Hariyana Ship Breakers Ltd.

Hariyana Ship Breakers Ltd.

87.97
INR
-8.14
(-8.47%)
6.69EPS
15.31P/E
630.85MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
760.71
383.25
593.02
447.47
270.81
632.92
207.27
240.87
273.39
87.68
241.02
0.36
5.67
5.67
Basic EPS, GAAP
21.39
22.94
12.04
15.28
15.93
13.09
-11.73
15.56
2.99
6.66
5.23
2.6
0.64
6.68
Free Cash Flow per Basic Share
-171.65
181.1
80.5
-77.3
18.39
-60.5
-38.93
46.37
-14.4
-78.22
2.6
-3.47
5.16
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
136.36
159.19
172.46
187.76
203.6
216.66
205.02
220.56
223.6
230.24
235.37
238.16
238.81
- -
Tangible Book Value per Share
136.35
159.18
172.46
187.76
203.59
216.66
205
220.56
223.6
230.24
235.37
238.16
238.81
- -
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
4,691
2,363
3,657
2,759
1,670
3,903
1,278
1,485
1,686
541
1,486
2
35
35
Operating Margin (%)
6.08
-2.84
2.7
-4.4
1.73
0.33
-11.02
1.51
2.44
0.51
-2.82
-1,079.47
-1.28
-2.42
Depreciation Expense
18
25
21
22
6
7
7
7
9
8
12
11
11
10
Net Income, GAAP
132
141
74
94
98
81
-72
96
18
41
32
16
4
41
Effective Tax Rate (%)
15.16
1.44
- -
- -
26.1
32.99
- -
36.5
54.84
26.7
18.49
26.28
- -
- -
Profit Margin (%)
2.81
5.98
2.03
3.41
5.88
2.07
-5.66
6.46
1.09
7.59
2.17
714.74
11.26
117.91
Working Capital
555
577
209
438
88
-69
-89
72
-48
-72
-123
-139
-22
- -
LT Debt
55
60
65
70
- -
- -
- -
5
4
2
1
- -
- -
- -
Total Equity
841
982
1,059
1,158
1,257
1,338
1,265
1,361
1,379
1,418
1,450
1,467
1,471
- -
Return on Invested Capital (%)
10.09
-4.15
- -
- -
-2.07
-2.15
- -
0.97
1.23
0.13
-2.03
-1.1
- -
- -
Return on Capital (%)
5.5
8.66
- -
- -
9.07
6.1
- -
7.57
1.54
3.29
2.68
1.96
- -
- -
Return on Common Equity (%)
17.01
15.52
7.26
8.48
8.14
6.23
-5.57
7.31
1.34
2.93
2.25
1.1
0.27
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
44
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
665
526
631

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
39
- -
Cash, Cash Equivalents & STI
- -
8
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
9
- -
Total Current Liabilities
- -
62
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
44
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.43%
1.57%
0.27%
Free Cash Flow
-127.71%
-54.72%
-248.6%
Net Income, GAAP
-51.39%
-21.01%
-75.46%
Sales/Revenue/Turnover
149.65%
295.58%
1,457.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2
- -
- -
- -
2
2026
- -
13
22
- -
35
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.38
0.8
0.69
0.74
2.6
2026
1.11
3.64
11.06
-15.17
0.64
2027
7.15
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Rakesh Shantisarup Reniwal
Full Time Employees
8
Sector
Distribution services
Industry
Wholesale distributors
Address
156, Maker Chambers VI Mumbai MA India 400021
IPO Date
Feb 15, 1995
Business
Hariyana Ship Breakers Limited engages primarily in ship breaking, steel trading, and investment activities as part of the Hariyana Group. Incorporated in 1981 and headquartered in Mumbai, India, the company operates ship recycling yards at Alang-Sosiya in Gujarat, Asia's largest ship breaking hub; it dismantles decommissioned vessels to recover re-rollable steel scrap, sponge iron, and other ferrous and non-ferrous materials, while trading hot-rolled coils, plates, and related steel products domestically and internationally. The group also pursues steel manufacturing, industrial gases, and real estate development through affiliates including Hariyana Ship Demolition Private Limited and Inducto Steel Limited. In recent developments, the company reported consolidated net profit surging 359% to Rs 2.25 crore in the September 2025 quarter on sales of Rs 1.30 crore, reflecting improved operational performance amid volatile ship recycling volumes. Fiscal 2025 total revenue declined sharply to Rs 8.40 crore from Rs 159.45 crore in fiscal 2024, driven by reduced ship dismantling activity and market challenges in steel scrap pricing. It maintains ISO certifications for ship recycling standards and focuses on green practices at its Alang plots, though no major acquisitions, partnerships, or funding rounds were announced in 2024-2025.