Hindware Home Innovation Limited
NSE: HINDWAREAP · Unclassified
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Instant answers about Hindware Home Innovation Limited — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | 1,613 | 1,775 | 2,294 | 2,873 | 2,800 | 2,523 | 2,510 |
| EBITDA | 88 | 143 | 175 | 246 | 238 | 143 | 198 |
| Operating margin | 5.5% | 8.1% | 7.6% | 8.6% | 8.5% | 5.7% | 7.9% |
| Interest | 33 | 29 | 20 | 77 | 95 | 89 | 70 |
| Depreciation | 46 | 39 | 39 | 101 | 123 | 123 | 117 |
| Profit before tax | 33 | 92 | 245 | 103 | 57 | -58 | -8 |
| Tax | 10 | 38 | 42 | 37 | 20 | -7 | -4 |
| Net profit | 0 | 0 | 0 | 57 | 26 | 68 | -40 |
| EPS ₹ | 3.20 | 7.59 | 27.90 | 7.96 | 3.56 | -8.78 | -4.74 |
| Operating cash flow | — | — | 226 | 221 | 241 | 192 | 258 |
| Capex | — | — | 302 | 196 | 183 | 202 | 128 |
| Dividend paid | — | — | 6 | 0 | 4 | 3 | 0 |
| Total assets | — | — | — | 2,303 | 2,420 | 2,528 | 2,452 |
| Equity | — | — | — | 576 | 598 | 777 | 737 |
Quarterly performance
last 27 quarters · ₹ crore| DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 444 | 365 | 185 | 425 | 551 | 613 | 342 | 617 | 649 | 686 | 678 | 715 | 713 | 768 | 634 | 700 | 693 | 774 | 600 | 630 | 594 | 699 | 531 | 676 | 640 | 663 | 625 |
| Operating profit | 27 | 13 | -17 | 40 | 56 | 65 | 10 | 49 | 53 | 62 | 59 | 56 | 50 | 83 | 60 | 72 | 51 | 56 | 43 | 30 | 29 | 41 | 49 | 56 | 48 | 44 | 50 |
| Operating margin | 6.1% | 3.6% | -9.3% | 9.4% | 10.1% | 10.5% | 3.1% | 8.0% | 8.2% | 9.0% | 8.6% | 7.8% | 7.0% | 10.8% | 9.5% | 10.3% | 7.3% | 7.2% | 7.2% | 4.7% | 4.9% | 5.8% | 9.2% | 8.3% | 7.5% | 6.7% | 8.0% |
| Other income | 7 | 12 | 3 | 6 | 4 | 5 | 7 | 8 | 9 | 6 | 8 | 9 | 11 | 7 | 8 | 8 | 11 | 9 | 12 | 10 | 8 | 10 | 9 | 4 | 3 | 19 | 4 |
| Interest | 10 | 8 | 11 | 7 | 6 | 6 | 5 | 6 | 4 | 5 | 14 | 19 | 22 | 23 | 22 | 24 | 24 | 25 | 24 | 24 | 23 | 19 | 18 | 17 | 17 | 19 | 17 |
| Depreciation | 12 | 14 | 11 | 11 | 9 | 9 | 9 | 10 | 10 | 11 | 22 | 25 | 25 | 28 | 29 | 30 | 31 | 32 | 31 | 31 | 31 | 30 | 30 | 29 | 29 | 29 | 30 |
| Profit before tax | 13 | 3 | -36 | 27 | 45 | 56 | 104 | 42 | 48 | 51 | 31 | 20 | 13 | 38 | 17 | 25 | 6 | 8 | 1 | -15 | -16 | -28 | -40 | 15 | 6 | 11 | 7 |
| Tax | 4 | 0 | -11 | 8 | 8 | 33 | 0 | 18 | 12 | 11 | 18 | 5 | 4 | 10 | 14 | 4 | 0 | 1 | 0 | -4 | -4 | 1 | -15 | 6 | 1 | 3 | 2 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 0 | 19 | 4 | 2 | -4 | -16 | -18 | -31 | -29 | 5 | 4 | -19 | 4 |
| EPS ₹ | 1.28 | 0.32 | -3.39 | 2.69 | 5.21 | 3.08 | 14.33 | 3.44 | 4.96 | 5.16 | 1.49 | 2.25 | 1.08 | 3.15 | 0.09 | 2.72 | 0.63 | 0.30 | -0.55 | -2.16 | -2.28 | -3.70 | -3.48 | 0.59 | 0.42 | -2.27 | 0.52 |
| Revenue YoY | — | — | — | — | 24.1% | 68.2% | 84.7% | 45.0% | 17.7% | 11.8% | 98.1% | 15.9% | 9.8% | 12.0% | -6.5% | -2.0% | -2.8% | 0.8% | -5.4% | -10.1% | -14.2% | -9.6% | -11.5% | 7.4% | 7.7% | -5.2% | 17.7% |
| Profit YoY | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -90.4% | -1585.2% | -181.3% | -520.9% | -1546.3% | — | — | — | — | — |
Returns & margins
trailing-twelve-month, per quarter| SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | 0.0% | 0.0% | 3.9% | 3.9% | 7.1% | 7.8% | 4.3% | 3.6% | -2.3% | -6.1% | -8.8% | -12.0% | -9.7% | -6.8% | -5.4% | -0.8% |
| ROCE | — | — | — | — | — | — | — | — | 14.9% | 13.6% | 14.0% | 13.6% | 13.0% | 12.6% | 10.6% | 9.6% | 6.7% | 5.1% | 2.1% | -1.0% | 0.5% | 1.6% | 4.3% | 7.6% |
| Net margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.8% | 0.8% | 1.5% | 1.6% | 0.9% | 0.8% | -0.5% | -1.4% | -2.7% | -3.8% | -2.9% | -2.0% | -1.6% | -0.2% |
| EBITDA margin | 4.4% | 6.0% | 8.1% | 8.8% | 8.5% | 8.0% | 7.6% | 8.5% | 8.4% | 8.1% | 8.6% | 8.8% | 9.4% | 9.5% | 8.5% | 8.0% | 6.7% | 6.1% | 5.7% | 6.1% | 7.0% | 7.6% | 7.9% | 7.6% |
