Hindusthan National Glass & Industries
Hindusthan National Glass & Industries
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Key Insights
Weaknesses
4- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.49% over past five years.
- Contingent liabilities of Rs.61.8 Cr.
- Promoters have pledged 96.5% of their holding.
Growth Rate
Quarterly Results
| Particulars | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 634 | 572 | 589 | 661 | 701 | 612 | 617 | 622 | 554 | 434 | 417 | 412 | 412 |
| Expenses | 741 | 647 | 575 | 607 | 610 | 534 | 558 | 560 | 494 | 409 | 411 | 407 | 399 |
| Operating Profit | -107 | -74.7 | 14.21 | 54.45 | 90.91 | 78.21 | 59.6 | 61.53 | 59.86 | 25.52 | 6.57 | 5.34 | 12.83 |
| OPM % | -16.9% | -13.05% | 2.41% | 8.23% | 12.97% | 12.78% | 9.65% | 9.89% | 10.81% | 5.87% | 1.57% | 1.3% | 3.12% |
| Other Income | 2.8 | 3.85 | 4.41 | 2.91 | 22.2 | 9.59 | 8.33 | -75.46 | 6.35 | 6.22 | 5.77 | -12.22 | 8.24 |
| Interest | 2.89 | 7.83 | 1.68 | 14.94 | 2.72 | 0.04 | 0.62 | 0.97 | 0.61 | 0.7 | 0.03 | 0.23 | 0.44 |
| Depreciation | 30.17 | 28.29 | 24.58 | 23.27 | 23.22 | 22.71 | 22.63 | 19.52 | 19.33 | 19.16 | 19.24 | 18.79 | 18.65 |
| PBT | -137 | -107 | -7.64 | 19.15 | 87.17 | 65.05 | 44.68 | -34.42 | 46.27 | 11.88 | -6.93 | -25.9 | 1.98 |
| Tax % | 0% | 0% | 0% | 2.25% | 0.13% | 0.17% | 0.25% | -3.52% | -0.48% | -1.85% | -3.17% | 0.12% | -8.08% |
| Net Profit | -137 | -107 | -7.64 | 18.73 | 87.07 | 64.95 | 44.58 | -33.21 | 46.49 | 12.1 | -6.71 | -25.93 | 2.13 |
| EPS in Rs | -15.35 | -11.95 | -0.85 | 2.09 | 9.72 | 7.25 | 4.98 | -3.71 | 5.19 | 1.35 | -0.75 | -2.9 | 0.24 |
Profit & Loss
| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,814 | 1,998 | 1,979 | 1,854 | 1,960 | 2,392 | 2,286 | 1,899 | 2,087 | 2,457 | 2,552 | 1,817 | 1,676 |
| Expenses | 1,636 | 1,783 | 1,712 | 1,660 | 1,848 | 2,261 | 2,024 | 1,855 | 2,228 | 2,571 | 2,262 | 1,720 | 1,625 |
| Operating Profit | 178 | 214 | 267 | 193 | 113 | 131 | 263 | 44 | -141 | -113 | 290 | 97 | 50 |
| OPM % | 10% | 11% | 13% | 10% | 6% | 5% | 11% | 2.3% | -7% | -4.6% | 11% | 5% | 3% |
| Other Income | 86 | 63 | 5 | 93 | 2 | 107 | 16 | -3 | 32 | 14 | -35 | 6 | 8 |
| Interest | 257 | 259 | 255 | 238 | 252 | 253 | 233 | 210 | 120 | 27 | 4 | 2 | 1 |
| Depreciation | 247 | 254 | 199 | 175 | 161 | 159 | 148 | 134 | 119 | 106 | 88 | 77 | 76 |
| PBT | -239 | -236 | -182 | -127 | -298 | -173 | -103 | -304 | -349 | -233 | 162 | 25 | -19 |
| Tax % | -9% | 0% | 0% | 0% | -1% | 0% | 0% | 0% | 0% | 0% | -1% | -2% | — |
| Net Profit | -218 | -237 | -182 | -127 | -295 | -173 | -103 | -304 | -349 | -233 | 163 | 26 | -18 |
