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 ₹ 3,447 Cr.
- Current Price ₹ 121
- 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 7.95 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 | 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: | -2% |
| 3 Years: | 2% |
| 1 Year: | -30% |
| 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 | -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) count |
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| Rental Income from Land Parcels INR lakhs |
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| Total Land Bank acres |
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| Fair Value of Land Bank INR crores |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
- C&AG appoints Aggarwal & Rampal as statutory auditor for FY 2026-27, effective 8 September 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- In compliance with Section 108 of the Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 and Regulation 30 and …
-
Business Responsibility and Sustainability Reporting (BRSR)
- Submitted BRSR for FY 2025-26 as part of the annual report.
-
Reg. 34 (1) Annual Report.
- 22nd AGM on 28 Sep 2026; annual report notes Bopkhel Pune land e-auction with ₹300 crore consideration.
-
Notice Of 22Nd Annual General Meeting (AGM) And Annual Report Of Hemisphere Properties India Ltd ('HPIL' /'The Company') For The Financial Year 2025-26
- 22nd AGM on 28 September 2026; annual report issued, with director appointments and e-voting dates fixed.
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.