HBSL

UNDERVALUED

HB Stockholdings Limited

Others · NSE

78.5% vs fair value

52W Low

43

+41.9% from low

52W High

137

-55.8% from high

News sentiment
5 bull3 neu4 bear

Valuation Gauge

UNDERVALUED+78.5% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹61

Fair Value

₹281

Fair Value Analysis

₹281

Based on balance sheet strength analysis and earnings growth potential for Others sector companies | Sector-cheap: P/E at 4th percentile vs sector peers. | ROCE improving (latest 40.0%) — capital allocation becoming more efficient. | COVID-resilient: PAT dropped from ₹12Cr (FY2017) to ₹-7Cr (FY2020) during COVID but has fully recovered.

Medium confidence

Balance Sheet Value

50% weight

₹222

Growth Valuation

50% weight

₹340

Price vs Market

HBSL
Nifty 50

Shareholding Pattern

Stock Health Score

B

Solid Fundamentals

6.5 / 10

Profitability

8/10

ROE of 13.1% is acceptable for Others sector (benchmark: 15%)

Debt & Leverage

10/10

D/E ratio of 0.1x is well within the Others sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 3.5x trades at a 91% discount to Others sector median (40x) — attractively valued

Cash Flow

1/10

Negative FCF of ₹-5 Cr — company is consuming more cash than it generates

Earnings Growth

4/10

5yr EPS CAGR of 0.5% is well below Others sector average of 12.0%

Dividend

9/10

Dividend yield of 1.7% provides strong shareholder returns (benchmark: 1.5%)

Company Health Timeline

10-year financial health at a glance

FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
Revenue Growth
OPM %
Net Profit
Free Cash Flow
ROE %
ROCE %
Debt / Equity
Interest Cov.
Health Score
50
71
13
38
13
100
100
13
100
13
Strong
Moderate
Weak
Poor
No data

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-16.9%

Free cash flow / market cap

Revenue Growth (YoY)

-143.6%

Year-on-year revenue change

Profit Growth (YoY)

-277.2%

Year-on-year PAT change

Operating Cash Flow

₹-5 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹17

P/E Ratio

3.6x

P/B Ratio

0.5x

ROE

13.1%

ROCE

-10.4%

Debt / Equity

0.13x

Beta

1.25

Div Yield

1.7%

FCF (Cr)

₹-5 Cr

Revenue (Cr)

₹8 Cr

EPS Growth 5Y

Mkt Cap (Cr)

₹43 Cr

52W High

₹137

52W Low

₹42.6

Book Value/Share

₹129.3

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹12 Cr₹-8 Cr-66.9%₹-8 Cr₹-11.26
2025-03-31₹2 Cr₹-10 Cr-634.8%₹-12 Cr₹-16.83
2024-03-31₹44 Cr₹42 Cr93.5%₹38 Cr₹52.59
2023-03-31₹3 Cr₹-2 Cr-61.5%₹-2 Cr₹-2.82
2022-03-31₹18 Cr₹16 Cr89.8%₹15 Cr₹21.28
2021-03-31₹13 Cr₹12 Cr89.8%₹12 Cr₹16.46
2020-03-31₹2 Cr₹-7 Cr-370.6%₹-7 Cr₹-10.30
2019-03-31₹3 Cr₹-5 Cr-153.7%₹-6 Cr₹-8.11
2018-03-31₹2 Cr₹0 Cr3.0%₹-1 Cr₹-0.77
2017-03-31₹15 Cr₹12 Cr79.3%₹12 Cr₹4.88
2016-03-31₹4 Cr₹1 Cr27.9%₹3 Cr₹1.45
2015-03-31₹-0 Cr₹-3 Cr1276.9%₹-2 Cr₹-0.94
2014-03-31₹13 Cr₹10 Cr76.0%₹6 Cr₹2.33

Compounded Growth Rates

Sales Growth

3Y+59.7%
5Y-1.6%
10Y+12.2%

Profit Growth

3Y
5Y
10Y

EPS Growth

3Y
5Y
10Y

Peer Comparison

Others
StockPriceFair ValueMoS%P/EROESignal

AVRO INDIA LIMITED

₹10.3₹75.8+86.5%38.2UNDERVALUED

Magnum Ventures Limited

₹19.8₹119.4+83.4%-1.6%UNDERVALUED

DCM Shriram Industries Limited

₹41.7₹196.1+78.7%312.6%UNDERVALUED

Star Paper Mills Limited

₹141.5₹657.4+78.5%5.644.2%UNDERVALUED

HB Stockholdings Limited

₹60.5₹281.1+78.5%3.813.1%UNDERVALUED

Balkrishna Paper Mills Limited

₹18.7₹80.6+76.8%3.126.1%UNDERVALUED

Heads UP Ventures Limited

₹7.1₹28.8+75.3%3.9UNDERVALUED

Credo Brands Marketing Limited

₹88.5₹305.8+71.1%10.916.4%UNDERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Exchange Filings

BSE announcements · last 90 days

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