Hindustan Tin Works Ltd

Hindustan Tin Works Ltd (HINDTIN) is a micro-cap Industrial Products company valued at ₹124 crore operating in Packaging on the NSE and BSE.

What changed?

Hindustan Tin Works Ltd last traded at ₹115.4, modestly down 1.33% on the day.

Recent developments

2026-09-07: The DocStoX score increased to 8.1, reflecting improved earnings growth and balance-sheet safety. 2026-07-16: The score was 7.6, suggesting earlier concerns about business quality. 2026-06-30: The latest quarter showed a significant rise in net profit, which may signal better cost control or pricing power.

Is the business improving?

The company's revenue grew 3.4% annually, but net profit fell 33.3% year-on-year. The latest quarter saw revenue rise 5.6% compared to the same quarter a year earlier, while net profit surged 38.0%, indicating improving profitability in the recent period. Margins have declined, with the net profit margin dropping 1.1 percentage points to 1.9%, and returns remain low, with return on equity at 3.8%.

Is it expensive?

The stock trades at 14.4 times earnings, 0.55 times book value. It yields 0.6%.

What could go wrong?

The company's net profit margin has declined sharply, which could indicate pressure on profitability. The low return on equity suggests inefficient use of capital. The dividend payout has been low, which may limit shareholder returns.

DocStoX conclusion

DocStoX rates HINDTIN as “buy”, scoring 8.1/10 with 72% confidence. The DocStoX verdict of buy follows from strong earnings growth and a safe balance sheet, despite weak business quality. The most important factor is the recent improvement in quarterly net profit, which suggests the company is turning around its profitability.

Analysis written by DocStoX's model on 2026-09-08 from company filings and market data · verdict updated 2026-09-09. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.