---
title: "HBG Hotels Ltd (537839) — Share Price, Financials & Analysis"
symbol: "537839"
company: "HBG Hotels Ltd"
canonical: "https://tapetide.com/stocks/537839"
isin: "INE977M01024"
nse_symbol: "PHOENIXTOWNSHIPLTD"
bse_code: "537839"
sector: "Leisure Services"
industry: "Hotels & Resorts"
market_cap_cr: 136.13
generated_at: "2026-09-13T19:28:14.183Z"
---

# HBG Hotels Ltd (537839)

Canonical page: https://tapetide.com/stocks/537839

## Company

- **NSE Symbol:** PHOENIXTOWNSHIPLTD
- **BSE Code:** 537839
- **ISIN:** INE977M01024
- **Sector:** Leisure Services
- **Industry:** Hotels & Resorts
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hbgindia.com

## About

Incorporated in 1993, HBG Hotels Limited is engaged in the hospitality (Hotels) business.[1][2]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:47:49.628426Z.

- **Market Cap:** ₹136.13 Cr
- **Classification:** Microcap
- **P/E (reported):** 43.3
- **EPS (TTM):** ₹1.53
- **EPS (reported):** ₹1.75
- **Book Value:** ₹178.36
- **Price to Book:** 0.37
- **Dividend Yield:** 0.23%
- **ROE:** 16.02%
- **ROCE:** 9.13%
- **Debt to Equity:** 0.95
- **Revenue (yearly):** ₹28.08 Cr
- **Net Income:** ₹2.74 Cr
- **EBITDA:** ₹3.47 Cr
- **52-Week High:** ₹214.4
- **52-Week Low:** ₹62.01
- **RSI (14):** 28.74

## Tapetide Score

- **Score:** 34 / 100
- **Score date:** 2026-07-30
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 6.1 (of 4256 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 75%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 8.43 | 15% |
| growth | 65.43 | 15% |
| momentum | 40.61 | 15% |
| ownership | 49.74 | 10% |
| quality | 24.15 | 25% |
| valuation | 30.82 | 20% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.39 times its book value

### Weaknesses

- Company has a low return on equity of 0.66% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 42.7 to 92.1 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y |
| --- | --- | --- | --- |
| cash flow growth | — | -344.79% | — |
| ebitda margin growth | -20% | -57.93% | -38.14% |
| net income growth | -75% | -95.12% | 60% |
| revenue growth | -25.58% | -20.23% | 7% |
| roce | -64.48% | -79.26% | 40.03% |
| roe | -79.03% | -81.99% | 35.91% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 5.13 | 8.08 | 9.49 | 9.51 | 5.96 | 11.09 | 8.7 | 6.11 | 6.33 | 9.28 | 10.02 | 6.77 |
| Expenses | 4.12 | 6.71 | 7.13 | 5.54 | 4.99 | 7.15 | 7.19 | 4.96 | 4.46 | 7.58 | 7.6 | 5.66 |
| Operating Profit | 1.01 | 1.37 | 2.36 | 3.97 | 0.97 | 3.94 | 1.51 | 1.15 | 1.87 | 1.7 | 2.42 | 1.11 |
| OPM % | 19.69 | 16.96 | 24.87 | 41.75 | 16.28 | 35.53 | 17.36 | 18.82 | 29.54 | 18.32 | 24.15 | 16.4 |
| Other Income | 0 | 0 | 194.68 | 0 | 0 | 0 | 50.65 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.45 | 0.47 | 0.11 | 0.44 | 0.42 | 0.47 | 0.32 | 0.39 | 0.38 | 0.43 | 0.34 | 0.33 |
| Depreciation | 0.54 | 0.44 | 0.44 | 0.44 | 0.45 | 0.45 | 0.48 | 0.48 | 0.41 | 0.41 | 0.59 | 0.46 |
| Profit before tax | 0.02 | 0.46 | 196.49 | 3.09 | 0.1 | 3.02 | 51.36 | 0.28 | 1.08 | 0.86 | 1.49 | 0.32 |
| Tax % | 700 | 8.7 | 0.29 | 22.98 | 110 | 26.82 | 0.1 | 21.43 | 19.44 | 13.95 | 17.45 | 18.75 |
| Net Profit | -0.13 | 0.42 | 195.92 | 2.37 | -0.01 | 2.21 | 51.31 | 0.22 | 0.87 | 0.73 | 1.24 | 0.26 |
| EPS in Rs | -0.09 | 0.3 | 140.1 | 1.69 | -0.01 | 1.49 | 27.68 | 0.12 | 0.44 | 0.36 | 0.6 | 0.13 |

