Hindprakash Industries (HPIL)₹113.35−3.02%Dyes And Pigments
In the Mar 2026 quarter (standalone), Hindprakash Industries reported sales of ₹30.85 Cr, down 20.1% from Mar 2025, and net profit of ₹2.08 Cr, up 383.7% year on year. For the year to Mar 2026, sales were ₹115 Cr and net profit ₹3.01 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 | 27.51 | 30.06 | 15.22 | 26.78 | 22.52 | 20.31 | 20.50 | 38.61 | 30.20 | 31.35 | 22.79 | 30.85 |
| Expenses | 26.07 | 29.46 | 13.78 | 25.90 | 21.66 | 19.83 | 19.67 | 37.59 | 29.51 | 30.79 | 21.94 | 31.40 |
| Operating Profit | 1.31 | 0.46 | 1.39 | 0.76 | 0.71 | 0.37 | 0.70 | 0.83 | 0.51 | 0.45 | 0.74 | −0.70 |
| OPM % | 4.7% | 1.5% | 9.1% | 2.9% | 3.2% | 1.9% | 3.5% | 2.1% | 1.7% | 1.4% | 3.2% | −2.3% |
| Other Income | 0.21 | 0.35 | 0.31 | 0.36 | 0.36 | 1.26 | 0.49 | 0.53 | 0.71 | 0.64 | 1.15 | 4.07 |
| Interest | 0.62 | 0.66 | 0.65 | 0.63 | 0.62 | 0.65 | 0.68 | 0.67 | 0.99 | 0.78 | 1.19 | 0.99 |
| Depreciation | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Profit before tax | 0.79 | 0.04 | 0.94 | 0.40 | 0.37 | 0.90 | 0.43 | 0.59 | 0.15 | 0.21 | 0.60 | 2.28 |
| Tax % | 27.0% | 66.7% | 24.8% | 35.9% | 27.9% | 25.9% | 26.2% | 25.9% | 28.6% | 30.1% | 25.5% | 8.4% |
| Net Profit | 0.59 | 0.02 | 0.68 | 0.24 | 0.27 | 0.67 | 0.31 | 0.43 | 0.11 | 0.15 | 0.44 | 2.08 |
| EPS (Rs) | 0.57 | 0.02 | 0.67 | 0.23 | 0.24 | 0.59 | 0.27 | 0.38 | 0.10 | 0.13 | 0.39 | 1.82 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 83.04 | 86.17 | 87.12 | 97.06 | 105 | 90.08 | 104 | 101 | 100 | 102 | 115 | 115 |
| Expenses | 78.73 | 80.73 | 82.68 | 91.59 | 99.64 | 86.66 | 99.66 | 96.64 | 95.67 | 98.54 | 114 | 114 |
| Operating Profit | 4.01 | 5.01 | 4.99 | 4.01 | 5.01 | 3.01 | 4.01 | 3.99 | 3.99 | 3.01 | 0.99 | 1.00 |
| OPM % | 5.0% | 5.0% | 5.0% | 4.3% | 4.4% | 3.3% | 3.6% | 3.8% | 3.9% | 2.6% | 0.8% | 0.9% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.99 | 1.99 | 1.99 | 0.99 | 1.99 | 0.99 | 2.99 | 6.98 | 6.57 |
| Interest | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 2.99 | 2.99 | 3.99 | 3.95 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.44 |
| Profit before tax | 3.01 | 3.01 | 4.01 | 4.01 | 5.01 | 3.01 | 4.01 | 3.01 | 2.01 | 2.01 | 3.01 | 3.24 |
| Tax % | 34.1% | 34.1% | 34.1% | 29.0% | 29.0% | 25.0% | 26.1% | 26.0% | 28.0% | 26.0% | 14.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | — |
| Net Profit | 2.01 | 1.99 | 2.01 | 2.99 | 2.99 | 2.01 | 2.99 | 2.01 | 1.99 | 2.01 | 3.01 | 2.78 |
| EPS (Rs) | 8.93 | 9.95 | 10.78 | 3.80 | 3.27 | 2.32 | 2.63 | 2.37 | 1.35 | 1.45 | 2.42 | 2.44 |
| Dividend payout % | 1.0% | 0.0% | 0.0% | 1.0% | 31.0% | 43.0% | 38.0% | 21.0% | 37.0% | 0.0% | 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 | 1.99 | 1.99 | 1.99 | 1.99 | 7.98 | 9.97 | 9.98 | 9.98 | 9.96 | 10.98 | 10.98 | 10.98 |
| Reserves | 7.98 | 9.98 | 11.97 | 14.98 | 11.98 | 23.96 | 25.94 | 27.95 | 31.93 | 38.97 | 39.92 | 42.99 |
| Borrowings | 14.95 | 8.97 | 10.97 | 10.98 | 14.95 | 5.98 | 9.97 | 8.98 | 20.94 | 21.95 | 29.92 | 32.95 |
| Other Liabilities | 11.02 | 7.00 | 9.03 | 3.02 | 13.00 | 16.99 | 10.05 | 8.04 | 16.08 | 12.05 | 11.05 | 4.02 |
| Total Liabilities | 35.94 | 28.94 | 34.96 | 30.97 | 47.91 | 56.90 | 55.94 | 55.95 | 79.91 | 84.95 | 92.87 | 90.94 |
| Fixed Assets | 3.01 | 3.01 | 3.01 | 3.01 | 11.01 | 11.02 | 12.01 | 11.01 | 15.03 | 15.02 | 15.01 | 15.03 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.99 | 3.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.02 | 5.02 | 7.03 | 5.02 |
| Other Assets | 32.93 | 24.93 | 30.95 | 27.96 | 36.90 | 43.87 | 42.94 | 41.93 | 59.86 | 64.91 | 70.83 | 71.89 |
| Inventories | 9.19 | 8.45 | 9.92 | 9.89 | 10.52 | 13.71 | 15.16 | 16.02 | 16.50 | 20.03 | 20.58 | 14.96 |
| Trade receivables | 16.73 | 12.65 | 16.44 | 13.38 | 22.10 | 22.05 | 23.35 | 23.18 | 32.58 | 25.98 | 31.51 | 29.63 |
| Cash & equivalents | 1.97 | 0.09 | 0.05 | 0.08 | 0.44 | 0.29 | 0.18 | 0.18 | 0.89 | 0.57 | 3.48 | 3.42 |
| Total Assets | 35.94 | 28.94 | 34.96 | 30.97 | 47.91 | 56.90 | 55.94 | 55.95 | 79.91 | 84.95 | 92.87 | 90.94 |
| 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 | 6.02 | 0.00 | 1.01 | −1.01 | −1.01 | −2.01 | 3.01 | 5.01 | 3.01 | −4.01 | −9.02 |
| Cash from investing activity | −1.01 | 0.00 | 0.00 | −7.01 | 0.99 | 0.00 | 0.99 | −13.01 | −7.99 | 1.99 | 11.01 |
| Cash from financing activity | −6.99 | 0.99 | −0.99 | 7.99 | 0.00 | 1.99 | −2.99 | 7.99 | 3.99 | 4.99 | −0.99 |
| Net cash flow | −1.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | −0.99 | 2.99 | 0.00 |
| Capex | 0.73 | 0.23 | 0.16 | 8.08 | 1.06 | 1.35 | 0.52 | 2.06 | 0.45 | 0.22 | 0.16 |
| Free cash flow | 5.02 | −1.01 | 1.01 | −9.03 | −2.01 | −4.01 | 2.01 | 3.01 | 3.01 | −5.02 | −9.03 |
| CFO / OP % | 164.0% | 14.9% | 37.0% | 23.0% | −1.0% | −60.1% | 105.9% | 154.0% | 93.0% | −145.0% | −850.1% |
| 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 | 74 | 55 | 70 | 56 | 83 | 77 | 95 | 82 | 118 | 95 | 113 | 94 |
| Inventory days | 49 | 42 | 48 | 47 | 44 | 53 | 67 | 61 | 65 | 80 | 82 | 55 |
| Days payable | 51 | 31 | 40 | 11 | 32 | 38 | 16 | 12 | 58 | 45 | 38 | 9 |
| Cash conversion cycle | 71 | 65 | 77 | 90 | 95 | 91 | 144 | 130 | 123 | 130 | 156 | 139 |
| Working capital days | 26 | 40 | 48 | 57 | 49 | 94 | 112 | 112 | 67 | 62 | 98 | 105 |
| ROCE % | 22.9% | 17.9% | 20.0% | 17.9% | 16.9% | 15.9% | 9.9% | 9.9% | 9.0% | 7.0% | 5.0% | 7.9% |
For the Mar 2026 quarter, Hindprakash Industries reported sales of ₹30.85 Cr, down 20.1% year on year and net profit of ₹2.08 Cr, up 383.7% year on year. The operating margin was −2.3%.
Hindprakash Industries' sales for the year to Mar 2026 were ₹115 Cr; over the last twelve months they were ₹115 Cr.
Net profit for the year to Mar 2026 was ₹3.01 Cr, and ₹2.78 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.44.
Hindprakash Industries reported borrowings of ₹32.95 Cr at Mar 2026, against cash and equivalents of ₹3.42 Cr.
Cash from operations was −₹9.02 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹9.03 Cr.