Hindprakash Industries Ltd. (HPIL) AI Stock Analysis

Hindprakash Industries Ltd.

(NSE:HPIL)

Select Model

Rating:51Neutral

Price Target:INR 116.00▼(-2.52% Downside)

Action:reiterated

Date:10/16/26

The score is primarily constrained by weak cash generation, margin compression, and elevated valuation. Revenue growth, manageable leverage, and mixed rather than severely negative technical momentum provide partial support.

Positive Factors

Manageable LeverageModerate leverage and expanding equity provide a degree of balance-sheet resilience, helping the company absorb operating volatility and retain some capacity to support its business. This financial foundation is constructive, although rising debt and only modest returns limit the strength of the benefit.

Negative Factors

Deteriorating Cash GenerationThe shift from positive cash generation to deeply negative operating and free cash flow is a major fundamental weakness. It indicates that reported profits are not converting into internally generated funds, increasing liquidity and funding pressure and reducing flexibility to sustain investment.

Hindprakash Industries Ltd. (HPIL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 1.31B
Dividend Yield: ―
Average Volume (3M): 605
Price to Earnings (P/E): 38.5
Beta (1Y): 1.05
Revenue Growth: 1.81%
EPS Growth: 137.38%
Country: India
Employees: 84
Sector: General
Sector Strength: 55
Industry: Chemicals - Specialty

Hindprakash Industries Ltd. Business Overview & Revenue Model

Company Description

Hindprakash Industries Ltd. engages in the manufacture and trade of dyes, auxiliaries, intermediates and chemicals. The firm also engages in the production of disperse dyes, reactive dyes and textile auxiliaries for catering the needs of domestic tex...

Hindprakash Industries Ltd. Financial Statement Overview

Summary

Revenue and equity growth are positives, but thin and deteriorating margins, moderate leverage, and especially negative operating and free cash flow materially weaken the financial profile.

Income Statement

62Positive

Balance Sheet

68Positive

Cash Flow

38Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	1.11B	1.15B	1.02B	994.68M	1.01B	1.04B
Gross Profit	62.09M	78.88M	57.91M	65.21M	64.68M	64.83M
EBITDA	-16.47M	75.94M	53.08M	51.87M	55.84M	49.01M
Net Income	35.09M	27.46M	16.44M	15.34M	24.65M	27.31M
Balance Sheet
Total Assets	0	913.57M	930.78M	846.95M	799.56M	563.89M
Cash, Cash Equivalents and Short-Term Investments	34.13M	30.03M	30.50M	5.58M	8.81M	1.71M
Total Debt	0	327.58M	301.56M	223.44M	214.05M	128.55M
Total Liabilities	-544.31M	369.26M	413.93M	345.12M	373.41M	173.73M
Stockholders Equity	544.31M	544.31M	516.85M	501.84M	426.14M	390.17M
Cash Flow
Free Cash Flow	0	-103.60M	-56.13M	27.66M	31.11M	19.86M
Operating Cash Flow	0	-101.91M	-53.81M	32.44M	51.77M	25.85M
Investing Cash Flow	0	75.49M	7.00M	-82.16M	-128.33M	5.28M
Financing Cash Flow	0	26.00M	76.69M	43.80M	82.75M	-31.11M

Hindprakash Industries Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price119.00

Price Trends

50DMA120.83Negative

100DMA123.58Negative

200DMA126.25Negative

Market Momentum

MACD-0.47Positive

RSI49.23Neutral

STOCH27.11Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HPIL, the sentiment is Negative. The current price of 119.00 is below the 20-day moving average (MA) of 119.33, below the 50-day MA of 120.83, and below the 200-day MA of 126.25, indicating a bearish trend. The MACD of -0.47 indicates Positive momentum. The RSI at 49.23 is Neutral, neither overbought nor oversold. The STOCH value of 27.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HPIL.

Hindprakash Industries Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:HPIL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:DICIND	76Outperform	INR 4.99B	16.36	―	0.55%	11.71%	79.88%
IN:PODDARMENT	60Neutral	INR 2.79B	18.11	―	1.53%	3.55%	-21.35%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SRD	54Neutral	INR 2.50B	13.67	―	0.13%	12.41%	51.78%
IN:HPIL	51Neutral	INR 1.36B	38.48	―	―	1.81%	137.38%
IN:SUDARSCHEM	46Neutral	INR 78.99B	108.61	―	0.96%	90.13%	-6.80%

* General Sector Average

Performance Comparison

IN:HPIL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:HPIL	Hindprakash Industries Ltd.	119.00	-13.10	-9.92%
IN:DICIND	DIC India Limited	544.00	28.87	5.60%
IN:SUDARCOLOR	Heubach Colorants India Limited	370.95	-146.90	-28.37%
IN:PODDARMENT	Poddar Pigments Limited	262.80	-8.53	-3.14%
IN:SRD	Shankar Lal Rampal Dye-Chem Ltd.	39.02	-28.64	-42.33%
IN:SUDARSCHEM	Sudarshan Chemical Industries Limited	992.15	-150.79	-13.19%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 16, 2026

Hindprakash Industries Ltd. AI Stock Analysis