Hindware Home Innovation Ltd

Hindware Home In Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Hindware Home Innovation Ltd

₹ 242 -2.20%
14 Jul - close price
shilgroup.com BSE: 542905 NSE: HINDWAREAP
About

Hindware Home Innovation Limited is a leader in Building Products and a prominent player in Consumer Appliances and Building Products.
Building Products business offers a wide range of products under the Bathware, Premium Tiles and Plastic Pipes and Fittings segments.
Under the Consumer Appliances business, it offers products to enhance modern living, including kitchen and home appliances under brand ‘Hindware Smart Appliances’.
Hintastica Private Limited (HPL), company's Joint Venture with Groupe Atlantic, manufactures state-of-the-art water heaters.[1]

Key Points

History
The company was incorporated in 2017 as a part of the Hindware group. The demerger of AGI Greenpac Ltd led to the transfer of the marketing and distribution of consumer products and retail businesses to the company on April 01, 2018. [1]

Website BSE NSE
  • Market Cap ₹ 2,028 Cr.
  • Current Price ₹ 242
  • High / Low ₹ 393 / 170
  • Stock P/E 151
  • Book Value ₹ 26.7
  • Dividend Yield 0.00 %
  • ROCE 1.58 %
  • ROE 5.19 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Debtor days have improved from 79.7 to 55.3 days.

Cons

  • Stock is trading at 9.08 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -8.82% over past five years.
  • Company has a low return on equity of -10.1% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Consumer Durables Consumer Durables Sanitary Ware

Part of BSE Consumer Discretionary BSE 1000

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
140 105 96 117 108 111 83 67 92 71 84 81 80
139 108 102 127 121 113 94 81 106 72 84 86 87
Operating Profit 2 -3 -6 -10 -13 -2 -12 -13 -14 -1 0 -4 -7
OPM % 1% -3% -6% -8% -12% -2% -14% -20% -15% -1% 0% -5% -9%
3 31 1 4 -11 4 8 3 3 -39 7 9 -34
Interest 5 5 5 4 4 5 5 4 2 2 2 1 1
Depreciation 5 4 4 5 4 5 4 4 4 4 2 2 3
Profit before tax -6 19 -14 -16 -32 -7 -13 -19 -16 -45 4 1 -45
Tax % -27% 40% -35% -35% -14% -25% -34% -25% -29% -36% 80% 40% -4%
-4 11 -9 -10 -28 -5 -9 -14 -12 -29 1 1 -43
EPS in Rs -0.51 1.36 -1.11 -1.22 -3.33 -0.64 -1.04 -1.67 -1.39 -3.43 0.09 0.08 -5.18
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 397 451 503 491 557 422 352 317
0 412 443 476 479 544 452 393 329
Operating Profit -0 -15 8 28 13 13 -30 -41 -12
OPM % -4% 2% 5% 3% 2% -7% -12% -4%
0 0 29 39 35 44 23 18 -57
Interest 0 8 13 15 16 20 18 15 6
Depreciation 0 6 22 15 14 18 17 17 11
Profit before tax -0 -29 3 36 17 19 -43 -55 -85
Tax % 0% -34% -246% 48% 27% 43% -16% -28% -17%
-0 -19 9 19 13 11 -36 -40 -71
EPS in Rs 1.05 2.23 1.52 1.27 -4.31 -4.73 -8.44
Dividend Payout % 0% 0% 12% 12% 28% 34% -8% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -9%
3 Years: -17%
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: 73%
3 Years: 8%
TTM: 140%
Stock Price CAGR
10 Years: %
5 Years: -9%
3 Years: -23%
1 Year: -9%
Return on Equity
10 Years: %
5 Years: -4%
3 Years: -10%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.10 0.00 14 14 14 14 14 17 17
Reserves -0 68 77 95 102 112 73 277 207
0 119 138 145 225 179 195 48 50
0 99 169 192 166 166 172 164 143
Total Liabilities 0 286 397 445 507 471 454 506 416
0 25 79 49 86 91 78 63 45
CWIP 0 4 3 1 6 5 1 2 0
Investments 0 2 2 2 29 39 62 74 40
0 255 314 393 384 336 313 367 331
Total Assets 0 286 397 445 507 471 454 506 416

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0 -38 -17 54 -58 61 16 11 6
-0 42 14 -13 45 6 -8 -113 -1
0 6 -6 -39 14 -68 1 96 -4
Net Cash Flow 0 9 -8 2 1 -2 10 -6 2
Free Cash Flow -0 -46 -28 46 -68 46 11 6 3
CFO/OP 80% 252% -196% 196% -359% 484% -65% -23% -72%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 81 95 115 104 91 90 94 55
Inventory Days 156 172 127 165 125 158 144 146
Days Payable 50 83 111 94 80 96 90 96
Cash Conversion Cycle 186 184 130 175 135 151 148 105
Working Capital Days 26 22 51 36 38 -9 37 -1
ROCE % -22% 8% 7% 11% 12% -2% -11% 2%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Plastic Pipes SKUs
count

Log in to view insights

Please log in to see hidden values.

Login
Bathware Brand Stores
count
Bathware Distributors
count
Bathware Retailers/Dealers
count
Pipes Dealers/Retail Outlets
count
Pipes Distributors
count
Plastic Pipes & Fittings Sales Volume
MT
Plastic Pipes Installed Capacity
MT per quarter

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 52.54% 52.74% 52.74% 52.74% 52.74% 52.74%
5.03% 7.15% 7.59% 7.49% 6.05% 5.65% 3.50% 3.64% 3.59% 3.16% 3.10% 3.36%
9.02% 9.16% 9.82% 7.34% 7.09% 6.91% 7.58% 7.09% 6.75% 6.35% 5.75% 5.83%
34.63% 32.36% 31.27% 33.85% 35.54% 36.12% 36.37% 36.52% 36.92% 37.74% 38.40% 38.06%
No. of Shareholders 41,48842,24536,00237,23738,57442,91445,60946,20743,76441,14738,59438,057

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls