Hardcastle & Waud Mfg Co Ltd

Hardcastle & Waud Mfg Co Ltd (HARDCAS) is a micro-cap Chemicals company valued at ₹56 crore operating in Specialty Chemicals on the NSE and BSE.

Recent price move

Hardcastle & Waud Mfg Co Ltd last traded at ₹830, modestly up 1.63% on the day.

Financial performance

The company's business is improving, with annual revenue rising 80.1% and annual net profit surging 282.2%. The latest quarter saw revenue and net profit both increase by 24.2% and 39.0% respectively compared to the same quarter a year earlier. Net profit margin expanded 24.6 percentage points to 46.5%, while return on equity and return on capital employed remained at 9.7% and 10.7% respectively.

Valuation multiples

The stock trades at 11.4 times earnings, 1.11 times book value.

Things to watch

The stock is 22.1% below its 52-week high, and promoter holding remains at 73.61% with no foreign institutional participation. The company's market cap is ₹55 crore, placing it in the micro-cap category. The stock fell 1.88% in the last trading session.

Where it stands

The company has delivered strong growth in both revenue and net profit over the past year and quarter, with net profit margin expanding significantly. The stock is currently 22.1% below its 52-week high, and the company remains debt-free with a market cap of ₹55 crore.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.