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 ₹ 80.0 Cr.
- Current Price ₹ 148
- High / Low ₹ 228 / 118
- Stock P/E 26.7
- Book Value ₹ 119
- Dividend Yield 0.69 %
- 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 | 249 | |
| 201 | 213 | 167 | 151 | 215 | 195 | 166 | 138 | 215 | 253 | 225 | 230 | 235 | |
| Operating Profit | 10 | 11 | 9 | 10 | 16 | 13 | 12 | 15 | 21 | 22 | 16 | 15 | 15 |
| 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 | 4 |
| 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 | 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 | 5.55 |
| 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: | -35% |
| TTM: | -22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 5% |
| 3 Years: | 2% |
| 1 Year: | -28% |
| 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 |
| Free Cash Flow | 10 | -10 | 17 | 6 | 6 | 9 | 3 | 8 | 7 | 8 | 4 | 7 |
| CFO/OP | 123% | -44% | 233% | 78% | 76% | 111% | 45% | 73% | 47% | 89% | 78% | 99% |
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% |
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 |
|
||||||||||
| 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
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
7m - Filed annual secretarial compliance report for year ended 31 March 2026; no violations noted.
-
Board Meeting Intimation for To Consider And Approve The Audited Financial Results For The Quarter And Financial Year Ended On March 31, 2026 And To Recommend Dividend, If Any, For The Said Year.
15 May - Board meets May 30, 2026 to approve audited FY26 results and consider dividend.
-
ACTION TAKEN REPORT UNDER THE SPECIAL WINDOW For The Month April 2026
6 May - Submitted April 2026 relodgement report under SEBI special window; zero requests received, approved, or rejected.
-
ACTION TAKEN REPORT UNDER THE SPECIAL WINDOW
15 Apr - Filed special-window re-lodgement report for Jan 6–Mar 31, 2026; 0 requests received, approved or rejected.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
10 Apr - Hisar Metal confirms it is not a Large Corporate; outstanding borrowing was Rs 24.48 crore as of 31 March 2026.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
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.