MarketFriction

Hindustan Composites Ltd

NSE HINDCOMPOS · BSE 509635 · Auto Components & Equipments
₹380.80 -0.13%
NSE close2026-10-01
52 week range347.10 - 550.00
Market cap₹557 Cr.
P/E31.8
Price band 20% Delivery 63.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales71.7271.6978.5777.1576.9581.8389.1514.6288.5894.5118.0520.05
Expenses58.2260.6766.3163.6164.0465.6972.9211.5178.0579.6815.6017.51
Operating Profit13.5011.0212.2613.5412.9116.1416.233.1110.5314.832.452.54
OPM %18.82%15.37%15.60%17.55%16.78%19.72%18.21%21.27%11.89%15.69%13.57%12.67%
Other Income0.640.010.220.050.170.02-3.945.920.00-2.919.596.75
Interest0.040.010.000.030.020.020.010.000.080.060.000.00
Depreciation2.322.532.462.512.602.632.590.912.922.991.010.96
Profit before tax11.788.4910.0211.0510.4613.519.698.127.538.8711.038.33
Tax %15.62%23.91%20.46%21.54%11.19%18.80%37.36%8.13%29.88%24.80%-6.07%-4.20%
Net Profit9.946.467.978.679.2910.976.077.465.286.6711.708.68
EPS in Rs6.734.375.405.876.297.434.115.053.584.527.925.88
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales153166199197178185233283298325375221
Expenses123129165173160158199242246266319191
Operating Profit303734241826334152595630
OPM %20%22%17%12%10%14%14%14%17%18%15%14%
Other Income-210206010-4-313
Interest000000000000
Depreciation7899109991010128
Profit before tax22302617924253343454136
Tax %15%23%11%-5%-20%16%13%16%19%22%24%
Net Profit192323181020222734353132
EPS in Rs12.6115.6815.5811.887.0913.3514.6318.6023.3023.7021.0621.90
Dividend Payout %3%1%3%17%28%15%14%11%9%8%9%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth9%15%10%-16%
Compounded Profit Growth6%18%7%-53%
Stock Price CAGR-4%3%-4%-16%
Return on Equity3%3%4%3%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital55777777777
Reserves6276837257467548109109139791,0771,138
Borrowings55546001002
Other Liabilities6284888984105857894112117
Total Liabilities6997768258478519221,0021,0001,0811,1961,264
Fixed Assets120124122125122116113111138134151
CWIP00000000040
Investments4705366056086166877968078729621,006
Other Assets1091169811311311993827196107
Total Assets6997768258478519221,0021,0001,0811,1961,264
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity610503392216403021
Cash from Investing Activity-4-8-52-250-13-21-35-18-30
Cash from Financing Activity-1-1-1-3-1-9-3-2-4-3-4
Net Cash Flow11-2-1617-819-12
Free Cash Flow-5-243-8-4131610424-1
CFO/OP44%39%164%26%20%52%86%58%92%70%62%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6359636370825851455761
Inventory Days5158535466594838413044
Days Payable101166164153169205157115133138112
Cash Conversion Cycle14-49-48-36-34-64-51-26-47-50-6
Working Capital Days781079998961383539223439
ROCE %5%4%2%1%2%3%4%5%5%4%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%
FIIs0.04%0.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public24.97%24.98%25.01%25.00%25.01%25.00%25.00%25.01%25.02%25.02%25.02%24.99%
No. of Shareholders15,32915,48315,40615,57316,17315,37815,34115,20715,15414,83814,69014,936

Fundamentals

Market Cap₹ 557 Cr.
Current Price₹ 378
Stock P/E31.8
Book Value₹ 775
ROCE3.94 %
ROE2.97 %
Dividend Yield0.53 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-16%
Compounded Profit Growth (TTM)-53%
Consolidated figures.
Valuation
Market capRs 562 Cr
Enterprise valueRs 562 Cr
P/E (TTM)17.40x
Price to book0.49x
Price to sales2.54x
EV / EBITDA12.80x
EV / EBIT15.59x
EV / sales2.54x
Price to cash flow26.62x
Earnings yield5.75%
Dividend yield0.52%
P/E, 3-year average17.14x
P/B, 3-year average0.54x
P/E, 5-year average16.56x
P/B, 5-year average0.49x
Profitability
Operating margin (excl. other income)14.82%
Operating margin (incl. other income)14.12%
EBITDA margin19.86%
Pre-tax margin16.17%
Net profit margin14.62%
Net margin, latest quarter43.29%
ROE2.79%
ROCE3.67%
ROA2.53%
ROE, 3-year average3.26%
ROCE, 3-year average4.16%
ROA, 3-year average2.97%
ROE, 5-year average3.05%
ROCE, 5-year average3.78%
ROA, 5-year average2.78%
ROIC (approx.)2.41%
Tax rate23.54%
Other income / net worth-0.23%
Growth
Sales growth (latest year)15.36%
Profit growth (latest year)-11.11%
Sales CAGR, 3 years9.88%
Sales CAGR, 5 years15.23%
Profit CAGR, 3 years4.24%
Profit CAGR, 5 years9.55%
Sales growth QoQ11.08%
Profit growth QoQ-25.81%
Sales growth YoY (latest quarter)37.14%
Profit growth YoY (latest quarter)16.35%
Per share
EPS (TTM)Rs 21.89
EPS (latest year)Rs 21.06
EPS (latest quarter)Rs 5.88
EPS, 3-year averageRs 22.69
EPS, 5-year averageRs 20.26
Book value per shareRs 775.49
Sales per shareRs 149.77
Cash flow per shareRs 14.31
Free cash flow per shareRs -0.68
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 2.00
Dividend per share, 5-year averageRs 2.00
Dividends
Dividend payout9.48%
Dividend payout, 3-year average8.83%
Dividend payout, 5-year average10.18%
Efficiency
Asset turnover0.30x
Fixed asset turnover2.49x
Inventory turnover10.96x
Inventory days33 days
Debtor days61 days
Debtors turnover5.94x
Creditor days112 days
Cash conversion cycle-6 days
Working capital days39 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 2 Cr
Net debtRs -0 Cr
Debt to equity0.00x
Net debt / EBITDA-0.01x
Interest coverage128.71x
Owners' fund to total sources90.58%
Debt to assets0.13%
Cash flow
Cash from Operating Activity (latest year)Rs 21 Cr
Cash from Investing Activity (latest year)Rs -30 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs -12 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years0.87x
Sales to cash flow17.75x
Statement figures
Net sales (TTM)Rs 221 Cr
Net sales (latest year)Rs 375 Cr
Sales (latest quarter)Rs 20 Cr
Operating profit excl. other income (latest year)Rs 56 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs -3 Cr
EBITDA (TTM)Rs 44 Cr
PBDT (TTM)Rs 44 Cr
Profit before tax (TTM)Rs 36 Cr
Tax (latest year)Rs 10 Cr
Net profit (TTM)Rs 32 Cr
Net profit (latest year)Rs 31 Cr
Net profit (latest quarter)Rs 9 Cr
Depreciation (TTM)Rs 8 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 229 Cr
Total expenditure (latest year)Rs 319 Cr
Total income (latest year)Rs 372 Cr
Share capitalRs 7 Cr
ReservesRs 1,138 Cr
Shareholders' fundsRs 1,145 Cr
Total assetsRs 1,264 Cr
Net blockRs 151 Cr
InvestmentsRs 1,006 Cr
ReceivablesRs 63 Cr
InventoryRs 21 Cr
Other liabilitiesRs 117 Cr
Shares outstanding (crore)1.48
Ownership
Promoter holding74.97% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 17.4 is at the 17th percentile of its own 9.4-year range (median 21.6, low 9.2, high 44.5).
P/B 0.49 is at the 28th percentile (median 0.58).
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.
PeriodHINDCOMPOSNifty 50Difference
1 week-0.3%-2.8% +2.5 pts
1 month-6.0%-6.8% +0.8 pts
3 months-14.9%-7.6% -7.3 pts
6 months+9.3%+0.4% +8.9 pts
1 year-19.3%-9.9% -9.4 pts
2 years-32.8%-13.6% -19.3 pts
3 years-9.4%+14.2% -23.6 pts
5 years+17.0%+27.9% -10.9 pts

