Hindware Home Innovation
- P/E
- Not meaningful: loss-making over the last twelve months
Key Fundamentals
MicrocapConsumer DurablesConsumer DiscretionaryPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 7.07%
- Debt to Equity
- 1.16
- EPS (TTM)
- −₹0.75
- Book Value
- ₹88.10
- Market Cap
- —
- P/E (TTM)
- Not meaningful: loss-making over the last twelve months
- P/B
- 1.90
- ROE
- 0.14%
- Dividend Yield
- 0.24%
- EBITDA
- ₹233 Cr
- 52W High
- ₹390.00
- 52W Low
- ₹155.48
- Day Range
- ₹162.61 – ₹168.96
- Volume
- 45,728
Peer Comparison
Consumer Discretionary › Consumer Goods › Sanitary Ware
| ₹4,777.30 | 30.36 | ₹6,079 Cr | 4.18 | 1.61% | 14.80% | 19.20% | ₹2,097 Cr | ₹203 Cr | |
| ₹167.78 | — | ₹1,381 Cr | 1.90 | 0.24% | 0.14% | 7.07% | ₹2,604 Cr | −₹6 Cr | |
| ₹22.50 | — | ₹53 Cr | 0.92 | 0.00% | 3.35% | 6.05% | — | — | |
| Median 3 companies | ₹167.78 | 30.36 | ₹1,381 Cr | 1.90 | 0.24% | 3.35% | 7.07% | ₹2,351 Cr | ₹99 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 93/100
Category scores
- Quality
- 60
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 62
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 36
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 19
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 14
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 41
- Weak
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
No strengths listed
Weaknesses
4- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.18% over past five years.
- Company has a low return on equity of -0.87% over last 3 years.
- Dividend payout has been low at 3.74% of profits over last 3 years
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 9 | 7 | 3 |
| Oscillators | Neutral | 1 | 7 | 1 |
| Moving Averages | Strong Bearish | 8 | 0 | 2 |
Oscillators
Neutral
Overall
Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 45.05
- Neutral
- MACD (12,26,9)
- −2.90
- Bullish
- SMA (50)
- 175.40
- Bearish
- SMA (200)
- 211.40
- Bearish
As of
Analyst Rating
1 of 1 analyst rates Buy, 0 Hold, 0 Sell.
As of
Growth Rate
From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 5Y | +7.18% |
|---|---|
| 3Y | −4.39% |
| 1Y | −0.52% |
| TTM | +6.12% |
Net profit
| 5Y | Turned to loss |
|---|---|
| 3Y | Turned to loss |
| 1Y | Loss narrowed by ₹29 Cr |
| TTM | Loss narrowed by ₹87.36 Cr |
Operating cash flow
| 5Y | +1.97% |
|---|---|
| 3Y | +5.30% |
| 1Y | +34.38% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 5Y | −0.13 pp |
|---|---|
| 3Y | −0.64 pp |
| 1Y | +2.26 pp |
| TTM | +1.58 pp |
Revenue by year
| Mar 2019 | ₹1,671 Cr |
|---|---|
| Mar 2020 | ₹1,613 Cr |
| Mar 2021 | ₹1,775 Cr |
| Mar 2022 | ₹2,294 Cr |
| Mar 2023 | ₹2,872 Cr |
| Mar 2024 | ₹2,800 Cr |
| Mar 2025 | ₹2,523 Cr |
| Mar 2026 | ₹2,510 Cr |
Net profit by year
| Mar 2019 | ₹55.00 Cr |
|---|---|
| Mar 2020 | ₹23.00 Cr |
| Mar 2021 | ₹55.00 Cr |
| Mar 2022 | ₹202 Cr |
| Mar 2023 | ₹58.00 Cr |
| Mar 2024 | ₹28.00 Cr |
| Mar 2025 | −₹68.00 Cr |
| Mar 2026 | −₹39.00 Cr |
Analyst Forecasts
Quarterly Results
₹ Cr| Particulars | Jun 2023 | 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 | 623 | 693 | 693 | 772 | 600 | 630 | 594 | 699 | 531 | 676 | 640 | 663 | 625 |
| Expenses | 560 | 619 | 642 | 698 | 557 | 600 | 565 | 658 | 482 | 620 | 592 | 618 | 575 |
| Operating Profit | 62.54 | 74.41 | 50.63 | 74.85 | 43.01 | 29.71 | 29.41 | 40.89 | 48.75 | 56.41 | 48.17 | 44.24 | 50.12 |
| OPM % | 10.04% | 10.73% | 7.31% | 9.69% | 7.17% | 4.72% | 4.95% | 5.85% | 9.18% | 8.34% | 7.53% | 6.68% | 8.02% |
| Other Income | 5.56 | 5.34 | 10.67 | −5.48 | 12.36 | 9.8 | 8.08 | −16.22 | −40.36 | 4.41 | 3.26 | 15.12 | 4.58 |
| Interest | 21.84 | 23.76 | 23.53 | 24.29 | 23.93 | 23.55 | 22.56 | 19.1 | 17.93 | 17.14 | 16.71 | 18.62 | 17.4 |
| Depreciation | 28.26 | 29.47 | 31.34 | 30.69 | 30.73 | 30.89 | 30.55 | 30.36 | 30.24 | 29 | 28.84 | 29.41 | 29.94 |
| PBT | 18 | 26.52 | 6.43 | 14.39 | 0.71 | −14.93 | −15.62 | −24.79 | −39.78 | 14.68 | 5.88 | 11.33 | 7.34 |
| Tax % | 84.06% | 21.34% | 4.82% | 52.12% | 110.53% | −24.39% | −22.79% | 2.34% | −37.33% | 43.73% | 19.73% | 27.1% | 28.94% |
