Hariyana Ship Breakers Limited
BSE: HRYNSHP · Ship Building & Allied Services
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Snapshot
Unlock Hariyana Ship Breakers Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Hariyana Ship Breakers Limited specialises in ship recycling and dismantling operations at the Alang ship-breaking yard in Gujarat. The company also engages in the trading of iron and steel products and pursues real estate development through its subsidiaries.
Business Model
The company generates revenue by acquiring end-of-life vessels, dismantling them to recover scrap metal, and selling these materials to steel manufacturers and rolling mills. It further diversifies income streams through commodity trading and property development projects.
Management Commentary
Management focuses on leveraging the company's established presence in the Alang ship-breaking hub to maintain its position within the circular economy. There is no specific recent commentary provided in the source text.
Growth Outlook
Growth is expected to be driven by the company's diversified interests in steel trading and real estate, alongside its core ship-recycling operations. The company aims to capitalise on its strategic location in one of the world's largest ship-breaking regions.
Key Risks
- Commodity Price Volatility. Fluctuations in global steel and scrap metal prices directly impact the company's profit margins.
- Regulatory and Environmental Compliance. The ship-breaking industry is subject to stringent environmental and safety regulations that may increase operational costs.
- Cyclicality of Shipping Industry. The availability of vessels for dismantling depends on global shipping cycles and the age profile of the world fleet.
- Real Estate Market Risks. Exposure to the real estate sector introduces risks related to market demand, project execution, and regulatory approvals.
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Peers · Ship Building & Allied Services
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Hariyana Ship Breakers LimitedHRYNSHP | ₹62 Cr | — | — | — | 30.0% | — | — | -8.4% |
Mazagaon Dock Shipbuilders Ltd.MAZDOCK | ₹1.03L Cr | 36.06 | 27.23 | 13.9% | 27.8% | 32.3% | 35.2% | -1.8% |
Cochin Shipyard Ltd.COCHINSHIP | ₹40,383 Cr | 59.36 | 34.89 | -1.4% | 23.5% | 11.9% | 16.7% | -4.6% |
Swan Defence And Heavy Industries LtdSWANDEF | ₹12,934 Cr | -75.82 | -104.43 | 4092.3% | -47.4% | -129.7% | -7.8% | +528.2% |
As of Mar 2026
Financials
Hariyana Ship Breakers Limited
BSE: HRYNSHP · Ship Building & Allied Services
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Hariyana Ship Breakers Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Hariyana Ship Breakers Limited specialises in ship recycling and dismantling operations at the Alang ship-breaking yard in Gujarat. The company also engages in the trading of iron and steel products and pursues real estate development through its subsidiaries.
Business Model
The company generates revenue by acquiring end-of-life vessels, dismantling them to recover scrap metal, and selling these materials to steel manufacturers and rolling mills. It further diversifies income streams through commodity trading and property development projects.
Management Commentary
Management focuses on leveraging the company's established presence in the Alang ship-breaking hub to maintain its position within the circular economy. There is no specific recent commentary provided in the source text.
Growth Outlook
Growth is expected to be driven by the company's diversified interests in steel trading and real estate, alongside its core ship-recycling operations. The company aims to capitalise on its strategic location in one of the world's largest ship-breaking regions.
Key Risks
- Commodity Price Volatility. Fluctuations in global steel and scrap metal prices directly impact the company's profit margins.
- Regulatory and Environmental Compliance. The ship-breaking industry is subject to stringent environmental and safety regulations that may increase operational costs.
- Cyclicality of Shipping Industry. The availability of vessels for dismantling depends on global shipping cycles and the age profile of the world fleet.
- Real Estate Market Risks. Exposure to the real estate sector introduces risks related to market demand, project execution, and regulatory approvals.
Start your research today
Unlock AI insights, financials, peers and live data on Hariyana Ship Breakers Limited and 5,000+ companies — free.
Peers · Ship Building & Allied Services
As of Mar 2026