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Hipolin Ltd (530853)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530853 NSE: Detergents & Soaps | Small Cap | Hipolin Share Price

₹87.36 0.00 (0.00%)

As on 03-Jun'26 16:59

Hipolin Ltd (530853)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530853 NSE: Detergents & Soaps | Small Cap | Hipolin Share Price

₹87.36 0.00 (0.00%)

As on 03-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹27 Cr.
Current Price
₹87.4
52-Week Low / High
₹45 / 119
TTM EPS
₹-2.5
TTM Sales
₹14.2 Cr.
Book Value per Share
₹23.6
P/E Ratio
0.00
Industry PE
18.8
Price to Book (P/B)
3.70
Higher than its 5-year historical median
Price to Sales (P/S)
1.93
Higher than its 5-year historical median
EV/EBITDA
-447.68
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-33.50%
Underperforms industry median
Return on Capital Employed (ROCE)
-24.74%
Underperforms industry median
Return on Assets (ROA)
-22.40%
Operating Profit Margin
-15.3%
Net Profit Margin
-15.2%
Gross Profit Margin
-14.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
9.28%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
60.22%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹4 Cr.
Equity
₹3.1 Cr.
Face Value
₹10
All Time Low / High
₹5.45 / 227.10

Hipolin stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Hipolin Ltd a good quality company?
Hipolin Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Hipolin Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Hipolin Ltd vs industry peers?
Hipolin Ltd revenue CAGR is 9.21%, compared to the industry median CAGR of 9.21%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Hipolin Ltd?
Promoters hold 60.22% of the Hipolin Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Hipolin Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 10.5% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Hipolin Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -4.3%-8%-11.5%-10.5%6.1%-7.2%-14%81.4%-6%-24.7%-
Value Creation
Index
-1.3-1.6-1.8-1.8-0.6-1.5-2.04.8-1.4-2.8-

Growth Parameters

Sales 15.413.216.916.613.911.112.215.619.721.614
Sales YoY Gr.--13.9%27.6%-1.7%-16.4%-19.9%9.9%27.3%26.8%9.3%-
Adj EPS -1.9-2-3.1-2.3-0.4-1.7-3.15.2-2.8-10.5-2.5
YoY Gr.-NANANANANANANA-154.1%NA-
BVPS (₹) 26.224.321.31919.718.11539.336.52623.6
Adj Net
Profit
-0.6-0.6-1-0.7-0.1-0.5-11.6-0.9-3.3-1
Cash Flow from Ops. 0.80.70.10.1-0.5-1.33.2-5-1.6-3.2-
Debt/CF from Ops. 1.81.53.34-0-1.20.3-0.2-1.3-0.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 3.8%9.2%20.8%9.3%
Adj EPS NANANANA
BVPS-0.1%5.7%20.3%-28.7%
Share Price 9.6% 20.8% 5.2% -3.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-7-8-13.5-11.5-2.3-8.8-18.819.3-7.5-33.5-9.9
Op. Profit
Mgn %
-2.3-4.3-4.7-3.4-0.7-5.1-8.9-7.7-6-15.3-5.4
Net Profit
Mgn %
-3.9-4.8-5.7-4.4-1-4.7-7.910.5-4.5-15.2-5.4
Debt to
Equity
0.20.10.10.100.30.20.10.20.40
Working Cap
Days
17116911511210614912510712912735
Cash Conv.
Cycle
79533332366055414247-3

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales15.3813.2416.8916.6013.8811.1212.2215.5619.7321.56
Operating Expenses + 15.7413.8017.6817.1513.9711.7013.3116.7520.9224.87
Manufacturing Costs1.371.222.512.482.682.022.282.734.025.08
Material Costs108.519.518.967.616.778.1310.1611.9712.64
Employee Cost 1.641.622.342.361.841.721.471.471.722.12
Other Costs 2.732.463.333.361.841.191.432.403.215.03
Operating Profit -0.36-0.56-0.79-0.56-0.09-0.58-1.09-1.20-1.19-3.31
Operating Profit Margin (%) -2.3%-4.2%-4.7%-3.4%-0.7%-5.2%-8.9%-7.7%-6.0%-15.3%
Other Income + 0.270.140.140.150.730.300.240.400.480.37
Exceptional Items 00000008.5600
Interest 0.170.100.050.030.020.040.060.050.090.25
Depreciation 0.360.310.250.290.270.210.060.080.090.09
Profit Before Tax -0.61-0.83-0.95-0.720.36-0.52-0.977.63-0.89-3.28
Tax -0.02-0.23000.1200000
Profit After Tax -0.59-0.60-0.95-0.720.24-0.52-0.977.63-0.89-3.28
PAT Margin (%) -3.8%-4.6%-5.6%-4.4%1.7%-4.7%-8.0%49.0%-4.5%-15.2%
Adjusted EPS (₹)-1.9-1.9-3.0-2.30.8-1.7-3.124.4-2.8-10.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Hipolin - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 8.217.616.665.946.175.664.6912.3111.428.14
Share Capital 3.133.133.133.133.133.133.133.133.133.13
Reserves 5.084.483.532.803.042.531.559.188.295.01
Debt +1.200.760.320.2901.561.100.762.082.87
Long Term Debt0.300.060.040.02000000.75
Short Term Debt0.900.700.280.2601.561.100.762.082.12
Minority Interest0000000000
Trade Payables0.350.561.541.020.721.030.581.202.271.49
Others Liabilities 0.790.600.460.510.490.404.200.580.500.48
Total Liabilities 10.559.538.987.767.388.6510.5714.8616.2812.98

Fixed Assets

Net Fixed Assets +2.432.122.051.791.411.211.030.950.960.89
Gross Block5.382.442.592.622.412.361.471.351.451.48
Accumulated Depreciation2.950.310.540.8311.150.430.400.490.59
CWIP 0000000.25000
Investments 0.580.290.230.210.250.173.387.497.294.67
Inventories0.650.631.311.151.241.070.511.101.251.28
Trade Receivables1.711.882.181.831.042.031.5923.593.03
Cash Equivalents 1.021.070.410.191.9222.810.360.160.28
Others Assets 4.153.532.792.591.522.170.982.973.042.82
Total Assets 10.559.538.987.767.388.6510.5714.8616.2812.98

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.830.650.120.08-0.53-1.263.20-5.03-1.61-3.18
PBT -0.61-0.83-0.95-0.720.36-0.52-0.977.63-0.89-3.28
Adjustment 0.440.260.181.31-0.38-0.02-0.12-8.62-00.16
Changes in Working Capital 11.180.9-0.49-0.39-0.724.24-4.04-0.72-0.06
Tax Paid 00.050-0.01-0.1200.05000
Cash Flow From Investing Activity + -0.060.39-0.020.140.79-0.56-2.595.330.442.76
Capex -0.16-0-0.17-0.030.64-0.01-0.148.82-0.10-0.03
Net Investments 0.010.290.060.03-0.04-0.830.52-2.870.362.61
Others 0.080.100.090.140.190.28-2.97-0.610.180.18
Cash Flow From Financing Activity + -0.84-0.52-0.61-0.13-0.051.51-0.52-0.391.230.54
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.11-0.27-0.16-0.10-0.02-0.020000
Interest Paid -0.17-0.05-0.02-0.03-0.02-0.04-0.06-0.05-0.09-0.25
Dividend Paid 0000000000
Others -0.56-0.21-0.42001.56-0.46-0.341.320.79
Net Cash Flow -0.060.52-0.500.090.22-0.310.09-0.090.060.12

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-6.89-7.62-13.33-11.493.95-8.75-18.7989.76-7.46-33.5
ROCE (%)-4.31-8.03-11.48-10.456.07-7.19-14.0481.44-6-24.74
Asset Turnover Ratio1.351.352.122.312.141.391.271.221.271.47
PAT to CFO Conversion(x)N/AN/AN/AN/A-2.21N/AN/A-0.66N/AN/A
Working Capital Days
Receivable Days71.1048.4037.8037.9032.4050.3054.1042.2051.7056.10
Inventory Days21.7017.3018.1023.2026.903823.7018.9021.7021.40
Payable Days19.8019.3040.2052.2041.7047.1036.10325354.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *25.4338.5438.8538.9939.9839.7640.130.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Hipolin Ltd FAQs

The current trading price of Hipolin on 03-Jun-2026 16:59 is ₹87.36.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Jun-2026 the market cap of Hipolin stood at ₹27.36 Cr

The latest P/E ratio of Hipolin as of 02-Jun-2026 is 0.00.

The latest P/B ratio of Hipolin as of 02-Jun-2026 is 3.70.

The 52-week high of Hipolin is ₹118.7 and the 52-week low is ₹44.83.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hipolin is ₹14.15 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Hipolin Ltd is a below average quality company.

The key valuation ratios of Hipolin Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hipolin Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Hipolin Ltd

Hipolin was established in 1970 and went public in 1994. Hipolin (HIPOLIN) is engaged in generation of electricity through wind farms. Hipolin is one of the largest manufacturer of detergent products and cosmetics in India and holds good position having more than 300 distributors all over India in the domestic market of the country.

The company has maintained a marginal reputation in the market by the production of quality-approved products. Along with that, the company is one of the familiar exporters of the country in the same field.

The company is having the capacity of manufacturing the detergents and cosmetics in buyers approved brand name and also manufacture the products as per buyer's desired specification and packing. The company is also manufacturing detergent powder in loose foam for industrial purpose and high foam for domestic use.

The quality and packing can be matched with the European market and taste.

The two factories are located in the Ahmedabad district of Gujarat with installed capacities of 2,400 MTPA toothpaste and 600 MTPA shaving cream. The company sells its products through a network of over 700 agents and distributors spread across India. Major export destinations include Russia, Ukraine, UAE and Africa.

The registered office of the company is located at A/1/1, Nilkanth Industrial Estate, Sanand - Viramgam Highway, Virochannagar-382170, Gujarat.

Product range of the company:

The company is mainly into detergent products and cosmetics  while its other products include toothpaste, soap, mint, fluoride, baking soda, toothbrush, conditioners, shampoo, liquid blue, salt, and talcum powder. It markets its products under the brand name Hipolin.

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