Haryana Leather

Why is Haryana Leather Chemicals Ltd falling/rising?

As of 11-Aug, Haryana Leather Chemicals Ltd's stock price is at Rs 61.59, down 4.88%, and underperforming the sector. The stock is in a bearish trend, trading below all key moving averages, with a year-to-date decline of 0.36% compared to an 8.29% drop in the Sensex.

As of 11-Aug, Haryana Leather Chemicals Ltd's stock price is falling, currently at Rs 61.59, which reflects a decrease of Rs 3.16 or 4.88%. This decline is evident in the stock's performance today, where it underperformed the sector by 4.83%. The stock reached an intraday low of Rs 61.1, marking a drop of 5.64%. <BR><BR>In terms of moving averages, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, despite a significant increase in delivery volume by 243.84% against the 5-day average, the overall performance over the past week shows a decline of 3.16%, while the benchmark Sensex only fell by 0.35%. <BR><BR>Year-to-date, Haryana Leather Chemicals Ltd has seen a slight decline of 0.36%, contrasting with a more substantial drop of 8.29% in the Sensex. Over the past year, the stock has decreased by 10.04%, while the Sensex has only fallen by 3.04%. These figures suggest that the stock is experiencing a downward trend relative to both its historical performance and the broader market.

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

Which are the latest news on Haryana Leather?

How big is Haryana Leather?

As of 10th June, Haryana Leather Chemicals Ltd has a market capitalization of 33.00 Cr, with recent net sales of 51.35 Cr and a net profit of 1.88 Cr. The company reported shareholder's funds of 42.92 Cr and total assets of 50.42 Cr for the annual period ending March 2025.

As of 10th June, Haryana Leather Chemicals Ltd has a market capitalization of 33.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Haryana Leather reported Net Sales of 51.35 Cr and a Net Profit of 1.88 Cr.<BR><BR>For the latest annual period ending March 2025, the company had Shareholder's Funds of 42.92 Cr and Total Assets amounting to 50.42 Cr.

Who are in the management team of Haryana Leather?

The management team of Haryana Leather includes N K Jain (Chairman), Pankaj Jain (Vice Chairman & Managing Director), and several independent directors: K S V Menon, Massimo Medini, Pradeep Behl, Sippy Jain, and Marco Medini, along with company secretary Silu Nanda.

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>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Haryana Leather?

Haryana Leather's peers include Ritesh Intl., Shreyas Interm., Camex, TCM, Venlon Enterprises, Sonal Adhesives, Advance Petrochemicals, and Vinyoflex. Ritesh Intl. has the highest 1-year return at 24.60%, while Haryana Leather's return is -10.59%, better than Shreyas Interm.'s -35.93%.

Peers: The peers of Haryana Leather are Ritesh Intl., Shreyas Interm., Camex, TCM, Venlon Enterpris, Sonal Adhesives, Advance Petroch., and Vinyoflex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ritesh Intl. and Haryana Leather, while Average management risk is found at Sonal Adhesives, Advance Petroch., and Vinyoflex, and the rest. Below Average management risk is noted at Shreyas Interm., Camex, TCM, and Venlon Enterpris, and the rest. Growth is Good at Sonal Adhesives, Average at Ritesh Intl., Shreyas Interm., Venlon Enterpris, and the rest, and Below Average at Haryana Leather, Camex, TCM, Advance Petroch., and Vinyoflex. Capital Structure is Good at Camex, Haryana Leather, and Vinyoflex, while Below Average is seen at Shreyas Interm., TCM, Venlon Enterpris, Sonal Adhesives, and Advance Petroch.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ritesh Intl. at 24.60%, while the peer with the lowest is Shreyas Interm. at -35.93%. Haryana Leather's 1-year return of -10.59% is better than Shreyas Interm. but worse than Ritesh Intl. Additionally, Venlon Enterpris, Sonal Adhesives, and Shreyas Interm. have negative six-month returns.

What does Haryana Leather do?

Haryana Leather Chemicals Ltd produces a variety of chemicals, coatings, and dispersions in the commodity chemicals industry. As of March 2026, it reported net sales of 15 Cr and a market cap of INR 33 Cr.

Overview:<BR>Haryana Leather Chemicals Ltd operates in the commodity chemicals industry, focusing on the production of a wide range of chemicals, coatings, and dispersions.<BR><BR>History:<BR>The company was incorporated on 22 January 1985 as an Indo-Italian Joint Venture with ICAP-SIRA, Italy. It commenced its business on 22 April 1985. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 15 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 33 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 15.00<BR>- Industry P/E: 42<BR>- Dividend Yield: 1.49%<BR>- Debt Equity: -0.23<BR>- Return on Equity: 4.55%<BR>- Price to Book: 0.73<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

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.

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.

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.

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.

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%.

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.

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.