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Earnings · Engineering - Industrial Equipments · Micro cap

Hawa Engineers lifts profit 22.7% in FY26 even as revenue slips

Full-year net profit rises to ₹264.66 lakhs on lower finance costs; Q4 revenue falls 18.4%.

4 earlier stories on Hawa Engineers Ltd.
Mkt cap₹28.21 cr
P/E10.66×
ROE8.05%
Debt / eq.0.82
₹264.66 lakhs FY26 net profit

What's new

  • Revenue down 5.8% for the year but net profit up 22.7%.
  • Q4 revenue fell 18.4% YoY, though net profit rose 6.8%.
  • Auditor gave unmodified opinion; no extraordinary items or guidance.

Why this matters

For a nano-cap company, profit growth on a shrinking top line suggests cost discipline is working. But sustained revenue erosion would eventually hit margins, making FY27's topline trajectory the real test.

What we're watching

  • Whether revenue can stabilize in FY27.
  • If cost controls are structural or one-off.
  • Any commentary on order book or demand outlook.

The full read

Hawa Engineers closed FY26 with a mixed set of numbers. Net profit rose 22.7% to ₹264.66 lakhs, aided by lower finance costs and tighter cost controls, but revenue slipped 5.8% to ₹11,403.55 lakhs. The fourth quarter was even starker: revenue dropped 18.4% year-on-year while profit inched up 6.8%. The auditor signed off without qualifications, and there were no extraordinary items or guidance revisions. For a nano-cap company valued at roughly ₹30 crore, the profit growth is a mild positive, but the underlying revenue trend is worrying. The market's takeaway: discipline on costs is working, but top-line weakness still needs addressing.

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Hawa Engineers Ltd.

Engineering & Capital Goods
₹29 cr
P/E 11.76×

Latest quarter · Jun 2026

Sales₹24 cr
Net profit₹1 cr
Op. margin+7.5%
EPS₹1.84

Strength & growth

Debt / equity0.82×
Current ratio1.82×
Sales CAGR+10.1%
EPS CAGR+10.5%
  1. 21 May 2026 · 5:01 PM IST Hawa Engineers lifts profit 22.7% in FY26 even as revenue slips
  2. 2d ago Hawa Engineers profit up 35% in Q1, revenue slips 3.2%
  3. 2d ago Hawa Engineers Q1 net profit jumps 35%, revenue slips 3%
  4. 62d ago Hawa Engineers profit climbs 22.7% in FY26 but revenue slips
  5. 62d ago Hawa Engineers' audited results confirm known numbers, no surprises