Haryana Leather Chemicals Ltd
Incorporated in 1985, Haryana Leather Chemicals Ltd is in the business of manufacturing specialty chemical products.[1]
- Market Cap ₹ 31.9 Cr.
- Current Price ₹ 65.0
- High / Low ₹ 88.8 / 50.2
- Stock P/E 13.4
- Book Value ₹ 91.3
- Dividend Yield 1.54 %
- ROCE 8.20 %
- ROE 5.43 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.71 times its book value
Cons
- Company has a low return on equity of 6.00% over last 3 years.
- Earnings include an other income of Rs.1.68 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 42.38 | 39.73 | 39.06 | 35.57 | 36.87 | 35.03 | 27.84 | 38.88 | 42.48 | 44.42 | 49.03 | 51.40 | |
| 39.07 | 36.17 | 35.99 | 33.45 | 35.23 | 32.84 | 26.07 | 37.64 | 40.29 | 41.40 | 46.41 | 48.48 | |
| Operating Profit | 3.31 | 3.56 | 3.07 | 2.12 | 1.64 | 2.19 | 1.77 | 1.24 | 2.19 | 3.02 | 2.62 | 2.92 |
| OPM % | 7.81% | 8.96% | 7.86% | 5.96% | 4.45% | 6.25% | 6.36% | 3.19% | 5.16% | 6.80% | 5.34% | 5.68% |
| 0.31 | 0.73 | 1.04 | 1.08 | 1.32 | 1.44 | 1.20 | 1.42 | 1.17 | 3.55 | 1.70 | 1.68 | |
| Interest | 0.26 | 0.20 | 0.08 | 0.12 | 0.11 | 0.09 | 0.04 | 0.05 | 0.05 | 0.06 | 0.08 | 0.09 |
| Depreciation | 1.34 | 1.13 | 1.05 | 0.87 | 0.71 | 0.71 | 0.76 | 0.77 | 0.78 | 0.87 | 0.90 | 0.94 |
| Profit before tax | 2.02 | 2.96 | 2.98 | 2.21 | 2.14 | 2.83 | 2.17 | 1.84 | 2.53 | 5.64 | 3.34 | 3.57 |
| Tax % | 32.18% | 31.42% | 34.23% | 21.72% | 28.04% | 25.80% | 26.27% | 28.26% | 26.48% | 18.26% | 31.14% | 33.61% |
| 1.36 | 2.03 | 1.96 | 1.73 | 1.54 | 2.09 | 1.60 | 1.31 | 1.86 | 4.62 | 2.30 | 2.38 | |
| EPS in Rs | 2.77 | 4.14 | 3.99 | 3.52 | 3.14 | 4.26 | 3.26 | 2.67 | 3.79 | 9.41 | 4.69 | 4.85 |
| Dividend Payout % | 25.27% | 0.00% | 20.04% | 22.71% | 25.51% | 0.00% | 0.00% | 0.00% | 0.00% | 10.63% | 21.35% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 13% |
| 3 Years: | 7% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 10% |
| 3 Years: | 16% |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 5% |
| 3 Years: | 6% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 |
| Reserves | 19.06 | 21.09 | 23.31 | 24.56 | 25.63 | 27.25 | 28.85 | 30.16 | 32.08 | 36.21 | 38.01 | 39.90 |
| 1.50 | 0.23 | 0.16 | 0.05 | 0.70 | 0.06 | 0.01 | 0.00 | 0.61 | 0.28 | 0.71 | 0.85 | |
| 10.00 | 7.76 | 8.85 | 9.24 | 7.48 | 8.90 | 5.20 | 8.10 | 5.27 | 6.81 | 6.79 | 6.41 | |
| Total Liabilities | 35.47 | 33.99 | 37.23 | 38.76 | 38.72 | 41.12 | 38.97 | 43.17 | 42.87 | 48.21 | 50.42 | 52.07 |
| 15.70 | 14.87 | 14.48 | 14.53 | 14.52 | 14.51 | 15.34 | 14.87 | 15.01 | 14.28 | 14.88 | 14.42 | |
| CWIP | 0.03 | 0.09 | 0.22 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.19 | 0.04 | 0.03 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 19.74 | 19.03 | 22.53 | 24.22 | 24.20 | 26.61 | 23.63 | 28.30 | 27.74 | 33.74 | 35.50 | 37.62 | |
| Total Assets | 35.47 | 33.99 | 37.23 | 38.76 | 38.72 | 41.12 | 38.97 | 43.17 | 42.87 | 48.21 | 50.42 | 52.07 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.14 | 4.86 | 3.76 | 1.27 | 1.26 | 3.89 | -6.82 | 2.46 | -1.93 | 7.92 | 0.19 | 4.69 | |
