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 ₹ 1,181 Cr.
- Current Price ₹ 33.8
- High / Low ₹ 52.0 / 26.0
- Stock P/E 94.6
- Book Value ₹ 11.1
- 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 3.05 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 | 143 | |
18 | 42 | 11 | 55 | 79 | 111 | 120 | 122 | |
Operating Profit | 0 | 0 | 0 | 2 | 5 | 13 | 16 | 20 |
OPM % | 1% | 1% | 4% | 4% | 6% | 11% | 12% | 14% |
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 | 2 |
Profit before tax | 0 | 0 | 0 | 2 | 5 | 13 | 14 | 18 |
Tax % | 20% | 25% | 31% | 27% | 28% | 29% | 30% | |
0 | 0 | 0 | 2 | 3 | 9 | 10 | 12 | |
EPS in Rs | 0.01 | 0.00 | 0.00 | 0.08 | 0.17 | 0.26 | 0.28 | 0.35 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 33% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 218% |
3 Years: | 85% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 101% |
3 Years: | 101% |
1 Year: | -19% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 10 | 10 | 10 | 10 | 26 | 35 | 35 |
Reserves | 0 | 0 | 0 | 2 | 5 | 346 | 347 | 352 |
0 | 6 | 0 | 5 | 7 | 5 | 9 | 6 | |
2 | 1 | 3 | 22 | 35 | 32 | 52 | 52 | |
Total Liabilities | 9 | 17 | 13 | 39 | 57 | 409 | 443 | 446 |
0 | 0 | 0 | 0 | 1 | 1 | 5 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 348 | 348 | 348 |
9 | 17 | 13 | 39 | 56 | 60 | 90 | 93 | |
Total Assets | 9 | 17 | 13 | 39 | 57 | 409 | 443 | 446 |
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
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - Appointment of M/s Amit Saxena & Associates as Secretarial Auditor.
-
Board Meeting Outcome for Appointment Of Secretarial Auditor For The Financial Year 2023-24
2d - Appointment of M/s Amit Saxena & Associates as Secretarial Auditor.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Newspaper advertisement titled statement of Standalone Un-audited Financial Results for the Quarter and Half Year ended on 30th September, 2024
-
Board Meeting Outcome for Un-Audited Financial Results Of The Company For The 2Nd Quarter And Half Year Ended September 30, 2024, Of The Financial Year 2024-25, Issue Of Bonus Share And Increase In Authorized Capital Of The Company
14 Nov - Approval of financial results and bonus share issue.
-
Un-Audited Financial Results Of The Company For The 2Nd Quarter And Half Year Ended September 30, 2024, Of The Financial Year 2024-25
14 Nov - Approved financial results and bonus share issue.
Business Overview:[1]
HIL manufactures architectural hardware and glass fittings and offers solutions for residential and commercial structures