Upcoming Dividend • Aug 10
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 17 August 2026. Payment date: 27 September 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (1.7%). Reported Earnings • Aug 07
Full year 2026 earnings released: EPS: ₹6.27 (vs ₹5.88 in FY 2025) Full year 2026 results: EPS: ₹6.27 (up from ₹5.88 in FY 2025). Revenue: ₹2.62b (up 7.0% from FY 2025). Net income: ₹33.8m (up 6.5% from FY 2025). Profit margin: 1.3% (in line with FY 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Jul 23
Hisar Metal Industries Limited to Report Q1, 2027 Results on Aug 08, 2026 Hisar Metal Industries Limited announced that they will report Q1, 2027 results at 9:15 AM, Indian Standard Time on Aug 08, 2026 New Risk • Jun 15
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% 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 Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (₹874.8m market cap, or US$9.25m). Announcement • Jun 01
Hisar Metal Industries Limited, Annual General Meeting, Aug 28, 2026 Hisar Metal Industries Limited, Annual General Meeting, Aug 28, 2026, at 09:00 Indian Standard Time. Location: near industrial development colony, delhi road, hisar (haryana)-125005., hisar India Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹6.41 (vs ₹5.88 in FY 2025) Full year 2026 results: EPS: ₹6.41 (up from ₹5.88 in FY 2025). Revenue: ₹2.63b (up 7.5% from FY 2025). Net income: ₹33.8m (up 6.4% from FY 2025). Profit margin: 1.3% (in line with FY 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • May 15
Hisar Metal Industries Limited to Report Q4, 2026 Results on May 30, 2026 Hisar Metal Industries Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on May 30, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹145, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 12% over the past three years. Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: ₹2.50 (vs ₹1.52 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.50 (up from ₹1.52 in 3Q 2025). Revenue: ₹684.0m (up 20% from 3Q 2025). Net income: ₹13.5m (up 65% from 3Q 2025). Profit margin: 2.0% (up from 1.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jan 30
Now 24% overvalued Over the last 90 days, the stock has fallen 12% to ₹161. The fair value is estimated to be ₹130, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 58%. Announcement • Jan 19
Hisar Metal Industries Limited to Report Q3, 2026 Results on Feb 09, 2026 Hisar Metal Industries Limited announced that they will report Q3, 2026 results on Feb 09, 2026 New Risk • Jan 14
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 8.4% 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 Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (₹837.0m market cap, or US$9.28m). Minor Risk Profit margins are more than 30% lower than last year (1.0% net profit margin). Buy Or Sell Opportunity • Jan 14
Now 21% overvalued Over the last 90 days, the stock has fallen 9.7% to ₹159. The fair value is estimated to be ₹131, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 58%. Buy Or Sell Opportunity • Dec 22
Now 20% overvalued Over the last 90 days, the stock has fallen 14% to ₹158. The fair value is estimated to be ₹131, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 58%. New Risk • Dec 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹901.8m (US$9.99m) 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 Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (₹901.8m market cap, or US$9.99m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). New Risk • Dec 04
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 7.3% 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 Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (₹934.2m market cap, or US$10.4m). Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹1.57 (vs ₹2.07 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.57 (down from ₹2.07 in 2Q 2025). Revenue: ₹598.7m (down 7.8% from 2Q 2025). Net income: ₹8.50m (down 24% from 2Q 2025). Profit margin: 1.4% (down from 1.7% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Oct 22
Hisar Metal Industries Limited to Report Q2, 2026 Results on Nov 12, 2025 Hisar Metal Industries Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Upcoming Dividend • Sep 01
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 08 September 2025. Payment date: 19 October 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (2.9%). Buy Or Sell Opportunity • Aug 19
Now 22% overvalued Over the last 90 days, the stock has fallen 6.9% to ₹186. The fair value is estimated to be ₹152, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 54%. Declared Dividend • Aug 13
