Haldyn Glass (515147)

FairStock Score: 47/100 — MIXED

Score breakdown: P/E: 1/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Strengths

• Profit growth of 67.34% on 18.48% sales growth suggests strong operating leverage
• Piotroski F-Score of 7/9 indicates solid financial health and improving fundamentals
• PEG of 0.50 makes the P/E of 21.36 look reasonable if growth persists
• Latest quarter shows continued momentum with ₹125 Cr sales and ₹5 Cr net profit

Concerns

• ROE of 7.81% is weak relative to a P/B of 3.23, implying an expensive book value
• Dividend yield of only 0.75% offers minimal income support
• Debt/equity and promoter holding are not provided, leaving financial structure and governance unclear
• Stock trades near its 52-week high of ₹137, leaving little margin of safety at ₹130.95

AI Analysis

At ₹130.95, Haldyn Glass wears the cloak of a growth story. Sales are up 18.48%, and profit has surged 67.34%. The latest quarter adds momentum: ₹125 Cr sales and ₹5 Cr net profit. A Piotroski F-Score of 7/9 tells me the fundamentals aren't deteriorating. Even the PEG of 0.50 suggests that if this profit growth were to continue, the shares might not be overpriced at a P/E of 21.36. But I have to draw a line between a good business and a good price. The ROE is only 7.81%—hardly a hallmark of a wonderful enterprise. To pay 3.23 times book value for that return is not the value investor's dream. The dividend yield of 0.75% offers little compensation while I wait. With the stock at ₹130.95, just below its 52-week high of ₹137, much of the good news seems baked in. The FairStock Score of 47/100 says mixed, and I hear that caution. Graham would ask: what is the company worth on a conservative basis? With a book value of ₹40.53 and modest returns on capital, the margin of safety is thin. I don't ignore profit growth of 67.34%, but in packaging, cycles and competition can erode margins quickly. The absence of debt/equity and promoter holding figures only raises more questions. In short, Haldyn Glass is growing fast, but I require both growth and protection. Today I see growth; the protection is missing. I'd wait for a lower price or proof that ROE is climbing toward the level that the initial valuation demands.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer