Hexa Tradex Limited (HEXATRADEX) AI Stock Analysis

1 Followers

Hexa Tradex Limited

(NSE:HEXATRADEX)

Select Model

Rating:47Neutral

Price Target:INR 142.00▼(-12.18% Downside)

Action:reiterated

Date:10/28/26

The overall score is constrained by weak operational performance, including a sharp revenue decline and net losses, which are reflected in a negative P/E ratio. The stock's technical posture is bearish, trading below all key moving averages with negative momentum. The primary mitigating factor is an exceptionally strong balance sheet with negligible debt, providing a significant financial cushion. However, until profitability and cash flow trends reverse, the stock faces considerable headwinds.

Positive Factors

Low LeverageVery low leverage limits balance-sheet strain and reduces the burden of interest and refinancing obligations. This gives Hexa Tradex greater financial flexibility to withstand operating volatility and preserve capital while it works to restore sustainable profitability.

Negative Factors

Revenue CollapseThe steep revenue contraction shows that recent business scale has not been sustained. Persistent top-line weakness can reduce operating leverage, weaken the company’s commercial position, and make a durable recovery in earnings and cash flow more difficult over the next several quarters.

Hexa Tradex Limited (HEXATRADEX) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 8.42B
Dividend Yield: ―
Average Volume (3M): 188
Price to Earnings (P/E): 565.7
Beta (1Y): 0.58
Revenue Growth: 26.88%
EPS Growth: -92.95%
Country: India
Employees: 3
Sector: General
Sector Strength: 55
Industry: Industrial - Distribution

Hexa Tradex Limited Business Overview & Revenue Model

Company Description

Hexa Tradex Limited is an Indian-based entity primarily involved in commercial trading. The company's operations are divided into two core segments: direct trading activities, and investment and financial consultancy services. Its extensive trading p...

Hexa Tradex Limited Financial Statement Overview

Summary

The balance sheet is exceptionally strong with minimal debt and high equity, but the income statement shows a 56.6% revenue decline and a net loss, while cash flow generation has contracted sharply. The robust solvency position is offset by weak operational performance and volatility.

Income Statement

25Negative

Balance Sheet

95Very Positive

Cash Flow

35Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	58.49M	45.84M	45.61M	950.39M	10.63M	4.19M
Gross Profit	59.22M	28.56M	-11.71M	807.90M	-611.89M	-464.90M
EBITDA	68.13M	24.09M	-94.56M	1.18B	-572.42M	-283.75M
Net Income	15.12M	-87.20M	-249.47M	922.87M	-256.09M	-250.54M
Balance Sheet
Total Assets	66.43B	53.21B	51.75B	47.46B	33.58B	34.30B
Cash, Cash Equivalents and Short-Term Investments	1.50M	632.00K	398.00K	229.00K	4.59M	5.72M
Total Debt	52.63M	86.33M	216.54M	455.22M	5.86B	5.03B
Total Liabilities	8.91B	7.05B	6.96B	9.14B	11.07B	10.79B
Stockholders Equity	57.53B	46.16B	44.79B	38.32B	22.51B	23.51B
Cash Flow
Free Cash Flow	0	2.53M	266.07M	963.09M	-230.39M	-217.00M
Operating Cash Flow	0	2.53M	266.09M	963.09M	-229.94M	-217.00M
Investing Cash Flow	0	137.72M	7.97M	4.57B	1.68M	-4.32B
Financing Cash Flow	0	-140.02M	-273.90M	-5.53B	227.13M	4.54B

Hexa Tradex Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price161.70

Price Trends

50DMA156.78Positive

100DMA158.60Positive

200DMA161.40Positive

Market Momentum

MACD0.40Negative

RSI55.08Neutral

STOCH58.30Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HEXATRADEX, the sentiment is Positive. The current price of 161.70 is above the 20-day moving average (MA) of 154.77, above the 50-day MA of 156.78, and above the 200-day MA of 161.40, indicating a bullish trend. The MACD of 0.40 indicates Negative momentum. The RSI at 55.08 is Neutral, neither overbought nor oversold. The STOCH value of 58.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HEXATRADEX.

Hexa Tradex Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:HEXATRADEX against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:FINKURVE	67Neutral	INR 10.03B	29.80	―	―	70.10%	51.70%
IN:MANBA	56Neutral	INR 7.22B	14.17	―	0.70%	31.84%	21.53%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:MANCREDIT	50Neutral	INR 5.65B	29.44	―	0.28%	47.35%	47.37%
IN:HEXATRADEX	47Neutral	INR 8.93B	565.70	―	―	26.88%	-92.95%
IN:CIFL	35Underperform	INR 7.30B	18.83	―	0.11%	-11.20%	12093.83%

* General Sector Average

Performance Comparison

IN:HEXATRADEX and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:HEXATRADEX	Hexa Tradex Limited	161.70	-8.80	-5.16%
IN:MANBA	Manba Finance Limited	143.70	5.74	4.16%
IN:MANCREDIT	Mangal Credit & Fincorp Ltd.	267.75	92.36	52.66%
IN:CIFL	Capital India Finance Ltd	18.67	-15.65	-45.60%
IN:LAXMIINDIA	Laxmi India Finance Limited	101.42	-28.53	-21.95%
IN:FINKURVE	Finkurve Financial Services Ltd.	71.60	-37.50	-34.37%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026

Hexa Tradex Limited AI Stock Analysis