Hella India Lighting Unlisted Shares
About Hella India Lighting Unlisted Shares
Hella India Lighting is the Indian subsidiary of Hella GmbH & Co. KGaA, a globally recognized German automotive lighting company. Established over 50 years ago, Hella India Lighting initially began as a joint venture with JMA Industries in 1959. However, in 2005, Hella GmbH became the majority stakeholder, acquiring 81% of the shares, making Hella India Lighting a fully-owned subsidiary. Known for its innovative products and customer-centric approach, the company serves both Original Equipment Manufacturers (OEMs) and the aftermarket segment in India and globally.
Business Divisions and Product Portfolio
Hella India Lighting operates across multiple segments in the automotive industry, specializing in the following key products:
- Projector Lamps:
The company manufactures high-quality projector lamps, designed to enhance vehicle lighting systems with precision and clarity. - LED Lamps:
Hella India Lighting leads the way in LED lighting solutions, including advanced LED headlamps and front lighting systems, focusing on energy efficiency and longevity. - Auxiliary Lamps:
Designed for improved visibility, these lamps are tailored for both automotive and commercial vehicle applications. - Lubricants and Coolants:
In addition to lighting solutions, Hella India Lighting also offers high-performance lubricants and coolants, catering to both two-wheelers and four-wheelers. - Spark Plugs:
The company manufactures spark plugs that are essential for engine performance, contributing to the reliability of vehicles across various categories.
These products are supplied to major vehicle manufacturers like Maruti Suzuki and Tata Motors, as well as to the aftermarket for car parts, chemicals, and accessories.
Financial Highlights of Hella India Lighting
Hella India Lighting has shown a strong financial performance over the years, with notable improvements in several key financial metrics:
- Revenue Growth:
In FY2024, the company’s revenue reached ₹411 crores, up from ₹382 crores in FY2023. This growth is indicative of the company’s continued strength in the automotive lighting sector, supported by its expanded product offerings. - Gross Margins:
Hella India Lighting has maintained consistent gross margins, standing at 39.9% in FY2024. This reflects its ability to control production costs and maintain profitability despite challenges in the automotive sector. - EBITDA and Operating Profitability:
The company posted an EBITDA of ₹52 crores in FY2024, which represents a solid increase from ₹46 crores in FY2023. Its Operating Profit Margin (OPM) stood at 12.65% for FY2024, highlighting strong operational efficiency. - Profit After Tax (PAT):
PAT for FY2024 was ₹29 crores, an increase from ₹27 crores in FY2023. This rise in PAT, along with an improved Net Profit Margin (NPM) of 7.06%, underscores the company’s profitable operations. - Earnings Per Share (EPS):
Hella India Lighting posted an impressive EPS of ₹77.96 in FY2024, up from ₹56.67 in FY2022. This growth in EPS demonstrates the company’s increasing profitability and value creation for its shareholders. - Asset Growth:
The company’s total assets grew to ₹306 crores in FY2024, up from ₹228 crores in FY2023, reflecting the expansion of its business and ongoing investment in fixed assets and working capital.
Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided
Pros
- Strong Global Parentage: Backed by Hella GmbH, ensuring financial stability and access to technological innovations.
- Innovative Product Offerings: Introduced advanced LED lighting systems for EVs, expanding into global markets like the U.S.
- Diversified Market Segments: Serves both OEMs and the aftermarket, reducing reliance on a single segment.
Cons
- Industry-Specific Downturns: Performance tied to the automotive market, leading to revenue declines during slowdowns.
- Global Competition: Intense competition with domestic and international players can impact profitability.
- Reliance on OEMs: Heavy dependence on OEMs makes the company vulnerable to changes in demand or preferences.
