Haryana Leather Chemicals Ltd

Haryana Leather Chemicals Ltd (HARLETH) is a micro-cap Chemicals company valued at ₹24 crore operating in Commodity Chemicals on the NSE and BSE.

Recent price move

Haryana Leather Chemicals Ltd last traded at ₹60.68, sharply up 5.84% on the day.

Recent developments

2026-09-30: Promoter holding remained at 41.27%, with no significant changes in ownership structure. 2026-06-30: The latest quarter reported net profit of ₹0 crore, a dramatic decline from ₹1 crore in the same quarter of the previous year. 2026-03-31: The company's net profit was ₹0 crore, continuing a trend of profitability issues in recent quarters.

Financial performance

The company's annual revenue grew 4.8% to ₹51 crore, while annual net profit rose 3.5% to ₹2 crore. However, the latest quarter saw a sharp drop in net profit, falling 95.9% to ₹0 crore, despite a 24.8% increase in revenue to ₹15 crore compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 6.4 times earnings, 0.63 times book value. It yields 1.8%.

Things to watch

The company's net profit margin narrowed by 0.1 percentage points to 4.6%, and the latest quarter reported a net profit of ₹0 crore, indicating a significant drop in profitability. The stock is 29.2% below its 52-week high, and the latest quarter's net profit fell 95.9% compared to the same quarter a year earlier.

Where it stands

Haryana Leather Chemicals Ltd has seen modest growth in revenue and net profit over the past year, but recent quarters show a sharp decline in profitability. The stock is trading 29.2% below its 52-week high, and the latest quarter's net profit of ₹0 crore highlights ongoing challenges in maintaining consistent earnings.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.