| Debt / equity | — | — | — | — | — | — | — | — | 1.33 | 1.33 | 1.24 | 1.24 | 1.41 | 1.41 | 1.40 | 1.40 | 1.51 | 1.51 | 0.93 | 0.93 | 1.01 | 1.01 | 0.96 | 0.96 |
| Interest coverage | 1.20 | 2.23 | 4.14 | 10.84 | 12.17 | 12.95 | 13.01 | 6.99 | 4.59 | 2.95 | 2.34 | 2.03 | 2.02 | 1.93 | 1.60 | 1.42 | 1.01 | 0.77 | 0.35 | -0.18 | 0.10 | 0.34 | 0.89 | 1.56 |
| Asset turnover | — | — | — | — | — | — | — | — | 1.22 | 1.24 | 1.25 | 1.23 | 1.18 | 1.17 | 1.16 | 1.14 | 1.08 | 1.04 | 1.00 | 0.97 | 0.99 | 1.01 | 1.02 | 1.06 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | |
|---|---|---|---|---|---|---|---|---|
| Share capital | 14 | 14 | 14 | 14 | 14 | 17 | 17 | 17 |
| Other equity / reserves | 539 | 561 | 577 | 583 | 561 | 760 | 737 | 720 |
| Total equity | 554 | 576 | 591 | 598 | 575 | 777 | 753 | 737 |
| Borrowings | 734 | 712 | 835 | 837 | 867 | 720 | 757 | 709 |
| Current liabilities | 1,119 | 1,110 | 1,202 | 1,216 | 1,280 | 1,147 | 1,243 | 1,245 |
| Non-current liabilities | 571 | 609 | 580 | 597 | 606 | 573 | 514 | 449 |
| Total assets | 2,244 | 2,303 | 2,381 | 2,420 | 2,503 | 2,528 | 2,532 | 2,452 |
| Property, plant & equipment | 536 | 653 | 683 | 701 | 702 | 698 | 699 | 839 |
| Capital work-in-progress | 62 | 36 | 24 | 54 | 88 | 209 | 238 | 94 |
| Investments | 0 | 88 | 100 | 104 | 96 | 73 | 66 | 39 |
| Inventories | 722 | 684 | 670 | 589 | 652 | 601 | 631 | 614 |
| Receivables | 329 | 378 | 413 | 453 | 425 | 508 | 461 | 420 |
| Cash & equivalents | 6 | 9 | 7 | 29 | 6 | 25 | 11 | 33 |
Cash flow
annual · ₹ crore · line = free cash flow| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | 226 | 221 | 241 | 192 | 258 |
| Cash from investing | -124 | -705 | -219 | -215 | -129 |
| Cash from financing | -83 | 467 | -2 | 18 | -120 |
| Capex | 302 | 196 | 183 | 202 | 128 |
| Free cash flow | -76 | 25 | 57 | -10 | 130 |
| Dividends paid | 6 | 0 | 4 | 3 | 0 |
Where the assets sit
Mar '26 · ₹ crorePeer comparison
largest in Unclassified · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Avantel Limited | 36,86,04,549 | 138.69 | — | 1059360.68 | 0.0% |
| Ducol Organics And Colours Limited | 19,55,275 | 120.00 | — | 20089.13 | 0.0% |
| Jio Platforms Limited | 12,57,181 | 1,406.40 | — | 3.57 | — |
| SBI Funds Management Limited | 1,01,750 | 499.55 | — | — | — |
| Tamilnadu Telecommunication Limited | 91,314 | 9.93 | — | — | — |
| Manipal Health Enterprises Limited | 76,294 | 646.70 | — | — | — |
| INDO-MIM Limited | 59,042 | 1,219.50 | — | — | — |
| AvenuesAI Limited | 45,138 | 129.25 | 153.6 | 9.51 | 6.2% |
| Dhoot Transmission Limited | 32,761 | 1,601.60 | — | 8.11 | — |
| 3M India Limited | 31,071 | 27,570.00 | 53.8 | 17.57 | 32.7% |
| Hindware Home Innovation Limited | 1,408 | 168.29 | — | 1.91 | -0.8% |
StoxGud checklist: Bearish setup · 2/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
FAQs
What is the share price of Hindware Home Innovation Limited?
Hindware Home Innovation Limited (HINDWAREAP) closed at ₹168.29 on NSE on 06 Nov 2026.
What is the market cap of Hindware Home Innovation Limited?
₹1,408 crore at the latest close.
How fast is Hindware Home Innovation Limited growing?
Hindware Home Innovation Limited: revenue has compounded at -4.4% a year over three years. Latest-quarter revenue is up 17.7% year on year.
How profitable is Hindware Home Innovation Limited?
On a trailing-twelve-month basis return on equity is -0.8%, return on capital employed 7.6%, operating margin 7.6%, net margin -0.2%.
How much debt does Hindware Home Innovation Limited have?
Hindware Home Innovation Limited is moderately geared: debt to equity is 0.96 with borrowings of ₹709 cr against cash of ₹33 cr (balance sheet of 2026-03-31). Operating profit covers interest 1.6 times.
Financials parsed from Hindware Home Innovation Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from DEC '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.