Hardcastle & Waud Mfg Co Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 21, 2025, 8:06 pm

Market Cap	46.2 Cr.
Current Price	680
High / Low	1,355/563
Stock P/E	26.4
Book Value	663
Dividend Yield	0.00 %
ROCE	7.00 %
ROE	5.98 %
Face Value	10.0
PEG Ratio	0.12

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Hardcastle & Waud Mfg Co Ltd

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	488 Cr.	53.1	123/47.3	25.2	19.2	0.57 %	17.7 %	12.6 %	2.00
Haryana Leather Chemicals Ltd	39.5 Cr.	80.5	124/56.8	9.59	87.2	1.24 %	8.96 %	7.25 %	10.0
Hardcastle & Waud Mfg Co Ltd	46.2 Cr.	680	1,355/563	26.4	663	0.00 %	7.00 %	5.98 %	10.0
Grauer & Weil (India) Ltd	4,050 Cr.	89.3	120/72.2	25.2	19.2	0.56 %	26.1 %	19.6 %	1.00
DMCC Speciality Chemicals Ltd	768 Cr.	308	453/245	36.8	85.4	0.32 %	7.55 %	2.89 %	10.0
Industry Average	11,711.96 Cr	733.27		47.48	173.82	0.37%	13.99%	10.73%	6.44

All Competitor Stocks of Hardcastle & Waud Mfg Co Ltd

Quarterly Result

Metric	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	1.55	0.82	0.91	0.65	1.07	1.08	1.11	1.15	1.36	1.61	1.29	1.59	1.13
Expenses	0.44	0.56	0.55	0.36	0.41	0.51	0.87	0.54	0.68	0.52	0.42	0.47	0.58
Operating Profit	1.11	0.26	0.36	0.29	0.66	0.57	0.24	0.61	0.68	1.09	0.87	1.12	0.55
OPM %	71.61%	31.71%	39.56%	44.62%	61.68%	52.78%	21.62%	53.04%	50.00%	67.70%	67.44%	70.44%	48.67%
Other Income	0.02	0.04	0.07	0.05	0.04	0.05	0.05	0.11	0.11	0.11	0.11	0.11	0.11
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	0.14	0.15	0.15	0.16	0.16	0.17	0.17	0.17	0.16	0.16	0.17	0.18
Profit before tax	0.98	0.16	0.28	0.19	0.54	0.46	0.12	0.55	0.62	1.04	0.82	1.06	0.48
Tax %	29.59%	56.25%	25.00%	-21.05%	25.93%	19.57%	25.00%	-5.45%	-11.29%	25.96%	32.93%	-6.60%	214.58%
Net Profit	0.69	0.06	0.22	0.23	0.41	0.37	0.09	0.58	0.69	0.77	0.55	1.14	-0.55
EPS in Rs	10.15	0.88	3.24	3.38	6.03	5.45	1.32	8.54	10.15	11.33	8.09	16.78	-8.09

Last Updated: January 5, 2025, 7:58 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	2.74	2.53	3.14	5.47	8.19	4.21	2.89	3.52	3.19	4.16	3.91	5.41	5.85
Expenses	5.26	3.62	3.62	3.48	2.95	2.64	2.53	2.05	2.29	1.92	2.15	2.15	2.09
Operating Profit	-2.52	-1.09	-0.48	1.99	5.24	1.57	0.36	1.47	0.90	2.24	1.76	3.26	3.76
OPM %	-91.97%	-43.08%	-15.29%	36.38%	63.98%	37.29%	12.46%	41.76%	28.21%	53.85%	45.01%	60.26%	64.27%
Other Income	1.49	0.95	1.93	0.00	0.16	0.13	0.20	0.17	0.14	0.20	0.19	0.43	0.44
Interest	0.14	0.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.26	0.28	0.32	0.33	0.36	0.39	0.38	0.40	0.47	0.59	0.65	0.67	0.66
Profit before tax	-1.43	-0.46	1.13	1.66	5.04	1.31	0.18	1.24	0.57	1.85	1.30	3.02	3.54
Tax %	1.40%	-54.35%	-15.93%	689.76%	19.84%	16.03%	38.89%	26.61%	98.25%	31.35%	16.15%	14.57%
Net Profit	-1.45	-0.21	1.30	-9.79	4.04	1.09	0.12	0.90	0.01	1.27	1.10	2.58	3.15
EPS in Rs	-21.34	-3.09	19.13	-144.08	59.46	16.04	1.77	13.25	0.15	18.69	16.19	37.97	46.35
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%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	85.52%	719.05%	-853.08%	141.27%	-73.02%	-88.99%	650.00%	-98.89%	12600.00%	-13.39%	134.55%
Change in YoY Net Profit Growth (%)	0.00%	633.53%	-1572.12%	994.34%	-214.29%	-15.97%	738.99%	-748.89%	12698.89%	-12613.39%	147.93%

