Hilltone Software & Gases Ltd (HILLTONE) — shareholding pattern, promoter holding, financials and share price

About Hilltone Software & Gases Ltd (HILLTONE)

Hilltone Software & Gases Ltd operates in the Industrial Gases industry, within the Chemicals sector. It trades on the NSE as HILLTONE and on the BSE under scrip code 544308. Its ISIN is INE168C01013.

Incorporated in 1993, Hilltone Software and Gases Ltd is in the business of trading of Industrial and Medical Oxygen gases and other allied gases. It is also in the Software business [1]

Hilltone Software & Gases Limited is a leader in producing industrial and medical gases, with a strong foothold in the medical sector. It has a state-of-the-art production facility in Santej that excels in quality control. The company is diversifying into the eco-energy sector, including solar energy production. Although it unsuccessfully pursued software ventures, it maintains a division for software integration and consulting.

Listed peers in Industrial Gases: Linde India Ltd, Refex Industries Ltd, Ellenbarrie Industrial Gases Ltd, Stallion India Fluorochemicals Ltd, National Oxygen Ltd, Gagan Gases Ltd.

Valuation & Returns

10 Jul 2026

At ₹42.98 a share on 10 Jul 2026, Hilltone Software & Gases Ltd (HILLTONE) was valued at a price-to-earnings ratio of 358.17x against an industry P/E of 45.11x and a price-to-book of 4.15x on a book value of ₹10.37 per share as of Mar 2025. Solomo computes return on equity of -1.24% and return on capital employed of -0.98% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.

P/E
358.17x
Industry P/E
45.11x
P/B
4.15x
EPS (TTM)
₹-0.13
Book value / share
₹10.37
ROE
-1.24%
ROCE
-0.98%
ROA
-0.97%
Debt / equity
0.12x
Dividend yield
0%
EBITDA margin
4.68%
52-week range
₹32.3 – ₹93

Ratios are computed from filed results and the last recorded price. Not investment advice.

Financial Performance

Mar 2026

In the year ended Mar 2026, Hilltone Software & Gases Ltd (HILLTONE) reported revenue of ₹14.73 crore, net profit of ₹0.15 crore and earnings per share of ₹0.11. That compares with revenue of ₹7.52 crore and net profit of ₹-0.16 crore in Mar 2025. Figures are standalone, as filed with the exchanges.

In the quarter ended Mar 2026, revenue was ₹2.31 crore and net profit ₹-0.27 crore (standalone).

Standalone annual results for Hilltone Software & Gases Ltd (HILLTONE), Mar 2022 to Mar 2026. Revenue and net profit in ₹ crore; EPS in ₹ per share.
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue (₹ cr)6.55.556.857.5214.73
Net profit (₹ cr)0.170.730.51-0.160.15
EPS (₹)--0.53-0.150.11
Compound annual growth for Hilltone Software & Gases Ltd (HILLTONE). Stock price CAGR is price return and excludes dividends.
Measure5Y3Y1Y
Sales growth13.03%5.01%9.78%
Profit growth---131.37%

Ownership Summary

Jun 2026

As of Jun 2026, promoters hold 10.67% of Hilltone Software & Gases Ltd (HILLTONE) (up 0.01 pp QoQ), foreign institutional investors (FII) hold 4.38%. Market capitalisation was ₹57 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2024.

Largest disclosed public shareholders in Jun 2026: RAVEESH DEWAN 6.02%, PARMINDER SINGH SETHI 6.02%, HUF 4.75%, VIVEK MAHESHCHANDRA MANGLA 4.62%, GURPREET SINGH PASRICHA 3.85%, E WIZDOM SOLUTIONS PRIVATE LIMITED 3.69%. Only stakes above the 1% disclosure threshold are named in filings.

QuarterPromoterPledgedFIIDIIPublic
Jun 202610.67%-4.38%-89.33%
Mar 202610.66%-4.18%-89.34%
Dec 202510.65%-3.77%-89.35%
Sep 202512.84%-0.1%-87.16%
Jun 202512.84%-0.15%-87.16%
Mar 202512.84%---87.16%
Dec 202412.84%---87.16%
Every quarter since Dec 2024 Filing data, not investment advice.