- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-10-0009674

About Hardwyn India Limited
Data last updated:
Hardwyn India Limited is a public limited company based in New Delhi, Delhi, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 12 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74990DL2017PLC324826. Its GSTIN is 07AAHCG0390B1Z0 (Delhi). It is a listed company as per MCA records. Its shares are listed on BSE: 541276 and NSE: HARDWYN.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹68.38 Cr. It was formerly known as Garv Industries Limited. It is led by directors including Rubaljeet Singh Sayal (Managing Director) and Swaran Jeet Singh Sayal.
Its last annual general meeting (AGM) was held on 12 November 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 101 Phase – 1 Mayapuri, New Delhi, Delhi, India – 110064.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹199.86 Cr, a growth of 8.3% compared to the previous year. For the same year it recorded a net profit of ₹13.2 Cr (net margin 6.6%) and EBITDA of ₹21.2 Cr (EBITDA margin 10.6%).
The company has about 11 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Garv Industries and Hardwyn. As per MCA filings, the company has open charges of ₹35.87 Cr and satisfied charges of ₹6 Cr on record. Court records list 30 cases involving the company, including 22 filed by the company and 8 filed against it; 19 cases are pending. The company has 54 deals on record (52 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹348.18 Cr; the latest was in April 2026. The company has 9 MSME Form 1 returns on record between 2020 and 2023, listing 397 overdue payments to 33 micro and small suppliers.
Hardwyn India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0009674). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garvindustries.com.
Company details
Name history
Hardwyn India has undergone 2 name changes throughout its history. The company was previously known as Hardwyn India Limited, and Garv Industries Limited. The current legal name is Hardwyn India Limited.
| Company Name | Status |
|---|---|
| Hardwyn India Limited | Current |
| Garv Industries Limited | Previous |
CIN history
Hardwyn India has one previous CIN (Corporate Identification Number): U74990DL2017PLC324826. The current CIN is L74990DL2017PLC324826, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74990DL2017PLC324826 | Current |
| U74990DL2017PLC324826 | Previous |
Recognitions & Rankings of Hardwyn India
Contact details
Hardwyn India Limited's registered office is in New Delhi, Delhi. Its website is garvindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 101 Phase – 1 Mayapuri, New Delhi, Delhi, India – 110064
- IndustryManufacturing, Fittings & Components
To see the full contact details of Hardwyn India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Hardwyn India operates two associated brands: Garv Industries and Hardwyn. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services are conducted in Maine. | garvindustries.com | |