Hardcastle & Waud Mfg Co Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	8%
5 Years:	13%
3 Years:	19%
TTM:	3%

Compounded Profit Growth
10 Years:	30%
5 Years:	85%
3 Years:	537%
TTM:	-18%

Stock Price CAGR
10 Years:	5%
5 Years:	31%
3 Years:	37%
1 Year:	-7%

Return on Equity
10 Years:	1%
5 Years:	3%
3 Years:	4%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:32 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
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	0.68
Reserves	43.86	43.66	44.88	35.07	34.95	36.09	36.13	34.42	34.23	39.54	41.08	43.80	44.34
Borrowings	2.11	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	0.51	2.77	2.39	3.65	2.48	2.42	2.48	2.50	2.55	3.31	1.55	1.44	2.48
Total Liabilities	47.16	47.11	47.95	39.40	38.11	39.19	39.54	37.65	37.46	43.53	43.31	45.92	47.50
Fixed Assets	7.11	6.89	7.44	7.14	9.53	9.41	10.38	11.12	19.31	19.71	20.22	19.65	20.32
CWIP	0.13	0.63	0.00	0.00	0.19	0.02	0.00	0.27	0.24	0.10	0.03	0.47	0.28
Investments	7.65	6.99	24.55	25.31	19.71	20.41	19.91	16.05	13.04	13.68	19.59	23.06	25.74
Other Assets	32.27	32.60	15.96	6.95	8.68	9.35	9.25	10.21	4.87	10.04	3.47	2.74	1.16
Total Assets	47.16	47.11	47.95	39.40	38.11	39.19	39.54	37.65	37.46	43.53	43.31	45.92	47.50

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-0.67	-2.23	17.25	0.58	-1.65	-0.60	0.65	0.16	1.35	3.21	-2.96	3.08
Cash from Investing Activity +	-1.38	0.13	-17.10	-0.75	1.55	0.53	-0.89	-0.25	-1.25	-3.11	3.07	-1.55
Cash from Financing Activity +	1.95	0.05	0.00	0.00	0.00	0.00	0.25	-0.20	-0.05	0.00	0.00	0.00
Net Cash Flow	-0.10	-2.05	0.15	-0.18	-0.10	-0.07	0.01	-0.29	0.05	0.10	0.11	1.54

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-4.63	-1.09	-0.48	1.99	5.24	1.57	0.11	1.42	0.90	2.24	1.76	3.26

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.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	2,444.43	2,520.38	49.98	28.03	15.60	29.48	45.47	26.96	73.23	21.94	10.27	0.00
Inventory Days	0.00	0.00	1.88	0.00	0.00	2.64	9.86	131.81	0.00	0.00	0.00	0.00
Days Payable			20.70			0.00	9.86	40.56
Cash Conversion Cycle	2,444.43	2,520.38	31.17	28.03	15.60	32.12	45.47	118.21	73.23	21.94	10.27	0.00
Working Capital Days	2,489.73	2,246.26	-211.56	-123.45	-82.45	-156.06	-260.17	-157.61	136.16	617.69	205.37	-8.10
ROCE %	-3.71%	-0.92%	3.09%	4.08%	14.12%	3.62%	0.49%	3.43%	1.63%	4.87%	3.15%	7.00%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	73.47%	73.61%	73.61%	73.61%	73.61%	73.61%	73.61%	73.61%	73.61%	73.61%	73.61%	73.61%
DIIs	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%
Public	26.45%	26.30%	26.30%	26.30%	26.31%	26.31%	26.31%	26.31%	26.31%	26.30%	26.29%	26.31%
No. of Shareholders	1,288	1,303	1,324	1,264	1,271	1,294	1,323	1,374	1,430	1,420	1,523	1,534

