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:
₹522.00
▲(15.10% Upside)
Action:ReiteratedDate: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
Balance sheet strength
Very low leverage and steadily rising equity provide durable financial resilience. This reduces refinancing risk, supports qualification for long-term OEM contracts, and gives capacity to fund capex or weather cyclical demand without sacrificing operations or strategic investments.
Negative Factors
Volatile cash conversion
Irregular cash conversion and episodic negative free cash flow indicate working-capital swings or lumpy reinvestment needs. That volatility can constrain strategic spending, dividend consistency and make the company more sensitive to demand shocks despite low leverage.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Very low leverage and steadily rising equity provide durable financial resilience. This reduces refinancing risk, supports qualification for long-term OEM contracts, and gives capacity to fund capex or weather cyclical demand without sacrificing operations or strategic investments.
Read all positive factors
Hindustan Composites Limited (HINDCOMPOS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.85B
Dividend Yield0.46%
Average Volume (3M)701.00
Price to Earnings (P/E)16.5
Beta (1Y)1.38
Revenue Growth15.39%
EPS Growth-11.12%
CountryIN
Employees556
SectorBasic Materials
Sector Strength58
IndustryAuto - Parts
Share Statistics
EPS (TTM)N/A
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
Hindustan Composites Limited develops, manufactures, and markets fiber-based friction materials in India. The company's friction materials include automotive brake linings, automotive and industrial roll linings, automotive clutch facings and cera...
How the Company Makes Money
Hindustan Composites primarily makes money by manufacturing and selling friction-material-based products used in braking and power transmission systems. Revenue is generated through (1) sales to OEM customers (e.g., vehicle, rail/transport, and in...
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
408.67
Positive
419.41
Positive
445.56
Positive
Market Momentum
17.29
Negative
70.70
Negative
77.92
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 396.96, above the 50-day MA of 408.67, and above the 200-day MA of 445.56, indicating a bullish trend. The MACD of 17.29 indicates Negative momentum. The RSI at 70.70 is Negative, neither overbought nor oversold. The STOCH value of 77.92 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 | ₹6.85B | 16.55 | ― | 0.46% | 15.39% | -11.12% | |
66 Neutral | ₹6.74B | 16.19 | ― | 1.90% | 18.06% | 29.76% | |
66 Neutral | ₹5.14B | 11.32 | ― | 3.69% | 2.37% | 11.03% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | ₹2.39B | -54.31 | ― | 0.22% | 2.00% | -180.76% | |
56 Neutral | ₹8.13B | 14.78 | ― | 1.24% | 11.83% | -11.82% |
* Basic Materials Sector Average
IN:HINDCOMPOS
Hindustan Composites Limited
463.75
56.11
13.76%
IN:MENONBE
Menon Bearings Limited
120.25
19.79
19.70%
IN:MUNJALAU
Munjal Auto Industries Limited
81.35
10.19
14.32%
IN:MUNJALSHOW
Munjal Showa Limited
128.50
16.75
14.99%
IN:SUNDRMBRAK
Sundaram Brake Linings Limited
607.85
-161.71
-21.01%
Hindustan Composites Limited Corporate Events
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...
Hindustan Composites Defends Compliance of Q2 FY26 Financial Disclosures to NSE
Feb 28, 2026
Hindustan Composites Limited has responded to a query from the National Stock Exchange regarding the format and contents of its standalone and consolidated financial results for the quarter and half year ended 30 September 2025. The exchange had o...
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.