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 ₹ 635 Cr.
- Current Price ₹ 9.20
- High / Low ₹ 20.2 / 7.61
- Stock P/E 53.2
- Book Value ₹ 5.93
- Dividend Yield 0.00 %
- ROCE 4.70 %
- ROE 3.18 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.85% over last 3 years.
* 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 Consumer Discretionary
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 18 | 42 | 12 | 57 | 84 | 124 | 135 | 141 | 160 | 158 | |
| 18 | 42 | 11 | 55 | 79 | 111 | 119 | 124 | 140 | 139 | |
| Operating Profit | 0 | 0 | 0 | 2 | 5 | 13 | 16 | 17 | 20 | 19 |
| OPM % | 0.6% | 0.6% | 4.2% | 3.6% | 6% | 11% | 12% | 12% | 13% | 12% |
| 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 |
| Profit before tax | 0 | 0 | 0 | 2 | 5 | 13 | 14 | 15 | 18 | 17 |
| Tax % | 20% | 25% | 31% | 27% | 28% | 29% | 30% | 29% | 30% | |
| 0 | 0 | 0 | 2 | 3 | 9 | 10 | 11 | 13 | 12 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.04 | 0.09 | 0.13 | 0.14 | 0.16 | 0.19 | 0.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 9% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 12% |
| TTM: | -9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | -23% |
| 1 Year: | 7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 10 | 10 | 10 | 10 | 26 | 35 | 49 | 49 |
| Reserves | 0 | 0 | 0 | 2 | 5 | 346 | 347 | 344 | 357 |
| 0 | 6 | 0 | 5 | 7 | 5 | 9 | 10 | 6 | |
| 2 | 1 | 3 | 22 | 35 | 32 | 52 | 47 | 40 | |
| Total Liabilities | 9 | 17 | 13 | 39 | 57 | 409 | 443 | 449 | 452 |
| 0 | 0 | 0 | 0 | 1 | 1 | 5 | 4 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 348 | 348 | 348 | 348 |
| 9 | 17 | 13 | 39 | 56 | 60 | 90 | 97 | 100 | |
| Total Assets | 9 | 17 | 13 | 39 | 57 | 409 | 443 | 449 | 452 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -7 | -9 | 6 | -4 | -0 | 4 | 2 | 1 | 7 | |
| -0 | -0 | -0 | -0 | -1 | -0 | -5 | -1 | -2 | |
| 7 | 9 | -6 | 5 | 1 | -3 | 3 | -1 | -4 | |
| Net Cash Flow | 0 | -0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -7 | -9 | 6 | -4 | -1 | 3 | -3 | 1 | 5 |
| CFO/OP | -6,830% | -3,775% | 1,298% | -146% | 22% | 56% | 41% | 35% | 61% |
Ratios
Standalone / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 178 | 148 | 291 | 135 | 132 | 62 | 84 | 82 | 89 |
| Inventory Days | 1 | 0 | 6 | 69 | 71 | 113 | 152 | 173 | 126 |
| Days Payable | 45 | 83 | 146 | 163 | 97 | 143 | 108 | 88 | |
| Cash Conversion Cycle | 134 | 148 | 214 | 58 | 40 | 78 | 93 | 147 | 127 |
| Working Capital Days | 139 | 88 | 326 | 69 | 58 | 64 | 76 | 101 | 116 |
| ROCE % | 2% | 3% | 17% | 27% | 7% | 4% | 4% | 5% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Employee Count (Standalone) Count |
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| Manufactured Goods Revenue Share (Consolidated) % of Total Revenue |
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| After-Sale Service Centers Count |
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| Dealer Network Count |
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| Marquee Institutional Clients Count |
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| Unique Products (SKUs) Count |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.
-
Closure of Trading Window
- Trading window closes from 1 October 2026 until 48 hours after Q2 FY27 results.
-
The Board Comments On Fine Levied By The Exchange.
- Hardwyn India noted ₹3.25 lakh fine for Regulation 17(1) non-compliance; board composition now restored.
-
Approval Received From Registrar Of Companies For Extension Of Time For Holding Annual General Meeting
- ROC granted Hardwyn India a three-month AGM extension for FY2025-26.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Hardwyn India appointed Eakam Sayal as Additional Director, effective August 29, 2026, subject to AGM approval.
Annual reports
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
Business Overview:[1]
HIL manufactures architectural hardware and glass fittings and offers solutions for residential and commercial structures