Hardcast.& Waud

Market Cap: Micro Cap
Industry: Specialty Chemicals
ISIN: INE722D01015
NSEID:
BSEID: 509597

INR

672.30

-24.15 (-3.47%)

BSENSE

Dec 05

BSE+NSE Vol: 16

{
  "main_header": {
    "sid": 866283,
    "name": "Hardcast.& Waud",
    "stock_name": "Hardcast.& Waud",
    "full_name": "Hardcastle & Waud Mfg Co Ltd",
    "name_url": "stocks-analysis/hardcast-waud",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "672.30",
    "chg": -24.15,
    "chgp": "-3.47%",
    "dir": -1,
    "prev_price": "696.45",
    "mcapval": "47.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 509597,
    "symbol": "",
    "ind_name": "Specialty Chemicals",
    "ind_code": 46,
    "indexname": "",
    "isin": "INE722D01015",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "16 ",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Hardcastle & Waud Mfg Co Valuation Shifts Highlight Price Attractiveness in Specialty Chemicals Sector",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/hardcastle-waud-mfg-co-valuation-shifts-to-fair-amid-market-pressure-3719557",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HardcastleWaudM_valuationdot_3719557.png",
        "date": "2025-11-21 08:01:24",
        "description": "Hardcastle & Waud Mfg Co, a key player in the Specialty Chemicals sector, has experienced notable changes in its valuation parameters, reflecting a shift in price attractiveness relative to its historical and peer benchmarks. Recent data reveals adjustments in key metrics such as the price-to-earnings (P/E) ratio and price-to-book value (P/BV), offering investors a fresh perspective on the company’s market positioning amid sector dynamics."
      },
      {
        "title": "Why is Hardcast.& Waud falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-hardcast-waud-fallingrising-3719243",
        "imagepath": "",
        "date": "2025-11-21 00:34:17",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movements and Market Context</strong></p>\n<p>The stock has been on a downward trend for the past week, registering a loss of 7.22%, while the Sensex during the same period gained 1.37%. Over the last month, the decline deepened to 9.10%, contrasting with the Sensex’s 1.50% rise. Year-to-date figures reveal a stark underperformance, with Hardcastle &amp; Waud down 25.44% against the Sensex’s 9.59% gain. Even on a one-year horizon, the stock has fallen 21.36%, while the benchmark index advanced by 10.38%. These figures highlight a sustained period of underperformance relative to the broader market.</p>\n<p>Despite this, the company’s longer-term returns remain impressive, with a three-year gain of 126.18% and a five-year return of 216.96%, significantly outpacing the Sensex’s respe..."
      },
      {
        "title": "Hardcastle & Waud Mfg Co Shows Mixed Financial Performance Amid Cash Management Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/hardcastle-waud-mfg-cos-financial-trend-improves-from-negative-to-flat-amid-stabilization-efforts-3691538",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HardcastleWaudM_fintrenddot_3691538.png",
        "date": "2025-11-12 08:00:21",
        "description": "Hardcastle & Waud Mfg Co, a microcap in the specialty chemicals sector, reported flat financial performance for the quarter ending September 2025, with improved profit after tax and net sales. However, cash management remains a concern as cash reserves have decreased significantly. The company's stock has shown fluctuations over the past year."
      },
      {
        "title": "How has been the historical performance of Hardcast.& Waud?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-hardcast-waud-3683507",
        "imagepath": "",
        "date": "2025-11-09 22:40:23",
        "description": "Answer:\nThe historical performance of Hardcast.& Waud shows a steady increase in net sales and operating profit over the years, with notable fluctuations in profit margins and cash flow.\n\nBreakdown:\nHardcast.& Waud's net sales have risen from 2.89 Cr in Mar'19 to 5.89 Cr in Mar'25, reflecting consistent growth. The total operating income has followed a similar trend, reaching 5.89 Cr in Mar'25 from 2.89 Cr in Mar'19. Operating profit, excluding other income, peaked at 3.06 Cr in Mar'25, although it was slightly lower than the previous year’s 3.25 Cr. The profit before tax also showed an upward trajectory, increasing from 0.19 Cr in Mar'19 to 2.78 Cr in Mar'25, despite a decrease from 3.02 Cr in Mar'24. Profit after tax reached 1.29 Cr in Mar'25, down from 2.58 Cr in Mar'24, indicating some volatility in profitability. The company maintained a strong operating profit margin of 51.95% in Mar'25, although this..."
      },
      {
        "title": "Hardcastle & Waud Q2 FY26: Margin Compression Amid Revenue Growth Raises Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/hardcastle-waud-q2-fy26-margin-compression-amid-revenue-growth-raises-concerns-3684882",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HardcastleWaudM_quaterlyResult_3684882.png",
        "date": "2025-11-08 16:39:42",
        "description": "Hardcastle & Waud Manufacturing Company Limited, a micro-cap speciality chemicals manufacturer with a market capitalisation of ₹49.00 crores, reported net profit of ₹0.70 crores for Q2 FY26, marking a decline of 9.09% quarter-on-quarter but recovering from a loss of ₹0.55 crores in the same quarter last year. The company's revenue trajectory showed promise with net sales rising 22.68% QoQ to ₹2.38 crores, yet the stock has struggled significantly, trading at ₹712.50 as of November 10, 2025—down 35.23% over the past year and 19.58% year-to-date."