| Glass fittings and hardware are manufactured by Hardwyn. | hardwyn.com |
Business activity
The main business activity of Hardwyn India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hardwyn India Limited, buy the company report.
Financials of Hardwyn India Limited
FY 2025-26 filings availableHardwyn India Limited reported revenue of ₹199.86 Cr (up 8.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 200 | 185 | 153 | 165 |
| Revenue growth | +8.3% | +20.8% | -7.2% | - |
| EBITDA | 21.20 | 18.05 | 16.48 | 13.55 |
| EBITDA margin | +10.6% | +9.8% | +10.8% | +8.2% |
| Profit before tax | 18.80 | 15.86 | 14.60 | 13.11 |
| Net profit | 13.20 | 11.25 | 10.24 | 9.28 |
| Net profit margin | +6.6% | +6.1% | +6.7% | +5.6% |
| EPS (₹) | 0.27 | 0.23 | 0.29 | 3.55 |
| Balance sheet | ||||
| Total assets | - | 409 | 397 | 382 |
| Net worth | - | 393 | 382 | 373 |
| Total debt | - | 9.89 | 9.24 | 4.57 |
| Cash & bank | - | 2.03 | 1.74 | 1.48 |
| Net working capital | - | 58.28 | 45.60 | 34.81 |
| Cash flow | ||||
| Cash from operations | - | 1.56 | 2.14 | (1.00) |
| Cash from investing | - | (0.88) | (5.57) | (0.42) |
| Cash from financing | - | (0.39) | 3.70 | 1.46 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34.60 | 57.15 | 49.08 | 50.69 | 42.94 | 45.64 | 46.39 | 51.65 |
| Revenue growth (YoY) | -19.4% | +25.2% | +5.8% | -1.9% | +4.9% | - | - | - |
| Other income | 0.03 | 0.32 | 0.14 | 0.03 | 0.05 | 0.39 | 0.26 | 0.09 |
| EBITDA | 4.49 | 5.72 | 3.02 | 6.78 | 5.68 | 2.98 | 6.40 | 6.22 |
| EBITDA margin | +13.0% | +10.0% | +6.2% | +13.4% | +13.2% | +6.5% | +13.8% | +12.0% |
| Depreciation | 0.51 | 0.51 | 0.47 | 0.46 | 0.41 | 0.45 | 0.44 | 0.45 |
| Interest | 0.31 | 0.50 | 0.23 | 0.20 | 0.17 | 0.29 | 0.59 | 0.16 |
| Profit before tax | 3.70 | 5.03 | 2.46 | 6.15 | 5.15 | 2.63 | 5.63 | 5.70 |
| Tax | 0.90 | 1.61 | 0.67 | 1.80 | 1.52 | 0.77 | 1.63 | 1.66 |
| Net profit | 2.80 | 3.42 | 1.79 | 4.35 | 3.63 | 1.86 | 4.00 | 4.04 |
| EPS (₹) | 0.06 | 0.07 | 0.04 | 0.09 | 0.07 | 0.04 | 0.08 | 0.11 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 160 | 142 | 136 | 125 | 84.56 | 57.74 | 11.53 |
| Revenue growth | +13.1% | +4.5% | +8.3% | +47.9% | +46.5% | +400.8% | - |
| EBITDA | 20.29 | 17.27 | 15.69 | 13.19 | 5.15 | 2.05 | 0.48 |
| EBITDA margin | +12.7% | +12.2% | +11.6% | +10.6% | +6.1% | +3.6% | +4.2% |
| Profit before tax | 18.06 | 15.21 | 13.91 | 12.77 | 4.72 | 2.11 | 0.13 |
| Net profit | 12.71 | 10.75 | 9.74 | 9.03 | 3.41 | 1.53 | 0.09 |
| Net profit margin | +7.9% | +7.6% | +7.2% | +7.2% | +4.0% | +2.7% | +0.8% |
| EPS (₹) | 0.26 | 0.22 | 0.28 | 3.45 | 3.34 | 1.51 | 0.10 |
| Balance sheet | |||||||
| Total assets | - | 403 | 391 | 377 | 21.95 | 16.87 | 10.43 |
| Net worth | - | 393 | 382 | 373 | 15.35 | 11.94 | 10.40 |
| Total debt | - | 9.67 | 9.06 | 4.56 | 6.60 | 4.92 | 0.03 |
