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Hindustan Composites Ltd

Thu 13/03/2025,15:43:21 | NSE : HINDCOMPOS

₹ 434.851.15 (0.27%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 436.25

Previous Close

₹ 433.70

Volume

2049

Mkt Cap ( Rs. Cr)

₹642.23

High

₹ 443.95

Low

₹ 432.25

52 Week High

₹ 670.00

52 Week Low

₹ 375.00

Book Value Per Share

₹ 729.10

Dividend Yield

0.45

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Hindustan Composites Ltd

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30.00%

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Option Chain

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News

Media spotlight triggers stock stock attention, sentiment.

  • Hind. Composites - Strikes/Lockouts/Disturbances

    17 Feb 2025, 7:28PM Hindustan Composites Limited has informed the Exchange about strikes/lockouts/disturbances
  • Hind. Composites - Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances

    17 Feb 2025, 7:20PM Intimation pursuant to Regulation 30 of the SEBI Listing Regulations regarding receipt of Insurance Claim for the fire incident that occurred on 27th
  • Hind. Composites - Integrated Filing- Financial

    10 Feb 2025, 8:24PM Integrated filling - Financial for the quarter and nine months ended December 31, 2024
  • Hind. Composites - Integrated Filing (Financial)

    10 Feb 2025, 8:21PM Integrated Filling - Financial for the quarter and nine months ended 31st December, 2024.
  • Hind. Composites - Updates

    10 Feb 2025, 8:11PM Hindustan Composites Limited has informed the Exchange regarding 'amended Code of Practices and Procedures for fair disclosure of Unpublished Price Se
  • Hind. Composites - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    10 Feb 2025, 7:54PM HINDUSTAN COMPOSITES LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfe
  • Hind. Composites - Adoption of new line(s) of business

    10 Feb 2025, 7:47PM Hindustan Composites Limited has informed the Exchange about approval of the proposal to commence the business of trading in metals and commodities.
  • Hind. Composites - Change in Management

    10 Feb 2025, 7:44PM Hindustan Composites Limited has informed the Exchange about re-appointment of Secretarial Auditors for FY 2024-25
  • Hind. Composites - Outcome of Board Meeting

    10 Feb 2025, 7:40PM Hindustan Composites Limited has informed the Exchange regarding Outcome of Board Meeting held on February 10, 2025.
  • Hind. Composites - Financial Result Updates

    10 Feb 2025, 7:16PM Hindustan Composites Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Hind. Composites - Disclosure Under Regulation 30 Of SEBI Listing Regulations - Adoption Of New Line(S) Of Business.

    10 Feb 2025, 7:12PM Enclosed Intimation under Regulation 30 of SEBI Listing Regulations regarding approval of proposal to commence the business of trading in metals and c
  • Hind. Composites - Announcement under Regulation 30 (LODR)-Change in Management

    10 Feb 2025, 7:08PM Enclosed Intimation under Regulation 30 of SEBI Listing Regulations regarding re-appointment of secretarial auditors.
  • Hind. Composites - Board Meeting Outcome for Outcome Of Board Meeting Held On 10Th February, 2025

    10 Feb 2025, 7:03PM Outcome of Board Meeting for inter-alia approval of un-audited Financial Results for the quarter and nine months ended 31st December, 2024, re-appoint
  • Hind. Composites Q3 net profit jumps 69.81% at Rs 10.97 cr

    10 Feb 2025, 7:00PM The company reported standalone net profit of Rs 10.97 crore for the quarter ended December 31, 2024 as compared to Rs 6.46 crore in the same period l
  • Hind. Composites - Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December, 2024

    10 Feb 2025, 6:59PM Un-Audited Financial Results for the quarter and nine months ended 31st December, 2024
  • Hind. Composites - Board Meeting Intimation

    31 Jan 2025, 5:33PM HINDUSTAN COMPOSITES LIMITED has informed the Exchange about Board Meeting to be held on 10-Feb-2025 to inter-alia consider and approve the Unaudited
  • Hind. Composites - Board Meeting Intimation for Consideration And Approval Of The Un-Audited Standalone And Consolidated Fina

