MarketFriction

Hindprakash Industries Ltd

NSE HPIL · BSE 543645 · Dyes And Pigments
₹114.44 -0.81%
NSE close2026-10-01
52 week range107.00 - 154.45
Market cap₹132 Cr.
P/E37.7
IPO 2020 · +186% since Price band 20% Delivery 100.0%

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

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales30.0415.2126.7622.4820.2920.4638.5830.1531.3322.7730.8026.57
Expenses29.5913.8325.9921.7619.9119.7537.7629.6330.8922.0431.5129.32
Operating Profit0.451.380.770.720.380.710.820.520.440.73-0.71-2.75
OPM %1.50%9.07%2.88%3.20%1.87%3.47%2.13%1.72%1.40%3.21%-2.31%-10.35%
Other Income0.360.320.370.371.270.500.540.720.651.164.084.56
Interest0.670.660.640.630.660.690.681.000.791.201.001.06
Depreciation0.110.110.110.100.100.100.100.100.100.100.100.11
Profit before tax0.030.930.390.360.890.420.580.140.200.592.270.64
Tax %66.67%24.73%35.90%27.78%25.84%26.19%25.86%28.57%30.00%25.42%8.37%-34.38%
Net Profit0.010.690.250.260.660.300.420.100.140.432.070.86
EPS in Rs0.010.660.220.230.580.260.370.090.120.381.810.75
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8386879710590104101100102115111
Expenses7981839210087100979699113114
Operating Profit45545344432-2
OPM %5%5%5%4.3%4.4%3.3%3.6%3.8%3.9%2.6%1.7%-2.0%
Other Income0001221213610
Interest111111123344
Depreciation000000000000
Profit before tax334453432234
Tax %34%34%34%29%29%25%26%26%28%26%14%
Net Profit222332322234
EPS in Rs8.919.9310.763.793.262.312.622.361.341.442.413.06
Dividend Payout %1%0%0%1%31%43%38%21%37%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth3%5%5%2%
Compounded Profit Growth%%%136%
Stock Price CAGR%18%-1%-12%
Return on Equity6%3%1%-1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2222810101010111111
Reserves81012151224262832394043
Borrowings159111115610921223033
Other Liabilities1179313171081612114
Total Liabilities362935314857565680859391
Fixed Assets33331111121115151515
CWIP000001230000
Investments000000005575
Other Assets332531283744434260657172
Total Assets362935314857565680859391
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6-01-1-1-2353-4-9
Cash from Investing Activity-1-00-7101-13-8211
Cash from Financing Activity-71-1802-3845-1
Net Cash Flow-200-00-001-13-0
Free Cash Flow5-11-9-2-4233-5-9
CFO/OP164%15%37%23%-1%-60%106%154%93%-143%-419%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days74557056837795821189511394
Inventory Days484147464352666064798154
Days Payable51314011323816125845389
Cash Conversion Cycle716577909591144130123130156139
Working Capital Days264048574994112112676298105
ROCE %23%18%20%18%17%16%10%10%9%7%5%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.85%74.66%74.95%74.95%74.95%74.85%74.85%74.85%74.85%74.85%74.85%74.85%
Public25.16%25.35%25.05%25.06%25.06%25.15%25.14%25.16%25.16%25.15%25.14%25.14%
No. of Shareholders2,4162,3032,7212,7942,9023,3553,4713,3743,5053,2393,0993,094