| Cash & bank | - | 1.92 | 1.65 | 1.46 | 1.15 | 0.94 | 0.00 |
| Net working capital | - | 50.45 | 38.11 | 27.99 | 21.16 | 16.66 | 10.32 |
| Cash flow | |||||||
| Cash from operations | - | 1.41 | 2.16 | 3.62 | (0.18) | (3.60) | 6.27 |
| Cash from investing | - | (0.58) | (5.31) | (0.41) | (0.70) | (0.16) | (0.04) |
| Cash from financing | - | (0.56) | 3.33 | (2.90) | 1.09 | 4.69 | (6.23) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30.08 | 46.41 | 38.56 | 43.14 | 31.95 | 36.30 | 34.49 | 39.87 |
| Revenue growth (YoY) | -5.9% | +27.9% | +11.8% | +8.2% | +3.4% | - | - | - |
| Other income | 0.03 | 0.32 | 0.14 | 0.03 | 0.05 | 0.36 | 0.26 | 0.09 |
| Total expenses | 25.85 | 40.81 | 35.75 | 36.70 | 26.50 | 33.47 | 28.21 | 33.93 |
| EBITDA | 4.23 | 5.60 | 2.81 | 6.44 | 5.45 | 2.83 | 6.28 | 5.94 |
| EBITDA margin | +14.1% | +12.1% | +7.3% | +14.9% | +17.1% | +7.8% | +18.2% | +14.9% |
| Depreciation | 0.45 | 0.47 | 0.42 | 0.41 | 0.38 | 0.42 | 0.41 | 0.41 |
| Interest | 0.21 | 0.49 | 0.23 | 0.19 | 0.17 | 0.28 | 0.58 | 0.15 |
| Profit before tax | 3.60 | 4.96 | 2.30 | 5.87 | 4.95 | 2.49 | 5.55 | 5.47 |
| Tax | 0.88 | 1.53 | 0.66 | 1.71 | 1.44 | 0.75 | 1.61 | 1.60 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34.60 | 57.15 | 49.08 | 50.69 | 42.94 | 45.64 | 46.39 | 51.65 |
| Revenue growth (YoY) | -19.4% | +25.2% | +5.8% | -1.9% | +4.9% | - | - | - |
| Other income | 0.03 | 0.32 | 0.14 | 0.03 | 0.05 | 0.39 | 0.26 | 0.09 |
| EBITDA | 4.49 | 5.72 | 3.02 | 6.78 | 5.68 | 2.98 | 6.40 | 6.22 |
| EBITDA margin | +13.0% | +10.0% | +6.2% | +13.4% | +13.2% | +6.5% | +13.8% | +12.0% |
| Depreciation | 0.51 | 0.51 | 0.47 | 0.46 | 0.41 | 0.45 | 0.44 | 0.45 |
| Interest | 0.31 | 0.50 | 0.23 | 0.20 | 0.17 | 0.29 | 0.59 | 0.16 |
| Profit before tax | 3.70 | 5.03 | 2.46 | 6.15 | 5.15 | 2.63 | 5.63 | 5.70 |
| Tax | 0.90 | 1.61 | 0.67 | 1.80 | 1.52 | 0.77 | 1.63 | 1.66 |
| Net profit | 2.80 | 3.42 | 1.79 | 4.35 | 3.63 | 1.86 | 4.00 | 4.04 |
| EPS (₹) | 0.06 | 0.07 | 0.04 | 0.09 | 0.07 | 0.04 | 0.08 | 0.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 200 | 185 | 153 | 165 |
| Revenue growth | +8.3% | +20.8% | -7.2% | - |
| Other income | 0.55 | 0.77 | 0.50 | 0.71 |
| Total expenses | 179 | 167 | 136 | 151 |
| Employee cost | 0.00 | 4.64 | 3.73 | 3.18 |
| EBITDA | 21.20 | 18.05 | 16.48 | 13.55 |
| EBITDA margin | +10.6% | +9.8% | +10.8% | +8.2% |
| Depreciation | 1.85 | 1.76 | 1.21 | 0.29 |
| Interest | 1.10 | 1.20 | 1.17 | 0.86 |
| Profit before tax | 18.80 | 15.86 | 14.60 | 13.11 |
| Tax | 5.60 | 4.61 | 4.36 | 3.83 |
| Net profit | 13.20 | 11.25 | 10.24 | 9.28 |
| Net profit margin | +6.6% | +6.1% | +6.7% | +5.6% |
| EPS (₹) | 0.27 | 0.23 | 0.29 | 3.55 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | - | 48.84 | 34.89 | 26.17 |
| Reserves & surplus | - | 345 | 348 | 346 |
| Shareholders' funds (net worth) | - | 393 | 382 | 373 |
| Minority interest | - | 5.27 | 4.95 | 4.60 |
| Secured loans | - | 5.41 | 5.96 | 4.55 |