    31 Jan 2025, 5:21PM HINDUSTAN COMPOSITES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2025 ,inter alia, to conside
  • Hind. Composites - Termination Of Share Subscription Agreement Entered For Acquisition

    21 Jan 2025, 6:52PM Enclosed intimation regarding termination of share subscription agreement entered for acquisition
  • Hind. Composites - General Updates

    21 Jan 2025, 6:38PM Hindustan Composites Limited has informed the Exchange about termination of share subscription agreement entered for acquisition
  • Hind. Composites - Announcement under Regulation 30 (LODR)-Updates on Acquisition

    21 Jan 2025, 6:32PM Enclosed intimation regarding termination of share subscription agreement entered for acquisition
  • Hind. Composites - Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

    20 Jan 2025, 5:26PM Hindustan Composites Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
  • Hind. Composites - Announcement Under Regulation 30 - Update On Intimation Of Litigation Against The Company

    20 Jan 2025, 5:18PM Pursuant to Regulation 30 of the SEBI Listing Regulations, update on intimation of Litigation against the Company as per attachment.
  • Hind. Composites has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    17 Jan 2025, 7:20PM As of December 2024, 74.97% is owned by Indian Promoters and 25.02% by Public. <p align=justify> Top five Promoters holding highest number of shares o
  • Hind. Composites - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    9 Jan 2025, 12:19PM Hindustan Composites Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter
  • Hind. Composites - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    9 Jan 2025, 12:06PM Enclosed Certificate under Regulation 74(5) of the SEBI DP Regulations for the quarter ended 31st December, 2024.
  • Hind. Composites - Reply to Clarification- Financial results

    8 Jan 2025, 3:49PM The Exchange had sought clarification from Hindustan Composites Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (L
  • Hind. Composites - Updates

    1 Jan 2025, 12:10PM Hindustan Composites Limited has informed the Exchange regarding 'Change in Name of Company s Registrar and Transfer Agent from Link Intime India Priv
  • Hind. Composites - Intimation For Change In Name Of Company'S Registrar And Transfer Agent From Link Intime India Private Lim

    1 Jan 2025, 12:07PM Intimation for change in name of Company's RTA as per attachment.
  • Hind. Composites - Trading Window-XBRL

    27 Dec 2024, 4:47PM HINDUSTAN COMPOSITES LIMITED has informed the Exchange about Closure of Trading Window
  • Hind. Composites - Trading Window

    27 Dec 2024, 4:45PM Hindustan Composites Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulati
  • Hind. Composites - Loss/Duplicate-Share Certificate-XBRL

    19 Dec 2024, 5:55PM HINDUSTAN COMPOSITES LIMITED has informed the Exchange about Loss of share certificates
  • Hind. Composites - Loss of Share Certificates

    19 Dec 2024, 5:53PM Hindustan Composites Limited has informed the Exchange about Loss of Share Certificates.

Key fundamentals

Evaluate the intrinsic value of Hindustan Composites Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 988.8514 923.9318 919.6436 819.1161 776.8623
Liabilities 988.8514 923.9318 919.6436 819.1161 776.8623
Equity 7.3845 7.3845 7.3845 7.3845 7.3845
Gross Profit 51.2904 40.6063 32.978 27.6719 19.546
Net Profit 34.4115 27.4727 21.6016 20.9916 12.035
Cash From Operating Activities 40.2678 15.6956 4.9128 9.1759 4.1217
NPM(%) 11.55 9.71 9.28 11.37 6.75
Revenue 297.6843 282.6876 232.6396 184.5875 178.0519
Expenses 246.3939 242.0813 199.6616 156.9156 158.5059
ROE(%) 3.19 2.55 2 1.94 1.11

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
20 Sep 2024 2 40 0.46 453.6
22 Sep 2023 2 40 0.46 296.15
21 Sep 2022 2 40 0.46 282.25
21 Sep 2021 2 40 0.46 320.4
21 Sep 2020 2 40 0.46 158.5
21 Aug 2019 2 40 0.46 219.95
21 Aug 2018 0.5 10 0.46 459.35
04 Sep 2017 0.5 5 0.46 1935.7
31 Aug 2016 1 10 0.46 1049.7
10 Sep 2015 1 10 0.46 1120
26 Aug 2014 2 20 0.46 495.8
22 Aug 2013 1 10 0.46 285
02 Aug 2012 2 20 0.46 409.9
03 Aug 2011 2 20 0.46 476.65
01 Sep 2010 10 100 0.46 424.2
24 Aug 2006 1 10 0.46 214.8
23 Aug 2005 1 10 0.46 71.75
0 20 0.46 39

