Hindustan Composites Limited — Quarter and year ended 31 March 2026 (Board meeting outcome dated 23 April 2026)
Optional commentary: The document contains both standalone and consolidated audited financial results for the quarter ended 31 March 2026 and the year ended 31 March 2026, along with standalone/consolidated cash flow statements and statement of assets and liabilities.
| Sr.No. | Particulars | Three Months Ended 31-Mar-26 (Audited)* | Three Months Ended 31-Dec-25 (Unaudited) | Three Months Ended 31-Mar-25 (Audited)* | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|---|---|---|---|
| 1 | INCOME | |||||
| a) Revenue from operations | 10,484 | 9,451 | 8,915 | 37,501 | 32,508 | |
| b) Other Income | 41 | – | 881 | 41 | 905 | |
| Total Income | 10,525 | 9,451 | 9,796 | 37,542 | 33,413 | |
| 2 | Expenses | |||||
| a) Cost of materials consumed | 4,184 | 3,964 | 3,741 | 15,760 | 14,326 | |
| b) Purchase of stock-in-trade | 983 | 993 | – | 2,977 | – | |
| c) Changes in Inventories of finished goods, work-in-progress and stock-in-trade | (344) | (298) | 41 | (879) | (30) | |
| d) Employee benefits expense | 1,194 | 1,151 | 1,087 | 4,680 | 4,194 | |
| e) Finance Costs | 5 | 6 | 1 | 28 | 8 | |
| f) Depreciation and amortization expense | 317 | 299 | 259 | 1,198 | 1,033 | |
| g) Other Expenses | 2,834 | 2,158 | 2,423 | 9,418 | 8,136 | |
| Total Expenses | 9,173 | 8,273 | 7,552 | 33,182 | 27,667 | |
| 3 | Profit before exceptional items and tax (1-2) | 1,352 | 1,178 | 2,244 | 4,360 | 5,746 |
| 4 | Exceptional items (Refer note no. 2) | – | 291 | 1,275 | 291 | 1,275 |
| 5 | Profit before tax (3-4) | 1,352 | 887 | 969 | 4,069 | 4,471 |
| 6 | Tax Expenses | |||||
| Current tax | 433 | 433 | 34 | 1,382 | 901 | |
| Deferred tax | (247) | (213) | 328 | (420) | 70 | |
| Tax expense of earlier year | (4) | – | – | (4) | – | |
| 7 | Net Profit for the Period (5-6) | 1,170 | 667 | 607 | 3,111 | 3,500 |
| 8 | Other Comprehensive Income (OCI) | |||||
| a) Items that will not be reclassified to profit or loss | (2,232) | 1,703 | (757) | 4,327 | 7,677 | |
| b) Income tax relating to items that will not be reclassified to profit or loss | 318 | (258) | 96 | (679) | (1,185) | |
| c) Items that will be reclassified to profit or loss | (544) | (108) | 70 | (451) | 152 | |
| d) Income tax relating to items that will be reclassified to profit or loss | 80 | 16 | (12) | 67 | (62) | |
| Other Comprehensive Income | (2,378) | 1,353 | (603) | 3,264 | 6,582 | |
| Total Comprehensive Income after Tax (7+8) | (1,208) | 2,020 | 4 | 6,375 | 10,082 | |
| 9 | Paid-up Equity Share Capital (Face Value of Rs. 5 per share) | 738 | 738 | 738 | 738 | 738 |
| 10 | Other Equity | – | – | – | 114,002 | 107,922 |
| Earnings per Share (Basic and Diluted) (Rs.) | 7.92 | 4.52 | 4.11 | 21.06 | 23.70 |
| Sr.No. | Particulars | Three Months Ended 31-Mar-26 (Audited)* | Three Months Ended 31-Dec-25 (Unaudited) | Three Months Ended 31-Mar-25 (Audited)* | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Segment Revenue | |||||
| – Composite Products | 8,679 | 8,138 | 7,750 | 31,504 | 28,427 | |
| – Investment | 1,275 | 824 | 1,165 | 3,963 | 4,081 | |
| – Trading in Commodity | 530 | 489 | – | 2,034 | – | |
| Total Income | 10,484 | 9,451 | 8,915 | 37,501 | 32,508 | |
