Hilltone Software and Gases Inc Stock Price Today (NSE: HILLTONE)
Fundamental Score
Hilltone Software and Gases Inc Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Hilltone Software and Gases Inc share price today is ₹44.19, up +5.97% on NSE/BSE as of 31 July 2026. Hilltone Software and Gases Inc (HILLTONE) is a Small-cap company in the Industrial Gases sector with a market capitalisation of ₹54.34 (Cr). The 52-week high for HILLTONE share price is ₹93.00 and the 52-week low is ₹36.02. At a P/E ratio of 362.29x, HILLTONE is currently trading above its industry average P/E of 55.60x. The company has a Return on Equity (ROE) of 0.81% and a debt-to-equity ratio of 0.08.
Hilltone Software and Gases Inc Share Price Chart — NSE/BSE Historical Performance
Hilltone Software and Gases Inc share price chart: 2.77% return over the past month. 52-week high ₹93.00, 52-week low ₹36.02.
Hilltone Software and Gases Inc — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹41.70 | ₹44.31 | ₹41.00 | ₹44.19 | 1.61L (Cr) | |
| ₹41.95 | ₹44.10 | ₹41.51 | ₹41.70 | 65.58K (Cr) | |
| ₹42.36 | ₹42.36 | ₹40.00 | ₹41.95 | 1.21L (Cr) | |
| ₹39.00 | ₹42.89 | ₹39.00 | ₹40.05 | 185.00 (Cr) | |
| ₹40.40 | ₹47.90 | ₹38.26 | ₹40.83 | 8.52K (Cr) | |
| ₹41.85 | ₹42.99 | ₹39.50 | ₹40.03 | 1.62L (Cr) | |
| ₹41.81 | ₹43.49 | ₹40.56 | ₹41.32 | 69.36K (Cr) | |
| ₹43.95 | ₹48.00 | ₹41.00 | ₹41.66 | 62.70K (Cr) | |
| ₹39.00 | ₹44.22 | ₹39.00 | ₹43.95 | 1.69L (Cr) | |
| ₹40.00 | ₹42.00 | ₹39.50 | ₹41.24 | 1.13L (Cr) |
Hilltone Software and Gases Inc — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹43.99 | ₹48.00 | ₹38.26 | ₹44.19 | +0.45% | |
| ₹48.65 | ₹52.90 | ₹40.25 | ₹43.99 | -9.58% | |
| ₹50.05 | ₹51.91 | ₹45.01 | ₹48.45 | -3.20% | |
| ₹48.43 | ₹54.00 | ₹45.22 | ₹49.07 | +1.32% | |
| ₹56.70 | ₹57.98 | ₹45.70 | ₹48.19 | -15.01% | |
| ₹52.25 | ₹63.70 | ₹50.00 | ₹56.35 | +7.85% | |
| ₹86.10 | ₹92.00 | ₹52.78 | ₹56.00 | -34.96% | |
| ₹77.00 | ₹93.00 | ₹73.25 | ₹89.95 | +16.82% | |
| ₹72.01 | ₹83.11 | ₹69.00 | ₹79.97 | +11.05% | |
| ₹77.63 | ₹77.63 | ₹58.56 | ₹68.59 | -11.64% | |
| ₹41.45 | ₹84.00 | ₹41.36 | ₹79.21 | +91.10% | |
| ₹42.20 | ₹47.00 | ₹36.02 | ₹43.59 | +3.29% |
AI Research Briefing
Powered by Gemini · 2026-04-15
Hilltone is a micro-cap attempting a risky pivot to IT, masking fundamental weaknesses in its core gas business.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Hilltone Software & Gases' board approved an investment in RZOLUT Technologies PTE. LTD.. The IT division renewed a license with an Indian bank subsidiary for lacs and secured a US $25,000 contract with Versante Health. The company announced closure of its trading window from April 1, 2026, until 48 hours after Q4FY26 results.
CORE STORY (THE REAL GAME)
Hilltone is trying to morph from a low-margin gas supplier into a higher-margin IT services play, using its gases business as a cash cow to fund riskier tech bets.
