Hariyana Ship Breakers Ltd Stock Price Today (NSE: HRYNSHP)

Hariyana Ship Breakers Ltd

98.051.35 (1.36%)
Market Closed

Fundamental Score

...

Hariyana Ship Breakers Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Hariyana Ship Breakers Ltd share price today is 98.05, down 1.36% on NSE/BSE as of 17 June 2026. Hariyana Ship Breakers Ltd (HRYNSHP) is a Small-cap company in the Ship Building & Allied Services sector with a market capitalisation of 68.73 (Cr). The 52-week high for HRYNSHP share price is 133.95 and the 52-week low is 82.25. At a P/E ratio of 18.04x, HRYNSHP is currently trading below its industry average P/E of 46.19x. The company has a Return on Equity (ROE) of 1.10% and a debt-to-equity ratio of 0.10.

Hariyana Ship Breakers Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
112.00
Low
98.05
Volume
2.3K
Change
-2.33%

Hariyana Ship Breakers Ltd share price chart: -2.33% return over the past month. 52-week high ₹133.95, 52-week low ₹82.25.

Hariyana Ship Breakers Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
99.50101.1098.5599.251.19K (Cr)
100.00101.0098.0098.704.96K (Cr)
102.55106.00102.50102.753.15K (Cr)
101.60103.25101.00102.551.47K (Cr)
104.40104.40100.50102.401.26K (Cr)
100.30103.45100.30102.35822.00 (Cr)
100.80103.00100.80101.651.15K (Cr)
101.35105.00100.70103.151.09K (Cr)
100.55100.80100.55100.70212.00 (Cr)
104.85104.85100.65101.30893.00 (Cr)

Hariyana Ship Breakers Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
100.00101.1098.0099.25-0.75%
109.45111.00100.05102.75-6.12%
90.00114.0089.99103.38+14.87%
100.05112.0082.2585.25-14.79%
101.00125.0097.50109.90+8.81%
112.00123.00100.90105.95-5.40%
110.25115.50102.40107.80-2.22%
117.30117.40107.50111.45-4.99%
116.05121.90103.00114.75-1.12%
109.05130.00105.05117.55+7.79%
112.55128.00104.55109.05-3.11%
122.50133.95110.00112.55-8.12%

AI Research Briefing

Powered by Gemini · 2026-04-09

Hariyana Ship Breakers is a micro-cap value trap fueled by unsustainable 'other income'.

Research Confidence
8.0/10High
DEBT TRAP TURNAROUND1M: -2.92%, 3M: 0.0%, 6M: -11.66%. Breakdown.Cheap, P/E 18.04x vs Industry P/E 46.19x. But earnings are low quality.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Hariyana Ship Breakers' long-term bank facilities were downgraded by Acuité Ratings to 'ACUITE BB' from 'ACUITE BB+' for due to subdued operating performance in FY25 and FY26 because of the absence of ships for dismantling. Trading window closed on April 1, 2026. Q3FY26 net profit surged 1509% to s compared to s in Q3FY24. Revenue from operations reached s from nil in the previous year.

CORE STORY (THE REAL GAME)

This is not a ship-breaking story; it's a 'other income' story. The market is chasing headline profit growth, ignoring the unsustainable source.

Why Now
  • Profitability illusion driven by non-operating income
  • Downgraded credit rating signals financial stress
  • Unsustainable core business
Potential Catalysts
  • Acuite Ratings further downgrading the company's credit rating
  • Sharp drop in 'other income'
  • Failure to secure new ship dismantling contracts
Key Risks
  • Micro/SME cap equals liquidity risk
  • Dependence on 'other income'
  • Downgraded credit rating
Institutional Activity

No FII/DII activity. Promoter holding steady at 74.95%.

Macro Context

Tamil Nadu Shipbuilding Policy 2026 aims to attract VLCC and large shipyard investments, but Hariyana Ship Breakers is unlikely to benefit.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-21.14 Cr.

3–6 Month Outlook

The company's future hinges on diversifying its revenue streams beyond ship-breaking, a challenging task given its limited success in the past. Expect continued volatility and potential downside as the market re-evaluates the sustainability of its earnings.

Primary Thesis Risk

Reliance on unsustainable 'other income' is the biggest thesis killer.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

1.10%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.20%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

-0.55%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Hariyana Ship Breakers Ltd Valuation Check

Excellent

Price to Earnings (P/E)

18.04x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

46.19x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

74.95%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

359.18%

Net profit growth vs same quarter last year

Revenue Growth (Quarterly YoY)

N/A

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-72.20%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

17.44%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

17.44%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.10x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

3.27x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-21.14 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Hariyana Ship Breakers Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of HRYNSHP across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Attractive Valuation (P/E: 18.04 vs Industry: 46.19)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (359.18%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Excellent EPS Growth (17.44% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (17.44% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.10)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Balanced Promoter Holding (74.95%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (1.10%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (3.20%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (-0.55%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Limited Growth History (-72.20% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Negative Free Cash Flow (₹-21.14 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Hariyana Ship Breakers Ltd vs Ship Building & Allied Services Peers

