Hilltone Software and Gases Ltd

BSE: HILLTONE544308ISIN INE168C01013

Commodities
Industrial Gases

BSE listing

Share price

₹36.98+0.79 (+2.18%)

as of 18 Sep 2026

52W high: ₹93.00
52W low: ₹32.85
Off 52W high: -60.24%
1M return: -9.50%
3M return: -15.32%
6M return: -26.96%
1Y return: -42.79%
20D avg volume: 18,324
50 DMA: ₹40.64
200 DMA: ₹52.88

Key ratios Standalone

Market cap: ₹48.73 Cr
Current price: ₹36.98
52W high / low: ₹93.00 / ₹32.85
Face value: ₹10.00
P/E: -72.51
P/B: —
EPS (TTM): ₹-0.51
Book value / share: —
ROE: —
ROCE: 0.60%
Operating margin: -56.94%
Net margin: -49.24%
Debt / equity: 0.07
Net debt: ₹-1.99 Cr
Interest cover: 0.60
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 109.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	1.58	2.31	6.64	3.45	2.34	2.02	—
	0.17	0.17	0.11	0.11	0.15	0.17	—
	2.89	2.96	5.64	4.17	2.81	2.31	—
	2.07	-1.07	2.87	3.52	0.56	0.00	—
	0.37	5.42	0.00	0.00	1.17	1.67	—
	0.52	0.44	0.70	0.63	0.42	0.47	—
	0.02	0.19	0.02	0.04	0.07	0.04	—
	0.22	0.21	0.18	0.16	0.15	0.04	—
	1.07	0.22	0.80	1.28	0.64	0.35	—
	-1.14	-0.48	1.10	-0.61	-0.33	-0.13	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	-1.14	-0.48	1.10	-0.61	-0.33	-0.13	—
	-0.36	-0.21	0.11	0.00	-0.15	0.34	—
	-0.78	-0.27	0.99	-0.61	-0.18	-0.47	—
	-0.06	-0.02	0.75	-0.06	-0.16	-0.86	—
Key metrics
	-0.90	-0.08	1.30	-0.41	-0.11	-0.05	—
	-57.00%	-3.50%	19.60%	-11.90%	-4.70%	-2.50%	—
	-49.40%	-11.70%	14.90%	-17.70%	-7.70%	-23.30%	—
	—	-1.10%	—	-3.40%	—	-0.60%	—
	-32.50%	14.40%	—	—	—	—	—
	-333.30%	42.60%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	13.98	14.73	7.52	—
	0.56	0.52	0.71	—
	15.66	15.35	8.00	—
	7.39	-1.87	0.00	—
	5.79	5.42	5.61	—
	2.29	2.20	1.11	—
	0.27	0.25	0.11	—
	0.77	0.70	0.16	—
	3.37	2.50	1.20	—
	-1.13	-0.10	0.24	—
	0.00	0.00	0.00	—
	-1.13	-0.10	0.24	—
	-0.46	-0.24	0.39	—
	-0.67	0.14	-0.16	—
	0.61	0.12	-0.28	—
Key metrics
	-0.09	0.85	0.51	—
	-0.64%	5.80%	6.80%	—
	-4.79%	1.00%	-2.10%	—
	—	0.60%	2.20%	—
	—	95.90%	—	—
	—	187.50%	—	—
	—	-8.54	-1.18	—
	—	-30.36	-4.00	—
	—	0.07	0.03	—
	—	-1.99	-1.18	—
	—	109.5	35.4	—
Balance sheet
	—	26.85	17.50	—
	—	9.55	3.90	—
	—	3.62	1.58	—
	—	2.54	1.10	—
	—	2.47	0.59	—
	—	0.85	0.57	—
	—	9.89	5.49	—
	—	0.59	0.96	—
	—	1.62	1.58	—
	—	1.63	0.40	—
	—	0.27	0.00	—
	—	1.36	0.40	—
	—	23.29	13.66	—
Cash flow
	—	-4.25	0.64	—
	—	-3.00	0.58	—
	—	9.29	-0.11	—
	—	4.29	1.82	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 10.67%

Holder	Type	Holding	Previous	Change
RAVEESH DEWAN	Public	6.02%	—	—
PARMINDER SINGH SETHI	Public	6.02%	—	—
HITALBHAI MAHENDRABHAI SHAH	Promoter	5.10%	—	—
NIKETBHAI MAHENDRABHAI SHAH	Promoter	4.68%	—	—
VIVEK MAHESHCHANDRA MANGLA	Public	4.62%	—	—
GURPREET SINGH PASRICHA	Public	3.85%	—	—
E WIZDOM SOLUTIONS PRIVATE LIMITED	Public	3.69%	—	—
SHREYANSBHAI SHANTILAL SHAH	Public	3.45%	—	—
MAYNARD GEORGE MCALPIN	Public	2.50%	—	—
HARSHA RAJESH JHAVERI	Public	2.31%	—	—
PRATIK KUMAR MORE	Public	1.90%	—	—
PAWAN KUMAR MORE	Public	1.90%	—	—
VIJAY DADUBHAI JEBALIYA	Public	1.56%	—	—
JIGAR ARVIND SHAH	Public	1.52%	—	—
DEALMONEY COMMODITIES PRIVATE LIMITED	Public	1.52%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

