Buy Or Sell Opportunity • Jun 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.3% to ₹96.15. The fair value is estimated to be ₹120, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 77% over the last 3 years. Earnings per share has declined by 5.8%. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹0.64 (vs ₹2.60 in FY 2025) Full year 2026 results: EPS: ₹0.64 (down from ₹2.60 in FY 2025). Revenue: ₹173.5m (up 114% from FY 2025). Net income: ₹3.94m (down 76% from FY 2025). Profit margin: 2.3% (down from 20% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • May 14
Hariyana Ship Breakers Limited to Report Q4, 2026 Results on May 29, 2026 Hariyana Ship Breakers Limited announced that they will report Q4, 2026 results on May 29, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹11.06 (vs ₹0.69 in 3Q 2025) Third quarter 2026 results: EPS: ₹11.06 (up from ₹0.69 in 3Q 2025). Revenue: ₹96.2m (up 372% from 3Q 2025). Net income: ₹68.2m (up ₹64.0m from 3Q 2025). Profit margin: 71% (up from 21% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Hariyana Ship Breakers Limited to Report Q3, 2026 Results on Feb 13, 2026 Hariyana Ship Breakers Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 19
Second quarter 2026 earnings released: EPS: ₹3.64 (vs ₹0.80 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.64 (up from ₹0.80 in 2Q 2025). Revenue: ₹35.4m (up 71% from 2Q 2025). Net income: ₹22.5m (up 357% from 2Q 2025). Profit margin: 64% (up from 24% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Oct 28
Hariyana Ship Breakers Limited to Report Q2, 2026 Results on Nov 13, 2025 Hariyana Ship Breakers Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Announcement • Sep 09
Hariyana Ship Breakers Limited, Annual General Meeting, Sep 30, 2025 Hariyana Ship Breakers Limited, Annual General Meeting, Sep 30, 2025, at 09:00 Indian Standard Time. Announcement • Aug 02
Hariyana Ship Breakers Limited to Report Q1, 2026 Results on Aug 12, 2025 Hariyana Ship Breakers Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹2.60 (vs ₹5.23 in FY 2024) Full year 2025 results: EPS: ₹2.60 (down from ₹5.23 in FY 2024). Revenue: ₹84.0m (down 95% from FY 2024). Net income: ₹16.0m (down 50% from FY 2024). Profit margin: 19% (up from 2.1% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. New Risk • May 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10.0% average weekly change). Revenue is less than US$1m (₹81m revenue, or US$945k). Minor Risk Market cap is less than US$100m (₹882.8m market cap, or US$10.3m). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹120, the stock trades at a trailing P/E ratio of 62.2x. Average trailing P/E is 25x in the Trade Distributors industry in India. Total returns to shareholders of 34% over the past three years. Announcement • May 12
Hariyana Ship Breakers Limited to Report Q4, 2025 Results on May 30, 2025 Hariyana Ship Breakers Limited announced that they will report Q4, 2025 results on May 30, 2025 New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹81m revenue, or US$944k). Market cap is less than US$10m (₹620.1m market cap, or US$7.26m). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹101, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 24x in the Trade Distributors industry in India. Negligible returns to shareholders over past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.69 (vs ₹1.19 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.69 (down from ₹1.19 in 3Q 2024). Revenue: ₹20.4m (down 19% from 3Q 2024). Net income: ₹4.23m (down 42% from 3Q 2024). Profit margin: 21% (down from 29% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹113, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 37x in the Trade Distributors industry in India. Total returns to shareholders of 17% over the past three years. Announcement • Feb 06
Hariyana Ship Breakers Limited to Report Q3, 2025 Results on Feb 13, 2025 Hariyana Ship Breakers Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹145, the stock trades at a trailing P/E ratio of 59.5x. Average trailing P/E is 38x in the Trade Distributors industry in India. Total returns to shareholders of 46% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.80 (vs ₹9.60 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.80 (down from ₹9.60 in 2Q 2024). Revenue: ₹20.6m (down 98% from 2Q 2024). Net income: ₹4.92m (down 92% from 2Q 2024). Profit margin: 24% (up from 6.3% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Nov 06
Hariyana Ship Breakers Limited to Report Q2, 2025 Results on Nov 14, 2024 Hariyana Ship Breakers Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹149, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 38x in the Trade Distributors industry in India. Total returns to shareholders of 40% over the past three years. Announcement • Sep 16
