Hindustan Organic Chemicals
Hindustan Organic Chemicals
CommoditiesTapetide Score
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Key Insights
Strengths
1- Stock is trading at 0.24 times its book value
Weaknesses
5- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.09% over past five years.
- Contingent liabilities of Rs.112 Cr.
- Earnings include an other income of Rs.18.2 Cr.
- Working capital days have increased from 242 days to 442 days
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | 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 | 145 | 189 | 187 | 183 | 59.36 | 175 | 165 | 137 | 164 | 126 | 147 | 136 | 96 |
| Expenses | 154 | 177 | 190 | 183 | 82.88 | 175 | 191 | 173 | 177 | 143 | 151 | 120 | 91.16 |
| Operating Profit | -8.96 | 11.47 | -3.15 | -0.55 | -23.52 | 0.05 | -25.91 | -36.75 | -13.42 | -17.18 | -3.63 | 16.65 | 4.84 |
| OPM % | -6.16% | 6.08% | -1.69% | -0.3% | -39.62% | 0.03% | -15.69% | -26.9% | -8.19% | -13.61% | -2.47% | 12.21% | 5.04% |
| Other Income | 3.21 | 4.7 | 3.53 | 6.68 | 4.64 | 5.05 | -34.53 | 551 | 12.62 | 4.75 | 5.4 | 3.62 | 4.44 |
| Interest | 16.97 | 17.45 | 17.68 | 17.48 | 16.05 | 18.15 | 18.26 | -9.6 | 4.98 | 5.26 | 5.13 | 5.05 | 4.95 |
| Depreciation | 0.31 | 0.36 | 0.37 | 0.39 | 0.38 | 0.45 | 0.46 | 0.35 | 0.44 | 0.48 | 0.52 | 0.5 | 0.49 |
| PBT | -23.03 | -1.64 | -17.67 | -11.74 | -35.31 | -13.5 | -79.16 | 523 | -6.22 | -18.17 | -3.88 | 14.72 | 3.84 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.64% | 0% | 0% | 0% | -6.59% | 0% |
| Net Profit | -23.04 | -1.65 | -17.67 | -11.74 | -35.31 | -13.51 | -79.16 | 520 | -6.22 | -18.16 | -3.88 | 15.69 | 3.84 |
| EPS in Rs | -3.44 | -0.21 | -2.65 | -1.77 | -5.27 | -2.03 | -11.76 | 77.39 | -0.94 | -2.7 | -0.58 | 2.34 | 0.57 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 178 | 143 | 176 | 275 | 503 | 325 | 407 | 434 | 631 | 704 | 536 | 574 | 506 |
| Expenses | 306 | 265 | 335 | 442 | 475 | 384 | 381 | 433 | 625 | 705 | 622 | 591 | 505 |
| Operating Profit | -129 | -121 | -159 | -167 | 28 | -58 | 27 | 1 | 6 | -1 | -86 | -18 | 1 |
| OPM % | -72% | -85% | -90% | -61% | 6% | -18% | 7% | 0.2% | 1% | -0.1% | -16% | -3.1% | 0.1% |
| Other Income | -26 | 15 | 6 | 63 | 117 | 21 | 21 | 34 | 6 | 18 | 526 | 26 | 18 |
| Interest | 53 | 69 | 98 | 78 | 68 | 58 | 54 | 66 | 67 | 70 | 43 | 20 | 20 |
| Depreciation | 10 | 10 | 9 | 6 | 3 | 3 | 3 | 1 | 1 | 1 | 2 | 2 | 2 |
| PBT | -217 | -185 | -259 | -187 | 73 | -98 | -8 | -32 | -55 | -54 | 395 | -14 | -3 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | -7% | — |
| Net Profit | -217 | -185 | -259 | -187 | 73 | -98 | -8 | -32 | -55 | -54 | 392 | -13 | -3 |
| EPS in Rs | -32.07 | -26.82 | -38.37 | -27.79 | 10.79 | -14.33 | 0.38 | -4.41 | -7.95 | -8.13 | 58.32 | -1.9 | -0.37 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | 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 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 |
| Reserves | -933 | -1,121 | 52 | -33 | 44 | -50 | -36 | -72 | -118 | -119 | 978 | 964 |
| Borrowings | 698 | 703 | 603 | 609 | 606 | 521 | 518 | 1,226 | 1,286 | 1,362 | 206 | 285 |
| Other Liabilities | 459 | 584 | 1,103 | 1,018 | 837 | 841 | 895 | 258 | 242 | 264 | 311 | 229 |
| Total Liabilities | 292 | 234 | 1,825 | 1,662 | 1,555 | 1,379 | 1,444 | 1,479 | 1,478 | 1,575 | 1,563 | 1,545 |
| Fixed Assets | 137 | 125 | 1,689 | 154 | 170 | 174 | 136 | 155 | 165 | 226 | 227 | 231 |
| CWIP | 11 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 143 | 104 | 131 | 1,508 | 1,384 | 1,204 | 1,309 | 1,324 | 1,313 | 1,349 | 1,331 | 1,313 |
| Total Assets | 292 | 234 | 1,825 | 1,662 | 1,555 | 1,379 | 1,444 | 1,479 | 1,478 | 1,575 | 1,563 | 1,545 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -116 | 46 | 59 | -451 | -160 | -81 | -50 | 10 | -13 | -66 | 631 | -70 |
| Investing | 0 | -6 | 0 | 343 | 112 | 164 | 8 | 11 | 7 | 56 | 10 | 12 |
| Financing | 104 | -48 | -59 | 179 | 3 | -90 | 52 | -32 | -10 | 6 | -642 | 58 |
| Net Cash Flow | -12 | -8 | 0 | 72 | -45 | -8 | 9 | -11 | -16 | -4 | -1 | 0 |
| Free Cash Flow | -116 | 40 | 59 | -109 | -53 | 75 | -49 | 10 | -14 | -67 | 624 | -72 |
| CFO/OP | 90 | -38 | -37 | 270 | -573 | 139 | -185 | 1,182 | -202 | 6,570 | -733 | 401 |
Ratios
| Particulars | 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 | 51 | 22 | 19 | 11 | 17 | 14 | 3 | 7 | 11 | 10 | 11 | 5 |
| Inventory Days | 208 | 230 | 319 | 176 | 74 | 95 | 103 | 111 | 44 | 53 | 52 | 44 |
| Days Payable | 406 | 733 | 941 | 477 | 133 | 66 | 30 | 58 | 34 | 50 | 42 | 14 |
| Cash Conversion Cycle | -146 | -481 | -604 | -291 | -43 | 43 | 76 | 60 | 21 | 13 | 21 | 36 |
| Working Capital Days | -744 | -1,311 | -2,729 | 330 | 235 | 79 | -15 | -134 | -159 | -199 | 483 | 442 |
| ROCE % | — | — | -91% | -17% | 16% | -7% | 9% | 4% | 1% | 1% | -5% | 0% |
Documents
Frequently Asked Questions about Hindustan Organic Chemicals
What does Hindustan Organic Chemicals Ltd do?
Where is Hindustan Organic Chemicals Ltd (HOCL) listed?
Which sector does Hindustan Organic Chemicals Ltd belong to?
Company Information
Incorporated in 1960, Hindustan Organic Chemicals Ltd is in the business of bulk industrial chemicals and chemical intermediates[1]
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