Heera Ispat

Why is Heera Ispat Ltd falling/rising?

As of 06-Aug, Heera Ispat Ltd's stock price is at 6.00, unchanged from the previous session, and has declined 29.41% year-to-date compared to a 7.35% drop in the Sensex. The stock shows a bearish trend with declining investor participation and is trading below its moving averages, indicating a lack of confidence among investors.

As of 06-Aug, Heera Ispat Ltd's stock price is currently at 6.00, with no change from the previous trading session. The stock has shown a significant decline year-to-date, down by 29.41%, while the benchmark Sensex has only decreased by 7.35% during the same period. Over the past three years, Heera Ispat's stock has fallen by 44.95%, contrasting sharply with the Sensex's increase of 20.14%.<BR><BR>Today's performance indicates that the stock is trading inline with its sector, but it has been characterized by erratic trading, having not traded on one day out of the last 20 days. Furthermore, Heera Ispat is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a bearish trend in the stock's performance.<BR><BR>Additionally, there has been a notable decline in investor participation, with delivery volume on August 3 dropping by 92.75% compared to the 5-day average. This lack of trading activity further indicates a lack of interest or confidence among investors, contributing to the stock's downward trajectory. Overall, the combination of poor performance relative to benchmarks, declining trading activity, and falling moving averages points to a bearish outlook for Heera Ispat Ltd.

Which are the latest news on Heera Ispat?

Are Heera Ispat Ltd latest results good or bad?

Heera Ispat Ltd's latest results are concerning, showing a net loss of ₹0.02 crores and zero sales for Q1 FY2027, indicating a prolonged operational shutdown. With a negative book value per share and a significant decline in stock performance, the company is in distress and not recommended for investment.

Heera Ispat Ltd's latest results are quite concerning. In Q1 FY2027, the company reported a net loss of ₹0.02 crores with zero sales, indicating a complete operational shutdown that has persisted for at least seven consecutive quarters. This lack of revenue generation, combined with ongoing administrative expenses, paints a grim picture of the company's financial health.<BR><BR>The book value per share is negative at ₹0.95, reflecting a significant deterioration in equity. The company's market capitalization stands at just ₹4.00 crores, categorizing it as a micro-cap with negative net worth, which poses a risk of insolvency. Additionally, the stock has underperformed significantly over the past year, declining by 25.19%, while the broader market has only seen a 2.87% decline.<BR><BR>Overall, the results indicate a company in distress, with no visible path to recovery and a strong recommendation to avoid any investment in Heera Ispat Ltd.

Should I buy, sell or hold Heera Ispat Ltd?

When is the next results date for Heera Ispat Ltd?

Heera Ispat Ltd will announce its results on 03 August 2026.

Heera Ispat Ltd is scheduled to declare its results on 03 August 2026.

How big is Heera Ispat?

As of 10th June, Heera Ispat Ltd has a market capitalization of 5.00 Cr, with reported Net Sales of 0.00 Cr and a Net Profit loss of 0.28 Cr over the latest four quarters. The balance sheet for March 2025 shows Shareholder's Funds at a loss of 0.56 Cr and Total Assets valued at 0.60 Cr.

As of 10th June, Heera Ispat Ltd has a market capitalization of 5.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Heera Ispat reported Net Sales of 0.00 Cr and a Net Profit loss of 0.28 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds at a loss of 0.56 Cr and Total Assets valued at 0.60 Cr.

Who are in the management team of Heera Ispat?

The management team of Heera Ispat includes Dineshkumar Samarataji Rao (Managing Director), Prakash Nemchand Shah (Whole Time Director & CFO), Muskan Rana (Director), and three Independent Directors: Alpesh K Patel, Radheshyam Rampal Lodha, and Rajesh Chinubhai Sutaria. They oversee the company's operations and strategic direction.

The management team of Heera Ispat includes the following individuals:<BR><BR>1. **Dineshkumar Samarataji Rao** - Managing Director<BR>2. **Prakash Nemchand Shah** - Whole Time Director & CFO<BR>3. **Muskan Rana** - Director<BR>4. **Alpesh K Patel** - Independent Director<BR>5. **Radheshyam Rampal Lodha** - Independent Director<BR>6. **Rajesh Chinubhai Sutaria** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Heera Ispat?

Heera Ispat's peers include Sh. Steel Wire, MFS Intercorp, Shree Precoated, Elango Industrie, Mahalaxmi Seam., Aditya Ispat, Vallabh Steels, and Bengal Steel. In terms of performance, Heera Ispat has a 1-year return of -9.41%, better than Sh. Steel Wire's -32.06% but worse than Elango Industrie's 18.33%.

Peers: The peers of Heera Ispat are Sh. Steel Wire, MFS Intercorp, Shree Precoated, Elango Industrie, Mahalaxmi Seam., Aditya Ispat, Vallabh Steels, and Bengal Steel.<BR><BR>Quality Snapshot: Below Average management risk is observed at Sh. Steel Wire, Elango Industrie, Mahalaxmi Seam., Aditya Ispat, and the rest. MFS Intercorp has Good management risk, while Shree Precoated, Vallabh Steels, Heera Ispat, and Bengal Steel do not qualify. Growth is Below Average for Sh. Steel Wire, MFS Intercorp, Elango Industrie, Mahalaxmi Seam., Aditya Ispat, and the rest, while Shree Precoated, Vallabh Steels, Heera Ispat, and Bengal Steel do not qualify. Capital Structure is Good for Sh. Steel Wire, Below Average for MFS Intercorp, Elango Industrie, Mahalaxmi Seam., Aditya Ispat, and the rest, while Shree Precoated, Vallabh Steels, Heera Ispat, and Bengal Steel do not qualify.<BR><BR>Return Snapshot: Elango Industrie has the highest 1-year return at 18.33%, while Sh. Steel Wire has the lowest at -32.06%. Heera Ispat's 1-year return is -9.41%, which is better than Sh. Steel Wire but worse than Elango Industrie. Additionally, the six-month return is negative for Sh. Steel Wire, MFS Intercorp, Mahalaxmi Seam., Aditya Ispat, and Bengal Steel.

