Synopsis: Hardwyn India Ltd is in focus after announcing a bonus issue in the ratio of 2:5, meaning shareholders will receive 2 additional fully paid shares for every 5 shares held on the record date. The bonus shares will be issued free of cost by capitalising the company’s reserves or retained earnings.
The shares of a Small-Cap company, which specialises in the manufacturing and distribution of premium architectural hardware, glass fittings, and kitchen/furniture accessories, are in focus following the announcement of the Bonus Issue.
With a market capitalization of Rs. 1,164.92 crores in the day’s trade, the shares of Hardwyn India Ltd rose upto 1.7 percent, making a high of Rs. 24.79 per share compared to its previous closing price of Rs. 24.37 per share.
What Happened
Hardwyn India Ltd, engaged in the manufacturing and distribution of premium architectural hardware, glass fittings, and kitchen/furniture accessories, is in focus following the Bonus share Issue.
The company has approved a bonus issue in the ratio of 2:5, which means shareholders will receive 2 additional fully paid equity shares for every 5 shares they already hold as on the record date. These bonus shares will be issued at no additional cost to shareholders and will be allotted by capitalising the company’s free reserves or retained earnings.
For example, if an investor holds 50 shares, they will receive 20 bonus shares, taking their total holding to 70 shares after the issue. While the total number of shares increases, the overall investment value does not immediately change, as the share price typically adjusts proportionately after the bonus issue.
Other Updates
The company has proposed to increase its authorised share capital from Rs 50 crore (50,00,00,000 equity shares of ₹1 each) to Rs 70 crore (70,00,00,000 equity shares of Rs 1 each). This means the company will have a higher limit on the total number of shares it is legally allowed to issue in the future.
The company has fixed Friday, June 26, 2026, as the cut-off date for determining shareholders eligible to participate in remote e-voting for the EGM. Shareholders holding shares in either physical or demat form as on this date will be entitled to vote electronically on the matters proposed in the EGM.
However, the record date for the bonus share issue has not yet been announced. It will be declared separately in due course, and only shareholders whose names appear in the company’s records on that record date will be eligible to receive the bonus shares.
Financials & Others
The company’s revenue rose by 27.85 percent from Rs. 36.30 crores in March 2025 to Rs. 46.41 crores in March 2026. Meanwhile, Net profit rose from Rs. 1.74 crores to Rs. 3.42 crores in the same period.
The company has a ROCE of 4.70%, which shows it generates modest returns from its capital employed, and a ROE of 3.18%, indicating low returns for shareholders on their equity investment. The debt-to-equity ratio of 0.02 suggests the company has very minimal debt and is almost entirely funded through equity, reflecting a very low financial leverage position.
Hardwyn is an established Indian manufacturer of architectural hardware, kitchen fittings, and glass solutions for residential and commercial projects. With over 60 years of industry experience, the company is backed by a strong management legacy and a customer-centric approach driven by rigorous testing, research & development, and innovative design. It is known for reliability and performance, supported by an integrated global supply chain.
The company offers 1,000+ unique products across diverse architectural applications and maintains strong market credibility through a network of 4,000+ dealers. It serves 30+ marquee clients across residential and commercial infrastructure, delivering tailored solutions for developers, contractors, and end-users, strengthening its position in the industry.
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