Is Hindustan Hardy Ltd (505893) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Hindustan Hardy Ltd is a average quality company .

Is Hindustan Hardy Ltd (505893) undervalued or overvalued?

The key valuation ratios of Hindustan Hardy Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Hindustan Hardy Ltd (505893) share price return in the past 10 years?

Hindustan Hardy Ltd share price has appreciated 25% annually (CAGR) over the past ten years.

Is Hindustan Hardy Ltd (505893) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hindustan Hardy Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Hindustan Hardy Ltd (505893)?

Company share prices are keep on changing according to the market conditions. The current trading price of Hindustan Hardy Ltd (505893) on 13-Apr-2026 16:59:59 at 16:59 is 788.55.

What is the P/E ratio of Hindustan Hardy?

The latest standalone P/E ratio of Hindustan Hardy as of 13-Apr-2026 is 12.93.

What is the P/B ratio of Hindustan Hardy Ltd (505893)?

The latest standalone P/B ratio of Hindustan Hardy Ltd (505893) as of 13-Apr-2026 is 3.31.

What is the 52-week high and low of Hindustan Hardy Ltd (505893)?

The 52-week high of Hindustan Hardy Ltd (505893) is Rs. 1350.00 and the 52-week low is Rs. 665.00.

Hindustan Hardy Ltd (505893) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Hindustan Hardy Ltd (505893)
Brand: Hindustan Hardy

Hindustan Hardy Ltd (505893) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Key Metrics

Market Cap

₹118 Cr.

P/E Ratio

12.93

Price to Book (P/B)

3.31

Price to Sales (P/S)

1.13

EV/EBITDA

8.65

Return on Capital Employed (ROCE)

28.27%

Current Price

₹788.6

Return on Equity (ROE)

24.96%

Return on Assets (ROA)

13.32%

Operating Profit Margin

12%

Net Profit Margin

8.09%

Gross Profit Margin

12.4%

Book Value per Share

₹237.9

Sales Growth (YoY)

20.06%

Sales Growth (3 Years)

9.18%

Operating Profit Growth (1 Year)

29.39%

Operating Profit Growth (3 Years)

18.15%

Net Profit Growth (1 Year)

35.32%

52-Week Low / High

₹665 / 1,350

Net Profit Growth (3 Years)

21.41%

Dividend Yield

0.41%

Promoter Holding

66.16%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Hindustan Hardy Ltd?

Hindustan Hardy Ltd revenue growth is 20.1% for FY-2025 , which is above its 5 year CAGR of 15.8% , indicating faster growth.

Q.1 Promoter shareholding and pledge status of Hindustan Hardy Ltd?

Promoters hold 66.16% of the Hindustan Hardy Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Hindustan Hardy Ltd vs industry peers?

Hindustan Hardy Ltd revenue CAGR is 15.81% , compared to the industry median CAGR of 11.82% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Hindustan Hardy Ltd belong to?

Hindustan Hardy Ltd belongs to the Automobiles sector, operating specifically within the Auto Ancillary segment.

Q.1 Stock return of Hindustan Hardy Ltd over the last decade?

Over the last 9 years, the stock has delivered a CAGR of 25% based on the current price.

DeciZen - make an informed investing decision on Hind Hardy

Based on:

