⚡ At a Glance
Hexa Tradex Ltd is a glorified investment and trading arm from the OP Jindal Group — listed, cash-heavy, and operationally ghosted.
- 🧊 FY25 Sales: ₹5 Cr
- 😵 FY25 Net Loss: ₹-25 Cr
- 🪙 Book Value: ₹811
- 💰 CMP: ₹188 (P/B = 0.23x)
- 🎭 ROE: -0.6%
- 💣 ROCE: 0.05%
- 🏢 Promoter Holding: 92.13%
- 🫥 Actual Business: Invisible
🏭 WTF Do They Even Do?
Honestly? We’re not 100% sure, and neither is Hexa Tradex.
Officially, they do:
- Trading of random materials: chemicals, metals, discarded parts, edible oils, machinery, obsolete goods (seriously).
- Financing/investments in group companies (read: parking cash for Jindal SAW & co).
Think of it like a D-Mart — except the aisles are empty, cash counters are shut, but Mukesh Bhai keeps topping up the cash drawer for vibes.
📉 Financial Performance – Disappearing Revenues, Phantom Profits
| Year | Sales (₹ Cr) | Net Profit (₹ Cr) | OPM | ROE |
|---|
| FY22 | 0 | -25 | – | -0.6% |
| FY23 | ₹1 | -26 | -621% | -0.6% |
| FY24 | ₹133 | ₹92 | 98% (Other income?) | ~2% |
| FY25 | ₹5 | -25 | -127% | -0.6% |
🧠 You thought penny stocks were inconsistent? Hexa’s sales chart looks like someone
