HINDMOTORS
Hindustan Motors financials
- Market cap
- ₹292 Cr
What Hindustan Motors Ltd. does
Hindustan Motors Ltd is a listed manufacturing company headquartered in Kolkata whose Uttarpara Plant in Hooghly district, West Bengal has remained under 'Suspension of Work' since 24 May 2014 due to low productivity, funding shortages and lack of demand for its products. The company employed 192 people as on 31 March 2025, down from 235 a year earlier, and has no subsidiary, associate or joint venture. During FY25 the Government of West Bengal took possession of 395 acres of land that had been leased to the company, after the company's legal challenge to the land's resumption was dismissed by the tribunal, the Calcutta High Court and the Supreme Court. The company states it continues to explore new business or technology partners to utilise its remaining assets and generate additional revenue.
- Manufacturing plant
- 1 (Uttarpara Plant, Hooghly district, West Bengal) — under suspension of work since 24 May 2014
- Employees
- 192 (as on 31 Mar 2025, down from 235 a year earlier)
- Leased land resumed by West Bengal govt
- 395 acres (possession taken 11 Jul 2025)
- Subsidiaries / associates / JVs
- None
Quarterly results
Q1 FY27: net profit down 94.7% 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 | 1 | 1 | 0 | 0 | 0 −100% | 0 −100% | 0 | 0 |
| EBITDA | -0 | -1 | -2 | -1 | -1 −126% | -1 −47% | -1 +41% | -1 +27% |
| Net profit | 5 | 3 | -1 | 4 | 0 −99% | 0 −98% | -4 −504% | 0 −95% |
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: ₹27.55 on 30 Sept 2024 → ₹20.47. High ₹34.01 (16 Jun 2025), low ₹20.4 (30 Sept 2025).
Financials, as filed
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹0 Cr | ₹3 Cr | ₹2 Cr | ₹0 Cr |
| Operating profit | ₹-5 Cr | ₹-1 Cr | ₹-3 Cr | ₹-4 Cr |
| Operating margin | — | -36.0% | -139.1% | — |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹0 Cr | ₹25 Cr | ₹16 Cr | ₹-0 Cr |
| Net margin | — | 782.2% | 692.0% | — |
| Cash from operations | ₹1 Cr | ₹-15 Cr | ₹-27 Cr | ₹24 Cr |
| Free cash flow | ₹1 Cr | ₹14 Cr | ₹-7 Cr | ₹24 Cr |
| ROCE | -21.5% | 2.3% | 3.2% | 16.7% |
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 | ₹104 Cr | ₹104 Cr | ₹104 Cr | ₹104 Cr | ₹104 Cr | ₹104 Cr |
| Reserves | ₹-132 Cr | ₹-114 Cr | ₹-113 Cr | ₹-88 Cr | ₹-68 Cr | ₹-72 Cr |
| Borrowings | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹0 Cr | ₹18 Cr |
| Other liabilities | ₹39 Cr | ₹22 Cr | ₹18 Cr | ₹19 Cr | ₹27 Cr | ₹5 Cr |
| Total liabilities | ₹29 Cr | ₹30 Cr | ₹27 Cr | ₹53 Cr | ₹63 Cr | ₹55 Cr |
| Fixed assets | ₹18 Cr | ₹17 Cr | ₹16 Cr | ₹12 Cr | ₹9 Cr | ₹0 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 | ₹21 Cr |
| Other assets | ₹11 Cr | ₹13 Cr | ₹10 Cr | ₹41 Cr | ₹55 Cr | ₹34 Cr |
| Total assets | ₹29 Cr | ₹30 Cr | ₹27 Cr | ₹53 Cr | ₹63 Cr | ₹55 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
Since Jun 2025, the public added +0.42 pp while FIIs trimmed −0.38 pp. The shareholder count shrank 1% to 2,67,024.
- Promoters
- 32.3%
- FIIs
- 0.0%
- DIIs
- 2.1%
- Public
- 65.5%
Since Jun 2025
- Public +0.42 pp
- FIIs −0.38 pp
- DIIs −0.05 pp
How it drifted, 12 quarters
Over this window the public went from 64.5% to 65.5% — +1.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 32.3%, FIIs 0.0%, DIIs 3.1%, Public 64.5%.Dec '23: Promoters 32.3%, FIIs 0.0%, DIIs 3.1%, Public 64.5%.Mar '24: Promoters 32.3%, FIIs 0.0%, DIIs 2.6%, Public 65.0%.Jun '24: Promoters 32.3%, FIIs 0.1%, DIIs 2.6%, Public 65.0%.Sep '24: Promoters 32.3%, FIIs 0.1%, DIIs 2.5%, Public 65.1%.Dec '24: Promoters 32.3%, FIIs 0.1%, DIIs 2.5%, Public 65.1%.Mar '25: Promoters 32.3%, FIIs 0.2%, DIIs 2.5%, Public 65.0%.Jun '25: Promoters 32.3%, FIIs 0.4%, DIIs 2.2%, Public 65.1%.Sep '25: Promoters 32.3%, FIIs 0.0%, DIIs 2.2%, Public 65.5%.Dec '25: Promoters 32.3%, FIIs 0.0%, DIIs 2.2%, Public 65.4%.Mar '26: Promoters 32.3%, FIIs 0.0%, DIIs 2.2%, Public 65.5%.Jun '26: Promoters 32.3%, FIIs 0.0%, DIIs 2.1%, Public 65.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Hindustan Motors Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| National Bearing Co. (Jaipur) Limited | 10.36% | unchanged |
| Central India Industries Limited | 8.82% | unchanged |
| Amer Investments (Delhi) Limited | 4.21% | unchanged |
| Bengal Rubber Company Limited | 2.57% | unchanged |
| Jaipur Finance And Dairy Products Pvt. Ltd. | 1.76% | unchanged |
| Hindusthan Discounting Company Limited | 1.48% | unchanged |
| Life Insurance Corporation Of India Insurer | 1.18% | −0.05 pp |
| Soorya Vanijya And Investment Limited | 0.72% | unchanged |
| Shekhavati Investments And Traders Ltd. | 0.60% | unchanged |
| Birla Brothers Private Limited | 0.53% | unchanged |
| National Engineering Industries Limited | 0.43% | unchanged |
| Gwalior Finance Corporation Limited | 0.32% | 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.
Learn to analyse Hindustan Motors Ltd.
Guides on how to read this kind of business and the numbers that matter.