About Hisar Metal Industries Limited

Hisar Metal Industries Limited is an Indian stainless steel manufacturer based at Near Industrial Development Colony, Delhi Road, Hisar-125005 (Haryana). The company is engaged in the manufacture of Cold Rolled Stainless Steel Strips and Stainless Steel Tubes & Pipes, which together constitute its sole line of business in “Stainless Steel Products”. Manufacturing is carried out at two facilities in Hisar: a Cold Rolled Stainless Steel Strips plant at Near I.D.C., Delhi Road, Hisar-125005 and a Stainless Steel Tubes & Pipes plant at Sector 27-28, Industrial Area, Hisar-125005. The company serves customers in India and overseas, with sales recognised on shipment or delivery, including when goods are delivered to a carrier for export sale, in line with Ind-AS 115.

Hisar Metal’s equity shares are listed on the National Stock Exchange of India Limited (stock code: HISAR METAL) and are permitted for trade on BSE (Scrip Code: 590018; Scrip ID: HISAR MET). The company has no subsidiaries. As part of its operating context, the Board has determined “Stainless Steel Products” as the only operating segment for reporting purposes, reflecting the focused nature of its product portfolio.

Key Milestones of Hisar Metal Industries Limited

Key milestones and markers from the latest year include continued operation of two plants in Hisar, ongoing NSE listing with BSE permitted trading, and the convening of the 35th Annual General Meeting on September 19, 2025 at the Registered Office in Hisar. The company underscores its commitment to governance through CEO & CFO certification dated May 28, 2025, affirming true and fair financial statements and robust internal controls.

Hisar Metal Industries Limited Business Verticals and Geographic Presence 

• Nature of business: Stainless steel strips, tubes and pipes manufacturing, classified as “Stainless Steel Products”
• Plants: Two in Hisar, Haryana (strips plant near I.D.C.; tubes & pipes plant in Sector 27-28)
• Geographies: India and export markets; sales recognised on delivery or shipment, including export shipments
• Subsidiaries: 0
• Listing: NSE (HISAR METAL); permitted for trade on BSE (Scrip Code 590018)

Hisar Metal Industries Limited Business Segment

The Board has determined “Stainless Steel Products” as the only operating segment for reporting purposes. This segment encompasses the manufacture of Cold Rolled Stainless Steel Strips and Stainless Steel Tubes & Pipes, reflecting the focused nature of the company’s product portfolio.

Hisar Metal Industries Limited Key Management

• Mr. Mahabir Prasad Jindal – Chairman
• Mr. Abhiram Tayal – Managing Director
• Mr. Karan Dev Tayal – Whole-time Director
• Mr. R.S. Bansal – Chief Financial Officer
• Mr. Vishesh Kumar Chugh – Company Secretary & Compliance Officer

Latest Updates on Hisar Metal Industries Limited

• Operating performance: The company produced 7,990 MT of Cold Rolled Stainless Steel Strips and Stainless Steel Tubes & Pipes in the year, and sold 7,993 MT
• Export activity: Earnings in foreign exchange included FOB value of exports of Rs 2,952.62 Lakh for the year ended March 31, 2025, underscoring its overseas presence alongside the domestic market
• Corporate governance: The company confirmed compliance with SEBI (LODR) 2015 and reported certain non-mandatory governance practices, including appointing separate persons to the posts of Chairman and Managing Director and having the Internal Auditor report directly to the Audit Committee
• Listing and investor information: Shares remained listed on the National Stock Exchange of India Limited, and permitted for trade on BSE; the 35th AGM was scheduled for September 19, 2025 at the Registered Office in Hisar

Manufacturing footprint and training: The company continued to operate both Hisar plants and maintained an in-house technical centre to train new recruits, supporting productivity and quality standards across operations