Hardwyn India

What is the bonus history of the Hardwyn India?

Hardwyn India has a strong bonus history, with the most recent issue being a 2:5 ratio announced on December 27, 2024. Prior bonuses include a 1:3 ratio on June 5, 2023, and a 1:2 ratio on July 25, 2022, reflecting the company's commitment to rewarding shareholders.

Hardwyn India has a notable bonus history. The most recent bonus issue was a 2:5 ratio announced with an ex-date of December 27, 2024. Prior to that, the company issued a bonus in a 1:3 ratio on June 5, 2023, and before that, a 1:2 ratio on July 25, 2022. This pattern indicates a commitment to rewarding shareholders through bonus shares over the past few years.

Has Hardwyn India declared dividend?

No Dividend History Available

Who are the peers of the Hardwyn India?

Hardwyn India's peers include Sheela Foam, Responsive Industries, Stanley Lifestyle, BirlaNu Ltd, Tirupati Foam, Shashwat Furnishings, Magenta Life, Milestone Furnishings, and Safe Enterprises. In terms of management risk, growth, and capital structure, Hardwyn India shows average performance, with a 1-year return of -36.72%, better than Magenta Life but worse than Shashwat Furnishings, which has the highest return at 49.88%.

Peers: The peers of Hardwyn India are Sheela Foam, Responsive Ind, Stanley Lifesty., BirlaNu Ltd, Tirupati Foam, Shashwat Furnis., Magenta Life, Milestone Furn., and Safe Enterprises.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rexpro Enter., while Average management risk is found at Sheela Foam, Responsive Ind, Stanley Lifesty., BirlaNu Ltd, and Hardwyn India. Below Average management risk is noted at Tirupati Foam, Shashwat Furnis., and Magenta Life. In terms of growth, Excellent growth is seen at Responsive Ind, while Below Average growth is present at Sheela Foam, Stanley Lifesty., BirlaNu Ltd, Hardwyn India, Tirupati Foam, and Magenta Life. Average growth is reported for Shashwat Furnis., and the rest have Below Average growth. For capital structure, Excellent capital structure is noted at Hardwyn India, Good capital structure is found at Sheela Foam, Responsive Ind, Stanley Lifesty., and Shashwat Furnis., while Average capital structure is observed at BirlaNu Ltd, and Below Average capital structure is present at Tirupati Foam, Magenta Life, and the rest.<BR><BR>Return Snapshot: Shashwat Furnis. has the highest 1-year return at 49.88%, while Magenta Life has the lowest at -63.48%. Hardwyn India's 1-year return is -36.72%, which is better than Magenta Life but worse than Shashwat Furnis. Additionally, several peers, including Tirupati Foam, Stanley Lifesty., and Magenta Life, have negative six-month returns.

Who are in the management team of Hardwyn India?

As of March 2022, the management team of Hardwyn India includes Rubaljeet Singh Sayal (Managing Director & CFO), Swaran Jeet Singh Sayal (Chairman & Executive Director), Shikha Chawla and Kulmeet Lamba Chawla (Independent Directors), Tanya Sayal (Executive Director), and Kanchan Sharma (Company Secretary & Compliance Officer). Each member contributes to the company's governance and operations.

As of March 2022, the management team of Hardwyn India consists of the following individuals:<BR><BR>1. Rubaljeet Singh Sayal - Managing Director & CFO<BR>2. Swaran Jeet Singh Sayal - Chairman & Executive Director<BR>3. Shikha Chawla - Independent Director<BR>4. Tanya Sayal - Executive Director<BR>5. Kulmeet Lamba Chawla - Independent Director<BR>6. Kanchan Sharma - Company Secretary & Compliance Officer<BR><BR>Each member plays a significant role in the governance and operational management of the company.

What does Hardwyn India do?

Hardwyn India Ltd, a micro-cap company in the furniture and home furnishing industry, reported net sales of 456 Cr and a net profit of 19 Cr for the quarter ending March 2025. The company, originally incorporated as Garv Industries Limited in 2017, has a market cap of INR 697 Cr.

