Why is Hardwyn India Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0.02 times
2
Poor long term growth as Net Sales has grown by an annual rate of 5.90% and Operating profit at 10.80% over the last 5 years
3
Flat results in Sep 25
- OPERATING CF(Y) Lowest at Rs 1.41 Cr
4
With ROE of 2.9, it has a Very Expensive valuation with a 2.2 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 9.99%, its profits have risen by 10% ; the PEG ratio of the company is 6
How much should you hold?
- Overall Portfolio exposure to Hardwyn India should be less than 10%
- Overall Portfolio exposure to Furniture, Home Furnishing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Furniture, Home Furnishing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Hardwyn India for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Hardwyn India
9.99%
0.23
43.32%
Sensex
9.01%
0.78
11.54%
Quality key factors
Factor
Value
Sales Growth (5y)
5.90%
EBIT Growth (5y)
10.80%
EBIT to Interest (avg)
16.59
Debt to EBITDA (avg)
0.47
Net Debt to Equity (avg)
0.02
Sales to Capital Employed (avg)
0.42
Tax Ratio
29.29%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.10%
ROCE (avg)
3.84%
ROE (avg)
2.85%
Valuation Key Factors 
Factor
Value
P/E Ratio
61
Industry P/E
12
Price to Book Value
2.16
EV to EBIT
42.72
EV to EBITDA
39.27
EV to Capital Employed
2.14
EV to Sales
4.62
PEG Ratio
5.95
Dividend Yield
NA
ROCE (Latest)
4.06%
ROE (Latest)
2.85%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
7What is working for the Company
PBDIT(Q)
Highest at Rs 6.78 cr.
PBT LESS OI(Q)
Highest at Rs 6.12 cr.
PAT(Q)
Highest at Rs 4.35 cr.
-3What is not working for the Company
OPERATING CF(Y)
Lowest at Rs 1.41 Cr
Loading Valuation Snapshot...
Here's what is working for Hardwyn India
Operating Profit (PBDIT) - Quarterly
Highest at Rs 6.78 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 6.12 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 6.12 cr has Grown at 33.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 4.58 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 4.35 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Here's what is not working for Hardwyn India
Operating Cash Flow - Annually
Lowest at Rs 1.41 Cr and Fallen
each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (Rs Cr)






