Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11.41 | 10.63 | 13.53 | 12.20 | 10.81 | 12.60 | 13.43 | 11.76 | 13.09 | 11.78 | 14.75 | 14.68 |
| Expenses | 10.60 | 9.55 | 10.80 | 11.45 | 10.10 | 12.11 | 12.75 | 10.97 | 12.22 | 11.16 | 14.11 | 14.98 |
| Operating Profit | 0.81 | 1.08 | 2.73 | 0.75 | 0.71 | 0.49 | 0.68 | 0.79 | 0.87 | 0.62 | 0.64 | -0.30 |
| OPM % | 7.10% | 10.16% | 20.18% | 6.15% | 6.57% | 3.89% | 5.06% | 6.72% | 6.65% | 5.26% | 4.34% | -2.04% |
| Other Income | -0.18 | 0.35 | 0.49 | 0.36 | -0.17 | 0.51 | 0.50 | 0.46 | -0.03 | 0.43 | 0.33 | 0.58 |
| Interest | 0.01 | 0.03 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | 0.00 | 0.03 | 0.03 | 0.04 | 0.01 |
| Depreciation | 0.18 | 0.18 | 0.32 | 0.20 | 0.22 | 0.23 | 0.25 | 0.24 | 0.26 | 0.25 | 0.19 | 0.24 |
| Profit before tax | 0.44 | 1.22 | 2.89 | 0.90 | 0.31 | 0.75 | 0.89 | 1.01 | 0.55 | 0.77 | 0.74 | 0.03 |
| Tax % | 38.64% | 18.03% | 18.34% | 28.89% | 51.61% | 18.67% | 55.06% | 26.73% | 67.27% | 25.97% | 48.65% | 0.00% |
| Net Profit | 0.27 | 1.01 | 2.37 | 0.65 | 0.15 | 0.61 | 0.40 | 0.74 | 0.18 | 0.57 | 0.39 | 0.03 |
| EPS in Rs | 0.55 | 2.06 | 4.83 | 1.32 | 0.31 | 1.24 | 0.81 | 1.51 | 0.37 | 1.16 | 0.79 | 0.06 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39.73 | 39.06 | 35.57 | 36.87 | 35.03 | 27.84 | 38.88 | 42.48 | 44.42 | 49.03 | 51.37 | 54.30 |
| Expenses | 36.17 | 35.99 | 33.45 | 35.23 | 32.84 | 26.07 | 37.64 | 40.29 | 41.40 | 46.41 | 48.48 | 52.47 |
| Operating Profit | 3.56 | 3.07 | 2.12 | 1.64 | 2.19 | 1.77 | 1.24 | 2.19 | 3.02 | 2.62 | 2.89 | 1.83 |
| OPM % | 8.96% | 7.86% | 5.96% | 4.45% | 6.25% | 6.36% | 3.19% | 5.16% | 6.80% | 5.34% | 5.63% | 3.37% |
| Other Income | 0.73 | 1.04 | 1.08 | 1.32 | 1.44 | 1.20 | 1.42 | 1.17 | 3.55 | 1.70 | 1.71 | 1.31 |
| Interest | 0.20 | 0.08 | 0.12 | 0.11 | 0.09 | 0.04 | 0.05 | 0.05 | 0.06 | 0.08 | 0.09 | 0.11 |
| Depreciation | 1.13 | 1.05 | 0.87 | 0.71 | 0.71 | 0.76 | 0.77 | 0.78 | 0.87 | 0.90 | 0.94 | 0.94 |
| Profit before tax | 2.96 | 2.98 | 2.21 | 2.14 | 2.83 | 2.17 | 1.84 | 2.53 | 5.64 | 3.34 | 3.57 | 2.09 |
| Tax % | 31.42% | 34.23% | 21.72% | 28.04% | 25.80% | 26.27% | 28.26% | 26.48% | 18.26% | 31.14% | 33.61% | |
| Net Profit | 2.03 | 1.96 | 1.73 | 1.54 | 2.09 | 1.60 | 1.31 | 1.86 | 4.62 | 2.30 | 2.38 | 1.17 |
| EPS in Rs | 4.14 | 3.99 | 3.52 | 3.14 | 4.26 | 3.26 | 2.67 | 3.79 | 9.41 | 4.69 | 4.85 | 2.38 |
| Dividend Payout % | 0.00% | 20.04% | 22.71% | 25.51% | 0.00% | 0.00% | 0.00% | 0.00% | 10.63% | 21.35% | 20.63% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 3% | 13% | 7% | 12% | ||
| Compounded Profit Growth | 1% | 8% | 8% | -41% | ||
| Stock Price CAGR | 5% | 9% | 7% | -26% | ||
| Return on Equity | 6% | 5% | 6% | 5% |
| 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 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 | 4.91 |
| Reserves | 19.06 | 21.09 | 23.31 | 24.56 | 25.63 | 27.25 | 28.85 | 30.16 | 32.08 | 36.21 | 38.01 | 39.90 |
