MarketFriction

Hawa Engineers Ltd

BSE 539176 · Industrial Products
₹83.45 +2.37%
BSE close2026-10-01
Market cap₹28.8 Cr.
P/E11.8

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales27.7734.8931.0327.7335.3625.9532.0224.5231.5331.4026.1323.74
Expenses26.6932.8829.3926.3033.5424.3630.5922.9829.9228.6124.5421.97
Operating Profit1.082.011.641.431.821.591.431.541.612.791.591.77
OPM %3.89%5.76%5.29%5.16%5.15%6.13%4.47%6.28%5.11%8.89%6.08%7.46%
Other Income0.040.100.200.030.200.150.140.13-0.010.120.280.15
Interest0.670.780.970.710.860.770.640.810.711.830.770.81
Depreciation0.200.190.200.220.230.230.220.230.230.230.210.21
Profit before tax0.251.140.670.530.930.740.710.630.660.850.890.90
Tax %0.00%0.00%70.15%24.53%0.00%75.68%25.35%25.40%21.21%18.82%35.96%27.78%
Net Profit0.251.140.200.400.940.180.530.480.530.690.570.65
EPS in Rs0.713.230.571.132.670.511.501.361.501.961.621.84
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales43505548454873102120121114113
Expenses4047524542457098114115107105
Operating Profit233333346678
OPM %6%6%6%7%6%6%4.2%4.1%4.7%5%6%7%
Other Income000100100011
Interest111211123334
Depreciation111111111111
Profit before tax111111112343
Tax %34%43%34%30%2%22%19%52%21%26%26%
Net Profit111111112232
EPS in Rs1.932.012.782.102.412.273.091.995.106.137.516.92
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%19%4%-4%
Compounded Profit Growth15%28%56%15%
Stock Price CAGR6%9%-9%-29%
Return on Equity8%9%12%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital444444444444
Reserves77891010111213151619
Borrowings781288891617191622
Other Liabilities111215181515161419292528
Total Liabilities273138383636404653676172
Fixed Assets778987766655
CWIP000000000000
Investments000110000000
Other Assets212430282728334047615667
Total Assets273138383636404653676172
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-012731-3-62564
Cash from Investing Activity-1-1-2-20000-0-1-00
Cash from Financing Activity-103-5-2-206-1-1-63
Net Cash Flow-3-0301-1-211307
Free Cash Flow-1-0-0521-3-61454
CFO/OP7%40%78%231%88%31%-96%-181%61%98%106%82%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days688270645449507864636181
Inventory Days47838186101125189116114798086
Days Payable529299100971071186346695375
Cash Conversion Cycle637352495968121131132738992
Working Capital Days364827322940805151464836
ROCE %12%12%12%13%14%10%10%10%12%15%16%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters63.18%63.08%63.04%63.40%63.81%63.81%63.81%56.45%56.45%56.45%58.16%58.16%
Public36.82%36.93%36.97%36.59%36.19%36.19%36.19%43.56%43.55%43.54%41.84%41.84%
No. of Shareholders2,3062,3802,4442,5102,4693,1873,1443,0123,0943,0763,0903,074

