What we do Hisar Metal Industries Ltd manufactures cold rolled stainless steel strips and stainless steel tubes and pipes, operating primarily from its Hisar plant in Haryana, India. |
Founded in 1,990 |
Market share Recognized as the Stainless Steel City of India, the company is a key player in stainless steel strips and tubes manufacturing. |
Problem solved Provides high-quality stainless steel products to meet industrial demand for durable and corrosion-resistant materials. |
Top clients or who we serve Serves industrial clients across sectors requiring stainless steel strips, tubes, and pipes; operates primarily as a B2B manufacturer. |
Key management Abhiram Tayal (Managing Director), Karan Dev Tayal (Whole-time Director) |
Our journey and innovations Incorporated in 1990, expanded capacity in early 1990s, started stainless steel tube and pipe production in 2016, continuously enhancing plant capacities. |
Where we operate Operations centered in India with plant in Hisar, Haryana; caters to domestic industrial markets. |
Top products or what we offer Cold Rolled Stainless Steel Strips, Stainless Steel Tubes and Pipes produced using multiple cold rolling and tube mills. |
Top brands - |
Raw materials needed Stainless steel coils and raw materials for cold rolling and tube manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from regular industrial orders, exhibits some cyclical trends tied to manufacturing sector demand. |
Our industry position Established mid-sized manufacturer with steady market presence in Indian stainless steel segment. |
Financial highlights FY 2024-25 revenue approximately Rs. 245.56 crore; Profit after Tax Rs. 3.18 crore; modest profitability maintaining stability. |
Geographical revenue split - |
Order book - |
Whats driving growth Steady industrial demand, capacity expansions, and new product lines like stainless steel tubes and pipes drive growth. |
Our future plans Focus on capacity enhancement, improving efficiency, and expanding product offerings in cold rolled strips and stainless steel pipes. |
Our green promise - |
Our people and values Emphasizes cordial industrial relations, adherence to corporate governance, and employee welfare policies. |
Key challenges ahead Managing profitability amid market fluctuations and maintaining efficiency in a competitive stainless steel industry. |
Interesting facts Known as the Stainless Steel City of India due to its pioneering stainless steel manufacturing operations. |
Risks and strategy Risk management policies in place; focus on operational controls and compliance to mitigate market and regulatory risks. |