      },
      {
        "title": "How has been the historical performance of Hardcast.& Waud?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-hardcast-waud-3652866",
        "imagepath": "",
        "date": "2025-10-28 22:47:40",
        "description": "Answer:\nThe historical performance of Hardcast.& Waud shows a steady growth in net sales and profitability over the years.\n\nBreakdown:\nHardcast.& Waud has demonstrated consistent growth in net sales, increasing from 2.89 Cr in Mar'19 to 5.89 Cr in Mar'25. The total operating income followed a similar trend, reaching 5.89 Cr in Mar'25, up from 2.89 Cr in Mar'19. The company's total expenditure, excluding depreciation, rose from 2.52 Cr in Mar'19 to 2.83 Cr in Mar'25, reflecting an increase in operational costs. Operating profit (PBDIT) has also shown significant improvement, climbing from 0.57 Cr in Mar'19 to 3.50 Cr in Mar'25, although it peaked at 3.68 Cr in Mar'24. Profit before tax increased from 0.19 Cr in Mar'19 to 2.78 Cr in Mar'25, with profit after tax following suit, rising from 0.12 Cr in Mar'19 to 1.29 Cr in Mar'25. The company's earnings per share (EPS) fluctuated, reaching 18.97 in Mar'25 after..."
      },
      {
        "title": "Hardcastle & Waud Mfg Co Faces Mixed Technical Signals Amid Flat Financial Performance",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/hardcastle-waud-mfg-co-stock-downgraded-to-strong-sell-amid-financial-struggles-3650472",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/10/HardcastleWaudM_mojoScore_3650472.png",
        "date": "2025-10-28 08:29:23",
        "description": "Hardcastle & Waud Mfg Co, a microcap in the specialty chemicals sector, has seen a recent adjustment in its evaluation score due to shifting technical trends. The company's financial performance remains flat, with modest growth in net sales and operating profit over five years, but it has underperformed compared to the broader market."
      },
      {
        "title": "Why is Hardcast.& Waud falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-hardcast-waud-fallingrising-3641703",
        "imagepath": "",
        "date": "2025-10-23 22:26:50",
        "description": "As of 23-Oct, Hardcastle & Waud Mfg Co Ltd is experiencing a slight decline in its stock price, currently at 714.70, with a change of -0.1, representing a decrease of -0.01%. The stock has been underperforming recently, having fallen for the last three consecutive days and showing a return of -5.59% over the past week. Additionally, it has significantly underperformed against the benchmark Sensex, with a year-to-date decline of -19.33% compared to the Sensex's gain of +8.21%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume decreasing by -75.98% against the five-day average, suggesting reduced interest in the stock.\n\nBroader Market Context: In the context of the broader market, the stock's recent performance contrasts sharply with the Sensex, which has gained +1.30..."
      },
      {
        "title": "Is Hardcast.& Waud overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-hardcast-waud-overvalued-or-undervalued-3636539",
        "imagepath": "",
        "date": "2025-10-21 08:06:47",
        "description": "As of 20 October 2025, the valuation grade for Hardcast.& Waud has moved from very expensive to expensive. The company is currently considered overvalued based on its high PE ratio of 53.67, an EV to EBITDA ratio of 15.38, and a low ROE of 2.02%. In comparison, Asian Paints, which is also expensive, has a higher PE of 62.57, while Berger Paints, rated fair, has a PE of 53.77, indicating that Hardcast.& Waud's valuation is not justified relative to its peers.\n\nDespite a strong historical performance over the long term, with a 5-year return of 312.90%, recent trends show a significant decline, with a year-to-date drop of 17.98% compared to a 7.97% return from the Sensex. This underperformance further supports the conclusion that Hardcast.& Waud is overvalued in the current market environment...."
      }
    ],
    "total": 110,
    "sid": "866283",
    "stock_news_url": "https://www.marketsmojo.com/news/hardcastle-waud-mfg-co-866283"
  },
  "announcements": [
    {
      "caption": "Board Meeting Outcome for Submission Of Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025",
      "datetime": "07-Nov-2025",
      "details": "Submission of Unaudited Financial Results of the Company for the quarter and half year ended 30th September 2025",
      "source": "BSE"
    },
    {
      "caption": "Submission Of Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025",
      "datetime": "07-Nov-2025",
      "details": "Submission of Unaudited Financial Results of the Company for the quarter and half year ended 30th September 2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Intimation for Consider Interalia Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025",
      "datetime": "03-Nov-2025",
      "details": "Hardcastle & Waud Manufacturing Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2025 inter alia to consider and approve 1. interalia Unaudited Financial Results of the Company for the quarter and half year ended 30th September 2025 2. Any other matter(s) with permission of the Chair.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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}

