The Board of Hardwyn India Limited considered and approved the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2026.
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Hardwyn India Limited's Board approved audited standalone and consolidated financial results for FY ended March 31, 2026. Standalone revenue grew 13.08% to ₹16,004.80 lakhs (from ₹14,156 lakhs), while consolidated revenue rose to ₹20,041.35 lakhs. Standalone PAT increased 18.28% to ₹1,271.41 lakhs (from ₹1,074.96 lakhs). EBITDA margin expanded from ~10.75% to ~13.02% on standalone basis, indicating improved operational efficiency. Net cash from operating activities turned positive at ₹683.53 lakhs (vs ₹141.03 lakhs prior year). Borrowings reduced significantly from ₹914.29 lakhs to ₹544.28 lakhs, improving the balance sheet. The company has two subsidiaries - FibaHardwyn Locks Limited and Slimx Interior Solutions Private Limited. Statutory auditors S.S. Periwal & Co. issued an unmodified (clean) opinion for both standalone and consolidated results.
Positive results with strong EBITDA margin expansion and improved cash generation. Debt reduction and clean audit opinion are encouraging signs. However, revenue growth of ~13% and PAT growth of ~18% fell short of high-growth thresholds.