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  2. •

    Process industries

  3. •

    Chemicals: major diversified
Haryana Leather Chemicals Limited

Haryana Leather Chemicals Limited

BBSE:HARLETH
61.50
INR
+2.00
(+3.36%)
2.35EPS
26.40P/E
304.33MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
91.32
86.34
80.92
79.56
72.47
75.11
71.36
56.72
79.2
86.54
90.5
99.89
104.65
108.62
Basic EPS, GAAP
5.54
2.77
4.14
4
3.52
3.14
4.27
3.26
2.68
3.79
9.41
4.69
4.84
2.35
Free Cash Flow per Basic Share
- -
1.24
9.16
6.07
1.08
0.63
6.49
-17.18
4.39
-6.03
13.7
-2.43
8.57
- -
Dividend per Share
- -
- -
- -
- -
0.96
0.96
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
48.83
54.45
57.49
60.05
62.22
65.52
68.78
71.45
75.35
83.76
87.45
91.29
- -
Tangible Book Value per Share
- -
48.83
54.45
57.49
60.05
62.22
65.52
68.78
71.45
75.35
83.76
87.45
91.29
- -
Basic Weighted Avg Shares
5
5
5
5
5
5
5
5
5
5
5
5
5
5
Sales/Revenue/Turnover
448
424
397
391
356
369
350
278
389
425
444
490
514
543
Operating Margin (%)
8.69
5.37
8.8
5.77
4.11
3.15
5.67
4.26
1.74
4.25
5.53
3.89
4.07
1.58
Depreciation Expense
8
13
11
10
9
7
7
8
8
8
9
9
9
9
Net Income, GAAP
27
14
20
20
17
15
21
16
13
19
46
23
24
12
Effective Tax Rate (%)
27.83
32.59
31.48
34.14
21.79
28.09
25.9
26.15
28.44
26.55
18.19
31.14
33.49
44.12
Profit Margin (%)
6.07
3.21
5.11
5.02
4.86
4.17
5.98
5.74
3.38
4.38
10.4
4.69
4.63
2.16
Working Capital
- -
87
114
132
146
158
174
86
123
108
168
171
220
- -
LT Debt
- -
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
240
267
282
295
305
322
338
351
370
411
429
448
- -
Return on Invested Capital (%)
- -
- -
8.79
8.22
3.82
2.69
3.95
2.66
1.39
3.16
9.39
3.06
3.11
- -
Return on Capital (%)
- -
- -
8.1
7.16
6.1
5.19
6.72
4.89
3.88
5.18
11.75
5.48
5.43
- -
Return on Common Equity (%)
- -
- -
8.01
7.14
5.99
5.13
6.68
4.85
3.82
5.17
11.83
5.47
5.42
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
9
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
303
248
304

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
277
- -
Cash, Cash Equivalents & STI
- -
12
- -
Accounts Receivable, Net
- -
119
- -
Inventories
- -
38
- -
Total Current Liabilities
- -
57
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
9
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.32%
5.86%
4.39%
Free Cash Flow
-85.55%
-252.16%
-452.82%
Net Income, GAAP
11.13%
25.02%
3.34%
Sales/Revenue/Turnover
3.61%
13.72%
4.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
122
108
126
134
490
2026
118
131
118
147
514
2027
147
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.32
0.31
1.25
0.81
4.69
2026
1.51
0.36
1.17
0.79
4.84
2027
0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Pankaj Jain
Full Time Employees
82
Sector
Process industries
Industry
Chemicals: major diversified
Address
1405-B, Signature Towers Gurgaon India 122001
IPO Date
Feb 26, 1990
Website
leatherchem.com
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Business
Haryana Leather Chemicals Limited manufactures and sells specialty performance chemicals and coatings for leather processing, footwear finishing, textile printing, pressure sensitive adhesives, and PVC processing; its core product portfolio includes synthetic tanning agents (syntans), fatliquors, pigment dispersions, acrylic resins and processing aids, polyurethane dispersions, touch modifiers, binders, wax emulsions, pull-up oils, lacquers and topcoats, protein binders, dye solutions, textile printing binders, impact modifiers, foam board regulators, and cationic finishes. Founded in 1985 as a state government-sponsored Indo-Italian joint venture with ICAP-SIRA Italy and maintaining technical alliances with VISMON Spain and others including Smit and Zoon Holland for fatliquors and ICAP Industria Chimica Italy for finishing chemicals, the company operates an integrated research and manufacturing facility with a 100,000 square foot plant in the Delhi-NCR region of India, serving domestic and export markets in the chemical manufacturing industry focused on high-value addition for leather, textile, footwear, and related sectors. The company remains nearly debt-free with recent financial performance showing standalone net profit rising 20% to Rs 0.18 crore and sales up 21% to Rs 13.09 crore in the quarter ended September 2025, alongside a proposed final dividend of Rs 1 per share and ongoing ISO 9001:2015 and ISO 14001:2015 certified operations emphasizing safety and environmental responsibility.