News and Views

Hardcastle & Waud Mfg Co Valuation Shifts Highlight Price Attractiveness in Specialty Chemicals Sector

2025-11-21 08:01:24

Hardcastle & Waud Mfg Co, a key player in the Specialty Chemicals sector, has experienced notable changes in its valuation parameters, reflecting a shift in price attractiveness relative to its historical and peer benchmarks. Recent data reveals adjustments in key metrics such as the price-to-earnings (P/E) ratio and price-to-book value (P/BV), offering investors a fresh perspective on the company’s market positioning amid sector dynamics.

Why is Hardcast.& Waud falling/rising?

2025-11-21 00:34:17

Recent Price Movements and Market Context

The stock has been on a downward trend for the past week, registering a loss of 7.22%, while the Sensex during the same period gained 1.37%. Over the last month, the decline deepened to 9.10%, contrasting with the Sensex’s 1.50% rise. Year-to-date figures reveal a stark underperformance, with Hardcastle & Waud down 25.44% against the Sensex’s 9.59% gain. Even on a one-year horizon, the stock has fallen 21.36%, while the benchmark index advanced by 10.38%. These figures highlight a sustained period of underperformance relative to the broader market.

Despite this, the company’s longer-term returns remain impressive, with a three-year gain of 126.18% and a five-year return of 216.96%, significantly outpacing the Sensex’s respe...

Hardcastle & Waud Mfg Co Shows Mixed Financial Performance Amid Cash Management Challenges

2025-11-12 08:00:21

Hardcastle & Waud Mfg Co, a microcap in the specialty chemicals sector, reported flat financial performance for the quarter ending September 2025, with improved profit after tax and net sales. However, cash management remains a concern as cash reserves have decreased significantly. The company's stock has shown fluctuations over the past year.

How has been the historical performance of Hardcast.& Waud?

2025-11-09 22:40:23

Answer: The historical performance of Hardcast.& Waud shows a steady increase in net sales and operating profit over the years, with notable fluctuations in profit margins and cash flow. Breakdown: Hardcast.& Waud's net sales have risen from 2.89 Cr in Mar'19 to 5.89 Cr in Mar'25, reflecting consistent growth. The total operating income has followed a similar trend, reaching 5.89 Cr in Mar'25 from 2.89 Cr in Mar'19. Operating profit, excluding other income, peaked at 3.06 Cr in Mar'25, although it was slightly lower than the previous year’s 3.25 Cr. The profit before tax also showed an upward trajectory, increasing from 0.19 Cr in Mar'19 to 2.78 Cr in Mar'25, despite a decrease from 3.02 Cr in Mar'24. Profit after tax reached 1.29 Cr in Mar'25, down from 2.58 Cr in Mar'24, indicating some volatility in profitability. The company maintained a strong operating profit margin of 51.95% in Mar'25, although this...

