About Hariyana Metals
Hariyana Metals is a publicly listed company based in Nagpur (India) founded in 1975. Steel products are manufactured and supplied by Hariyana Metals. Its Indian entity Hariyana Ventures Limited reported revenue of ₹83 Lakh. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Hariyana Metals was founded in 1975 in Nagpur, India, where operations in the metals sector are centered. Steel products are produced and distributed to meet industrial demands. The company functions as a manufacturer and supplier, with activities focused on domestic markets. Leadership is provided by Managing Director Harish Agarwal, overseeing production and supply processes from the Nagpur base.
- Headquarters Nagpur, India
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website hariyanametals.in
- Legal Name Hariyana Ventures Limited
- Date of Incorporation 17 Jan, 1975
- Jurisdiction Nagpur, Maharashtra, India
- Market Cap₹12.12 Cr
HVL · BSE
- Share Price₹209.00
0.00% today
- Revenue₹0.76 Cr
FY 2025-26 · +49.0% YoY
- EBITDA₹0.60 Cr
Margin 79.0%
- Net Profit₹0.40 Cr
FY 2025-26 · +221.2% YoY
- ROE21.1%
ROCE 25.8%
- Debt / Equity0.15
Interest cover 1.8x
Associated legal entities of Hariyana Metals
Hariyana Metals operates through Hariyana Ventures Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hariyana Ventures Limited Listed CIN L99999MH1975PLC018080 | Active | 17 Jan 1975 | Nagpur, Maharashtra | ₹0.8 Cr | 15 | 8 | View details |
Board of directors of Hariyana Ventures Limited (Hariyana Metals)
Hariyana Ventures Limited is the primary company behind Hariyana Metals. The board of Hariyana Ventures Limited currently have 6 directors; the longest-serving is Dinesh Gangaram Agrawal, appointed in 1995. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh Gangaram Agrawal DIN 00291086 | Director | 01 May 1995 | 31 yrs 6 mo | Hariyana Ventures Limited |
| Harish Gangaram Agrawal DIN 00291083 | Managing Director | 01 May 1995 | 31 yrs 6 mo | Hariyana Ventures Limited |
| Shital Ranjit Misal DIN 08336132 | Director | 06 Feb 2019 | 7 yrs 8 mo | Hariyana Ventures Limited |
| Krishanu Harish Agrawal DIN 08777036 | Director | 11 Aug 2020 | 6 yrs 2 mo | Hariyana Ventures Limited |
| Ankit Pankaj Dalmia DIN 10047921 | Director | 01 Sep 2023 | 3 yrs 2 mo | Hariyana Ventures Limited |
| Saket Santosh Gawai DIN 10302637 | Director | 01 Sep 2023 | 3 yrs 2 mo | Hariyana Ventures Limited |
People of Hariyana Metals
1 people are tracked at Hariyana Metals (1 in leadership).
| Name | Role | Group |
|---|---|---|
Harish Agarwal | Managing Director | Leadership |
Complete people profiles for Hariyana Metals
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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IPO & Listings of Hariyana Metals
Hariyana Metals is a publicly listed company on the BSE with ticker symbol HVL in India, operating in the Steel sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date05 Jun 2006
- Listed onBSE: 506024
- Listed entityHariyana Ventures Limited
- Exchange sectorSteel
Financials of Hariyana Metals
Exchange-reported figures of Hariyana Ventures Limited, the listed company behind Hariyana Metals (BSE: HVL).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.76 | 0.51 | 2.76 | 7.20 | 8.07 | 2.85 | 2.44 |
| Revenue growth | +49.0% | -81.5% | -61.7% | -10.8% | +183.2% | +16.8% | - |
| EBITDA | 0.60 | 0.28 | (1.20) | (0.34) | (0.40) | (0.22) | (0.49) |
| EBITDA margin | +79.0% | +54.9% | -43.5% | -4.7% | -5.0% | -7.7% | -20.1% |
| Profit before tax | 0.62 | 0.32 | (1.13) | (0.28) | (0.54) | (0.25) | 0.08 |
| Net profit | 0.40 | (0.33) | (0.86) | (0.23) | (0.45) | (0.21) | (0.03) |
| Net profit margin | +52.6% | -64.7% | -31.2% | -3.2% | -5.6% | -7.4% | -1.2% |
