Hardwyn India Ltd. stands as a prominent name in the architectural and construction realm in India. Renowned for its unwavering commitment to quality and innovation, the company specializes in crafting and supplying a diverse array of architectural hardware and security solutions.
With an extensive product range encompassing door handles, locks, hinges, glass fittings, and sliding systems, Hardwyn caters adeptly to both residential and commercial sectors. Its products are lauded not only for their durability but also for their contemporary designs that seamlessly blend aesthetics with functionality.
The company doesn’t stop at hardware alone; it extends its expertise to security solutions as well. Electronic locks, access control systems, and door closers are among the offerings designed to fortify safety within structures.
Hardwyn India Ltd.’s legacy of excellence endures, as it continues to be a go-to choice for those seeking top-notch architectural hardware and security solutions. It remains a steadfast partner for elevating the very foundations of buildings across the nation.
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Hardwyn Share Price
Calculating Hardwyn Share Price Target
Hardwyn India has a strong presence in the Northern Indian market and has a wide network of distributors and retailers. This gives the company a significant advantage over its competitors.
Hardwyn India has announced a few new developments and expansion plans in recent months, such as allotting bonus shares to its existing shareholders, expanding its operations into the Western Indian market, and adding new products to its portfolio. These moves will help the company to grow its market share and revenue in the coming years.
The demand for aluminium and metal products is growing in India, due to the country’s rapid economic growth and increasing infrastructure development. This trend is expected to continue in the coming years, which will benefit Hardwyn India’s business.
Hardwyn India has a number of competitive advantages, such as its strong brand name, its wide distribution network, and its focus on customer service. These advantages will help the company to maintain its market share and grow its business in the coming years.
Assumptions
PAT Margins
PAT margins of the company are increasing with the increase in sales. PAT margins have increased from 2% to 9% in past three years. Let’s assume that these margins remain 10% for next 5-7 years.
Hardwyn India Future Sales and Net Profits
| Year | Projected Sales ( In Cr.) | Projected Net Profit ( In Cr.) |
| 2023 | 125 | 11 |
| 2024 | 188 | 17 |
| 2025 | 281 | 25 |
| 2026 | 422 | 38 |
| 2027 | 633 | 57 |
| 2028 | 949 | 85 |
| 2029 | 1424 | 128 |
| 2030 | 2136 | 192 |
Hardwyn India Share Price Targets
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2023 | 26 | 29 | 32 |
| 2024 | 39 | 44 | 48 |
| 2025 | 58 | 65 | 73 |
| 2026 | 87 | 98 | 109 |
| 2027 | 131 | 147 | 163 |
| 2028 | 196 | 220 | 245 |
| 2029 | 294 | 330 | 367 |
| 2030 | 441 | 496 | 551 |
Hardwyn India Share Price Target 2023
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2023 | 26 | 29 | 32 |
According to our analysts , Share Price of Hardwyn India will vary from 26 to 32. This variation can be more as we have very conservatively taken assumptions regarding its PE. The company usually trades at very high PE which can go upto 200 which is can be termed as over valuations. These valuations often do not sustain in the share market. In a bear phase share prices may go down by 50 -70% also, we never know. Our analysts are calculating on the basis of historic data.
In June 2023, the company announced that it would be allotting 87.2 million bonus shares to its existing shareholders. This move is aimed at increasing the company’s share capital and improving its liquidity.
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Hardwyn India Share Price Target 2024
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2024 | 39 | 44 | 48 |
According to our analysts the share Price can vary from Rs. 39 – 48 in 2024.
Hardwyn India has a strong presence in the Northern Indian market and has a wide network of distributors and retailers.
Hardwyn India has also announced that it is planning to expand its operations into the Western Indian market. The company is currently in the process of scouting for a suitable location for its new office in the region.
Hardwyn India Share Price Target 2025
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2025 | 58 | 65 | 73 |
According to our analysts calculations Sales and Net Profits are expected to double in 2025 from current levels which would definitely give share price a push.
The company is also looking to expand its product portfolio by adding new products, such as electrical and electronic components. This move is aimed at diversifying the company’s revenue streams and reducing its dependence on any one product or market.
With expansion to western Indian markets and diversification of its products the revenue will grow and hence profits which would bring the company into radar of traders and more trading would be done in its shares.
Hardwyn India Share Price Target 2030
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2030 | 441 | 496 | 551 |
With sucessful venturing into Western India Hardwayn has opportunity to grab PAN India presence and grow further. Its share price can go upto a lifetime high of target 551 which if happened would be a multibagger return to its investors.
But this may not happen. If the stock market starts giving a normal PE equivalent to industrial PE of around 38 can reduce the share price drastically.
Conclusion
Overall, Hardwyn India is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the coming years, driven by its strong market position, new developments, and expansion plans.
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Disclaimer- All investments and trading in the stock market involve risk. Any decision to place a trade in the financial markets, including trading in stock should only be made after thorough research. Trading strategies or related information mentioned in the article is for informational purposes only. Use your due diligence before investing. These are just predictions. They may or may not be true. We are not SEBI-registered analysts.