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As of 6 Nov 2026, Hindcon Chemicals trades at 30.1× trailing earnings, above the industry P/E of 22.1×, and the shares are 28% below their 52-week high. Sales and net profit fell 8.9% and 9.2% a year over 3 years; its ROCE of 8.3% is the lowest among the 7 largest Specialty Chemicals peers. It carries very little debt. It is a small-cap company with a market cap of ₹130 Cr, ranked 140th of 204 Specialty Chemicals companies by market cap; the shares fell 23% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Mar 2026.How we calculate this

past year
Open
₹24.60
Day high
₹25.75
Day low
₹24.03
Prev. close
₹25.02
Volume
11.8K

Health check

6 to check
  • ReturnsBehind

    −23.2% over a year, better than 0 of 7 peers.

  • Price tagPricier

    P/E 30.1 vs industry 22.1.

  • GrowthShrinking

    Sales −8.9%, profit −9.2% a year over 3 years.

  • ProfitabilityWeak

    ROCE 8.3% vs peer median 24.4%.

  • Balance sheetStretched

    Practically debt-free, Piotroski 2 of 9.

  • Red flags1 to check

    Return on equity is low at 7.7%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹130 Cr, #140 of 204 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Mar 2026: sales ₹78 Cr · profit ₹5 Cr
Market cap
₹130 Cr
Small cap
P/E
30.1
Industry 22.1
Price to book
1.56
Peers 13.33
Dividend yield
0.00%
ROE
7.7%
Peers 23.0%
ROCE
8.3%
Peers 24.4%
Debt to equity
0.03
Debt ₹1.95 Cr
EPS (TTM)
₹0.84
Face value ₹2
OPM (TTM)
5.6%
Net margin 6.4%
Sales growth
+33.4%
Latest quarter vs a year ago
Profit growth
+50.3%
Latest quarter vs a year ago
Price to sales
1.66
EV/EBITDA 13.9

Strengths and risks

Strengths

  • Practically debt-free.
  • Quarterly profit up 50.3% on a year ago.
  • Quarterly sales up 33.4% on a year ago.

Risks to check

  • Return on equity is low at 7.7%.

Derived automatically from reported figures. Not a recommendation.

About Hindcon Chemicals

Hindcon Chemicals Limited manufactures and sells sodium silicates and construction chemicals in India and internationally. The company offers cement additive products, including waterproofing compounds, concrete and mortar admixtures, concreting aids, protective coatings and sheeting, grouts, epoxy grouts and mortars, flooring, shotcrete aids, sealants, tile adhesives, removers and cleaning compounds, foundry aids, excavation aids, expansion and…

Headquarters
Kolkata
Employees
157
Sector
Basic Materials
ISIN
INE642Y01029
Website
hindcon.com

Price range

52 weeks

₹15.66₹35.05

Today

₹24.03₹25.75
Avg volume (3M)
50.8K
1-year return
minus 23.2%
From 52-week high
minus 27.8%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
ASIANPAINTAsian Paints2,546.00plus 0.88%2,44,02550.535.024.4%18.9%0.211.1%plus 1.5%
SOLARINDSSolar Industries India18,608.00plus 0.48%1,68,38474.464.129.5%27.8%0.2212.4%plus 35.9%
PIDILITINDPidilite Industries1,579.00plus 1.63%1,60,82760.044.428.5%23.5%0.037.4%plus 6.8%
LINDEINDIALinde India6,859.00plus 8.73%58,496118.464.216.3%31.5%0.23–plus 5.4%
BERGEPAINTBerger Paints India478.35minus 5.28%55,77645.429.420.6%15.3%0.154.2%minus 6.0%
FLUOROCHEMGujarat Fluorochemicals4,665.50minus 0.94%51,25175.944.09.6%24.1%0.26−4.5%plus 28.0%
ACUTAASAcutaas Chemicals3,786.60plus 0.42%31,00170.964.127.7%39.4%0.0129.4%plus 105.6%
HINDCONHindcon Chemicals25.32plus 1.20%13030.133.28.3%5.6%0.19−8.9%minus 23.2%
Median of 7 peers–0.48%58,49670.944.424.4%24.1%0.215.8%6.8%

Quarterly results

Consolidated, ₹ crore · latest reported Mar 26
SalesSelect a row below to chart it
₹ CrMar 25Jun 25Sep 25Dec 25Mar 26
15.414.915.314.220.6
14.413.214.613.919.7
11.70.70.30.9
6.7%11.5%4.9%2.2%4.4%
−0.10.40.60.60.7
000.10.20.2
0.20.20.20.30.3
0.71.910.41.1
22.0%28.1%25.6%43.4%31.7%
0.61.40.70.30.8
0.150.350.190.080.22

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−8.9%
Profit CAGR 3Y
−9.2%
ROE
7.7%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
85.664.256.464.8
–minus 24.9%minus 12.2%+14.9%
8057.152.161.2
5.67.14.23.7
6.5%11.0%7.5%5.6%
0.71.61.82.2
0.10.10.10.5
0.30.40.81
0.10.10.10
68.45.24.4
27.7%25.4%26.7%30.0%
4.36.23.83.2
–+43.1%minus 38.5%minus 14.9%
1.131.621.00–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
7.77.77.77.7
34.742.346.449.4
1–0.810.8
10.39.698.6
53.659.663.876.5
36.27.89.9
0.4–0.71.2
2.299.33.6
10.311.813.918.9
37.732.632.142.9
53.659.663.876.5

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5.49.22.7−3.9
0.7−6.5−5.7−4.8
−0.8−1.40.310.2
5.31.3−2.61.4
−1.5−3.6−2.3−3.1
3.85.50.4−7
−0.5−0.4−0.4–

Shareholding pattern

Source: NSE filings
69.0%
promoters
  • Promoters69.02%
  • Public30.98%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202669.02%30.98%plus 0.21
30 Jun 202668.81%31.19%plus 0.05
31 Mar 202668.76%31.24%plus 0.05
31 Dec 202568.71%31.29%0.00
30 Sep 202568.71%31.29%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you