Hardwyn India

NSE: HARDWYNBSE: 541276
Compare with peers
₹ 9.00▼ 0.12 (−1.32%)28 Oct, 03:29 pm IST
Market cap
₹ 615 Cr.
P/E
50.6x
P/B
1.52x
52-week range
7.61 – 20.2
ROE
3%
ROCE
5%
Dividend yield
0%
Debt / equity
0.02
Sector
Consumer Durables
Industry
Furniture, Home Furnishing
Listed on
NSE, BSE

About

Hardwyn India Limited is an India-based manufacturer and trader of architectural hardware, kitchen hardware and glass fittings. It offers comprehensive solutions for both residential and commercial structures. It is engaged in the business of wholesale and retail trade of architectural hardware and glass fittings, kitchen hardware, accessories and appliances. Its product categories include door hardware, kitchen hardware, glass hardware and furniture hardware. Its door hardware products include mortise locks, night latch, door closers and mortise cylinder lock. The Company's kitchen hardware products include waste bins, plain baskets, pantry pull out, upper cabinets, kitchen hanging accessories and rolling shutters. Its glass hardware products include spider fitting, canopy fitting, floor spring, pillar for railing (spigot), shower enclosure fitting, knight head accessories, point fixed architectural, hydraulic patch, patch fitting, glass handles and glass door locks.

Quick check

The five things to look at first. Open one for more.

Hardwyn India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)50.6 against a typical 19.5: pricier than most peers (1st = cheapest).21st of 24
  • Sales growth−5.9% against a typical +13.9% from a year earlier.11th of 18
  • Profit growth−22.5% against a typical −38.2% from a year earlier.9th of 18
  • Share price, 3 months−21.8% against a typical −18.3%.13th of 21
  • Size₹ 615.5 Cr. market value against a typical ₹ 85.5 Cr. (1st = largest).8th of 23

Research by Minerva Capital Research Solutions

Our research team's work on Hardwyn India

Also covered in

Sector note · 4 Aug 2025Premium
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Board meetings

Results dates and other board meetings. Full calendar

Details
14 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
5 Jun 2026BonusTo consider Issuance of Bonus Shares.
29 May 2026Financial ResultsHARDWYN : 29-May-2026 : The Company has informed the Exchange that a due to an inadvertent clerical error during submission to the Exchange, the meeting date was mistakenly selected as May 27, 2026. We hereby clarify that the meeting of the Board of Directors is scheduled for May 29, 2026, inter alia, to consider and approve the financial results for the period ended March 31, 2026.
27 May 2026Financial ResultsTo consider and approve the Audited Financial Results of the Company for the Quarter and Financial Year ended March 31, 2026.
14 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
19 Nov 2025Financial Results/Other business mattersHARDWYN : 19-Nov-2025 : The Company has informed the Exchange that a Board meeting to be held on November 15, 2025 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on November 19, 2025, To consider and approve the financial results for the period ended September 30, 2025 and other business matters

Share price

1Y change −11.33%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales363537314034363243394630
Expenses342931293428332737364126
Operating Profit266266356364
OPM %5.7%18.1%15.7%7.3%14.9%18.2%7.8%17.1%14.9%7.3%12%14.1%
Other Income000000000000
Interest010001000000
Depreciation001000000000
Profit before tax265256256254
Tax %29%29.2%31.5%29.2%29.3%29%30.2%29.1%29.1%28.7%30.9%24.4%
Net Profit143144244233
EPS in Rs0.020.060.050.020.060.060.030.050.060.020.050.04

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
23%
3 Years
9%
TTM
11%
Compounded Profit Growth
10 Years
—
5 Years
53%
3 Years
12%
TTM
−9%
Stock Price CAGR
10 Years
—
5 Years
44%
3 Years
−23%
TTM
—
Return on Equity
10 Years
—
5 Years
3%
3 Years
3%
TTM
—

Shareholding

Latest: Jul 2026.

Promoters
43.77%
0 pts in a year
FIIs
0.31%
+0.3 pts in a year
Government
0.46%
0 pts in a year
Public
55.45%
−0.3 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 50.6xEPS (12 months) ₹ 0.18Median P/E 85.1x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Hardwyn India₹ 9.00₹ 615 Cr.50.6x1.5x3%—
Bharat Forge₹ 1,709.60₹ 81,734 Cr.89.6x10.9x11.5%6.5%
Havells India₹ 1,032.00₹ 64,764 Cr.44.1x7.9x—6.9%
Schaeffler India₹ 3,468.00₹ 54,379 Cr.56.2x10.7x—12%
Sterlite Technologies₹ 829.00₹ 42,603 Cr.464.5x11.2x2.6%1.2%
R R Kabel₹ 2,150.60₹ 26,329 Cr.51.2x10.1x20.8%5.1%

Management

Swaran Jeet Singh Sayal
Executive Chairman of the Board
Rubaljeet Singh Sayal
Chief Financial Officer, Managing Director, Executive Director
Diksha Rani
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.