Hilltone Software and Gases Lt
Snapshot
What the business is, and whether it's a good one at a fair price.
Sells industrial gases, heat exchangers, and software. The Industrial Gases line currently handles Oxygen and Nitrogen and is moving from third-party trading into in-house bottling of Argon and Carbon Dioxide, backed by 19 KL and 20 KL liquid storage tanks, around 500 new cylinders, and a truck-mounted bulk liquid tank. An Engineering/Heat Exchanger segment was introduced in FY26 and brought in ₹8.6823 crore of revenue, outpacing the traditional Gases segment at ₹5.5388 crore and the Software segment at ₹0.507 crore. Total FY26 revenue stood at ₹14.7281 crore, up 95.7% from ₹752.49 lakhs in FY25, and the company turned around to a ₹0.1361 crore net profit from a loss the year before. Capital expenditure ran at 29.1% of revenue, reflecting active expansion, partly funded by a ₹9.89 crore preferential allotment in late 2025 that split ₹2.16 crore to Gases, ₹5.56 crore to Engineering, and ₹1.16 crore to Software. Recent software wins include a Joget platform licence renewal worth ₹43.89 lakhs from a subsidiary of a large Indian bank and a US$25,000 migration contract from US health insurer Versante Health. The board has also given in-principle approval to take roughly 5% in Singapore-based Rzolut Technologies, a KYC and compliance data startup.
Scorecard
Measured from the filed financials, judged against its Chemicals & Petrochemicals peers · as of FY26 — not investment advice
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Price
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Financials
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Ownership
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Common questions
Answered from Hilltone Software and Gases Lt's filed financials and exchange disclosures
What does Hilltone Software and Gases Lt do?
Hilltone Software and Gases Lt is a Chemicals & Petrochemicals company listed on BSE.
Is Hilltone Software and Gases Lt profitable?
No. Over the trailing twelve months Hilltone Software and Gases Lt reported a net loss of ₹0.07 Cr on revenue of ₹15 Cr.
Does Hilltone Software and Gases Lt pay a dividend?
Not in the latest reported year — Hilltone Software and Gases Lt's dividend payout for FY26 was nil.
Is Hilltone Software and Gases Lt debt-free?
On a net basis, yes. It reported borrowings of ₹1.63 Cr on its 31 Mar 2026 balance sheet, but holds ₹1.99 Cr more cash than debt.
Is Hilltone Software and Gases Lt expensive compared with its peers?
On trailing P/E, Hilltone Software and Gases Lt ranks 178 of 197 in Chemicals & Petrochemicals — cheaper than 10% of them, against an industry median of 21.2×. This is a position, not a valuation judgement.
How much does the Hilltone Software and Gases Lt share price move in a day?
On a typical session Hilltone Software and Gases Lt moves 1.99% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.
Where can I track Hilltone Software and Gases Lt's announcements?
Every NSE and BSE filing by Hilltone Software and Gases Lt appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.