Hardwyn India Ltd - Stock Valuation and Financial Performance

BSE: 541276 | NSE: HARDWYN | Aluminium & Aluminium Products | Small Cap

Hardwyn India Share Price

33.55 -0.13 -0.39%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Hardwyn India

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Hardwyn India stock performance -

mw4me loader
P/E Ratio (SA):
114.30
Market Cap:
1,164.6 Cr.
52-wk low:
17.3
52-wk high:
57

Is Hardwyn India Ltd an attractive stock to invest in?

1. Is Hardwyn India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Hardwyn India Ltd is a below average quality company.

2. Is Hardwyn India Ltd undervalued or overvalued?

The key valuation ratios of Hardwyn India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Hardwyn India Ltd a good buy now?

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

10 Year X-Ray of Hardwyn India:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Hardwyn India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1%1.4%2.5%10.8%18.9%4.6%-
Value Creation
Index
-0.9-0.9-0.8-0.20.4-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 18.242.211.557.784.6125128
Sales YoY Gr.-132.2%-72.7%400.8%46.5%47.9%-
Adj EPS 0000.10.20.30.3
YoY Gr.--100%NANA166.7%56.3%-
BVPS (₹) 0.50.50.50.60.810.710.9
Adj Net
Profit
0.100.11.33.38.610
Cash Flow from Ops. -6.8-9.16.3-3.6-0.23.6-
Debt/CF from Ops. 0-0.70-1.4-37.31.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA47.1%121.4%47.9%
Adj EPS NA90.4%NA56.3%
BVPSNA83.7%175.6%1324%
Share Price - 141.3% 111.2% 65.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
10.4111.923.84.42.7
Op. Profit
Mgn %
0.50.64.13.66.110.611.6
Net Profit
Mgn %
0.40.10.92.33.86.97.9
Debt to
Equity
00.600.40.40-
Working Cap
Days
011447416020116590
Cash Conv.
Cycle
09836262455634

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 121.36%

Return on Equity has declined versus last 3 years average to 2.70%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.36%

Latest Financials - Hardwyn India Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 0.3
TTM Sales (₹ Cr.) 128 165
BVPS (₹.) 10.9 10.9
Reserves (₹ Cr.) 344 344
P/BV 3.07 3.07
PE 114.30 100.69
From the Market
52 Week Low / High (₹) 17.25 / 57.00
All Time Low / High (₹) 0.28 / 57.00
Market Cap (₹ Cr.) 1,165
Equity (₹ Cr.) 34.9
Face Value (₹) 1
Industry PE 18.1

Management X-Ray of Hardwyn India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Hardwyn India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1842125885125
Operating Expenses 1842115679112
Manufacturing Costs000022
Material Costs1841115372102
Employee Cost 000123
Other Costs 010235
Operating Profit 0002513
Operating Profit Margin (%) 0.5%0.6%4.1%3.6%6.1%10.5%
Other Income 000001
Interest 000011
Depreciation 000000
Exceptional Items 000000
Profit Before Tax 0002513
Tax 000114
Profit After Tax 000239
PAT Margin (%) 0.4%0.1%0.9%2.7%4.0%7.2%
Adjusted EPS (₹)0.00.00.00.10.20.3
Dividend Payout Ratio (%)0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 710101215373
Share Capital 71010101026
Reserves 00025346
Minority Interest000000
Debt060575
Long Term Debt000000
Short Term Debt060575
Trade Payables212213227
Others Liabilities 000135
Total Liabilities 917133957409

Fixed Assets

Gross Block000011
Accumulated Depreciation000000
Net Fixed Assets000011
CWIP 000000
Investments 00000348
Inventories000101432
Trade Receivables9179213021
Cash Equivalents 000111
Others Assets0047116
Total Assets 917133957409

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -7-96-404
PBT 0001513
Adjustment 000011
Changes in Working Capital -7-96-5-4-7
Tax Paid 0001-1-4
Cash Flow From Investing Activity 0000-10
Capex 0000-10
Net Investments 000000
Others 000000
Cash Flow From Financing Activity 79-651-3
Net Proceeds from Shares 730000
Net Proceeds from Borrowing 000000
Interest Paid 0000-1-1
Dividend Paid 000000
Others 06-652-2
Net Cash Flow 000100
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.030.350.9713.7924.994.66
ROCE (%)1.41.983.4517.1327.326.83
Asset Turnover Ratio1.953.180.772.221.760.54
PAT to CFO Conversion(x)-INF-INFINF-200.44
Working Capital Days
Receivable Days1781124159611275
Inventory Days106325267
Payable Days45145781135107

Hardwyn India Ltd Stock News

Hardwyn India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Hardwyn India on 28-Mar-2024 16:01 is ₹33.55.
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 28-Mar-2024 16:01 the market cap of Hardwyn India stood at ₹1,164.6.
The latest P/E ratio of Hardwyn India as of 28-Mar-2024 16:01 is 114.3.
The latest P/B ratio of Hardwyn India as of 28-Mar-2024 16:01 is 3.07.
The 52-week high of Hardwyn India is ₹57.00 and the 52-week low is ₹17.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hardwyn India is ₹128.4 ( Cr.) .

About Hardwyn India Ltd

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