| 2 | Segment Results (Profit (+) / Loss (-) before Tax from each segment) | |||||
| – Composite Products | 1,275 | 1,039 | 1,210 | 4,029 | 3,481 | |
| – Investment | 622 | 629 | 695 | 2,211 | 2,869 | |
| – Trading in Commodity | 18 | 10 | – | 40 | – | |
| Sub Total | 1,915 | 1,678 | 1,905 | 6,280 | 6,350 | |
| Less: Unallocable Expenses / (Income) | ||||||
| Unallocable Expenses | 599 | 494 | 541 | 1,933 | 1,501 | |
| Finance Cost | 5 | 6 | 1 | 28 | 8 | |
| Exceptional Items (Refer note no. 2) | – | 291 | 1,275 | 291 | 1,275 | |
| Other Income | (41) | – | (881) | (41) | (905) | |
| Profit before Tax | 1,352 | 887 | 969 | 4,069 | 4,471 |
| Sr. No. | Particulars | As at 31-Mar-26 (Audited) | As at 31-Mar-25 (Audited) |
|---|---|---|---|
| I | ASSETS | ||
| (1) | NON-CURRENT ASSETS | ||
| (a) Property, Plant and Equipment | 14,425 | 13,295 | |
| (b) Capital Work in Progress | – | 423 | |
| (c) Other Intangible assets | 79 | 93 | |
| (d) Intangible assets under development | – | 6 | |
| (e) Right of use – Lease | 581 | – | |
| (f) Financial Assets | |||
| (i) Investments | 97,205 | 91,679 | |
| (ii) Loans | 225 | 300 | |
| (iii) Other Financial Assets | 32 | 40 | |
| (g) Other Non Current Assets | 98 | 63 | |
| TOTAL NON-CURRENT ASSETS | 112,645 | 105,899 | |
| (2) | CURRENT ASSETS | ||
| (a) Inventories | 2,090 | 1,151 | |
| (b) Financial Assets | |||
| (i) Investments | 3,406 | 4,540 | |
| (ii) Trade receivables | 6,353 | 5,127 | |
| (iii) Cash and cash equivalents | 171 | 319 | |
| (iv) Bank balances other than (iii) above | 40 | 38 | |
| (v) Loans | 310 | 1,077 | |
| (vi) Other financial assets | 1,035 | 1,125 | |
| (c) Other current assets | 431 | 359 | |
| TOTAL CURRENT ASSETS | 13,836 | 13,736 | |
| TOTAL ASSETS | 126,481 | 119,635 | |
| II | EQUITY AND LIABILITIES | ||
| EQUITY | |||
| (a) Equity Share Capital | 738 | 738 | |
| (b) Other Equity | 114,002 | 107,922 | |
| TOTAL EQUITY | 114,740 | 108,660 | |
| LIABILITIES | |||
| (1) | NON-CURRENT LIABILITIES | ||
| (a) Financial Liabilities | |||
| – Lease Liabilities | 78 | – | |
| (b) Provisions | 375 | 291 | |
| (c) Deferred tax liabilities (Net) | 5,220 | 4,982 | |
| (d) Other non-current liabilities | 85 | 96 | |
| TOTAL NON-CURRENT LIABILITIES | 5,758 | 5,369 | |
| (2) | CURRENT LIABILITIES | ||
| (a) Financial Liabilities | |||
| (i) Borrowings | – | 3 | |
| (ii) Lease Liabilities | 90 | – | |
| (iii) Trade payables | |||
| – Total Outstanding Dues of Micro and small enterprises | 812 | 371 | |
| – Total Outstanding Dues of Creditors other than Micro and small enterprises | 4,358 | 4,681 | |
| (iv) Other financial liabilities | 101 | 83 | |
| (b) Other current liabilities | 318 | 222 | |
| (c) Provisions | 210 | 158 | |
| (d) Current tax liabilities (Net) | 94 | 88 | |
| TOTAL CURRENT LIABILITIES | 5,983 | 5,606 | |
| TOTAL EQUITY AND LIABILITIES | 126,481 | 119,635 |
| Sr. No. | Particulars | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|---|
| A | Cash flow from operating activities: | ||
| Net profit before tax | 4,069 | 4,471 | |
| Adjustment to reconcile profit before tax to net cash flows | |||
| Depreciation and amortization expense | 1,198 | 1,033 | |
| Fair valuation of investments through profit and loss | 856 | (192) | |
| Realised (gain) / loss on investments through profit and loss | (889) | (47) | |
