Hardwyn India Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 7, 2025, 8:15 pm

Market Cap	635 Cr.
Current Price	12.9
High / Low	33.9/11.8
Stock P/E	51.6
Book Value	7.93
Dividend Yield	0.00 %
ROCE	3.92 %
ROE	2.58 %
Face Value	1.00
PEG Ratio	1.36

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Hardwyn India Ltd

Competitors of Hardwyn India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mitshi India Ltd	13.4 Cr.	15.2	36.9/14.1		3.06	0.00 %	5.68 %	4.57 %	10.0
Modella Woollens Ltd	5.63 Cr.	61.9	87.0/55.1		2.42	0.00 %	%	%	10.0
MRC Agrotech Ltd	28.4 Cr.	13.8	20.5/10.2		15.2	0.00 %	%	%	10.0
MRP Agro Ltd	149 Cr.	134	174/45.2	30.4	14.6	0.00 %	12.3 %	9.53 %	10.0
Muller and Phipps (India) Ltd	19.7 Cr.	315	726/190		23.8	0.00 %	%	%	10.0
Industry Average	3,774.62	N/A		70.05	N/A	N/A	11.64	8.09	N/A

All Competitor Stocks of Hardwyn India Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	23.06	33.16	25.59	34.87	34.72	29.88	27.16	36.34	35.06	36.94	30.90	39.87	34.49
Expenses	21.56	30.77	24.16	32.89	29.94	24.90	25.72	34.27	28.70	31.13	28.66	33.93	28.21
Operating Profit	1.50	2.39	1.43	1.98	4.78	4.98	1.44	2.07	6.36	5.81	2.24	5.94	6.28
OPM %	6.50%	7.21%	5.59%	5.68%	13.77%	16.67%	5.30%	5.70%	18.14%	15.73%	7.25%	14.90%	18.21%
Other Income	0.04	0.21	0.01	0.01	0.01	0.68	0.20	0.08	0.07	0.15	0.03	0.09	0.26
Interest	0.20	0.15	0.16	0.31	0.20	0.18	0.16	0.19	0.51	0.29	0.16	0.15	0.58
Depreciation	0.03	0.05	0.06	0.07	0.07	0.07	0.06	0.06	0.13	0.87	0.40	0.41	0.41
Profit before tax	1.31	2.40	1.22	1.61	4.52	5.41	1.42	1.90	5.79	4.80	1.71	5.47	5.55
Tax %	25.19%	30.42%	29.51%	27.95%	27.88%	30.87%	28.87%	28.95%	29.19%	31.46%	29.24%	29.25%	29.01%
Net Profit	0.99	1.66	0.87	1.16	3.27	3.73	1.00	1.35	4.11	3.30	1.20	3.87	3.94
EPS in Rs	0.03	0.06	0.03	0.04	0.11	0.08	0.02	0.03	0.08	0.07	0.02	0.08	0.08

Last Updated: March 4, 2025, 12:02 pm

Below is a detailed analysis of the quarterly data for Hardwyn India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹34.49 Cr.. The value appears to be declining and may need further review. It has decreased from 39.87 Cr. (Sep 2024) to ₹34.49 Cr., marking a decrease of 5.38 Cr..
For Expenses, as of Dec 2024, the value is ₹28.21 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 33.93 Cr. (Sep 2024) to ₹28.21 Cr., marking a decrease of 5.72 Cr..
For Operating Profit, as of Dec 2024, the value is ₹6.28 Cr.. The value appears strong and on an upward trend. It has increased from 5.94 Cr. (Sep 2024) to ₹6.28 Cr., marking an increase of ₹0.34 Cr..
For OPM %, as of Dec 2024, the value is 18.21%. The value appears strong and on an upward trend. It has increased from 14.90% (Sep 2024) to 18.21%, marking an increase of 3.31%.
For Other Income, as of Dec 2024, the value is ₹0.26 Cr.. The value appears strong and on an upward trend. It has increased from 0.09 Cr. (Sep 2024) to ₹0.26 Cr., marking an increase of ₹0.17 Cr..
For Interest, as of Dec 2024, the value is ₹0.58 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.15 Cr. (Sep 2024) to ₹0.58 Cr., marking an increase of ₹0.43 Cr..
For Depreciation, as of Dec 2024, the value is ₹0.41 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.41 Cr..
For Profit before tax, as of Dec 2024, the value is ₹5.55 Cr.. The value appears strong and on an upward trend. It has increased from 5.47 Cr. (Sep 2024) to ₹5.55 Cr., marking an increase of ₹0.08 Cr..
For Tax %, as of Dec 2024, the value is 29.01%. The value appears to be improving (decreasing) as expected. It has decreased from 29.25% (Sep 2024) to 29.01%, marking a decrease of 0.24%.
For Net Profit, as of Dec 2024, the value is ₹3.94 Cr.. The value appears strong and on an upward trend. It has increased from 3.87 Cr. (Sep 2024) to ₹3.94 Cr., marking an increase of ₹0.07 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.08. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded ₹0.08.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 5, 2025, 5:35 pm