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	37.94	16.13	18.72	0.14	13.26
Diluted EPS (Rs.)	37.94	16.13	18.72	0.14	13.26
Cash EPS (Rs.)	47.84	25.64	27.38	7.11	19.22
Book Value[Excl.RevalReserv]/Share (Rs.)	654.53	614.63	591.86	513.71	516.53
Book Value[Incl.RevalReserv]/Share (Rs.)	654.53	614.63	591.86	513.71	516.53
Revenue From Operations / Share (Rs.)	79.65	57.52	61.23	46.96	51.81
PBDIT / Share (Rs.)	54.32	28.72	35.84	15.28	24.16
PBIT / Share (Rs.)	44.42	19.21	27.18	8.30	18.20
PBT / Share (Rs.)	44.42	19.21	27.18	8.29	18.20
Net Profit / Share (Rs.)	37.94	16.13	18.72	0.13	13.26
PBDIT Margin (%)	68.19	49.92	58.53	32.53	46.63
PBIT Margin (%)	55.76	33.38	44.39	17.67	35.14
PBT Margin (%)	55.76	33.38	44.39	17.65	35.12
Net Profit Margin (%)	47.63	28.03	30.56	0.28	25.60
Return on Networth / Equity (%)	5.79	2.62	3.16	0.02	2.56
Return on Capital Employeed (%)	6.67	3.06	4.49	1.61	3.52
Return On Assets (%)	5.61	2.53	2.92	0.02	2.39
Asset Turnover Ratio (%)	0.12	0.09	0.10	0.08	0.09
Current Ratio (X)	6.35	16.02	5.25	1.58	0.91
Quick Ratio (X)	6.35	16.02	5.25	1.58	0.80
Interest Coverage Ratio (X)	0.00	0.00	0.00	1648.99	3329.52
Interest Coverage Ratio (Post Tax) (X)	0.00	0.00	0.00	15.67	1829.11
Enterprise Value (Cr.)	40.14	22.68	17.35	11.72	9.99
EV / Net Operating Revenue (X)	7.42	5.80	4.17	3.67	2.84
EV / EBITDA (X)	10.87	11.62	7.13	11.29	6.08
MarketCap / Net Operating Revenue (X)	7.78	5.92	4.25	3.72	2.86
Price / BV (X)	0.94	0.55	0.43	0.34	0.28
Price / Net Operating Revenue (X)	7.78	5.92	4.25	3.72	2.86
EarningsYield	0.06	0.04	0.07	0.00	0.08

After reviewing the key financial ratios for Hardcastle & Waud Mfg Co Ltd, here is our detailed analysis based on recent trends:

For FaceValue, as of Mar 24, the value is 10 which is within the healthy range. Compared to Mar 23, there was no change.
For Basic EPS (Rs.), as of Mar 24, the value is 37.94 which is within the healthy range. Compared to Mar 23, there was an increase of 21.81.
For Diluted EPS (Rs.), as of Mar 24, the value is 37.94 which is within the healthy range. Compared to Mar 23, there was an increase of 21.81.
For Cash EPS (Rs.), as of Mar 24, the value is 47.84 which is within the healthy range. Compared to Mar 23, there was an increase of 22.2.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 654.53 Compared to Mar 23, there was an increase of 39.9.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 654.53 Compared to Mar 23, there was an increase of 39.9.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 79.65 Compared to Mar 23, there was an increase of 22.13.
For PBDIT / Share (Rs.), as of Mar 24, the value is 54.32 which is within the healthy range. Compared to Mar 23, there was an increase of 25.6.
For PBIT / Share (Rs.), as of Mar 24, the value is 44.42 which is within the healthy range. Compared to Mar 23, there was an increase of 25.21.
For PBT / Share (Rs.), as of Mar 24, the value is 44.42 which is within the healthy range. Compared to Mar 23, there was an increase of 25.21.
For Net Profit / Share (Rs.), as of Mar 24, the value is 37.94 which is within the healthy range. Compared to Mar 23, there was an increase of 21.81.
For PBDIT Margin (%), as of Mar 24, the value is 68.19 which is within the healthy range. Compared to Mar 23, there was an increase of 18.27.
For PBIT Margin (%), as of Mar 24, the value is 55.76 which exceeds the healthy maximum of 20. Compared to Mar 23, there was an increase of 22.38.
For PBT Margin (%), as of Mar 24, the value is 55.76 which is within the healthy range. Compared to Mar 23, there was an increase of 22.38.
For Net Profit Margin (%), as of Mar 24, the value is 47.63 which exceeds the healthy maximum of 10. Compared to Mar 23, there was an increase of 19.6.
For Return on Networth / Equity (%), as of Mar 24, the value is 5.79 which is below the healthy minimum of 15. Compared to Mar 23, there was an increase of 3.17.
For Return on Capital Employeed (%), as of Mar 24, the value is 6.67 which is below the healthy minimum of 10. Compared to Mar 23, there was an increase of 3.61.
For Return On Assets (%), as of Mar 24, the value is 5.61 which is within the healthy range. Compared to Mar 23, there was an increase of 3.08.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.12 Compared to Mar 23, there was an increase of 0.03.
For Current Ratio (X), as of Mar 24, the value is 6.35 which exceeds the healthy maximum of 3. Compared to Mar 23, there was a decrease of 9.67.
For Quick Ratio (X), as of Mar 24, the value is 6.35 which exceeds the healthy maximum of 2. Compared to Mar 23, there was a decrease of 9.67.
For Interest Coverage Ratio (X), as of Mar 24, the value is 0 which is below the healthy minimum of 3. Compared to Mar 23, there was no change.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0 which is below the healthy minimum of 3. Compared to Mar 23, there was no change.
For Enterprise Value (Cr.), as of Mar 24, the value is 40.14 Compared to Mar 23, there was an increase of 17.46.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 7.42 which exceeds the healthy maximum of 3. Compared to Mar 23, there was an increase of 1.62.
For EV / EBITDA (X), as of Mar 24, the value is 10.87 which is within the healthy range. Compared to Mar 23, there was a decrease of 0.75.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 7.78 which exceeds the healthy maximum of 3. Compared to Mar 23, there was an increase of 1.86.
For Price / BV (X), as of Mar 24, the value is 0.94 which is below the healthy minimum of 1. Compared to Mar 23, there was an increase of 0.39.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 7.78 which exceeds the healthy maximum of 3. Compared to Mar 23, there was an increase of 1.86.
For EarningsYield, as of Mar 24, the value is 0.06 which is below the healthy minimum of 5. Compared to Mar 23, there was an increase of 0.02.

