Hi-Green Carbon

  • Market Cap: Micro Cap
  • Industry: Chemicals & Petrochemicals
  • ISIN: INE0PIC01017
  • NSEID: HIGREEN
  • BSEID:
INR
104.70
-12.15 (-10.4%)
BSENSE

Mar 27

BSE+NSE Vol: 111200

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.11 lacs (62.38%) Volume

Shareholding (Dec 2025)

FII

0.92%

Held by 4 FIIs

DII

0.28%

Held by 0 DIIs

Promoter

71.91%

Is Hi-Green Carbon overvalued or undervalued?

09-Jun-2025

As of May 28, 2025, Hi-Green Carbon is considered very expensive with a PE ratio of 53.11, significantly higher than its peers, indicating it is overvalued despite recent stock performance improvements.

As of 28 May 2025, the valuation grade for Hi-Green Carbon has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 53.11, a price to book value of 7.43, and an EV to EBITDA ratio of 31.72. These metrics suggest that the stock is trading at a premium compared to its earnings and asset values.<BR><BR>In comparison to its peers, Hi-Green Carbon's PE ratio is notably higher than that of Godrej Industries Ltd., which has a PE of 46.63 and is rated as attractive. Additionally, Solar Industries India Ltd. is significantly more expensive with a PE of 123.77, but it also reflects the high valuation environment in this sector. The recent stock performance shows that Hi-Green Carbon has outperformed the Sensex over the past week and month, but its year-to-date return of -8.38% indicates underlying challenges despite the recent uptick.

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When is the next results date for Hi-Green Carbon?

06-Jun-2025

No Upcoming Board Meetings

Has Hi-Green Carbon declared dividend?

06-Jun-2025

No Dividend History Available

Who are the peers of the Hi-Green Carbon?

16-Jul-2025

Hi-Green Carbon's peers include Shri Ahimsa, Arvee Laborat., Hindcon Chemical, Indian Emuls, Jocil, Vital Chemtech, Indian Phosphate, Paragon Fine, and Par Drugs & Che. Hi-Green Carbon has a good management risk rating and the highest 1-year return at 13.82%, while Indian Emuls has the lowest return at -63.70%.

Peers: The peers of Hi-Green Carbon are Shri Ahimsa, Arvee Laborat., Hindcon Chemical, Indian Emuls, Jocil, Vital Chemtech, Indian Phosphate, Paragon Fine, and Par Drugs & Che.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shri Ahimsa, Indian Emuls, Indian Phosphate, and Paragon Fine, while Good management risk is found at Hi-Green Carbon and the rest. Average management risk is noted for Arvee Laborat., Hindcon Chemical, Jocil, Vital Chemtech, and Par Drugs & Che. Growth is Excellent for Indian Emuls, Average for Hi-Green Carbon, and the rest, while Below Average growth is seen at Shri Ahimsa, Arvee Laborat., Hindcon Chemical, Jocil, Vital Chemtech, Indian Phosphate, Paragon Fine, and Par Drugs & Che. Capital Structure is Excellent for Shri Ahimsa, Hindcon Chemical, and Par Drugs & Che, Good for Hi-Green Carbon, Arvee Laborat., Indian Phosphate, and Paragon Fine, and Average for Indian Emuls and Vital Chemtech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hi-Green Carbon at 13.82%, while the lowest is Indian Emuls at -63.70%. Hi-Green Carbon's 1-year return is significantly higher than all its peers. Additionally, the six-month return is negative for Hindcon Chemical, Indian Emuls, Vital Chemtech, Paragon Fine, and Par Drugs & Che.

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What does Hi-Green Carbon do?

17-Jul-2025

Hi-Green Carbon Ltd is a Micro Cap company in the Chemicals & Petrochemicals industry, originally incorporated in 2011, with no reported sales or profit for the latest quarter and a market cap of INR 490 Cr. Key metrics include a P/E ratio of 46.00 and a return on equity of 14.00%.

Overview:<BR>Hi-Green Carbon Ltd operates in the Chemicals & Petrochemicals industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated in 2011 as "Shantol Green Hydrocarbons (India) Private Limited" and later changed its name to "Shantol Green Energy (India) Private Limited." There is no sales or profit data reported for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 490 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 46.00<BR>Industry P/E: 47<BR>Dividend Yield: 0.00%<BR>Debt Equity: 0.18<BR>Return on Equity: 14.00%<BR>Price to Book: 6.42<BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A<BR>Email: N/A<BR>Website: N/A

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Who are the top shareholders of the Hi-Green Carbon?

