Hawa Engineers profit up 35% in Q1, revenue slips 3.2%
Net profit rises to ₹64.79 lakhs despite a 3.2% drop in revenue to ₹2,373.88 lakhs. Unmodified audit opinion.
— 4 earlier stories on Hawa Engineers Ltd. →Mkt cap₹28.21 cr
P/E10.66×
ROE8.05%
Debt / eq.0.82
₹64.79 lakhs Q1 net profit, up 35% YoY
What's new
- Net profit rises 35% YoY to ₹64.79 lakhs.
- Revenue declines 3.2% to ₹2,373.88 lakhs.
- Statutory auditor gives unmodified conclusion on the results.
Why this matters
For a nano-cap with a ₹28 crore market cap, profit growing while revenue shrinks is a familiar pattern — it mirrors FY26's full-year performance. Without any guidance or extraordinary items, the market has little new to price in.
What we're watching
- Whether revenue can stabilise in the coming quarters.
- Any explanation from management on the top-line decline.
- Sustained margin improvement that could support profit growth.
The full read
Hawa Engineers delivered a 35% year-on-year jump in net profit to ₹64.79 lakhs for the quarter ended June 2026. But revenue slipped 3.2% to ₹2,373.88 lakhs. The auditor gave an unmodified conclusion. For a ₹28 crore market-cap company, this extends the FY26 trend of profit growing even as the top-line shrinks. No guidance, no extraordinary items, no tradeable news. A routine confirmation.
Questions answered
- How did net profit rise 35% despite a revenue decline?
- The company likely improved operating margins or had lower expenses relative to revenue. The filing doesn't break down cost drivers, but the pattern matches the FY26 trend where profit grew even as revenue slipped.
- What did the auditor say?
- The statutory auditor issued an unmodified (clean) conclusion on the unaudited standalone results, meaning no material misstatements were found.
- How does Q1 FY27 compare to the last quarter?
- The source doesn't provide sequential data. However, in the March 2026 quarter, revenue was ₹2,600 lakhs and net profit ₹100 lakhs (as per company context), so Q1 shows a sequential decline in both top-line and bottom-line.
- Is there any guidance or extraordinary items in the results?
- No. The analysis notes no guidance changes, strategic announcements, or extraordinary items, making this a routine quarterly update.
- What is the market cap of Hawa Engineers?
- Around ₹28 crore, classifying it as a nano-cap stock.
Mentioned: Hawa Engineers · ₹64.79 lakhs · Q1 June 2026
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%
Story so far
All notes on HAWAENG →- 20 Jul 2026 · 5:17 PM IST Hawa Engineers profit up 35% in Q1, revenue slips 3.2%
- 2d ago Hawa Engineers Q1 net profit jumps 35%, revenue slips 3%
- 62d ago Hawa Engineers profit climbs 22.7% in FY26 but revenue slips
- 62d ago Hawa Engineers' audited results confirm known numbers, no surprises
- 62d ago Hawa Engineers lifts profit 22.7% in FY26 even as revenue slips