HI Green Carbon Limited
NSE: HIGREEN · Other · sector
₹142.70NSE close 2026-10-26
Key numbers
Market cap₹357 cr
Price₹142.70
52w high / low₹202 / ₹101
P/E104.2xSector median 14.4x
P/B5.5xSector median 1.7x
Book value₹26.1
Dividend yield–Sector median 0.37%
ROE5.4%Sector median 13.8%
ROCE14.0%Sector median 19.6%
OPM12.5%Sector median 10.4%
Debt / equity–Sector median 0.29x
EV/EBITDA20.6xSector median 8.4x
Interest cover5.8x
Current ratio1.20x
Sales growth 3y–Sector median +7.7%
Profit growth 3y–Sector median +16.6%
PEG–
Last 12 months to Mar 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Operating profit covered interest 5.8x in the last 12 months.
- Operating cash flow was below net profit in 1 of the last 3 years (FY24).
- Net loss in 1 of the last 6 quarters.
- Other income was 77% of net profit in the last 12 months.
- No dividend in the last 3 financial years.
- Price ₹142.70 on 2026-10-26: -29.5% from the 52-week high, +41.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹327.45 · low ₹114.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | 33 | 37 | 36 | 61 | 69 | 70 |
| EBITDA | 8 | 10 | 7 | 12 | 11 | 7 |
| OPM % | 24.8% | 26.1% | 19.6% | 19.8% | 15.5% | 9.5% |
| Other income | 0 | 0 | 1 | 2 | 1 | 1 |
| Net profit | 5 | 5 | 5 | 6 | 5 | -1 |
| EPS (₹) | 2.72 | 2.31 | 2.12 | 2.33 | 1.89 | -0.52 |
| Revenue YoY | +106.5% | +89.2% | ||||
| Profit YoY | -8.9% | -125.5% |
Consolidated figures where filed. Latest quarter Mar 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 70 | 97 | 139 | 139 |
| EBITDA | 18 | 19 | 17 | 17 |
| Net profit | 10 | 11 | 3 | 3 |
| EPS (₹) | 4.66 | 4.45 | 1.37 | 1.37 |
| Revenue growth | +37.8% | +43.3% | – | |
| Profit growth | +8.3% | -69.2% | – | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -31.4% (2y) | -32.7% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | – | 62 | 65 |
| Cash & equivalents | – | 0 | 0 |
| Total assets | – | 141 | 173 |
| Fixed assets | – | 68 | 66 |
| Investments | – | 0 | 0 |
| Inventory | – | 20 | 24 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | -3 | 12 | 16 |
| Cash from investing | -38 | -44 | -30 |
| Cash from financing | 50 | 22 | 14 |
| Capex | 0 | 54 | 53 |
| Free cash flow | -3 | -42 | -37 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | – | 18.0% | 5.3% |
| ROCE % | – | 24.2% | 14.0% |
| Inventory days | – | 113 | 93 |
| Working capital days | – | 69 | 22 |
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| HIGREEN | ₹357 cr | 104.2x | 5.5x | 5.4% | 14.0% | 12.5% | – | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | HIGREEN |
| BSE code | – |
| ISIN | INE0PIC01017 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results); price = NSE close 2026-10-26.