HARDWYN

Hardwyn India Limited (HARDWYN) Stock Analysis

Hardwyn India Limited is an Indian building materials company making doors, windows, and architectural hardware systems. It sells fenestration and interior products through dealers. The company targets residential and commercial construction. It is listed on Indian stock exchanges.

Industrials › Building Products & Equipment

₹9.20

+0.00% 1W | -5.10% 52W

Market Cap

628 CR

P/E Ratio

48.4

52W High

₹20.2

52W Low

₹7.6

Div. Yield

Beta

-0.3

50 DMA

₹9.7

200 DMA

₹13.5

Profit Margin

6.5%

Inst. Own.

🚀 BREAKOUT

Fundamentals

Profit & Loss

Metric	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	36.86	31.94	39.90	44.15	40.93	51.65	46.39	45.64	42.94	50.69	49.08	57.15	34.60
Expenses	35.27	29.67	33.25	38.18	38.49	45.43	39.99	42.66	37.25	43.91	46.06	51.42	30.10
Operating Profit	1.59	2.27	6.65	5.97	2.44	6.22	6.40	2.98	5.69	6.78	3.02	5.73	4.50
OPM %	4.31%	7.11%	16.67%	13.52%	5.96%	12.04%	13.80%	6.53%	13.25%	13.38%	6.15%	10.03%	13.01%
Other Income	0.20	0.08	0.07	0.15	0.03	0.09	0.26	0.39	0.05	0.03	0.14	0.32	0.03
Interest	0.16	0.20	0.51	0.30	0.16	0.16	0.59	0.29	0.17	0.20	0.23	0.50	0.31
Depreciation	0.07	0.07	0.14	0.94	0.42	0.45	0.44	0.45	0.41	0.46	0.47	0.51	0.51
Profit before tax	1.56	2.08	6.07	4.88	1.89	5.70	5.63	2.63	5.16	6.15	2.46	5.04	3.71
Tax %	28.85%	28.85%	29.00%	31.56%	29.10%	29.12%	28.95%	29.28%	29.46%	29.27%	27.24%	31.94%	24.26%
Net Profit	1.11	1.48	4.31	3.33	1.34	4.04	3.99	1.86	3.63	4.35	1.79	3.43	2.80
EPS in Rs	0.02	0.02	0.06	0.05	0.02	0.06	0.06	0.03	0.05	0.06	0.03	0.05	0.04

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	164	152	184	200	192
Expenses	150	136	166	179	171
Operating Profit	14	16	18	21	20
OPM %	8%	11%	10%	11%	10%
Other Income	1	0	1	1	1
Interest	1	1	1	1	1
Depreciation	0	1	2	2	2
Profit before tax	13	15	16	19	17
Tax %	29%	30%	29%	30%
Net Profit	9	10	11	13	12
EPS in Rs	0.14	0.15	0.16	0.19	0.18
Dividend Payout %	-0%	-0%	-0%	-0%

Growth — CAGR

Metric	3Y	5Y	10Y
Revenue CAGR	7.0%	–	–
Profit CAGR	12.0%	–	–

Shareholding Pattern

Period

Promoters43.77%

FIIs0.31%

Public55.45%

HARDWYN

Holdings Analysis

Key strengths & risk signals

Overall

Fundamental

Technical

Risks (4)

TOO MUCH PUBLIC HOLDING! 55.4% public ownership - higher volatility risk.

WEAK POSITION! Current price (9.2) is below both moving averages.

WEAK! Trading at 12.7% of 52W range - near yearly lows.

WEAK YEAR! Stock declined 5.1% in the last year.

Strengths (4)

GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.

BREAKOUT! Stock has broken above resistance levels with momentum.

LOW VOLATILITY! Beta of -0.30 - stable stock, less market risk.

APPROACHING OVERSOLD! RSI at 34.1 - watch for reversal.

Fundamental & Technical Analysis

54Overall

51Fundamental

57Technical

Fundamental Breakdown

Growth Quality

19/30

Revenue CAGR: 6.7% (MODERATE, 8/15). Profit CAGR: 12.5% (GOOD, 11/15).

Profit Margin

3/10

LOW MARGIN! 6.5% profit margin - thin profits.

PEG Valuation

3/10

OVERVALUED! PEG of 3.87 means expensive relative to growth rate.

Dividend Yield

3/10

NEGLIGIBLE DIVIDEND! 0% yield - little to no income.

Debt to Equity

10/10

VERY LOW DEBT! D/E of 0.00 - excellent financial health.

Public Holding

5/20

TOO MUCH PUBLIC HOLDING! 55.4% public ownership - higher volatility risk.

Stability Index

8/10

GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.

Technical Breakdown

Moving Averages

5/10

BEARISH TREND! 50-day average (9.7) is below 200-day average (13.5) - negative signal.

Price Position

2/10

WEAK POSITION! Current price (9.2) is below both moving averages.

Trend Pattern

20/20

BREAKOUT! Stock has broken above resistance levels with momentum.

52W Performance

3/10

WEAK YEAR! Stock declined 5.1% in the last year.

Volume Sentiment

15/30

BEARISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 1,059,695 vs down days: 1,321,628. Ratio: 0.8x

RSI

4/5

APPROACHING OVERSOLD! RSI at 34.1 - watch for reversal.

52W Range

1/5

WEAK! Trading at 12.7% of 52W range - near yearly lows.

Momentum

2/5

WEAK MOMENTUM! Limited price growth - 0.0% (1 week), 2.9% (1 month), -62.8% (3 months).

Beta

5/5

LOW VOLATILITY! Beta of -0.30 - stable stock, less market risk.

Peer Comparison

Industrials · Building Products & Equipment · 8 stocks

Industry peers

Stock	Price	P/E	Profit Margin	Revenue CAGR 5Y	Profit CAGR 5Y	52W Change	Stock Strength	Trendline	YoY Profit	QoQ Profit	YoY Revenue	QoQ Revenue
HARDWYN	₹9.20	48.4	6.5%	6.7%	12.5%	-5.1%	54	BREAKOUT	-22.2%	-17.6%	-19.3%	-39.5%
PPL	₹249.20	12.1	6.0%	3.6%	-15.3%	-17.5%	51	BREAKDOWN	+59.2%	+21.5%	+18.7%	+8.2%
ORIENTBELL	₹400.40	28	2.8%	-0.6%	-17.9%	+41.5%	62	CONSOLIDATING UP	-2,175.0%	+33.9%	+42.8%	-4.9%
VISAKAIND	₹84.60	8.5	4.9%	0.3%	16.8%	+0.5%	61	APPROACHING SUPPORT	+1.2%	+31.8%	+16.7%	+23.0%
EVERESTIND	₹472.10	–	-0.1%	-5.1%	–	-26.5%	57	BREAKOUT	+6,281.3%	-316.3%	-12.9%	+33.2%
BIGBLOC	₹35.50	295.5	0.5%	12.3%	–	-30.8%	45	BREAKDOWN	-106.3%	-77.8%	+40.2%	-9.0%
SEJALLTD	₹670.30	23.3	7.2%	104.4%	54.1%	-12.7%	69	BREAKOUT	+61.4%	-37.2%	+52.9%	+2.9%
SAHYADRI	₹327.40	8	6.2%	4.7%	-7.9%	+32.4%	63	BREAKDOWN	+145.4%	+150.0%	+20.6%	+33.1%

Data from TradeAlone · Updated daily

HARDWYN News

Hardwyn India Limited (hardwyn) Expands Market Reach in Tier-ii and Tier-iii Cities2026-05-30