Hindustan Composites Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results in their meeting held on February 12, 2026, along with other key corporate decisions.

Financial Performance Overview

The company demonstrated strong revenue growth in Q3FY26, with revenue from operations reaching ₹9,451 lakhs compared to ₹8,183 lakhs in the corresponding quarter of the previous year. However, net profit after tax declined to ₹667 lakhs from ₹1,097 lakhs in Q3FY25.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company maintained its growth trajectory with revenue from operations of ₹27,017 lakhs against ₹23,593 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹1,941 lakhs compared to ₹2,893 lakhs in the previous year.

Segment-wise Performance

The company operates across three main segments: Composite Products, Investment, and Trading in Commodity. Composite Products remained the largest revenue contributor with ₹8,138 lakhs in Q3FY26 compared to ₹7,117 lakhs in Q3FY25. The Investment segment generated ₹824 lakhs versus ₹1,066 lakhs in the previous year, while Trading in Commodity contributed ₹489 lakhs in the current quarter.

Exceptional Items Impact

The company reported exceptional items worth ₹291 lakhs in Q3FY26, related to the implementation of New Labour Codes effective November 21, 2025. This legislative change resulted in increased provision for employee benefits arising from past service cost, which was recognized immediately in the profit and loss statement under Ind AS 19.

Corporate Governance Updates

The Board re-appointed M/s. S M M P & Company, Chartered Accountants as Internal Auditors for the financial year 2026-27. The firm, established in 1982, brings extensive experience in statutory audits, internal audits, risk advisory, and various compliance matters with a team strength of 100 professionals including 25 Chartered Accountants.

The financial results were reviewed by the Audit Committee and received a limited review from the company's statutory auditors, Lodha & Co. LLP.

Hindustan Composites , a leading manufacturer of composite products, has announced its financial results for the first quarter, showing significant growth in revenue despite a slight dip in profitability. The company has also made key appointments and decisions in its recent board meeting.

Financial Highlights

• Revenue from operations increased by 12.9% to Rs 87.08 crore, compared to Rs 77.15 crore in the same quarter of the previous year.
• Net profit after tax stood at Rs 7.46 crore, down from Rs 8.67 crore in the corresponding quarter last year.
• Earnings per share (EPS) decreased to Rs 5.05 from Rs 5.87 year-over-year.

Segment-wise Performance

The company's financial results reveal strong performance in its core business segments:

Key Board Decisions

In a recent board meeting, Hindustan Composites made several important decisions:

1. Appointment of Secretarial Auditors: The board approved the appointment of M/s. MR & Associates as Secretarial Auditors for a five-year term, subject to shareholder approval at the upcoming 61st Annual General Meeting (AGM).

2. New Senior Management Personnel: Mr. Vimal Kiritkumar Desai was appointed as Senior Management Personnel in the role of GM-Purchase. Mr. Desai brings over 23 years of expertise in procurement, business strategy, and supply chain management.

3. Dividend Payment: The board announced that the dividend, if approved at the AGM, will be paid between October 1-15.

Management Commentary

While the company did not provide specific management comments in the released documents, the financial results indicate a focus on revenue growth and operational expansion. The appointment of new senior personnel and secretarial auditors suggests a commitment to strengthening corporate governance and operational efficiency.

Looking Ahead

Hindustan Composites' strong revenue growth demonstrates the company's resilience and market position. However, the decrease in net profit and EPS indicates potential challenges, possibly related to increased costs or market pressures. Investors and stakeholders will likely be watching closely to see how the company addresses these challenges and capitalizes on its revenue growth in the coming quarters.

The upcoming AGM will be a key event for shareholders, with important decisions on dividend payments and the appointment of new auditors on the agenda. As Hindustan Composites continues to navigate the dynamic market environment, its strategic appointments and focus on core business segments may play crucial roles in shaping its future performance.