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 8th September 2025 Payment date: 19th October 2025 Dividend yield will be 0.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 6.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 11
Hisar Metal Industries Limited, Annual General Meeting, Sep 19, 2025 Hisar Metal Industries Limited, Annual General Meeting, Sep 19, 2025, at 09:00 Indian Standard Time. Location: near industrial development colony, delhi road, hisar (haryana)-125005., hisar India New Risk • Aug 10
New major risk - Revenue and earnings growth Earnings have declined by 3.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 3.6% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (₹1.08b market cap, or US$12.4m). Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: ₹0.78 (vs ₹1.59 in 1Q 2025) First quarter 2026 results: EPS: ₹0.78 (down from ₹1.59 in 1Q 2025). Revenue: ₹623.3m (down 2.0% from 1Q 2025). Net income: ₹4.20m (down 51% from 1Q 2025). Profit margin: 0.7% (down from 1.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Jul 18
Hisar Metal Industries Limited to Report Q1, 2026 Results on Aug 09, 2025 Hisar Metal Industries Limited announced that they will report Q1, 2026 results at 9:15 AM, Indian Standard Time on Aug 09, 2025 Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹5.89 (vs ₹11.97 in FY 2024) Full year 2025 results: EPS: ₹5.89 (down from ₹11.97 in FY 2024). Revenue: ₹2.46b (up 1.7% from FY 2024). Net income: ₹31.8m (down 51% from FY 2024). Profit margin: 1.3% (down from 2.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 28
Hisar Metal Industries Limited Recommends Dividend for the Financial Year Ended on March 31, 2025 Hisar Metal Industries Limited at its board of directors meeting held on May 28, 2025, recommended a dividend of INR 1.00 per Equity share of INR 10.00 each (10%) for the financial year ended on March 31, 2025, subject to the approval of the shareholders at the upcoming Annual General Meeting of the Company. Announcement • May 10
Hisar Metal Industries Limited to Report Q4, 2025 Results on May 28, 2025 Hisar Metal Industries Limited announced that they will report Q4, 2025 results at 9:15 AM, Indian Standard Time on May 28, 2025 Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹195, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 76% over the past three years. Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹1.52 (vs ₹2.83 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.52 (down from ₹2.83 in 3Q 2024). Revenue: ₹570.7m (up 7.2% from 3Q 2024). Net income: ₹8.20m (down 46% from 3Q 2024). Profit margin: 1.4% (down from 2.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Jan 23
Hisar Metal Industries Limited to Report Q3, 2025 Results on Feb 10, 2025 Hisar Metal Industries Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: ₹2.07 (vs ₹3.89 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.07 (down from ₹3.89 in 2Q 2024). Revenue: ₹651.3m (flat on 2Q 2024). Net income: ₹11.2m (down 47% from 2Q 2024). Profit margin: 1.7% (down from 3.2% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Oct 23
Hisar Metal Industries Limited to Report Q2, 2025 Results on Nov 07, 2024 Hisar Metal Industries Limited announced that they will report Q2, 2025 results on Nov 07, 2024 Board Change • Oct 04
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Additional Non-Executive Non-Independent Director Neeraj Jindal was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 02
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 09 September 2024. Payment date: 20 October 2024. Payout ratio is a comfortable 8.4% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.5%). Announcement • Aug 14
Hisar Metal Industries Limited, Annual General Meeting, Sep 20, 2024 Hisar Metal Industries Limited, Annual General Meeting, Sep 20, 2024, at 09:00 Indian Standard Time. Location: near industrial development colony, delhi road, hisar (haryana)-125005., hisar India Declared Dividend • Aug 14
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 9th September 2024 Payment date: 20th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: ₹1.59 (vs ₹3.30 in 1Q 2024) First quarter 2025 results: EPS: ₹1.59 (down from ₹3.30 in 1Q 2024). Revenue: ₹635.5m (up 2.2% from 1Q 2024). Net income: ₹8.60m (down 52% from 1Q 2024). Profit margin: 1.4% (down from 2.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Jul 26
Hisar Metal Industries Limited to Report Q1, 2025 Results on Aug 10, 2024 Hisar Metal Industries Limited announced that they will report Q1, 2025 results on Aug 10, 2024 Reported Earnings • Jun 05
