Hindware Home Innovation Ltd

Hindware Home Innovation Ltd share price softened by 2.37% to Rs 210.5 after the company's net profit tanked by 36.68% to Rs 5.23 crore, while revenue from operations slipped slightly by 5.66% to Rs 625.25 crore in Q2FY26 over Q1FY26. The market capitalization of Sanitary Ware industry group stocks on BSE stood at Rs 9210.55 crore, plunging by 15.75%. It has eased by 6.27% over last one week and moved up slightly by 1.13% in last one month while the market capitalization of Hindware Home Innovation Ltd has slipped by 6.01% and 8.07% in the same period respectively. Profit before tax (PBT) of Hindware Home Innovation Ltd stood at Rs 7.36 crore in Q2 FY26, crashing by 118.50% year-on-year, and nosediving by 35.04% quarter-on-quarter. EBITDA came in at Rs 46 crore, rallying 16.70% YoY and surging by 81.78% sequentially. Total expenses slightly declined by 6.61% to Rs 605.07 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 174.03 crore, declining 10.02% YoY, while employee benefits expense was at Rs 111.75 crore, soaring 15.18% YoY. For the TTM ended FY26, revenue from operations eased 0.50% to Rs 2510.28 crore, while net profit witnessed a sharp fall of 92.63% to Rs 3.75 crore, compared to previous TTM. EBITDA jumped by 9645% to Rs 162.62 crore, and PBT tumbled by 86.23% to Rs 7.95 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 257.94 crore in FY26, as against Rs 192.09 crore in FY25. Hindware Home Innovation Ltd crashed 24.43% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.04% during the same period.

Hindware Home Innovation Limited announced a business-wise update for the first quarter of fiscal year 2027, disclosing a 12% EBITDA for the bathware segment and a 3% EBITDA for the pipes segment. The company's consumer appliances segment is targeting Rs 500 crore in revenue within two years and Rs 700-750 crore by fiscal year 2030, with a gross margin of 35-40%. Water-Heater – Hintastica Private Limited became a wholly-owned subsidiary in the first quarter of fiscal year 2027, and is nearing a debt-free status.

Hindware Home Innovation Limited will hold a board meeting on Wednesday, August 12, 2026, to approve the unaudited standalone and consolidated financial results, together with segment-wise revenue and results, and segment-wise assets and liabilities for the first quarter ended June 30, 2026.

The board of Hindware Home Innovation at its meeting held on 03 June 2026 has approved to acquire balance shareholding in Hintastica (joint venture) from Atlantic (joint venture partner). Atlantic, which currently holds 5,48,787 equity shares of Hintastica, has informed the Company that it does not intend to participate in the Rights Issue, and has declined the rights issue offer. Further, having regard to the strategic and commercial implications of dilution of Atlantic's shareholding in Hintastica, Atlantic has informed the Company that it seeks to exit entirely from its investment in Hintastica by way of a sale of all of shares in Hintastica, to the Company and its nominee(s). Accordingly, the Board of the Company has approved the execution of a Share Purchase Agreement (SPA) for the acquisition of 5,48,787 equity shares of Hintastica, for an aggregate consideration of approximately Rs 2,78,83,867/-.

The board of Hindware Home Innovation at its meeting held on 03 June 2026 has approved to make an investment of not more than Rs 15 crore by way of subscribing to the equity shares of Hintastica (a joint venture between the Company and Atlantic Soci't' Fran'aise de D'veloppement Thermique, France (Atlantic) pursuant to rights issue offer made on 01 June 2026 by Hintastica.

Hindware Home Innovation announced that the 9th Annual General Meeting(AGM) of the company will be held on 18 August 2026.

Net Loss of Hindware Home Innovation reported to Rs 19.03 crore in the quarter ended March 2026 as against net loss of Rs 30.95 crore during the previous quarter ended March 2025. Sales declined 5.19% to Rs 662.73 crore in the quarter ended March 2026 as against Rs 699.02 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 39.68 crore in the year ended March 2026 as against net loss of Rs 68.29 crore during the previous year ended March 2025. Sales declined 0.50% to Rs 2510.28 crore in the year ended March 2026 as against Rs 2522.99 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales662.73699.02 -5 2510.282522.99 -1 OPM %6.685.85 -7.875.67 - PBDT44.3432.08 38 162.1294.41 72 PBT14.931.72 768 44.63-28.12 LP NP-19.03-30.95 39 -39.68-68.29 42 Powered by Capital Market - Live

Hindware Home Innovation will hold a meeting of the Board of Directors of the Company on 19 May 2026.

Hindware Home Innovation announced that Girdhari Lal Sultania (DIN: 00060931) has tendered his resignation from his position as the Non-Executive Non-Independent Director of the Company, with effect from 5 March 2026 owing to his personal reasons and certain other pre-occupations. Powered by Capital Market - Live

Net profit of Hindware Home Innovation reported to Rs 3.55 crore in the quarter ended December 2025 as against net loss of Rs 17.76 crore during the previous quarter ended December 2024. Sales rose 7.72% to Rs 640.08 crore in the quarter ended December 2025 as against Rs 594.23 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales640.08594.23 8 OPM %7.534.95 - PBDT34.8614.93 133 PBT6.02-15.62 LP NP3.55-17.76 LP Powered by Capital Market - Live