| Borrowings | 1.50 | 0.23 | 0.16 | 0.05 | 0.70 | 0.06 | 0.01 | 0.00 | 0.61 | 0.28 | 0.71 | 0.85 |
| Other Liabilities | 10.00 | 7.76 | 8.85 | 9.24 | 7.48 | 8.90 | 5.20 | 8.10 | 5.27 | 6.81 | 6.79 | 6.40 |
| Total Liabilities | 35.47 | 33.99 | 37.23 | 38.76 | 38.72 | 41.12 | 38.97 | 43.17 | 42.87 | 48.21 | 50.42 | 52.06 |
| Fixed Assets | 15.70 | 14.87 | 14.48 | 14.53 | 14.52 | 14.51 | 15.34 | 14.87 | 15.01 | 14.28 | 14.88 | 14.43 |
| CWIP | 0.03 | 0.09 | 0.22 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.19 | 0.04 | 0.03 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 19.74 | 19.03 | 22.53 | 24.22 | 24.20 | 26.61 | 23.63 | 28.30 | 27.74 | 33.74 | 35.50 | 37.60 |
| Total Assets | 35.47 | 33.99 | 37.23 | 38.76 | 38.72 | 41.12 | 38.97 | 43.17 | 42.87 | 48.21 | 50.42 | 52.06 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1.14 | 4.86 | 3.76 | 1.27 | 1.26 | 3.89 | -6.82 | 2.46 | -1.93 | 7.92 | 0.19 | 4.69 |
| Cash from Investing Activity | -0.53 | -0.36 | -0.78 | -0.73 | -0.63 | -0.68 | -1.57 | -0.31 | -0.98 | -0.70 | -1.84 | -0.96 |
| Cash from Financing Activity | -0.89 | -0.33 | -0.10 | -0.63 | 0.60 | -0.70 | -0.07 | -0.04 | 0.58 | -0.35 | 0.39 | 0.07 |
| Net Cash Flow | -0.28 | 4.16 | 2.88 | -0.08 | 1.23 | 2.52 | -8.46 | 2.12 | -2.33 | 6.87 | -1.27 | 3.80 |
| Free Cash Flow | 0.61 | 4.50 | 2.98 | 0.54 | 0.63 | 3.21 | -8.39 | 2.15 | -2.96 | 7.71 | -1.16 | 4.22 |
| CFO/OP | 55% | 162% | 153% | 83% | 109% | 206% | -359% | 235% | -60% | 292% | 45% | 201% |
| 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 | 84.14 | 72.67 | 81.95 | 97.79 | 90.19 | 96.17 | 104.62 | 94.54 | 84.89 | 76.83 | 78.76 | 84.55 |
| Inventory Days | 67.39 | 51.75 | 51.13 | 63.62 | 40.37 | 50.70 | 37.75 | 45.47 | 38.03 | 40.07 | 48.44 | 41.29 |
| Days Payable | 86.63 | 63.75 | 92.44 | 108.57 | 72.05 | 103.49 | 56.12 | 65.99 | 38.26 | 51.45 | 47.78 | 40.42 |
| Cash Conversion Cycle | 64.91 | 60.66 | 40.64 | 52.84 | 58.51 | 43.39 | 86.25 | 74.01 | 84.65 | 65.45 | 79.42 | 85.42 |
| Working Capital Days | 64.59 | 55.12 | 46.44 | 66.19 | 63.46 | 57.62 | 83.78 | 75.10 | 76.56 | 65.74 | 71.17 | 76.24 |
| ROCE % | 9.09% | 12.22% | 11.21% | 8.01% | 7.21% | 9.14% | 6.64% | 5.49% | 7.10% | 8.96% | 8.02% | 8.13% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 41.58% | 41.58% | 41.28% | 41.28% | 41.28% | 41.28% | 41.28% | 41.28% | 41.28% | 41.28% | 41.28% | 41.28% |
| DIIs | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Government | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.09% | 0.09% | 0.09% | 0.09% |
| Public | 58.21% | 58.21% | 58.52% | 58.51% | 58.51% | 58.51% | 58.53% | 58.57% | 58.54% | 58.53% | 58.52% | 58.53% |
| No. of Shareholders | 3,399 | 3,379 | 3,494 | 3,736 | 3,872 | 4,130 | 4,267 | 3,881 | 3,845 | 3,787 | 3,755 | 3,713 |
Fundamentals
Market Cap₹ 28.0 Cr.
Current Price₹ 57.0
Stock P/E21.0
Book Value₹ 91.3
ROCE8.13 %
ROE5.36 %
Dividend Yield1.75 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)-41%
Standalone figures.
