Share Price and Basic Stock Data
Last Updated: November 4, 2025, 12:10 am
| PEG Ratio | -8.52 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Hardcastle & Waud Mfg Co Ltd operates in the specialty chemicals sector, focusing on delivering niche products. The company’s stock price stood at ₹724, with a market capitalization of ₹49.2 Cr. Over the last few quarters, the company has shown a steady increase in sales, recording ₹0.65 Cr in June 2022 and rising to ₹1.36 Cr by September 2023. The latest quarterly figures for December 2023 indicate sales reaching ₹1.61 Cr, with projections for further growth as sales for March 2024 are reported at ₹1.29 Cr and expected to rise to ₹1.77 Cr by March 2025. The overall trend indicates a robust upward trajectory in revenue, reflecting effective market penetration and product demand. The company’s trailing twelve-month (TTM) sales stood at ₹6.23 Cr, highlighting a significant improvement from previous years. This growth trajectory positions Hardcastle & Waud favorably within its industry, suggesting a strong operational foundation and potential for continued expansion.
Profitability and Efficiency Metrics
Hardcastle & Waud reported an operating profit margin (OPM) of 57.22%, which is significantly above typical sector averages, indicating effective cost management and strong pricing power. The company’s net profit for the TTM stood at ₹0.92 Cr, with a net profit margin of 21.85% for March 2025, showcasing its ability to convert revenue into profit efficiently. The return on equity (ROE) was recorded at 2.91%, while the return on capital employed (ROCE) was at 6.31%, suggesting moderate returns relative to the capital invested. Despite these positive metrics, the company faced fluctuations in profitability, evidenced by a net profit decline to -₹0.55 Cr in September 2024, indicating potential volatility in earnings. The interest coverage ratio (ICR) stood at 0.00x, reflecting no debt obligations, which is favorable but also highlights the necessity for better resource utilization to enhance profitability further.
Balance Sheet Strength and Financial Ratios
Hardcastle & Waud maintains a robust balance sheet with total assets amounting to ₹48.67 Cr and no borrowings, underscoring a strong financial position. The reserves stood at ₹44.84 Cr, providing a solid cushion for future investments and operational needs. The company’s current ratio was reported at 2.41, indicating good liquidity and the capacity to meet short-term obligations. The price-to-book value (P/BV) ratio stood at 0.97x, suggesting that the stock is trading close to its book value, which may attract value-focused investors. However, the company’s asset turnover ratio was low at 0.12%, indicating inefficiencies in utilizing assets to generate revenue. Furthermore, the enterprise value (EV) of ₹43.90 Cr in relation to its net operating revenue suggests that the market values the company at a premium, which may reflect investor confidence in its growth prospects amid operational challenges.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Hardcastle & Waud reveals a strong promoter backing of 73.61%, indicating significant insider confidence in the company’s future. Institutional investment is minimal, with foreign institutional investors (FIIs) not holding any stake and domestic institutional investors (DIIs) at just 0.08%. The public shareholding stood at 26.30%, with the number of shareholders recorded at 1,517. This concentrated ownership structure may lead to stability in decision-making but could also pose risks regarding liquidity and market perception. The continuous presence of promoters in significant numbers suggests a commitment to long-term growth strategies. However, the low institutional interest may affect the stock’s liquidity and indicate potential concerns regarding broader investor confidence or market perception. Overall, while promoter support is a strength, the lack of institutional backing presents a risk for retail investors.
