About Hindustan Composites

About

Hindustan Composites Limited was incorporated on 1st July, 1964, and as of March 31, 2026, the company has an authorized share capital of ₹8.00 crore and a paid-up share capital of ₹7.38 crore (specifically ₹7,38,45,000), consisting of 1,47,69,000 equity shares of a face value of ₹5 each, while carrying a book value of ₹775.49 per share. The company is steered and run by a highly professional board of directors and a strong management team.

The Company is engaged in metal trading and investment activities.

Investment Philosophy

The Company has a diversified strategy for the investments with capital protection being the key philosophy.

Mission / Vision

  • To deliver excellence and delight to stakeholders.
  • To ensure a dynamic, resilient, productive organization responsive to change, where the employees feel challenged, yet cared for

Joint Venture

ADVICS India Pvt. Ltd. Hindustan Composites Limited has a Joint Venture with ADVICS India Pvt. Ltd., an affiliate of ADVICS CO. LTD Japan (jointly owned by Aisin Seiki Co. Ltd, Denso Corporation, Sumitomo Electric Industries Ltd. and Toyota Motor Corporation), who are world leaders in passenger vehicle brake systems and friction materials. A JV Company, with the shareholding of both the parties, has been established for the manufacturing of Disc Brake Pads in Chhatrapati Sambhaji Nagar, Aurangabad, Maharashtra, with technology provided by ADVICS, Japan.

Information of the Joint Venture Company is as follows:

  • The JV Company is engaged in the manufacturing of Disc Brake Pads and related components for Passenger Vehicles.
  • JV Company is known as COMPO ADVICS (INDIA) PRIVATE LIMITED.
  • The Company has been incorporated in Mumbai and has its production unit located in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra.
  • Hindustan Composites Ltd. and its affiliated Company hold 51%, and ADVICS India Pvt Ltd. holds 49% of the shareholding in the JV Company.
Joint Venture