Haryana Leather Chemicals Ltd (HARLETH)

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Haryana Leather Chemicals Ltd (HARLETH) · mywealthgrid

About

Haryana Leather Chemicals Ltd operates in Commodity Chemicals within the Materials sector.

Face value: ₹10

Market cap

₹28 Cr

P/E

17.4×

P/B

0.6×

Dividend yield

1.8%

ROE

5.4%

ROCE

8.1%

Debt / equity

OPM

5.7%

EPS (TTM)

₹3.3

Book value

₹91.3

52-week high

—

52-week low

—

2,143 historical price candles were omitted because the exchange source has not been verified.

₹56.8-0.4%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 40.8×
+Dividend payout of 30.6% of profit

Cons

−Low return on equity of 7.6% (3-yr avg)
−Thin operating margin of 5.7%

Research score

Structured signal from quality, growth, valuation and momentum.

44/100

Business quality: 43
Growth: 14
Valuation: 75

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	40	39	36	37	35	28	39	42	44	49	51
COGS	—	-26	-24	-26	-23	18	30	31	30	33	34
Gross profit	—	—	—	—	—	10	9	12	14	16	18
	36	62	59	61	56	8	8	10	11	13	15
	4	3	2	2	2	2	1	2	3	3	3
OPM %	8.8%	7.7%	5.7%	4.4%	6.3%	6.3%	3.2%	5.2%	6.8%	5.4%	5.7%
Depreciation	1	—	1	1	1	1	1	1	1	1	1
Interest	0	0	0	0	0	0	0	0	0	0	0
	1	1	1	2	1	1	1	1	3	2	2
Profit before tax	3	3	2	1	3	2	2	3	6	3	4
Tax	1	1	0	0	1	1	1	1	1	1	1
Tax %	33.1%	32.5%	21.7%	33.8%	19.8%	26.3%	28.3%	26.5%	17.4%	31.1%	33.6%
	2	2	2	1	2	2	1	2	5	2	2
PAT margin %	5%	5.3%	4.8%	2.5%	6.5%	5.8%	3.4%	4.4%	10.4%	4.7%	4.6%
EPS (₹)	4	—	3.5	1.9	4.6	3.3	2.6	3.8	9.4	4.7	0.8
EPS adjusted (₹)	—	—	—	—	—	3.3	2.7	3.8	9.4	4.7	4.9
	19.8%	—	22.7%	43%	0%	0%	0%	26.4%	10.6%	21.3%	126.6%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	5	5	5	5	5	5
Reserves	29	30	32	36	38	40
	0	0	1	0	1	0
	5	8	5	7	7	7
Total equity & liabilities	39	43	43	48	50	52
	15	15	15	14	15	14
CWIP	0	0	0	0	0	0
Investments	0	0	0	0	0	0
	24	28	28	34	36	38
Total assets	39	43	43	48	50	52

₹ Cr	Mar 2016	Mar 2017	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	5	4	-7	10	-2	8	0	5
	-0	-1	-2	-0	-1	-0	-1	-0
	-0	-0	-0	-0	1	-1	-0	-0
Net cash flow	4	3	-8	10	-2	7	-1	4
Free cash flow	—	—	-8	10	-2	7	-1	4
CFO / Operating profit %	138.9%	125.2%	-387.5%	835.5%	-88.1%	262.3%	6.8%	161.7%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	35.1%	23.6%	27.9%	32.1%	31.9%	34.3%
EBITDA margin %	4.4%	6.3%	6.3%	3.2%	5.2%	6.8%	5.4%	5.7%
EBIT margin %	2.5%	4.2%	3.6%	1.2%	3.3%	4.8%	3.5%	3.8%
PAT margin %	2.5%	6.5%	5.8%	3.4%	4.4%	10.4%	4.7%	4.6%
Working capital
Receivable days	—	—	105	95	85	77	79	85
Inventory days	—	—	38	45	38	40	48	41
Payable days	—	—	56	66	38	51	48	40
NWC days	—	—	86	74	85	65	79	85
Leverage
Current ratio	—	—	3.13	3.94	3.36	3.96	3.84	4.87
Debt to EBITDA	—	—	0.01	0	0.28	0.09	0.27	0
Debt to equity	—	—	0	0	0.02	0.01	0.02	0
Interest coverage	33.8	32.4	55	37.8	51.6	95	42.9	40.8
Asset turnover	—	—	0.71	0.9	0.99	0.92	0.97	0.99
Return ratios
Return on assets %	—	—	4.1%	3%	4.3%	9.6%	4.6%	4.6%
Return on capital employed %	—	—	6.3%	5.3%	6.9%	14.1%	7.9%	8.1%
Return on equity %	—	—	4.7%	3.7%	5%	11.2%	5.4%	5.3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	41.57%	41.57%	41.27%	41.27%	41.27%	41.27%	41.27%	41.27%	41.27%	41.27%	41.27%	41.27%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.12%	0.12%	0.12%	0.12%	0.12%
	0%	0%	0%	0%	0%	0%	0%	0%	0.09%	0.09%	0.09%	0.09%
	58.28%	58.28%	58.58%	58.58%	58.58%	58.58%	58.58%	58.61%	58.52%	58.52%	58.52%	58.52%
No. of shareholders	—	—	—	—	—	—	—	—	3,845	3,787	3,755	3,713

