Hisar Met.Inds.

Which are the latest news on Hisar Met.Inds.?

Should I buy, sell or hold Hisar Metal Industries Ltd?

Why is Hisar Metal Industries Ltd falling/rising?

As of 09-Jun, the stock price of Hisar Metal Industries Ltd is currently at 149.06, reflecting a recent rise despite a 4.17% decline over the past month and a 24.72% drop over the past year. The stock shows short-term strength but faces longer-term challenges, compounded by decreased investor participation.

As of 09-Jun, the stock price of Hisar Metal Industries Ltd is rising, currently at 149.06, reflecting an increase of 0.81 (0.55%). This upward movement can be attributed to its performance relative to the benchmark, as the stock has shown a positive return of 4.14% over the past week, while the Sensex has declined by 1.03%. <BR><BR>Despite this recent rise, it is important to note that the stock has experienced a decline of 4.17% over the past month and a significant drop of 24.72% over the past year. The stock's current price is higher than its 5-day and 50-day moving averages, indicating some short-term strength, although it remains below its 20-day, 100-day, and 200-day moving averages, suggesting longer-term challenges.<BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume on June 8 falling by 64.52% compared to the 5-day average. This decline in trading activity may indicate a lack of confidence among investors, which could impact future price movements. Overall, while the stock is currently rising, it faces underlying challenges that could affect its performance moving forward.

Are Hisar Metal Industries Ltd latest results good or bad?

Hisar Metal Industries Ltd's latest results show mixed performance: net profit doubled year-on-year to ₹0.76 crore and revenue increased by 21.48%, but profitability declined sharply with a 43.70% drop in net profit from the previous quarter and reduced operating margins, indicating financial pressure. Investors should be cautious due to these declining profitability metrics despite revenue growth.

Hisar Metal Industries Ltd's latest results present a mixed picture, indicating both positive and negative trends. On the positive side, the company reported a significant year-on-year increase in net profit, which doubled to ₹0.76 crore compared to the same quarter last year. Additionally, revenue reached ₹72.04 crore, marking a solid 21.48% increase year-on-year and a 5.75% increase quarter-on-quarter.<BR><BR>However, the results also reveal concerning issues. The net profit saw a sharp decline of 43.70% compared to the previous quarter, which raises red flags about profitability. The operating margin has contracted to 4.48%, down from 5.17% in the previous quarter and significantly lower than the 8.15% recorded a year ago. This indicates that while revenue is growing, the company is struggling to maintain profitability, primarily due to rising costs and a substantial increase in interest expenses.<BR><BR>Overall, while there are some positive signs in terms of revenue growth, the sharp decline in profitability and margin compression suggest that the company's financial health is under pressure. Investors may need to be cautious given the deteriorating profitability metrics despite the revenue growth.

How has been the historical performance of Hisar Met.Inds.?

Hisar Met. Inds. has shown fluctuating financial performance, with net sales increasing slightly to 244.83 Cr in March 2025 but down from 276.02 Cr in March 2023. Profit metrics have declined, with profit after tax falling to 3.18 Cr in March 2025, despite improved cash flow from operating activities.

Answer:<BR>The historical performance of Hisar Met. Inds. shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Hisar Met. Inds. reported net sales of 244.83 Cr in March 2025, a slight increase from 241.43 Cr in March 2024, but a decrease from 276.02 Cr in March 2023. The total operating income followed a similar pattern, reaching 244.83 Cr in March 2025, compared to 241.43 Cr in the previous year and 276.02 Cr in March 2023. The raw material cost remained relatively stable at 187.39 Cr in March 2025, slightly down from 187.43 Cr in March 2024, while total expenditure (excluding depreciation) was 229.89 Cr in March 2025, down from 225.37 Cr in March 2024 but higher than 253.56 Cr in March 2023. Operating profit (PBDIT) was 15.67 Cr in March 2025, down from 17.02 Cr in March 2024 and significantly lower than 23.27 Cr in March 2023. Profit before tax also declined to 4.27 Cr in March 2025 from 8.36 Cr in March 2024 and 15.57 Cr in March 2023. Consequently, profit after tax decreased to 3.18 Cr in March 2025 from 6.47 Cr in March 2024 and 10.95 Cr in March 2023. The company's total assets were reported at 165.54 Cr in March 2025, down from 169.78 Cr in March 2024, while total liabilities decreased to 165.54 Cr from 169.78 Cr in the same period. Cash flow from operating activities improved to 13.00 Cr in March 2025 from 9.00 Cr in March 2024, indicating better cash generation despite the overall decline in profits.

