Hemang Resources

how big is Hemang Resources?

As of Jun 06, Hemang Resources Ltd has a market capitalization of 34.00 Cr and reported net sales of 8.80 Cr and a net profit of 0.54 Cr over the latest four quarters. Shareholder's funds are 25.42 Cr, with total assets of 55.62 Cr as of the latest annual period ending in Mar 24.

Market Cap: As of Jun 06, Hemang Resources Ltd has a market capitalization of 34.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which is Standalone data, amounts to 8.80 Cr. The sum of Net Profit for the same period is 0.54 Cr.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in Mar 24. Shareholder's Funds are reported at 25.42 Cr, while Total Assets stand at 55.62 Cr.

Who are in the management team of Hemang Resources?

As of March 2023, the management team of Hemang Resources includes Shikha Jain and Nikhil Dhanotiya as Independent Directors, Saloni Kochar as Company Secretary & Compliance Officer, and Komal Thakker as Whole Time Director & CEO.

As of March 2023, the management team of Hemang Resources includes the following individuals:<BR><BR>1. Shikha Jain - Independent Director<BR>2. Saloni Kochar - Company Secretary & Compliance Officer<BR>3. Nikhil Dhanotiya - Independent Director<BR>4. Komal Thakker - Whole Time Director & CEO<BR><BR>These individuals play key roles in the governance and operational management of the company.

What does Hemang Resources do?

Hemang Resources Ltd, a Micro Cap company in the Trading & Distributors industry, was incorporated in 1993 and has shifted focus over the years. As of March 2025, it reported net sales of 8 Cr and a net profit of 1 Cr, with a market cap of Rs 34 Cr.

Overview:<BR>Hemang Resources Ltd operates in the Trading & Distributors industry and is classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 1993 under the name BCC Housing Finance and Leasing Company Limited, initially focusing on finance for leasing and hire purchase. It underwent several name changes, becoming BCC Finance Limited in 1994 and later Bhatia Industries & Infrastructure Limited in 2006. The most recent quarterly results report net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 8 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 34 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 34.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.06 <BR>Return on Equity: 2.14% <BR>Price to Book: 1.36 <BR><BR>Contact Details:<BR>Address: Plot No 4 6th Avenue, Harington Road Chetpet Chennai Tamil Nadu : 600031 <BR>Tel: 91-044-4559 0053/2836 2127 <BR>Email: cs@bhatiacoalindia.com <BR>Website: http://www.bhatiacoalindia.com

What is the bonus history of the Hemang Resources?

Hemang Resources issued a 3:1 bonus on July 14, 2011, meaning shareholders received three additional shares for every one share held, with a record date of July 15, 2011.

Hemang Resources has a bonus history that includes a 3:1 bonus issue announced with an ex-date of July 14, 2011. The record date for this bonus was July 15, 2011. This means that for every one share held, shareholders received three additional shares as part of this bonus issue. If you have any more questions about the company or its financial activities, feel free to ask!

Has Hemang Resources declared dividend?

Hemang Resources Ltd has declared a 5% dividend, amounting to 0.5 per share, but the dividend yield remains 0%. Total returns have varied significantly, with a notable recovery in the 4 and 5-year periods after earlier declines.

Hemang Resources Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: Aug-21-2014<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -16.35%, the dividend return was 0%, resulting in a total return of -16.35%.<BR><BR>For the 1-year period, the price return was -21.79%, the dividend return was 0%, leading to a total return of -21.79%.<BR><BR>Over the 2-year period, the price return was -38.77%, with a dividend return of 0%, which resulted in a total return of -38.77%.<BR><BR>In the 3-year period, the price return was -47.96%, the dividend return remained 0%, culminating in a total return of -47.96%.<BR><BR>During the 4-year period, the price return was 360.61%, with a dividend return of 0%, resulting in a total return of 360.61%.<BR><BR>For the 5-year period, the price return was 299.38%, the dividend return was 0%, leading to a total return of 299.38%.<BR><BR>Overall, while Hemang Resources declared a dividend, the dividend yield has been consistently 0% in recent periods, indicating that dividends are not contributing to returns. The total returns show significant fluctuations, with a notable recovery in the 4 and 5-year periods after substantial declines in the earlier periods.

