HINDCON

Hindcon Chemicals Limited

Listed company · ISIN INE642Y01029 · NSE EQ · FV ₹2
Last price
₹24
-0.13%today
What this company does

Hindcon Chemicals Limited is a listed company. It booked ₹21 cr of revenue in its latest quarter (Q1 FY27) and kept 11.5% of sales as profit.

In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns71

How much profit it earns on the money it employs

Balance sheet73

How much it owes, and whether earnings cover the interest

Cash quality35

Whether reported profit actually arrives as cash

Growth & consistency34

Whether sales and profit have grown, and how steadily

Valuation75

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
A mixed picture
Strengths
Makes a profit
Sales up 43% vs last year
Profit up 81% vs last year
Promoters hold 69%
No promoter shares pledged
Strong 17% return on equity
Watch-outs
! Operating cash flow is negative

What if I invest in HINDCON?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹24 -0.13%
latest close · 2026-09-17
52-wk low ₹2042 sessions so far52-wk high ₹26
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio9.4Low
LowAverageHigh
P/B ratio1.60Moderate
Below bookModerateHigh
EV / EBITDA6.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity17.1%Strong
WeakFairStrong ▸15%
Return on capital23.2%Strong
WeakFairStrong
Net margin11.5%Decent
ThinDecentStrong
EBITDA margin17.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.19Comfortable
LowModerateHigh ▸1
Interest cover31.3×Strong
RiskyOkayStrong ▸5×
Current ratio3.46Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹91 cr
Book value
₹15
EPS
₹0.63
latest quarter
Net debt
₹3 cr
owes more than its cash
Enterprise value
₹95 cr
EBITDA
₹15 cr
annualised
EBIT
₹14 cr
annualised
Operating margin
15.9%
Return on assets
12.8%
Earnings yield
10.62%
P/S
1.07
Sales / share
₹22.1
Tax rate
28.8%
Face value
₹2
Shares
3.9 cr
Working capital
₹44 cr
Current assets
₹62 cr
Current liabilities
₹18 cr
Delivery %
68.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹6₹8, midpoint ₹7

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹21 cr
Other Income₹62.1 L
Total Income₹22 cr
Cost of Materials₹15 cr
Purchases of Stock-in-Trade₹26.7 L
Inventory Change (±)₹0.43 L
Employee Benefit Expense₹2 cr
Finance Costs₹10.8 L
Depreciation & Amortisation₹28.3 L
Other Expenses₹2 cr
Total Expenses₹19 cr
Profit before Tax₹3 cr
Tax Expense₹94.7 L
Net Profit₹2 cr
Net margin on total income10.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹15 cr67.8%
Employee benefit expense₹2 cr6.9%
Finance costs₹10.8 L0.5%
Depreciation & amortisation₹28.3 L1.3%
Other expenses₹2 cr8.5%
Tax expense₹94.7 L4.3%
Profit for the period₹2 cr10.7%
Total income ₹22 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue14 cr21 cr21 cr
Total income15 cr21 cr22 cr
Expenses14 cr20 cr19 cr
Profit before tax43.4 L1 cr3 cr
Tax18.8 L35.2 L94.7 L
Net profit (owners' share)32.3 L82.7 L2 cr
Net margin (owners' share, on revenue)2.3%4.0%11.5%
EPS (₹)0.080.220.63
YoY (latest quarter): total income +43.1% · net profit +81.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹76 cr
Shareholder equity
₹57 cr
parent shareholders
Total debt
₹11 cr
Cash
₹8 cr
Cash flow · H1 FY26
Operating
₹-2 cr
Investing
₹-8 cr
Financing
₹6 cr
Who owns it · 2026-06-30
No pledge
Promoter
68.8%
Public
31.2%
Promoter stake up 0.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSANJAY GOENKA · Promoter5,000 · ₹1.2 L16 Sep 26
BoughtHINDCON SOLUTIONS PRIVATE LIMITED · Promoter1,859 · ₹43,54511 Sep 26
BoughtHINDCON SOLUTIONS PRIVATE LIMITED · Promoter2,000 · ₹47,8404 Sep 26
Bulk / block deals
BoughtV K MERCANTILE PRIVATE LIMITED · NSE53,405 @ ₹84.8813 Apr 23
SoldARISTRO CAPITAL MARKETS LIMITED · NSE62,000 @ ₹85.5813 Apr 23
SoldMULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED · NSE1.33 L @ ₹121.2818 Oct 22
Stake changes
BoughtHindcon Solutions Privat Ltd · promoter→ 24.78% · 4,01831 Aug 26
BoughtHindcon Solutions Privat Ltd · promoter→ 24.77% · 4,71428 Aug 26
BoughtHindcon Solutions Privat Ltd · promoter→ 24.76% · 3,67524 Aug 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 20 Aug 2026
See the official result
1
Adoption of the Standalone and Consolidated Financial Statement of the Company including Audited Balance Sheet as at 31st March, 2026, Audited Statement of Profit and Loss and the Cash Flow Statement for the year ended as on that date together with Report of Directors’ and Auditors’ thereon.
Backed by 100% of shareholders other than promotersneeded 50%
19.30 L votes for, 1,032 against
2
Appointment of a Director in place of Ms. Nilima Goenka (DIN: 00848225), retiring by rotation and being eligible, offered herself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
19.30 L votes for, 1,032 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 68.8% between them · as of 2026-06-30
HINDCON SOLUTIONS PRIVATE LIMITED24.74%
SANJAY GOENKA18.97%
NILIMA GOENKA14.36%
VANSH GOENKA5.73%
SANJAY GOENKA & OTHERS4.99%
LAAVANYA GOENKA0.02%
Business done with them
FY2025 · 3 of the group
The company paid ₹2 cr to companies in the promoter group last year — about 3.0% of its ₹57 cr revenue.
Sanjay Goenka
Other payments to them · Salary/Perquisites, Office Rent, Dividend paid
also owns 18.97% of the company
₹98.1 L
company paid
Nilima Goenka
Other payments to them · Salary/Perquisites, Office Rent, Dividend paid
also owns 14.36% of the company
₹45.1 L
company paid
Vansh Goenka
Other payments to them · Salary/Perquisites, Dividend paid
also owns 5.73% of the company
₹24.9 L
company paid

The company also transacted with 10 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.