Key Details
| Share Name | Particulars |
|---|---|
| Hella India Lighting Unlisted | 925 |
| Shares Price | Per Equity Share |
| Lot Size | 10 Shares |
| 52 Week High | ₹ 975 |
| 52 Week Low | ₹ 925 |
| Depository | NSDL & CDSL |
| PAN Number | AAACJ0101G |
| ISIN Number | INE431D01013 |
| CIN | U74899DL1959PLC003126 |
| RTA | Link Intime |
| Fundamentals | Value |
|---|---|
| Market Cap (in cr.) | 344 |
| P/E Ratio | 11.87 |
| P/B Ratio | 1.86 |
| Debt to Equity | 0.26 |
| ROE (%) | 16.6 |
| Book Value | 496.9 |
| EPS | 77.96 |
| Face Value | 10 |
| Total Shares | 3,723,713 |
Financials
| P&L Statement | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 411 | 382 | 303 |
| Cost of Material Consumed | 247 | 235 | 185 |
| Gross Margins (%) | 39.9 | 38.48 | 38.94 |
| Change in Inventory | -3 | 2 | -3 |
| Employee Benefit Expenses | 49 | 40 | 33 |
| Other Expenses | 66 | 59 | 52 |
| EBITDA | 52 | 46 | 36 |
| OPM (%) | 12.65 | 12.04 | 11.88 |
| Other Income | 6 | 9 | 3 |
| Finance Cost | 5 | 5 | 4 |
| D&A | 13 | 11 | 10 |
| EBIT | 39 | 35 | 26 |
| EBIT Margins (%) | 9.49 | 9.16 | 8.58 |
| PBT | 39 | 39 | 24 |
| PBT Margins (%) | 9.49 | 10.21 | 7.92 |
| Tax | 10 | 12 | 7 |
| PAT | 29 | 27 | 17 |
| NPM (%) | 7.06 | 7.07 | 5.61 |
| EPS | 77.96 | 85.17 | 56.67 |
| Ratio | FY24 | FY23 | FY22 |
|---|---|---|---|
| Operating Margin | 11% | 11% | 9% |
| Net Profit Margin | 7% | 7% | 6% |
| Return on Equity | 17% | 30% | 26% |
| Debt-Equity | 0.26 | 0.52 | 0.76 |
| Current Ratio | 1.97 | 1.23 | 1.11 |
| Dividend Payout | 0% | 0% | 0% |
| Company | Hella India Lighting Limited | Bosch Limited | Uno Minda Limited |
|---|---|---|---|
| Market Cap (₹ Crores) | 344 | 107628 | 52740 |
| Profitability Margin (%) | 7% | 14.88% | 6.59% |
| ROCE (%) | 23% | 20.60% | 19.90% |
| ROE (%) | 17% | 16.00% | 18.90% |
| D/E Ratio | 0.26 | 0.00 | 0.35 |
| P/E Ratio | 11.22 | 56.40 | 59.40 |
| P/B Ratio | 1.68 | 8.91 | 10.7 |
| Book Value per Share (₹) | 496.06 | 4090.00 | 86.1 |
| Assets | 2024 | 2023 | 2022 |
|---|---|---|---|
| Fixed Assets | 75 | 62.5 | 53 |
| CWIP | 2 | 7.7 | 9 |
| Investments | 0 | 0 | 0 |
| Trade Receivables | 83 | 68 | 55 |
| Inventory | 59 | 53 | 40 |
| Other Assets | 87 | 36.8 | 37 |
| Total Assets | 306 | 228 | 194 |
| Liabilities | 2024 | 2023 | 2022 |
|---|---|---|---|
| Share Capital | 3.72 | 3.17 | 3 |
| FV | 10 | 10 | 10 |
| Reserves | 171 | 88 | 61 |
| Borrowings | 46 | 47 | 49 |
| Trade Payables | 58 | 66 | 60 |
| Other Liabilities | 27.28 | 23.83 | 21 |
| Total Liabilities | 306 | 228 | 194 |
Promoters or Management
Frequently Asked Questions
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.
The procedure to buy Hella India Lighting unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. Once the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.
The Hella India Lighting unlisted shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size of Hella India Lighting, please visit the stock page on our website: www.unlistedhub.com
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.
Before IPO, there is no restriction on sale and transfer of your Hella India Lighting unlisted shares. But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period of 6 months after listing on the stock exchange.
Once the selling price and quantity of shares is agreed with us, we will provide you with a UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds are released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.