17-Jul-2025

The top shareholders of Hi-Green Carbon include Rng Finlease Private Limited with 50.25%, five foreign institutional investors holding 2.22%, and Niveshaay Hedgehogs Fund as the largest public shareholder at 1.76%. Individual investors collectively own 17.22% of the shares.

The top shareholders of Hi-Green Carbon include Rng Finlease Private Limited, which holds the largest stake at 50.25%. The company is primarily owned by its promoters, with no pledged promoter holdings reported. Additionally, there are five foreign institutional investors (FIIs) collectively holding 2.22% of the shares. The highest public shareholder is Niveshaay Hedgehogs Fund, owning 1.76%. Individual investors also have a significant presence, holding 17.22% of the company's shares.

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How big is Hi-Green Carbon?

24-Jul-2025

As of 24th July, Hi-Green Carbon Ltd has a market capitalization of 603.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. The balance sheet as of March 2024 shows Shareholder's Funds of 75.52 Cr and Total Assets of 105.37 Cr.

As of 24th July, <BR><BR>Market Cap: Hi-Green Carbon Ltd has a market capitalization of 603.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 75.52 Cr and Total Assets totaling 105.37 Cr.

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Is Hi-Green Carbon technically bullish or bearish?

15-Oct-2025

As of 14 October 2025, Hi-Green Carbon's technical trend is mildly bearish, indicated by bearish momentum from the weekly MACD, RSI, and Bollinger Bands, despite a bullish signal from Dow Theory and a mildly bullish On-Balance Volume.

As of 14 October 2025, the technical trend for Hi-Green Carbon has changed from sideways to mildly bearish. The weekly MACD and RSI are both indicating bearish momentum, while the Bollinger Bands also reflect a bearish stance. Although the Dow Theory shows a bullish signal on the weekly timeframe, the overall sentiment is dampened by the bearish indicators on the weekly MACD, RSI, and Bollinger Bands. The On-Balance Volume (OBV) is mildly bullish, but this is not strong enough to counter the prevailing bearish signals. Overall, the current technical stance is mildly bearish.

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How has been the historical performance of Hi-Green Carbon?

15-Nov-2025

Hi-Green Carbon's historical performance shows revenue growth from 77.95 Cr in Mar'23 to 96.79 Cr in Mar'25, despite a dip in Mar'24, but profitability metrics declined, with profit after tax falling from 12.35 Cr to 11.13 Cr. Total assets and liabilities increased significantly, while cash flow improved to 12 Cr in Mar'25 from a negative 1 Cr in Mar'24, indicating ongoing financial challenges.

Answer:<BR>The historical performance of Hi-Green Carbon shows a mixed trend in financial metrics over the past three years.<BR><BR>Breakdown:<BR>Hi-Green Carbon's net sales increased from 77.95 Cr in Mar'23 to 96.79 Cr in Mar'25, reflecting growth despite a dip to 70.25 Cr in Mar'24. Total operating income followed a similar pattern, peaking at 96.79 Cr in Mar'25. However, total expenditure also rose significantly, from 57.94 Cr in Mar'23 to 77.68 Cr in Mar'25, driven by higher raw material costs, which surged from 49.55 Cr to 70.62 Cr in the same period. Operating profit (PBDIT) fluctuated, reaching 21.19 Cr in Mar'25 after a peak of 20.41 Cr in Mar'23, while profit before tax decreased from 15.98 Cr in Mar'23 to 13.52 Cr in Mar'25. Profit after tax also saw a decline from 12.35 Cr in Mar'23 to 11.13 Cr in Mar'25. The company's total assets grew from 45.48 Cr in Mar'23 to 141.29 Cr in Mar'25, with total liabilities increasing from 45.48 Cr to 141.29 Cr as well. Cash flow from operating activities improved to 12 Cr in Mar'25 from a negative 1 Cr in Mar'24, although the net cash outflow was 10 Cr in Mar'25. Overall, while Hi-Green Carbon has shown revenue growth, profitability metrics and cash flow present challenges that need to be addressed.

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Why is Hi-Green Carbon Ltd falling/rising?

18-Mar-2026

As of 17-Mar, Hi-Green Carbon Ltd's stock price is at 124.60, up 4.01%, outperforming the sector today. Despite this short-term gain, the stock has declined 27.87% year-to-date and 38.73% over the past year, indicating a longer-term bearish trend, although increased trading volume may suggest a shift in investor sentiment.

As of 17-Mar, Hi-Green Carbon Ltd's stock price is rising, currently at 124.60, reflecting an increase of 4.8 or 4.01%. This upward movement is notable as it outperformed the sector by 4.02% today. Additionally, there has been a significant rise in investor participation, with a delivery volume of 60.8k on 16 March, which is an increase of 347.06% compared to the 5-day average. <BR><BR>Despite the positive performance today, it is important to note that the stock has been underperforming over longer periods, with a year-to-date decline of 27.87% and a one-year drop of 38.73%. Furthermore, the stock is currently trading below its moving averages across various time frames, indicating a longer-term bearish trend. However, the increased trading volume suggests a potential shift in investor sentiment, contributing to the current rise in stock price.