Peers

Other companies within the same industry or sector that are comparable to Hindustan Composites Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Rico Auto Industries Ltd 61.47 -1.35 28.20 5886.23 283.40 0.98
Munjal Auto Industries Ltd 70.04 2.22 12.67 4350.50 192.45 2.86
Ultra Wiring Connectivity Systems Ltd 182.50 0.00 22.09 226.38 37.45 0.00
TVS Holdings Ltd 8345.50 -1.05 15.16 880.54 7912.08 1.13

Company Info

The company was incorporated on 1st July 1964.The certificate of commencement of business was obtained on 19th August 1964. It was jointly promoted by TURNER & NEWALL LTD., MANCHESTER, a wholly owned subsidiary of TURNER & NEWALL LTD, with 74% equity participation. The company acquired the undertaking of Asbestos, Magnesia & Friction Material Ltd., comprising its entire manufacturing businesses well as the estate, factory and office, with approximately 18 acres of land at Agra road in GHATKOPAR BOMBAY. In November the company entered into technical assistance agreements with the operating subsidiaries of TURNER & NEWALL LTD., under which it was entitled to get technical assistance (i) from FERRODO LTD., for the manufacture of "FERRODO" friction materials for a consideration of pound sterling 5000 per annum payable for a period of 5 years, (ii) from J.W. ROBERTS LTD., for the manufacture of "FEROBESTOS" asbestos flooring sheets for a consideration of pound sterling 1000 per annum payable for a period if 5 years. 1982: A strike by the employees had an impact on the sales for the year. During the year the company received Government approval for additional capacities of 1325 tonnes of brake linings and 10 lakh nos. of clutch facings. A collaboration agreement with VALCO, FRANCE for the manufacture of diaphragm clutches was also signed. 1983: There was a recession in demand in most of the company's product lines. During October the company issued 206093 - 12.5% convertible debentures of Rs 180 each of which 148000 debentures were offered to the public. Allotment was made on 14th December. Rs.80 out of the face value of each debenture was convertible into 5 equity shares of Rs.10 each at a premium of Rs.6 per share after 6 months but before 12 months from the date of allotment without any further act or application by the debenture holders (conversion rights already exercised). The balance of Rs.100 per debenture is redeemable at par in three annual instalments of Rs.35 Rs.35 and Rs.30 at the end 7th, 8th and 9th year respectively from the date of allotment of the debentures. The company has acquired 44,886 sq.mts. of land at Paithan in Aurangabad district of Maharastra, during the period for setting up one or more remaining plants of the company for expansion/diversification. 1984: The working was adversely affected due sluggish market conditions, keen competition, escalation in the cost of inputs, higher interest burden and steep increase in the Dollar Rupee parity. During the year application was filed for Industrial licence for the manufacture of speciality industrial gaskets in technical collaboration with FLEXITALLIC LTD., U.K. 1985: The working conditions were adversely affected by depressed market, work stoppages during July, September and October, additional bonus payment and implementation of an early voluntary retirement scheme. 1986: Manufacture of diaphragm clutches at Jalna commenced. 1987: Work force at Ghatkopar plant was trimmed to make the operations economically viable 1988-89: Low capacity utilisation at Jalna, the delayed commissioning of the Bandra unit and the loss of production at Ghatkopar unit during February/March 1989 caused by inter-union rivalry, adversely affected the internal accruals of the company. 1989-90: New markets were identified for its products and new items were added to its range of exports. Depreciation of the Rupee against the US and Canadian dollar imposed burden on the cost of raw asbestos, a principal raw material. The Jalna plant was proposed to be disposed. Necessary approvals were awaited. 1990-91: Operations were discontinued at Ghatkopar plant from 18th October, 1990 to 15th May, 1991 and at Bandra from 9th January, 1991 to 14th April, 1991. The proposal to dispose the Jalna plant was dropped and a strategy to run the unit without loss was evolved. 1996-97: There was a strike at Paithan factory for 3 months. But in spite of it, the company managed to increase the turnover and profit marginally to Rs 62.81 crores and Rs 2.26 crores from Rs 60.87 crores & Rs 1.91 crores respectively. 2007 -Hindustan Composites Ltd has informed that Mr.V.R. Tripathi, Vice President will be treated as the Compliance Officer of the Company w.e.f. 10th February 2007. 2008 -Hindustan Composites Ltd has repoointed Mr. P K Choudhary as Managing Director of the Company for a period of 3 years w.e.f. March 18, 2008, subject to the approval of members of the Company in their general meeting. - Hindustan Composites Ltd has has appointed Lt. Gen. (Retd.) K.S. Brar as an Independent Additional Director of the Company w.e.f. 30th September 2008. 2010 -Hindustan Composites has recommended payment of dividend on equity shares @ Rs. 10/- 2011 -Hindustan Composites Recommended the payment of dividend on equity shares @ Rs. 2/- (Rupees Two only) per share i.e. 20% of the paid up equity 2012 -Hindustan Composites Recommended the payment of dividend on Equity shares @ Rs. 2/- (Rupees Two only) per share i.e. 20% of the paid up Equity Share --Registered Office of the Company has been shifted from "B-11, Paragon Condominium, P.B. Marg, Worli, Mumbai - 400 013" to "Peninsula Business Park, "A" Tower. 8th Floor, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013" 2013 -The Company approved the re-appointment of Mr. P. K. Choudhery, Managing Director of the Company -The Company has recommended the payment of dividend on Equity shares @ Re. 1/- (Rupees One only) per share 2014 -Hind. Composites - Fire at warehouse of the Company's factory at Paithan -The Company copies of amended Articles of Association of the Company as approved by the Shareholders of the Company through Postal Ballot process. 2017 -Hindustan Composites Ltd has issued Bonus Shares in the Ratio of 1:2. -Hindustan Composites Ltd has splits its face value from Rs. 10/- to Rs. 5/-.

