Hisar Metal Industries Ltd

Hisar Metal Industries Ltd

₹ 198 1.99%
09 Jun 10:32 a.m.
About

Incorporated in 1991, Hisar Metal Industries Ltd manufactures and sells stainless steel strips/coil, tubes, and pipes, etc.[1]

Key Points

Business Overview[1]
Company manufactures Cold Rolled Stainless Steel Strips and Stainless Steel Tubes & Pipes. It has 2 Nos. of 6 Hi-Cold Rolling Mills, 3 Nos. of 4 Hi-Cold Rolling Mills, and 10 Tubes Mills.

  • Market Cap 107 Cr.
  • Current Price 198
  • High / Low 247 / 160
  • Stock P/E 33.6
  • Book Value 116
  • Dividend Yield 0.50 %
  • ROCE 9.45 %
  • ROE 5.17 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.60% over past five years.
  • Company has a low return on equity of 12.3% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
66.31 82.28 75.62 59.57 58.55 62.19 65.23 53.24 60.77 63.58 64.93 57.02 59.30
58.82 75.30 68.86 54.20 55.20 57.81 60.59 49.30 57.67 59.70 61.37 54.35 54.47
Operating Profit 7.49 6.98 6.76 5.37 3.35 4.38 4.64 3.94 3.10 3.88 3.56 2.67 4.83
OPM % 11.30% 8.48% 8.94% 9.01% 5.72% 7.04% 7.11% 7.40% 5.10% 6.10% 5.48% 4.68% 8.15%
0.49 0.07 0.11 -0.17 0.80 0.01 0.22 0.05 0.68 -0.03 0.20 0.05 0.51
Interest 1.13 1.25 1.59 1.41 1.28 1.45 1.47 1.38 2.08 2.00 1.58 1.05 4.04
Depreciation 0.57 0.53 0.53 0.56 0.55 0.56 0.58 0.57 0.57 0.70 0.68 0.58 0.77
Profit before tax 6.28 5.27 4.75 3.23 2.32 2.38 2.81 2.04 1.13 1.15 1.50 1.09 0.53
Tax % 26.43% 25.24% 25.05% 25.39% 55.17% 25.21% 25.27% 25.00% 6.19% 25.22% 25.33% 24.77% 28.30%
4.62 3.94 3.56 2.41 1.04 1.78 2.10 1.53 1.06 0.86 1.12 0.82 0.38
EPS in Rs 8.56 7.30 6.59 4.46 1.93 3.30 3.89 2.83 1.96 1.59 2.07 1.52 0.70
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
211 224 176 161 231 208 178 153 237 276 241 245
201 213 167 151 215 195 166 138 215 253 225 230
Operating Profit 10 11 9 10 16 13 12 15 21 22 16 15
OPM % 5% 5% 5% 6% 7% 6% 7% 10% 9% 8% 7% 6%
0 0 0 1 0 1 0 0 2 1 1 1
Interest 6 8 6 5 7 5 5 5 5 6 6 9
Depreciation 3 2 2 2 2 2 2 2 2 2 2 3
Profit before tax 2 2 1 4 7 7 5 8 16 16 8 4
Tax % 27% 35% 45% 31% 32% 24% 22% 30% 26% 30% 23% 26%
1 1 0 3 5 5 4 5 12 11 6 3
EPS in Rs 2.28 2.46 0.72 4.89 9.19 9.87 7.24 10.02 22.33 20.28 11.98 5.89
Dividend Payout % 29% 27% 92% 20% 11% 10% 14% 10% 4% 5% 8% 17%
Compounded Sales Growth
10 Years: 1%
5 Years: 7%
3 Years: 1%
TTM: 1%
Compounded Profit Growth
10 Years: 9%
5 Years: -4%
3 Years: -34%
TTM: -51%
Stock Price CAGR
10 Years: 30%
5 Years: 25%
3 Years: 18%
1 Year: 4%
Return on Equity
10 Years: 17%
5 Years: 16%
3 Years: 12%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 4 4 4 5 5 5 5 5 5 5 5 5
Reserves 9 10 10 10 14 19 22 27 38 49 55 57
52 70 58 64 65 63 63 62 65 68 81 70
23 10 9 8 22 28 10 42 28 22 29 32
Total Liabilities 87 94 80 87 106 115 100 136 137 145 170 166
16 15 20 20 22 24 22 21 19 19 25 29
CWIP 2 6 2 0 1 0 0 0 0 6 3 3
Investments 0 0 0 0 0 0 0 1 1 2 1 1
69 73 58 67 84 91 78 114 116 119 140 132
Total Assets 87 94 80 87 106 115 100 136 137 145 170 166

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
12 -6 20 7 10 12 4 9 6 15 10 13
-3 -5 -1 -6 -3 -3 -1 -2 1 -8 -5 -6
-8 11 -19 1 -7 -8 -6 -7 -6 -7 -5 -8
Net Cash Flow 0 0 -0 2 -0 1 -3 0 1 1 -0 -0

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 60 68 60 67 61 71 59 98 72 64 76 82
Inventory Days 52 41 54 66 70 91 115 207 119 94 132 124
Days Payable 35 9 7 3 32 48 12 116 41 25 41 43
Cash Conversion Cycle 78 100 107 129 99 113 161 190 149 133 166 163
Working Capital Days 73 98 98 123 92 102 135 169 133 125 165 146
ROCE % 12% 13% 9% 11% 17% 14% 12% 14% 20% 18% 11% 9%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
56.49% 61.02% 61.02% 61.02% 61.02% 61.02% 61.02% 61.02% 61.21% 61.21% 61.21% 61.21%
0.00% 0.06% 0.00% 0.24% 0.24% 0.24% 0.24% 0.36% 0.25% 0.24% 0.24% 0.24%
43.51% 38.93% 38.97% 38.74% 38.74% 38.75% 38.74% 38.61% 38.54% 38.54% 38.53% 38.53%
No. of Shareholders 4,9404,4514,4095,1235,1925,4744,8775,1725,2665,1785,0564,943

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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