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Why is Hi-Green Carbon Ltd falling/rising?

19-Mar-2026

As of 18-Mar, Hi-Green Carbon Ltd's stock price is rising to 128.00, up 2.73%. This increase is driven by strong investor participation and a 2.24% outperformance relative to its sector, although the stock has declined significantly over the year.

As of 18-Mar, Hi-Green Carbon Ltd's stock price is rising, currently at 128.00, reflecting a change of 3.4 (2.73%) upward. This increase can be attributed to several factors. Notably, the stock has outperformed its sector by 2.24% today, indicating a stronger performance relative to its peers. Additionally, there has been a significant rise in investor participation, with a delivery volume of 48,000 shares on 17 March, which is an increase of 112.77% compared to the 5-day average delivery volume. This surge in trading activity suggests heightened interest and confidence among investors.<BR><BR>However, it is important to note that despite today's rise, the stock has experienced a decline over longer periods, with a year-to-date drop of 25.90% and a one-year decline of 36.96%. The current price is higher than the 5-day moving averages but remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating that while there is a short-term positive movement, the stock is still underperforming in the longer term. Overall, the combination of today's positive performance and increased trading volume contributes to the current rise in Hi-Green Carbon Ltd's stock price.

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Why is Hi-Green Carbon Ltd falling/rising?

20-Mar-2026

As of 19-Mar, Hi-Green Carbon Ltd's stock price is at 125.00, down 2.34%, with a year-to-date drop of 27.64% compared to the Sensex's 11.97% decline. The stock is below its moving averages, indicating a bearish trend despite increased investor participation.

As of 19-Mar, Hi-Green Carbon Ltd's stock price is falling, currently at 125.00, reflecting a decrease of 3.0 points or 2.34%. This decline is consistent with the company's performance over various time periods, showing a significant year-to-date drop of 27.64% compared to a 11.97% decline in the benchmark Sensex. Over the past year, the stock has decreased by 39.98%, while the Sensex has seen a slight increase of 0.41%.<BR><BR>Additionally, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 80.85% against the 5-day average, the overall market sentiment appears to be negative, contributing to the stock's decline.

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Why is Hi-Green Carbon Ltd falling/rising?

21-Mar-2026

As of 20-Mar, Hi-Green Carbon Ltd's stock price is declining, currently at 120.50, reflecting a year-to-date drop of 30.25% and trading close to its 52-week low. The stock is underperforming its sector and experiencing decreased investor interest, contributing to its downward trend.

As of 20-Mar, Hi-Green Carbon Ltd's stock price is falling, currently at 120.50, which reflects a decrease of 4.5 or 3.6%. This decline is evident in the stock's performance over various periods, showing a significant drop of 30.25% year-to-date and 41.36% over the past year, compared to the Sensex, which has only decreased by 11.54% and 0.33% respectively. <BR><BR>Additionally, the stock is currently trading close to its 52-week low, just 2.9% above it, indicating a lack of upward momentum. The performance today has underperformed the sector by 3.36%, and the stock is trading lower than its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. <BR><BR>Investor participation has also declined, with a delivery volume of 27.2k on 19 March, which is down by 28.27% compared to the 5-day average. This decrease in trading activity suggests waning interest among investors, further contributing to the stock's downward trend. Overall, these factors collectively indicate that Hi-Green Carbon Ltd is experiencing a significant decline in its stock price.

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Why is Hi-Green Carbon Ltd falling/rising?

24-Mar-2026

As of 23-Mar, Hi-Green Carbon Ltd's stock price is at 114.50, down 4.98%, with a year-to-date decline of 33.72% and a new 52-week low of Rs.112. The stock is underperforming its sector and trading below key moving averages, indicating a bearish trend and declining investor participation.

As of 23-Mar, Hi-Green Carbon Ltd's stock price is falling, currently at 114.50, which reflects a decrease of 6.0 or 4.98%. This decline is evident in various performance metrics; over the past week, the stock has dropped by 4.42%, and it has experienced a significant year-to-date decline of 33.72%. Furthermore, the stock has hit a new 52-week low of Rs.112 today, indicating ongoing downward pressure.<BR><BR>The stock's performance has also underperformed compared to the sector, with a negative performance of 1.24% today. Additionally, Hi-Green Carbon is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. <BR><BR>Investor participation appears to be declining as well, with delivery volume on March 20 falling by 20.07% compared to the 5-day average. This reduction in trading activity may further contribute to the stock's downward trajectory. Overall, these factors collectively explain the current decline in Hi-Green Carbon Ltd's stock price.