Outlook, Risks, and Final Insight
Looking ahead, Hardcastle & Waud has the potential for sustained revenue growth driven by its niche product offerings in the specialty chemicals market. However, the company must address its profitability fluctuations and improve asset utilization to enhance overall financial performance. Key risks include reliance on a concentrated promoter stake, which may limit diversity in strategic decision-making, and the absence of institutional investment, which could impact stock liquidity. Additionally, the company’s ability to maintain operational efficiency and manage costs will be critical in navigating market challenges. Should Hardcastle & Waud successfully harness its operational strengths and mitigate these risks, it could position itself favorably for long-term growth in the specialty chemicals sector. Conversely, failure to improve profitability and attract institutional interest may hinder its market performance and investor appeal.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Hardcastle & Waud Mfg Co Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| HP Adhesives Ltd | 479 Cr. | 52.3 | 86.7/42.6 | 29.2 | 20.0 | 0.77 % | 13.6 % | 9.82 % | 2.00 |
| Haryana Leather Chemicals Ltd | 36.5 Cr. | 74.4 | 104/56.0 | 16.3 | 87.4 | 1.34 % | 8.02 % | 5.45 % | 10.0 |
| Hardcastle & Waud Mfg Co Ltd | 49.0 Cr. | 720 | 1,178/600 | 53.2 | 670 | 0.00 % | 6.31 % | 2.91 % | 10.0 |
| Grauer & Weil (India) Ltd | 3,686 Cr. | 81.3 | 114/78.0 | 24.6 | 20.7 | 0.62 % | 23.3 % | 17.6 % | 1.00 |
| DMCC Speciality Chemicals Ltd | 762 Cr. | 303 | 453/241 | 27.3 | 91.1 | 0.82 % | 14.1 % | 9.97 % | 10.0 |
| Industry Average | 12,894.12 Cr | 741.84 | 48.30 | 178.98 | 0.40% | 12.99% | 25.41% | 6.41 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.65 | 1.07 | 1.08 | 1.11 | 1.15 | 1.36 | 1.61 | 1.29 | 1.59 | 1.13 | 1.39 | 1.77 | 1.94 |
| Expenses | 0.36 | 0.41 | 0.51 | 0.87 | 0.54 | 0.68 | 0.52 | 0.42 | 0.47 | 0.58 | 0.44 | 1.32 | 0.83 |
| Operating Profit | 0.29 | 0.66 | 0.57 | 0.24 | 0.61 | 0.68 | 1.09 | 0.87 | 1.12 | 0.55 | 0.95 | 0.45 | 1.11 |
| OPM % | 44.62% | 61.68% | 52.78% | 21.62% | 53.04% | 50.00% | 67.70% | 67.44% | 70.44% | 48.67% | 68.35% | 25.42% | 57.22% |
| Other Income | 0.05 | 0.04 | 0.05 | 0.05 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.15 | 0.16 | 0.16 | 0.17 | 0.17 | 0.17 | 0.16 | 0.16 | 0.17 | 0.18 | 0.19 | 0.19 | 0.19 |
| Profit before tax | 0.19 | 0.54 | 0.46 | 0.12 | 0.55 | 0.62 | 1.04 | 0.82 | 1.06 | 0.48 | 0.87 | 0.37 | 1.04 |
| Tax % | -21.05% | 25.93% | 19.57% | 25.00% | -5.45% | -11.29% | 25.96% | 32.93% | -6.60% | 214.58% | 29.89% | 75.68% | 25.96% |
| Net Profit | 0.23 | 0.41 | 0.37 | 0.09 | 0.58 | 0.69 | 0.77 | 0.55 | 1.14 | -0.55 | 0.61 | 0.09 | 0.77 |
| EPS in Rs | 3.38 | 6.03 | 5.45 | 1.32 | 8.54 | 10.15 | 11.33 | 8.09 | 16.78 | -8.09 | 8.98 | 1.32 | 11.33 |
Last Updated: August 19, 2025, 2:05 pm
Below is a detailed analysis of the quarterly data for Hardcastle & Waud Mfg Co Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1.94 Cr.. The value appears strong and on an upward trend. It has increased from 1.77 Cr. (Mar 2025) to 1.94 Cr., marking an increase of 0.17 Cr..
- For Expenses, as of Jun 2025, the value is 0.83 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.32 Cr. (Mar 2025) to 0.83 Cr., marking a decrease of 0.49 Cr..
