Hariyana Ship Breakers
- P/E
- 13.64
Key Fundamentals
MicrocapIndustrial ManufacturingCapital GoodsPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 8.42%
- Debt to Equity
- 0.03
- EPS (TTM)
- ₹6.68
- Book Value
- ₹238.69
- Market Cap
- —
- P/E (TTM)
- 13.64
- P/B
- 0.38
- ROE
- 3.99%
- Dividend Yield
- 0.00%
- EBITDA
- ₹14.90 Cr
- 52W High
- ₹125.00
- 52W Low
- ₹82.25
- Day Range
- ₹90.96 – ₹92.00
- Volume
- 1,311
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 46
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 51
- Average
- Cheap vs sector & own history 24% weight
- Growth
- 99
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 60
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 40
- Weak
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.40 times its book value
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -52.8% over past five years.
- Company has a low return on equity of 2.44% over last 3 years.
- Contingent liabilities of Rs.141 Cr.
- Earnings include an other income of Rs.8.73 Cr.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 11 | 6 | 2 |
| Oscillators | Bullish | 1 | 6 | 2 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bullish
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 45.64
- Neutral
- MACD (12,26,9)
- −1.37
- Bullish
- SMA (50)
- 96.50
- Bearish
- SMA (200)
- 101.03
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −37.23% |
|---|---|
| 5Y | −52.81% |
| 3Y | −59.96% |
| 1Y | Tiny base |
| TTM | Zero base |
Net profit
| 10Y | −25.53% |
|---|---|
| 5Y | −47.61% |
| 3Y | −54.64% |
| 1Y | −75.63% |
| TTM | +100.98% |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Turned negative |
| 3Y | Outflow narrowed by ₹46.85 Cr |
| 1Y | Outflow narrowed by ₹0.03 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +32.27 pp |
|---|---|
| 5Y | +28.30 pp |
| 3Y | +28.98 pp |
| 1Y | +935.02 pp |
| TTM | No sales |
Revenue by year
| Mar 2017 | ₹275 Cr |
|---|---|
| Mar 2018 | ₹156 Cr |
| Mar 2019 | ₹377 Cr |
| Mar 2020 | ₹127 Cr |
| Mar 2021 | ₹148 Cr |
| Mar 2022 | ₹168 Cr |
| Mar 2023 | ₹54.05 Cr |
| Mar 2024 | ₹149 Cr |
| Mar 2025 | ₹0.21 Cr |
| Mar 2026 | ₹3.47 Cr |
Net profit by year
| Mar 2017 | ₹9.37 Cr |
|---|---|
| Mar 2018 | ₹9.81 Cr |
| Mar 2019 | ₹8.14 Cr |
| Mar 2020 | −₹6.85 Cr |
| Mar 2021 | ₹9.88 Cr |
| Mar 2022 | ₹2.01 Cr |
| Mar 2023 | ₹4.18 Cr |
| Mar 2024 | ₹3.23 Cr |
| Mar 2025 | ₹1.60 Cr |
| Mar 2026 | ₹0.39 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 56.46 | 90.84 | 0.61 | 0.72 | 0.22 | 0 | 0 | 0 | 0 | 1.3 | 2.2 | 0 | 0 |
