Hira Textile Mills Limited (HIRAT) financial ratios

Hira Textile Mills Limited earned a net margin of -386.3% in FY2024 against a five-year average of -293.8% (Textile Spinning median 1.0%). The current ratio stood at 0.04× and debt was — of equity. Cash took about -652 days to cycle through receivables, inventory and payables.

FY2024 vs the Textile Spinning median

Gross margin: -230.4%; Sector median 7.8%
Operating margin: -265.7%; Sector median 2.9%
Net margin: -386.3%; Sector median 1.0%
Return on assets (ROA): -9.3%; Sector median 0.4%
Current ratio: 0.04×; Sector median 0.90×
Asset turnover: 0.02×; Sector median 0.70×

Median of the 51 companies in the sector with the figure for their latest fiscal year.

HIRAT financial ratios (annual) (Rs mn)
Rs mn	FY2024 * Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 * Jul 2020 – Jun 2021	FY2020 * Jul 2019 – Jun 2020	FY2019 * Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 * Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 * Jul 2014 – Jun 2015	FY2014 * Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 * Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007	FY2006 Jul 2005 – Jun 2006	FY2005 * Jul 2004 – Jun 2005
Profitability
Gross margin	(230.4%)	(367.0%)	(174.4%)	(9.1%)	(4.5%)	(40.1%)	(7.1%)	7.6%	9.5%	11.7%	9.4%	13.6%	13.5%	14.7%	19.5%	15.5%	16.0%	15.1%	18.1%	—
EBITDA margin	(92.6%)	(394.0%)	(139.7%)	(3.2%)	1.2%	(34.4%)	(3.5%)	8.7%	9.8%	11.1%	8.8%	12.3%	12.3%	13.4%	18.6%	15.5%	16.2%	15.4%	19.5%	—
Operating margin	(265.7%)	(711.1%)	(183.7%)	(11.6%)	(7.5%)	(39.3%)	(9.8%)	4.8%	6.6%	8.4%	6.6%	10.0%	10.2%	11.8%	16.1%	12.3%	12.3%	10.8%	15.2%	—
Pre-tax margin	(422.9%)	(838.1%)	(158.0%)	(15.0%)	(19.9%)	(70.3%)	(24.9%)	1.3%	2.9%	3.7%	2.2%	4.0%	4.2%	5.6%	8.9%	0.5%	3.7%	1.3%	6.1%	—
Net margin	(386.3%)	(867.9%)	(182.6%)	(11.7%)	(20.8%)	(76.2%)	(25.2%)	0.2%	2.7%	2.3%	2.8%	4.5%	3.4%	4.4%	8.0%	0.1%	2.8%	(2.9%)	5.2%	—
Effective tax rate	—	—	—	—	—	—	—	83.0%	7.7%	38.6%	(25.2%)	(13.4%)	18.6%	20.6%	10.4%	84.6%	24.2%	316.7%	14.8%	—
Returns
Return on equity (ROE)	—	—	(167.3%)	(49.5%)	—	(217.9%)	(27.9%)	0.4%	4.9%	5.1%	7.9%	11.4%	9.4%	15.9%	20.9%	0.2%	4.6%	(4.8%)	—	—
Return on assets (ROA)	(9.3%)	(11.5%)	(16.2%)	(4.8%)	(8.8%)	(44.1%)	(9.6%)	0.1%	1.8%	1.9%	3.0%	4.3%	3.6%	6.1%	7.6%	0.1%	1.7%	(2.0%)	—	—
Return on invested capital (ROIC)	—	—	—	—	—	—	—	1.0%	7.0%	6.2%	12.5%	13.7%	10.7%	14.9%	16.9%	1.9%	6.5%	(33.6%)	—	—
Liquidity
Current ratio	0.04×	0.07×	0.10×	0.39×	0.46×	0.47×	0.99×	0.89×	0.92×	0.96×	0.89×	0.92×	0.94×	0.95×	0.92×	0.85×	0.89×	0.94×	1.10×	—
Quick ratio	0.04×	0.07×	0.10×	0.15×	0.28×	0.36×	0.19×	0.17×	0.18×	0.18×	0.16×	0.15×	0.16×	0.18×	0.10×	0.11×	0.14×	0.13×	0.26×	—
Leverage
Debt to equity	—	—	2,740.9%	302.9%	2,883.2%	—	133.3%	132.9%	118.1%	126.8%	121.5%	130.6%	126.1%	126.2%	119.4%	157.9%	179.9%	116.5%	95.4%	—
Debt to capital	140.8%	118.2%	96.5%	75.2%	96.6%	104.0%	57.1%	57.1%	54.1%	55.9%	54.9%	56.6%	55.8%	55.8%	54.4%	61.2%	64.3%	53.8%	48.8%	—
Debt to assets	67.6%	62.0%	59.1%	47.9%	61.7%	68.0%	47.8%	43.8%	41.6%	46.8%	47.4%	47.9%	48.7%	48.3%	46.7%	52.1%	58.9%	50.8%	39.7%	—
Assets to equity	—	—	10.35×	10.33×	—	4.94×	2.91×	2.93×	2.77×	2.64×	2.64×	2.66×	2.60×	2.59×	2.77×	3.04×	2.67×	2.34×	—	—
Efficiency
Asset turnover	0.02×	0.01×	0.09×	0.41×	0.42×	0.58×	0.38×	0.59×	0.67×	0.85×	1.07×	0.95×	1.05×	1.38×	0.95×	0.78×	0.61×	0.70×	—	—
Receivable days days	1	6	54	35	99	48	21	16	16	16	13	15	17	12	15	25	31	23	—	—
Inventory days days	0	4	93	87	73	104	311	232	212	182	142	175	160	125	194	217	263	185	—	—
Payable days days	651	802	222	133	163	76	113	75	52	33	25	23	16	10	9	8	9	6	—	—
Cash conversion cycle days	(652)	(793)	(75)	(11)	9	75	219	172	176	165	130	167	161	127	200	234	285	202	—	—
Dividends
Dividend payout ratio	—	—	—	—	—	—	—	0.0%	0.0%	0.0%	0.0%	39.8%	51.2%	32.6%	28.8%	0.0%	0.0%	—	0.0%	—
Earnings retention rate	—	—	—	—	—	—	—	1.00×	1.00×	1.00×	1.00×	0.60×	0.49×	0.67×	0.71×	1.00×	1.00×	—	1.00×	—

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

HIRAT: frequently asked questions

What is HIRAT's EPS?

Hira Textile Mills Limited reported basic earnings per share of Rs -3.25 for FY2024 (Jul 2023 – Jun 2024). Over the trailing twelve months (TTM to Mar 2025) EPS was Rs -2.79.

What was HIRAT's revenue and profit in FY2024?

Hira Textile Mills Limited reported revenue of Rs 72.8 mn and profit attributable to shareholders of -Rs 281.3 mn for FY2024 (Jul 2023 – Jun 2024).

What is HIRAT's book value per share?

Hira Textile Mills Limited's book value per share was Rs -6.67 at the end of FY2024.

Information only, not investment advice.