---
title: "Hindprakash Industries Ltd (HPIL) — Share Price, Financials & Analysis"
symbol: "HPIL"
company: "Hindprakash Industries Ltd"
canonical: "https://tapetide.com/stocks/HPIL"
isin: "INE05X901010"
nse_symbol: "HPIL"
bse_code: "543645"
sector: "Chemicals"
industry: "Dyes & Pigments"
market_cap_cr: 137.09
generated_at: "2026-09-13T19:14:38.665Z"
---

# Hindprakash Industries Ltd (HPIL)

Canonical page: https://tapetide.com/stocks/HPIL

## Company

- **NSE Symbol:** HPIL
- **BSE Code:** 543645
- **ISIN:** INE05X901010
- **Sector:** Chemicals
- **Industry:** Dyes & Pigments
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2022-11-07
- **CEO:** Mr. Sanjay Prakash Mangal
- **Employees:** 79
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hindprakash.in

## About

Incorporated in 2008, Hindprakash Industries 
Ltd does manufacturing and trading of dyes, intermediates, auxiliary, chemicals and other merchandise, etc.[1]

## Latest Price

- **Price:** ₹123.87
- **Change:** +3.84 (+3.2%)
- **Open:** ₹120.1
- **Day High:** ₹124.89
- **Day Low:** ₹120.04
- **Previous Close:** ₹120.03
- **Volume:** 278
- **As Of:** 2026-09-11T09:59:47+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:51.841391Z.

- **Market Cap:** ₹137.09 Cr
- **Classification:** Microcap
- **P/E (reported):** 39.1
- **P/E (TTM):** 40.48
- **EPS (TTM):** ₹3.06
- **EPS (reported):** ₹1.49
- **Book Value:** ₹47.65
- **Price to Book:** 2.52
- **Dividend Yield:** 0.42%
- **ROE:** 3.09%
- **ROCE:** 9.11%
- **Debt to Equity:** 0.61
- **Revenue (yearly):** ₹100.8 Cr
- **Net Income:** ₹1.6 Cr
- **EBITDA:** ₹5.2 Cr
- **52-Week High:** ₹154.45
- **52-Week Low:** ₹107
- **RSI (14):** 39.97

