Hemisphere Properties India Ltd

AI

Hemisphere Properties India Ltd

₹ 112 -1.58%
01 Oct 10:33 a.m.
About

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]

Key Points

History[1]
In 2012, the Government of India, through the Department of Telecommunications, acquired a majority stake in HPIL, conferring upon it the status of a Central Public Sector Enterprise (CPSE). Subsequently, a Scheme of Arrangement between Tata Communications Limited and HPIL was approved by the NCLT in 2018 and by the Ministry of Corporate Affairs in August 2019, facilitating the legal transfer of identified land parcels to HPIL.

  • Market Cap ₹ 3,202 Cr.
  • Current Price ₹ 112
  • 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 7.44 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
0.12 0.13 0.13 0.13 0.20 0.23 0.24 0.24 0.24 0.24 0.26 0.26 0.15
2.22 2.31 2.24 7.00 2.53 2.44 2.55 3.38 2.51 2.76 2.62 2.60 1.77
Operating Profit -2.10 -2.18 -2.11 -6.87 -2.33 -2.21 -2.31 -3.14 -2.27 -2.52 -2.36 -2.34 -1.62
OPM % -1,750.00% -1,676.92% -1,623.08% -5,284.62% -1,165.00% -960.87% -962.50% -1,308.33% -945.83% -1,050.00% -907.69% -900.00% -1,080.00%
1.95 1.93 1.95 1.62 1.79 1.76 1.59 1.78 1.35 0.75 1.32 0.64 0.64
Interest 1.61 1.63 1.64 1.56 1.54 1.57 1.58 1.40 1.69 1.81 2.16 2.34 2.19
Depreciation 0.00 0.00 0.00 0.00 0.02 0.02 0.02 0.06 0.04 0.04 0.04 0.03 0.03
Profit before tax -1.76 -1.88 -1.80 -6.81 -2.10 -2.04 -2.32 -2.82 -2.65 -3.62 -3.24 -4.07 -3.20
Tax % 0.00% 0.00% 0.00% -35.98% 0.00% 0.00% 0.00% -62.41% 0.00% 0.00% 0.00% -57.99% 0.00%
-1.77 -1.88 -1.81 -4.36 -2.10 -2.04 -2.32 -1.06 -2.64 -3.62 -3.24 -1.72 -3.20
EPS in Rs -0.06 -0.07 -0.06 -0.15 -0.07 -0.07 -0.08 -0.04 -0.09 -0.13 -0.11 -0.06 -0.11
Raw PDF

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 TTM
0 0 0 0 0 0 0 2 1 1 1 1
0 0 0 0 0 9 16 10 14 11 10 10
Operating Profit -0 -0 -0 -0 -0 -9 -16 -8 -13 -10 -9 -9
OPM % -392% -2,550% -1,098% -958% -971%
0 0 0 0 0 0 3 7 7 7 4 3
Interest 0 0 0 0 0 1 6 7 6 6 8 8
Depreciation 0 0 0 0 1 0 0 0 0 0 0 0
Profit before tax 0 -0 -0 -0 -1 -10 -19 -8 -12 -9 -14 -14
Tax % 0% 0% -13% -25% -26% -20% -19% -20% -19% -17%
0 -0 -0 -0 -1 -7 -15 -6 -10 -8 -11 -12
EPS in Rs -0.03 -0.26 -0.52 -0.23 -0.34 -0.26 -0.39 -0.41
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -21%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: -13%
3 Years: -36%
TTM: -46%
Stock Price CAGR
10 Years: %
5 Years: -4%
3 Years: -1%
1 Year: -38%
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

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 -223,601 -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 Parcels with Completed Mutation (out of 5)
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Rental Income from Land Parcels
INR lakhs
Total Land Bank
acres
Fair Value of Land Bank
INR crores

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
51.12% 51.12% 51.12% 51.12% 51.12% 51.12% 51.12% 51.12% 51.12% 51.12% 51.12% 51.12%
0.62% 0.72% 1.14% 1.14% 1.21% 1.11% 1.24% 0.63% 0.79% 0.29% 1.65% 1.08%
0.35% 0.35% 0.33% 0.33% 0.33% 0.34% 0.39% 0.38% 0.36% 0.36% 0.34% 0.29%
47.91% 47.79% 47.41% 47.41% 47.35% 47.43% 47.25% 47.88% 47.74% 48.23% 46.88% 47.52%
No. of Shareholders 1,21,0451,23,6241,40,7761,36,8711,46,3061,46,4451,43,7921,41,2721,36,4181,35,2171,32,2591,29,095

* 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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