Price
Financials
Standalone, Rs crore| Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.15 | 0.15 | 0.15 | 0.15 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.74 | 11.66 |
| Expenses | 0.13 | 0.19 | 0.15 | 0.30 | 0.33 | 0.45 | 0.18 | 0.27 | 0.25 | 0.34 | 2.15 | 17.48 |
| Operating Profit | 0.02 | -0.04 | 0.00 | -0.15 | -0.28 | -0.45 | -0.18 | -0.27 | -0.25 | -0.34 | -1.41 | -5.82 |
| OPM % | 13.33% | -26.67% | 0.00% | -100.00% | -560.00% | -190.54% | -49.91% | |||||
| Other Income | 0.00 | 0.04 | 0.19 | 0.00 | 0.01 | 0.84 | 0.00 | 0.01 | 0.00 | 0.15 | 0.00 | 0.02 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.78 | 3.71 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | -0.02 | 0.00 | 0.00 | 0.58 | 1.61 |
| Profit before tax | -0.01 | -0.03 | 0.16 | -0.18 | -0.30 | 0.37 | -0.20 | -0.24 | -0.25 | -0.19 | -2.77 | -11.12 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.11% | 0.00% | 12.50% | -20.00% | -57.89% | -19.86% | -25.63% |
| Net Profit | -0.01 | -0.02 | 0.17 | -0.18 | -0.30 | 0.34 | -0.20 | -0.27 | -0.20 | -0.08 | -2.22 | -8.27 |
| EPS in Rs | -0.02 | -0.04 | 0.37 | -0.39 | -0.65 | 0.74 | -0.43 | -0.59 | -0.43 | -0.17 | -4.83 | -17.98 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 12 |
| Expenses | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 4 | 1 | 1 | 1 | 20 |
| Operating Profit | -1 | -1 | -1 | -1 | -2 | -1 | -0 | -4 | 0 | -1 | -1 | -8 |
| OPM % | -2,300% | -6,500% | -3,050% | -5,800% | -15,200% | -13% | -660% | 8% | -244% | -63% | ||
| Other Income | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Profit before tax | 0 | -0 | -0 | -0 | -1 | -0 | 0 | -4 | -0 | 0 | -1 | -14 |
| Tax % | -46% | -109% | 500% | 0% | 0% | 0% | 0% | 0% | 60% | -15% | ||
| Net Profit | 0 | 0 | -0 | -0 | -1 | -0 | 0 | -4 | -0 | 0 | -1 | -11 |
| EPS in Rs | 0.57 | 0.02 | -0.38 | -0.07 | -2.20 | -0.80 | 0.00 | -8.52 | -0.02 | 0.07 | -1.63 | -23.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | % | 24700% | ||
| Compounded Profit Growth | % | % | 22% | -2405% | ||
| Stock Price CAGR | 42% | 24% | 12% | % | ||
| Return on Equity | -12% | -39% | -33% | -57% |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | 7 | 7 | 6 | 5 | 4 | 3 | 3 | -1 | -1 | -1 | -1 | -12 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110 | 174 |
| Other Liabilities | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 19 | 29 |
| Total Liabilities | 10 | 10 | 9 | 7 | 6 | 6 | 6 | 2 | 2 | 2 | 130 | 194 |
| Fixed Assets | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 118 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 101 | 20 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 7 | 7 | 7 | 5 | 4 | 4 | 4 | 1 | 1 | 0 | 27 | 56 |
| Total Assets | 10 | 10 | 9 | 7 | 6 | 6 | 6 | 2 | 2 | 2 | 130 | 194 |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -2 | -1 | -1 | -1 | 1 | 2 | -3 | -0 | 0 | 0 | -1 | -13 |
| Cash from Investing Activity | 2 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | -0 | -0 | 1 | -96 |
| Cash from Financing Activity | -0 | 0 | 0 | 0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 110 |
| Net Cash Flow | 0 | -0 | -0 | 0 | -0 | 2 | -2 | 0 | -0 | -0 | 0 | 0 |
| Free Cash Flow | -1 | -0 | -1 | -1 | 1 | 2 | -3 | -0 | 0 | 0 | -0 | -110 |
| CFO/OP | 284% | 84% | 132% | 44% | -157% | -100% | 320% | 343% | -3% | 20% | 70% | 1,276% |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 12,775 | 12,775 | 36,135 | 17,885 | 36,500 | 0 | 0 | 0 | 0 | 0 | ||