Fundamentals

Market Cap₹ 28.8 Cr.
Current Price₹ 81.8
Stock P/E11.8
Book Value₹ 63.5
ROCE16.1 %
ROE12.5 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-4%
Compounded Profit Growth (TTM)15%
Standalone figures.
Valuation
Market capRs 29 Cr
Enterprise valueRs 34 Cr
P/E (TTM)12.06x
Price to book1.31x
Price to sales0.26x
EV / EBITDA4.15x
EV / EBIT4.64x
EV / sales0.31x
Price to cash flow6.60x
Earnings yield8.29%
P/E, 3-year average19.17x
P/B, 3-year average2.01x
P/E, 5-year average21.59x
P/B, 5-year average1.71x
Profitability
Operating margin (excl. other income)5.91%
Operating margin (incl. other income)6.44%
EBITDA margin7.36%
Pre-tax margin2.93%
Net profit margin2.16%
Net margin, latest quarter2.74%
ROE12.55%
ROCE16.16%
ROA3.99%
ROE, 3-year average11.43%
ROCE, 3-year average15.66%
ROA, 3-year average3.46%
ROE, 5-year average9.16%
ROCE, 5-year average13.67%
ROA, 5-year average2.88%
ROIC (approx.)19.97%
Tax rate26.26%
Other income / net worth2.68%
Growth
Sales growth (latest year)-5.86%
Profit growth (latest year)22.69%
Sales CAGR, 3 years3.74%
Sales CAGR, 5 years18.80%
Profit CAGR, 3 years55.85%
Profit CAGR, 5 years27.07%
Sales growth QoQ-9.15%
Profit growth QoQ14.04%
Sales growth YoY (latest quarter)-3.18%
Profit growth YoY (latest quarter)35.42%
Per share
EPS (TTM)Rs 6.92
EPS (latest year)Rs 7.51
EPS (latest quarter)Rs 1.84
EPS, 3-year averageRs 6.25
EPS, 5-year averageRs 4.76
Book value per shareRs 63.52
Sales per shareRs 319.87
Cash flow per shareRs 12.65
Free cash flow per shareRs 11.34
Efficiency
Asset turnover1.59x
Fixed asset turnover24.27x
Inventory turnover4.74x
Inventory days77 days
Debtor days81 days
Debtors turnover4.51x
Creditor days75 days
Cash conversion cycle92 days
Working capital days36 days
Leverage
Total debtRs 22 Cr
Cash and bankRs 17 Cr
Net debtRs 5 Cr
Debt to equity0.97x
Net debt / EBITDA0.60x
Interest coverage1.80x
Owners' fund to total sources31.19%
Debt to assets30.33%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs 3 Cr
Net Cash Flow (latest year)Rs 7 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs 10 Cr
Cash from ops / profit, 5 years1.22x
Sales to cash flow25.52x
Statement figures
Net sales (TTM)Rs 113 Cr
Net sales (latest year)Rs 114 Cr
Sales (latest quarter)Rs 24 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 8 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 90 Cr
Total expenditure (latest year)Rs 107 Cr
Total income (latest year)Rs 114 Cr
Share capitalRs 4 Cr
ReservesRs 19 Cr
Shareholders' fundsRs 22 Cr
Total assetsRs 72 Cr
Net blockRs 5 Cr
InvestmentsRs 0 Cr
ReceivablesRs 25 Cr
InventoryRs 19 Cr
Other liabilitiesRs 28 Cr
Shares outstanding (crore)0.35
Ownership
Promoter holding58.16% (+1.71 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 12.1 is at the 15th percentile of its own 9.4-year range (median 21.2, low 8.2, high 96.7).
P/B 1.31 is at the 46th percentile (median 1.36).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period539176Nifty 50Difference
1 week+4.3%-2.8% +7.1 pts
1 month+3.0%-6.8% +9.8 pts
3 months+3.1%-7.6% +10.7 pts
3 years-21.9%+14.2% -36.0 pts
5 years+60.5%+27.9% +32.6 pts

Red flags

F-score 6 of 8
explainReceivables outrunning sales Receivables grew 25% vs sales -6% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹24 Cr -3.2% vs Jun 2025. Net profit ₹1 Cr +35.4%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Indo-MIM Ltd61,71995.625.0 %
Aditya Infotech Ltd46,81498.128.6 %
Syrma SGS Technology Ltd32,63887.916.8 %
Honeywell Automation India Ltd30,03853.717.0 %
Jyoti CNC Automation Ltd24,09174.921.3 %
Kaynes Technology India Ltd23,60568.012.7 %
LMW Ltd18,11599.25.58 %
Lloyds Engineering Works Ltd15,85070.916.1 %
Tega Industries Ltd15,4818.14 %
Kennametal India Ltd8,87845.333.2 %
Dynamatic Technologies Ltd8,87315110.2 %
Standard Engineering Technology Ltd8,55710014.7 %
Raymond Ltd7,89446.93.14 %
Omnitech Engineering Ltd6,93966.817.6 %
GMM Pfaudler Ltd6,64152.713.6 %
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Hawa Engineers Ltd?

Hawa Engineers Ltd (539176) has a market capitalisation of Rs 28.8 Cr. at the 2026-10-01 close.

What is the P/E ratio of Hawa Engineers Ltd?

Hawa Engineers Ltd trades at a P/E of 11.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Hawa Engineers Ltd's latest quarterly results?

In the Jun 2026 quarter, Hawa Engineers Ltd sales was Rs 24 Cr (-3.2% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03