What we do Hemang Resources Ltd operates primarily in coal trading and infrastructure sectors in India, sourcing both imported and indigenous coal for industrial customers. |
Founded in 1,993 |
Market share Active player in Indian coal trading with diversified infrastructure business; market share specifics not disclosed. |
Problem solved Provides reliable coal supply and infrastructure solutions addressing energy and industrial fuel needs in India. |
Top clients or who we serve Serves various Indian industries requiring imported and indigenous coal; operates B2B primarily in energy and related sectors. |
Key management - |
Our journey and innovations Founded in 1993; exited non-banking finance in 2006; rebranded to Hemang Resources in 2015; expanded coal trading and infrastructure business. |
Where we operate Primarily India with focus on key industrial regions for coal and infrastructure businesses. |
Top products or what we offer Trading of imported and indigenous coal; infrastructure services and real estate development through strategic land holdings. |
Top brands - |
Raw materials needed Coal (imported and indigenous) for trading business. |
Raw materials supplier Various domestic and international coal suppliers. |
Recurring vs cyclical contribution Revenue is cyclical, influenced by coal market demand and industrial activities. |
Our industry position Controls a significant trading volume in coal, with a growing infrastructure division contributing positively to profits. |
Financial highlights FY 2024-25 revenue: Rs. 880.18 Lakhs; net profit: Rs. 54.02 Lakhs; experienced revenue decline due to market conditions. |
Geographical revenue split Revenue generated predominantly within Indian markets; no international revenue split detailed. |
Order book - |
Whats driving growth Focused on recovery and profitability enhancement post market downturn, with strategic investments in infrastructure. |
Our future plans Strategic initiatives to boost business performance and capitalize on infrastructure and real estate opportunities. |
Our green promise - |
Our people and values Promotes health and safety, innovation, performance, and inclusive workplace culture across operations. |
Key challenges ahead Market volatility affecting coal trade volumes coupled with financial stress resolving through strategic measures. |
Interesting facts Company evolved from non-banking finance to coal trading and infrastructure; maintains high demat shareholding (98.53%). |
Risks and strategy Mitigates risks via internal financial controls, risk management policies, and diversification into infrastructure. |