| Expenses | 61.77 | 88.69 | −0.04 | 1.44 | 0.55 | 0.47 | 0.57 | 0.52 | 0.39 | 0.28 | 0.4 | 1.37 | 0.4 |
| Operating Profit | −5.31 | 2.15 | 0.65 | −0.72 | −0.33 | −0.47 | −0.57 | −0.52 | −0.39 | 1.02 | 1.8 | −1.37 | −0.4 |
| OPM % | −9.4% | 2.37% | 106.56% | −100% | −150% | — | — | — | — | 78.46% | 81.82% | — | — |
| Other Income | 2.98 | 4.34 | 1.74 | 1.77 | 2.08 | 2.06 | 2.04 | 1.99 | 2.17 | 2.69 | 7.3 | −6.78 | 5.52 |
| Interest | 0.77 | 0.05 | 1 | 0.66 | 1.11 | 0.6 | 0.56 | 0.52 | 0.54 | 0.62 | 0.45 | 0.88 | 0.01 |
| Depreciation | 0.3 | 0.3 | 0.29 | 0.28 | 0.28 | 0.28 | 0.28 | 0.27 | 0.28 | 0.28 | 0.28 | 0.27 | 0.16 |
| PBT | −3.4 | 6.14 | 1.1 | 0.11 | 0.36 | 0.71 | 0.63 | 0.68 | 0.96 | 2.81 | 8.37 | −9.3 | 4.95 |
| Tax % | 2.06% | 3.58% | 33.64% | 63.64% | 36.11% | 30.99% | 31.75% | 32.35% | 29.17% | 20.28% | 18.52% | 0.65% | 10.91% |
| Net Profit | −3.47 | 5.92 | 0.74 | 0.04 | 0.23 | 0.49 | 0.42 | 0.46 | 0.68 | 2.25 | 6.82 | −9.36 | 4.41 |
| EPS (₹) | −5.63 | 9.6 | 1.2 | 0.06 | 0.37 | 0.79 | 0.68 | 0.75 | 1.1 | 3.65 | 11.06 | −15.18 | 7.15 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 231 | 365 | 275 | 156 | 377 | 127 | 148 | 168 | 54.05 | 149 | 0.21 | 3.47 | 3.5 |
| Expenses | 244 | 373 | 286 | 162 | 387 | 143 | 145 | 170 | 53.36 | 152 | 2.11 | 2.42 | 2.45 |
| Operating Profit | −12.23 | −7.33 | −11.05 | −6.27 | −9.76 | −16.12 | 2.91 | −1.35 | 0.69 | −3.22 | −1.9 | 1.05 | 1.05 |
| OPM % | −5.29% | −2.01% | −4.01% | −4.02% | −2.59% | −12.74% | 1.96% | −0.8% | 1.28% | −2.17% | −904.76% | 30.26% | 30% |
| Other Income | 32.89 | 24.47 | 29.66 | 20.88 | 20.8 | 11.51 | 15.03 | 8.11 | 7.99 | 10.82 | 8.18 | 5.38 | 8.73 |
| Interest | 3.82 | 7.19 | 7.87 | 3.91 | 0.78 | 1.31 | 1.77 | 1.58 | 2.21 | 2.48 | 2.79 | 2.48 | 1.96 |
| Depreciation | 2.49 | 2.09 | 2.02 | 0.45 | 0.5 | 0.56 | 0.69 | 0.87 | 0.81 | 1.17 | 1.11 | 1.09 | 0.99 |
| PBT | 14.35 | 7.86 | 8.72 | 10.25 | 9.76 | −6.48 | 15.48 | 4.31 | 5.66 | 3.95 | 2.38 | 2.86 | 6.83 |
| Tax % | 1.39% | 5.47% | −7.45% | 4.29% | 16.6% | 5.4% | 36.24% | 53.36% | 26.33% | 18.48% | 32.77% | 86.01% | — |
| Net Profit | 14.14 | 7.43 | 9.37 | 9.81 | 8.14 | −6.85 | 9.88 | 2.01 | 4.18 | 3.23 | 1.6 | 0.39 | 4.12 |
| EPS (₹) | 22.93 | 12.05 | 15.19 | 15.91 | 13.2 | −11.11 | 16.02 | 3.26 | 6.78 | 5.24 | 2.59 | 0.63 | 6.68 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.17 | 6.17 | 6.17 | 6.17 | 6.17 | 6.17 | 6.17 | 6.17 | 6.17 | 6.17 | 6.17 | 6.17 |
| Reserves | 92 | 99.36 | 109 | 118 | 127 | 120 | 130 | 132 | 136 | 139 | 141 | 141 |
| Borrowings | 5.97 | 6.75 | 8.53 | 3.43 | 6.47 | 7.15 | 0.65 | 3.71 | 23.1 | 14.91 | 15.9 | 4.38 |
