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Earnings Call

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.

Highlights
Revenue growthFY26 consolidated revenue ₹2,510 crore, nearly flat YoY vs ₹2,523 crore.
MarginsConsolidated EBITDA margins up 200bps YoY to 9%; targeting mid-teens in 2 years.
Order bookPipes business had strong order book in March but only 50% execution.
Demand visibilitySubdued Q4 demand; momentum building in April/May 2026 for FY27.
Management confidenceHigh 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.

Source

Earnings Call filed with BSE, NSE: HINDWAREAP. Summary written with AI assistance from the document.

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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.

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Other Announcement

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.

17:18 IST BSE
Financial Results

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