Full year 2024 earnings released: EPS: ₹11.98 (vs ₹20.28 in FY 2023) Full year 2024 results: EPS: ₹11.98 (down from ₹20.28 in FY 2023). Revenue: ₹2.42b (down 12% from FY 2023). Net income: ₹64.7m (down 41% from FY 2023). Profit margin: 2.7% (down from 4.0% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • May 30
Hisar Metal Industries Limited Recommends Dividend for the Financial Year Ended on March 31, 2024 The Board of Directors of Hisar Metal Industries Limited at their meeting held on May 30, 2024, recommended a dividend of INR 1/- per Equity share of INR 10/- each (10%) for the financial year ended on March 31, 2024, subject to the approval of the shareholders at the upcoming Annual General Meeting of the Company. Announcement • May 16
Hisar Metal Industries Limited to Report Q4, 2024 Results on May 30, 2024 Hisar Metal Industries Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹223, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 102% over the past three years. Buy Or Sell Opportunity • Mar 14
Now 27% overvalued Over the last 90 days, the stock has fallen 16% to ₹174. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 11%. 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 ₹164, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 61% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹206, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 97% over the past three years. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: ₹2.83 (vs ₹3.20 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.83 (down from ₹3.20 in 3Q 2023). Revenue: ₹532.9m (down 9.8% from 3Q 2023). Net income: ₹15.3m (down 11% from 3Q 2023). Profit margin: 2.9% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 27
Hisar Metal Industries Limited to Report Q3, 2024 Results on Feb 10, 2024 Hisar Metal Industries Limited announced that they will report Q3, 2024 results at 12:15 PM, Indian Standard Time on Feb 10, 2024 Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹212, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 177% over the past three years. Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹3.89 (vs ₹6.59 in 2Q 2023) Second quarter 2024 results: EPS: ₹3.89 (down from ₹6.59 in 2Q 2023). Revenue: ₹654.5m (down 13% from 2Q 2023). Net income: ₹21.0m (down 41% from 2Q 2023). Profit margin: 3.2% (down from 4.7% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 32% per year. Buying Opportunity • Oct 23
Now 20% undervalued Over the last 90 days, the stock is up 4.5%. The fair value is estimated to be ₹205, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 43%. Announcement • Oct 21
Hisar Metal Industries Limited to Report Q2, 2024 Results on Nov 08, 2023 Hisar Metal Industries Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Announcement • Sep 23
Hisar Metal Industries Limited Approves Dividend for the Financial Year 2022-23 Hisar Metal Industries Limited announced at annual general meeting held on September 22, 2023, the shareholders approved declaration of dividend @ INR 1.00 per share for the financial year 2022-23. Upcoming Dividend • Sep 04
Upcoming dividend of ₹1.00 per share at 0.5% yield Eligible shareholders must have bought the stock before 11 September 2023. Payment date: 22 October 2023. Payout ratio is a comfortable 4.9% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (7.0%). Announcement • Aug 18
Hisar Metal Industries Limited, Annual General Meeting, Sep 22, 2023 Hisar Metal Industries Limited, Annual General Meeting, Sep 22, 2023, at 09:00 Indian Standard Time. Location: Near Industrial Development Colony Delhi Road, Hisar-125 005, Haryana Hisar India Agenda: To consider and approve the audited financial statements of the company for the financial year ended march 31, 2023, the reports of the board of directors and auditors thereon; to consider and approve the declare a dividend INR 1 per share as recommended by the board of directors; and to consider other matters. Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: ₹3.30 (vs ₹7.30 in 1Q 2023) First quarter 2024 results: EPS: ₹3.30 (down from ₹7.30 in 1Q 2023). Revenue: ₹622.0m (down 25% from 1Q 2023). Net income: ₹17.8m (down 55% from 1Q 2023). Profit margin: 2.9% (down from 4.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year whereas the company’s share price has increased by 39% per year. New Risk • Aug 08
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 8.3% 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: Minor Risks High level of debt (117% net debt to equity). Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₹957.7m market cap, or US$11.6m). Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹177, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 165% over the past three years. Announcement • Jul 29
