Hindcon Chemicals Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:51 pm

Market Cap	189 Cr.
Current Price	36.9
High / Low	61.7/32.4
Stock P/E	37.6
Book Value	10.4
Dividend Yield	0.54 %
ROCE	17.9 %
ROE	13.4 %
Face Value	2.00
PEG Ratio	29.57

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Hindcon Chemicals Ltd

Competitors of Hindcon Chemicals Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Diamines & Chemicals Ltd	361 Cr.	369	693/340	97.2	166	0.68 %	15.8 %	10.9 %	10.0
Deco-Mica Ltd	26.6 Cr.	63.3	122/57.4	9.73	59.8	0.00 %	13.5 %	9.75 %	10.0
Andhra Sugars Ltd	1,005 Cr.	74.2	129/66.4	21.3	116	1.35 %	5.34 %	4.70 %	2.00
Tamil Nadu Petro Products Ltd	638 Cr.	70.9	111/63.8	16.4	96.6	1.69 %	9.14 %	6.79 %	10.0
SRF Ltd	87,011 Cr.	2,935	2,995/2,089	75.9	405	0.25 %	12.7 %	12.2 %	10.0
Industry Average	13,025.78 Cr	976.63		43.67	174.79	0.57%	13.05%	11.04%	7.60

All Competitor Stocks of Hindcon Chemicals Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	16.68	21.50	21.06	18.64	26.64	19.25	17.27	19.46	13.44	14.34	12.91	12.96	15.27
Expenses	15.29	20.07	19.79	18.19	24.86	17.59	14.18	18.44	12.25	12.55	11.18	12.71	14.06
Operating Profit	1.39	1.43	1.27	0.45	1.78	1.66	3.09	1.02	1.19	1.79	1.73	0.25	1.21
OPM %	8.33%	6.65%	6.03%	2.41%	6.68%	8.62%	17.89%	5.24%	8.85%	12.48%	13.40%	1.93%	7.92%
Other Income	0.31	0.21	0.23	0.42	0.27	0.27	0.41	0.31	0.29	0.67	0.35	0.74	0.86
Interest	0.00	0.00	0.01	0.01	0.02	0.01	0.01	0.03	0.01	0.02	0.00	0.02	0.01
Depreciation	0.07	0.08	0.07	0.07	0.07	0.08	0.06	0.07	0.08	0.14	0.19	0.20	0.20
Profit before tax	1.63	1.56	1.42	0.79	1.96	1.84	3.43	1.23	1.39	2.30	1.89	0.77	1.86
Tax %	34.97%	22.44%	28.17%	31.65%	27.55%	26.63%	25.66%	30.08%	27.34%	21.74%	30.16%	23.38%	25.81%
Net Profit	1.07	1.21	1.04	0.54	1.41	1.36	2.55	0.88	1.01	1.80	1.31	0.58	1.37
EPS in Rs	0.21	0.23	0.20	0.11	0.27	0.26	0.49	0.17	0.20	0.35	0.25	0.11	0.27

Last Updated: February 28, 2025, 7:31 pm

Below is a detailed analysis of the quarterly data for Hindcon Chemicals Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹15.27 Cr.. The value appears strong and on an upward trend. It has increased from 12.96 Cr. (Sep 2024) to ₹15.27 Cr., marking an increase of ₹2.31 Cr..
For Expenses, as of Dec 2024, the value is ₹14.06 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 12.71 Cr. (Sep 2024) to ₹14.06 Cr., marking an increase of ₹1.35 Cr..
For Operating Profit, as of Dec 2024, the value is ₹1.21 Cr.. The value appears strong and on an upward trend. It has increased from 0.25 Cr. (Sep 2024) to ₹1.21 Cr., marking an increase of ₹0.96 Cr..
For OPM %, as of Dec 2024, the value is 7.92%. The value appears strong and on an upward trend. It has increased from 1.93% (Sep 2024) to 7.92%, marking an increase of 5.99%.
For Other Income, as of Dec 2024, the value is ₹0.86 Cr.. The value appears strong and on an upward trend. It has increased from 0.74 Cr. (Sep 2024) to ₹0.86 Cr., marking an increase of ₹0.12 Cr..
For Interest, as of Dec 2024, the value is ₹0.01 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.02 Cr. (Sep 2024) to ₹0.01 Cr., marking a decrease of 0.01 Cr..
For Depreciation, as of Dec 2024, the value is ₹0.20 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.20 Cr..
For Profit before tax, as of Dec 2024, the value is ₹1.86 Cr.. The value appears strong and on an upward trend. It has increased from 0.77 Cr. (Sep 2024) to ₹1.86 Cr., marking an increase of ₹1.09 Cr..
For Tax %, as of Dec 2024, the value is 25.81%. The value appears to be increasing, which may not be favorable. It has increased from 23.38% (Sep 2024) to 25.81%, marking an increase of 2.43%.
For Net Profit, as of Dec 2024, the value is ₹1.37 Cr.. The value appears strong and on an upward trend. It has increased from 0.58 Cr. (Sep 2024) to ₹1.37 Cr., marking an increase of ₹0.79 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.27. The value appears strong and on an upward trend. It has increased from ₹0.11 (Sep 2024) to 0.27, marking an increase of ₹0.16.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:04 pm

