| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 34.6 | 42.9 | −19.4% |
| EBITDA | 4.5 | 5.7 | −20.9% |
| EBITDA margin | 13.0% | 13.3% | −0.2 pts |
| Profit before tax | 3.7 | 5.2 | −28.1% |
| Net profit | 2.8 | 3.6 | −22.9% |
| EPS | ₹0.06 | ₹0.07 | −14.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 418 | — | — | — | — | |
| 0.2 | 0.2 | 0.3 | 0.1 | 0.2 | |
| — | — | 5.3 | 4.9 | 0.0 | |
| 5.4 | 5.4 | 9.1 | 9.2 | 4.6 | |
| 423 | — | — | — | — | |
| 192 | 200 | 185 | 153 | 165 | |
| — | +8.3% | +20.8% | −7.2% | — | |
| 20.0 | 21.2 | 18.0 | 16.5 | 13.6 | |
| 10.4% | 10.6% | 9.8% | 10.8% | 8.2% | |
| 18.1 | 19.4 | 16.3 | 15.3 | 13.3 | |
| 12.4 | 13.2 | 11.2 | 10.2 | 9.3 | |
| 6.5% | 6.6% | 6.1% | 6.7% | 5.6% | |
| ₹0.25 | ₹0.27 | ₹0.23 | ₹0.21 | ₹0.19 | |
| — | +17.8% | +9.7% | +10.6% | — | |
| — | 7.3 | 1.6 | 2.1 | −1.0 | |
| — | −2.7 | −0.9 | 0.0 | −0.4 | |
| 4.6 | 4.6 | 0.7 | 2.1 | −1.4 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 417.6 | |
| - Cash, Equiv & ST Investments | 0.2 | 0.1 | 0.3 | 0.2 | 0.2 | |
| + Minority Interest | 0.0 | 4.9 | 5.3 | — | — | |
| + Total Debt | 4.6 | 9.2 | 9.1 | 5.4 | 5.4 | |
| Enterprise Value | — | — | — | — | 422.8 | |
| Revenue | 164.7 | 152.8 | 184.6 | 199.9 | 191.5 | |
| Growth %, YoY | — | -7.2 | +20.8 | +8.3 | — | |
| EBITDA | 13.6 | 16.5 | 18.0 | 21.2 | 20.0 | |
| Margin % | 8.23 | 10.78 | 9.77 | 10.61 | 10.45 | |
| EBIT | 13.3 | 15.3 | 16.3 | 19.4 | 18.1 | |
| Net Income | 9.3 | 10.2 | 11.2 | 13.2 | 12.4 | |
| Margin % | 5.62 | 6.70 | 6.08 | 6.62 | 6.47 | |
| EPS, Adj (current shares) | 0.19 | 0.21 | 0.23 | 0.27 | 0.25 | |
| Growth %, YoY | — | +10.6 | +9.7 | +17.8 | — | |
| Cash from Operations | -1.0 | 2.1 | 1.6 | 7.3 | — | |
| Capital Expenditures | -0.4 | -0.0 | -0.9 | -2.7 | — | |
| Free Cash Flow | -1.4 | 2.1 | 0.7 | 4.6 | 4.6 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Hardwyn India (NSE: HARDWYN) had a market capitalisation of ₹436 crore at the 29 October 2026 close (₹8.92 a share), a PE ratio of 35.1 on the last four quarters' profit and a price-to-book ratio of 1.07. In FY26 its consolidated net profit was ₹13.2 crore on revenue of ₹200 crore; in Q1 FY27 (April–June 2026) it was ₹2.8 crore, down 22.9% year on year. Its debt-to-equity ratio was 0.01 on 31 March 2026. Promoters held 43.77% of the shares on 30 September 2026.
Hardwyn India's PE ratio is 35.1 at the 29 October 2026 close (₹8.92 a share): a market capitalisation of ₹436 crore divided by consolidated net profit of ₹12.4 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹13.2 crore) it is 32.9.