The company was incorporated on 1st July 1964.The certificate of commencement of business was obtained on 19th August 1964. It was jointly promoted by TURNER & NEWALL LTD., MANCHESTER, a wholly owned subsidiary of TURNER & NEWALL LTD, with 74% equity participation. The company acquired the undertaking of Asbestos, Magnesia & Friction Material Ltd., comprising its entire manufacturing businesses well as the estate, factory and office, with approximately 18 acres of land at Agra road in GHATKOPAR BOMBAY. In November the company entered into technical assistance agreements with the operating subsidiaries of TURNER & NEWALL LTD., under which it was entitled to get technical assistance (i) from FERRODO LTD., for the manufacture of "FERRODO" friction materials for a consideration of pound sterling 5000 per annum payable for a period of 5 years, (ii) from J.W. ROBERTS LTD., for the manufacture of "FEROBESTOS" asbestos flooring sheets for a consideration of pound sterling 1000 per annum payable for a period if 5 years. 1982: A strike by the employees had an impact on the sales for the year. During the year the company received Government approval for additional capacities of 1325 tonnes of brake linings and 10 lakh nos. of clutch facings. A collaboration agreement with VALCO, FRANCE for the manufacture of diaphragm clutches was also signed. 1983: There was a recession in demand in most of the company's product lines. During October the company issued 206093 - 12.5% convertible debentures of Rs 180 each of which 148000 debentures were offered to the public. Allotment was made on 14th December. Rs.80 out of the face value of each debenture was convertible into 5 equity shares of Rs.10 each at a premium of Rs.6 per share after 6 months but before 12 months from the date of allotment without any further act or application by the debenture holders (conversion rights already exercised). The balance of Rs.100 per debenture is redeemable at par in three annual instalments of Rs.35 Rs.35 and Rs.30 at the end 7th, 8th and 9th year respectively from the date of allotment of the debentures. The company has acquired 44,886 sq.mts. of land at Paithan in Aurangabad district of Maharastra, during the period for setting up one or more remaining plants of the company for expansion/diversification. 1984: The working was adversely affected due sluggish market conditions, keen competition, escalation in the cost of inputs, higher interest burden and steep increase in the Dollar Rupee parity. During the year application was filed for Industrial licence for the manufacture of speciality industrial gaskets in technical collaboration with FLEXITALLIC LTD., U.K. 1985: The working conditions were adversely affected by depressed market, work stoppages during July, September and October, additional bonus payment and implementation of an early voluntary retirement scheme. 1986: Manufacture of diaphragm clutches at Jalna commenced. 1987: Work force at Ghatkopar plant was trimmed to make the operations economically viable 1988-89: Low capacity utilisation at Jalna, the delayed commissioning of the Bandra unit and the loss of production at Ghatkopar unit during February/March 1989 caused by inter-union rivalry, adversely affected the internal accruals of the company. 