Share Price and Basic Stock Data
Last Updated: January 29, 2026, 12:17 pm
| PEG Ratio | 1.90 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Hardcastle & Waud Mfg Co Ltd operates in the specialty chemicals sector and has shown a notable revenue trajectory over recent quarters. The company reported sales of ₹1.07 Cr in September 2022, which rose to ₹1.36 Cr by September 2023, demonstrating a consistent upward trend. By December 2023, sales further increased to ₹1.61 Cr, indicating a robust demand for its products. The trailing twelve months (TTM) revenue stood at ₹7.48 Cr, reflecting a healthy growth rate compared to the ₹3.91 Cr reported for FY 2023. This growth can be attributed to effective operational strategies, which have enabled the company to enhance its market presence. With a current market capitalization of ₹44.9 Cr, Hardcastle & Waud is positioned to leverage its operational strengths to capture additional market share in the specialty chemicals segment, which is becoming increasingly competitive.
Profitability and Efficiency Metrics
Hardcastle & Waud reported a net profit of ₹2.17 Cr for FY 2025, translating to an earnings per share (EPS) of ₹18.94. The company’s operating profit margin (OPM) for the most recent quarter stood at 34.03%, showcasing a solid operational efficiency compared to the industry average. The reported return on equity (ROE) was 2.91%, while return on capital employed (ROCE) was recorded at 6.31%, both of which indicate moderate profitability levels. The company maintained a consistent operating profit, with a peak of ₹1.09 Cr in December 2023. However, fluctuations in profitability were noted, particularly in the March 2025 quarter, where net profit dipped to ₹0.09 Cr. The cash conversion cycle (CCC) at 37.80 days reflects a relatively efficient working capital management compared to many peers in the sector, indicating the company’s ability to convert inventory into cash effectively.
Balance Sheet Strength and Financial Ratios
The balance sheet of Hardcastle & Waud remains robust, characterized by zero borrowings, which is a significant strength. This positions the company favorably for future expansions without the burden of debt. Reserves stood at ₹46.71 Cr, reflecting a strong equity base. Financial ratios indicate a price-to-book value (P/BV) of 0.97x, suggesting that the stock is trading close to its book value, which may appeal to value investors. The interest coverage ratio (ICR) was reported at 0.00x, which is not uncommon given the absence of debt. However, the company’s return on assets (ROA) at 2.64% signals room for improvement in asset utilization. Additionally, the current ratio of 2.41 indicates a sound liquidity position, allowing the company to meet its short-term obligations comfortably.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Hardcastle & Waud Mfg Co Ltd highlights a strong promoter holding of 73.61%, which reflects investor confidence in the management’s vision and operational execution. The presence of public shareholders at 26.31% indicates a diversified ownership structure, though foreign institutional investors (FIIs) have not invested in the company, as evidenced by reported N/A. Domestic institutional investors (DIIs) hold a negligible 0.08%, which may suggest limited institutional interest or confidence in the stock’s potential. The number of shareholders has shown a gradual increase from 1,264 in December 2022 to 1,492 as of September 2025. This growth in the shareholder base may indicate a rising interest and confidence from retail investors in the company’s future prospects.
