The stock market was positive on Friday and most of the indices started in the green. While Nifty 50 saw a gain of 0.59%, the BSE Sensex gained 0.52%. If we talk about BSE Mid Cap, it also recorded a gain of 0.78% and BSE Small Cap recorded a gain of 0.68%.
Along with the green signal of the market, good gains were also seen in individual stocks. One of the stocks, Hardwyn India Ltd (NSE: HARDWYN), jumped 8.89% on Friday and closed at a share price of Rs 45.95. The stock’s 52-week high is Rs 62.27 and its 52-week low is Rs 23.45.
The company recently announced its quarterly results for Q3FY24. As per the standalone quarterly results, net sales declined by -3.52% to Rs 35.06 crore, but net profit increased by 204.44% to Rs 4.11 crore in Q3 compared to Rs 1.35 crore in Q2. During the same period year on year, the company’s sales have increased by 0.59% and profit by 25.68%.
| Period | Sales | Profit | OPM % |
| Dec 2022 | 34.72 | 3.27 | 13.77% |
| Sep 2023 | 36.34 | 1.35 | 5.70% |
| Dec 2023 | 35.06 | 4.11 | 18.14% |
Hardwyn India Compounded Sales and Profit Growth
| Period | Sales Growth | Profit Growth |
| 5 Years | 47.00% | 164.00% |
| 3 Years | 121.00% | 349.00% |
Hardwyn India Last 12 Months Performance
| Period | Closing | Growth |
| 1M | ₹44.13 | 3.81% |
| 2M | ₹40.35 | 13.53% |
| 3M | ₹39.50 | 15.97% |
| 4M | ₹38.74 | 18.25% |
| 5M | ₹39.20 | 16.86% |
| 6M | ₹40.02 | 14.47% |
| 7M | ₹43.53 | 5.24% |
| 8M | ₹48.10 | -4.76% |
| 9M | ₹36.79 | 24.52% |
| 10M | ₹34.10 | 34.34% |
| 11M | ₹30.16 | 51.89% |
| 12M | ₹30.54 | 50.00% |
Hardwyn India Ltd Performance (Year-wise)
| Year | Open | Close | Gain/ Fall |
| 2024 | ₹40.41 | ₹45.81 | 13.36% |
| 2023 | ₹34.07 | ₹40.62 | 19.23% |
| 2022 | ₹5.25 | ₹34.60 | 559.05% |
| 2021 | ₹4.67 | ₹5.52 | 18.20% |
| 2020 | ₹1.65 | ₹4.57 | 176.97% |
| 2019 | ₹0.37 | ₹1.58 | 327.03% |
| 2018 | ₹0.67 | ₹0.38 | -43.28% |
Hardwyn India Ltd Performance (Compounded)
In the table below you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000 then what is the value of those Rs 10,000 worth of shares today…
| Period | Growth | Returns on ₹10k | CAGR |
| 1Y | 50% | ₹15k | 50.00% |
| 2Y | 564% | ₹66k | 157.67% |
| 3Y | 761% | ₹86k | 104.97% |
| 4Y | 3507% | ₹3.61 lakh | 145.07% |
| 5Y | 9647% | ₹9.75 lakh | 149.90% |
| MAX | 6737% | ₹6.84 lakh | 106.70% |
- If we look at the performance of the last two years, it has seen a rise of more than 564 percent.
- In the past three years, it has increased investors’ money by more than 8 times.
- For investors who had invested Rs 10,000 in it 5 years ago, the value of those ₹10 thousand shares has increased to ₹9.75 lakh today.
- The company’s stock CAGR growth from the listing is 106.70 percent.
About the Company
Hardwyn India Limited specializes in the production of architectural hardware and glass fittings, offering comprehensive solutions for both residential and commercial construction.
| Market Cap | ₹ 1,598 Cr. |
| Current Price | ₹ 45.8 |
| High / Low | ₹ 57.2 / 17.3 |
| Intrinsic Value | ₹ 17.9 |
| Book Value | ₹ 10.8 |
| Face Value | ₹ 1.00 |
| ROCE | 6.83 % |
| ROE | 4.66 % |
| PEG Ratio | 0.95 |
| EPS | ₹ 0.29 |
| P/B Value | 4.26 |
| Dividend Yield | 0.00 % |
| Stock P/E | 157 |
| Industry PE | 38.2 |
| OPM | 11.6 % |
| Quick Ratio | 0.83 |
| Debt | ₹ 5.07 Cr. |
| Debt to equity | 0.01 |
| Current liabilities | ₹ 46.2 Cr. |
| Current assets | ₹ 72.0 Cr. |
| NCAVPS | ₹ 0.89 |
| Return on Assets | 3.88 % |
| Reserves | ₹ 340 Cr. |
| Cash Equivalents | ₹ 1.45 Cr. |
| Inventory | ₹ 33.9 Cr. |
Disclaimer: This article is for informational purposes only and should not be considered investment advice.
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