Hindustan Tin Works (BSE 530315)₹123.80−1.75%Packaging
In the Mar 2026 quarter (standalone), Hindustan Tin Works reported sales of ₹96.28 Cr, down 4.5% from Mar 2025, and net profit of ₹1.43 Cr, down 58.6% year on year. For the year to Mar 2026, sales were ₹419 Cr and net profit ₹8.01 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 117 | 116 | 97.81 | 87.68 | 107 | 109 | 88.60 | 101 | 119 | 117 | 87.56 | 96.28 |
| Expenses | 109 | 107 | 88.42 | 88.04 | 103 | 102 | 83.08 | 94.23 | 112 | 111 | 80.62 | 91.45 |
| Operating Profit | 8.63 | 10.17 | 9.98 | 0.15 | 4.87 | 8.24 | 6.05 | 7.18 | 7.51 | 6.86 | 7.44 | 5.34 |
| OPM % | 7.3% | 8.7% | 10.1% | 0.2% | 4.6% | 7.5% | 6.8% | 7.1% | 6.3% | 5.9% | 8.5% | 5.5% |
| Other Income | 0.90 | 2.03 | 0.96 | 6.17 | 1.52 | 1.00 | 1.17 | 1.35 | 0.70 | 0.98 | 1.06 | 1.92 |
| Interest | 2.04 | 1.55 | 1.63 | 2.19 | 2.06 | 1.57 | 1.40 | 1.69 | 2.09 | 2.83 | 2.47 | 2.39 |
| Depreciation | 2.07 | 2.03 | 2.11 | 2.17 | 2.02 | 2.07 | 2.11 | 2.16 | 2.05 | 2.64 | 2.78 | 2.92 |
| Profit before tax | 5.36 | 8.55 | 7.13 | 1.92 | 2.27 | 5.54 | 3.67 | 4.63 | 4.03 | 2.33 | 3.20 | 1.91 |
| Tax % | 57.9% | 24.9% | 25.6% | −56.6% | 28.0% | 25.7% | 16.5% | 26.0% | 31.4% | 25.6% | 25.5% | 25.5% |
| Net Profit | 2.26 | 6.45 | 5.33 | 3.03 | 1.65 | 4.14 | 3.08 | 3.45 | 2.77 | 1.74 | 2.41 | 1.43 |
| EPS (Rs) | 2.17 | 6.21 | 5.13 | 2.91 | 1.59 | 3.98 | 2.96 | 3.32 | 2.66 | 1.67 | 2.32 | 1.38 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 296 | 265 | 316 | 336 | 298 | 325 | 408 | 463 | 417 | 405 | 419 | 420 |
| Expenses | 274 | 243 | 294 | 311 | 278 | 295 | 377 | 433 | 391 | 382 | 394 | 395 |
| Operating Profit | 24.06 | 23.08 | 23.06 | 26.08 | 20.08 | 32.08 | 33.10 | 31.10 | 29.09 | 26.09 | 27.09 | 27.15 |
| OPM % | 8.0% | 9.0% | 7.0% | 8.0% | 7.0% | 10.0% | 8.0% | 7.0% | 7.0% | 6.0% | 6.0% | 6.5% |
| Other Income | 12.03 | 4.01 | 11.04 | 5.02 | 5.02 | 5.02 | 5.02 | 8.03 | 10.04 | 5.01 | 5.02 | 4.66 |
| Interest | 8.97 | 8.97 | 9.96 | 10.97 | 9.97 | 8.97 | 8.97 | 7.97 | 6.97 | 6.97 | 9.96 | 9.78 |
| Depreciation | 8.02 | 8.03 | 8.03 | 8.02 | 9.03 | 8.02 | 8.02 | 8.02 | 8.02 | 8.03 | 10.03 | 10.39 |
| Profit before tax | 18.92 | 9.97 | 15.94 | 12.95 | 6.97 | 19.95 | 20.94 | 22.93 | 22.93 | 15.95 | 10.97 | 11.47 |
| Tax % | 26.0% | 32.0% | 38.0% | 38.0% | −4.0% | 26.0% | 27.0% | 28.0% | 25.9% | 23.9% | 28.0% | — |
| Exceptional items | 6.85 | −0.14 | 1.47 | 0.06 | 0.00 | 0.01 | 0.12 | 0.23 | 0.00 | −0.08 | 0.00 | — |
| Net Profit | 14.01 | 6.99 | 10.01 | 7.99 | 8.01 | 15.01 | 15.02 | 16.02 | 17.01 | 12.02 | 8.01 | 8.35 |
| EPS (Rs) | 13.53 | 6.78 | 9.30 | 7.62 | 7.35 | 14.09 | 14.67 | 15.93 | 16.43 | 11.85 | 8.02 | 8.03 |
| Dividend payout % | 7.0% | 15.0% | 11.0% | 13.0% | 8.0% | 9.0% | 8.0% | 8.0% | 7.0% | 7.0% | 9.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.97 | 9.96 | 9.97 | 9.97 | 9.97 | 9.96 | 9.97 | 9.96 | 9.97 | 9.96 | 9.97 | 9.96 |
| Reserves | 98.83 | 112 | 119 | 127 | 134 | 140 | 155 | 167 | 179 | 193 | 205 | 212 |
| Borrowings | 104 | 105 | 79.70 | 111 | 102 | 67.76 | 88.70 | 83.69 | 72.78 | 81.68 | 76.79 | 70.74 |
