Hipolin Ltd.

BSE: HIPOLIN530853ISIN INE963A01011

Fast Moving Consumer Goods
Household Products

Share price

₹80.50+2.49 (+3.19%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹118.80
52W low: ₹44.83
Off 52W high: -32.24%
1M return: -8.52%
3M return: -32.24%
6M return: -24.11%
1Y return: +12.41%
20D avg volume: 315
50 DMA: ₹85.22
200 DMA: ₹75.66

Key ratios Consolidated

Market cap: ₹25.21 Cr
Current price: ₹80.50
52W high / low: ₹118.80 / ₹44.83
Face value: ₹10.00
P/E: 630.18
P/B: 3.41
EPS (TTM): ₹0.13
Book value / share: ₹23.61
ROE: —
ROCE: -8.70%
Operating margin: —
Net margin: —
Debt / equity: 0.07
Net debt: ₹0.40 Cr
Interest cover: -5.42
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 43.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	5.20	3.94	3.76	3.18	3.27	4.40	5.04	5.52	6.61	—
	0.05	0.05	0.04	0.05	0.05	0.12	0.06	0.11	0.09	—
	5.25	3.98	3.80	3.23	3.32	4.52	5.10	5.63	6.70	—
	5.23	3.98	3.86	3.23	4.05	6.88	5.66	6.02	6.65	—
	3.59	1.64	2.82	2.05	2.10	3.09	3.14	3.72	4.80	—
	0.21	0.19	0.22	0.16	0.14	-0.04	0.23	0.48	0.33	—
	0.41	0.34	0.32	0.59	0.12	0.56	0.69	0.41	0.46	—
	0.01	0.04	0.02	0.02	0.04	0.13	0.03	0.04	0.04	—
	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	—
	0.94	1.72	0.42	0.40	1.49	2.09	1.50	—	—	—
	0.02	0.01	-0.06	0.01	-0.74	-2.36	-0.57	-0.38	0.05	—
	0.00	0.00	0.07	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.02	0.01	0.01	0.01	-0.74	-2.36	-0.57	-0.38	0.05	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.02	0.01	0.01	0.01	-0.74	-2.36	-0.57	-0.38	0.05	—
	0.07	0.02	0.03	0.01	-2.35	-7.55	-1.82	-1.23	0.16	—
Key metrics
	0.05	0.07	0.05	0.05	-0.68	-2.21	-0.52	-0.32	0.11	—
	1.00%	1.80%	1.30%	1.60%	-20.80%	-50.20%	-10.30%	-5.80%	1.70%	—
	0.40%	0.30%	0.30%	0.30%	-22.60%	-53.60%	-11.30%	-6.90%	0.80%	—
	—	0.70%	—	0.40%	—	-25.10%	—	—	—	—
	59.00%	-10.50%	-25.40%	-42.40%	-50.50%	—	—	—	—	—
	102.70%	100.40%	101.80%	102.60%	-1,580.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	16.08	14.15	21.56	—
	0.19	0.19	0.37	—
	16.26	14.33	21.93	—
	16.30	14.60	25.21	—
	10.10	8.97	14.75	—
	0.78	0.72	1.01	—
	1.66	1.45	2.12	—
	0.09	0.12	0.24	—
	0.08	0.09	0.09	—
	3.48	3.07	6.89	—
	-0.02	-0.27	-3.28	—
	0.07	-0.50	0.00	—
	0.05	-0.77	-3.28	—
	0.00	0.00	0.00	—
	0.05	-0.77	-3.28	—
	0.13	-2.46	-10.47	—
Key metrics
	0.22	-0.56	-2.95	—
	1.37%	-4.00%	-13.70%	—
	0.31%	-5.40%	-15.20%	—
	—	-8.70%	-34.20%	—
	-11.79%	-34.40%	—	—
	—	76.50%	—	—
	—	1.61	-3.21	—
	—	-2.13	0.97	—
	—	0.07	0.26	—
	—	0.40	1.84	—
	—	43.9	47.8	—
Balance sheet
	—	10.98	12.98	—
