Hawa Engineers Ltd - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L29120GJ1993PLC019199 Incorporated 26 March 1993 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 539176 Public Limited Company machinery and equipment MSME · Medium
Data last updated
Market Cap
₹25.95 Cr
HAWAENG · BSE
Share Price
₹78.00
+5.99% today
Revenue
₹114 Cr
FY 2025-26 · -5.8% YoY
EBITDA
₹6.74 Cr
Margin 5.9%
Net Profit
₹2.63 Cr
FY 2025-26 · +20.1% YoY
P/E (TTM)
11.1x
P/B 1.2x
ROE
12.6%
ROCE 13.4%
Debt / Equity
0.90
Interest cover 49.2x

About Hawa Engineers Ltd

Data last updated:

Hawa Engineers Ltd is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 26 March 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29120GJ1993PLC019199. Its GSTIN is 24AAACH3878G1ZL (Gujarat). The company holds 2 GST registrations, all of them active. Its shares are listed on BSE: 539176.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.53 Cr. It was formerly known as Hawa Engineers Private Limited. It is led by directors including Asad Kagdi (Managing Director) and Aslam Kagdi (Managing Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.129 Near Kashiram Textile Mill Narol Road, Ahmedabad, Gujarat, India – 382405.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹114.04 Cr, a decline of 5.8% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Cr (net margin 2.3%) and EBITDA of ₹6.74 Cr (EBITDA margin 5.9%). The net worth stands at ₹22.4 Cr (up 13% YoY). Total assets are valued at ₹52.18 Cr (up 16.6% YoY).

The company has about 94 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Hawa Engineers. As per MCA filings, the company has open charges of ₹37.44 Cr on record. Court records list 27 cases involving the company, including 12 filed by the company and 15 filed against it; 3 cases are pending. The company has 1 deal on record (1 market trade); the latest was in March 2025. Its 5 peer companies in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Niton Valve Industries Pvt Ltd with revenue of ₹129.77 Cr.

Hawa Engineers Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0010713). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hawaengltd.com.

Company details

CIN L29120GJ1993PLC019199
Registration Number 019199
Incorporation Date 26 March 1993
ROC Ahmedabad
Listing Status Listed (BSE: 539176)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0010713

Recognitions & Rankings of Hawa Engineers

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0010713

Contact details

Hawa Engineers Ltd's registered office is in Ahmedabad, Gujarat. Its website is hawaengltd.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No.129 Near Kashiram Textile Mill Narol Road, Ahmedabad, Gujarat, India – 382405
  • Industry
    Machinery and Equipment, Industrial Control Valves & Systems

To see the full contact details of Hawa Engineers Ltd, buy the company report.

Comprehensive company report
Hawa Engineers Ltd - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Brands

Hawa Engineers operates one associated brand: Hawa Engineers. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of industrial valveshawaengltd.com

Business activity

The main business activity of Hawa Engineers is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Hawa Engineers Ltd, buy the company report.