- For Operating Profit, as of Jun 2025, the value is 1.11 Cr.. The value appears strong and on an upward trend. It has increased from 0.45 Cr. (Mar 2025) to 1.11 Cr., marking an increase of 0.66 Cr..
- For OPM %, as of Jun 2025, the value is 57.22%. The value appears strong and on an upward trend. It has increased from 25.42% (Mar 2025) to 57.22%, marking an increase of 31.80%.
- For Other Income, as of Jun 2025, the value is 0.12 Cr.. The value appears strong and on an upward trend. It has increased from 0.11 Cr. (Mar 2025) to 0.12 Cr., marking an increase of 0.01 Cr..
- For Interest, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Depreciation, as of Jun 2025, the value is 0.19 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.19 Cr..
- For Profit before tax, as of Jun 2025, the value is 1.04 Cr.. The value appears strong and on an upward trend. It has increased from 0.37 Cr. (Mar 2025) to 1.04 Cr., marking an increase of 0.67 Cr..
- For Tax %, as of Jun 2025, the value is 25.96%. The value appears to be improving (decreasing) as expected. It has decreased from 75.68% (Mar 2025) to 25.96%, marking a decrease of 49.72%.
- For Net Profit, as of Jun 2025, the value is 0.77 Cr.. The value appears strong and on an upward trend. It has increased from 0.09 Cr. (Mar 2025) to 0.77 Cr., marking an increase of 0.68 Cr..
- For EPS in Rs, as of Jun 2025, the value is 11.33. The value appears strong and on an upward trend. It has increased from 1.32 (Mar 2025) to 11.33, marking an increase of 10.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:10 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.53 | 3.14 | 5.47 | 8.19 | 4.21 | 2.89 | 3.52 | 3.19 | 4.16 | 3.91 | 5.43 | 5.91 | 6.23 |
| Expenses | 3.62 | 3.62 | 3.48 | 2.95 | 2.64 | 2.53 | 2.05 | 2.29 | 1.92 | 2.15 | 2.16 | 2.77 | 3.17 |
| Operating Profit | -1.09 | -0.48 | 1.99 | 5.24 | 1.57 | 0.36 | 1.47 | 0.90 | 2.24 | 1.76 | 3.27 | 3.14 | 3.06 |
| OPM % | -43.08% | -15.29% | 36.38% | 63.98% | 37.29% | 12.46% | 41.76% | 28.21% | 53.85% | 45.01% | 60.22% | 53.13% | 49.12% |
| Other Income | 0.95 | 1.93 | 0.00 | 0.16 | 0.13 | 0.20 | 0.17 | 0.14 | 0.20 | 0.19 | 0.42 | 0.37 | 0.45 |
| Interest | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.28 | 0.32 | 0.33 | 0.36 | 0.39 | 0.38 | 0.40 | 0.47 | 0.59 | 0.65 | 0.67 | 0.72 | 0.75 |
| Profit before tax | -0.46 | 1.13 | 1.66 | 5.04 | 1.31 | 0.18 | 1.24 | 0.57 | 1.85 | 1.30 | 3.02 | 2.79 | 2.76 |
| Tax % | -54.35% | -15.93% | 689.76% | 19.84% | 16.03% | 38.89% | 26.61% | 98.25% | 31.35% | 16.15% | 14.57% | 53.41% | |
| Net Profit | -0.21 | 1.30 | -9.79 | 4.04 | 1.09 | 0.12 | 0.90 | 0.01 | 1.27 | 1.10 | 2.58 | 1.29 | 0.92 |
| EPS in Rs | -3.09 | 19.13 | -144.08 | 59.46 | 16.04 | 1.77 | 13.25 | 0.15 | 18.69 | 16.19 | 37.97 | 18.98 | 13.54 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 719.05% | -853.08% | 141.27% | -73.02% | -88.99% | 650.00% | -98.89% | 12600.00% | -13.39% | 134.55% | -50.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | -1572.12% | 994.34% | -214.29% | -15.97% | 738.99% | -748.89% | 12698.89% | -12613.39% | 147.93% | -184.55% |
