Hindustan Composites' Q1 FY 2026-27 Quarterly Results

Result Summary

• Hindustan Composites Ltd reported a 81.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 77.0%.
• Its expenses for the quarter were down by 79.9% QoQ and 75.8% YoY.
• The net profit decreased 25.8% QoQ and increased 16.4% YoY.
• The earnings per share (EPS) of Hindustan Composites Ltd stood at 5.88 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Hindustan Composites Ltd is a company engaged in the manufacturing and supply of composite products. It operates primarily in the automotive and industrial sectors, providing friction materials, thermal insulation, and other related products. The company is known for its focus on innovation and quality, catering to a wide range of industries, including automotive, railways, and industrial applications. Hindustan Composites Ltd has established itself as a significant player in the industry, leveraging its expertise in composite technologies to deliver high-performance solutions. As of the data available up to October 2023, no recent major developments are specified.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), Hindustan Composites Ltd reported a total income of ₹20.05 crores, a significant decrease of 81.0% from the previous quarter (Q4FY26), where the total income was ₹105.25 crores. When compared to the same quarter in the previous year (Q1FY26), where the total income was ₹87.08 crores, there is a decrease of 77.0%. This reflects a notable year-over-year decline in revenue. These figures indicate fluctuations in the company's revenue generation over the respective periods.

Profitability

The company's profit before tax in Q1FY27 stood at ₹1.58 crores, marking a decrease of 88.3% from the previous quarter's profit before tax of ₹13.52 crores. Compared to Q1FY26, where the profit before tax was ₹10.77 crores, there is an 85.3% decrease. The profit after tax for Q1FY27 is reported at ₹8.68 crores, which is 25.8% lower than the previous quarter's ₹11.70 crores but shows a 16.4% increase from the corresponding quarter of the previous year, which stood at ₹7.46 crores. Earnings per share (EPS) followed a similar trend, recorded at ₹5.88 in Q1FY27, down 25.8% from the previous quarter's ₹7.92 and up 16.4% from ₹5.05 in Q1FY26. These metrics reveal variations in the company's profitability across the observed periods.

Operating Metrics

Total expenses for Q1FY27 amounted to ₹18.47 crores, reflecting a decrease of 79.9% from ₹91.73 crores in Q4FY26. When compared to Q1FY26, where the total expenses were ₹76.31 crores, there is a 75.8% decrease. The tax component for Q1FY27 was negative at -₹0.35 crores, indicating a tax refund or credit scenario, contrasting with the positive tax figures of ₹1.82 crores in Q4FY26 and ₹3.31 crores in Q1FY26. The quarter-over-quarter and year-over-year changes in expenses and tax figures highlight significant alterations in the company's cost structure and tax obligations.