MoneyWorks4Me

HD Fire Protect Ltd (HDFIRE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544994 NSE: HDFIRE Engineering - Industrial Equipments | | HD Fire Protect Share Price

₹276.90 -30.30 (-9.86%)

As on 22-Oct'26 16:59

HD Fire Protect Ltd (HDFIRE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544994 NSE: HDFIRE Engineering - Industrial Equipments | | HD Fire Protect Share Price

₹276.90 -30.30 (-9.86%)

As on 22-Oct'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹4,852 Cr.
Current Price
₹276.9
52-Week Low / High
₹277 / 338
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
50.7
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
16.05%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
%
Pledged shares (%) of Promoter's holding (%)
%
Reserves
-
Equity
₹87.6 Cr.
Face Value
₹5
All Time Low / High
₹301.00 / 338.00

HD Fire Protect stock performance

Key Ratios
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Check Before You Invest

Valuation

NA

Price Trend

Weak
Q.1 Is HD Fire Protect Ltd a good quality company?
HD Fire Protect Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does HD Fire Protect Ltd performance compare with that of its Peers?
Q.1 Revenue growth of HD Fire Protect Ltd vs industry peers?
HD Fire Protect Ltd revenue CAGR is 14.75%, compared to the industry median CAGR of %, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of HD Fire Protect Ltd?
Promoters hold % of the HD Fire Protect Ltd, with % of their stake pledged, indicating no pledge risk.
Q.1 Stock return of HD Fire Protect Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
HD Fire Protect Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'23Mar'24Mar'25TTM
ROCE % ⓘ33.8%37.6%39.6%-

Growth Parameters ⓘ

Sales ⓘ324373433433
Sales YoY Gr.-15.1%16.1%-
Adj EPS ⓘ3.54.866.3
YoY Gr.-36.4%24.2%-
BVPS (₹) ⓘ14.719.622.70
Adj Net
Profit ⓘ
66.584.6105110
Cash Flow from Ops. ⓘ53.463.898.3-
Debt/CF from Ops. ⓘ000-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANA16.1%
Adj EPS ⓘNANANA24.2%
BVPSⓘNANANA15.6%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ
24.127.328.455.2
Op. Profit
Mgn % ⓘ
27.728.631.9NAN
Net Profit
Mgn % ⓘ
20.522.724.325.3
Debt to
Equity ⓘ
000-
Working Cap
Days ⓘ
01771690
Cash Conv.
Cycle ⓘ
082700

Valuation of HD Fire Protect - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

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No data found!

Management X-Ray

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Financials

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Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

HD Fire Protect Ltd FAQs

The current trading price of HD Fire Protect on 22-Oct-2026 16:59 is ₹276.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Oct-2026 the market cap of HD Fire Protect stood at ₹4,852.1 Cr

The latest P/E ratio of HD Fire Protect as of 21-Oct-2026 is 44.29.

The latest P/B ratio of HD Fire Protect as of 21-Oct-2026 is 0.00.

The 52-week high of HD Fire Protect is ₹338.0 and the 52-week low is ₹276.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HD Fire Protect is ₹433 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that HD Fire Protect Ltd is a below average quality company.

No data found

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of HD Fire Protect Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About HD Fire Protect Ltd

HD Fire Protect was incorporated as ‘D.H. Fire Protect Private Limited’ as a private limited company on April 24, 1997. Pursuant to a board resolution dated December 15, 2004, and a shareholders’ resolution dated March 1, 2005, the name of the company was changed to ‘HD Fire Protect Private Limited’ on April 1, 2005. Subsequently, pursuant to a board resolution dated May 31, 2025 and a shareholders’ resolution dated June 6, 2025, the company was converted into a public limited company and consequently, the name of the company was changed to ‘HD Fire Protect Limited’ on June 19, 2025.

The company is an Indian manufacturer and supplier of fire protection equipment and systems, offering a comprehensive portfolio spanning water, foam, and gas-based fire suppression systems, which are also generally known as fire fighting products. It develops majority of its products in-house with proprietary designs to meet national and international standards, serving high-hazard industrial applications as well as residential and commercial sectors. 

