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Hindcon Chemicals

Hindcon Chemicals

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23.09
0.07−0.30%
DAY22
₹23.09
24
52W16
₹23.09
38
Open23.99
Prev Close23.16
Bid23.07100
Ask23.12100
Volume37.0K48%vs 20D avg
Market Cap₹104.22 Cr
Promoter Hold.68.7%
Face Value₹2
Fwd P/E
PEG
EV/EBITDA49.32
P/S1.85
ROA5.95%
Beta0.89
Div Payout33.77%
Valuation

Hindcon Chemicals Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Hindcon Chemicals Ltd, framed against the sector median so the premium or discount is obvious at a glance.

Hindcon Chemicals Ltd trades at a P/E of 37.37× and P/B of 2.04×.

Key MetricsLive · as of 16 Apr 2026
the price tag

Valuation

Market Cap
₹104.22 Cr
P/E Ratio
avg37.37
P/B Ratio
avg3.04
EPS
0.76
the engine

Profitability

ROE
watch2.12%
ROCE
watch9.97%
Net Margin
watch2.68%
Op Margin
watch2.28%
the trajectory

Growth

EPS YoY
watch-42.43%
Revenue YoY
avg7.9%
Qtr Sales
good15.3%
Qtr Profit
avg3.85%
the balance sheet

Financial Health

Debt / Equity
good0.01
Book Value
14.08
Div Yield
avg0.35%
Promoter Hold.
good68.7%
Financials

Hindcon Chemicals Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Hindcon Chemicals Ltd, switchable between annual and quarterly views, consolidated or standalone.

Hindcon Chemicals Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹104.22 Cr and reported EPS of ₹0.76.

Period20222023202420252026
Revenue from Operations
67
86
65
57
65
Other Income
1
1
2
2
2
Total Income
68
87
66
58
67
Cost of Goods Sold (COGS)
54
70
46
40
47
Gross Profit
13
16
18
17
18
+Operating Expenses
8
11
11
12
14
EBITDA
5
5
7
4
4
+Non-Operating Expenses
0
0
0
1
1
Profit Before Tax (PBT)
6
6
8
5
4
+Tax Expense
2
2
2
1
1
Profit After Tax (PAT)
4
4
6
4
3
Earnings Per Share (EPS)
0.83
0.84
1.21
0.74
0.63
Diluted Shares Outstanding (Nos.)
5
5
5
5
5
+Additional Disclosures
117
150
106
94
110
Sales Growth %
28.48
-24.63
-12.28
14.90
YoY Sales Growth %
28.48
-24.63
-12.28
14.90
Material Cost %
50
59
50
63
70
Employee Cost %
6
5
8
10
9
Other Cost %
6
8
9
12
13
OPM %
8
6
11
7
6
Tax %
30
28
25
27
30
Profit Growth %
2.18
43.07
-38.54
-19.55
Gross Margin %
0.00
0.00
0.00
0.00
0.00
EBITDA Margin %
0.00
0.00
0.00
0.00
0.00
Interest Coverage Ratio
0.00
0.00
0.00
0.00
0.00
Additional Fields
5
5
7
3
3
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Hindcon Chemicals segment analysis: revenue and profit mix.

Disclosed business segments at Hindcon Chemicals with their share of revenue and profit, switchable between consolidated and standalone reporting.

Hindcon Chemicals discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

Hindcon Chemicals Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy Hindcon Chemicals Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

Hindcon Chemicals Ltd's investment case rests on 6 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Promoter holding is robust at 68.71% and has shown a slight increase over the past few years, indicating strong management confidence in the company's future prospects.

  • The company maintains a very low debt-to-equity ratio of 0.01, suggesting a strong balance sheet and financial stability, which reduces financial risk for investors.

  • Hindcon Chemicals reported a healthy quarterly sales growth of 15.30%, demonstrating its ability to expand its revenue base in the competitive specialty chemicals market.

  • The company operates in the Specialty Chemicals industry, which is poised for growth due to increasing demand across various end-user sectors, offering potential for market expansion.

  • Expanding its product portfolio within the specialty chemicals segment or investing in R&D for innovative solutions could unlock new revenue streams and market share.

bear case

What can break it.

  • The Return on Equity (ROE) at 7.27% and Return on Capital Employed (ROCE) at 9.97% are relatively low, indicating less efficient capital utilization compared to industry benchmarks.

