Hindustan Organic Chemicals
27.80
-1.22(-4.20%)
Market Cap₹186.71 Cr
PE Ratio0.40
IndustryChemicals
Company Performance:
1D-4.20%
1M-12.50%
6M-26.51%
1Y+13.56%
5Y-23.42%
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More news about Hindustan Organic Chemicals
09Sept 25
Hindustan Organic Chemicals Announces 10-Day Phenol Plant Shutdown for Maintenance
Hindustan Organic Chemicals Ltd (HOCL) will temporarily shut down its Phenol plant in Kochi, Kerala, for 10 days from September 10 to 19, 2025, for essential maintenance work on the Cumene Plant. The Hydrogen Peroxide Plant will continue normal operations. HOCL has sufficient reserve stock to meet demand, expecting no impact on sales. Operations are set to resume on September 20, 2025. The company has notified the BSE in compliance with SEBI regulations.
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16Aug 25
Hindustan Organic Chemicals Secures Rs 100 Crore Credit Facility from State Bank of India
Hindustan Organic Chemicals Limited (HOCL) has executed a loan agreement with State Bank of India (SBI) for a Rs 100 crore credit facility. The arrangement includes both fund-based and non-fund-based facilities, aimed at meeting working capital requirements and providing bank guarantee facilities. The loan is secured by a first charge on HOCL's current assets. This agreement is expected to enhance HOCL's operational capabilities and financial flexibility.
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13Aug 25
HOCL Reports Q1 Loss, Approves Cost Auditors and Sets AGM Date
Hindustan Organic Chemicals Limited (HOCL) reported a standalone net loss of Rs. 3,556.33 lakhs for Q1 FY2026, compared to a profit of Rs. 39,154.13 lakhs in Q1 FY2025. Revenue from operations decreased by 56.55% to Rs. 5,936.41 lakhs. The company's board made several decisions, including re-appointing cost auditors, appointing secretarial auditors, scheduling the 64th AGM for September 26, 2025, and approving a paid-up capital reduction.
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28Jul 25
Supreme Court Orders HOCL to Pay Rs. 43.50 Cr in 25-Year-Old Rent Dispute
Hindustan Organic Chemicals Limited (HOCL) must pay approximately Rs. 43.50 crores to settle a long-standing rent dispute with its landlord, M/s. Harchandrai & Sons, following a Supreme Court ruling. The court ordered HOCL to pay outstanding rent with 6% simple interest per annum. HOCL plans to seek legal advice from the Department of Legal Affairs through its administrative ministry. The company states this will not impact its operations but will explore further actions. HOCL has disclosed this information to BSE Limited under SEBI regulations.
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28Jul 25
Supreme Court Orders HOCL to Pay Rs. 43.50 Cr in 25-Year-Old Rent Dispute
Hindustan Organic Chemicals Limited (HOCL) has been directed by the Supreme Court of India to settle a 25-year landlord-tenant dispute. The court order requires HOCL to pay disputed rent with 6% simple interest per annum to its former landlord, M/s. Harchandrai & Sons, for office premises in Mumbai. The financial implication is approximately Rs. 43.50 crores. HOCL will seek legal advice from the government and has assured no impact on its operations. The company has informed the BSE as per SEBI regulations.
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24Mar 25
Hindustan Organic Chemicals Receives Rs 1,351.38 Crore Government Dues Waiver
The Indian government has approved a financial relief measure for Hindustan Organic Chemicals Limited (HOCL), waiving outstanding dues of Rs 1,351.38 crore. This amount significantly exceeds HOCL's current total assets of Rs 1,569.40 crore. The waiver is expected to substantially improve HOCL's balance sheet, enhance financial flexibility, boost investor confidence, and allow management to focus on operational improvements and strategic initiatives.
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22Mar 25
Hindustan Organic Chemicals Gets Rs 1,351.38 Crore Government Dues Waiver, Boosting Financial Outlook
The Indian government has approved a waiver of Rs 1,351.38 crores in dues for Hindustan Organic Chemicals Limited (HOCL). This waiver, effective September 30, 2024, includes government loans, interest, preference shares, and associated penalties. The decision is expected to significantly improve HOCL's financial position by reducing its liability burden and potentially transforming its balance sheet structure. This move could lead to an improved debt-to-equity ratio, enhanced financial flexibility, and increased market confidence for the company.
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1 Year Returns:+13.56%
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