---
title: "HPC Biosciences Ltd (349945) — Share Price, Financials & Analysis"
symbol: "349945"
company: "HPC Biosciences Ltd"
canonical: "https://tapetide.com/stocks/349945"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T18:58:18.458Z"
---

# HPC Biosciences Ltd (349945)

Canonical page: https://tapetide.com/stocks/349945

## Company

- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2013-03-19
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** hpcbiosciences.com

## About

HPC Biosciences Ltd. is an agricultural company operating in the row crop and broadacre industries.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Stock is trading at 12.8 times its book value
- The company has delivered a poor sales growth of -35.9% over past five years.
- Company has a low return on equity of 0.72% over last 3 years.
- Company has high debtors of 9,907 days.
- Working capital days have increased from 22,169 days to 44,113 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 104% | -61% | -37% |
| revenue growth | -57% | -44% | -36% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2014 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2017 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 1.46 | 0 | 1.32 | 0.81 |
| Expenses | 0 | 0 | 0.35 | 0 | 0.42 | 0.28 |
| Operating Profit | 0 | 0 | 1.11 | 0 | 0.9 | 0.53 |
| OPM % | — | — | 76.03 | — | 68.18 | 65.43 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0.04 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0.69 | 0 | 0.5 | 0.3 |
| Profit before tax | 0 | 0 | 0.42 | 0 | 0.4 | 0.27 |
| Tax % | — | — | 4.76 | — | 2.5 | 7.41 |
| Net Profit | 0 | 0 | 0.39 | 0 | 0.4 | 0.25 |
| EPS in Rs | 0 | 0 | 0.02 | 0 | 0.03 | 0.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.46 | 3.09 | 1.87 | 2.26 | 1.94 | 1.6 | 1.2 | 2.29 | 0.49 | 0.21 |
| Expenses | 0.91 | 1.09 | 0.11 | 0.89 | 1.01 | 0.4 | 0.33 | 0.68 | 0.89 | 0.23 |
| Operating Profit | 2.55 | 2 | 1.76 | 1.37 | 0.93 | 1.2 | 0.87 | 1.61 | -0.4 | -0.02 |
| OPM % | 73.7 | 64.72 | 94.12 | 60.62 | 47.94 | 75 | 72.5 | 70.31 | -81.63 | -9.52 |
| Other Income | 0.06 | 0.17 | 0.14 | 0.19 | 0.14 | 0.09 | 0.1 | 0.09 | 0.42 | 0.55 |
| Interest | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1.36 | 1.41 | 1.38 | 0.99 | 0.84 | 0.72 | 0.61 | 0.51 | 0.5 | 0.5 |
| Profit before tax | 1.25 | 0.76 | 0.51 | 0.57 | 0.23 | 0.57 | 0.36 | 1.19 | -0.48 | 0.03 |
| Tax % | 1.6 | 6.58 | 7.84 | 10.53 | 13.04 | 3.51 | 5.56 | 1.68 | 2.08 | 33.33 |
| Net Profit | 1.24 | 0.71 | 0.46 | 0.51 | 0.2 | 0.55 | 0.34 | 1.17 | -0.49 | 0.02 |
| EPS in Rs | 0.08 | 0.04 | 0.03 | 0.03 | 0.01 | 0.03 | 0.02 | 0.07 | -0.03 | 0 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 15.96 | 15.96 | 15.96 | 15.96 | 15.96 | 15.96 | 15.96 | 15.96 | 15.96 | 15.96 |
| Reserves | 12.96 | 13.67 | 14.13 | 14.63 | 14.83 | 15.38 | 15.72 | 16.89 | 16.4 | 15.96 |
| Borrowings | 0.38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.1 | 0.08 | 0.1 | 0.4 | 0.47 | 0.56 | 0.46 | 0.28 | 0.26 | 0.26 |
| Total Liabilities | 29.4 | 29.71 | 30.19 | 30.99 | 31.26 | 31.9 | 32.14 | 33.13 | 32.62 | 32.18 |
| Fixed Assets | 9.53 | 8.12 | 6.74 | 5.75 | 4.91 | 4.19 | 3.58 | 3.07 | 2.57 | 2.06 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2.79 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Other Assets | 17.08 | 21.29 | 23.15 | 24.94 | 26.05 | 27.41 | 28.26 | 29.76 | 29.75 | 29.82 |
| Total Assets | 29.4 | 29.71 | 30.19 | 30.99 | 31.26 | 31.9 | 32.14 | 33.13 | 32.62 | 32.18 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3.99 | 0.22 | -0.18 | 1.09 | 0.08 | 1.17 | 0.82 | 1.36 | 0.09 | -0.35 |
| Cash from Investing Activity | -4.53 | 0.67 | 0.17 | -1.87 | -0.1 | -0.96 | -0.79 | 0.06 | 0.81 | -0.35 |
| Cash from Financing Activity | 0.28 | -0.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.26 | 0.42 | -0.02 | -0.77 | -0.02 | 0.21 | 0.03 | 1.42 | 0.9 | -0.7 |
| Free Cash Flow | 3.67 | 0.22 | -0.18 | 1.09 | 0.08 | 1.17 | 0.82 | 1.36 | 0.09 | -0.35 |
| CFO/OP | 156 | 12 | -9 | 81 | 19 | 98 | 94 | 84 | -22 | 1750 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 233.88 | 636.31 | 626.64 | 970.82 | 1206.78 | 1648.58 | 908.52 | 4245.92 | 9907.14 |
| Inventory Days | 1360.45 | 627.05 | — | — | 1119.33 | — | 3650 | 772.12 | 0 | — |
| Days Payable | 0 | 0 | — | — | 0 | — | 0 | 0 | — | — |
| Cash Conversion Cycle | 1360.45 | 860.93 | 636.31 | 626.64 | 2090.16 | 1206.78 | 5298.58 | 1680.63 | 4245.92 | 9907.14 |
| Working Capital Days | 1277.5 | 1928.95 | 3571.93 | 3343.14 | 4107.19 | 5221.78 | 7242.21 | 4062.82 | 18331.94 | 44112.86 |
| ROCE % | 4.38 | 2.58 | 1.74 | 1.88 | 0.75 | 1.83 | 1.14 | 3.69 | -1.47 | 0.09 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% |
| Public | 78.07% | 78.07% | 78.07% | 78.07% | 78.07% | 78.07% | 78.06% | 78.06% |
| No. of Shareholders | 687 | 661 | 645 | 644 | 648 | 648 | 648 | 648 |

### Quarterly

| Category | Mar 2019 | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% | 21.93% |
| Public | 78.07% | 78.07% | 78.07% | 78.07% | 78.07% | 78.07% | 78.07% | 78.06% | 78.06% | 78.06% | 78.06% | 78.06% |
| No. of Shareholders | 645 | 646 | 644 | 644 | 648 | 648 | 648 | 648 | 648 | 648 | 648 | 648 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/535217/72557535217.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/535217/68397535217.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/535217/5352170319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/535217/5352170318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/535217/5352170317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/535217/5352170316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/535217/5352170315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/535217/5352170314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/535217/5352170313.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:58:18.458Z.