Hardcastle & Waud Manufacturing Company Ltd (509597)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Hardcastle & Waud's revenue was ₹2.4 Cr (+24.2% year on year, -28.3% on the previous quarter), and net profit ₹1.1 Cr (+38.9% year on year); the operating margin was 58.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹2.4 | +24.2% | -28.3% |
| Operating profit | ₹1.4 | +26.6% | -22.3% |
| Net profit | ₹1.1 | +38.9% | -47.8% |
| EPS (₹) | 15.74 | +38.9% | -47.8% |
| Operating margin | 58.3% | — | — |
📢 Recent Corporate Announcements
Hardcastle & Waud Manufacturing Company Limited concluded its 80th Annual General Meeting on September 30, 2026. The agenda items included the adoption of FY26 financial statements, the re-appointment of retiring director Mr. Banwari Lal Jatia, and approval for material related-party transactions for FY27 and FY28. A total of 15 members attended the meeting (8 in person and 7 via authorized representatives), with no members voting through physical ballot papers. Voting results via e-voting will be declared separately.
- 80th Annual General Meeting held on September 30, 2026, lasting 18 minutes (10:00 AM to 10:18 AM)
- Total attendance recorded at 15 members (8 in person, 7 through authorized representatives, 0 proxies)
- Cut-off date for voting eligibility was September 23, 2026
- Approval sought for Material Related Party Transactions across FY 2026-2027 and FY 2027-2028
Hardcastle & Waud Manufacturing Company Ltd has informed the exchange of an update to the investor helpdesk contact numbers of its Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited. Shareholders can now reach the helpdesk at +91 8108116767 and +91 22 49186000. This is a standard administrative update with no operational or financial impact on the company.
- RTA MUFG Intime India Private Limited updated its investor helpdesk contact details
- New primary contact number provided: +91 8108116767
- Additional board line contact number provided: +91 22 49186000
- Intimation submitted to BSE on August 21, 2026
Hardcastle & Waud Manufacturing Company has executed an agreement to sell its immovable property in Kolkata for Rs 1.15 crore. The property, located at Sagar Estate, was sold to Mr. Mayank Rungta, a non-related party. This transaction is significant for a company of this size, representing approximately 10.4% of its TTM revenue of Rs 11 crore. The sale follows an initial intimation made on May 14, 2026, and provides a one-time liquidity boost.
- Executed sale agreement for immovable property in Kolkata for Rs 1,14,61,000.
- Transaction value represents ~10.4% of the company's TTM revenue of Rs 11 crore.
- Property is located at Unit No. 7A, 3rd floor, Sagar Estate, Kolkata.
- The buyer, Mr. Mayank Rungta, has no shareholding or relationship with the promoter group.
- Agreement execution date is August 10, 2026, following a prior intimation on May 14, 2026.
Hardcastle & Waud Manufacturing Company Ltd has finalized the sale of its office unit in Kolkata for a total consideration of Rs 1.15 Cr. The property, located at Sagar Estate, was sold to an individual, Mr. Mayank Rungta, in a non-related party transaction. This sale value represents approximately 10.4% of the company's TTM revenue of Rs 11 Cr. The transaction follows an initial intimation made by the company on May 14, 2026.
- Sale consideration of Rs 1,14,61,000 for Unit No. 7A at Sagar Estate, Kolkata
- Transaction value represents ~10.4% of the company's TTM revenue of Rs 11 Cr
- Agreement executed on August 10, 2026, with no related party involvement
- The company remains debt-free with a net worth of Rs 51 Cr as per latest context
Hardcastle & Waud Manufacturing Company reported a 38.7% YoY increase in net profit to ₹1.07 Cr for the quarter ended June 30, 2026. Revenue from operations grew 24% YoY to ₹2.41 Cr, although it saw a sequential decline of 28% from the March 2026 quarter (₹3.36 Cr). The company's performance is heavily influenced by its investment segment, which contributed ₹1.07 Cr to revenue this quarter. The firm remains debt-free with a net worth of ₹51.84 Cr, slightly exceeding its current market capitalization of ₹55 Cr.
- Net Profit rose to ₹1.07 Cr in Q1 FY27 compared to ₹0.77 Cr in Q1 FY26.
- Revenue from operations reached ₹2.41 Cr, up from ₹1.94 Cr in the year-ago period.
- Investment segment revenue stood at ₹1.07 Cr, accounting for 44% of total revenue.
- Earnings Per Share (EPS) increased to ₹15.74 from ₹11.34 YoY.
- Total segment assets grew to ₹54.12 Cr, with the Investment segment holding ₹32.27 Cr (60% of total).
Hardcastle & Waud reported a 24% YoY increase in revenue to ₹2.41 Cr for the quarter ended June 30, 2026. Net profit grew 38.9% YoY to ₹1.07 Cr, although it saw a significant sequential decline from the ₹2.05 Cr reported in March 2026. The company's profitability remains heavily dependent on its Investment segment, which contributed ₹1.07 Cr to revenue and ₹1.02 Cr to segment results. With a net worth of ₹51.84 Cr, the company is trading close to its book value given its ₹55 Cr market cap.
- Revenue from operations increased 24% YoY to ₹2.41 Cr from ₹1.94 Cr.
- Net Profit for the quarter stood at ₹1.07 Cr, a 38.9% increase over the ₹0.77 Cr in Q1 FY26.
- Investment segment revenue of ₹1.07 Cr accounted for 44% of total revenue.
- Earnings Per Share (EPS) improved to ₹15.74 from ₹11.34 in the corresponding previous quarter.
- Total expenses rose 18.5% YoY to ₹1.20 Cr, primarily driven by higher purchases of stock-in-trade.
Hardcastle & Waud Manufacturing Company Ltd has announced a board meeting on August 5, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company currently operates with a high TTM operating margin of 53.5% on a small revenue base of Rs 11 Cr. The trading window, which closed on June 24, 2026, will remain shut until 48 hours after the results are declared. This is a routine but essential filing for price discovery in this micro-cap stock with a market capitalization of Rs 55 Cr.
- Board meeting date set for August 5, 2026, to review Q1 results
- Financials cover the three-month period ended June 30, 2026
- Trading window has been closed since June 24, 2026
- Company maintains a high promoter holding of 73.61% as of June 2026
- TTM revenue stands at Rs 11 Cr with a PAT of Rs 5 Cr
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