---
title: "Highland Industries Ltd (507940) — Share Price, Financials & Analysis"
symbol: "507940"
company: "Highland Industries Ltd"
canonical: "https://tapetide.com/stocks/507940"
isin: "INE672D01012"
bse_code: "507940"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T19:58:58.524Z"
---

# Highland Industries Ltd (507940)

Canonical page: https://tapetide.com/stocks/507940

## Company

- **BSE Code:** 507940
- **ISIN:** INE672D01012
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** highlandil.co.in

## About

Highland Industries Ltd. incorporated in 1985, produces tea in India.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.0%
- Debtor days have improved from 121 to 55.2 days.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 139% | 138% |
| revenue growth | 91% | 101% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- |
| Sales | 22 | 23 | 37 | 42 |
| Expenses | 17 | 18 | 28 | 33 |
| Operating Profit | 5 | 5 | 8 | 9 |
| OPM % | 21 | 21 | 23 | 21 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 4 | 4 | 8 | 8 |
| Tax % | 23 | 27 | 24 | 25 |
| Net Profit | 3 | 3 | 6 | 6 |
| EPS in Rs | 115.55 | 5.78 | 7.57 | 8.04 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- |
| Sales | 21 | 72 | 92 | 175 |
| Expenses | 21 | 72 | 92 | 175 |
| Operating Profit | 0 | 0 | 0 | 1 |
| OPM % | 0.3 | 0 | 0.2 | 0.4 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 1 |
| Tax % | 17 | 11 | 30 | 33 |
| Net Profit | 0 | 0 | 0 | 1 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- |
| Equity Capital | 1 | 1 | 1 | 1 |
| Reserves | -1 | 0 | 0 | 1 |
| Borrowings | 2 | 3 | 6 | 1 |
| Other Liabilities | 10 | 36 | 44 | 52 |
| Total Liabilities | 12 | 40 | 51 | 55 |
| Fixed Assets | 1 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 2 | 3 | 11 | 25 |
| Other Assets | 9 | 37 | 39 | 30 |
| Total Assets | 12 | 40 | 51 | 55 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -2 | 0 | -12 |
| Cash from Investing Activity | 0 | -1 | -1 | -1 |
| Cash from Financing Activity | 0 | 2 | 1 | 44 |
| Net Cash Flow | 0 | 0 | 0 | 31 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- |
| Debtor Days | 145 | 179 | 129 | 55 |
| Inventory Days | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 145 | 179 | 129 | 55 |
| Working Capital Days | -16 | 6 | -18 | -48 |
| ROCE % | — | 12 | 7 | 21 |

## Shareholding Pattern

### annual

| Category | Mar 2025 | Sep 2025 |
| --- | --- | --- |
| Promoters | 58.12% | 58.12% |
| FIIs | 5.09% | 0% |
| DIIs | 7.3% | 3.22% |
| Public | 29.49% | 38.67% |
| No. of Shareholders | 1041 | 854 |

