HINDWAREAP

What Hindware Home Innovation promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 19 tracked 1 delivered 6 missed 12 open
  • Bathware Revenue Run-rate missed said Q1 FY26 Promised: Reach INR 400 crores quarterly run rate by quarter 3 and quarter 4 this year (FY26). Q4 FY26: Q4 revenue was INR 397 cr, again falling short of the INR 400 cr target. The promise has been missed.
  • Net Debt Reduction at risk said Q4 FY25 Promised: Reduce debt by a level of somewhere around Rs. 200 crore to Rs. 250 crore in the next two years. Q4 FY26: Consolidated net debt stands at INR 708 cr. While Bathware debt reduced, overall debt remains high. A new, separate 2-year reduction target was issued, but progress on the original promise is not on track after one year.
  • Kitchen Appliances CAGR on track said Q3 FY26 Promised: Expect a CAGR of 15% to 20% over the coming 2 to 3 years in this business. Q4 FY26: Management reiterated a 15-20% growth target for the Consumer Appliances segment for FY27, keeping this multi-year promise on track.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 19 tracked commitments for Hindware Home Innovation — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens