1,440.12
977.81
580.61
1,005.14
1,308.39
511.44
257.80
371.19
401.90
494.00
Sundry Debtors
489.14
589.17
289.42
399.41
1,186.89
972.69
360.79
318.48
405.46
523.88
Cash & Bank
690.34
601.66
550.58
437.28
557.32
7.62
8.28
5.15
4.10
12.06
Other Current Assets
255.91
61.71
51.69
173.35
274.68
122.99
73.04
39.89
122.91
172.55
Short Term Loans & Adv.
196.06
235.72
42.24
27.16
108.22
42.19
28.45
6.70
45.67
53.51
Net Current Assets
1,536.37
1,719.94
1,429.60
1,242.37
2,217.65
908.24
2.78
-10.09
47.19
-54.90
Total Assets
5,838.69
5,435.85
4,244.16
4,438.35
5,144.36
2,739.11
1,852.51
2,209.16
2,562.38
2,820.34

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Cash From Operating Activity
113.32
-140.61
715.79
738.71
1,488.23
594.06
157.04
249.29
276.48
773.30
PBT
677.37
560.46
-23.40
29.29
4,677.08
1,604.71
-40.77
0.96
44.31
97.44
Adjustment
-26.12
-18.08
-6.89
-30.63
-27.42
119.51
132.84
146.34
143.89
161.36
Changes in Working Capital
-389.92
-554.83
748.56
843.81
-1,534.78
-606.79
74.68
110.38
93.59
525.32
Cash after chg. in Working capital
261.33
-12.46
718.27
842.47
3,114.88
1,117.43
166.76
257.68
281.80
784.13
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-148.01
-128.15
-2.49
-103.76
-1,626.65
-523.37
-9.72
-8.39
-5.32
-10.83
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-21.11
-183.36
-417.40
-275.45
-675.78
-9.17
-1.35
-28.77
-82.64
-293.80
Net Fixed Assets
-468.57
-448.33
-276.68
-103.83
-34.94
-7.95
5.45
-22.69
-28.07
-251.49
Net Investments
369.63
227.32
-101.97
-288.70
-717.60
0.71
-1.12
-3.01
-51.65
-27.43
Others
77.83
37.65
-38.75
117.08
76.76
-1.93
-5.68
-3.07
-2.92
-14.88
Cash from Financing Activity
-99.95
343.63
-309.82
-459.62
-788.47
-587.96
-152.56
-219.47
-201.80
-482.11
Net Cash Inflow / Outflow
-7.75
19.66
-11.43
3.64
23.99
-3.08
3.13
1.05
-7.96
-2.60
Opening Cash & Equivalents
41.04
21.37
32.80
29.16
5.17
8.25
5.15
4.10
12.06
14.66
Closing Cash & Equivalent
33.29
41.04
21.37
32.80
29.16
5.17
8.28
5.15
4.10
12.06

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
1109.18
1014.01
905.57
909.88
982.93
477.37
238.38
249.22
253.76
250.24
ROA
9.44%
8.91%
-0.58%
1.11%
77.39%
47.10%
-2.46%
-0.32%
1.45%
3.14%
ROE
12.99%
11.64%
-0.72%
1.46%
107.01%
75.62%
-5.14%
-0.75%
3.87%
8.91%
ROCE
14.66%
13.57%
-0.49%
1.54%
140.89%
86.49%
0.82%
3.30%
6.14%
7.77%
Fixed Asset Turnover
1.13
1.24
0.73
1.26
3.92
1.65
0.66
0.69
0.96
1.25
Receivable days
79.63
72.81
99.97
134.71
59.78
88.22
114.02
119.91
115.70
120.75
Inventory Days
178.56
129.14
230.14
196.47
50.38
50.89
105.58
128.05
111.54
118.52
Payable days
171.47
155.24
88.22
43.73
52.07
45.97
26.82
33.00
51.25
47.03
Cash Conversion Cycle
86.73
46.70
241.89
287.45
58.09
93.14
192.77
214.96
175.98
192.24
Total Debt/Equity
0.17
0.17
0.08
0.17
0.18
0.16
0.72
0.78
0.90
1.03
Interest Cover
27.04
75.85
-1.71
1.80
261.29
29.44
0.25
1.02
1.57
2.35

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.