Hindusthan Engineering Unlisted Shares
38.5K
BUY
₹1090.00
SELL
₹1200.00
As on October 13, 2025 Hindustan engineering share price is ₹1090.00 per share. The 52-week high for Hindustan engineering stock price is ₹1,750.00, while the 52-week low is ₹850.00.
About Hindusthan Engineering Unlisted Shares
Hindusthan Engineering & Industries Limited (HEIL) is a leading engineering and manufacturing company with a legacy dating back to 1947. The company specializes in rolling stock, foundry, chemicals, and jute products, serving Indian Railways and global markets.
Business Divisions
- Rolling Stock – HEIL has been a pioneer in manufacturing freight cars, supplying Indian Railways with high-payload stainless steel wagons for commodities like petroleum, chemicals, and cement.
- Foundry – The company produces bogies, couplers, CMS crossings, and other railway components, exporting to North America, Australia, and South Korea. It is a licensee of Standard Car Truck Company, U.S.A.
- Chemicals – HEIL operates a fully automated plant for cyanide production, with 40% of its output exported. The products serve industries like pharmaceuticals, electroplating, and rubber.
- Jute – Through Dalhousie Jute Company, HEIL manufactures packaging materials used in food grain, sugar, cement, and fertilizer industries, with a strong global presence.
Financial Highlights
- Revenue Growth – The company’s revenue grew from INR 800 Cr in 2021 to INR 2754 Cr in 2024, demonstrating strong business expansion.
- Profitability – PAT increased from INR 40 Cr in 2021 to INR 207 Cr in 2024, with net profit margins rising to 7.52% in 2024.
- Operational Performance – EBITDA surged from INR 72 Cr in 2021 to INR 300 Cr in 2024, while OPM improved to 10.89% in 2024.
- Earnings Per Share (EPS) – EPS witnessed substantial growth from INR 26.67 in 2021 to INR 140.82 in 2024.
- Asset Expansion – Total assets increased from INR 1512 Cr in 2021 to INR 2222 Cr in 2024, driven by higher trade receivables and inventory.
- Debt Position – Borrowings rose from INR 173 Cr in 2021 to INR 410 Cr in 2024, indicating capital utilization for expansion.
- Reserves Strength – Reserves grew from INR 1079 Cr in 2021 to INR 1384 Cr in 2024, reflecting financial stability and retained earnings growth.
Pros
- Market Leadership – HEIL has a strong presence in rolling stock and foundry, securing major railway contracts domestically and internationally.
- Revenue & Profit Growth – Consistent growth in revenue and PAT indicates financial strength and business expansion.
- Diverse Product Portfolio – The company operates in multiple industries, reducing dependency on a single revenue source.
Cons
- High Borrowings – Debt increased significantly, which may impact financial flexibility in the future.
- Operational Costs – Rising material and employee expenses affect profit margins despite revenue growth.
- Market Dependency – Heavy reliance on railway contracts and exports may expose HEIL to sector-specific risks.

Key Details
Share Name | Particulars |
---|---|
Hindusthan Engineering Pvt. | 1200.00 |
Ltd. Unlisted | Per Equity Share |
Lot Size | 100 Shares |
52 Week High | ₹1750 |
52 Week LoW | ₹850 |
Depository | NSDL & CDSL |
PAN Number | AAACH8505Q |
ISIN Number | INE665C01026 |
CIN | U93000WB1998PLC086303 |
RTA | C.B. Management Services |
Fundamentals | Value |
---|---|
Market Cap (in cr.) | 1764.81 |
P/E Ratio | 8.08 |
P/B Ratio | 1.10 |
Debt to Equity | 0.3 |
ROE (%) | 14% |
Book Value | 1094.43 |
EPS | 148.46 |
Face Value | 10 |
Total Shares | 14706776 |
Financials
P&L Statement | 2025 | 2024 | 2023 |
---|---|---|---|
Revenue | 2950 | 2754 | 1756 |
Cost of Material Consumed | 2039 | 1947 | 1267 |
Gross Margins | 33.39 | 29.3 | 27.85 |
Change in Inventory | -74 | -72 | -60 |
Employee Benefit Expenses | 138 | 144 | 140 |
Other Expenses | 514 | 435 | 289 |
EBITDA | 333 | 300 | 120 |
OPM | 11.29 | 10.89 | 6.83 |
Other Income | 50 | 42 | 27 |
Finance Cost | 44 | 31 | 19 |
D&A | 38 | 36 | 34 |
EBIT | 295 | 264 | 86 |
EBIT Margins | 10 | 9.59 | 4.9 |
PBT | 300 | 276 | 94 |
PBT Margins | 10.17 | 10.02 | 5.35 |
Tax | 82 | 69 | 24 |
PAT | 218 | 207 | 70 |
NPM | 7.39 | 7.52 | 3.99 |
EPS | 148.2 | 140.82 | 47.62 |
Ratio | FY25 | FY24 | FY23 |
---|---|---|---|
Operating Margin | 11% | 11% | 6% |
Net Profit Margin | 7% | 7% | 4% |
Return on Equity | 14% | 15% | 6% |
Debt-Equity | 0.3 | 0.29 | 0.24 |
Current Ratio | 2.52 | 1.25 | 1.67 |
Dividend Payout | 0% | 0% | 0% |
Company | Hindusthan Engineering | Titagarh Rail Systems | Texmaco Rail & Engineering |
---|---|---|---|
Market Cap (₹ Crores) | 1838 | 12274 | 5734 |
Profitability Margin (%) | 7.00% | 7.00% | 5.00% |
ROCE (%) | 20.00% | 17.00% | 14.00% |
ROE (%) | 14.00% | 12.00% | 9.00% |
D/E Ratio | 0.3 | 0.25 | 0.34 |
P/E Ratio | 8.42 | 50.9 | 26.1 |
P/B Ratio | 1.14 | 4.89 | 2.07 |
Book Value per Share (₹) | 1094.43 | 184 | 70 |
Assets | 2025 | 2024 | 2023 |
---|---|---|---|
Fixed Assets | 335 | 331 | 309 |
CWIP | 37 | 16 | 49 |
Investments | 101 | 107 | 112 |
Trade Receivables | 288 | 251 | 221 |
Inventory | 694 | 697 | 370 |
Other Assets | 981 | 820 | 745 |
Total Assets | 2436 | 2222 | 1806 |
Liabilities | 2025 | 2024 | 2023 |
---|---|---|---|
Share Capital | 14.71 | 14.7 | 14.7 |
FV | 10 | 10 | 10 |
Reserves | 1595 | 1384 | 1192 |
Borrowings | 486 | 410 | 284 |
Trade Payables | 230 | 280 | 161 |
Other Liabilities | 110.29 | 133.3 | 154.3 |
Total Liabilities | 2436 | 2222 | 1806 |
Promoters or Management
Name | Designation | Experience | Linkedin Profile |
---|---|---|---|
Shri Vikram Aditya Mody | Chairman | 20+ | |
Shri Satish Kapur | Director | 20+ |