Hanung Toys & Textiles revenue dropped on 30.7%
30-05-2016 • About Hanung Toys & Textiles (
$HANUNG) • By InTwits
Hanung Toys & Textiles reported FY2016 financial results today. Overall the company's long term financial model is characterised by the following facts:
- Hanung Toys & Textiles is a company in decline: FY2016 revenue growth was -30.7%, 5 years revenue CAGR was -39.2%
- EBITDA Margin is declining: in FY2016 vs. in FY2015 vs. 21.7% in FY2012
Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
The company's Revenue dropped on 30.7%.
Net Income margin dropped on 230 pp from -933% to -1,163% in FY2016. Net Income margin declined at -328 pp per annum in FY2012-FY2016.
Financial and operational results
Hanung Toys & Textiles ($HANUNG) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 14,117 | 18,007 | 4,711 | 1,358 | 940 | -30.7% |
| EBITDA | 3,067 | 3,597 | -3,922 | | | |
| Net Income | 1,150 | 660 | -4,958 | -12,672 | -10,935 | |
Balance Sheet
|
|---|
| Cash | 148 | 47 | 44 | | | |
| Short Term Debt | 8,011 | 11,079 | 8,702 | | | |
| Long Term Debt | 5,914 | 4,955 | 14,251 | | | |
Cash flow
|
|---|
| Capex | 2,465 | 1,017 | | | | |
Ratios
|
|---|
| Revenue growth | 24.6% | 27.6% | -73.8% | -71.2% | -30.7% | |
| EBITDA growth | 27.8% | 17.3% | -209.0% | | | |
|
|---|
| EBITDA Margin | 21.7% | 20.0% | -83.2% | | |
| Net Income Margin | 8.1% | 3.7% | -105.2% | -933.2% | -1,162.8% | -229.6% |
| CAPEX, % of revenue | 17.5% | 5.6% | | | | |
|
|---|
| ROIC | 15.6% | 13.6% | -18.4% | | | |
| ROE | 20.3% | 9.9% | -106.1% | | | |
| Net Debt/EBITDA | 4.5x | 4.4x | | | |
Peers in Furniture-Furnishing-Paints
Below you can find Hanung Toys & Textiles benchmarking vs. other companies in Furniture-Furnishing-Paints industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Kajaria Ceramics ($KAJARIACER) | - | 22.8% | 13.9% | 19.1% | 10.6% |
| Asian Paints ($ASIANPAINT) | - | 13.3% | 15.7% | 11.3% | 9.5% |
| Nitco ($NITCO) | - | -8.1% | 0.1% | 7.7% | -6.0% |
| Shalimar Paints ($SHALPAINTS) | - | 2.5% | -3.2% | -10.3% | -7.0% |
| Murudeshwar Ceramics ($MURUDCERA) | - | -19.5% | 1.3% | -5.5% | -16.7% |
| |
|---|
| Median (5 companies) | - | 2.5% | 1.3% | 7.7% | -6.0% |
|---|
| Hanung Toys & Textiles ($HANUNG) | - | 27.6% | -73.8% | -71.2% | -30.7% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Murudeshwar Ceramics ($MURUDCERA) | 23.6% | 21.8% | 21.6% | 23.5% | 24.9% |
| Kajaria Ceramics ($KAJARIACER) | 15.8% | 15.3% | 15.6% | 16.3% | 19.4% |
| Asian Paints ($ASIANPAINT) | 16.0% | 16.0% | 16.0% | 16.0% | 18.3% |
| Neycer India ($NEYCERI) | - | - | - | 9.3% | - |
| Bil Continental ($BILCONTI) | - | - | - | 2.9% | - |
| |
|---|
| Median (7 companies) | 15.8% | 15.3% | 15.8% | 9.3% | 18.9% |
|---|
Top companies by CAPEX/Revenue, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Kajaria Ceramics ($KAJARIACER) | 5.7% | 9.6% | 8.5% | 12.3% | 11.3% |
| Asian Paints ($ASIANPAINT) | 5.7% | 5.9% | 2.0% | 3.2% | 5.4% |
| Shalimar Paints ($SHALPAINTS) | 0.7% | 2.1% | 2.8% | 6.5% | 2.1% |
| |
|---|
| Median (3 companies) | 5.7% | 7.7% | 2.8% | 6.5% | 5.4% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Asian Paints ($ASIANPAINT) | 47.1% | 43.0% | 39.8% | 37.1% | 40.7% |
| Kajaria Ceramics ($KAJARIACER) | 27.9% | 28.6% | 28.8% | 29.8% | 31.3% |
| Shalimar Paints ($SHALPAINTS) | 25.9% | 22.2% | 6.2% | 2.4% | 13.9% |
| Bil Continental ($BILCONTI) | - | 4.4% | - | - | - |
| Neycer India ($NEYCERI) | - | -6.5% | - | - | - |
| |
|---|
| Median (9 companies) | 15.8% | 4.7% | 28.8% | 29.8% | 31.3% |
|---|
| Hanung Toys & Textiles ($HANUNG) | 15.6% | 13.6% | -18.4% | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Shalimar Paints ($SHALPAINTS) | 1.5x | 1.9x | 7.3x | 13.7x | 3.8x |
| Kajaria Ceramics ($KAJARIACER) | 1.3x | 1.3x | 0.8x | 0.7x | 0.6x |
| Neycer India ($NEYCERI) | 11.8x | 107.4x | - | 0.0x | 0.0x |
| Bil Continental ($BILCONTI) | 7.9x | 7.0x | 0.0x | 0.0x | 0.0x |
| Murudeshwar Ceramics ($MURUDCERA) | 3.2x | 4.1x | 0.0x | 0.0x | 0.0x |
| |
|---|
| Median (6 companies) | 5.5x | 3.0x | 0.0x | 0.0x | 0.0x |
|---|
