Hindustan Hardy Ltd (HINDHARD)

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Hindustan Hardy Ltd (HINDHARD) · mywealthgrid

About

Hindustan Hardy Ltd operates in Auto Components & Equipments within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹115 Cr

P/E

36.1×

P/B

3.1×

Dividend yield

0.7%

ROE

25%

ROCE

31.9%

Debt / equity

0.25

OPM

11.1%

EPS (TTM)

₹21.2

Book value

₹250.0

52-week high

—

52-week low

—

1,797 historical price candles were omitted because the exchange source has not been verified.

₹766.2+0.6%1Y

Quick read

rule-based

Pros

+Strong return on equity of 24.4% (3-yr avg)
+High return on capital employed of 30.9%
+Profit CAGR of 21.4% over the last 5 years
+Revenue CAGR of 19.5% over the last 5 years
+Comfortable interest coverage of 33.4×
+Dividend payout of 26.4% of profit
+High promoter holding of 66.2% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

72/100

Business quality: 75
Growth: 95

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Samvardhana Motherson International LimitedMOTHERSONMOTHERSON	₹1,65,731 Cr	₹1,81,626 Cr	₹1,31,135 Cr	₹12,541 Cr	9.4%	₹4,380 Cr	3.2%	12.6%	10.2%	-26
Bosch LimitedBOSCHLTDBOSCHLTD	₹1,34,166 Cr	₹1,34,166 Cr	₹21,088 Cr	₹2,832 Cr	13.2%	₹2,363 Cr	13.8%	21%	19.4%	13
Bharat Forge LimitedBHARATFORGBHARATFORG	₹89,644 Cr	₹96,518 Cr	₹17,543 Cr	₹2,963 Cr	17.4%	₹706 Cr	6.5%	17.9%	11.5%	136
Uno Minda LimitedUNOMINDAUNOMINDA	₹64,160 Cr	₹66,698 Cr	₹20,725 Cr	₹2,280 Cr	11.5%	₹1,202 Cr	6.5%	19.3%	19.1%	37
Schaeffler India LimitedSCHAEFFLERSCHAEFFLER	₹60,732 Cr	₹60,787 Cr	₹10,505 Cr	₹1,917 Cr	18.2%	₹1,253 Cr	11.9%	27.3%	20.2%	68
Sona Blw Precision Forgings LimitedSONACOMSSONACOMS	₹50,071 Cr	₹50,314 Cr	₹4,935 Cr	₹1,207 Cr	24.7%	₹686 Cr	14.1%	14.6%	11%	121
Tube Investments Of India LimitedTIINDIATIINDIA	₹45,302 Cr	₹45,695 Cr	₹23,754 Cr	₹2,260 Cr	9.9%	₹607 Cr	4.9%	15.4%	9.6%	41
Endurance Technologies LimitedENDURANCEENDURANCE	₹36,602 Cr	₹37,928 Cr	₹15,592 Cr	₹2,058 Cr	13.5%	₹970 Cr	6.5%	18.5%	15.2%	-6
Exide Industries LimitedEXIDEINDEXIDEIND	₹34,803 Cr	₹35,896 Cr	₹18,829 Cr	₹1,954 Cr	10.4%	₹932 Cr	4.8%	8.9%	6.1%	42
Dhoot Transmission LimitedDHOOTTRANSDHOOTTRANS	₹29,518 Cr	₹30,359 Cr	₹4,525 Cr	₹711 Cr	15.7%	₹397 Cr	8.8%	30.8%	23.1%	69
Craftsman Automation LimitedCRAFTSMANCRAFTSMAN	₹26,897 Cr	₹30,238 Cr	₹8,717 Cr	₹1,357 Cr	15.3%	₹465 Cr	4.8%	16.1%	12.5%	74
Sansera Engineering LimitedSANSERASANSERA	₹26,686 Cr	₹27,144 Cr	₹3,753 Cr	₹696 Cr	18.1%	₹351 Cr	9.3%	14.7%	11.1%	98

