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EarningsCanvas

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Opening the latest published company and exchange records.

Hawa Engineers Ltd Financials, Results & Announcements | EarningsCanvas

Company research

Hawa Engineers Ltd

BSE:539176 · BSE

Sector classification pending

Source brief

AI verdict Financial overview Results comparison Income history Capital & cash Disclosures 2 Results schedule Compare companies

Financial research

See the business, through the numbers.

Results, financial strength and cash generation on one reporting basis.

Reporting basis

Reasons for cautionstandalone · Fundamental assessment5 Oct, 1:38 am IST

Profit held up on lower revenue; verify the received Q2 filing and cash-flow discrepancy

Hawa's latest validated standalone quarter remains Q1 FY2027. Profit increased despite lower revenue, but a lower tax charge explains part of that improvement and finance costs increased. The March 2026 balance sheet provides some liquidity support. Five annual income periods are now available, including the separately reviewed FY2025 signed results, but this does not resolve the historical cash-flow presentation conflict. September-quarter results were filed on October 3; their financial figures are not yet validated in this packet, so the assessment remains cautious and historical.

Trading perspective

The received Q2 filing is a research priority, but this packet does not yet support a Q2 beat/miss or a price-response inference. Revenue weakness, tax-assisted sequential PAT growth and the unresolved historical cash-flow presentation warrant verification before a trading thesis. Current valuation, consensus, liquidity of the shares and sourced event-return history are not established here.

What supports the view

Q1 FY2027 PAT rose 14.47% sequentially to ₹0.6478 crore, while profit before tax increased 1.34% to ₹0.8978 crore. Earnings remained positive despite the revenue decline, though the larger after-tax improvement should not be mistaken for equivalent operating growth.
At March 2026, the current ratio was 1.72 and reported cash and cash equivalents were ₹16.78 crore. Net borrowings, defined here as borrowings less cash and excluding separately classified leases, were ₹5.01 crore. These are useful liquidity buffers, not a claim that every current asset can immediately fund payments.

What needs caution

Q1 revenue fell 9.14% sequentially to ₹23.7388 crore, while finance costs rose 5.11%. PAT growth benefited from the tax charge falling from ₹0.32 crore to ₹0.25 crore. With a Q1 net margin of 2.73%, the key question is whether sales and pre-tax profitability can improve together.
FY2025 cash-flow presentation differs between the signed results PDF and the retained exchange version. The operating/financing difference remains unresolved; it is not established to be a harmless reclassification. The FY2026 operating-cash-to-PAT reading of 1.68 times is one separate year's observation and does not prove stable cash conversion across years.
The October 3 result and board-outcome notices refer to the same September reporting event. Receipt of those notices does not validate their numerical contents. Q2 FY2027 figures and a Q1 FY2026 seasonal baseline are still unavailable in this packet, and comparable EPS growth is withheld.

Evidence, method & provenance

AI interpretation of the cited evidence, not an audited opinion or a promise of returns. Financial calculations use comparable periods on the selected reporting basis. Missing consensus cannot establish an earnings beat or miss.

Generated in a scheduled research chat · Codex chat (model identifier not exposed) · research-v1. Updates require the connected worker to run. Published 5 Oct, 1:38 am IST.

31 quarters · 8 annual periods · 2018–2026 Source-linked filings

About this company’s coverage

Only standalone financials are available in this archive. The other basis is not yet verified here; this does not establish that the company does not publish it. We never copy figures between reporting bases. Annual statements cover FY2022–FY2026 (April–March). Validation checks the period, currency and supported facts. It is not an audit opinion.

Q2 FY2027 · reporting watch

The next result needs its full context.

The Q2 FY2027 statement is not published in this archive yet. Review the latest reported figures below, then compare the new quarter with both the previous quarter and the same quarter last year.

Standalone · company results. Comparisons describe reported performance, not analyst expectations or future returns.Read Q1 FY2027 filing

Revenue: 23.74Cr
Profit after tax: 0.6478Cr
Net profit margin: 2.73%
Basic EPS: 1.84₹ / share

Compare the result in context

standalone · ₹ crore, except EPS · no mixing of quarters and cumulative periods

Period typeReview

Reported metric	Q2 FY2027Awaiting statement	Q1 FY2027Previous quarter	Q2 FY2026Same period last year	QoQSequential growth	YoYSeasonal comparison
Revenue	—	23.74	31.53	—	—
Profit after tax	—	0.6478	0.5274	—	—
Profit before tax	—	0.8978	0.6674	—	—
Basic EPS · ₹	—	1.84	10	—	—
Net profit margin	—	2.73%	1.67%	—	—
Original filing	Not published	BSE ↗	BSE ↗

Comparison readinessCurrent result pendingPrevious quarter availablePrior year available

QoQ shows sequential change; YoY controls for the same reporting season. Growth needs the same reporting basis, duration and source metric definition, with a positive comparison base. EPS growth additionally requires a verified common share basis. A dash means unavailable or not comparable; it never means zero.

Financial strength, explained

Ratios calculated from published statements · dates and formulas attached to every metric

Net profit margin

2.73%Q1 FY2027

Formula & sources

Total profit after tax ÷ revenue from operations × 100. This is not operating margin.

Source statement 1 ↗

Effective tax rate

27.85%Q1 FY2027

Formula & sources

Tax expense ÷ profit before tax × 100. Exceptional items can change this rate.

Source statement 1 ↗

Return on average equity

12.54%FY2026

Formula & sources

Full-year total PAT ÷ average opening and closing total equity × 100. Includes non-controlling interests where reported; not annualised quarterly PAT.

Source statement 1 ↗Source statement 2 ↗

Current ratio

1.72×At 2026-03-31

Formula & sources

Current assets ÷ current liabilities. Not calculated for unclassified balance sheets, such as many banks.

Source statement 1 ↗

Borrowings / equity

0.97×At 2026-03-31

Formula & sources

Current + non-current borrowings ÷ total equity. This is not total liabilities/equity; separately classified leases are excluded.

Source statement 1 ↗

Working capital

28.03CrAt 2026-03-31

Formula & sources

Current assets minus current liabilities. Uses closing balances, not cash generated.

Source statement 1 ↗

Operating cash / profit

1.68×FY2026

Formula & sources

Full-year operating cash flow ÷ positive PAT for the exact same annual duration and basis. A negative value means operating cash outflow.

Source statement 1 ↗

Cash & equivalents

16.78CrAt 2026-03-31

Formula & sources

Reported cash and cash equivalents at the balance-sheet date. Excludes other bank balances and investments.

Source statement 1 ↗

Sector context matters: bank and financial-company balance sheets may not classify current assets, liabilities or borrowings in the same way. Price, market cap, P/E and P/B are not shown until a dated market quote and matching share data are available.

