Hemisphere Properties India Ltd
Incorporated in 2005, Hemisphere Properties is a real estate entity with the mandate to hold, manage, and monetize surplus land identified during the disinvestment of Videsh Sanchar Nigam Limited (VSNL), presently known as Tata Communications Limited (TCL). These surplus land parcels were earmarked for transfer to a separate company to ensure their optimal utilization in a transparent and structured manner.[1]
- Market Cap ₹ 4,141 Cr.
- Current Price ₹ 146
- High / Low ₹ 191 / 111
- Stock P/E
- Book Value ₹ 15.2
- Dividend Yield 0.00 %
- ROCE -1.14 %
- ROE -2.70 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 9.58 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -2.47% over last 3 years.
- Debtor days have increased from 34.7 to 59.0 days.
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | |
| 0 | 0 | 0 | 0 | 0 | 9 | 16 | 10 | 14 | 11 | 10 | |
| Operating Profit | -0 | -0 | -0 | -0 | -0 | -9 | -16 | -8 | -13 | -10 | -9 |
| OPM % | -392% | -2,550% | -1,098% | -958% | |||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 3 | 7 | 7 | 7 | 4 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 6 | 7 | 6 | 6 | 8 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | -0 | -0 | -0 | -1 | -10 | -19 | -8 | -12 | -9 | -14 |
| Tax % | 0% | 0% | -13% | -25% | -26% | -20% | -19% | -20% | -19% | -17% | |
| 0 | -0 | -0 | -0 | -1 | -7 | -15 | -6 | -10 | -8 | -11 | |
| EPS in Rs | -0.03 | -0.26 | -0.52 | -0.23 | -0.34 | -0.26 | -0.39 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -21% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -13% |
| 3 Years: | -36% |
| TTM: | -49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 16% |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | -2% |
| Last Year: | -3% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 0.05 | 0.05 | 285 | 285 | 285 | 285 | 285 | 285 | 285 |
| Reserves | -0 | -0 | -0 | -0 | -1 | 92 | 87 | 81 | 71 | 114 | 149 |
| 1 | 1 | 1 | 1 | 4 | 41 | 68 | 65 | 62 | 60 | 87 | |
| 0 | 0 | 0 | 0 | 1 | 661 | 661 | 646 | 650 | 644 | 642 | |
| Total Liabilities | 1 | 1 | 1 | 1 | 289 | 1,079 | 1,102 | 1,076 | 1,068 | 1,102 | 1,163 |
| 0 | 0 | 0 | 0 | 282 | 933 | 944 | 944 | 947 | 947 | 948 | |
| CWIP | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 1 | 1 | 0 | 6 | 145 | 158 | 132 | 122 | 155 | 215 | |
| Total Assets | 1 | 1 | 1 | 1 | 289 | 1,079 | 1,102 | 1,076 | 1,068 | 1,102 | 1,163 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | -0 | 0 | -0 | -281 | 651 | -14 | -23 | -7 | -17 | -151 | |
| 0 | -0 | -0 | 0 | -0 | -650 | -7 | 6 | -101 | 25 | 62 | |
| 1 | 0 | -0 | -0 | 284 | 135 | 30 | -12 | -11 | 41 | 65 | |
| Net Cash Flow | 1 | -0 | -0 | -0 | 3 | 136 | 9 | -29 | -119 | 50 | -25 |
| Free Cash Flow | 0 | -0 | -0 | -0 | -282 | 652 | -14 | -23 | -7 | -17 | -151 |
| CFO/OP | -1,000% | 900% | -1,000% | 175% | 140,685% | -7,128% | 84% | 287% | 50% | 169% | 1,598% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 33 | 21 | 24 | 59 | |||||||
| Inventory Days | |||||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | 33 | 21 | 24 | 59 | |||||||
| Working Capital Days | -118,083 | -457,885 | -258,994 | -173,806 | |||||||
| ROCE % | 4% | 2% | -11% | -1% | -2% | -3% | -0% | -1% | -1% | -1% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Land Holding - Pune (Dighi/Bopkhel) Acres |
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| Rental Income (Revenue from Operations) INR Lakhs |
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| Total Land Holding Area Acres |
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| Number of Full-Time Employees Numbers |
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| Stamp Duty Provision for Land Mutation INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
-
Board Meeting Outcome for Outcome Of Board Meeting
20 May - Board approved FY26 audited results; HyperVault AI Data Center emerged H1 bidder for Pune land at Rs 640.50 crore.
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
12 May - Bopkhel, Pune land e-auction concluded on 12.05.2026; bids under evaluation, bidder and value pending.
-
Board Meeting Intimation for Notice Of Board Meeting.
11 May - Board meeting on May 20, 2026 to approve audited standalone results for year ended March 31, 2026.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
22 Apr - Company confirms it is not a large corporate for FY ended 31 March 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
22 Apr - Rajeev Kumar Das ceased as director; Suchit Goyal appointed effective 21 April 2026.
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.