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Hemang Resources Overview

Hemang Resources Limited is an Indian company engaged in the trading and distribution of industrial raw materials and commodities. The company primarily focuses on sourcing and supplying materials such as metals, minerals, and other industrial inputs to various manufacturing and processing industries. Operating on a modest scale, Hemang Resources emphasizes efficient supply chain management, quality assurance, and building strong relationships with suppliers and customers. Its business performance is influenced by commodity price fluctuations, ...Read More

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Hemang Resources Key Financials

Market Cap ₹24 Cr.

Stock P/E 43.8

P/B 0.9

Current Price ₹17.9

Book Value ₹ 19.8

Face Value 10

52W High ₹28.8

Dividend Yield 0%

52W Low ₹ 9

Hemang Resources Share Price

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Volume
Price

Hemang Resources Quarterly Price

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Hemang Resources Peer Comparison

Hemang Resources Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 5 0 7 0 1 0 8 1 0 0
Other Income 2 0 10 0 0 0 0 1 0 0
Total Income 7 0 17 0 1 0 8 2 0 0
Total Expenditure 8 1 7 1 1 0 7 1 0 0
Operating Profit -1 -1 10 -0 -0 0 1 1 -0 -0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -1 -1 10 -0 -0 0 1 1 -0 -0
Provision for Tax 0 0 -2 0 0 0 0 0 0 0
Profit After Tax -1 -1 12 -0 -0 0 1 1 -0 -0
Adjustments 0 -0 0 -0 0 0 -0 0 -0 0
Profit After Adjustments -1 -1 12 -0 -0 0 1 1 -0 -0
Adjusted Earnings Per Share -0.6 -0.8 9.4 -0.2 -0.2 0.2 0.6 0.4 -0.2 -0.1

Hemang Resources Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 628 435 250 126 37 1 0 66 205 37 9 9
Other Income 2 4 5 8 0 14 14 13 1 12 1 1
Total Income 630 439 254 134 38 15 14 79 206 49 10 10
Total Expenditure 614 426 246 142 51 21 20 50 195 53 9 8
Operating Profit 16 13 9 -8 -14 -6 -6 28 11 -3 1 2
Interest 8 11 10 9 2 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 9 2 -1 -17 -16 -6 -7 28 11 -3 1 2
Provision for Tax 3 1 -0 -5 -4 -1 -1 9 4 -2 0 0
Profit After Tax 6 1 -1 -12 -12 -5 -5 20 7 -1 1 2
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 6 1 -1 -12 -12 -5 -5 20 7 -1 1 2
Adjusted Earnings Per Share 4.2 1 -0.7 -9 -9.2 -3.6 -3.8 14.8 5.6 -0.8 0.4 0.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -76% -49% 55% -35%
Operating Profit CAGR 0% -67% 0% -24%
PAT CAGR 0% -63% 0% -16%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -25% -25% 24% 7%
ROE Average 2% 10% 0% -15%
ROCE Average 3% 11% 29% 13%

Hemang Resources Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 41 42 33 22 9 5 -0 19 27 25 26
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 1 1 1 1 2 2 1 1
Other Non-Current Liabilities -0 -0 -1 -6 -10 -3 -5 4 7 5 5
Total Current Liabilities 191 175 121 108 91 61 56 43 34 21 21
Total Liabilities 232 218 154 124 91 63 51 68 70 52 53
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 2 1 3 3 3 11 3 3 7 7 4
Total Current Assets 230 217 151 120 88 52 48 65 63 45 49
Total Assets 232 218 154 124 91 63 51 68 70 52 53

Hemang Resources Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 25 5 1 0 0 0 1 5 0 0 0
Cash Flow from Operating Activities 26 19 -12 8 -16 8 10 16 -0 1 1
Cash Flow from Investing Activities -5 3 -5 4 10 1 1 2 0 1 0
Cash Flow from Financing Activities -42 -26 17 -12 6 -9 -11 -22 0 -2 -0
Net Cash Inflow / Outflow -20 -4 -0 -0 0 0 0 -4 -0 -0 0
Closing Cash & Cash Equivalent 5 1 0 0 0 1 1 1 0 0 1

