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Hisar Metal Industries Ltd Stock Analysis

Small Cap
Evaluated by 135 users | BSE: 590018 | NSE: HISARMETAL |
Steel & Iron Products
Hisar Metal Industries was set up at Hisar, Haryana in the year 1991 to produce high pecision, utra thin stainless steel strips. Hisar is popularly known as the ‘Stainless Steel City of India.Over the years, Hisar Metal has achieved phenomenal growth. Utilising...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 7.65%8.91%7.12%8.49%8.96%6.14%7.76%11.76%10.26%8.49%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 145198202211224176161231208178
Y-o-Y Gr. Rt.-36.1%2.3%4.6%5.9%-21.3%-8.4%43.2%-10.1%-14.3%
Adjusted EPS (Rs.) 0.950.31-0.082.142.40.724.848.989.847.22
Y-o-Y Gr. Rt.--67.4%-125.8%NA12.2%-70%572.2%85.5%9.6%-26.6%
Book Value per Share (Rs.) 22.3921.9521.222.724.3624.2727.9535.9444.650.84
Adjusted Net Profit 0.50.201.21.30.42.64.95.33.9
Net Op. Cash Flow (Rs. Cr.) 15.1-1.88.111.8-5.619.66.79.5124.1
Debt to Cash Flow from Ops 3.27-33.056.894.51-12.512.979.66.795.215.5
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Hisar Metal Industries Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 2.3%-4.5%3.3%-14.3%
Adjusted EPS 25.3%24.6%14.3%-26.6%
Book Value per Share 9.515.922.114
Share Price 28.3% 45.7% 11.2% 157.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 4.251.38-0.369.7610.182.9518.5328.124.4315.12
Operating Profit Margin (%) 5.945.544.734.94.924.836.046.776.166.88
Net Profit Margin (%) 0.350.08-0.020.550.580.221.622.12.562.19
Debt to Equity 4.085.134.854.355.364.434.253.332.62.29
Working Capital Days 127961019498114118108143164
Cash Conversion Cycle 7264726571979982100126
Entity Percentage Holding
Promoters 56.11%
Non-Institutions 43.89%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Hisar Metal Industries Ltd's performance infers:

Hisar Metal Industries Ltd earnings have grown by 24.6%, whereas share price has appreciated 45.7% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Hisar Metal Industries Ltd share prices over the last 10 years. Here is what we found out:

Hisar Metal Industries Ltd share price has appreciated 21.7% annually over the past ten years.

Hisar Metal Industries was set up at Hisar, Haryana in the year 1991 to produce high pecision, utra thin stainless steel strips. Hisar is popularly known as the ‘Stainless Steel City of India.

Over the years, Hisar Metal has achieved phenomenal growth. Utilising state-of-the-art-technology and high precision imported machinery, they are able to manufacture ultra thin (upto 0.05mm) high precision stainless steel strips with dimensional accuracy, excellent flatness and smooth surface

Hisar Metal Industries was set up at Hisar, Haryana in the year 1991 to produce high pecision, utra thin stainless steel strips. Hisar is popularly known as the ‘Stainless Steel City of India.

Over the years, Hisar Metal has achieved phenomenal growth. Utilising state-of-the-art-technology and high precision imported machinery, they are able to manufacture ultra thin (upto 0.05mm) high precision stainless steel strips with dimensional accuracy, excellent flatness and smooth surface finish.

Stainless steel, since its first cast in the year 1913, has come a long way. Today, stainless steel is widely used not only by the heavy industries but also by small and medium industries that manufacture our day to day utility products. The demand base of the Indian stainless steel industry is second to textile industry in terms of sheer magnitude. No doubt stainless steel is called - the versatile metal, because of its numerous applications and extra ordinary properties.

Backed by a dedicated, skilled technical workforce and a flair to excel in providing services made it possible for Hisar Metal to stand out as one of the leading suppliers of high quality stainless steel strips to the domestic as well as overseas markets.

The company has its own captive power supply to sustain internal consumption. Recently installed 6.5 MW gensets cater to their needs in excess to their requirement supply of power all the time.

Ever since their inception, they have been keen on increasing their presence in newer markets. Their efforts have paid good dividends and today their products are exported to Australia, USA, China, Pakistan, Bangladesh, Korea and Germany.

To cater to the increasing demand from these countries and in order to increase their basket in future, they have successfully commissioned the latest 6hi mill and BA line.

Products manuffactured by the company:

High precision, ultra thin stainless steel strips for the use in Automotive Parts, Camera, Clamps, Engine Gasket, Fiber Optics, Metal Hose, etc. 

Achievements/ recognition:

It is an ISO 9001 certified company.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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