Hardcastle & Waud Mfg Co Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: October 10, 2025, 4:14 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 |
| Reserves | 43.66 | 44.88 | 35.07 | 34.95 | 36.09 | 36.13 | 34.42 | 34.23 | 39.54 | 41.08 | 43.80 | 44.84 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 2.77 | 2.39 | 3.65 | 2.48 | 2.42 | 2.48 | 2.50 | 2.55 | 3.31 | 1.55 | 1.44 | 3.15 |
| Total Liabilities | 47.11 | 47.95 | 39.40 | 38.11 | 39.19 | 39.54 | 37.65 | 37.46 | 43.53 | 43.31 | 45.92 | 48.67 |
| Fixed Assets | 6.89 | 7.44 | 7.14 | 9.53 | 9.41 | 10.38 | 11.12 | 19.31 | 19.71 | 20.22 | 19.65 | 20.52 |
| CWIP | 0.63 | 0.00 | 0.00 | 0.19 | 0.02 | 0.00 | 0.27 | 0.24 | 0.10 | 0.03 | 0.47 | 0.22 |
| Investments | 6.99 | 24.55 | 25.31 | 19.71 | 20.41 | 19.91 | 16.05 | 13.04 | 13.68 | 19.59 | 23.06 | 26.45 |
| Other Assets | 32.60 | 15.96 | 6.95 | 8.68 | 9.35 | 9.25 | 10.21 | 4.87 | 10.04 | 3.47 | 2.74 | 1.48 |
| Total Assets | 47.11 | 47.95 | 39.40 | 38.11 | 39.19 | 39.54 | 37.65 | 37.46 | 43.53 | 43.31 | 45.92 | 48.67 |
Below is a detailed analysis of the balance sheet data for Hardcastle & Waud Mfg Co Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 0.68 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.68 Cr..
- For Reserves, as of Mar 2025, the value is 44.84 Cr.. The value appears strong and on an upward trend. It has increased from 43.80 Cr. (Mar 2024) to 44.84 Cr., marking an increase of 1.04 Cr..
- For Borrowings, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 3.15 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.44 Cr. (Mar 2024) to 3.15 Cr., marking an increase of 1.71 Cr..
- For Total Liabilities, as of Mar 2025, the value is 48.67 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 45.92 Cr. (Mar 2024) to 48.67 Cr., marking an increase of 2.75 Cr..
- For Fixed Assets, as of Mar 2025, the value is 20.52 Cr.. The value appears strong and on an upward trend. It has increased from 19.65 Cr. (Mar 2024) to 20.52 Cr., marking an increase of 0.87 Cr..
- For CWIP, as of Mar 2025, the value is 0.22 Cr.. The value appears to be declining and may need further review. It has decreased from 0.47 Cr. (Mar 2024) to 0.22 Cr., marking a decrease of 0.25 Cr..
- For Investments, as of Mar 2025, the value is 26.45 Cr.. The value appears strong and on an upward trend. It has increased from 23.06 Cr. (Mar 2024) to 26.45 Cr., marking an increase of 3.39 Cr..
- For Other Assets, as of Mar 2025, the value is 1.48 Cr.. The value appears to be declining and may need further review. It has decreased from 2.74 Cr. (Mar 2024) to 1.48 Cr., marking a decrease of 1.26 Cr..
- For Total Assets, as of Mar 2025, the value is 48.67 Cr.. The value appears strong and on an upward trend. It has increased from 45.92 Cr. (Mar 2024) to 48.67 Cr., marking an increase of 2.75 Cr..