Valuation
Market capRs 28 Cr
Enterprise valueRs 17 Cr
P/E (TTM)23.83x
Price to book0.62x
Price to sales0.51x
EV / EBITDA5.55x
EV / EBIT7.93x
EV / sales0.32x
Price to cash flow5.94x
Earnings yield4.20%
Dividend yield1.76%
P/E, 3-year average10.44x
P/B, 3-year average0.69x
P/E, 5-year average10.98x
P/B, 5-year average0.62x
Profitability
Operating margin (excl. other income)5.63%
Operating margin (incl. other income)8.95%
EBITDA margin5.78%
Pre-tax margin3.85%
Net profit margin2.15%
Net margin, latest quarter0.20%
ROE5.43%
ROCE8.20%
ROA4.64%
ROE, 3-year average7.58%
ROCE, 3-year average10.22%
ROA, 3-year average6.48%
ROE, 5-year average6.34%
ROCE, 5-year average8.65%
ROA, 5-year average5.39%
ROIC (approx.)4.25%
Tax rate33.61%
Other income / net worth3.82%
Growth
Sales growth (latest year)4.77%
Profit growth (latest year)3.48%
Sales CAGR, 3 years6.54%
Sales CAGR, 5 years13.03%
Profit CAGR, 3 years8.56%
Profit CAGR, 5 years8.27%
Sales growth QoQ-0.47%
Profit growth QoQ-92.31%
Sales growth YoY (latest quarter)24.83%
Profit growth YoY (latest quarter)-95.95%
Per share
EPS (TTM)Rs 2.38
EPS (latest year)Rs 4.85
EPS (latest quarter)Rs 0.06
EPS, 3-year averageRs 6.32
EPS, 5-year averageRs 5.08
Book value per shareRs 91.29
Sales per shareRs 110.63
Cash flow per shareRs 9.55
Free cash flow per shareRs 8.60
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout20.59%
Dividend payout, 3-year average17.50%
Dividend payout, 5-year average17.50%
Efficiency
Asset turnover0.99x
Fixed asset turnover3.56x
Inventory turnover9.78x
Inventory days37 days
Debtor days85 days
Debtors turnover4.32x
Creditor days40 days
Cash conversion cycle85 days
Working capital days76 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 11 Cr
Net debtRs -10 Cr
Debt to equity0.02x
Net debt / EBITDA-3.32x
Interest coverage20.00x
Owners' fund to total sources86.07%
Debt to assets1.63%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs 4 Cr
Cash from ops / profit, 5 years1.07x
Sales to cash flow10.95x
Statement figures
Net sales (TTM)Rs 54 Cr
Net sales (latest year)Rs 51 Cr
Sales (latest quarter)Rs 15 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 37 Cr
Total expenditure (latest year)Rs 48 Cr
Total income (latest year)Rs 53 Cr
Share capitalRs 5 Cr
ReservesRs 40 Cr
Shareholders' fundsRs 45 Cr
Total assetsRs 52 Cr
Net blockRs 14 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 12 Cr
InventoryRs 4 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)0.49
Ownership
Promoter holding41.28% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 23.8 is at the 96th percentile of its own 9.4-year range
(median 11.5, low 5.1, high 24.4).
P/B 0.62 is at the 50th percentile (median 0.62).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 524080 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.4% | -2.8% | +2.4 pts |
| 1 month | -3.7% | -6.8% | +3.1 pts |
| 3 months | -12.5% | -7.6% | -4.8 pts |
| 3 years | +22.5% | +14.2% | +8.4 pts |
| 5 years | +53.3% | +27.9% | +25.4 pts |
Red flags
F-score 7 of 8| look | Profit leans on other income Other income was 48% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹15 Cr +24.8% vs Jun 2025.
Net profit ₹0 Cr -95.9%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| SRF Ltd | 71,738 | 32.0 | 14.6 % |
| Deepak Fertilisers & Petrochemicals Corp Ltd | 16,523 | 16.8 | 11.4 % |
| Tata Chemicals Ltd | 15,638 | 3.42 % | |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd | 8,985 | 8.66 | 12.0 % |
| Tanfac Industries Ltd | 7,226 | 107 | 23.9 % |
| Gujarat Alkalies & Chemicals Ltd | 4,606 | 69.4 | 1.42 % |
| Grauer & Weil (India) Ltd | 3,744 | 23.4 | 20.6 % |
| GHCL Ltd | 3,724 | 8.16 | 17.4 % |
| J.G.Chemicals Ltd | 2,576 | 34.3 | 18.1 % |
| Thirumalai Chemicals Ltd | 1,834 | -3.15 % | |
| I G Petrochemicals Ltd | 1,801 | 22.1 | 3.11 % |
| Indo Borax & Chemicals Ltd | 1,569 | 32.0 | 15.4 % |
| Innovassynth Technologies (India) Ltd | 1,405 | -16.4 % | |
| Citurgia Biochemicals Ltd | 1,380 | % | |
| Vikram Thermo (India) Ltd | 1,320 | 30.1 | 36.2 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Haryana Leather Chemicals Ltd?
Haryana Leather Chemicals Ltd (524080) has a market capitalisation of Rs 28.0 Cr. at the 2026-10-01 close.
What is the P/E ratio of Haryana Leather Chemicals Ltd?
Haryana Leather Chemicals Ltd trades at a P/E of 21.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Haryana Leather Chemicals Ltd's latest quarterly results?
In the Jun 2026 quarter, Haryana Leather Chemicals Ltd sales was Rs 15 Cr (+24.8% vs Jun 2025) and net profit was Rs 0 Cr.