Hardwyn India Posts Highest Ever FY2026 Results
ECONOMY & POLICY

Hardwyn India Posts Highest Ever FY2026 Results

Hardwyn India Limited reported its highest annual performance for the fiscal year ended March 31, 2026, with management outlining a long-term growth aim of reaching Rs 10 billion in revenue by fiscal 2031-32. The company set a target implying a 30–35 per cent compound annual growth rate and presented a seven-pillar strategic roadmap covering markets, products, operations, customers, sustainability, margins and digital infrastructure. Management characterised the results as evidence of strengthened fundamentals and distribution reach.

In FY2026 the company recorded total income of Rs 2,004.14 million and net profit of Rs 132.06 mn, up from Rs 112.31 mn in the prior year, representing a 17.58 per cent increase in profit after tax. For the fourth quarter the company reported revenue of Rs 574.74 mn and net profit of Rs 34.29 mn, indicating momentum into the new fiscal year. Basic earnings per share stood at Rs zero point two seven per share compared with Rs zero point two three in FY2025. The company has also considered issuance of bonus shares as part of its capital management initiatives.

Management attributed growth to product innovation and an expanded distribution network, noting the launch of five new mortise handle designs and a contemporary range that broadened the portfolio. Higher sales of the Kitchen Basket Wire Series were cited as a key contributor, supported by cross-selling strategies and improved dealer penetration. The company organised a large dealers meet in Kerala with participation by over 500 dealers to bolster relationships and market access.

The firm reported securing multiple orders from institutional and government-backed infrastructure projects across India, reinforcing its credentials with large buyers. Management indicated that Tier-II and Tier-III cities remain underpenetrated and that export expansion into South Asia, the Middle East and Africa is being pursued to capture additional demand. The digital transformation agenda covering direct-to-consumer channels, product configurators and e-commerce partnerships, together with lean manufacturing and enterprise resource planning deployment, is expected to support scalable and efficient growth.

Hardwyn India Limited reported its highest annual performance for the fiscal year ended March 31, 2026, with management outlining a long-term growth aim of reaching Rs 10 billion in revenue by fiscal 2031-32. The company set a target implying a 30–35 per cent compound annual growth rate and presented a seven-pillar strategic roadmap covering markets, products, operations, customers, sustainability, margins and digital infrastructure. Management characterised the results as evidence of strengthened fundamentals and distribution reach. In FY2026 the company recorded total income of Rs 2,004.14 million and net profit of Rs 132.06 mn, up from Rs 112.31 mn in the prior year, representing a 17.58 per cent increase in profit after tax. For the fourth quarter the company reported revenue of Rs 574.74 mn and net profit of Rs 34.29 mn, indicating momentum into the new fiscal year. Basic earnings per share stood at Rs zero point two seven per share compared with Rs zero point two three in FY2025. The company has also considered issuance of bonus shares as part of its capital management initiatives. Management attributed growth to product innovation and an expanded distribution network, noting the launch of five new mortise handle designs and a contemporary range that broadened the portfolio. Higher sales of the Kitchen Basket Wire Series were cited as a key contributor, supported by cross-selling strategies and improved dealer penetration. The company organised a large dealers meet in Kerala with participation by over 500 dealers to bolster relationships and market access. The firm reported securing multiple orders from institutional and government-backed infrastructure projects across India, reinforcing its credentials with large buyers. Management indicated that Tier-II and Tier-III cities remain underpenetrated and that export expansion into South Asia, the Middle East and Africa is being pursued to capture additional demand. The digital transformation agenda covering direct-to-consumer channels, product configurators and e-commerce partnerships, together with lean manufacturing and enterprise resource planning deployment, is expected to support scalable and efficient growth.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement