Hexa Tradex Ltd
HEXATRADEXHexa Tradex Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
Biggest watch item: the P/E sits at the 73rd percentile of its own range — the multiple has already done part of the work.
The price is in a downtrend (74 weeks in) while the P/E sits at the 73rd percentile of its own 10-year range. Underneath, the last four quarters read mixed, and 62% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Hexa Tradex Ltd trades at ₹158, in a downtrend and 74 weeks into that stage. That is −5.9% against its own 200-day average. It sits at 9% of a 52-week range of ₹156 to ₹179. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (12 weeks and counting).
Today the stock is in a downtrend — week 74 of stage 4, confirmed. At ₹158 it trades −5.9% versus its 200-day average and sits at 9% of its 52-week range (₹156–₹179).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +934% while the NIFTY 500 moved +274% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (12 weeks and counting; last ahead the week of 2026-05-29) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 73rd percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Hexa Tradex Ltd trades at 40.5× P/E, at the pricey end of its own range (73rd percentile). Its long-run median P/E is 10.3×, measured across 9.9 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 40.5× is at the pricey end of its own range (73rd percentile), against a long-run median of 10.3× measured over 9.9 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
The price move, decomposed: over 10y, of the +24.8%/yr price move, ~+5.0%/yr came from earnings growth and ~+19.8 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Hexa Tradex Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 6 quarters across 1 curve, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
The latest quarter’s profit carries a one-off item larger than the operating base, so the profit curve is shown but does not vote in the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −1.5% | +72.1% | +69.1% | −11.8% |
| Share price | −14.7% | +2.4% | +1.6% | +24.8% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
41.6/100 — rank 31 of 48 in Trading · 65% evidence confidence
Hexa Tradex Ltd scores 41.6 out of 100 against the 48 companies it is compared with in Trading, ranking 31. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 16.8 + 8.6 + 10 + 6.2 = 41.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Hexa Tradex Ltd reported ₹1.4 Cr of revenue in the Mar 26 quarter, −3.3% year on year. Over 10 years it has compounded at −11.8% a year. The last full year, FY26, came in at ₹5.4 Cr. The last four reported quarters add to ₹4.6 Cr.
Hexa Tradex Ltd reported ₹1.4 Cr of revenue in the Mar 26 quarter, −3.3% year on year. Over 10 years it has compounded at −11.8% a year. The last full year, FY26, came in at ₹5.4 Cr. The last four reported quarters add to ₹4.6 Cr.
FY26 revenue came in at ₹5.4 Cr (−1.5% on the year), capping 10 years at −11.8% compound. The latest quarter (Mar 26) printed ₹1.4 Cr, −3.3% year on year.
Pace check: the last four quarters averaged −0.8% growth against the decade's −11.8% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +0.4% over the last 4 quarters against −81.5%/yr over the last 8 — accelerating.
→ Revenue slipped — did margins hold as it scaled? Next: −191.7% this quarter (+13.6 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Hexa Tradex Ltd's operating margin is −191.7% in the Mar 26 quarter, +13.6 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −18,466.7% to 97.5%. The current quarter sits inside that band.
Hexa Tradex Ltd's operating margin is −191.7% in the Mar 26 quarter, +13.6 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −18,466.7% to 97.5%. The current quarter sits inside that band.
The latest quarter's operating margin is −191.7%, +13.6 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −18,466.7%–97.5%.
🚨 Why the margin moved: operating margin went −268.8 pp year on year while gross margin went +0.0 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
→ Margins held — did that reach the bottom line? Next: profit null in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Hexa Tradex Ltd posted a net loss of ₹3.3 Cr in the Mar 26 quarter. That quarter carries a one-off item larger than its own revenue, so the year-on-year figure is an artefact rather than a trading result. The full FY26 year was a loss of ₹8.7 Cr. That loss is 229.0% of the quarter's revenue.
Hexa Tradex Ltd posted a net loss of ₹3.3 Cr in the Mar 26 quarter. That quarter carries a one-off item larger than its own revenue, so the year-on-year figure is an artefact rather than a trading result. The full FY26 year was a loss of ₹8.7 Cr. That loss is 229.0% of the quarter's revenue.
Mar 26 profit was ₹−3.3 Cr, null year on year. On the full year, FY26 printed ₹−8.7 Cr (null).
🚨 Read this profit with care: at ₹−3.3 Cr it is larger than the whole quarter's revenue of ₹1.4 Cr — no operating business earns more than it sells, so this is a one-off item (a debt-to-equity conversion, a tax write-back or an asset sale), not money the business earned. The underlying operations are running at −191.7% operating margin; the year-on-year jump and any P/E built on this number are artefacts of the one-off, not a real earnings turn.
→ Profit rose — but did the cash follow? Next: 62% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 62% of Hexa Tradex Ltd's reported profit arrived as operating cash — most of the profit is real cash. In FY26 that was ₹−3.6 Cr of operating cash against ₹−8.7 Cr of profit. After ₹0.0 Cr of capital spending, ₹−4.0 Cr was left as free cash.
FY26: operating cash of ₹−3.6 Cr against reported profit of ₹−8.7 Cr, leaving free cash of ₹−4.0 Cr after ₹0.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 62% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 62%: the cash cycle held roughly steady between FY21 and FY26 — so conversion tracks profitability rather than the cycle. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
→ So follow the cash to where it goes. Next: a 0-day cycle and ₹0.0 Cr of building.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Hexa Tradex Ltd's cash conversion cycle runs 0 days in FY26, down from 0 days in FY21. Capital spending ran ₹0.0 Cr over the last 3 years. At FY26 sales of ₹5.4 Cr each day of that cycle holds about ₹0.0 Cr, so roughly ₹0.0 Cr sits inside the business at any moment.
FY26: debtors at 0 days (an asset-light business — no inventory to speak of) — for a full cycle of 0 days, tighter than FY21's 0.
In money terms: at FY26 sales of ₹5.4 Cr, each day of the cycle holds about ₹0.0 Cr — so the 0-day loop keeps roughly ₹0.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹0.0 Cr over the last 3 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
→ Does all this activity actually earn its cost of capital? Next: ROCE is −0% and the ROIC − WACC spread is −11.9 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified
Hexa Tradex Ltd earns a ROCE of −0% in FY26. That is up from a trough of −16% in FY18. Return on invested capital clears the cost of that capital by −11.9 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is −161.5% net margin on 0.00× asset turns.
FY26 ROCE is −0%, recovered from a FY18 trough of −16% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): −161.5% net margin × 0.00× asset turns × 1.15× balance-sheet leverage ≈ 0.0% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 0.1% − 12.0% = a −11.9 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.00.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Hexa Tradex Ltd carries total debt of ₹9.0 Cr against shareholder equity of ₹4,616 Cr as of Mar 26, a debt-to-equity of 0.00 — effectively unlevered. On the annual view that ratio went from 0.21 in FY22 to 0.00 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹9.0 Cr against shareholder equity of ₹4,616 Cr — a debt-to-equity of 0.00. On the annual view, debt-to-equity went from 0.21 (FY22) to 0.00 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: the register is quiet.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Hexa Tradex Ltd moved a full percentage point over the last two years — the register is quiet. Foreign institutions moved +0.0 points over the same window, to 0.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +0.0 points over 8 quarters to 92.1%; Foreign institutions: +0.0 points over 8 quarters to 0.1%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Hexa Tradex Ltd: the Z-score reads 0.82. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits inside the distress zone. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.
🚨 Why it matters: a Z-score of 0.82 is inside the distress zone — the balance sheet is a real risk, not a detail.
