Hindcon Chemicals Ltd

Hindcon Chemicals Ltd

₹ 52.1 4.41%
23 Apr - close price
About

Incorporated in 1998, Hindcon Chemicals Ltd does manufacturing & sale of Sodium Silicate
& construction chemicals and trading activities[1]

Key Points

Business Overview:[1]
HCL is a Construction Chemicals manufacturer in India. It has an a range of construction chemicals and cement additives including Waterproofing Hind Crete Plus WPM, Mortar for Brick/AAC Block Fixing Hind Block Fix, Sealing Construction & Expansion Joints Hind Sealant PS and Tile Fixing Adhesive Hind Fix TA, Heat Insulation and Waterproofing Paint, Hind Hydra Proof Ceramic, Decorative Paint Hind Plasto Guard and Rust-Proof Paint Hind Anti-Rust

  • Market Cap 267 Cr.
  • Current Price 52.1
  • High / Low 69.7 / 17.1
  • Stock P/E 44.9
  • Book Value 8.44
  • Dividend Yield 0.19 %
  • ROCE 14.9 %
  • ROE 11.2 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 12.8% over last 3 years.

* 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

Sector: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
12.53 14.28 13.05 12.47 16.68 21.50 21.06 18.64 22.70 19.25 17.27 16.62 13.44
11.29 13.28 11.82 11.59 15.28 20.05 19.78 18.17 20.98 17.56 14.17 15.63 12.19
Operating Profit 1.24 1.00 1.23 0.88 1.40 1.45 1.28 0.47 1.72 1.69 3.10 0.99 1.25
OPM % 9.90% 7.00% 9.43% 7.06% 8.39% 6.74% 6.08% 2.52% 7.58% 8.78% 17.95% 5.96% 9.30%
0.44 0.55 0.46 0.68 0.25 0.17 0.20 0.39 0.25 0.23 0.39 0.27 0.46
Interest -0.00 -0.00 -0.00 0.01 -0.00 -0.00 0.01 0.01 0.02 0.01 0.01 0.03 0.01
Depreciation 0.05 0.06 0.05 0.06 0.07 0.08 0.07 0.07 0.07 0.08 0.06 0.07 0.08
Profit before tax 1.63 1.49 1.64 1.49 1.58 1.54 1.40 0.78 1.88 1.83 3.42 1.16 1.62
Tax % 25.15% 17.45% 25.00% 19.46% 28.48% 25.32% 27.86% 25.64% 27.66% 26.23% 25.73% 26.72% 26.54%
1.22 1.23 1.23 1.21 1.13 1.16 1.02 0.58 1.36 1.35 2.54 0.86 1.19
EPS in Rs 0.24 0.24 0.24 0.24 0.22 0.23 0.20 0.11 0.27 0.26 0.50 0.17 0.23
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
20.63 28.38 34.78 32.36 33.81 35.29 44.40 44.07 44.27 63.70 81.65 66.58
21.23 29.66 33.32 30.26 30.19 31.17 40.63 40.50 39.67 58.73 76.49 59.55
Operating Profit -0.60 -1.28 1.46 2.10 3.62 4.12 3.77 3.57 4.60 4.97 5.16 7.03
OPM % -2.91% -4.51% 4.20% 6.49% 10.71% 11.67% 8.49% 8.10% 10.39% 7.80% 6.32% 10.56%
1.44 2.11 0.06 0.10 0.30 1.65 0.46 0.84 2.02 1.56 1.07 1.35
Interest 0.25 0.30 0.75 0.68 0.67 0.52 0.23 0.09 0.08 0.02 0.05 0.06
Depreciation 0.12 0.12 0.27 0.21 0.18 0.14 0.13 0.14 0.18 0.25 0.29 0.29
Profit before tax 0.47 0.41 0.50 1.31 3.07 5.11 3.87 4.18 6.36 6.26 5.89 8.03
Tax % 29.79% 29.27% 32.00% 34.35% 33.22% 22.31% 27.91% 26.79% 25.16% 24.44% 26.83%
0.32 0.28 0.34 0.86 2.06 3.98 2.79 3.06 4.75 4.73 4.31 5.94
EPS in Rs 0.44 0.37 0.45 1.15 2.75 0.78 0.54 0.60 0.93 0.92 0.84 1.16
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% 22.02% 30.12% 32.34% 36.80% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 23%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: 4%
3 Years: 12%
TTM: 44%
Stock Price CAGR
10 Years: %
5 Years: 65%
3 Years: 130%
1 Year: 175%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 13%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1.46 1.50 1.50 1.50 1.50 10.24 10.24 10.24 10.24 10.24 10.24 10.24
Reserves 7.23 9.47 10.44 11.30 13.35 15.47 18.29 20.60 23.12 26.87 29.95 32.98
1.52 2.50 8.92 5.28 5.02 0.82 0.18 0.30 0.99 1.24 0.98 0.81
2.08 2.82 4.32 6.15 5.74 6.60 5.69 6.32 6.72 11.55 9.72 11.25
Total Liabilities 12.29 16.29 25.18 24.23 25.61 33.13 34.40 37.46 41.07 49.90 50.89 55.28
0.84 1.01 0.93 0.92 1.11 1.08 1.00 1.13 1.41 1.72 2.57 2.54
CWIP -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.39 2.32
Investments 0.39 0.49 0.67 1.05 1.20 3.24 4.08 3.78 2.28 1.30 0.90 1.07
11.06 14.79 23.58 22.26 23.30 28.81 29.32 32.55 37.38 46.88 47.03 49.35
Total Assets 12.29 16.29 25.18 24.23 25.61 33.13 34.40 37.46 41.07 49.90 50.89 55.28

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.00 -0.00 -0.21 3.27 1.50 2.44 -1.87 1.86 1.57 -2.41 5.43
-0.00 -0.00 -0.30 -0.54 -0.32 -1.35 -0.43 0.49 4.33 0.50 0.81
-0.00 -0.00 1.96 -3.83 -0.88 2.24 -0.78 -0.62 -0.24 -2.33 -1.02
Net Cash Flow -0.00 -0.00 1.46 -1.10 0.31 3.33 -3.08 1.73 5.65 -4.24 5.22

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 139.42 154.08 188.69 204.49 190.87 189.38 159.56 164.24 158.38 151.04 117.03
Inventory Days 42.57 25.57 16.70 18.30 13.08 43.62 28.94 22.98 21.77 25.63 18.37
Days Payable 30.13 31.00 38.49 60.55 50.92 55.52 39.08 54.34 50.52 56.63 41.00
Cash Conversion Cycle 151.86 148.65 166.90 162.25 153.03 177.48 149.42 132.88 129.64 120.03 94.40
Working Capital Days 154.63 151.12 182.40 169.08 173.81 177.48 179.29 191.32 158.63 163.82 119.71
ROCE % 6.00% 10.22% 19.71% 21.38% 14.66% 14.47% 19.67% 16.26% 14.94%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.88% 68.08% 68.08% 68.08% 68.08% 68.08% 68.12% 68.16% 68.16% 68.34% 68.52% 68.52%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
32.11% 31.92% 31.92% 31.92% 31.93% 31.92% 31.88% 31.84% 31.84% 31.66% 31.48% 31.48%
No. of Shareholders 2553,2724,6695,8505,9467,74110,44110,77711,15810,93723,79728,124

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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