Data

Overall Rating ⓘ
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

3. Price Trend

Hindustan Hardy stock performance

Key Ratios

Is Hindustan Hardy Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	11.5%	0.3%	11.4%	15.9%	3.4%	33.8%	29.2%	25.9%	27.5%	28.3%	-
Value Creation Index ⓘ	-0.2	-1.0	-0.2	0.1	-0.8	1.4	1.1	0.9	1.0	1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	55.2	36.9	37.9	46.6	39.1	44.6	62.6	63.1	67.8	81.5	104
Sales YoY Gr.	-	-33.2%	2.9%	22.9%	-16.1%	14.1%	40.3%	0.8%	7.5%	20.1%	-
Adj EPS ⓘ	1	-3.9	2.8	3	-0.6	21.5	24.3	23.8	32	43.4	61
YoY Gr.	-	-490.9%	NA	5%	-121.6%	NA	13.4%	-2.1%	34.3%	35.5%	-
BVPS (₹) ⓘ	55.5	49	54.4	57.7	56.4	76.8	99.8	123.7	155.5	197	237.9
Adj Net Profit ⓘ	0.2	-0.6	0.4	0.4	-0.1	3.2	3.7	3.6	4.8	6.5	9
Cash Flow from Ops. ⓘ	2.6	1.1	2	0.4	3.6	1.7	0.8	5	6.4	1.6	-
Debt/CF from Ops. ⓘ	2.4	4.9	2	13.6	1	2.2	8.5	0.8	0.6	4.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.4%	15.8%	9.2%	20.1%
Adj EPS ⓘ	52.2%	NA	21.2%	35.5%
BVPSⓘ	15.1%	28.4%	25.4%	26.7%
Share Price	25%	41.3%	43.8%	8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	1.8	-7.4	5.5	5.3	-1.1	32.2	27.6	21.3	22.9	24.6	28
Op. Profit Mgn % ⓘ	3.7	2.5	2.7	5.7	2	11.7	9.4	9.5	11.2	12	12.6
Net Profit Mgn % ⓘ	0.3	-1.6	1.1	1	-0.3	7.2	5.8	5.7	7.1	8	8.8
Debt to Equity ⓘ	0.8	0.7	0.5	0.6	0.4	0.3	0.4	0.2	0.2	0.3	-
Working Cap Days ⓘ	129	189	181	160	181	171	143	149	147	148	73
Cash Conv. Cycle ⓘ	19	40	57	64	79	69	69	76	74	72	32

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	61	-
TTM Sales (₹ Cr.)	104	-
BVPS (₹) ⓘ	237.9	-
Reserves (₹ Cr.) ⓘ	34	-
P/BV ⓘ	3.31	-
PE ⓘ	12.93	-

From the Market
52 Week Low / High (₹)	665.00 / 1350.00
All Time Low / High (₹)	7.10 / 1350.00
Market Cap (₹ Cr.)	118
Equity (₹ Cr.)	1.5
Face Value (₹)	10
Industry PE ⓘ	42.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Hind Hardy - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	55	37	38	47	39	45	63	63	68	81
Operating Expenses ⓘ +	53	36	37	44	38	39	57	57	60	72
Manufacturing Costs	4	5	5	6	5	5	8	8	8	10
Material Costs	33	20	20	25	20	22	34	34	36	45
Employee Cost	8	7	8	9	9	8	10	9	10	10
Other Costs ⓘ	7	4	4	4	5	4	5	6	7	7
Operating Profit ⓘ	2	1	1	3	1	5	6	6	8	10
Operating Profit Margin (%)	3.7%	1.7%	2.7%	5.5%	2.0%	11.5%	9.4%	9.5%	11.1%	12.0%
Other Income ⓘ +	1	0	1	0	0	0	0	1	0	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	1	1	0	0	0	0	0	0	0	0
Depreciation ⓘ	1	1	1	1	1	1	1	1	1	1
Profit Before Tax ⓘ	1	-1	1	2	0	4	5	5	7	9
Tax ⓘ	0	-0	0	1	0	1	1	1	2	2
Profit After Tax	1	-1	1	0	0	3	4	4	5	7
PAT Margin (%)	1.0%	-2.1%	2.4%	0.8%	0.1%	7.1%	5.9%	6.1%	7.2%	8.1%
Adjusted EPS (₹)	3.7	-5.2	6.1	2.6	0.2	21.3	24.6	25.6	32.5	44.0
Dividend Payout Ratio (%)	13%	0%	0%	46%	0%	9%	8%	9%	8%	6%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	8	7	8	9	8	12	15	19	23	30
Share Capital ⓘ	1	1	1	1	1	1	1	1	1	1
Reserves ⓘ	7	6	7	7	7	10	13	17	22	28
Debt +	6	5	4	5	4	4	6	4	4	8
Long Term Debt	1	0	0	0	0	1	2	2	2	3
Short Term Debt	5	5	4	5	3	3	4	2	2	5
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	11	7	8	8	8	10	9	10	11	16
Others Liabilities ⓘ	4	3	4	4	3	5	2	3	4	3
Total Liabilities ⓘ	29	23	24	26	23	30	33	36	43	56
Fixed Assets
Net Fixed Assets ⓘ +	6	4	4	4	5	5	7	7	7	11
Gross Block	20	5	6	6	8	8	11	12	12	18
Accumulated Depreciation	14	1	2	2	3	3	4	5	6	7
CWIP ⓘ	0	1	0	0	0	1	0	0	4	3
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	5	4	4	5	5	5	5	6	7	10
Trade Receivables	11	9	12	13	10	17	19	20	20	26
Cash Equivalents	0	0	0	0	0	1	2	2	4	4
Others Assets ⓘ	6	6	4	3	2	2	1	1	1	2
Total Assets ⓘ	29	23	24	26	23	30	33	36	43	56

