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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Hisar Metal Industries Limited is an India-based stainless-steel strips, tubes and pipes manufacturer. The Company's product categories include cold rolled precision stainless steel strips, stainless steel welded tubes and pipes, and stainless-steel plumbing pipes and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, fully valued.
HISAR METAL is scored on the commodity / cyclical framework. It keeps a thin 1.3% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 3.13× reported profit. It throws off free cash worth 8.6% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at -2%/yr and profit at -32%/yr. Book value has grown 7%/yr. Return on equity is a weak 5.1%. In the latest quarter profit grew 137% versus the prior quarter.
At 23× earnings, the stock sits at the 60th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~6%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 16.68 | 21.11 | better |
| P/B | 1.21 | 2.12 | better |
| EV/EBITDA | 10.27 | 8.94 | worse |
| ROE | 5.14 | 18.05 | worse |
| ROCE | 7.5 | 11.11 | worse |
| ROA | 2.91 | 3.13 | worse |
| Quick Ratio | 1.02 | 3.33 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Tata Steel | 20.6 | 2.3 | 10.6% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
Negative CAGR — the top line has shrunk over this window. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (-2% vs -32%) — costs are rising faster than the top line.
Operating margin has compressed from 6% to 2% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 5% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 15pp.
-32% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 3.1× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 11% QoQ — could be seasonality or a genuine slowdown.
Profit jumped 137% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 61.2% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.