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HGS (India) Ltd (HGSINDIALT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: HGSINDIALT Cable | Small Cap | HGS (India) Share Price

BSE Share Price
Not Listed

HGS (India) Ltd (HGSINDIALT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: HGSINDIALT Cable | Small Cap | HGS (India) Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹233 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹10.7
TTM Sales
₹45.2 Cr.
Book Value per Share
₹107.9
P/E Ratio
20.00
Industry PE
43.1
Price to Book (P/B)
1.99
Price to Sales (P/S)
5.15
EV/EBITDA
13.40
Dividend Yield
INF%
Profitability Efficiency
Return on Equity (ROE)
13.35%
In line with industry median
Return on Capital Employed (ROCE)
17.73%
Outperforms industry median
Return on Assets (ROA)
10.87%
Outperforms industry median
Operating Profit Margin
29.2%
Outperforms industry median
Net Profit Margin
25.77%
Outperforms industry median
Gross Profit Margin
37.4%
Outperforms industry median
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-8.96%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
18.94%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
10.75%
Asset Quality
Promoter Holding
%
Pledged shares (%) of Promoter's holding (%)
%
Reserves
₹106 Cr.
Equity
₹10.9 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

HGS (India) stock performance

Key Ratios
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Quality

Somewhat Good
Check detailed performance

Valuation

NA

Check Valuation charts

Price Trend

Weak
Check Price chart
Q.1 Is HGS (India) Ltd a good quality company?
HGS (India) Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

View More

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

View More
How does HGS (India) Ltd performance compare with that of its Peers?
Q.1 Revenue growth of HGS (India) Ltd vs industry peers?
HGS (India) Ltd revenue CAGR is 15.06%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of HGS (India) Ltd?
Promoters hold % of the HGS (India) Ltd, with % of their stake pledged, indicating no pledge risk.
Q.1 Stock return of HGS (India) Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
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10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
HGS (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ12.4%10.5%2.2%9.8%4%5.4%4.3%5%15%17.6%-
Value Creation
Index ⓘ		-0.1-0.3-0.9-0.3-0.7-0.6-0.7-0.60.10.3-

Growth Parameters ⓘ
Sales ⓘ44.755.422.348.440.444.625.231.544.440.440
Sales YoY Gr.-23.9%-59.7%116.7%-16.6%10.4%-43.5%25%41.1%-9%-
Adj EPS ⓘ5.74.81.15.32.52.92.23.712.111.910.3
YoY Gr.--17.1%-76.1%361.4%-52.5%15.6%-25.6%73.5%223.3%-1.1%-
BVPS (₹) ⓘ80.483.284.590.391.196.297.798.3116.4101.1105.1
Adj Net
Profit ⓘ		6.45.31.35.92.82.723.58.610.211
Cash Flow from Ops. ⓘ12.5-3.99.25.43.8-1.710.21013.15.7-
Debt/CF from Ops. ⓘ0-0.500000000-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-1.1%0%17.1%-9%
Adj EPS ⓘ8.5%36.7%77%-1.1%
BVPSⓘ2.6%2.1%1.1%-13.2%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ		6.55.31.25.52.52.623.48.810.810
Op. Profit
Mgn % ⓘ		2213.73.416.29.49.15.811.923.231NAN
Net Profit
Mgn % ⓘ		14.39.65.712.16.96.28.111.319.325.227.7
Debt to
Equity ⓘ		0000000000-
Working Cap
Days ⓘ		3683338613934874668245993864100
Cash Conv.
Cycle ⓘ		3283038103534393997595313303800

Valuation of HGS (India) - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Financials

PARTICULARSMar'23Mar'24Mar'25Mar'26
Sales30354945
Operating Expenses ⓘ + 27323832
Manufacturing Costs3234
Material Costs511178
Employee Cost 14131314
Other Costs ⓘ 5566
Operating Profit ⓘ 241113
Operating Profit Margin (%) 7.9%10.8%22.6%29.2%
Other Income ⓘ + 4244
Exceptional Items ⓘ 0000
Interest ⓘ 0000
Depreciation ⓘ 2111
Profit Before Tax ⓘ 551415
Tax ⓘ 1134
Profit After Tax 441112
PAT Margin (%) 12.4%11.3%21.4%25.8%
Adjusted EPS (₹)3.94.214.813.6
Dividend Payout Ratio (%)38.80%83%67.70%73.30%
PARTICULARSMar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1041059599
Share Capital ⓘ 9.489.487.118.53
Reserves ⓘ 95958891
Debt +0000
Long Term Debt0000
Short Term Debt0000
Minority Interest0000
Trade Payables1011
Others Liabilities ⓘ 98810
Total Liabilities ⓘ 115114104110

