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Hindware Home Innovation share price & results

Hindware Home Innovation Limited· Consumer Durables· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Makes bathware, faucets, tiles, pipes and kitchen appliances under Hindware, Truflo and Queo brands.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue625 ₹ crore+17.7% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin8.0 %−1.2 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit4.4 ₹ crore—Quarterly, as filedQuarter to Jun 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equity-0.50 %+6.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin5.26 %+5.5 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)6.12 %+9.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 7 judged targets kept · 12 open · verdicts reflect calls analysed to Q4 FY26.

Hindware Home Innovation Limited management guidance track record on Inve: 19 targets tracked across analysed earnings calls (1 achieved, 6 missed, 12 open).

TargetOriginal wordingSaidLatest callVerdict
Bathware Revenue Run-rateReach INR 400 crores quarterly run rate by quarter 3 and quarter 4 this year (FY26).
Call transcript, Q1 FY26 · 13 Aug 2025		Q1 FY26Q4 FY26:Q4 revenue was INR 397 cr, again falling short of the INR 400 cr target. The promise has been missed.
Call transcript, Q4 FY26 · 20 May 2026		Missed
Net Debt ReductionReduce debt by a level of somewhere around Rs. 200 crore to Rs. 250 crore in the next two years.
Call transcript, Q4 FY25 · 27 May 2025		Q4 FY25Q4 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.
Call transcript, Q4 FY26 · 20 May 2026		At Risk
Kitchen Appliances CAGRExpect a CAGR of 15% to 20% over the coming 2 to 3 years in this business.
Call transcript, Q3 FY26 · 13 Feb 2026		Q3 FY26Q4 FY26:Management reiterated a 15-20% growth target for the Consumer Appliances segment for FY27, keeping this multi-year promise on track.
Call transcript, Q4 FY26 · 20 May 2026		On Track

Source: Inve Guidance Tracker for Hindware Home Innovation Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Hindware Home Innovation Limited's 19 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 16 more targets are in the full ledger.

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Price

₹165.05 +2.24% · +₹3.61

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −53.5% 1Y

₹150₹200₹250₹300₹350Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 12 Nov 2025Q3 FY26 — 13 Feb 2026Q4 FY26 — 20 May 2026

1Y: ₹355.1 on 24 Oct 2025 → ₹165.05. High ₹377.5 (11 Nov 2025), low ₹161.44 (26 Oct 2026).

Previous close
₹161.44
Market cap
₹1.4k Cr
52-week range
₹161.44 – ₹377.5
One year
−53.65%
Price to earnings (FY ending Mar 2026)
675.00×
Return on equity (TTM to Jun 2026)
-0.50%

Overview

Symbol
NSE:HINDWAREAP
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Hindware Home Innovation Limited does

Based on the company's own presentations, annual report and earnings calls.

Hindware Home Innovation Limited manufactures and sells sanitaryware, faucets, wellness products and premium tiles under the Hindware brand, plastic pipes and fittings under the Truflo by Hindware brand, and kitchen appliances (chimneys, hobs, cooktops) and water heaters under its Consumer Products business. It earns primarily through the Bathware segment (sanitaryware and faucets sold across retail, institutional/project and modern trade channels), followed by Plastic Pipes & Fittings and Consumer Products. Water heaters are sold through a 50:50 joint venture with Groupe Atlantic, a French heating-appliances group. The Bathware business is carried out through subsidiary Hindware Limited, and the company has approved a scheme to demerge into separate listed entities (HHIL Limited and Hindware Limited).

Segments

  • Bathware
  • Plastic Pipes & Fittings
  • Consumer Products (Home Innovation)
Sanitaryware plant - Bahadurgarh, Haryana
Up to 1.75 million pieces per annum
Sanitaryware plant - Bibinagar, Telangana
Up to 2.1 million pieces per annum
Faucets plant - Kaharani, Rajasthan
Up to 3.7 million pieces per annum
Pipes plant - Sangareddy, Telangana
66,000+ MTPA capacity
Pipes plant - Roorkee, Uttarakhand
12,500 MTPA capacity, commenced commercial production Jan 30, 2026
Bathware distribution network
500+ distributors, 35,000+ retailers/dealers and ~600 brand galleries
Company website

How the price took the results

close before → close after

Q4 FY26
−1.2%
20 May
Q3 FY26
+4.0%
13 Feb
Q2 FY26
−5.1%
12 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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