Hardcastle & Waud Q2 FY26: Margin Compression Amid Revenue Growth Raises Concerns

2025-11-08 16:39:42

Hardcastle & Waud Manufacturing Company Limited, a micro-cap speciality chemicals manufacturer with a market capitalisation of ₹49.00 crores, reported net profit of ₹0.70 crores for Q2 FY26, marking a decline of 9.09% quarter-on-quarter but recovering from a loss of ₹0.55 crores in the same quarter last year. The company's revenue trajectory showed promise with net sales rising 22.68% QoQ to ₹2.38 crores, yet the stock has struggled significantly, trading at ₹712.50 as of November 10, 2025—down 35.23% over the past year and 19.58% year-to-date.

How has been the historical performance of Hardcast.& Waud?

2025-10-28 22:47:40

Answer: The historical performance of Hardcast.& Waud shows a steady growth in net sales and profitability over the years. Breakdown: Hardcast.& Waud has demonstrated consistent growth in net sales, increasing from 2.89 Cr in Mar'19 to 5.89 Cr in Mar'25. The total operating income followed a similar trend, reaching 5.89 Cr in Mar'25, up from 2.89 Cr in Mar'19. The company's total expenditure, excluding depreciation, rose from 2.52 Cr in Mar'19 to 2.83 Cr in Mar'25, reflecting an increase in operational costs. Operating profit (PBDIT) has also shown significant improvement, climbing from 0.57 Cr in Mar'19 to 3.50 Cr in Mar'25, although it peaked at 3.68 Cr in Mar'24. Profit before tax increased from 0.19 Cr in Mar'19 to 2.78 Cr in Mar'25, with profit after tax following suit, rising from 0.12 Cr in Mar'19 to 1.29 Cr in Mar'25. The company's earnings per share (EPS) fluctuated, reaching 18.97 in Mar'25 after...

Hardcastle & Waud Mfg Co Faces Mixed Technical Signals Amid Flat Financial Performance

2025-10-28 08:29:23

Hardcastle & Waud Mfg Co, a microcap in the specialty chemicals sector, has seen a recent adjustment in its evaluation score due to shifting technical trends. The company's financial performance remains flat, with modest growth in net sales and operating profit over five years, but it has underperformed compared to the broader market.

Why is Hardcast.& Waud falling/rising?

2025-10-23 22:26:50

As of 23-Oct, Hardcastle & Waud Mfg Co Ltd is experiencing a slight decline in its stock price, currently at 714.70, with a change of -0.1, representing a decrease of -0.01%. The stock has been underperforming recently, having fallen for the last three consecutive days and showing a return of -5.59% over the past week. Additionally, it has significantly underperformed against the benchmark Sensex, with a year-to-date decline of -19.33% compared to the Sensex's gain of +8.21%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume decreasing by -75.98% against the five-day average, suggesting reduced interest in the stock. Broader Market Context: In the context of the broader market, the stock's recent performance contrasts sharply with the Sensex, which has gained +1.30...

Is Hardcast.& Waud overvalued or undervalued?

2025-10-21 08:06:47

As of 20 October 2025, the valuation grade for Hardcast.& Waud has moved from very expensive to expensive. The company is currently considered overvalued based on its high PE ratio of 53.67, an EV to EBITDA ratio of 15.38, and a low ROE of 2.02%. In comparison, Asian Paints, which is also expensive, has a higher PE of 62.57, while Berger Paints, rated fair, has a PE of 53.77, indicating that Hardcast.& Waud's valuation is not justified relative to its peers. Despite a strong historical performance over the long term, with a 5-year return of 312.90%, recent trends show a significant decline, with a year-to-date drop of 17.98% compared to a 7.97% return from the Sensex. This underperformance further supports the conclusion that Hardcast.& Waud is overvalued in the current market environment....

View All News

Announcement

Board Meeting Outcome for Submission Of Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025

07-Nov-2025 | Source : BSE

Submission of Unaudited Financial Results of the Company for the quarter and half year ended 30th September 2025

Submission Of Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025

07-Nov-2025 | Source : BSE

Submission of Unaudited Financial Results of the Company for the quarter and half year ended 30th September 2025

Board Meeting Intimation for Consider Interalia Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025

03-Nov-2025 | Source : BSE

Hardcastle & Waud Manufacturing Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2025 inter alia to consider and approve 1. interalia Unaudited Financial Results of the Company for the quarter and half year ended 30th September 2025 2. Any other matter(s) with permission of the Chair.