| EPS (₹) | 7.69 | (5.62) | (14.69) | (4.31) | (7.81) | (3.40) | 1.56 |
| Balance sheet | |||||||
| Total assets | 2.43 | 2.29 | 4.66 | 7.13 | 5.20 | 6.63 | 5.45 |
| Net worth | 2.42 | 1.67 | 1.95 | 2.80 | 3.05 | 3.50 | 2.42 |
| Total debt | 0.01 | 0.62 | 2.70 | 4.33 | 2.14 | 3.12 | 3.03 |
| Cash & bank | 0.72 | 0.07 | 0.09 | 0.76 | 0.10 | 0.09 | 1.72 |
| Net working capital | 0.71 | 0.66 | 0.71 | 3.49 | 1.25 | 2.45 | 4.95 |
| Cash flow | |||||||
| Cash from operations | 1.11 | (1.20) | 1.15 | (1.48) | 1.07 | 0.39 | 1.57 |
| Cash from investing | 0.04 | 1.72 | 0.04 | 0.07 | 0.16 | (0.05) | 0.41 |
| Cash from financing | (0.51) | (0.54) | (1.86) | 2.06 | (1.21) | (0.44) | (1.76) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.02 | 0.00 | 0.57 | 0.00 | 0.19 | 0.00 | 0.00 | 0.51 |
| Revenue growth (YoY) | -89.5% | - | - | -100.0% | - | - | - | - |
| Other income | 0.01 | 0.01 | 0.03 | 0.04 | 0.00 | 0.00 | 0.03 | 0.02 |
| Total expenses | 0.06 | 0.06 | 0.04 | 0.03 | 0.04 | 0.06 | 0.08 | 0.03 |
| EBITDA | (0.04) | (0.06) | 0.53 | (0.03) | 0.15 | (0.06) | (0.08) | 0.48 |
| EBITDA margin | -200.0% | - | +93.0% | - | +78.9% | - | - | +94.1% |
| Depreciation | 0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Profit before tax | (0.03) | (0.06) | 0.54 | 0.00 | 0.15 | (0.06) | (0.07) | 0.49 |
| Tax | (0.01) | (0.01) | 0.15 | 0.00 | 0.04 | (0.02) | (0.22) | 0.01 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.02 | 0.00 | 0.57 | 0.00 | 0.19 | 0.00 | 0.00 | 0.51 |
| Revenue growth (YoY) | -89.5% | - | - | -100.0% | - | - | - | - |
| Other income | 0.01 | 0.01 | 0.03 | 0.04 | 0.00 | 0.00 | 0.03 | 0.02 |
| Total expenses | 0.06 | 0.06 | 0.04 | 0.03 | 0.04 | 0.06 | 0.08 | 0.03 |
| EBITDA | (0.04) | (0.06) | 0.53 | (0.03) | 0.15 | (0.06) | (0.08) | 0.48 |
| EBITDA margin | -200.0% | - | +93.0% | - | +78.9% | - | - | +94.1% |
| Depreciation | 0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Profit before tax | (0.03) | (0.06) | 0.54 | 0.00 | 0.15 | (0.06) | (0.07) | 0.49 |
| Tax | (0.01) | (0.01) | 0.15 | 0.00 | 0.04 | (0.02) | (0.22) | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.76 | 0.51 | 2.76 | 7.20 | 8.07 | 2.85 | 2.44 |
| Revenue growth | +49.0% | -81.5% | -61.7% | -10.8% | +183.2% | +16.8% | - |
| Other income | 0.07 | 0.09 | 0.17 | 0.15 | 0.09 | 0.17 | 0.84 |
| Total expenses | 0.16 | 0.23 | 3.96 | 7.54 | 8.47 | 3.07 | 2.93 |
| Employee cost | 0.03 | 0.03 | 0.17 | 0.21 | 0.27 | 0.24 | 0.08 |
| EBITDA | 0.60 | 0.28 | (1.20) | (0.34) | (0.40) | (0.22) | (0.49) |
| EBITDA margin | +79.0% | +54.9% | -43.5% | -4.7% | -5.0% | -7.7% | -20.1% |
| Depreciation | 0.04 | 0.03 | 0.03 | 0.03 | 0.05 | 0.08 | 0.04 |
| Interest | 0.01 | 0.02 | 0.07 | 0.06 | 0.18 | 0.12 | 0.23 |
| Profit before tax | 0.62 | 0.32 | (1.13) | (0.28) | (0.54) | (0.25) | 0.08 |
| Tax | 0.17 | 0.65 | (0.27) | (0.05) | (0.09) | (0.04) | (0.01) |
| Net profit | 0.40 | (0.33) | (0.86) | (0.23) | (0.45) | (0.21) | (0.03) |
| Net profit margin | +52.6% | -64.7% | -31.2% | -3.2% | -5.6% | -7.4% | -1.2% |
| EPS (₹) | 7.69 | (5.62) | (14.69) | (4.31) | (7.81) | (3.40) | 1.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 |
| Reserves & surplus | 1.84 | 1.09 | 1.37 | 2.22 | 2.47 | 2.92 | 1.84 |
| Shareholders' funds (net worth) | 2.42 | 1.67 | 1.95 | 2.80 | 3.05 | 3.50 | 2.42 |
| Secured loans | 0.01 | 0.13 | 1.71 | 1.59 | 1.56 | 1.56 | 1.24 |
| Unsecured loans | 0.00 | 0.49 | 0.99 | 2.74 | 0.58 | 1.56 | 1.79 |
| Total debt | 0.01 | 0.62 | 2.70 | 4.33 | 2.14 | 3.12 | 3.03 |
| Total liabilities | 2.43 | 2.29 | 4.66 | 7.13 | 5.20 | 6.63 | 5.45 |
| Assets | |||||||
| Gross block | 0.52 | 0.62 | 0.62 | 0.62 | 0.62 | 0.47 | 0.55 |