| -0.53 | -0.36 | -0.78 | -0.73 | -0.63 | -0.68 | -1.57 | -0.31 | -0.98 | -0.70 | -1.84 | -0.96 | |
| -0.89 | -0.33 | -0.10 | -0.63 | 0.60 | -0.70 | -0.07 | -0.04 | 0.58 | -0.35 | 0.39 | 0.07 | |
| Net Cash Flow | -0.28 | 4.16 | 2.88 | -0.08 | 1.23 | 2.52 | -8.46 | 2.12 | -2.33 | 6.87 | -1.27 | 3.80 |
| Free Cash Flow | 0.61 | 4.50 | 2.98 | 0.54 | 0.63 | 3.21 | -8.39 | 2.15 | -2.96 | 7.71 | -1.16 | 4.22 |
| CFO/OP | 55% | 162% | 153% | 83% | 109% | 206% | -359% | 235% | -60% | 292% | 45% | 199% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 84.14 | 72.67 | 81.95 | 97.79 | 90.19 | 96.17 | 104.62 | 94.54 | 84.89 | 76.83 | 78.76 | 84.50 |
| Inventory Days | 67.39 | 51.75 | 51.13 | 63.62 | 40.37 | 50.70 | 37.75 | 45.47 | 38.03 | 40.07 | 48.44 | 41.29 |
| Days Payable | 86.63 | 63.75 | 92.44 | 108.57 | 72.05 | 103.49 | 56.12 | 65.99 | 38.26 | 51.45 | 47.78 | 40.42 |
| Cash Conversion Cycle | 64.91 | 60.66 | 40.64 | 52.84 | 58.51 | 43.39 | 86.25 | 74.01 | 84.65 | 65.45 | 79.42 | 85.37 |
| Working Capital Days | 64.59 | 55.12 | 46.44 | 66.19 | 63.46 | 57.62 | 83.78 | 75.10 | 76.56 | 65.74 | 71.17 | 76.20 |
| ROCE % | 9.09% | 12.22% | 11.21% | 8.01% | 7.21% | 9.14% | 6.64% | 5.49% | 7.10% | 8.96% | 8.02% | 8.20% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Electricity Efficiency KWH/MT |
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| Fuel Oil Consumption (Furnace/HSD) Ltr/MT |
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| Headcount (Total Manpower) Number |
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| Total Production Volume MT |
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| Installed Capacity MT |
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| LPG Consumption KG/MT |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Newspaper Publication of Financial Results for the Quarter and year ended 31st March, 2026
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for FY26 filed; no non-compliances reported.
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Announcement under Regulation 30 (LODR)-Change in Management
28 May - Board approved FY26 internal auditor appointment and final dividend of Rs.1 per share, subject to AGM.
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Corporate Action-Board approves Dividend
28 May - Board appointed Prince Kumar & Associates as internal auditor for FY26-27 and approved Rs.1 final dividend.
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Board Meeting Outcome for Outcome Of The Board Meeting
28 May - Audited standalone results for quarter and year ended 31 March 2026 approved on 28 May 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
HLCL is an ISO certified company which specializes in the development and production
of high-quality chemicals for leather processing, footwear finishing, textile printing, pressure-sensitive adhesives, and PVC additives. It has a diverse portfolio of 250+ products