MarketFriction

Hirect Ltd

NSE HIRECT · BSE 504036 · Industrial Products
₹1,123.80 -2.04%
NSE close2026-10-01
52 week range565.20 - 1,399.00
Market cap₹4,154 Cr.
P/E106
Price band 20% Delivery 53.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales136.63151.36135.53165.85168.94185.05214.77227.15277.39279.82258.45
Expenses123.15137.86121.05147.54151.31165.15190.55201.27251.84271.39245.23
Operating Profit13.4813.5014.4818.3117.6319.9024.2225.8825.558.4313.22
OPM %9.87%8.92%10.68%11.04%10.44%10.75%11.28%11.39%9.21%3.01%5.12%
Other Income-6.910.380.510.130.500.340.230.13-1.070.367.86
Interest3.234.133.263.402.524.023.623.564.714.094.74
Depreciation2.022.002.012.112.152.222.732.814.453.854.71
Profit before tax1.327.759.7212.9313.4614.0018.1019.6415.320.8511.63
Tax %-14.39%33.81%28.70%21.19%25.63%28.71%29.50%25.05%17.10%285.88%44.02%
Net Profit1.525.126.9310.1910.019.9912.7714.7212.70-1.586.50
EPS in Rs0.441.492.022.972.922.913.724.283.691.312.74
Mar 2024Mar 2025Mar 2026TTM
Sales5186559991,043
Expenses473585914970
Operating Profit45718573
OPM %9%11%9%7%
Other Income-61-07
Interest13141717
Depreciation781416
Profit before tax18505447
Tax %29%26%28%
Net Profit13373932
EPS in Rs3.6510.8213.1012.02
Dividend Payout %16%9%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%%42%
Compounded Profit Growth%%%-9%
Stock Price CAGR39%65%89%41%
Return on Equity%%22%25%
Mar 2024Mar 2025Mar 2026
Equity Capital337
Reserves121156202
Borrowings135164245
Other Liabilities7193209
Total Liabilities331417662
Fixed Assets90107196
CWIP221210
Investments000
Other Assets219298455
Total Assets331417662
Mar 2024Mar 2025Mar 2026
Cash from Operating Activity343686
Cash from Investing Activity-19-25-90
Cash from Financing Activity-14-118
Net Cash Flow0-04
Free Cash Flow2014-12
CFO/OP76%62%116%
Mar 2024Mar 2025Mar 2026
Debtor Days636190
Inventory Days929274
Days Payable454659
Cash Conversion Cycle110107105
Working Capital Days242515
ROCE %22%19%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters44.08%44.05%44.05%44.05%43.98%43.98%43.98%43.93%43.93%43.93%43.92%42.58%
FIIs5.72%5.76%5.82%5.97%6.28%6.03%6.30%6.64%6.21%6.38%6.57%6.84%
DIIs0.01%0.01%0.01%0.01%0.07%0.01%0.06%0.13%0.13%0.13%0.20%3.22%
Public50.18%50.16%50.13%49.95%49.64%49.96%49.63%49.31%49.73%49.55%49.31%47.37%
No. of Shareholders8,4039,93610,99714,31916,59318,24118,49624,03823,27621,70022,27022,219

Fundamentals

Market Cap₹ 4,154 Cr.
Current Price₹ 1,171
Stock P/E106
Book Value₹ 60.7
ROCE18.8 %
ROE25.2 %
Dividend Yield0.12 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)42%
Compounded Profit Growth (TTM)-9%
Consolidated figures.
Ownership
Promoter holding42.58% (-1.35 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodHIRECTNifty 50Difference
1 week-7.8%-2.8% -5.0 pts
1 month-10.0%-6.8% -3.2 pts
3 months+2.9%-7.6% +10.5 pts
6 months+70.2%+0.4% +69.8 pts
1 year+31.6%-9.9% +41.5 pts
2 years+161.7%-13.6% +175.2 pts
3 years+551.9%+14.2% +537.8 pts
5 years+1072.5%+27.9% +1044.6 pts
1 mutual fund schemes hold about ₹133 Cr. Over three months 1 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Tata Small Cap Fund1.01%133 +100%

Red flags

No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹258 Cr +20.3% vs Jun 2025. Net profit ₹6 Cr -49.1%.
Against our estimate for Jun 2026: sales -23.7%, profit -63.5% miss. Our estimate for Sep 2026: sales Rs 308 Cr, profit Rs 11 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-04Dividend - Rs 1.40 Per Share
2026-03-27Bonus 1:10.5000
2025-07-22Dividend - Rs 2 Per Share
2024-07-25Annual General Meeting/Dividend - Rs 1.20 Per Share
2022-08-01Annual General Meeting/Dividend - Rs 0.40 Per Share
2021-08-04 Annual General Meeting/Dividend - Rs 0.40 Per Share
2020-09-07 Annual General Meeting/Dividend - Rs 0.80 Per Share
2019-07-30 Annual General Meeting/Dividend Rs 0.40 Per Share
2018-08-01 Annual General Meeting
2017-10-17 Rights 1:10 @ Premium Rs 78/-
2017-08-24 Annual General Meeting
2016-07-21 Annual General Meeting
2015-08-07Annual General Meeting
2014-08-06Annual General Meeting / Dividend - Re 0.20/- Per Share
2013-08-02Annual General Meeting/Dividend Rs 1.60/- Per Share
2012-07-31Annual General Meeting/Dividend Rs 1.60 Per Share
2011-07-29Annual General Meeting And Dividend Rs.1.50 Per Share
2010-08-04Annual General Meeting And Dividend Rs.1.40 Per Share
2009-08-31Agm/Div-Rs.2/- Per Share
2008-10-06Bonus - 1:10.5000
2008-08-18Agm/Dividend - 100%
2007-08-28Fv Split Rs.10/- To Rs.2/0.2000
2007-07-20Agm/Dividend-100%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 monthsScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Hirect Ltd?

Hirect Ltd (HIRECT) has a market capitalisation of Rs 4,154 Cr. at the 2026-10-01 close.

What is the P/E ratio of Hirect Ltd?

Hirect Ltd trades at a P/E of 106 on trailing twelve-month profit, at the 2026-10-01 close.

What were Hirect Ltd's latest quarterly results?

In the Jun 2026 quarter, Hirect Ltd sales was Rs 258 Cr (+20.3% vs Jun 2025) and net profit was Rs 6 Cr.

What is the 52-week high and low of Hirect Ltd?

The 52-week high is Rs 1,399.00 and the 52-week low is Rs 565.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03