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 ₹ 688 Cr.
- Current Price ₹ 14.1
- High / Low ₹ 33.9 / 10.8
- Stock P/E 64.0
- 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.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Furniture, Home Furnishing
Part of BSE SmallCap
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: | 94% |
3 Years: | 18% |
1 Year: | -37% |
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
-
Closure of Trading Window
26 Jun - Trading window closed from July 1, 2025, till 48 hours post Q1 results announcement.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Jun - Standalone and consolidated audited financial results for FY and Q4 ended 31 March 2025 published.
-
Declaration Pursuant To Regulation 33(3)(D) Of The SEBI (LODR) (Amendment) Regulations, 2016
7 Jun - 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
7 Jun - 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.
Business Overview:[1]
HIL manufactures architectural hardware and glass fittings and offers solutions for residential and commercial structures