HEXAGON
HEXAGON financials
- Market cap
- ₹793 Cr
- Sector
- Fast Moving Consumer Goods
- Calls analysed
- 1
HEXAGON Q1 FY27
What went well
- Revenue from operations for FY26 reached INR382.63 crores, marking a healthy 17.8% year-on-year growth.
- EBITDA for FY26 increased significantly by 32.01% to INR52.9 crores, demonstrating strong operational performance.
- EBITDA margins expanded to 13.83% in FY26, up from 12.33% in FY25, reflecting improved product mix and manufacturing efficiencies.
Guidance record · Q4 FY26
updates from the last two tracked quarters 4 tracked 0 delivered 0 missed 4 open- Revenue Growth open said Q4 FY26 Promised: maintain the same momentum what we have created in the last two to three years Q4 FY26: We expect to maintain the same momentum what we have created in the last two to three years from the guidance point of view I can say that.
All 4 tracked — see the targets, revisions and supporting evidence.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue down 2.1%, net profit up 4.0% against the same quarter last year.
| Line item | Q4 FY25 | Q1 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|
| Revenue | 107 | 73 | 100 | 115 | 104 −2% |
| EBITDA | 13 | 10 | 15 | 15 | 12 −7% |
| Net profit | 8 | 6 | 10 | 11 | 8 +4% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +26.3% YTD
YTD: ₹50.66 on 12 Jun 2026 → ₹63.96. High ₹76.16 (13 Jul 2026), low ₹50.66 (12 Jun 2026).
How the price took the results
close before → close after
- Q4 FY26
- −5.0%
- 17 Jul
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Balance sheet
| Year ending | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹127 Cr | ₹149 Cr | ₹153 Cr | ₹171 Cr | ₹222 Cr |
| Borrowings | ₹20 Cr | ₹40 Cr | ₹49 Cr | ₹39 Cr | ₹33 Cr |
| Other liabilities | ₹55 Cr | ₹57 Cr | ₹38 Cr | ₹41 Cr | ₹52 Cr |
| Total liabilities | ₹214 Cr | ₹257 Cr | ₹251 Cr | ₹261 Cr | ₹318 Cr |
| Fixed assets | ₹51 Cr | ₹55 Cr | ₹65 Cr | ₹64 Cr | ₹64 Cr |
| Capital work in progress | ₹1 Cr | ₹7 Cr | ₹2 Cr | ₹4 Cr | ₹3 Cr |
| Investments | ₹18 Cr | ₹23 Cr | ₹19 Cr | ₹34 Cr | ₹37 Cr |
| Other assets | ₹144 Cr | ₹172 Cr | ₹164 Cr | ₹159 Cr | ₹215 Cr |
| Total assets | ₹214 Cr | ₹257 Cr | ₹251 Cr | ₹261 Cr | ₹318 Cr |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
- Promoters
- 64.3%
- FIIs
- 0.3%
- DIIs
- 6.4%
- Public
- 29.0%
Who is on the register
Named in the Jun 2026 filing
Every holder of HEXAGON above SEBI's 1% disclosure line.
| Holder | Stake |
|---|---|
| Vikram Arun Kelkar | 21.11% |
| Arun Purushottam Kelkar | 18.56% |
| Nikhil Arun Kelkar | 17.26% |
| Anuradha Arun Kelkar | 7.37% |
| Bandhan Small Cap Fund Mutual fund | 2.44% |
| Vinay Rajendrakumar Nagda | 2.44% |
| Ampersand Growth Opportunities Fund Scheme- I | 1.83% |
| Cp Capital Limited Corporate | 1.74% |
| Arun Goel | 1.40% |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
- Growth the price implies
- 14.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse HEXAGON
Guides on how to read this kind of business and the numbers that matter.