Hardwyn India Limited HARDWYN NSEINFRA
Company Overview
Hardwyn India Limited engages in wholesale and retail trade of architectural hardware and glass fittings, kitchen hardware, accessories, and appliances in India. The company was formerly known as Garv Industries Limited and changed its name to Hardwyn India Limited in January 2020. Hardwyn India Limited was founded in 1965 and is based in New Delhi, India.
Why Investors Should Care
Net profit has compounded at 12.5% per year over the last five years.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹199.86 Cr (+8.3% YoY); net profit ₹13.21 Cr.
- Trailing 12 Months Year-on-year growth — revenue +8.3%, earnings +17.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 6.7%, profit CAGR 12.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 6.67% |
| 1 Year: | 8.27% |
Compounded Profit Growth
| 5 Years: | 12.48% |
| 1 Year: | 17.58% |
Stock Price Performance
| 1 Year: | +11.39% |
| 6 Months: | -15.09% |
| 3 Months: | -26.96% |
| 1 Month: | -33.08% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)18.00 · Oversold
P/E of 69.74 is above the sector median of 29.60 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 12.5% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 69.7.
- Trading 41.2% below its 52-week high.
- RSI at 18 suggests oversold conditions.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | HARDWYN Hardwyn India Limited NSEINFRA | 16.04 | 69.74 | ₹783.45 Cr | 0.00% | 4.83% | 3.25% | 6.67% | 12.48% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 36.86 Cr | 31.94 Cr | 39.90 Cr | 44.15 Cr | 40.93 Cr | 51.65 Cr | - | 45.64 Cr | 42.94 Cr | 50.69 Cr | 49.08 Cr | 57.15 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 39.93 Cr | 35.67 Cr | 42.12 Cr | 43.78 Cr | 49.12 Cr |
| Gross Profit | - | - | - | - | - | - | - | 5.71 Cr | 7.28 Cr | 8.56 Cr | 5.29 Cr | 8.03 Cr |
| Operating Expenses | 35.27 Cr | 29.67 Cr | 33.25 Cr | 38.18 Cr | 38.49 Cr | 45.43 Cr | - | 3.18 Cr | 2.00 Cr | 2.24 Cr | 2.74 Cr | 2.82 Cr |
| Operating Income | 1.52 Cr | 2.20 Cr | 6.51 Cr | 5.03 Cr | 2.02 Cr | 5.77 Cr | - | 2.53 Cr | 5.28 Cr | 6.32 Cr | 2.55 Cr | 5.21 Cr |
| EBITDA | 1.59 Cr | 2.27 Cr | 6.65 Cr | 5.97 Cr | 2.44 Cr | 6.22 Cr | - | 3.37 Cr | 5.74 Cr | 6.80 Cr | 3.16 Cr | 6.04 Cr |
| Interest Expense | 16.00 L | 20.00 L | 51.00 L | 30.00 L | 16.00 L | 16.00 L | - | 28.65 L | 17.34 L | 19.07 L | 23.11 L | 49.68 L |
| Pretax Income | 1.56 Cr | 2.08 Cr | 6.07 Cr | 4.88 Cr | 1.89 Cr | 5.70 Cr | - | 2.63 Cr | 5.15 Cr | 6.15 Cr | 2.47 Cr | 5.04 Cr |
| Tax Provision | 45.01 L | 60.01 L | 1.76 Cr | 1.54 Cr | 55.00 L | 1.66 Cr | - | 76.89 L | 1.52 Cr | 1.80 Cr | 67.62 L | 1.61 Cr |