### Profit & Loss

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 25.86 | 27.47 | 28.59 | 31.74 | 32.4 |
| Expenses | 21.51 | 23.49 | 24.77 | 24.61 | 25.3 |
| Operating Profit | 4.35 | 3.98 | 3.82 | 7.13 | 7.1 |
| OPM % | 16.82 | 14.49 | 13.36 | 22.46 | 21.91 |
| Other Income | 0.37 | 196.75 | 57.27 | 0 | 0 |
| Interest | 1.56 | 1.63 | 1.74 | 1.54 | 1.48 |
| Depreciation | 2.17 | 1.96 | 1.83 | 1.89 | 1.87 |
| Profit before tax | 0.99 | 197.14 | 57.52 | 3.7 | 3.75 |
| Tax % | 32.32 | 0.38 | 2.49 | 25.41 | — |
| Net Profit | 0.68 | 196.41 | 56.08 | 2.76 | 3.1 |
| EPS in Rs | 0.49 | 140.45 | 30.25 | 1.35 | 1.53 |
| Dividend Payout % | 0 | 0 | 0 | 11.15 | — |

### Balance Sheet

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 13.98 | 13.98 | 18.54 | 28.22 |
| Reserves | 2.74 | 199.14 | 323.83 | 345.47 |
| Borrowings | 23.15 | 240.3 | 359.07 | 354.33 |
| Other Liabilities | 9.14 | 8.89 | 10.01 | 66.48 |
| Total Liabilities | 49.01 | 462.31 | 711.45 | 794.5 |
| Fixed Assets | 22.33 | 17.4 | 18.86 | 17.83 |
| CWIP | 3.63 | 221.68 | 330.92 | 358.56 |
| Investments | 1.41 | 24.23 | 13.18 | 1.56 |
| Other Assets | 21.64 | 199 | 348.49 | 416.55 |
| Total Assets | 49.01 | 462.31 | 711.45 | 794.5 |

