Hindcon Chemicals (HINDCON)₹25.07+0.04%Specialty Chemicals
In the Jun 2026 quarter (consolidated), Hindcon Chemicals reported sales of ₹21.28 Cr, up 43.1% from Jun 2025, and net profit of ₹2.35 Cr, up 72.8% year on year. For the year to Mar 2026, sales were ₹65.01 Cr and net profit ₹3.09 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19.45 | 13.43 | 14.35 | 12.92 | 12.97 | 15.26 | 15.43 | 14.87 | 15.33 | 14.22 | 20.59 | 21.28 |
| Expenses | 18.52 | 12.30 | 12.59 | 11.23 | 12.76 | 14.12 | 14.44 | 13.22 | 14.62 | 13.96 | 19.78 | 18.29 |
| Operating Profit | 1.03 | 1.20 | 1.80 | 1.74 | 0.26 | 1.22 | 1.05 | 1.71 | 0.76 | 0.32 | 0.91 | 3.07 |
| OPM % | 5.3% | 8.9% | 12.5% | 13.4% | 1.9% | 7.9% | 6.8% | 11.4% | 4.9% | 2.2% | 4.4% | 14.4% |
| Other Income | 0.32 | 0.30 | 0.68 | 0.36 | 0.75 | 0.87 | −0.06 | 0.44 | 0.56 | 0.57 | 0.71 | 0.63 |
| Interest | 0.04 | 0.02 | 0.03 | 0.00 | 0.03 | 0.02 | 0.06 | 0.05 | 0.11 | 0.17 | 0.19 | 0.12 |
| Depreciation | 0.08 | 0.07 | 0.15 | 0.20 | 0.21 | 0.21 | 0.22 | 0.20 | 0.22 | 0.27 | 0.29 | 0.29 |
| Profit before tax | 1.22 | 1.38 | 2.29 | 1.88 | 0.76 | 1.85 | 0.70 | 1.87 | 0.96 | 0.42 | 1.11 | 3.28 |
| Tax % | 30.1% | 27.4% | 21.8% | 30.2% | 23.4% | 25.8% | 22.6% | 28.2% | 25.8% | 44.2% | 31.3% | 28.6% |
| Net Profit | 0.89 | 1.02 | 1.81 | 1.32 | 0.59 | 1.38 | 0.56 | 1.36 | 0.73 | 0.25 | 0.77 | 2.35 |
| EPS (Rs) | 0.16 | 0.21 | 0.36 | 0.24 | 0.10 | 0.26 | 0.10 | 0.25 | 0.15 | 0.05 | 0.17 | 0.47 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 32.33 | 33.84 | 35.27 | 44.39 | 44.05 | 44.26 | 66.61 | 85.65 | 64.57 | 56.58 | 65.01 | 71.42 |
| Expenses | 30.37 | 30.30 | 30.59 | 40.82 | 40.69 | 39.83 | 61.85 | 80.75 | 57.61 | 52.51 | 61.59 | 66.65 |
| Operating Profit | 2.11 | 3.62 | 4.80 | 3.76 | 3.53 | 4.57 | 5.00 | 5.18 | 7.12 | 4.25 | 3.67 | 5.06 |
| OPM % | 6.5% | 10.7% | 13.6% | 8.4% | 8.0% | 10.3% | 7.5% | 6.0% | 11.0% | 7.5% | 5.6% | 7.1% |
| Other Income | 0.10 | 0.36 | 0.99 | 0.58 | 1.01 | 2.16 | 1.38 | 1.20 | 1.69 | 1.90 | 2.25 | 2.47 |
| Interest | 0.69 | 0.68 | 0.53 | 0.24 | 0.10 | 0.09 | 0.03 | 0.06 | 0.09 | 0.09 | 0.49 | 0.59 |
| Depreciation | 0.20 | 0.19 | 0.15 | 0.12 | 0.13 | 0.17 | 0.24 | 0.28 | 0.36 | 0.81 | 1.01 | 1.07 |
| Profit before tax | 1.29 | 3.10 | 5.09 | 3.95 | 4.27 | 6.42 | 6.07 | 6.00 | 8.32 | 5.21 | 4.38 | 5.77 |
| Tax % | 34.7% | 32.8% | 22.4% | 28.0% | 33.3% | 25.9% | 30.1% | 27.8% | 25.4% | 26.6% | 30.0% | — |
| Exceptional items | −0.02 | 0.00 | 0.50 | 0.00 | −0.04 | 0.00 | 0.05 | 0.00 | 0.00 | 0.03 | 0.00 | — |
| Net Profit | 0.86 | 2.10 | 3.99 | 2.83 | 2.85 | 4.78 | 4.27 | 4.37 | 6.25 | 3.84 | 3.09 | 4.10 |
| EPS (Rs) | 1.11 | 2.75 | 0.77 | 0.56 | 0.56 | 0.91 | 0.82 | 0.85 | 1.22 | 0.73 | 0.64 | 0.84 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 16.4% | 24.4% | 24.4% | 30.9% | 0.0% | 12.5% | 60.6% | 0.0% | — |
| 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 | 0.77 | 0.77 | 0.86 | 10.26 | 7.68 | 7.69 | 7.69 | 7.68 | 7.69 | 7.67 | 7.68 | 7.73 |
| Reserves | 10.74 | 11.55 | 14.30 | 15.52 | 22.52 | 24.77 | 27.89 | 31.62 | 34.80 | 42.42 | 46.46 | 49.58 |
