Hindusthan Engineering Unlisted Share

Products & Businesses:

Products:-

Foundry - We 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. We 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.

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.

Jute Products - 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.Jute Products - 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.

Businesses:-

Research and Development occupies priority position in the corporate philosophy of HEI. In fact, in all the 3 plants dedicated for Railways, Research and Development has been made as integral part of the plant functioning. There is a constant endeavor towards process optimization and product development.

Consolidated Financial Summary

• Revenue:

  • FY23-24: ₹2754.37 crores (excluding other income), a significant jump from ₹1756.16 crores in FY22-23, showing a 56.84% growth. This indicates strong business performance with increased sales activity.

• Net Profit:

  • FY23-24: ₹207.28 crores, up from ₹70.03 crores in FY22-23, reflecting a staggering 195.99% increase. The company has achieved notable profitability growth, likely due to higher revenue and better operational efficiency.

• Current Market Price (CMP):

  • The CMP on 05/09/24 is ₹1166.00, compared to ₹180.00 in FY22-23, showing a massive 547.78% rise. This increase in stock price indicates strong investor confidence and market optimism around the company’s growth prospects.

• Earnings Per Share (EPS):

  • The EPS for FY23-24 is ₹140.94, up from ₹47.49 in FY22-23, a rise of 196.78%. This increase reflects higher profitability on a per-share basis, making the stock more attractive to investors.

DIVIDEND 

The Board, in order to conserve the resources of the Company, do not recommend any dividend for the year ended 31st March, 2024 During the year under review no amount of profit has been transferred to any reserve.

SUBSIDIARY & ASSOCIATES

The Company has one Subsidiary Company. Hindusthan Vidyut Corporation Limited (HVCL) is a wholly owned Subsidiary of the Company. The Company was formed for setting up a power plant. HVCL has not yet commenced any business activities.

Annual Report 2023-24

Annual Report 2022-23

Annual Report 2021-22

Annual Report 2020-21