Peer Comparison - Ship Building & Allied Services

Compare Hariyana Ship Breakers Ltd with 4 other companies in the same sector

5 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
40/100
98
₹68.73
18.0
Average
1.10%
Poor
3.20%
Poor
0.1
Excellent
17.44%
Excellent
-72.20%
Poor
0.00%
66.8/100
2455
₹107799.24
46.2
Average
34.02%
Excellent
43.19%
Excellent
0.0
Excellent
38.30%
Excellent
18.44%
Excellent
0.65%
41.4/100
1524
₹43848.99
57.9
Average
15.85%
Good
20.35%
Excellent
0.2
Excellent
5.79%
Good
5.76%
Good
0.58%
32.5/100
1962
₹5728.77
-46.31%
Poor
-5.76%
Poor
10.7
Poor
13.63%
Good
-37.80%
Poor
0.00%
66.7/100
300
₹195.50
21.0
Average
122.18%
Excellent
18.57%
Good
1.7
Average
30.92%
Excellent
19.15%
Excellent
0.00%

Hariyana Ship Breakers Ltd PE Ratio History

Historical price-to-earnings ratio for HRYNSHP — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20245.23₹126.6524.2x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Hariyana Ship Breakers Ltd Quarterly Performance

Latest quarterly metrics for HRYNSHP — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

N/A

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

359.18%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-72.20%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

17.44%

Compounded annual net profit growth over 5 years

Hariyana Ship Breakers Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for HRYNSHP — calculated from daily price history

39RSI 14
Neutral — RSI 39

Momentum is balanced — neither overbought nor oversold.

SMA 50
100
▼ Price below SMA 50 — Short-term bearish
SMA 200
108
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
3K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Hariyana Ship Breakers Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Hariyana Ship Breakers Ltd (HRYNSHP) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Hariyana Ship Breakers Ltd

About HRYNSHP (Hariyana Ship Breakers Ltd)

Hariyana Ship Breakers Ltd is a multifaceted industrial entity operating within the shipbuilding and allied services sector, demonstrating a diverse portfolio that extends beyond t...he traditional image of ship dismantling. While the company's name evokes the core activity of ship breaking, its engagement encompasses a spectrum of trading and manufacturing activities. HRYNSHP strategically navigates the global marketplace, actively participating in the trading of essential components like hot rolled coils, a crucial material in construction and manufacturing. This involvement showcases the company's adaptability and its commitment to securing a strong foothold within the larger industrial ecosystem. Their business model reflects a dynamic approach to resource utilization and market responsiveness. Beyond the realm of materials trading, Hariyana Ship Breakers Ltd expands its industrial footprint through the manufacturing of industrial oxygen gas. This seemingly disparate activity highlights the company's diversification strategy, allowing it to capitalize on the demand for essential industrial gases used in various manufacturing processes. The production of oxygen gas represents a significant commitment to value-added manufacturing, moving beyond the pure trading of commodities. Further contributing to its intricate business model, HRYNSHP also engages in both trading and investment activities, demonstrating a proactive approach to capital management and strategic growth. This diversified financial engagement is key to their resilience. Furthermore, Hariyana Ship Breakers Ltd actively participates in the trading of metal scrap, underscoring its commitment to recycling and resource recovery within the industrial sector. This engagement reflects a growing awareness of sustainable practices and contributes to the circular economy. The company also trades in graphite electrodes, essential components used in steel manufacturing, and other industrial inputs, solidifying its position as a vital supplier within the manufacturing supply chain. Established in 1981 and headquartered in Mumbai, India, Hariyana Ship Breakers Ltd represents a dynamic and adaptable entity operating within the evolving landscape of shipbuilding and allied industrial services.

Company Details

Symbol:HRYNSHP
Industry:Ship Building & Allied Services
Sector:Ship Building & Allied Services

Key Leadership

Mr. Shantisarup Ramkumar Reniwal
Executive Chairman
Mr. Sanjeev Shantisarup Reniwal
Chief Executive Officer
Mr. Kirti Shantilal Desai
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date

HRYNSHP Share Price: Frequently Asked Questions

What is the current share price of Hariyana Ship Breakers Ltd?

Hariyana Ship Breakers Ltd (HRYNSHP) trades at ₹98.05 on NSE and BSE. Market cap ₹68.73 (Cr). Educational data only.

What is the P/E ratio of Hariyana Ship Breakers Ltd?

Hariyana Ship Breakers Ltd has a P/E of 18.04x vs industry average 46.19x.

What is the Bull Run score for Hariyana Ship Breakers Ltd?

Hariyana Ship Breakers Ltd has a Bull Run score of 40/100 based on 25+ financial parameters.

Does Hariyana Ship Breakers Ltd pay dividends?

Hariyana Ship Breakers Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Hariyana Ship Breakers Ltd?

Hariyana Ship Breakers Ltd has ROE of 1.10%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Hariyana Ship Breakers Ltd?

Hariyana Ship Breakers Ltd has debt-to-equity of 0.10.

Is Hariyana Ship Breakers Ltd a good investment?

Bull Run gives Hariyana Ship Breakers Ltd a score of 40/100. This is not investment advice — consult a SEBI-registered advisor.