Hi-Green Carbon Ltd.

•

higreencarbon.comBSE: -NSE: HIGREEN

Market Cap₹ 303 Cr.

Current Price

High / Low₹ 232 / 101

Stock P/E36.2

Book Value₹ 34

Price to Book5.90

Dividend Yield0.00 %

ROCE13.9 %

ROE13.1 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Chemicals

Hold

The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.

Confidence

55%

View full sector analysis →

PROS

Company has a good return on equity (ROE) track record: 3 Years ROE 34.1%
Company has a healthy return on capital (ROCE) of 29.6%
Operating margins have improved to 20.5% from 17.4%
Working capital cycle has improved - days down from 155 to 75
Company comfortably covers its interest (11.3x coverage)
Company maintains a comfortable, low leverage position

CONS

Equity base is being diluted - shares outstanding up 31.5%
Stock is trading at 5.9x its book value
Rich enterprise valuation - EV/EBITDA of 26.1x

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ChemicalsChemicalsCarbon Black

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	HSCL	670.80	42.35	33846.84	0.12	228.43	27.36	1431.88	28.04	22.42	20.11
2.	PCBL	328.90	50.01	12940.99	1.82	154.93	64.64	2473.37	17.00	7.64	15.99
3.	GOACARBON	387.65	38.95	354.74	0.00	-6.58	17.18	65.70	-67.02	-4.49	-6.71
4.	HIGREEN	121.10	88.18	302.63	0.00	—	—	—	—	12.79	—

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	24	51	78	70	88
	21	42	58	52	70
Operating Profit	3	9	20	18	18
OPM %	13.51%	17.26%	25.67%	25.46%	20.55%
	0	0	0	0	2
Interest	0	1	1	1	1
Depreciation	3	3	3	3	6
Profit before Tax	0	5	16	14	13
Tax %	27.35%	21.18%	22.73%	26.61%	19.60%
Net Profit	0	4	12	10	11
EPS	0.05	1.94	6.50	4.11	4.23
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: 20%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 42%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: -46%

RETURN ON EQUITY

10 Years:: —
5 Years:: 28%
3 Years:: 34%
Last Year:: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	19	19	19	25	25
	-11	-7	5	51	61
	17	15	13	21	18
Trade Payables	7	5	4	1	3
	-2	-1	4	9	6
Total Liabilities	30	31	45	105	113
	16	17	18	18	58
Capital Work in Progress	0	0	2	8	0
	0	0	0	5	7
	10	9	12	11	17
	0	0	0	8	7
Cash & Bank	0	0	0	10	0
	3	5	13	45	25
Total Assets	30	31	45	105	113

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-1	7	10	-2	16
Cash from Investing	-1	-4	-6	-38	-22
Cash from Financing	2	-3	-4	50	-4
	-0	-0	0	10	-10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	71.86	71.86	71.86	71.88	71.87	71.91	71.91	71.92	71.92
	4.48	3.67	3.03	2.22	2.04	1.75	0.92	0.23	0.23
	0.61	0.65	1.68	2.47	2.47	2.46	0.28	0.28	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	23.05	23.82	23.43	23.42	23.62	23.88	26.89	27.58	27.85

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for HIGREEN

Loading news…

🤖

AI Stock Analyst

Hi-Green Carbon Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

HSCL

670.80

42.35

33846.84

0.12

228.43

27.36

1431.88

28.04

22.42

20.11

PCBL

328.90

50.01

12940.99

1.82

154.93

64.64

2473.37

17.00

7.64

15.99

GOACARBON

387.65

38.95

354.74

0.00

-6.58

17.18

65.70

-67.02

-4.49

-6.71

HIGREEN

121.10

88.18

302.63

0.00

—

12.79

—

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Operating Profit

OPM %

13.51%

17.26%

25.67%

25.46%

20.55%

Interest

Depreciation

Profit before Tax

Tax %

27.35%

21.18%

22.73%

26.61%

19.60%

Net Profit

EPS

0.05

1.94

6.50

4.11

4.23

Dividend Payout %

0.00%

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

-11

-7

Trade Payables

-2

-1

Total Liabilities

105

113

Capital Work in Progress

Cash & Bank

Total Assets

105

113

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-1

-2

Cash from Investing

-1

-4

-6

-38

-22

Cash from Financing

-3

-4

-0

-10

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

71.86

71.88

71.87

71.91

71.92

4.48

3.67

3.03

2.22

2.04

1.75

0.92

0.23

0.61

0.65

1.68

2.47

2.46

0.28

0.00

Government

0.00

23.05

23.82

23.43

23.42

23.62

23.88

26.89

27.58

27.85

Hi-Green Carbon Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Hi-Green Carbon Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI