HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of HINDUSTAN ORGANIC CHEMICALS LTD. stock ₹118, price ₹54.52, upside +116.7%, quality 47 out of 100. Rating: strongly undervalued. Calculated from audited financials with one of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range ₹21.04 – ₹63.98 · fair‑value band ₹77.98 – ₹147.70 · the ₹54.52 price screens below the ₹118.16 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 4, 2026.
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Hindustan Organic Chemicals Limited manufactures and sells chemicals in India. It offers phenol, acetone, and hydrogen peroxide chemical products. The company also produces engineering plastic polytetrafluoroethylene.
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Its products are used in various industries, such as resins and laminates, dyes and dyes intermediates, drugs and pharmaceuticals, rubber chemicals, paints, pesticides, and other industries. The company was founded in 1960 and is based in Navi Mumbai, India.
Stock analysis
HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL) currently trades at ₹54.52, while our model-based Fair Value estimate is ₹118.16, implying the stock looks roughly 54% undervalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 92/100, which puts the data coverage at low.
Scenario range: ₹77.98 (bear) to ₹147.70 (bull), the price of ₹54.52 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
HINDUSTAN ORGANIC CHEMICALS LTD. reported revenue of ₹5.7B in FY2026 versus ₹4.3B in FY2022, a compound +7.2%/yr. Reported net income was −₹127M in FY2026.
Key figures
Market cap ₹3.7B (≈ $39.0M) Micro · P/S ratio 0.68 · EPS (TTM) ₹−0.4000 · Net margin −0.5% · Return on equity −1.3% · Return on assets (EBIT) 5.5% (5-year average) · Operating margin 4.5% · Revenue (TTM) ₹5.1B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 18 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 148% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −24% fair-value upside, at 117%, HOCL screens cheaper than that median.
Fair Value models
Bear₹77.98Fair Value ₹118.16Bull₹147.70
Price ₹54.52 · Upside +116.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.27/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+7.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−3.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.7%
Start year 2021 (pandemic). Over 10 years: +14.8% a year
Revenue growth 26 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.2%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
5.9% (2021) → −3.4% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
Compare HINDUSTAN ORGANIC CHEMICALS LTD. with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Chemicals · 337 stocks
Beats the industry median on 4/9 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside+116.7% · Top 25%
Profitability
Return on assets−0.8% · Bottom 25%
Net margin (12 months)−0.5% · Bottom 25%
Operating margin (12 months)4.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)−41.4% · Bottom 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Chemicals median · lower = cheaper
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Is HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of ₹118.16 versus a price of ₹54.52, about +117% upside (undervalued).
What is the fair value of HOCL?
Our model-based fair value for HINDUSTAN ORGANIC CHEMICALS LTD. is ₹118.16 (as of Nov 4, 2026), built from audited fundamentals. The current price: ₹54.52.
What is the quality score of HOCL?
HINDUSTAN ORGANIC CHEMICALS LTD. has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
Our model-based price target is the fair value of ₹118.16 (as of Nov 4, 2026) from 1 valuation models. Cautious scenario ₹77.98, optimistic scenario ₹147.70. It is a calculation from audited fundamentals, not an analyst target.
What is the HINDUSTAN ORGANIC CHEMICALS LTD. stock forecast for 2026?
Our models put fair value at ₹118.16, about +117% upside versus a price of ₹54.52 (undervalued). Cautious scenario ₹77.98, optimistic scenario ₹147.70. The calculation is refreshed regularly with new filings.
What is the revenue of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
HINDUSTAN ORGANIC CHEMICALS LTD. reported trailing-twelve-month revenue of about ₹5.1B (latest available figure, as of Nov 4, 2026).
What is the intrinsic value of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For HINDUSTAN ORGANIC CHEMICALS LTD. it is ₹118.16 per share (as of Nov 4, 2026), against a price of ₹54.52. It is the blended result of 1 valuation models in 1 family (Asset-Based).
