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Hardwyn India HARDWYN.NS · INR

Industrials · NSE · 🇮🇳 India

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9.00

-1.42%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹2.00bn

FY2018FY2026

Net income

₹132.1m

FY2018FY2026

Free cash flow

₹35.1m

FY2018FY2026

Shareholders' equity

₹4.06bn

FY2018FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue₹2.00bn₹1.85bn₹1.53bn₹1.65bn₹845.6m₹577.4m₹115.3m₹421.5m₹181.5m
Gross profit₹226.3m₹262.8m₹237.2m₹209.9m₹95.3m₹38.8m₹6.8m₹8.5m₹2.6m
Research and development———————₹3,637—
Operating income₹193.6m₹162.8m₹152.7m₹132.6m₹50.3m₹23.3m₹4.6m₹2.2m₹959,659
Net income₹132.1m₹112.3m₹102.4m₹92.8m₹34.1m₹15.4m₹999,368₹305,572₹726,949
Diluted earnings per share0.190.230.210.190.160.080.000.000.00

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total assets₹4.66bn₹4.65bn₹4.45bn₹4.18bn₹570.4m₹389.8m₹129.6m₹171.9m₹93.1m
Cash and short-term investments₹20.9m₹20.3m₹950,000₹1.9m₹980,330₹1.1m₹11,772₹420₹1.6m
Total liabilities₹541.4m₹663.3m₹580.0m₹409.5m₹416.9m₹270.4m₹25.5m₹68.9m₹22.4m
Debt₹64.4m₹98.9m₹92.4m₹45.7m₹66.0m₹49.3m₹266,012₹59.3m—
Shareholders' equity₹4.06bn₹3.93bn₹3.82bn₹3.73bn₹153.5m₹119.4m₹104.0m₹103.0m₹70.7m
Shares outstanding684m489m499m479m208m203m204m203m218m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash from operations₹62.0m₹15.6m₹21.4m−₹10.0m−₹1.8m−₹36.0m₹62.7m−₹92.5m−₹68.3m
Capital spending−₹26.9m−₹8.8m−₹54.0m−₹4.2m−₹7.0m−₹1.6m−₹442,130−₹367,959−₹67,773
Free cash flow₹35.1m₹6.8m−₹32.6m−₹14.2m−₹8.7m−₹37.6m₹62.3m−₹92.9m−₹68.4m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹346.0m₹571.5m₹490.8m₹506.9m₹429.4m₹456.4m₹463.9m₹516.5m
Gross profit₹47.3m₹62.7m₹36.5m₹85.6m₹72.8m₹57.1m₹81.8m₹81.8m
Operating income₹39.8m₹52.1m₹25.5m₹63.2m₹52.8m₹25.3m₹59.6m₹57.7m
Net income₹28.0m₹34.3m₹17.9m₹43.5m₹36.3m₹18.6m₹39.9m₹40.4m
Diluted earnings per share0.040.050.040.090.070.040.080.08
Cash from operations———₹50.0m————
Capital spending———−₹9.0m————
Free cash flow———₹41.0m————
Total assets—₹4.66bn—₹4.82bn—₹4.65bn—₹4.59bn
Cash and short-term investments₹20.9m₹20.9m₹20.8m₹20.8m₹20.3m₹20.3m₹11.5m₹11.5m
Debt—₹64.4m—₹60.9m—₹97.7m—₹60.1m
Shareholders' equity₹4.12bn₹4.06bn₹4.07bn₹4.01bn₹3.99bn₹3.93bn₹3.93bn₹3.88bn

Financial ratios

Data as of 8 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2019
Gross margin11.3%14.2%15.5%12.7%11.3%6.7%—
Operating margin10.0%9.2%10.3%8.4%6.2%4.0%—
Net margin6.6%6.1%6.7%5.6%4.0%2.7%—
Return on equity3.3%2.9%2.7%2.5%22.2%12.9%—
Return on assets2.8%2.4%2.3%2.2%6.0%3.9%—
Free cash flow yield1.4%0.5%1.7%-0.1%0.3%-1.9%—
Revenue growth8.3%20.8%-7.2%94.7%46.4%400.6%—
Earnings growth17.6%9.7%10.3%172.4%121.8%1437.4%—
Current ratio2.13x1.73x1.65x1.74x1.35x1.43x—
Debt to equity0.02x0.02x0.02x0.01x0.43x0.41x—
Equity ratio87.2%84.6%85.9%89.1%26.9%30.6%—
Interest coverage18.10x14.21x13.45x16.02x10.66x11.14x—
R&D as a share of sales——————0.0%
Buybacks as a share of market value-40.0%2.0%-4.1%-130.8%-2.2%0.3%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.7%28.2%—
Operating income13.4%52.7%—
Net income12.5%53.8%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin12.7%13.3%12.7%—

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022
Price to earnings46.352.563.5107.280.8
Price to sales3.13.24.36.03.3

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years.

  • 7-for-5 split · 27 Dec 2024
  • 4-for-3 split · 5 Jun 2023
  • 3-for-2 split · 25 Jul 2022

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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