HPIL
Hindprakash Industries financials
- Market cap
- ₹137 Cr
- Sector
- Chemicals
What Hindprakash Industries Limited does
Hindprakash Industries Limited is headquartered in Ahmedabad, Gujarat, and operates a factory at GIDC Industrial Estate, Vatva, Ahmedabad, along with a leasehold industrial plot at Saykha Industrial Estate, Ta. Vagra, Dist. Bharuch, Gujarat. The company reported no change in the nature of its business during FY2024-25. It previously held a 32% stake in Hindparagon Polyresins Private Limited, an associate company, which it divested on September 30, 2023 to related group entity Hindprakash Chemicals Private Limited.
- Manufacturing / industrial locations
- 1 factory (GIDC Vatva, Ahmedabad) + 1 leasehold industrial plot (Saykha Industrial Estate, Bharuch), Gujarat
Quarterly results
Q1 FY27: revenue down 11.9%, net profit up 760.0% 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 | 20 | 20 | 39 | 30 | 31 +54% | 23 +11% | 31 −20% | 27 −12% |
| EBITDA | 0 | 1 | 1 | 1 | 0 +16% | 1 +3% | -1 −187% | -3 −629% |
| Net profit | 1 | 0 | 0 | 0 | 0 −79% | 0 +43% | 2 +393% | 1 +760% |
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 −9.1% 1Y
1Y: ₹136.32 on 10 Sept 2025 → ₹123.87. High ₹144.25 (1 Jan 2026), low ₹109.83 (24 Mar 2026).
Financials, as filed
Revenue grew 4.5% a year over 3 years, FY23 to FY26. Operating margin narrowed to 0.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹101 Cr | ₹100 Cr | ₹102 Cr | ₹115 Cr |
| Operating profit | ₹4 Cr | ₹4 Cr | ₹3 Cr | ₹1 Cr |
| Operating margin | 3.8% | 3.9% | 2.6% | 0.9% |
| Interest | ₹2 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹3 Cr |
| Net margin | 2.4% | 1.5% | 1.6% | 2.4% |
| Cash from operations | ₹5 Cr | ₹3 Cr | — | — |
| Free cash flow | ₹3 Cr | ₹3 Cr | — | — |
| ROCE | 9.0% | 7.0% | 5.0% | 5.0% |
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 | FY22 | FY23 | FY24 |
|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹11 Cr |
| Reserves | ₹28 Cr | ₹32 Cr | ₹39 Cr |
| Borrowings | ₹9 Cr | ₹21 Cr | ₹22 Cr |
| Other liabilities | ₹8 Cr | ₹16 Cr | ₹12 Cr |
| Total liabilities | ₹56 Cr | ₹80 Cr | ₹85 Cr |
| Fixed assets | ₹11 Cr | ₹15 Cr | ₹15 Cr |
| Capital work in progress | ₹3 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹5 Cr | ₹5 Cr |
| Other assets | ₹42 Cr | ₹60 Cr | ₹65 Cr |
| Total assets | ₹56 Cr | ₹80 Cr | ₹85 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 8% to 3,094.
- Promoters
- 74.8%
- Public
- 25.1%
Since Jun 2025
- Public −0.02 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 74.8%, Public 25.2%.Dec '23: Promoters 74.7%, Public 25.4%.Mar '24: Promoters 75.0%, Public 25.1%.Jun '24: Promoters 75.0%, Public 25.1%.Sep '24: Promoters 75.0%, Public 25.1%.Dec '24: Promoters 74.8%, Public 25.1%.Mar '25: Promoters 74.8%, Public 25.1%.Jun '25: Promoters 74.8%, Public 25.2%.Sep '25: Promoters 74.8%, Public 25.2%.Dec '25: Promoters 74.8%, Public 25.1%.Mar '26: Promoters 74.8%, Public 25.1%.Jun '26: Promoters 74.8%, Public 25.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Hindprakash Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sanjay Prakash Mangal | 19.54% | unchanged |
| Vedantprakash S Mangal | 12.87% | unchanged |
| Priyata Sanjayprakash Mangal | 11.42% | unchanged |
| Om Prakash Mangal | 9.37% | unchanged |
| Mangal Dimple S | 6.62% | unchanged |
| Chemhub Tradelink Private Limited | 5.53% | unchanged |
| Hindprakash Global Private Limited | 4.10% | unchanged |
| Hindprakash Chemicals Private Limited | 3.76% | unchanged |
| Asha Garg | 3.50% | unchanged |
| Honey Mangal | 3.42% | unchanged |
| Omprakash Sanjayprakash Huf | 1.84% | unchanged |
| O.P.S.P Mangal Huf | 0.92% | 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 Hindprakash Industries Limited
Guides on how to read this kind of business and the numbers that matter.