1989-90: New markets were identified for its products and new items were added to its range of exports. Depreciation of the Rupee against the US and Canadian dollar imposed burden on the cost of raw asbestos, a principal raw material. The Jalna plant was proposed to be disposed. Necessary approvals were awaited. 1990-91: Operations were discontinued at Ghatkopar plant from 18th October, 1990 to 15th May, 1991 and at Bandra from 9th January, 1991 to 14th April, 1991. The proposal to dispose the Jalna plant was dropped and a strategy to run the unit without loss was evolved. 1996-97: There was a strike at Paithan factory for 3 months. But in spite of it, the company managed to increase the turnover and profit marginally to Rs 62.81 crores and Rs 2.26 crores from Rs 60.87 crores & Rs 1.91 crores respectively. 2007 -Hindustan Composites Ltd has informed that Mr.V.R. Tripathi, Vice President will be treated as the Compliance Officer of the Company w.e.f. 10th February 2007. 2008 -Hindustan Composites Ltd has repoointed Mr. P K Choudhary as Managing Director of the Company for a period of 3 years w.e.f. March 18, 2008, subject to the approval of members of the Company in their general meeting. - Hindustan Composites Ltd has has appointed Lt. Gen. (Retd.) K.S. Brar as an Independent Additional Director of the Company w.e.f. 30th September 2008. 2010 -Hindustan Composites has recommended payment of dividend on equity shares @ Rs. 10/- 2011 -Hindustan Composites Recommended the payment of dividend on equity shares @ Rs. 2/- (Rupees Two only) per share i.e. 20% of the paid up equity 2012 -Hindustan Composites Recommended the payment of dividend on Equity shares @ Rs. 2/- (Rupees Two only) per share i.e. 20% of the paid up Equity Share --Registered Office of the Company has been shifted from "B-11, Paragon Condominium, P.B. Marg, Worli, Mumbai - 400 013" to "Peninsula Business Park, "A" Tower. 8th Floor, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013" 2013 -The Company approved the re-appointment of Mr. P. K. Choudhery, Managing Director of the Company -The Company has recommended the payment of dividend on Equity shares @ Re. 1/- (Rupees One only) per share 2014 -Hind. Composites - Fire at warehouse of the Company's factory at Paithan -The Company copies of amended Articles of Association of the Company as approved by the Shareholders of the Company through Postal Ballot process. 2017 -Hindustan Composites Ltd has issued Bonus Shares in the Ratio of 1:2. -Hindustan Composites Ltd has splits its face value from Rs. 10/- to Rs. 5/-.

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Parent Organisation

Hindustan Composites Ltd.

Founded

01/07/1964

Managing Director

Mr.P K Choudhary

NSE Symbol

HINDCOMPOSEQ

FAQ

The current price of Hindustan Composites Ltd is ₹ 434.85.

The 52-week high for Hindustan Composites Ltd is ₹ 443.95 and the 52-week low is ₹ 432.25.

The market capitalization of Hindustan Composites Ltd is currently ₹ 642.23. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Hindustan Composites Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Hindustan Composites Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Hindustan Composites Ltd shares.

The CEO of Hindustan Composites Ltd is Mr.P K Choudhary, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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