The safety line in one sentence: the Z-score reads 0.82.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Hexa Tradex Ltd this page | 40.5× | ₹857 Cr | No read | |||
| Adani Enterprises Ltd | — | ₹4.1L Cr | Mixed | |||
| Lloyds Enterprises Ltd | 1,079.0× | ₹11,894 Cr | Turning around | |||
| RRP Semiconductor Ltd | — | ₹11,877 Cr | No read | |||
| MMTC Ltd | 92.2× | ₹9,228 Cr | No read | |||
| SG Mart Ltd | 72.3× | ₹8,993 Cr | Mixed | |||
| Rashi Peripherals Ltd | 18.5× | ₹5,139 Cr | Consistent | |||
| PTC India Ltd | 8.0× | ₹4,866 Cr | Mixed | |||
| Euro Pratik Sales Ltd | 37.2× | ₹3,083 Cr | No read | |||
| Shankara Buildpro Ltd | 23.1× | ₹2,998 Cr | No read | |||
| Blue Pearl Agriventures Ltd | 5,705.0× | ₹2,795 Cr | No read | |||
| BN Agrochem Ltd | 78.2× | ₹2,688 Cr | No read | |||
| Onix Solar Energy Ltd | 34.7× | ₹2,300 Cr | No read | |||
| Aayush Art and Bullion Ltd | 227.0× | ₹1,790 Cr | No read | |||
| Onix Solar Energy Ltd | 117.0× | ₹1,779 Cr | No read | |||
| Kothari Industrial Corporation Ltd | — | ₹1,761 Cr | No read | |||
| Kothari Industrial Corporation Ltd | — | ₹1,728 Cr | No read | |||
| Aayush Art and Bullion Ltd | 882.0× | ₹1,702 Cr | Mixed | |||
| Keto Motors Ltd | — | ₹1,603 Cr | No read | |||
| Le Merite Exports Ltd | 87.0× | ₹1,177 Cr | — | — | — | — |
| Arisinfra Solutions Ltd | 18.5× | ₹1,007 Cr | No read | |||
| Sudarshan Pharma Industries Ltd | 43.2× | ₹1,006 Cr | No read | |||
| Tembo Global Industries Ltd | 10.8× | ₹984 Cr | Mixed | |||
| A-1 Ltd | 383.0× | ₹947 Cr | Deteriorating | |||
| Bizotic Commercial Ltd | 86.4× | ₹936 Cr | — | — | — | — |
| Neueon Corporation Ltd | — | ₹930 Cr | No read | |||
| Shah Foods Ltd | 276.0× | ₹908 Cr | — | — | — | — |
| Dhunseri Ventures Ltd | 9.4× | ₹854 Cr | Deteriorating | |||
| Vision Infra Equipment Solutions Ltd | 24.9× | ₹774 Cr | — | — | — | — |
| Hardwyn India Ltd | 58.5× | ₹773 Cr | Improving | |||
| Yogi Ltd | 36.9× | ₹765 Cr | No read | |||
| Patel Retail Ltd | 19.1× | ₹746 Cr | No read | |||
| Yogi Ltd | 39.1× | ₹741 Cr | No read | |||
| Nupur Recyclers Ltd | 51.0× | ₹725 Cr | Mixed | |||
| Mardia Samyoung Capillary Tubes Company Ltd | 687.0× | ₹707 Cr | No read | |||
| State Trading Corporation of India Ltd | 15.9× | ₹707 Cr | No read | |||
| Uniphos Enterprises Ltd | 33.0× | ₹683 Cr | No read | |||
| Cropster Agro Ltd | 43.7× | ₹679 Cr | No read | |||
| Fabtech Technologies Ltd | 13.7× | ₹666 Cr | No read | |||
| Sudarshan Pharma Industries Ltd | 28.7× | ₹609 Cr | No read |
Frequently asked questions
What is Hexa Tradex Ltd's share price today?
Hexa Tradex Ltd trades at ₹158, −14.7% over the past year. The company is valued at ₹857 Cr. The stock sits at 9% of its 52-week range of ₹156–₹179, −5.9% versus its 200-day average. On the tape, the price is in a downtrend, 74 weeks in. — as of 24 July 2026.
What were Hexa Tradex Ltd's latest quarterly results?
Hexa Tradex Ltd reported revenue of ₹1.4 Cr and a net loss of ₹3.3 Cr for the Mar 26 quarter. Earnings per share were ₹−0.60. The operating margin was −191.7%, 13.6 pp higher than a year earlier. — as of 24 July 2026.