| Other Liabilities | 118 | 140 | 96.03 | 341 | 126 | 31.94 | 134 | 53.85 | 98.08 | 3.17 | 3.25 | 3.79 |
| Total Liabilities | 222 | 252 | 219 | 469 | 265 | 165 | 271 | 195 | 263 | 163 | 166 | 155 |
| Fixed Assets | 17.35 | 15.15 | 8.53 | 8.61 | 8.95 | 10.96 | 12.47 | 12.14 | 11.29 | 11.7 | 10.59 | 9.27 |
| CWIP | 0 | 0 | 0.11 | 0.09 | 0.7 | 1.55 | 1.75 | 2.08 | 2.08 | 0 | 0 | 0 |
| Investments | 30.89 | 76.99 | 69.47 | 107 | 131 | 122 | 114 | 117 | 124 | 134 | 138 | 141 |
| Other Assets | 174 | 160 | 141 | 353 | 124 | 30.54 | 142 | 64.56 | 126 | 17.98 | 17.79 | 5.63 |
| Total Assets | 222 | 252 | 219 | 469 | 265 | 165 | 271 | 195 | 263 | 163 | 166 | 155 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 112 | 49.74 | −46.74 | 1.85 | −42.39 | −13.94 | 33.84 | −2.73 | −48.38 | 0.16 | −1.56 | −1.53 |
| Investing | −13.35 | −47.2 | 52.19 | 51.3 | −3.81 | 14.4 | 16.3 | 0.09 | 0.7 | 0.64 | 3.22 | 15.47 |
| Financing | −96.7 | −6.4 | −6.1 | −9 | −0.78 | −1.31 | −1.23 | 1.47 | 7.68 | −10.09 | −4.55 | −2.03 |
| Net Cash Flow | 2 | −3.85 | −0.65 | 44.15 | −46.98 | −0.85 | 48.91 | −1.17 | −40 | −9.29 | −2.88 | 11.91 |
| Free Cash Flow | 116 | 49.78 | −42.25 | 1.34 | −43.85 | −17.36 | 31.44 | −3.6 | −48.34 | 0.92 | −1.56 | −1.31 |
| CFO/OP | −916 | −679 | 413 | −38 | 418 | 86 | 1,352 | 27 | −6,652 | −57 | 46 | 45 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60.7 | 34.68 | 29.81 | 0.4 | 0.09 | 2.57 | 4.06 | 0.89 | 4.73 | 0 | 0 | 0 |
| Inventory Days | 17.33 | 3.8 | 24.28 | 662 | 92.66 | 32.58 | 206 | 16.72 | 624 | 4.37 | — | 409 |
| Days Payable | 180 | 142 | 118 | 755 | 82.72 | 67.85 | 290 | 112 | 687 | 0 | — | 0 |
| Cash Conversion Cycle | −102 | −104 | −63.85 | −93.1 | 10.02 | −32.7 | −79.69 | −94.4 | −58.64 | 4.37 | 0 | 409 |
| Working Capital Days | 83.15 | 20.41 | 57.3 | −83.97 | −8.21 | −27.09 | −85.36 | −99.87 | −120 | −32.27 | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | −319 |
| ROCE % | 8.05% | 11.1% | 16.21% | 9.48% | 6.11% | −3.8% | 12.8% | 4.24% | 5.13% | 3.92% | 3.2% | 8.42% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Hariyana Ship Breakers insights
62 extracted metrics across FY11–FY27.
Documents
- Concall · Mar 2026Transcript
- 19 Mar 2026
- 25 Sep 2025
- 19 Dec 2024
- 16 Jul 2024
- 21 Sep 2023
- General announcements 12 Oct 2026
Frequently Asked Questions about Hariyana Ship Breakers
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Company Information
Incorporated in 1981, Hariyana Ship Breakers Ltd is in the business of ship breaking, trading and investment activities
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