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 5500% while net profit fell in 2026
lookAuditor change Auditor change 2026-04-23: Hindustan Composites Limited has informed the Exchange regarding Change in Auditors of the company.
lookRegulator order or action Regulator order or action 2026-04-08: Hindustan Composites Limited has informed the Exchange about Action(s) taken or orders passed regarding update on Waiver Application and fin
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 2026
Sales ₹20 Cr +37.1% vs Jun 2025. Net profit ₹9 Cr +16.4%.
Against our estimate for Jun 2026: sales +102.1%, profit +201.2% beat. Our estimate for Sep 2026: sales Rs 70 Cr, profit Rs 18 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-22Dividend - Rs 2 Per Share
2025-09-18Dividend - Rs 2 Per Share
2024-09-20Annual General Meeting/Dividend - Rs 2 Per Share
2023-09-22Annual General Meeting/Dividend - Rs 2 Per Share
2022-09-21Annual General Meeting/Dividend - Rs 2 Per Share
2021-09-21 Annual General Meeting/Dividend - Rs 2 Per Share
2020-09-21 Annual General Meeting/Dividend - Rs 2 Per Share
2019-08-21 Annual General Meeting/Dividend - Rs 2 Per Share
2018-08-21 Annual General Meeting/Dividend Re 0.50 Per Share
2017-09-04 Annual General Meeting/Dividend - Re 0.50 Per Share
2017-05-25 Bonus 1:2/Face Value Split (Sub-Division) From Rs 10 Per Share To Rs 5 Per Share0.3333
2016-08-31 Annual General Meeting/Dividend Re 1/- Per Share
2015-09-10 Annual General Meeting/Dividend Re 1/- Per Share
2014-08-26Annual General Meeting / Dividend - Rs 2/- Per Share
2013-08-22Annual General Meeting And Dividend Re.1/- Per Share
2012-08-02Annual General Meeting / Dividend Rs 2/- Per Share
2011-08-03Annual General Meeting And Dividend Rs.2/- Per Share
2010-09-01Annual General Meeting, Final Dividend Rs.2.50 Per Share And Special Dividend Rs.7.50 Per Share
2009-09-03Annual General Meeting
2008-09-22Annual General Meeting
2007-08-27Agm
2006-08-24Agm/Dividend-10%
DateTypeWhat it says
2026-09-30Change in ManagementChange in Management regarding appointment of Secretarial Auditors in 62nd AGM
2026-09-30Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of 62nd Annual General Meeting held on September 29, 2026
2026-09-03General UpdatesLetter to Members under Regulation 36(1)(b) of the Listing Regulations providing weblink to access Annual Report 2025-26 and Notice of 62nd AGM
2026-09-02Record DateRecord date for the purpose of Dividend is 22-Sep-2026.
2026-09-02Shareholder meetingNotice of 62nd Annual General Meeting to be held on September 29, 2026 and Annual Report 2025-26
2026-08-20Change in ManagementChange in Management
2026-08-20Director changeChange in Director(s) of the company.
2026-08-20Disclosure of material issueHindustan Composites Limited has informed regarding Disclosure of material issue about Completion of Slump Sale of Friction Business Undertaking
2026-08-11General UpdatesGeneral Updates that Members have approved the slump sale of Friction Business Undertaking
2026-08-11Shareholder meetingVoting results.
2026-08-05Reply to Clarification- FinaThe Exchange had sought clarification from Hindustan Composites Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (L...
2026-08-04Credit RatingCredit Rating
2026-07-31Clarification - Financial ReThe Exchange has sought clarification from Hindustan Composites Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (L...
2026-07-23General UpdatesDividend Updates
2026-07-23Board meeting outcomeOutcome of Board Meeting held on July 23, 2026. inter alia regarding recommendation for appointment of Secretarial Auditors
2026-07-23Board meeting outcomeOutcome of Board Meeting held on July 23, 2026.
2026-07-23Board meeting outcomeHindustan Composites Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-10Change in ManagementResignation of Secretarial Auditors
2026-07-09Shareholder meetingNotice of Postal Ballot
2026-06-30Disclosure of material issueHindustan Composites Limited has informed regarding Disclosure of material issue regarding sale of business undertaking
2026-06-30Board meeting outcomeOutcome of Board Meeting held on Jun 30, 2026.
2026-05-22Disclosure under SEBI TakeovRasoi Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisi...
2026-05-04Reply to Clarification- FinaThe Exchange had sought clarification from Hindustan Composites Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (L...
2026-04-28Clarification - Financial ReThe Exchange has sought clarification from Hindustan Composites Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (L...
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.
Order dateForumCase
2020-10-19NCLATHindustan Composites Ltd & Ors VS Sundaram Brake Linings Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Hindustan Composites Ltd?

Hindustan Composites Ltd (HINDCOMPOS) has a market capitalisation of Rs 557 Cr. at the 2026-10-01 close.

What is the P/E ratio of Hindustan Composites Ltd?

Hindustan Composites Ltd trades at a P/E of 31.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Hindustan Composites Ltd's latest quarterly results?

In the Jun 2026 quarter, Hindustan Composites Ltd sales was Rs 20 Cr (+37.1% vs Jun 2025) and net profit was Rs 9 Cr.

What is the 52-week high and low of Hindustan Composites Ltd?

The 52-week high is Rs 550.00 and the 52-week low is Rs 347.10.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03