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Hardwyn India Overview

Hardwyn India Ltd engages inside the buying and selling of aluminum products under the Hardwyn logo in India and internationally. The company's products comprises door closers, floor springs, glass patch fittings, point fixed architectural fittings, shower enclosure fittings, bathe hinges, plastic profiles, mortise handle with and locks, spider fittings, bathe sliding system, motion gate series, automated and bathe doors, stainless steel railings and balustrades, brass and zinc handles, cylindrical and fixtures locks, telescopic channels, and e...Read More

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Hardwyn India Key Financials

Market Cap ₹1328 Cr.

Stock P/E 118.2

P/B 3.3

Current Price ₹27.2

Book Value ₹ 8.3

Face Value 1

52W High ₹27.3

Dividend Yield 0%

52W Low ₹ 10.9

Hardwyn India Share Price

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Volume
Price

Hardwyn India Quarterly Price

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Hardwyn India Peer Comparison

Hardwyn India 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 32 40 44 41 52 46 46 43 51 49
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 32 40 44 41 52 47 46 43 51 49
Total Expenditure 30 33 38 38 45 40 43 37 44 46
Operating Profit 2 7 6 2 6 7 3 6 7 3
Interest 0 1 0 0 0 1 0 0 0 0
Depreciation 0 0 1 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 6 5 2 6 6 3 5 6 2
Provision for Tax 1 2 2 1 2 2 1 2 2 1
Profit After Tax 1 4 3 1 4 4 2 4 4 2
Adjustments 0 0 0 0 0 0 -0 -0 0 0
Profit After Adjustments 1 4 3 1 4 4 2 4 4 2
Adjusted Earnings Per Share 0 0.1 0.1 0 0.1 0.1 0 0.1 0.1 0

Hardwyn India Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 165 153 185 189
Other Income 1 0 1 0
Total Income 165 153 185 189
Total Expenditure 151 136 167 170
Operating Profit 14 17 19 19
Interest 1 1 1 0
Depreciation 0 1 2 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 13 15 16 16
Provision for Tax 4 4 5 6
Profit After Tax 9 10 11 12
Adjustments 0 0 0 0
Profit After Adjustments 9 10 11 12
Adjusted Earnings Per Share 0.2 0.2 0.2 0.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 21% 0% 0% 0%
Operating Profit CAGR 12% 0% 0% 0%
PAT CAGR 10% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 109% 12% 66% NA%
ROE Average 3% 3% 3% 3%
ROCE Average 4% 4% 4% 4%

Hardwyn India Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 373 382 393
Minority's Interest 5 5 5
Borrowings 0 0 0
Other Non-Current Liabilities -0 1 0
Total Current Liabilities 41 61 70
Total Liabilities 418 449 469
Fixed Assets 347 351 350
Other Non-Current Assets 0 0 0
Total Current Assets 71 98 119
Total Assets 418 449 469

Hardwyn India Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 2
Cash Flow from Operating Activities -1 2 2
Cash Flow from Investing Activities -0 -6 -1
Cash Flow from Financing Activities 1 4 -0
Net Cash Inflow / Outflow 0 0 0
Closing Cash & Cash Equivalent 1 2 2

Hardwyn India Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.19 0.21 0.23
CEPS(Rs) 0.2 0.23 0.27
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 7.63 7.83 8.05
Core EBITDA Margin(%) 8.23 10.78 9.77
EBIT Margin(%) 8.49 10.32 9.24
Pre Tax Margin(%) 7.96 9.55 8.59
PAT Margin (%) 5.64 6.7 6.08
Cash Profit Margin (%) 5.81 7.49 7.04
ROA(%) 2.22 2.36 2.45
ROE(%) 2.49 2.71 2.9
ROCE(%) 3.7 4.11 4.3
Receivable days 55.52 67.44 73.43
Inventory Days 77.47 100.3 106.64
Payable days 81.19 102.03 96.2
PER(x) 72.07 113.75 49.2
Price/Book(x) 1.8 3.04 1.4
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 4.08 7.66 3.03
EV/Core EBITDA(x) 47.11 68.95 29.75
Net Sales Growth(%) 0 -7.17 20.78
EBIT Growth(%) 0 12.86 8.12
PAT Growth(%) 0 10.3 9.72
EPS Growth(%) 0 10.31 9.69
Debt/Equity(x) 0.01 0.02 0.02
Current Ratio(x) 1.74 1.61 1.69
Quick Ratio(x) 0.89 0.8 0.85
Interest Cover(x) 16.24 13.45 14.21
Total Debt/Mcap(x) 0.01 0.01 0.02

Hardwyn India Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 43.77 43.77 43.77 43.77 43.77 43.77 43.77 43.77 43.77 43.77
FII 0.46 0.47 0.46 0.49 0.07 0.91 0.01 0.01 0.64 0.64
DII 0 0 0 0 0.46 0.46 0.46 0.46 0.46 0.46
Public 55.77 55.76 55.77 55.75 55.7 54.86 55.76 55.76 55.13 55.13
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Hardwyn India News

Hardwyn India Pros & Cons

Pros

  • Debtor days have improved from 102.03 to 96.2days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 43.77%.
  • Company has a low return on equity of 3% over the last 3 years.
  • Stock is trading at 3.3 times its book value.
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