Who are the peers of the Hemang Resources?

Hemang Resources' peers include Redington, MMTC, MSTC, Ravindra Energy, UR Sugar, Sunil Industries, and Nirav Commercial. In terms of management risk, growth, and capital structure, Hemang Resources ranks average, with a 1-year return of -15.64%, better than UR Sugar's -66.48% but lower than Ravindra Energy's 141.63%.

Peers: The peers of Hemang Resources are Redington, MMTC, MSTC, Ravindra Energy, UR Sugar, Sunil Industries, and Nirav Commercial.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, and Hemang Resources. Below Average management risk is noted at Ravindra Energy, UR Sugar, Sunil Industries, and Nirav Commercial. Growth is Excellent at Redington, Average at Hemang Resources, MMTC, and MSTC, and Below Average at Ravindra Energy, UR Sugar, Sunil Industries, and Nirav Commercial. Capital Structure is Excellent at MSTC, Good at UR Sugar, and Below Average at Hemang Resources, MMTC, Ravindra Energy, Sunil Industries, and Nirav Commercial.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ravindra Energy at 141.63%, while UR Sugar has the lowest at -66.48%. Hemang Resources has a 1-year return of -15.64%, which is higher than UR Sugar's but lower than Ravindra Energy's. Additionally, UR Sugar, Sunil Industries, and MSTC have negative six-month returns.

Is Hemang Resources overvalued or undervalued?

As of August 14, 2023, Hemang Resources is considered overvalued with a high PE ratio of 34.98 and negative EV metrics, leading to a risky valuation grade and underperformance compared to the Sensex.

As of 14 August 2023, Hemang Resources has moved from a very attractive valuation grade to a risky one. The company appears to be overvalued based on its current metrics, particularly with a PE ratio of 34.98, an EV to EBITDA of -36.48, and a ROE of only 2.14%. In comparison to peers, MMTC has a significantly higher PE ratio of 119.39 and a negative EV to EBITDA of -70.04, while PTC India, which is rated very attractive, has a much lower PE ratio of 9.02.<BR><BR>The valuation suggests that Hemang Resources is overvalued given its high PE ratio and negative EV metrics, which indicate potential issues with profitability. Furthermore, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -12.80% compared to the Sensex's 5.59%. This underperformance reinforces the notion that the stock may not be a favorable investment at its current price of 26.85.

What is the technical trend for Hemang Resources?

As of May 9, 2025, Hemang Resources shows a mildly bearish technical trend, with mixed signals from the MACD and moving averages across different time frames.

As of 9 May 2025, the technical trend for Hemang Resources has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals across time frames. The daily moving averages are mildly bearish, reinforcing the overall cautious outlook. The Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly, indicating potential volatility. The KST is mildly bullish on the weekly but bearish on the monthly, further contributing to the mixed sentiment. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the bearish monthly indicators.

Who are the top shareholders of the Hemang Resources?

The top shareholders of Hemang Resources include promoter Surinder Singh Bhatia with 14.08%, and public shareholder Kulwant Singh Bhatia with 4.72%. Individual investors hold a total of 25.83%, with no mutual funds or foreign institutional investors involved.

The top shareholders of Hemang Resources are primarily the promoters, with Surinder Singh Bhatia holding the largest share at 14.08%. The highest public shareholder is Kulwant Singh Bhatia, who owns 4.72%. Additionally, individual investors collectively hold 25.83% of the company's shares. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company.

When is the next results date for Hemang Resources?

The next results date for Hemang Resources is 12 August 2025.

The next results date for Hemang Resources is scheduled for 12 August 2025.

Should I buy, sell or hold Hemang Resources?

