HARLETH
Haryana Leather Chemicals financials
- Market cap
- ₹34 Cr
Quarterly results
Q1 FY27: revenue up 24.8%, net profit down 95.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 13 | 13 | 12 | 13 +21% | 12 −7% | 15 +10% | 15 +25% |
| EBITDA | 1 | 0 | 1 | 1 | 1 +23% | 1 +27% | 1 −6% | -0 −138% |
| Net profit | 0 | 1 | 0 | 1 | 0 +20% | 1 −7% | 0 −3% | 0 −96% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −25.7% 1Y
1Y: ₹77.61 on 9 Sept 2025 → ₹57.63. High ₹85.44 (19 Sept 2025), low ₹50.48 (30 Mar 2026).
Financials, as filed
Revenue grew 5.0% a year over 2 years, FY24 to FY26. Operating margin narrowed to 5.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹47 Cr | ₹49 Cr | ₹51 Cr |
| Operating profit | ₹5 Cr | ₹3 Cr | ₹3 Cr |
| Operating margin | 11.1% | 5.4% | 5.7% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹4 Cr | ₹2 Cr | ₹2 Cr |
| Net margin | 8.8% | 3.7% | 3.7% |
| Cash from operations | ₹8 Cr | ₹0 Cr | ₹5 Cr |
| Free cash flow | ₹8 Cr | ₹-1 Cr | ₹4 Cr |
| ROCE | 9.0% | 8.0% | 8.1% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Reserves | ₹29 Cr | ₹30 Cr | ₹32 Cr | ₹36 Cr | ₹39 Cr | ₹40 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Other liabilities | ₹5 Cr | ₹8 Cr | ₹5 Cr | ₹7 Cr | ₹9 Cr | ₹6 Cr |
| Total liabilities | ₹39 Cr | ₹43 Cr | ₹43 Cr | ₹48 Cr | ₹53 Cr | ₹52 Cr |
| Fixed assets | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹14 Cr | ₹15 Cr | ₹14 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹24 Cr | ₹28 Cr | ₹28 Cr | ₹34 Cr | ₹38 Cr | ₹38 Cr |
| Total assets | ₹39 Cr | ₹43 Cr | ₹43 Cr | ₹48 Cr | ₹53 Cr | ₹52 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 4% to 3,713.
- Promoters
- 41.3%
- DIIs
- 0.1%
- Government
- 0.1%
- Public
- 58.5%
Since Jun 2025
- Public −0.04 pp
- Government +0.03 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 41.6%, DIIs 0.1%, Government 0.1%, Public 58.2%.Dec '23: Promoters 41.6%, DIIs 0.1%, Government 0.1%, Public 58.2%.Mar '24: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.5%.Jun '24: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.5%.Sep '24: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.5%.Dec '24: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.5%.Mar '25: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.5%.Jun '25: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.6%.Sep '25: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.5%.Dec '25: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.5%.Mar '26: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.5%.Jun '26: Promoters 41.3%, DIIs 0.1%, Government 0.1%, Public 58.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Haryana Leather Chemicals Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Icap Sira Chemicals & Polymers Spa | 15.66% | unchanged |
| Pankaj Jain | 15.33% | unchanged |
| Investor Education And Protection Fund Author | 6.67% | unchanged |
| Sangeetha S . | 5.10% | unchanged |
| Urmil Mahasukh Gopani | 4.70% | unchanged |
| Mahendra Girdharilal | 3.33% | unchanged |
| Sippy Jain | 3.13% | unchanged |
| Savita Aggarwal | 2.82% | unchanged |
| Munak Holding Ltd | 2.31% | unchanged |
| Avni Sohil Sanghvi | 1.66% | unchanged |
| Hardik R Gopani | 1.43% | unchanged |
| Munak Credit & Investment | 1.32% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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