Horizon Reclaim (India) Ltd
₹ 118
0.08%
19 Aug
- close price
About
Incorporated in 2006, Horizon Reclaim (India)
Ltd. is engaged in the manufacturing of reclaimed rubber.[1]
Key Points
- Market Cap ₹ 231 Cr.
- Current Price ₹ 118
- High / Low ₹ 165 / 114
- Stock P/E 22.0
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 36.5 %
- ROE 53.6 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 48.3%
- Debtor days have improved from 40.7 to 25.0 days.
Cons
- Company might be capitalizing the interest cost
* 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.
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Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 20 | 20 | 36 | 49 | |
| 19 | 19 | 26 | 34 | |
| Operating Profit | 1 | 1 | 10 | 16 |
| OPM % | 5% | 5% | 28% | 32% |
| 0 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 1 | 1 |
| Profit before tax | 1 | 1 | 10 | 14 |
| Tax % | 26% | 25% | 27% | 27% |
| 1 | 1 | 7 | 10 | |
| EPS in Rs | 89.33 | 94.67 | 4.96 | 7.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 150% |
| TTM: | 52% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| Last Year: | 54% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.75 | 0.75 | 14 | 14 |
| Reserves | 6 | 7 | 0 | 11 |
| 0 | 0 | 10 | 36 | |
| 1 | 1 | 2 | 4 | |
| Total Liabilities | 8 | 8 | 26 | 65 |
| 2 | 2 | 4 | 6 | |
| CWIP | 0 | 2 | 4 | 36 |
| Investments | 0 | 0 | 0 | 0 |
| 5 | 4 | 18 | 23 | |
| Total Assets | 8 | 8 | 26 | 65 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 1 | 1 | 2 | 10 | |
| -0 | -2 | -12 | -35 | |
| 0 | 0 | 10 | 25 | |
| Net Cash Flow | 0 | -0 | -0 | 0 |
| Free Cash Flow | 0 | -0 | -10 | -25 |
| CFO/OP | 73% | 164% | 46% | 84% |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 57 | 43 | 54 | 25 |
| Inventory Days | 31 | 29 | 68 | 157 |
| Days Payable | 5 | 11 | 3 | 20 |
| Cash Conversion Cycle | 83 | 61 | 119 | 162 |
| Working Capital Days | 62 | 49 | -8 | -52 |
| ROCE % | 12% | 62% | 36% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- Q1 FY27 monitoring agency report: no IPO proceeds utilized; funds remain deployed in fixed deposit and account.
-
Statement Of Deviation Or Variation In The Use Of Proceeds Of Initial Public Offering Under Regulation 32 Of SEBI (LODR) Regulations, 2015 Read With Regulation 262 Of SEBI (ICDR) Regulations, 2018.
- Quarter ended June 30, 2026 IPO proceeds variation due to Rs15.89 lakh higher issue expenses; no object deviation.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On August 13 2026
- Board approved IPO utilization reports and appointed internal auditor and IR/PR agency on August 13, 2026.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
- Disclosure Under Regulation 30 of SEBI (LODR) Regulations, 2015- Investor Presentation.
-
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Business Update For The Quarter Ended June 30, 2026
- Rajkot Pyrolysis Oil facility commissioned; first commercial sale on 20 July 2026, ₹26.70 crore borrowings repaid.
Annual reports
No data available.
Concalls
-
Aug 2026TranscriptAI SummaryPPT
Business Overview:[1]
Horizon Reclaim Limited is engaged in
the manufacturing of reclaimed rubber
from waste tyres, rubber tubes, tread
peelings, EPDM scrap and other rubber
waste materials. The company converts
waste rubber into reusable rubber products, offering a cost-effective and environmentally sustainable alternative to virgin rubber. It also generates revenue through the sale of EPR (Extended Producer Responsibility) credits.