	—	3.38	4.65	—
	—	0.11	0.28	—
	—	1.80	3.03	—
	—	1.39	1.28	—
	—	0.08	0.05	—
	—	0.83	0.89	—
	—	1.49	1.49	—
	—	3.52	4.09	—
	—	0.51	2.12	—
	—	0.51	2.12	—
	—	0.00	0.00	—
	—	7.39	8.14	—
Cash flow
	—	1.64	-3.18	—
	—	0.59	2.76	—
	—	-2.40	0.54	—
	—	0.03	0.03	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	5.20	3.94	3.76	3.18	3.27	4.40	5.04	5.52	6.61	—
	0.05	0.05	0.04	0.05	0.05	0.12	0.06	0.11	0.09	—
	5.25	3.98	3.80	3.23	3.32	4.52	5.10	5.63	6.70	—
	5.23	3.98	3.86	3.23	4.05	6.88	5.66	6.02	6.65	—
	3.59	1.64	2.82	2.05	2.10	3.09	3.14	3.72	4.80	—
	0.21	0.19	0.22	0.16	0.14	-0.04	0.23	0.48	0.33	—
	0.41	0.34	0.32	0.59	0.12	0.56	0.69	0.41	0.46	—
	0.01	0.04	0.02	0.02	0.04	0.13	0.03	0.04	0.04	—
	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	—
	0.94	1.72	0.42	0.40	1.49	2.09	1.50	—	—	—
	0.02	0.01	-0.06	0.01	-0.74	-2.36	-0.57	-0.38	0.05	—
	0.00	0.00	0.07	0.00	0.00	0.00	—	—	—	—
	0.02	0.01	0.01	0.01	-0.74	-2.36	-0.57	-0.38	0.05	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.02	0.01	0.01	0.01	-0.74	-2.36	-0.57	-0.38	0.05	—
	0.06	0.02	0.03	0.01	-2.35	-7.55	-1.82	-1.23	0.16	—
Key metrics
	0.05	0.07	0.05	0.05	-0.68	-2.21	-0.52	-0.32	0.11	—
	1.00%	1.80%	1.30%	1.60%	-20.80%	-50.20%	-10.30%	-5.80%	1.70%	—
	0.40%	0.30%	0.30%	0.30%	-22.60%	-53.60%	-11.30%	-6.90%	0.80%	—
	—	0.70%	—	0.40%	—	-25.10%	—	—	—	—
	59.00%	-10.50%	-25.40%	-42.40%	-50.50%	—	—	—	—	—
	102.70%	100.40%	101.80%	102.60%	-1,580.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	16.08	14.15	21.56	—
	0.19	0.19	0.37	—
	16.26	14.33	21.93	—
	16.30	14.60	25.21	—
	10.10	8.97	14.75	—
	0.78	0.72	1.01	—
	1.66	1.45	2.12	—
	0.09	0.11	0.24	—
	0.08	0.09	0.09	—
	3.48	3.07	6.88	—
	-0.02	-0.27	-3.28	—
	0.07	-0.50	0.00	—
	0.05	-0.77	-3.28	—
	0.00	0.00	0.00	—
	0.05	-0.77	-3.28	—
	0.12	2.46	-10.47	—
Key metrics
	0.22	-0.57	-2.95	—
	1.37%	-4.00%	-13.70%	—
	0.31%	-5.40%	-15.20%	—
	—	-8.80%	-34.20%	—
	-11.79%	-34.40%	—	—
	—	76.50%	—	—
	—	1.61	-3.21	—
	—	-2.13	0.97	—
	—	0.07	0.26	—
	—	0.40	1.84	—
	—	43.9	47.8	—
Balance sheet
	—	10.98	12.98	—
	—	3.37	4.64	—
	—	0.11	0.28	—
	—	1.80	3.03	—
	—	1.39	1.28	—
	—	0.08	0.05	—
	—	0.83	0.89	—
	—	1.49	1.49	—
	—	3.51	4.09	—
	—	0.51	2.12	—
	—	0.51	2.12	—
	—	0.00	0.00	—
	—	7.40	8.14	—
Cash flow
	—	1.64	-3.18	—
	—	0.59	2.76	—
	—	-2.40	0.54	—
	—	0.03	0.03	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -11.79%
Profit YoY (TTM): +101.23%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -11.79%
Profit YoY (TTM): +101.23%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 59.80%

