Hardwyn India Key Ratios
NSE: HARDWYN | BSE: 541276
₹9.07
As on 28-Aug-2026IST
Market cap
₹621 Cr
Revenue (TTM)
₹192 Cr
P/E Ratio
50.2
P/B Ratio
1.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -35.19 | -5.85 | 10.92 | 7.70 | 65.12 |
| EBIT | -26.33 | -25.48 | -8.35 | 10.20 | 102.70 |
| Net Profit | -20.42 | -22.33 | -8.57 | 9.20 | 154.88 |
| EPS | -20.56 | -22.42 | -8.59 | -1.05 | 128.93 |
| Book Value | -- | -- | 2.82 | 146.50 | 85.87 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| -- | 8.32 | 9.43 | 8.82 | 9.99 |
| Net Margin
| -- | 5.71 | 6.44 | 6.06 | 6.68 |
| Return on equity
| -- | 9.76 | 3.06 | 2.90 | 2.71 |
| Return on Capital
| -- | 11.87 | -- | 4.30 | 4.11 |
| Return on Assets
| -- | 4.31 | 2.66 | 2.45 | 2.36 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.02 | 0.02 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
4.30
|
4.11
|
3.70
|
--
|
|
Peer Median
|
--
|
46.61
|
65.51
|
60.94
|
--
|
ROE
3.06
Lower than Peers by 4.64
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
3.06
|
2.90
|
2.71
|
2.49
|
--
|
|
Peer Median
|
7.70
|
34.66
|
57.55
|
146.30
|
--
|
ROA
2.66
Lower than Peers by 1.59
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
2.66
|
2.45
|
2.36
|
2.22
|
--
|
|
Peer Median
|
4.25
|
12.10
|
20.43
|
17.34
|
--
|
EBIT Margin
9.43
Lower than Peers by 0.47
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
9.43
|
8.82
|
9.99
|
8.05
|
--
|
|
Peer Median
|
9.90
|
16.49
|
12.72
|
11.34
|
--
|
Net Margin
6.44
Higher than Peers by 0.13
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
6.44
|
6.06
|
6.68
|
5.61
|
--
|
|
Peer Median
|
6.32
|
13.90
|
11.31
|
11.40
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
7.04
|
7.49
|
5.81
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
2.63
Lower than Peers by 6.96
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
2.63
|
20.78
|
-7.17
|
--
|
--
|
|
Peer Median
|
9.59
|
28.87
|
15.40
|
43.04
|
--
|
EBIT Growth
-7.53
Lower than Peers by 34.72
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
-7.53
|
6.60
|
15.14
|
--
|
--
|
|
Peer Median
|
27.19
|
75.19
|
14.01
|
129.34
|
--
|
Net Profit Growth
-8.57
Lower than Peers by 45.96
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
-8.57
|
9.72
|
10.30
|
--
|
--
|
|
Peer Median
|
37.38
|
44.22
|
9.39
|
-42.93
|
--
|
EPS Growth
-8.59
Lower than Peers by 23.65
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
-8.59
|
9.70
|
10.30
|
--
|
--
|
|
Peer Median
|
15.06
|
30.31
|
--
|
100.00
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
2.86
|
2.66
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
0.02
|
0.02
|
0.01
|
--
|
|
Peer Median
|
0.16
|
--
|
--
|
0.36
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
0.02
|
0.02
|
0.01
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.13
Higher than Peers by 0.38
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
2.13
|
1.69
|
1.61
|
1.74
|
--
|
|
Peer Median
|
1.75
|
1.40
|
1.44
|
0.86
|
--
|
Quick Ratio
1.15
Higher than Peers by 0.27
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
1.15
|
0.85
|
0.80
|
0.89
|
--
|
|
Peer Median
|
0.88
|
1.13
|
1.35
|
1.02
|
--
|
Interest Coverage
15.03
Higher than Peers by 11.27
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
15.03
|
14.21
|
13.45
|
16.24
|
--
|
|
Peer Median
|
3.76
|
118.31
|
36.57
|
10.22
|
--
|
Operating Efficiency
Debtors to sales
24.13
Higher than Peers by 6.80
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
24.13
|
23.21
|
20.56
|
15.21
|
--
|
|
Peer Median
|
17.32
|
19.47
|
19.07
|
16.96
|
--
|
Asset Turnover
0.41
Lower than Peers by 0.56
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
0.41
|
0.40
|
0.35
|
0.39
|
--
|
|
Peer Median
|
0.97
|
0.96
|
1.57
|
1.37
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
73.43
|
67.44
|
55.52
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
106.64
|
100.30
|
77.47
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
96.20
|
102.03
|
81.19
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
83.87
|
65.70
|
51.80
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
50.18
Higher than Peers by 28.63
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
50.18
|
49.20
|
81.26
|
5.40
|
--
|
|
Peer Median
|
21.55
|
75.33
|
75.42
|
42.81
|
--
|
Price / Book Value
1.45
Lower than Peers by 0.30
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
1.45
|
1.40
|
3.04
|
1.80
|
--
|
|
Peer Median
|
1.75
|
21.08
|
35.58
|
30.27
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.04
|
0.32
|
0.18
|
--
|
--
|
EV/EBITDA
30.39
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
30.39
|
29.75
|
68.95
|
47.11
|
--
|
|
Peer Median
|
--
|
89.51
|
117.38
|
75.10
|
--
|
Market Cap
621
Higher than Peers by 201
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hardwyn India
|
621
|
552
|
1,165
|
669
|
--
|
|
Peer Median
|
420
|
1,13,519
|
1,07,623
|
41,339
|
--
|