Hindustan Hardy (BSE 505893)₹959.00+3.36%Auto Components & Equipments
In the Mar 2026 quarter (standalone), Hindustan Hardy reported sales of ₹29.50 Cr, up 18.0% from Mar 2025, and net profit of ₹1.87 Cr, down 28.9% year on year. For the year to Mar 2026, sales were ₹109 Cr and net profit ₹7.99 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16.34 | 16.47 | 16.78 | 17.99 | 16.47 | 19.84 | 19.82 | 25.00 | 26.65 | 25.23 | 27.00 | 29.50 |
| Expenses | 14.05 | 15.12 | 15.14 | 16.02 | 15.22 | 17.09 | 18.06 | 21.32 | 22.54 | 22.69 | 24.59 | 26.90 |
| Operating Profit | 2.37 | 1.42 | 1.71 | 2.05 | 1.33 | 2.85 | 1.83 | 3.77 | 4.20 | 2.66 | 2.51 | 2.72 |
| OPM % | 14.4% | 8.6% | 10.1% | 11.4% | 8.0% | 14.3% | 9.2% | 15.0% | 15.7% | 10.5% | 9.3% | 9.2% |
| Other Income | 0.12 | 0.00 | 0.16 | 0.05 | 0.05 | 0.19 | 0.08 | 0.24 | 0.32 | 0.39 | 0.15 | 0.33 |
| Interest | 0.08 | 0.06 | 0.05 | 0.09 | 0.05 | 0.06 | 0.00 | 0.10 | 0.10 | 0.08 | 0.12 | 0.09 |
| Depreciation | 0.24 | 0.25 | 0.27 | 0.26 | 0.26 | 0.28 | 0.30 | 0.32 | 0.36 | 0.36 | 0.41 | 0.42 |
| Profit before tax | 2.18 | 1.13 | 1.56 | 1.76 | 1.08 | 2.71 | 1.61 | 3.60 | 4.07 | 2.62 | 2.14 | 2.55 |
| Tax % | 25.8% | 26.8% | 25.8% | 27.4% | 25.2% | 28.1% | 23.7% | 26.4% | 26.3% | 25.3% | 26.3% | 26.0% |
| Net Profit | 1.60 | 0.82 | 1.15 | 1.26 | 0.78 | 1.93 | 1.21 | 2.63 | 2.97 | 1.93 | 1.57 | 1.87 |
| EPS (Rs) | 10.71 | 5.52 | 7.71 | 8.45 | 5.25 | 12.90 | 8.10 | 17.56 | 19.81 | 12.91 | 10.50 | 12.50 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 54.82 | 36.87 | 37.89 | 46.82 | 38.82 | 44.80 | 62.77 | 62.79 | 67.79 | 80.68 | 109 | 108 |
| Expenses | 52.96 | 35.97 | 36.97 | 43.98 | 37.98 | 39.02 | 56.97 | 57.01 | 60.02 | 71.92 | 96.99 | 96.72 |
| Operating Profit | 2.01 | 1.01 | 1.01 | 3.01 | 1.01 | 5.01 | 6.01 | 6.01 | 8.02 | 10.01 | 12.02 | 12.09 |
| OPM % | 3.7% | 1.7% | 2.7% | 6.0% | 2.0% | 12.0% | 9.0% | 9.0% | 11.1% | 12.0% | 11.1% | 11.2% |
| Other Income | 1.01 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 1.01 | 1.19 |
| Interest | 1.01 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.39 |
| Depreciation | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 2.01 | 1.55 |
| Profit before tax | 1.01 | −1.01 | 1.01 | 2.01 | 0.00 | 4.01 | 5.02 | 5.02 | 7.03 | 9.03 | 11.04 | 11.38 |
| Tax % | 16.0% | −6.0% | 1.0% | 77.0% | 77.0% | 28.0% | 27.0% | 27.0% | 26.0% | 26.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.02 | 0.00 | −0.02 | 0.02 | 0.04 | 0.06 | −0.02 | −0.03 | 0.00 | — |
| Net Profit | 0.99 | −0.99 | 0.99 | 0.00 | 0.00 | 2.99 | 3.99 | 3.99 | 4.99 | 6.99 | 7.99 | 8.34 |
| EPS (Rs) | 3.73 | −5.19 | 6.05 | 2.59 | 0.19 | 21.13 | 24.45 | 25.55 | 32.38 | 43.84 | 55.69 | 55.72 |
| Dividend payout % | 12.9% | 0.0% | 0.0% | 45.9% | 0.0% | 8.9% | 7.9% | 8.9% | 8.0% | 6.0% | 5.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.00 | 2.00 | 2.01 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.01 | 2.00 | 2.00 |
| Reserves | 5.98 | 6.98 | 5.99 | 6.98 | 6.98 | 6.98 | 9.98 | 12.96 | 16.96 | 21.96 | 27.95 | 35.92 |