Hisar Metal Industries Limited to Report Q1, 2024 Results on Aug 12, 2023 Hisar Metal Industries Limited announced that they will report Q1, 2024 results at 12:15 PM, Indian Standard Time on Aug 12, 2023 Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹162, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 159% over the past three years. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹20.28 (vs ₹22.33 in FY 2022) Full year 2023 results: EPS: ₹20.28 (down from ₹22.33 in FY 2022). Revenue: ₹2.77b (up 17% from FY 2022). Net income: ₹109.5m (down 9.2% from FY 2022). Profit margin: 4.0% (down from 5.1% in FY 2022). The decrease in margin was driven by higher expenses. 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 37% per year, which means it is significantly lagging earnings growth. Announcement • May 28
Hisar Metal Industries Limited Recommends Dividend for the Financial Year Ended on March 31, 2023 Hisar Metal Industries Limited recommended a dividend of INR 1 per Equity share of INR 10 each (10%) for the financial year ended on March 31, 2023, subject to the approval of the shareholders at the upcoming Annual General Meeting of the Company. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹163, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 218% over the past three years. Announcement • May 11
Hisar Metal Industries Limited to Report Q4, 2023 Results on May 27, 2023 Hisar Metal Industries Limited announced that they will report Q4, 2023 results at 12:15 PM, Indian Standard Time on May 27, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹4.46 (vs ₹5.39 in 3Q 2022) Third quarter 2023 results: EPS: ₹4.46 (down from ₹5.39 in 3Q 2022). Revenue: ₹594.0m (down 13% from 3Q 2022). Net income: ₹24.1m (down 17% from 3Q 2022). Profit margin: 4.1% (down from 4.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹178, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 191% over the past three years. Announcement • Jan 31
Hisar Metal Industries Limited to Report Q3, 2023 Results on Feb 10, 2023 Hisar Metal Industries Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 29% share price gain to ₹187, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 192% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹6.59 (vs ₹5.20 in 2Q 2022) Second quarter 2023 results: EPS: ₹6.59 (up from ₹5.20 in 2Q 2022). Revenue: ₹757.3m (up 34% from 2Q 2022). Net income: ₹35.6m (up 27% from 2Q 2022). Profit margin: 4.7% (down from 5.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. 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. 8 highly experienced directors. Independent & Non-Executive Director Sharat Jain was the last director to join the board, commencing their role in 2009. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹6.59 (vs ₹5.20 in 2Q 2022) Second quarter 2023 results: EPS: ₹6.59 (up from ₹5.20 in 2Q 2022). Revenue: ₹757.3m (up 34% from 2Q 2022). Net income: ₹35.6m (up 27% from 2Q 2022). Profit margin: 4.7% (down from 5.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Announcement • Nov 03
Hisar Metal Industries Limited to Report Q2, 2023 Results on Nov 11, 2022 Hisar Metal Industries Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Announcement • Sep 23
Hisar Metal Industries Approves to Declare Dividend for the Financial Year 2021-22 Hisar Metal Industries Limited at the AGM held on September 23, 2022 approved to declare dividend of 1.00 per share for the financial year 2021-22. Upcoming Dividend • Sep 02
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 09 September 2022. Payment date: 23 October 2022. Payout ratio is a comfortable 3.8% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (6.1%). Announcement • Aug 19
Hisar Metal Industries Proposes Dividend Hisar Metal Industries Limited at the AGM held on September 23, 2022 to declare a dividend of INR 1 per share as recommended by the Board of Directors. Announcement • Aug 18
Hisar Metal Industries Limited, Annual General Meeting, Sep 23, 2022 Hisar Metal Industries Limited, Annual General Meeting, Sep 23, 2022, at 09:00 Indian Standard Time. Location: Near Industrial Development Colony, Delhi Road Hisar Haryana India Agenda: To consider and adopt the audited financial statement of the Company for the financial year ended March 31, 2022, the reports of the Board of Directors and Auditors thereon; to declare a dividend of INR 1/- per share as recommended by the Board of Directors; to appoint a Director in place of Mr M P Jindal, who retires by rotation and being eligible, offers himself for re-appointment; and to consider any other amtters. Reported Earnings • Aug 13