Outlook, Risks, and Final Insight
Looking ahead, Hardcastle & Waud Mfg Co Ltd faces both opportunities and challenges. The company’s strong revenue growth trajectory and solid balance sheet position it well for future expansion in the specialty chemicals sector. However, the fluctuation in net profits and low ROE may raise concerns among investors about the sustainability of its growth. Risks include potential volatility in raw material prices and competition from established players in the specialty chemicals market, which could impact margins. Additionally, the absence of foreign institutional investment may limit the stock’s liquidity. Overall, while the company has significant strengths, including a strong promoter backing and efficient operations, it must address its profitability metrics and market positioning to enhance investor confidence and capitalize on growth opportunities in the coming years.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| HP Adhesives Ltd | 355 Cr. | 38.6 | 71.2/36.4 | 22.0 | 20.5 | 1.03 % | 13.6 % | 9.82 % | 2.00 |
| Haryana Leather Chemicals Ltd | 28.0 Cr. | 57.0 | 88.8/52.0 | 13.4 | 89.6 | 1.76 % | 8.02 % | 5.45 % | 10.0 |
| Hardcastle & Waud Mfg Co Ltd | 46.6 Cr. | 685 | 899/600 | 21.5 | 697 | 0.00 % | 6.31 % | 2.91 % | 10.0 |
| Grauer & Weil (India) Ltd | 3,251 Cr. | 71.7 | 111/68.2 | 21.5 | 22.0 | 0.68 % | 23.3 % | 17.6 % | 1.00 |
| DMCC Speciality Chemicals Ltd | 568 Cr. | 228 | 377/208 | 20.4 | 93.8 | 1.09 % | 14.1 % | 9.97 % | 10.0 |
| Industry Average | 12,093.20 Cr | 656.92 | 58.13 | 182.97 | 0.47% | 12.99% | 25.41% | 6.41 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.07 | 1.08 | 1.11 | 1.15 | 1.36 | 1.61 | 1.29 | 1.59 | 1.13 | 1.39 | 1.77 | 1.94 | 2.38 |
| Expenses | 0.41 | 0.51 | 0.87 | 0.54 | 0.68 | 0.52 | 0.42 | 0.47 | 0.58 | 0.44 | 1.32 | 0.83 | 1.57 |
| Operating Profit | 0.66 | 0.57 | 0.24 | 0.61 | 0.68 | 1.09 | 0.87 | 1.12 | 0.55 | 0.95 | 0.45 | 1.11 | 0.81 |
| OPM % | 61.68% | 52.78% | 21.62% | 53.04% | 50.00% | 67.70% | 67.44% | 70.44% | 48.67% | 68.35% | 25.42% | 57.22% | 34.03% |
| Other Income | 0.04 | 0.05 | 0.05 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 | 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 | 0.16 | 0.16 | 0.17 | 0.17 | 0.17 | 0.16 | 0.16 | 0.17 | 0.18 | 0.19 | 0.19 | 0.19 | 0.20 |
| Profit before tax | 0.54 | 0.46 | 0.12 | 0.55 | 0.62 | 1.04 | 0.82 | 1.06 | 0.48 | 0.87 | 0.37 | 1.04 | 0.73 |
| Tax % | 25.93% | 19.57% | 25.00% | -5.45% | -11.29% | 25.96% | 32.93% | -6.60% | 214.58% | 29.89% | 75.68% | 25.96% | 2.74% |
| Net Profit | 0.41 | 0.37 | 0.09 | 0.58 | 0.69 | 0.77 | 0.55 | 1.14 | -0.55 | 0.61 | 0.09 | 0.77 | 0.70 |
| EPS in Rs | 6.03 | 5.45 | 1.32 | 8.54 | 10.15 | 11.33 | 8.09 | 16.78 | -8.09 | 8.98 | 1.32 | 11.33 | 10.30 |
Last Updated: January 7, 2026, 1:36 am
Below is a detailed analysis of the quarterly data for Hardcastle & Waud Mfg Co Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 2.38 Cr.. The value appears strong and on an upward trend. It has increased from 1.94 Cr. (Jun 2025) to 2.38 Cr., marking an increase of 0.44 Cr..
- For Expenses, as of Sep 2025, the value is 1.57 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.83 Cr. (Jun 2025) to 1.57 Cr., marking an increase of 0.74 Cr..
- For Operating Profit, as of Sep 2025, the value is 0.81 Cr.. The value appears to be declining and may need further review. It has decreased from 1.11 Cr. (Jun 2025) to 0.81 Cr., marking a decrease of 0.30 Cr..
- For OPM %, as of Sep 2025, the value is 34.03%. The value appears to be declining and may need further review. It has decreased from 57.22% (Jun 2025) to 34.03%, marking a decrease of 23.19%.
- For Other Income, as of Sep 2025, the value is 0.12 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.12 Cr..
- For Interest, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.00 Cr..
- For Depreciation, as of Sep 2025, the value is 0.20 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.19 Cr. (Jun 2025) to 0.20 Cr., marking an increase of 0.01 Cr..
- For Profit before tax, as of Sep 2025, the value is 0.73 Cr.. The value appears to be declining and may need further review. It has decreased from 1.04 Cr. (Jun 2025) to 0.73 Cr., marking a decrease of 0.31 Cr..
