Hindcon Chemicals Limited
Hindcon Chemicals Limited manufactures and sells sodium silicates and construction chemicals, and related services in India and internationally. It offers cement additive products, which includes coating and impregnation, concrete and mortar admixtures, epoxy grouts and mortars, expansion and contraction joint systems, floorings, foundry aids, green products for building projects, grouts, protect… Read more
Hindcon Chemicals Limited (HINDCON) - Net Assets
Latest net assets as of September 2025: ₹569.78 Million INR
Based on the latest financial reports, Hindcon Chemicals Limited (HINDCON) has net assets worth ₹569.78 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹723.84 Million) and total liabilities (₹154.06 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹569.78 Million |
| % of Total Assets | 78.72% |
| Annual Growth Rate | 14.41% |
| 5-Year Change | 49.97% |
| 10-Year Change | 340.76% |
| Growth Volatility | 20.08 |
Hindcon Chemicals Limited - Net Assets Trend (2013–2025)
This chart illustrates how Hindcon Chemicals Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hindcon Chemicals Limited (2013–2025)
The table below shows the annual net assets of Hindcon Chemicals Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹546.66 Million | +8.15% |
| 2024-03-31 | ₹505.49 Million | +18.01% |
| 2023-03-31 | ₹428.36 Million | +8.18% |
| 2022-03-31 | ₹395.95 Million | +8.62% |
| 2021-03-31 | ₹364.52 Million | +11.89% |
| 2020-03-31 | ₹325.79 Million | +7.48% |
| 2019-03-31 | ₹303.12 Million | +10.45% |
| 2018-03-31 | ₹274.43 Million | +79.89% |
| 2017-03-31 | ₹152.55 Million | +23.00% |
| 2016-03-31 | ₹124.03 Million | +7.39% |
| 2015-03-31 | ₹115.50 Million | +2.97% |
| 2014-03-31 | ₹112.17 Million | +3.19% |
| 2013-03-31 | ₹108.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hindcon Chemicals Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6357.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹351.94 Million | 65.14% |
| Common Stock | ₹76.72 Million | 14.20% |
| Other Comprehensive Income | ₹48.10 Million | 8.90% |
| Other Components | ₹63.50 Million | 11.75% |
| Total Equity | ₹540.26 Million | 100.00% |
Hindcon Chemicals Limited Competitors by Market Cap
The table below lists competitors of Hindcon Chemicals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citigold Corporation Limited
PINK:CTOHF
|
$4.80 Million |
|
Greenway Greenhouse Cannabis Corporation
OTCQB:GWAYF
|
$4.80 Million |
|
Archidply Industries Limited
NSE:ARCHIDPLY
|
$4.80 Million |
|
Mr. Onion
TWO:2740
|
$4.80 Million |
|
Solartron Public Company Limited
BK:SOLAR
|
$4.79 Million |
|
Thor Energy Plc
AU:THR
|
$4.79 Million |
|
Sumber Mas Konstruksi Tbk PT
JK:SMKM
|
$4.79 Million |
|
B-Gaming S.A.
BA:GAMI
|
$4.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hindcon Chemicals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 499,543,000 to 540,262,000, a change of 40,719,000 (8.2%).
- Net income of 38,009,000 contributed positively to equity growth.
- Dividend payments of 3,824,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,697,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹38.01 Million | +7.04% |
| Dividends Paid | ₹3.82 Million | -0.71% |
| Other Comprehensive Income | ₹2.70 Million | +0.5% |
| Other Changes | ₹3.84 Million | +0.71% |
| Total Change | ₹- | 8.15% |
Book Value vs Market Value Analysis
This analysis compares Hindcon Chemicals Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.74x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹10.50 | ₹18.23 | x |
| 2014-03-31 | ₹10.83 | ₹18.23 | x |
| 2015-03-31 | ₹11.15 | ₹18.23 | x |
| 2016-03-31 | ₹11.97 | ₹18.23 | x |
| 2017-03-31 | ₹14.74 | ₹18.23 | x |
| 2018-03-31 | ₹53.57 | ₹18.23 | x |
| 2019-03-31 | ₹39.22 | ₹18.23 | x |
| 2020-03-31 | ₹8.43 | ₹18.23 | x |
| 2021-03-31 | ₹46.14 | ₹18.23 | x |
| 2022-03-31 | ₹10.20 | ₹18.23 | x |
| 2023-03-31 | ₹11.04 | ₹18.23 | x |
| 2024-03-31 | ₹13.02 | ₹18.23 | x |
| 2025-03-31 | ₹14.08 | ₹18.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hindcon Chemicals Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.72%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.18x
- Recent ROE (7.04%) is below the historical average (9.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.54% | 0.89% | 1.46x | 1.96x | ₹-8.01 Million |
| 2014 | 3.08% | 1.11% | 1.52x | 1.83x | ₹-7.67 Million |
| 2015 | 2.90% | 0.95% | 1.41x | 2.17x | ₹-8.10 Million |
| 2016 | 6.85% | 2.52% | 1.40x | 1.95x | ₹-3.86 Million |
| 2017 | 13.76% | 6.11% | 1.30x | 1.73x | ₹5.67 Million |
| 2018 | 17.03% | 13.65% | 0.97x | 1.28x | ₹19.14 Million |
| 2019 | 9.37% | 6.40% | 1.22x | 1.20x | ₹-1.89 Million |
| 2020 | 8.79% | 6.42% | 1.12x | 1.22x | ₹-3.91 Million |
| 2021 | 13.35% | 10.66% | 1.00x | 1.26x | ₹11.88 Million |
| 2022 | 10.81% | 6.35% | 1.27x | 1.34x | ₹3.17 Million |
| 2023 | 10.20% | 5.05% | 1.60x | 1.27x | ₹841.90K |
| 2024 | 12.37% | 9.58% | 1.08x | 1.19x | ₹11.85 Million |
| 2025 | 7.04% | 6.72% | 0.89x | 1.18x | ₹-16.02 Million |
Industry Comparison
This section compares Hindcon Chemicals Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,571,777,102
- Average return on equity (ROE) among peers: 15.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hindcon Chemicals Limited (HINDCON) | ₹569.78 Million | 2.54% | 0.27x | $4.80 Million |
| Aarti Industries Limited (AARTIIND) | $8.75 Billion | 18.56% | 2.05x | $1.01 Billion |
| Aarti Surfactants Limited (AARTISURF) | $2.18 Billion | 9.78% | 0.94x | $15.14 Million |
| ABM International Limited (ABMINTLLTD) | $214.51 Million | 3.09% | 0.89x | $294.24K |
| ACUTAAS CHEMICALS LTD (ACUTAAS) | $5.94 Billion | 14.02% | 0.29x | $247.08K |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $984.09 Million | 34.30% | 2.55x | $95.16 Million |
| Agarwal Industrial Corporation Limited (AGARIND) | $739.40 Million | 9.29% | 0.98x | $26.89 Million |
| Alkali Metals Limited (ALKALI) | $513.80 Million | 2.54% | 0.73x | $1.88 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $3.79 Billion | 22.71% | 1.01x | $204.91 Million |
| Ami Organics Limited (AMIORG) | $107.73 Million | 26.58% | 2.59x | $704.27 Million |
| Anupam Rasayan India Limited (ANURAS) | $2.50 Billion | 13.94% | 1.53x | $318.75 Million |