| Unsecured loans | - | 4.48 | 3.28 | 0.02 |
| Total debt | - | 9.89 | 9.24 | 4.57 |
| Total liabilities | - | 409 | 397 | 382 |
| Assets | ||||
| Gross block | - | 354 | 353 | 348 |
| Net block | - | 350 | 351 | 347 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 |
| Investments | - | 0.00 | 0.00 | 0.00 |
| Inventories | - | 58.81 | 49.06 | 34.95 |
| Sundry debtors | - | 42.85 | 31.43 | 25.05 |
| Cash & bank balances | - | 2.03 | 1.74 | 1.48 |
| Loans & advances | - | 10.88 | 12.04 | 9.71 |
| Total current assets | - | 115 | 94.27 | 71.19 |
| Total current liabilities | - | 56.29 | 48.67 | 36.38 |
| Net working capital | - | 58.28 | 45.60 | 34.81 |
| Total assets | - | 409 | 397 | 382 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | - | 1.74 | 1.48 | 1.43 |
| Net cash from operating activities | - | 1.56 | 2.14 | (1.00) |
| Net cash from investing activities | - | (0.88) | (5.57) | (0.42) |
| Net cash from financing activities | - | (0.39) | 3.70 | 1.46 |
| Net change in cash | - | 0.29 | 0.26 | 0.04 |
| Closing cash | - | 2.03 | 1.74 | 1.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +8.3% | +20.8% | -7.2% | - |
| EBITDA growth | +17.5% | +9.5% | +21.6% | - |
| PBT growth | +18.5% | +8.6% | +11.4% | +9997.0% |
| Net income growth | +17.3% | +9.9% | +10.3% | - |
| Revenue CAGR (3Y) | +6.7% | - | - | - |
| EBITDA CAGR (3Y) | +16.1% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +6.6% | +6.1% | +6.7% | +5.6% |
| Return on capital employed | - | +4.3% | +4.1% | +3.7% |
| Return on net worth | - | +2.9% | +2.7% | +2.5% |
| Debt / equity | - | 0.02 | 0.02 | 0.01 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 |
| Interest cover | 5.68 | 7.37 | 7.66 | 6.49 |
| Efficiency & per share | ||||
| Fixed asset turnover | - | 0.52 | 0.44 | 0.47 |
| Inventory turnover | - | 3.42 | 3.64 | 4.71 |
| Debtors turnover | - | 4.97 | 5.41 | 6.57 |
| EPS (₹) | 0.27 | 0.23 | 0.29 | 3.55 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 8.05 | 10.96 | 142.38 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30.08 | 46.41 | 38.56 | 43.14 | 31.95 | 36.30 | 34.49 | 39.87 |
| Revenue growth (YoY) | -5.9% | +27.9% | +11.8% | +8.2% | +3.4% | - | - | - |
| Other income | 0.03 | 0.32 | 0.14 | 0.03 | 0.05 | 0.36 | 0.26 | 0.09 |
| Total expenses | 25.85 | 40.81 | 35.75 | 36.70 | 26.50 | 33.47 | 28.21 | 33.93 |
| EBITDA | 4.23 | 5.60 | 2.81 | 6.44 | 5.45 | 2.83 | 6.28 | 5.94 |
| EBITDA margin | +14.1% | +12.1% | +7.3% | +14.9% | +17.1% | +7.8% | +18.2% | +14.9% |
| Depreciation | 0.45 | 0.47 | 0.42 | 0.41 | 0.38 | 0.42 | 0.41 | 0.41 |
| Interest | 0.21 | 0.49 | 0.23 | 0.19 | 0.17 | 0.28 | 0.58 | 0.15 |
| Profit before tax | 3.60 | 4.96 | 2.30 | 5.87 | 4.95 | 2.49 | 5.55 | 5.47 |
| Tax | 0.88 | 1.53 | 0.66 | 1.71 | 1.44 | 0.75 | 1.61 | 1.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 160 | 142 | 136 | 125 | 84.56 | 57.74 | 11.53 |
| Revenue growth | +13.1% | +4.5% | +8.3% | +47.9% | +46.5% | +400.8% | - |
