Risk factor
Very poor trading liquidity
Profitability factor
Poor growth
About
Established in 1964 and headquartered in Mumbai, India, Hindustan Composites Limited specializes in the development, manufacturing, and distribution of fiber-based friction materials throughout the country. Their comprehensive product line of friction solutions encompasses automotive brake linings, industrial and automotive roll linings, automotive clutch facings with ceramic buttons, disc brake pads for vehicles, railway brake blocks, and various friction sheets. Additionally, the company provides industrial thrust bearings and a range of insulation products, including millboard sheets, millboard discs, compestos, and compestos rings. Hindustan Composites serves a diverse array of sectors, such as automotive, railways, engineering, mining, aerospace, steel, chemical, and oil exploration.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, o