Hardwyn India's debt-to-equity ratio was 0.01 on 31 March 2026: borrowings of ₹5.4 crore against total equity of ₹406 crore. A year earlier, on 31 March 2025, it was 0.02.
Hardwyn India's net worth — shareholders' equity in its consolidated balance sheet — was ₹406 crore on 31 March 2026, up 3.3% from ₹393 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹436 crore at the 29 October 2026 close.
Hardwyn India's price-to-book (PB) ratio is 1.07 at the 29 October 2026 close: a market capitalisation of ₹436 crore divided by shareholders' equity (book value) of ₹406 crore on 31 March 2026. That is a book value of ₹8.32 per share against a share price of ₹8.92.
Hardwyn India's book value per share was ₹8.32 on 31 March 2026: shareholders' equity of ₹406 crore divided by the 48.84 crore shares in issue, up 3.3% from ₹8.05 a year earlier. The share price at the 29 October 2026 close was ₹8.92.
On 30 September 2026, Hardwyn India's shares were held by promoters 43.77%, foreign portfolio investors (FII/FPI) 0.12% and retail and other non-institutional investors 55.65%. Over the year, FII holding was up 0.11 percentage points from 0.01%.
Hardwyn India's market capitalisation was ₹436 crore at the 29 October 2026 close: 48.84 crore shares at ₹8.92 each.
No. Hardwyn India had borrowings of ₹5.4 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.01. Its cash and current investments were ₹2.1 crore, so its net debt was ₹3.4 crore.
Hardwyn India's basic earnings per share (EPS) were ₹0.27 in FY26, against ₹0.23 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.26.
In FY26, Hardwyn India's return on equity (ROE) was 3.3% and its return on capital employed (ROCE) was 4.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 2.9% and ROCE 4.1%.
Hardwyn India's latest results are for Q1 FY27 (April–June 2026), filed on 14 August 2026: consolidated net profit ₹2.8 crore, down 22.9% from ₹3.6 crore in Q1 FY26; revenue from operations ₹34.6 crore, down 19.4% year on year.
At the 29 October 2026 closing prices, on FY26 net profit, Hardwyn India's PE ratio is 32.9, the second highest of the four: Stanley Lifestyles 61.1, Euro Pratik Sales 22.5 and Responsive Industries 26.0, a peer average of 36.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Promoters held 43.77% of Hardwyn India on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Hardwyn India generated ₹7.3 crore of cash from operations and spent ₹2.7 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹4.6 crore. In FY25 it was ₹68 lakh.
Hardwyn India has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
In FY26 (April 2025–March 2026), Hardwyn India's consolidated net profit was ₹13.2 crore, up 17.8% from ₹11.2 crore in FY25, on revenue from operations of ₹200 crore (up 8.3%). Over three years, from FY23, net profit was up 43.0%.
On FY26 consolidated figures, against Stanley Lifestyles, Euro Pratik Sales and Responsive Industries: Hardwyn India's operating margin of 9.7% is the third highest of the four (Stanley Lifestyles 5.7%, Euro Pratik Sales 31.9%, Responsive Industries 12.2%; peer average 16.6%); its return on equity of 3.3% is the third highest of the four (Stanley Lifestyles 2.6%, Euro Pratik Sales 24.9%, Responsive Industries 10.2%; peer average 12.6%).
In FY26, Hardwyn India earned net profit of ₹13.2 crore on revenue of ₹200 crore, against ₹12.1 crore on ₹419 crore for Stanley Lifestyles. Hardwyn India's operating margin was 9.7% (Stanley Lifestyles 5.7%) and its return on equity 3.3% (Stanley Lifestyles 2.6%). At the 29 October 2026 close, Hardwyn India's market capitalisation was ₹436 crore against ₹740 crore for Stanley Lifestyles, and its PE ratio on FY26 profit 32.9 against 61.1.
From Hardwyn India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.