Quarter	September 2026	June 2026
Promoter %	59.80%	69.59%

Holder	Type	Holding	Previous	Change
Rumit Bharatbhai Shah	Promoter	10.29%	10.29%	0.00%
Daxesh Bhupendrabhai Shah	Promoter	10.19%	10.19%	0.00%
Sejal Ullas Shah	Promoter	9.66%	9.66%	0.00%
Bela Himanshu Shah	Promoter	9.37%	9.37%	0.00%
Kinnari Vaibhav Shah	Promoter	9.37%	9.37%	0.00%
Krishnam Enterprise	Public	9.26%	—	—
Shaileshkumar Jayantilal Shah	Promoter	4.51%	4.51%	0.00%
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs	Public	2.69%	2.69%	0.00%
Narayan Soaps & Chemicals Private Limited	Promoter Group	2.52%	2.52%	0.00%
Arunaben Manherlal Vakil	Public	1.65%	1.65%	0.00%
Apurva Shaileshbhai Shah	Promoter	1.42%	1.42%	0.00%
Subhash Jayantilal Shah	Promoter	1.15%	1.44%	-0.29%
Mayuriben S Shah	Promoter	1.02%	1.02%	0.00%
Rajasvee Sagar Shah	Promoter	0.13%	9.38%	-9.25%
Dakshaben Subhashbhai Shah	Promoter	0.10%	0.35%	-0.25%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
JYOTHY LABS LIMITED	6,915	188.30	—	22.70%	+3.27% TTM	+0.29% TTM	-40.33%
Eveready Industries India Ltd.	2,304	316.95	10.56	23.90%	+9.83% TTM	+375.79% TTM	-15.05%
High Energy Batteries (India) Ltd. S	486	542.25	29.45	19.60%	+13.38% TTM	+22.75% TTM	-6.08%
Indo National Limited	226	301.80	-8.81	-7.10%	-3.56% TTM	-192.16% TTM	-31.10%
Panasonic Energy India Co. Ltd. S	180	240.40	41.88	5.30%	+4.59% TTM	-49.11% TTM	-32.53%
Pee Cee Cosma Sope Ltd. S	111	420.00	12.77	19.90%	+17.72% TTM	-5.84% TTM	-13.90%
YUVRAAJ HYGIENE PRODUCTS LTD S	73	8.01	16.02	22.60%	+2.47% TTM	-25.45% TTM	-46.64%
Ambica Agarbathies & Aroma Ind. Ltd. S	40	23.15	12.18	7.90%	+3.70% TTM	+570.59% TTM	-7.40%
Hipolin Ltd.	25	80.50	630.18	-8.70%	-11.79% TTM	+101.23% TTM	+12.41%
Photoquip India Ltd. S	7	11.15	-3.93	1.60%	-13.49% TTM	-418.87% TTM	-26.98%

