Reported Earnings • May 29
Full year 2026 earnings released: EPS: ₹2.40 (vs ₹1.44 in FY 2025) Full year 2026 results: EPS: ₹2.40 (up from ₹1.44 in FY 2025). Revenue: ₹1.22b (up 20% from FY 2025). Net income: ₹27.5m (up 67% from FY 2025). Profit margin: 2.3% (up from 1.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • May 22
Hindprakash Industries Limited to Report Q4, 2026 Results on May 28, 2026 Hindprakash Industries Limited announced that they will report Q4, 2026 results on May 28, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.38 (vs ₹0.26 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.38 (up from ₹0.26 in 3Q 2025). Revenue: ₹239.3m (up 17% from 3Q 2025). Net income: ₹4.35m (up 44% from 3Q 2025). Profit margin: 1.8% (up from 1.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Feb 03
Hindprakash Industries Limited to Report Q3, 2026 Results on Feb 13, 2026 Hindprakash Industries Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 13, 2026 New Risk • Jan 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 11% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (₹1.54b market cap, or US$17.1m). Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.12 (vs ₹0.58 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.12 (down from ₹0.58 in 2Q 2025). Revenue: ₹319.8m (up 58% from 2Q 2025). Net income: ₹1.39m (down 79% from 2Q 2025). Profit margin: 0.4% (down from 3.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Nov 08
Hindprakash Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Hindprakash Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Oct 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 8.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹1.52b market cap, or US$17.2m). Announcement • Sep 01
Hindprakash Industries Limited, Annual General Meeting, Sep 27, 2025 Hindprakash Industries Limited, Annual General Meeting, Sep 27, 2025, at 14:30 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.09 (vs ₹0.23 in 1Q 2025) First quarter 2026 results: EPS: ₹0.09 (down from ₹0.23 in 1Q 2025). Revenue: ₹308.8m (up 37% from 1Q 2025). Net income: ₹978.0k (down 63% from 1Q 2025). Profit margin: 0.3% (down from 1.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Announcement • Aug 09
Hindprakash Industries Limited to Report Q1, 2026 Results on Aug 13, 2025 Hindprakash Industries Limited announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • Jul 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (8.3% average weekly change). Earnings have declined by 9.0% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹1.64b market cap, or US$19.1m). Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹1.44 (vs ₹1.46 in FY 2024) Full year 2025 results: EPS: ₹1.44. Revenue: ₹1.04b (up 5.0% from FY 2024). Net income: ₹16.4m (up 5.9% from FY 2024). Profit margin: 1.6% (in line with FY 2024). Announcement • May 21
Hindprakash Industries Limited to Report Q4, 2025 Results on May 29, 2025 Hindprakash Industries Limited announced that they will report Q4, 2025 results on May 29, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: ₹0.26 (vs ₹0.67 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.26 (down from ₹0.67 in 3Q 2024). Revenue: ₹209.6m (up 38% from 3Q 2024). Net income: ₹3.01m (down 57% from 3Q 2024). Profit margin: 1.4% (down from 4.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Announcement • Feb 09
Hindprakash Industries Limited to Report Q3, 2025 Results on Feb 13, 2025 Hindprakash Industries Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 13, 2025 New Risk • Dec 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Market cap is less than US$100m (₹2.03b market cap, or US$23.9m). Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹0.58 (vs ₹0.004 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.58 (up from ₹0.004 in 2Q 2024). Revenue: ₹215.6m (down 28% from 2Q 2024). Net income: ₹6.59m (up ₹6.55m from 2Q 2024). Profit margin: 3.1% (up from 0% in 2Q 2024). The increase in margin was driven by lower expenses. Announcement • Nov 13
Hindprakash Industries Limited Appoints Utsav Himanshu Trivedi as the Company Secretary and Compliance Officer of the Company Effective from November 14, 2024 Hindprakash Industries Limited approved the Appointment of Mr. Utsav Himanshu Trivedi (Membership No. A57058) as the Company Secretary and Compliance Officer of the Company with effect from November 14, 2024. Mr. Utsav Trivedi is 29 years old. He is law Graduate and qualified Company Secretary. He is Company Secretary by profession and has rich experience of more than 5 years in the field of company law, security laws & Finance. Announcement • Nov 09
Hindprakash Industries Limited to Report Q2, 2025 Results on Nov 13, 2024 Hindprakash Industries Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Upcoming Dividend • Aug 30