### Quarterly

| Category | Mar 2025 | Sep 2025 |
| --- | --- | --- |
| Promoters | 58.12% | 58.12% |
| FIIs | 5.09% | 0% |
| DIIs | 7.3% | 3.22% |
| Public | 29.49% | 38.67% |
| No. of Shareholders | 1041 | 854 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 4 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 10830.7 | Sell |
| EMA (10) | 10711.82 | Sell |
| SMA (20) | 11036.53 | Sell |
| EMA (20) | 10768.1 | Sell |
| SMA (50) | 10305.97 | Sell |
| EMA (50) | 10414.23 | Sell |
| SMA (100) | 9610.26 | Buy |
| EMA (100) | 10105.68 | Buy |
| SMA (200) | 10448.76 | Sell |
| EMA (200) | 9649.62 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.92 | Neutral |
| MACD (12,26,9) | 34.27 | Sell |
| Stochastic (14,3,3) | 9.26 | Buy |
| ADX (14) | 18.03 | Neutral |
| Williams %R (14) | -94.78 | Buy |
| ATR (14) | 424.69 | High Volatility |
| ROC (12) | -5.59 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 38.58 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 31 Jan - 31 Jan 2026: proposes 75% acquisition of Shri Green Agro; to enter CBG renewable energy segment. | [Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2013 31 Jan - 31 Jan 2026: proposes 75% acquisition of Shri Green Agro; to enter CBG renewable energy segment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/24772f61-94f8-4b7b-bcc8-b71ce93232cc.pdf) |
| 26 Feb - Subscribed 200,000 shares for Rs.2,000,000; now 75% owner; Shri Green Agro becomes subsidiary (25 Feb 2026) | [Announcement under Regulation 30 (LODR)-Acquisition 26 Feb - Subscribed 200,000 shares for Rs.2,000,000; now 75% owner; Shri Green Agro becomes subsidiary (25 Feb 2026)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f20023e-7f54-4fd3-89bb-21a2af3ddf6a.pdf) |
| 21 Feb - Shareholders approved MOA alteration on Feb 19, 2026 adding biogas, CBG, manpower, vehicle and machinery hire businesses. | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 21 Feb - Shareholders approved MOA alteration on Feb 19, 2026 adding biogas, CBG, manpower, vehicle and machinery hire businesses.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5aeda5e-f92a-4cee-ad96-3d81890a725b.pdf) |
| 21 Feb - Desco Infratech special resolution to alter main object passed; 4,726,434 votes (61.5741%) polled; postal ballot ended Feb 19, 2026. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 21 Feb - Desco Infratech special resolution to alter main object passed; 4,726,434 votes (61.5741%) polled; postal ballot ended Feb 19, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2862a0d2-13a1-4bea-bb72-ea009ca24f6b.pdf) |
| 16 Feb - Secured Rs.40.43 Crore orders from Sun Drops Energia and KP Energy for solar and cable works. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 16 Feb - Secured Rs.40.43 Crore orders from Sun Drops Energia and KP Energy for solar and cable works.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb0a1f28-e2d6-4e10-bf54-fe7242afed4f.pdf) |
| 16 Feb - Received Rs.40.43 Cr orders (Rs.39.33 Cr solar, Rs.1.09 Cr cable laying) dated Feb 16, 2026. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 16 Feb - Received Rs.40.43 Cr orders (Rs.39.33 Cr solar, Rs.1.09 Cr cable laying) dated Feb 16, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b36caed8-c679-4d4b-81e3-df7d35ffed5a.pdf) |
| 13 Feb - Desco received BPCL LOI for steel, MDPE, and last-mile pipeline works across six states. | [Intimation Of Receipt Of Multi-State Letter Of Intent (LOI) 13 Feb - Desco received BPCL LOI for steel, MDPE, and last-mile pipeline works across six states.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3e6e6ef6-c68d-4543-a80a-38ea47490b4a.pdf) |
| 12h - LOI dated March 9, 2026 from Aavantika Gas Ltd for Rs.2,94,75,864.28 for MDPE laying and LMC in Indore. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 12h - LOI dated March 9, 2026 from Aavantika Gas Ltd for Rs.2,94,75,864.28 for MDPE laying and LMC in Indore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/23e49652-9d5a-4419-b018-3e852d617cc4.pdf) |
| 11h - Promoter Pankaj Pruthu Desai purchased 13,000 shares (0.16%) on March 2, 2026; Form C filed for disclosure under Reg 7(2). | [Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015 11h - Promoter Pankaj Pruthu Desai purchased 13,000 shares (0.16%) on March 2, 2026; Form C filed for disclosure under Reg 7(2).](https://www.bseindia.com/xml-data/corpfiling/AttachLive/60a44585-1bb5-4c95-8092-f6c6980bbd7f.pdf) |
| 11h - Promoter Pankaj Desai purchased 13,000 shares (₹2,110,810) on 02.03.2026; Form C filed 04.03.2026. | [Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015 11h - Promoter Pankaj Desai purchased 13,000 shares (₹2,110,810) on 02.03.2026; Form C filed 04.03.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b75a09db-7e2f-4f4b-93d6-c7031e8693cd.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a4a7e2fb-445a-4c7b-a1e6-4927c9e99dc7.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ff049b12-0d37-444c-8cb2-2d70cb5845cd.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/404a7139-ef34-4588-a8b5-9c79ed0165f0.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:58:58.524Z.