Hindustan Hardy Ltd

Hindustan Hardy Ltd (505893)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-10.74 %
3 Month Return-0.31 %
1 Year Return-17.18 %

Company Financials

  • Annual
Total Assets
Total Liabilities
Value in ₹ crore

Peer Comparsion

Rank 462
Rank 466
Rank 543
Dividend Yield
Rank 185
Rank 59
Price To Book Ratio
Rank 367
Debt To Asset
Rank 502

Company Information

Hindustan Hardy Spicer Ltd. formerly known as XLOGWB CARDAM SHAFTS LTD. was incorporated in the year 1982. The name of the company was changed to the present one w.e.f. 28th June 1995. The company manufacture propeller shafts and accessories required for automotive industrial and other applications.The Company has entered into a technical licence agreement with Glenkwellenban GmbH GWB for 10 years and technomarketing consultancy arrangement with XLO India Ltd to draw on its marketing expertise for inpropeller shafts. GWB has also invested upto 26 in the total equity capital of HHSL. Dana Corporation USA is now representing the interest of GWB 26 stake in the company by its acquisation of world wide propeller shaft business of GKN Groupthe parent group of GWB in 19992000.The company exports its products to UK Srilanka and Nepal. Some of the new products developed were twopiece propeller shaft for Mahindra Allwyn Nissans cabston 690 model US Kit for Bajaj Timpo Matador FAS and Journal and bearing racs for Telco 1516 vehicles. During the year 199293 the company developed agricultural propeller shaft to Rotavator 1600 series propeller shaft for Ashok Leyland and 1410 series propeller shaft for Ashok Leyland Conqo project.The companys propeller shaft capacity had increased to 200000 Nos. from 165000 Nos. during the year 199697. Currently during the year 200001 the installed capacity of Propeller shafts stands at 245000 nos.
OrganisationHindustan Hardy Ltd
IndustryAuto Ancillaries

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