### Cash Flow

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2.29 | 25.03 | -61.27 | -33.14 |
| Cash from Investing Activity | -3.61 | -237.92 | -100.91 | -51.64 |
| Cash from Financing Activity | 1.01 | 214.71 | 190.28 | 77.83 |
| Net Cash Flow | -0.3 | 1.82 | 28.11 | -6.95 |
| Free Cash Flow | -0.89 | -190.05 | -167.24 | -59.64 |
| CFO/OP | 58 | 647 | -1567 | -451 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 10.59 | 16.48 | 19.53 | 92.11 |
| Inventory Days | — | — | — | 7.96 |
| Days Payable | — | — | — | 102.34 |
| Cash Conversion Cycle | 10.59 | 16.48 | 19.53 | -2.26 |
| Working Capital Days | -128.3 | -93.28 | -771.62 | -18.74 |
| ROCE % | — | 1.08 | 0.51 | 0.73 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.45% | 70.45% | 70.45% | 70.45% | 70.45% | 66.59% | 70.02% | 70.02% | 71.79% | 69.8% | 69.8% | 69.8% |
| FIIs | 0% | 0% | 0% | 0.05% | 0.13% | 0.6% | 1.29% | 1.29% | 1.12% | 1.08% | 1.03% | 1.02% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 23.3% | 23.3% | 23.05% | 23.09% | 23.48% | 25.81% | 23% | 23.1% | 21.69% | 21.87% | 21.92% | 22.14% |
| Others | 6.25% | 6.24% | 6.49% | 6.41% | 5.93% | 7% | 5.69% | 5.59% | 5.4% | 7.24% | 7.25% | 7.05% |
| No. of Shareholders | 1909 | 1988 | 2033 | 2220 | 2323 | 2365 | 2407 | 2426 | 2542 | 2642 | 2641 | 2653 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 74.06 | Sell |
| EMA (10) | 73.27 | Sell |
| SMA (20) | 77.98 | Sell |
| EMA (20) | 76.89 | Sell |
| SMA (50) | 83.77 | Sell |
| EMA (50) | 82.64 | Sell |
| SMA (100) | 89.99 | Sell |
| EMA (100) | 89.35 | Sell |
| SMA (200) | 100.94 | Sell |
| EMA (200) | 108.33 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.51 | Neutral |
| MACD (12,26,9) | -4.27 | Sell |
| Stochastic (14,3,3) | 17.37 | Buy |
| ADX (14) | 9.19 | Neutral |
| Williams %R (14) | -62.18 | Neutral |
| ATR (14) | 5.99 | High Volatility |
| ROC (12) | -12.32 | Sell |
| Stoch RSI (14) | 61.3 | Neutral |
| UO (7,14,28) | 33.58 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - CS Heer Pandya resigns; resignation dated March 6, 2026; effective March 31, 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 9h - CS Heer Pandya resigns; resignation dated March 6, 2026; effective March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9da60f55-21b3-4ef8-b72c-77486f2e5c16.pdf) |
| 8 May - Board approved interim dividend, NSE listing proposal, warrant forfeiture, Marriott hotel agreements, and Taj management MoA. | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 8 May - Board approved interim dividend, NSE listing proposal, warrant forfeiture, Marriott hotel agreements, and Taj management MoA.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/33eeae55-b515-4a3a-b0d8-6cb72f861909.pdf) |
| 8 May - Board approved interim dividend, NSE listing proposal, forfeited 4.45 lakh warrants, and major hotel branding agreements. | [Board Meeting Outcome for Outcome Of Board Meeting Held On May 08, 2026 8 May - Board approved interim dividend, NSE listing proposal, forfeited 4.45 lakh warrants, and major hotel branding agreements.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/72df20fc-0b7d-4177-8ea9-c929ecfc4c2c.pdf) |
| 6 Feb - Board meeting rescheduled to 06-Feb-2026 15:30; trading window closed Jan 1 until 48 hours after Q3/9M (31-Dec-2025) results. | [Update on board meeting 6 Feb - Board meeting rescheduled to 06-Feb-2026 15:30; trading window closed Jan 1 until 48 hours after Q3/9M (31-Dec-2025) results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/655f79dd-389f-481b-bf40-52b3e985b818.pdf) |
| 5 Feb - Board meeting on Feb 13, 2026 to approve unaudited Q3 FY2025-26 results for quarter ended Dec 31, 2025. | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Friday, February 13, 2026. 5 Feb - Board meeting on Feb 13, 2026 to approve unaudited Q3 FY2025-26 results for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/123289d2-1d52-4b4c-9ce5-6ce20bd71e6f.pdf) |
| 4 Feb - Board meeting Feb 11, 2026 to approve Q3/9M Dec 31, 2025 unaudited results; trading window closed. | [Board Meeting Intimation for Prior Intimation Of Board Meeting For The Adoption Of Standalone And Consolidated Unaudited Financial Results For The Quarter And Nine Months Ended December 31St, 2025 4 Feb - Board meeting Feb 11, 2026 to approve Q3/9M Dec 31, 2025 unaudited results; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec770d19-ab84-42c4-8691-f1f89d72bfa8.pdf) |
| 30 Apr - HBG Hotels confirms it is not a Large Corporate for FY2025-26. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - HBG Hotels confirms it is not a Large Corporate for FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b148d8e-78e3-4044-967a-49625d55ae01.pdf) |
