| Revenue growth | FY26 consolidated revenue ₹2,510 crore, nearly flat YoY vs ₹2,523 crore. |
|---|---|
| Margins | Consolidated EBITDA margins up 200bps YoY to 9%; targeting mid-teens in 2 years. |
| Order book | Pipes business had strong order book in March but only 50% execution. |
| Demand visibility | Subdued Q4 demand; momentum building in April/May 2026 for FY27. |
| Management confidence | High confidence in gaining market share and achieving 15-20% growth in FY27. |
Growth
FY26 revenue ₹2,510cr (flat YoY); Q4 revenue ₹663cr; EBITDA margins improved from 7% to 9% YoY.
Outlook
Guided 15-20% growth in Bathware and Consumer Appliances for FY27; net debt reduction target of 30-40% over 3 years.
Risks
Raw material price volatility (PVC, brass), fuel cost inflation, and temporary supply disruptions in the tiles business.
Earnings Call filed with BSE, NSE: HINDWAREAP. Summary written with AI assistance from the document.
Hindware Home Innovation Ltd: key numbers
- Share price
- ₹176.30
- Market cap
- ₹1,475 Cr
- Revenue (annual)
- ₹2,510 Cr
- Net profit (annual)
- ₹-39.68 Cr
- P/E (TTM)
- -236.7×Sector 44.3×
- 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 Merger & Restructuring
Hindware Home Innovation received the certified NCLT order sanctioning its composite demerger and amalgamation scheme, dated 14 October 2026. The effective date and record date will be announced later.
Hindware Home Innovation Board Meeting Date
Hindware Home Innovation's board will meet on 13 November 2026 to approve unaudited Q2 and half-year results. The meeting notice also proposes routine matters beyond the results.
Hindware Home Innovation Management Change
Hindware Home Innovation's CEO and CFO Naveen Malik and Company Secretary Payal Puri resigned effective 3 November 2026. Both are moving to subsidiary Hindware Limited as part of an internal reorganisation.
Hindware Home Innovation Merger & Restructuring
Hindware Home Innovation Limited received the NCLT Kolkata Bench order sanctioning its composite scheme of arrangement involving demerger and amalgamation of its business segments.
Hindware Home Innovation Legal & Regulatory
Hindware Limited received a Rs. 1.27 Crore tax demand order under the Kerala Value Added Tax Act for FY 2012-13.
- Value
- ₹1.27 Cr
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.