| Other Liabilities | 55.73 | 40.81 | 49.76 | 47.76 | 31.85 | 44.78 | 42.79 | 46.78 | 25.87 | 28.87 | 48.77 | 58.72 |
| Total Liabilities | 268 | 267 | 258 | 296 | 277 | 262 | 296 | 309 | 287 | 315 | 340 | 353 |
| Fixed Assets | 70.75 | 84.74 | 81.68 | 78.68 | 77.73 | 80.68 | 74.69 | 75.75 | 91.68 | 101 | 101 | 154 |
| CWIP | 7.01 | 1.01 | 0.00 | 2.01 | 7.01 | 2.01 | 2.01 | 5.01 | 2.01 | 8.01 | 42.06 | 0.00 |
| Investments | 2.99 | 0.00 | 0.00 | 11.98 | 11.99 | 11.98 | 11.99 | 10.99 | 4.99 | 4.99 | 4.99 | 4.99 |
| Other Assets | 188 | 181 | 175 | 203 | 181 | 168 | 207 | 217 | 189 | 201 | 192 | 192 |
| Inventories | 52.18 | 41.17 | 51.18 | 61.28 | 50.16 | 39.18 | 64.21 | 77.34 | 59.26 | 78.28 | 62.23 | 69.28 |
| Trade receivables | 102 | 101 | 92.25 | 103 | 101 | 104 | 111 | 107 | 110 | 102 | 108 | 105 |
| Cash & equivalents | 12.01 | 13.01 | 8.01 | 6.01 | 6.01 | 4.99 | 4.01 | 5.01 | 4.01 | 3.01 | 1.01 | 3.01 |
| Total Assets | 268 | 267 | 258 | 296 | 277 | 262 | 296 | 309 | 287 | 315 | 340 | 353 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 5.01 | 13.01 | 35.04 | −6.01 | 29.06 | 50.11 | −12.02 | 26.03 | 36.05 | 19.04 | 56.09 | 37.04 |
| Cash from investing activity | −10.96 | 0.00 | −2.99 | −13.96 | −6.98 | −4.98 | −0.99 | −9.96 | −16.95 | −18.94 | −42.87 | −19.94 |
| Cash from financing activity | 7.97 | −11.97 | −36.89 | 19.93 | −20.92 | −45.82 | 10.96 | −13.95 | −19.93 | 0.99 | −13.96 | −15.95 |
| Net cash flow | 1.99 | 0.99 | −5.98 | 0.00 | 0.00 | −0.99 | −1.99 | 0.99 | −1.99 | 0.00 | −0.99 | 0.99 |
| Capex | 14.26 | 15.09 | 3.68 | 6.22 | 11.25 | 6.92 | 3.14 | 12.74 | 22.05 | 22.23 | 45.30 | 20.61 |
| Free cash flow | −9.03 | −2.01 | 31.10 | −12.05 | 18.05 | 43.12 | −14.05 | 13.04 | 14.05 | −3.01 | 12.05 | 17.07 |
| CFO / OP % | 36.0% | 70.0% | 165.0% | −7.0% | 134.0% | 260.0% | −21.0% | 98.0% | 137.0% | 86.0% | 222.0% | 146.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 119 | 125 | 127 | 120 | 111 | 129 | 126 | 97 | 87 | 90 | 98 | 92 |
| Inventory days | 76 | 65 | 95 | 93 | 71 | 61 | 96 | 90 | 59 | 92 | 73 | 80 |
| Days payable | 62 | 43 | 61 | 47 | 24 | 51 | 42 | 37 | 15 | 20 | 40 | 51 |
| Cash conversion cycle | 134 | 149 | 162 | 167 | 159 | 140 | 181 | 151 | 133 | 164 | 133 | 122 |
| Working capital days | 53 | 68 | 87 | 71 | 71 | 94 | 105 | 88 | 88 | 104 | 96 | 85 |
| ROCE % | 12.0% | 9.0% | 9.0% | 10.0% | 9.0% | 7.0% | 12.0% | 11.0% | 12.0% | 11.0% | 8.0% | 7.0% |
For the Mar 2026 quarter, Hindustan Tin Works reported sales of ₹96.28 Cr, down 4.5% year on year and net profit of ₹1.43 Cr, down 58.6% year on year. The operating margin was 5.5%.
Hindustan Tin Works' sales for the year to Mar 2026 were ₹419 Cr; over the last twelve months they were ₹420 Cr.
Net profit for the year to Mar 2026 was ₹8.01 Cr, and ₹8.35 Cr over the last twelve months. Earnings per share over the same trailing period were ₹8.03.
Hindustan Tin Works reported borrowings of ₹70.74 Cr at Mar 2026, against cash and equivalents of ₹3.01 Cr.
Cash from operations was ₹37.04 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹17.07 Cr.