| Net Income | 1.11 Cr | 1.48 Cr | 4.31 Cr | 3.33 Cr | 1.34 Cr | 4.04 Cr | - | 1.86 Cr | 3.63 Cr | 4.35 Cr | 1.79 Cr | 3.43 Cr |
| Diluted EPS | 0.02 | 0.03 | 0.09 | 0.07 | 0.03 | 0.08 | - | 0.04 | 0.07 | 0.09 | 0.04 | 0.07 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 164.66 Cr | 152.85 Cr | 184.60 Cr | 199.86 Cr |
| Cost of Revenue | - | 143.67 Cr | 129.12 Cr | 158.32 Cr | 170.69 Cr |
| Gross Profit | - | 20.99 Cr | 23.72 Cr | 26.28 Cr | 29.17 Cr |
| Operating Expenses | - | 7.73 Cr | 8.45 Cr | 10.00 Cr | 9.81 Cr |
| Operating Income | - | 13.26 Cr | 15.27 Cr | 16.28 Cr | 19.36 Cr |
| EBITDA | - | 14.08 Cr | 16.98 Cr | 18.81 Cr | 21.75 Cr |
| Interest Expense | - | 67.41 L | 1.17 Cr | 1.20 Cr | 1.10 Cr |
| Pretax Income | - | 13.11 Cr | 14.60 Cr | 15.85 Cr | 18.81 Cr |
| Tax Provision | - | 3.83 Cr | 4.36 Cr | 4.62 Cr | 5.60 Cr |
| Net Income | - | 9.28 Cr | 10.24 Cr | 11.23 Cr | 13.21 Cr |
| Diluted EPS | 0.12 | 0.19 | 0.21 | 0.23 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 418.12 Cr | 445.43 Cr | 465.02 Cr | 466.05 Cr |
| Current Assets | - | 71.18 Cr | 94.27 Cr | 114.58 Cr | 114.68 Cr |
| Cash & Equivalents | - | 18.76 L | 9.50 L | 25.21 L | 21.65 L |
| Inventory | - | 34.95 Cr | 49.06 Cr | 58.81 Cr | 52.41 Cr |
| Receivables | - | 25.05 Cr | 31.43 Cr | 42.85 Cr | 46.21 Cr |
| Total Liabilities | - | 40.95 Cr | 58.00 Cr | 66.33 Cr | 54.14 Cr |
| Current Liabilities | - | 40.94 Cr | 57.23 Cr | 66.06 Cr | 53.95 Cr |
| Long Term Debt | - | 1.32 L | 1.64 L | 0 | 0 |
| Total Debt | - | 4.57 Cr | 9.24 Cr | 9.89 Cr | 6.44 Cr |
| Total Equity | - | 372.56 Cr | 382.48 Cr | 393.41 Cr | 406.30 Cr |
| Shares Outstanding | - | 48.84 Cr | 48.84 Cr | 48.84 Cr | 48.84 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -99.80 L | 2.14 Cr | 1.56 Cr | 7.29 Cr |
| Investing Cash Flow | - | -41.82 L | -5.57 Cr | -87.76 L | -2.69 Cr |
| Financing Cash Flow | - | 1.46 Cr | 3.70 Cr | -38.93 L | -4.55 Cr |
| Capital Expenditure | - | -41.82 L | -5.40 Cr | -87.76 L | -2.69 Cr |
| Free Cash Flow | - | -1.42 Cr | -3.26 Cr | 68.24 L | 4.60 Cr |
| Net Change in Cash | - | 4.44 L | 26.25 L | 29.31 L | 5.55 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 12.7% | 15.5% | 14.2% | 14.6% |
| Operating Margin % | - | 8.1% | 10.0% | 8.8% | 9.7% |
| Net Margin % | - | 5.6% | 6.7% | 6.1% | 6.6% |
| ROE % | - | 2.5% | 2.7% | 2.9% | 3.3% |
| ROCE % | - | 3.5% | 3.9% | 4.1% | 4.7% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for HARDWYN
