HVAX Technologies Ltd
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]
- Market Cap ₹ 181 Cr.
- Current Price ₹ 653
- High / Low ₹ 1,025 / 623
- Stock P/E 12.7
- Book Value ₹ 312
- Dividend Yield 0.00 %
- ROCE %
- ROE 16.5 %
- Face Value ₹ 10.0
Pros
Cons
- Earnings include an other income of Rs.7.11 Cr.
- Company has high debtors of 191 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| 164 | |
| 147 | |
| Operating Profit | 17 |
| OPM % | 10% |
| 7 | |
| Interest | 3 |
| Depreciation | 1 |
| Profit before tax | 20 |
| Tax % | 25% |
| 15 | |
| EPS in Rs | 51.53 |
| Dividend Payout % | 0% |
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| 1 Year: | -35% |
| Return on Equity | |
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| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| Equity Capital | 3 |
| Reserves | 84 |
| 41 | |
| 27 | |
| Total Liabilities | 154 |
| 7 | |
| CWIP | 0 |
| Investments | 0 |
| 147 | |
| Total Assets | 154 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| -14 | |
| -1 | |
| 10 | |
| Net Cash Flow | -5 |
| Free Cash Flow | -15 |
| CFO/OP | -53% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| Debtor Days | 191 |
| Inventory Days | 147 |
| Days Payable | 74 |
| Cash Conversion Cycle | 265 |
| Working Capital Days | 164 |
| ROCE % |
Insights
In beta| Mar 2010 | Mar 2016 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Average Project Execution Timeline Days ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Structural Digital Database
29 May 2026 - Compliance certificate confirms SDD maintained; 3 required events captured for FY ended March 31, 2026.
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Change in Management
22 May 2026 - Board appointed Rajendra Prasad Kharita CFO; approved FY26 audited results and RPTs up to Rs75 crore for FY27.
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Appointment
22 May 2026 - Board approved CFO appointment, FY26 audited results, and RPTs up to Rs 75 crore and Rs 2 crore.
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Outcome of Board Meeting
22 May 2026 - On May 22, 2026, HVAX appointed a new CFO, approved FY26 audited results, and acquired 80% of Krew Instruments.
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Change in Management
21 May 2026 - Mr. Siddharth Rajendrakumar Patel resigned as CFO effective May 21, 2026, citing pre-occupation.
Annual reports
Concalls
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Nov 2025TranscriptPPT
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Sep 2025TranscriptAI SummaryPPT
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May 2025TranscriptPPTREC
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.