Haryana Leather

Who are in the management team of Haryana Leather?

As of March 2022, the management team of Haryana Leather includes N K Jain (Chairman), Pankaj Jain (Vice Chairman & Managing Director), and several independent directors, including K S V Menon, Massimo Medini, Pradeep Behl, Sippy Jain, Marco Medini, and Kanishk Gupta, along with Company Secretary Silu Nanda. This diverse team oversees the company's governance and strategic direction.

As of March 2022, the management team of Haryana Leather includes the following individuals:<BR><BR>1. N K Jain - Chairman (Non-Executive)<BR>2. V K Garg - Director<BR>3. K S V Menon - Independent Director<BR>4. Massimo Medini - Independent Director<BR>5. Pradeep Behl - Independent Director<BR>6. Pankaj Jain - Vice Chairman & Managing Director<BR>7. Silu Nanda - Company Secretary & Compliance Officer<BR>8. Sippy Jain - Director<BR>9. Marco Medini - Independent Director<BR>10. Kanishk Gupta - Independent Director<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and strategic direction of the company.

Has Haryana Leather declared dividend?

Yes, Haryana Leather Chemicals Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 20, 2024. Recent performance shows mixed results, with negative returns in the short term but strong growth over longer periods.

Haryana Leather Chemicals Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 1.33%.<BR><BR>Total Returns by Period:<BR>Over the last 6 months, the price return was -18.85%, the dividend return was 0%, resulting in a total return of -18.85%.<BR><BR>In the past year, the price return was -21.47%, the dividend return was 0.93%, leading to a total return of -20.54%.<BR><BR>Over a 2-year period, the price return was 67.79%, with a dividend return of 4.75%, culminating in a total return of 72.54%.<BR><BR>In the last 3 years, the price return was 85.73%, the dividend return was 5.57%, resulting in a total return of 91.3%.<BR><BR>For the 4-year period, the price return was 70.14%, the dividend return was 5.24%, leading to a total return of 75.38%.<BR><BR>Over the last 5 years, the price return was 288.24%, with a dividend return of 7.69%, resulting in a total return of 295.93%.<BR><BR>Overall, while Haryana Leather has declared a dividend, recent performance shows mixed results, with negative returns in the short term but significantly positive returns over longer periods, indicating potential growth despite recent challenges.

Who are the peers of the Haryana Leather?

Haryana Leather's peers include Tata Chemicals, Chemplast Sanmar, GHCL, India Glycols, and others. In terms of management risk, GHCL and Chemplast Sanmar are excellent, while Haryana Leather has average risk; India Glycols leads in 1-year returns at 150.92%, while Haryana Leather's return is -15.67%.

Peers: The peers of Haryana Leather are Tata Chemicals, Chemplast Sanmar, GHCL, India Glycols, Fischer Medical, Ritesh Intl., Deco-Mica, Sonal Adhesives, and TCM.<BR><BR>Quality Snapshot: Excellent management risk is observed at GHCL and Chemplast Sanmar, while Average management risk is found at Tata Chemicals, India Glycols, Ritesh Intl., Deco-Mica, Sonal Adhesives, and Haryana Leather, and the rest. Below Average management risk is present at Fischer Medical and TCM. Growth is Good at Ritesh Intl., while Below Average growth is noted at Tata Chemicals, Chemplast Sanmar, GHCL, India Glycols, Deco-Mica, and the rest. Average growth is seen at Fischer Medical and Sonal Adhesives, while TCM has Below Average growth. Capital Structure is Excellent at GHCL, Good at Fischer Medical and Haryana Leather, Average at Tata Chemicals and Ritesh Intl., and Below Average at Chemplast Sanmar, India Glycols, Deco-Mica, Sonal Adhesives, and TCM.<BR><BR>Return Snapshot: The peer with the highest 1-year return is India Glycols at 150.92%, while the lowest is Tata Chemicals at -14.59%. Haryana Leather's 1-year return is -15.67%, which is lower than Tata Chemicals. Additionally, the peers with negative six-month returns include Tata Chemicals, Chemplast Sanmar, Deco-Mica, Sonal Adhesives, TCM, and Vinyoflex.

What is the technical trend for Haryana Leather?

As of May 12, 2025, Haryana Leather's technical trend is mildly bearish, influenced by daily moving averages and mixed signals from MACD and KST, despite some bullish indicators on the weekly Bollinger Bands.

As of 12 May 2025, the technical trend for Haryana Leather has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD indicates a mildly bearish stance. The daily moving averages reflect a mildly bearish trend, while the weekly Bollinger Bands are bullish, contrasting with the monthly which is mildly bearish. The KST shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly. Dow Theory presents a mildly bearish view on the weekly and a mildly bullish view on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from MACD and KST.

What does Haryana Leather do?

Haryana Leather Chemicals Ltd is a micro-cap company in the commodity chemicals industry, specializing in various chemicals and coatings. As of March 2025, it reported net sales of 134 Cr and a net profit of 4 Cr, with a market cap of INR 35 Cr.

Overview:<BR>Haryana Leather Chemicals Ltd is a micro-cap company operating in the commodity chemicals industry, specializing in a wide range of chemicals, coatings, and dispersions.<BR><BR>History:<BR>The company was incorporated on January 22, 1985, as an Indo-Italian Joint Venture with ICAP-SIRA, Italy. It commenced its business on April 22, 1985. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 134 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 4 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 35 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 17.00 <BR>Industry P/E: 47 <BR>Dividend Yield: 1.43% <BR>Debt Equity: -0.16 <BR>Return on Equity: 4.77% <BR>Price to Book: 0.80 <BR><BR>Contact Details:<BR>Address: 72-77 HSIDC Industrial Estate, Hansi Road Jind Haryana : 126102 <BR>Tel: 91-1681-225662/226645 <BR>Email: info@leatherchem.com <BR>Website: http://www.leatherchem.com

Who are the top shareholders of the Haryana Leather?

The top shareholders of Haryana Leather include Icap Sira Chemicals & Polymers Spa with 15.66%, public shareholder Sangeetha S at 5.1%, and individual investors holding 51.7%. There are no pledged promoter holdings or foreign institutional investors, and mutual funds hold a minor stake of 0.08%.

The top shareholders of Haryana Leather include Icap Sira Chemicals & Polymers Spa, which holds the largest stake at 15.66%. The highest public shareholder is Sangeetha S, with a holding of 5.1%. Additionally, individual investors collectively hold a significant portion of 51.7%. The company does not have any pledged promoter holdings, and there are no foreign institutional investors involved. Mutual funds hold a small stake through two schemes, accounting for 0.08%.

How big is Haryana Leather?

As of 24th July, Haryana Leather Chemicals Ltd has a market capitalization of 33.00 Cr, with Net Sales of 49.03 Cr and a Net Profit of 1.81 Cr for the latest four quarters. Shareholder's Funds were 41.11 Cr, and Total Assets amounted to 48.21 Cr as of March 2024.

As of 24th July, Haryana Leather Chemicals Ltd has a market capitalization of 33.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 49.03 Cr and a Net Profit of 1.81 Cr.<BR><BR>As of March 2024, the Shareholder's Funds were 41.11 Cr, and the Total Assets amounted to 48.21 Cr.

When is the next results date for Haryana Leather?

The next results date for Haryana Leather is 13 November 2025.

The next results date for Haryana Leather is scheduled for 13 November 2025.

Is Haryana Leather overvalued or undervalued?

As of November 7, 2025, Haryana Leather is considered very expensive and overvalued with a PE Ratio of 17.64, underperforming the Sensex with a return of -18.83%, especially when compared to peers like Solar Industries and Gujarat Fluoroch, which have much higher PE Ratios.

As of 7 November 2025, Haryana Leather's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 17.64, an EV to EBITDA of 9.75, and a Price to Book Value of 0.88, which suggest that the stock is priced high relative to its earnings and book value.<BR><BR>In comparison to its peers, Haryana Leather's PE Ratio is notably lower than Solar Industries at 97.45 and Gujarat Fluoroch at 63.86, both of which are also classified as very expensive. However, it is important to note that Godrej Industries, rated as attractive, has a PE Ratio of 35.95, highlighting that Haryana Leather's valuation is not justified when compared to more reasonably priced competitors. The stock has underperformed against the Sensex over the past year, with a return of -18.83% compared to the Sensex's 4.62%, reinforcing the view that it is overvalued.