Quarterly income history

31 published quarterly periods · Jun 2018 to Jun 2026 · standalone

Revenue from operations · ₹ crore · latest 20 periods

Reported figures	Q1 FY2027Jun 2026	Q4 FY2026Mar 2026	Q3 FY2026Dec 2025	Q2 FY2026Sept 2025	Q3 FY2025Dec 2024	Q2 FY2025Sept 2024	Q1 FY2025Jun 2024	Q4 FY2024Mar 2024	Q3 FY2024Dec 2023	Q2 FY2024Sept 2023	Q1 FY2024Jun 2023	Q4 FY2023Mar 2023	Q3 FY2023Dec 2022	Q2 FY2023Sept 2022	Q1 FY2023Jun 2022	Q4 FY2022Mar 2022	Q3 FY2022Dec 2021	Q2 FY2022Sept 2021	Q1 FY2022Jun 2021	Q4 FY2021Mar 2021
Revenue from operations	23.74	26.13	31.4	31.53	25.95	35.36	27.73	31.03	34.89	27.77	25.95	29.98	24.83	23.39	23.76	22.65	16.64	18.76	15.18	15.62
Total income	23.89	26.41	31.52	31.52	26.1	35.57	27.76	31.24	34.99	27.81	26.05	30.15	24.98	23.47	23.82	22.83	16.65	18.94	15.34	15.81
Profit after tax	0.6478	0.5659	0.6935	0.5274	0.1838	0.9391	0.3962	0.1978	1.14	0.2514	0.2069	0.0576	0.177	0.267	0.2083	0.3662	0.0764	0.0218	0.6285	0.4969
Profit before tax	0.8978	0.8859	0.8535	0.6674	0.7451	0.9391	0.5294	0.6624	1.14	0.2514	0.2069	0.6129	0.177	0.267	0.2083	0.4068	0.0764	0.2405	0.6285	0.607
Tax expense	0.25	0.32	0.16	0.14	0.5613	0	0.1332	0.4646	0	0	0	0.5553	0	0	0	0.0406	0	0.2187	0	0.1101
Finance costs	0.8131	0.7736	1.83	0.71	0.7671	0.8596	0.7074	0.9658	0.7763	0.6704	0.5546	0.5994	0.6995	0.6165	0.4009	0.4988	0.2847	0.2955	0.3122	0.2857
Depreciation & amortisation	0.2122	0.2121	0.2266	0.2266	0.2289	0.2254	0.2244	0.2036	0.192	0.201	0.2179	0.2104	0.2093	0.216	0.2139	0.2065	0.2104	0.2094	0.2065	0.1975
Basic EPS · ₹ / share	1.84	1.6	1.97	10	0.52	2.66	1.12	0.56	3.24	0.71	0.59	0.02	0.5	0.76	0.59	1.04	0.22	0.06	1.78	1.41
Original statement	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗

Showing 20 of 31 periods. Revenue excludes other income. Total PAT and profit attributable to owners remain separate. EPS is as reported, not annualised or retrospectively adjusted for later corporate actions. Cumulative half-year and nine-month figures are not relabelled as quarterly results.

Capital & cash

What the business owns, owes and generates · standalone · ₹ crore

Reported figures	Mar 2026Closing balances	Sept 2025Closing balances	Mar 2025Closing balances	Sept 2024Closing balances	Mar 2024Closing balances	Sept 2023Closing balances	Mar 2023Closing balances	Sept 2022Closing balances	Mar 2022Closing balances	Sept 2021Closing balances
Total assets	71.82	66.8	61.13	46.92	66.53	49.58	52.53	48.98	45.5	39.53
Non-current assets	4.83	5	5.24	5.45	5.62	5.34	5.56	5.88	5.98	6.31
Current assets	66.99	61.8	55.88	41.47	60.92	44.24	46.97	43.11	39.52	33.22
Property, plant & equipment	4.69	4.87	5.21	5.4	5.6	5.33	5.55	5.88	5.88	6.21
Cash & cash equivalents	16.78	11.83	9.48	9.4	9.44	6.78	5.98	5.03	5.14	0.0716
Total equity	22.4	20.88	19.82	19.69	18.22	16.88	16.43	16.2	15.73	15.28
Total liabilities	49.42	45.92	41.31	27.22	48.31	32.7	36.11	32.78	29.78	24.25
Non-current liabilities	10.46	10.16	10.65	2.3	11.76	1.79	9.25	2.32	5.6	5.61
Current liabilities	38.96	35.75	30.66	24.92	36.55	30.9	26.86	30.46	24.17	18.64
Non-current borrowings	1.81	0.4861	1.18	1.62	1.69	1.17	1.5	1.77	2.1	1.76
Current borrowings	19.98	21.43	15.03	15.95	17.46	16.71	15.83	16.64	13.99	6.51
Equity & liabilities	71.82	66.8	61.13	46.92	66.53	49.58	52.53	48.98	45.5	39.53
Original statement	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗	BSE ↗

Showing 10 of 16 balance sheets, Sept 2018–Mar 2026. Borrowings are separate from total liabilities. Cash excludes other bank balances. Missing facts are shown as a dash.

Source-linked automated checks · entity-wide factsRead the latest original filing

Company disclosure trail

What changed

Earnings & business3 Oct 2026 · BSE

Un-audited Financial Results and Limited Review Reports of the Company for the quarter/half year ended on 30th September, 2026

PDF excerpts available

Earnings & business3 Oct 2026 · BSE

Un-Audited Financial Results and Limited Review Report of the Company for the quarter/half year ended on 30th September, 2026.

PDF excerpts available

Explore all disclosures