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Hella India Lighting Unlisted Shares

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Hella India Lighting shares are likely in a sideways trend due to a combination of factors, including a slowdown in the automobile industry, which is a major source of revenue for the company. The company's reliance on domestic sales, particularly within the Indian infrastructure and real estate sectors, also contributes to this pattern.

As on 29 Jul 2026, 11:07 PM, we are buying shares of the N/A for N/A and selling them for N/A per share.

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.

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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

  • Stock is trading at 1.14 times its book value
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 26.3%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.23% over past five years.
  • Company has a low return on equity of 3.68% over last 3 years.

Key Details

Share Name Particulars
Hella India Lighting Unlisted 925
Shares Price Per Equity Share
Minimum Lot Size Shares Worth Rs. 15000
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 3723713

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

Name Designation Experience Linkedin Profile
Rama Shankar Pandey MD & CEO 25 yrs View
Tarun Gulati Director 20+
Amit Bhardwaj CFO 20 yrs View
Manoj Singh Whole-time Director 23yrs View

Annual Reports

Name Download
Hella India Lighting report 2023 View
Hella India Lighting report 2024 View

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Frequently Asked Questions

Is it legal to buy Hella India Lighting unlisted shares in India?

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.

How to buy Hella India Lighting unlisted shares?

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.

Is Hella India Lighting involved in selling its unlisted shares?

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.

When will the Hella India Lighting unlisted shares be credited into my demat account?

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.

Is there any minimum lot size limit to buy Hella India Lighting unlisted shares?

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.delistedstocks.in

How is the market price of Hella India Lighting unlisted shares determined?

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.

What is the minimum lock-in period for Hella India Lighting 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.

How to sell Hella India Lighting unlisted shares?

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.

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