Hardwyn India (NSE:HARDWYN) Debt-to-Equity: (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:HARDWYN Hardwyn India Ltd NSE:HARDWYN
75 GF Score
Price ₹9.16
GF Value ₹17.50
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Hardwyn India Debt-to-Equity?

Hardwyn India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. Hardwyn India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. Hardwyn India's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹ Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Hardwyn India's Debt-to-Equity or its related term are showing as below:

NSE:HARDWYN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.58
Current: 0.02

During the past 8 years, the highest Debt-to-Equity Ratio of Hardwyn India was 0.58. The lowest was 0.00. And the median was 0.02.

NSE:HARDWYN's Debt-to-Equity is ranked better than
95.43% of 1621 companies
in the Construction industry
Industry Median: 0.4 vs NSE:HARDWYN: 0.02

Hardwyn India  (NSE:HARDWYN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Hardwyn India Debt-to-Equity Related Terms

Hardwyn India Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hardwyn India's Debt-to-Equity 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 Debt-to-Equity Chart

Hardwyn India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 0.43 0.01 0.02 0.03 0.02

Hardwyn India Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 - 0.02 - 0.02 -

NSE:HARDWYN vs TT, JCI, CARR: Debt-to-Equity Comparison

For the Building Products & Equipment subindustry, Hardwyn India's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Hardwyn India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hardwyn India's Debt-to-Equity falls into.


NSE:HARDWYN
75GF Score
Hardwyn India Ltd NSE:HARDWYN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hardwyn India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hardwyn India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(64.382 + 0) / 4063.007
=0.02

Hardwyn India's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=( + ) /
=N/A

* 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.

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

Based on GuruFocus' analysis, Hardwyn India stock appears to be undervalued. The current stock price of ₹9.16 is trading 47.7% below its estimated GF Value™ of ₹17.50. GuruFocus considers Hardwyn India to be Significantly Undervalued.

Key valuation signals for NSE:HARDWYN:

  • Debt-to-Equity:
  • GF Value™: ₹17.50 vs. price of ₹9.16 (47.7% below fair value)
  • GF Score™: 75/100 with 2 warning signs

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.
75GF Score

Get the complete analysis for NSE:HARDWYN

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

₹9.16
Price
₹17.50
GF Value