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	18	42	12	57	84	124	135	142
Expenses	18	42	11	55	79	111	119	122
Operating Profit	0	0	0	2	5	13	16	20
OPM %	1%	1%	4%	4%	6%	11%	12%	14%
Other Income	0	0	0	0	0	1	0	1
Interest	0	0	0	0	1	1	1	1
Depreciation	0	0	0	0	0	0	1	2
Profit before tax	0	0	0	2	5	13	14	18
Tax %	20%	25%	31%	27%	28%	29%	30%
Net Profit	0	0	0	2	3	9	10	12
EPS in Rs	0.00	0.00	0.00	0.05	0.12	0.19	0.20	0.25
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	50.00%	200.00%	11.11%
Change in YoY Net Profit Growth (%)	0.00%	150.00%	-188.89%

Hardwyn India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 3 years from 2021-2022 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	26%
3 Years:	33%
TTM:	11%

Compounded Profit Growth
10 Years:	%
5 Years:	218%
3 Years:	85%
TTM:	21%

Stock Price CAGR
10 Years:	%
5 Years:	91%
3 Years:	56%
1 Year:	-50%

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

Last Updated: Unknown

Balance Sheet

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

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	7	10	10	10	10	26	35	35
Reserves	0	0	0	2	5	346	347	352
Borrowings	0	6	0	5	7	5	9	6
Other Liabilities	2	1	3	22	35	32	52	52
Total Liabilities	9	17	13	39	57	409	443	446
Fixed Assets	0	0	0	0	1	1	5	4
CWIP	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	348	348	348
Other Assets	9	17	13	39	56	60	90	93
Total Assets	9	17	13	39	57	409	443	446

Below is a detailed analysis of the balance sheet data for Hardwyn India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹35.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹35.00 Cr..
For Reserves, as of Sep 2024, the value is ₹352.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹347.00 Cr. (Mar 2024) to ₹352.00 Cr., marking an increase of 5.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹6.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹9.00 Cr. (Mar 2024) to ₹6.00 Cr., marking a decrease of 3.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹52.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹52.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹446.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹443.00 Cr. (Mar 2024) to ₹446.00 Cr., marking an increase of 3.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹4.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹5.00 Cr. (Mar 2024) to ₹4.00 Cr., marking a decrease of 1.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Investments, as of Sep 2024, the value is ₹348.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹348.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹93.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹90.00 Cr. (Mar 2024) to ₹93.00 Cr., marking an increase of 3.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹446.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹443.00 Cr. (Mar 2024) to ₹446.00 Cr., marking an increase of 3.00 Cr..

