Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Hariyana Ship Breakers Limited

NSE: HRYNSHPShip Building & Allied Services

Share price

₹92.61

-3.53% close of 9 Oct 2026

Market cap ₹57 CrP/E 3.4

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

50

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹57 Cr

P/E ratio

3.4

P/B ratio

0.4

ROCE

8.4%

ROE

4.1%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹116.9552-week low ₹85.25

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Jun 2024 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2024 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

For most of its recorded history its earnings were a fraction of today's, so its past price multiples are not a fair comparison.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 13%.

Profit growthPrice per ₹1 profitPer 1% growth
Hariyana Ship Breakers Limited — this one13%/yr3.4×₹0.26
Ram Ratna Wires Limited35%/yr42.6×₹1.2
Universal Cables Limited11%/yr26.6×₹2.4
Praj Industries Limited-56%/yr105.7×—
Shakti Pumps (India) Limited120%/yr24.2×—
Vikram Solar Limited214%/yr14.3×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies across the whole Capital Goods sector, it ranks 317 of 411 on returns, 389 of 390 on growth, 18 of 410 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 8.4% on capital, ahead of 23% of companies across its whole sector. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹54 crore of cash before any plant spend. And the profit is not backed by cash: it reported a profit over 10 years and consumed cash from the business. Its cash comes back faster than it used to: it went from being paid 86.0 days before it paid its own suppliers to paid 314.9 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 8 checks clear · 63%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 12 Aug 2026 · Consolidated · Unaudited

Revenue

₹0 Cr

Net profit

₹4 Cr

Profit vs last year

+549.3%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹57 Cr
Prev close
₹92.61
52w High
₹125
52w Low
₹82.3
Enterprise value
₹61 Cr
Beta
1.1
Price CAGR 1y
-17.0%
Price CAGR 3y
4.0%
Price CAGR 5y
-2.0%
Price CAGR 10y
3.0%

Ratios

Return on assets
0.3%
PEG ratio
0.3
P/E ratio
3.4
P/B ratio
0.4
EV / EBITDA
77.8
Industry P/E
30.7
ROCE
8.4%
ROCE 5y average
4.9%
ROE
4.1%
Debt / Equity
0.0
Interest coverage
2.2
Dividend yield
0.0%
ROE 3y average
2.0%
ROE last year
4.0%

Annual P&L

Annual revenue
₹4 Cr
Annual profit
₹0 Cr
Operating margin
30.0%
Net profit margin
11.1%
EBITDA margin
30.0%
Sales growth 3y
-59.8%
Sales growth 5y
-52.7%
Profit growth 3y
13.0%
Profit growth 5y
-10.0%
EPS
₹0.6
Sales growth TTM
1567.0%
Profit growth TTM
740.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹0 Cr
Profit latest quarter
₹4 Cr
YoY quarterly sales growth
—
YoY quarterly profit growth
550.0%
OPM latest quarter
—

Balance Sheet

Book Value
₹239
Face Value
₹10.0
Total debt
₹4 Cr
Total cash
₹1 Cr
Borrowings
₹4 Cr
Reserves / Equity
22.9

Cash Flow

Operating cash flow
₹3 Cr
Free cash flow
₹3 Cr
FCF yield
1.6%
Net cash flow
₹12 Cr

Shareholding

Promoter holding
75.0%
FII holding
—
DII holding
—
Public holding
25.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Mazagon Dock2,076.9029.483,7780.88550.521.52,942.712.136.0
Cochin Shipyard1,285.0057.233,8060.70135.8-27.7909.9-6.914.5
Swan Defence2,635.0013,8820.00-41.7-35.430.67188.1-7.6
Laxmipati Engg471.002710.0024.2-30.443.664.321.8
Hariyana Ship96.903.5600.004.4550.00.08.4
Median1,680.9543.323,8440.3580.0-29.1476.738.218.2

