Hindprakash Industries Ltd
Incorporated in 2008, Hindprakash Industries
Ltd does manufacturing and trading of dyes, intermediates, auxiliary, chemicals and other merchandise, etc.[1]
- Market Cap ₹ 130 Cr.
- Current Price ₹ 113
- High / Low ₹ 176 / 107
- Stock P/E 84.1
- Book Value ₹ 43.9
- Dividend Yield 0.00 %
- ROCE 6.96 %
- ROE 3.32 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 32.0%
- Company's working capital requirements have reduced from 80.1 days to 61.8 days
Cons
- Stock is trading at 2.58 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.39% 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
Commodities Chemicals Chemicals & Petrochemicals Dyes And Pigments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 103.61 | 100.79 | 99.50 | |
| 99.91 | 96.96 | 95.58 | |
| Operating Profit | 3.70 | 3.83 | 3.92 |
| OPM % | 3.57% | 3.80% | 3.94% |
| 1.20 | 1.77 | 1.28 | |
| Interest | 0.92 | 1.79 | 2.62 |
| Depreciation | 0.31 | 0.47 | 0.44 |
| Profit before tax | 3.67 | 3.34 | 2.14 |
| Tax % | 25.61% | 26.05% | 28.04% |
| 2.73 | 2.47 | 1.55 | |
| EPS in Rs | 2.62 | 2.37 | 1.36 |
| Dividend Payout % | 38.17% | 21.09% | 36.84% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 14% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Equity Capital | 10.42 | 10.42 | 11.42 |
| Reserves | 27.87 | 32.19 | 38.76 |
| 9.16 | 21.41 | 22.35 | |
| 8.19 | 15.93 | 12.17 | |
| Total Liabilities | 55.64 | 79.95 | 84.70 |
| 10.82 | 15.54 | 15.15 | |
| CWIP | 2.71 | 0.00 | 0.30 |
| Investments | 0.07 | 4.86 | 4.62 |
| 42.04 | 59.55 | 64.63 | |
| Total Assets | 55.64 | 79.95 | 84.70 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 2.59 | 5.17 | 3.24 | |
| 0.53 | -12.83 | -8.22 | |
| -3.11 | 8.27 | 4.38 | |
| Net Cash Flow | 0.01 | 0.62 | -0.59 |
| Free Cash Flow | 2.06 | 3.10 | 2.82 |
| CFO/OP | 106% | 154% | 93% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 81.69 | 118.02 | 95.27 |
| Inventory Days | 60.21 | 63.54 | 79.37 |
| Days Payable | 11.82 | 58.12 | 45.01 |
| Cash Conversion Cycle | 130.09 | 123.44 | 129.62 |
| Working Capital Days | 111.85 | 66.60 | 61.81 |
| ROCE % | 9.20% | 6.96% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Number of Permanent Employees Numbers ・Standalone data |
|
|||||
| Trade Receivable Turnover Ratio Times ・Standalone data |
||||||
| Installed Capacity MTPA ・Standalone data |
||||||
| Number of Products Numbers ・Standalone data |
||||||
Documents
Announcements
-
Closure of Trading Window
25 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Mar - Newspaper Advertisement for Postal ballot Notice
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
20 Mar - Board seeks approval to sell undertaking (38,433.534 sq.m) via postal ballot Mar23–Apr21,2026.
-
Board Meeting Outcome for Outcome Of Board Meeting
18 Mar - Board approved sale of Saykha unit (T-10–T-12) to third party; FY25 revenue Rs64.44 lakh; net worth Rs(3.74) crore.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Newspaper Publication - Financials Results for period ended December 2025
Business Overview:[1]
Company is a part of Hindprakash Group. It manufactures Dyestuffs, Dye Intermediate, Textile Chemicals, Auxiliaries, Adhesive, Paint Binders and Intermediates