Hindcon Chemicals Ltd

Hindcon Chemicals Ltd

₹ 50.9 -0.78%
25 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 261 Cr.
  • Current Price 50.9
  • High / Low 69.7 / 17.1
  • Stock P/E 45.3
  • Book Value 9.07
  • Dividend Yield 0.20 %
  • ROCE 14.3 %
  • ROE 10.6 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company's working capital requirements have reduced from 149 days to 119 days

Cons

  • Company has a low return on equity of 11.8% 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

Consolidated Figures in Rs. Crores / View Standalone

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 13.22 15.22 16.68 21.50 21.06 18.64 26.64 19.25 17.27 19.46 13.44
11.29 13.30 12.00 14.29 15.29 20.07 19.79 18.19 24.86 17.59 14.18 18.44 12.25
Operating Profit 1.24 0.98 1.22 0.93 1.39 1.43 1.27 0.45 1.78 1.66 3.09 1.02 1.19
OPM % 9.90% 6.86% 9.23% 6.11% 8.33% 6.65% 6.03% 2.41% 6.68% 8.62% 17.89% 5.24% 8.85%
0.46 0.61 0.49 0.36 0.31 0.21 0.23 0.42 0.27 0.27 0.41 0.31 0.29
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 1.65 1.53 1.66 1.22 1.63 1.56 1.42 0.79 1.96 1.84 3.43 1.23 1.39
Tax % 25.45% 16.99% 25.90% 39.34% 34.97% 22.44% 28.17% 31.65% 27.55% 26.63% 25.66% 30.08% 27.34%
1.23 1.28 1.24 0.74 1.07 1.21 1.04 0.54 1.41 1.36 2.55 0.88 1.01
EPS in Rs 0.24 0.24 0.24 0.14 0.21 0.23 0.20 0.11 0.27 0.26 0.49 0.17 0.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
32.83 32.34 33.81 35.28 44.40 44.07 44.27 66.62 85.59 69.42
33.30 30.24 30.20 30.49 40.65 40.55 39.71 61.63 80.42 62.46
Operating Profit -0.47 2.10 3.61 4.79 3.75 3.52 4.56 4.99 5.17 6.96
OPM % -1.43% 6.49% 10.68% 13.58% 8.45% 7.99% 10.30% 7.49% 6.04% 10.03%
2.03 0.09 0.35 0.98 0.57 1.00 2.15 1.37 1.19 1.28
Interest 0.79 0.68 0.67 0.52 0.23 0.09 0.08 0.02 0.05 0.06
Depreciation 0.27 0.21 0.18 0.14 0.13 0.14 0.18 0.25 0.29 0.29
Profit before tax 0.50 1.30 3.11 5.11 3.96 4.29 6.45 6.09 6.02 7.89
Tax % 32.00% 34.62% 32.80% 22.31% 28.03% 33.33% 25.89% 30.05% 27.74%
0.34 0.85 2.09 3.98 2.82 2.84 4.77 4.26 4.36 5.80
EPS in Rs 0.45 1.12 2.76 0.78 0.55 0.55 0.92 0.83 0.84 1.12
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 16.32% 24.31% 24.32% 30.83% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 19%
3 Years: 25%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: 4%
3 Years: 15%
TTM: 38%
Stock Price CAGR
10 Years: %
5 Years: 64%
3 Years: 126%
1 Year: 176%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 12%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.76 0.76 0.85 10.24 7.67 7.67 7.67 7.67 7.67 7.67
Reserves 10.69 11.50 14.23 15.47 22.42 24.67 27.78 31.47 34.68 38.78
8.92 5.28 5.02 0.82 0.18 0.30 0.99 1.24 0.98 0.81
4.43 6.30 5.94 6.60 5.95 6.73 6.78 12.23 10.31 11.97
Total Liabilities 24.80 23.84 26.04 33.13 36.22 39.37 43.22 52.61 53.64 59.23
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 0.39 2.32
Investments 0.28 0.66 0.81 3.24 4.32 4.47 2.79 3.21 2.19 3.79
23.59 22.26 24.12 28.81 30.90 33.77 39.02 47.68 48.49 50.58
Total Assets 24.80 23.84 26.04 33.13 36.22 39.37 43.22 52.61 53.64 59.23

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.21 3.82 0.70 2.44 -1.98 2.12 4.78 -4.44 5.37
-0.30 -0.52 0.48 -1.35 -0.27 0.18 0.79 1.88 0.75
1.96 -4.34 -0.87 2.24 -0.78 -0.47 -0.01 -1.70 -0.84
Net Cash Flow 1.46 -1.05 0.31 3.33 -3.03 1.83 5.56 -4.26 5.27

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 199.90 204.51 199.50 189.43 159.56 164.24 158.38 144.42 111.65
Inventory Days 17.87 18.30 13.08 43.62 28.94 22.98 21.77 24.26 17.35
Days Payable 41.21 60.55 50.92 55.52 39.08 54.34 50.63 53.69 38.78
Cash Conversion Cycle 176.57 162.27 161.66 177.53 149.42 132.88 129.53 115.00 90.22
Working Capital Days 193.45 169.41 182.34 177.53 191.13 200.68 167.62 159.54 118.81
ROCE % 10.43% 19.92% 21.20% 14.70% 13.98% 18.85% 15.69% 14.34%

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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