  • With a P/E ratio of 43.30 and a Price-to-Book Value of 3.08, the stock appears richly valued, especially when considering its modest profitability metrics.

  • The current price of 32.50 is near its 52-week low of 29.20, significantly below its 52-week high of 56.40, reflecting recent stock underperformance and volatility.

  • The company's quarterly profit growth stands at a modest 3.85%, which is considerably lower than many peers in the specialty chemicals sector, raising concerns about earnings momentum.

  • FII and DII holdings are negligible (0.00-0.03%), suggesting a lack of significant institutional investor confidence or interest in the company's equity.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 49. The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.

Shareholding

Hindcon shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Hindcon — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Hindcon Chemicals Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Hindcon Chemicals Ltd is highlighted for quick read-across.

Technicals

Hindcon Chemicals Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Hindcon Chemicals Ltd — derived from the live tape, not yesterday's close.

Hindcon Chemicals Ltd last traded at ₹23.09 with an intraday range of ₹22.3–₹23.99 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹23.09
LevelPrice (₹)Distance% Δ
R427.33+4.24+18.38%
R325.64+2.55+11.06%
R224.82+1.73+7.48%
R123.95+0.86+3.74%
PIVOT23.130.040.16%
CURRENT23.09
S118.88-4.21-18.22%
S220.57-2.52-10.90%
S321.44-1.65-7.16%
S422.26-0.83-3.58%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 23.11P: 23.13TC: 23.14
R1
R2
R3
R4
indicator
LTP: 23.09
PDH: 23.51
PDL: 22.30
● Market Sentiment

HINDCON is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Average

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery & Volume

Hindcon Chemicals Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Hindcon Chemicals Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Hindcon Chemicals Ltd stood at 48.8% of traded volume, against a 20-day average of 68.2%.

Avg Delivery (20D)68.2%-19.4 ppt latest vs avg
Highest Delivery93.8%on 24 Mar
Avg Volume (20D)71.2 K20-day run-rate
Conviction Trend↓ Weakening-19.4 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Hindcon Chemicals announcements: results, concalls, ratings, M&A.

Filings Hindcon Chemicals sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Hindcon Chemicals files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 33 documents below.

  1. 10 Apr 2026Price movementView PDF

    Price movement

    Significant movement in price has been observed in Hindcon Chemicals Limited. The Exchange, in order to ensure that investors have latest relevant…

  2. 09 Apr 2026Price movementView PDF

    Price movement

    Significant movement in price has been observed in Hindcon Chemicals Limited. The Exchange, in order to ensure that investors have latest relevant…

  3. 08 Apr 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Hindcon Chemicals Limited has informed the Exchange about Certificate as per Section 74(5) of SEBI (Depositories and Participants) Regulations, 2018

  4. 04 Apr 2026General UpdatesView PDF

    General Updates

    Hindcon Chemicals Limited has informed the Exchange about regarding Annual Disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of…

  5. 04 Apr 2026General UpdatesView PDF

    General Updates

    Hindcon Chemicals Limited has informed the Exchange about Disclosure by Larger Entities (LC) as on 31.03.2026.

Corporate Actions

Hindcon Chemicals dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Hindcon Chemicals has declared, sequenced by announce and record date.

Hindcon Chemicals corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Hindcon Chemicals Ltd: business, sector, key facts.

What Hindcon Chemicals Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Hindcon Chemicals Ltd operates in the Chemicals industry under the Materials sector, listed as NSE: HINDCON.

HINDCON
Chemicals

Hindcon Chemicals Ltd

NSE · HINDCON·hindcon.com

Hindcon Chemicals Limited is a prominent manufacturer and supplier of sodium silicates and a diverse range of construction chemicals, catering to both domestic Indian and international markets. The company's core business revolves around providing high-quality chemical solutions that enhance the performance and durability of construction projects.

A significant portion of Hindcon's product portfolio centers around cement additives. This extensive category includes a wide array of specialized products designed to improve various aspects of concrete and mortar applications. These offerings range from coating and impregnation solutions to admixtures that enhance workability and strength. The company also provides epoxy grouts and mortars, systems for managing expansion and contraction joints, and specialized products for flooring applications.

