Industrials • Railway wagons, jute goods and cyanide chemicals
Hindusthan Engineering & Industries Limited (HEIL) is an unlisted public company with its registered office in Kolkata. It is part of the Hindusthan Group. As its annual report puts it, the company is mainly engaged in production of railway wagons and railway rolling stock, jute goods and chemicals. The business runs in three segments. The Engineering division makes railway rolling stock, points and crossing and steel castings. The Jute division, Dalhousie Jute Company at Champdany in West Bengal, makes jute goods. The Chemicals division, Hindusthan Chemicals Company at Olpad near Surat in Gujarat, makes sodium cyanide, potassium cyanide, diphenyl guanidine and MPBAD cyanohydrin. The works are spread across West Bengal, Rajasthan, Haryana, Madhya Pradesh and Gujarat. On a consolidated basis, revenue from operations was ₹2,74,732 lakh in FY26, down from ₹2,94,985 lakh in FY25. Profit after tax was ₹17,204 lakh against ₹21,834 lakh, and basic and diluted EPS was ₹116.98. Engineering contributed ₹2,16,071 lakh of FY26 revenue, Jute ₹40,063 lakh and Chemicals ₹18,598 lakh. Almost all of it came from within India. The company has one wholly owned subsidiary, Hindusthan Vidyut Corporation Limited, which was formed to set up a power plant and has not started any business. The company is controlled by a promoter group. Hindusthan Consultancy and Services Ltd holds 41.44% and Promain Limited holds 9.80% of the equity. Vikram Aditya Mody is the Executive Chairman. The paid-up capital is 1,47,06,776 equity shares of ₹10 each. At the indicative price of ₹875 a share, the implied market cap is about ₹1286.84 crore. This is not a listed price. HEIL has not listed on any stock exchange, and this page does not show a linked IPO. Unlisted shares of a company like this change hands off-market between buyers and sellers, so the price shown here is only indicative and no exchange sets it. The lot size we track is 100 shares.
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Data refreshed 08 Nov 2026, 07:30 pm IST.