| 30 Apr - HBG Hotels confirms it is not a Large Corporate for FY2025-26. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - HBG Hotels confirms it is not a Large Corporate for FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9b148d8e-78e3-4044-967a-49625d55ae01.pdf) |
| 30 Apr - Board meeting on May 8, 2026 to consider interim dividend; record date fixed May 15, 2026. | [Board Meeting Intimation for Consider And Approve Interim Dividend 30 Apr - Board meeting on May 8, 2026 to consider interim dividend; record date fixed May 15, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6214d396-35d1-4b5e-8ef6-eb9492bb3aea.pdf) |
| 30 Apr - Board meeting on May 8, 2026 to consider interim dividend; record date fixed May 15, 2026. | [Board Meeting Intimation for Consider And Approve Interim Dividend 30 Apr - Board meeting on May 8, 2026 to consider interim dividend; record date fixed May 15, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6214d396-35d1-4b5e-8ef6-eb9492bb3aea.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=913674be-6cab-4e7e-9fda-c6c4e9df0f0f.pdf) |
| 2026-09-04 | [Board Meeting Intimation for Prior Intimation Pursuant To Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended ("SEBI LODR Regulations").](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c650525a-c598-41e7-b201-ba86739309ea.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 14 August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a6ded22-6170-4441-9ac7-4b42db8d3525.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=150933e6-0b65-488a-b938-9acce53b1a19.pdf) |
| 2026-08-07 | [Board Meeting Intimation for Unaudited Standalone & Consolidated Financial Results For The Quarter Ended June 30Th 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51a7545b-a7c0-49ee-ba7d-4a3aaef19471.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9363e297-bf1e-4fae-b06d-98b607053f7b.pdf) |
| 2026-06-23 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e623bdb8-b213-4e73-8f54-ca91d90a027a.pdf) |
| 2026-05-29 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09a4ea71-943e-49f6-8d88-f139cb538c55.pdf) |
| 2026-05-28 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd4628c3-837e-4228-9615-1638f007c48c.pdf) |
| 2026-05-22 | [Board Meeting Intimation for Condidering And Approving The Audited Financial Results Of The Company (Standalone And Consolidated) Along With Audit Report Of The Auditor For The Quarter And Year Ended On 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55b6c3f1-62d0-49ad-a99a-931647c6353e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Financial Result For The Quarter Ended 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f41fcfe8-246f-4eb6-859b-09ef4364b2a9.pdf) |
| 2026-05-29 | [Financial Result For The Financial Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec35c1bd-e7ae-4f63-adb6-4c20e3234249.pdf) |
| 2026-02-11 | [Financial Result For The Quarter Ended December 31St 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d282e60-04fe-4c6e-bc13-af1e2a3a69ad.pdf) |
| 2025-11-14 | [Financial Results For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe917b4f-804a-4266-bd14-c88bc4da9a32.pdf) |
| 2025-08-14 | [Financial Result For The Quarter Ended 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3189bd05-5d2b-4f99-b84e-223224b22487.pdf) |
| 2025-05-23 | [Audited Financial Result For The Financial Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1319becf-e4ac-44a0-9da7-cefa70e2ef92.pdf) |
| 2025-02-07 | [Quarterly Financial Result For The Quarter End 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9c1755f-beef-4f82-a2c0-aa5aec0f6d12.pdf) |
| 2024-11-14 | [Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67af6b24-5ecc-42be-b1ab-1a57787e665c.pdf) |
| 2024-05-30 | [Results For The Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88061382-605d-4955-8fea-f046ecbe2540.pdf) |
| 2024-02-12 | [Un-Audited Financial Results For Quarter And Nine Months Ended On December 31, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=670b6f63-1ebc-408a-9a38-eac7ada5e998.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00f5f192-5d64-4440-9535-f765004a2061.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/677a94bf-2229-46a9-8f1b-b929d316efe1.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33b90ac1-212b-48a3-bb07-ee4bb738b15c.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3bc5af53-4cc5-431e-b749-32375fc31a79.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2dcc7c66-4453-48c2-bc65-6760bcfea573.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/537839/77328537839.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/537839/71326537839.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/537839/66616537839.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/537839/5378390319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/537839/5378390318.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 2026-09-13T19:28:14.183Z.