Sharescart Research Club logo

Hardcastle&Waud Mfg Overview

Hardcastle & Waud Manufacturing Company Limited is a distinguished name in the Indian manufacturing sector, known for its excellence in engineering and industrial solutions. Established over a century ago, the company has built a reputation for producing high-quality equipment and machinery, particularly for sectors like automotive, textiles, and engineering. Hardcastle & Waud is renowned for its commitment to innovation and technical expertise, offering a diverse range of products tailored to meet the needs of its customers. The company has m...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Hardcastle&Waud Mfg Key Financials

Market Cap ₹48 Cr.

Stock P/E 37.3

P/B 1

Current Price ₹707.1

Book Value ₹ 718.3

Face Value 10

52W High ₹854

Dividend Yield 0%

52W Low ₹ 0

Hardcastle&Waud Mfg Share Price

₹ | |

Volume
Price

Hardcastle&Waud Mfg Quarterly Price

Show Value Show %

Hardcastle&Waud Mfg Peer Comparison

Hardcastle&Waud Mfg Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1 2 1 2 1 1 2 2 2 3
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 1 2 1 2 1 1 2 2 2 3
Total Expenditure 1 1 0 0 1 0 1 1 2 1
Operating Profit 1 1 1 1 1 1 1 1 1 2
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 1 1 0 1 0 1 1 2
Provision for Tax -0 0 0 -0 1 0 0 0 0 0
Profit After Tax 1 1 1 1 -1 1 0 1 1 1
Adjustments -0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments 1 1 1 1 -1 1 0 1 1 1
Adjusted Earnings Per Share 10.1 11.3 8 16.8 -8.1 9 1.3 11.3 10.4 20.8

Hardcastle&Waud Mfg Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 4 7 8 4 3 4 3 4 4 5 6 9
Other Income 2 0 0 0 0 0 0 0 0 0 0 0
Total Income 6 7 8 4 3 4 3 4 4 6 6 9
Total Expenditure 5 5 3 3 3 2 2 2 2 2 3 5
Operating Profit 1 2 5 2 1 2 1 2 2 4 4 5
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 1 1 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 2 5 1 0 1 1 2 1 3 3 4
Provision for Tax -0 11 1 0 0 0 1 1 0 0 1 0
Profit After Tax 1 -10 4 1 0 1 0 1 1 3 1 3
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 -10 4 1 0 1 0 1 1 3 1 3
Adjusted Earnings Per Share 19.2 -144.1 59.4 16.1 1.8 13.3 0.1 18.7 16.1 37.9 18.9 43.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 20% 14% 8% 4%
Operating Profit CAGR 0% 26% 15% 15%
PAT CAGR -67% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -11% 20% 31% 9%
ROE Average 3% 4% 3% 1%
ROCE Average 6% 5% 5% 5%

Hardcastle&Waud Mfg Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 46 36 36 37 37 35 35 40 42 44 46
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities -10 1 -0 -0 -0 -1 -1 1 1 1 2
Total Current Liabilities 2 3 2 2 3 3 3 2 1 1 1
Total Liabilities 38 39 38 39 39 37 37 44 43 46 49
Fixed Assets 7 7 3 3 4 11 4 5 6 5 6
Other Non-Current Assets 11 30 34 35 35 23 29 26 25 36 39
Total Current Assets 20 2 1 1 1 2 4 13 12 5 3
Total Assets 38 39 38 39 39 37 37 44 43 46 49

Hardcastle&Waud Mfg Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0 0 0 0 0 0 0 2
Cash Flow from Operating Activities 17 1 -2 -1 1 0 1 3 -3 3 1
Cash Flow from Investing Activities -17 -1 2 1 -1 -0 -1 -3 3 -2 -2
Cash Flow from Financing Activities -0 -0 0 0 0 -0 -0 0 0 0 0
Net Cash Inflow / Outflow 0 -0 -0 -0 0 -0 0 0 0 2 -2
Closing Cash & Cash Equivalent 1 0 0 0 0 0 0 0 0 2 0