Financials of Hawa Engineers Ltd

FY 2025-26 filings available

Hawa Engineers Ltd reported revenue of ₹114.04 Cr (down 5.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹114 Cr
-5.8% YoY
EBITDA
₹6.74 Cr
+7.2% YoY
Profit After Tax
₹2.63 Cr
+20.1% YoY
Net Worth
₹22.40 Cr
+13.0% YoY
Total Assets
₹52.18 Cr
+16.6% YoY
Total Debt
₹21.78 Cr
+34.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11412112010273.2448.1147.20
Revenue growth-5.8%+1.2%+17.3%+39.2%+52.2%+1.9%-
EBITDA6.746.295.594.173.052.842.70
EBITDA margin+5.9%+5.2%+4.7%+4.1%+4.2%+5.9%+5.7%
Profit before tax3.582.932.251.461.361.010.87
Net profit2.632.191.780.711.100.770.85
Net profit margin+2.3%+1.8%+1.5%+0.7%+1.5%+1.6%+1.8%
EPS (₹)7.516.125.101.983.102.262.40
Balance sheet
Total assets52.1844.7746.7640.8834.7628.3626.09
Net worth22.4019.8218.2316.4315.7314.6413.94
Total debt21.7816.2119.1417.3416.099.037.55
Cash & bank16.789.489.445.985.144.567.07
Net working capital48.0140.2541.8235.9529.3321.9118.78
Cash flow
Cash from operations4.465.995.091.86(5.87)(3.06)0.58
Cash from investing0.17(0.05)(0.90)(0.05)0.390.450.38
Cash from financing2.67(5.91)(0.72)(0.98)6.060.11(1.50)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue20.9323.7426.1331.4031.5324.5232.0225.95
Revenue growth (YoY)-33.6%-3.2%-18.4%+21.0%-10.8%-11.6%--
Other income0.190.150.280.12(0.01)0.130.140.15
Total expenses19.4421.9624.5328.6129.9122.9730.5924.36
EBITDA1.491.781.602.791.621.551.431.59
EBITDA margin+7.1%+7.5%+6.1%+8.9%+5.1%+6.3%+4.5%+6.1%
Depreciation0.140.210.210.230.230.230.220.23
Interest0.710.810.771.830.710.810.640.77
Profit before tax0.830.910.900.850.670.640.710.74
Tax0.250.250.320.160.140.160.180.56

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue20.9323.7426.1331.4031.5324.5232.0225.95
Revenue growth (YoY)-33.6%-3.2%-18.4%+21.0%-10.8%-11.6%--
Other income0.190.150.280.12(0.01)0.130.140.15
Total expenses19.4421.9624.5328.6129.9122.9730.5924.36
EBITDA1.491.781.602.791.621.551.431.59
EBITDA margin+7.1%+7.5%+6.1%+8.9%+5.1%+6.3%+4.5%+6.1%
Depreciation0.140.210.210.230.230.230.220.23
Interest0.710.810.771.830.710.810.640.77
Profit before tax0.830.910.900.850.670.640.710.74
Tax0.250.250.320.160.140.160.180.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11412112010273.2448.1147.20
Revenue growth-5.8%+1.2%+17.3%+39.2%+52.2%+1.9%-
Other income0.590.520.440.460.530.370.32
Total expenses10711511497.7970.1945.2744.50
Employee cost4.764.784.423.583.582.282.30
EBITDA6.746.295.594.173.052.842.70
EBITDA margin+5.9%+5.2%+4.7%+4.1%+4.2%+5.9%+5.7%
Depreciation0.850.900.810.850.830.830.85
Interest2.902.982.972.321.391.371.30
Profit before tax3.582.932.251.461.361.010.87
Tax0.940.770.470.750.260.220.02
Net profit2.632.191.780.711.100.770.85
Net profit margin+2.3%+1.8%+1.5%+0.7%+1.5%+1.6%+1.8%
EPS (₹)7.516.125.101.983.102.262.40
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3.533.533.533.533.533.533.53
Reserves & surplus18.8716.2914.7012.9012.2011.1110.41
Shareholders' funds (net worth)22.4019.8218.2316.4315.7314.6413.94
Secured loans20.1215.4118.2017.1815.688.566.98
Unsecured loans1.660.800.940.160.410.470.57
Total debt21.7816.2119.1417.3416.099.037.55
Total liabilities52.1844.7746.7640.8834.7628.3626.09
Assets
Gross block15.9415.6815.2514.4113.9213.7814.08
Net block4.705.225.605.545.896.587.49
Capital work in progress0.000.000.000.000.000.000.00
Investments0.130.030.010.010.100.500.50
Inventories18.9319.1720.0224.7416.7316.089.89
Sundry debtors25.2620.2820.6717.7715.596.586.06
Cash & bank balances16.789.489.445.985.144.567.07
Loans & advances6.026.9510.78(1.51)2.065.515.14
Total current assets66.9955.8860.9146.9839.5232.7328.16
Total current liabilities18.9815.6319.0911.0310.1910.829.38
Net working capital48.0140.2541.8235.9529.3321.9118.78
Total assets52.1844.7746.7640.8834.7628.3626.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash9.489.445.985.144.567.077.61
Net cash from operating activities4.465.995.091.86(5.87)(3.06)0.58
Net cash from investing activities0.17(0.05)(0.90)(0.05)0.390.450.38
Net cash from financing activities2.67(5.91)(0.72)(0.98)6.060.11(1.50)
Net change in cash7.300.043.470.830.58(2.50)(0.54)
Closing cash16.789.489.445.985.144.567.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-5.8%+1.2%+17.3%+39.2%+52.2%+1.9%-
EBITDA growth+7.2%+12.5%+34.1%+36.7%+7.4%+5.2%-
PBT growth+22.2%+30.2%+54.1%+7.4%+34.7%+16.1%-16.4%
Net income growth+20.1%+23.0%+150.7%-35.5%+42.9%-9.4%-
Revenue CAGR (3Y)+3.8%+18.2%+35.5%+29.3%+13.2%-4.5%-1.7%
EBITDA CAGR (3Y)+17.4%+27.3%+25.3%+15.6%-2.6%-5.4%-3.5%
Profitability & leverage
Net income margin+2.3%+1.8%+1.5%+0.7%+1.5%+1.6%+1.8%
Return on capital employed+13.4%+12.9%+11.9%+10.0%+8.7%+8.8%+8.3%
Return on net worth+12.6%+11.4%+10.4%+4.4%+7.2%+5.6%+6.3%
Debt / equity0.900.931.051.040.830.580.57
Long-term debt / equity0.070.080.090.110.140.110.07
Interest cover49.2455.2962.1369.8862.6168.1670.27
Efficiency & per share
Fixed asset turnover7.217.838.077.205.293.452.85
Inventory turnover5.996.185.354.924.463.715.00
Debtors turnover5.015.916.226.116.617.617.14
EPS (₹)7.516.125.101.983.102.262.40
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)63.5156.2151.6846.5844.6041.5039.53