Fundamentals

Market Cap₹ 132 Cr.
Current Price₹ 115
Stock P/E37.7
Book Value₹ 47.6
ROCE5.48 %
ROE-0.92 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)136%
Standalone figures.
Valuation
Market capRs 131 Cr
Enterprise valueRs 160 Cr
P/E (TTM)37.35x
Price to book2.40x
Price to sales1.17x
EV / EBITDA19.62x
EV / EBIT20.66x
EV / sales1.44x
Earnings yield2.68%
P/E, 3-year average77.94x
P/B, 3-year average2.73x
P/E, 5-year average57.43x
P/B, 5-year average2.31x
Profitability
Operating margin (excl. other income)1.73%
Operating margin (incl. other income)6.62%
EBITDA margin7.32%
Pre-tax margin3.32%
Net profit margin3.14%
Net margin, latest quarter3.24%
ROE5.18%
ROCE8.52%
ROA2.98%
ROE, 3-year average3.90%
ROCE, 3-year average7.27%
ROA, 3-year average2.23%
ROE, 5-year average5.02%
ROCE, 5-year average8.16%
ROA, 5-year average3.04%
ROIC (approx.)7.97%
Tax rate13.79%
Other income / net worth10.34%
Growth
Sales growth (latest year)13.00%
Profit growth (latest year)67.68%
Sales CAGR, 3 years4.51%
Sales CAGR, 5 years5.02%
Profit CAGR, 3 years3.78%
Profit CAGR, 5 years2.67%
Sales growth QoQ-13.73%
Profit growth QoQ-58.45%
Sales growth YoY (latest quarter)-11.87%
Profit growth YoY (latest quarter)760.00%
Per share
EPS (TTM)Rs 3.06
EPS (latest year)Rs 2.41
EPS (latest quarter)Rs 0.75
EPS, 3-year averageRs 1.73
EPS, 5-year averageRs 2.03
Book value per shareRs 47.64
Sales per shareRs 97.57
Cash flow per shareRs -8.05
Free cash flow per shareRs -7.88
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.67
Dividends
Dividend payout, 3-year average37.25%
Dividend payout, 5-year average32.16%
Efficiency
Asset turnover1.26x
Fixed asset turnover7.66x
Inventory turnover6.90x
Inventory days53 days
Debtor days94 days
Debtors turnover3.88x
Creditor days9 days
Cash conversion cycle139 days
Working capital days105 days
Leverage
Total debtRs 33 Cr
Cash and bankRs 3 Cr
Net debtRs 29 Cr
Debt to equity0.60x
Net debt / EBITDA3.60x
Interest coverage1.91x
Owners' fund to total sources59.58%
Debt to assets35.86%
Cash flow
Cash from Operating Activity (latest year)Rs -9 Cr
Cash from Investing Activity (latest year)Rs 11 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -9 Cr
FCFE (approx.: FCF + change in debt)Rs -6 Cr
Cash from ops / profit, 5 years-0.17x
Statement figures
Net sales (TTM)Rs 111 Cr
Net sales (latest year)Rs 115 Cr
Sales (latest quarter)Rs 27 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs -3 Cr
Other income (TTM)Rs 10 Cr
EBITDA (TTM)Rs 8 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 103 Cr
Total expenditure (latest year)Rs 113 Cr
Total income (latest year)Rs 121 Cr
Share capitalRs 11 Cr
ReservesRs 43 Cr
Shareholders' fundsRs 54 Cr
Total assetsRs 91 Cr
Net blockRs 15 Cr
InvestmentsRs 5 Cr
ReceivablesRs 30 Cr
InventoryRs 15 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)1.14
Ownership
Promoter holding74.85% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 37.4 is at the 35th percentile of its own 6.5-year range (median 42.2, low 14.1, high 162.0).
P/B 2.40 is at the 27th percentile (median 2.73).
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.
PeriodHPILNifty 50Difference
1 week-1.8%-2.8% +1.0 pts
1 month-6.5%-6.8% +0.3 pts
3 months-8.4%-7.6% -0.8 pts
6 months-3.8%+0.4% -4.2 pts
1 year-15.0%-9.9% -5.0 pts
2 years-21.5%-13.6% -7.9 pts
3 years-4.5%+14.2% -18.7 pts
5 years+122.6%+27.9% +94.8 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -175% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 13% of total assets in 2026
lookProfit leans on other income Other income was 176% 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 2026
Sales ₹27 Cr -11.9% vs Jun 2025. Net profit ₹1 Cr +760.0%.

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2024-09-06Dividend - Re 0.50 Per Share
2023-09-28Dividend - Re 0.50 Per Share
DateTypeWhat it says
2026-09-29Shareholder meetingVoting results.
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-09-17UpdatesAppoitment of KMP under regulation 30(5) of LODR.
2026-09-17Change in Company Secretary/Change in Company Secretary/Compliance Officer
2026-09-17Board meeting outcomeOutcome of Board Meeting held on September 17, 2026.
2026-09-03Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-08-13General UpdatesNewspaper Publication of Unaudited Financial results for the Quarter Ended on 30th June, 2026.
2026-08-12Board meeting outcomeHindprakash Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-12Board meeting outcomeHindprakash Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-30ResignationResignation of Director/KMP/SMP
2026-06-30ResignationResignation of Director/KMP/SMP
2026-06-30ResignationResignation of Mr Utsav Trivedi as Company Secretary & Compliance Officer of the company w.e.f. Jun 30, 2026.
2026-06-30Board meeting outcomeOutcome of Board Meeting held on Jun 30, 2026.
2026-05-28Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-05-28AppointmentAppointment of Mr M/s. A.G Tulsian & Co. as Cost Auditor of the Company of the company w.e.f. May 28, 2026.
2026-05-28Board meeting outcomeHindprakash Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-21Shareholder meetingVoting results.
2026-04-21Shareholder meetingProceedings of Postal Ballot
2026-04-08Disclosure under SEBI TakeovSanjay Prakash Mangal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substan...
2026-03-20Shareholder meetingNotice of Postal Ballot
2026-03-18Board meeting outcomeOutcome of Board Meeting held on March 18, 2026.
2026-02-13Board meeting outcomeHindprakash Industries Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-11-14Board meeting outcomeHindprakash Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
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
2019-09-18NCLATHindprakash Industries Pvt. Ltd. VS Modern Syntax (India) 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 daysScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Hindprakash Industries Ltd?

Hindprakash Industries Ltd (HPIL) has a market capitalisation of Rs 132 Cr. at the 2026-10-01 close.

What is the P/E ratio of Hindprakash Industries Ltd?

Hindprakash Industries Ltd trades at a P/E of 37.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Hindprakash Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Hindprakash Industries Ltd sales was Rs 27 Cr (-11.9% vs Jun 2025) and net profit was Rs 1 Cr.

What is the 52-week high and low of Hindprakash Industries Ltd?

The 52-week high is Rs 154.45 and the 52-week low is Rs 107.00.

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