What is Hi-Green Carbon Ltd revenue growth outlook?

Hi-Green Carbon Ltd operates in the Other Utilities sector and has a current market cap of ₹362 Cr and P/E ratio of 70.09. For detailed revenue growth insights derived from the latest earnings call, visit the Hi-Green Carbon Ltd analysis page on Arthneeti AI.

What is Hi-Green Carbon Ltd current stock price?

Hi-Green Carbon Ltd current market price is ₹144.8. The stock trades at a P/E ratio of 70.09 with a market capitalisation of ₹362 Cr.

How does Arthneeti AI analyse Hi-Green Carbon Ltd?

Arthneeti AI uses natural language processing to analyse Hi-Green Carbon Ltd's earnings call transcripts and extract key insights on revenue growth, margins, capex plans, and fundraising activity. The analysis covers management commentary, forward guidance, and competitive positioning within the Other Utilities sector.

Hi-Green Carbon Q2 FY27 Share Price & Earnings Call Analysis

₹144.80+0.91% today

Market cap: ₹362 Cr
P/E: 70.09
ROE: 5.85%
PEG: -2.77
Price to sales: 2.61
Debt to equity: 0.70
52W high / low: ₹195 / ₹104
EBITDA margin: 16.71%
Net profit margin: 3.73%
Promoter holding: 71.92%
Sales (last year): ₹139 Cr

All 11 ratios ↓

Incorporated in 2011, Hi-Green Carbon Ltd manufactures and recycles waste rubber and to produce hydro carbon fuel[1]

Guidance scorecard · Q2 FY27 call

What Hi-Green Carbon Ltd's management guided
and where it ranks in Other Utilities

Revenue20–40%MarginsUp 2%+CapexPlanned FundraisingPlanned Order bookWhat management said

RevenueQ2 FY26 call

20–40%

Expect to process around 38,000 to 40,000 metric tons of waste tire in the current year, up from 24,000 metric tons last year.
Anticipate revenue of approximately ₹130 to ₹140 crores with the third plant starting in the last quarter.
With all three plants fully operational, target revenue exceeding ₹200 crores by FY27.
Ramp-up period for new plants is around 3 to 4 months to reach optimal capacity (~75–80%).
Strategy includes adding one new plant per year; currently evaluating locations for the next expansion.

2 more points from Hi-Green Carbon Ltd's call on revenue

Create a free account to keep reading this call

Full Q2 FY26 analysis

MarginsQ2 FY26 call

Up 2%+

Target to achieve beyond ₹200 crore revenue by FY27 once all three plants are fully operational.
Expect to process around 38,000 to 40,000 metric tons of waste tire in the current year, up from 24,000 metric tons last year.
Anticipate reaching close to 20% operating profit margin (OPM) for the entire year, recovering from recent margin pressures.
Ramp-up time for new plants is approximately 3-4 months; the third plant expected to start commercial production by mid-January.
Internal accruals and state government incentives planned to fund expansion; pursuing one new plant per year.
Consolidation of Radhe Renewables’ business into Hi-Green expected to add revenue without additional capex, improving profitability.

2 more points from Hi-Green Carbon Ltd's call on margins

Create a free account to keep reading this call

See what Hi-Green Carbon Ltd said on margins — free account, 30 seconds.

Full Q2 FY26 analysis

CapexQ2 FY26 call

Planned

The company plans to expand by adding one new plant per year, with two to three locations identified but still under evaluation for feasibility.
The third plant in Madhya Pradesh is nearing completion (90-95% done) and expected to start operations by mid-January.
Future plant setup cost is around ₹50 crore, significantly lower than global costs.
Internal accruals and bank support are planned to fund expansions, with state government incentives also expected.
The business of Radhe Renewables was consolidated into Hi-Green at a nominal value, transferring machinery manufacturing without incurring capex for Hi-Green, supporting expansion without heavy capital outlay.

2 more points from Hi-Green Carbon Ltd's call on capex

Create a free account to keep reading this call

Full Q2 FY26 analysis

FundraisingQ2 FY26 call

Planned

See what Hi-Green Carbon Ltd said on fundraising — free account, 30 seconds.

Full Q2 FY26 analysis

Order bookQ2 FY26 call

It is noted that for Radhe Renewables' existing pending orders already signed, and any new orders related to gasification or the old business, Hi-Green will manufacture and execute these as part of the consolidation of Radhe Renewables into Hi-Green.
Hi-Green grants a 1% commission to Radhe Renewables for executing these orders.
There is ongoing customer onboarding for rCB products, with 6-7 new customers onboarded in the Maharashtra plant recently, indicating active order inflow.
The company is also actively pursuing certifications and approvals to expand its customer base and order execution capacity.

Full Q2 FY26 analysis

Full Other Utilities ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Other Utilities
on management's own guidance

See all potential multibaggers Where does Hi-Green Carbon Ltd rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

1. Pick 3–15 stocks
2. Choose large, mid or small cap and your sectors
3. Get a portfolio built from the rankings

Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Other Utilities companies ranked on guidance

#	Revenue guided	Margin guided	Market cap	P/E
1	40%+	Flat	₹1,488 Cr	10.8
2	40%+	Flat	₹807 Cr	56.3
3	40%+	Flat	₹690 Cr	18.7
4	40%+	Flat	₹334 Cr	19.6
5	40%+	Flat	₹94 Cr	7.3
6	20–40%	Flat	₹3,521 Cr	12.3

Pro shows every company guiding 40%+ revenue growth →Full Other Utilities ranking

Financials of Hi-Green Carbon Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern