1. United Kingdom Stocks

  2. •

    Process industries

  3. •

    Industrial specialties
Hardide plc

Hardide plc

LLSE:HDD
112.00
GBX
+0.50
(+0.45%)
2.52BMarket Cap
Dec 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
89.02
75.28
103.55
63.89
118.28
0.21
0.1
0.09
0.07
0.09
0.09
0.07
0.08
- -
Basic EPS, GAAP
-32
4
-4
-40
-40
-0.04
-0.02
-0.02
-0.05
-0.04
-0.02
-0.02
- -
- -
Free Cash Flow per Basic Share
-15.47
-1.17
-38.79
-57.09
-26.93
-0.02
-0.04
-0.09
-0.04
-0.02
- -
-0.01
0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.02
0.12
0.12
0.11
0.09
0.12
0.16
0.17
0.12
0.09
0.07
0.05
0.05
0.07
Tangible Book Value per Share
0.02
0.12
0.11
0.11
0.08
0.12
0.15
0.16
0.12
0.09
0.07
0.05
0.05
0.07
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
22
49
52
54
56
59
71
79
79
Sales/Revenue/Turnover
2
3
3
2
3
5
5
5
4
5
5
5
6
- -
Operating Margin (%)
-14.2
0.03
-16.18
-80.39
-38.2
-19.9
-23.79
-26.58
-78.57
-42.85
-17.49
-16.72
4.31
- -
Depreciation Expense
- -
- -
- -
- -
1
- -
- -
1
1
1
1
1
1
- -
Net Income, GAAP
-1
- -
- -
-1
-1
-1
-1
-1
-3
-2
-1
-1
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-35.95
5.31
-3.86
-62.61
-33.82
-18.75
-22.49
-27.14
-77.9
-43.63
-20.33
-27.91
2.95
- -
Working Capital
1
4
3
2
2
3
5
3
2
1
1
1
1
2
LT Debt
- -
- -
- -
- -
- -
- -
- -
2
3
3
3
2
2
2
Total Equity
1
4
4
4
3
5
8
9
7
6
4
4
4
5
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-97.47
7.04
-2.97
-32.56
-28.59
-20.67
-17.78
-15.62
-35.58
-35.17
-22.77
-33.2
4.72
- -

Capital Structure

GBP

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
79
Market Capitalization
5
6
25

Working Capital

GBP

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
Total Current Assets
2
3
4
Cash, Cash Equivalents & STI
1
1
2
Accounts Receivable, Net
1
1
2
Inventories
- -
- -
- -
Total Current Liabilities
1
2
2
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.64%
-14.58%
6.01%
Free Cash Flow
-108.94%
-304.82%
-208%
Net Income, GAAP
101.25%
-9.84%
-113.48%
Sales/Revenue/Turnover
10.68%
7.64%
27.48%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5
2025
- -
- -
6
2026
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.02
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Matthew Roger Hamblin
Full Time Employees
30
Sector
Process industries
Industry
Industrial specialties
Address
9 Longlands Road Bicester OX United Kingdom OX26 5AH
IPO Date
Apr 4, 2005
Website
hardide.com
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Business
Hardide plc develops and provides advanced tungsten carbide and tungsten metal matrix composite coatings via patented chemical vapour deposition processes that enhance the lifespan of critical metal components in abrasive, erosive, corrosive and chemically aggressive environments. The company manufactures nanostructured, homogeneous and binder-free coatings including Hardide-T, Hardide-W and Hardide-D variants; these coatings apply to diverse metallic substrates such as stainless steels encompassing austenitic, ferritic, martensitic, precipitation-hardening, duplex and super duplex types; superalloys; tool and carbon steels; and nickel, copper and cobalt-based alloys; serving as recognized replacements for hard chrome, cadmium plating, ceramics and HVOF tungsten carbides. Hardide targets industries including aerospace, energy, flow control, precision engineering and oil and gas; with customers encompassing major players such as Airbus, Lockheed Martin, Leonardo Helicopters, GE and Tier 1 suppliers. The company operates manufacturing facilities in Bicester, Oxfordshire, UK, which doubled in size following a 2020 relocation, and Martinsville, Virginia, USA; founded in 2000 by UK venture capitalists commercializing a CVD coating patent and listed on the London Stock Exchange's AIM (HDD) since 2005; Hardide Coatings Ltd (England and Wales company number 04055277) functions as its principal operating subsidiary alongside Hardide Coatings Inc. Recent developments encompass FY24 (year ended 30 September 2024) revenue of GBP4.7m reflecting a H2 gross margin of 54% and adjusted EBITDA positivity of GBP0.5m; a major GBP1.8m order from a new US energy customer in December 2025 supporting demand through late 2026 and potential 2027 volume increases; Q1 FY25 (October-December 2024) revenues of GBP1.3m with cash balance rising to GBP1.0m; ongoing aerospace production qualifications including finalized specifications for Tier 1 energy systems suppliers and customer-funded testing for global oil and gas OEMs targeting FY25-FY26 volumes; alongside a 30% reduction in cash break-even sales threshold to just over GBP5m annually through cost efficiencies and pricing enhancements.