HISARMETAL
Hisar Metal Industries financials
- Market cap
- ₹85 Cr
- Sector
- Capital Goods
What Hisar Metal Industries Limited does
Hisar Metal Industries Limited operates a single manufacturing works at Hisar, Haryana, co-located with its registered office, where metal is processed through rolling mills, annealing furnaces (including bright annealing lines) and slitting machines. The facility runs a 1,200 kW captive solar power plant alongside other energy-saving equipment (VFDs, LED lighting) to cut grid electricity costs. As of March 31, 2025, the company had 285 permanent employees on its rolls.
- Manufacturing works
- 1 (Hisar, Haryana)
- Permanent employees
- 285 (as of Mar 31, 2025)
- Captive solar power plant
- 1,200 kW
- Core process lines
- Rolling mills, bright-annealing furnaces, slitting machines
Quarterly results
Q1 FY27: revenue up 3.7%, net profit up 328.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 65 | 57 | 59 | 62 | 60 −8% | 68 +19% | 72 +21% | 64 +4% |
| EBITDA | 4 | 3 | 5 | 3 | 4 +0% | 4 +32% | 3 −33% | 5 +69% |
| Net profit | 1 | 1 | 0 | 0 | 1 −24% | 1 +65% | 1 +100% | 2 +329% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −16.4% 1Y
1Y: ₹187.95 on 10 Sept 2025 → ₹157.2. High ₹187.95 (10 Sept 2025), low ₹125.22 (30 Mar 2026).
Financials, as filed
Revenue grew 4.2% a year over 2 years, FY24 to FY26. Operating margin narrowed to 5.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹241 Cr | ₹245 Cr | ₹262 Cr |
| Operating profit | ₹16 Cr | ₹15 Cr | ₹13 Cr |
| Operating margin | 6.7% | 6.1% | 5.0% |
| Interest | ₹6 Cr | ₹9 Cr | ₹7 Cr |
| Depreciation | ₹2 Cr | ₹3 Cr | ₹3 Cr |
| Net profit | ₹6 Cr | ₹3 Cr | ₹3 Cr |
| Net margin | 2.7% | 1.3% | 1.3% |
| Cash from operations | ₹10 Cr | ₹13 Cr | ₹11 Cr |
| Free cash flow | ₹4 Cr | ₹7 Cr | ₹6 Cr |
| ROCE | 11.0% | 9.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Reserves | ₹27 Cr | ₹38 Cr | ₹49 Cr | ₹55 Cr | ₹59 Cr | ₹60 Cr |
| Borrowings | ₹62 Cr | ₹65 Cr | ₹68 Cr | ₹81 Cr | ₹68 Cr | ₹87 Cr |
| Other liabilities | ₹42 Cr | ₹28 Cr | ₹22 Cr | ₹29 Cr | ₹16 Cr | ₹11 Cr |
| Total liabilities | ₹136 Cr | ₹137 Cr | ₹145 Cr | ₹170 Cr | ₹148 Cr | ₹164 Cr |
| Fixed assets | ₹21 Cr | ₹19 Cr | ₹19 Cr | ₹27 Cr | ₹28 Cr | ₹35 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹6 Cr | ₹3 Cr | ₹4 Cr | ₹1 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr |
| Other assets | ₹114 Cr | ₹116 Cr | ₹119 Cr | ₹140 Cr | ₹115 Cr | ₹128 Cr |
| Total assets | ₹136 Cr | ₹137 Cr | ₹145 Cr | ₹170 Cr | ₹148 Cr | ₹164 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −0.24 pp while the public added +0.24 pp. The shareholder count shrank 5% to 4,611.
- Promoters
- 61.2%
- Public
- 38.8%
Since Jun 2025
- FIIs −0.24 pp
- Public +0.24 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 61.0%, FIIs 0.2%, Public 38.8%.Dec '23: Promoters 61.0%, FIIs 0.2%, Public 38.7%.Mar '24: Promoters 61.0%, FIIs 0.4%, Public 38.6%.Jun '24: Promoters 61.2%, FIIs 0.3%, Public 38.5%.Sep '24: Promoters 61.2%, FIIs 0.2%, Public 38.5%.Dec '24: Promoters 61.2%, FIIs 0.2%, Public 38.5%.Mar '25: Promoters 61.2%, FIIs 0.2%, Public 38.5%.Jun '25: Promoters 61.2%, FIIs 0.2%, Public 38.5%.Sep '25: Promoters 61.2%, Public 38.8%.Dec '25: Promoters 61.2%, Public 38.8%.Mar '26: Promoters 61.2%, Public 38.8%.Jun '26: Promoters 61.2%, Public 38.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Rajesh Chaturbhuj Bhatia +0.15 pp 1.24% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Hisar Metal Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Anubha Tayal . | 14.57% | unchanged |
| Abhiram Tayal . | 8.52% | unchanged |
| Mahabir Prasad Jindal | 5.99% | unchanged |
| Neeraj Kumar Jindal . | 5.86% | unchanged |
| Pankaj Jindal . | 5.60% | unchanged |
| Amtrex Trading Company Private Limited | 4.96% | unchanged |
| Niraj Jindal Ispat Udyog Limited | 4.61% | unchanged |
| Pushpa Jindal | 3.81% | unchanged |
| Kanika Tayal . | 2.32% | unchanged |
| Mahabir Prasad Jindal & Sons Huf | 2.16% | unchanged |
| Rajesh Chaturbhuj Bhatia | 1.24% | +0.15 pp |
| Jindal Metal Limited | 1.11% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹157, this stock must grow earnings at 12% every year for 7 years. Our analysis caps realistic growth at ~-30%. At that growth it is worth ₹17 — downside of 89%.
- Growth the price implies
- 11.9% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -29.9% a year
- net profit, FY24–FY26 · EPS -29.9%
- The gap
- 0.4 pp
- -89% downside if it only repeats history
Learn to analyse Hisar Metal Industries Limited
Guides on how to read this kind of business and the numbers that matter.