Hi-Green Carbon Limited

Hi-Green Carbon Limited (HIGREEN) is a micro-cap Utilities company valued at ₹356 crore operating in Waste Management on the NSE and BSE.

Recent price move

Hi-Green Carbon Limited last traded at ₹143, sharply up 9.41% on the day.

Recent developments

On 2026-06-30, promoter holding remained at 71.92%, with no significant changes reported. Domestic institutional holding dropped to 0.00% from 0.28% in the previous quarter. The company has not paid dividends despite reporting profits.

Financial performance

The company's revenue grew 43.0% annually, but net profit fell 68.8% year-on-year. In the latest quarter, revenue rose 14.8% compared to the same quarter a year earlier, but net profit swung from a profit of ₹6 crore to a loss of ₹1 crore.

Valuation multiples

The stock trades at 104.4 times earnings, a premium to the Utilities median of 18.1, 3.38 times book value.

Things to watch

Net profit margin fell 8.9 percentage points to 2.5%, indicating declining profitability. The latest quarter ended with a net loss of ₹1 crore, contrasting with a profit of ₹6 crore in the same quarter a year earlier. The stock is 48.2% below its 52-week high, reflecting a significant drop in value.

Where it stands

The company's revenue has grown strongly over the past five years, but profit growth has been negative in recent quarters. The latest quarter showed a sharp decline in net profit, and the stock is significantly below its 52-week high. The company has not paid dividends despite reporting profits.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.