AnnouncementAug 2026
Aug 2026 · Book Closure For AGM/Dividend 30 May - 36th AGM on 28 Aug 2026; book closure 18-28 Aug; dividend record date 17 Aug 2026.
Source: Bse
Hisar Metal Industries Limited (HISARMETAL)
Small CapMetals stocks · Small cap · NSE
Hisar Metal Industries Limited operates in Steel Wires, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:07 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags10 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
34Bearishfull bear SMA stack · SMA20 -5.4% / mo · RSI oversold · MACD −
Stock trend: 23
Sector RS: 50
Sector 3M: -4.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
HISARMETALD candles · FIT view-8.5%Latest close ₹138.70 on 2026-10-19
Bar
+0.5%
RSI
25
MACD hist
-0.72
52W pos
20%
2026-10-19O ₹138.05H ₹142.00L ₹138.05C ₹138.70Vol 70 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
HISARMETALNifty MetalNifty 500
- HISARMETAL
- -9.0%
- Nifty 500
- -5.6%
- Nifty Metal
- -3.8%
- Vs Nifty 500
- -3.5 pp
Chart stats
19 Oct 2026- From 52W high
- -27.9%
- 52W range position
- 20%
- ATR (14)
- 3.7%
- Volume vs 20D
- 0.07x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹138.1 - ₹168.9
₹192.4
₹125 - ₹192.4
₹5.2
Latest completed session
20-session average
17.9% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED25
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good70
Revenue +3.7% · PAT +328.6% YoY
Technical
Bearish34
Price trend and sector-relative-strength timing.
Valuation
Legacy model-311.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence73
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 70/100Rev +4% YoY · PAT +329% YoY · margin expansion · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹64.4 Cr | +3.7% | -10.6% |
| EBITDA | ₹4.5 Cr | +69.0% | +40.2% |
| Operating margin | 7.0% | +271 bps | +255 bps |
| PAT | ₹1.8 Cr | +328.6% | +136.8% |
| PAT margin | 2.8% | +211 bps | +174 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 16.50
- P/B
- 1.19
- EV/EBITDA
- 9.19
- Market Cap
- 78.40Cr
Profitability
- ROE
- 4.96%
- ROCE
- 7.92%
- ROA
- 3.05%
- Dividend Y
- 0.69%
Growth (CAGR)
- Revenue 5Y
- 11.00%
- EPS 5Y
- -10.00%
- Revenue 3Y
- -2.00%
- EPS 3Y
- -34.00%
Balance Sheet
- Debt/Equity
- 1.34
- Interest Coverage
- 2.14×
- Altman Z
- 3.04
- Book Value
- 122.00
Cash Flow
- FCF Yield
- 8.93%
- FCF Positive Y
- 11/5
- OCF
- 11.00 Cr
- EPS TTM
- 8.81
Shareholding
- Promoter Hold
- 61.21%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 30%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 262+6.9% vs prev
Net Profit
₹ CrLatest: 3.0+0.0% vs prev
Return on Equity
%Latest: 4.6-4.5% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 25. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~5.7% over last month) — short-term momentum negative.
- RSI(14) at 25 — oversold zone; bounce conditions.
- MACD below signal but histogram contracting — bearish momentum easing.
- 28% off 52W high · 11% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
36
RS percentile
Stage 1 Base / Transition
1M return
-10.2%
3M return
-9.0%
6M return
-11.1%
1Y return
-23.8%
RS 1D
0
RS 20D
-7
Sector rank
#4
Industry rank
#18
Stage evidence
- Price is 8.0% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed -0.9% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 78.84-0.73%
RS vs Nifty 50079
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation12/30
Growth4/25
Quality0/20
Balance Sheet8/15
Cash Flow8/10
Piotroski
4/9 (+1)
Penalties
-8
Raw sum
25
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
25/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 8.9%.
- Cash flow contributes 8/10 to the score.
- Balance sheet contributes 8/15 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Fair-value margin of safety is negative at -311.0%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
16.5
PB
1.2
EV/EBITDA
9.2
ROE
5.0%
ROCE
7.9%
FCF Yield
8.9%
Debt/Equity
1.3
MoS
-311.0%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Debt/equity is 1.3, so downturn resilience matters.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
25
Previous: 25
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-311.0%
Previous: -311.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
24
24
24
24
24
24
25
25
25
25
25
25
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹155.51
+10.8% MoS
Growth-justified P/E
3.8
Growth-justified Value
₹33.74
-311.0% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
VIDYAWIRES
Small
Vidya Wires Limited
Metals
match 74
44
31.0
17.7%
+15%
WATCHLIST
GEEKAYWIRE
Small
Geekay Wires Limited
Metals
match 72
69
10.6
19.0%
+70%
UNDERVALUED
GOYALALUM
Small
Goyal Aluminiums Limited
Metals
match 68
36
17.4
12.9%
+49%
WATCHLIST
DELTAMAGNT
Small
Delta Manufacturing Limited
Metals
match 62
9
—
-12.5%
—
OVERVALUED
OWAIS
SME
Owais Metal and Mineral Processing Ltd.
Metals
match 52
18
81.8
1.5%
-17249%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Hisar Metal Industries Limited operates in Steel Wires, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
73Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 72nd percentile of the scored universe and 66th percentile within Metals. Main check: financial discipline is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
5 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
72nd percentile
overall median 67 · Metals: 66th pctile, median 70 · Small: 75th pctile, median 66
Evidence depth
Financial-only
5 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
40
weak · capital discipline
Results
90
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 61.2%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 8%.
- ▸11 years of positive FCF.
Trust risks
- ▸Debt/equity is 1.34.
- ▸ROCE is low at 7.9%.
- ▸ROE is low at 5%.
- ▸4 older quarters in the 8-quarter window had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Hisar Metal Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.