Heera Ispat

{
  "main_header": {
    "sid": 615570,
    "name": "Heera Ispat",
    "stock_name": "Heera Ispat",
    "full_name": "Heera Ispat Ltd",
    "name_url": "stocks-analysis/heera-ispat",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 0,
    "country_id": 34,
    "currency": "INR",
    "cmp": "5.75",
    "chg": -0.25,
    "chgp": "-4.17%",
    "dir": -1,
    "prev_price": "6.00",
    "mcapval": "4.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 526967,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 67,
    "sector_id": 44,
    "indexname": "India SENSEX",
    "isin": "INE025D01013",
    "curr_date": "Aug 07, 02:16 PM",
    "curr_time": "14:28 PM",
    "last_traded_at": "Aug 07, 02:16 PM IST",
    "bse_nse_vol": "3.45 k",
    "exc_status": "Active",
    "traded_date": "Aug 07, 2026",
    "traded_date_str": "2026 08 07",
    "score": "",
    "scoreText": "",
    "Live": 1,
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  "news": {
    "results": [
      {
        "title": "Are Heera Ispat Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-heera-ispat-ltd-latest-results-good-or-bad-4136136",
        "imagepath": "",
        "date": "2026-08-04 19:19:47",
        "description": "Heera Ispat Ltd's latest financial results for Q1 FY2027 reveal a continuation of significant operational challenges. The company reported a net loss of ₹0.02 crores with zero sales, maintaining a trend of no revenue generation for at least seven consecutive quarters. This operational stagnation has persisted for years, as the company's induction furnace plant remains idle, leading to ongoing administrative expenses without any income to offset them.\n\nWhile there was a marginal reduction in the net loss compared to the previous year, this change does not indicate a recovery, as the company remains fundamentally non-operational. The operating profit before depreciation, interest, and tax also reflected a negative ₹0.02 crores, emphasizing the lack of any operational activity.\n\nThe balance sheet presents a concerning picture, with negative shareholder funds of ₹0.56 crores, indicating a state of balance sheet..."
      },
      {
        "title": "Heera Ispat Q1 FY2027: Mounting Losses Signal Deepening Distress in Dormant Steel Manufacturer",
        "link": "https://www.marketsmojo.com/news/result-analysis/heera-ispat-q1-fy2027-mounting-losses-signal-deepening-distress-in-dormant-steel-manufacturer-4134597",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/HeeraIspat_quaterlyResult_4134597.png",
        "date": "2026-08-04 09:48:07",
        "description": "Heera Ispat Ltd., a Gujarat-based steel manufacturer, continues its troubling descent into operational oblivion as the company reported yet another quarter of losses in Q1 FY2027, posting a net loss of ₹0.02 crores against zero revenue generation. The micro-cap company, with a diminutive market capitalisation of just ₹4.00 crores, remains effectively non-operational despite being incorporated over three decades ago in 1992. Trading at ₹6.00 per share, the stock has witnessed a catastrophic erosion of shareholder value, declining 25.19% over the past year whilst the broader market fell just 2.87%."
      },
      {
        "title": "When is the next results date for Heera Ispat Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-heera-ispat-ltd-4124744",
        "imagepath": "",
        "date": "2026-07-28 23:17:11",
        "description": "Heera Ispat Ltd is scheduled to declare its results on 03 August 2026...."
      },
      {
        "title": "Heera Ispat Ltd Falls 6.60%: Technical Gains Offset by Weak Fundamentals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/heera-ispat-ltd-falls-660-technical-gains-offset-by-weak-fundamentals-4052390",
        "imagepath": "",
        "date": "2026-06-13 17:22:42",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>1 June:</strong> Q4 FY26 results reveal zero revenue and mounting losses</p>\n                    <p><strong>2 June:</strong> Technical upgrade to 'Sell' rating despite weak fundamentals</p>\n                    <p><strong>5 June:</strong> Week closes with stock at Rs.8.06, down 6.60%</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.8.63</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.8.06</div><div class=\"stat-change negative\">-6.60%</div></div>\n                    <div class=\"stat-i..."
      },
      {
        "title": "Heera Ispat Ltd Downgraded to Strong Sell Amidst Weak Fundamentals and Technical Setbacks",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/heera-ispat-ltd-downgraded-to-strong-sell-amidst-weak-fundamentals-and-technical-setbacks-4040417",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/HeeraIspatLtd_mojoScore_4040417.png",
        "date": "2026-06-09 08:24:20",
        "description": "Heera Ispat Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating downgraded from Sell to Strong Sell as of 8 June 2026. This shift reflects deteriorating technical indicators, stagnant financial performance, and weak valuation metrics, signalling heightened risk for investors amid challenging market conditions."
      },
