Hisar Metal Industries was set up at Hisar, Haryana in the year 1991 to produce high pecision, utra thin stainless steel strips. Hisar is popularly known as the ‘Stainless Steel City of India.

Over the years, Hisar Metal has achieved phenomenal growth. Utilising state-of-the-art-technology and high precision imported machinery, they are able to manufacture ultra thin (upto 0.05mm) high precision stainless steel strips with dimensional accuracy, excellent flatness and smooth surface finish.

Stainless steel, since its first cast in the year 1913, has come a long way. Today, stainless steel is widely used not only by the heavy industries but also by small and medium industries that manufacture our day to day utility products. The demand base of the Indian stainless steel industry is second to textile industry in terms of sheer magnitude. No doubt stainless steel is called - the versatile metal, because of its numerous applications and extra ordinary properties.

Backed by a dedicated, skilled technical workforce and a flair to excel in providing services made it possible for Hisar Metal to stand out as one of the leading suppliers of high quality stainless steel strips to the domestic as well as overseas markets.

The company has its own captive power supply to sustain internal consumption. Recently installed 6.5 MW gensets cater to their needs in excess to their requirement supply of power all the time.

Ever since their inception, they have been keen on increasing their presence in newer markets. Their efforts have paid good dividends and today their products are exported to Australia, USA, China, Pakistan, Bangladesh, Korea and Germany.

To cater to the increasing demand from these countries and in order to increase their basket in future, they have successfully commissioned the latest 6hi mill and BA line.

Products manuffactured by the company:

High precision, ultra thin stainless steel strips for the use in Automotive Parts, Camera, Clamps, Engine Gasket, Fiber Optics, Metal Hose, etc.

Achievements/ recognition:

It is an ISO 9001 certified company.

Market Cap	110 Cr	ROE	22.3%
P/E Ratio(TTM)	15.0	EPS(TTM)	0.0
P/B Ratio	1.9	Dividend Yield	0.5%
Industry P/E	19.4	Book Value	107.6
		Face Value	10.0

Fundamentals