Promoter holding down 0.3 percentage points since Sep 2023.

13 deals · 3 Mar 2022 – 27 Mar 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
27 Mar 2026	GOPANI R HARDIK	Bulk	BSE	Buy	67,261	₹56.95	₹0.38 Cr
27 Mar 2026	TRUPTI H GOPANI	Bulk	BSE	Sell	67,261	₹56.95	₹0.38 Cr
23 May 2024	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	BSE	Buy	42,340	₹106.10	₹0.45 Cr
23 May 2024	STOCK VERTEX VENTURES	Bulk	BSE	Sell	27,663	₹101.72	₹0.28 Cr
23 May 2024	GREEN PEAKS ENTERPRISES LLP	Bulk	BSE	Sell	25,036	₹112.41	₹0.28 Cr
23 May 2024	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	BSE	Sell	12,590	₹107.39	₹0.14 Cr
13 Sept 2022	AVNI SOHIL SANGHVI	Bulk	BSE	Sell	78,253	₹35.14	₹0.27 Cr
13 Sept 2022	NARVEER YADAV	Bulk	BSE	Buy	40,615	₹35.16	₹0.14 Cr
9 Sept 2022	AVNI SOHIL SANGHVI	Bulk	BSE	Sell	25,921	₹35.96	₹0.09 Cr
8 Sept 2022	AVNI SOHIL SANGHVI	Bulk	BSE	Sell	54,199	₹37.84	₹0.21 Cr

1–10 of 13

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. PANKAJ JAINExecutive Director-Chairperson
Mrs. SIPPY JAINExecutive Director
Mr. VIJAY KUMAR GARGNon-Executive - Non Independent Director
Mr. KANISHK GUPTANon-Executive - Independent Director
Mrs. RITU ATRINon-Executive - Independent Director
Sukanto ChoudharyChief Financial Officer
Mr. PRADEEP KUMAR VERMANon-Executive - Independent Director
Mr. CHINAR GOELNon-Executive - Independent Director
Mr. YugankCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Haryana Leather Chemicals Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

16

Final dividend11 Sept 2026 · ex-date₹1
Final dividend29 Aug 2025 · ex-date₹1
Dividend dividend20 Sept 2024 · ex-date₹1
Dividend dividend8 Sept 2023 · ex-date₹1
Final dividend16 Sept 2019 · ex-date₹0.8
Dividend dividend14 Sept 2018 · ex-date₹0.8
Final dividend15 Sept 2016 · ex-date₹0.8
Final dividend21 Sept 2015 · ex-date₹0.7
Dividend dividend11 Sept 2014 · ex-date₹0.7
Final dividend25 Jul 2013 · ex-date₹0.6
Final dividend14 Sept 2012 · ex-date₹0.6
Final dividend8 Sept 2011 · ex-date₹0.6
Final dividend8 Sept 2010 · ex-date₹0.6
Final dividend3 Sept 2009 · ex-date₹0.6
Final dividend9 Sept 2008 · ex-date₹0.5
Final dividend31 Aug 2007 · ex-date₹0.5

1

Board meeting to consider results10 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