Notably, the Reserves (44.84 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -1.09 | -0.48 | 1.99 | 5.24 | 1.57 | 0.11 | 1.42 | 0.90 | 2.24 | 1.76 | 3.27 | 3.14 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2,520.38 | 49.98 | 28.03 | 15.60 | 29.48 | 45.47 | 26.96 | 73.23 | 21.94 | 10.27 | 0.00 | 37.80 |
| Inventory Days | 0.00 | 1.88 | 0.00 | 0.00 | 2.64 | 9.86 | 131.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days Payable | 20.70 | 0.00 | 9.86 | 40.56 | ||||||||
| Cash Conversion Cycle | 2,520.38 | 31.17 | 28.03 | 15.60 | 32.12 | 45.47 | 118.21 | 73.23 | 21.94 | 10.27 | 0.00 | 37.80 |
| Working Capital Days | 2,246.26 | -211.56 | -123.45 | -82.45 | -156.06 | -291.75 | -162.80 | 136.16 | 617.69 | 205.37 | -8.10 | 104.11 |
| ROCE % | -0.92% | 3.09% | 4.08% | 14.12% | 3.62% | 0.49% | 3.43% | 1.63% | 4.87% | 3.15% | 7.00% | 6.20% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 18.94 | 37.94 | 16.13 | 18.72 | 0.14 |
| Diluted EPS (Rs.) | 18.94 | 37.94 | 16.13 | 18.72 | 0.14 |
| Cash EPS (Rs.) | 29.58 | 47.84 | 25.64 | 27.38 | 7.11 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 669.95 | 654.53 | 614.63 | 591.86 | 513.71 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 669.95 | 654.53 | 614.63 | 591.86 | 513.71 |
| Revenue From Operations / Share (Rs.) | 86.67 | 79.65 | 57.52 | 61.23 | 46.96 |
| PBDIT / Share (Rs.) | 51.59 | 54.32 | 28.72 | 35.84 | 15.28 |
| PBIT / Share (Rs.) | 40.95 | 44.42 | 19.21 | 27.18 | 8.30 |
| PBT / Share (Rs.) | 40.95 | 44.42 | 19.21 | 27.18 | 8.29 |
| Net Profit / Share (Rs.) | 18.94 | 37.94 | 16.13 | 18.72 | 0.13 |
| PBDIT Margin (%) | 59.52 | 68.19 | 49.92 | 58.53 | 32.53 |
| PBIT Margin (%) | 47.24 | 55.76 | 33.38 | 44.39 | 17.67 |
| PBT Margin (%) | 47.24 | 55.76 | 33.38 | 44.39 | 17.65 |
| Net Profit Margin (%) | 21.85 | 47.63 | 28.03 | 30.56 | 0.28 |
| Return on Networth / Equity (%) | 2.82 | 5.79 | 2.62 | 3.16 | 0.02 |
| Return on Capital Employeed (%) | 5.88 | 6.67 | 3.06 | 4.49 | 1.61 |
| Return On Assets (%) | 2.64 | 5.61 | 2.53 | 2.92 | 0.02 |
| Asset Turnover Ratio (%) | 0.12 | 0.12 | 0.09 | 0.10 | 0.08 |
| Current Ratio (X) | 2.41 | 6.35 | 16.02 | 5.25 | 1.58 |
| Quick Ratio (X) | 2.41 | 6.35 | 16.02 | 5.25 | 1.58 |
| Interest Coverage Ratio (X) | 0.00 | 0.00 | 0.00 | 0.00 | 1648.99 |
| Interest Coverage Ratio (Post Tax) (X) | 0.00 | 0.00 | 0.00 | 0.00 | 15.67 |
| Enterprise Value (Cr.) | 43.90 | 40.14 | 22.68 | 17.35 | 11.72 |
| EV / Net Operating Revenue (X) | 7.45 | 7.42 | 5.80 | 4.17 | 3.67 |
| EV / EBITDA (X) | 12.52 | 10.87 | 11.62 | 7.13 | 11.29 |
| MarketCap / Net Operating Revenue (X) | 7.50 | 7.78 | 5.92 | 4.25 | 3.72 |
| Price / BV (X) | 0.97 | 0.94 | 0.55 | 0.43 | 0.34 |
| Price / Net Operating Revenue (X) | 7.50 | 7.78 | 5.92 | 4.25 | 3.72 |
| EarningsYield | 0.02 | 0.06 | 0.04 | 0.07 | 0.00 |
After reviewing the key financial ratios for Hardcastle & Waud Mfg Co Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 18.94. This value is within the healthy range. It has decreased from 37.94 (Mar 24) to 18.94, marking a decrease of 19.00.
