Hi-Green Carbon Ltd
Incorporated in 2011, Hi-Green Carbon Limited is engaged in the business of waste tire recycling.[1]
- Market Cap ₹ 508 Cr.
- Current Price ₹ 203
- High / Low ₹ 243 / 75.4
- Stock P/E 43.1
- Book Value ₹ 29.8
- Dividend Yield 0.00 %
- ROCE 52.6 %
- ROE 68.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.0%
- Debtor days have improved from 34.3 to 26.1 days.
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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 26 | 25 | 24 | 51 | 79 | 68 | |
| 20 | 17 | 20 | 42 | 59 | 49 | |
| Operating Profit | 6 | 8 | 4 | 9 | 20 | 19 |
| OPM % | 24% | 30% | 15% | 18% | 25% | 28% |
| 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 | 15 |
| Tax % | 44% | 27% | 15% | 20% | 23% | |
| 1 | 3 | 0 | 4 | 12 | 12 | |
| EPS in Rs | 0.66 | 1.41 | 0.12 | 1.96 | 6.50 | 5.54 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 47% |
| TTM: | 54% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 67% |
| TTM: | 232% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| Last Year: | 68% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 25 |
| Reserves | -14 | -11 | -11 | -7 | 5 | 49 |
| 13 | 14 | 18 | 16 | 14 | 13 | |
| 9 | 6 | 7 | 5 | 7 | 14 | |
| Total Liabilities | 27 | 28 | 33 | 33 | 45 | 101 |
| 15 | 17 | 16 | 17 | 18 | 18 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 12 | 10 | 17 | 16 | 25 | 81 | |
| Total Assets | 27 | 28 | 33 | 33 | 45 | 101 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 12 | 1 | -0 | 6 | 7 | |
| -3 | -5 | -1 | -4 | -6 | |
| -9 | 4 | 1 | -3 | -0 | |
| Net Cash Flow | -0 | 0 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 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% |
Documents
Announcements
Annual reports
No data available.
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.