15 announcementsExport CSV

28 Sept 2026, 12:43 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	35.1%	23.6%	27.9%	32.1%	31.9%	34.3%
EBITDA margin %	4.4%	6.3%	6.3%	3.2%	5.2%	6.8%	5.4%	5.7%
EBIT margin %	2.5%	4.2%	3.6%	1.2%	3.3%	4.8%	3.5%	3.8%
PAT margin %	2.5%	6.5%	5.8%	3.4%	4.4%	10.4%	4.7%	4.6%
Working capital
Receivable days	—	—	105	95	85	77	79	85
Inventory days	—	—	38	45	38	40	48	41
Payable days	—	—	56	66	38	51	48	40
NWC days	—	—	86	74	85	65	79	85
Leverage
Current ratio	—	—	3.13	3.94	3.36	3.96	3.84	4.87
Debt to EBITDA	—	—	0.01	0	0.28	0.09	0.27	0
Debt to equity	—	—	0	0	0.02	0.01	0.02	0
Interest coverage	33.8	32.4	55	37.8	51.6	95	42.9	40.8
Asset turnover	—	—	0.71	0.9	0.99	0.92	0.97	0.99
Return ratios
Return on assets %	—	—	4.1%	3%	4.3%	9.6%	4.6%	4.6%
Return on capital employed %	—	—	6.3%	5.3%	6.9%	14.1%	7.9%	8.1%
Return on equity %	—	—	4.7%	3.7%	5%	11.2%	5.4%	5.3%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Deepak Fertilizers And Petrochemicals Corporation LimitedDEEPAKFERTDEEPAKFERT	₹16,417 Cr	₹21,903 Cr	₹12,104 Cr	₹2,016 Cr	14.6%	₹984 Cr	6.4%	12.6%	11.3%	55
Tata Chemicals LimitedTATACHEMTATACHEM	₹15,487 Cr	₹23,488 Cr	₹15,120 Cr	₹1,711 Cr	12.4%	₹-2,165 Cr	-11.8%	2.9%	-8.9%	113
Gujarat Narmada Valley Fertilizers And Chemicals LimitedGNFCGNFC	₹8,655 Cr	₹8,655 Cr	₹8,410 Cr	₹1,241 Cr	11.3%	₹1,037 Cr	10.4%	10.6%	9.1%	81
TANFAC Industries LtdTANFACINDTANFACIND	₹6,909 Cr	₹7,002 Cr	₹711 Cr	₹112 Cr	15.8%	₹70 Cr	9.9%	27.7%	20.5%	112
Gujarat Alkalies And Chemicals LimitedGUJALKALIGUJALKALI	₹4,430 Cr	₹4,998 Cr	₹4,498 Cr	₹510 Cr	9.3%	₹66 Cr	-0.1%	1.6%	-0%	25
Grauer & Weil India LimitedGRAUWEILGRAUWEIL	₹3,709 Cr	₹3,717 Cr	₹1,134 Cr	₹188 Cr	16.6%	₹69 Cr	13.9%	23%	18%	72
Ghcl LimitedGHCLGHCL	₹3,700 Cr	₹3,762 Cr	₹3,064 Cr	₹689 Cr	22.5%	₹472 Cr	15.4%	17%	13.4%	126
J.g.chemicals LimitedJGCHEMJGCHEM	₹2,392 Cr	₹2,399 Cr	₹1,071 Cr	₹96 Cr	8.4%	₹75 Cr	7.1%	18.2%	13.3%	101
Thirumalai Chemicals LimitedTIRUMALCHMTIRUMALCHM	₹1,764 Cr	₹3,857 Cr	₹1,832 Cr	₹20 Cr	-2%	₹-152 Cr	-9.7%	-3.3%	-12.3%	14
Ig Petrochemicals LimitedIGPLIGPL	₹1,754 Cr	₹2,110 Cr	₹2,073 Cr	₹207 Cr	4.9%	₹82 Cr	0.1%	3.2%	0.2%	23
Indo Borax & Chemicals LimitedINDOBORAXINDOBORAX	₹1,507 Cr	₹1,507 Cr	₹232 Cr	₹52 Cr	20.5%	₹56 Cr	23.3%	15.5%	15.1%	110
Innovassynth Technologies (India) LtdINOVSYNTHINOVSYNTH	₹1,462 Cr	₹1,466 Cr	₹0 Cr	₹-0 Cr	—	₹-5 Cr	—	-1.1%	-12%	—

Date	Category	Subject	Filing
28 Sept 2026, 12:43 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
3 Sept 2026, 12:39 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
3 Sept 2026, 12:34 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
2 Sept 2026, 1:22 pm	AGM/EGM AGM	Letter To Shareholders ( Non Email -Id Registered) Regulation 36(1)(B) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201	PDF
2 Sept 2026, 1:15 pm	Corp. Action Book Closure	Intimation Of Book Closure Pursuant To Section 91 Of Companies Act 2013 And Regulation 42 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015	PDF
2 Sept 2026, 1:08 pm	AGM/EGM AGM	Notice Of The 41 Annual General Meeting Along With Annual Report Of The Company For The Financial Year 2025-26	PDF
2 Sept 2026, 12:59 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
26 Aug 2026, 12:04 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

Haryana Leather Chemicals Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

16

1

Announcements

16

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Haryana Leather Chemicals Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends16

Board meetings1

Announcements

Dividends16

Board meetings1

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

16

1

16

1