How big is Hisar Met.Inds.?

As of 24th July, Hisar Metal Industries Ltd has a market capitalization of 114.00 Cr, with recent net sales of 244.83 Cr and a net profit of 3.18 Cr. The company's shareholder's funds are 60.17 Cr, and total assets amount to 169.78 Cr.

As of 24th July, Hisar Metal Industries Ltd has a market capitalization of 114.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Hisar Metal Industries Ltd reported Net Sales of 244.83 Cr and a Net Profit of 3.18 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 60.17 Cr and Total Assets totaling 169.78 Cr.

Is Hisar Met.Inds. overvalued or undervalued?

As of November 20, 2023, Hisar Met. Inds. is considered an attractive investment due to its undervalued financial metrics compared to peers, despite recent underperformance, with a five-year return of 249.20%.

As of 20 November 2023, the valuation grade for Hisar Met. Inds. has moved from fair to attractive, indicating a positive shift in its market perception. The company appears to be undervalued based on its current financial metrics, with a PE ratio of 33.35, an EV to EBITDA of 11.55, and a Price to Book Value of 1.69. <BR><BR>In comparison to its peers, Hisar Met. Inds. has a lower valuation than JSW Steel, which has a PE of 64.98 and an EV to EBITDA of 14.20, while Tata Steel, also rated attractive, shows a PE of 51.92. This suggests that Hisar Met. Inds. offers a more favorable valuation relative to its industry peers. Additionally, despite a recent underperformance compared to the Sensex on a year-to-date basis, the company's strong long-term returns of 249.20% over five years reinforce its potential for growth.

What is the technical trend for Hisar Met.Inds.?

As of June 5, 2025, the market trend is neutral with mixed signals, showing a shift from mildly bearish to sideways, as indicated by the MACD, moving averages, Bollinger Bands, and Dow Theory.

As of 5 June 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral, with key indicators reflecting mixed signals. The MACD is mildly bearish on both weekly and monthly time frames, while the moving averages show a mildly bullish trend on the daily chart. The Bollinger Bands indicate a sideways movement on both weekly and monthly charts, and the KST is also mildly bearish. The Dow Theory shows a mildly bearish trend on the weekly basis but no trend on the monthly. Overall, the lack of strong signals in the RSI and OBV further supports the sideways trend.

Who are the top shareholders of the Hisar Met.Inds.?

The top shareholders of Hisar Met. Inds. include promoter Anubha Tayal with 14.57%, a Foreign Institutional Investor with 0.24%, and public shareholder Rajesh Chaturbhuj Bhatia with 1.57%. Individual investors hold a total of 32.22% of the shares, with no pledged promoter holdings or mutual fund investments.

The top shareholders of Hisar Met. Inds. primarily include the promoters, with Anubha Tayal being the promoter with the highest holding at 14.57%. In addition to the promoters, there is one Foreign Institutional Investor (FII) that holds 0.24% of the shares. The highest public shareholder is Rajesh Chaturbhuj Bhatia, who holds 1.57%. Individual investors collectively hold 32.22% of the company's shares. There are no pledged promoter holdings, and no mutual funds are currently invested in the company.

When is the next results date for Hisar Met.Inds.?

No Upcoming Board Meetings

Who are in the management team of Hisar Met.Inds.?

As of March 2022, the management team of Hisar Met. Inds. includes M P Jindal (Chairman), Abhiram Tayal (Managing Director), and several non-executive and independent directors, along with Karan Dev Tayal (Whole-time Director) and Vishesh Kumar Chugh (General Manager & Company Secretary). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Hisar Met. Inds. includes the following individuals:<BR><BR>1. M P Jindal - Chairman (Non-Executive)<BR>2. Abhiram Tayal - Managing Director<BR>3. Anubha Tayal - Non-Executive & Non-Independent Director<BR>4. Sajjan Singh - Non-Executive & Independent Director<BR>5. Shital Parshad Jain - Non-Executive & Independent Director<BR>6. Karan Dev Tayal - Whole-time Director<BR>7. Sharat Jain - Non-Executive & Independent Director<BR>8. Anuj Kumar - Non-Executive & Independent Director<BR>9. Vishesh Kumar Chugh - General Manager & Company Secretary<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Hisar Met.Inds. do?