- IT division showing signs of growth with new contracts
- Expansion of industrial gases vertical with Carbon Dioxide and Argon gases
- Board approval for investment in RZOLUT Technologies
- Significant IT contract wins
- Successful integration of RZOLUT Technologies
- Turnaround in interest coverage ratio
- Micro-cap illiquidity risk
- Negative interest coverage of -5.47x
- Poor free cash flow generation of ₹-8.91 Cr over 5 years
FII decreased holdings by 0.05%
India's industrial gases market is projected to grow, driven by manufacturing and infrastructure development.
IT division secured a new contract worth US $25,000 with Versante Health.
No, Free Cash Flow 5Y: ₹-8.91 Cr.
In the next 3-6 months, watch for Q4 results and progress on the RZOLUT investment. A successful IT pivot is the key to long-term value, but the execution risk is high.
Primary Thesis Risk
The IT pivot is a smokescreen for a fundamentally weak gas business.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Hilltone Software and Gases Inc Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Hilltone Software and Gases Inc Fundamental Analysis & Valuation Benchmarking
Educational evaluation of HILLTONE across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Robust Profit Growth (42.55%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Consistent Growth Track Record (20.62% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Conservative Debt Levels (D/E: 0.08)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
10 factors identified
Below-Average Return on Equity (0.81%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (0.74%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (4.28%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Premium Valuation Risk (P/E: 362.29x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Stagnant Profit Growth (2.90% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Weak Interest Coverage (0.60x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Negative Free Cash Flow (₹-17.59 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Low Promoter Commitment (10.67%)
Observation: Reduced promoter stake may indicate limited confidence.
Analysis: Low promoter holding may raise questions about management commitment.
Limited Institutional Interest (FII+DII: 4.18%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Hilltone Software and Gases Inc vs Industrial Gases Peers
Peer Comparison - Industrial Gases
Compare Hilltone Software and Gases Inc with 6 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Hilltone Software and Gases IncHilltone Softwa...Selected✓ HILLTONE • 544308 | 25.3/100 | ₹44.19₹44 | ₹54.34₹54.34 | 362.29Average 362.3 Average | 0.81%Poor 0.81% Poor | 0.74%Poor 0.74% Poor | 0.08Excellent 0.1 Excellent | 2.90%Average 2.90% Average | 20.62%Excellent 20.62% Excellent | 0.00% |
Linde India LtdLinde India Ltd... LINDEINDIA • 523457 | 52.9/100 | ₹6745.00₹6745 | ₹59907.71₹59907.71 | 108.75Average 108.8 Average | 13.76%Average 13.76% Average | 18.25%Good 18.25% Good | 0.02Excellent 0.0 Excellent | 30.03%Excellent 30.03% Excellent | 11.46%Good 11.46% Good | 0.06% |
Refex Industries LtdRefex Industrie... REFEX • 532884 | 52.5/100 | ₹302.80₹303 | ₹4420.49₹4420.49 | 18.27Average 18.3 Average | 17.81%Good 17.81% Good | 22.71%Excellent 22.71% Excellent | 0.15Excellent 0.1 Excellent | 42.66%Excellent 42.66% Excellent | 29.19%Excellent 29.19% Excellent | 0.47% |
Ellenbarrie Industrial Gases LimitedEllenbarrie Ind... ELLEN • 544421 | 56.5/100 | ₹263.45₹263 | ₹4146.95₹4146.95 | 39.72Average 39.7 Average | 14.20%Average 14.20% Average | 15.23%Good 15.23% Good | 0.19Excellent 0.2 Excellent | 34.13%Excellent 34.13% Excellent | 14.29%Good 14.29% Good | 0.00% |
Stallion India Fluorochemicals LimitedStallion India ... STALLION • 544342 | 27.4/100 | ₹260.12₹260 | ₹2437.46₹2437.46 | 55.60Average 55.6 Average | 8.93%Poor 8.93% Poor | 11.76%Average 11.76% Average | 0.05Excellent 0.1 Excellent | 34.80%Excellent 34.80% Excellent | 29.56%Excellent 29.56% Excellent | 0.00% |
Natl OxygenNatl Oxygen... NTOX • 507813 | 21.4/100 | ₹61.00₹61 | ₹30.76₹30.76 | — — | — — | -21.54%Poor -21.54% Poor | — — | — — | -10.40%Poor -10.40% Poor | 0.00% |
Gagan Gases LtdGagan Gases Ltd... GAGAN • 524624 | 47.3/100 | ₹19.85₹20 | ₹9.21₹9.21 | 65.76Average 65.8 Average | 4.14%Poor 4.14% Poor | 5.57%Poor 5.57% Poor | 0.11Excellent 0.1 Excellent | 36.08%Excellent 36.08% Excellent | 22.68%Excellent 22.68% Excellent | 0.00% |
