Hi-Green Carbon Ltd

Hi-Green Carbon Ltd

₹ 179 -3.16%
05 Jul - close price
About

Incorporated in 2011, Hi-Green Carbon Limited is engaged in the business of waste tire recycling.[1]

Key Points

Parent Organisation[1] Hi-Green Carbon Ltd. (HGCL) is a part of Radhe Group Energy, based in Rajkot, Gujarat. The Group's core focus is on Renewable Energy with a diversified portfolio varying from castings, consumer goods, corporate farming, packaging, and herbal products.

  • Market Cap 448 Cr.
  • Current Price 179
  • High / Low 243 / 75.4
  • Stock P/E 43.6
  • Book Value 30.2
  • Dividend Yield 0.00 %
  • ROCE 40.0 %
  • ROE 42.4 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 52.4% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 50.3%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Chemicals

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Mar 2023 Sep 2023 Mar 2024
44 34 33 37
34 24 25 27
Operating Profit 10 10 8 10
OPM % 22% 31% 25% 26%
0 0 0 0
Interest 1 1 1 1
Depreciation 2 2 1 2
Profit before tax 8 8 6 8
Tax % 24% 22% 16% 35%
6 7 5 5
EPS in Rs 3.04 3.46 2.08 2.04
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
26 25 24 51 79 70
20 17 20 42 59 52
Operating Profit 6 8 4 9 20 18
OPM % 24% 30% 15% 18% 25% 25%
0 0 0 0 0 0
Interest 1 1 1 1 1 1
Depreciation 3 3 3 3 3 3
Profit before tax 2 4 0 5 16 14
Tax % 44% 27% 15% 20% 23% 27%
1 3 0 4 12 10
EPS in Rs 0.66 1.41 0.12 1.96 6.50 4.11
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 22%
3 Years: 43%
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: 52%
3 Years: 260%
TTM: -17%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 44%
3 Years: 50%
Last Year: 42%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 19 19 19 19 19 25
Reserves -14 -11 -11 -7 5 51
13 14 18 16 14 24
9 6 7 5 7 6
Total Liabilities 27 28 33 33 45 105
15 17 16 17 18 18
CWIP 0 0 0 0 2 8
Investments 0 0 0 0 0 5
12 10 17 16 25 75
Total Assets 27 28 33 33 45 105

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
12 1 -0 6 7 -3
-3 -5 -1 -4 -6 -37
-9 4 1 -3 -0 50
Net Cash Flow -0 0 -0 -0 0 10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 29 31 45 32 26
Inventory Days 112 124 231 101 93
Days Payable 190 160 158 52 33
Cash Conversion Cycle -50 -5 118 81 86
Working Capital Days -74 16 97 62 84
ROCE % 22% 3% 22% 53%

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024
71.83% 71.83% 71.86%
6.94% 6.40% 5.87%
3.74% 0.27% 0.00%
17.49% 21.50% 22.29%
No. of Shareholders 1,9571,5441,683

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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