1. India Stocks

  2. •

    Industrials

  3. •

    Industrial - Distribution
Hariyana Ship Breakers Limited

Hariyana Ship Breakers Limited

HRYNSHP.BO
Hariyana Ship Breakers LimitedIN flagBombay Stock Exchange
112.35
INR
+6.35
- -
692.83MMarket Cap
Hariyana Ship Breakers Limited
HRYNSHP.BO
(Bombay Stock Exchange)

Recent

price

112.35

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
542.81
946.44
1,645.28
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
Revenue per Share
16.08
16.81
26.64
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
Basic EPS, GAAP
11.47
29.33
-23.27
-171.65
181.1
80.5
-77.3
18.39
-60.5
-38.93
46.37
-14.4
-78.22
2.6
-3.47
- -
- -
Free Cash Flow per Basic Share
2.92
3.49
4.07
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
51.64
63.18
83.09
104.47
127.41
141.52
156.81
172.64
185.71
174.07
189.62
192.64
199.3
204.54
206.98
- -
10
Book Value per Share
79.43
92.62
115.06
136.34
159.18
171.7
187.84
203.75
216.88
205.17
220.73
223.59
229.94
235.1
237.7
- -
238.58
Tangible Book Value per Share
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
- -
6
Basic Weighted Avg Shares
3,347
5,836
10,146
4,691
2,363
3,657
2,759
1,670
3,903
1,278
1,485
1,686
541
1,486
2
35
35
Sales/Revenue/Turnover
4.97
1.29
2.13
6.08
-2.84
2.7
-4.4
1.73
0.33
-11.02
1.51
2.44
0.51
-2.82
-1,079.51
-1.28
-1.29
Operating Margin (%)
18
18
18
18
25
21
22
6
7
7
7
9
8
12
11
11
11
Depreciation Expense
99
104
164
132
141
74
94
98
81
-72
96
18
41
32
16
4
4
Net Income, GAAP
30.84
31.94
27.53
15.16
1.44
- -
- -
26.1
32.99
- -
36.5
54.84
26.7
18.49
26.28
- -
67.49
Effective Tax Rate (%)
2.96
1.78
1.62
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
11.27
Profit Margin (%)
-426
167
296
555
577
209
438
88
-69
-89
72
-48
-72
-123
-138
-22
-22
Working Capital
42
46
51
55
60
65
70
- -
- -
- -
5
4
2
1
- -
- -
- -
LT Debt
490
571
710
841
982
1,059
1,158
1,257
1,338
1,265
1,361
1,379
1,418
1,450
1,467
1,471
1,471
Total Equity
20.68
8.22
12.52
10.09
-3.31
- -
- -
1.68
0.64
- -
1.03
1.28
0.13
-2.08
-1.1
- -
-0.53
Return on Invested Capital (%)
23.9
23.23
15.49
5.99
9.61
- -
- -
10.67
7.11
- -
8.81
1.79
3.76
3.03
2.57
- -
25.3
Return on Capital (%)
32.22
29.28
36.42
22.81
19.78
8.96
10.24
9.67
7.31
-6.52
8.56
1.56
3.4
2.59
1.26
0.59
0.59
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
157
- -
44
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
- -
6
Market Capitalization
724
665
526

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
31
- -
39
Cash, Cash Equivalents & STI
10
- -
8
Accounts Receivable, Net
- -
- -
- -
Inventories
17
- -
9
Total Current Liabilities
169
- -
62
Payables & Accruals
- -
- -
- -
ST Debt
157
- -
44
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
565
908
6
7
1,486
2025
2
- -
- -
- -
2
2026
- -
13
22
- -
35

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-5.63
9.6
1.19
- -
5.23
2025
0.38
0.8
0.69
0.74
2.6
2026
1.11
3.64
11.06
-15.17
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Reetech International Cargo & Courier Ltd. (REETECH.BO)
KHD Humboldt Wedag International AG (KHDHF)
Amanaya Ventures Ltd. (AMANAYA.BO)
Hunan Heshun Petroleum Co.,Ltd. (603353.SS)
Amit International Limited (AMITINT.BO)
City Crops Agro Ltd. (CCAL.BO)
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.