Hawa Engineers Ltd held a meeting of its Board of Directors on 20th July, 2026, at its registered office in Ahmedabad. The meeting commenced at 4:15 PM and concluded at 5:00 PM.
The Board approved the Un-Audited Financial Results and Limited Review Report of the Company for the quarter ended 30th June, 2026. The results have been uploaded on the Company's website at www.hawaengltd.com.
Financial Results Overview (Quarter Ended 30th June, 2026)
The unaudited standalone financial results for Q1 FY2027 show:
- Revenue from operations: ₹2,373.88 lakhs
- Other Income: ₹14.82 lakhs
- Total Income: ₹2,388.70 lakhs
- Total Expenses: ₹2,298.91 lakhs
- Cost of Materials Consumed: ₹1,795.88 lakhs
- Changes in Inventories of Finished Goods: (₹11.56) lakhs
- Manufacturing Expenses: ₹177.29 lakhs
- Employee Benefits Expenses: ₹110.20 lakhs
- Finance Costs: ₹81.31 lakhs
- Depreciation: ₹21.22 lakhs
- Other Expenses: ₹124.58 lakhs
- Profit before tax: ₹89.79 lakhs
- Tax Expenses: ₹25.00 lakhs (Current Tax)
- Net Profit for the period after tax: ₹64.79 lakhs
- Total Comprehensive Income for the period: ₹64.79 lakhs
- Paid-up Equity Share Capital: ₹352.64 lakhs (Face Value: ₹10 per share)
- Earnings per share (EPS):
- Basic: ₹1.84
- Diluted: ₹1.84
Comparative Financials
Quarter Ended 30th June, 2026 vs. Quarter Ended 30th June, 2025:
- Revenue from operations decreased from ₹2,451.65 lakhs to ₹2,373.88 lakhs
- Net Profit increased from ₹47.88 lakhs to ₹64.79 lakhs
- EPS increased from ₹1.36 to ₹1.84
Quarter Ended 30th June, 2026 vs. Year Ended 31st March, 2026 (Audited):
- Revenue from operations decreased from ₹2,612.62 lakhs to ₹2,373.88 lakhs
- Net Profit increased from ₹56.59 lakhs to ₹64.79 lakhs
- EPS increased from ₹1.60 to ₹1.84
Regulatory and Compliance Information
The financial results were prepared pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with Indian Accounting Standard 34 (Ind AS 34) on Interim Financial Reporting.
The Audit Committee reviewed and recommended these results, which were then approved by the Board of Directors. The statutory auditors, Yusuf C. Mansuri & Co., conducted a limited review and issued an unmodified conclusion on the standalone financial results. The review report has been filed with the stock exchanges and is available on the Company's website.
Additional Notes
- The company operates in one reportable segment: Industrial Valves, as per Ind AS 108
- The figures for corresponding previous periods have been regrouped/reclassified where necessary for comparability
- The company is ISO certified (ISO 9001, ISO 14001, ISO 45001) and TUV India approved