- For Diluted EPS (Rs.), as of Mar 25, the value is 18.94. This value is within the healthy range. It has decreased from 37.94 (Mar 24) to 18.94, marking a decrease of 19.00.
- For Cash EPS (Rs.), as of Mar 25, the value is 29.58. This value is within the healthy range. It has decreased from 47.84 (Mar 24) to 29.58, marking a decrease of 18.26.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 669.95. It has increased from 654.53 (Mar 24) to 669.95, marking an increase of 15.42.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 669.95. It has increased from 654.53 (Mar 24) to 669.95, marking an increase of 15.42.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 86.67. It has increased from 79.65 (Mar 24) to 86.67, marking an increase of 7.02.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 51.59. This value is within the healthy range. It has decreased from 54.32 (Mar 24) to 51.59, marking a decrease of 2.73.
- For PBIT / Share (Rs.), as of Mar 25, the value is 40.95. This value is within the healthy range. It has decreased from 44.42 (Mar 24) to 40.95, marking a decrease of 3.47.
- For PBT / Share (Rs.), as of Mar 25, the value is 40.95. This value is within the healthy range. It has decreased from 44.42 (Mar 24) to 40.95, marking a decrease of 3.47.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 18.94. This value is within the healthy range. It has decreased from 37.94 (Mar 24) to 18.94, marking a decrease of 19.00.
- For PBDIT Margin (%), as of Mar 25, the value is 59.52. This value is within the healthy range. It has decreased from 68.19 (Mar 24) to 59.52, marking a decrease of 8.67.
- For PBIT Margin (%), as of Mar 25, the value is 47.24. This value exceeds the healthy maximum of 20. It has decreased from 55.76 (Mar 24) to 47.24, marking a decrease of 8.52.
- For PBT Margin (%), as of Mar 25, the value is 47.24. This value is within the healthy range. It has decreased from 55.76 (Mar 24) to 47.24, marking a decrease of 8.52.
- For Net Profit Margin (%), as of Mar 25, the value is 21.85. This value exceeds the healthy maximum of 10. It has decreased from 47.63 (Mar 24) to 21.85, marking a decrease of 25.78.
- For Return on Networth / Equity (%), as of Mar 25, the value is 2.82. This value is below the healthy minimum of 15. It has decreased from 5.79 (Mar 24) to 2.82, marking a decrease of 2.97.
- For Return on Capital Employeed (%), as of Mar 25, the value is 5.88. This value is below the healthy minimum of 10. It has decreased from 6.67 (Mar 24) to 5.88, marking a decrease of 0.79.
- For Return On Assets (%), as of Mar 25, the value is 2.64. This value is below the healthy minimum of 5. It has decreased from 5.61 (Mar 24) to 2.64, marking a decrease of 2.97.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.12. There is no change compared to the previous period (Mar 24) which recorded 0.12.
- For Current Ratio (X), as of Mar 25, the value is 2.41. This value is within the healthy range. It has decreased from 6.35 (Mar 24) to 2.41, marking a decrease of 3.94.
