Hindware Home Innovation
- Market cap
- ₹ 1,332 Cr.
- P/E
- 181.1x
- P/B
- 1.91x
- 52-week range
- 155.48 – 390
- ROE
- 0%
- ROCE
- 7%
- Dividend yield
- 0%
- Debt / equity
- 1.16
- Sector
- Consumer Durables
- Industry
- Sanitary Ware
- Listed on
- NSE, BSE
About
Hindware Home Innovation Limited is an India-based company, which is engaged in trading and marketing of products. The Company’s segments include the consumer appliances business, building products, and others. Under the Consumer Appliances segment, the Company offers a range of products to enhance modern living, including kitchen and home appliances under the brand Hindware Smart Appliances. Through its partnership with Formenti & Giovenzana, the Company elevates living spaces with premium kitchen and furniture fittings, ensuring quality and sophistication in every detail. Its kitchen appliances include chimneys, built-in hobs, dishwashers, cooktops, built-in ovens, cooking ranges, water purifiers and sinks. It also houses air coolers and ceiling fans. The Building Products segment offers a comprehensive solution with a wide range of products under the bathware, premium tiles and plastic pipes and fittings segments.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Sanitary Ware: 3 companies →Hindware Home Innovation against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)181.1 against a typical 40.5: pricier than most peers (1st = cheapest).3rd of 3
- Share price, 3 months−25.3% against a typical −25.3%.2nd of 3
- Size₹ 1,332.3 Cr. market value against a typical ₹ 1,332.3 Cr. (1st = largest).2nd of 3
Latest announcements
Exchange filings and their impact on the company.
- NCLT sanctioned the composite demerger scheme, a procedural step with no quantified 12-month financial impact yet.
Hindware Home Innovation said the NCLT Kolkata Bench has sanctioned its composite scheme of arrangement involving HHIL Limited and Hindware Limited by order dated 14 October 2026, uploaded on 15 October 2026. The scheme will become effective only after filing of the order with the Registrar of Companies, and certified copies are still awaited. No share entitlement, asset transfer values or financial impact were disclosed in this update, so there is no immediate change to consolidated sales or profits.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BBB+ by CARE- CARE lowered its rating on 8 Apr 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BBB+ (Rating Watch with Developing Implications) | — | 8 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 8 Apr 2026 | ▼ Downgrade | CARE BBB+ (Rating Watch with Developing Implications) | — | CARE | ₹ 269 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Hindware Home InnovationAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 19 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 12 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 11 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 24 May 2025 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2025, dividend and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 693 | 693 | 772 | 600 | 630 | 594 | 699 | 531 | 676 | 640 | 663 | 625 |
| Expenses | 619 | 642 | 698 | 557 | 600 | 565 | 658 | 482 | 620 | 592 | 618 | 575 |
| Operating Profit | 74 | 51 | 75 | 43 | 30 | 29 | 41 | 49 | 56 | 48 | 44 | 50 |
| OPM % | 10.7% | 7.3% | 9.7% | 7.2% | 4.7% | 5% | 5.9% | 9.2% | 8.3% | 7.5% | 6.7% | 8% |
| Other Income | 5 | 11 | −5 | 12 | 9 | 7 | −16 | −40 | 4 | 3 | 15 | 5 |
| Interest | 24 | 24 | 24 | 24 | 24 | 23 | 19 | 18 | 17 | 17 | 19 | 17 |
| Depreciation | 29 | 31 | 31 | 31 | 31 | 31 | 30 | 30 | 29 | 29 | 29 | 30 |
| Profit before tax | 27 | 6 | 14 | 0 | −16 | −16 | −25 | −40 | 15 | 6 | 11 | 7 |
| Tax % | 21.3% | 4.8% | 52.1% | 110.5% | −24.4% | −22.8% | 2.3% | −37.3% | 43.7% | 19.7% | 27.1% | 28.9% |
| Net Profit | 20 | 5 | 3 | −4 | −16 | −18 | −31 | −29 | 5 | 4 | −19 | 4 |
| EPS in Rs | 2.29 | 0.54 | 0.26 | −0.48 | −1.86 | −2.12 | −3.7 | −3.48 | 0.59 | 0.42 | −2.28 | 0.52 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 7%
- 3 Years
- −4%
- TTM
- 6%
- 10 Years
- —
- 5 Years
- −55%
- 3 Years
- −74%
- TTM
- 79%
- 10 Years
- —
- 5 Years
- −11%
- 3 Years
- −27%
- TTM
- —
- 10 Years
- —
- 5 Years
- 5%
- 3 Years
- −1%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Hindware Home Innovation | ₹ 172.00 | ₹ 1,332 Cr. | 181.1x | 1.9x | 0% | — |
| LG Electronics India | ₹ 1,623.00 | ₹ 1,12,853 Cr. | 63.7x | 14x | 24.7% | 6.9% |
| Honeywell Automation India | ₹ 31,460.00 | ₹ 27,754 Cr. | 64.3x | 7.7x | 12.4% | 11.2% |
| Whirlpool Of India | ₹ 789.00 | ₹ 10,012 Cr. | 31.1x | 2.4x | 7.2% | 3.7% |
| IFB Industries | ₹ 1,053.70 | ₹ 4,288 Cr. | 34.7x | 5.4x | 15.6% | 2.6% |
| Electronics Mart India | ₹ 153.45 | ₹ 5,904 Cr. | 48.6x | 3.1x | 6.8% | 1.5% |
Management
- Naveen Malik
- Chief Executive Officer, Chief Financial Officer
- Payal M. Puri
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.