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	32.83	32.34	33.81	35.28	44.40	44.07	44.27	66.62	85.59	64.51	55.48
Expenses	33.30	30.24	30.20	30.49	40.65	40.55	39.71	61.63	80.42	57.41	50.50
Operating Profit	-0.47	2.10	3.61	4.79	3.75	3.52	4.56	4.99	5.17	7.10	4.98
OPM %	-1.43%	6.49%	10.68%	13.58%	8.45%	7.99%	10.30%	7.49%	6.04%	11.01%	8.98%
Other Income	2.03	0.09	0.35	0.98	0.57	1.00	2.15	1.37	1.19	1.68	2.62
Interest	0.79	0.68	0.67	0.52	0.23	0.09	0.08	0.02	0.05	0.08	0.05
Depreciation	0.27	0.21	0.18	0.14	0.13	0.14	0.18	0.25	0.29	0.35	0.73
Profit before tax	0.50	1.30	3.11	5.11	3.96	4.29	6.45	6.09	6.02	8.35	6.82
Tax %	32.00%	34.62%	32.80%	22.31%	28.03%	33.33%	25.89%	30.05%	27.74%	25.39%
Net Profit	0.34	0.85	2.09	3.98	2.82	2.84	4.77	4.26	4.36	6.23	5.06
EPS in Rs	0.45	1.12	2.76	0.78	0.55	0.55	0.92	0.83	0.84	1.21	0.98
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	16.32%	24.31%	24.32%	30.83%	0.00%	12.41%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	150.00%	145.88%	90.43%	-29.15%	0.71%	67.96%	-10.69%	2.35%	42.89%
Change in YoY Net Profit Growth (%)	0.00%	-4.12%	-55.45%	-119.58%	29.85%	67.25%	-78.65%	13.04%	40.54%

Hindcon Chemicals Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2015-2016 to 2023-2024.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: November 14, 2024, 11:35 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.76	0.76	0.85	10.24	7.67	7.67	7.67	7.67	7.67	7.67	7.67
Reserves	10.69	11.50	14.23	15.47	22.42	24.67	27.78	31.47	34.68	42.28	45.30
Borrowings	8.92	5.28	5.02	0.82	0.18	0.30	0.99	1.24	0.98	0.00	0.61
Other Liabilities	4.43	6.30	5.94	6.60	5.95	6.73	6.78	12.23	10.31	9.62	10.35
Total Liabilities	24.80	23.84	26.04	33.13	36.22	39.37	43.22	52.61	53.64	59.57	63.93
Fixed Assets	0.93	0.92	1.11	1.08	1.00	1.13	1.41	1.72	2.57	6.25	6.28
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.39	0.00	0.00
Investments	0.28	0.66	0.81	3.24	4.32	4.47	2.79	3.21	2.19	4.66	5.93
Other Assets	23.59	22.26	24.12	28.81	30.90	33.77	39.02	47.68	48.49	48.66	51.72
Total Assets	24.80	23.84	26.04	33.13	36.22	39.37	43.22	52.61	53.64	59.57	63.93

