Hardwyn India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Hardwyn India Ltd reported a 2.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.0%.
• Its expenses for the quarter were down by 98.5% QoQ and 98.5% YoY.
• The net profit increased 9.0% QoQ and increased 170.9% YoY.
• The earnings per share (EPS) of Hardwyn India Ltd stood at 0.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Hardwyn India Ltd is a company operating within the manufacturing sector, primarily focusing on the production and supply of architectural hardware and glass fittings. The company offers a wide range of products, including door closers, handles, locks, and other related fittings, catering to both residential and commercial construction markets. As of now, there is no specific information available on any recent major developments for Hardwyn India Ltd. The company's operations are predominantly centered in India, serving a variety of customers in the construction and real estate sectors.

Revenue

In Q1FY26, Hardwyn India Ltd reported a total income of ₹43.00 crores, reflecting a decrease of 2.9% from the ₹44.30 crores reported in Q4FY25. However, when compared to Q1FY25, the company experienced a 5.0% increase from ₹40.96 crores. The data indicates that while there was a slight decline in revenue on a quarter-over-quarter basis, there was substantial growth year-over-year. This suggests a positive trajectory in annual income despite the quarterly downturn.

Profitability

For Q1FY26, Hardwyn India Ltd recorded a profit before tax of ₹5.15 crores, indicating a 5.5% increase from the ₹4.88 crores in Q4FY25 and a significant 172.5% increase from the ₹1.89 crores in Q1FY25. The tax expense for Q1FY26 was ₹1.52 crores, which saw a slight decrease of 1.3% from the previous quarter and an increase of 176.4% from the same quarter last year. Consequently, the profit after tax for Q1FY26 stood at ₹3.63 crores, marking a 9.0% increase from Q4FY25 and a substantial year-over-year increase of 170.9% from Q1FY25. These figures reflect a notable improvement in profitability over the year.

Operating Metrics

The total expenses for Hardwyn India Ltd in Q1FY26 were reported as ₹0.58 crores, which is a drastic reduction of 98.5% from the ₹39.42 crores in Q4FY25 and from ₹39.06 crores in Q1FY25. This significant decrease in expenses contributed to the increase in profit margins observed during this period. The earnings per share (EPS) for the company remained steady at ₹0.10 from Q4FY25 to Q1FY26. However, there is no comparative year-over-year percentage change available for EPS, as the EPS in Q1FY25 was reported as ₹0.00. The stability in EPS, despite fluctuations in other financial metrics, indicates consistent shareholder returns.