Submission of audited Financial Results of the Company for the quarter and year ended 31st March, 2026 pursuant to Regulations 30 & 33 of SEBI (LOADR) Regulations, 2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 9.9 pts more than Nifty Microcap 250 and 9.7 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Hardcastle & Waud Manufacturing Company reported strong audited results for FY26. Revenue from operations surged 80.2% to ₹1,061.42 lakhs from ₹588.93 lakhs in FY25. Profit after tax nearly quadrupled to ₹493.20 lakhs from ₹128.69 lakhs, representing 283% PAT growth. EPS improved significantly to ₹72.59 per share from ₹18.94. The company operates across three segments: Trading, Investments, and Leasing, with the Investments segment being the largest contributor at ₹445.37 lakhs revenue. The Board did not recommend any dividend. The statutory auditor issued an unmodified (clean) opinion on the financial statements. A notable concern is the negative operating cash flow of ₹386.13 lakhs despite positive profitability, driven largely by increases in trade receivables and other current assets.
The company delivered exceptional revenue and profit growth, which is positive for shareholders. However, the significant negative operating cash flow despite high profitability warrants attention, as it indicates potential working capital management issues or aggressive revenue recognition. The no-dividend decision means shareholders seeking income will not receive payouts this year.