Hindware Home Innovation (HINDWAREAP)₹173.55+0.77%Sanitary Ware
In the Jun 2026 quarter (consolidated), Hindware Home Innovation reported sales of ₹624 Cr, up 17.7% from Jun 2025, and net profit of ₹4.35 Cr. For the year to Mar 2026, sales were ₹2,506 Cr and net profit −₹38.88 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| 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 | 771 | 599 | 629 | 593 | 698 | 530 | 676 | 640 | 662 | 624 |
| Expenses | 618 | 641 | 696 | 556 | 600 | 564 | 657 | 482 | 619 | 591 | 617 | 575 |
| Operating Profit | 74.20 | 50.53 | 74.72 | 42.92 | 29.63 | 29.33 | 40.79 | 48.66 | 56.24 | 48.08 | 44.16 | 50.02 |
| OPM % | 10.8% | 7.4% | 9.8% | 7.2% | 4.7% | 5.0% | 5.9% | 9.3% | 8.4% | 7.6% | 6.7% | 8.1% |
| Other Income | 5.35 | 10.68 | −5.49 | 11.83 | 8.79 | 7.30 | −16.21 | −40.34 | 4.42 | 3.27 | 15.11 | 4.57 |
| Interest | 23.66 | 23.44 | 24.22 | 23.85 | 23.46 | 22.47 | 19.03 | 17.85 | 17.07 | 16.64 | 18.56 | 17.34 |
| Depreciation | 29.39 | 31.27 | 30.61 | 30.67 | 30.83 | 30.47 | 30.29 | 30.17 | 28.91 | 28.77 | 29.36 | 29.86 |
| Profit before tax | 26.47 | 6.42 | 14.37 | 0.18 | −15.93 | −16.40 | −24.76 | −39.71 | 14.66 | 5.87 | 11.32 | 7.35 |
| Tax % | 21.3% | 4.8% | 52.1% | 110.5% | −24.5% | −22.9% | 2.3% | −37.4% | 43.7% | 19.7% | 27.1% | 28.9% |
| Exceptional items | −3.01 | 0.00 | −14.05 | −1.01 | −1.01 | −1.01 | −24.07 | −47.17 | 0.00 | 0.00 | −3.01 | 1.01 |
| Net Profit | 19.62 | 4.51 | 2.72 | −3.89 | −15.49 | −17.65 | −30.68 | −28.94 | 5.02 | 3.59 | −18.76 | 4.35 |
| EPS (Rs) | 2.28 | 0.53 | 0.25 | −0.47 | −1.85 | −2.11 | −3.69 | −3.47 | 0.58 | 0.41 | −2.27 | 0.51 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,670 | 1,611 | 1,774 | 2,291 | 2,869 | 2,797 | 2,520 | 2,506 | 2,601 |
| Expenses | 1,544 | 1,522 | 1,630 | 2,115 | 2,625 | 2,557 | 2,377 | 2,306 | 2,401 |
| Operating Profit | 124 | 87.80 | 143 | 176 | 245 | 238 | 143 | 199 | 199 |
| OPM % | 7.1% | 5.0% | 8.1% | 8.1% | 9.1% | 8.1% | 6.1% | 8.1% | 7.6% |
| Other Income | 8.99 | 24.01 | 17.99 | 129 | 36.02 | 37.02 | 11.99 | −18.99 | 27.37 |
| Interest | 28.88 | 32.88 | 28.90 | 19.93 | 76.68 | 94.72 | 88.67 | 69.76 | 69.61 |
| Depreciation | 19.95 | 45.91 | 38.90 | 38.92 | 101 | 123 | 123 | 117 | 117 |
| Profit before tax | 84.88 | 32.94 | 91.88 | 245 | 103 | 56.94 | −56.94 | −7.99 | 39.20 |
| Tax % | 36.0% | 29.9% | 41.0% | 16.9% | 34.9% | 35.0% | −12.0% | −53.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 83.25 | 0.00 | 0.00 | −24.07 | −41.14 | −2.00 |
| Net Profit | 54.75 | 22.92 | 54.76 | 201 | 57.75 | 27.90 | −67.70 | −38.88 | −5.80 |
| EPS (Rs) | — | 2.75 | 6.55 | 24.08 | 6.82 | 3.07 | −8.15 | −4.73 | −0.77 |