Fixed Assets

Net Fixed Assets ⓘ +39393837
Gross Block63636464
Accumulated Depreciation24242527
CWIP ⓘ 0000
Investments ⓘ 19161616
Inventories47423845
Trade Receivables3134
Cash Equivalents 5576
Others Assets ⓘ 11022
Total Assets ⓘ 115114104110
PARTICULARSMar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 1110146
PBT ⓘ 551415
Adjustment ⓘ 1-102
Changes in Working Capital ⓘ 672-7
Tax Paid ⓘ -1-1-2-4
Cash Flow From Investing Activity ⓘ + -13-890
Capex -1-1-1-1
Net Investments -12321
Others ⓘ -0-990
Cash Flow From Financing Activity ⓘ + -1-3-20-8
Net Proceeds from Shares ⓘ 0000
Net Proceeds from Borrowing ⓘ 0000
Interest Paid ⓘ -0-0-0-0
Dividend Paid ⓘ -1-3-4-8
Others ⓘ 00-16-0
Net Cash Flow ⓘ -3-13-1
PARTICULARSMar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)3.884.2211.6613.35
ROCE (%)5.25.0615.5117.73
Asset Turnover Ratio0.260.310.450.42
PAT to CFO Conversion(x)2.752.51.270.5
Working Capital Days
Receivable Days39.602415.8026.90
Inventory Days581.90461.20298.70336.50
Payable Days41.8016.2017.3048.50

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Annual reports

No annual reports available.

Concalls

No concalls available.

HGS (India) Ltd FAQs

The current trading price of HGS (India) on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of HGS (India) stood at ₹232.8 Cr

The latest P/E ratio of HGS (India) as of 31-Dec-1969 is 20.83.

The latest P/B ratio of HGS (India) as of 31-Dec-1969 is 2.04.

The 52-week high of HGS (India) is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HGS (India) is ₹40.42 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that HGS (India) Ltd is a average quality company.

No data found

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of HGS (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About HGS (India) Ltd

HGS (India) was established in 1986 in technical and financial collaboration with Geosource Inc USA, to manufacture geophone strings, seismic cables & connectors. The company is engaged in the business of manufacturing geophones, geophone strings, seismic cables, geophysical connectors, and parts and accessories for geophysical equipment for the seismic industry within the energy and geoscience sectors. Its products are used in the acquisition of seismic data and are integral to recording and transmitting ground vibration signals for the processing, interpretation, and analysis of subsurface geological structures.

The company’s solutions are utilized extensively in Oil & Gas Exploration, Defence Research, Mineral Exploration, Vibration Monitoring, Geophysical Seabed Surveys, Earthquake Seismology, and Applied & Academic Research industries & Institutes. Beyond seismic data acquisition systems, it also manufactures cables and connectors for resistivity meters and radar equipment. As a One Star Export House, it maintains a broad global client base across the United States, Germany, Sweden, Switzerland, Estonia, Slovakia, Netherlands, South Africa, Saudi Arabia, Australia, Spain, United Kingdom, Norway, Ukraine, Brazil, Canada, Indonesia, Denmark, UAE and many other nations. Its primary focus is delivering integrated services to global seismic contractors and major oil companies.

Business area of the company

The company is engaged in the business of manufacturing Geophone strings, Cables and Connectors. It caters to both domestic and international markets.

Products of the company

  • Geophone strings /Harness
  • Seismic Cables
  • Geophysical Connectors
  • Geophones and geophone testers
  • Seismometers
  • Seismographs
  • Accelerograph
  • Sigma 4+ Weather Monitors
  • Boom Box

Awards, accreditations and recognition 

  • 2005: Accredited with ISO 9001:2015 for Design & Manufacture of marsh and land geophone strings, geophysical connectors, seismic cables and their accessories.
  • 2009: Awarded as ‘Emerging India Awards’ powered by CRISIL.
  • 2006: Received recognition certificate of 100% Export Oriented Unit by Noida Special Economic Zone, Ministry of Commerce and Industry.
  • 2010: Received recognition certificate of One Star Export House by Ministry of Commerce and Industry.
  • 2012: Awarded as ‘India SME 100 Awards’ by Bank of India ‘Celebrating SME Achievers of 2012’.
  • 2013: Awarded with Second prize ‘CraftsPerson National Award 2013’ by MSME.
  • 2017: Awarded as Best Manufacturer Exporter (small) presented by ECGC Ltd ‘Indian Exporters’ Excellence Awards 2017’.
  • 2017: Awarded as ‘SME Business Excellence Awards 2017’ by Dun & Bradstreet.
  • 2018: Awarded as SME Empowering India Awards 2018 under the category of Engineering Goods.
  • 2021: Awarded as SME Empowering India Awards 2021 under the category of Electronic Products & Solutions.
  • 2025: Awarded as SME Empowering India Awards 2025 under the category of Engineering Products and Equipment.

History and milestones

  • 1986: Incorporation of company in the name of ‘Geosource India Limited’.
  • 1989: Commencement of Factory Unit 37-38, Udyog Vihar, Gurgaon.
  • 1992: Change in name of the company from ‘Geosource India Limited’ to ‘HGS (India) Limited’.
  • 2009-10: Surrender of Factory Unit 37-38, Udyog Vihar, Gurgaon and Commencement of Factory Unit 158, Sector-4, Industrial estate, Ch. Devi Lal IMT Manesar, Gurgaon, Haryana.
  • 2011: Commencement of Factory Unit 146, Sector-5, IMT Manesar, Gurgaon.
  • 2015: Formation of 100% Subsidiary ‘HGS Products B.V.’
  • 2024: Surrender of Factory Unit 146, Sector-5, IMT Manesar, Gurgaon and consolidation of operations at existing factory, 158, Sector-4, Industrial estate, Ch. Devi Lal IMT Manesar, Gurgaon, Haryana.
  • 2024: Received Gold Recognition Certificate of Zero Defect Zero Effect from MSME.

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