Hardwyn India Limited chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 71.03
Dividend & YieldN/A₹ (N/A)
Beta 0.95
Market capitalization 2.25B
Operating cash flow -32.45M
ESG Scores unknown

Company description

Hardwyn India Limited engages in the trading of aluminum products under the Hardwyn brand in India and internationally. The company's products include door closers, floor springs, glass patch fittings, point fixed architectural fittings, shower enclosure fittings, shower hinges, plastic profiles, mortise handle and locks, spider fittings, shower sliding system, motion gate series, automatic and shower doors, stainless steel railings and balustrades, brass and zinc handles, cylindrical and furniture locks, telescopic channels, and electronic safes, as well as bathroom accessories and aluminum profile products. It serves architects, builders, fabricators, interior decorators, corporate houses, and government contractors. The company was formerly known as Garv Industries Limited and changed its name to Hardwyn India Limited in January 2020. Hardwyn India Limited was founded in 1965 and is based in New Delhi, India.

Sector: Industrials - Industry: Building Products & Equipment

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 44.09M -12.61M 15.26M 187.36M
Total Cashflows From Investing Activities -135.55k -367.96k -442.13k -1.62M
Net Borrowings 59.28M 59.28M -59.01M 49.02M
Total Cash From Financing Activities 140M 89.4M -62.27M 46.92M
Change To Operating Activities -4.73M 1.21M -33.69M -22.61M
Issuance Of Stock 140M 32M
Net Income 1.45M 305.57k 999.37k 15.36M
Change In Cash 3.21M -1.6M 11.35k 9.34M
Effect Of Exchange Rate
Total Cash From Operating Activities -136.66M -90.64M 62.72M -35.96M
Depreciation 20.26k 161.81k 199.46k 358.22k
Change To Account Receivables -176.94M -81.98M 78.52M -120.42M
Other Cashflows From Financing Activities -1.88M -1.88M -3.26M -2.09M
Change To Netincome 695.87k 1.64M 3.22M 2.03M
Capital Expenditures -135.55k -367.96k -442.13k -1.62M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 1.95M 420.25k 1.32M 21.23M
Net Income 1.45M 305.57k 999.37k 15.36M
Selling General Administrative 3.28M 1.78M 586.24k 11.34M
Gross Profit 5.28M 9.45M 6.7M 38.18M
Ebit 1.98M 2.3M 4.58M 20.19M
Operating Income 1.98M 2.3M 4.58M 20.19M
Interest Expense -26.45k -1.82M -3.21M -1.65M
Income Tax Expense 495.87k 114.67k 324.09k 5.87M
Total Revenue 362.98M 421.6M 115.35M 577.43M
Cost Of Revenue 357.7M 412.14M 108.65M 539.25M
Total Other Income ExpenseNet -31.49k -1.88M -3.26M 1.04M
Net Income From Continuing Ops 1.45M 305.57k 999.37k 15.36M
Net Income Applicable To Common Shares 1.45M 305.57k 999.37k 15.36M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 22.4M 68.89M 25.54M 270.43M
Total Stockholder Equity 70.73M 103.03M 104.03M 119.4M
Other Current Liabilities 251.05k 135.26k 365.34k 6.1M
Total Assets 93.13M 171.92M 129.57M 389.83M
Common Stock 70M 102M 102M 102M
Other Current Assets 844k 553.95k 34.85M 66.19M
Retained Earnings 726.95k 1.03M 2.03M 17.4M
Treasury Stock
Cash 1.6M 420 11.77k 9.35M
Total Current Liabilities 22.4M 68.89M 25.54M 270.43M
Other Stockholder Equity
Property, Plant, and Equipment 57.64k 263.79k 506.46k 1.77M
Total Current Assets 93.07M 171M 128.58M 387.72M
Net Tangible Assets 70.73M 103.03M 104.03M 119.4M
Net Receivables 90M 170.45M 91.93M 212.35M
Accounts Payable 22.05M 9.44M 24.7M 212.06M


Insider Transactions

Here are the insider transactions of stock shares related to Hardwyn India Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
R S Services Pvt LtdD2019-09-24Promoter4.9M
Sayal (Rubaljeet Singh)D2019-09-24UNREPORTED1.4M
Sayal (Swaran Jeet Singh)D2019-09-24UNREPORTED3.5M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Hardwyn India Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Hardwyn India Limited

Here is the result of two systematic investment strategies applied to Hardwyn India Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Hardwyn India Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Hardwyn India Limited:

Hardwyn India Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %
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Momentum strategy results on Hardwyn India Limited

This is the result of two momentum investment strategies applied to Hardwyn India Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Hardwyn India Limited

The following chart shows all the entries opened by the momentum investment system on Hardwyn India Limited:

Hardwyn India Limited momentum entries
  • The first momentum investment strategy would give 0% of return on Hardwyn India Limited. That represents 0.0₹ of latent gain with 0.0₹ of employed capital.
  • The second momentum investment strategy would give 0% of return on Hardwyn India Limited. That represents 0.0₹ of latent gain with 0.0₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

-0.0 %

Momentum equity curve on Hardwyn India Limited

The following chart shows the equity curve of the two momentum strategies applied to Hardwyn India Limited:

Hardwyn India Limited momentum equity

Note: the dividends potentially given by Hardwyn India Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hardwyn India Limited

The following chart shows the employed capital evolution of the two momentum strategies on Hardwyn India Limited since the beginning:

Hardwyn India Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on Hardwyn India Limited

Buy the dip entry openings on Hardwyn India Limited

Hardwyn India Limited

The performance achieved by the robo-advisor on Hardwyn India Limited is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows Hardwyn India Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Hardwyn India Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

-0.0 %

Equity curve of the strategy applied to Hardwyn India Limited

The following chart shows the result of the investment strategy applied to Hardwyn India Limited:

Hardwyn India Limited

Note: the dividends potentially given by Hardwyn India Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hardwyn India Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Hardwyn India Limited:

Hardwyn India Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Hardwyn India Limited

In this section, I will compare the three previous investment strategies applied to Hardwyn India Limited.

Equity curve comparison on Hardwyn India Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Hardwyn India Limited investment strategy comparison

Employed capital comparison on Hardwyn India Limited

Hardwyn India Limited investment comparison

Performance comparison on Hardwyn India Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0₹ 0.0₹ 0.0%
Momentum 1 quarter 0% 0.0₹ 0.0₹ -0.0%
Momentum 2 quarters 0% 0.0₹ 0.0₹ -0.0%
Non-directional 0% 0.0₹ 0.0₹ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Hardwyn India Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Hardwyn India Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Hardwyn India Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Hardwyn India Limited
Country India
City New Delhi
Address B-101, Mayapuri industrial Area
Phone 91 11 2811 5352
Website www.hardwyn.com
FullTime employees 50
Industry Building Products & Equipment
Sector Industrials
Exchange XNSE
Ticker HARDWYN.XNSE
Market

Hardwyn India Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown