Hisar Metal Industries Experiences Quality Grade Change Amid Financial Metric Shifts

Hisar Metal Industries has recently undergone an evaluation revision, reflecting shifts in its financial metrics and market position within the iron and steel products industry. Over the past five years, the company has demonstrated a sales growth rate of 12.45% and an EBIT growth of 10.77%. However, its debt metrics indicate a debt-to-EBITDA ratio of 3.89 and a net debt-to-equity ratio of 1.12, suggesting a relatively high leverage compared to industry norms.
The company's return on capital employed (ROCE) stands at 14.19%, while the return on equity (ROE) is recorded at 15.76%. These figures provide insight into the company's efficiency in generating profits from its capital and equity. Additionally, Hisar Metal Industries maintains a tax ratio of 25.60% and a dividend payout ratio of 8.35%, indicating its approach to shareholder returns.

In comparison to its peers, Hisar Metal Industries is positioned alongside companies like Hariom Pipe and Cosmic CRF, which exhibit varying performance metrics. While some peers maintain average standings, Hisar's recent evaluation highlights the need for strategic adjustments to enhance its competitive edge in the market.