Hindustan Composites Limited

Manufacturer and marketer of brake lining and related components for various industries, with global exports.

1964 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Hindustan Composites Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.38 Cr
  • Company Age 60 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 31.48 Cr
  • Satisfied Charges ₹ 69.94 Cr
  • Revenue Growth 22.14%
  • Profit Growth 2.91%
  • Ebitda 19.18%
  • Net Worth 12.24%
  • Total Assets 9.17%

About Hindustan Composites

Hindustan Composites Limited (HCL) was founded in India on 01 July 1964 and has a glorious history of 60 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509635 and on the National Stock Exchange(NSE) under HINDCOMPOS.

The Corporate was formerly known as Hindustan Ferodo Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 7.38 Cr.

The company currently has active open charges totaling ₹31.48 Cr. The company has closed loans amounting to ₹69.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hindustan Composites Limited India are Sunil Jindal as CFO and Arvind Purohit as Company Secretary. Vinay Sarin, Lalit Bararia, Pawan Choudhary, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29120MH1964PLC012955

  • Company No.

    012955

  • Stock Symbol

    BSE : 509635 NSE : HINDCOMPOS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1964

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Hindustan Composites Limited offer?

Hindustan Composites Limited offers a wide range of products and services, including Brakes & Braking Systems, Truck Brake Parts, Clutch, Clutch Parts & Accessories, Clutch Components, Industrial & Engineering Goods, Industrial Tools, Seals, Oil Seals & Industrial Seals, Seals, Insulators & Insulation Materials, Thermal Insulation Materials.

Who are the key members and board of directors at Hindustan Composites?

Executive Team (3)

NameDesignationAppointment DateStatus
Pawan Choudhary Country flag representing In Managing Director18-Mar-2011Current
Sunil Jindal Country flag representing In CFO29-May-2014Current
Arvind Purohit Country flag representing In Company Secretary27-Jun-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Preeti Agrawal Country flag representing In Director 13-Feb-2020Current
Deepak Sethi Country flag representing In Director 23-Apr-2015Current
Vinay Sarin Country flag representing In Director 01-Jul-2023Current
Lalit Bararia Country flag representing In Director 13-Feb-2020Current
Rajan Dalal Country flag representing In Director 21-Feb-2024Current
Snehal Muzoomdar Country flag representing In Director 01-Oct-2024Current

Financial Performance of Hindustan Composites.

Hindustan Composites Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.14% increase. The company also saw a slight improvement in profitability, with a 2.91% increase in profit. The company's net worth Soared by an impressive increase of 12.24%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.14%
Revenue from Operations
26.03%
Total Assets
9.17%
Profit or Loss
2.91%
Net Worth
12.24%
EBITDA
19.18%

What is the Ownership and Shareholding Structure of Hindustan Composites?

In 2022, Hindustan Composites had a promoter holding of 74.97% and a public holding of 25.02%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.48 Cr

Satisfied Charges

₹69.94 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.31 Cr
  • Industrial Investment Trust Ltd : 7.42 Cr
  • Standard Chartered Bank : 3.00 Cr
  • Industrial Development Bank Of India : 1.75 Cr
  • The Chartered Bank : 1.70 Cr
  • Others : 2.31 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2022Hdfc Bank Limited₹2.63 MOpen
13 Aug 2021Others₹0.27 MOpen
17 Dec 2019Others₹15.00 CrOpen
29 Jun 2002Fiat Sundaram Auto Finance Ltd₹0.41 MOpen
09 May 2000Housing Development Finance Corpn Ltd₹1.85 MOpen

How Many Employees Work at Hindustan Composites?

Hindustan Composites has a workforce of 337 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hindustan Composites, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hindustan Composites's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hindustan Composites

Recent activity within the organization

  • Director Appointment

    Snehal Natvarlal Muzoomdar was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 4 months 1 day .

    01 Oct 2024

  • Annual General Meeting

    Hindustan Composites Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Arvind Purohit was appointed as a Company Secretary was appointed as a Company Secretary on 27 Jun 2024 & has been associated with this company since 7 months 5 days .

    27 Jun 2024

  • Charges

    A charge registered on 20 Jun 2015 via Charge ID 10578926 with Yes Bank Limited was fully satisfied on 02 May 2024.

    02 May 2024

  • Balance Sheet

    Hindustan Composites Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Rajan Arvind Dalal was appointed as a Director was appointed as a Director on 21 Feb 2024 & has been associated with this company since 11 months 10 days .

    21 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Hindustan Composites Limited was incorporated on 01 Jul 1964.

  • The authorized share capital of Hindustan Composites Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.38 Cr.

  • Currently 9 directors are associated with Hindustan Composites Limited.

    • Vinay Raj Sarin
    • Lalit Kumar Bararia
    • Pawan Kumar Choudhary
    • Rajan Arvind Dalal
    • Snehal Natvarlal Muzoomdar
    • Deepak Sethi
    • Preeti Vimal Agrawal
    • Sunil Kumar Jindal
    • Arvind Purohit
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hindustan Composites Limited is Peninsulabusinesspark Atower8Thfloor, Senapatibapatmarg India, Lower Parel, Maharashtra, 400013.

  • The corporate identification number (CIN) of Hindustan Composites Limited is L29120MH1964PLC012955 and the company number is 012955 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hindustan Composites Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HINDCOMPOS.

  • The Official website of Hindustan Composites Limited is https://www.hindcompo.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hindustan Composites Limited has risen by 22.14%.

  • As Per 2022 financial reports, 337 employees are currently employed by Hindustan Composites Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hindustan Composites Limited has experienced an upsurge of 12.24%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Hindustan Composites Limited amount to ₹ 31.48 Cr.

  • The most recent Balance Sheet for Hindustan Composites Limited was filed with the ROC on 31 Mar 2024.

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