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	55	37	38	47	39	45	63	63	68	81	109
COGS	-33	-19	-20	-25	-20	22	34	34	36	45	61
Gross profit	—	—	—	—	—	23	29	29	32	37	48
	87	56	57	69	58	18	23	23	24	27	36
	2	0	1	3	1	5	6	6	8	10	12
OPM %	3.7%	0.6%	2.7%	5.5%	2%	11.5%	9.4%	9.5%	11.1%	12%	11.1%
Depreciation	1	1	1	1	1	1	1	1	1	1	2
Interest	1	1	0	0	0	0	0	0	0	0	0
	1	0	1	0	0	0	0	1	0	1	1
Profit before tax	1	-1	1	2	0	4	5	5	7	9	11
Tax	0	-0	0	1	0	1	1	1	2	2	3
Tax %	15.2%	-11.8%	0%	77.2%	76.9%	27.7%	26.7%	27.1%	26.2%	26.4%	26.1%
	1	-1	1	0	0	3	4	4	5	7	8
PAT margin %	1%	-2.7%	2.4%	0.8%	0.1%	7.1%	5.9%	6.1%	7.2%	8.1%	7.7%
EPS (₹)	3.7	-6.5	6.1	4.1	0.2	21.3	24.6	25.3	32.5	44	55.9
EPS adjusted (₹)	—	—	—	—	0.2	21.2	24.5	25.6	32.5	43.9	55.9
	13.4%	—	0%	29.5%	0%	9.4%	8.1%	8.7%	7.7%	6.4%	5%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	2	2	2	2	2	2	2
Reserves	7	10	13	17	22	28	36
	4	4	6	4	4	8	9
	11	15	12	14	16	20	18
Total equity & liabilities	23	30	34	36	43	57	65
	5	5	7	7	7	11	13
CWIP	0	1	0	0	4	3	6
Investments	—	0	0	0	0	0	0
	18	25	27	29	33	42	45
Total assets	23	30	34	36	43	57	65

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	51.1%	46.2%	46.3%	47.1%	45.3%	44.2%
EBITDA margin %	5.5%	2%	11.5%	9.4%	9.5%	11.1%	12%	11.1%
EBIT margin %	4.3%	0.4%	10.2%	8.3%	8%	9.6%	10.6%	9.7%
PAT margin %	0.8%	0.1%	7.1%	5.9%	6.1%	7.2%	8.1%	7.7%
Working capital
Receivable days	—	94	140	111	113	109	119	74
Inventory days	—	50	87	52	65	69	80	71
Payable days	—	72	168	103	113	110	130	87
NWC days	—	72	58	60	65	67	68	58
Leverage
Current ratio	—	—	1.33	1.59	1.8	1.81	1.71	1.79
Debt to EBITDA	—	4.68	0.7	1.1	0.64	0.54	0.79	0.79
Debt to equity	—	0.43	0.31	0.43	0.21	0.18	0.26	0.25
Interest coverage	5.8	1.4	24.2	16.7	13.8	28.5	50.7	33.4
Asset turnover	—	1.67	1.46	1.86	1.74	1.58	1.43	1.68
Return ratios
Return on assets %	—	0.1%	10.4%	10.9%	10.6%	11.3%	11.6%	12.9%
Return on capital employed %	—	—	35.8%	35.3%	29.8%	29.6%	31.3%	31.9%
Return on equity %	—	0.4%	27.6%	24.6%	20.7%	20.9%	22.3%	22.3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%	66.16%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%	33.84%
No. of shareholders	—	—	—	—	—	—	—	—	4,514	4,433	4,408	4,297

Promoter holding up 0 percentage points since Sep 2023.

