Hampidjan stock reports stronger Kohinoor EBITDA
Published on 10/04/2026 at 19:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Hampidjan stock was last at ISK 86.00 on Nasdaq Iceland on October 2, 2026 at 10:14 a.m. GMT, with a daily change of 0.00 percent. The company is now paying additional consideration for Kohinoor Ropes after the Indian business exceeded the combined performance threshold set in the acquisition agreement, according to FT.com in an announcement dated October 1, 2026.
Kohinoor clears the payment threshold
Hampidjan acquired 75.1 percent of Kohinoor Ropes at the beginning of 2025. The purchase agreement tied additional consideration to EBITDA performance during the first two fiscal years after the transaction, linking the final payment directly to operating results.
The valuation used EBITDA of EUR 3.67 million for fiscal year 2024 and applied an acquisition multiple of 10.86. The agreement set EBITDA targets of EUR 4.45 million for fiscal year 2025 and EUR 5.52 million for fiscal year 2026, according to FT.com.
Fiscal 2026 EBITDA reaches EUR 6.2 million
Kohinoor did not reach the first annual target in full, but its combined EBITDA for the two fiscal years exceeded the contractual threshold of EUR 9.97 million. Fiscal 2026 EBITDA reached EUR 6.2 million, compared with EUR 3.67 million used as the basis for the acquisition valuation.
The result triggers an additional payment of EUR 2.07 million for each qualifying year, or EUR 4.14 million in total. The payment gives Hampidjan a higher immediate acquisition cost, while the operating result supplies a concrete measure of Kohinoor's contribution to the group.
India expansion adds an operating milestone
The announcement also describes a manufacturing expansion in Auric near Aurangabad. A first facility of 28,000 square meters is scheduled to start operations in the coming weeks, with production of fish-farming cages planned later in 2026, according to FT.com.
A second building of similar size and related office and service facilities are planned, bringing the site's total planned construction volume to 59,200 square meters. Hampidjan said production transferred from Lithuania is intended to reach full operation in 2028, making the India build-out a longer-term capacity project rather than a single-quarter event.
Stock remains within its yearly range
At ISK 86.00 on October 2, 2026, Hampidjan's stock stood above its 52-week low of ISK 82.50 and below its 52-week high of ISK 127.00. The quoted market capitalization was ISK 53.9 billion, and trading volume was 5,786 shares on the same date.
For investors, the key comparison is between the acquisition economics and the later operating result: Kohinoor's fiscal 2026 EBITDA of EUR 6.2 million exceeded the EUR 5.52 million target, while the additional payment confirms that the performance clause has been activated.
Hampidjan stock facts
- Company: Hampidjan Hf.
- Ticker: HAMP.IC
- Trading venue: Nasdaq Iceland
- Price (as of October 2, 2026, 10:14 a.m. GMT): ISK 86.00
- Market capitalization: ISK 53.9 billion (as of October 2, 2026)
- 52-week range: ISK 82.50-127.00 (as of October 2, 2026)
- Sector / Industry: Industrials / Conglomerates