Hemang Resources Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.24 0.98 -0.75 -8.98 -9.18 -3.65 -3.82 14.79 5.59 -0.82 0.41
CEPS(Rs) 4.36 0.99 -0.74 -8.96 -9.17 -3.63 -3.81 14.8 5.6 -0.82 0.41
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 25.1 26.07 25.33 16.35 7.17 3.52 -0.3 14.49 20.08 19.26 19.67
Core EBITDA Margin(%) 2.23 2.07 1.62 -12.64 -39.01 -1461.95 0 23.73 4.87 -41.53 -1.1
EBIT Margin(%) 2.57 2.89 3.53 -6.15 -37.8 -445.43 -6125.93 43.24 5.41 -8.74 9.77
Pre Tax Margin(%) 1.37 0.41 -0.59 -13.67 -44.17 -463.37 -6595.56 42.84 5.35 -8.77 9.77
PAT Margin (%) 0.92 0.3 -0.4 -9.42 -32.72 -357.36 -5086.48 29.65 3.6 -2.93 6.14
Cash Profit Margin (%) 0.92 0.3 -0.39 -9.41 -32.67 -355.98 -5071.04 29.67 3.61 -2.9 6.22
ROA(%) 3.08 0.57 -0.53 -8.52 -11.28 -6.25 -8.85 32.84 10.72 -1.78 1.03
ROE(%) 18.96 3.83 -2.91 -43.08 -78.11 -68.25 -237.16 208.43 32.36 -4.18 2.1
ROCE(%) 19.37 20.7 14.39 -12.51 -26.78 -13.68 -20.78 130.26 42.35 -11.34 3.13
Receivable days 71.38 136.06 179.92 224.59 562.74 0 0 167.62 68.55 287.74 920.84
Inventory Days 15.81 22.96 34.32 71.33 206.5 4069.89 0 85 31.47 193.07 812.16
Payable days 55.09 137.13 178.87 192.99 499.34 0 5204.21 242.91 55.93 174.66 1310.37
PER(x) 2.88 8.95 0 0 0 0 0 1.78 8.23 0 62.32
Price/Book(x) 0.49 0.34 0.36 0 1.1 0 -20.19 1.82 2.29 1.66 1.3
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.05 0.04 0.11 0.25 1.27 30.82 259.82 0.56 0.31 1.18 3.95
EV/Core EBITDA(x) 2.14 1.26 3.15 -4.04 -3.37 -6.94 -4.25 1.3 5.69 -13.55 40.12
Net Sales Growth(%) 108.63 -30.68 -42.64 -49.62 -70.54 -96.36 -92.64 0 211.49 -81.9 -76.29
EBIT Growth(%) 23.36 -22.07 -29.98 -187.88 -81.08 57.16 -1.2 568.92 -61 -129.22 126.52
PAT Growth(%) 177 -77.54 -176.47 -1099.4 -2.3 60.3 -4.73 487.27 -62.17 -114.71 149.73
EPS Growth(%) 191.77 -76.9 -176.47 -1099.38 -2.3 60.3 -4.73 487.27 -62.17 -114.71 149.73
Debt/Equity(x) 0.67 0.25 1.08 1.51 4.34 7.02 -54.66 0.18 0.13 0.07 0.07
Current Ratio(x) 1.21 1.24 1.24 1.12 0.96 0.85 0.86 1.52 1.87 2.17 2.33
Quick Ratio(x) 1.05 1.1 1.06 0.87 0.79 0.61 0.63 1.11 1.34 1.13 1.49
Interest Cover(x) 2.13 1.17 0.86 -0.82 -5.93 -24.83 -13.04 106.62 84.62 -253.44 0
Total Debt/Mcap(x) 1.71 0.9 3.01 0 3.93 0 2.71 0.1 0.06 0.04 0.05

Hemang Resources Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 63.65 67.23 63.65 63.65 63.65 63.65 63.65 63.65 63.65 63.65
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 36.35 32.77 36.35 36.35 36.35 36.35 36.35 36.35 36.35 36.35
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Hemang Resources News

Hemang Resources Pros & Cons

Pros

  • Stock is trading at 0.9 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 10% over the last 3 years.
  • Debtor days have increased from 174.66 to 1310.37days.
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