Financials Honda India Power Products Limited

Equities

HONDAPOWER

INE634A01018

Electrical Components & Equipment

Market Closed - Bombay S.E. 06:00:50 2024-05-03 am EDT 5-day change 1st Jan Change
2,378 INR -0.97% Intraday chart for Honda India Power Products Limited -3.77% -0.49%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 13,523 11,017 8,471 9,718 12,499 20,416
Enterprise Value (EV) 1 11,609 10,411 8,132 8,377 9,743 15,755
P/E ratio 22 x 20.3 x 12.7 x 20 x 16.8 x 24 x
Yield 0.68% 0.92% 1.5% 1.04% 1.22% 0.82%
Capitalization / Revenue 1.76 x 1.35 x 1 x 1.04 x 1.08 x 1.64 x
EV / Revenue 1.51 x 1.28 x 0.96 x 0.89 x 0.84 x 1.26 x
EV / EBITDA 11.3 x 11.6 x 8.85 x 11.2 x 9.63 x 11.7 x
EV / FCF 32.9 x -7.47 x -21.1 x 6.1 x 5.52 x 12.3 x
FCF Yield 3.04% -13.4% -4.74% 16.4% 18.1% 8.15%
Price to Book 2.85 x 2.13 x 1.49 x 1.6 x 1.87 x 2.77 x
Nbr of stocks (in thousands) 10,143 10,143 10,143 10,143 10,143 10,143
Reference price 2 1,333 1,086 835.2 958.1 1,232 2,013
Announcement Date 5/24/18 7/8/19 8/25/20 8/29/21 8/26/22 6/30/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net sales 1 7,678 8,159 8,486 9,389 11,563 12,463
EBITDA 1 1,030 895.3 919.1 749.3 1,011 1,341
EBIT 1 817.1 697.2 714.7 559.3 837 1,144
Operating Margin 10.64% 8.55% 8.42% 5.96% 7.24% 9.18%
Earnings before Tax (EBT) 1 943.4 833.1 904.3 661.4 1,001 1,154
Net income 1 614.1 541.5 665.2 486.7 745.3 850.9
Net margin 8% 6.64% 7.84% 5.18% 6.45% 6.83%
EPS 2 60.54 53.39 65.58 47.98 73.48 83.89
Free Cash Flow 1 352.7 -1,394 -385.5 1,374 1,766 1,284
FCF margin 4.59% -17.09% -4.54% 14.63% 15.27% 10.3%
FCF Conversion (EBITDA) 34.23% - - 183.36% 174.64% 95.72%
FCF Conversion (Net income) 57.43% - - 282.29% 236.97% 150.86%
Dividend per Share 2 9.000 10.00 12.50 10.00 15.00 16.50
Announcement Date 5/24/18 7/8/19 8/25/20 8/29/21 8/26/22 6/30/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,914 605 339 1,341 2,757 4,661
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 353 -1,394 -385 1,374 1,766 1,284
ROE (net income / shareholders' equity) 13.7% 10.9% 12.2% 8.28% 11.7% 12.1%
ROA (Net income/ Total Assets) 9.04% 6.96% 6.52% 4.64% 6.33% 7.98%
Assets 1 6,795 7,779 10,207 10,486 11,771 10,663
Book Value Per Share 2 468.0 510.0 562.0 597.0 660.0 726.0
Cash Flow per Share 2 20.90 17.70 34.10 79.10 120.0 113.0
Capex 1 140 182 222 140 152 282
Capex / Sales 1.82% 2.23% 2.61% 1.49% 1.31% 2.26%
Announcement Date 5/24/18 7/8/19 8/25/20 8/29/21 8/26/22 6/30/23
1INR in Million2INR
Estimates
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