Hemang Resources

Which are the latest news on Hemang Resources?

Why is Hemang Resources Ltd falling/rising?

As of 05-Sep, Hemang Resources Ltd's stock price is Rs 9.07, reflecting a 4.53% decrease. The stock has significantly underperformed, with a 59.36% drop over the past year and is currently close to its 52-week low, indicating a bearish trend.

As of 05-Sep, Hemang Resources Ltd's stock price is falling, currently at Rs 9.07, which reflects a decrease of Rs 0.43 or 4.53%. The stock has been underperforming significantly, with a decline of 5.91% over the past week and a staggering 35.08% drop over the last month. Year-to-date, the stock has decreased by 43.35%, and over the past year, it has fallen by 59.36%. <BR><BR>The stock is also close to its 52-week low, being only 1.1% away from that point. It has experienced consecutive losses for the last three days, resulting in a total decline of 9.99% during this period. Furthermore, Hemang Resources is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. <BR><BR>Despite a rise in investor participation, with delivery volume increasing by 163.25% on September 3rd compared to the 5-day average, the overall performance remains weak, as the stock has underperformed its sector by 5.48% today. These factors collectively contribute to the ongoing decline in Hemang Resources Ltd's stock price.

Who are in the management team of Hemang Resources?

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.

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>If you need more details about their roles or the company, feel free to ask!

What does Hemang Resources do?

Hemang Resources Ltd is a Micro Cap company in the Trading & Distributors industry, previously known as BCC Housing Finance and Leasing Company. As of June 2026, it reported net sales and profit of 0 Cr, with a market cap of INR 13 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 initially incorporated as BCC Housing Finance and Leasing Company Limited, a Non Banking Financial Institution. It underwent several name changes, becoming BCC Finance Limited in 1994, Bhatia Industries & Infrastructure Limited in 2006, and finally Hemang Resources Limited in 2015. The latest quarterly results reported are for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Jun 2026)<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 13 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 21<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.03<BR>Return on Equity: -4.75%<BR>Price to Book: 0.54<BR><BR>Contact Details:<BR>Address: Plot No 4 6th Avenue, Harington Road Chetpet Chennai Tamil Nadu : 600031<BR>Phone: 91-044-4559 0053/2836 2127<BR>Email: cs@bhatiacoalindia.com<BR>Website: http://www.bhatiacoalindia.com

Who are the peers of the Hemang Resources?

Hemang Resources' peers include Sabrimala Indus., New Light Indust., Diggi Multitrade, and others, with Hemang Resources showing average management risk and growth but a below-average capital structure. It has the lowest 1-year return at -55.22%, significantly underperforming compared to its peers.

Peers: The peers of Hemang Resources are Sabrimala Indus., New Light Indust, Diggi Multitrade, Muller & Phipps, Zinema Media, Ind-Agiv Commer., Mitshi India, NMS Global, Dhyaani Trade, and Suncare Traders.<BR><BR>Quality Snapshot: Below Average management risk is observed at Sabrimala Indus., New Light Indust, Diggi Multitrade, Zinema Media, Mitshi India, Dhyaani Trade, and Suncare Traders, while Average management risk is found at Hemang Resources, Ind-Agiv Commer., and NMS Global. Muller & Phipps does not qualify for management risk assessment. Below Average growth is noted at Sabrimala Indus., New Light Indust, Diggi Multitrade, Muller & Phipps, Ind-Agiv Commer., Mitshi India, NMS Global, Dhyaani Trade, and Suncare Traders, while Average growth is found at Hemang Resources and Zinema Media. Below Average capital structure is present at Sabrimala Indus., New Light Indust, Diggi Multitrade, Zinema Media, Mitshi India, Dhyaani Trade, Suncare Traders, and Hemang Resources, while Average capital structure is noted at Ind-Agiv Commer. and NMS Global.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sabrimala Indus. at 36.27%, while the peer with the lowest is Hemang Resources at -55.22%, indicating that Hemang Resources significantly underperforms compared to its peers. Additionally, several peers, including Muller & Phipps, NMS Global, and Suncare Traders, have negative six-month returns.

How big is Hemang Resources?

As of 31st August, Hemang Resources Ltd has a market capitalization of 13.00 Cr and reported Net Sales of 6.84 Cr with a Net Profit loss of 1.13 Cr over the latest four quarters. Shareholder's Funds are 25.96 Cr and Total Assets are 52.85 Cr as of March 2025.

As of 31st August, Hemang Resources Ltd has a market capitalization of 13.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Hemang Resources reported Net Sales of 6.84 Cr. However, the company experienced a loss of 1.13 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2025. Shareholder's Funds are recorded at 25.96 Cr, while Total Assets amount to 52.85 Cr.

Should I buy, sell or hold Hemang Resources Ltd?

When is the next results date for Hemang Resources Ltd?

The next results date for Hemang Resources Ltd is 27 May 2026.

The next results date for Hemang Resources Ltd is scheduled for 27 May 2026.

Are Hemang Resources Ltd latest results good or bad?

Hemang Resources Ltd's latest Q2 FY26 results are concerning, with zero net sales and a net loss of ₹0.22 crores, marking a significant decline in operational performance. Overall, the results indicate a distressed company facing critical challenges, making it a high-risk investment.

Hemang Resources Ltd's latest results for Q2 FY26 are quite concerning. The company reported net sales of ₹0.00 crores, which indicates a complete lack of revenue generation and represents a 100% decline both quarter-on-quarter and year-on-year. This marks the second quarter in the past year where the company has reported zero sales, suggesting significant operational issues.<BR><BR>Additionally, the company incurred a net loss of ₹0.22 crores, a deterioration from a profit of ₹0.54 crores in the previous quarter. The operating margin stands at 0.0%, highlighting the unsustainable nature of its cost structure without any revenue base.<BR><BR>While Hemang Resources has a five-year average return on equity (ROE) of 30.04%, the latest ROE has plummeted to just 5.25%, indicating a severe decline in operational performance. The stock has also underperformed significantly, with a 36.17% decline over the past year compared to the Sensex's gain of 9.85%.<BR><BR>Overall, the financial performance reflects a company in distress, facing critical operational challenges and a business model that appears fundamentally broken. Given these factors, the latest results can be classified as bad, with multiple red flags indicating a high-risk investment environment.

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.

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.

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.

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.