| Dividend payout % | 0.0% | 5.0% | 4.0% | 2.0% | 6.0% | 11.0% | 0.0% | 0.0% | — |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 14.01 | 13.99 | 14.01 | 14.01 | 14.01 | 17.01 | 17.01 |
| Reserves | 241 | 259 | 314 | 510 | 559 | 581 | 757 | 718 |
| Borrowings | 303 | 328 | 242 | 374 | 959 | 1,047 | 890 | 856 |
| Other Liabilities | 431 | 408 | 467 | 1,249 | 772 | 779 | 864 | 862 |
| Total Liabilities | 975 | 1,010 | 1,039 | 2,148 | 2,305 | 2,421 | 2,528 | 2,453 |
| Fixed Assets | 108 | 190 | 157 | 745 | 914 | 920 | 877 | 1,000 |
| CWIP | 3.99 | 4.99 | 10.98 | 57.90 | 35.94 | 54.94 | 209 | 93.93 |
| Investments | 0.00 | 0.00 | 26.07 | 114 | 88.26 | 104 | 73.17 | 39.09 |
| Other Assets | 862 | 815 | 845 | 1,230 | 1,267 | 1,343 | 1,369 | 1,320 |
| Inventories | 279 | 309 | 280 | 673 | 682 | 588 | 600 | 613 |
| Trade receivables | 355 | 359 | 408 | 306 | 377 | 452 | 508 | 420 |
| Cash & equivalents | 22.08 | 3.01 | 8.02 | 27.08 | 9.03 | 29.10 | 25.06 | 33.08 |
| Total Assets | 975 | 1,010 | 1,039 | 2,148 | 2,305 | 2,421 | 2,528 | 2,453 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 78.67 | 39.88 | 233 | 225 | 220 | 240 | 191 | 257 |
| Cash from investing activity | 64.88 | −30.91 | −51.88 | −124 | −703 | −219 | −215 | −129 |
| Cash from financing activity | −123 | −27.95 | −178 | −82.81 | 466 | −1.99 | 17.96 | −120 |
| Net cash flow | 22.07 | −19.05 | 5.01 | 19.06 | −17.05 | 20.05 | −4.01 | 8.03 |
| Capex | 40.05 | 32.07 | 28.04 | 40.07 | 196 | 183 | 202 | 128 |
| Free cash flow | 41.11 | 9.03 | 208 | 187 | 26.08 | 59.21 | −6.02 | 133 |
| CFO / OP % | 64.1% | 108.1% | 179.1% | 163.1% | 105.1% | 118.1% | 137.1% | 138.1% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 77 | 80 | 83 | 48 | 47 | 58 | 72 | 60 |
| Inventory days | 94 | 105 | 86 | 158 | 283 | 238 | 311 | 341 |
| Days payable | 56 | 37 | 43 | 58 | 122 | 125 | 209 | 241 |
| Cash conversion cycle | 115 | 149 | 126 | 147 | 208 | 171 | 174 | 160 |
| Working capital days | 37 | 41 | 44 | −32 | 11 | −3 | 12 | −10 |
| ROCE % | — | 12.1% | 21.1% | 22.0% | 15.1% | 10.1% | 4.0% | 7.0% |
For the Jun 2026 quarter, Hindware Home Innovation reported sales of ₹624 Cr, up 17.7% year on year and net profit of ₹4.35 Cr. The operating margin was 8.1%.
Hindware Home Innovation's sales for the year to Mar 2026 were ₹2,506 Cr; over the last twelve months they were ₹2,601 Cr.
Net profit for the year to Mar 2026 was −₹38.88 Cr, and −₹5.80 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.77.
Hindware Home Innovation reported borrowings of ₹856 Cr at Mar 2026, against cash and equivalents of ₹33.08 Cr.
Cash from operations was ₹257 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹133 Cr.