Hindcon Chemicals Limited (HINDCON) - Net Assets

Latest as of March 2026: Rs580.80 Million INR ≈ $6.28 Million USD

Based on the latest financial reports, Hindcon Chemicals Limited (HINDCON) has net assets worth Rs580.80 Million INR (≈ $6.28 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs764.91 Million ≈ $8.27 Million USD) and total liabilities (Rs184.12 Million ≈ $1.99 Million USD). 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. Check Hindcon Chemicals Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs580.80 Million
% of Total Assets	75.93%
Annual Growth Rate	13.76%
5-Year Change	46.68%
10-Year Change	280.72%
Growth Volatility	19.46

Hindcon Chemicals Limited - Net Assets Trend (2013–2026)

This chart illustrates how Hindcon Chemicals Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Hindcon Chemicals Limited to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Hindcon Chemicals Limited (2013–2026)

The table below shows the annual net assets of Hindcon Chemicals Limited from 2013 to 2026. For live valuation and market cap data, see HINDCON company net worth.

Year	Net Assets	Change
2026-03-31	Rs580.80 Million ≈ $6.28 Million	+6.24%
2025-03-31	Rs546.66 Million ≈ $5.91 Million	+8.15%
2024-03-31	Rs505.49 Million ≈ $5.47 Million	+18.01%
2023-03-31	Rs428.36 Million ≈ $4.63 Million	+8.18%
2022-03-31	Rs395.95 Million ≈ $4.28 Million	+8.62%
2021-03-31	Rs364.52 Million ≈ $3.94 Million	+11.89%
2020-03-31	Rs325.79 Million ≈ $3.52 Million	+7.48%
2019-03-31	Rs303.12 Million ≈ $3.28 Million	+10.45%
2018-03-31	Rs274.43 Million ≈ $2.97 Million	+79.89%
2017-03-31	Rs152.55 Million ≈ $1.65 Million	+23.00%
2016-03-31	Rs124.03 Million ≈ $1.34 Million	+7.39%
2015-03-31	Rs115.50 Million ≈ $1.25 Million	+2.97%
2014-03-31	Rs112.17 Million ≈ $1.21 Million	+3.19%
2013-03-31	Rs108.70 Million ≈ $1.18 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs77.05 Million	13.50%
Other Components	Rs493.88 Million	86.50%
Total Equity	Rs570.93 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
Kalo Gold Corp NASDAQ:KLGDD	$11.95 Million
HF Company SA PA:ALHF	$11.95 Million
SSH Group Ltd AU:SSH	$11.95 Million
Iconovo ST:ICO	$11.95 Million
Dgenx Co. Ltd KQ:113810	$11.94 Million
Kucingko Berhad KLSE:0315	$11.93 Million
Jianzhi Education Technology Group Company Limited American Depositary Shares NASDAQ:JZ	$11.91 Million
Infrared Cameras Holdings Inc NASDAQ:MSAI	$11.91 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 2025 to 2026, total equity changed from 540,262,000 to 570,932,000, a change of 30,670,000 (5.7%).
Net income of 32,330,000 contributed positively to equity growth.
New share issuances of 5,200,000 increased equity.
Other comprehensive income decreased equity by 48,098,999.
Other factors increased equity by 41,238,999.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs32.33 Million	+5.66%
Share Issuances	Rs5.20 Million	+0.91%
Other Comprehensive Income	Rs-48.10 Million	-8.42%
Other Changes	Rs41.24 Million	+7.22%
Total Change	Rs-	5.68%

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: 1.45x
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 2.05x to 1.45x 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	Rs10.50	Rs21.57	x
2014-03-31	Rs10.83	Rs21.57	x
2015-03-31	Rs11.15	Rs21.57	x
2016-03-31	Rs11.97	Rs21.57	x
2017-03-31	Rs14.74	Rs21.57	x
2018-03-31	Rs53.57	Rs21.57	x
2019-03-31	Rs39.22	Rs21.57	x
2020-03-31	Rs8.43	Rs21.57	x
2021-03-31	Rs46.14	Rs21.57	x
2022-03-31	Rs10.20	Rs21.57	x
2023-03-31	Rs11.04	Rs21.57	x
2024-03-31	Rs13.02	Rs21.57	x
2025-03-31	Rs14.08	Rs21.57	x
2026-03-31	Rs14.83	Rs21.57	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): 5.66%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.97%
• Asset Turnover: 0.85x
• Equity Multiplier: 1.34x
Recent ROE (5.66%) is below the historical average (8.84%), 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	Rs-8.01 Million
2014	3.08%	1.11%	1.52x	1.83x	Rs-7.67 Million
2015	2.90%	0.95%	1.41x	2.17x	Rs-8.10 Million
2016	6.85%	2.52%	1.40x	1.95x	Rs-3.86 Million
2017	13.76%	6.11%	1.30x	1.73x	Rs5.67 Million
2018	17.03%	13.65%	0.97x	1.28x	Rs19.14 Million
2019	9.37%	6.40%	1.22x	1.20x	Rs-1.89 Million
2020	8.79%	6.42%	1.12x	1.22x	Rs-3.91 Million
2021	13.35%	10.66%	1.00x	1.26x	Rs11.88 Million
2022	10.81%	6.35%	1.27x	1.34x	Rs3.17 Million
2023	10.20%	5.05%	1.60x	1.27x	Rs841.90K
2024	12.37%	9.58%	1.08x	1.19x	Rs11.85 Million
2025	7.04%	6.72%	0.89x	1.18x	Rs-16.02 Million
2026	5.66%	4.97%	0.85x	1.34x	Rs-24.76 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: $4,415,309,840
Average return on equity (ROE) among peers: 15.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hindcon Chemicals Limited (HINDCON)	Rs580.80 Million	2.54%	0.32x	$11.94 Million
Aarti Industries Limited (AARTIIND)	$3.75 Billion	25.25%	1.91x	$1.91 Billion
Aarti Surfactants Limited (AARTISURF)	$1.36 Billion	4.04%	1.96x	$35.50 Million
ABM International Limited (ABMINTLLTD)	$148.54 Million	-22.96%	1.64x	$4.23 Million
Advanced Enzyme Technologies Limited (ADVENZYMES)	$8.67 Billion	14.91%	0.13x	$452.18 Million
Aether Industries Limited (AETHER)	$3.87 Billion	28.16%	0.99x	$1.66 Billion
Akzo Nobel India Limited (AKZOINDIA)	$8.48 Billion	17.72%	1.40x	$1.60 Billion
Alkali Metals Limited (ALKALI)	$293.96 Million	25.87%	0.91x	$9.63 Million
Alkyl Amines Chemicals Limited (ALKYLAMINE)	$11.69 Billion	19.56%	0.36x	$990.72 Million
Ami Organics Limited (AMIORG)	$822.19 Million	28.33%	1.59x	$1.18 Billion
Anupam Rasayan India Limited (ANURAS)	$5.07 Billion	9.71%	1.61x	$1.58 Billion

About Hindcon Chemicals Limited

NSE:HINDCON India Specialty Chemicals

Market Cap

$11.94 Million

Rs1.10 Billion INR

Market Cap Rank

#26605 Global

#1481 in India

Share Price

Rs21.57

Change (1 day)

-0.87%

52-Week Range

Rs16.75 - Rs36.53

All Time High

Rs63.82