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    Hi-Green Carbon

    Rajasthan/Maharashtra-based tyre recycler that uses proprietary continuous pyrolysis technology to convert end-of-life tyres into recovered carbon black, pyrolysis oil and sodium silicate.

    Utilities
    Utilities
    View HIGREEN earnings calls

    Overview

    Price

    Market Cap

    ₹344 Cr

    Sector

    Utilities

    Utilities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1925252525
    Reserves551626665
    Borrowings1424475763
    Other Liabilities8672320
    Total Liabilities45105141171173
    AssetsFixed Assets1822696768
    CWIP2893652
    Investments00000
    Other Assets2675646854
    Total Assets45105141171173

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY23FY24FY25FY26
    ActivitiesCash from Operating10-21216
    Cash from Investing-6-38-44-30
    Cash from Financing-4502214
    SummaryCapital Expenditure
    Free Cash Flow4-15-40-37
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    HIGREEN · CAPITAL_INTENSIVE

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