ADVERTISEMENT FOR 33rd ANNUAL GENERAL MEETING3 Sep 2026 · Company Update / Newspaper Publication
The Register of Members and Share Transfer Books shall remain close from 17/09/2026 to 25/09/2026 for the purpose of 33rd Annual General Meeting2 Sep 2026 · Corp. Action / Book Closure
Annual General Meeting for Financial Year 2025-26 is to be held on 25th September, 20262 Sep 2026 · AGM/EGM / AGM
Pursuant to regulation 34(1) of The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report ....2 Sep 2026 · Others / Reg. 34 (1) Annual Report
The Board of directors of the Company at its meeting held today, i.e., Tuesday, 01st Sep, 2026 has transacted and approved the following business: 1. Considered Alteration of AOA subject ....1 Sep 2026 · Board Meeting / Outcome of Board Meeting
Hilltone Software And Gases Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/09/2026 ,inter alia, to consider and approve 1. To consider ....26 Aug 2026 · Board Meeting / Board Meeting
Hilltone Software And Gases Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/09/2026 ,inter alia, to consider and approve 1. To consider ....26 Aug 2026 · Board Meeting / Board Meeting
Hilltone Software and Gases Limited has informed the Stock Exchange regarding newspaper publication of Financial Results for the Quarter ended June 30th 2026 for the Compliance under Regulation ....14 Aug 2026 · Company Update / Newspaper Publication
Hilltone Software & Gases Limited has informed the Stock exchange regarding Outcome of Board Meeting held on 13th August 2026 for approval of Unaudited Limited Review Financial Results ....13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Statement of Variation and Deviation for the Quarter Ended June 30th 202613 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Hilltone Software & Gases Limited has informed the Stock exchange regarding Outcome of Board Meeting held on 13th August 2026 for approval of Unaudited Limited Review Financial Results ....13 Aug 2026 · Result / Financial Results
Hilltone Software And Gases Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Un-Audited Financial ....6 Aug 2026 · Board Meeting / Board Meeting
1. Appointment of Ms. Parinda Patel as Chief Financial Officer 2. Resignation of Ms. Dipika Modi as Non Executive and Independent Director of the Company30 Jul 2026 · Company Update / Change in Management
1. Appointment of Ms. Parinda Mohanbhai Patel as the Chief Financial Officer of the Company w.e.f 01st August, 2026 2. Review of working of the Company. 3. Resignation of Ms. Dipika ....30 Jul 2026 · Others / Outcome without intimation
Compliance Certificate under Reg 74 (5)25 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
AS ATTACHED9 Jun 2026 · Company Update / General
Intimation under Regulation 7(2) of SEBI (PIT) Regulations, 20154 Jun 2026 · Company Update / General
Statement of Variation and Deviation for Quarter ending on 31st March, 202630 May 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
THE BOARD APPROVED FINANCIAL RESULTS FOR QUARTER AND YEAR ENDING ON 31st MARCH, 202630 May 2026 · Board Meeting / Outcome of Board Meeting
Audited Financial Results for FY ending on March 202630 May 2026 · Result / Financial Results
Annual Secretarial Compliance Report for Financial Year 2025-2625 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Hilltone Software And Gases Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve 1. The Audited ....23 May 2026 · Board Meeting / Board Meeting
Mr. Prafull Makvana, Chief Financial officer and Key Managerial personnel has tenered his Resignation as on 11th May, 202611 May 2026 · Company Update / Change in Management
Certificate under Regulation 40 (9) and 40 (10) for the year ended on 31st March, 202629 Apr 2026 · Company Update / Reg. 40 (10) - PCS Certificate for Transfer / Transmission / Transposition
Compliance Certificate under Reg 74 (5) of SEBI (DP) Regulations29 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Announcement under Reg 30 of SEBI LODR30 Mar 2026 · Company Update / General
Outcome of Board Meeting30 Mar 2026 · Others / Outcome without intimation
TRADING WINDOW FOR DIRECTORS, PROMOTERS, DESIGNATED EMPLOYEES AND INSIDERS SHALL REMAIN CLOSE FROM 01st APRIL TO 48 HOURS AFTER ANNOUNCEMENT OF AUDITED FINANCIAL RESULTS FOR FINANCIAL YEAR ....28 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Expansion of Industrial Gases Vertical and proposed Partial Utilization of Preferential Allotment Proceeds21 Feb 2026 · Company Update / General
Unaudited Quarterly Financial Results for Quarter and Nine Months ending on 31st December 202512 Feb 2026 · Result / Financial Results
OUTCOME OF BOARD MEETING HELD ON 12th FEBRUARY, 2026 FOR APPROVAL OF UNAUDITED QUARTERLY FINANCIAL STATEMENTS OF QUARTER ENDING ON 31st DECEMBER 202512 Feb 2026 · Board Meeting / Outcome of Board Meeting
Hilltone Software And Gases Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 ,inter alia, to consider and approve Intimation of Board ....3 Feb 2026 · Board Meeting / Board Meeting
Compliance Certificate Under Reg 74 (5) of SEBI (DP) Regulations.27 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Financial Results for QTR ending on 30/09/202524 Dec 2025 · Result / Financial Results
Financial Results with LRR for Qtr ending on 30/09/202510 Dec 2025 · Result / Financial Results
The Board of Directors in its meeting held on 29th November, 2025 have decided to issue and allot 22,47,000 equity shares to non-promoters investors preferential on preferential basis29 Nov 2025 · Others / Outcome without intimation
FINANCIAL RESULTS AND LIMITED REVIEW REPORT FOR QUARTER ENDING ON 30th SEPTEMBER 202521 Nov 2025 · Result / Financial Results
Mr. Paresh Parekh, independent Director have resigned from Board of the company and also its committees simultaneously effective immediately as on 19th November 202519 Nov 2025 · Company Update / Resignation of Director
FINANCIAL RESULTS FOR QTR ENDING ON 30th SEPTEMBER 202512 Nov 2025 · Result / Financial Results

Board meetings

13 Aug 2026 Board Meeting - Financial Results