MarketFriction

Hiliks Technologies Ltd

BSE 539697 · Investment Company
₹61.10 -3.81%
BSE close2026-10-01
Market cap₹85.7 Cr.
P/E50.1

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.040.020.901.052.041.842.051.793.818.0415.9411.39
Expenses0.33-0.030.380.791.581.491.611.353.308.1614.8210.32
Operating Profit-0.290.050.520.260.460.350.440.440.51-0.121.121.07
OPM %-725.00%250.00%57.78%24.76%22.55%19.02%21.46%24.58%13.39%-1.49%7.03%9.39%
Other Income0.010.000.020.000.000.000.000.000.000.000.020.00
Interest0.000.000.000.010.070.000.010.060.000.000.010.00
Depreciation0.000.000.000.150.200.200.230.240.240.150.070.06
Profit before tax-0.280.050.540.100.190.150.200.140.27-0.271.061.01
Tax %0.00%0.00%11.11%0.00%0.00%0.00%85.00%0.00%0.00%0.00%35.85%0.00%
Net Profit-0.280.040.480.100.190.150.030.140.27-0.260.691.01
EPS in Rs-0.550.070.800.170.320.180.030.150.27-0.240.640.94
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.360.000.542.024.5710.0810.353.770.996.9829.5939.18
Expenses0.340.140.611.964.489.7410.163.540.895.1827.6436.60
Operating Profit0.02-0.14-0.070.060.090.340.190.230.101.801.952.58
OPM %5.56%-12.96%2.97%1.97%3.37%1.84%6.10%10.10%25.79%6.59%6.58%
Other Income0.060.240.230.220.120.010.000.010.030.000.020.02
Interest0.000.000.000.010.010.020.010.040.010.380.070.01
Depreciation0.000.000.000.020.040.070.110.080.020.780.690.52
Profit before tax0.080.100.160.250.160.260.070.120.100.641.212.07
Tax %50.00%30.00%25.00%32.00%37.50%19.23%100.00%25.00%60.00%26.56%31.40%
Net Profit0.050.070.120.170.090.210.000.080.050.460.841.71
EPS in Rs0.100.140.240.330.180.410.000.160.080.520.781.61
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth55%24%99%408%
Compounded Profit Growth33%32%119%235%
Stock Price CAGR20%36%53%28%
Return on Equity3%3%3%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.085.085.085.085.085.085.085.085.086.008.8210.75
Reserves-0.040.000.080.190.370.460.670.660.751.7211.6315.90
Borrowings0.000.000.000.000.000.120.100.070.050.020.000.00
Other Liabilities0.010.000.000.540.963.757.9711.542.662.001.518.58
Total Liabilities5.055.085.165.816.419.4113.8217.358.549.7421.9635.23
Fixed Assets0.000.000.000.000.060.180.120.080.010.780.760.27
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments1.001.500.000.000.000.001.501.501.501.501.502.01
Other Assets4.053.585.165.816.359.2312.2015.777.037.4619.7032.95
Total Assets5.055.085.165.816.419.4113.8217.358.549.7421.9635.23
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.030.030.08-0.01-0.410.901.20-0.19-0.02-0.95-11.12-4.47
Cash from Investing Activity-4.02-0.17-0.090.100.34-0.29-1.53-0.06-0.01-0.79-0.76-0.71
Cash from Financing Activity4.100.000.000.000.000.12-0.01-0.02-0.031.8512.255.36
Net Cash Flow0.11-0.13-0.020.09-0.070.73-0.34-0.27-0.060.110.370.18
Free Cash Flow0.030.030.080.59-0.490.751.17-0.25-0.03-1.74-11.88-4.67
CFO/OP-17%150%-79%14%-617%1,067%353%-68%17%-930%-618%-229%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.00425.830.000.000.000.000.000.000.000.00
Inventory Days0.000.000.000.000.000.000.00
Days Payable
Cash Conversion Cycle0.00425.830.000.000.000.000.000.000.000.00
Working Capital Days30.4294.63135.52-2.40-23.5438.79122.96962.27722.68256.45
ROCE %1.58%1.95%3.07%4.85%3.06%4.87%1.37%2.74%1.62%7.24%5.44%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters9.84%8.33%8.33%8.33%8.33%6.41%5.87%5.67%5.26%4.65%4.65%4.65%
Public90.16%91.68%91.67%91.67%91.67%93.59%94.13%94.34%94.73%95.35%95.34%95.35%
No. of Shareholders1,1301,1041,1161,2471,3401,6051,8421,9292,0102,4482,3712,399

