Hindprakash Industries Ltd (NSE:HPIL) Days Payable: 8.03 (As of Mar. 2026) — 74% Below Median


NSE:HPIL Hindprakash Industries Ltd NSE:HPIL
78 GF Score
Price ₹126.92
GF Value ₹141.18
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Hindprakash Industries Ltd Days Payable?

Hindprakash Industries Ltd NSE:HPIL +0.33% 78 Days Payable is 8.03 as of Mar. 2026, which is 74% below its 10-year median of 31.46. GuruFocus rates NSE:HPIL with a GF Score™ of 78/100 and a GF Value™ of ₹141.18 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,550 Chemicals companies, Hindprakash Industries Ltd ranks worse than 77.94% on this metric.

Hindprakash Industries Ltd's average Accounts Payable for the three months ended in Mar. 2026 was ₹24 Mil. Hindprakash Industries Ltd's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹272 Mil. Hence, Hindprakash Industries Ltd's Days Payable for the three months ended in Mar. 2026 was 8.03.

The historical rank and industry rank for Hindprakash Industries Ltd's Days Payable or its related term are showing as below:

NSE:HPIL' s Days Payable Range Over the Past 10 Years
Min: 12.53   Med: 31.46   Max: 51.71
Current: 32.05

During the past 10 years, Hindprakash Industries Ltd's highest Days Payable was 51.71. The lowest was 12.53. And the median was 31.46.

NSE:HPIL's Days Payable is ranked worse than
77.94% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs NSE:HPIL: 32.05

Hindprakash Industries Ltd's Days Payable declined from Mar. 2025 (24.52) to Mar. 2026 (8.03). It may suggest that Hindprakash Industries Ltd accelerated paying its suppliers.


Hindprakash Industries Ltd Days Payable Historical Data

* Premium members only.

The historical data trend for Hindprakash Industries Ltd's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hindprakash Industries Ltd Days Payable Chart

Hindprakash Industries Ltd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.53 34.88 51.71 41.18 21.60

Hindprakash Industries Ltd Quarterly Data
Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.52 32.72 47.69 69.92 8.03

NSE:HPIL vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Hindprakash Industries Ltd's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hindprakash Industries Ltd Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hindprakash Industries Ltd's Days Payable distribution charts can be found below:

* The bar in red indicates where Hindprakash Industries Ltd's Days Payable falls into.


NSE:HPIL
78GF Score
Hindprakash Industries Ltd NSE:HPIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindprakash Industries Ltd Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Hindprakash Industries Ltd's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (95.731 + 23.913) / 2 ) / 1010.778*365
=59.822 / 1010.778*365
=21.60

Hindprakash Industries Ltd's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 23.913) / 1 ) / 271.866*365 / 4
=23.913 / 271.866*365 / 4
=8.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 8.03 mean?
Hindprakash Industries Ltd (NSE:HPIL) has a Days Payable of 8.03 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hindprakash Industries Ltd and its competitors. This is 74% below median its historical median of 31.46. Over the past decade, Hindprakash Industries Ltd's Days Payable has ranged from 12.53 to 51.71. According to the industry distribution chart, Hindprakash Industries Ltd ranks #1208 out of 1550 companies in the Chemicals industry, placing it in the top 77.9%.
Is Hindprakash Industries Ltd's Days Payable too high?
Hindprakash Industries Ltd's current Days Payable of 8.03 is 74% below median its 10-year median of 31.46. Over the past 10 years, this metric has ranged from a low of 12.53 to a high of 51.71. The Chemicals industry median Days Payable is 59.80. Hindprakash Industries Ltd's value of 8.03 is 86.6% below this industry median. Based on the distribution chart, Hindprakash Industries Ltd ranks #1208 out of 1550 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Hindprakash Industries Ltd has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindprakash Industries Ltd's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hindprakash Industries Ltd ranks #1208 out of 1550 companies for Days Payable. This places Hindprakash Industries Ltd in the lower half of its industry. The industry median Days Payable is 59.80. Hindprakash Industries Ltd's value of 8.03 is 86.6% below this benchmark. Historically, Hindprakash Industries Ltd's own Days Payable has ranged from 12.53 to 51.71 over the past decade. While the company's 10-year median is 31.46 vs. the industry median of 59.80, Hindprakash Industries Ltd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindprakash Industries Ltd's current Days Payable of 8.03 is 86.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hindprakash Industries Ltd and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindprakash Industries Ltd's current Days Payable is 8.03, which is 74% below median its own 10-year median of 31.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindprakash Industries Ltd stock overvalued right now?
Based on GuruFocus' analysis, Hindprakash Industries Ltd (NSE:HPIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹141.18, compared to a current price of ₹126.92 — trading 10.1% below its estimated fair value. The current Days Payable is 8.03, which is 74% below median its 10-year median of 31.46 and 86.6% below the Chemicals industry median of 59.80. Hindprakash Industries Ltd's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Hindprakash Industries Ltd (NSE:HPIL), the current Days Payable is 8.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hindprakash Industries Ltd (NSE:HPIL) Overvalued in 2026?

Based on GuruFocus' analysis, Hindprakash Industries Ltd stock appears to be undervalued. The current stock price of ₹126.92 is trading 10.1% below its estimated GF Value™ of ₹141.18. GuruFocus considers Hindprakash Industries Ltd to be Modestly Undervalued.

Key valuation signals for NSE:HPIL:

  • Days Payable: 8.03 (74% below median its 10-year median of 31.46)
  • GF Value™: ₹141.18 vs. price of ₹126.92 (10.1% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 86.6% below the Chemicals median (#1208 of 1550)

No single metric tells the full story. See the NSE:HPIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindprakash Industries Ltd Business Description

Other Exchanges 543645:India
Address 301, Hindprakash House, Plot No. 10/6, Phase-I, GIDC, Vatva, Ahmedabad, GJ, IND, 382 445
Hindprakash Industries Ltd is an Indian company engaged in the manufacturing, dealing, and trading of dyes, intermediates, auxiliary, chemicals, and other merchandise. Its products include Dyestuff, Dyes intermediates, Textile chemicals and aux, and Water treatments. The company earns revenues from the manufacturing of dyes.
78GF Score

Get the complete analysis for NSE:HPIL

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹126.92
Price
₹141.18
GF Value