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.
Price Per Equity Share | ₹ 1675 |
Lot Size | 100 Shares |
52 Week High | ₹ 1750 |
52 Week Low | ₹ 850 |
Depository | NSDL & CDSL |
PAN Number | AAACH8505Q |
ISIN Number | INE665C01026 |
CIN | U93000WB1998PLC086303 |
RTA | C.B. Management Services |
Market Cap (in cr.) | ₹ 2463 |
P/E Ratio | 11.9 |
P/B Ratio | 1.75 |
Debt to Equity | 0.29 |
ROE (%) | 14.8 |
Book Value | 957.86 |
Face Value | 10 |
Total Shares | 14706776 |
P&L Statement | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenue | 800 | 943 | 1756 | 2754 |
Cost of Material Consumed | 483 | 528 | 1267 | 1947 |
Gross Margins | 39.63 | 44.01 | 27.85 | 29.3 |
Change in Inventory | -19 | 40 | -60 | -72 |
Employee Benefit Expenses | 113 | 118 | 140 | 144 |
Other Expenses | 151 | 190 | 289 | 435 |
EBITDA | 72 | 67 | 120 | 300 |
OPM | 9 | 7.1 | 6.83 | 10.89 |
Other Income | 29 | 28 | 27 | 42 |
Finance Cost | 11 | 10 | 19 | 31 |
D&A | 33 | 35 | 34 | 36 |
EBIT | 39 | 32 | 86 | 264 |
EBIT Margins | 4.88 | 3.39 | 4.9 | 9.59 |
PBT | 56 | 50 | 94 | 276 |
PBT Margins | 7 | 5.3 | 5.35 | 10.02 |
Tax | 16 | 11 | 24 | 69 |
PAT | 40 | 39 | 70 | 207 |
NPM | 5 | 4.14 | 3.99 | 7.52 |
EPS | 26.67 | 26 | 47.62 | 140.82 |