Heera Ispat

Who are in the management team of Heera Ispat?

As of March 2022, the management team of Heera Ispat includes Dineshkumar Samarataji Rao (Managing Director), Prakash Nemchand Shah (Whole Time Director & CFO), and several Independent Directors: Alpesh K Patel, Radheshyam Rampal Lodha, and Rajesh Chinubhai Sutaria, along with Director Muskan Rana.

As of March 2022, the management team of Heera Ispat includes the following individuals:<BR><BR>1. Alpesh K Patel - Independent Director<BR>2. Radheshyam Rampal Lodha - Independent Director<BR>3. Prakash Nemchand Shah - Whole Time Director & CFO<BR>4. Dineshkumar Samarataji Rao - Managing Director<BR>5. Rajesh Chinubhai Sutaria - Independent Director<BR>6. Muskan Rana - Director<BR><BR>These members contribute to the governance and operational management of the company.

What does Heera Ispat do?

Heera Ispat Ltd is a micro-cap company based in Gujarat, engaged in manufacturing steel products within the Iron & Steel industry. As of March 2025, it reported no net profit and has a market capitalization of Rs 5 Cr.

Overview:<BR>Heera Ispat Ltd is engaged in the metal and ferrous business, specifically in the manufacture of various types of steel products, and operates within the Iron & Steel Products industry 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 2025, 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 2025)<BR>Market-cap value: Rs 5 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 4.00<BR>Industry P/E: N/A<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.08<BR>Return on Equity: -2.00%<BR>Price to Book: -4.47<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

Has Heera Ispat declared dividend?

No Dividend History Available

Who are the peers of the Heera Ispat?

Heera Ispat's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Crimson Metal, Gopal Iron Stl., and Bengal Steel. APL Apollo Tubes leads in management risk, growth, and capital structure, while Welspun Corp has the highest 1-year return at 68.43%, compared to Heera Ispat's 12.83%.

Peers: The peers of Heera Ispat are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Crimson Metal, Gopal Iron Stl., and Bengal Steel.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals. Average management risk is present at Jindal Saw, and Below Average management risk is noted at Crimson Metal, Gopal Iron Stl., and the rest. Growth is Excellent at APL Apollo Tubes, Average at Shyam Metalics and Ratnamani Metals, and Below Average at Welspun Corp, Jindal Saw, Crimson Metal, Gopal Iron Stl., and the rest. Capital Structure is Excellent at APL Apollo Tubes, while Good is seen at Welspun Corp, and Excellent at Shyam Metalics and Ratnamani Metals; Below Average is noted at Jindal Saw, Crimson Metal, Gopal Iron Stl., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.43%, while the lowest is Jindal Saw at -22.99%. Heera Ispat's 1-year return is 12.83%, which is higher than Jindal Saw's but lower than Welspun Corp's. Additionally, Ratnamani Metals, Jindal Saw, and Gopal Iron Stl. have negative six-month returns.

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.

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.

How big is Heera Ispat?

As of 24th July, Heera Ispat Ltd has a market capitalization of 5.00 Cr, with net sales of 0.00 Cr and a net loss of 0.46 Cr in the latest four quarters. The balance sheet for March 2025 shows shareholder's funds at -0.56 Cr and total assets of 0.60 Cr.

As of 24th July, 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 loss of 0.46 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing shareholder's funds at -0.56 Cr and total assets of 0.60 Cr.

Are Heera Ispat latest results good or bad?

Heera Ispat's latest results show flat net sales growth of 0.00% and a drastic decline in net profit by 1,900.00%, indicating a challenging environment. Despite a slight improvement in performance score, the overall outlook remains concerning, with MarketsMOJO issuing a 'Sell' recommendation.

Heera Ispat's latest financial results for the quarter ending June 2025 indicate a flat performance, with no significant changes in net sales compared to the same quarter last year. The net sales growth remains at 0.00%, which reflects a neutral direction. However, the standalone net profit has seen a drastic decline of 1,900.00% compared to the previous year, indicating a significant downturn in profitability.<BR><BR>While the company's performance score has improved from -3 to 0, suggesting some stabilization, the overall results still point to a lack of growth and a challenging environment in the iron and steel products sector. Additionally, MarketsMOJO has issued a 'Sell' call on Heera Ispat, which reflects a cautious outlook on the company's market position.<BR><BR>In summary, the results can be viewed as concerning, particularly due to the substantial drop in net profit, despite some signs of stabilization in performance metrics. Investors should be mindful of these factors as they assess the company's future prospects.

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.

Should I buy, sell or hold Heera Ispat Ltd?

When is the next results date for Heera Ispat Ltd?

The next results date for Heera Ispat Ltd is 14 February 2026.

The next results date for Heera Ispat Ltd is scheduled for 14 February 2026.

Which are the latest news on Heera Ispat?

Why is Heera Ispat Ltd falling/rising?

As of 11-Feb, Heera Ispat Ltd's stock price is 7.35, down 0.54%, and has declined 2.91% over the last two days and 7.55% over the past month. Despite a recent weekly increase of 3.52%, the stock is down 13.53% year-to-date and 26.65% over the last three years, indicating a bearish trend.

As of 11-Feb, Heera Ispat Ltd's stock price is currently at 7.35, reflecting a decrease of 0.04 or 0.54%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 2.91% during this period. Over the past month, the stock has also seen a significant drop of 7.55%, despite outperforming the sector today by 0.27%. <BR><BR>While the stock has shown some positive movement in the short term, with a weekly increase of 3.52%, its year-to-date performance is notably poor, down 13.53%. Additionally, the stock's performance over the last three years has been particularly weak, with a decline of 26.65%, contrasting sharply with the Sensex's growth of 38.81% during the same period. <BR><BR>Despite these challenges, there has been a rise in investor participation, as indicated by a delivery volume increase of 78.11% compared to the five-day average. However, the stock remains below its longer-term moving averages (50-day, 100-day, and 200-day), which suggests that the overall trend is still bearish. This combination of recent price declines, poor longer-term performance, and the stock's positioning relative to moving averages contributes to the current downward movement in Heera Ispat Ltd's stock price.