| Interest Income | (3,739) | (3,648) | |
| Dividend Income | (190) | (194) | |
| (Profit) / Loss on Sale/discard of Property, Plant and Equipment (Net) | 11 | (528) | |
| Remeasurements of defined benefit plans | (6) | (80) | |
| Interest expenditure | 28 | 8 | |
| Operating profit before working capital changes | 1,338 | 823 | |
| Adjustment for | |||
| (Increase)/Decrease in trade receivable | (1,227) | (1,402) | |
| (Increase)/Decrease in Other Financial Assets | 9 | 10 | |
| (Increase)/Decrease in Other Non Current Assets | (35) | (11) | |
| (Increase)/Decrease in other receivable | (10) | 52 | |
| (Increase)/Decrease in Inventories | (939) | 277 | |
| (Increase)/Decrease in Other Current Financial Assets | (125) | 6 | |
| (Increase)/Decrease in Other Current Assets | (72) | 18 | |
| (Decrease)/Increase in trade payables | 118 | 569 | |
| (Decrease)/Increase in long term provisions | 85 | 36 | |
| (Decrease)/Increase in short term provisions | 52 | (22) | |
| (Decrease)/Increase in other current financial liabilities | 17 | 18 | |
| (Decrease)/Increase in other current liabilities | 97 | 76 | |
| (Decrease)/Increase in other non current liabilities | (11) | (13) | |
| Cash generated from/(used in) operations | (703) | 437 | |
| Add/(Deduct): | |||
| Dividend Received | 190 | 194 | |
| Interest Received | 3,953 | 3,506 | |
| Net cash generated from operating activities before taxes paid | 3,440 | 4,137 | |
| Direct taxes paid (net) | (1,327) | (1,151) | |
| Net cash generated from operating activities | 2,113 | 2,986 | |
| B | Cash flow from investing activities | ||
| Purchase of Property, Plant and Equipment | (2,227) | (2,069) | |
| Proceeds on sale of Property, Plant and Equipment | 2 | 1,498 | |
| Purchase of Investments | (22,119) | (14,059) | |
| Proceeds on sale of Investments | 20,543 | 13,839 | |
| Inter-Corporate Deposits Placed | (400) | (1,180) | |
| Inter-Corporate Deposits Refunded | 1,250 | 180 | |
| Net cash generated from/(used in) investing activities | (2,951) | (1,791) | |
| C | Cash flow from financing activities | ||
| (Repayment) / Proceeds of long-term borrowings | – | (3) | |
| (Repayment) / Proceeds of short-term borrowings | (3) | (6) | |
| Repayment of lease liabilities | (84) | – | |
| Dividend Paid | (295) | (295) | |
| Interest paid | (28) | (8) | |
| Net Cash generated from/(used in) financing activities | (410) | (312) | |
| D | Net Increase/ Decrease in cash and cash equivalent (A+B+C) | (1,248) | 883 |
| Cash and Cash equivalents as at beginning of the year | 1,659 | 776 | |
| Cash and Cash equivalents as at end of the year (includes Rs 240 lakhs (Previous year Rs 1,340 lakhs) investment in liquid mutual funds) | 411 | 1,659 |
| Sr.No. | Particulars | Three Months Ended 31-Mar-26 (Audited)* | Three Months Ended 31-Dec-25 (Unaudited) | Three Months Ended 31-Mar-25 (Audited)* | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|---|---|---|---|
| 1 | INCOME | |||||
| a) Revenue from operations | 10,484 | 9,451 | 8,915 | 37,501 | 32,508 | |
| b) Other Income | 41 | 0 | 881 | 41 | 905 | |
| Total Income | 10,525 | 9,451 | 9,796 | 37,542 | 33,413 | |
| 2 | Expenses | |||||
| a) Cost of materials consumed | 4,184 | 3,964 | 3,741 | 15,760 | 14,326 | |
| b) Purchase of stock-in-trade | 983 | 993 | 0 | 2,977 | 0 | |
| c) Changes in Inventories of |