hindusthan engineering and industries limited unlisted shares

    hindusthan engineering and industries limited unlisted shares

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    About hindusthan engineering and industries limited unlisted shares
    Company overview and key information
    About Hindusthan Engineering & Industries Limited Unlisted Shares

    About the Company

    1947 – Points & Crossings plant originally established at Tiljala.

    1982 – Introduced Switch Expansion Joints for Indian Railways.

    1984 – Commencement of operation in Foundry at Bamunari. First company in India to manufacture CMS crossings indigenously.

    1988 – Wagon plant at Santragachi acquired.

    1989 – Diversified into manufacture of alloy steel components viz., bogies, couplers, draft gears etc.

    1989 – Bagged biggest export order for Side Frame, Bolster, Coupler & Axle Boxes from USSR. Road shows in New York, London, Paris & Tokyo for Global Fund Mobilisation

    1990 – Received first award for outstanding performance in export.

    1991 – First Indian company to receive order for Turnouts from Africa. Commenced wagon production at Santragachi plant.

    1992 – First Indian company to supply Anode Yoke all over the world. Also, the first Indian company to export Fishing Crawler Shoes to Iceland. Commencement of exports to USA. First Indian company to receive order for Turnouts from Malaysian Railway.

    1994 – First Indian Foundry to receive certification from Association of American Rail Roads in terms of AARM1003 & AARM210.

    1995 – Introduction of Thick Web Switches In Indian Railways.

    1996 – First Indian Foundry to commence supply of Side Frames, Bolsters and Couplers to North America.

    1998 – Introduced Low Height Container Flat wagons under World Bank project for Indian Railways. First Indian company to export Side Frames and Bolsters to Australia & South Korea.

    First Indian company to export CMS Crossings to Europe. First Indian company to manufacture Slackless Drawbars for Low Height Container Flat wagons.

    2001 – First Indian company to produce Obtuse Crossings.

    2004 – Commenced wagon production at Tiljala plant.

    2007 – Introduced upgraded version of switch expansion joints.

    2012 – First Indian company to get RDSO Approval for alll 4 designs of Improved switch expansion joints. Technical Tie – Up with European company for manufacture of Weldable CMS Crossings. Diversification to manufacture of EMU coaches. Diversification to manufacture of Cast Steel Bogie Frame for locomotives. Developed prototype 25 ton Axle Load Bogie & WD 70 Coupler.


    B) Products of the Company


    1. Rolling Stock

    HEIL has been consistently the best performer in the Industry & stood out as the market leader since mid fifties. Thousands of freight cars running on Indian rail-roads have rolled out of HEIL Works. These comprise both conventional & custom-built wagons, catering to diverse requirements, such as Petroleum, Chemicals, Cement, Alumina, Transformers etc. Currently, the company has taken the lead in turning out the New Generation, Commodity-Specific, High Payload Freight Cars in Stainless Steel construction for Indian Railways.


    2. Foundry

    They are presently supplying Bogies, Couplers, Draft Gears, CMS Crossings to Ministry of Railways and are one of the largest producer of Bogies, Side Frames, Bolsters, Couplers, Draft Gears and other components for Rolling Stock. They are licensees of Standard Car Truck Company, U.S.A for Barber design freight Bogies and have been exporting Bogies to South Korea, Australia and North America. We are the first company in India to develop anode yokes for supply to Aluminium Smelters.


    3. Chemicals

    A fully automatic and integrated plant, incorporating stringent pollution control equipment has been set up by HEI for the manufacture of Cyanides. More than 40% of Sodium Cyanide & Diphenyl Guanidine output is exported. Products are used in gold/silver refining, heat treatment, electroplating, pharmaceuticals, tyres, foam and rubber. Natural Gas is the main raw material. The plant has an in-house R&D Centre recognized by the Department of Scientific and Industrial Research, Government of India.


    4. Jute, an agro-based product, plays a vital role in the economy of Eastern India.


    The products from Dalhousie jute Company's plant at Champdany (West Bengal) are used as packaging material for food grain, sugar, cement, fertilizer and tea. Its products are well received all over the world.


    Fundamentals
    Key financial metrics for Hindusthan Engineering & Industries Limited Unlisted Shares
    Price Per Equity Share₹ 1675
    Lot Size100 Shares
    52 Week High₹ 1750
    52 Week Low₹ 850
    DepositoryNSDL & CDSL
    PAN NumberAAACH8505Q
    ISIN NumberINE665C01026
    CINU93000WB1998PLC086303
    RTAC.B. Management Services
    Market Cap (in cr.)₹ 2463
    P/E Ratio11.9
    P/B Ratio1.75
    Debt to Equity0.29
    ROE (%)14.8
    Book Value957.86
    Face Value10
    Total Shares14706776

    Financials

    P&L Statement
    P&L Statement2021202220232024
    Revenue80094317562754
    Cost of Material Consumed48352812671947
    Gross Margins39.6344.0127.8529.3
    Change in Inventory-1940-60-72
    Employee Benefit Expenses113118140144
    Other Expenses151190289435
    EBITDA7267120300
    OPM97.16.8310.89
    Other Income29282742
    Finance Cost11101931
    D&A33353436
    EBIT393286264
    EBIT Margins4.883.394.99.59
    PBT565094276
    PBT Margins75.35.3510.02
    Tax16112469
    PAT403970207
    NPM54.143.997.52
    EPS26.672647.62140.82

    Shareholding Patterns

    Progress for 2022

    HINDUSTHAN CONSULTANCY AND SERVICES LIMITED40.63%
    PROMAIN LIMITED9.56%
    Deutsche Bank Trust Company Americas6.51%
    Others43.3%

    Promoters or Management

    NameDesignationExperienceLinkedIn
    Shri Vikram Aditya ModyChairman20+Profile
    Shri Satish KapurDirector20+Profile