Hardcastle&Waud Mfg Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 19.18 -144.14 59.4 16.06 1.76 13.26 0.14 18.72 16.13 37.94 18.94
CEPS(Rs) 23.92 -139.28 64.67 21.85 7.32 19.22 7.11 27.38 25.64 47.84 29.58
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 670.23 526.08 524.44 541.2 541.7 516.53 513.71 591.84 614.63 654.53 669.95
Core EBITDA Margin(%) -23.7 28.26 63.74 37.24 12.75 41.94 28.25 53.64 45.11 60.16 52.01
EBIT Margin(%) 30.78 23.61 61.31 30.92 6.6 35.14 17.67 44.39 33.39 55.77 47.25
Pre Tax Margin(%) 30.73 23.59 61.31 30.92 6.49 35.13 17.65 44.39 33.39 55.77 47.25
PAT Margin (%) 35.61 -139.21 49.12 25.89 4.15 25.6 0.29 30.57 28.04 47.64 21.85
Cash Profit Margin (%) 44.43 -134.51 53.48 35.23 17.23 37.09 15.15 44.71 44.57 60.06 34.12
ROA(%) 3.45 -25.3 10.45 2.84 0.31 2.37 0.03 3.17 2.52 5.78 2.72
ROE(%) 2.9 -24.1 11.31 3.01 0.33 2.51 0.03 3.39 2.67 5.98 2.86
ROCE(%) 2.51 4.09 14.11 3.6 0.52 3.43 1.61 4.92 3.18 7 6.18
Receivable days 892.78 21.85 16.98 30 44.66 32.31 51.25 38.81 16.84 0 38.01
Inventory Days 0.55 0.3 0 1.07 2.64 15.21 0 0 0 0 0
Payable days 40.76 48.2 46.91 0 10.41 27.38 37.45 73.93 80.23 46.51 103.72
PER(x) 21.54 0 4.99 21.17 153.04 11.16 1286.93 13.89 21.1 16.34 34.33
Price/Book(x) 0.62 0.59 0.56 0.63 0.5 0.29 0.34 0.44 0.55 0.95 0.97
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 7.5 2.96 2.41 5.4 6.32 2.84 3.67 4.17 5.8 7.42 7.45
EV/Core EBITDA(x) 18.95 10.46 3.67 13.42 32.14 6.08 11.29 7.13 11.62 10.87 12.52
Net Sales Growth(%) 16.34 92.3 16.79 -48.71 -31.51 21.95 -9.35 30.4 -6.05 38.47 8.81
EBIT Growth(%) 368.22 47.5 203.29 -74.13 -85.39 549.67 -54.41 227.53 -29.33 131.27 -7.82
PAT Growth(%) 730.46 -851.66 141.21 -72.96 -89.02 652.09 -98.98 0 -13.82 135.25 -50.09
EPS Growth(%) 730.46 -851.66 141.21 -72.96 -89.02 652.1 -98.98 0 -13.82 135.25 -50.09
Debt/Equity(x) 0 0 0 0 0.01 0 0 0 0 0 0
Current Ratio(x) 8.22 0.76 0.39 0.53 0.28 0.91 1.58 5.25 18.22 6.35 2.41
Quick Ratio(x) 8.22 0.76 0.39 0.52 0.27 0.81 1.58 5.25 18.22 6.35 2.41
Interest Cover(x) 653.94 1374.08 0 0 61.48 2509.1 895.82 0 0 0 0
Total Debt/Mcap(x) 0 0 0 0 0.01 0 0 0 0 0 0

Hardcastle&Waud Mfg Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 73.61 73.61 73.61 73.61 73.61 73.61 73.61 73.61 73.61 73.61
FII 0 0 0 0 0 0 0 0 0 0
DII 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08
Public 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Hardcastle&Waud Mfg News

Hardcastle&Waud Mfg Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 4% over the last 3 years.
  • Debtor days have increased from 46.51 to 103.72days.
whatsapp