Hindustan Composites Ltd
₹ 448
3.56%
23 Jul
- close price
About
Incorporated in 1964, Hindustan Composites Ltd is in the business of manufacturing and marketing of fibre based friction material, and treasury business[1]
Key Points
- Market Cap ₹ 663 Cr.
- Current Price ₹ 448
- High / Low ₹ 550 / 346
- Stock P/E 20.1
- Book Value ₹ 777
- Dividend Yield 0.45 %
- ROCE 3.93 %
- ROE 2.96 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is trading at 0.58 times its book value
Cons
- Company has a low return on equity of 3.64% over last 3 years.
- Dividend payout has been low at 13.6% of profits over last 3 years
- Working capital days have increased from 45.1 days to 74.4 days
* 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.
Loading peers table ...
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Upcoming result date: today
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 143 | 153 | 166 | 199 | 197 | 178 | 185 | 233 | 283 | 298 | 325 | 375 | |
| 107 | 123 | 127 | 162 | 172 | 158 | 155 | 195 | 239 | 243 | 263 | 320 | |
| Operating Profit | 36 | 30 | 39 | 37 | 25 | 20 | 30 | 37 | 44 | 55 | 62 | 55 |
| OPM % | 25% | 20% | 23% | 18% | 13% | 11% | 16% | 16% | 16% | 18% | 19% | 15% |
| 0 | 0 | 1 | 0 | 2 | 0 | 4 | -4 | -2 | -2 | -7 | -2 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 6 | 7 | 8 | 9 | 9 | 10 | 9 | 9 | 9 | 10 | 10 | 12 |
| Profit before tax | 30 | 24 | 32 | 28 | 18 | 10 | 25 | 25 | 33 | 43 | 45 | 41 |
| Tax % | 13% | 13% | 22% | 10% | -4% | -17% | 15% | 13% | 16% | 19% | 22% | 24% |
| 26 | 21 | 25 | 25 | 19 | 12 | 21 | 22 | 27 | 34 | 35 | 31 | |
| EPS in Rs | 17.43 | 14.00 | 16.82 | 17.18 | 12.86 | 8.15 | 14.21 | 14.63 | 18.60 | 23.30 | 23.70 | 21.06 |
| Dividend Payout % | 2% | 2% | 2% | 3% | 16% | 25% | 14% | 14% | 11% | 9% | 8% | 24% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 15% |
| 3 Years: | 10% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 13% |
| 3 Years: | 4% |
| TTM: | -24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 6% |
| 3 Years: | 7% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 4% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 5 | 5 | 5 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 544 | 630 | 688 | 733 | 755 | 764 | 812 | 912 | 916 | 981 | 1,079 | 1,140 |
| 6 | 5 | 5 | 5 | 4 | 6 | 0 | 0 | 1 | 0 | 0 | 2 | |
| 29 | 62 | 83 | 88 | 89 | 84 | 103 | 83 | 76 | 92 | 110 | 116 | |
| Total Liabilities | 584 | 702 | 781 | 833 | 856 | 861 | 923 | 1,003 | 1,000 | 1,081 | 1,196 | 1,265 |
| 115 | 120 | 124 | 122 | 125 | 122 | 116 | 113 | 111 | 138 | 134 | 151 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 |
| Investments | 386 | 473 | 541 | 613 | 617 | 625 | 687 | 796 | 807 | 872 | 962 | 1,006 |
| 83 | 109 | 116 | 98 | 113 | 113 | 120 | 94 | 82 | 72 | 96 | 108 | |
| Total Assets | 584 | 702 | 781 | 833 | 856 | 861 | 923 | 1,003 | 1,000 | 1,081 | 1,196 | 1,265 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 8 | 11 | 53 | 5 | 4 | 9 | 22 | 16 | 40 | 30 | 21 | |
| -8 | -6 | -9 | -54 | -3 | 3 | 0 | -13 | -21 | -35 | -18 | -30 | |
| -3 | -1 | -1 | -1 | -3 | -1 | -9 | -3 | -2 | -4 | -3 | -4 | |
| Net Cash Flow | 1 | 1 | 1 | -2 | -1 | 6 | 1 | 7 | -8 | 1 | 9 | -12 |
| Free Cash Flow | 4 | -3 | 0 | 46 | -7 | -2 | 13 | 16 | 10 | 4 | 24 | -1 |
| CFO/OP | 40% | 51% | 42% | 159% | 30% | 27% | 46% | 77% | 54% | 87% | 67% | 62% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 59 | 63 | 59 | 63 | 63 | 70 | 83 | 59 | 51 | 46 | 58 | 62 |
| Inventory Days | 44 | 51 | 58 | 53 | 54 | 66 | 59 | 48 | 38 | 41 | 30 | 43 |
| Days Payable | 75 | 101 | 166 | 164 | 154 | 166 | 198 | 151 | 110 | 128 | 133 | 106 |
| Cash Conversion Cycle | 28 | 14 | -49 | -48 | -36 | -31 | -55 | -44 | -21 | -42 | -45 | -1 |
| Working Capital Days | 103 | 78 | 107 | 99 | 98 | 98 | 142 | 38 | 41 | 25 | 36 | 74 |
| ROCE % | 5% | 4% | 5% | 4% | 2% | 1% | 3% | 3% | 4% | 5% | 5% | 4% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Composite Products Revenue Share of Total Segment Revenue % |
|
|||||||||
| Investment Portfolio Value (Treasury) INR Crore |
||||||||||
| Customer Concentration in Manufacturing Segment % of composite revenue |
||||||||||
| Permanent Employees count |
||||||||||
| Combined Manufacturing Capacity units per annum |
||||||||||
| Investment Portfolio Equity Share % |
||||||||||
| Number of Customers Contributing >10% of Total Sales count |
||||||||||
| Solar / Renewable Energy Installed Capacity MWp |
||||||||||
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
45m - Board approved Q1 FY27 results; friction business transfer to Rane (Madras) for ₹370 crore; dividend payout Oct 1-15, 2026.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
49m - Q1 FY27 results approved; Friction business slump sale to Rane for ₹370 crore, dividend payout October 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 23Rd July, 2026 For The Quarter Ended 30Th June, 2026
52m - Board approved Q1 FY27 results; friction business to be sold to Rane Madras for Rs 370 crore.
- Un-Audited Financial Results Of The Company For The Quarter Ended 30Th June, 2026 58m
-
Board Meeting Intimation for Considering And Approving The Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended 30Th June, 2026
14 Jul - Board meets 23 July 2026 to approve Q1 FY2026-27 standalone and consolidated results; trading window closed till 25 July.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
Business Overview:[1][2]
HCL is an ISO 9001:2015 & IATF 16949:2016 certified developer, manufacturer & marketer of Friction Materials in India comprising Brake Lining, Clutch Facing, Disc Brake Pad, Roll Lining, Brake Block, etc. Company is also engaged in the treasury business.