What does Heera Ispat do?

Heera Ispat Ltd is a Micro Cap company based in Gujarat, specializing in the manufacture of steel products within the Iron & Steel industry. As of March 2026, it reported no net profit and has a market capitalization of INR 5 Cr.

Overview: <BR>Heera Ispat Ltd is engaged in the Metal and Ferrous business, specializing in the manufacture of various types of steel products within the Iron & Steel Products industry, classified as a Micro Cap company.<BR><BR>History: <BR>Heera Ispat Ltd was incorporated on August 5, 1992, in Gujarat and obtained its Certificate of Commencement of Business on August 10, 1992. The latest quarterly results reported are for March 2026, showing no net profit.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 5 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 215.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.79 <BR>Return on Equity: -2.00% <BR>Price to Book: -4.53 <BR><BR>Contact Details: <BR>Address: 206 Ashwarath Complex, 2nd Floor Usmanpura Ahmedabad Gujarat : 380013 <BR>Tel: 91-079-27550140 <BR>Email: info@heeraispat.com <BR>Website: http://www.heeraispat.com

How has been the historical performance of Heera Ispat?

Heera Ispat has consistently reported zero revenue and significant financial losses from March 2019 to March 2025, with total liabilities and assets both increasing to 0.60 crore, while operating profit and profit after tax have remained negative. The company faces ongoing operational challenges, resulting in a stagnant financial position.

Answer:<BR>The historical performance of Heera Ispat shows a consistent lack of revenue generation and significant financial losses over the years.<BR><BR>Breakdown:<BR>Heera Ispat has reported zero net sales and zero other operating income from March 2019 to March 2025. Total operating income has remained at zero throughout this period. The company's total expenditure, excluding depreciation, has increased from 0.10 crore in March 2022 to 0.46 crore in March 2025, with notable increases in selling and distribution expenses, which rose from 0.00 crore in March 2019 to 0.44 crore in March 2025. Operating profit (PBDIT) has been negative, with a loss of -0.46 crore in March 2025, compared to a profit of 0.05 crore in March 2020. Profit before tax has also been negative, reaching -0.46 crore in March 2025. The company's profit after tax has similarly declined, showing a loss of -0.46 crore in March 2025, following a profit of 0.28 crore in March 2023. The total liabilities have increased from 0.03 crore in March 2022 to 0.60 crore in March 2025, while total assets have also risen from 0.03 crore to 0.60 crore in the same period. The cash flow statements indicate no cash inflow or outflow across all years, reflecting a stagnant financial position. Overall, Heera Ispat has faced continuous operational challenges, leading to persistent losses and a deteriorating financial condition.

Who are the top shareholders of the Heera Ispat?

The top shareholder of Heera Ispat is Dharmeshkumar Rameshchandra Mistry with an 18.03% stake, followed by public shareholder Rajeshkumar Vithalbhai Patel at 3.47%. Individual investors own 76.64% of the shares, with no pledged promoter holdings or mutual funds/foreign institutional investors involved.

The top shareholders of Heera Ispat include Dharmeshkumar Rameshchandra Mistry, who holds the highest stake at 18.03%. The highest public shareholder is Rajeshkumar Vithalbhai Patel, with a holding of 3.47%. Additionally, individual investors collectively own a significant portion of the company, accounting for 76.64% of the shares. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors holding shares.

Is Heera Ispat overvalued or undervalued?

As of April 25, 2023, Heera Ispat is considered a risky investment but is undervalued with a low PE ratio of 4.34, especially compared to peers like Altius Telecom and Embassy Office REIT, despite having a solid 20.97% return over the past year.

As of 25 April 2023, Heera Ispat's valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company is currently considered undervalued, primarily due to its low PE ratio of 4.34 and negative metrics such as the Price to Book Value and EV to EBIT, both at -4.34 and -4.26 respectively. These figures suggest that the market may not be fully recognizing the company's potential, despite its current challenges.<BR><BR>In comparison to its peers, Heera Ispat's valuation stands out, particularly against companies like Altius Telecom, which has a PE ratio of 52.97, and Embassy Office REIT at 23.06. This stark contrast highlights Heera Ispat's undervaluation in a market where similar companies are trading at much higher multiples. Additionally, while Heera Ispat has underperformed the Sensex in the short term, it has shown a solid 20.97% return over the past year, further supporting the notion that it may be undervalued relative to its growth potential.

What is the technical trend for Heera Ispat?

As of June 6, 2025, Heera Ispat's trend is mildly bearish, driven by daily moving averages and monthly Bollinger Bands, despite mixed signals from the weekly MACD and KST.

As of 6 June 2025, the technical trend for Heera Ispat has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. The weekly MACD remains bullish, but the monthly MACD is bearish, suggesting mixed signals across different time frames. The Bollinger Bands on a monthly basis are also bearish, further supporting the bearish outlook. The KST shows a bullish signal on the weekly chart, but the overall trend is tempered by the lack of strong signals from the RSI and Dow Theory, which indicates a mildly bullish stance on the weekly but no trend on the monthly. Overall, the indicators reflect a cautious bearish sentiment in the current market environment.

Has Heera Ispat declared dividend?

No Dividend History Available