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 ₹ 1,192 Cr.
- Current Price ₹ 24.4
- High / Low ₹ 28.3 / 10.9
- Stock P/E 90.2
- Book Value ₹ 8.32
- Dividend Yield 0.00 %
- ROCE 4.81 %
- ROE 3.30 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 2.93 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.98% 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 164 | 152 | 184 | 200 | |
| 150 | 136 | 166 | 179 | |
| Operating Profit | 14 | 16 | 18 | 21 |
| OPM % | 8% | 11% | 10% | 11% |
| 1 | 0 | 1 | 1 | |
| Interest | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 2 | 2 |
| Profit before tax | 13 | 15 | 16 | 19 |
| Tax % | 29% | 30% | 29% | 30% |
| 9 | 10 | 11 | 13 | |
| EPS in Rs | 0.19 | 0.21 | 0.23 | 0.27 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 59% |
| 3 Years: | -8% |
| 1 Year: | 79% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 26 | 35 | 49 | 49 |
| Reserves | 346 | 348 | 345 | 357 |
| 5 | 9 | 10 | 6 | |
| 41 | 54 | 62 | 53 | |
| Total Liabilities | 418 | 445 | 465 | 466 |
| 347 | 351 | 350 | 351 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 71 | 94 | 115 | 115 | |
| Total Assets | 418 | 445 | 465 | 466 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -1 | 2 | 2 | 7 | |
| -0 | -6 | -1 | -3 | |
| 1 | 4 | -0 | -5 | |
| Net Cash Flow | 0 | 0 | 0 | 0 |
| Free Cash Flow | -1 | -3 | 1 | 5 |
| CFO/OP | 21% | 40% | 35% | 62% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 56 | 75 | 85 | 84 |
| Inventory Days | 91 | 143 | 140 | 112 |
| Days Payable | 81 | 113 | 100 | 81 |
| Cash Conversion Cycle | 66 | 105 | 125 | 115 |
| Working Capital Days | 64 | 84 | 92 | 107 |
| ROCE % | 4% | 4% | 5% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Employee Count (Standalone) Count ・Standalone data |
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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
- Declaration Of Results Of Remote E-Voting At The (01/2026-27) First Extra-Ordinary General Meeting (EGM) Held On Friday, July 03, 2026 At 02:00 P.M. 2d
-
Announcement under Regulation 30 (LODR)-Issue of Securities
2d - Hardwyn India approved 2:5 bonus shares at July 3, 2026 EGM.
-
Announcement under Regulation 30 (LODR)-Change in Management
2d - Shareholders approved Yogesh Kumar Garg as Independent Director for five years from June 5, 2026.
-
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
2d - EGM on July 3, 2026 approved MOA amendment to raise authorized share capital to ₹70 crore.
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Scrutinizer''s Report For Extra Ordinary General Meeting Held On 3Rd July 2026
2d - EGM approved authorized capital increase, bonus shares, and regularized Yogesh Kumar Garg’s 5-year appointment.
Business Overview:[1]
HIL manufactures architectural hardware and glass fittings and offers solutions for residential and commercial structures