Hariyana Ship Breakers Limited, Annual General Meeting, Sep 30, 2024 Hariyana Ship Breakers Limited, Annual General Meeting, Sep 30, 2024, at 09:00 Indian Standard Time. New Risk • Sep 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹819.9m (US$9.77m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (₹819.9m market cap, or US$9.77m). Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹0.38 (vs ₹1.99 in 1Q 2024) First quarter 2025 results: EPS: ₹0.38 (down from ₹1.99 in 1Q 2024). Revenue: ₹23.1m (down 97% from 1Q 2024). Net income: ₹2.32m (down 81% from 1Q 2024). Profit margin: 10% (up from 1.6% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Aug 05
Hariyana Ship Breakers Limited to Report Q1, 2025 Results on Aug 14, 2024 Hariyana Ship Breakers Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹149, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 36x in the Trade Distributors industry in India. Total returns to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹127, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 36x in the Trade Distributors industry in India. Total returns to shareholders of 32% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹5.23 (vs ₹6.66 in FY 2023) Full year 2024 results: EPS: ₹5.23 (down from ₹6.66 in FY 2023). Revenue: ₹1.58b (up 156% from FY 2023). Net income: ₹32.3m (down 21% from FY 2023). Profit margin: 2.0% (down from 6.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • May 23
Hariyana Ship Breakers Limited to Report Q4, 2024 Results on May 30, 2024 Hariyana Ship Breakers Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹128, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 33x in the Trade Distributors industry in India. Total returns to shareholders of 112% over the past three years. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹115, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 31x in the Trade Distributors industry in India. Total returns to shareholders of 133% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹86.55, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 30x in the Trade Distributors industry in India. Total returns to shareholders of 55% over the past three years. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹1.19 (vs ₹0.56 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.19 (up from ₹0.56 in 3Q 2023). Revenue: ₹25.0m (down 93% from 3Q 2023). Net income: ₹7.35m (up 111% from 3Q 2023). Profit margin: 29% (up from 1.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • Feb 02
Hariyana Ship Breakers Limited to Report Q3, 2024 Results on Feb 12, 2024 Hariyana Ship Breakers Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹9.60 (vs ₹0.42 in 2Q 2023) Second quarter 2024 results: EPS: ₹9.60 (up from ₹0.42 in 2Q 2023). Revenue: ₹933.2m (up ₹907.7m from 2Q 2023). Net income: ₹59.2m (up ₹56.6m from 2Q 2023). Profit margin: 6.3% (down from 10% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. New Risk • Nov 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (41% accrual ratio). Market cap is less than US$10m (₹688.4m market cap, or US$8.26m). Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₹112, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 23x in the Trade Distributors industry in India. Total returns to shareholders of 242% over the past three years. Announcement • Sep 09
Hariyana Ship Breakers Limited, Annual General Meeting, Sep 30, 2023 Hariyana Ship Breakers Limited, Annual General Meeting, Sep 30, 2023, at 09:00 Indian Standard Time. Agenda: To consider the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and Statutory Auditors thereon; To appoint a Director in place of Mrs. Unnati Reniwal; and to consider other matters. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹81.09, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total returns to shareholders of 167% over the past three years. Announcement • Aug 06
Hariyana Ship Breakers Limited to Report Q1, 2024 Results on Aug 14, 2023 Hariyana Ship Breakers Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹81.26, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 29x in the Trade Distributors industry in India. Total returns to shareholders of 190% over the past three years. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹6.66 (vs ₹2.99 in FY 2022) Full year 2023 results: EPS: ₹6.66 (up from ₹2.99 in FY 2022). Revenue: ₹619.7m (down 65% from FY 2022). Net income: ₹41.1m (up 123% from FY 2022). Profit margin: 6.6% (up from 1.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 21