      {
        "title": "Are Heera Ispat Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-heera-ispat-ltd-latest-results-good-or-bad-4032356",
        "imagepath": "",
        "date": "2026-06-02 19:26:42",
        "description": "Heera Ispat Ltd's latest financial results for Q4 FY26 reflect a concerning situation for the company. The quarter reported zero net sales, continuing a trend of no revenue generation that has persisted for over a decade. The company incurred a net loss of ₹0.02 crores, which, while a marginal improvement from previous quarters, still indicates ongoing operational challenges. The lack of revenue and the presence of negative equity, with a book value per share of -₹0.95, further underscore the financial distress faced by the company.\n\nThe data shows that Heera Ispat has not generated any sales since at least FY17, and the cumulative loss for FY26 stands at ₹0.28 crores, primarily reflecting administrative costs without any offsetting revenue. The company's operational inactivity is highlighted by the absence of employee costs, interest expenses, or depreciation charges, suggesting that it has effectively cea..."
      },
      {
        "title": "Heera Ispat Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/heera-ispat-ltd-upgraded-to-sell-on-technical-improvements-despite-weak-fundamentals-4030082",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/HeeraIspatLtd_mojoScore_4030082.png",
        "date": "2026-06-02 08:29:23",
        "description": "Heera Ispat Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating upgraded from Strong Sell to Sell as of 1 June 2026. This change is primarily driven by a shift in technical indicators signalling a mildly bullish trend, despite the company’s continued weak financial fundamentals and valuation concerns. Investors should weigh the improved technical outlook against persistent long-term risks before making decisions."
      },
      {
        "title": "Heera Ispat Ltd Q4 FY26: A Company in Distress with Zero Revenue and Mounting Losses",
        "link": "https://www.marketsmojo.com/news/result-analysis/heera-ispat-ltd-q4-fy26-a-company-in-distress-with-zero-revenue-and-mounting-losses-4028766",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/HeeraIspat_quaterlyResult_4028766.png",
        "date": "2026-06-01 15:23:57",
        "description": "Heera Ispat Ltd., a micro-cap steel products manufacturer, continues to languish in operational dormancy with zero sales recorded in Q4 FY26, marking yet another quarter of complete business inactivity. The company reported a net loss of ₹0.02 crores for the quarter ended March 2026, whilst maintaining a market capitalisation of just ₹5.00 crores and trading at ₹8.63 per share. With negative shareholder equity of ₹0.56 crores and no revenue generation for over a decade, the Gujarat-based entity represents a cautionary tale of corporate decline in India's steel sector."
      },
      {
        "title": "Are Heera Ispat Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-heera-ispat-ltd-latest-results-good-or-bad-4023767",
        "imagepath": "",
        "date": "2026-05-30 19:42:30",
        "description": "Heera Ispat Ltd's latest financial results reflect a company in a state of operational dormancy. For the quarter ending December 2025, the company reported zero net sales, continuing a trend of complete operational inactivity that has persisted over multiple quarters. The net loss for the quarter was ₹0.01 crores, which, while showing an 80% improvement sequentially from the previous quarter, primarily indicates reduced administrative expenses rather than any revival in business activity.\n\nThe operating profit before depreciation, interest, and tax (PBDIT) remained negative at ₹0.01 crores, with operating margins at 0.0%. The absence of revenue generation and the company's operational paralysis are underscored by a negative book value per share of ₹-0.95, indicating that liabilities exceed assets. Additionally, promoter holdings have collapsed from 18.03% to effectively zero, signaling a significant loss of..."
      }
    ],
    "total": 343,
    "sid": "615570",
    "stock_news_url": "https://www.marketsmojo.com/news/heera-ispat-615570"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Resignation of Managing Director",
      "datetime": "04-Aug-2026",
      "details": "Resignation of Managing Director",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of The Board Meeting Held On August 03 2026",
      "datetime": "03-Aug-2026",
      "details": "Outcome of the Board Meeting held on August 03 2026 To Consider and Approve the Standalone unaudited financial results of the Company for the quarter ended June 30 2026. Appointment and resignation of Director and CFO of the Company Reconstitution of Committee of the Company.",
      "source": "BSE"
    },
    {
      "caption": "Financial Result For The Quarter Ended On 30/06/2026",
      "datetime": "03-Aug-2026",
      "details": "financial result for the quarter ended on 30/06/2026",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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  ]
}

