Hisar Metal Industries Ltd
Incorporated in 1991, Hisar Metal Industries Ltd manufactures and sells stainless steel strips/coil, tubes, and pipes, etc.[1]
- Market Cap ₹ 93.6 Cr.
- Current Price ₹ 173
- High / Low ₹ 247 / 160
- Stock P/E 37.9
- Book Value ₹ 119
- Dividend Yield 0.58 %
- ROCE 9.37 %
- ROE 5.06 %
- 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 12.2% 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.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 211 | 224 | 176 | 161 | 231 | 208 | 178 | 153 | 237 | 276 | 242 | 245 | 238 | |
| 201 | 213 | 167 | 151 | 215 | 195 | 166 | 138 | 215 | 253 | 225 | 230 | 224 | |
| Operating Profit | 10 | 11 | 9 | 10 | 16 | 13 | 12 | 15 | 21 | 22 | 16 | 15 | 14 |
| OPM % | 5% | 5% | 5% | 6% | 7% | 6% | 7% | 10% | 9% | 8% | 7% | 6% | 6% |
| 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 2 | 1 | 1 | 1 | 1 | |
| Interest | 6 | 8 | 6 | 5 | 7 | 5 | 5 | 5 | 5 | 6 | 6 | 9 | 9 |
| Depreciation | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| Profit before tax | 2 | 2 | 1 | 4 | 7 | 7 | 5 | 8 | 16 | 16 | 8 | 4 | 3 |
| Tax % | 27% | 35% | 45% | 31% | 32% | 24% | 22% | 30% | 26% | 30% | 23% | 25% | |
| 1 | 1 | 0 | 3 | 5 | 5 | 4 | 5 | 12 | 11 | 6 | 3 | 2 | |
| 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 | 4.57 |
| 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: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | -4% |
| 3 Years: | -35% |
| TTM: | -46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 13% |
| 3 Years: | 9% |
| 1 Year: | 1% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 9 | 10 | 10 | 10 | 14 | 19 | 22 | 27 | 38 | 49 | 55 | 57 | 59 |
| 52 | 70 | 58 | 64 | 65 | 63 | 63 | 62 | 65 | 68 | 81 | 70 | 68 | |
| 23 | 10 | 9 | 8 | 22 | 28 | 10 | 42 | 28 | 22 | 29 | 32 | 16 | |
| Total Liabilities | 87 | 94 | 80 | 87 | 106 | 115 | 100 | 136 | 137 | 145 | 170 | 166 | 148 |
| 16 | 15 | 20 | 20 | 22 | 24 | 22 | 21 | 19 | 19 | 27 | 31 | 28 | |
| CWIP | 2 | 6 | 2 | 0 | 1 | 0 | 0 | 0 | 0 | 6 | 3 | 3 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 0 | 0 | 1 |
| 69 | 73 | 58 | 67 | 84 | 91 | 78 | 114 | 116 | 119 | 140 | 132 | 115 | |
| Total Assets | 87 | 94 | 80 | 87 | 106 | 115 | 100 | 136 | 137 | 145 | 170 | 166 | 148 |
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 | 167 | 163 |
| Working Capital Days | -2 | -4 | -4 | 4 | 9 | 25 | 50 | 67 | 62 | 58 | 73 | 73 |
| ROCE % | 12% | 13% | 9% | 11% | 17% | 14% | 12% | 14% | 20% | 18% | 11% | 9% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Nov
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Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2025.
12 Nov - Board approved unaudited Q2/H1 results for Sept 30, 2025; limited review report enclosed.
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Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2025.
12 Nov - Board approved unaudited Q2/H1 results ended Sep 30, 2025; PBT Rs170.33 lakh; limited review attached.
-
ACTION TAKEN REPORT UNDER THE SPECIAL WINDOW
6 Nov - Advised SEBI special window (Jul 7, 2025–Jan 6, 2026); October showed 0 transfer requests.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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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.