Hardwyn India (NSE:HARDWYN) Days Payable: 70.70 (As of Mar. 2026) — 12% Below Median


NSE:HARDWYN Hardwyn India Ltd NSE:HARDWYN
80 GF Score
Price ₹24.72
GF Value ₹25.71
Valuation Fairly Valued
! 6 Warning Signs
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What is Hardwyn India Days Payable?

Hardwyn India NSE:HARDWYN +1.10% 80 Days Payable is 70.70 as of Mar. 2026, which is 12% below its 10-year median of 80.79. GuruFocus rates NSE:HARDWYN with a GF Score™ of 80/100 and a GF Value™ of ₹25.71 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,712 Construction companies, Hardwyn India ranks better than 59.75% on this metric.

Hardwyn India's average Accounts Payable for the three months ended in Mar. 2026 was ₹381 Mil. Hardwyn India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹491 Mil. Hence, Hardwyn India's Days Payable for the three months ended in Mar. 2026 was 70.70.

The historical rank and industry rank for Hardwyn India's Days Payable or its related term are showing as below:

NSE:HARDWYN' s Days Payable Range Over the Past 10 Years
Min: 13.95   Med: 80.79   Max: 130.39
Current: 95.04

During the past 9 years, Hardwyn India's highest Days Payable was 130.39. The lowest was 13.95. And the median was 80.79.

NSE:HARDWYN's Days Payable is ranked better than
59.75% of 1712 companies
in the Construction industry
Industry Median: 76.635 vs NSE:HARDWYN: 95.04

Hardwyn India's Days Payable declined from Mar. 2025 (95.72) to Mar. 2026 (70.70). It may suggest that Hardwyn India accelerated paying its suppliers.


Hardwyn India Days Payable Historical Data

* Premium members only.

The historical data trend for Hardwyn India's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hardwyn India Days Payable Chart

Hardwyn India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only 130.39 80.79 99.17 93.20 85.47

Hardwyn India Quarterly Data
Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.72 107.16 115.66 111.28 70.70

NSE:HARDWYN vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Hardwyn India's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hardwyn India Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Hardwyn India's Days Payable distribution charts can be found below:

* The bar in red indicates where Hardwyn India's Days Payable falls into.


NSE:HARDWYN
80GF Score
Hardwyn India Ltd NSE:HARDWYN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hardwyn India Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Hardwyn India's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (418.855 + 380.558) / 2 ) / 1706.927*365
=399.7065 / 1706.927*365
=85.47

Hardwyn India's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 380.558) / 1 ) / 491.167*365 / 4
=380.558 / 491.167*365 / 4
=70.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 70.70 mean?
Hardwyn India (NSE:HARDWYN) has a Days Payable of 70.70 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hardwyn India and its competitors. This is 12% below median its historical median of 80.79. Over the past decade, Hardwyn India's Days Payable has ranged from 13.95 to 130.39. According to the industry distribution chart, Hardwyn India ranks #689 out of 1712 companies in the Construction industry, placing it in the top 40.2%.
Is Hardwyn India's Days Payable too high?
Hardwyn India's current Days Payable of 70.70 is 12% below median its 10-year median of 80.79. Over the past 10 years, this metric has ranged from a low of 13.95 to a high of 130.39. The Construction industry median Days Payable is 76.64. Hardwyn India's value of 70.70 is 7.7% below this industry median. Based on the distribution chart, Hardwyn India ranks #689 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Hardwyn India has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hardwyn India's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Hardwyn India ranks #689 out of 1712 companies for Days Payable. This puts Hardwyn India in the upper half of its industry. The industry median Days Payable is 76.64. Hardwyn India's value of 70.70 is 7.7% below this benchmark. Historically, Hardwyn India's own Days Payable has ranged from 13.95 to 130.39 over the past decade. While the company's 10-year median is 80.79 vs. the industry median of 76.64, Hardwyn India has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.64, based on 1,712 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hardwyn India's current Days Payable of 70.70 is 7.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hardwyn India and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hardwyn India's current Days Payable is 70.70, which is 12% below median its own 10-year median of 80.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardwyn India stock overvalued right now?
Based on GuruFocus' analysis, Hardwyn India (NSE:HARDWYN) is currently considered Fairly Valued. The stock's GF Value™ is ₹25.71, compared to a current price of ₹24.72 — trading 3.9% below its estimated fair value. The current Days Payable is 70.70, which is 12% below median its 10-year median of 80.79 and 7.7% below the Construction industry median of 76.64. Hardwyn India's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Hardwyn India (NSE:HARDWYN), the current Days Payable is 70.70 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hardwyn India (NSE:HARDWYN) Overvalued in 2026?

Based on GuruFocus' analysis, Hardwyn India stock appears to be undervalued. The current stock price of ₹24.72 is trading 3.9% below its estimated GF Value™ of ₹25.71. GuruFocus considers Hardwyn India to be Fairly Valued.

Key valuation signals for NSE:HARDWYN:

  • Days Payable: 70.70 (12% below median its 10-year median of 80.79)
  • GF Value™: ₹25.71 vs. price of ₹24.72 (3.9% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 7.7% below the Construction median (#689 of 1712)

No single metric tells the full story. See the NSE:HARDWYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hardwyn India Business Description

Other Exchanges 541276:India
Address Mayapuri Industrial Area, B-101, Phase-1, South West Delhi, New Delhi, IND, 110064
Hardwyn India Ltd is engaged in the trading business of aluminium products including manufacturing architectural hardware and glass fittings. It provides a complete solution to residential and commercial structures. Its product range includes Door Hardware, Kitchen Hardware, Glass Hardware, and Furniture Hardware.
80GF Score

Get the complete analysis for NSE:HARDWYN

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹24.72
Price
₹25.71
GF Value