News and Views

Are Heera Ispat Ltd latest results good or bad?

2026-08-04 19:19:47

Heera Ispat Ltd's latest financial results for Q1 FY2027 reveal a continuation of significant operational challenges. The company reported a net loss of ₹0.02 crores with zero sales, maintaining a trend of no revenue generation for at least seven consecutive quarters. This operational stagnation has persisted for years, as the company's induction furnace plant remains idle, leading to ongoing administrative expenses without any income to offset them. While there was a marginal reduction in the net loss compared to the previous year, this change does not indicate a recovery, as the company remains fundamentally non-operational. The operating profit before depreciation, interest, and tax also reflected a negative ₹0.02 crores, emphasizing the lack of any operational activity. The balance sheet presents a concerning picture, with negative shareholder funds of ₹0.56 crores, indicating a state of balance sheet...

Read full news article

Heera Ispat Q1 FY2027: Mounting Losses Signal Deepening Distress in Dormant Steel Manufacturer

2026-08-04 09:48:07

Heera Ispat Ltd., a Gujarat-based steel manufacturer, continues its troubling descent into operational oblivion as the company reported yet another quarter of losses in Q1 FY2027, posting a net loss of ₹0.02 crores against zero revenue generation. The micro-cap company, with a diminutive market capitalisation of just ₹4.00 crores, remains effectively non-operational despite being incorporated over three decades ago in 1992. Trading at ₹6.00 per share, the stock has witnessed a catastrophic erosion of shareholder value, declining 25.19% over the past year whilst the broader market fell just 2.87%.

Read full news article

When is the next results date for Heera Ispat Ltd?

2026-07-28 23:17:11

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

Read full news article

Heera Ispat Ltd Falls 6.60%: Technical Gains Offset by Weak Fundamentals

2026-06-13 17:22:42

Key Events This Week

1 June: Q4 FY26 results reveal zero revenue and mounting losses

2 June: Technical upgrade to 'Sell' rating despite weak fundamentals

5 June: Week closes with stock at Rs.8.06, down 6.60%

Week Open

Rs.8.63

Week Close

Rs.8.06

-6.60%

Read full news article

Heera Ispat Ltd Downgraded to Strong Sell Amidst Weak Fundamentals and Technical Setbacks

2026-06-09 08:24:20

Heera Ispat Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating downgraded from Sell to Strong Sell as of 8 June 2026. This shift reflects deteriorating technical indicators, stagnant financial performance, and weak valuation metrics, signalling heightened risk for investors amid challenging market conditions.

Read full news article

Are Heera Ispat Ltd latest results good or bad?

2026-06-02 19:26:42

Heera Ispat Ltd's latest financial results for Q4 FY26 reflect a concerning situation for the company. The quarter reported zero net sales, continuing a trend of no revenue generation that has persisted for over a decade. The company incurred a net loss of ₹0.02 crores, which, while a marginal improvement from previous quarters, still indicates ongoing operational challenges. The lack of revenue and the presence of negative equity, with a book value per share of -₹0.95, further underscore the financial distress faced by the company. The data shows that Heera Ispat has not generated any sales since at least FY17, and the cumulative loss for FY26 stands at ₹0.28 crores, primarily reflecting administrative costs without any offsetting revenue. The company's operational inactivity is highlighted by the absence of employee costs, interest expenses, or depreciation charges, suggesting that it has effectively cea...

Read full news article

Heera Ispat Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals

2026-06-02 08:29:23

Heera Ispat Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating upgraded from Strong Sell to Sell as of 1 June 2026. This change is primarily driven by a shift in technical indicators signalling a mildly bullish trend, despite the company’s continued weak financial fundamentals and valuation concerns. Investors should weigh the improved technical outlook against persistent long-term risks before making decisions.

Read full news article

Heera Ispat Ltd Q4 FY26: A Company in Distress with Zero Revenue and Mounting Losses

2026-06-01 15:23:57

Heera Ispat Ltd., a micro-cap steel products manufacturer, continues to languish in operational dormancy with zero sales recorded in Q4 FY26, marking yet another quarter of complete business inactivity. The company reported a net loss of ₹0.02 crores for the quarter ended March 2026, whilst maintaining a market capitalisation of just ₹5.00 crores and trading at ₹8.63 per share. With negative shareholder equity of ₹0.56 crores and no revenue generation for over a decade, the Gujarat-based entity represents a cautionary tale of corporate decline in India's steel sector.

Read full news article

Are Heera Ispat Ltd latest results good or bad?

2026-05-30 19:42:30

Heera Ispat Ltd's latest financial results reflect a company in a state of operational dormancy. For the quarter ending December 2025, the company reported zero net sales, continuing a trend of complete operational inactivity that has persisted over multiple quarters. The net loss for the quarter was ₹0.01 crores, which, while showing an 80% improvement sequentially from the previous quarter, primarily indicates reduced administrative expenses rather than any revival in business activity. The operating profit before depreciation, interest, and tax (PBDIT) remained negative at ₹0.01 crores, with operating margins at 0.0%. The absence of revenue generation and the company's operational paralysis are underscored by a negative book value per share of ₹-0.95, indicating that liabilities exceed assets. Additionally, promoter holdings have collapsed from 18.03% to effectively zero, signaling a significant loss of...

Read full news article

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