Market cap
₹183 Cr
Revenue (TTM)
₹131 Cr
P/E Ratio
12.8
P/B Ratio
--
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 23.54 | 24.28 | -- |
| EBIT | -- | -- | 42.67 | 44.29 | -- |
| Net Profit | -- | -- | 29.69 | 38.23 | -- |
| EPS | -- | -- | -4.50 | 20.74 | -- |
| Book Value | -- | -- | 71.18 | 58.72 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-25 | Mar-24 | Mar-23 |
| EBIT-Margin
| 10.69 | -- | 13.01 | 11.26 | 7.80 |
| Net Margin
| 7.25 | -- | 8.40 | 7.92 | 5.41 |
| Return on equity
| 30.81 | -- | 21.45 | 35.35 | 35.63 |
| Return on Capital
| 26.28 | -- | 22.44 | 29.04 | 27.36 |
| Return on Assets
| 10.62 | -- | 11.95 | 12.02 | 7.88 |
| Debt to Equity (x)
| -- | -- | 0.39 | 0.79 | 0.98 |
Profitability
ROCE
22.44
Higher than Peers by 0.57
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
22.44
|
29.04
|
27.36
|
33.62
|
39.14
|
|
Peer Median
|
21.87
|
17.59
|
15.29
|
10.12
|
--
|
ROE
21.45
Higher than Peers by 7.74
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
21.45
|
35.35
|
35.63
|
42.18
|
47.56
|
|
Peer Median
|
13.71
|
10.53
|
8.35
|
5.07
|
--
|
ROA
11.95
Higher than Peers by 5.40
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
11.95
|
12.02
|
7.88
|
9.21
|
10.08
|
|
Peer Median
|
6.55
|
3.91
|
2.85
|
1.59
|
--
|
EBIT Margin
13.01
Higher than Peers by 0.57
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
13.01
|
11.26
|
7.80
|
8.31
|
7.76
|
|
Peer Median
|
12.44
|
8.68
|
8.81
|
8.81
|
--
|
Net Margin
8.40
Higher than Peers by 1.38
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
8.40
|
7.92
|
5.41
|
6.08
|
6.02
|
|
Peer Median
|
7.02
|
4.68
|
4.10
|
3.09
|
--
|
Cash Profit Margin
9.61
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
9.61
|
9.04
|
6.54
|
7.91
|
7.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
23.54
Higher than Peers by 6.47
Year on year growth in net sales
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
23.54
|
10.56
|
40.54
|
12.36
|
--
|
|
Peer Median
|
17.07
|
16.78
|
15.81
|
18.12
|
--
|
EBIT Growth
42.67
Higher than Peers by 4.96
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
42.67
|
59.61
|
31.92
|
20.41
|
--
|
|
Peer Median
|
37.71
|
25.33
|
14.27
|
67.47
|
--
|
Net Profit Growth
29.69
Lower than Peers by 31.95
Year on year growth in profit after tax
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
29.69
|
63.65
|
24.45
|
12.38
|
--
|
|
Peer Median
|
61.63
|
66.68
|
20.10
|
56.81
|
--
|
EPS Growth
-4.50
Lower than Peers by 31.93
Year on year growth in earnings per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
-4.50
|
48.12
|
24.45
|
12.38
|
--
|
|
Peer Median
|
27.43
|
--
|
22.50
|
61.36
|
--
|
Book Value Growth
132.47
--
Year on year growth in book value per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
132.47
|
80.03
|
43.35
|
53.45
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.39
Higher than Peers by 0.03
Total debt / Net worth
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
0.39
|
0.79
|
0.98
|
0.84
|
0.89
|
|
Peer Median
|
0.35
|
0.47
|
0.57
|
0.71
|
--
|
Short term debt to equity ratio
0.35
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
0.35
|
0.70
|
0.80
|
0.49
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.44
Higher than Peers by 1.00
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
2.44
|
1.82
|
1.19
|
1.17
|
1.07
|
|
Peer Median
|
1.45
|
1.36
|
1.39
|
1.33
|
--
|
Quick Ratio
2.00
Higher than Peers by 0.61
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
2.00
|
1.14
|
0.85
|
0.78
|
0.96
|
|
Peer Median
|
1.39
|
1.13
|
1.20
|
1.06
|
--
|
Interest Coverage
7.06
Higher than Peers by 2.72
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
7.06
|
8.24
|
10.94
|
9.90
|
10.36
|
|
Peer Median
|
4.33
|
3.18
|
1.95
|
1.47
|
--
|
Operating Efficiency
Debtors to sales
54.52
Higher than Peers by 27.62
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
54.52
|
23.48
|
33.86
|
28.95
|
26.84
|
|
Peer Median
|
26.90
|
21.21
|
20.69
|
22.80
|
--
|
Asset Turnover
1.42
Higher than Peers by 0.63
Sales / Average Total Assets
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
1.42
|
1.50
|
1.45
|
1.50
|
1.65
|
|
Peer Median
|
0.79
|
0.72
|
0.71
|
0.54
|
--
|
Receivable days
134.18
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
134.18
|
98.75
|
99.39
|
96.42
|
97.96
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
56.65
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
56.65
|
69.03
|
66.53
|
47.45
|
16.83
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
49.61
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
49.61
|
41.62
|
50.83
|
76.34
|
76.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
141.23
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
141.23
|
126.16
|
115.08
|
67.52
|
38.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
14.08
Lower than Peers by 11.53
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
14.08
|
--
|
--
|
--
|
--
|
|
Peer Median
|
25.61
|
33.32
|
19.88
|
23.39
|
--
|
Price / Book Value
2.16
Lower than Peers by 0.76
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
2.16
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.91
|
3.63
|
1.86
|
1.51
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
0.02
|
--
|
--
|
EV/EBITDA
8.92
Lower than Peers by 7.76
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
8.92
|
1.41
|
1.01
|
0.58
|
0.69
|
|
Peer Median
|
16.68
|
17.42
|
11.36
|
13.37
|
--
|
Market Cap
156
Lower than Peers by 2,654
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
HVAX Technologies
|
156
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,809
|
3,110
|
2,177
|
1,511
|
--
|