Hawa Engineers share price, P/E, ROE & financials

On 6 Nov 2026, Hawa Engineers was priced at ₹76.00, or 15.0× trailing earnings, against an industry P/E of 25.1×, and the shares are 39% below their 52-week high. Sales and net profit grew 1.4% and 56% a year over 3 years, with ROCE of 17% and ROE of 13%. Debt is 0.97× equity. It is a small-cap company with a market cap of ₹27 Cr, ranked 66th of 71 Metal Fabrication companies by market cap; the shares fell 36% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹74.00
Day high: ₹77.10
Day low: ₹73.01
Prev. close: ₹75.00
Volume: 319

Health check

1 good · 3 fair · 2 to check

ReturnsBehind
−35.8% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 15.0 vs industry 25.1.
GrowthSteady
Sales +1.4%, profit +55.9% a year over 3 years.
ProfitabilityAverage
ROCE 17.2% vs peer median 15.6%.
Balance sheetFair
Debt 0.97× equity, interest covered 2.7×, Piotroski 6 of 9.
Red flags2 to check
Quarterly sales down 33.6% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Metal Fabrication

70 listed peers. Screen the industry

Small cap

₹27 Cr, #66 of 71 in its industry by size.

Defensive

Beta 0.54 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹113 Cr · profit ₹3 Cr

Market cap: ₹27 Cr; Small cap
P/E: 15.0; Industry 25.1
Price to book: 1.20; Peers 7.00
Dividend yield: 0.00%
ROE: 12.5%; Peers 8.6%
ROCE: 17.2%; Peers 15.6%
Debt to equity: 0.97; Debt ₹22 Cr
EPS (TTM): ₹5.07
OPM (TTM): 7.5%; Net margin 2.5%
Sales growth: −33.6%; Latest quarter vs a year ago
Profit growth: +8.1%; Latest quarter vs a year ago
Price to sales: 0.24; EV/EBITDA 4.6

Strengths

P/E of 15.0 against an industry P/E of 25.1.
Positive operating cash flow in each of the last 4 years.

Risks to check

Quarterly sales down 33.6% on a year ago.
39% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Hawa Engineers

Hawa Engineers Limited manufactures and sells industrial valves primarily in India. It offers gate, globe, check, API, forged steel, ball, butterfly, air, diaphragm, plug, control, manual, and safety valves; and strainers, steam traps, and automation and accessories. the company sells products under the MARCK brand through a network of dealers, suppliers, and associates. Additionally, it exports products to Dubai. Hawa Engineers Limited was incorporated…

Headquarters: Ahmedabad
Employees: 95
Sector: Industrials
ISIN: INE230I01018
Website: hawaengltd.com

Price range

52 weeks

₹63.40₹124.95

Today

₹73.01₹77.10

Avg volume (3M): 576
1-year return: minus 35.8%
From 52-week high: minus 39.2%

Peers · Metal Fabrication

Compare with peers Screen the whole industry

Company
BHARATFORGBharat Forge	1,740.00	minus 0.74%	85,029	121.8	7.23	15.6%	6.7%	14.7%	9.7%	26.9%	0.49%	plus 32.3%
INDOMIMINDO-MIM	1,219.50	minus 3.93%	60,302	101.1	20.94	22.8%	21.3%	28.6%	15.8%	4.9%	0.00%	plus 64.4%
PTCILPTC Industries	24,335.00	plus 0.04%	38,564	290.6	23.73	7.9%	8.6%	24.6%	40.7%	57.8%	0.00%	plus 41.4%
ZETWERKZetwerk Manufacturing Businesses	164.89	minus 1.10%	27,937	–	−2.47	−13.0%	−36.0%	0.1%	56.9%	–	0.00%	plus 19.3%
HAPPYFORGEHappy Forgings	1,694.50	minus 10.00%	15,996	49.0	7.00	18.9%	15.2%	30.6%	9.8%	13.1%	0.24%	plus 85.8%
RKFORGERamkrishna Forgings	693.85	minus 4.25%	13,087	68.4	3.51	4.7%	5.6%	17.1%	10.5%	−33.9%	0.58%	plus 35.6%
GRAVITAGravita India	1,493.90	minus 0.07%	10,883	27.3	4.11	18.1%	16.2%	9.3%	14.9%	23.5%	0.52%	minus 15.4%
HAWAENGHawa Engineers	76.00	plus 1.33%	27	15.0	1.20	17.2%	12.5%	7.5%	1.4%	55.9%	0.00%	minus 35.8%
Median of 7 peers	–	−1.10%	27,937	84.7	7.00	15.6%	8.6%	17.1%	14.9%	18.3%	0.24%	35.6%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
31.5	31.4	26.1	23.7	20.9
29.9	28.6	24.5	22	19.4
1.6	2.8	1.6	1.8	1.5
5.1%	8.9%	6.1%	7.5%	7.1%
−0	0.1	0.3	0.1	0.2
0.7	1.8	0.8	0.8	0.7
0.2	0.2	0.2	0.2	0.1
0.7	0.9	0.9	0.9	0.8
21.0%	18.7%	36.1%	27.8%	30.5%
0.5	0.7	0.6	0.6	0.6
1.84	1.97	1.60	1.84	1.62

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +1.4%
Profit CAGR 3Y: +55.9%
EPS CAGR 3Y: +55.9%
ROE: 12.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
102	90.5	112	106
–	minus 11.2%	+23.5%	minus 4.9%
97.7	85	106	99.6
4.2	5.4	6.1	6.6
4.1%	6.0%	5.4%	6.3%
0.1	−0.2	0	−0.2
1.9	2.1	2.2	2.1
0.8	0.8	0.9	0.8
−0	−0	−0	0
1.5	2.3	2.9	3.6
52.0%	20.5%	26.2%	26.1%
0.7	1.8	2.2	2.6
–	+157.6%	+19.9%	+22.7%
1.98	5.10	6.12	7.51

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
3.5	3.5	3.5	3.5
12.9	14.7	16.3	18.9
17.3	19.1	16.2	21.8
18.8	29.2	25.1	27.6
52.5	66.5	61.1	71.8
5.5	5.6	5.2	4.7
0	0	0	0.1
0.6	3.9	3.7	9.7
46.3	57	52.2	57.3
52.5	66.5	61.1	71.8

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1.9	5.1	6	4.5
−0.1	−0.9	−0	0.2
−1	−0.7	−5.9	2.7
0.8	3.5	0	7.3
−0.5	−0.9	−0.6	−0.4
1.3	4.2	5.4	4.1

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you