Fundamentals

Market Cap₹ 85.7 Cr.
Current Price₹ 65.7
Stock P/E50.1
Book Value₹ 24.8
ROCE5.44 %
ROE3.57 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)408%
Compounded Profit Growth (TTM)235%
Standalone figures.
Valuation
Market capRs 66 Cr
Enterprise valueRs 65 Cr
P/E (TTM)38.41x
Price to book2.46x
Price to sales1.68x
EV / EBITDA24.41x
EV / EBIT30.34x
EV / sales1.66x
Earnings yield2.60%
P/E, 3-year average164.04x
P/B, 3-year average2.11x
P/E, 5-year average133.52x
P/B, 5-year average1.55x
Profitability
Operating margin (excl. other income)6.59%
Operating margin (incl. other income)6.66%
EBITDA margin6.79%
Pre-tax margin5.28%
Net profit margin4.36%
Net margin, latest quarter8.87%
ROE3.57%
ROCE5.44%
ROA2.94%
ROE, 3-year average2.52%
ROCE, 3-year average4.76%
ROA, 3-year average2.13%
ROE, 5-year average2.24%
ROCE, 5-year average3.68%
ROA, 5-year average1.75%
ROIC (approx.)5.67%
Tax rate31.41%
Other income / net worth0.07%
Growth
Sales growth (latest year)323.93%
Profit growth (latest year)82.61%
Sales CAGR, 3 years98.73%
Sales CAGR, 5 years24.03%
Profit CAGR, 3 years118.98%
Profit CAGR, 5 years31.95%
Sales growth QoQ-28.54%
Profit growth QoQ46.38%
Sales growth YoY (latest quarter)536.31%
Profit growth YoY (latest quarter)621.43%
Per share
EPS (TTM)Rs 1.59
EPS (latest year)Rs 0.78
EPS (latest quarter)Rs 0.94
EPS, 3-year averageRs 0.46
EPS, 5-year averageRs 0.39
Book value per shareRs 24.79
Sales per shareRs 36.45
Cash flow per shareRs -4.16
Free cash flow per shareRs -4.34
Efficiency
Asset turnover0.84x
Fixed asset turnover109.59x
Cash conversion cycle0 days
Working capital days256 days
Leverage
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Net debt / EBITDA-0.28x
Interest coverage30.57x
Owners' fund to total sources75.65%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 5 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -5 Cr
Cash from ops / profit, 5 years-11.71x
Statement figures
Net sales (TTM)Rs 39 Cr
Net sales (latest year)Rs 30 Cr
Sales (latest quarter)Rs 11 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 24 Cr
Total expenditure (latest year)Rs 28 Cr
Total income (latest year)Rs 30 Cr
Share capitalRs 11 Cr
ReservesRs 16 Cr
Shareholders' fundsRs 27 Cr
Total assetsRs 35 Cr
Net blockRs 0 Cr
InvestmentsRs 2 Cr
Other liabilitiesRs 9 Cr
Shares outstanding (crore)1.07
Ownership
Promoter holding4.65% (-1.02 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 38.4 is at the 7th percentile of its own 7.4-year range (median 84.2, low 29.9, high 391.4).
P/B 2.46 is at the 54th percentile (median 2.36).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period539697Nifty 50Difference
1 week-6.0%-2.8% -3.2 pts
1 month-4.1%-6.8% +2.7 pts
3 months-16.7%-7.6% -9.1 pts
3 years+222.1%+14.2% +207.9 pts
5 years+299.3%+27.9% +271.5 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -1225% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 15% of total assets in 2026
explainShare dilution Share count up 23% in a year, 112% in three
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹11 Cr +536.3% vs Jun 2025. Net profit ₹1 Cr +621.4%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Hiliks Technologies Ltd?

Hiliks Technologies Ltd (539697) has a market capitalisation of Rs 85.7 Cr. at the 2026-10-01 close.

What is the P/E ratio of Hiliks Technologies Ltd?

Hiliks Technologies Ltd trades at a P/E of 50.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Hiliks Technologies Ltd's latest quarterly results?

In the Jun 2026 quarter, Hiliks Technologies Ltd sales was Rs 11 Cr (+536.3% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03