Hisar Metal Industries Ltd Stock Analysis

BSE: 590018 | NSE: HISARMETAL | Steel & Iron Products | Small Cap

BSE Share Price 29-Sep-2022 18:01
124.05 -0.80 (-0.64%)

DeciZen - Make an Informed Decision on Hisar Metal Inds

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Hisar Metal Inds Price Chart

P/E Ratio (SA) :
4.72
Market Cap :
67.4 Cr.
52-wk low :
90.2
52-wk high :
155.1
Bole Toh?

1. Is Hisar Metal Industries Ltd a good quality company?

Data is not available for this company.

2. Is Hisar Metal Industries Ltd undervalued or overvalued?

The key valuation ratios of Hisar Metal Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Hisar Metal Industries Ltd a good buy now?

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

10 Year X-Ray of Hisar Metal Inds:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 7.1%8.5%9%6.1%7.8%11.8%10.3%8.5%9.6%14.3%-
Value Creation Index -0.5-0.4-0.4-0.6-0.5-0.2-0.3-0.4-0.30.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 202211224176161231208178153237272
YoY Gr. Rt. %-4.6%5.9%-21.3%-8.4%43.2%-10.1%-14.3%-14.1%54.8%-
Adj EPS -0.12.12.40.74.899.87.21020.526.4
YoY Gr. Rt. %-NA12.2%-70%572.2%85.5%9.6%-26.6%38.8%104.2%-
BVPS (₹) 21.222.724.424.32835.944.650.859.981.288.5
Adj Net Profit 01.21.30.42.64.95.33.95.411.114
Cash Flow from Ops. 8.111.8-5.619.66.79.5124.18.76.2-
Debt/CF from Ops. 6.94.5-12.539.66.85.215.57.110.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.8%8%4.5%54.8%
Adj EPS NA33.4%27.6%104.2%
BVPS 16.123.822.135.6
Share Price 25.4% 11% 34.8% -4.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -0.49.810.2318.528.124.415.118.12931.2
Op. Profit Mgn % 4.74.94.94.866.86.26.99.59.19
Net Profit Mgn % -00.60.60.21.62.12.62.23.54.75.3
Debt to Equity 4.94.45.44.44.33.32.62.31.91.5-
Working Cap Days 10194981141181081431642221720
Cash Conv. Cycle 7265719799821001261571140

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 31.20%

Net Profit is growing at healthy rate in last 3 years 27.64%

Debt to equity has declined versus last 3 years average to 1.47

Sales growth is good in last 4 quarters at 47.97%

Sales growth has been subdued in last 3 years 4.46%

Latest Financials - Hisar Metal Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 26.4 -
TTM Sales (₹ Cr.) 272 -
BVPS (₹.) 88.5 -
Reserves (₹ Cr.) 42 -
P/BV 1.41 -
PE 4.72 -
From the Market
52 Week Low / High (₹) 90.20 / 155.05
All Time Low / High (₹) 9.33 / 165.00
Market Cap (₹ Cr.) 67.4
Equity (₹ Cr.) 5.4
Face Value (₹) 10
Industry PE 6.6

Management X-Ray of Hisar Metal Inds :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Hisar Metal Inds

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

About Hisar Metal Industries Ltd

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.

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