Get 50% OFF This Summer!
Hindustan Motors
No Data Available
No Stocks
Unlock Smart Score
See Detailed Analysis & Insights
Unlock Insights
See Detailed Analysis & Insights
No Research Report
ROE
Avg ROE (3 Yrs) : NaN%
ROCE
Avg ROCE (3 Yrs) : NaN%
ROA
Avg ROA (3 Yrs) : NaN%
NPM
Avg NPM (3 Yrs) : NaN%
No Data Available
Unlock Management Data
See Detailed Analysis & Insights
Hindustan Motors Ltd is one of the premier automobile manufacturing companies in India. The Company is primarily engaged in manufacture and sale of Vehicles, Spare Parts of Vehicles, Steel Products and Components. It is also engaged in Trading of Spare Parts of Vehicles. The Company is the leader in the Indian Automobile Industry, creating customer delight and satisfaction through their products. They produce a range of vehicles which includes Passenger cars, RTV, Multi Utility Vehicles, the versatile Bedford trucks. They also manufacture passenger cars in the mid size premium segment which includes Mitsubishi Lancer, Lancer Select, and Lancer Cedia. They brought Sports Utility Vehicle (Mitsubishi Pajero) into the Indian market in collaboration with Mitsubishi Motors, Japan.
The Company was incorporated in year 1942 at Port Okha in Gujarat as a small assembly plant for passenger car. In the year 1948, they shifted their activities to Uttarpara in West Bengal and set up facilities for the manufacture of cars and trucks and in the year 1971, the company diversified their activities by setting up an Earthmoving Equipment Division at Tiruvallur in Tamil Nadu for the manufacture of Earthmoving equipments such as dumpers, front-end loaders and crawler tractors.
In the year 1985, the company commenced a Power Products Division at Hosur for manufacture of heavy duty transmission required for Earth moving Equipments and in the year 1986, they commenced the commercial vehicle division for the manufacture of Heavy Commercial Vehicles at Vadodara in Gujarat. In the year 1987, the company in collaboration with Isuzu Motor Company of Japan commenced their production of petrol engines and transmissions at Pithampur in Madhya Pradesh.
In the year 1996, the company modernized, upgraded and expanded their three existing divisions namely Earthmoving Equipment Division, Power Plant Division and the Uttarpara Plant. In the year 1997, they began the production of Road Trusted Vehicle and in the year 1998, they commenced Mitsubishi Lancer Car project.
During the year 1999-2000, the company entered into an agreement with Allison Transmission Division of General Motors of USA for marketing on-highway transmission. The Earthmoving Equipment Division of the company was sold to Caterpillar India Pvt Ltd, a wholly owned subsidiary of Caterpillar Inc, USA with effect form February 9, 2001.
During the year 2001-02, the company in collaboration with Mitsubishi Motors of Japan launched Mitsubishi Pajero in India. Also, they entered into an arrangement with Ford India Ltd for the supply of engines and transmission to Ford India from their Pithampur factory.
The company set up Remote Services Division at Chennai as a Software Technology Park towards the end of the financial year 2002-03. They also set up subsidiary in USA during the year 2003-04, for promoting the business and for rendering certain services in connection with the business of Remote Services Division of the company.
During the year 2003-04, the company introduced two new variants of Ambassador namely Grand and Avigo. Also they launched new version of Lancer with 1.8 Litre petrol engine as well as automatic transmission with the brand name, Lancer Invex. Power Products Division in Hosur exported transmission components Rs 4 crore to Allison Transmission Division of General Motors USA during the year.
During the year 2004-05, Power Unit Plant at Pithampur and Power Products Division at Hosur were transferred to AVTEC, a company jointly held by HM, Actis and C K Birla Group. In January 2006, they introduced a new model of premium car, manufactured under license from Mitsubishi Motors, Japan and branded as Lancer Cedia.