| Borrowings | 8.90 | 5.26 | 5.00 | 0.81 | 0.17 | 0.29 | 0.98 | 1.23 | 0.97 | 0.00 | 0.76 | 10.77 |
| Other Liabilities | 4.45 | 6.31 | 5.93 | 6.60 | 5.93 | 6.71 | 6.74 | 12.18 | 10.32 | 9.58 | 8.75 | 8.55 |
| Total Liabilities | 24.86 | 23.89 | 26.09 | 33.19 | 36.30 | 39.46 | 43.30 | 52.71 | 53.78 | 59.67 | 63.65 | 76.63 |
| Fixed Assets | 0.94 | 0.91 | 1.10 | 1.07 | 0.99 | 1.12 | 1.40 | 1.71 | 2.56 | 6.26 | 7.10 | 8.72 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.40 | 0.00 | 0.00 | 0.00 |
| Investments | 0.27 | 0.65 | 0.80 | 3.23 | 4.31 | 4.45 | 2.78 | 3.20 | 2.18 | 4.64 | 4.74 | 3.62 |
| Other Assets | 23.65 | 22.33 | 24.19 | 28.89 | 31.00 | 33.89 | 39.12 | 47.80 | 48.64 | 48.77 | 51.81 | 64.29 |
| Inventories | 1.30 | 1.16 | 0.83 | 2.85 | 2.70 | 2.10 | 2.02 | 3.56 | 3.31 | 1.52 | 1.98 | 6.76 |
| Trade receivables | 17.96 | 18.09 | 18.47 | 18.30 | 19.38 | 19.80 | 19.18 | 26.33 | 26.13 | 22.22 | 21.58 | 22.55 |
| Cash & equivalents | 1.69 | 0.64 | 0.95 | 4.27 | 1.30 | 3.13 | 10.31 | 5.43 | 10.35 | 11.78 | 13.95 | 18.93 |
| Total Assets | 24.86 | 23.89 | 26.09 | 33.19 | 36.30 | 39.46 | 43.30 | 52.71 | 53.78 | 59.67 | 63.65 | 76.63 |
| 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 | −0.22 | 3.83 | 0.71 | 2.45 | −1.99 | 2.13 | 4.79 | −4.45 | 5.38 | 9.20 | 2.76 | −3.91 |
| Cash from investing activity | −0.29 | −0.51 | 0.47 | −1.34 | −0.26 | 0.17 | 0.78 | 1.87 | 0.74 | −6.48 | −5.67 | −4.83 |
| Cash from financing activity | 1.95 | −4.32 | −0.86 | 2.23 | −0.77 | −0.46 | 0.00 | −1.69 | −0.83 | −1.43 | 0.30 | 10.12 |
| Net cash flow | 1.45 | −1.04 | 0.30 | 3.32 | −3.02 | 1.82 | 5.55 | −4.25 | 5.26 | 1.25 | −2.62 | 1.41 |
| Capex | 0.22 | 0.19 | 0.38 | 0.16 | 0.06 | 0.24 | 0.45 | 0.53 | 1.54 | 3.65 | 2.36 | 2.61 |
| Free cash flow | −0.43 | 3.63 | 0.34 | 2.28 | −2.04 | 1.90 | 4.33 | −4.99 | 3.85 | 5.55 | 0.41 | −6.53 |
| CFO / OP % | 6.0% | 205.0% | 48.1% | 79.0% | −18.0% | 89.1% | 136.1% | −45.0% | 134.1% | 162.0% | 106.1% | −90.9% |
| 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 | 200 | 205 | 200 | 189 | 160 | 164 | 158 | 144 | 112 | 126 | 139 | 127 |
| Inventory days | 18 | 18 | 13 | 44 | 29 | 23 | 22 | 24 | 17 | 12 | 18 | 52 |
| Days payable | 42 | 62 | 52 | 57 | 40 | 55 | 52 | 55 | 40 | 44 | 50 | 38 |
| Cash conversion cycle | 178 | 163 | 163 | 179 | 150 | 134 | 131 | 116 | 91 | 96 | 110 | 143 |
| Working capital days | 193 | 169 | 129 | 170 | 190 | 198 | 159 | 153 | 115 | 128 | 148 | 142 |
| ROCE % | — | 10.4% | 19.9% | 21.1% | 14.6% | 13.9% | 18.8% | 15.6% | 14.3% | 17.8% | 9.9% | 7.8% |
For the Jun 2026 quarter, Hindcon Chemicals reported sales of ₹21.28 Cr, up 43.1% year on year and net profit of ₹2.35 Cr, up 72.8% year on year. The operating margin was 14.4%.
Hindcon Chemicals' sales for the year to Mar 2026 were ₹65.01 Cr; over the last twelve months they were ₹71.42 Cr.
Net profit for the year to Mar 2026 was ₹3.09 Cr, and ₹4.10 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.84.
Hindcon Chemicals reported borrowings of ₹10.77 Cr at Mar 2026, against cash and equivalents of ₹18.93 Cr.
Cash from operations was −₹3.91 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹6.53 Cr.