Hindustan Hardy Ltd (HINDHARD) Fair Value & Analysis
Consumer Cyclical · IN · Market cap ₹1.2B
Fair value as of: Aug 20, 2026
From 15 valuation models · updated today
A solid business, screening 33% undervalued on our models.
What matters now
- Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality.
- Our model range runs from ₹711.52 (bear) to ₹1,267 (bull), base ₹948.69. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 59/100 (solid quality) with medium evidence: read the verdict with care.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.
How to read this chart
60‑month range ₹121.96 – ₹1,301 · fair‑value band ₹711.52 – ₹1,267 · the ₹715.70 price screens below the ₹948.69 fair value. Dashed = 300-day average. As of Aug 20, 2026.
Analysis
Hindustan Hardy Ltd (HINDHARD) currently trades at ₹715.70, while our model-based Fair Value estimate is ₹948.69, implying the stock looks roughly 32.6% undervalued today. The Quality Score stands at 59/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.
Over the trailing twelve months, Hindustan Hardy Ltd generated revenue of ₹1.1B at a net margin of 7.7%. Revenue grew 18.0% year over year. It earns a return on equity of 25.0%. Net debt stands at ₹51.3M. Fundamentals as of Aug 20, 2026
Our scenario range runs from ₹711.52 (bear case) to ₹1,267 (bull case); at ₹715.70, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 47% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -52% fair-value upside, at 33%, HINDHARD screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 15 models by family
Widest divergence: Growth Earnings (₹1,592) versus Asset-Based (₹167.66). Highest evidence: Residual Income (76).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 30
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Hindustan Hardy Limited engages in the design, manufacture, and sale of propeller shafts and other accessories in India and internationally. It offers double cardan shafts, universal joint kits, and stand-alone components and sub-assemblies.
Full company description
Hindustan Hardy Limited engages in the design, manufacture, and sale of propeller shafts and other accessories in India and internationally. It offers double cardan shafts, universal joint kits, and stand-alone components and sub-assemblies. The company serves commercial vehicle, agricultural, off-highway and construction equipment, automotive, industrial, and after market sectors. It also exports its products. The company was formerly known as Hindustan Hardy Spicer Limited and changed its name to Hindustan Hardy Limited in July 2018. The company was founded in 1961 and is based in Nashik, India. Hindustan Hardy Limited operates as a subsidiary of XLO India Ltd.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Hindustan Hardy Ltd reported revenue of ₹1.1B in FY2026 versus ₹612M in FY2022, a compound +15.5%/yr. Reported net income was ₹83.8M in FY2026, compounding +22.8%/yr from FY2022.
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Peer Group
Auto Parts · 645 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Auto Parts median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Hyundai Mobis Co 012330 | 511,000 KRW | 643,909 KRW | +26% |
| Magna International Inc MGAN | 1,122 MXN | 1,142 MXN | +2% |
| Samvardhana Motherson International Limited MOTHERSON | ₹169.50 | ₹80.63 | -52% |
| Bosch Limited BOSCHLTD | ₹48,700 | ₹11,534 | -76% |
| Bharat Forge Limited BHARATFORG | ₹2,082 | ₹393.20 | -81% |
| Uno Minda Limited UNOMINDA | ₹1,232 | ₹426.57 | -65% |
| Schaeffler India Limited SCHAEFFLER | ₹4,126 | ₹1,412 | -66% |
| Hankook Tire & Technology Co 161390 | 71,500 KRW | 196,479 KRW | +175% |
| Balkrishna Industries Limited BALKRISIND | ₹2,376 | ₹1,237 | -48% |
| Endurance Technologies Limited ENDURANCE | ₹2,987 | ₹1,384 | -54% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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