Hardwyn India Ltd
Incorporated in 2017, Hardwyn India Ltd is in the business of wholesale and retail trade of Architectural Hardware and Glass fittings, Kitchen Hardware, Accessories and Appliances[1]
- Market Cap ₹ 708 Cr.
- Current Price ₹ 14.5
- High / Low ₹ 33.9 / 10.8
- Stock P/E 65.9
- Book Value ₹ 8.05
- Dividend Yield 0.00 %
- ROCE 4.13 %
- ROE 2.77 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 155% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.08% over last 3 years.
- Promoter holding has decreased over last 3 years: -31.1%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
18 | 42 | 12 | 57 | 84 | 124 | 135 | 142 | |
18 | 42 | 11 | 55 | 79 | 111 | 119 | 124 | |
Operating Profit | 0 | 0 | 0 | 2 | 5 | 13 | 16 | 17 |
OPM % | 1% | 1% | 4% | 4% | 6% | 11% | 12% | 12% |
0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | |
Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
Profit before tax | 0 | 0 | 0 | 2 | 5 | 13 | 14 | 15 |
Tax % | 20% | 25% | 31% | 27% | 28% | 29% | 30% | 29% |
0 | 0 | 0 | 2 | 3 | 9 | 10 | 11 | |
EPS in Rs | 0.00 | 0.00 | 0.00 | 0.05 | 0.12 | 0.19 | 0.20 | 0.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 65% |
3 Years: | 19% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 155% |
3 Years: | 47% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 87% |
3 Years: | 18% |
1 Year: | -30% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 10 | 10 | 10 | 10 | 26 | 35 | 49 |
Reserves | 0 | 0 | 0 | 2 | 5 | 346 | 347 | 344 |
0 | 6 | 0 | 5 | 7 | 5 | 9 | 10 | |
2 | 1 | 3 | 22 | 35 | 32 | 52 | 47 | |
Total Liabilities | 9 | 17 | 13 | 39 | 57 | 409 | 443 | 449 |
0 | 0 | 0 | 0 | 1 | 1 | 5 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 348 | 348 | 348 |
9 | 17 | 13 | 39 | 56 | 60 | 90 | 97 | |
Total Assets | 9 | 17 | 13 | 39 | 57 | 409 | 443 | 449 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
-7 | -9 | 6 | -4 | -0 | 4 | 2 | ||
-0 | -0 | -0 | -0 | -1 | -0 | -5 | ||
7 | 9 | -6 | 5 | 1 | -3 | 3 | ||
Net Cash Flow | 0 | -0 | 0 | 1 | 0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 178 | 148 | 291 | 135 | 132 | 62 | 84 | 81 |
Inventory Days | 1 | 0 | 6 | 69 | 71 | 113 | 152 | 166 |
Days Payable | 45 | 83 | 146 | 163 | 97 | 143 | 103 | |
Cash Conversion Cycle | 134 | 148 | 214 | 58 | 40 | 78 | 93 | 144 |
Working Capital Days | 139 | 140 | 327 | 100 | 87 | 78 | 98 | 125 |
ROCE % | 2% | 3% | 17% | 27% | 7% | 4% | 4% |
Documents
Announcements
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Declaration Pursuant To Regulation 33(3)(D) Of The SEBI (LODR) (Amendment) Regulations, 2016
9h - Audited standalone and consolidated financial results for year ended March 31, 2025 approved and declared.
-
Board Meeting Outcome for Outcome Of The Board Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015
9h - Audited standalone and consolidated financial results for FY ended 31 March 2025 approved and published.
-
Board Meeting Intimation for Intimation Of The Board Meeting Pursuant To Regulation 29 Of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015
4 Jun - Board meeting rescheduled to June 7, 2025; trading window closed till 48 hours post results declaration.
-
Board Meeting Intimation for Intimation Of The Board Meeting Re-Scheduled Pursuant To Regulation 29 Of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015
30 May - Board meeting postponed to 4 June 2025 for audited FY25 results; trading window remains closed.
-
Board Meeting Intimation for Intimation Of The Board Meeting Pursuant To Regulation 29 Of SEBI (Listing
Obligations & Disclosures Requirements) Regulations, 2015
26 May - Board meeting on May 30 to approve FY25 audited financial results; trading window remains closed.
Business Overview:[1]
HIL manufactures architectural hardware and glass fittings and offers solutions for residential and commercial structures