Overview: <BR>Hardwyn India Ltd operates in the furniture and home furnishing industry and is categorized as a micro-cap company.<BR><BR>History: <BR>Hardwyn India Limited was originally incorporated as Garv Industries Limited on October 12, 2017. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 456 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 19 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 697 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 61.00 <BR>Industry P/E: 9 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.02 <BR>Return on Equity: 2.85% <BR>Price to Book: 1.74 <BR><BR>Contact Details: <BR>Address: B-502 5th Flr Statesman House 147, Barakhamba Road New Delhi Delhi: 110001 <BR>Tel: 91-11-2362 9277 <BR>Email: info@garvindustries.com <BR>Website: http://www.hardwyn.com

Who are the top shareholders of the Hardwyn India?

The top shareholders of Hardwyn India are Rubaljeet Singh Sayal with 23.7%, Ginni Chadha with 19.15%, and individual investors holding 52.52%. There are no pledged promoter holdings or mutual funds invested in the company, and three foreign institutional investors hold a total of 0.91%.

The top shareholders of Hardwyn India include Rubaljeet Singh Sayal, who holds the highest promoter stake at 23.7%. The highest public shareholder is Ginni Chadha, with a holding of 19.15%. Additionally, individual investors collectively own 52.52% of the company. There are also three foreign institutional investors (FIIs) who hold a total of 0.91%. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

How big is Hardwyn India?

As of 24th July, Hardwyn India Ltd has a market capitalization of 720.00 Cr, with Net Sales of 184.61 Cr and a Net Profit of 11.23 Cr over the latest four quarters. The company has Shareholder's Funds of 382.48 Cr and Total Assets of 445.34 Cr.

As of 24th July, Hardwyn India Ltd has a market capitalization of 720.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Hardwyn India reported Net Sales of 184.61 Cr and a Net Profit of 11.23 Cr.<BR><BR>For the latest annual period, the company has Shareholder's Funds amounting to 382.48 Cr and Total Assets of 445.34 Cr.

Is Hardwyn India overvalued or undervalued?

As of November 7, 2025, Hardwyn India is considered very expensive and overvalued with a PE ratio of 57.01, significantly higher than its peers like Hindalco and National Aluminium, despite a recent short-term stock performance boost, while its year-to-date return shows a decline of 13.82%.

As of 7 November 2025, Hardwyn India has moved from a grade of expensive to very expensive, indicating a significant deterioration in its valuation outlook. The company is considered overvalued based on its current metrics, with a PE ratio of 57.01, an EV to EBITDA ratio of 36.59, and a PEG ratio of 5.52. These figures suggest that the stock is trading at a premium compared to its earnings growth potential.<BR><BR>In comparison to its peers, Hardwyn India stands out unfavorably; for instance, Hindalco Industries has a PE ratio of 10.26 and National Aluminium boasts a PE of 7.52, both categorized as attractive. The stark contrast in valuation ratios highlights the overvaluation of Hardwyn India relative to its industry. Additionally, while Hardwyn's stock has performed well in the short term, with a 1-month return of 18.83% compared to a 1.57% return for the Sensex, its year-to-date performance shows a decline of 13.82%, further emphasizing the concerns surrounding its current valuation.

How has been the historical performance of Hardwyn India?

Hardwyn India has shown steady growth in net sales and profit over the past three years, with net sales increasing from 164.66 Cr in Mar'23 to 184.60 Cr in Mar'25, and profit after tax rising from 9.28 Cr to 11.23 Cr. The company also improved its operating profit and cash flow during this period, indicating enhanced operational efficiency.

Answer:<BR>The historical performance of Hardwyn India shows a steady growth in net sales and profit over the past three years.<BR><BR>Breakdown:<BR>Hardwyn India's net sales increased from 164.66 Cr in Mar'23 to 184.60 Cr in Mar'25, with a slight dip in Mar'24 to 152.85 Cr. Total operating income followed a similar trend, reaching 184.60 Cr in Mar'25. The company's total expenditure, excluding depreciation, rose from 151.11 Cr in Mar'23 to 166.56 Cr in Mar'25, reflecting increased costs in raw materials and employee expenses. Operating profit (PBDIT) improved from 14.26 Cr in Mar'23 to 18.81 Cr in Mar'25, indicating better operational efficiency despite rising costs. Profit before tax also saw an upward trend, increasing from 13.11 Cr in Mar'23 to 15.85 Cr in Mar'25, while profit after tax rose from 9.28 Cr to 11.23 Cr in the same period. The company's total assets grew from 418.06 Cr in Mar'23 to 464.81 Cr in Mar'25, with total liabilities increasing correspondingly from 418.06 Cr to 464.81 Cr. Cash flow from operating activities showed a positive shift, moving from a negative 1.00 Cr in Mar'23 to 1.00 Cr in Mar'25, while closing cash and cash equivalents improved from 1.00 Cr to 2.00 Cr. Overall, Hardwyn India demonstrates a positive growth trajectory in both revenue and profitability over the analyzed period.

