Hindustan Composites Limited (IN:HINDCOMPOS)
:HINDCOMPOS
Want to see IN:HINDCOMPOS full AI Analyst Report?
Top Page
Hindustan Composites Limited
(HINDCOMPOS)
Select Model
Select Model
Rating:72Outperform
Price Target:
₹468.00
▲(3.20% Upside)
Action:Reiterated
Date:04/28/26
The score is driven primarily by solid financial quality (very low leverage, growing equity) and constructive technicals (price above major moving averages with positive momentum). It is tempered by inconsistent cash conversion/periodic negative free cash flow and a valuation that looks moderate-to-full given the low dividend yield.
Positive Factors
Low leverage / strong balance sheet
Minimal debt and steadily rising equity provide durable financial flexibility to fund capex, absorb cyclical downturns, and support OEM relationships. Low leverage reduces interest burden and bankruptcy risk, enabling the company to invest selectively and maintain operations through industry cycles.
Negative Factors
Volatile cash conversion and negative FCF
Irregular cash conversion and periodic negative free cash flow constrain the firm's ability to self-fund growth, dividends, or working-capital needs. Over time, this unpredictability can force external financing, delay strategic investments, and weaken resilience despite reported profits.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Minimal debt and steadily rising equity provide durable financial flexibility to fund capex, absorb cyclical downturns, and support OEM relationships. Low leverage reduces interest burden and bankruptcy risk, enabling the company to invest selectively and maintain operations through industry cycles.
Read all positive factors
Hindustan Composites Limited (HINDCOMPOS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.23B
Dividend Yield0.46%
Average Volume (3M)701.00
Price to Earnings (P/E)19.7
Beta (1Y)1.40
Revenue Growth15.39%
EPS Growth-11.12%
CountryIN
Employees556
SectorBasic Materials
Sector Strength58
IndustryAuto - Parts
Share Statistics
EPS (TTM)20.17
Shares Outstanding14,769,000
10 Day Avg. Volume391
30 Day Avg. Volume701
Financial Highlights & Ratios
PEG Ratio-1.49
Price to Book (P/B)0.45
Price to Sales (P/S)1.37
P/FCF Ratio-362.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hindustan Composites Limited Business Overview & Revenue Model
Company Description
Established in 1964 and headquartered in Mumbai, India, Hindustan Composites Limited specializes in the development, manufacturing, and distribution of fiber-based friction materials throughout the country. Their comprehensive product line of fric...
How the Company Makes Money
Hindustan Composites primarily makes money by manufacturing and selling friction-material-based products (notably brake linings and clutch facings) for use in vehicles and industrial equipment. Revenue is generated through (a) sales to original eq...
Hindustan Composites Limited Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
88
Very Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.47B | 3.75B | 3.25B | 2.98B | 2.83B | 2.32B |
| Gross Profit | 1.75B | 1.38B | 1.82B | 630.91M | 1.49B | 1.09B |
| EBITDA | 567.02M | 554.50M | 551.20M | 522.16M | 414.52M | 333.56M |
| Net Income | 297.80M | 311.10M | 350.00M | 344.12M | 274.70M | 216.02M |
Balance Sheet | ||||||
| Total Assets | 12.59B | 12.64B | 11.96B | 10.81B | 10.00B | 10.02B |
| Cash, Cash Equivalents and Short-Term Investments | 559.30M | 361.70M | 489.70M | 403.06M | 481.00M | 407.54M |
| Total Debt | 34.90M | 16.80M | 300.00K | 1.15M | 10.10M | 3.03M |
| Total Liabilities | 1.22B | 1.19B | 1.12B | 943.44M | 791.10M | 851.23M |
| Stockholders Equity | 11.37B | 11.45B | 10.85B | 9.87B | 9.21B | 9.17B |
Cash Flow | ||||||
| Free Cash Flow | 138.10M | -14.20M | 91.70M | 38.16M | 86.30M | -22.10M |
| Operating Cash Flow | 202.20M | 208.50M | 298.60M | 402.68M | 157.00M | 49.13M |
| Investing Cash Flow | -275.00M | -295.10M | -179.10M | -348.64M | -210.10M | 47.99M |
| Financing Cash Flow | -21.90M | -38.20M | -31.20M | -39.36M | -23.80M | -30.72M |
Hindustan Composites Limited Technical Analysis
Positive
453.50
Price Trends
433.22
Negative
418.56
Positive
435.24
Negative
Market Momentum
-1.94
Negative
52.10
Neutral
37.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HINDCOMPOS, the sentiment is Positive. The current price of 453.5 is above the 20-day moving average (MA) of 411.68, above the 50-day MA of 433.22, and above the 200-day MA of 435.24, indicating a neutral trend. The MACD of -1.94 indicates Negative momentum. The RSI at 52.10 is Neutral, neither overbought nor oversold. The STOCH value of 37.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HINDCOMPOS.
Hindustan Composites Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹6.23B | 19.68 | ― | 0.46% | 15.39% | -11.12% | |
68 Neutral | ₹9.83B | 24.84 | ― | 1.90% | 22.79% | 53.44% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | ₹5.16B | 26.85 | ― | 3.69% | 5.20% | -24.22% | |
55 Neutral | ₹9.83B | 20.98 | ― | 1.24% | 11.07% | 10.41% | |
51 Neutral | ₹3.19B | 116.84 | ― | 0.22% | -2.15% | -50.36% |
* Basic Materials Sector Average
IN:HINDCOMPOS
Hindustan Composites Limited
422.00
-51.07
-10.80%
IN:MENONBE
Menon Bearings Limited
175.35
54.70
45.34%
IN:MUNJALAU
Munjal Auto Industries Limited
98.29
26.45
36.82%
IN:MUNJALSHOW
Munjal Showa Limited
128.95
9.10
7.59%
IN:SUNDRMBRAK
Sundaram Brake Linings Limited
811.95
38.09
4.92%
Hindustan Composites Limited Corporate Events
Hindustan Composites Defends Accounting Treatment in NSE Query on FY26 Results
May 4, 2026
Hindustan Composites has clarified to the National Stock Exchange that its standalone and consolidated financial results for the quarter and year ended 31 March 2026 comply with Schedule III of the Companies Act, 2013 and applicable Indian Account...
Hindustan Composites Clears FY26 Results, Announces Dividend and Capacity Expansion
Apr 23, 2026
Hindustan Composites Limited reported that its board has approved the audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026, along with related cash flow statements and statements of assets and li...
Hindustan Composites Defends Compliance of FY25 Financial Results Format to NSE
Apr 20, 2026
Hindustan Composites Limited has clarified to the National Stock Exchange of India that its standalone and consolidated financial results for the quarter and year ended 31 March 2025 comply with SEBI’s prescribed format. The company explaine...
Hindustan Composites to Close Trading Window Ahead of FY26 Results
Mar 28, 2026
Hindustan Composites Limited has notified the stock exchanges that, in line with SEBI (Prohibition of Insider Trading) Regulations, 2015 and its internal code of conduct, it will close its trading window for designated persons, their immediate rel...
Hindustan Composites opens SEBI-driven window to demat physical shares
Mar 26, 2026
Hindustan Composites Limited has announced that it has opened a special window to enable shareholders holding physical share certificates to transfer and dematerialise their holdings, in line with a recent Securities and Exchange Board of India ci...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.