## Tapetide Score

- **Score:** 41 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Flat
- **Percentile:** 17.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 45.12 | 9% |
| growth | 37.94 | 9% |
| momentum | 59.67 | 12% |
| ownership | 50 | 24% |
| quality | 40.68 | 22% |
| valuation | 23.79 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Stock is trading at 2.60 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.02% over past five years.
- Company has a low return on equity of 1.06% over last 3 years.
- Earnings include an other income of Rs.10.4 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -37.33% | 25.1% | -36.09% |
| ebitda margin growth | -35.29% | -5.52% | 10.09% | — |
| net income growth | -57.14% | -36% | -40.74% | — |
| revenue growth | 74.84% | -1.66% | 5% | 5% |
| roce | -35.22% | -19.02% | -8.9% | — |
| roe | -63.77% | -46.54% | 5.33% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 30.04 | 15.21 | 26.76 | 22.48 | 20.29 | 20.46 | 38.58 | 30.15 | 31.33 | 22.77 | 30.8 | 26.57 |
| Expenses | 29.59 | 13.83 | 25.99 | 21.76 | 19.91 | 19.75 | 37.76 | 29.63 | 30.89 | 22.04 | 31.51 | 29.32 |
| Operating Profit | 0.45 | 1.38 | 0.77 | 0.72 | 0.38 | 0.71 | 0.82 | 0.52 | 0.44 | 0.73 | -0.71 | -2.75 |
| OPM % | 1.5 | 9.07 | 2.88 | 3.2 | 1.87 | 3.47 | 2.13 | 1.72 | 1.4 | 3.21 | -2.31 | -10.35 |
| Other Income | 0.36 | 0.32 | 0.37 | 0.37 | 1.27 | 0.5 | 0.54 | 0.72 | 0.65 | 1.16 | 4.08 | 4.56 |
| Interest | 0.67 | 0.66 | 0.64 | 0.63 | 0.66 | 0.69 | 0.68 | 1 | 0.79 | 1.2 | 1 | 1.06 |
| Depreciation | 0.11 | 0.11 | 0.11 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.11 |
| Profit before tax | 0.03 | 0.93 | 0.39 | 0.36 | 0.89 | 0.42 | 0.58 | 0.14 | 0.2 | 0.59 | 2.27 | 0.64 |
| Tax % | 66.67 | 24.73 | 35.9 | 27.78 | 25.84 | 26.19 | 25.86 | 28.57 | 30 | 25.42 | 8.37 | -34.38 |
| Net Profit | 0.01 | 0.69 | 0.25 | 0.26 | 0.66 | 0.3 | 0.42 | 0.1 | 0.14 | 0.43 | 2.07 | 0.86 |
| EPS in Rs | 0.01 | 0.66 | 0.22 | 0.23 | 0.58 | 0.26 | 0.37 | 0.09 | 0.12 | 0.38 | 1.81 | 0.75 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 87 | 97 | 105 | 90 | 104 | 101 | 100 | 102 | 115 | 111 |
| Expenses | 83 | 92 | 100 | 87 | 100 | 97 | 96 | 99 | 113 | 114 |
| Operating Profit | 5 | 4 | 5 | 3 | 4 | 4 | 4 | 3 | 2 | -2 |
| OPM % | 5 | 4.3 | 4.4 | 3.3 | 3.6 | 3.8 | 3.9 | 2.6 | 1.7 | -2 |
| Other Income | 0 | 1 | 2 | 2 | 1 | 2 | 1 | 3 | 6 | 10 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 4 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 4 | 4 | 5 | 3 | 4 | 3 | 2 | 2 | 3 | 4 |
| Tax % | 34 | 29 | 29 | 25 | 26 | 26 | 28 | 26 | 14 | — |
| Net Profit | 2 | 3 | 3 | 2 | 3 | 2 | 2 | 2 | 3 | 4 |
| EPS in Rs | 10.76 | 3.79 | 3.26 | 2.31 | 2.62 | 2.36 | 1.34 | 1.44 | 2.41 | 3.06 |
| Dividend Payout % | 0 | 1 | 31 | 43 | 38 | 21 | 37 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 2 | 8 | 10 | 10 | 10 | 10 | 11 | 11 | 11 |
| Reserves | 12 | 15 | 12 | 24 | 26 | 28 | 32 | 39 | 40 | 43 |
| Borrowings | 11 | 11 | 15 | 6 | 10 | 9 | 21 | 22 | 30 | 33 |
| Other Liabilities | 9 | 3 | 13 | 17 | 10 | 8 | 16 | 12 | 11 | 4 |
| Total Liabilities | 35 | 31 | 48 | 57 | 56 | 56 | 80 | 85 | 93 | 91 |
| Fixed Assets | 3 | 3 | 11 | 11 | 12 | 11 | 15 | 15 | 15 | 15 |
| CWIP | 0 | 0 | 0 | 1 | 2 | 3 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 7 | 5 |
| Other Assets | 31 | 28 | 37 | 44 | 43 | 42 | 60 | 65 | 71 | 72 |
| Total Assets | 35 | 31 | 48 | 57 | 56 | 56 | 80 | 85 | 93 | 91 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 1 | -1 | -1 | -2 | 3 | 5 | 3 | -4 | -9 |
| Cash from Investing Activity | 0 | 0 | -7 | 1 | 0 | 1 | -13 | -8 | 2 | 11 |
| Cash from Financing Activity | 1 | -1 | 8 | 0 | 2 | -3 | 8 | 4 | 5 | -1 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -1 | 3 | 0 |
| Free Cash Flow | -1 | 1 | -9 | -2 | -4 | 2 | 3 | 3 | -5 | -9 |
| CFO/OP | 15 | 37 | 23 | -1 | -60 | 106 | 154 | 93 | -143 | -419 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 70 | 56 | 83 | 77 | 95 | 82 | 118 | 95 | 113 | 94 |
| Inventory Days | 47 | 46 | 43 | 52 | 66 | 60 | 64 | 79 | 81 | 54 |
| Days Payable | 40 | 11 | 32 | 38 | 16 | 12 | 58 | 45 | 38 | 9 |
