Hisar Metal Industries Ltd

Hisar Metal Industries Ltd

₹ 148 -1.07%
08 Jun - close price
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 80.1 Cr.
  • Current Price 148
  • High / Low 228 / 118
  • Stock P/E 23.7
  • Book Value 122
  • Dividend Yield 0.67 %
  • ROCE 8.02 %
  • ROE 5.26 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 11.4% over past five years.
  • Company has a low return on equity of 7.08% 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 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
58.55 62.19 65.23 53.24 60.77 63.58 64.93 57.02 59.30 62.10 59.70 68.12 72.04
55.20 57.81 60.59 49.30 57.67 59.70 61.37 54.35 54.47 59.42 56.14 64.60 68.81
Operating Profit 3.35 4.38 4.64 3.94 3.10 3.88 3.56 2.67 4.83 2.68 3.56 3.52 3.23
OPM % 5.72% 7.04% 7.11% 7.40% 5.10% 6.10% 5.48% 4.68% 8.15% 4.32% 5.96% 5.17% 4.48%
0.80 0.01 0.22 0.05 0.68 -0.03 0.20 0.05 0.51 0.23 0.17 0.28 0.64
Interest 1.28 1.45 1.47 1.38 2.08 2.00 1.58 1.05 4.04 1.68 1.91 1.33 1.96
Depreciation 0.55 0.56 0.58 0.57 0.57 0.70 0.68 0.58 0.77 0.67 0.68 0.67 0.85
Profit before tax 2.32 2.38 2.81 2.04 1.13 1.15 1.50 1.09 0.53 0.56 1.14 1.80 1.06
Tax % 55.17% 25.21% 25.27% 25.00% 6.19% 25.22% 25.33% 24.77% 28.30% 25.00% 25.44% 25.00% 28.30%
1.04 1.78 2.10 1.53 1.06 0.86 1.12 0.82 0.38 0.42 0.85 1.35 0.76
EPS in Rs 1.93 3.30 3.89 2.83 1.96 1.59 2.07 1.52 0.70 0.78 1.57 2.50 1.41
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
224 176 161 231 208 178 153 237 276 242 245 262
213 167 151 215 195 166 138 215 253 225 230 249
Operating Profit 11 9 10 16 13 12 15 21 22 16 15 13
OPM % 5% 5% 6% 7% 6% 7% 10% 9% 8% 7% 6% 5%
0 0 1 0 1 0 0 2 1 1 1 1
Interest 8 6 5 7 5 5 5 5 6 6 9 7
Depreciation 2 2 2 2 2 2 2 2 2 2 3 3
Profit before tax 2 1 4 7 7 5 8 16 16 8 4 5
Tax % 35% 45% 31% 32% 24% 22% 30% 26% 30% 23% 25% 26%
1 0 3 5 5 4 5 12 11 6 3 3
EPS in Rs 2.46 0.72 4.89 9.19 9.87 7.24 10.02 22.33 20.28 11.98 5.89 6.26
Dividend Payout % 27% 92% 20% 11% 10% 14% 10% 4% 5% 8% 17% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 11%
3 Years: -2%
TTM: 7%
Compounded Profit Growth
10 Years: 24%
5 Years: -9%
3 Years: -32%
TTM: 9%
Stock Price CAGR
10 Years: 23%
5 Years: 3%
3 Years: 1%
1 Year: -25%
Return on Equity
10 Years: 15%
5 Years: 13%
3 Years: 7%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 4 4 5 5 5 5 5 5 5 5 5 5
Reserves 10 10 10 14 19 22 27 38 49 55 57 60
70 58 64 65 63 63 62 65 68 81 70 87
10 9 8 22 28 10 42 28 22 29 32 11
Total Liabilities 94 80 87 106 115 100 136 137 145 170 166 164
15 20 20 22 24 22 21 19 19 27 31 33
CWIP 6 2 0 1 0 0 0 0 6 3 3 1
Investments 0 0 0 0 0 0 1 1 2 0 0 1
73 58 67 84 91 78 114 116 119 140 132 128
Total Assets 94 80 87 106 115 100 136 137 145 170 166 164

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-6 20 7 10 12 4 9 6 15 10 13 11
-5 -1 -6 -3 -3 -1 -2 1 -8 -5 -6 -4
11 -19 1 -7 -8 -6 -7 -6 -7 -5 -8 -6
Net Cash Flow 0 -0 2 -0 1 -3 0 1 1 -0 -0 1
Free Cash Flow -10 17 6 6 9 3 8 7 8 4 7 6
CFO/OP -44% 233% 78% 76% 111% 45% 73% 47% 89% 78% 99% 94%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 68 60 67 61 71 59 98 72 64 76 82 81
Inventory Days 41 54 66 70 91 115 207 119 94 132 124 95
Days Payable 9 7 3 32 48 12 116 41 25 41 43 6
Cash Conversion Cycle 100 107 129 99 113 161 190 149 133 167 163 170
Working Capital Days -4 -4 4 9 25 50 67 62 58 73 73 71
ROCE % 13% 9% 11% 17% 14% 12% 14% 20% 18% 11% 9% 8%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Production Volume
MT

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Sales Volume
MT
Installed Capacity - Stainless Steel Tubes & Pipes Plant
MT
Installed Capacity - Cold Rolled Stainless Steel Strips
MT
Number of Cold Rolling Mills
Units

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
61.02% 61.02% 61.02% 61.02% 61.21% 61.21% 61.21% 61.21% 61.21% 61.21% 61.21% 61.21%
0.24% 0.24% 0.24% 0.36% 0.25% 0.24% 0.24% 0.24% 0.24% 0.00% 0.00% 0.00%
38.74% 38.75% 38.74% 38.61% 38.54% 38.54% 38.53% 38.53% 38.55% 38.79% 38.78% 38.78%
No. of Shareholders 5,1925,4744,8775,1725,2665,1785,0564,9434,8394,8844,7804,683

* 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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