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Haryana Leather Chemicals Limited

Haryana Leather Chemicals Limited

HARLETH.BO
Haryana Leather Chemicals LimitedIN flagBombay Stock Exchange
60.89
INR
-2.01
- -
298.88MMarket Cap
Haryana Leather Chemicals Limited
HARLETH.BO
(Bombay Stock Exchange)

Recent

price

60.89

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
70.54
65.6
80.82
91.32
86.34
80.92
79.56
72.47
75.11
71.36
56.72
79.2
86.54
90.51
99.97
- -
104.13
Revenue per Share
3.78
3.46
3.63
5.54
2.77
4.14
4
3.52
3.14
4.27
3.26
2.68
3.79
9.41
4.69
- -
3.82
Basic EPS, GAAP
-7.46
-1.67
2.85
- -
1.24
9.16
6.07
1.08
0.63
6.49
-17.18
4.39
-6.03
13.71
-2.43
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.96
0.96
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
10
10
10
- -
41.12
44.54
48.41
50.44
52.61
55.91
59.17
61.85
65.74
74.16
10.01
- -
9.95
Book Value per Share
37.69
40.45
43.38
- -
48.83
54.45
57.49
60.05
62.22
65.52
68.78
71.45
75.35
83.77
87.52
- -
90.84
Tangible Book Value per Share
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
- -
5
Basic Weighted Avg Shares
346
322
397
448
424
397
391
356
369
350
278
389
425
444
490
514
514
Sales/Revenue/Turnover
8.67
6.47
7.15
8.69
5.37
8.8
5.77
4.11
3.15
5.67
4.26
1.74
4.25
5.53
3.51
3.81
3.81
Operating Margin (%)
7
7
8
8
13
11
10
9
7
7
8
8
8
9
9
9
9
Depreciation Expense
19
17
18
27
14
20
20
17
15
21
16
13
19
46
23
24
19
Net Income, GAAP
38.73
16.2
41.09
27.83
32.59
31.48
34.14
21.79
28.09
25.9
26.15
28.44
26.55
18.19
31.14
33.48
38.82
Effective Tax Rate (%)
5.36
5.28
4.5
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
3.67
Profit Margin (%)
81
65
64
- -
87
114
132
146
158
174
86
123
108
168
171
220
220
Working Capital
13
4
- -
- -
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
185
199
213
- -
240
267
282
295
305
322
338
351
370
411
429
448
448
Total Equity
9.43
8.23
7.6
25.32
12.04
9.15
5.37
3.95
2.75
4.61
2.65
1.41
3.64
5.07
2.78
2.9
2.66
Return on Invested Capital (%)
27.89
24.54
28.32
96.71
13.83
9.7
8.61
7.24
6.14
7.89
5.7
4.49
5.95
13.34
11.13
42.83
8.69
Return on Capital (%)
37.8
34.62
36.34
110.72
13.47
9.66
8.6
7.12
6.09
7.86
5.66
4.42
5.94
13.45
11.14
48.43
8.75
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
5
- -
9
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
- -
5
Market Capitalization
384
305
249

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
250
- -
277
Cash, Cash Equivalents & STI
79
- -
117
Accounts Receivable, Net
115
- -
119
Inventories
53
- -
38
Total Current Liabilities
75
- -
57
Payables & Accruals
- -
- -
- -
ST Debt
5
- -
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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%
-452.8%
Net Income, GAAP
11.13%
25.02%
3.34%
Sales/Revenue/Turnover
3.61%
13.72%
4.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
110
114
106
114
444
2025
122
108
126
134
490
2026
118
131
118
147
514

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.88
0.56
2.05
- -
9.41
2025
1.32
0.31
1.25
0.81
4.69
2026
1.51
0.36
1.17
0.79
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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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.