To see the full year-wise statements and ratios of Hawa Engineers Ltd, buy the company report.

Board of directors of Hawa Engineers Ltd

Hawa Engineers has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abdul Motibhai DesaiDirector12 Aug 20224 Years 2 MonthsCurrent
Johebhasan Aabidbhai KureshiDirector12 Aug 20224 Years 2 MonthsCurrent
Asad KagdiManaging Director26 Mar 199927 Years 6 MonthsCurrent
Aslam KagdiManaging Director01 Jun 200026 Years 4 MonthsCurrent
Kehkashan Shadab BelimDirector23 Aug 20242 Years 1 MonthsCurrent
Mohammedkhan PathanWhole-Time Director30 Apr 200422 Years 5 MonthsCurrent

Peer comparison

Hawa Engineers Ltd is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Niton Valve Industries Pvt Ltd₹129.77 Cr (FY 2024)12.0%Mumbai, Maharashtra, India
G M Valve Private Limited₹124.49 Cr (FY 2025)-1.0%Rajkot, Gujarat, India
Leader Valves Ltd₹121.12 Cr (FY 2025)3.0%Jalandhar, Punjab, India
Nov Mfg India Private Limited₹120.6 Cr (FY 2025)18.0%Khed, Maharashtra, India
Hawa Engineers Ltdthis company₹114.04 Cr (FY 2026)₹2.63 Cr2.3%-5.8%94Ahmedabad, Gujarat, India
Valveworks India Private Limited₹112.92 Cr (FY 2024)-14.0%Khalumbre, Maharashtra, India

To see the full peer comparison of Hawa Engineers Ltd, buy the company report.

Auditor

Hawa Engineers Ltd is audited by N.M.PATHAK & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N.M.PATHAK & CO.FY 2023107786W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 58.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 41.80%.

