Why is Hardcastle & Waud Mfg Co Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 4.83%
2
The company has declared positive results for the last 3 consecutive quarters
- PAT(Latest six months) At Rs 3.12 cr has Grown at 262.79%
- NET SALES(Latest six months) At Rs 5.77 cr has Grown at 55.53%
- ROCE(HY) Highest at 10.67%
3
With ROE of 10.3, it has a Fair valuation with a 1.1 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 10.07%, its profits have risen by 431%
4
Majority shareholders : Promoters
How much should you hold?
- Overall Portfolio exposure to Hardcast.& Waud should be less than 10%
- Overall Portfolio exposure to Specialty Chemicals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Hardcast.& Waud for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Hardcast.& Waud
10.07%
0.20
50.16%
Sensex
-4.26%
-0.32
13.42%
Quality key factors
Factor
Value
Sales Growth (5y)
25.56%
EBIT Growth (5y)
40.53%
EBIT to Interest (avg)
2.69
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.03
Sales to Capital Employed (avg)
0.12
Tax Ratio
8.07%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.08%
ROCE (avg)
5.36%
ROE (avg)
4.83%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
47
Price to Book Value
1.10
EV to EBIT
10.48
EV to EBITDA
9.08
EV to Capital Employed
1.10
EV to Sales
4.91
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
9.92%
ROE (Latest)
10.31%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
Technical Movement
20What is working for the Company
PAT(Latest six months)
At Rs 3.12 cr has Grown at 262.79%
NET SALES(Latest six months)
At Rs 5.77 cr has Grown at 55.53%
ROCE(HY)
Highest at 10.67%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Hardcast.& Waud
Profit After Tax (PAT) - Latest six months
At Rs 3.12 cr has Grown at 262.79%
Year on Year (YoY)MOJO Watch
PAT trend is very positive
PAT (Rs Cr)
Net Sales - Latest six months
At Rs 5.77 cr has Grown at 55.53%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Latest six months
Higher at Rs 3.12 cr
than preceding 12 month period ended Jun 2026 of Rs 2.97 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)






