What we do Hardwyn India Limited manufactures and trades glass kitchen and furniture fittings, serving the architectural hardware sector with a focus on quality and innovation. |
Founded in 2,017 |
Market share Emerging player with steady growth in architectural hardware and glass fittings market. |
Problem solved Provides durable, stylish, and functional glass and furniture fittings for modern architectural needs. |
Top clients or who we serve B2B clients in construction, interior design, and furniture manufacturing sectors. |
Key management Rubaljeet Singh Sayal (Managing Director & CFO), Swaran Jeet Singh Sayal (Chairperson & Executive Director) |
Our journey and innovations Started as Garv Industries in 2017, shifted focus to manufacturing glass fittings by 2020 with public equity raising in 2018. |
Where we operate Primarily India with growing presence through subsidiaries; listed on NSE and BSE. |
Top products or what we offer Glass kitchen fittings, furniture fittings, architectural hardware products including locks and handles. |
Top brands FIBA Hardwyn Lock Limited (subsidiary focusing on locks), Slimx Interior Solutions (subsidiary) |
Raw materials needed Glass, metals for fittings, aluminum sheets, coils, extrusions. |
Raw materials supplier Various suppliers in metal and glass sectors; specifics not disclosed. |
Recurring vs cyclical contribution Revenue mainly recurring from manufacturing and trading contracts. |
Our industry position Growing presence with consolidated turnover of Rs. 184.6 crores in FY 2024-25. |
Financial highlights Consolidated revenue Rs. 184.6 Cr with net profit Rs. 11.23 Cr in FY 2025; consistent year-on-year growth. |
Geographical revenue split - |
Order book - |
Whats driving growth Expanding manufacturing capabilities, strong demand in real estate and interior sectors, strategic subsidiaries. |
Our future plans Focus on scaling manufacturing, enhancing product portfolio, and increasing market penetration domestically. |
Our green promise Active CSR in sustainability including forest planting and waste management; compliance with environmental norms. |
Our people and values 29 employees, emphasizing ethical conduct, diversity, and continual leadership development. |
Key challenges ahead Market competition, raw material price volatility, and scaling production efficiently. |
Interesting facts Issued 1.39 billion bonus shares in 2024, reflecting strong shareholder value focus. |
Risks and strategy Mitigates risks through internal controls, compliance, and risk management policies aligned with growth. |