Below is a detailed analysis of the balance sheet data for Hindcon Chemicals Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹7.67 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹7.67 Cr..
For Reserves, as of Sep 2024, the value is ₹45.30 Cr.. The value appears strong and on an upward trend. It has increased from ₹42.28 Cr. (Mar 2024) to ₹45.30 Cr., marking an increase of 3.02 Cr..
For Borrowings, as of Sep 2024, the value is ₹0.61 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹0.00 Cr. (Mar 2024) to ₹0.61 Cr., marking an increase of 0.61 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹10.35 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹9.62 Cr. (Mar 2024) to ₹10.35 Cr., marking an increase of 0.73 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹63.93 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹59.57 Cr. (Mar 2024) to ₹63.93 Cr., marking an increase of 4.36 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹6.28 Cr.. The value appears strong and on an upward trend. It has increased from ₹6.25 Cr. (Mar 2024) to ₹6.28 Cr., marking an increase of 0.03 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Investments, as of Sep 2024, the value is ₹5.93 Cr.. The value appears strong and on an upward trend. It has increased from ₹4.66 Cr. (Mar 2024) to ₹5.93 Cr., marking an increase of 1.27 Cr..
For Other Assets, as of Sep 2024, the value is ₹51.72 Cr.. The value appears strong and on an upward trend. It has increased from ₹48.66 Cr. (Mar 2024) to ₹51.72 Cr., marking an increase of 3.06 Cr..
For Total Assets, as of Sep 2024, the value is ₹63.93 Cr.. The value appears strong and on an upward trend. It has increased from ₹59.57 Cr. (Mar 2024) to ₹63.93 Cr., marking an increase of 4.36 Cr..

Notably, the Reserves (₹45.30 Cr.) exceed the Borrowings (0.61 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-0.21	3.82	0.70	2.44	-1.98	2.12	4.78	-4.44	5.37	9.18
Cash from Investing Activity +	-0.30	-0.52	0.48	-1.35	-0.27	0.18	0.79	1.88	0.75	-6.49
Cash from Financing Activity +	1.96	-4.34	-0.87	2.24	-0.78	-0.47	-0.01	-1.70	-0.84	-1.44
Net Cash Flow	1.46	-1.05	0.31	3.33	-3.03	1.83	5.56	-4.26	5.27	1.26

Free Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-9.39	-3.18	-1.41	3.97	3.57	3.22	3.57	3.75	4.19	7.10

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	199.90	204.51	199.50	189.43	159.56	164.24	158.38	144.42	111.65	125.83
Inventory Days	17.87	18.30	13.08	43.62	28.94	22.98	21.77	24.26	17.35	12.03
Days Payable	41.21	60.55	50.92	55.52	39.08	54.34	50.63	53.69	38.78	42.55
Cash Conversion Cycle	176.57	162.27	161.66	177.53	149.42	132.88	129.53	115.00	90.22	95.32
Working Capital Days	193.45	169.41	182.34	177.53	191.13	200.68	167.62	159.54	118.81	128.27
ROCE %		10.43%	19.92%	21.20%	14.70%	13.98%	18.85%	15.69%	14.34%	17.87%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	68.08%	68.08%	68.08%	68.12%	68.16%	68.16%	68.34%	68.52%	68.52%	68.64%	68.64%	68.64%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.03%
Public	31.92%	31.93%	31.92%	31.88%	31.84%	31.84%	31.66%	31.48%	31.48%	31.36%	31.36%	31.34%
No. of Shareholders	5,850	5,946	7,741	10,441	10,777	11,158	10,937	23,797	28,124	26,744	28,956	31,337