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 06 September 2024. Payment date: 14 October 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.6%). Announcement • Aug 26
Hindprakash Industries Limited, Annual General Meeting, Sep 14, 2024 Hindprakash Industries Limited, Annual General Meeting, Sep 14, 2024, at 14:30 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.23 (vs ₹0.58 in 1Q 2024) First quarter 2025 results: EPS: ₹0.23 (down from ₹0.58 in 1Q 2024). Revenue: ₹228.5m (down 17% from 1Q 2024). Net income: ₹2.64m (down 56% from 1Q 2024). Profit margin: 1.2% (down from 2.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Announcement • Aug 09
Hindprakash Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Hindprakash Industries Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Aug 14, 2024 Announcement • Jun 15
Hindprakash Industries Limited Announces Board and Committee Changes The board of directors of Hindprakash Industries Limited at its meeting held on June 15, 2024, Accepted the resignation tendered by Ms. Apeksha Vyas (DIN: 09469295), from the post of Director (Non-Executive, Independent) of the Company with effect from closing of the business hours of June 15, 2024. Resignation due to personal reasons. Ms. Apeksha Vyas has been associated with the Company since January 20, 2022. Subsequent to appointment and resignation in the Board of Directors of the Company, approval of Board is accorded for reconstituting various committee/s of the Company with effect from June 15, 2024, as below: Audit Committee: Mr. Rushabh Shah as Chairman; Mr. Jitendra Kumar Sharma as Member; Mr. Santosh Nambiar as Member Nomination and Remuneration Committee: Mr. Rushabh Shah as Chairman; Mr. Jitendra Kumar Sharma as Member; Ms. Shivani Pathak as Member. Stakeholders Relationship Committee: Ms. Shivani Pathak as Chairperson; Mr. Rushabh Shah as Member; Mr. Sanjay Prakash Mangal as Member. Announcement • May 30
Hindprakash Industries Limited Recommends Final Dividend for the Financial Year Ended on March 31, 2024 Hindprakash Industries Limited at its board meeting held on May 28, 2024, recommended a final dividend of INR 0.50 per equity share having Face Value of INR 10 that is 5% of face value per share for the financial year ended on March 31, 2024, subject to approval of the members at the upcoming Annual General Meeting of the Company. New Risk • May 30
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.5% net profit margin). Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Market cap is less than US$100m (₹1.62b market cap, or US$19.4m). Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹1.46 (vs ₹2.37 in FY 2023) Full year 2024 results: EPS: ₹1.46 (down from ₹2.37 in FY 2023). Revenue: ₹1.01b (flat on FY 2023). Net income: ₹15.5m (down 37% from FY 2023). Profit margin: 1.5% (down from 2.4% in FY 2023). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹150, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 92% over the past year. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹132, the stock trades at a trailing P/E ratio of 48.1x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 66% over the past year. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹178, the stock trades at a trailing P/E ratio of 62.8x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 105% over the past year. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹0.67 (vs ₹0.19 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.67 (up from ₹0.19 in 3Q 2023). Revenue: ₹155.3m (flat on 3Q 2023). Net income: ₹6.94m (up 248% from 3Q 2023). Profit margin: 4.5% (up from 1.3% in 3Q 2023). New Risk • Jan 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks High level of debt (57% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Market cap is less than US$100m (₹2.00b market cap, or US$24.1m). Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹175, the stock trades at a trailing P/E ratio of 76.4x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 83% over the past year. Buy Or Sell Opportunity • Jan 29
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 60% to ₹175. The fair value is estimated to be ₹135, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years, while earnings per share has been flat. Buying Opportunity • Dec 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.5%. The fair value is estimated to be ₹156, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years, while earnings per share has been flat. Recent Insider Transactions • Dec 07
MD & Executive Director recently sold ₹212k worth of stock On the 1st of December, Sanjay Mangal sold around 2k shares on-market at roughly ₹106 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sanjay's only on-market trade for the last 12 months. New Risk • Oct 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹1.27b market cap, or US$15.3m). Announcement • Sep 10