| Other income | 0.54 | 0.74 | 0.50 | 0.71 | 0.27 | 0.31 | 0.00 |
| Total expenses | 140 | 124 | 120 | 112 | 79.41 | 55.69 | 11.05 |
| Employee cost | 0.00 | 2.90 | 3.49 | 3.06 | 2.22 | 0.91 | 0.02 |
| EBITDA | 20.29 | 17.27 | 15.69 | 13.19 | 5.15 | 2.05 | 0.48 |
| EBITDA margin | +12.7% | +12.2% | +11.6% | +10.6% | +6.1% | +3.6% | +4.2% |
| Depreciation | 1.69 | 1.63 | 1.12 | 0.27 | 0.12 | 0.04 | 0.02 |
| Interest | 1.08 | 1.17 | 1.16 | 0.86 | 0.58 | 0.21 | 0.33 |
| Profit before tax | 18.06 | 15.21 | 13.91 | 12.77 | 4.72 | 2.11 | 0.13 |
| Tax | 5.35 | 4.46 | 4.17 | 3.74 | 1.31 | 0.58 | 0.04 |
| Net profit | 12.71 | 10.75 | 9.74 | 9.03 | 3.41 | 1.53 | 0.09 |
| Net profit margin | +7.9% | +7.6% | +7.2% | +7.2% | +4.0% | +2.7% | +0.8% |
| EPS (₹) | 0.26 | 0.22 | 0.28 | 3.45 | 3.34 | 1.51 | 0.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 48.84 | 34.89 | 26.17 | 10.20 | 10.20 | 10.20 |
| Reserves & surplus | - | 344 | 347 | 346 | 5.15 | 1.74 | 0.20 |
| Shareholders' funds (net worth) | - | 393 | 382 | 373 | 15.35 | 11.94 | 10.40 |
| Secured loans | - | 5.41 | 5.96 | 4.54 | 6.13 | 4.59 | 0.00 |
| Unsecured loans | - | 4.26 | 3.10 | 0.02 | 0.47 | 0.33 | 0.03 |
| Total debt | - | 9.67 | 9.06 | 4.56 | 6.60 | 4.92 | 0.03 |
| Total liabilities | - | 403 | 391 | 377 | 21.95 | 16.87 | 10.43 |
| Assets | |||||||
| Gross block | - | 7.08 | 6.50 | 1.36 | 0.95 | 0.25 | 0.09 |
| Net block | - | 3.87 | 4.92 | 0.90 | 0.76 | 0.18 | 0.05 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 348 | 348 | 348 | 0.00 | 0.00 | 0.00 |
| Inventories | - | 53.90 | 45.79 | 31.61 | 14.05 | 9.98 | 0.18 |
| Sundry debtors | - | 31.51 | 31.10 | 21.03 | 30.44 | 21.23 | 9.19 |
| Cash & bank balances | - | 1.92 | 1.65 | 1.46 | 1.15 | 0.94 | 0.00 |
| Loans & advances | - | 9.54 | 10.99 | 5.61 | 10.61 | 6.62 | 3.48 |
| Total current assets | - | 96.87 | 89.53 | 59.71 | 56.25 | 38.77 | 12.85 |
| Total current liabilities | - | 46.42 | 51.42 | 31.72 | 35.09 | 22.11 | 2.53 |
| Net working capital | - | 50.45 | 38.11 | 27.99 | 21.16 | 16.66 | 10.32 |
| Total assets | - | 403 | 391 | 377 | 21.95 | 16.87 | 10.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 1.65 | 1.46 | 1.15 | 0.94 | 0.00 | 0.00 |
| Net cash from operating activities | - | 1.41 | 2.16 | 3.62 | (0.18) | (3.60) | 6.27 |
| Net cash from investing activities | - | (0.58) | (5.31) | (0.41) | (0.70) | (0.16) | (0.04) |
| Net cash from financing activities | - | (0.56) | 3.33 | (2.90) | 1.09 | 4.69 | (6.23) |
| Net change in cash | - | 0.27 | 0.19 | 0.31 | 0.22 | 0.93 | 0.00 |
| Closing cash | - | 1.92 | 1.65 | 1.46 | 1.15 | 0.94 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.1% | +4.5% | +8.3% | +47.9% | +46.5% | +400.8% | - |
| EBITDA growth | +17.5% | +10.1% | +19.0% | +156.1% | +151.2% | +327.1% | - |
| PBT growth | +18.7% | +9.4% | +8.9% | +170.6% | +123.7% | +1523.1% | +225.0% |
| Net income growth | +18.2% | +10.4% | +7.9% | +164.8% | +122.9% | +1600.0% | - |
