HVAX Technologies Ltd

₹ 1,008 5.00%

01 Jul - close price

About

Established in 2010, HVAX Technologies Limited provides turnkey engineering, procurement, and execution of controlled environment and cleanroom infrastructure, design, engineering, and consulting services to pharmaceutical and healthcare companies.^[1]

Key Points

Business Profile^[1] The company supplies a range of products manufactured by third parties, including cleanroom wall and ceiling panels, covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, prefabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) equipment, and utility generation and distribution equipment.

Website NSE - ST

Market Cap ₹ 280 Cr.
Current Price ₹ 1,008
High / Low ₹ 1,029 / 462
Stock P/E 25.4
Book Value ₹ 259
Dividend Yield 0.00 %
ROCE 22.5 %
ROE 21.5 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company has delivered good profit growth of 42.0% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 27.9%

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Company has high debtors of 199 days.
Working capital days have increased from 142 days to 218 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.

Peer comparison

Industrials Construction Construction Civil Construction

Edit Columns

Loading peers table ...

Detailed Comparison with:

Half Yearly Results

Figures in Rs. Crores

	Sep 2023	Mar 2024	Sep 2024	Mar 2025
	29	77	46	85
	26	67	39	73
Operating Profit	3	10	7	12
OPM %	10%	13%	15%	14%
	0	1	0	0
Interest	1	1	1	1
Depreciation	1	0	1	1
Profit before tax	1	10	5	10
Tax %	25%	25%	27%	26%
	1	7	4	7
EPS in Rs	17.34	109.30	18.73	26.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	44	61	68	96	106	131
	41	55	61	87	92	112
Operating Profit	3	5	7	9	14	19
OPM %	7%	9%	10%	9%	13%	14%
	1	1	1	0	1	0
Interest	1	1	1	1	2	2
Depreciation	0	1	1	1	1	2
Profit before tax	3	5	6	7	13	15
Tax %	25%	29%	25%	26%	25%	26%
	2	4	4	5	9	11
EPS in Rs	30.96	60.30	67.76	84.29	137.76	39.76
Dividend Payout %	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	%
5 Years:	24%
3 Years:	24%
TTM:	24%

Compounded Profit Growth
10 Years:	%
5 Years:	42%
3 Years:	40%
TTM:	25%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	%

Return on Equity
10 Years:	%
5 Years:	31%
3 Years:	28%
Last Year:	22%

Balance Sheet

Figures in Rs. Crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	0.62	0.62	0.62	0.62	0.68	3
Reserves	5	7	11	17	30	69
	11	7	10	17	24	28
	11	22	32	44	9	22
Total Liabilities	28	37	54	78	64	122
	7	10	8	7	9	8
CWIP	0	0	0	0	0	0
Investments	1	1	0	1	0	0
	20	26	45	70	54	114
Total Assets	28	37	54	78	64	122

Cash Flows

Figures in Rs. Crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	2	8	-1	-4	-12	-22
	-1	-4	2	-0	-2	0
	-1	-4	2	6	10	31
Net Cash Flow	0	-1	3	2	-4	10

Ratios

Figures in Rs. Crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	92	98	106	124	86	199
Inventory Days	26	24	130	114	109	95
Days Payable	92	77	74	53	32	72
Cash Conversion Cycle	25	45	162	184	162	222
Working Capital Days	29	3	38	67	141	218
ROCE %		36%	32%	27%	30%	22%

Shareholding Pattern

Numbers in percentages

	Dec 2024	Mar 2025
	66.65%	66.65%
	9.35%	9.29%
	0.41%	0.70%
	23.60%	23.36%
No. of Shareholders	535	508

	Mar 2025
	66.65%
	9.29%
	0.70%
	23.36%
No. of Shareholders	508

* 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.

Documents

Announcements

All

Annual reports

No data available.

Concalls

May 2025
Transcript
PPT
REC