HINDCOMPOSBSEHINDUSTAN COMPOSITES LTD.HighPositive
Announced Thu, 23 Jul · 18:26 IST

Q1 FY27 results, 370 cr Friction biz sale to Rane, dividend window

Corporate Actions View source PDF

HINDCOMPOS · price

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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: standalone revenue from operations Rs 20.05 cr (vs Rs 14.62 cr YoY), combined PAT Rs 8.68 cr, EPS Rs 5.88. Friction Business shown as discontinued ops after 370 Crore slump sale to Rane Madras. New secretarial auditor R M Mimani appointed for 5 years. FY26 dividend payout scheduled Oct 1 to Oct 15, 2026 pending AGM.

Likely market impact

Friction biz sale to Rane Madras reshapes company into investment and trading focus; FY26 dividend to be paid by mid October.