HVAX Technologies
Key Fundamentals
SMEConstructionIndustrialsPrice-based figures as of · TTM
- ROCE
- 19.70%
- Debt to Equity
- 0.46
- EPS (TTM)
- —
- Book Value
- ₹312.23
- Market Cap
- —
- P/E (TTM)
- —
- P/B
- 2.16
- ROE
- 18.10%
- Dividend Yield
- 0.00%
- EBITDA
- ₹24.20 Cr
- 52W High
- ₹929.00
- 52W Low
- ₹585.20
- Volume
- 0
Peer Comparison
Industrials › Construction › Civil Construction
| ₹3,944.40 | 30.37 | ₹5,47,193 Cr | 4.80 | 0.96% | 15.90% | 14.60% | ₹3,00,904 Cr | ₹20,895 Cr | |
| ₹191.23 | 44.37 | ₹39,292 Cr | 4.06 | 0.93% | 9.02% | 10.80% | ₹20,825 Cr | ₹897 Cr | |
| ₹1,310.10 | 37.40 | ₹23,549 Cr | 6.36 | 0.24% | 27.80% | 32.80% | ₹10,205 Cr | ₹602 Cr | |
| ₹1,366.10 | 20.52 | ₹22,726 Cr | 3.00 | 0.83% | 13.70% | 18.30% | ₹27,380 Cr | ₹1,129 Cr | |
| ₹77.74 | 28.37 | ₹20,666 Cr | 6.95 | 0.20% | 20.40% | 29.30% | ₹12,756 Cr | ₹766 Cr | |
| ₹16.79 | 21.25 | ₹19,929 Cr | 0.94 | 0.31% | 4.29% | 7.47% | ₹7,686 Cr | ₹954 Cr | |
| ₹300.85 | 21.55 | ₹16,653 Cr | 5.06 | 0.52% | 23.40% | 30.40% | ₹3,878 Cr | ₹784 Cr | |
| HVAX Technologies (this company) | ₹675.95 | — | ₹188 Cr | 2.16 | 0.00% | 18.10% | 19.70% | — | — |
| Median 8 companies | ₹488.40 | 28.37 | ₹21,696 Cr | 4.43 | 0.42% | 17.00% | 19.00% | ₹12,756 Cr | ₹897 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.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 84/100
Category scores
- Quality
- 71
- Strong
- Returns, margins, earnings quality 22% weight
- Valuation
- 37
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 71
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 61
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 44
- Weak
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- 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
1- Company has delivered good profit growth of 31.3% CAGR over last 5 years
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.7.06 Cr.
- Company has high debtors of 193 days.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 11 | 4 | 4 |
| Oscillators | Bullish | 2 | 4 | 3 |
| Moving Averages | Strong Bearish | 9 | 0 | 1 |
Oscillators
Bullish
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 45.10
- Neutral
- MACD (12,26,9)
- 2.77
- Bearish
- SMA (50)
- 683.67
- Bearish
- SMA (200)
- 738.04
- Bearish
As of
Growth Rate
From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.
Revenue
| 5Y | +21.27% |
|---|---|
| 3Y | +18.56% |
| 1Y | +22.14% |
Net profit
| 5Y | +28.47% |
|---|---|
| 3Y | +40.95% |
| 1Y | +27.27% |
Operating cash flow
| 5Y | Turned negative |
|---|---|
| 3Y | Outflow widened by ₹10 Cr |
| 1Y | Outflow narrowed by ₹8 Cr |
Operating margin· change in pp
| 5Y | +1.80 pp |
|---|---|
| 3Y | +0.62 pp |
| 1Y | −4.50 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
| Mar 2020 | ₹44.00 Cr |
|---|---|
| Mar 2021 | ₹61.00 Cr |
| Mar 2022 | ₹68.00 Cr |
| Mar 2023 | ₹96.00 Cr |
| Mar 2024 | ₹106 Cr |
| Mar 2025 | ₹131 Cr |
| Mar 2026 | ₹160 Cr |
Net profit by year
| Mar 2020 | ₹2.00 Cr |
|---|---|
| Mar 2021 | ₹4.00 Cr |
| Mar 2022 | ₹4.00 Cr |
| Mar 2023 | ₹5.00 Cr |
| Mar 2024 | ₹9.00 Cr |
| Mar 2025 | ₹11.00 Cr |
| Mar 2026 | ₹14.00 Cr |
Half-yearly Results
₹ Cr| Particulars | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 29 | 77 | 46 | 85 | 61 | 100 |