| Borrowings | 7.00 | 5.99 | 5.00 | 4.00 | 5.00 | 3.99 | 4.00 | 5.99 | 4.00 | 4.01 | 8.00 | 9.00 |
| Other Liabilities | 11.95 | 13.94 | 9.95 | 11.95 | 11.95 | 10.95 | 14.93 | 11.95 | 13.94 | 14.94 | 18.91 | 17.92 |
| Total Liabilities | 26.93 | 28.91 | 22.95 | 23.93 | 25.93 | 22.92 | 29.91 | 32.90 | 35.90 | 42.92 | 55.86 | 64.84 |
| Fixed Assets | 5.99 | 5.99 | 3.99 | 3.99 | 3.99 | 4.99 | 4.99 | 6.98 | 6.99 | 6.99 | 10.98 | 13.98 |
| CWIP | 1.01 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 4.01 | 3.01 | 6.02 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 19.93 | 22.92 | 18.95 | 19.94 | 20.94 | 17.93 | 24.91 | 25.92 | 28.91 | 31.92 | 41.87 | 44.84 |
| Inventories | 4.97 | 5.02 | 3.55 | 4.10 | 5.24 | 5.28 | 5.20 | 4.77 | 6.06 | 6.76 | 9.75 | 11.74 |
| Trade receivables | 10.55 | 11.28 | 8.98 | 12.06 | 13.27 | 10.07 | 17.00 | 19.02 | 19.47 | 20.20 | 26.40 | 22.10 |
| Cash & equivalents | 0.30 | 0.17 | 0.36 | 0.28 | 0.19 | 0.18 | 0.77 | 1.57 | 2.33 | 4.17 | 3.75 | 4.58 |
| Total Assets | 26.93 | 28.91 | 22.95 | 23.93 | 25.93 | 22.92 | 29.91 | 32.90 | 35.90 | 42.92 | 55.86 | 64.84 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1.99 | 2.99 | 0.99 | 1.99 | 0.00 | 3.99 | 1.99 | 0.99 | 4.98 | 5.98 | 1.99 | 6.98 |
| Cash from investing activity | −1.01 | −1.01 | 1.01 | 0.00 | −1.01 | −2.01 | −1.01 | −2.01 | −1.01 | −4.01 | −5.01 | −7.01 |
| Cash from financing activity | −2.01 | −1.01 | −2.01 | −2.01 | 1.01 | −2.01 | 0.00 | 2.01 | −3.01 | 0.00 | 3.01 | 1.01 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 | 2.01 | 0.00 | 1.01 |
| Capex | 1.17 | 0.37 | 0.78 | 0.46 | 1.06 | 1.02 | 0.92 | 2.30 | 1.05 | 4.46 | 5.54 | 7.18 |
| Free cash flow | 0.99 | 1.99 | 1.99 | 1.99 | −0.99 | 2.99 | 0.99 | −0.99 | 3.98 | 1.99 | −3.98 | 0.00 |
| CFO / OP % | 268.0% | 124.9% | 186.9% | 196.0% | 37.9% | 482.0% | 50.0% | 37.9% | 104.0% | 109.0% | 47.0% | 80.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 75 | 76 | 90 | 118 | 105 | 95 | 141 | 112 | 114 | 110 | 120 | 75 |
| Inventory days | 56 | 55 | 66 | 76 | 77 | 96 | 87 | 52 | 65 | 69 | 80 | 71 |
| Days payable | 116 | 132 | 132 | 154 | 123 | 137 | 167 | 102 | 112 | 109 | 129 | 86 |
| Cash conversion cycle | 14 | −3 | 23 | 39 | 58 | 53 | 59 | 61 | 66 | 68 | 69 | 59 |
| Working capital days | −16 | −15 | −18 | 6 | 12 | 14 | 42 | 46 | 59 | 54 | 60 | 48 |
| ROCE % | −8.0% | 12.0% | 0.0% | 11.0% | 16.0% | 4.0% | 34.0% | 29.0% | 26.0% | 28.0% | 28.0% | 28.0% |
For the Mar 2026 quarter, Hindustan Hardy reported sales of ₹29.50 Cr, up 18.0% year on year and net profit of ₹1.87 Cr, down 28.9% year on year. The operating margin was 9.2%.
Hindustan Hardy's sales for the year to Mar 2026 were ₹109 Cr; over the last twelve months they were ₹108 Cr.
Net profit for the year to Mar 2026 was ₹7.99 Cr, and ₹8.34 Cr over the last twelve months. Earnings per share over the same trailing period were ₹55.72.
Hindustan Hardy reported borrowings of ₹9 Cr at Mar 2026, against cash and equivalents of ₹4.58 Cr.
Cash from operations was ₹6.98 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0 Cr.