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Earnings · Engineering - Industrial Equipments · Micro cap

Hawa Engineers profit climbs 22.7% in FY26 but revenue slips

Full-year net profit at ₹264.66 lakhs despite 5.8% revenue drop. Auditor's unmodified opinion adds no new concerns.

4 earlier stories on Hawa Engineers Ltd.
Mkt cap₹28.21 cr
P/E10.66×
ROE8.05%
Debt / eq.0.82
22.7% Full-year net profit growth despite revenue decline

What's new

  • Revenue fell 5.8% in FY26 but net profit rose 22.7% to ₹264.66 lakhs.
  • Q4 revenue down 18.4% YoY; net profit still up 6.8%.
  • Auditor issues unmodified opinion; re-appointments are routine.

Why this matters

For a nano-cap, profit growth on a shrinking top line shows cost discipline, but the revenue contraction is a concern. The numbers were already disclosed in earlier filings, so no new market-moving insight.

What we're watching

  • Whether revenue stabilizes in FY27.
  • Any change in cost structure or finance costs that drove profit growth.
  • Management commentary on order book in the next investor call.

The full read

Hawa Engineers' audited FY26 results confirm what the market already knew from its unaudited statements: revenue fell 5.8% to ₹11,403.55 lakhs, but net profit rose 22.7% to ₹264.66 lakhs. The fourth quarter was weaker on revenue, down 18.4% year-on-year, yet profit still managed a 6.8% gain at ₹56.59 lakhs. Better cost control and lower finance costs are the drivers, and the auditor's unmodified opinion adds no fresh concerns. The board also re-appointed internal and cost auditors as a routine administrative step. For a ₹30-crore market-cap company, the profit improvement is mildly positive, but the sustained revenue drop remains the open question.

Mentioned: ₹11,403.55 lakhs revenue · ₹264.66 lakhs profit · Q4 FY26
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 · 5:14 PM IST Hawa Engineers profit climbs 22.7% in FY26 but 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' audited results confirm known numbers, no surprises
  5. 62d ago Hawa Engineers lifts profit 22.7% in FY26 even as revenue slips