Competes with: Cochin Shipyard Limited, Mazagon Dock Shipbuilders Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales56910.610.720.2200001.302.2000
Expenses62890.111.670.550.470.570.520.250.430.521.370.40
Material Cost0
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost0.07
Other Expenses0.33
Operating Profit-5.311.960.50-0.95-0.33-0.47-0.57-0.52-0.250.871.68-1.37-0.40
OPM %-9.402.1682-132-1506776
Other Income2.984.531.8922.082.062.041.992.172.847.42-112.36
Exceptional items (within Other Income)0
Interest0.770.0510.661.110.600.560.520.540.620.450.880.01
Depreciation0.300.300.290.280.280.280.280.270.280.280.280.270.16
Profit before tax-3.406.141.100.110.360.710.630.681.102.818.37-141.79
Tax %2.063.583473363133322520190.4426
Net Profit-3.475.920.740.040.230.490.420.460.682.256.82-9.364.42
EPS in Rs-5.639.601.200.060.370.790.680.751.103.6511-157.17

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales276167390128149169541490.213.503.50
Expenses287172399151149170531522.112.452.72
Operating Profit-11-4.83-8.86-23-0.15-1.560.72-3.22-1.901.050.78
OPM %-3.94-2.89-2.27-18-0.10-0.931.33-2.17-9053022
Other Income19111518188.117.91118.185.381.46
Interest7.913.910.791.311.771.582.222.482.792.481.96
Depreciation2.230.610.710.710.710.890.811.171.111.090.99
Profit before tax-2.311.584.78-7.02154.085.603.952.382.86-0.71
Tax %-2926332.99375527183386
Net Profit9.429.828.08-7.249.601.844.113.231.600.394.13
EPS in Rs151613-12162.986.665.242.590.636.70
Dividend Payout %0000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
-53%
3 years
-60%
TTM
1567%

Compounded profit growth

10 years
—
5 years
-10%
3 years
13%
TTM
740%

Stock price CAGR

10 years
3%
5 years
-2%
3 years
4%
1 year
-17%

Return on equity

10 years
3%
5 years
2%
3 years
2%
Last year
4%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6.176.176.176.176.176.176.176.176.176.17
Reserves110119127120130132136139141141
Borrowings8.533.436.477.150.663.702315164.38
Other Liabilities963411263213554982.993.093.63
Total Liabilities221470266166271195263163166155
Fixed Assets1111111213121112119.27
CWIP0.110.090.701.551.752.082.08000
Investments68105129121114116124133137140
Other Assets142354126311426512618185.65
Total Assets221470266166271195263163166155

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-4712-36-2131-8.01-481.63-2.143.18
Cash from Investing Activity5341-1021195.520.67-0.833.8011
Cash from Financing Activity-6.24-9-0.78-1.31-1.231.377.50-10-4.55-2.03
Net Cash Flow-0.5444-47-0.9049-1.12-40-9.29-2.8812
Free Cash Flow-4311-37-2429-8.35-482.39-2.143.40

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days300.370.082.684.051.194.73000
Inventory Days246279033206176244.37409
Days Payable118716806829011268700
Cash Conversion Cycle-64-889.73-33-80-94-594.370409
Working Capital Days57-78-7.09-27-86-100-120-32-25,428-315
ROCE %2.562.37-4.40134.075.103.933.218.43

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757575
Public252525252525252525252525
No. of Shareholders3,5453,5313,5784,4936,0545,7915,7656,2776,2076,2426,2746,108

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -18.0% (₹113.00 → ₹92.61)Brick size ₹4.62 (fixed)Bricks 18
₹100₹110₹92.61Jan '26Apr '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹92.61 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

3.58inr_cr

2026-03-31

News

News and filings about Hariyana Ship Breakers Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Ship Building & Allied Services
Classification
Capital Goods › Ship Building & Allied Services
ISIN
INE400G01011

News impact

Big market events that reach Hariyana Ship Breakers Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

No dividends, splits or big trades on record.

Documents

Annual reports, results presentations and earnings calls, straight from the source.

No documents on record yet.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.