---
title: "Haryana Suraj Maltings Ltd (519395) — Share Price, Financials & Analysis"
symbol: "519395"
company: "Haryana Suraj Maltings Ltd"
canonical: "https://tapetide.com/stocks/519395"
isin: "INE154E01019"
bse_code: "519395"
generated_at: "2026-10-13T11:00:55.815Z"
---

# Haryana Suraj Maltings Ltd (519395)

Canonical page: https://tapetide.com/stocks/519395

## Company

- **BSE Code:** 519395
- **ISIN:** INE154E01019
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Debtor days have increased from 27.7 to 45.2 days.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | — | 85% |
| revenue growth | 54% | 59% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2024 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- |
| Sales | 62.36 | 87.42 | 112.37 |
| Expenses | 57.15 | 78.38 | 99.4 |
| Operating Profit | 5.21 | 9.04 | 12.97 |
| OPM % | 8.35 | 10.34 | 11.54 |
| Other Income | 0.01 | 0.07 | 0.11 |
| Interest | 0.78 | 0.75 | 1.15 |
| Depreciation | 0.39 | 1.42 | 1.94 |
| Profit before tax | 4.05 | 6.94 | 9.99 |
| Tax % | 25.68 | 26.51 | 25.63 |
| Net Profit | 3.01 | 5.1 | 7.44 |
| EPS in Rs | 3.76 | 4.64 | 6.76 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- |
| Sales | 4.77 | 12.42 | 19.14 |
| Expenses | 4.66 | 11.57 | 17.64 |
| Operating Profit | 0.11 | 0.85 | 1.5 |
| OPM % | 2.31 | 6.84 | 7.84 |
| Other Income | 0.29 | 0.03 | 0.05 |
| Interest | 0.11 | 0.22 | 0.81 |
| Depreciation | 0.24 | 0.35 | 0.46 |
| Profit before tax | 0.05 | 0.31 | 0.28 |
| Tax % | 40 | 96.77 | 35.71 |
| Net Profit | 0.03 | 0.01 | 0.18 |
| Dividend Payout % | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- |
| Equity Capital | 5.34 | 5.34 | 5.34 |
| Reserves | -2.22 | -1.92 | -1.74 |
| Borrowings | 2.9 | 6.67 | 6.12 |
| Other Liabilities | 2.81 | 3.8 | 5.9 |
| Total Liabilities | 8.83 | 13.89 | 15.62 |
| Fixed Assets | 2.5 | 6.71 | 6.45 |
| CWIP | 2.6 | 1.28 | 3.2 |
| Investments | 0 | 0 | 0 |
| Other Assets | 3.73 | 5.9 | 5.97 |
| Total Assets | 8.83 | 13.89 | 15.62 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 0.06 | -1.26 | 1.3 |
| Cash from Investing Activity | -0.11 | -1.85 | -2.07 |
| Cash from Financing Activity | 0.12 | 4.56 | -0.55 |
| Net Cash Flow | 0.07 | 1.45 | -1.32 |
| Free Cash Flow | -0.05 | -3.12 | -0.82 |
| CFO/OP | 55 | -147 | 87 |

### Ratios

| Item | Mar 2006 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- |
| Debtor Days | 1.53 | 10.29 | 45.2 |
| Inventory Days | 303.98 | 156.37 | 54.27 |
| Days Payable | 280.68 | 152.01 | 123.17 |
| Cash Conversion Cycle | 24.83 | 14.64 | -23.71 |
| Working Capital Days | 8.42 | 11.76 | -3.62 |
| ROCE % | — | — | 11.11 |

## Shareholding Pattern

### annual

| Category | Dec 2025 |
| --- | --- |
| Promoters | 69.55% |
| FIIs | 0.23% |
| DIIs | 6.88% |
| Public | 23.35% |
| No. of Shareholders | 559 |

### Quarterly

| Category | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- |
| Promoters | 69.55% | 69.55% | 69.55% |
| FIIs | 3.51% | 1.74% | 0.23% |
| DIIs | 6.37% | 6% | 6.88% |
| Public | 20.57% | 22.72% | 23.35% |
| No. of Shareholders | 552 | 570 | 559 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-02 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BLUEWATER2024_02032026131618_Letter.pdf) |
| 2026-02-13 | [Investor Presentation](https://nsearchives.nseindia.com/corporate/BLUEWATER2024_13022026161458_Letter.pdf) |
| 2026-02-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/BLUEWATER2024_11022026133015_Letter.pdf) |
| 2026-02-11 | [Statement of deviation(s) or variation(s) under Reg. 32](https://nsearchives.nseindia.com/corporate/BLUEWATER2024_11022026152447_Letter.pdf) |
| 2026-02-03 | [Updates](https://nsearchives.nseindia.com/corporate/BLUEWATER2024_03022026143818_Letter.pdf) |
| 2026-01-06 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/BLUEWATER2024_06012026154928_Letter.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://nsearchives.nseindia.com/corporate/BLUEWATER2024_13022026161458_Letter.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/BLUEWATER2024_20112025160029_NSE.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-09-25 | Credit rating update — Infomerics |
| 2015-03-31 | Credit rating update — CRISIL |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:55.815Z.