Hardcastle & Waud Mfg Co Ltd (HARDCAS) — shareholding pattern, promoter holding, financials and share price
About Hardcastle & Waud Mfg Co Ltd (HARDCAS)
Hardcastle & Waud Mfg Co Ltd operates in the Specialty Chemicals industry, within the Chemicals sector. It trades on the NSE as HARDCAS and on the BSE under scrip code 509597. Its ISIN is INE722D01015.
Incorporated in 1945, Hardcastle & Waud's business activity currently consists of Industrial Chemicals, Investments and Leasing. [1]
Hardcastle & Waud Manufacturing Company Limited is primarily involved in industrial chemicals, investments, and leasing.
The company has a historical collaboration with Oxyplast, Belgium, for producing special epoxide resins for coil coating.
Listed peers in Specialty Chemicals: Deep Polymers Ltd, Bhatia Colour Chem Ltd, Mehul Colours Ltd, Kemistar Corporation Ltd, Shlokka Dyes Ltd.
Valuation & Returns
28 Jul 2026At ₹820.05 a share on 28 Jul 2026, Hardcastle & Waud Mfg Co Ltd (HARDCAS) was valued at a price-to-earnings ratio of 11.3x against an industry P/E of 44.66x and a price-to-book of 1.22x on a book value of ₹669.98 per share as of Mar 2025. Solomo computes return on equity of 10.83% and return on capital employed of 10.64% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 11.3x
- Industry P/E
- 44.66x
- P/B
- 1.22x
- EPS (TTM)
- ₹72.56
- Book value / share
- ₹669.98
- ROE
- 10.83%
- ROCE
- 10.64%
- ROA
- 10.13%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- 58.25%
- 52-week range
- ₹602.25 – ₹1,048
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Hardcastle & Waud Mfg Co Ltd (HARDCAS) reported revenue of ₹10.61 crore, net profit of ₹4.93 crore and earnings per share of ₹72.55. That compares with revenue of ₹5.91 crore and net profit of ₹1.29 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹3.36 crore and net profit ₹2.05 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 4.16 | 3.91 | 5.43 | 5.91 | 10.61 |
| Net profit (₹ cr) | 1.27 | 1.1 | 2.58 | 1.29 | 4.93 |
| EPS (₹) | 18.69 | 16.19 | 37.97 | 18.98 | 72.55 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -0.43% | 10.84% | 12.28% | 8.84% |
| Profit growth | - | 7.38% | 0.39% | -50.00% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 73.61% of Hardcastle & Waud Mfg Co Ltd (HARDCAS) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.08%. Market capitalisation was ₹56 crore on 28 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Rashi Fincorp Ltd. 8.12%, Guttikonda Vara Lakshmi 2.27%, Hardcastle And Waud Mfg. Co. Ltd. Unclaimed Shares Suspense Account 1.41%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 73.61% | - | - | 0.08% | 26.39% |
| Mar 2026 | 73.61% | - | - | 0.08% | 26.39% |
| Dec 2025 | 73.61% | - | - | 0.08% | 26.39% |
| Sep 2025 | 73.61% | - | - | 0.08% | 26.39% |
| Jun 2025 | 73.61% | - | - | 0.08% | 26.39% |
| Mar 2025 | 73.61% | - | - | 0.08% | 26.39% |
| Dec 2024 | 73.61% | - | - | 0.08% | 26.39% |
| Sep 2024 | 73.61% | - | - | 0.08% | 26.39% |