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 ₹ 1,074 Cr.
- Current Price ₹ 30.8
- High / Low ₹ 52.0 / 26.0
- Stock P/E 110
- Book Value ₹ 11.0
- Dividend Yield 0.00 %
- ROCE 3.92 %
- ROE 2.58 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 218% CAGR over last 5 years
Cons
- Stock is trading at 2.81 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 3.79% 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 | |
---|---|---|---|---|---|---|---|
18 | 42 | 12 | 57 | 84 | 124 | 136 | |
18 | 42 | 11 | 55 | 79 | 111 | 120 | |
Operating Profit | 0 | 0 | 0 | 2 | 5 | 13 | 16 |
OPM % | 1% | 1% | 4% | 4% | 6% | 11% | 12% |
0 | 0 | 0 | 0 | 0 | 1 | 0 | |
Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Profit before tax | 0 | 0 | 0 | 2 | 5 | 13 | 14 |
Tax % | 20% | 25% | 31% | 27% | 28% | 29% | 30% |
0 | 0 | 0 | 2 | 3 | 9 | 10 | |
EPS in Rs | 0.01 | 0.00 | 0.00 | 0.08 | 0.17 | 0.26 | 0.28 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 33% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 218% |
3 Years: | 85% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 114% |
3 Years: | 115% |
1 Year: | -22% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 4% |
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 | |
---|---|---|---|---|---|---|---|
Equity Capital | 7 | 10 | 10 | 10 | 10 | 26 | 35 |
Reserves | 0 | 0 | 0 | 2 | 5 | 346 | 347 |
0 | 6 | 0 | 5 | 7 | 5 | 9 | |
2 | 1 | 3 | 22 | 35 | 32 | 52 | |
Total Liabilities | 9 | 17 | 13 | 39 | 57 | 409 | 443 |
0 | 0 | 0 | 0 | 1 | 1 | 5 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 348 | 348 |
9 | 17 | 13 | 39 | 56 | 60 | 90 | |
Total Assets | 9 | 17 | 13 | 39 | 57 | 409 | 443 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-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 | |
---|---|---|---|---|---|---|---|
Debtor Days | 178 | 148 | 291 | 135 | 132 | 62 | 84 |
Inventory Days | 1 | 0 | 6 | 69 | 71 | 113 | 148 |
Days Payable | 45 | 83 | 146 | 163 | 97 | 139 | |
Cash Conversion Cycle | 134 | 148 | 214 | 58 | 40 | 78 | 92 |
Working Capital Days | 139 | 140 | 327 | 100 | 87 | 78 | 98 |
ROCE % | 2% | 3% | 17% | 27% | 7% |
Documents
Announcements
- Closure of Trading Window 23h
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Jun - Newspaper Advertisement titled statement of Standalone and Consolidated Audited Financial Results for the Quarter and year ended on 31st March 2024.
- Outcome Of The Board Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015 1 Jun
-
Announcement under Regulation 30 (LODR)-Change in Management
1 Jun - Appointment of Ms. Ankita Jain as Company Secretary & Compliance officer of the Company with effect from 01 June 2024.
-
Appointment of Company Secretary and Compliance Officer
1 Jun - Appointment of Ms. Ankita Jain as Company Secretary and Compliance officer of the Company with effect from 01 June 2024.
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]