Notably, the Reserves (₹352.00 Cr.) exceed the Borrowings (6.00 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.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-7	-9	6	-4	-0	4	2
Cash from Investing Activity +	-0	-0	-0	-0	-1	-0	-5
Cash from Financing Activity +	7	9	-6	5	1	-3	3
Net Cash Flow	0	-0	0	1	0	0	0

Free Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	0.00	-6.00	0.00	-3.00	-2.00	8.00	7.00

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 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	178	148	291	135	132	62	84
Inventory Days	1	0	6	69	71	113	152
Days Payable	45		83	146	163	97	143
Cash Conversion Cycle	134	148	214	58	40	78	93
Working Capital Days	139	140	327	100	87	78	98
ROCE %		2%	3%	17%	27%	7%	4%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	74.85%	74.85%	74.85%	74.85%	74.85%	74.85%	43.77%	43.77%	43.77%	43.77%	43.77%	43.77%
FIIs	0.00%	0.00%	0.00%	0.00%	1.27%	1.43%	0.53%	0.83%	0.46%	0.46%	0.46%	0.46%
Public	25.15%	25.15%	25.15%	25.15%	23.88%	23.71%	55.71%	55.40%	55.78%	55.75%	55.76%	55.77%
No. of Shareholders	52	67	100	1,186	2,336	2,907	3,456	18,643	21,331	23,743	32,194	34,480

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
FaceValue	1.00	10.00
Basic EPS (Rs.)	0.29	5.86
Diluted EPS (Rs.)	0.29	5.86
Cash EPS (Rs.)	0.32	4.53
Book Value[Excl.RevalReserv]/Share (Rs.)	11.10	144.14
Book Value[Incl.RevalReserv]/Share (Rs.)	11.10	144.14
Revenue From Operations / Share (Rs.)	4.38	62.93
PBDIT / Share (Rs.)	0.48	6.32
PBIT / Share (Rs.)	0.45	6.21
PBT / Share (Rs.)	0.41	5.88
Net Profit / Share (Rs.)	0.29	4.42
NP After MI And SOA / Share (Rs.)	0.29	4.42
PBDIT Margin (%)	11.10	10.05
PBIT Margin (%)	10.31	9.87
PBT Margin (%)	9.55	9.35
Net Profit Margin (%)	6.69	7.02
NP After MI And SOA Margin (%)	6.69	7.02
Return on Networth / Equity (%)	2.67	3.10
Return on Capital Employeed (%)	4.06	4.31
Return On Assets (%)	2.29	2.76
Total Debt / Equity (X)	0.02	0.01
Asset Turnover Ratio (%)	0.35	0.00
Current Ratio (X)	1.65	1.74
Quick Ratio (X)	0.78	0.88
Inventory Turnover Ratio (X)	0.08	0.00
Interest Coverage Ratio (X)	14.49	19.23
Interest Coverage Ratio (Post Tax) (X)	9.73	14.44
Enterprise Value (Cr.)	1175.70	676.51
EV / Net Operating Revenue (X)	7.69	4.11
EV / EBITDA (X)	69.24	40.88
MarketCap / Net Operating Revenue (X)	7.62	4.06
Price / BV (X)	3.04	1.80
Price / Net Operating Revenue (X)	7.62	4.06
EarningsYield	0.01	0.01