Top Industrial Gases Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Linde India Ltd share price59907.71 Cr
- Refex Industries Ltd share price4420.49 Cr
- Ellenbarrie Industrial Gases Limited share price4146.95 Cr
- Stallion India Fluorochemicals Limited share price2437.46 Cr
- Natl Oxygen share price30.76 Cr
Hilltone Software and Gases Inc PE Ratio History
Historical price-to-earnings ratio for HILLTONE — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹0.46 | ₹21.17 | 45.7x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Hilltone Software and Gases Inc Quarterly Performance
Latest quarterly metrics for HILLTONE — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
14.36%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
42.55%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
20.62%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
2.90%
Compounded annual net profit growth over 5 years
Hilltone Software and Gases Inc Technical Indicators
SMA 50, SMA 200, RSI and volume signals for HILLTONE — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Hilltone Software and Gases Inc Financial Statements
Annual income statement, balance sheet and cash flow for Hilltone Software and Gases Inc (HILLTONE) — sourced from NSE/BSE filings.
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About HILLTONE (Hilltone Software and Gases Inc)
Hilltone Software and Gases Inc (HILLTONE) is a pioneering force in the industrial gases sector, pushing the boundaries of innovation with its comprehensive suite of products and s...olutions. HILLTONE stands apart by seamlessly integrating cutting-edge software solutions with its core industrial gas offerings. This synergistic approach empowers clients with advanced data analytics, predictive maintenance capabilities, and streamlined process optimization. Beyond the traditional supply of gases such as nitrogen, oxygen, argon, and specialty gas mixtures, HILLTONE provides intelligent gas management systems, ensuring maximum efficiency, safety, and environmental sustainability for its diverse clientele. HILLTONE distinguishes itself through its unwavering commitment to customer-centricity and technological advancement. Going beyond mere gas supply, the company offers tailored solutions designed to meet the unique needs of each industry it serves. From the precision demands of the electronics and semiconductor sectors to the high-volume requirements of manufacturing and energy, HILLTONE provides customized gas blends, delivery systems, and value-added services. Coupled with real-time monitoring and remote diagnostics, HILLTONE guarantees consistent gas purity, pressure, and flow rates, minimizing downtime and maximizing productivity for its partners. With a relentless pursuit of innovation, HILLTONE invests significantly in research and development to create groundbreaking technologies for the future of industrial gases. The company is actively engaged in exploring sustainable alternatives, such as biogas upgrading and carbon capture utilization, to minimize the environmental impact of its operations. Through strategic partnerships and collaborations, HILLTONE remains at the forefront of the industry, constantly seeking new ways to enhance efficiency, reduce costs, and deliver exceptional value to its clients while adhering to the highest safety and environmental standards.
Company Details
Key Leadership
Latest News
HILLTONE Share Price: Frequently Asked Questions
What is the current share price of Hilltone Software and Gases Inc?
Hilltone Software and Gases Inc (HILLTONE) trades at ₹44.19 on NSE and BSE. Market cap ₹54.34 (Cr). Educational data only.
What is the P/E ratio of Hilltone Software and Gases Inc?
Hilltone Software and Gases Inc has a P/E of 362.29x vs industry average 55.60x.
What is the Bull Run score for Hilltone Software and Gases Inc?
Hilltone Software and Gases Inc has a Bull Run score of 25.3/100 based on 25+ financial parameters.
Does Hilltone Software and Gases Inc pay dividends?
Hilltone Software and Gases Inc has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Hilltone Software and Gases Inc?
Hilltone Software and Gases Inc has ROE of 0.81%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Hilltone Software and Gases Inc?
Hilltone Software and Gases Inc has debt-to-equity of 0.08.
Is Hilltone Software and Gases Inc a good investment?
Bull Run gives Hilltone Software and Gases Inc a score of 25.3/100. This is not investment advice — consult a SEBI-registered advisor.