- For Quick Ratio (X), as of Mar 25, the value is 2.41. This value exceeds the healthy maximum of 2. It has decreased from 6.35 (Mar 24) to 2.41, marking a decrease of 3.94.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 3. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 3. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Enterprise Value (Cr.), as of Mar 25, the value is 43.90. It has increased from 40.14 (Mar 24) to 43.90, marking an increase of 3.76.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 7.45. This value exceeds the healthy maximum of 3. It has increased from 7.42 (Mar 24) to 7.45, marking an increase of 0.03.
- For EV / EBITDA (X), as of Mar 25, the value is 12.52. This value is within the healthy range. It has increased from 10.87 (Mar 24) to 12.52, marking an increase of 1.65.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 7.50. This value exceeds the healthy maximum of 3. It has decreased from 7.78 (Mar 24) to 7.50, marking a decrease of 0.28.
- For Price / BV (X), as of Mar 25, the value is 0.97. This value is below the healthy minimum of 1. It has increased from 0.94 (Mar 24) to 0.97, marking an increase of 0.03.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 7.50. This value exceeds the healthy maximum of 3. It has decreased from 7.78 (Mar 24) to 7.50, marking a decrease of 0.28.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 24) to 0.02, marking a decrease of 0.04.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Hardcastle & Waud Mfg Co Ltd:
- Net Profit Margin: 21.85%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 5.88% (Industry Average ROCE: 12.99%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 2.82% (Industry Average ROE: 25.41%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 0
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.41
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 53.2 (Industry average Stock P/E: 48.3)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 21.85%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Chemicals - Speciality - Others | Mall Office, 2nd Floor, Metro Junction Mall of West Pioneer Properties (India) Pvt Ltd, N Thane Maharashtra 421306 | ho@hawcoindia.com http://www.hawcoindia.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Banwari Lal Jatia | Managing Director |
| Mr. Piyushkumar Mehta | Non Executive Director |
| Mr. Sunil Kantilal Trivedi | Independent Director |
| Ms. Pranjali Mangal Bhandari | Independent Director |
| Mr. Vimal Chand Kothari | Independent Director |
| Mr. Manekchand Panda | Independent Director |
FAQ
What is the intrinsic value of Hardcastle & Waud Mfg Co Ltd?
Hardcastle & Waud Mfg Co Ltd's intrinsic value (as of 03 November 2025) is 846.39 which is 17.55% higher the current market price of 720.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 49.0 Cr. market cap, FY2025-2026 high/low of 1,178/600, reserves of ₹44.84 Cr, and liabilities of 48.67 Cr.
What is the Market Cap of Hardcastle & Waud Mfg Co Ltd?
The Market Cap of Hardcastle & Waud Mfg Co Ltd is 49.0 Cr..
What is the current Stock Price of Hardcastle & Waud Mfg Co Ltd as on 03 November 2025?
The current stock price of Hardcastle & Waud Mfg Co Ltd as on 03 November 2025 is 720.
What is the High / Low of Hardcastle & Waud Mfg Co Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Hardcastle & Waud Mfg Co Ltd stocks is 1,178/600.
What is the Stock P/E of Hardcastle & Waud Mfg Co Ltd?
The Stock P/E of Hardcastle & Waud Mfg Co Ltd is 53.2.
What is the Book Value of Hardcastle & Waud Mfg Co Ltd?
The Book Value of Hardcastle & Waud Mfg Co Ltd is 670.
What is the Dividend Yield of Hardcastle & Waud Mfg Co Ltd?
The Dividend Yield of Hardcastle & Waud Mfg Co Ltd is 0.00 %.
What is the ROCE of Hardcastle & Waud Mfg Co Ltd?
The ROCE of Hardcastle & Waud Mfg Co Ltd is 6.31 %.
What is the ROE of Hardcastle & Waud Mfg Co Ltd?
The ROE of Hardcastle & Waud Mfg Co Ltd is 2.91 %.
What is the Face Value of Hardcastle & Waud Mfg Co Ltd?
The Face Value of Hardcastle & Waud Mfg Co Ltd is 10.0.