3 deals · 18 Oct 2023 – 8 Nov 2023

Date	Client	Type	Venue	Side	Quantity	Price	Value
8 Nov 2023	ICM FINANCE PRIVATE LIMITED	Bulk	BSE	Sell	13,514	₹561.00	₹0.76 Cr
8 Nov 2023	ANAND OMPRAKASH AGRAWAL	Bulk	BSE	Buy	7,500	₹561.00	₹0.42 Cr
18 Oct 2023	ICM FINANCE PRIVATE LIMITED	Bulk	BSE	Buy	10,000	₹588.50	₹0.59 Cr

1–3 of 3

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Ms. DEVAKI SARANExecutive Director-Chairperson related to Promoter
Mrs. Arati saranNon-Executive - Non Independent Director
Mr. VIJAY PATHAKExecutive Director
Mr. NAVROZE MARSHALLNon-Executive - Independent Director
Mr. SANJIV BHASINNon-Executive - Independent Director
Mr. COWASJI JEHANGIR JEHANGIRNon-Executive - Independent Director
Ms. MALLIKA SARANExecutive Director
Mr. AUROBIND PATELNon-Executive - Independent Director
Sunita NisalCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Hindustan Hardy Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

51 announcementsExport CSV

28 Sept 2026, 12:37 pmInsider Trading / SAST

Closure of Trading Window

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	51.1%	46.2%	46.3%	47.1%	45.3%	44.2%
EBITDA margin %	5.5%	2%	11.5%	9.4%	9.5%	11.1%	12%	11.1%
EBIT margin %	4.3%	0.4%	10.2%	8.3%	8%	9.6%	10.6%	9.7%
PAT margin %	0.8%	0.1%	7.1%	5.9%	6.1%	7.2%	8.1%	7.7%
Working capital
Receivable days	—	94	140	111	113	109	119	74
Inventory days	—	50	87	52	65	69	80	71
Payable days	—	72	168	103	113	110	130	87
NWC days	—	72	58	60	65	67	68	58
Leverage
Current ratio	—	—	1.33	1.59	1.8	1.81	1.71	1.79
Debt to EBITDA	—	4.68	0.7	1.1	0.64	0.54	0.79	0.79
Debt to equity	—	0.43	0.31	0.43	0.21	0.18	0.26	0.25
Interest coverage	5.8	1.4	24.2	16.7	13.8	28.5	50.7	33.4
Asset turnover	—	1.67	1.46	1.86	1.74	1.58	1.43	1.68
Return ratios
Return on assets %	—	0.1%	10.4%	10.9%	10.6%	11.3%	11.6%	12.9%
Return on capital employed %	—	—	35.8%	35.3%	29.8%	29.6%	31.3%	31.9%
Return on equity %	—	0.4%	27.6%	24.6%	20.7%	20.9%	22.3%	22.3%

Date	Category	Subject	Filing
28 Sept 2026, 12:37 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
10 Sept 2026, 6:35 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
10 Sept 2026, 6:23 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
17 Aug 2026, 10:06 am	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
17 Aug 2026, 10:05 am	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
14 Aug 2026, 5:20 pm	Corp. Action Book Closure	Book Closure For The Purpose Of AGM & Dividend.	PDF
14 Aug 2026, 5:18 pm	Corp. Action Record Date	Book Closure For The Purpose Of AGM And Dividend.	PDF
14 Aug 2026, 4:37 pm	AGM/EGM AGM	Notice Of 44Th AGM Of Hindustan Hardy Limited.	PDF

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	2	0	3	2	1	5	6	2	7
	-0	-1	-1	-1	-2	-1	-4	-5	-7
	-2	1	-2	-0	2	-3	-0	3	1
Net cash flow	—	-0	0	1	1	1	2	-0	1
Free cash flow	—	—	—	1	-2	4	2	-4	-1
CFO / Operating profit %	196.1%	14.3%	375.3%	32.5%	12.9%	84.1%	85%	16.9%	54.9%

Hindustan Hardy Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

16

1

Compounded sales growth

Compounded profit growth

Return on equity

Hindustan Hardy Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Dividends16

Board meetings1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

16

1