How has been the historical performance of Haryana Leather?

Haryana Leather's historical performance shows steady growth in net sales and total assets, increasing from INR 27.84 crore in March 2021 to INR 49.03 crore in March 2025. However, profitability metrics have declined, with profit after tax dropping from INR 4.62 crore in March 2024 to INR 2.30 crore in March 2025.

Answer:<BR>The historical performance of Haryana Leather shows a mixed trend in financial metrics over the years.<BR><BR>Breakdown:<BR>Haryana Leather's net sales have shown a steady increase from INR 27.84 crore in March 2021 to INR 49.03 crore in March 2025, reflecting a positive growth trajectory. Total operating income also rose from INR 27.84 crore in March 2021 to INR 49.04 crore in March 2025. However, the total expenditure has increased significantly, from INR 26.07 crore in March 2021 to INR 46.41 crore in March 2025, impacting the operating profit, which decreased from INR 5.18 crore in March 2024 to INR 2.63 crore in March 2025. Profit before tax followed a similar trend, peaking at INR 5.64 crore in March 2024 before dropping to INR 3.34 crore in March 2025. Consequently, profit after tax also declined from INR 4.62 crore in March 2024 to INR 2.30 crore in March 2025. The company's total assets increased from INR 38.97 crore in March 2021 to INR 50.42 crore in March 2025, while total liabilities rose from INR 38.97 crore to INR 50.42 crore in the same period. Cash flow from operating activities has fluctuated, with a notable decrease to INR 0.00 crore in March 2025, compared to INR 7.00 crore in March 2024. Overall, while Haryana Leather has experienced growth in sales and assets, profitability metrics have shown volatility, particularly in the most recent fiscal year.

Are Haryana Leather Chemicals Ltd latest results good or bad?

Haryana Leather Chemicals Ltd's latest results show strong revenue growth with a 24.96% QoQ increase in net sales, but profitability is concerning, as net profit dropped 31.58% QoQ and profit margins contracted significantly, indicating challenges in cost management. Overall, while sales are up, the decline in profit raises concerns about financial sustainability.

Haryana Leather Chemicals Ltd's latest results present a mixed picture. On one hand, the company achieved significant revenue growth, with net sales rising by 24.96% quarter-on-quarter (QoQ) to ₹14.72 crores, marking the highest quarterly sales in its recent history. This growth is also reflected in a 9.69% year-on-year (YoY) increase.<BR><BR>However, the profitability metrics are concerning. The net profit for Q4 FY26 dropped sharply by 31.58% QoQ to ₹0.39 crores, despite a slight 2.50% YoY improvement. The profit after tax (PAT) margin contracted to 2.65%, down from 4.84% in the previous quarter, indicating operational inefficiencies and challenges in cost management.<BR><BR>Overall, while the revenue growth is a positive sign, the significant decline in profit and margins suggests that the company is struggling to convert its top-line expansion into bottom-line growth. This ongoing profitability erosion raises concerns about the sustainability of its financial performance.

Should I buy, sell or hold Haryana Leather Chemicals Ltd?

Why is Haryana Leather Chemicals Ltd falling/rising?

As of 02-Jun, Haryana Leather Chemicals Ltd's stock price is at 66.40, reflecting a 2.09% increase and strong performance compared to its sector. The stock has shown positive momentum with a year-to-date return of +7.43%, despite high volatility today.

As of 02-Jun, Haryana Leather Chemicals Ltd's stock price is rising, currently at 66.40, reflecting an increase of 1.36 or 2.09%. The stock has shown strong performance today, outperforming its sector by 5.81%. It opened with a significant gain of 15.3%, reaching an intraday high of Rs 74.99. This upward movement is supported by a notable increase in investor participation, with delivery volume rising by 65.42% compared to the 5-day average. <BR><BR>Additionally, the stock has performed well over the past week, with a return of +2.00%, while the benchmark Sensex has declined by 1.79%. Year-to-date, Haryana Leather Chemicals Ltd has achieved a return of +7.43%, contrasting with the Sensex's decline of 12.40%. Although the stock has experienced high volatility today, with an intraday volatility of 6.35%, the overall trend indicates a positive momentum, contributing to the rise in its stock price.

Which are the latest news on Haryana Leather?