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 ₹ 87.5 Cr.
- Current Price ₹ 162
- High / Low ₹ 235 / 159
- Stock P/E 19.2
- Book Value ₹ 115
- Dividend Yield 0.62 %
- ROCE 11.2 %
- ROE 11.3 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
* 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
202 | 211 | 224 | 176 | 161 | 231 | 208 | 178 | 153 | 237 | 276 | 241 | 243 | |
193 | 201 | 213 | 167 | 151 | 215 | 195 | 166 | 138 | 215 | 253 | 225 | 228 | |
Operating Profit | 10 | 10 | 11 | 9 | 10 | 16 | 13 | 12 | 15 | 21 | 22 | 16 | 14 |
OPM % | 5% | 5% | 5% | 5% | 6% | 7% | 6% | 7% | 10% | 9% | 8% | 7% | 6% |
0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 2 | 1 | 1 | 1 | |
Interest | 7 | 6 | 8 | 6 | 5 | 7 | 5 | 5 | 5 | 5 | 6 | 6 | 7 |
Depreciation | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
Profit before tax | 0 | 2 | 2 | 1 | 4 | 7 | 7 | 5 | 8 | 16 | 16 | 8 | 6 |
Tax % | 94% | 27% | 35% | 45% | 31% | 32% | 24% | 22% | 30% | 26% | 30% | 23% | |
0 | 1 | 1 | 0 | 3 | 5 | 5 | 4 | 5 | 12 | 11 | 6 | 5 | |
EPS in Rs | 0.02 | 2.28 | 2.46 | 0.72 | 4.89 | 9.19 | 9.87 | 7.24 | 10.02 | 22.33 | 20.28 | 11.98 | 8.45 |
Dividend Payout % | 3,600% | 29% | 27% | 92% | 20% | 11% | 10% | 14% | 10% | 4% | 5% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 3% |
3 Years: | 16% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 4% |
3 Years: | 6% |
TTM: | -38% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 27% |
3 Years: | 8% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 19% |
3 Years: | 20% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 8 | 9 | 10 | 10 | 10 | 14 | 19 | 22 | 27 | 38 | 49 | 55 | 57 |
56 | 52 | 70 | 58 | 64 | 65 | 63 | 63 | 62 | 65 | 68 | 81 | 68 | |
12 | 23 | 10 | 9 | 8 | 22 | 28 | 10 | 42 | 28 | 22 | 29 | 38 | |
Total Liabilities | 79 | 87 | 94 | 80 | 87 | 106 | 115 | 100 | 136 | 137 | 145 | 170 | 168 |
19 | 16 | 15 | 20 | 20 | 22 | 24 | 22 | 21 | 19 | 19 | 25 | 25 | |
CWIP | 0 | 2 | 6 | 2 | 0 | 1 | 0 | 0 | 0 | 0 | 6 | 3 | 5 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 |
60 | 69 | 73 | 58 | 67 | 84 | 91 | 78 | 114 | 116 | 119 | 140 | 136 | |
Total Assets | 79 | 87 | 94 | 80 | 87 | 106 | 115 | 100 | 136 | 137 | 145 | 170 | 168 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 12 | -6 | 20 | 7 | 10 | 12 | 4 | 9 | 6 | 15 | 10 | |
5 | -3 | -5 | -1 | -6 | -3 | -3 | -1 | -2 | 1 | -8 | -5 | |
-12 | -8 | 11 | -19 | 1 | -7 | -8 | -6 | -7 | -6 | -7 | -5 | |
Net Cash Flow | 2 | 0 | 0 | -0 | 2 | -0 | 1 | -3 | 0 | 1 | 1 | -0 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56 | 60 | 68 | 60 | 67 | 61 | 71 | 59 | 98 | 72 | 64 | 76 |
Inventory Days | 47 | 52 | 41 | 54 | 66 | 70 | 91 | 115 | 207 | 119 | 94 | 132 |
Days Payable | 17 | 35 | 9 | 7 | 3 | 32 | 48 | 12 | 116 | 41 | 25 | 41 |
Cash Conversion Cycle | 86 | 78 | 100 | 107 | 129 | 99 | 113 | 161 | 190 | 149 | 133 | 166 |
Working Capital Days | 78 | 73 | 98 | 98 | 123 | 92 | 102 | 135 | 169 | 133 | 125 | 165 |
ROCE % | 11% | 12% | 13% | 9% | 11% | 17% | 14% | 12% | 14% | 20% | 18% | 11% |
Documents
Announcements
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Settlement Of Insurance Claim
19 Nov - Settlement of Rs. 1.65 crore insurance claim received.
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Intimation Of Transfer Of 3305 Equity Shares Of The Company To The Demat Account Of The Investor Education & Protection Fund (IEPF) Authority.
14 Nov - Transfer of 3305 equity shares to IEPF Authority.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Nov
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Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2024.
7 Nov - Approved unaudited financial results for Q2 FY2024.
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Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2024.
7 Nov - Approved unaudited financial results for Q2 FY2024.
Annual reports
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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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Financial Year 2010
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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.