Stock Report

Hindustan Composites Reports Q1 FY27 Net Profit of ₹8.68 Crore; Total Comprehensive Income Reaches ₹28.60 Crore

Posted On : 2026-07-24 10:48:27( TIMEZONE : IST )

Automotive and industrial friction materials manufacturer Hindustan Composites Limited (CIN: L29120MH1964PLC012955) has announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). Driven by sustained expansion across its continuing operations and steady contributions from its investment and trading portfolios, the company recorded a consolidated Profit After Tax (PAT) of ₹868 lakh (₹8.68 crore), representing a 16.3% year-on-year growth compared to ₹746 lakh in Q1 FY26.

Key Financial Highlights

Hindustan Composites demonstrated resilient operational performance across both continuing and discontinued operations during the quarter:

Revenue from Operations (Continuing): Gross revenue from continuing operations surged 37.1% YoY to ₹2,005 lakh in Q1 FY27, up from ₹1,462 lakh in Q1 FY26 and 11.1% sequentially over ₹1,805 lakh in Q4 FY26.

Total Expenses (Continuing): Aggregated expenses for continuing operations came in at ₹1,847 lakh, compared to ₹1,242 lakh in Q1 FY26. This was primarily driven by purchases of stock-in-trade amounting to ₹2,067 lakh (offset by an inventory change adjustment of negative ₹1,084 lakh), employee benefit expenses of ₹189 lakh, depreciation of ₹96 lakh, and other expenses totaling ₹579 lakh.

Profit Before Tax (Continuing): Profit before tax from continuing operations stood at ₹158 lakh, compared to ₹220 lakh in Q1 FY26 and ₹144 lakh in Q4 FY26.

Tax Expenses & PAT (Continuing): After accounting for a total tax credit/expense from continuing operations (net deferred tax credit of ₹79 lakh less current tax of ₹44 lakh), net profit from continuing operations reached ₹193 lakh, up 25.3% YoY from ₹154 lakh in Q1 FY26.

Discontinued Operations Performance: Revenue from discontinued operations stood at ₹8,553 lakh (with total income of ₹8,573 lakh and expenses of ₹7,752 lakh). Profit before tax from discontinued operations stood at ₹821 lakh, yielding a net profit after tax from discontinued operations of ₹675 lakh (against ₹592 lakh in Q1 FY26).

Consolidated Net Profit: Total Profit After Tax (combining continuing and discontinued operations) reached ₹868 lakh, compared to ₹746 lakh in Q1 FY26.

Total Comprehensive Income: Total Comprehensive Income for Q1 FY27 surged to ₹2,860 lakh (supported by positive Other Comprehensive Income of ₹1,992 lakh from continuing operations), rebounding sharply from a comprehensive loss of ₹1,208 lakh in Q4 FY26 and growing over ₹2,749 lakh reported in Q1 FY26.

Earnings Per Share (EPS): Basic and diluted Earnings Per Share (face value of ₹5/- each) stood at ₹5.88 per share for Q1 FY27 (comprising ₹1.31 from continuing operations and ₹4.57 from discontinued operations), compared to ₹5.05 in Q1 FY26 and ₹7.92 in Q4 FY26.

Segment Performance Analysis

Hindustan Composites manages its business across two primary reporting operating segments:

1. Investment Division

Segment Revenue: Rose 2.5% YoY to ₹981 lakh in Q1 FY27 from ₹957 lakh in Q1 FY26.

Segment Results: Reported EBIT of ₹412 lakh, compared to ₹513 lakh in Q1 FY26 and ₹622 lakh in Q4 FY26.

Asset Base: Segment assets under the investment division expanded to ₹1,15,751 lakh (₹1,157.51 crore) as of June 30, 2026, up from ₹1,08,091 lakh in Q1 FY26 and ₹1,08,685 lakh as of March 31, 2026.

2. Trading in Commodity Division

Segment Revenue: Expanded 102.8% YoY to ₹1,024 lakh, compared to ₹505 lakh in Q1 FY26 and ₹530 lakh in Q4 FY26.

Segment Results: Profitability surged to ₹39 lakh for the quarter, compared to ₹1 lakh in Q1 FY26 and ₹18 lakh in Q4 FY26.

Asset Base: Segment assets reached ₹1,030 lakh, up from ₹581 lakh as of June 30, 2025.

Balance Sheet & Asset Base

As of June 30, 2026, total consolidated assets of Hindustan Composites Limited stood at ₹1,29,468 lakh (₹1,294.68 crore), expanding from ₹1,26,444 lakh recorded as of March 31, 2026, and ₹1,23,078 lakh as of June 30, 2025.

Total liabilities stood at ₹12,075 lakh (including discontinued operations liabilities of ₹6,229 lakh and investment segment liabilities of ₹5,783 lakh). Paid-up equity share capital remained unchanged at ₹738 lakh across 1,47,60,000 equity shares of face value ₹5/- each.

Shares of Hindustan Composites Limited was last trading in BSE at Rs. 448.00 as compared to the previous close of Rs. 432.70. The total number of shares traded during the day was 1559 in over 159 trades.

The stock hit an intraday high of Rs. 454.90 and intraday low of 430.00. The net turnover during the day was Rs. 700368.00.