Hisar Metal Industries Ltd manufactures cold rolled stainless steel strips and stainless steel tubes and pipes, operating in the micro-cap segment of the Iron & Steel Products industry. As of March 2025, it reported net sales of 59 Cr and a market cap of Rs 106 Cr.

Overview:<BR>Hisar Metal Industries Ltd is a manufacturer of cold rolled stainless steel strips and stainless steel tubes and pipes, operating in the Iron & Steel Products industry within the micro-cap market segment.<BR><BR>History:<BR>The company was incorporated on 14 May 1990 as a Private Limited Company and later converted into a Public Limited Company in June 1992. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 59 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 106 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 33.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.51%<BR>- Debt-Equity: 1.06<BR>- Return on Equity: 5.06%<BR>- Price to Book: 1.68<BR><BR>Contact Details:<BR>Address: Near Indl Development Colony, Delhi Road Hisar Haryana : 125005<BR>Tel: 91-1662-220067/220367/220738<BR>Email: info@hisarmetal.com<BR>Website: http://www.hisarmetal.com

What is the bonus history of the Hisar Met.Inds.?

Hisar Metal Industries Ltd announced a 1:2 bonus issue on August 9, 2016, with a record date of August 10, 2016, allowing shareholders to receive one additional share for every two shares held.

Hisar Metal Industries Ltd has a bonus history that includes a 1:2 bonus issue announced on August 9, 2016. The record date for this bonus was August 10, 2016. This means that shareholders received one additional share for every two shares they held as of the record date. If you have any more questions about the company or its financial activities, feel free to ask!

Has Hisar Met.Inds. declared dividend?

Yes, Hisar Metal Industries Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 9, 2024. The dividend yield is 0.51%, and the company has shown significant total returns over various periods, particularly in the long term.

Hisar Metal Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 09 Sep 24<BR><BR>Dividend Yield: 0.51%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 4.51%, with a dividend return of 0%, resulting in a total return of 4.51%.<BR><BR>Over the past year, the price return was 3.79%, the dividend return was 0.53%, leading to a total return of 4.32%.<BR><BR>In the 2-year period, the price return reached 41.87%, with a dividend return of 1.40%, culminating in a total return of 43.27%.<BR><BR>For the 3-year period, the price return was 58.45%, the dividend return was 2.96%, resulting in a total return of 61.41%.<BR><BR>In the last 4 years, the price return was 69.79%, with a dividend return of 2.80%, leading to a total return of 72.59%.<BR><BR>Over the past 5 years, the price return soared to 233.05%, with a dividend return of 7.65%, resulting in a total return of 240.7%.<BR><BR>Overall, Hisar Metal Industries Ltd has declared a dividend, contributing positively to its total returns, which have shown significant growth over multiple periods, particularly in the long term. The dividend yield indicates a modest return relative to the share price.

Who are the peers of the Hisar Met.Inds.?

Peers of Hisar Met. Inds. include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and others. Hisar Met. Inds. has average management risk, below average growth, and a 1-year return of 4.06%.

Peers: The peers of Hisar Met.Inds. are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Maiden Forgings, Zenith Steel, Dhatre Udyog, P S Raj, and Mangalam Alloys.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and P S Raj. Average management risk is present at Jindal Saw, Maiden Forgings, and Hisar Met.Inds., and Below Average management risk is noted at Dhatre Udyog and Mangalam Alloys. Excellent growth is seen at APL Apollo Tubes and Jindal Saw, while Average growth is found at Shyam Metalics, Ratnamani Metals, P S Raj, and Dhatre Udyog. Below Average growth is observed at Welspun Corp, Maiden Forgings, Hisar Met.Inds., and Jindal Saw. Excellent capital structure is noted at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is found at Welspun Corp and P S Raj. Below Average capital structure is present at Jindal Saw, Maiden Forgings, Hisar Met.Inds., Dhatre Udyog, and Mangalam Alloys.<BR><BR>Return Snapshot: APL Apollo Tubes has the highest 1-year return at 17.52%, while Dhatre Udyog has the lowest at -53.88%. Hisar Met.Inds. has a 1-year return of 4.06%, which is significantly lower than APL Apollo Tubes but higher than Dhatre Udyog. Additionally, the six-month returns for Ratnamani Metals, Jindal Saw, Dhatre Udyog, and Zenith Steel are negative.