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Swing Capital

Hisar Metal Industries Ltd

NSE: HISARMETAL BSE: 590018Metal

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

₹145
52W: ₹118 — ₹228
PE 26.2 · Book ₹119 · +22% vs book
Market Cap₹78.5 Cr
Stock P/E26.2Price to Earnings
ROCE9.37%Return on Capital
ROE5.06%Return on Equity
Div. Yield0.68%Face Value ₹10

Weaknesses

  • −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.

Shareholding Pattern

Promoters61.21%
FIIs0%
DIIs0%
Public38.78%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters61.21%61.21%61.21%61.21%61.21%61.21%61.21%61.21%
FIIs0.25%0.24%▼0.00.24%0.24%0.24%0%▼0.20%0%
DIIs0%0%0%0%0%0%0%0%
Public38.54%38.54%38.53%▼0.038.53%38.55%▲0.038.79%▲0.238.78%▼0.038.78%

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales65.2353.2460.7763.5864.9357.0259.362.159.768.12
Expenses60.5949.357.6759.761.3754.3554.4759.4256.1464.6
Operating Profit4.643.943.13.883.562.674.832.683.563.52
OPM %7.11%7.4%5.1%6.1%5.48%4.68%8.15%4.32%5.96%5.17%
Net Profit2.11.531.060.861.120.820.380.420.851.35
EPS ₹3.892.831.961.592.071.520.70.781.572.5

AI Insights

Revenue Trend

TTM revenue at ₹249Cr, up 1.6% YoY. OPM at 6%.

Debt Position

Borrowings at ₹68Cr. Debt-to-equity ratio: 1.15x. High leverage — monitor closely.

Capex Cycle

CWIP at ₹4Cr (14% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0% (-0.24pp change). Promoters hold 61.21%.

Margin & Efficiency

ROCE declining from 12% (Mar 2014) to 9% (Mar 2025). Working capital days: 73.

Valuation

PE 26.2x with 9.37% ROCE. Price is 22% above book value of ₹119. Dividend yield: 0.68%.

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