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Behind the ₹48 Million Move: The Real Story of Hindustan Composites’ Next Chapter

Updated: May 07, 2025 20:36

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Hindustan Composites Ltd. has launched a strong FY 2025-26 expansion plan, and the board cleared a ₹48 million capex to expand the production capacity across the major segments. Concurrently, the firm has declared a ₹5 per share dividend as it capitalizes on sustained operating and financial results.
 
Key Highlights:
  • Capacity Expansion Okayed: A ₹48 million expenditure has been sanctioned by the board to augment manufacturing capacity at Commercial Vehicle Liners and Railway Brake Blocks financed wholly from internal accruals. The two capacity additions should meet increasing automobile and railway business demand and arrive within 4-5 months.
  • Segment-wise Growth: The company will increase 30,000 units/month in its Commercial Vehicle Liner segment (existing at 875,000 units/month, 82% capacity) and 100,000 units/month in its Railway Brake Block segment (existing at 250,000 units/month, 99% capacity). This action will help improve market share and operating efficiency.
  • Dividend Boost: The board has recommended a final dividend of ₹5 per share for FY 2025-26, demonstrating confidence in the financial position of the company and determination to reward shareholders.
  • Financial Strength: Hindustan Composites is almost debt-free, has lower working capital needs, and still manages with high reserves and a sound balance sheet.
  • Growth Momentum: With three-year compounded sales and profit growth, the company is poised to leverage sector tailwinds and further consolidate its leadership in fibre-based friction materials.
Hindustan Composites' recent announcements reflect its emphasis on sustainable growth, operational excellence, and shareholder value.
 
Source: Moneycontrol, TradingView/Reuters, Screener, MarketScreener

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