Hemisphere Properties India Ltd
The company was formed as part of the disinvestment exercise carried out by the Government of India in respect of its holdings in the erstwhile VSNL (currently known as Tata Communications Limited).
The company currently owns or have access to 739.69 acres of land, transferred to our Company in terms of the Scheme of Arrangement. The Surplus Land has been transferred as a part of the overall scheme of disinvestment of the erstwhile Videsh Sanchar Nigam Limited. Upon completion of the transfer, the Company will seek to develop and/or transfer the Surplus Land in accordance with the policies of the Ministry of Housing and Urban Affairs and our management.[1]
- Market Cap ₹ 4,125 Cr.
- Current Price ₹ 145
- High / Low ₹ 191 / 109
- Stock P/E
- Book Value ₹ 14.0
- Dividend Yield 0.00 %
- ROCE -0.73 %
- ROE -1.99 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 10.4 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -2.15% over last 3 years.
* 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.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.52 | 0.91 | 0.95 | |
0.01 | 0.02 | 0.02 | 0.12 | 0.20 | 9.13 | 15.95 | 9.83 | 13.78 | 10.90 | 10.88 | |
Operating Profit | -0.01 | -0.02 | -0.02 | -0.12 | -0.20 | -9.13 | -15.95 | -7.83 | -13.26 | -9.99 | -9.93 |
OPM % | -391.50% | -2,550.00% | -1,097.80% | -1,045.26% | |||||||
0.06 | 0.06 | 0.04 | 0.02 | 0.10 | 0.37 | 3.16 | 6.53 | 7.45 | 6.92 | 6.48 | |
Interest | 0.05 | 0.05 | 0.05 | 0.05 | 0.24 | 1.32 | 5.84 | 6.69 | 6.44 | 6.09 | 6.24 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.68 | 0.00 | 0.01 | 0.02 | 0.02 | 0.12 | 0.14 |
Profit before tax | 0.00 | -0.01 | -0.03 | -0.15 | -1.02 | -10.08 | -18.64 | -8.01 | -12.27 | -9.28 | -9.83 |
Tax % | 0.00% | 0.00% | -13.33% | -25.49% | -26.09% | -20.28% | -19.23% | -19.97% | -18.97% | ||
0.00 | -0.01 | -0.03 | -0.13 | -0.76 | -7.45 | -14.86 | -6.47 | -9.82 | -7.52 | -8.06 | |
EPS in Rs | -0.03 | -0.26 | -0.52 | -0.23 | -0.34 | -0.26 | -0.28 | ||||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 61% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
TTM: | 21% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 15% |
1 Year: | -20% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | -2% |
Last Year: | -2% |
Balance Sheet
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 0.05 | 0.05 | 0.05 | 285.00 | 285.00 | 285.00 | 285.00 | 285.00 | 285.00 |
Reserves | -0.04 | -0.05 | -0.08 | -0.21 | -0.92 | 91.63 | 87.34 | 80.87 | 71.06 | 113.52 |
1.00 | 1.00 | 1.00 | 1.00 | 3.91 | 41.00 | 68.03 | 64.99 | 62.30 | 59.79 | |
0.33 | 0.16 | 0.39 | 0.31 | 1.17 | 660.95 | 661.42 | 645.57 | 649.92 | 643.68 | |
Total Liabilities | 1.34 | 1.16 | 1.36 | 1.15 | 289.16 | 1,078.58 | 1,101.79 | 1,076.43 | 1,068.28 | 1,101.99 |
0.00 | 0.00 | 0.00 | 0.00 | 282.10 | 933.12 | 943.59 | 944.26 | 946.67 | 947.27 | |
CWIP | 0.21 | 0.39 | 0.71 | 0.73 | 0.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
1.13 | 0.77 | 0.65 | 0.42 | 6.33 | 145.46 | 158.20 | 132.17 | 121.61 | 154.72 | |
Total Assets | 1.34 | 1.16 | 1.36 | 1.15 | 289.16 | 1,078.58 | 1,101.79 | 1,076.43 | 1,068.28 | 1,101.99 |
Cash Flows
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
0.09 | -0.20 | 0.17 | -0.21 | -281.37 | 650.76 | -13.74 | -22.96 | -6.63 | -16.86 | |
0.00 | -0.18 | -0.32 | 0.00 | -0.06 | -649.92 | -7.32 | 5.84 | -101.34 | 25.47 | |
1.01 | 0.01 | -0.01 | -0.05 | 284.31 | 135.04 | 30.29 | -11.80 | -11.41 | 41.40 | |
Net Cash Flow | 1.10 | -0.37 | -0.16 | -0.26 | 2.88 | 135.89 | 9.23 | -28.92 | -119.38 | 50.01 |
Ratios
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32.85 | 21.06 | 24.07 | |||||||
Inventory Days | ||||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 32.85 | 21.06 | 24.07 | |||||||
Working Capital Days | -118,082.98 | -457,885.48 | -258,993.57 | |||||||
ROCE % | 3.98% | 2.03% | -11.05% | -0.54% | -2.48% | -2.98% | -0.30% | -1.37% | -0.73% |
Documents
Announcements
-
Board Meeting Intimation for Notice Of Board Meeting
17h - Board meeting on Oct 28, 2025 to approve Q2 unaudited results for quarter ended Sept 30, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Oct - Certificate under SEBI Reg 74(5) for quarter ended 30 Sep 2025; demat/remat details furnished to exchanges.
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
3 Oct - E-auction for Bopkhel, Pune land on 03.10.2025 concluded with no bids; company to review next steps.
-
Additional Information On Intimation Dated 27.09.2025
30 Sep - Collector approved Pune land sale at ₹130.56 crore; e-auction scheduled 01-03 Oct 2025.
- Closure of Trading Window 29 Sep
Land Parcels [1]
Company has land parcels of around 740 acre across four major cities - Delhi (Greater Kailash: 69.46 acre, Chattarpur: 58 acre), Pune (524 acre), Chennai (53.04 acre) and Kolkata (35.19 acre).
Except for two land parcels (Chattarpur and Kolkata), the rest are tied up in litigation. Further, years of ignorance has led to encroachment of land parcels as well. Almost 70 per cent of the land (524 acre) is in Pune, adjacent to the Defence establishment. Developing this property may require clearances from the Ministry of Defence which may delay the execution work.