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 ₹ 1,366 Cr.
- Current Price ₹ 39.2
- High / Low ₹ 52.0 / 26.0
- Stock P/E 137
- 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 3.62 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 | TTM | |
---|---|---|---|---|---|---|---|---|
18 | 42 | 12 | 57 | 84 | 124 | 136 | 139 | |
18 | 42 | 11 | 55 | 79 | 111 | 120 | 123 | |
Operating Profit | 0 | 0 | 0 | 2 | 5 | 13 | 16 | 16 |
OPM % | 1% | 1% | 4% | 4% | 6% | 11% | 12% | 12% |
0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | |
Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 2 | 5 | 13 | 14 | 14 |
Tax % | 20% | 25% | 31% | 27% | 28% | 29% | 30% | |
0 | 0 | 0 | 2 | 3 | 9 | 10 | 10 | |
EPS in Rs | 0.01 | 0.00 | 0.00 | 0.08 | 0.17 | 0.26 | 0.28 | 0.28 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 33% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 218% |
3 Years: | 85% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 98% |
3 Years: | 114% |
1 Year: | 2% |
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% | 4% |
Documents
Announcements
- Closure of Trading Window 30 Sep
-
Clarification sought from Hardwyn India Ltd
16 Sep - Exchange has sought clarification from Hardwyn India Ltd on September 16, 2024 with reference to significant movement in price, in order to ensure that investors …
-
Intimation For Approval Of Extension Of AGM For FY 2023-2024
14 Sep - Extension granted for holding AGM until December 31, 2024.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Aug
-
Financial Result For Quarter Ended 30Th June 2024.
14 Aug - Board approved unaudited financial results for Q1 2024.
Business Overview:[1]
HIL manufactures architectural hardware and glass fittings and offers solutions for residential and commercial structures