| Inventory Days | 1,278 | 821 | 456 | 548 | 182 | |||||||
| Days Payable | 1,369 | 1,278 | 1,369 | 1,460 | 1,460 | |||||||
| Cash Conversion Cycle | 12,684 | 12,319 | 35,222 | 16,972 | 35,222 | 0 | 0 | 0 | 0 | 0 | ||
| Working Capital Days | 62,658 | 72,878 | 231,045 | 110,048 | 174,835 | 63,145 | 2,601 | 19 | 43 | 41 | ||
| ROCE % | -4% | 3% | -1% | 1% | 2% | -15% | -5% | 0% | -106% | -2% | -46% | -2% |
| Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% |
| Public | 25.09% | 25.09% | 25.09% | 25.09% | 25.09% | 25.09% | 25.09% | 25.10% | 25.10% | 25.10% | 25.10% | 25.09% |
| No. of Shareholders | 1,153 | 1,177 | 1,147 | 1,190 | 1,425 | 1,381 | 1,348 | 1,350 | 1,304 | 1,274 | 1,256 | 1,327 |
Fundamentals
Market Cap₹ 129 Cr.
Current Price₹ 278
Book Value₹ -20.8
ROCE-1.56 %
ROE-57.0 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)24700%
Compounded Profit Growth (TTM)-2405%
Standalone figures.
Valuation
P/E, 3-year average1522.90x
P/B, 3-year average15.93x
P/E, 5-year average1522.90x
P/B, 5-year average10.15x
Profitability
Net margin, latest quarter-70.93%
ROE-57.03%
ROCE-1.56%
ROA-1.14%
ROE, 3-year average-18.62%
ROCE, 3-year average0.26%
ROA, 3-year average-0.08%
ROE, 5-year average-40.49%
ROCE, 5-year average-26.33%
ROA, 5-year average-25.58%
ROIC (approx.)-11.05%
Tax rate14.77%
Other income / net worth17.39%
Growth
Profit growth (latest year)-2600.00%
Sales growth QoQ1475.68%
Per share
EPS (TTM)Rs -23.24
EPS (latest quarter)Rs -17.85
EPS, 3-year averageRs 0.02
EPS, 5-year averageRs -2.81
Book value per shareRs 1.99
Cash flow per shareRs -28.64
Free cash flow per shareRs -237.40
Efficiency
Creditor days1460 days
Cash conversion cycle0 days
Working capital days41 days
Leverage
Total debtRs 110 Cr
Cash and bankRs 0 Cr
Net debtRs 110 Cr
Debt to equity119.42x
Owners' fund to total sources0.71%
Debt to assets84.73%
Cash flow
Cash from Operating Activity (latest year)Rs -13 Cr
Cash from Investing Activity (latest year)Rs -96 Cr
Cash from Financing Activity (latest year)Rs 110 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -110 Cr
Statement figures
Sales (latest quarter)Rs 12 Cr
Operating profit (latest quarter)Rs -6 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -14 Cr
PBDT (TTM)Rs -14 Cr
Profit before tax (TTM)Rs -14 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs -11 Cr
Net profit (latest year)Rs -1 Cr
Net profit (latest quarter)Rs -8 Cr
Depreciation (latest quarter)Rs 2 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 2 Cr
ReservesRs -1 Cr
Shareholders' fundsRs 1 Cr
Total assetsRs 130 Cr
Net blockRs 1 Cr
Capital work in progressRs 101 Cr
Other liabilitiesRs 19 Cr
Shares outstanding (crore)0.46
Ownership
Promoter holding74.91% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 1 of 6No red flags in the latest statements and filings.
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
Sep 2023Sales ₹12 Cr.
Net loss ₹8 Cr.
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 HG Industries Ltd(Merged)?
HG Industries Ltd(Merged) (HIMGRANITE) has a market capitalisation of Rs 129 Cr. at the close.
What were HG Industries Ltd(Merged)'s latest quarterly results?
In the Sep 2023 quarter, HG Industries Ltd(Merged) sales was Rs 12 Cr with a net loss of Rs 8 Cr.