Overall, while many metrics show healthy performance, figures highlighted in red or notable downward trends warrant further investigation. For further insights, please reach out.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hardcastle & Waud Mfg Co Ltd as of February 24, 2025 is: ₹854.10

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 24, 2025, Hardcastle & Waud Mfg Co Ltd is Undervalued by 25.60% compared to the current share price ₹680.00

Intrinsic Value of Hardcastle & Waud Mfg Co Ltd as of February 24, 2025 is: 2,688.44

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 24, 2025, Hardcastle & Waud Mfg Co Ltd is Undervalued by 295.36% compared to the current share price ₹680.00

Last 5 Year EPS CAGR: 214.77%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -3.02, which is a positive sign. The company has higher reserves (39.39 cr) compared to borrowings (0.19 cr), indicating strong financial stability. The company has shown consistent growth in sales (4.25 cr) and profit (1.46 cr) over the years.	The stock has a low average ROCE of 3.40%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 31.67, which may not be favorable.

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:
1. Net Profit Margin: 47.63%
  - 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.
2. ROCE: 6.67% (Industry Average ROCE: 13.99%)
  - 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.
3. ROE%: 5.79% (Industry Average ROE: 10.73%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. 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.
5. Quick Ratio: 6.35
  - 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.
6. Stock P/E: 26.4 (Industry average Stock P/E: 47.48)
  - 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.
7. 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.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Hardcastle & Waud Manufacturing Company Ltd. is a Public Limited Listed company incorporated on 15/10/1945 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L99999MH1945PLC004581 and registration number is 004581. Currently Company is involved in the business activities of Renting and leasing of other machinery, equipment and tangible goods. Company's Total Operating Revenue is Rs. 5.41 Cr. and Equity Capital is Rs. 0.68 Cr. for the Year ended 31/03/2024.

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

FAQ

What is the latest intrinsic value of Hardcastle & Waud Mfg Co Ltd?

Let's break down Hardcastle & Waud Mfg Co Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 23 February 2025:

Calculated Fair Value: ₹854.10
Current Market Price: ₹680.00
Variance: 25.60% higher

This suggests Hardcastle & Waud Mfg Co Ltd is currently undervalued by 25.60%. For context:

Market Cap: 46.2 Cr.
52-Week Range: 1,355/563
Reserves (Sep 2024): ₹44.34 Cr
Liabilities: 47.50 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Hardcastle & Waud Mfg Co Ltd?

The Market Cap of Hardcastle & Waud Mfg Co Ltd is 46.2 Cr..

What is the current Stock Price of Hardcastle & Waud Mfg Co Ltd as on 23 February 2025?

The current stock price of Hardcastle & Waud Mfg Co Ltd as on 23 February 2025 is ₹680.

What is the High / Low of Hardcastle & Waud Mfg Co Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Hardcastle & Waud Mfg Co Ltd stocks is 1,355/563.

What is the Stock P/E of Hardcastle & Waud Mfg Co Ltd?

The Stock P/E of Hardcastle & Waud Mfg Co Ltd is 26.4.

What is the Book Value of Hardcastle & Waud Mfg Co Ltd?

The Book Value of Hardcastle & Waud Mfg Co Ltd is 663.

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 7.00 %.

What is the ROE of Hardcastle & Waud Mfg Co Ltd?

The ROE of Hardcastle & Waud Mfg Co Ltd is 5.98 %.

What is the Face Value of Hardcastle & Waud Mfg Co Ltd?

The Face Value of Hardcastle & Waud Mfg Co Ltd is 10.0.