Hindustan Colas Ltd
About
Hindustan Colas has been manufacturing bitumen derivatives for road construction and maintenance projects since 1995. It was formed as the result of a joint venture between Hindustan Petroleum Corporation Limited, Colas SA of France, and TIPCO Asphalt of Thailand. It owns 10 manufacturing sites in India today. Having worked on national and state highways, expressways, and other infrastructure projects, its portfolio spans bitumen emulsions, modified bitumen, cold mix, road bonds, and more. HINCOL also provides micro-surfacing, slurry sealing, pothole repair, material testing, and project management services to its clients. As a member of the Bureau of Indian Standards (BIS) Committee on Bitumen, Tar & their Products, HINCOL has a reputation for setting industry standards for quality control.
Featured In Fortune India Ranking
Financial Data 2023
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1536 2.7% | 1496 27.5% | 1173 29.3% | 908 15.3% | 787 10.9% | 710 -15.0% | 835 34.5% | 621 45.7% | 426 18.5% | 359 0.8% | 357 -0.6% | 358 - |
| Net Operating Income (INR Cr) | 1520 3.21% | 1472 27.02% | 1159 0.00% | 864 11.93% | 772 11.22% | 694 0.00% | 827 35.11% | 612 47.26% | 416 19.93% | 347 -0.62% | 349 -0.97% | 352 40.39% |
| Profit (INR Cr) | 155 -11.2% | 175 12.9% | 155 12.2% | 138 32.8% | 104 3.9% | 100 106.1% | 49 41.2% | 34 30.2% | 26 -6.8% | 28 -25.8% | 38 37.2% | 28 - |
| Assets (INR Cr) | 523 13.3% | 462 3.3% | 447 9.2% | 409 36.3% | 300 18.7% | 253 73.4% | 146 8.6% | 134 2.8% | 131 6.1% | 123 13.5% | 109 38.1% | 79 - |
| Net Worth (INR Cr) | 502 13.8% | 441 3.4% | 427 0.0% | 390 31.1% | 298 18.9% | 250 0.0% | 144 9.6% | 131 2.7% | 128 6.0% | 121 13.8% | 106 46.9% | 72 57.0% |
| Employee Cost (INR Cr) | 27 -4.7% | 28 12.3% | 25 12.4% | 22 7.5% | 21 -5.3% | 22 72.2% | 13 13.0% | 11 5.8% | 11 16.8% | 9 14.5% | 8 21.2% | 7 - |
| Interest Cost (INR Cr) | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Cash & Bank Balance (INR Cr) | 67 | 125 | 165 | 144 | 88 | 96 | 96 | 75 | 29 | 71 | 60 | 37 |
| Total Debt (INR Cr) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 3 | 3 | 6 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 10.1% | 11.7% | 13.2% | 15.2% | 13.2% | 14.1% | 5.8% | 5.5% | 6.2% | 7.9% | 10.7% | 7.8% |
| Profit As % Of Assets | 29.7% | 37.9% | 34.7% | 33.7% | 34.6% | 39.6% | 33.3% | 25.6% | 20.2% | 23.0% | 35.2% | 35.5% |
| Profit As % Of Networth | 30.9% | 39.7% | 36.3% | 35.4% | 35.0% | 40.0% | 33.8% | 26.2% | 20.7% | 23.5% | 36.1% | 38.6% |
| Interest Cost to EBITDA % | 0.8% | 0.7% | 0.8% | 0.5% | - | 0.0% | 0.1% | 0.1% | 0.1% | 0.4% | 0.1% | 1.4% |
| Debt to Equity Ratio | - | - | - | - | - | - | - | 0.01 | 0.01 | 0.02 | 0.02 | 0.09 |
| RONW | 32.9% | 40.3% | 36.3% | 40.2% | 35.0% | 40.0% | 35.3% | 26.6% | 20.7% | 25.0% | 42.9% | 47.2% |
| ROCE | 41.5% | 52.5% | 47.0% | 51.7% | 53.6% | 60.9% | 52.3% | 39.5% | 31.1% | 36.2% | 62.1% | 65.6% |