| Cash Conversion Cycle | 77 | 90 | 95 | 91 | 144 | 130 | 123 | 130 | 156 | 139 |
| Working Capital Days | 48 | 57 | 49 | 94 | 112 | 112 | 67 | 62 | 98 | 105 |
| ROCE % | 20 | 18 | 17 | 16 | 10 | 10 | 9 | 7 | 5 | 5 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.85% | 74.65% | 74.95% | 74.95% | 74.95% | 74.85% | 74.85% | 74.85% | 74.85% | 74.85% | 74.85% | 74.85% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 19.87% | 20.09% | 20.23% | 20.22% | 20.2% | 18.36% | 17.48% | 17.51% | 17.15% | 17.31% | 17.58% | 17.54% |
| Others | 5.28% | 5.25% | 4.82% | 4.83% | 4.85% | 6.79% | 7.67% | 7.64% | 8% | 7.84% | 7.57% | 7.61% |
| No. of Shareholders | 2416 | 2303 | 2721 | 2794 | 2902 | 3355 | 3471 | 3374 | 3505 | 3239 | 3099 | 3094 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 3 / 7 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 122.01 | Buy |
| EMA (10) | 122.63 | Buy |
| SMA (20) | 124.77 | Sell |
| EMA (20) | 123.74 | Buy |
| SMA (50) | 125.04 | Sell |
| EMA (50) | 125.23 | Sell |
| SMA (100) | 128.17 | Sell |
| EMA (100) | 126.52 | Sell |
| SMA (200) | 128.58 | Sell |
| EMA (200) | 128.05 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.21 | Neutral |
| MACD (12,26,9) | -1.28 | Sell |
| Stochastic (14,3,3) | 29.17 | Neutral |
| ADX (14) | 11.85 | Neutral |
| Williams %R (14) | -61.81 | Neutral |
| ATR (14) | 5.17 | High Volatility |
| ROC (12) | -3.69 | Sell |
| Stoch RSI (14) | 70.48 | Neutral |
| UO (7,14,28) | 49.25 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f905126b-c93d-4cbe-97b3-e950c0e870e0.pdf) |
| 2026-09-03 | [Shareholder Meeting- AGM On 28Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d29009bc-8ead-4d1d-8712-f6b0f7e3ef98.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ab2c389-0cc5-46c1-b024-9e5c46bbd6ef.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b248d24a-9609-4bf8-8c19-1bca5c5ac24a.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Submission Of Quarterly Result For 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28b82e06-2f33-44ff-b3c8-3c94c8d9329d.pdf) |
| 2026-07-11 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bfb84a87-0bd7-4585-8867-78d02c1a778d.pdf) |
| 2026-06-30 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35195a5d-ad14-4f9d-8573-4f4a0935e5cd.pdf) |
| 2026-06-30 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6fa4cb9f-b06d-4f52-8926-c581cfd7f353.pdf) |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e8b7a74-c342-4cd3-bcb2-aafb5c91a92b.pdf) |
| 2026-05-28 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f5d338b-0912-4245-9a91-01a03eb4eb20.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Results- Financial Result For June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7dfb336f-b798-41ca-bd12-774b47beb655.pdf) |
| 2026-05-28 | [Audited Standalone Financial Results 31/03/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f171700-0d71-4c5d-8283-ca702107c9d1.pdf) |
| 2026-02-13 | [Board Of Directors Of The Company At Its Meeting Held Today I.E. On Friday February 13 2026 Has Inter-Alia Considered And Approved An Unaudited Standalone Financial Results Of The Company For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4294d83e-0fca-4c43-afcb-191303be2fc3.pdf) |
| 2025-11-14 | [Considered And Approved An Unaudited Standalone Financial Results Of The Company For The Quarter And Half Year Ended On September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cbce2b4-0ee5-4f99-82b6-d66dd4b6cabc.pdf) |
| 2025-08-14 | [Considered And Approved An Unaudited Standalone Financial Results Of The Company For The Quarter Ended June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2038e7c0-6f46-4bb6-a22c-b270dca765b5.pdf) |
| 2025-05-29 | [Audited Standalone Financial Results Of The Company For The Quarter And Year Ended March 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5682b979-e60a-41c3-b019-07c64f02e407.pdf) |
| 2025-02-13 | [Unaudited Standalone Financial Results Of The Company For The Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec0987db-0870-4c8f-8af4-f0faf7c31f27.pdf) |
| 2024-11-13 | [Unaudited Standalone Financial Results Of The Company For The Quarter And Half Year Ended On September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=744f00b6-eafe-4f8e-94c1-a45fe7a9cb5d.pdf) |