After reviewing the key financial ratios for Hardwyn India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. It has decreased from 10.00 (Mar 23) to 1.00, marking a decrease of 9.00.
For Basic EPS (Rs.), as of Mar 24, the value is 0.29. This value is below the healthy minimum of 5. It has decreased from 5.86 (Mar 23) to 0.29, marking a decrease of 5.57.
For Diluted EPS (Rs.), as of Mar 24, the value is 0.29. This value is below the healthy minimum of 5. It has decreased from 5.86 (Mar 23) to 0.29, marking a decrease of 5.57.
For Cash EPS (Rs.), as of Mar 24, the value is 0.32. This value is below the healthy minimum of 3. It has decreased from 4.53 (Mar 23) to 0.32, marking a decrease of 4.21.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 11.10. It has decreased from 144.14 (Mar 23) to 11.10, marking a decrease of 133.04.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 11.10. It has decreased from 144.14 (Mar 23) to 11.10, marking a decrease of 133.04.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 4.38. It has decreased from 62.93 (Mar 23) to 4.38, marking a decrease of 58.55.
For PBDIT / Share (Rs.), as of Mar 24, the value is 0.48. This value is below the healthy minimum of 2. It has decreased from 6.32 (Mar 23) to 0.48, marking a decrease of 5.84.
For PBIT / Share (Rs.), as of Mar 24, the value is 0.45. This value is within the healthy range. It has decreased from 6.21 (Mar 23) to 0.45, marking a decrease of 5.76.
For PBT / Share (Rs.), as of Mar 24, the value is 0.41. This value is within the healthy range. It has decreased from 5.88 (Mar 23) to 0.41, marking a decrease of 5.47.
For Net Profit / Share (Rs.), as of Mar 24, the value is 0.29. This value is below the healthy minimum of 2. It has decreased from 4.42 (Mar 23) to 0.29, marking a decrease of 4.13.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 0.29. This value is below the healthy minimum of 2. It has decreased from 4.42 (Mar 23) to 0.29, marking a decrease of 4.13.
For PBDIT Margin (%), as of Mar 24, the value is 11.10. This value is within the healthy range. It has increased from 10.05 (Mar 23) to 11.10, marking an increase of 1.05.
For PBIT Margin (%), as of Mar 24, the value is 10.31. This value is within the healthy range. It has increased from 9.87 (Mar 23) to 10.31, marking an increase of 0.44.
For PBT Margin (%), as of Mar 24, the value is 9.55. This value is below the healthy minimum of 10. It has increased from 9.35 (Mar 23) to 9.55, marking an increase of 0.20.
For Net Profit Margin (%), as of Mar 24, the value is 6.69. This value is within the healthy range. It has decreased from 7.02 (Mar 23) to 6.69, marking a decrease of 0.33.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 6.69. This value is below the healthy minimum of 8. It has decreased from 7.02 (Mar 23) to 6.69, marking a decrease of 0.33.
For Return on Networth / Equity (%), as of Mar 24, the value is 2.67. This value is below the healthy minimum of 15. It has decreased from 3.10 (Mar 23) to 2.67, marking a decrease of 0.43.
For Return on Capital Employeed (%), as of Mar 24, the value is 4.06. This value is below the healthy minimum of 10. It has decreased from 4.31 (Mar 23) to 4.06, marking a decrease of 0.25.
For Return On Assets (%), as of Mar 24, the value is 2.29. This value is below the healthy minimum of 5. It has decreased from 2.76 (Mar 23) to 2.29, marking a decrease of 0.47.
For Total Debt / Equity (X), as of Mar 24, the value is 0.02. This value is within the healthy range. It has increased from 0.01 (Mar 23) to 0.02, marking an increase of 0.01.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.35. It has increased from 0.00 (Mar 23) to 0.35, marking an increase of 0.35.
For Current Ratio (X), as of Mar 24, the value is 1.65. This value is within the healthy range. It has decreased from 1.74 (Mar 23) to 1.65, marking a decrease of 0.09.
For Quick Ratio (X), as of Mar 24, the value is 0.78. This value is below the healthy minimum of 1. It has decreased from 0.88 (Mar 23) to 0.78, marking a decrease of 0.10.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 0.08. This value is below the healthy minimum of 4. It has increased from 0.00 (Mar 23) to 0.08, marking an increase of 0.08.
For Interest Coverage Ratio (X), as of Mar 24, the value is 14.49. This value is within the healthy range. It has decreased from 19.23 (Mar 23) to 14.49, marking a decrease of 4.74.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 9.73. This value is within the healthy range. It has decreased from 14.44 (Mar 23) to 9.73, marking a decrease of 4.71.
For Enterprise Value (Cr.), as of Mar 24, the value is 1,175.70. It has increased from 676.51 (Mar 23) to 1,175.70, marking an increase of 499.19.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 7.69. This value exceeds the healthy maximum of 3. It has increased from 4.11 (Mar 23) to 7.69, marking an increase of 3.58.
For EV / EBITDA (X), as of Mar 24, the value is 69.24. This value exceeds the healthy maximum of 15. It has increased from 40.88 (Mar 23) to 69.24, marking an increase of 28.36.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 7.62. This value exceeds the healthy maximum of 3. It has increased from 4.06 (Mar 23) to 7.62, marking an increase of 3.56.
For Price / BV (X), as of Mar 24, the value is 3.04. This value exceeds the healthy maximum of 3. It has increased from 1.80 (Mar 23) to 3.04, marking an increase of 1.24.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 7.62. This value exceeds the healthy maximum of 3. It has increased from 4.06 (Mar 23) to 7.62, marking an increase of 3.56.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hardwyn India Ltd as of March 10, 2025 is: ₹8.61