How has been the historical performance of Hemang Resources?

Hemang Resources has experienced significant declines in net sales, operating income, and profitability from Mar'23 to Mar'25, with net sales dropping from 205.05 Cr to 8.80 Cr and operating profit turning from a profit of 11.12 Cr to a loss of 0.10 Cr. The company also saw a decrease in total liabilities and assets, while cash flow from operations remained stagnant.

Answer:<BR>The historical performance of Hemang Resources shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Hemang Resources experienced a notable decline in net sales, dropping from 205.05 Cr in Mar'23 to just 8.80 Cr in Mar'25. The total operating income followed a similar trend, decreasing from 205.05 Cr in Mar'23 to 8.80 Cr in Mar'25. The company's operating profit (PBDIT) also saw a downturn, moving from a profit of 11.12 Cr in Mar'23 to a loss of 0.10 Cr in Mar'25. Profit before tax mirrored this decline, falling from 10.97 Cr in Mar'23 to 0.86 Cr in Mar'25, while profit after tax decreased from 7.38 Cr to 0.54 Cr in the same period. The company's total liabilities decreased from 69.81 Cr in Mar'23 to 52.85 Cr in Mar'25, and total assets also declined from 69.81 Cr to 52.85 Cr. Cash flow from operating activities remained stagnant at 0.00 Cr for Mar'25, indicating a lack of cash generation from core operations. Overall, Hemang Resources has faced significant challenges in maintaining sales and profitability over the years.

Are Hemang Resources latest results good or bad?

Hemang Resources' latest Q2 FY26 results are concerning, showing a net loss of -₹0.22 crores and zero revenue, indicating significant operational challenges and raising doubts about the company's future viability. Overall, these results are classified as bad for investors.

Hemang Resources' latest results for Q2 FY26 are quite concerning. The company reported a net profit of -₹0.22 crores, marking a significant loss compared to a profit of ₹0.54 crores in the previous quarter (Q1 FY26). Additionally, revenue for the quarter plummeted to zero, representing a 100% decline both quarter-on-quarter and year-on-year. This stark drop in revenue raises serious questions about the company's operational stability and business model sustainability.<BR><BR>The absence of any sales during this quarter, combined with mounting losses, indicates a critical operational standstill. The company's PAT margin has also dropped to 0.0%, a stark contrast to the 43.55% margin reported in Q1 FY26. Overall, the financial performance reflects a troubling trend of erratic revenue patterns and operational challenges, suggesting that the company is currently in a precarious position. <BR><BR>Given these factors, the latest results can be classified as bad, highlighting significant risks for investors and raising doubts about the company's future viability.

Why is Hemang Resources Ltd falling/rising?

As of 18-Jan, Hemang Resources Ltd's stock price is stagnant at 15.00, reflecting a bearish trend with a significant decline of -51.22% over the past year. The company faces financial challenges, including operating losses and a high Debt to EBITDA ratio, leading to declining investor interest and consistent underperformance against benchmarks.

As of 18-Jan, Hemang Resources Ltd is experiencing a stagnant stock price, currently at 15.00 with no change (0.00%). Despite a recent performance where the stock outperformed its sector by 0.55%, it is trading below its moving averages across all time frames, indicating a bearish trend. The stock has shown a significant decline over the past year, with a return of -51.22%, and has consistently underperformed against the benchmark, the Sensex, in each of the last three years.<BR><BR>Investor participation is also declining, as evidenced by a 16.53% drop in delivery volume compared to the 5-day average. The company's financial health raises concerns, with operating losses and a high Debt to EBITDA ratio of -1.00 times, suggesting a low ability to service debt. Additionally, the company's profits have fallen dramatically by -87.2% over the past year, contributing to its weak long-term fundamental strength.<BR><BR>Overall, the combination of poor financial performance, declining investor interest, and consistent underperformance against benchmarks are key factors contributing to the stock's current stagnation and negative outlook.

Which are the latest news on Hemang Resources?