Hindustan Hardy shareholders and shareholding pattern

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HINDUSTAN HARDY LIMITED · Face value ₹10 · Listed Jan 1986

₹809.00₹3.35 (0.41%)

Share price at the BSE close on 28 Oct 2026. Previous close ₹812.35.

28 Oct: open ₹818.80, high ₹818.80, low ₹790.00

52-week range of traded prices to 28 Oct 2026

₹657.05Low, 3 Sep 2026₹1,240.00High, 12 Nov 2025

Next results date: the board meets on 5 Nov 2026 to consider: quarterly results. Results calendar

Market cap: ₹121 Cr2,767th largest listed
P/E: 18.44
P/B: 3.23
Dividend yield: 0.35%
ROE: 19.6%
ROCE: 17.3%
Debt to equity: 0.25
Volume, BSE: 175

Hindustan Hardy's shareholding pattern for Sep 2026, filed on 16 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Hindustan Hardy, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters66.16%
Indian institutionsNone
Individuals and others33.84%

Shareholding pattern, per cent, from Sep 2022

Promoters
Indian institutions
Individuals and others

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	66.23%	66.23%	66.23%	66.23%	66.16%	66.16%	66.16%	66.16%	66.16%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%
Indian promoters	40.20%	40.20%	40.20%	40.20%	40.13%	40.13%	66.16%	66.16%	66.16%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.11%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%
Foreign promoters	26.03%	26.03%	26.03%	26.03%	26.03%	26.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
	33.77%	33.77%	33.77%	33.77%	33.84%	33.84%	33.84%	33.84%	33.84%	33.89%	33.89%	33.89%	33.89%	33.89%	33.89%	33.89%	33.89%	33.89%	33.89%	33.89%	33.89%	33.89%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Mutual funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	–
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	21.26%	21.23%	21.37%	21.57%	21.82%	22.06%	22.86%	23.02%	23.69%	23.70%	23.61%	23.69%	23.90%	24.19%	24.21%	22.87%	22.98%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.93%	4.93%	4.93%	4.93%	4.68%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	4.48%	4.48%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.47%	2.52%	2.55%	2.35%	2.48%	3.42%	2.65%	2.36%	1.59%	1.42%	1.42%	1.43%	1.45%	1.30%	1.28%	1.47%	1.39%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.12%	0.11%	0.08%	0.09%	0.09%	0.15%	0.18%	0.26%	0.35%	0.32%	0.42%	0.29%	0.27%	0.25%	0.28%	0.29%	0.27%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.08%	4.08%	4.08%	4.08%	4.08%	4.09%	4.09%	4.09%	4.09%	4.09%	4.08%	4.08%	4.08%	4.07%	4.04%	4.01%	4.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.98%	0.97%	0.84%	0.83%	0.69%	0.77%	0.71%	0.76%	0.78%	0.97%	0.96%	1.00%	0.80%	0.68%	0.69%	0.72%	0.71%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.05%	0.05%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.85%	0.85%	0.76%	0.75%	0.66%	0.67%	0.65%	0.74%	0.76%	0.85%	0.84%	0.85%	0.78%	0.68%	0.66%	0.64%	0.59%
Firm	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.11%	0.11%	0.08%	0.08%	0.03%	0.09%	0.05%	0.02%	0.01%	0.12%	0.12%	0.15%	0.02%	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.03%	0.07%
Shares in issue	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450	14,98,450

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Hindustan Hardy shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	4,118	4,106	4,009	3,954	3,218	3,250	3,179	3,153	3,079	3,053	3,043	3,033	3,029	2,945	2,945	2,932	2,854	2,829	3,027	3,095	3,063	3,239	3,222	3,169	3,162	3,168	3,167	3,250	3,364	3,611	3,756	3,948	4,126	4,176	4,304	4,514	4,433	4,408	4,297	4,240
	9	9	9	9	7	7	6	6	6	3	3	3	3	3	3	3	3	3	3	3	3	3	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Indian promoters	8	8	8	8	6	6	6	6	6	3	3	3	3	3	3	3	3	3	3	3	3	3	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Foreign promoters	1	1	1	1	1	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
	4,109	4,097	4,000	3,945	3,211	3,243	3,173	3,147	3,073	3,050	3,040	3,030	3,026	2,942	2,942	2,929	2,851	2,826	3,024	3,092	3,060	3,236	3,217	3,164	3,157	3,163	3,162	3,245	3,359	3,606	3,751	3,943	4,121	4,171	4,299	4,509	4,428	4,403	4,292	4,235
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Mutual funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	–
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,163	3,156	3,162	3,161	3,244	3,358	3,605	3,750	3,942	4,120	4,170	4,298	4,508	4,427	4,402	4,291	4,234
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,036	3,036	3,045	3,049	3,128	3,233	3,475	3,615	3,811	3,979	4,030	4,149	4,348	4,279	4,258	4,144	4,091
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	26	25	25	24	24	27	27	26	26	24	23	26	25	26	19	21	20
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	21	19	19	19	24	31	33	39	41	49	49	48	53	49	49	49	45
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	77	73	70	66	65	65	68	68	62	66	66	73	80	71	74	75	76
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	2	1	–	–	–	–	–	–	–	–	–	–	–	6	7	5
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	69	68	65	63	63	62	65	65	60	63	63	67	75	71	66	66	68
Firm	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	3	4	3	2	3	3	3	2	3	3	6	5	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	3

Hindustan Hardy promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is XLO INDIA LTD, 66.07%.Promoter buying and selling

Holder
XLO INDIA LTDIndian companies, trusts and others	66.07%	9,89,993
MALLIKA SANJAYA SARANIndividuals and Hindu undivided families	0.03%	375
LATE SANJAYA CHANDRABHUSHAN SARANIndividuals and Hindu undivided families	0.03%	501
DEVAKI SARANIndividuals and Hindu undivided families	0.03%	375
ARATI SARANIndividuals and Hindu undivided families	0.01%	150

No promoter shares are reported as pledged.

Largest public holders of Hindustan Hardy, filing by filing

Per cent, on the same shares as the split above.

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
HITESH RAMJI JAVERIResident individuals, over ₹2 lakh at face value	1.42%	1.42%	2.58%	2.95%	2.95%	2.95%	2.95%	2.95%	2.95%	2.95%	2.95%	2.95%	3.00%	3.01%	3.01%	–	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	3.35%	4.48%	4.48%
INVESTOR EDUCATION AND PROTECTION FUND AInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.08%	4.08%	4.08%	4.08%	4.08%	4.09%	4.09%	4.09%	4.09%	4.09%	4.08%	4.08%	4.08%	4.07%	4.04%	4.01%	4.01%
KRISHAN KANT ARORAResident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.06%
ANUPRIYA CONSULTANTS PVT LTDCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%
RADHABAI RAMJI JAVERIResident individuals, up to ₹2 lakh at face value	–	–	–	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	–	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	–
DEVIKA ANANDResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	1.03%	1.08%	1.11%	1.11%	1.49%	1.49%	–	1.58%	1.58%	1.58%	1.58%	1.58%	1.58%	1.58%	1.58%	1.58%	1.58%	1.58%	1.34%	–	–	–	–	–	–	–	–	–	–	–	–
SAURASHTRA SOLID INDUST PVT LTDCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.01%	1.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
DILIPKUMAR LAKHIResident individuals, over ₹2 lakh at face value	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	–	1.45%	1.45%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Individuals and others: RADHABAI RAMJI JAVERI no longer named, from 1.13%; KRISHAN KANT ARORA newly named at 1.06%