Should You Be Adding Hardwyn India (NSE:HARDWYN) To Your Watchlist Today? - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi3AFBVV95cUxOeU5nRkp4RktZVU1MTFBGOGRqRlJJdGNkSlMwZUxpTjFrT1pTbmhUTFozUFNORnlENHhtcHJaaW52SHc4SmZabGhVRkRPRm9iUThINEQ5WWdfajN1TFZUZjFWRW5QZV9lZklyRDNZTHlJeGFKZXU2Rzh4NGR6aHdqUmJhSWFlVnRyNFRHT1…
Hardwyn India Builds on Growth Momentum Through Business Expansion, Product Innovation and Strong Financial Performance - Business Standard
<a href="https://news.google.com/rss/articles/CBMimAJBVV95cUxNMjZfNkNhSUxnY0Y2djFWZXZXbU5MYXhxQ1dHQzlSbW40NF9ScWdtLXdGQlRiaV9BRTRxWW5MRGNWVjBGUWZldjJsRjNWUjgzRkxvSEJqd0M2Rk0tMXVYOGtIWUdSNEdaSEFlM2UtaXo2NFMta29sMXE5Y0NHWHJ1WGRGOV9aSVFOeWl5eG…
Hardwyn India Board Approves 2:5 Bonus Issue to Boost Equity Liquidity - Sahi
<a href="https://news.google.com/rss/articles/CBMirgFBVV95cUxPMW9hU284WFZKMDBzSGFYUVl4UzN0WGk1eWlYenp5dWlTQU5GRnhFNUlJTmNJNlRkMjhQWmRTZ1ZVNHJPd2x4WW1LYk1JUWx3RnFNczFTdVpERWowRllQU1F5ZlNaMENhQ0ZVcDB3Z2xwaGp4M19OMlNKZklpY2N5RFJ3cDhGa000SGpyVE…
Bonus issue alert! This smallcap company announced a 2:5 bonus issue. Do you own? - The Economic Times
<a href="https://news.google.com/rss/articles/CBMi5gFBVV95cUxNTUtOY2x0MWhVRmJlbDd5YVRpMDNvMVN0cTFzcjlwNlU4c1lIcHBaX20xSG9DaTd6amNtZUI3VEx3NkE1SmVCVllnRjdfdGFNVkFYcUpGakVyY2g0YTRYR1Ytcng2cG54UDZ4Q3AzRGlUSHhRWWRLcE9VM0VRalV1Q0JwdzY5a0k4WHU0c2…
Hardwyn India corrects EGM resolution type for director appointment - scanx.trade
<a href="https://news.google.com/rss/articles/CBMiwgFBVV95cUxOYWsteXJ2R1lFUDBoSFFjQ3REYWRyWk4yTkg5NERsNU5OVTJENU5KUFpqU2lBcXVVWEhEZzRVUmZSOG4xT2VnWUtkQVVXMXhEeXE5TXZxTHJabGZuN0FaNWdPRVpwOHozYndmNm85Nzh1Wm1GV3ZHUkM3eG5XekhJUWtrUEZtUWIwa2pYZn…
Stock Jumps 12% After ISI-Certified Product Launch and New Institutional Order By Trade Brains - Investing.com India
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HARDWYN — Frequently Asked Questions
What is the current share price of Hardwyn India Limited (HARDWYN)?
As of 2026-07-15 09:52 IST, Hardwyn India Limited (HARDWYN) trades at ₹16.04 on NSE. Its 52-week range is ₹12.07 to ₹27.29.
What is the market capitalisation of HARDWYN?
Hardwyn India Limited (HARDWYN) has a market capitalisation of ₹783.45 Cr on NSE.
What is the P/E ratio of HARDWYN?
HARDWYN trades at a trailing price-to-earnings (P/E) ratio of 69.74. The industry average P/E is 29.60. Its price-to-book (P/B) ratio is 2.91.
What is the return on equity (ROE) of HARDWYN?
HARDWYN has a return on equity (ROE) of 3.25%. Its return on capital employed (ROCE) is 4.83%.
Is HARDWYN a good stock to buy?
This page provides a data-driven analysis of Hardwyn India Limited (HARDWYN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.