| Revenue growth | Bathware: 10% YoY growth; Pipes: 14% YoY decline. |
|---|---|
| Margins | Bathware EBITDA margins improved to 10.3% from 8.8%. |
| Demand visibility | Sustained demand in core Bathware; subdued infrastructure spending in Pipes. |
| Management confidence | High for Bathware; cautiously optimistic for Pipes recovery by H2 FY27. |
Growth
Bathware sales grew 10% YoY to ₹1,520 crore; EBITDA rose 30% to ₹157 crore. Pipes revenue declined 14% to ₹673 crore.
Outlook
Guided 15-20% sales growth in Bathware for FY27. Composite scheme effective April 1, 2025, for business demerger.
Risks
Raw material volatility, unseasonal rainfall, and subdued infrastructure spending impacted Pipes & Fittings profitability.
Earnings Call filed with BSE, NSE: HINDWAREAP. Summary written with AI assistance from the document.
Hindware Home Innovation Ltd: key numbers
- Share price
- ₹173.68
- Market cap
- ₹1,453 Cr
- Revenue (annual)
- ₹2,510 Cr
- Net profit (annual)
- ₹-39.68 Cr
- P/E (TTM)
- -233.2×Sector 45.9×
- Promoter holding
- 52.74%+0.00% QoQ
- FII holding
- 5.14%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Hindware Home Innovation Ltd
All →Hindware Home Innovation Other Announcement
Hindware Home Innovation received a Crisil ESG rating of 48 (Below average) assigned on 7 September 2026. The company clarified CRISIL independently assigned the rating without engagement.
Hindware Home Innovation Investor Presentation: Key Takeaways
Hindware reports consolidated Q1 FY27 revenue growth driven by Bathware, amid Pipe segment margin headwinds. Company is undergoing a demerger to list Consumer and Building products separately.
- Call
- Guides 15% growth
Hindware Home Innovation Q1 FY27 Results: Turns Profitable, Net Profit ₹4.3 Cr
Hindware Home Innovation Ltd reported revenue from operations of ₹625.2 Cr (+17.7% YoY) and net profit of ₹4.3 Cr for Q1 FY27.
- Key figure
- Net profit ₹4.3 Cr
Hindware Home Innovation Earnings Call: Key Takeaways
Hindware Home Innovation reported FY26 consolidated revenue of ₹2,510 crore with EBITDA growth of 27% YoY to ₹233 crore. Strategy focuses on premiumization and product rationalization.
Hindware Home Innovation Earnings Call: Key Takeaways
Hindware shows a recovery in EBITDA margins to 9% despite revenue flatlining, driven by exiting loss-making consumer categories and aggressive pricing in bathware to offset raw material inflation.
Hindware Home Innovation Q4 FY26 Results: Net Loss of ₹18.9 Cr, Loss Narrows
Hindware Home Innovation Ltd reported revenue from operations of ₹662.7 Cr (-5.2% YoY) and a net loss of ₹18.9 Cr for Q4 FY26.
- Key figure
- Net loss ₹18.9 Cr