What we do Hindustan Hardy Ltd designs and manufactures automotive propeller shafts and accessories for industrial, agricultural, and other applications. |
Founded in 1,982 |
Market share Recognized player in automotive propeller shafts with growing export presence in UK, Sri Lanka, and Nepal. |
Problem solved Provides durable, efficient drivetrain components essential for automotive and agricultural machinery performance. |
Top clients or who we serve OEMs in automotive, agricultural machinery, and industrial sectors; both domestic and export markets (B2B). |
Key management Devaki Saran (Chairperson and Managing Director), Mallika Saran (Whole-time Director and CFO), Vijay Pathak (Executive Director and COO). |
Our journey and innovations Started production in 1985 with German collaboration; evolved to manufacture specialized propeller shafts for various vehicles and continued capacity expansion. |
Where we operate Primarily India with exports to the United Kingdom, Sri Lanka, and Nepal. |
Top products or what we offer Propeller shafts and accessories for automotive, industrial, and agricultural machinery. |
Top brands - |
Raw materials needed Steel and precision components for propeller shaft manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is cyclical, linked to automotive and agricultural machinery demand cycles. |
Our industry position Established manufacturer with growing capacity and export footprint; strong in domestic automotive component segment. |
Financial highlights FY 2024-25 revenue of Rs 81.45 crore with net profit Rs 6.59 crore; 20% sales growth over previous year. |
Geographical revenue split Domestic revenue Rs 22.5 crore; export revenue Rs 14.9 crore (FY 2017-18 data). |
Order book - |
Whats driving growth Rising demand from agricultural and construction machinery OEMs, government infrastructure projects, and export expansion. |
Our future plans Focus on automation, skill training, and machinery upgrades to improve efficiency and control costs. |
Our green promise Committed to sustainability with green initiatives and environmental protection through CSR. |
Our people and values Emphasizes continuous improvement, employee engagement, and ethical corporate governance. |
Key challenges ahead Managing rising input costs while meeting customer price pressures; optimizing operational efficiency. |
Interesting facts Collaborated with German GWB from inception; Dana Corporation acquired partner’s stake in 2000. |
Risks and strategy Mitigating raw material price volatility through efficiency and scaling; expanding product range and markets. |
