HINDCON Stock Overview
Hindcon Chemicals Limited manufactures and sells sodium silicates, cement additives, and construction chemicals in India and internationally.
Hindcon Chemicals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹63.20|
|52 Week High||₹87.00|
|52 Week Low||₹47.60|
|1 Month Change||11.96%|
|3 Month Change||0.32%|
|1 Year Change||-9.84%|
|3 Year Change||258.07%|
|5 Year Change||n/a|
|Change since IPO||115.70%|
Recent News & Updates
|HINDCON||IN Chemicals||IN Market|
Return vs Industry: HINDCON underperformed the Indian Chemicals industry which returned 9.8% over the past year.
Return vs Market: HINDCON underperformed the Indian Market which returned 8.5% over the past year.
|HINDCON Average Weekly Movement||5.8%|
|Chemicals Industry Average Movement||6.4%|
|Market Average Movement||6.4%|
|10% most volatile stocks in IN Market||9.1%|
|10% least volatile stocks in IN Market||4.2%|
Stable Share Price: HINDCON is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: HINDCON's weekly volatility (6%) has been stable over the past year.
About the Company
Hindcon Chemicals Limited manufactures and sells sodium silicates, cement additives, and construction chemicals in India and internationally. The company’s products portfolio includes coating and impregnation products, concrete and mortar admixtures, epoxy grouts and mortars, expansion and contraction joint systems, floorings, foundry aids, green products for building projects, grouts and repairing mortars, protective and waterproofing coatings, remover cleaning compounds, sealants, shotcrete aids, tile adhesives, waterproofing compounds, concreting aids, and sodium silicates. It also provides various services, such as waterproofing and repair, and repair and retrofitting of distressed structures.
Hindcon Chemicals Fundamentals Summary
|HINDCON fundamental statistics|
Is HINDCON overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HINDCON income statement (TTM)|
|Cost of Revenue||₹537.09m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||4.13|
|Net Profit Margin||6.35%|
How did HINDCON perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Does HINDCON pay a reliable dividends?See HINDCON dividend history and benchmarks
|Hindcon Chemicals dividend dates|
|Ex Dividend Date||Aug 18 2022|
|Dividend Pay Date||Sep 25 2022|
|Days until Ex dividend||5 days|
|Days until Dividend pay date||43 days|
Does HINDCON pay a reliable dividends?See HINDCON dividend history and benchmarks
Is HINDCON undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HINDCON?
Other financial metrics that can be useful for relative valuation.
|What is HINDCON's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does HINDCON's PE Ratio compare to its peers?
|HINDCON PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
506910 Jaysynth Dyestuff (India)
MAHICKRA Mahickra Chemicals
AMBANIORG Ambani Organics
PROLIFE Prolife Industries
HINDCON Hindcon Chemicals
Price-To-Earnings vs Peers: HINDCON is expensive based on its Price-To-Earnings Ratio (15.3x) compared to the peer average (15.1x).
Price to Earnings Ratio vs Industry
How does HINDCON's PE Ratio compare vs other companies in the IN Chemicals Industry?
Price-To-Earnings vs Industry: HINDCON is good value based on its Price-To-Earnings Ratio (15.3x) compared to the Indian Chemicals industry average (18.5x)
Price to Earnings Ratio vs Fair Ratio
What is HINDCON's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||15.3x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HINDCON's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of HINDCON when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HINDCON (₹63.2) is trading above our estimate of fair value (₹20.24)
Significantly Below Fair Value: HINDCON is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Hindcon Chemicals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hindcon Chemicals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine Hindcon Chemicals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Hindcon Chemicals competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Hindcon Chemicals performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HINDCON has a high level of non-cash earnings.
Growing Profit Margin: HINDCON's current net profit margins (6.4%) are lower than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: HINDCON's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: HINDCON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HINDCON had negative earnings growth (-6.4%) over the past year, making it difficult to compare to the Chemicals industry average (21.8%).
Return on Equity
High ROE: HINDCON's Return on Equity (10.8%) is considered low.
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How is Hindcon Chemicals's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: HINDCON's short term assets (₹463.1M) exceed its short term liabilities (₹129.9M).
Long Term Liabilities: HINDCON's short term assets (₹463.1M) exceed its long term liabilities (₹294.0K).
Debt to Equity History and Analysis
Debt Level: HINDCON has more cash than its total debt.
Reducing Debt: HINDCON's debt to equity ratio has reduced from 32.8% to 3.1% over the past 5 years.
Debt Coverage: HINDCON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HINDCON's interest payments on its debt are well covered by EBIT (211.9x coverage).
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What is Hindcon Chemicals's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HINDCON's dividend (2.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).
High Dividend: HINDCON's dividend (2.22%) is in the top 25% of dividend payers in the Indian market (1.72%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HINDCON has been paying a dividend for less than 10 years.
Growing Dividend: HINDCON's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.6%), HINDCON's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HINDCON is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sanjay Goenka (57 yo)
Mr. Sanjay Goenka has been Managing Director of Hindcon Chemicals Limited since July 24, 2015 and serves as its Chairman. Mr. Goenka joined the Hindcon Chemicals Limited as Director on December 15, 1999. H...
CEO Compensation Analysis
Compensation vs Market: Sanjay's total compensation ($USD86.05K) is above average for companies of similar size in the Indian market ($USD37.95K).
Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.
Experienced Management: HINDCON's management team is seasoned and experienced (5.2 years average tenure).
Experienced Board: HINDCON's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hindcon Chemicals Limited's employee growth, exchange listings and data sources
- Name: Hindcon Chemicals Limited
- Ticker: HINDCON
- Exchange: NSEI
- Founded: 1947
- Industry: Specialty Chemicals
- Sector: Materials
- Implied Market Cap: ₹647.050m
- Shares outstanding: 10.24m
- Website: https://www.hindcon.com
Number of Employees
- Hindcon Chemicals Limited
- 62B, Braunfeld Row
- 1st Floor
- West Bengal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/12 00:00|
|End of Day Share Price||2022/08/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.