Filings & corporate actions

Recent announcements

Hipolin Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated ....2 Nov 2026 · Board Meeting / Board Meeting
We hereby submit the certificate issued under regulation 74 (5) of SEBI (DP) Regulations 2018 for the quarter ended 30th September, 2026.6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Consolidated Scrutinizer report for the 43rd AGM is attached herewith along with the voting results.30 Sep 2026 · AGM/EGM / AGM
Outcome of the 33rd AGM along with the Summary Proceedings of the AGM.29 Sep 2026 · AGM/EGM / AGM
Intimation of trading window closure for the quarter and half year ended 30th September, 202626 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Newsopaper Publication of Notice of 33rd Annual General Meeting.8 Sep 2026 · Company Update / Newspaper Publication
We enclose herewith the Annual Report of the Company for the Financial Year ended March 31, 2026, along with the Notice of the Thirty Second (33rd) Annual General Meeting (AGM) of the Company ....7 Sep 2026 · Others / Reg. 34 (1) Annual Report
33rd Annual general Meeting of the company to be held on Tuesday, 29th September, 2026.7 Sep 2026 · AGM/EGM / AGM
The register of members and share transfer books of the company will remain close from 22nd September, 2026-29th September, 2026 for the purpose of 33rd Annaul General Meeting.7 Sep 2026 · Corp. Action / Book Closure
Board Meeting held today on 07th September, 2026, To consider and approve the following 1. Redesignation of Mr. Shaileshkumar Jayantilal shah. 2. Appointment of M K Samdani & Co. as ....7 Sep 2026 · Board Meeting / Outcome of Board Meeting
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajasvee Sagar Shah2 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Clarification with reference to the announcement made on 14th August, 2026 in change in management.25 Aug 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajasvee Sagar Shah24 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Newspaper Publication of Unaudited Standalone and Consolidated Financial results for the quarter ended 30th June, 2026.20 Aug 2026 · Company Update / Newspaper Publication
To consider and took note on the following 1. Resignation of Prafulla Gattani, from the post of Managing director of the company. 2. Demise of Umeshchandra P. Mehta who was serving as ....14 Aug 2026 · Company Update / Change in Management
To Consider and approve unaudited and consolidated financial results for the quarter ended 30th June, 2026 along with limited review report given by statutory auditor of the company.14 Aug 2026 · Result / Financial Results
To consider and approve unaudited and consolidated finnacial results for the quarter ended 30th june, 2026 along with limited review report given by Statutory auditor of the company.14 Aug 2026 · Result / Financial Results
To consider and approve Unaudited standalone and consolidated financial results for the Quarter ended 30th June, 2026 along with Limited Review Report given by Statutory auditor of the company.14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Hipolin Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Unaudited Financial Results for the ....10 Aug 2026 · Board Meeting / Board Meeting
We hereby submit the certificate under Regulation 74 (5) of SEBI (DP) Regulations 2018 for the quarter ended 30th June, 202610 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Clarification on E-mail from BSE dated 30/06/202630 Jun 2026 · Company Update / General
Closure of Trading Window for Unaudited Financial Results for the quarter ended 30th June, 202624 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication of Audited financial results for the quarter and year ended 31st March, 2026.3 Jun 2026 · Company Update / Newspaper Publication
To consider and approve Audited standalone and consolidated Financial statements for the quarter and year ended 31st March, 2026.29 May 2026 · Result / Financial Results
To consider and approve audited standalone and consolidated financial results for the quarter and year ended 31st March, 2026.29 May 2026 · Result / Financial Results
To consider and Approve Audited Standalone and Consolidated Financial results for the quarter and year ended 31st March, 2026.29 May 2026 · Board Meeting / Outcome of Board Meeting
Hipolin Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve audited standalone and consolidated ....23 May 2026 · Board Meeting / Board Meeting
Non applicability of annual secretarial compliance report as per regulation 24A of SEBI (LODR) Reg 2015.12 May 2026 · Company Update / General
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....30 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
We hereby submit certificate under Regulation 74(5) of SEBI (DP) Regulation ,2018 for the Quarter ended 31st March, 2026.10 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading window for audited financial results for quarter and year ended 31st March, 202630 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication of the Unaudited Financial Results for the Quarter ended 31st December, 2025.17 Feb 2026 · Company Update / Newspaper Publication
Board meeting held on 14th February, 2026 to consider, approve standalone and consolidated financial results for the quarter ended 31st December, 2025 along with limited review report given ....14 Feb 2026 · Result / Financial Results
Board meeting held on 14th February , 2026 to consider, approve standalone and consolidated unaudited financial results for the quarter ended 31st December, 2025 along with limited review ....14 Feb 2026 · Result / Financial Results
Board Meeting held on 14th February, 2026 to consider and approve standalone and consolidated unaudited financial results for the quarter ended December 31, 2025 along with limited review ....14 Feb 2026 · Board Meeting / Outcome of Board Meeting
Hipolin Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2026 ,inter alia, to consider and approve Board Meeting held today on 14th February, ....6 Feb 2026 · Board Meeting / Board Meeting
We hereby submit certificate under Reg 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended 31st December, 202512 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of trading window for unaudited financial results for the quarter ended 31st December,202530 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.2 Dec 2025 · Company Update / General
Disclosure under Regulation 7(2) of SEBI ( Prohibition if Insider Trading) Regulations, 2015.1 Dec 2025 · Company Update / General

Board meetings

5 Nov 2026 Board Meeting - Financial Results
14 Aug 2026 Board Meeting - Financial Results