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 March 10, 2025, Hardwyn India Ltd is Overvalued by 33.26% compared to the current share price 12.90

Intrinsic Value of Hardwyn India Ltd as of March 10, 2025 is: 11.88

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 March 10, 2025, Hardwyn India Ltd is Overvalued by 7.91% compared to the current share price 12.90

Last 5 Year EPS CAGR: 37.97%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (131.50 cr) compared to borrowings (4.75 cr), indicating strong financial stability. The company has shown consistent growth in sales (76.75 cr) and profit (6.50 cr) over the years.	The stock has a low average ROCE of 8.57%, which may not be favorable. The stock has a high average Working Capital Days of 138.43, which may not be favorable. The stock has a high average Cash Conversion Cycle of 109.29, 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 Hardwyn India Ltd:
1. Net Profit Margin: 6.69%
  - 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: 4.06% (Industry Average ROCE: 11.64%)
  - 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%: 2.67% (Industry Average ROE: 8.09%)
  - 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): 9.73
  - 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: 0.78
  - 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: 51.6 (Industry average Stock P/E: 70.05)
  - 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: 0.02
  - 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

Hardwyn India Ltd. is a Public Limited Listed company incorporated on 12/10/2017 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74990DL2017PLC324826 and registration number is 324826. Currently company belongs to the Industry of Trading. Company's Total Operating Revenue is Rs. 135.50 Cr. and Equity Capital is Rs. 34.89 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Trading & Distributors	B-101, Phase - 1, New Delhi Delhi 110064	rubal.sayal@hardwyn.com http://www.hardwyn.com

Management
Name	Position Held
Mr. Swaran Jeet Singh Sayal	Chairperson & Executive Director
Mr. Rubaljeet Singh Sayal	Managing Director & CFO
Mr. Tanya Sayal	Non Exe.Non Ind.Director
Mr. Kulmeet Singh Lamba	Ind. Non-Executive Director
Mr. Shikha Chawla	Ind. Non-Executive Director
Ms. Nidhi Sethi	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of Hardwyn India Ltd?

The latest intrinsic value of Hardwyn India Ltd as on 09 March 2025 is ₹8.61, which is 33.26% lower than the current market price of 12.90, indicating the stock is overvalued by 33.26%. The intrinsic value of Hardwyn India Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹635 Cr. and recorded a high/low of ₹33.9/11.8 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹352 Cr and total liabilities of ₹446 Cr.

What is the Market Cap of Hardwyn India Ltd?

The Market Cap of Hardwyn India Ltd is 635 Cr..

What is the current Stock Price of Hardwyn India Ltd as on 09 March 2025?

The current stock price of Hardwyn India Ltd as on 09 March 2025 is ₹12.9.

What is the High / Low of Hardwyn India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Hardwyn India Ltd stocks is ₹33.9/11.8.

What is the Stock P/E of Hardwyn India Ltd?

The Stock P/E of Hardwyn India Ltd is 51.6.

What is the Book Value of Hardwyn India Ltd?

The Book Value of Hardwyn India Ltd is 7.93.

What is the Dividend Yield of Hardwyn India Ltd?

The Dividend Yield of Hardwyn India Ltd is 0.00 %.

What is the ROCE of Hardwyn India Ltd?

The ROCE of Hardwyn India Ltd is 3.92 %.

What is the ROE of Hardwyn India Ltd?

The ROE of Hardwyn India Ltd is 2.58 %.

What is the Face Value of Hardwyn India Ltd?

The Face Value of Hardwyn India Ltd is 1.00.