Hindprakash Industries Ltd (NSE:HPIL) Inventory Turnover: 1.83 (As of Mar. 2026)

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NSE:HPIL Hindprakash Industries Ltd NSE:HPIL
75 GF Score
Price ₹124.65
GF Value ₹141.29
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hindprakash Industries Ltd Inventory Turnover?

Hindprakash Industries Ltd NSE:HPIL -1.07% 75 Inventory Turnover is 1.83 as of Mar. 2026. GuruFocus rates NSE:HPIL with a GF Score™ of 75/100 and a GF Value™ of ₹141.29 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hindprakash Industries Ltd's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹272 Mil. Hindprakash Industries Ltd's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹149 Mil. Hindprakash Industries Ltd's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hindprakash Industries Ltd's Days Inventory for the three months ended in Mar. 2026 was 49.98.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Hindprakash Industries Ltd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.48.

Hindprakash Industries Ltd  (NSE:HPIL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hindprakash Industries Ltd's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=148.894/271.866*365 / 4
=49.98

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Hindprakash Industries Ltd's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=148.894 / 308.013
=0.48

* 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.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hindprakash Industries Ltd Inventory Turnover Related Terms

Hindprakash Industries Ltd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hindprakash Industries Ltd's Inventory Turnover 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 Inventory Turnover Chart

Hindprakash Industries Ltd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.26 5.87 5.11 4.58 5.71

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
Inventory Turnover 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 1.74 1.30 1.49 1.02 1.83
NSE:HPIL
75GF Score
Hindprakash Industries Ltd NSE:HPIL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindprakash Industries Ltd Inventory Turnover Calculation

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

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=1010.778 / ((205.013 + 148.894) / 2 )
=1010.778 / 176.9535
=5.71

Hindprakash Industries Ltd's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=271.866 / ((0 + 148.894) / 1 )
=271.866 / 148.894
=1.83

* 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 Inventory Turnover →
What does a Inventory Turnover of 1.83 mean?
Hindprakash Industries Ltd (NSE:HPIL) has a Inventory Turnover of 1.83 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hindprakash Industries Ltd and its competitors.
Is Hindprakash Industries Ltd's Inventory Turnover too high?
Hindprakash Industries Ltd's current Inventory Turnover is 1.83. Overall, Hindprakash Industries Ltd has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindprakash Industries Ltd's Inventory Turnover compare to LIN and SHW?
Hindprakash Industries Ltd's Inventory Turnover of 1.83 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Chemicals company?
A good Inventory Turnover depends on the Chemicals industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hindprakash Industries Ltd and its competitors. Hindprakash Industries Ltd's current Inventory Turnover is 1.83. 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 ₹141.29, compared to a current price of ₹124.65 — trading 11.8% below its estimated fair value. The current Inventory Turnover is 1.83. Hindprakash Industries Ltd's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Hindprakash Industries Ltd (NSE:HPIL), the current Inventory Turnover is 1.83 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 ₹124.65 is trading 11.8% below its estimated GF Value™ of ₹141.29. GuruFocus considers Hindprakash Industries Ltd to be Modestly Undervalued.

Key valuation signals for NSE:HPIL:

  • Inventory Turnover: 1.83
  • GF Value™: ₹141.29 vs. price of ₹124.65 (11.8% below fair value)
  • GF Score™: 75/100 with 2 warning signs

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.
75GF Score

Get the complete analysis for NSE:HPIL

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

₹124.65
Price
₹141.29
GF Value