Is HINDUSTAN ORGANIC CHEMICALS LTD. stock overvalued or undervalued in 2026?
As of Nov 4, 2026, HOCL trades below its calculated fair value: price ₹54.52, fair value ₹118.16, a gap of about +117% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HOCL?
No. The price is what the market pays today (₹54.52); the fair value is what the company's own numbers justify (₹118.16). For HINDUSTAN ORGANIC CHEMICALS LTD. the two are ₹63.64 per share apart. That gap is exactly why we show both numbers side by side.
How much is HINDUSTAN ORGANIC CHEMICALS LTD. worth?
The market values HINDUSTAN ORGANIC CHEMICALS LTD. at about ₹3.7B (market capitalisation, as of Nov 4, 2026). Per share that is ₹54.52; our models calculate a fair value of ₹118.16 per share.
What do the bullish and bearish scenarios say about HOCL?
Our models span a range for HINDUSTAN ORGANIC CHEMICALS LTD.: cautious scenario ₹77.98, base ₹118.16, optimistic ₹147.70 per share (as of Nov 4, 2026, price ₹54.52). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
Balance-sheet figures for HINDUSTAN ORGANIC CHEMICALS LTD. (as of Nov 4, 2026): return on equity −1.3%, debt of 0.00 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is HOCL from its 52-week high?
HINDUSTAN ORGANIC CHEMICALS LTD. trades at ₹54.52, about 13% below its 52-week high of ₹62.42 and 148% above the low of ₹21.99 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ₹118.16 is for.
Which stocks are comparable to HINDUSTAN ORGANIC CHEMICALS LTD.?
From the same area (Basic Materials) we also value BASF SE, Saudi Basic Industries Corporation, Dow Inc, Ningxia Baofeng Energy Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is HINDUSTAN ORGANIC CHEMICALS LTD. stock attractive at the current price?
The data as of Nov 4, 2026: price ₹54.52, calculated fair value ₹118.16 (+117%), Quality Score 47/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HOCL calculated?
We run HINDUSTAN ORGANIC CHEMICALS LTD. through 1 models from 1 family: Asset-Based. Every model gets the same audited fundamentals; the fair value of ₹118.16 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. HINDUSTAN ORGANIC CHEMICALS LTD. currently trades 54% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
The closing price on Nov 6, 2026 was ₹54.52. Our model-based fair value is ₹118.16, about +117% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with HINDUSTAN ORGANIC CHEMICALS LTD. right now?
The large discount to fair value meets weak quality (47/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (₹77.98). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (₹77.98 to ₹147.70) leaves room in how you read the outcome.
Key figures of HINDUSTAN ORGANIC CHEMICALS LTD.
How large is the market capitalisation of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
The market capitalisation of HINDUSTAN ORGANIC CHEMICALS LTD. is ₹3.7B (≈ $39.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
The price-to-sales ratio of HINDUSTAN ORGANIC CHEMICALS LTD. is 0.68 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
Earnings per share at HINDUSTAN ORGANIC CHEMICALS LTD. are ₹−0.4000. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
The net margin of HINDUSTAN ORGANIC CHEMICALS LTD. is −0.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
The return on equity (ROE) of HINDUSTAN ORGANIC CHEMICALS LTD. is −1.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
On an EBIT basis the return on assets of HINDUSTAN ORGANIC CHEMICALS LTD. is 5.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
The operating margin of HINDUSTAN ORGANIC CHEMICALS LTD. is 4.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
Revenue at HINDUSTAN ORGANIC CHEMICALS LTD. is growing −41.4% versus a year earlier (3y avg −3.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL)?
Earnings per share at HINDUSTAN ORGANIC CHEMICALS LTD. are growing −97.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL) generate?
The free cash flow of HINDUSTAN ORGANIC CHEMICALS LTD. is −₹723M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does HINDUSTAN ORGANIC CHEMICALS LTD. (HOCL) carry?
The net debt of HINDUSTAN ORGANIC CHEMICALS LTD. is ₹2.8B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 4, 2026