Hariyana Ship Breakers Limited to Report Q4, 2023 Results on May 30, 2023 Hariyana Ship Breakers Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: ₹0.56 (vs ₹2.20 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.56 (down from ₹2.20 in 3Q 2022). Revenue: ₹331.5m (up 11% from 3Q 2022). Net income: ₹3.48m (down 74% from 3Q 2022). Profit margin: 1.1% (down from 4.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 18
Hariyana Ship Breakers Limited Appoints Pooja Yadav as Company Secretary and Compliance Officer The board of directors of Hariyana Ship Breakers Limited at its meeting held on January 17, 2023, considered and unanimously approved the appointment of Ms. Pooja Yadav (ACS 68696) as its Company Secretary and Compliance Officer to be effective from January 17, 2023. Term of appointment -As per the terms of Offer letter and in accordance with the applicable provisions of the Act and the Listing Regulations. Ms. Pooja Yadav comes with a background of working with a Practising Company Secretary Firm. A young dynamic professional pursuing 3rd year LLB from Dr. Ambedkar college of law is keen to utilise and enhance professional skills while contributing to the overall success. Announcement • Jan 17
Hariyana Ship Breakers Limited to Report Q3, 2023 Results on Feb 14, 2023 Hariyana Ship Breakers Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: ₹0.42 (vs ₹3.50 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.42 (down from ₹3.50 in 2Q 2022). Revenue: ₹25.5m (down 93% from 2Q 2022). Net income: ₹2.60m (down 88% from 2Q 2022). Profit margin: 10% (up from 6.4% in 2Q 2022). The increase in margin was driven by lower expenses. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Executive Director Unnati Reniwal was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 12
Hariyana Ship Breakers Limited to Report Q2, 2023 Results on Nov 14, 2022 Hariyana Ship Breakers Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Sep 09
Hariyana Ship Breakers Limited, Annual General Meeting, Sep 30, 2022 Hariyana Ship Breakers Limited, Annual General Meeting, Sep 30, 2022, at 09:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited standalone financial statements of the company for the financial year ended march 31, 2022, together with the reports of the board of directors and statutory auditors thereon; to receive, consider and adopt the audited consolidated financial statements of the company for the financial year ended March 31, 2022 together with the Reports of the Statutory Auditors thereon; to appoint a Director in place of Mr. Shantisarup Reniwal (DIN: 00040355), who retires by rotation and being eligible, offers himself for re-appointment; and to consider other matters if any. Reported Earnings • Aug 18
First quarter 2023 earnings released: ₹0.33 loss per share (vs ₹4.21 profit in 1Q 2022) First quarter 2023 results: ₹0.33 loss per share (down from ₹4.21 profit in 1Q 2022). Revenue: ₹95.2m (down 87% from 1Q 2022). Net loss: ₹2.02m (down 108% from profit in 1Q 2022). Announcement • Aug 07
Hariyana Ship Breakers Limited to Report Q1, 2023 Results on Aug 13, 2022 Hariyana Ship Breakers Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Announcement • Aug 04
Hariyana Ship Breakers Limited Announces Resignation of Dhwani Dinesh Punamiya, with Effect from August 2, 2022 Hariyana Ship Breakers Limited announced resignation of Ms. Dhwani Dinesh Punamiya from the post of Company Secretary and Compliance Officer of the Company with effect from close of working hours of August 02, 2022 by submitting her resignation letter dated August 02, 2022 to the Board of Directors of the Company. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹64.50, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 21x in the Trade Distributors industry in India. Total returns to shareholders of 8.4% over the past three years. Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: ₹2.99 (vs ₹15.56 in FY 2021) Full year 2022 results: EPS: ₹2.99 (down from ₹15.56 in FY 2021). Revenue: ₹1.77b (up 8.7% from FY 2021). Net income: ₹18.4m (down 81% from FY 2021). Profit margin: 1.0% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • May 24
Hariyana Ship Breakers Limited to Report Q4, 2022 Results on May 30, 2022 Hariyana Ship Breakers Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Executive Director Unnati Reniwal was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹109, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 21x in the Trade Distributors industry in India. Total returns to shareholders of 73% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹2.20 (down from ₹5.32 in 3Q 2021). Revenue: ₹298.9m (down 51% from 3Q 2021). Net income: ₹13.6m (down 59% from 3Q 2021). Profit margin: 4.5% (down from 5.4% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Feb 08