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Why is Hi-Green Carbon Ltd falling/rising?

25-Mar-2026

As of 24-Mar, Hi-Green Carbon Ltd's stock price is at 111.55, down 2.58%, and has significantly underperformed with a year-to-date decline of 35.43%. The stock has reached a new 52-week low and is trading below all major moving averages, indicating a bearish trend and reduced investor interest.

As of 24-Mar, Hi-Green Carbon Ltd's stock price is falling, currently at 111.55, which reflects a decrease of 2.95 or 2.58%. The stock has underperformed significantly over various time frames, with a year-to-date decline of 35.43% compared to a 12.31% drop in the benchmark Sensex. Additionally, the stock has reached a new 52-week low of Rs. 101.2 today, indicating ongoing weakness.<BR><BR>The performance today shows that Hi-Green Carbon has underperformed its sector by 4.97%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Investor participation has also decreased, with delivery volume dropping by 34.16% compared to the 5-day average, indicating reduced interest from investors. Overall, these factors contribute to the stock's decline.

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Why is Hi-Green Carbon Ltd falling/rising?

26-Mar-2026

As of 25-Mar, Hi-Green Carbon Ltd's stock price is at 116.85, reflecting a 4.75% increase today, driven by heightened investor activity. However, the stock has underperformed over longer periods, with significant declines year-to-date and is trading below its moving averages, indicating a bearish trend.

As of 25-Mar, Hi-Green Carbon Ltd's stock price is rising, currently at 116.85, with a change of 5.3, representing an increase of 4.75%. This upward movement is notable as the stock has outperformed its sector by 3.05% today. Additionally, there has been a significant increase in investor participation, with a delivery volume of 83.2k on 24 March, which is up by 114.88% compared to the 5-day average. <BR><BR>However, it is important to note that despite today's rise, the stock has been underperforming over longer periods, with declines of 8.71% over the past week, 14.14% over the past month, and 32.36% year-to-date. Furthermore, the stock is currently trading below its moving averages across various time frames, indicating a longer-term bearish trend. Nonetheless, the current rise in price can be attributed to increased trading activity and positive sector performance today.

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Which are the latest news on Hi-Green Carbon?

27-Mar-2026
No latest news for Hi-Green Carbon found.

iScoreScore
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Strong Sell
Sell
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Strong Buy

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stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Chemicals & Petrochemicals

stock-summary
Market cap

INR 289 Cr (Micro Cap)

stock-summary
P/E

25.00

stock-summary
Industry P/E

37

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.23

stock-summary
Return on Equity

11.40%

stock-summary
Price to Book

3.15

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-40.05%
0%
-40.05%
6 Months
-51.3%
0%
-51.3%
1 Year
-48.21%
0%
-48.21%
2 Years
-37.31%
0%
-37.31%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Hi-Green Carbon for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

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No Recent News for the Company

Announcements stock-summary

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No announcement available

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
20.00%
EBIT Growth (5y)
28.43%
EBIT to Interest (avg)
10.11
Debt to EBITDA (avg)
1.18
Net Debt to Equity (avg)
0.23
Sales to Capital Employed (avg)
0.80
Tax Ratio
19.62%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.20%
ROCE (avg)
11.14%
ROE (avg)
12.28%

Valuation key factors

Factor
Value
P/E Ratio
25
Industry P/E
0
Price to Book Value
2.80
EV to EBIT
22.81
EV to EBITDA
15.50
EV to Capital Employed
2.47
EV to Sales
3.18
PEG Ratio
8.72
Dividend Yield
NA
ROCE (Latest)
10.81%
ROE (Latest)
11.40%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Ā TurnedĀ 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 4 FIIs (0.92%)

Promoter with highest holding

Rng Finlease Private Limited (50.25%)

Highest Public shareholder

Debashish Neogi (1.82%)

Individual Investors Holdings

19.45%

stock-summaryFinancial
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stock-summaryCompany CV
About Hi-Green Carbon Ltd stock-summary
stock-summary
Hi-Green Carbon Ltd
Micro Cap
Chemicals & Petrochemicals
Hi-Green Carbon Ltd was originally incorporated as "Shantol Green Hydrocarbons (India) Private Limited" as a Private Limited Company vide Certificate of Incorporation dated August 29, 2011, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, name of the Company was changed from "Shantol Green Hydrocarbons (India) Private Limited" to "Shantol Green Energy (India) Private Limited", dated November 04, 2011.
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