--- title: "Hira Ferro Alloys (HIRAFERRO) Financials & Shareholding" symbol: "HIRAFERRO" company: "Hira Ferro Alloys Ltd" canonical: "https://tapetide.com/stocks/HIRAFERRO" nse_symbol: "HIRAFERRO" generated_at: "2026-11-05T01:45:20.261Z" --- # Hira Ferro Alloys (HIRAFERRO) Canonical page: https://tapetide.com/stocks/HIRAFERRO ## Key Facts - **Revenue, Jun 2014 quarter:** ₹52 Cr, against ₹62 Cr in Jun 2013 - **Net profit, Jun 2014 quarter:** ₹28 Cr, against ₹1 Cr in Jun 2013 ## Company - **NSE symbol:** HIRAFERRO - **In the F&O segment:** No ## Key Insights ### Strengths - Stock is trading at 0.08 times its book value ### Weaknesses - Though the company is reporting repeated profits, it is not paying out dividend ## Growth Rate Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure. | Metric | Window | Growth | What it compares | | --- | --- | ---: | --- | | Revenue | 10Y | 13.02% | compounded annual rate, Mar 2015 to Mar 2025 | | Revenue | 5Y | 14.53% | compounded annual rate, Mar 2020 to Mar 2025 | | Revenue | 3Y | Irregular period | compounded annual rate, Mar 2022 to Mar 2025. A period in this window is not a full year or quarter, or the year-end changed, so the periods do not compare. | | Revenue | 1Y | 71.97% | fiscal year to Mar 2025 vs the year to Mar 2024 | | Net profit | 10Y | 9.96% | compounded annual rate, Mar 2015 to Mar 2025 | | Net profit | 5Y | 50.61% | compounded annual rate, Mar 2020 to Mar 2025 | | Net profit | 3Y | Irregular period | compounded annual rate, Mar 2022 to Mar 2025. A period in this window is not a full year or quarter, or the year-end changed, so the periods do not compare. | | Net profit | 1Y | 288% | fiscal year to Mar 2025 vs the year to Mar 2024 | | Operating cash flow | 10Y | Turned positive | compounded annual rate, Mar 2015 to Mar 2025: -₹12.00 Cr to ₹55.00 Cr. A cash outflow at the start and an inflow at the end. | | Operating cash flow | 5Y | 26.47% | compounded annual rate, Mar 2020 to Mar 2025 | | Operating cash flow | 3Y | Irregular period | compounded annual rate, Mar 2022 to Mar 2025. A period in this window is not a full year or quarter, or the year-end changed, so the periods do not compare. | | Operating cash flow | 1Y | 511% | fiscal year to Mar 2025 vs the year to Mar 2024 | | Operating margin | 10Y | +15.26 pp | compounded annual rate, Mar 2015 to Mar 2025 | | Operating margin | 5Y | +6.62 pp | compounded annual rate, Mar 2020 to Mar 2025 | | Operating margin | 3Y | Irregular period | compounded annual rate, Mar 2022 to Mar 2025. A period in this window is not a full year or quarter, or the year-end changed, so the periods do not compare. | | Operating margin | 1Y | +5.48 pp | fiscal year to Mar 2025 vs the year to Mar 2024 | Trailing twelve months: The latest quarterly results are more than a year old. ## Financial Statements ### Quarterly Results Results for the period ended Sep 2014 were due by 14 Nov 2014 and are not in this table yet. Figures in ₹ crore unless the row name gives another unit. | Item | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Sales | 34 | 50 | 63 | 130 | 99 | 106 | 126 | 112 | 62 | 54 | 46 | 51 | 52 | | Expenses | 29 | 45 | 59 | 124 | 95 | 102 | 122 | 108 | 57 | 48 | 42 | 47 | 48 | | Operating Profit | 4 | 4 | 4 | 6 | 4 | 4 | 4 | 4 | 5 | 7 | 4 | 4 | 4 | | OPM % | 13% | 9% | 6% | 4.5% | 4.5% | 3.9% | 3.5% | 4% | 8% | 12% | 9% | 8% | 8% | | Other Income | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 36 | | Interest | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | | Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | | Profit before tax | 1 | 1 | -1 | 3 | 0 | 1 | 0 | 0 | 1 | 2 | 1 | 0 | 36 | | Tax % | -63% | -97% | -59% | 44% | -102% | -54% | -69% | -145% | 34% | 58% | -45% | -177% | 23% | | Net Profit | 2 | 2 | 0 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 28 | | EPS in Rs | 5.36 | 0.8 | -0.2 | 0.8 | 0.41 | 0.65 | 0.41 | 0.47 | 0.45 | 0.45 | 0.41 | 0.44 | 14.34 | ### Profit & Loss Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2024 | Mar 2025 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Sales | 148 | 276 | 444 | 212 | 175 | 186 | 185 | 248 | 267 | 302 | 346 | 595 | | Expenses | 112 | 257 | 425 | 193 | 181 | 180 | 174 | 233 | 254 | 288 | 326 | 529 | | Operating Profit | 36 | 19 | 19 | 20 | -7 | 6 | 12 | 16 | 13 | 14 | 20 | 67 | | OPM % | 24% | 7% | 4.2% | 9% | -4% | 3.3% | 6% | 6% | 4.8% | 4.7% | 6% | 11% | | Other Income | 8 | 4 | 4 | 1 | 41 | 2 | 7 | 4 | 1 | 2 | 19 | 10 | | Interest | 8 | 11 | 12 | 8 | 9 | 6 | 6 | 6 | 6 | 5 | 15 | 18 | | Depreciation | 6 | 7 | 9 | 9 | 10 | 8 | 6 | 5 | 6 | 6 | 12 | 16 | | Profit before tax | 30 | 4 | 2 | 4 | 15 | -6 | 6 | 8 | 2 | 4 | 11 | 42 | | Tax % | 6% | -25% | -83% | 37% | 22% | -62% | 50% | 27% | -77% | 10% | 28% | 27% | | Net Profit | 29 | 5 | 4 | 3 | 12 | -2 | 3 | 6 | 4 | 4 | 8 | 31 | | EPS in Rs | 73.21 | 2.47 | 1.96 | 1.38 | 5.96 | -1.21 | 1.5 | 2.94 | 1.92 | 1.96 | 4.19 | 15.71 | | Dividend Payout % | 4% | 24% | 31% | 43% | 10% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | ### Balance Sheet Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2024 | Mar 2025 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Equity Capital | 4 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 23 | 23 | | Reserves | 120 | 108 | 110 | 112 | 122 | 104 | 106 | 150 | 130 | 119 | 683 | 743 | | Borrowings | 66 | 88 | 78 | 76 | 63 | 43 | 50 | 48 | 42 | 34 | 171 | 143 | | Other Liabilities | 28 | 56 | 50 | 41 | 35 | 49 | 48 | 70 | 68 | 91 | 141 | 204 | | Total Liabilities | 219 | 272 | 258 | 248 | 240 | 215 | 224 | 287 | 260 | 264 | 1,018 | 1,113 | | Fixed Assets | 97 | 129 | 125 | 117 | 111 | 105 | 100 | 100 | 106 | 104 | 350 | 350 | | CWIP | 2 | 2 | 1 | 1 | 0 | 0 | 2 | 5 | 0 | 0 | 9 | 13 | | Investments | 13 | 13 | 13 | 13 | 23 | 41 | 38 | 77 | 53 | 39 | 392 | 430 | | Other Assets | 107 | 128 | 120 | 118 | 106 | 70 | 84 | 105 | 101 | 121 | 268 | 320 | | Total Assets | 219 | 272 | 258 | 248 | 240 | 215 | 224 | 287 | 260 | 264 | 1,018 | 1,113 | ### Cash Flow Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2024 | Mar 2025 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Cash from Operating Activity | -1 | 32 | 34 | -5 | -12 | 47 | -1 | 11 | 17 | 17 | 9 | 55 | | Cash from Investing Activity | 8 | -44 | 7 | 0 | 28 | -19 | 3 | -6 | -5 | -4 | 14 | -19 | | Cash from Financing Activity | -8 | 14 | -22 | -14 | -18 | -28 | 1 | -8 | -12 | -14 | -133 | -36 | | Net Cash Flow | 0 | 2 | 19 | -19 | -1 | 0 | 3 | -3 | 0 | 0 | -110 | 0 | | Free Cash Flow | -3 | -8 | 31 | -6 | -14 | 46 | -5 | 3 | 10 | 13 | -10 | 26 | | CFO/OP | 14 | 175 | 182 | -23 | 94 | 771 | -3 | 80 | 138 | 126 | 45 | 84 | ### Ratios | Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2024 | Mar 2025 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Debtor Days | 28 | 41 | 19 | 25 | 29 | 23 | 32 | 23 | 11 | 36 | 28 | 28 | | Inventory Days | 186 | 75 | 30 | 132 | 94 | 75 | 74 | 98 | 112 | 101 | 248 | 146 | | Days Payable | 94 | 70 | 37 | 53 | 39 | 67 | 66 | 93 | 93 | 80 | 108 | 63 | | Cash Conversion Cycle | 120 | 46 | 12 | 104 | 84 | 30 | 39 | 27 | 29 | 58 | 168 | 111 | | Working Capital Days | 171 | 83 | 37 | 124 | 147 | 33 | 64 | 46 | 37 | 31 | 123 | 90 | | ROCE % | 18% | 7% | 6% | 6% | -7% | 0% | 7% | 6% | 4% | 5% | — | 7% | ## Documents ### Annual reports | Year | Report | | --- | --- | | FY2013 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport//5332560313.pdf) | | FY2012 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport//5332560312.PDF) | | FY2011 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport//5332560311.pdf) | ### Credit ratings | Date | Document | | --- | --- | | 26 May 2026 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/HiraFerroAlloysLimited_May%2026_%202026_RR_396046.html) | | 17 Feb 2026 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/HiraFerroAlloysLimited_February%2017_%202026_RR_384764.html) | | 7 Jan 2025 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/HiraFerroAlloysLimited_January%2007_%202025_RR_359899.html) | | 18 Dec 2024 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/HiraFerroAlloysLimited_December%2018_%202024_RR_357522.html) | | 20 Sep 2023 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/HiraFerroAlloysLimited_September%2020,%202023_RR_325488.html) | | 13 Dec 2022 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/HiraFerroAlloysLimited_December%2013,%202022_RR_302495.html) | | 14 Apr 2022 | [Credit rating update — India Ratings](https://www.indiaratings.co.in/pressrelease/58108) | ## Frequently Asked Questions about Hira Ferro Alloys ### What does Hira Ferro Alloys Ltd do? Hira Ferro Alloys is mainly engaged in generation of electricity and manufacturing of Ferro Alloys. ### Where is Hira Ferro Alloys Ltd (HIRAFERRO) listed? Hira Ferro Alloys Ltd trades as HIRAFERRO on the NSE. ## Company Information Hira Ferro Alloys is mainly engaged in generation of electricity and manufacturing of Ferro Alloys. - **Face Value:** ₹10 --- Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time. Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text. For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser. Generated 5 Nov 2026, 07:15 IST.