| Net block | 0.29 | 0.32 | 0.35 | 0.38 | 0.41 | 0.47 | 0.55 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.10 | 0.74 | 0.74 | 0.73 | 0.73 | 0.75 | 0.03 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.41 | 0.00 | 0.24 | 0.27 |
| Sundry debtors | 0.00 | 0.00 | 0.03 | 1.81 | 1.33 | 2.00 | 2.21 |
| Cash & bank balances | 0.72 | 0.07 | 0.09 | 0.76 | 0.10 | 0.09 | 1.72 |
| Loans & advances | 0.01 | 0.61 | 0.70 | 0.93 | 0.08 | 0.29 | 1.05 |
| Total current assets | 0.73 | 0.68 | 0.82 | 3.91 | 1.51 | 2.62 | 5.25 |
| Total current liabilities | 0.02 | 0.02 | 0.11 | 0.42 | 0.26 | 0.17 | 0.30 |
| Net working capital | 0.71 | 0.66 | 0.71 | 3.49 | 1.25 | 2.45 | 4.95 |
| Total assets | 2.43 | 2.29 | 4.66 | 7.13 | 5.20 | 6.63 | 5.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.07 | 0.09 | 0.76 | 0.10 | 0.09 | 0.20 | 1.50 |
| Net cash from operating activities | 1.11 | (1.20) | 1.15 | (1.48) | 1.07 | 0.39 | 1.57 |
| Net cash from investing activities | 0.04 | 1.72 | 0.04 | 0.07 | 0.16 | (0.05) | 0.41 |
| Net cash from financing activities | (0.51) | (0.54) | (1.86) | 2.06 | (1.21) | (0.44) | (1.76) |
| Net change in cash | 0.65 | (0.02) | (0.67) | 0.65 | 0.01 | (0.11) | 0.21 |
| Closing cash | 0.72 | 0.07 | 0.09 | 0.76 | 0.10 | 0.09 | 1.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +49.0% | -81.5% | -61.7% | -10.8% | +183.2% | +16.8% | - |
| EBITDA growth | +114.3% | +123.3% | -252.9% | +15.0% | -81.8% | +55.1% | - |
| PBT growth | +93.8% | +9998.0% | -303.6% | +48.2% | -116.0% | - | -72.4% |
| Net income growth | +221.2% | +61.6% | -273.9% | +48.9% | -114.3% | -600.0% | - |
| Revenue CAGR (3Y) | -52.7% | -60.2% | -1.1% | +43.4% | -6.2% | -28.8% | -64.1% |
| EBITDA CAGR (3Y) | - | - | +76.0% | -11.5% | +78.8% | -1.5% | +7.0% |
| Profitability & leverage | |||||||
| Net income margin | +59.2% | -64.7% | -31.2% | -3.2% | -5.6% | -7.4% | +3.7% |
| Return on capital employed | +25.8% | 0.0% | 0.0% | -3.9% | -6.1% | -2.0% | +3.1% |
| Return on net worth | +21.1% | 0.0% | 0.0% | -8.6% | -13.7% | -6.8% | -1.3% |
| Debt / equity | 0.15 | 0.91 | 1.48 | 1.10 | 0.80 | 1.04 | 1.59 |
| Long-term debt / equity | 0.12 | 0.42 | 0.80 | 0.56 | 0.17 | 0.44 | 1.16 |
| Interest cover | 1.79 | 8.00 | -5.69 | -16.22 | -40.00 | -40.00 | -43.40 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.33 | 0.82 | 4.45 | 11.61 | 14.81 | 5.59 | 5.36 |
| Inventory turnover | 0.00 | 0.00 | 13.46 | 35.12 | 67.25 | 11.18 | 17.43 |
| Debtors turnover | 0.00 | 34.00 | 3.00 | 4.59 | 4.85 | 1.35 | 0.50 |
| EPS (₹) | 7.69 | (5.62) | (14.69) | (4.31) | (7.81) | (3.40) | 1.56 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 41.61 | 28.72 | 33.65 | 48.17 | 52.48 | 60.29 | 41.64 |
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Frequently Asked Questions about Hariyana Metals
Hariyana Metals was founded in 1975.
Hariyana Metals is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
The primary company behind Hariyana Metals, Hariyana Ventures Limited, reported revenue of ₹83 Lakh for FY 2026, up 49% year on year.
Hariyana Metals was founded in 1975 in Nagpur, India, where operations in the metals sector are centered. Steel products are produced and distributed to meet industrial demands. The company functions as a manufacturer and supplier, with activities focused on domestic markets. Leadership is provided by Managing Director Harish Agarwal, overseeing production and supply processes from the Nagpur base.
Yes, Hariyana Metals is publicly traded on BSE under the ticker symbol HVL.
Hariyana Metals operates through Hariyana Ventures Limited.
The legal entities of Hariyana Metals currently have 8 directors, including Dinesh Gangaram Agrawal, Shital Ranjit Misal, Harish Gangaram Agrawal and others.