Announced Thu, 23 Jul · 18:30 IST
Hind Composites Q1 results, secretarial auditor recommended
Management Changes View source PDF
HINDCOMPOS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹452.00
prior close
₹436.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-0.6—-0.3-5.8—————————
Up moveDown movePending
AI summary
Board approved Q1 FY27 results. Revenue from continuing ops rose to Rs 20.05 Cr from Rs 14.62 Cr YoY. Total PAT at Rs 8.68 Cr versus Rs 7.46 Cr. Recommended M/s R M Mimani and Associates as Secretarial Auditors for 5 years (FY27 to FY31), subject to AGM approval on 29 Sep. Disclosed Rs 370 Cr Friction Business slump sale to Rane (Madras) classified as discontinued ops. FY26 dividend to be paid between 1 and 15 Oct 2026.
Likely market impact
Positive - revenue and profit growth on continued and discontinued ops. New secretarial auditor is routine. Major Rs 370 Cr divestment pending shareholder approval.