| Revenue CAGR (3Y) | +8.6% | +18.7% | +32.9% | +121.4% | +26.1% | +47.1% | -7.6% |
| EBITDA CAGR (3Y) | +15.4% | +49.7% | +97.1% | +201.8% | +177.9% | +173.7% | +47.4% |
| Profitability & leverage | |||||||
| Net income margin | +7.9% | +7.6% | +7.2% | +7.2% | +4.0% | +2.7% | +0.8% |
| Return on capital employed | - | +4.1% | +3.9% | +6.8% | +27.3% | +17.1% | +3.5% |
| Return on net worth | - | +2.8% | +2.6% | +4.7% | +25.0% | +13.8% | +1.0% |
| Debt / equity | - | 0.02 | 0.02 | 0.03 | 0.42 | 0.22 | 0.29 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 5.81 | 7.48 | 7.96 | 6.66 | 11.53 | 10.45 | 71.74 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 20.85 | 34.48 | 108.29 | 140.93 | 339.65 | 177.38 |
| Inventory turnover | - | 2.84 | 3.50 | 5.48 | 7.04 | 11.37 | 128.11 |
| Debtors turnover | - | 4.52 | 5.20 | 4.86 | 3.27 | 3.80 | 0.88 |
| EPS (₹) | 0.26 | 0.22 | 0.28 | 3.45 | 3.34 | 1.51 | 0.10 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 8.05 | 10.96 | 142.38 | 15.05 | 11.71 | 10.20 |
To see the full year-wise statements and ratios of Hardwyn India Limited, buy the company report.
Board of directors of Hardwyn India Limited
Hardwyn India has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swaran Jeet Singh Sayal Also directs: International Sikh Heritage Centre | Director | 29 Aug 2019 | 7 Years 1 Months | Current |
| Rubaljeet Singh Sayal Also directs: Philco Metal Industries Pvt Ltd | Managing Director | 29 Aug 2019 | 7 Years 1 Months | Current |
| Kulmeet Singh | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
| Shikha Chawla | Director | 03 Mar 2022 | 4 Years 7 Months | Current |
| Eakam Sayal | Additional Director | 29 Aug 2026 | 0 Years 1 Months | Current |
| Yogesh Kumar Garg Also directs: PMC Fincorp Limited | Director | 05 Jun 2026 | 0 Years 4 Months | Current |
Auditor
Hardwyn India Limited is audited by S.S.Periwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S.Periwal & Co. | FY 2023 | 001021N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 43.80%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.50% and retail and other public shareholders hold 55.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 43.80% | 43.80% | 43.80% | 43.80% |
| Public | 56.20% | 56.20% | 56.20% | 56.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2025 | 101072004 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 31 Oct 2023 | 100832952 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 30 Oct 2023 | 100832911 | Hdfc Bank Limited | ₹12.18 Lakh | Open | |
| 08 Feb 2023 | 100705086 | Hdfc Bank Limited | ₹11.11 Lakh | Open | |
| 20 Apr 2022 | 100568016 | Hdfc Bank Limited | ₹12.16 Lakh | Open |
To see the full charge records of Hardwyn India Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Hardwyn India Limited has 54 deals on record (52 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹348.18 Cr; the latest was in April 2026.