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	1.62	5.68	5.56	5.89	3.71
Diluted EPS (Rs.)	1.62	5.68	5.56	5.89	3.71
Cash EPS (Rs.)	1.72	6.05	5.89	6.19	3.91
Book Value[Excl.RevalReserv]/Share (Rs.)	13.18	55.83	51.61	47.51	42.46
Book Value[Incl.RevalReserv]/Share (Rs.)	13.18	55.83	51.61	47.51	42.46
Revenue From Operations / Share (Rs.)	16.82	111.57	86.83	57.85	57.95
PBDIT / Share (Rs.)	2.29	8.29	8.30	8.59	5.78
PBIT / Share (Rs.)	2.20	7.92	7.97	8.34	5.60
PBT / Share (Rs.)	2.18	7.85	7.94	8.32	5.60
Net Profit / Share (Rs.)	1.62	5.68	5.56	5.95	3.73
NP After MI And SOA / Share (Rs.)	1.61	5.63	5.51	5.89	3.71
PBDIT Margin (%)	13.61	7.43	9.55	14.84	9.98
PBIT Margin (%)	13.06	7.09	9.17	14.42	9.66
PBT Margin (%)	12.94	7.03	9.14	14.39	9.65
Net Profit Margin (%)	9.66	5.08	6.39	10.28	6.43
NP After MI And SOA Margin (%)	9.58	5.04	6.35	10.18	6.39
Return on Networth / Equity (%)	12.37	10.19	10.80	12.50	8.79
Return on Capital Employeed (%)	16.57	14.06	15.42	17.42	13.07
Return On Assets (%)	10.37	8.05	8.04	10.15	7.19
Total Debt / Equity (X)	0.00	0.02	0.03	0.02	0.01
Asset Turnover Ratio (%)	1.14	1.61	1.35	1.09	1.21
Current Ratio (X)	4.95	4.56	3.56	4.83	5.07
Quick Ratio (X)	4.77	4.24	3.29	4.57	4.75
Inventory Turnover Ratio (X)	13.20	14.54	11.99	11.21	11.32
Dividend Payout Ratio (NP) (%)	6.27	12.43	45.54	15.26	16.19
Dividend Payout Ratio (CP) (%)	5.93	11.65	42.97	14.66	15.43
Earning Retention Ratio (%)	93.73	87.57	54.46	84.74	83.81
Cash Earning Retention Ratio (%)	94.07	88.35	57.03	85.34	84.57
Interest Coverage Ratio (X)	116.14	126.44	284.21	447.20	1412.60
Interest Coverage Ratio (Post Tax) (X)	83.43	87.60	191.32	310.80	911.53
Enterprise Value (Cr.)	188.47	51.83	49.65	9.63	5.83
EV / Net Operating Revenue (X)	2.92	0.60	0.74	0.21	0.13
EV / EBITDA (X)	21.47	8.15	7.80	1.46	1.31
MarketCap / Net Operating Revenue (X)	3.10	0.70	0.80	0.42	0.18
Retention Ratios (%)	93.72	87.56	54.45	84.73	83.80
Price / BV (X)	4.00	1.43	1.36	0.51	0.26
Price / Net Operating Revenue (X)	3.10	0.70	0.80	0.42	0.18
EarningsYield	0.03	0.07	0.07	0.24	0.33

