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NSE:HARDWYN

HARDWYN INDIA LIMITED

Consumer Durables › Consumer Durables
₹9.03
at close · 8 Oct 2026
▼ 0.17 (-1.85%)

Latest filings

  1. RTA compliance certificate for quarter ending September 2026 · Compliance
  2. Hardwyn India gets 3-month extension for holding AGM from ROC · Board & Shareholder Meetings
  3. Trading window closed from Oct 1 for Q2 FY26 results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Designs, manufactures and sells architectural hardware and kitchen fittings, which contributed 88.9% of period segment revenue at ₹177.77 crore for the year ending March 2026. An aluminium and allied products line made up the remaining 11.1% at ₹22.09 crore. Total revenue for FY26 stood at ₹199.86 crore against total assets of ₹466.05 crore, with net profit of ₹13.23 crore and an EBITDA margin of 10.88%. The architectural hardware segment earned EBIT of ₹19.37 crore against ₹0.54 crore from aluminium products, making the fittings business the dominant profit driver. Reported cost-line items in the pack include materials at 1.8% of revenue, employee costs at 2.3%, other operating expenses at 1.6%, depreciation at 0.9%, and capex at 1.3%. Listed on NSE and BSE under the consumer durables / Furniture-Home Furnishing classification, the company undertook a 2:5 bonus issue (two bonus shares for every five held) approved by shareholders in July 2026.

Revenue mix · reported segments
Architectural hardware and Kitchen fittings88.9%
Aluminium and Allied Products11.1%
Operating scale
Architectural hardware & kitchen fittings — share of segment revenue
88.9%FY26 (year ended 2026-03-31)
Aluminium & Allied Products — share of segment revenue
11.1%FY26 (year ended 2026-03-31)
Architectural hardware & kitchen fittings — segment revenue
₹177.77 croreFY26 (year ended 2026-03-31)
Aluminium & Allied Products — segment revenue
₹22.09 croreFY26 (year ended 2026-03-31)
Bonus issue ratio
2:5 (2 bonus shares for every 5 held)Approved July 2026
Who pays it
Buyers of architectural hardware, kitchen fittings and aluminium products (specific customer types not detailed in the pack).
Biggest cost
Materials, reported at 1.8% of revenue in the FY26 cost-shape disclosure.
Kind of business
Consumer durables / Furniture-Home Furnishing manufacturer with a dominant fittings segment and a smaller aluminium line.
Where it sits
Listed on NSE and BSE; classified under Consumer Discretionary → Consumer Durables → Furniture / Home Furnishing.
Market Cap
₹441 Cr
P / E (TTM)
34.7×
EV / EBITDA
21.7×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
4.8%·
ROCE (FY26)
ROE 3.3% · margin 10.9%
Leverage
0.01·
Debt / Equity · low
Net debt ₹5.23 Cr
Revenue FY23→FY26
1.2×▲
Margin +1.0 pts
₹165 Cr → ₹200 Cr
Cash conversion
0.23×▼
Operating cash ÷ profit · 4 yrs
₹10 Cr on ₹44 Cr
Moves on a normal day
1.32%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 7 Furniture Home Furnishing peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#4/7
P/B#3/8
ROCE#5/8
ROE#5/8
Debt / Equity#4/8
EBITDA margin#6/8
Revenue growth#5/7
Profit growth#3/7

Scorecard

Measured from the filed financials, judged against its Furniture Home Furnishing peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Over 4 years it reported ₹44 Cr of profit and ₹9.99 Cr of operating cash — 0.23×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 56 → 84 days of receivables
FY23 → FY26

Charts

How has the market priced it — with filings on the timeline?

HARDWYN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from HARDWYN INDIA LIMITED's filed financials and exchange disclosures

What does HARDWYN INDIA LIMITED do?

HARDWYN INDIA LIMITED is a Consumer Durables company listed on NSE and BSE, trading under the symbol HARDWYN.

Is HARDWYN INDIA LIMITED profitable?

Yes. Over the trailing twelve months HARDWYN INDIA LIMITED reported a net profit of ₹12 Cr on revenue of ₹192 Cr.

Does HARDWYN INDIA LIMITED pay a dividend?

Not in the latest reported year — HARDWYN INDIA LIMITED's dividend payout for FY26 was nil.

Is HARDWYN INDIA LIMITED debt-free?

No. It reported borrowings of ₹5.44 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹5.23 Cr after cash. Debt stands at 0.01× equity. That is lower than 57% of its 8 Furniture Home Furnishing peers.

Is HARDWYN INDIA LIMITED expensive compared with its peers?

On trailing P/E, HARDWYN INDIA LIMITED ranks 4 of 7 in Furniture Home Furnishing — cheaper than 50% of them, against an industry median of 34.7×. This is a position, not a valuation judgement.

How much does the HARDWYN INDIA LIMITED share price move in a day?

On a typical session HARDWYN INDIA LIMITED moves 1.32% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track HARDWYN INDIA LIMITED's announcements?

Every NSE and BSE filing by HARDWYN INDIA LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.