HINDCON

Hindcon Chemicals Limited

Sodium silicate and construction chemicals manufacturer

Commodities›Chemicals›Chemicals & Petrochemicals›Specialty Chemicals

hindcon.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹26.75
Market cap
137 Cr
Stock P/E
23.8
P/B
1.81
Dividend yield
0.3%
ROE (FY26)
5.6%
ROCE (FY26)
7.1%
Operating margin (FY26)
4.1%
Debt / equity (FY26)
0.19
OCF / EBITDA (FY26)
-106.8%
OCF / EBITDA (3Y)
53.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Hindcon Chemicals, based in Kolkata, makes sodium silicate and construction chemicals.

Company snapshot

62ndBy market cap

Ranked among 68 companies in Specialty Chemicals.

What we see

Positives
  • ✓Debt-to-equity of 0.19x — the company is largely funded by its own money, not borrowed funds.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales19 Cr13 Cr14 Cr13 Cr13 Cr15 Cr15 Cr15 Cr15 Cr14 Cr21 Cr21 Cr
Operating expenses (approx.)18 Cr12 Cr13 Cr11 Cr13 Cr14 Cr14 Cr13 Cr15 Cr14 Cr20 Cr18 Cr
EBITDA1 Cr1 Cr2 Cr2 Cr0.25 Cr1 Cr1 Cr2 Cr0.75 Cr0.31 Cr0.90 Cr3 Cr
OPM %5.3%8.9%12.5%13.4%1.9%7.9%6.7%11.5%4.9%2.2%4.4%14.4%
Other income0.31 Cr0.29 Cr0.67 Cr0.35 Cr0.74 Cr0.86 Cr-0.05 Cr0.43 Cr0.55 Cr0.56 Cr0.70 Cr0.62 Cr
Interest0.03 Cr0.01 Cr0.02 Cr0.0009 Cr0.02 Cr0.0095 Cr0.05 Cr0.04 Cr0.10 Cr0.16 Cr0.18 Cr0.11 Cr
Depreciation0.07 Cr0.08 Cr0.14 Cr0.19 Cr0.20 Cr0.20 Cr0.23 Cr0.21 Cr0.23 Cr0.28 Cr0.30 Cr0.28 Cr
Profit before tax1 Cr1 Cr2 Cr2 Cr0.77 Cr2 Cr0.71 Cr2 Cr0.97 Cr0.43 Cr1 Cr3 Cr
Tax %29.3%27.5%21.5%30.5%23.5%26.0%22.0%28.1%25.6%43.4%31.7%28.8%
Net profit0.87 Cr1 Cr2 Cr1 Cr0.59 Cr1 Cr0.55 Cr1 Cr0.72 Cr0.25 Cr0.76 Cr2 Cr
EPS (₹)₹1.14₹0.26₹0.47₹0.34₹0.16₹0.35₹0.15₹0.35₹0.19₹0.08₹0.22₹0.63

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales34 Cr67 Cr86 Cr65 Cr57 Cr65 CrSign in free for the trailing twelve months
Operating expenses (approx.)30 Cr62 Cr80 Cr57 Cr52 Cr61 CrSign in free for the trailing twelve months
EBITDA4 Cr5 Cr5 Cr7 Cr4 Cr4 CrSign in free for the trailing twelve months
OPM %10.5%7.5%6.0%11.0%7.5%5.6%Sign in free for the trailing twelve months
Other income0.35 Cr1 Cr1 Cr2 Cr2 Cr2 CrSign in free for the trailing twelve months
Interest0.61 Cr0.02 Cr0.05 Cr0.08 Cr0.08 Cr0.48 CrSign in free for the trailing twelve months
Depreciation0.18 Cr0.25 Cr0.29 Cr0.35 Cr0.82 Cr1 CrSign in free for the trailing twelve months
Profit before tax3 Cr6 Cr6 Cr8 Cr5 Cr4 CrSign in free for the trailing twelve months
Tax %32.6%30.0%27.7%25.4%26.7%30.0%Sign in free for the trailing twelve months
Net profit2 Cr4 Cr4 Cr6 Cr4 Cr3 CrSign in free for the trailing twelve months
EPS (₹)—₹5.56₹5.68₹1.62₹1.00₹0.84Sign in free for the trailing twelve months
Dividend payout %—45.2%12.3%6.2%10.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital0.85 Cr8 Cr8 Cr8 Cr8 Cr8 Cr
Reserves14 Cr0 Cr35 Cr42 Cr46 Cr49 Cr
Borrowings5 Cr—0.98 Cr—0.77 Cr11 Cr
Other liabilities6 Cr—10 Cr9 Cr8 Cr8 Cr
Total liabilities26 Cr—54 Cr60 Cr64 Cr76 Cr
Fixed assets (net)1 Cr—3 Cr6 Cr7 Cr9 Cr
CWIP——0.39 Cr—0 Cr0 Cr
Investments0.81 Cr—2 Cr5 Cr5 Cr4 Cr
Loans & advances——4 Cr4 Cr4 Cr9 Cr
Inventories0.84 Cr—3 Cr2 Cr2 Cr7 Cr
Trade receivables18 Cr—26 Cr22 Cr22 Cr23 Cr
Cash & bank0.96 Cr—8 Cr9 Cr6 Cr8 Cr
Other assets4 Cr—7 Cr12 Cr18 Cr18 Cr
Total assets26 Cr—54 Cr60 Cr64 Cr76 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity0.81 Cr-4 Cr5 Cr9 Cr3 Cr-4 Cr
Cash from investing0.30 Cr2 Cr0.75 Cr-6 Cr-6 Cr-5 Cr
Cash from financing-0.93 Cr-2 Cr-0.84 Cr-1 Cr0.31 Cr10 Cr
Net cash flow0.17 Cr-4 Cr5 Cr1 Cr-3 Cr1 Cr
Free cash flow (OCF − Capex)0.41 Cr-5 Cr4 Cr6 Cr0.40 Cr-7 Cr

Ratios

MetricMar 2017Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %18.4%—13.9%16.7%9.6%7.1%
ROE %13.6%18.0%10.1%12.2%7.0%5.6%
Debtor days198—111126139126
Inventory days14—24172054
Days payable53—54625539
Cash conversion cycle159—8282104142
OCF / EBITDA %22.6%-88.9%103.8%129.4%64.9%-106.8%
OCF / EBITDA % (3 years)———58.5%104.8%53.6%
Debt / equity0.330.000.02—0.010.19
Current ratio2.20—4.564.955.363.46
Net debt / EBITDA1.130.00-1.26-1.23-1.270.89