After reviewing the key financial ratios for Hindcon Chemicals Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. It has decreased from 10.00 (Mar 23) to 2.00, marking a decrease of 8.00.
For Basic EPS (Rs.), as of Mar 24, the value is 1.62. This value is below the healthy minimum of 5. It has decreased from 5.68 (Mar 23) to 1.62, marking a decrease of 4.06.
For Diluted EPS (Rs.), as of Mar 24, the value is 1.62. This value is below the healthy minimum of 5. It has decreased from 5.68 (Mar 23) to 1.62, marking a decrease of 4.06.
For Cash EPS (Rs.), as of Mar 24, the value is 1.72. This value is below the healthy minimum of 3. It has decreased from 6.05 (Mar 23) to 1.72, marking a decrease of 4.33.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 13.18. It has decreased from 55.83 (Mar 23) to 13.18, marking a decrease of 42.65.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 13.18. It has decreased from 55.83 (Mar 23) to 13.18, marking a decrease of 42.65.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 16.82. It has decreased from 111.57 (Mar 23) to 16.82, marking a decrease of 94.75.
For PBDIT / Share (Rs.), as of Mar 24, the value is 2.29. This value is within the healthy range. It has decreased from 8.29 (Mar 23) to 2.29, marking a decrease of 6.00.
For PBIT / Share (Rs.), as of Mar 24, the value is 2.20. This value is within the healthy range. It has decreased from 7.92 (Mar 23) to 2.20, marking a decrease of 5.72.
For PBT / Share (Rs.), as of Mar 24, the value is 2.18. This value is within the healthy range. It has decreased from 7.85 (Mar 23) to 2.18, marking a decrease of 5.67.
For Net Profit / Share (Rs.), as of Mar 24, the value is 1.62. This value is below the healthy minimum of 2. It has decreased from 5.68 (Mar 23) to 1.62, marking a decrease of 4.06.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 1.61. This value is below the healthy minimum of 2. It has decreased from 5.63 (Mar 23) to 1.61, marking a decrease of 4.02.
For PBDIT Margin (%), as of Mar 24, the value is 13.61. This value is within the healthy range. It has increased from 7.43 (Mar 23) to 13.61, marking an increase of 6.18.
For PBIT Margin (%), as of Mar 24, the value is 13.06. This value is within the healthy range. It has increased from 7.09 (Mar 23) to 13.06, marking an increase of 5.97.
For PBT Margin (%), as of Mar 24, the value is 12.94. This value is within the healthy range. It has increased from 7.03 (Mar 23) to 12.94, marking an increase of 5.91.
For Net Profit Margin (%), as of Mar 24, the value is 9.66. This value is within the healthy range. It has increased from 5.08 (Mar 23) to 9.66, marking an increase of 4.58.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 9.58. This value is within the healthy range. It has increased from 5.04 (Mar 23) to 9.58, marking an increase of 4.54.
For Return on Networth / Equity (%), as of Mar 24, the value is 12.37. This value is below the healthy minimum of 15. It has increased from 10.19 (Mar 23) to 12.37, marking an increase of 2.18.
For Return on Capital Employeed (%), as of Mar 24, the value is 16.57. This value is within the healthy range. It has increased from 14.06 (Mar 23) to 16.57, marking an increase of 2.51.
For Return On Assets (%), as of Mar 24, the value is 10.37. This value is within the healthy range. It has increased from 8.05 (Mar 23) to 10.37, marking an increase of 2.32.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. It has decreased from 0.02 (Mar 23) to 0.00, marking a decrease of 0.02.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.14. It has decreased from 1.61 (Mar 23) to 1.14, marking a decrease of 0.47.
For Current Ratio (X), as of Mar 24, the value is 4.95. This value exceeds the healthy maximum of 3. It has increased from 4.56 (Mar 23) to 4.95, marking an increase of 0.39.
For Quick Ratio (X), as of Mar 24, the value is 4.77. This value exceeds the healthy maximum of 2. It has increased from 4.24 (Mar 23) to 4.77, marking an increase of 0.53.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 13.20. This value exceeds the healthy maximum of 8. It has decreased from 14.54 (Mar 23) to 13.20, marking a decrease of 1.34.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 6.27. This value is below the healthy minimum of 20. It has decreased from 12.43 (Mar 23) to 6.27, marking a decrease of 6.16.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 5.93. This value is below the healthy minimum of 20. It has decreased from 11.65 (Mar 23) to 5.93, marking a decrease of 5.72.
For Earning Retention Ratio (%), as of Mar 24, the value is 93.73. This value exceeds the healthy maximum of 70. It has increased from 87.57 (Mar 23) to 93.73, marking an increase of 6.16.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 94.07. This value exceeds the healthy maximum of 70. It has increased from 88.35 (Mar 23) to 94.07, marking an increase of 5.72.
For Interest Coverage Ratio (X), as of Mar 24, the value is 116.14. This value is within the healthy range. It has decreased from 126.44 (Mar 23) to 116.14, marking a decrease of 10.30.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 83.43. This value is within the healthy range. It has decreased from 87.60 (Mar 23) to 83.43, marking a decrease of 4.17.
For Enterprise Value (Cr.), as of Mar 24, the value is 188.47. It has increased from 51.83 (Mar 23) to 188.47, marking an increase of 136.64.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.92. This value is within the healthy range. It has increased from 0.60 (Mar 23) to 2.92, marking an increase of 2.32.
For EV / EBITDA (X), as of Mar 24, the value is 21.47. This value exceeds the healthy maximum of 15. It has increased from 8.15 (Mar 23) to 21.47, marking an increase of 13.32.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.10. This value exceeds the healthy maximum of 3. It has increased from 0.70 (Mar 23) to 3.10, marking an increase of 2.40.
For Retention Ratios (%), as of Mar 24, the value is 93.72. This value exceeds the healthy maximum of 70. It has increased from 87.56 (Mar 23) to 93.72, marking an increase of 6.16.
For Price / BV (X), as of Mar 24, the value is 4.00. This value exceeds the healthy maximum of 3. It has increased from 1.43 (Mar 23) to 4.00, marking an increase of 2.57.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.10. This value exceeds the healthy maximum of 3. It has increased from 0.70 (Mar 23) to 3.10, marking an increase of 2.40.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 23) to 0.03, marking a decrease of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hindcon Chemicals Ltd as of March 12, 2025 is: ₹42.15