The company’s offerings are spread across 8 product categories, covering a wide spectrum of industrial end use in sectors such as industrials, heavy engineering, aerospace, oil & gas, refining and petrochemicals, power & energy, pharmaceuticals, data centres, warehousing amongst others; and residential and commercial end use in sectors such as hospitality, healthcare, retail, education, banking and warehousing. It supplies its products across multiple countries. This international reach is supported by a distributor-led supply chain for international markets and a stockist model for India.

Business area of the company 

The company is primarily engaged in the business of manufacturing and trading of various Fire Fighting Equipment. It sells its products across India and international markets.

Products of the company

  • Sprinkler, alarm valves & accessories
  • Deluge valves, deluge skids and pre-action systems
  • Foam equipment and suppression systems
  • Water spray nozzles
  • System valves & accessories
  • Monitors & monitor nozzles
  • Custom engineered systems
  • Gas suppression systems

Awards, accreditations and recognition 

  • 2013: Received the ‘India SME 100 Award’ presented by BOI.
  • 2014: Received the ‘Runner up for ASSOCHAM SME of the year Award at second SMEs Excellence Award 2014’.
  • 2014: Received the ‘Roll of Honor award’ presented by LIC in India’s Small Giants Award.
  • 2015: Received the ‘India SME Excellence Award in Export - Manufacturing sector’ presented by SME Development Chamber of India.
  • 2015: Received the ‘Sarthi SME Excellence Award’ in recognition of business performance presented by Sarthi Advisors Private Limited.
  • 2015-2016: Received the ‘Star Performer 2015-16’ for miscellaneous general-purpose machinery presented by EEPC India.
  • 2016: Received the ‘Winner SME of the Year Award’ at the fourth SMEs Excellence Award -2016.
  • 2018: Received the ‘ASSOCHAM SME of the Year Award at sixth SMEs Excellence Award - 2018’.
  • 2018: Received the ‘Export Excellence Award’ presented by the Federation of Industries of India.
  • 2019: Received the ‘FIST Award for Innovative Product of the Year - Fire Safety’.
  • 2020: Received the ‘Winner FIST Award in recognition for Product of the Year - Fire Fighting’.
  • 2022: Received the ‘Fire India Global Footprint Award - 2022’ from Institution of Fire Engineers (India).
  • 2022: Received the ‘Innovation Award - 2022’in Active Fire Protection Category at the Fire India 2022 Conference and Exhibition.
  • 2023: Received the ‘All India Export Excellence Award’ presented by the Federation of Industries of India.
  • 2024: Received the ‘Strategic Partner Award Sprinkler Products (India)’ presented by Potter Global Technologies.
  • 2024: Received the ‘Maharashtra State Export Award in Silver Category - Engineering Sector’ presented by Directorate of Industries, Industries Department.
  • 2025: Received the ‘Diamond Jubilee - All India Export Excellence Award - 2025’ presented by the Federation of Industries of India.

History and milestones

  • 1996: M/s HD Fire Protect Co. was the first Indian fire protection equipment manufacturing firm to receive UL certification for deluge valve.
  • 1997: Incorporated as D.H. Fire Protect Private Limited.
  • 2005: Takeover of the partnership firm M/s HD Fire Protect Co.
  • 2005: Name of the company was changed to HD Fire Protect Private Limited from D.H. Fire Protect Private Limited.
  • 2005: First Indian fire protection equipment manufacturing company to receive FM approval for firefighting monitors and monitor nozzles.
  • 2006: First regional sales office opened in New Delhi.
  • 2022: Received 2-star export house certification.
  • 2023: Expanded manufacturing facility to 8.50 acres.
  • 2025: Reached product distribution in over 90 countries.
  • 2025: The company converted from a private limited company to a public limited company. Accordingly, the name of the company was changed from HD Fire Protect Private Limited to HD Fire Protect Limited.
  • 2026: Incorporation of the subsidiary of the company in Saudi Arabia, namely, HD Fire Protect Company.

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