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Hi-Green Carbon

HIGREEN NSE
₹125.85 No trade today
View as Markdown
MCP
Close 4 Nov 2026 ₹125.85 −60.10 −32.3% 1Y
Start ₹185.95

Key Fundamentals

SMEOther UtilitiesUtilities

Price-based figures as of · TTM

ROCE
10.20%
Debt to Equity
0.70
EPS (TTM)
—
Book Value
₹36.05
Market Cap
—
P/E (TTM)
—
P/B
3.49
ROE
5.85%
Dividend Yield
0.00%
EBITDA
₹25.80 Cr
52W High
₹197.00
52W Low
₹101.20
Volume
0

Peer Comparison

Utilities › Waste Management

Hi-Green Carbon peer comparison
₹222.3612.29₹3,025 Cr1.900.69%17.80%22.70%₹2,841 Cr₹248 Cr
₹304.7024.81₹1,635 Cr1.600.52%8.91%12.80%₹652 Cr₹68 Cr
₹306.6014.89₹838 Cr1.180.17%10.90%11.20%₹1,067 Cr₹70 Cr
₹330.50—₹762 Cr6.190.31%26.20%29.30%——
₹336.50129.42₹753 Cr7.460.00%14.90%21.30%₹66 Cr₹4 Cr
₹362.5014.20₹552 Cr2.560.00%18.30%20.00%₹164 Cr₹37 Cr
Hi-Green Carbon (this company)
₹125.85—₹327 Cr3.490.00%5.85%10.20%——
Median 7 companies₹306.6014.89₹762 Cr2.560.17%14.90%20.00%₹652 Cr₹68 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

47 Average

Data confidence 81/100

surveillance:ASM1

Category scores

Quality
63
Good
Returns, margins, earnings quality 22% weight
Valuation
30
Poor
Cheap vs sector & own history 24% weight
Growth
82
Strong
Sales & profit trajectory 9% weight
Financial Health
45
Weak
Solvency, leverage, coverage 9% weight
Momentum
38
Weak
Trend strength, vol-adjusted 12% weight
Ownership
55
Good
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

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 3.37 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 11.4% over last 3 years.
  • Company might be capitalizing the interest cost

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1252
OscillatorsNeutral252
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
43.46
Neutral
MACD (12,26,9)
2.85
Bearish
SMA (50)
127.41
Bearish
SMA (200)
133.52
Bearish

As of

Growth Rate

From the financial statements below. 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
3Y+21.24%
1Y+43.30%

Net profit

Net profit growth by window
3Y−37.00%
1Y−72.73%

Operating cash flow

Operating cash flow growth by window
3Y+16.96%
1Y+33.33%

Operating margin· change in pp

Operating margin growth by window
3Y−9.09 pp
1Y−3.04 pp

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2023₹78.00 Cr
Mar 2024₹70.00 Cr
Mar 2025₹97.00 Cr
Mar 2026₹139 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2023₹12.00 Cr
Mar 2024₹10.00 Cr
Mar 2025₹11.00 Cr
Mar 2026₹3.00 Cr

Half-yearly Results

₹ Cr
HIGREEN half-yearly results, ₹ crore
Particulars Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 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 (₹)
3.04
3.46
2.08
2.04
2.12
2.33
1.89
−0.52

Profit & Loss

₹ Cr
HIGREEN profit and loss, annual, ₹ crore
Particulars Mar 2023Mar 2024Mar 2025Mar 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 (₹)
6.5
4.11
4.45
1.37
Div. Payout %
0%
0%
0%
0%

Balance Sheet

₹ Cr
HIGREEN balance sheet, annual, ₹ crore
Particulars Mar 2023Mar 2024Mar 2025Mar 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

₹ Cr
HIGREEN cash flow, annual, ₹ crore
Particulars Mar 2023Mar 2024Mar 2025Mar 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

HIGREEN financial ratios, annual
Particulars Mar 2023Mar 2024Mar 2025Mar 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%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Hi-Green Carbon insights

62 extracted metrics across FY22–FY26.

Shareholding Pattern

As of Sep 2026

  • Promoters 71.97%
  • Public 20.04%
  • Others 7.71%
  • FIIs 0.16%
  • DIIs 0.13%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Hi-Green Carbon

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
Where is Hi-Green Carbon Ltd (HIGREEN) listed?
Hi-Green Carbon Ltd trades as HIGREEN on the NSE.
Which sector does Hi-Green Carbon Ltd belong to?
Hi-Green Carbon Ltd is classified under the Utilities sector, in the Waste Management industry.
What is the 52-week high and low of Hi-Green Carbon Ltd?
Over the last 52 weeks Hi-Green Carbon Ltd has traded between ₹101.2 and ₹197 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Hi-Green Carbon Ltd?
Hi-Green Carbon Ltd reported a return on equity of 5.85%. Its debt-to-equity ratio is 0.70.

Company Information

Incorporated in 2011, Hi-Green Carbon Ltd manufactures and recycles waste rubber and to produce hydro carbon fuel

Listed 28 Sep 2023
Face Value ₹10

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