Hardwyn India Ltd
Hardwyn India Ltd is a manufacturer of architectural hardware and glass fittings, which provides complete solution to residential and commercial structures.[1]
- Market Cap ₹ 1,315 Cr.
- Current Price ₹ 37.7
- High / Low ₹ 57.2 / 17.3
- Stock P/E 145
- Book Value ₹ 10.7
- Dividend Yield 0.00 %
- ROCE 6.83 %
- ROE 4.66 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 164% CAGR over last 5 years
- Debtor days have improved from 110 to 61.7 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 6.39% over last 3 years.
- Promoter holding has decreased over last 3 years: -24.9%
* 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 | TTM | |
---|---|---|---|---|---|---|---|
18 | 42 | 12 | 57 | 84 | 124 | 126 | |
18 | 42 | 11 | 55 | 79 | 111 | 113 | |
Operating Profit | 0 | 0 | 0 | 2 | 5 | 13 | 13 |
OPM % | 1% | 1% | 4% | 4% | 6% | 11% | 10% |
-0 | 0 | -0 | 0 | 0 | 1 | 1 | |
Interest | -0 | 0 | 0 | 0 | 1 | 1 | 1 |
Depreciation | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | 0 | 0 | 2 | 5 | 13 | 13 |
Tax % | 20% | 25% | 31% | 27% | 28% | 29% | |
0 | 0 | 0 | 2 | 3 | 9 | 9 | |
EPS in Rs | 0.01 | 0.00 | 0.00 | 0.08 | 0.17 | 0.26 | 0.35 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 121% |
TTM: | 48% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 164% |
3 Years: | 349% |
TTM: | 165% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 149% |
3 Years: | 271% |
1 Year: | 85% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
7 | 10 | 10 | 10 | 10 | 26 | |
Reserves | 0 | 0 | 0 | 2 | 5 | 346 |
-0 | 6 | 0 | 5 | 7 | 5 | |
2 | 1 | 3 | 22 | 35 | 32 | |
Total Liabilities | 9 | 17 | 13 | 39 | 57 | 409 |
0 | 0 | 0 | 0 | 1 | 1 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | -0 | -0 | -0 | -0 | -0 | 348 |
9 | 17 | 13 | 39 | 56 | 60 | |
Total Assets | 9 | 17 | 13 | 39 | 57 | 409 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
-7 | -9 | 6 | -4 | -0 | 4 | |
-0 | -0 | -0 | -0 | -1 | -0 | |
7 | 9 | -6 | 5 | 1 | -3 | |
Net Cash Flow | 0 | -0 | -0 | 1 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 178 | 148 | 291 | 135 | 132 | 62 |
Inventory Days | 1 | -0 | 6 | 69 | 71 | 113 |
Days Payable | 45 | 83 | 146 | 163 | 97 | |
Cash Conversion Cycle | 134 | 148 | 214 | 58 | 40 | 78 |
Working Capital Days | 139 | 140 | 327 | 100 | 87 | 78 |
ROCE % | 2% | 3% | 17% | 27% | 7% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Meeting Updates
6h - Proceedings/outcome of the 06th Annual General Meeting of Hardwyn India Limited held on Saturday, 30th September 2023 at 01:00 P.M. through Video-conferencing.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 6h
- Board Meeting Outcome for Outcome Of Board Meeting For Incorporation Of Subsidiary Company 1d
- Closure of Trading Window 1d
- Board Meeting Outcome for DISCUSSION ON CLARIFICATION SOUGHT BY NSE ON SCHEME OF ARRANGEMENT BETWEEN HARDWYN INDIA LIMITED (TRANSFEREE COMPANY) AND FIBA HARDWYN LOCKS LIMITED (TRANSFEROR COMPANY). 18 Sep
Product Offerings
The company's product portfolio consists of a wide range of hardware products i.e. door closers, floor springs, glass patch fittings, point fixed architectural fittings, shower enclosure fittings, shower hinges, plastic profiles, stainless steel railings, cylindrical locks, furniture locks, etc.[1]