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	3	1	2	0	4	2	1	5	6	2
PBT ⓘ	1	-1	1	2	0	4	5	5	7	9
Adjustment ⓘ	2	2	1	1	1	1	1	1	1	1
Changes in Working Capital ⓘ	-0	0	-0	-2	3	-3	-4	-0	1	-6
Tax Paid ⓘ	0	-0	-0	-1	-0	-1	-1	-1	-2	-3
Cash Flow From Investing Activity ⓘ +	-1	1	-0	-1	-1	-1	-2	-1	-4	-5
Capex	-0	1	-0	-1	-1	-1	-2	-1	-4	-5
Net Investments	-1	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	0	-0	0
Cash Flow From Financing Activity ⓘ +	-1	-2	-2	1	-3	-0	2	-3	-0	3
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-0	0	0	0	-0	1	0	0	0	0
Interest Paid ⓘ	-1	-1	-0	-0	-0	-0	-0	-0	-0	-0
Dividend Paid ⓘ	0	0	0	0	-0	0	-0	-0	-0	-0
Others ⓘ	-0	-1	-1	1	-2	-1	3	-3	0	4
Net Cash Flow ⓘ	-0	0	-0	-0	0	1	1	1	2	-0

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	6.9	-9.99	11.81	4.66	0.37	31.92	27.82	22.91	23.28	24.96
ROCE (%)	11.46	0.26	11.4	15.94	3.41	33.83	29.24	25.88	27.49	28.27
Asset Turnover Ratio	2.13	1.51	1.62	1.85	1.59	1.68	1.98	1.82	1.73	1.65
PAT to CFO Conversion(x)	3	N/A	2	N/A	N/A	0.67	0.25	1.25	1.2	0.29
Working Capital Days
Receivable Days	67	94	101	100	109	111	105	112	107	105
Inventory Days	30	40	36	37	49	43	29	31	34	37
Payable Days	114	168	144	123	146	147	106	108	109	109

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Hindustan Hardy Ltd FAQs

The current trading price of Hind Hardy on 13-Apr-2026 16:59 is ₹788.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Apr-2026 the market cap of Hind Hardy stood at ₹118.2 Cr

The latest P/E ratio of Hind Hardy as of 12-Apr-2026 is 12.93.

The latest P/B ratio of Hind Hardy as of 12-Apr-2026 is 3.31.

The 52-week high of Hind Hardy is ₹1,350 and the 52-week low is ₹665.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hind Hardy is ₹104 ( Cr.) .

About Hindustan Hardy Ltd

Hindustan Hardy Spicer (HINDHARD) was incorporated in 1982 and got its present name in 1994. It is engaged in manufacturing propeller shafts and components under technical license from Hardy Spicer, UK and Gelenkwellenbau, Germany.

The registered office of the company is located at Bombay Footwear Building, Deonar Village Road, Mumbai-400088.

The company entered into a technical licence agreement with Glenkwellenban GmbH (GWB), for a period of 10 years. The collaboration agreement provided that, GWB would invest upto a maximum of 26% in the total equity capital i.e., upto a maximum of Rs 39.00 lakh.

Business area of the company:

It manufactures propeller shafts in the range of 1100 to 1800 series for the construction and agriculture equipment manufacturers, automotive and other sectors with an installed capacity of 245,000 propeller shafts. It has developed products like a two-piece propeller shaft for Mahindra Allwyn Nissan`s Cabston, US kit for Bajaj Tempo Matador FAS, journal and bearing races for Telco.

Clientele of the company includes:

Ashok Leyland, Bajaj Tempo, Hindustan Motors, Volvo India, Eicher, Tata Iron & Steel Company, Apex Innovation, Laxmi Machine Works, and Jindal Iron & Steel Company, among others. Exports to UK, Sri Lanka and Nepal have picked up, which contribute around 40% to the turnover.

Awards and recognition:

It is an ISO 9001:2000 certified company.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Hindustan Hardy Ltd (505893) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Hind Hardy Share Price