Hira Ferro Alloys Share Price

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Hira Ferro Alloys Limited Unlisted Share Price | Live Update | Company Overview

Buy

₹ 175.00

Sell

₹ 260.00

Company Overview

Established in 1990, Hira Ferro Alloys Ltd (HFAL) is leading manufacturer of Ferro Alloys, Power, Briquette and Fly Ash Bricks with installed capacity of 61,500 TPA. The company also has 30 MW installed capacity of power and 20MW thermal power capacity. The managing director of the company is Mr NP Agrawal and the company has over 6000 employees and branches spread over India. The key subsidiary of the company is Spring Solar Power Pvt Ltd with 100% shareholding. The company has 20% equity stake in XtraTrust Digi Sign Pvt Ltd.

Hira Ferro Alloys share price has been a significant aspect of the company’s trajectory.

The company achieved total turnover of Rs 608 crores during FY 2022 against Rs 317 crores in the previous year. The net profit of the company remained at Rs 113 crores during the same period. During the FY 2021-22, HFAL also
generated 161996285 units of power in its Thermal Power Plant as compared to 158276400 units in FY 2020-21, 90458760 units of power in its Bio-mass Power Plant as compared to 81247560 units in FY 2020-21 and 2744343 units of power in its Wind Power as compared to 2924697 units in FY 2020-21.

The total shares outstanding of the company was 2,31,88,500 as on 31-March-2022 of the face value of Rs 10 each per share. The holding company of Hira Ferro Alloys Ltd is Godawari Power & Is pat Ltd with 75.67% equity stake.

The registered address of the company is located at PLOT NOS. 567 B, 568 &553 B, URLA INDUSTRIAL COMPLEX, RAIPUR – 493221 CHHATTISGARH.

SymbolHIRA FERRO ALLOYS LIMITED
Face Value (₹)10
ISIN:INE573I01011
Demat StatusNSDL
Lot Size:50

Board Of Directors:

The company has 7 directors and 2 reported key management personnel.

The longest serving director currently on board is Yarra Chandra Rao who was appointed on 26 April, 1999. Yarra Chandra Rao has been on the board for more than 23 years. The most recently appointed director is Dinesh Kumar Gandhi, who was appointed on 12 April, 2022.

Narayan Prasad Agrawal has the largest number of other directorships with a seat at a total of 28 companies. In total, the company is connected to 52 other companies through its directors.

NameDesgination
Dinesh Kumar GandhiDirector
Vinod PillaiDirector
Missbhavna Govind bhai DesaiDirector
Ajay DubeyDirector
Dilip Chauhan’KMP
Bhrigu Nath OjhaDirector
Mohit ChandeKMP
Narayan Prasad AgrawalDirector
Yarra Chandra RaoDirector

Key Business Highlights of Hira Ferro Alloys & Hira Ferro Alloys Share Price

  • Hira Ferro Alloys Ltd (HFAL) is leading Indian manufacturer of Ferro Alloys, Power, Briquette and Fly Ash Bricks with installed capacity of 61,500 TPA. The company also has 30 MW installed capacity of power and 20 MW thermal power capacity. 
  • Hira Ferro Alloys is research-driven company with backward and forward linkages.
  • Diversified Business Model with blue chip client base.
  • Company  with very low debt with increasing sales and net profits .
  • Highly profitable company with undervalued shares.

Ratio

RatioFY23FY22
Operating Margin8%27%
Net Profit Margin5%19%
Return on Equity 4%22%
Debt-Equity0.570.06
Current Ratio1.441.37
Dividend Payout0%0%

Financial Highlights

Particulars2022-232021-222020-212019-202017-182018-19
Total Income (₹ Crores) 467.10608.26317.95303.44268.08
PAT (₹ Crores) 21.19113.4421.143.833.77
Diluted EPS 9.1453.8110.791.951.92
Book Value per Share (₹) 223.67220.22115.3970.8676.39
Equity (₹ Crores) 518.66510.65226.03138.80149.65

Financial Charts

Shareholding Pattern

Peer Comparison

CompanyMarket Cap (₹ Crores)Profitability Margin (%)ROCE (%)ROE (%)D/E RatioP/E RatioP/B RatioBook Value per Share (₹)
Hira Ferro Alloys Ltd45219%30%22%0.063.620.89220.22
Rohit Ferro Tech Ltd325-11%3%0%-0.61-0.30-0.02-179.76
SAL Steel Ltd1042%27%31%3.287.322.244.45

Media Updates

Frequently Asked Questions 

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid. 

The procedure to buy the Hira Ferro Alloys unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. 

When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day. 

 

In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.  

 

The Hira Ferro Alloys shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.

The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Hira Ferro Alloys Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in  

There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares. 

Before IPO, there is no restriction on sale and transfer of your Hira Ferro Alloys unlisted shares. 

But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange.  

Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares. 

If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor. 

If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.

The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, which comes under the preview of SEBI.  The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors. 

 

The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange. 

Yes, NRI’s can also buy and sell Hira Ferro Alloys unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.

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