Hi-Green Carbon Ltd
HIGREEN NSE
Hi-Green Carbon Ltd
UtilitiesNSE: HIGREEN Waste Management
Key Fundamentals
SMEWaste ManagementUtilitiesMarket Cap
₹319 Cr
Volatility
Moderate
P/E Ratio
92.5
EBITDA
₹17.31 Cr
Return on Equity
12.84%
Debt to Equity
0.7
Book Value
₹36.05
52W High
₹232.2
52W Low
₹101.2
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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30 extracted metrics + investor summaries across FY23–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Debtor days have improved from 30.8 to 19.6 days.
- Company's working capital requirements have reduced from 63.9 days to 21.9 days
Weaknesses
4- Stock is trading at 3.68 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.6% over last 3 years.
- Company might be capitalizing the interest cost
Growth Rate
Revenue Growth
40.22% ↘
Net Income Growth
-78.38% ↘
Cash Flow Change
775.41% ↗
ROE
-5.66% ↘
ROCE
-25.16% ↘
EBITDA Margin (Avg.)
-42.84% ↘
Quarterly Results
| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 44 | 34 | 33 | 37 | 36 | 61 | 69 | 70 |
| Expenses | 34 | 24 | 25 | 27 | 29 | 49 | 58 | 57 |
| Operating Profit | 10 | 10 | 8 | 10 | 7 | 12 | 11 | 12 |
| OPM % | 22% | 31% | 25% | 26% | 20% | 20% | 15% | 18% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 2 | 1 | -5 |
| Interest | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 1 | 2 | 1 | 5 | 5 | 5 |
| PBT | 8 | 8 | 6 | 8 | 6 | 8 | 6 | 2 |
| Tax % | 24% | 22% | 16% | 35% | 7% | 25% | 21% | 182% |
| Net Profit | 6 | 7 | 5 | 5 | 5 | 6 | 5 | -1 |
| EPS in Rs | 3.04 | 3.46 | 2.08 | 2.04 | 2.12 | 2.33 | 1.89 | -0.52 |
Profit & Loss
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 78 | 70 | 97 | 139 |
| Expenses | 58 | 52 | 77 | 116 |
| Operating Profit | 20 | 18 | 19 | 23 |
| OPM % | 26% | 25% | 20% | 17% |
| Other Income | 0 | 0 | 2 | -3 |
| Interest | 1 | 1 | 2 | 2 |
| Depreciation | 3 | 3 | 6 | 11 |
| PBT | 16 | 14 | 14 | 8 |
| Tax % | 23% | 27% | 18% | 55% |
| Net Profit | 12 | 10 | 11 | 3 |
| EPS in Rs | 6.5 | 4.11 | 4.45 | 1.37 |
| Div. Payout % | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 19 | 25 | 25 | 25 |
| Reserves | 5 | 51 | 62 | 65 |
| Borrowings | 14 | 24 | 47 | 63 |
| Other Liabilities | 8 | 6 | 7 | 20 |
| Total Liabilities | 45 | 105 | 141 | 173 |
| Fixed Assets | 18 | 22 | 69 | 68 |
| CWIP | 2 | 8 | 9 | 52 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 26 | 75 | 64 | 54 |
| Total Assets | 45 | 105 | 141 | 173 |
Cash Flow
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Operating | 10 | -2 | 12 | 16 |
| Investing | -6 | -38 | -44 | -30 |
| Financing | -4 | 50 | 22 | 14 |
| Net Cash Flow | 0 | 10 | -10 | 0 |
| Free Cash Flow | 4 | -15 | -40 | -37 |
| CFO/OP | 50 | 18 | 70 | 83 |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 26 | 41 | 32 | 20 |
| Inventory Days | 93 | 98 | 113 | 93 |
| Days Payable | 33 | 6 | 22 | 49 |
| Cash Conversion Cycle | 86 | 133 | 123 | 63 |
| Working Capital Days | 20 | 101 | 69 | 22 |
| ROCE % | — | 22% | 12% | 10% |
Documents
1
Certificate under SEBI (Depositories and Participants) Regulations, 2018
11 Jul - Regulation 74(5) certificate submitted for quarter ended June 30, 2026. 11 Jul - Regulation 74(5) certificate submitted for quarter ended June 30, 2026.
2
Structural Digital Database
3 Jul - Submitted SDD compliance certificate for April 1, 2026 to July 2, 2026. 3 Jul - Submitted SDD compliance certificate for April 1, 2026 to July 2, 2026.
3
Analysts/Institutional Investor Meet/Con. Call Updates
8 Jun - Transcript of June 2, 2026 investor call on half-year and FY2026 financial results available on website. 8 Jun - Transcript of June 2, 2026 investor call on half-year and FY2026 financial results available on website.
4
Analysts/Institutional Investor Meet/Con. Call Updates
3 Jun - Audio recording of June 2, 2026 results conference call for H1 and FY2026 is now available. 3 Jun - Audio recording of June 2, 2026 results conference call for H1 and FY2026 is now available.
5
Investor Presentation
30 May 2026 - Hi-Green Carbon shared FY26 investor-call presentation; revenue ₹138.68 Cr, PAT ₹3.43 Cr, fire loss ₹5.82 Cr. 30 May 2026 - Hi-Green Carbon shared FY26 investor-call presentation; revenue ₹138.68 Cr, PAT ₹3.43 Cr, fire loss ₹5.82 Cr.
Frequently Asked Questions about Hi-Green Carbon Ltd
What does Hi-Green Carbon Ltd do?
Incorporated in 2011, Hi-Green Carbon
Ltd manufactures and recycles waste
rubber and to produce hydro carbon
fuel[1]
Where is Hi-Green Carbon Ltd (HIGREEN) listed?
Hi-Green Carbon Ltd is listed on the Indian stock exchanges. It is listed on NSE: HIGREEN. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Hi-Green Carbon Ltd belong to?
Hi-Green Carbon Ltd operates in the Utilities sector within the Waste Management industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Hi-Green Carbon Ltd?
Hi-Green Carbon Ltd has a market capitalisation of approximately ₹318.62 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Hi-Green Carbon Ltd?
The Price-to-Earnings (PE) ratio of Hi-Green Carbon Ltd is 92.50. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Hi-Green Carbon Ltd?
Over the past 52 weeks, Hi-Green Carbon Ltd has traded between a low of ₹101.2 and a high of ₹232.2. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Hi-Green Carbon Ltd?
Hi-Green Carbon Ltd has a Return on Equity (ROE) of 12.84%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Hi-Green Carbon Ltd on Tapetide?
On Tapetide, you can view Hi-Green Carbon Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2011, Hi-Green Carbon Ltd manufactures and recycles waste rubber and to produce hydro carbon fuel[1]