Hemang Resources quarterly results and financials

Hemang Resources (BSE 531178)₹8.99+7.79%(9 Nov 2026 close)Trading & Distributors

Key facts

In the Mar 2026 quarter (standalone), Hemang Resources reported sales of ₹6.83 Cr, down 9.1% from Mar 2025, and net profit of −₹0.57 Cr, down 173.1% year on year. For the year to Mar 2026, sales were ₹8.07 Cr and net profit −₹0.44 Cr.

Sales (Mar 2026): ₹6.83 Cr
Net profit (Mar 2026): −₹0.57 Cr
Sales (FY Mar 2026): ₹8.07 Cr
Net profit (FY Mar 2026): −₹0.44 Cr
EPS (Mar 2026): ₹−0.43
Borrowings (Mar 2026): ₹1.71 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Hemang Resources quarterly results

₹ crore unless stated; each column is a quarter.

Hemang Resources Quarterly results
	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	24.39	5.36	0.37	6.89	0.30	0.95	0.00	7.51	1.23	0.00	0.00	6.83
Expenses	36.22	7.91	1.44	6.96	0.50	1.28	0.20	6.90	1.48	0.25	0.20	7.49
Operating Profit	−11.77	−2.56	−1.06	−0.07	−0.21	−0.34	−0.20	0.63	−0.24	−0.25	−0.20	−0.67
OPM %	−48.0%	−47.5%	−276.3%	−0.9%	−64.5%	−34.4%	—	8.2%	−18.5%	—	—	−9.6%
Other Income	0.09	1.82	0.00	10.23	0.00	0.00	0.47	0.46	0.76	0.01	0.00	0.00
Interest	0.02	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	−11.71	−0.74	−1.06	10.24	−0.21	−0.33	0.30	1.10	0.55	−0.23	−0.19	−0.68
Tax %	0.0%	0.0%	0.0%	−21.4%	0.0%	0.0%	0.0%	29.3%	0.0%	0.0%	0.0%	−17.9%
Net Profit	−11.69	−0.74	−1.06	12.38	−0.21	−0.33	0.30	0.78	0.55	−0.23	−0.19	−0.57
EPS (Rs)	−8.85	−0.56	−0.81	9.39	−0.16	−0.25	0.23	0.59	0.42	−0.18	−0.15	−0.43

Hemang Resources profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Hemang Resources Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	434	249	126	36.95	1.34	0.09	65.71	204	37.03	8.78	8.07	8.06
Expenses	427	246	142	51.49	21.03	19.63	50.22	195	52.52	8.88	9.41	9.42
Operating Profit	9.03	4.06	−15.94	−14.48	−19.74	−19.58	15.66	10.00	−15.46	−0.10	−1.35	−1.36
OPM %	2.1%	1.6%	−12.6%	−39.0%	−1,458.5%	−19,540.0%	23.8%	4.9%	−41.5%	−1.0%	−16.5%	−16.9%
Other Income	3.56	4.76	8.17	0.46	13.69	13.47	12.82	1.12	12.15	0.95	0.79	0.77
Interest	10.79	10.29	9.48	2.37	0.25	0.48	0.28	0.14	0.02	0.00	0.00	0.00
Depreciation	0.02	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.00	0.00
Profit before tax	1.80	−1.48	−17.25	−16.43	−6.27	−6.56	28.32	11.01	−3.27	0.87	−0.55	−0.55
Tax %	27.9%	−32.7%	−31.1%	−26.0%	−23.0%	−23.0%	30.7%	32.7%	−66.6%	37.2%	−22.3%	—
Net Profit	1.30	−1.00	−11.87	−12.15	−4.82	−5.05	19.55	7.40	−1.10	0.55	−0.44	−0.44
EPS (Rs)	0.99	−0.76	−9.01	−9.20	−3.65	−3.83	14.83	5.61	−0.84	0.42	−0.34	−0.34
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Hemang Resources balance sheet

₹ crore, at each year end.

