HVAX Technologies Ltd (HVAX) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: HVAX | Engineering Consultancy | Small Cap

BSE Share Price
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HVAX Technologies Ltd (HVAX) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: HVAX | Engineering Consultancy | Small Cap

DeciZen - make an informed investing decision on HVAX Technologies

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


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2. Valuation


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3. Price Trend


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HVAX Technologies stock performance -

Key Ratios
mw4me loader
P/E Ratio (SA):
19.86
Market Cap:
219.4 Cr.
52-wk low:
0
52-wk high:
0

Is HVAX Technologies Ltd an attractive stock to invest in?


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10 Year X-Ray of HVAX Technologies: Login to view analysis.

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.
HVAX Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 39.1%33.6%27.4%29%22.4%-
Value Creation
Index
1.81.41.01.10.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 60.868.395.9106131131
Sales YoY Gr.-12.4%40.5%10.6%23.5%-
Adj EPS 16.72231.238.740.639.8
YoY Gr.-32%41.8%24.1%4.7%-
BVPS (₹) 42.364.993151.5259.3259.3
Adj Net
Profit
3.14.15.87.911.311
Cash Flow from Ops. 6.3-0.8-3.6-12.2-21.9-
Debt/CF from Ops. 1.1-12-4.7-2-1.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA24.3%23.5%
Adj EPS NANA22.6%4.7%
BVPSNANA58.7%71.2%
Share Price - - - 30.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
39.541.139.632.921.915.3
Op. Profit
Mgn %
8.910.19.812.314.5NAN
Net Profit
Mgn %
5.1667.58.68.4
Debt to
Equity
0.90.810.80.4-
Working Cap
Days
01651921912070
Cash Conv.
Cycle
01001291351540

Recent Performance Summary

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Latest Financials - HVAX Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 39.8 -
TTM Sales (₹ Cr.) 131 -
BVPS (₹.) 259.3 -
Reserves (₹ Cr.) 69 -
P/BV 3.05 -
PE 19.86 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 219
Equity (₹ Cr.) 2.8
Face Value (₹) 10
Industry PE 26.5

Management X-Ray of HVAX Technologies:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of HVAX Technologies - Standalone Basis

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

YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of HVAX Technologies

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales616896106131
Operating Expenses 55618793112
Manufacturing Costs00003
Material Costs4342646879
Employee Cost 567910
Other Costs 713161720
Operating Profit 5791319
Operating Profit Margin (%) 8.9%10.1%8.9%12.3%14.2%
Other Income 11010
Interest 11122
Depreciation 11112
Exceptional Items 000-00
Profit Before Tax 5671115
Tax 21234
Profit After Tax 445911
PAT Margin (%) 6.1%6.1%5.4%8.0%8.4%
Adjusted EPS (₹)20.122.628.141.739.8
Dividend Payout Ratio (%)0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 812173172
Share Capital 11113
Reserves 711173069
Minority Interest00000
Debt59162428
Long Term Debt53232
Short Term Debt06142225
Trade Payables989616
Others Liabilities 15243626
Total Liabilities 37547864121

Fixed Assets

Gross Block1210101212
Accumulated Depreciation22335
Net Fixed Assets 108798
CWIP 00000
Investments 10100
Inventories315202021
Trade Receivables1620322571
Cash Equivalents 369514
Others Assets 44947
Total Assets 37547864121

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 6-1-4-12-22
PBT 5671115
Adjustment -12224
Changes in Working Capital 3-7-10-23-38
Tax Paid -1-1-2-3-3
Cash Flow From Investing Activity -42-0-20
Capex -41-0-2-0
Net Investments -00-010
Others 00000
Cash Flow From Financing Activity -3261031
Net Proceeds from Shares 000430
Net Proceeds from Borrowing -2-2-11-0
Interest Paid -1-1-1-2-2
Dividend Paid 00000
Others -15874
Net Cash Flow -132-410

Finance Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)47.5642.1835.6335.3521.45
ROCE (%)39.1433.6227.3629.0422.44
Asset Turnover Ratio1.651.51.451.51.42
PAT to CFO Conversion(x)1.5-0.25-0.8-1.33-2
Working Capital Days
Receivable Days98969999134
Inventory Days1747676957
Payable Days7776514250

HVAX Technologies Ltd Stock News

HVAX Technologies Ltd FAQs

The current trading price of HVAX Technologies 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 HVAX Technologies stood at ₹219.4.
The latest P/E ratio of HVAX Technologies as of 31-Dec-1969 is 19.86.
The latest P/B ratio of HVAX Technologies as of 31-Dec-1969 is 3.05.
The 52-week high of HVAX Technologies is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HVAX Technologies is ₹131.0 ( Cr.) .

About HVAX Technologies Ltd

HVAX Technologies was originally incorporated as ‘HVAX Technologies Private Limited’ as a private limited company under the Companies Act, 1956 vide certificate of incorporation dated November 26, 2010 issued by Deputy Registrar of Companies, Maharashtra, Mumbai. Further, the company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of the company dated December 11, 2023 and consequently, the name of the company was changed from ‘HVAX Technologies Private Limited’ to ‘HVAX Technologies Limited’ and a fresh certificate of incorporation dated January 8, 2024 was issued to the Company by the Registrar of Companies, Mumbai.

Since its incorporation in 2010, the company has evolved from its origins of acting as a HVAC project contractor and has developed expertise in undertaking turnkey projects on engineering, procurement and execution of controlled environment infrastructure and cleanrooms; design, engineering and consultancy services for pharma and healthcare companies; and sale and supply of equipment. While its primary customers are pharmaceutical companies, its customers also include chemical companies, hospitals, healthcare companies, and FMCG companies.

The company is engaged in the business of turnkey projects on engineering, procurement and execution of controlled environment infrastructure and cleanrooms; design, engineering and consultancy services for pharma and healthcare companies. It sells and supplies the equipment as a part of turnkey projects. Hence, the end users for the same are its clients i.e. pharmaceutical companies, chemical companies, hospitals, healthcare companies, and FMCG companies.

As a turnkey solution company, it is a “design-to-delivery” controlled environment infrastructure and cleanroom solutions provider with the ability to provide end to end solution encompassing designing, engineering, procurement, installation, testing, commissioning, management and operational support for a wide range of customers primarily in the pharmaceutical, healthcare, hospital and biotech sector across India and internationally. With a skilled team, strong project execution capabilities, and a client-centric focus, it is committed for delivering high-quality, safe, and innovative solutions that meet its clients’ specific needs. The company engaged with its customers directly and also indirectly as a sub-contractor to the main contractor where it is assigned specific work scope. Further, it also engaged third- party contractors for undertaking civil, mechanical and structural works. Its expertise covers the entire project lifecycle, ensuring timely delivery and successful outcomes for even the most complex projects.

Business area of the company 

The company is engaged in the business of turnkey projects on engineering, procurement and execution of controlled environment infrastructure and cleanrooms; design, engineering and consultancy services for pharma and healthcare companies.

History and milestones

  • 2010: The company was incorporated as a private limited company under the name ‘HVAX Technologies Private Limited’.
  • 2023: Accorded status of Two Star Export House by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India.
  • 2024: Conversion of the company from private limited to public limited company.

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