Hariyana Ship Breakers Limited to Report Q3, 2022 Results on Feb 14, 2022 Hariyana Ship Breakers Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 23% share price gain to ₹139, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 28x in the Trade Distributors industry in India. Total returns to shareholders of 89% over the past three years. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₹128, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 38x in the Trade Distributors industry in India. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₹114, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 37x in the Trade Distributors industry in India. Total returns to shareholders of 50% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹15.56 (vs ₹11.73 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹1.66b (up 14% from FY 2020). Net income: ₹96.0m (up ₹168.3m from FY 2020). Profit margin: 5.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 21% share price gain to ₹89.00, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 31x in the Trade Distributors industry in India. Total returns to shareholders of 5.0% over the past three years. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 19% share price gain to ₹75.15, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 25x in the Trade Distributors industry in India. Total loss to shareholders of 6.1% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 22% share price gain to ₹52.35, the stock is trading at a trailing P/E ratio of 9.1x, up from the previous P/E ratio of 7.5x. This compares to an average P/E of 24x in the Trade Distributors industry in India. Total return to shareholders over the past three years is a loss of 57%. Is New 90 Day High Low • Mar 02
New 90-day high: ₹52.35 The company is up 45% from its price of ₹36.10 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 87% over the same period. Announcement • Feb 14
Hariyana Ship Breakers Limited Appoints Dhwani Dinesh Punamiya as Company Secretary & Compliance Officer Hariyana Ship Breakers Limited announced that it has considered and approved the appointment of Ms. Dhwani Dinesh Punamiya a qualified Company Secretary having Membership Number: A60993, as the Company Secretary & Compliance Officer of the Company in terms of Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, effective from February 13, 2021. Announcement • Feb 06
Hariyana Ship Breakers Limited to Report Q3, 2021 Results on Feb 13, 2021 Hariyana Ship Breakers Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: ₹42.40 The company is up 47% from its price of ₹28.90 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 44% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₹37.60 The company is up 35% from its price of ₹27.80 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 36% over the same period. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS ₹4.65 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹260.2m (down 2.6% from 2Q 2020). Net income: ₹28.7m (up ₹52.1m from 2Q 2020). Profit margin: 11% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 77% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 13
New 90-day high: ₹32.65 The company is up 13% from its price of ₹29.00 on 14 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 57% over the same period. Announcement • Nov 03
Hariyana Ship Breakers Limited to Report Q2, 2021 Results on Nov 11, 2020 Hariyana Ship Breakers Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Announcement • Nov 02
Hariyana Ship Breakers Limited Approves the Resignation of Shalinder Kaur Saddal from the Post of Company Secretary and Compliance Officer, Effective on November 30, 2020 Hariyana Ship Breakers Limited at the board of directors meeting held on October 31, 2020, approved the Resignation of Ms. Shalinder Kaur Saddal from the post of company secretary and compliance officer of the company with effect from the close of business hours of November 30, 2020. Reported Earnings • Sep 19
First quarter earnings released Over the last 12 months the company has reported total losses of ₹74.9m, with earnings decreasing by ₹117.2m from the prior year. Total revenue was ₹1.45b over the last 12 months, down 57% from the prior year. Announcement • Sep 09
Hariyana Ship Breakers Limited to Report Q1, 2021 Results on Sep 15, 2020 Hariyana Ship Breakers Limited announced that they will report Q1, 2021 results on Sep 15, 2020 Announcement • Jul 07
Hariyana Ship Breakers Limited to Report Q4, 2020 Final Results on Jul 09, 2020 Hariyana Ship Breakers Limited announced that they will report Q4, 2020 final results on Jul 09, 2020 