Beyond cement additives, Hindcon offers a comprehensive selection of other construction chemicals. These include foundry aids for metal casting, environmentally friendly ("green") products for sustainable building practices, protective coatings and sheeting materials, cleaning and removal compounds, sealants, and shotcrete aids. Further enhancing the breadth of their offerings, Hindcon also provides tile adhesives, waterproofing compounds, and aids for concreting, grinding, and excavation processes.

In addition to its extensive product line, Hindcon provides valuable services that complement its chemical offerings. These services include expert waterproofing and repair solutions, assistance with retrofitting and restructuring existing structures, and specialized specification services to help clients choose the right products for their specific projects. This integrated approach allows Hindcon to offer comprehensive solutions to the construction industry, moving beyond simply providing materials to offering complete project support.

Established in 1947 and headquartered in Kolkata, India, Hindcon Chemicals Limited has a long history of providing reliable and effective chemical solutions to the construction sector. Their wide-ranging product and service offerings position them as a key player in the Indian and international markets, contributing to the success of numerous construction projects.

company facts
Founded / IPO09/03/2018
Employees124
SectorMaterials
HeadquartersKolkata, WEST BENGAL, IN
Market Cap₹104.22 Cr
Listed OnNATIONAL STOCK EXCHANGE OF INDIA
leadership8 on record
Mr. Binay Agarwal
Non-Executive Independent Director
Mr. Girdhari Goenka
Non-Executive Independent Director
Mr. Kashi Dey
Chief Financial Officer
Mr. Krishna Tantia
Non-Executive Independent Director
Mr. Ramsanatan Banerjee
Whole Time Director
Mr. Sanjay Goenka
Chairman of the Board, Managing Director
Mrs. Nilima Goenka
Whole Time Director
Ms. Jaya Bajpai
Compliance Officer, Company Secretary
§ ∞ · Plainly Answered

Questions investors ask about Hindcon Chemicals Ltd (HINDCON).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Hindcon Chemicals Ltd (HINDCON)?

The current share price of Hindcon Chemicals Ltd (HINDCON) is ₹23.09. Today, the stock has declined by ₹0.07 (0.30%), trading in a range of ₹22.3 to ₹23.99. The stock opened at ₹23.99 with a trading volume of 36,989 shares.

02Is Hindcon Chemicals Ltd stock a good investment for long-term?

Hindcon Chemicals Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹104.22 crores, P/E ratio of 37.37, ROE of 2.12%, and ROCE of 9.97%. The dividend yield stands at 0.35%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Hindcon Chemicals Ltd stock?

The 52-week high price of Hindcon Chemicals Ltd (HINDCON) is ₹37.75, while the 52-week low is ₹15.66. Currently trading at ₹23.09, the stock is 33.6% away from its 52-week low and 38.8% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Hindcon Chemicals Ltd stock at the current price?

Whether to buy Hindcon Chemicals Ltd stock at ₹23.09 depends on multiple factors. The stock is currently trading with a P/E ratio of 37.37 and P/B ratio of 2.04. Today's performance shows a loss of 0.30%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Hindcon Chemicals Ltd and when is the next dividend?

Hindcon Chemicals Ltd offers a dividend yield of 0.35%, which means for every ₹100 invested at the current price of ₹23.09, you can expect to receive approximately ₹0.35 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Hindcon Chemicals Ltd?

Hindcon Chemicals Ltd's key financial metrics include: P/E Ratio: 37.37, P/B Ratio: 2.04, ROE: 2.12%, ROCE: 9.97%, Dividend Yield: 0.35%, EPS: ₹0.76, Book Value: ₹14.08, and Debt-to-Equity: 0.01. The company's market cap stands at ₹104.22 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Hindcon Chemicals Ltd stock performing today in the market?

Hindcon Chemicals Ltd stock opened at ₹23.99 and is currently trading at ₹23.09, showing a decline of ₹0.07 (0.30%). The intraday high is ₹23.99 and low is ₹22.3. The trading volume stands at 36,989 shares, indicating moderate market participation today.

08What is the P/E ratio of Hindcon Chemicals Ltd and what does it indicate?

Hindcon Chemicals Ltd has a Price-to-Earnings (P/E) ratio of 37.37, which means investors are willing to pay ₹37.37 for every ₹1 of earnings. With an EPS of ₹0.76, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Hindcon Chemicals Ltd (HINDCON) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.