| Net Profit | 0.67 | 19.7 | 4.53 | 2.73 | −3.91 | −15.55 | −17.73 | −30.82 | −29.07 | 5.04 | 3.6 | −18.82 | 4.37 |
| EPS (₹) | 0.03 | 2.29 | 0.54 | 0.26 | −0.48 | −1.86 | −2.12 | −3.7 | −3.48 | 0.59 | 0.42 | −2.28 | 0.52 |
Profit & Loss
₹ Cr| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,671 | 1,613 | 1,775 | 2,294 | 2,872 | 2,800 | 2,523 | 2,510 | 2,604 |
| Expenses | 1,546 | 1,525 | 1,632 | 2,118 | 2,627 | 2,562 | 2,380 | 2,311 | 2,405 |
| Operating Profit | 124 | 88 | 143 | 176 | 246 | 238 | 143 | 199 | 199 |
| OPM % | 7% | 5% | 8% | 8% | 9% | 8% | 6% | 8% | 8% |
| Other Income | 9 | 24 | 18 | 129 | 36 | 37 | 12 | −19 | 27 |
| Interest | 29 | 33 | 29 | 20 | 77 | 95 | 89 | 70 | 70 |
| Depreciation | 20 | 46 | 39 | 39 | 101 | 123 | 123 | 117 | 117 |
| PBT | 85 | 33 | 92 | 245 | 103 | 57 | −57.72 | −8 | 39 |
| Tax % | 36% | 30% | 41% | 17% | 35% | 35% | −12% | −53% | — |
| Net Profit | 55 | 23 | 55 | 202 | 58 | 28 | −68 | −39 | −6 |
| EPS (₹) | — | 2.76 | 6.56 | 24.12 | 6.83 | 3.08 | −8.16 | −4.74 | −0.75 |
| Div. Payout % | 0% | 5% | 4% | 2% | 6% | 11% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0 | 14 | 14 | 14 | 14 | 14 | 17 | 17 |
| Reserves | 242 | 260 | 315 | 512 | 561 | 583 | 760 | 720 |
| Borrowings | 303 | 328 | 242 | 374 | 958 | 1,046 | 889 | 856 |
| Other Liabilities | 431 | 407 | 466 | 1,245 | 769 | 776 | 862 | 859 |
| Total Liabilities | 976 | 1,010 | 1,039 | 2,146 | 2,303 | 2,420 | 2,528 | 2,452 |
| Fixed Assets | 108 | 190 | 157 | 743 | 912 | 918 | 875 | 999 |
| CWIP | 4 | 5 | 11 | 58 | 36 | 55 | 209 | 94 |
| Investments | 0 | 0 | 26 | 114 | 88 | 104 | 73 | 39 |
| Other Assets | 863 | 815 | 845 | 1,230 | 1,267 | 1,344 | 1,370 | 1,321 |
| Total Assets | 976 | 1,010 | 1,039 | 2,146 | 2,303 | 2,420 | 2,528 | 2,452 |
Cash Flow
₹ Cr| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | 79 | 40 | 234 | 226 | 221 | 241 | 192 | 258 |
| Investing | 65 | −31 | −52 | −124 | −705 | −219 | −215 | −129 |
| Financing | −123 | −28 | −178 | −83 | 467 | −2 | 18 | −120 |
| Net Cash Flow | 22 | −19 | 5 | 19 | −17 | 20 | −4 | 8 |
| Free Cash Flow | 41 | 9 | 207 | 187 | 26 | 59 | −6 | 133 |
| CFO/OP | 64 | 108 | 179 | 163 | 105 | 118 | 137 | 138 |
Ratios
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 78 | 81 | 84 | 49 | 48 | 59 | 73 | 61 |
| Inventory Days | 94 | 105 | 86 | 158 | 283 | 238 | 311 | 341 |
| Days Payable | 57 | 38 | 44 | 59 | 123 | 126 | 210 | 242 |
| Cash Conversion Cycle | 115 | 149 | 126 | 147 | 208 | 171 | 174 | 160 |
| Working Capital Days | 36 | 40 | 43 | −33 | 10 | −4 | 11 | −11 |
| ROCE % | — | 12% | 21% | 22% | 15% | 10% | 4% | 7% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Hindware Home Innovation insights
67 extracted metrics across FY19–FY27.
Documents
- Q1 FY27 concall · Aug 2026PPT
- Q1 FY27 concall · Aug 2026PPT
- Q4 FY26 concall · May 2026Transcript PPT Recording
- Q3 FY26 concall · Feb 2026Transcript PPT
- Q2 FY26 concall · Nov 2025Transcript PPT
- 12 Aug 2025
- 8 Apr 2026
- 8 Apr 2025
- 1 Apr 2024
- 3 Jan 2023
- 22 Mar 2022
- General announcements 7 Oct 2026
- General announcements 5 Oct 2026
Frequently Asked Questions about Hindware Home Innovation
What does Hindware Home Innovation Ltd do?
Where is Hindware Home Innovation Ltd (HINDWAREAP) listed?
Which sector does Hindware Home Innovation Ltd belong to?
What is the 52-week high and low of Hindware Home Innovation Ltd?
Does Hindware Home Innovation Ltd pay dividends?
What is the Return on Equity (ROE) of Hindware Home Innovation Ltd?
Company Information
Hindware Home Innovation Limited is a leader in Building Products and a prominent player in Consumer Appliances and Building Products. Building Products business offers a wide range of products under the Bathware, Premium Tiles and Plastic Pipes and Fittings segments. Under the Consumer Appliances business, it offers products to enhance modern living, including kitchen and home appliances under brand ‘Hindware Smart Appliances’. Hintastica Private Limited (HPL), company's Joint Venture with Groupe Atlantic, manufactures state-of-the-art water heaters.
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