Is Hardwyn India technically bullish or bearish?

As of December 1, 2025, the technical trend is mildly bullish, supported by positive short-term indicators like the MACD and RSI, but mixed signals from Bollinger Bands and KST suggest a cautious approach.

As of 1 December 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish, with key indicators supporting this view. The MACD is bullish on the weekly chart and mildly bullish on the monthly chart, while the RSI shows a bullish signal on the monthly timeframe. Daily moving averages are bullish, indicating positive momentum in the short term. However, the Bollinger Bands are mildly bullish on the weekly chart but bearish on the monthly, suggesting some caution. The KST is bullish on the weekly but bearish on the monthly, and there are no clear trends in the Dow Theory or OBV across both timeframes. Overall, while there are positive signals, the mixed indicators suggest a cautious approach.

When is the next results date for Hardwyn India Ltd?

The next results date for Hardwyn India Ltd is 14 February 2026.

The next results date for Hardwyn India Ltd is scheduled for 14 February 2026.

Are Hardwyn India Ltd latest results good or bad?

Hardwyn India Ltd's latest results show a mixed performance: while net profit increased by 19.83% to ₹4.35 crores, revenue declined by 1.86% year-on-year, raising concerns about growth and capital efficiency. Overall, the outlook appears cautious due to these challenges and significant stock underperformance.

Hardwyn India Ltd's latest results present a mixed picture. On the positive side, the company reported a net profit of ₹4.35 crores for Q2 FY26, which is a 19.83% increase compared to the previous quarter. This indicates improved profitability and operational efficiency. Additionally, the operating margin rose slightly to 13.38%, reflecting better cost management.<BR><BR>However, there are significant concerns as well. The company's revenue declined by 1.86% year-on-year, totaling ₹50.69 crores, which highlights ongoing challenges in achieving consistent top-line growth. This decline in revenue, coupled with a low return on equity (ROE) of just 2.85%, raises questions about the company's capital efficiency and overall performance.<BR><BR>Furthermore, Hardwyn's stock has underperformed significantly over the past year, with a decline of 36.62%, contrasting sharply with the broader market and its sector peers. This underperformance, combined with high valuation metrics such as a P/E ratio of 57.48, suggests that the current valuation may not be justified given the company's financial performance.<BR><BR>In summary, while there are some positive indicators in terms of profitability, the overall results reflect ongoing challenges, particularly in revenue growth and capital efficiency, making the outlook somewhat cautious.

Should I buy, sell or hold Hardwyn India Ltd?

Why is Hardwyn India Ltd falling/rising?

As of 05-May, Hardwyn India Ltd's stock price is at Rs 24.39, down 10.69% after a reversal from 12 days of gains, indicating a bearish trend. The stock has underperformed its sector and experienced high volatility, with decreased trading volume suggesting reduced investor participation.

As of 05-May, Hardwyn India Ltd's stock price is falling, currently at Rs 24.39, which reflects a decrease of Rs 2.92 or 10.69%. This decline follows a trend reversal after 12 consecutive days of gains, indicating a significant shift in market sentiment. The stock has underperformed its sector by 11.89% today and has experienced high volatility, with an intraday volatility of 10.81%. <BR><BR>Additionally, the stock touched an intraday low of Rs 22.71, representing a drop of 16.84%. The trading volume has also decreased, with delivery volume falling by 24.95% compared to the 5-day average, suggesting a reduction in investor participation. Despite the stock's strong performance over the longer term, including a 43.98% increase year-to-date and an 80.40% rise over the past year, the current market conditions and recent price movements indicate a bearish trend for Hardwyn India Ltd.

Which are the latest news on Hardwyn India?