First quarter 2023 earnings released: EPS: ₹7.30 (vs ₹3.19 in 1Q 2022) First quarter 2023 results: EPS: ₹7.30 (up from ₹3.19 in 1Q 2022). Revenue: ₹823.5m (up 76% from 1Q 2022). Net income: ₹39.4m (up 129% from 1Q 2022). Profit margin: 4.8% (up from 3.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 41% per year. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 21% share price gain to ₹119, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 120% over the past three years. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improved over the past week After last week's 17% share price gain to ₹125, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 141% over the past three years. Reported Earnings • May 31
Full year 2022 earnings released: EPS: ₹22.33 (vs ₹10.01 in FY 2021) Full year 2022 results: EPS: ₹22.33 (up from ₹10.01 in FY 2021). Revenue: ₹2.38b (up 56% from FY 2021). Net income: ₹120.6m (up 123% from FY 2021). Profit margin: 5.1% (up from 3.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 29% per year. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹113, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 125% over the past three years. Buying Opportunity • May 05
Now 22% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be ₹170, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Earnings per share has grown by 22%. 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. No experienced directors. 8 highly experienced directors. Independent & Non-Executive Director Sharat Jain was the last director to join the board, commencing their role in 2009. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 12
Now 21% undervalued Over the last 90 days, the stock is up 5.4%. The fair value is estimated to be ₹165, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Earnings per share has grown by 22%. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 28% share price gain to ₹138, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 245% over the past three years. Buying Opportunity • Mar 07
Now 22% undervalued Over the last 90 days, the stock is up 5.4%. The fair value is estimated to be ₹162, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% per annum over the last 3 years. Earnings per share has grown by 22% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 27% share price gain to ₹121, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 188% over the past three years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹5.39 (up from ₹4.76 in 3Q 2021). Revenue: ₹682.5m (up 46% from 3Q 2021). Net income: ₹29.1m (up 13% from 3Q 2021). Profit margin: 4.3% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 01
Hisar Metal Industries Limited to Report Q3, 2022 Results on Feb 12, 2022 Hisar Metal Industries Limited announced that they will report Q3, 2022 results on Feb 12, 2022 Upcoming Dividend • Sep 01
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 08 September 2021. Payment date: 23 October 2021. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.5%). Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 19% share price gain to ₹164, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 189% over the past three years. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS ₹10.02 (vs ₹7.24 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.53b (down 14% from FY 2020). Net income: ₹54.1m (up 38% from FY 2020). Profit margin: 3.5% (up from 2.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 31% share price gain to ₹122, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 59% over the past three years. Is New 90 Day High Low • Mar 02
New 90-day high: ₹124 The company is up 34% from its price of ₹92.15 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 Metals and Mining industry, which is up 36% over the same period. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 16% share price gain to ₹124, the stock is trading at a trailing P/E ratio of 20.6x, up from the previous P/E ratio of 17.8x. This compares to an average P/E of 15x in the Metals and Mining industry in India. Total returns to shareholders over the past three years are 51%. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS ₹4.76 (vs ₹1.83 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹466.9m (up 16% from 3Q 2020). Net income: ₹25.7m (up 160% from 3Q 2020). Profit margin: 5.5% (up from 2.5% in 3Q 2020). The increase in margin was driven by higher revenue. 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 5% per year, which means it is well ahead of earnings. 