Hindprakash Industries Limited Proposes Final Dividend for the Financial Year Ended March 31, 2023 Hindprakash Industries Limited at the AGM to be held on September 30, 2023 proposed to declare a final dividend of INR 0.50 per equity share of INR 10 each for the financial year ended on March 31, 2023. Subject To Approve the Members at the AGM, the dividend will be paid within 30 days from the conclusion of the AGM, to the Members whose names appear on the Company's Register of Members /beneficial owners as on the Record Date, September 20, 2023. Announcement • Aug 25
Hindprakash Industries Limited Starts Manufacturing A New Product 'Adhesive' Hindprakash Industries Limited announced that the Company has started Manufacturing a new product 'ADHESIVES', (Adhesive is a substance that makes things stick together such as metals, ceramics, plastic, rubber or wood etc.). Name of the product - ADHESIVES, Date of Launch/Date of starting of Manufacturing - August 24, 2023, Category of the product, Adhesives, Adhesives, Whether caters to domestic/Domestic international market, At Present caters to domestic market, 5., Name of the product, AD HESives, N.A. Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: ₹0.58 (vs ₹0.27 in 1Q 2023) First quarter 2024 results: EPS: ₹0.58 (up from ₹0.27 in 1Q 2023). Revenue: ₹277.1m (up 34% from 1Q 2023). Net income: ₹6.04m (up 114% from 1Q 2023). Profit margin: 2.2% (up from 1.4% in 1Q 2023). The increase in margin was driven by higher revenue. Announcement • Aug 09
Hindprakash Industries Limited to Report Q1, 2024 Results on Aug 14, 2023 Hindprakash Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹124, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 24x in the Chemicals industry in India. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹109, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 22x in the Chemicals industry in India. Recent Insider Transactions • Jun 06
Board Member recently sold ₹165k worth of stock On the 2nd of June, Apeksha Vyas sold around 2k shares on-market at roughly ₹90.01 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹298k more than they bought in the last 12 months. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹2.36 (vs ₹2.69 in FY 2022) Full year 2023 results: EPS: ₹2.36 (down from ₹2.69 in FY 2022). Revenue: ₹1.03b (down 1.1% from FY 2022). Net income: ₹24.7m (down 12% from FY 2022). Profit margin: 2.4% (down from 2.7% in FY 2022). Announcement • May 31
Hindprakash Industries Limited Recommends Final Dividend for the Financial Year Ended on March 31, 2023 Hindprakash Industries Limited informed that the Board of Directors of the company at its meeting held on May 29, 2023 has recommend a final dividend of INR 0.50 per equity share having Face Value of INR 10 i.e. 5% of face value per share for the financial year ended on 31st March 2023, subject to approval of the members at the upcoming Annual General Meeting of the Company. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹90.25, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 20x in the Chemicals industry in India. Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: ₹0.19 (vs ₹0.92 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.19 (down from ₹0.92 in 3Q 2022). Revenue: ₹161.0m (down 16% from 3Q 2022). Net income: ₹1.99m (down 79% from 3Q 2022). Profit margin: 1.2% (down from 5.0% in 3Q 2022). The decrease in margin was driven by lower revenue. Announcement • Feb 07
Hindprakash Industries Limited to Report Q3, 2023 Results on Feb 14, 2023 Hindprakash Industries Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Announcement • Feb 01
Hindprakash Industries Limited Announces Resignation of Utsav Trivedi from the Post of Company Secretary & Compliance Officer Hindprakash Industries Limited announced that at its board meeting held on January 31, 2023, approved resignation of Mr. Utsav Trivedi from the post of company secretary & compliance officer of the company, effective January 31, 2023. Subsequent to his resignation as company secretary & compliance officer, he has also ceased to be a key managerial personnel under Regulation 30 (5) SEBI. Due to some personal reasons, Mr. Utsav Trivedi has tendered his resignation. Recent Insider Transactions • Dec 04
Board Member recently sold ₹134k worth of stock On the 1st of December, Apeksha Vyas sold around 1k shares on-market at roughly ₹114 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹964k more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 20% share price gain to ₹116, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 20x in the Chemicals industry in India.