Promoters: 58.20%Retail & Others: 41.80%
Mar 2026
QUARTER
58.20% Promoters
41.80% Retail & Others
Promoter holding - history
Now 58.20% · Mar 2026High 58.20% · Mar 2026Low 56.40% · Jun 2025
55%56.3%57.5%58.8%60%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 56.40%Sep 2025: 56.40%Dec 2025: 56.40%Mar 2026: 58.20%56.40%58.20%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters58.20%56.40%56.40%56.40%
Public41.80%43.60%43.60%43.60%

Charges & borrowings

Open charges
₹37.44 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹25.92 Cr
Others₹11.50 Cr
The Karur Vysya Bank Ltd.₹0.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jun 2025101124637Others₹11.5 CrOpen
29 Apr 200590100032Canara Bank₹25.92 CrOpen
18 Jun 200490099846The Karur Vysya Bank Ltd.₹2.3 LakhOpen

To see the full charge records of Hawa Engineers Ltd, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Hawa Engineers Ltd has 1 deal on record (1 market trade); the latest was in March 2025.

Total deals
1
Market trade
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2025Market trade₹36.4 LakhBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hawa Engineers Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Hawa Engineers Ltd has a workforce of 94 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
94
Active EPFO establishments
1
Employee growth
9.3%

GST

Hawa Engineers has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAACH3878G1ZLGujaratActive01 Jul 2017
24AAACH3878G1DUGujaratActive26 Oct 2024

To see the full GST registrations and return filing status of Hawa Engineers Ltd, buy the company report.

Recent activity

Hawa Engineers Ltd has 17 board changes on record since 1999: 6 appointments and 11 cessations. The latest: Sabana Amjad Rehmani ceased to be Director on 01 Oct 2024.

Charges
A charge with Canara Bank of Rs. 25.92 Cr registered on 29 Apr 2005 with Charge ID 90100032 was modified on 25 Jun 2026.
AGM
Hawa Engineers Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 11.50 Cr with Charge ID 101124637 was registered on 24 Jun 2025.
Filing
Hawa Engineers Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Sabana Amjad Rehmani ceased to be Director.
Appointed
Kehkashan Shadab Belim was appointed as Director.
Ceased
Mohmedhabib Abdulnabi Narmawala ceased to be Additional Director.
Appointed
Abdul Motibhai Desai was appointed as Director.
Appointed
Johebhasan Aabidbhai Kureshi was appointed as Director.
Ceased
Shad Mdafzal Ranginwala ceased to be Director.
Ceased
Mohammed Sajid Mehboobmiya Sacha ceased to be Director Appointed In Casual Vacancy.
Ceased
Mahboob Abdul Raheman Shaikh ceased to be Director.

12 earlier events are in the company report.

Frequently asked questions

Hawa Engineers is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 26 March 1993 (33+ years old) and is registered under CIN L29120GJ1993PLC019199. Listed on BSE: 539176.

Hawa Engineers reported revenue of ₹114.04 Cr for FY 2025-26 (down 5.8% YoY) based on standalone financials.

Hawa Engineers has 6 current directors:

The latest financial statements of Hawa Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Hawa Engineers is 24AAACH3878G1ZL, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACH3878G1DU (Gujarat).

The CIN (Corporate Identification Number) of Hawa Engineers is L29120GJ1993PLC019199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Hawa Engineers is listed on BSE with code 539176.

Hawa Engineers has 27 court cases on record: 12 filed by the company and 15 filed against it. 3 are pending. Most are in the district courts.

Hawa Engineers was incorporated on 26 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Hawa Engineers has 1 deal on record (1 market trade); the latest was in March 2025.

The peers of Hawa Engineers by revenue are Niton Valve Industries Pvt Ltd, G M Valve Private Limited, Leader Valves Ltd, Nov Mfg India Private Limited, Valveworks India Private Limited, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).