Financials High Energy Batteries (India) Limited

Equities

HIGHENE6

INE783E01023

Electrical Components & Equipment

Market Closed - Bombay S.E. 06:00:56 2024-06-20 EDT 5-day change 1st Jan Change
821.6 INR -2.01% Intraday chart for High Energy Batteries (India) Limited -3.92% +46.58%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 418.6 371.1 1,470 2,718 2,884 5,389
Enterprise Value (EV) 1 802.6 695.8 1,761 2,919 3,085 5,430
P/E ratio 96.1 x 6.62 x 8.02 x 15.1 x 14.1 x 31.4 x
Yield - - 1.22% 0.99% 1.09% 0.5%
Capitalization / Revenue 0.9 x 0.6 x 1.89 x 3.42 x 3.11 x 6.9 x
EV / Revenue 1.72 x 1.13 x 2.26 x 3.67 x 3.32 x 6.95 x
EV / EBITDA 11.1 x 4.5 x 5.85 x 9.91 x 9.17 x 20.2 x
EV / FCF 19 x 27.8 x -75.8 x 24.6 x -484 x 32.6 x
FCF Yield 5.27% 3.6% -1.32% 4.06% -0.21% 3.07%
Price to Book 2.25 x 1.56 x 3.51 x 4.88 x 3.92 x 6.14 x
Nbr of stocks (in thousands) 8,964 8,964 8,964 8,964 8,964 8,964
Reference price 2 46.70 41.40 164.0 303.2 321.8 601.2
Announcement Date 19-07-10 20-08-05 21-07-14 22-06-06 23-05-31 24-05-16
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 466.2 614.9 778.3 794.9 928.3 781.3
EBITDA 1 72.24 154.7 301 294.6 336.5 268.8
EBIT 1 59.88 143.1 289.9 283.4 324.9 259.4
Operating Margin 12.84% 23.27% 37.25% 35.65% 35% 33.2%
Earnings before Tax (EBT) 1 5.656 88.11 239.9 247.4 274.9 231.1
Net income 1 4.363 56.02 183.3 179.5 205 171.6
Net margin 0.94% 9.11% 23.55% 22.58% 22.08% 21.96%
EPS 2 0.4860 6.249 20.45 20.02 22.86 19.14
Free Cash Flow 1 42.27 25.06 -23.24 118.6 -6.372 166.4
FCF margin 9.07% 4.07% -2.99% 14.91% -0.69% 21.3%
FCF Conversion (EBITDA) 58.52% 16.2% - 40.25% - 61.93%
FCF Conversion (Net income) 968.93% 44.73% - 66.05% - 97%
Dividend per Share - - 2.000 3.000 3.500 3.000
Announcement Date 19-07-10 20-08-05 21-07-14 22-06-06 23-05-31 24-05-16
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 384 325 291 201 201 40.9
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.315 x 2.1 x 0.9666 x 0.683 x 0.5971 x 0.1523 x
Free Cash Flow 1 42.3 25.1 -23.2 119 -6.37 166
ROE (net income / shareholders' equity) 2.37% 26.4% 55.8% 36.8% 31.7% 21.3%
ROA (Net income/ Total Assets) 4.49% 11.3% 21.6% 18.5% 19.1% 14.6%
Assets 1 97.2 494.3 848.9 972.9 1,075 1,179
Book Value Per Share 2 20.80 26.50 46.80 62.10 82.00 97.80
Cash Flow per Share 2 0.6900 0.0300 6.170 4.920 0.8400 0.7500
Capex 1 1.62 4.57 9.16 5.19 108 20
Capex / Sales 0.35% 0.74% 1.18% 0.65% 11.68% 2.56%
Announcement Date 19-07-10 20-08-05 21-07-14 22-06-06 23-05-31 24-05-16
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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