Hawa Engineers Ltd
Incorporated in 1993, Hawa Engineers Ltd is
in the business of manufacturing Industrial Valves.[1]
- Market Cap ₹ 26.5 Cr.
- Current Price ₹ 75.0
- High / Low ₹ 160 / 70.0
- Stock P/E 11.9
- Book Value ₹ 59.2
- Dividend Yield 0.00 %
- ROCE 14.6 %
- ROE 8.41 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 7.82% over last 3 years.
- Contingent liabilities of Rs.9.09 Cr.
- Promoter holding has decreased over last 3 years: -5.97%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 48 | 46 | 43 | 50 | 55 | 48 | 45 | 48 | 73 | 102 | 120 | 121 | 119 | |
| 46 | 43 | 40 | 47 | 52 | 45 | 42 | 45 | 70 | 98 | 114 | 115 | 112 | |
| Operating Profit | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 6 | 6 | 7 |
| OPM % | 5% | 5% | 6% | 6% | 6% | 7% | 6% | 6% | 4% | 4% | 5% | 5% | 6% |
| 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 3 | 3 | 4 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
| Tax % | 19% | 32% | 34% | 43% | 34% | 30% | 2% | 22% | 19% | 52% | 21% | 33% | |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | |
| EPS in Rs | 2.58 | 1.93 | 1.93 | 2.01 | 2.78 | 2.10 | 2.41 | 2.27 | 3.09 | 1.99 | 5.10 | 4.54 | 6.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 22% |
| 3 Years: | 18% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 13% |
| 3 Years: | 14% |
| TTM: | 30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 25% |
| 3 Years: | 0% |
| 1 Year: | -30% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 6 | 7 | 7 | 8 | 9 | 10 | 10 | 11 | 12 | 13 | 15 | 16 | 17 |
| 7 | 7 | 8 | 12 | 8 | 8 | 8 | 9 | 16 | 17 | 19 | 16 | 22 | |
| 12 | 11 | 12 | 15 | 18 | 15 | 15 | 16 | 14 | 19 | 29 | 25 | 24 | |
| Total Liabilities | 29 | 27 | 31 | 38 | 38 | 36 | 36 | 40 | 46 | 53 | 67 | 61 | 67 |
| 6 | 7 | 7 | 8 | 9 | 8 | 7 | 7 | 6 | 6 | 6 | 5 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 23 | 21 | 24 | 30 | 28 | 27 | 28 | 33 | 40 | 47 | 61 | 56 | 62 | |
| Total Assets | 29 | 27 | 31 | 38 | 38 | 36 | 36 | 40 | 46 | 53 | 67 | 61 | 67 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | -0 | 1 | 2 | 7 | 3 | 1 | -3 | -6 | 2 | 5 | 7 | |
| 0 | -1 | -1 | -2 | -2 | 0 | 0 | 0 | 0 | -0 | -1 | -1 | |
| 2 | -1 | 0 | 3 | -5 | -2 | -2 | 0 | 6 | -1 | -1 | -6 | |
| Net Cash Flow | 4 | -3 | -0 | 3 | 0 | 1 | -1 | -2 | 1 | 1 | 3 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 68 | 82 | 70 | 64 | 54 | 49 | 50 | 78 | 64 | 63 | 61 |
| Inventory Days | 43 | 47 | 83 | 81 | 86 | 101 | 125 | 189 | 116 | 114 | 79 | 79 |
| Days Payable | 53 | 52 | 92 | 99 | 100 | 97 | 107 | 118 | 63 | 46 | 69 | 52 |
| Cash Conversion Cycle | 59 | 63 | 73 | 52 | 49 | 59 | 68 | 121 | 131 | 132 | 73 | 88 |
| Working Capital Days | 27 | 36 | 48 | 27 | 32 | 29 | 40 | 80 | 51 | 51 | 46 | 48 |
| ROCE % | 14% | 12% | 12% | 12% | 13% | 14% | 10% | 10% | 10% | 12% | 15% | 15% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Foreign Exchange Earnings (Exports) INR Lakhs |
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| Number of Permanent Employees Number |
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| Debtors Turnover Ratio Ratio |
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Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 21 Jan
-
Result For The Quarter Ended On 31.12.2025
10 Jan - Board approved unaudited financial results and limited review for quarter/nine months ended 31 Dec 2025; meeting on 10 Jan 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting
10 Jan - Hawa Engineers approved unaudited financial results for quarter/nine months ended 31 Dec 2025.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan
-
Board Meeting Intimation for The Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015
5 Jan - Board meeting 10 Jan 2026 to approve unaudited Q3/9M results (ended 31 Dec 2025); trading window closed.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2002
from bse
Busienss Overview:[1]
HEL manufactures a wide range of industrial valves under the MARCK brand, including gate, globe, check, ball, butterfly, diaphragm, plug, knife-edge, control valves, steam traps, strainers, air valves, and flanges. These products are made from materials such as cast iron, carbon steel, stainless steel, alloy steel, forged steel, and bronze. The company serves both domestic and global markets.