Hardwyn India

Why is Hardwyn India Ltd falling/rising?

As of 10-Jun, Hardwyn India Ltd's stock price is at 24.04, reflecting a 2.99% decrease after a trend reversal. Despite a year-to-date increase of 41.91%, recent declines in trading volume and sector performance indicate potential challenges ahead.

As of 10-Jun, Hardwyn India Ltd's stock price is falling, currently at 24.04, which reflects a decrease of 0.74 or 2.99%. This decline follows a trend reversal after two consecutive days of gains. The stock's performance today is in line with the sector, which has also seen a decrease of 3.12%. <BR><BR>In terms of recent performance, the stock has experienced a weekly decline of 4.98%, contrasting with a slight drop of 0.49% in the Sensex. Over the past month, the stock has decreased by 2.00%, while the Sensex has fallen by 4.33%. Despite these short-term declines, the stock has shown significant growth year-to-date, up 41.91%, and has increased by 67.41% over the past year, indicating a strong long-term performance.<BR><BR>However, there are signs of falling investor participation, as evidenced by a delivery volume of 6.41 lacs on June 9, which is down 33.25% compared to the 5-day average. This decline in trading volume may contribute to the stock's price drop, alongside its current positioning relative to moving averages, where it is lower than the 5-day and 20-day moving averages but higher than the 50-day, 100-day, and 200-day moving averages. Overall, these factors indicate a combination of sector performance, investor participation, and recent trading trends contributing to the stock's current decline.

What does Hardwyn India do?

Hardwyn India Ltd, a micro-cap company in the furniture and home furnishing industry, reported net sales of 46 Cr and a net profit of 3 Cr for the quarter ending March 2026. Originally incorporated as Garv Industries in 2017, it has a market cap of INR 1,216 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 profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 46 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 3 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 1,216 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 89.00 <BR>Industry P/E: 13 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.01 <BR>Return on Equity: 3.25% <BR>Price to Book: 2.99 <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

Which are the latest news on Hardwyn India?

Should I buy, sell or hold Hardwyn India Ltd?

Are Hardwyn India Ltd latest results good or bad?

Hardwyn India Ltd's latest Q3 FY26 results are concerning, with a net profit decline of 55.14% year-on-year and an operating margin drop to 6.15%, the lowest in eight quarters. While revenue grew modestly by 5.80% year-on-year, the significant profit and margin declines indicate serious challenges for the company.

Hardwyn India Ltd's latest results for Q3 FY26 indicate a challenging financial performance. The company reported a net profit of ₹1.79 crore, which represents a significant decline of 55.14% year-on-year. This sharp drop in profitability is concerning, especially as it also reflects a sequential decline of 58.85% from the previous quarter.<BR><BR>On the revenue front, Hardwyn India achieved ₹49.08 crore, showing a modest year-on-year growth of 5.80%. However, this figure also marks a decline of 3.18% compared to the previous quarter, indicating potential difficulties in maintaining sales momentum.<BR><BR>The operating margin has collapsed to 6.15%, the lowest in eight quarters, down from 13.80% in the same quarter last year. This substantial margin compression is a critical issue, as it highlights the company's struggles with cost pressures and operational efficiency.<BR><BR>Overall, while there was some revenue growth year-on-year, the significant declines in net profit and operating margins suggest that the latest results are more negative than positive. The financial metrics indicate that Hardwyn India is facing serious challenges that warrant caution for investors.

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.

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.

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 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 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.

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.

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 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