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Hindcon Chemicals Ltd is Undervalued by 14.23% compared to the current share price 36.90

Intrinsic Value of Hindcon Chemicals Ltd as of March 12, 2025 is: 42.69

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Hindcon Chemicals Ltd is Undervalued by 15.69% compared to the current share price 36.90

Last 5 Year EPS CAGR: 1.27%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (25.50 cr) compared to borrowings (2.21 cr), indicating strong financial stability. The company has shown consistent growth in sales (49.02 cr) and profit (4.73 cr) over the years.	The stock has a low average ROCE of 14.70%, which may not be favorable. The stock has a high average Working Capital Days of 168.88, which may not be favorable. The stock has a high average Cash Conversion Cycle of 139.04, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Hindcon Chemicals Ltd:
1. Net Profit Margin: 9.66%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 16.57% (Industry Average ROCE: 13.05%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 12.37% (Industry Average ROE: 11.04%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 83.43
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 4.77
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 37.6 (Industry average Stock P/E: 43.67)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Hindcon Chemicals Ltd. is a Public Limited Listed company incorporated on 25/08/1998 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L24117WB1998PLC087800 and registration number is 087800. Currently Company is involved in the business activities of Manufacture of various other chemical products(antiknock preparations, anti-freeze preparations, liquids for hydraulic transmission, composite diagnostic or laboratory reagents, writing or drawing ink, chemical substance used in manufacturing of pesticides and other chemical products). Company's Total Operating Revenue is Rs. 61.67 Cr. and Equity Capital is Rs. 10.24 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Chemicals - Others	No: 62/B, Braunfeld Row, Kolkata West Bengal 700027	contactus@hindcon.com http://www.hindcon.com

Management
Name	Position Held
Mr. Sanjay Goenka	Chairman & Managing Director
Mrs. Nilima Goenka	Whole Time Director
Mr. Ramsanatan Banerjee	Whole Time Director
Mr. Binay Kumar Agarwal	Independent Director
Ms. Divyaa Newatia	Independent Director
Mr. Girdhari Lal Goenka	Independent Director

FAQ

What is the latest intrinsic value of Hindcon Chemicals Ltd?

The latest intrinsic value of Hindcon Chemicals Ltd as on 12 March 2025 is ₹42.15, which is 14.23% higher than the current market price of 36.90, indicating the stock is undervalued by 14.23%. The intrinsic value of Hindcon Chemicals Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹189 Cr. and recorded a high/low of ₹61.7/32.4 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹45.30 Cr and total liabilities of ₹63.93 Cr.

What is the Market Cap of Hindcon Chemicals Ltd?

The Market Cap of Hindcon Chemicals Ltd is 189 Cr..

What is the current Stock Price of Hindcon Chemicals Ltd as on 12 March 2025?

The current stock price of Hindcon Chemicals Ltd as on 12 March 2025 is ₹36.9.

What is the High / Low of Hindcon Chemicals Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Hindcon Chemicals Ltd stocks is ₹61.7/32.4.

What is the Stock P/E of Hindcon Chemicals Ltd?

The Stock P/E of Hindcon Chemicals Ltd is 37.6.

What is the Book Value of Hindcon Chemicals Ltd?

The Book Value of Hindcon Chemicals Ltd is 10.4.

What is the Dividend Yield of Hindcon Chemicals Ltd?

The Dividend Yield of Hindcon Chemicals Ltd is 0.54 %.

What is the ROCE of Hindcon Chemicals Ltd?

The ROCE of Hindcon Chemicals Ltd is 17.9 %.

What is the ROE of Hindcon Chemicals Ltd?

The ROE of Hindcon Chemicals Ltd is 13.4 %.

What is the Face Value of Hindcon Chemicals Ltd?

The Face Value of Hindcon Chemicals Ltd is 2.00.