| Expenses | 26 | 67 | 39 | 73 | 54 | 89 |
| Operating Profit | 3 | 10 | 7 | 12 | 6 | 10 |
| OPM % | 10% | 13% | 15% | 14% | 11% | 10% |
| Other Income | 0 | 1 | 0 | 0 | 2 | 5 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 |
| Depreciation | 1 | 0 | 1 | 1 | 1 | 1 |
| PBT | 1 | 10 | 5 | 10 | 7 | 13 |
| Tax % | 25% | 25% | 27% | 26% | 26% | 26% |
| Net Profit | 1 | 7 | 4 | 7 | 5 | 9 |
| EPS (₹) | 17.34 | 109 | 18.73 | 26 | 17.72 | 33.78 |
Profit & Loss
₹ Cr| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 44 | 61 | 68 | 96 | 106 | 131 | 160 |
| Expenses | 41 | 55 | 61 | 87 | 93 | 112 | 144 |
| Operating Profit | 3 | 5 | 7 | 9 | 13 | 19 | 16 |
| OPM % | 7% | 9% | 10% | 9% | 12% | 14% | 10% |
| Other Income | 1 | 1 | 1 | 0 | 1 | 0 | 7 |
| Interest | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 1 |
| PBT | 3 | 5 | 6 | 7 | 11 | 15 | 19 |
| Tax % | 25% | 29% | 25% | 26% | 25% | 26% | 25% |
| Net Profit | 2 | 4 | 4 | 5 | 9 | 11 | 14 |
| EPS (₹) | 30.96 | 60.3 | 67.76 | 84.29 | 125 | 39.76 | 51.5 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
₹ Cr| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.62 | 0.62 | 0.62 | 0.62 | 0.68 | 3 | 3 |
| Reserves | 5 | 7 | 11 | 17 | 30 | 69 | 84 |
| Borrowings | 11 | 7 | 10 | 17 | 24 | 28 | 40 |
| Other Liabilities | 11 | 22 | 32 | 44 | 8 | 22 | 25 |
| Total Liabilities | 28 | 37 | 54 | 78 | 64 | 122 | 151 |
| Fixed Assets | 7 | 10 | 8 | 7 | 9 | 8 | 7 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 0 | 1 | 0 | 0 | 1 |
| Other Assets | 20 | 26 | 45 | 70 | 54 | 114 | 143 |
| Total Assets | 28 | 37 | 54 | 78 | 64 | 122 | 151 |
Cash Flow
₹ Cr| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating | 2 | 8 | −1 | −4 | −12 | −22 | −14 |
| Investing | −1 | −4 | 2 | 0 | −2 | 0 | −1 |
| Financing | −1 | −4 | 2 | 6 | 10 | 31 | 9 |
| Net Cash Flow | 0 | −1 | 3 | 2 | −4 | 10 | −6 |
| Free Cash Flow | 2 | 4 | 0 | −4 | −15 | −22 | −14 |
| CFO/OP | 80 | 169 | 9 | −21 | −71 | −102 | −54 |
Ratios
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 92 | 98 | 106 | 124 | 86 | 199 | 193 |
| Inventory Days | 26 | 24 | 130 | 114 | 109 | 95 | 144 |
| Days Payable | 92 | 77 | 74 | 53 | 32 | 72 | 72 |
| Cash Conversion Cycle | 25 | 45 | 162 | 184 | 162 | 222 | 265 |
| Working Capital Days | 7 | −8 | 1 | 10 | 67 | 146 | 165 |
| ROCE % | — | 36% | 32% | 27% | 28% | 22% | 20% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view HVAX Technologies insights
58 extracted metrics across FY20–FY26.
Documents
- Concall · Nov 2025Transcript
- Concall · Sep 2025PPT
- Concall · May 2025Transcript Recording
- 28 Sep 2026
- 28 Sep 2026
- 24 Sep 2026
- 24 Aug 2026
- 24 Aug 2026
Frequently Asked Questions about HVAX Technologies
What does HVAX Technologies Ltd do?
Where is HVAX Technologies Ltd (HVAX) listed?
Which sector does HVAX Technologies Ltd belong to?
What is the 52-week high and low of HVAX Technologies Ltd?
What is the Return on Equity (ROE) of HVAX Technologies Ltd?
Company Information
Established in 2010, HVAX Technologies Limited provides turnkey engineering, procurement, and execution of controlled environment and cleanroom infrastructure, design, engineering, and consulting services to pharmaceutical and healthcare companies.
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