Hemang Resources Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	13.18	13.17	13.17	13.17	13.18	13.17	13.17	13.17	13.17	13.17	13.18	13.16
Reserves	19.92	21.21	20.24	8.39	−3.75	−8.54	−13.60	5.92	13.30	12.23	12.75	10.59
Borrowings	35.32	18.33	35.93	32.40	40.84	32.47	21.51	3.38	3.38	1.85	1.70	1.71
Other Liabilities	163	165	85.33	75.75	50.82	37.47	42.78	49.89	40.75	27.90	27.91	21.65
Total Liabilities	232	218	155	130	101	74.57	63.86	72.36	70.60	55.15	55.54	47.11
Fixed Assets	0.05	0.07	0.19	0.17	0.18	0.16	0.13	0.12	0.13	0.10	0.10	0.09
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.85	0.08	0.11	0.16	0.16	0.23	0.26	0.29	0.34	0.39	0.17	0.00
Other Assets	231	218	154	129	101	74.18	63.47	71.95	70.13	54.66	55.27	47.02
Inventories	30.31	24.35	22.53	26.56	15.30	14.71	12.87	17.75	17.57	21.67	17.47	9.93
Trade receivables	169	156	90.54	64.33	49.92	29.16	23.24	37.28	39.79	18.75	25.68	25.61
Cash & equivalents	17.13	14.13	20.32	14.62	4.38	4.30	3.82	1.18	0.91	0.10	0.57	0.93
Total Assets	232	218	155	130	101	74.57	63.86	72.36	70.60	55.15	55.54	47.11

Hemang Resources cash flow

₹ crore, for each year.

Hemang Resources Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	26.23	19.12	−12.44	8.41	−16.16	9.33	11.24	15.86	−0.17	0.83	0.62	8.13
Cash from investing activity	−4.55	3.37	−4.61	3.52	10.09	−0.50	0.18	1.96	−0.10	0.64	−0.02	−0.63
Cash from financing activity	−41.91	−26.53	16.68	−12.04	6.46	−8.54	−11.26	−21.81	0.00	−1.54	−0.16	−8.01
Net cash flow	−20.19	−3.95	−0.41	−0.09	0.31	0.35	0.21	−3.95	−0.28	−0.07	0.49	−0.46
Capex	0.03	0.02	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.80
Free cash flow	26.30	19.20	−12.58	8.46	−16.23	9.38	11.29	15.93	−0.19	0.85	0.64	7.36
CFO / OP %	188.0%	213.0%	−308.0%	−53.0%	112.1%	−48.0%	−58.0%	102.0%	−2.0%	−6.0%	−733.0%	−609.0%

Hemang Resources ratios

Working-capital days and returns, by year.

Hemang Resources Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	99	132	133	188	493	7,880	84,754	207	72	185	1,066	1,157
Inventory days	19	22	36	77	152	4,673	2,556	146	34	167	1,167	430
Days payable	92	139	111	176	385	8,423	5,143	273	48	149	1,310	847
Cash conversion cycle	23	11	53	85	256	4,126	82,163	77	54	199	920	736
Working capital days	13	23	13	−5	−159	−3,569	−41,391	117	50	240	1,129	760
ROCE %	19.4%	20.7%	14.4%	−12.5%	−26.8%	−13.7%	−20.8%	130.3%	42.4%	−11.4%	3.1%	−2.0%

Hemang Resources: frequently asked questions

What are the latest quarterly results of Hemang Resources?

For the Mar 2026 quarter, Hemang Resources reported sales of ₹6.83 Cr, down 9.1% year on year and net profit of −₹0.57 Cr, down 173.1% year on year. The operating margin was −9.6%.

What is the annual revenue of Hemang Resources?

Hemang Resources' sales for the year to Mar 2026 were ₹8.07 Cr; over the last twelve months they were ₹8.06 Cr.

What is the net profit of Hemang Resources?

Net profit for the year to Mar 2026 was −₹0.44 Cr, and −₹0.44 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.34.

How much debt does Hemang Resources have?

Hemang Resources reported borrowings of ₹1.71 Cr at Mar 2026, against cash and equivalents of ₹0.93 Cr.

What is the free cash flow of Hemang Resources?

Cash from operations was ₹8.13 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹7.36 Cr.

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