What is Hexa Tradex Ltd's revenue?
Hexa Tradex Ltd reported revenue of ₹1.4 Cr in the Mar 26 quarter, −3.3% year on year. For the full FY26 fiscal year, revenue was ₹5.4 Cr (−1.5%). Over the last 10 years revenue compounded at −11.8% a year. — as of 24 July 2026.
What is Hexa Tradex Ltd's profit?
Hexa Tradex Ltd earned ₹−3.3 Cr of net profit in the Mar 26 quarter. Full-year FY26 profit was ₹−8.7 Cr. The operating margin ran −191.7% in the latest quarter. — as of 24 July 2026.
What is Hexa Tradex Ltd's market cap?
Hexa Tradex Ltd's market capitalisation is ₹857 Cr at a share price of ₹158. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Hexa Tradex Ltd's P/E ratio?
Hexa Tradex Ltd trades at a P/E of 40.5×, at the 73rd percentile of its own 10-year range, against a long-run median of 10.3×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Hexa Tradex Ltd pay a dividend?
No — Hexa Tradex Ltd has recorded a dividend payout of 0% of profit in each of its last 13 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 24 July 2026.
Is Hexa Tradex Ltd overvalued?
On its own history, Hexa Tradex Ltd looks expensive against its own history: its P/E of 40.5× sits at the 73rd percentile of its 10-year range (long-run median 10.3×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
How is Hexa Tradex Ltd performing?
Hexa Tradex Ltd is in a downtrend, 74 weeks in. Against the NIFTY 500 it has been behind on a trailing-13-week view for 12 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
Is Hexa Tradex Ltd in an uptrend?
No — the price is in a downtrend (week 74 of stage 4), trading −5.9% versus its 200-day average and at 9% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Hexa Tradex Ltd beating the market?
Not lately — on a trailing-13-week view Hexa Tradex Ltd is currently behind the NIFTY 500 (12 weeks and counting; last ahead the week of 2026-05-29), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +934% against the NIFTY 500's +274% — ahead of the index over the full window. — as of 24 July 2026.
Will Hexa Tradex Ltd's share price go up?
This page publishes no price forecast for Hexa Tradex Ltd. What it measures instead: the share price is ₹158, the price is in a downtrend 74 weeks in. Its P/E of 40.5× sits at the 73rd percentile of its own 10-year range. — as of 24 July 2026.
Who owns Hexa Tradex Ltd?
Promoters hold 92.1% of Hexa Tradex Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 7.8% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 24 July 2026.
Does Hexa Tradex Ltd have too much debt?
No — Hexa Tradex Ltd's debt-to-equity is 0.00, and operating profit covers the interest bill −3×. FY26 borrowings were ₹8.6 Cr against equity of ₹4,616 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Hexa Tradex Ltd's capex?
Hexa Tradex Ltd spent ₹0.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹0.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Hexa Tradex Ltd's cash flow?
Hexa Tradex Ltd generated ₹−3.6 Cr of operating cash flow in FY26 and ₹−4.0 Cr of free cash flow after ₹0.0 Cr of capital spending. Reported profit that year was ₹−8.7 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Hexa Tradex Ltd's profit real cash?
Mostly — over the last 3 fiscal years, 62% of Hexa Tradex Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−3.6 Cr against reported profit of ₹−8.7 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.
How financially safe is Hexa Tradex Ltd?
On the balance sheet, the Z-score reads 0.82 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That is inside the danger band — a real balance-sheet risk. — as of 24 July 2026.
Where is Hexa Tradex Ltd in its business cycle?
Hexa Tradex Ltd's FY26 operating margin was −104.3%, against a 13-year band of −18,466.7%–97.5%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran −191.7%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Hexa Tradex Ltd story?
Biggest watch item: the P/E sits at the 73rd percentile of its own range — the multiple has already done part of the work. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Hexa Tradex Ltd a stock worth studying right now?
This is not investment advice. The machine read: Hexa Tradex Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.