| EPS in Rs | -24.98 | -27.14 | -20.87 | -14.55 | -32.89 | -19.31 | -11.5 | -33.96 | -38.92 | -26.05 | 18.24 | 2.9 | -2.06 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 749 | 495 | 505 | 377 | 129 | -39 | -143 | -450 | -784 | -1,016 | -850 | -823 |
| Borrowings | 2,561 | 2,697 | 2,602 | 2,568 | 2,530 | 2,391 | 2,445 | 2,255 | 2,225 | 2,264 | 2,264 | 2,264 |
| Other Liabilities | 646 | 662 | 595 | 623 | 638 | 809 | 863 | 1,187 | 1,484 | 1,592 | 1,468 | 1,452 |
| Total Liabilities | 3,974 | 3,870 | 3,720 | 3,586 | 3,315 | 3,179 | 3,184 | 3,010 | 2,942 | 2,858 | 2,900 | 2,911 |
| Fixed Assets | 2,505 | 2,307 | 2,424 | 2,294 | 2,146 | 2,037 | 1,926 | 1,775 | 1,682 | 1,631 | 1,446 | 1,358 |
| CWIP | 146 | 121 | 75 | 100 | 125 | 110 | 87 | 86 | 83 | 24 | 29 | 30 |
| Investments | 145 | 233 | 108 | 36 | 36 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Other Assets | 1,178 | 1,210 | 1,113 | 1,155 | 1,008 | 1,030 | 1,169 | 1,148 | 1,176 | 1,201 | 1,424 | 1,521 |
| Total Assets | 3,974 | 3,870 | 3,720 | 3,586 | 3,315 | 3,179 | 3,184 | 3,010 | 2,942 | 2,858 | 2,900 | 2,911 |
Cash Flow
| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 338 | 180 | 308 | 166 | 249 | 219 | -70 | 198 | 38 | 53 | 176 | 169 |
| Investing | 118 | -75 | 52 | 96 | -43 | 96 | 14 | -14 | 1 | 3 | -1 | -18 |
| Financing | -465 | -130 | -356 | -265 | -205 | -166 | 5 | -134 | -35 | -2 | 0 | 0 |
| Net Cash Flow | -9 | -25 | 4 | -3 | 1 | 149 | -51 | 50 | 4 | 54 | 175 | 151 |
| Free Cash Flow | 273 | 164 | 232 | 93 | 204 | 200 | -75 | 181 | 37 | 53 | 169 | 157 |
| CFO/OP | 190 | 84 | 115 | 86 | 218 | 167 | -27 | 454 | -27 | -49 | 60 | 178 |
Ratios
| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 75 | 79 | 77 | 79 | 73 | 56 | 51 | 66 | 61 | 44 | 44 | 48 |
| Inventory Days | 361 | 284 | 287 | 407 | 264 | 178 | 240 | 284 | 208 | 161 | 257 | 347 |
| Days Payable | 264 | 228 | 250 | 306 | 247 | 165 | 117 | 175 | 220 | 205 | 221 | 310 |
| Cash Conversion Cycle | 173 | 135 | 115 | 179 | 90 | 70 | 175 | 175 | 48 | 1 | 79 | 85 |
| Working Capital Days | -84 | -68 | -17 | -33 | -99 | -118 | -160 | -320 | -448 | -435 | -397 | -572 |
| ROCE % | -2% | -1% | 2% | 1% | -2% | 0% | 6% | -4% | -14% | -15% | 20% | 3% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
Frequently Asked Questions about Hindusthan National Glass & Industries
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Company Information
Incorporated in 1946, Hindusthan National Glass & Industries Ltd does manufacturing of container glasses[1]
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