Hardcastle & Waud Mfg Co Ltd

Hardcastle & Waud Mfg Co Ltd (509597)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return2.2 %
3 Month Return11.46 %
1 Year Return33.55 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 98
Rank 101
Rank 126
Dividend Yield
Rank 37
Rank 161
Price To Book Ratio
Rank 76
Debt To Asset
Rank 125

Company Information

Hardcastle Waud Manufacturing Company manufactures powder paints used in powder coatings mainly for consumer durables like washing machines varnishes and synthetic resins.The company diversified its production pattern. It set up a precolour coated steel coil project which went into commercial production in Mar.95. It has entered into a technical collaboration agreement with Oxyplast Belgium to produce special types of epoxide resins required for the coil coating plant. The installed capacity in the resin plant has been expanded.The company has been appointed by WD40Company US to exclusively market its products in India. It has signed a joint venture agreement with Soudal Belgium to manufacture various types of adhesives sealants and roofing compounds. In 199495 various products like reactive polyamides hammertone medium trimethylol propane oleate and fast drying alkyd were developed and commercialised. Development work on urea formaldehyde resins acrylated alkyd and thermoplastic acrylic resin is at an advanced stage and it is to be commercialised soon. Excessant Asbestos Jointing Ltd subsidiary company has voluntarily woundup with effect from 4th September 1997 due to adverse business condition and severe competition from small scale sector.The companys business was restructured by demerger of Sarigam Unit and transferring the same to Hawcoplast Chemicals Ltd as an ongoing concern effective from 1st April 1999.
OrganisationHardcastle & Waud Mfg Co Ltd