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    Hindcon Chemicals Limited

    Kolkata-based manufacturer of specialty construction chemicals (admixtures, waterproofing coatings, sealants) and sodium silicate for industrial use.

    Chemicals
    Commodities

    Overview

    Price

    Market Cap

    ₹106 Cr

    Sector

    Chemicals

    Commodities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital88888888
    Reserves2528313542464849
    Borrowings011101611
    Other Liabilities771210109109
    Total Liabilities3943535460647276
    AssetsFixed Assets11236789
    CWIP00000000
    Investments43325554
    Other Assets3439484849526064
    Total Assets3943535460647276

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-225-4593-4
    Cash from Investing-00121-6-6-5
    Cash from Financing-1-0-0-2-1-1010
    SummaryCapital Expenditure
    Free Cash Flow-224-5460-7
    FCF Margin

    Valuation

    Assumptions

    Current — HINDCON
    Price
    ₹21
    EPS (TTM)
    ₹0.62
    PE (TTM)
    33.1
    Profit growth
    -29.9%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (45.6×) and current (33.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹21
    vs
    Fair value · 15% return
    ₹1
    94%Overvalued

    At -29.9% growth and a 33× exit, ₹21 only delivers your return if you pay ₹1. The price is currently baking in 18% growth.

    EPS grows -29.9%/yr for 5 years, then fades to 6% over 2, exits at 33×.

    YearGrowthEPS (₹)
    FY27-29.9%0.43
    FY28-29.9%0.30
    FY29-29.9%0.21
    FY30-29.9%0.15
    FY31-29.9%0.10
    FY32-11.9% ·fade0.09
    FY336.0% ·fade0.10

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Hindcon Chemicals Limited

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