- For Tax %, as of Sep 2025, the value is 2.74%. The value appears to be improving (decreasing) as expected. It has decreased from 25.96% (Jun 2025) to 2.74%, marking a decrease of 23.22%.
- For Net Profit, as of Sep 2025, the value is 0.70 Cr.. The value appears to be declining and may need further review. It has decreased from 0.77 Cr. (Jun 2025) to 0.70 Cr., marking a decrease of 0.07 Cr..
- For EPS in Rs, as of Sep 2025, the value is 10.30. The value appears to be declining and may need further review. It has decreased from 11.33 (Jun 2025) to 10.30, marking a decrease of 1.03.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 3:35 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 | 7.48 |
| 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 | 4.16 |
| 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 | 3.32 |
| 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% | 44.39% |
| 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 | 0.46 |
| 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 | 0.77 |
| 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 | 3.01 |
| 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 | 2.17 |
| 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 | 31.93 |
| 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: December 10, 2025, 4:27 am
| 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 | Sep 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 | 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 | 46.71 |
| 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 | 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 | 2.99 |
| 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 | 50.38 |
| 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 | 20.48 |
| 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 | 0.23 |
| 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 | 27.83 |
| 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 | 1.84 |
| 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 | 50.38 |
Below is a detailed analysis of the balance sheet data for Hardcastle & Waud Mfg Co Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 0.68 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.68 Cr..
- For Reserves, as of Sep 2025, the value is 46.71 Cr.. The value appears strong and on an upward trend. It has increased from 44.84 Cr. (Mar 2025) to 46.71 Cr., marking an increase of 1.87 Cr..
- For Borrowings, as of Sep 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 2025) which recorded 0.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 2.99 Cr.. The value appears to be improving (decreasing). It has decreased from 3.15 Cr. (Mar 2025) to 2.99 Cr., marking a decrease of 0.16 Cr..
- For Total Liabilities, as of Sep 2025, the value is 50.38 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 48.67 Cr. (Mar 2025) to 50.38 Cr., marking an increase of 1.71 Cr..
- For Fixed Assets, as of Sep 2025, the value is 20.48 Cr.. The value appears to be declining and may need further review. It has decreased from 20.52 Cr. (Mar 2025) to 20.48 Cr., marking a decrease of 0.04 Cr..
- For CWIP, as of Sep 2025, the value is 0.23 Cr.. The value appears strong and on an upward trend. It has increased from 0.22 Cr. (Mar 2025) to 0.23 Cr., marking an increase of 0.01 Cr..
- For Investments, as of Sep 2025, the value is 27.83 Cr.. The value appears strong and on an upward trend. It has increased from 26.45 Cr. (Mar 2025) to 27.83 Cr., marking an increase of 1.38 Cr..
- For Other Assets, as of Sep 2025, the value is 1.84 Cr.. The value appears strong and on an upward trend. It has increased from 1.48 Cr. (Mar 2025) to 1.84 Cr., marking an increase of 0.36 Cr..
- For Total Assets, as of Sep 2025, the value is 50.38 Cr.. The value appears strong and on an upward trend. It has increased from 48.67 Cr. (Mar 2025) to 50.38 Cr., marking an increase of 1.71 Cr..
Notably, the Reserves (46.71 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: 21.5 (Industry average Stock P/E: 58.13)
- 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 | Contact not found |
| 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 29 January 2026) is ₹396.07 which is 42.18% lower the current market price of ₹685.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹46.6 Cr. market cap, FY2025-2026 high/low of ₹899/600, reserves of ₹46.71 Cr, and liabilities of ₹50.38 Cr.
What is the Market Cap of Hardcastle & Waud Mfg Co Ltd?
The Market Cap of Hardcastle & Waud Mfg Co Ltd is 46.6 Cr..
What is the current Stock Price of Hardcastle & Waud Mfg Co Ltd as on 29 January 2026?
The current stock price of Hardcastle & Waud Mfg Co Ltd as on 29 January 2026 is ₹685.
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 ₹899/600.
What is the Stock P/E of Hardcastle & Waud Mfg Co Ltd?
The Stock P/E of Hardcastle & Waud Mfg Co Ltd is 21.5.
What is the Book Value of Hardcastle & Waud Mfg Co Ltd?
The Book Value of Hardcastle & Waud Mfg Co Ltd is 697.
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.

