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Haryana Leather Chemicals Ltd (524080)

📊 BSE: 524080 🏢 Commodity Chemicals 📢 Latest filing: 10 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Haryana Leather's revenue was ₹14.7 Cr (+24.8% year on year, -0.5% on the previous quarter), and net profit ₹0.0 Cr (-95.8% year on year); the operating margin was -2.1%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹14.7	+24.8%	-0.5%
Operating profit	₹-0.3	to loss	to loss
Net profit	₹0.0	-95.8%	-92.0%
EPS (₹)	0.06	-96.0%	-92.4%
Operating margin	-2.1%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

₹1 Final Dividend: Haryana Leather Chemicals Sets Sep 14 as Record Date for 41st AGM

🟢 POSITIVE ⭐ 5/10

DIVIDEND 📅 10 Aug 2026, 01:30 PM

Haryana Leather Chemicals has scheduled its 41st Annual General Meeting (AGM) for September 26, 2026. The company has fixed September 14, 2026, as the record date for a final dividend of ₹1 per equity share for FY 2025-26. At the current market price of ₹61.5, this represents a dividend yield of approximately 1.63%. The dividend payout is supported by a stable FY26 PAT of ₹2.38 crore and a very low debt-to-equity ratio of 0.02.

Final dividend of ₹1 per equity share (10% of face value) recommended for FY 2025-26.
Record date for dividend eligibility fixed as September 14, 2026.
41st Annual General Meeting (AGM) scheduled for September 26, 2026.
Dividend payment to be processed within 30 days of shareholder approval at the AGM.
Dividend yield stands at approximately 1.63% based on the current price of ₹61.5.

💡 Investors should note the record date of September 14, 2026, to be eligible for the dividend. The AGM may provide further insights into the company's joint venture with ICAP Sira, Italy, and its strategy to improve operating margins from the current 5.7%.

HLCL Board approves continuation of Mr. Pankaj Jain as MD beyond age 70

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 10 Aug 2026, 01:26 PM

The Board of Haryana Leather Chemicals Ltd (HLCL) has approved the continuation of Mr. Pankaj Jain as Chairman & Managing Director after he reaches 70 years of age. Mr. Jain, who has led the company since February 2013, will remain in his role subject to shareholder approval via a Special Resolution at the next AGM. HLCL is a small-cap entity with a market capitalization of Rs 30 Cr and FY26 revenue of Rs 51.4 Cr. This move signals management stability but highlights the lack of an immediate succession plan for the aging leadership.

Mr. Pankaj Jain has held the Managing Director position since February 4, 2013
The Board meeting to approve the continuation took place on August 8, 2026
A Special Resolution is required at the upcoming AGM to authorize his role beyond age 70
The company maintains a low debt-to-equity ratio of 0.02 with a net worth of Rs 45 Cr

💡 Monitor the voting results of the Special Resolution at the upcoming Annual General Meeting to ensure shareholder support for management continuity.

₹1 Final Dividend: Haryana Leather Chemicals Sets September 14 as Record Date

🟡 NEUTRAL ⭐ 5/10

DIVIDEND 📅 10 Aug 2026, 01:23 PM

Haryana Leather Chemicals has fixed September 14, 2026, as the record date for a final dividend of ₹1 per share for FY 2025-26. This dividend represents a 10% return on the face value of ₹10 and an approximate yield of 1.63% based on the current market price of ₹61.5. The payout is subject to shareholder approval at the 41st AGM scheduled for September 26, 2026. The dividend payout ratio stands at approximately 20.6% of the FY26 EPS of ₹4.85.

Final dividend of ₹1 per equity share recommended for the financial year 2025-26
Record date for determining shareholder eligibility fixed for September 14, 2026
41st Annual General Meeting (AGM) scheduled to be held on September 26, 2026
Dividend to be paid within 30 days of approval by members at the upcoming AGM

💡 Investors should note the ex-dividend date (typically one business day prior to the record date) to ensure eligibility for the ₹1 payout. Monitor the AGM outcome on September 26 for formal approval.

96% YoY Profit Drop in Q1 FY27 for Haryana Leather Chemicals Despite 25% Revenue Growth

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 10 Aug 2026, 01:15 PM

Haryana Leather Chemicals Ltd (HLCL) reported a significant decline in profitability for Q1 FY27, with net profit crashing to ₹3.11 lacs from ₹74.35 lacs in the same quarter last year. While revenue from operations grew 24.8% YoY to ₹14.68 cr, the bottom line was eroded by a sharp spike in raw material costs, which rose to ₹12.35 cr (84% of revenue) compared to ₹7.52 cr (64% of revenue) YoY. The company is operating at near-breakeven levels with a total comprehensive income of just ₹3.11 lacs for the quarter.

Net profit plummeted 95.8% YoY to ₹3.11 lacs in Q1 FY27.
Revenue from operations increased 24.8% YoY to ₹14.68 cr from ₹11.76 cr.
Cost of materials consumed surged to ₹12.35 cr, representing 84.1% of revenue versus 63.9% YoY.
Earnings Per Share (EPS) collapsed to ₹0.06 from ₹1.51 in the year-ago period.
Total expenses reached ₹15.23 cr, nearly matching the total income of ₹15.26 cr.

💡 Investors should closely monitor raw material price trends and the company's ability to pass on these costs to customers, as the current margin profile is unsustainable for long-term value creation.

Rs 0.03 Cr PAT: Haryana Leather Chemicals reports 96% YoY profit decline in Q1 FY27

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 10 Aug 2026, 01:13 PM

Haryana Leather Chemicals reported a sharp decline in profitability for Q1 FY27, with net profit falling to just Rs 3.11 lakhs from Rs 74.35 lakhs in the year-ago period. While revenue from operations grew 24.8% YoY to Rs 14.68 Cr, the bottom line was severely impacted by a 64% surge in raw material costs. Consequently, EPS plummeted to Rs 0.06 from Rs 1.51 YoY. The company's operating margins have been almost entirely eroded this quarter, with total expenses nearly matching total income.

Revenue from operations increased 24.8% YoY to Rs 14.68 Cr from Rs 11.76 Cr.
Net profit plummeted 95.8% YoY to Rs 3.11 lakhs compared to Rs 74.35 lakhs.
Cost of materials consumed rose significantly to Rs 12.34 Cr, representing 84% of revenue vs 64% in the year-ago quarter.
Earnings Per Share (EPS) dropped to Rs 0.06 from Rs 1.51 in June 2025.
Total expenses for the quarter stood at Rs 15.23 Cr, nearly exhausting the total income of Rs 15.26 Cr.

💡 Investors should monitor the company's ability to pass on rising raw material costs to customers and observe if margins recover in Q2 FY27.

August 10, 2026: Board Meeting to Approve Q1 FY27 Financial Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 03 Aug 2026, 11:50 AM

Haryana Leather Chemicals Ltd has scheduled a board meeting on August 10, 2026, to consider and approve the un-audited standalone financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for the micro-cap company, which has a market capitalization of ₹32 Cr. The company reported a TTM revenue of ₹51 Cr and a PAT of ₹2 Cr as of the previous fiscal year. The trading window for designated persons remains closed until 48 hours after the results are declared.

Board meeting scheduled for August 10, 2026, to review Q1 FY27 performance
Reporting on the quarter ended June 30, 2026
Company operates with a small market capitalization of ₹32 Cr
TTM revenue stands at ₹51 Cr with a thin operating margin of 5.7%
Trading window closure is in effect for all designated persons

💡 Investors should monitor the results on August 10 to see if the company can improve its operating margins from the current 5.7% and sustain its TTM EPS of ₹3.83.

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