In A new model of 'Montero' was launched in June 2007 and an upgraded model with automatic transmission was launched in January 2008. In February 2008, upgraded Pajero was launched in the market. The Chennai Plant introduced two models of Premium Sport Utility Vehicles from Mitsubishi Motors, Japan during the year 2007-08.
In December 2008, the company in collaboration with Shandong Shifeng, a China based automotive and agri-equipment company launched their mini commercial vehicle namely HM-Shifeng Winner. Also, they are in the process of launching two more variants of the mini-truck with Chinese collaboration.
The Company's unit at Uttarpara, in addition to the car business, embarked on developing a set of auto component business namely supplying of castings, forgings and stampings to other manufacturers in the automobile and component industries during 2009. It introduced a number of new models - Outlander and new Montero from its Chennai Car Plant and a new goods carrying vehicle, Winner' from the Uttarpara Plant in 2009.
During year 2010-11, the Company sold 62,18,000 Equity Shares of Rs 10/- each of AVTEC Limited and its immovable properties at Chennai and Halol, Gujarat, aggregating a profit of Rs 96.80 crores. Consequent to sale of shares held by Company in AVTEC Limited, holding in AVTEC Limited was reduced from 49% to 24.13%. The Company launched 'Lancer EVO X', a new model in 2011.
During year 2011-12, the Company sold 30,67,000 Equity Shares of Rs 10/- each of AVTEC Limited and its immovable properties at Kolkata and Halol, Gujarat, aggregating a profit of Rs 100.56 crores. Consequent to sale of shares held by Company in AVTEC Limited, holding in AVTEC Limited was reduced from 43.33% to 31.06%. The Company launched Sports Utility Vehicle (SPV) 'Pajero Sports and a seven-seater upgraded version of Mitsubishi Outlander both from its Chennai Car Plant under license from Mitsubishi Motors Corporation, Japan in March, 2012. The Company started production of CNG driven Winner from its Pithampur Plant and a passenger carrier version was being developed.
During period 2012-13, the Company sold 29,55,000 Equity Shares of Rs 10/- each of AVTEC Limited and 33,82,857 Equity Shares of Rs 10/- each of HM Export Limited, aggregating a profit of Rs 80.01 crores. Consequent to sale of shares held by Company in AVTEC Limited, holding in AVTEC Limited was reduced from 11.82% to 0.04% and in HM Export Limited from 99.99% to 26.46%. Resultant, AVTEC Limited ceased to be an Associate of the Company with effect from March 28, 2013. HM Export Limited ceased to be a Subsidiary of the Company with effect from September 26, 2013.
During period 2013-14, Company divested the Chennai Car Plant as well as sold its entire holdings of 5,00,000 Equity Shares of Rs 5/- each in Hindustan Motors Finance Corporation Limited (HMFCL) and balance 12,17,000 Equity Shares in HM Export Limited, and consequently HMFCL ceased to be a Subsidiary of the Company with effect from December 12, 2013. When it issued further shares and became an Associate of the Company with effect from the aforementioned date. Consequent to sale of shares in HMFCL by Company, its holding in HMFCL was nil and ceased to be an Associate of Company effective from March 24, 2013. HM Export Limited ceased to be an Associate of Company with effect from December 12, 2013. .
,
Hindustan Motors share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Hindustan Motors indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Hindustan Motors is valued compared to its competitors.
Hindustan Motors PE ratio helps investors understand what is the market value of each stock compared to Hindustan Motors 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Hindustan Motors evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Hindustan Motors generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Hindustan Motors in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Hindustan Motors shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Hindustan Motors compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Hindustan Motors over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Hindustan Motors helps investors get an insight into when they can enter or exit the stock. Key components of Hindustan Motors Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Hindustan Motors shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Hindustan Motors ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Hindustan Motors provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Hindustan Motors highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Hindustan Motors .
The balance sheet presents a snapshot of Hindustan Motors ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
Download the App