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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Hindprakash Industries Limited is an India-based company, which is engaged in activity of manufacturing/dealing/trading of dyes, intermediates, auxiliary, chemicals and other merchandise. The Company is also engaged in the manufacturing of adhesives. Its product categories…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, fairly priced — but flagged on governance.
Hindprakash Industries is scored on the general / industrial framework. It keeps a thin 1.5% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.09× reported profit. Free cash flow is worth about -3.2% of its market value.
Over the last 2 years revenue compounded at -2%/yr and profit at -25%/yr. Book value has grown 15%/yr. Return on equity is a weak 3.3%. In the latest quarter profit fell 64% versus the prior quarter.
At 78× earnings, the stock sits at the 44th percentile of its own 4.5-year range — the middle of where it has historically traded. Today's price already implies ~30%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: 59% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 93.46 | — | — |
| P/B | 2.89 | 1.48 | worse |
| EV/EBITDA | 32.08 | 19.02 | worse |
| ROE | 3.34 | — | — |
| ROCE | 6.96 | 13.36 | worse |
| ROA | 2.13 | 7.61 | worse |
| Quick Ratio | 0.92 | 1.81 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Pidilite Industries | 59.1 | 14.3 | 23.9% |
| SRF | 32.3 | 4.8 | 14.9% |
| Linde India | 118.3 | 13.3 | 11.3% |
Negative CAGR — the top line has shrunk over this window.
Revenue is outpacing profit (-2% vs -25%) — costs are rising faster than the top line. The latest year saw a -37% swing — check if it's a one-off or structural.
Operating margins have been stable around 2% — no major structural shift. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 3% — modest; the capital isn't working hard.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -25% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.1× PAT — earnings are well-backed by cash; strong accrual quality. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 75% sequentially — momentum is building. Wide quarterly swings (49% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 27% below earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 64% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 4.5y median.
Promoters hold 74.8% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.