| 2024-08-14 | [Results-Financial Results For The Quarter Ended On June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68ff3ca4-e4c3-4fd7-9c91-995a12bc3014.pdf) |
| 2024-05-28 | [Results- Financial Results For The Quarter And Year Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7fbc8dce-adf9-4224-8e97-0528d572d01a.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Jan - Certificate: Regulation 74(5) non-applicable; all shares dematerialised for quarter ended Dec 31, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan - Certificate: Regulation 74(5) non-applicable; all shares dematerialised for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fec4c74a-311f-4d7e-b52a-640c1c963bfa.pdf) |
| 7 Apr - Regulation 74(5) deemed inapplicable for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Regulation 74(5) deemed inapplicable for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/01f48a9e-b5b7-4b20-8fc1-5501e889da6f.pdf) |
| 3 Feb - Board meeting on Feb 13, 2026 to approve unaudited quarter and nine-month results for Dec 31, 2025. | [Board Meeting Intimation for Unaudited Standalone Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025 3 Feb - Board meeting on Feb 13, 2026 to approve unaudited quarter and nine-month results for Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d42969a6-b3e1-4b04-b2e1-3728e4414629.pdf) |
| 25 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement. | [Closure of Trading Window 25 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77032bb4-7f91-4f1a-bbc8-834c0a54ddd0.pdf) |
| 21 Mar - Newspaper Advertisement for Postal ballot Notice | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Mar - Newspaper Advertisement for Postal ballot Notice](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5d85969-8b5b-4f94-bcf4-b3fd15b548ba.pdf) |
| 20 Mar - Board seeks approval to sell undertaking (38,433.534 sq.m) via postal ballot Mar23–Apr21,2026. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 20 Mar - Board seeks approval to sell undertaking (38,433.534 sq.m) via postal ballot Mar23–Apr21,2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c38cd7dd-322b-4871-93a5-7e24af05a869.pdf) |
| 18 Mar - Board approved sale of Saykha unit (T-10–T-12) to third party; FY25 revenue Rs64.44 lakh; net worth Rs(3.74) crore. | [Board Meeting Outcome for Outcome Of Board Meeting 18 Mar - Board approved sale of Saykha unit (T-10–T-12) to third party; FY25 revenue Rs64.44 lakh; net worth Rs(3.74) crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/37a92e81-396c-4274-af70-afda615046e0.pdf) |
| 16 Feb - Newspaper Publication - Financials Results for period ended December 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Newspaper Publication - Financials Results for period ended December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/569b527b-2200-420c-99c6-dd581f258758.pdf) |
| 13 Feb - Board approved unaudited standalone Q3 and nine-month results for period ended 31-Dec-2025; limited review report enclosed. | [Board Meeting Outcome for Outcome Of Board Meeting 13 Feb - Board approved unaudited standalone Q3 and nine-month results for period ended 31-Dec-2025; limited review report enclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b94a27c-8b76-4e92-81a0-6ed8b27fe852.pdf) |
| — | [Closure of Trading Window 20 Jun](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b0e96016-fdee-4167-9c2f-a5347ea57338.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_20988_HPIL_2021_2022_31082022111412_08312022120001.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_18971_HPIL_2020_2021_27082021170836_08272021211526.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17206_HPIL_2019_2020_03092020172335_03092020180004.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c544ff3f-6ec4-497c-806e-91d60fc000cc.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79a8e3b9-a944-4c19-8208-5aeafdf30cd5.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d5c47e8-a8b1-4381-886a-80c3ef04b685.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:14:38.665Z.