Deals on record (5 of 54)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹8.51 Cr | Buyer: MSB E-Trade Securities Limited Seller: MSB E-Trade Securities Limited |
| Nov 2023 | Market trade | ₹11.82 Cr | Buyer: an individual Seller: Dream Achiever Consultancy Services Private Limited |
| May 2023 | Market trade | ₹5.48 Cr | Buyer: Waybroad Trading Private Limited Seller: an individual |
| Apr 2023 | Market trade | ₹6.56 Cr | Buyer: an individual Seller: Dream Achiever Consultancy Services Private Limited |
| Mar 2023 | Market trade | ₹8.26 Cr | Buyer: Dream Achiever Consultancy Services Private Limited Seller: Silvertoss Shoppers Private Limited |
To see the full deal history of Hardwyn India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hardwyn India Limited has 30 court cases on record: 22 filed by Hardwyn India, 8 filed against it. 19 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 8 | 18 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R. State) | Filed against the company | Pending |
| District court, Lucknow, Uttar Pradesh | Court case (Warrant Trial) | Filed against the company by State of Up | Pending |
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed by the company against M/S Modety Enterprises | Pending |
To see the full case history of Hardwyn India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Hardwyn India Limited has 9 MSME Form 1 returns on record between 2020 and 2023, listing 397 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kaveri Engineers | |||
| an individual supplier | |||
| Cabtech Engineering LLP | |||
| Fiba Hardwyn Locks Limited | |||
| Kadson Engineers (Rajkot) |
To see the full MSME payment records of Hardwyn India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hardwyn India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Fiba Hardwyn Locks Limited | U28933DL2005PLC139819 |
To see the full group structure of Hardwyn India Limited, buy the company report.
Employees & EPFO
Hardwyn India Limited has a workforce of 11 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Hardwyn India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCG0390B1Z0 | Delhi | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of Hardwyn India Limited, buy the company report.
Recent activity
Hardwyn India Limited has 25 board changes on record since 2017: 16 appointments and 9 cessations. The latest: Eakam Sayal was appointed as Additional Director on 29 Aug 2026.
32 earlier events are in the company report.
News
Frequently asked questions
Hardwyn India is an active public limited company based in New Delhi, Delhi, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 12 October 2017 (9+ years old) and is registered under CIN L74990DL2017PLC324826. Listed on BSE: 541276 and NSE: HARDWYN.
Hardwyn India reported revenue of ₹199.86 Cr for FY 2025-26 (up 8.3% YoY) based on consolidated financials.
Hardwyn India has 6 current directors:
- Rubaljeet Singh Sayal - Managing Director
- Swaran Jeet Singh Sayal - Director
- Kulmeet Singh - Director
- Shikha Chawla - Director
- Eakam Sayal - Additional Director
- Yogesh Kumar Garg - Director
The latest financial statements of Hardwyn India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 November 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Hardwyn India is 07AAHCG0390B1Z0, registered in Delhi.
The CIN (Corporate Identification Number) of Hardwyn India is L74990DL2017PLC324826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Hardwyn India is a listed company as per MCA records. Its shares are listed on both BSE (code: 541276) and NSE (symbol: HARDWYN).
Hardwyn India has 30 court cases on record: 22 filed by the company and 8 filed against it. 19 are pending. Most are in the district courts.
Hardwyn India was incorporated on 12 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Hardwyn India has 54 deals on record (52 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹348.18 Cr; the latest was in April 2026.
Eakam Sayal was appointed as Additional Director on 29 Aug 2026. Yogesh Kumar Garg was appointed as Director on 05 Jun 2026. Nidhi Sethi ceased to be Director on 25 Oct 2025. Hardwyn India has 25 board changes on record in total.