Price
Financials
Consolidated, Rs crore| 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 | 693.21 | 692.93 | 772.43 | 599.91 | 629.83 | 594.23 | 699.02 | 531.16 | 676.31 | 640.08 | 662.73 | 625.25 |
| Expenses | 618.80 | 642.30 | 697.58 | 556.90 | 600.12 | 564.82 | 658.13 | 482.41 | 619.90 | 591.91 | 618.49 | 575.13 |
| Operating Profit | 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 % | 10.73% | 7.31% | 9.69% | 7.17% | 4.72% | 4.95% | 5.85% | 9.18% | 8.34% | 7.53% | 6.68% | 8.02% |
| Other Income | 5.34 | 10.67 | -5.48 | 11.84 | 8.78 | 7.29 | -16.22 | -40.36 | 4.41 | 3.26 | 15.12 | 4.58 |
| Interest | 23.76 | 23.53 | 24.29 | 23.93 | 23.55 | 22.56 | 19.10 | 17.93 | 17.14 | 16.71 | 18.62 | 17.40 |
| Depreciation | 29.47 | 31.34 | 30.69 | 30.73 | 30.89 | 30.55 | 30.36 | 30.24 | 29.00 | 28.84 | 29.41 | 29.94 |
| Profit before tax | 26.52 | 6.43 | 14.39 | 0.19 | -15.95 | -16.41 | -24.79 | -39.78 | 14.68 | 5.88 | 11.33 | 7.36 |
| Tax % | 21.34% | 4.82% | 52.12% | 110.53% | -24.39% | -22.79% | 2.34% | -37.33% | 43.73% | 19.73% | 27.10% | 28.94% |
| Net Profit | 19.70 | 4.53 | 2.73 | -3.91 | -15.55 | -17.73 | -30.82 | -29.07 | 5.04 | 3.60 | -18.82 | 4.37 |
| EPS in Rs | 2.29 | 0.54 | 0.26 | -0.48 | -1.86 | -2.12 | -3.70 | -3.48 | 0.59 | 0.42 | -2.28 | 0.52 |
| 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 |
| Profit before tax | 85 | 33 | 92 | 245 | 103 | 57 | -57 | -8 | 39 |
| Tax % | 36% | 30% | 41% | 17% | 35% | 35% | -12% | -53% | |
| Net Profit | 55 | 23 | 55 | 202 | 58 | 28 | -68 | -39 | -6 |
| EPS in Rs | 2.76 | 6.56 | 24.12 | 6.83 | 3.08 | -8.16 | -4.74 | -0.75 | |
| Dividend Payout % | 0% | 5% | 4% | 2% | 6% | 11% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 7% | -4% | 6% | ||
| Compounded Profit Growth | % | -55% | -74% | 79% | ||
| Stock Price CAGR | % | -16% | -31% | -49% | ||
| Return on Equity | % | 5% | -1% | 0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 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 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 79 | 40 | 234 | 226 | 221 | 241 | 192 | 258 |
| Cash from Investing Activity | 65 | -31 | -52 | -124 | -705 | -219 | -215 | -129 |
| Cash from Financing Activity | -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% |
| 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% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 51.32% | 51.32% | 51.32% | 51.32% | 51.32% | 52.54% | 52.74% | 52.74% | 52.74% | 52.74% | 52.74% | 52.74% |
| FIIs | 7.15% | 7.59% | 7.49% | 6.05% | 5.65% | 3.50% | 3.64% | 3.59% | 3.16% | 3.10% | 3.36% | 5.14% |
| DIIs | 9.16% | 9.82% | 7.34% | 7.09% | 6.91% | 7.58% | 7.09% | 6.75% | 6.35% | 5.75% | 5.83% | 3.72% |
| Public | 32.36% | 31.27% | 33.85% | 35.54% | 36.12% | 36.37% | 36.52% | 36.92% | 37.74% | 38.40% | 38.06% | 38.39% |
| No. of Shareholders | 42,245 | 36,002 | 37,237 | 38,574 | 42,914 | 45,609 | 46,207 | 43,764 | 41,147 | 38,594 | 38,057 | 38,910 |
Fundamentals
Market Cap₹ 1,425 Cr.
Current Price₹ 170
Book Value₹ 88.1
ROCE7.07 %
ROE0.14 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)79%
Consolidated figures.
Valuation
Market capRs 1,233 Cr
Enterprise valueRs 2,250 Cr
Price to book2.06x
Price to sales0.47x
EV / EBITDA9.94x
EV / EBIT20.62x
EV / sales0.86x
Price to cash flow5.12x
Earnings yield-0.51%
Dividend yield0.23%
P/E, 3-year average52.06x
P/B, 3-year average4.45x
P/E, 5-year average42.12x
P/B, 5-year average4.15x
Profitability
Operating margin (excl. other income)8.49%
Operating margin (incl. other income)9.82%
EBITDA margin8.69%
Pre-tax margin1.51%
Net profit margin-0.24%
Net margin, latest quarter0.69%
ROE4.39%
ROCE9.56%
ROA1.09%
ROE, 3-year average20.62%
ROCE, 3-year average20.14%
ROA, 3-year average5.44%
ROE, 5-year average17.79%
ROCE, 5-year average18.56%
ROA, 5-year average4.80%
ROIC (approx.)4.38%
Tax rate35.23%
Other income / net worth6.21%
Growth
Sales growth (latest year)-2.52%
Profit growth (latest year)-54.84%
Sales CAGR, 3 years16.40%
Sales CAGR, 5 years10.88%
Profit CAGR, 3 years-22.25%
Profit CAGR, 5 years-13.97%
Sales growth QoQ-5.66%
Sales growth YoY (latest quarter)17.71%
Per share
EPS (TTM)Rs -0.86
EPS (latest year)Rs 3.57
EPS (latest quarter)Rs 0.60
EPS, 3-year averageRs 13.12
EPS, 5-year averageRs 10.03
Book value per shareRs 82.69
Sales per shareRs 360.24
Cash flow per shareRs 33.30
Free cash flow per shareRs 18.40
Dividend per share (latest year)Rs 0.40
Dividend per share, 3-year averageRs 0.47
Dividend per share, 5-year averageRs 0.37
Dividends
Dividend payout11.21%
Dividend payout, 3-year average6.45%
Dividend payout, 5-year average5.60%
Efficiency
Asset turnover1.16x
Fixed asset turnover3.05x
Inventory turnover2.88x
Inventory days127 days
Debtor days59 days
Debtors turnover6.18x
Creditor days242 days
Cash conversion cycle160 days
Working capital days-11 days
Leverage
Total debtRs 1,046 Cr
Cash and bankRs 29 Cr
Net debtRs 1,017 Cr
Debt to equity1.75x
Net debt / EBITDA4.49x
Interest coverage1.56x
Current ratio (filing 2026-03-31)0.98x
Quick ratio (filing 2026-03-31)0.48x
Trade payables (filing 2026-03-31)Rs 327 Cr
Owners' fund to total sources24.70%
Debt to assets43.23%
Cash flow
Cash from Operating Activity (latest year)Rs 241 Cr
Cash from Investing Activity (latest year)Rs -219 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 20 Cr
Free cash flow (latest year)Rs 133 Cr
FCFE (approx.: FCF + change in debt)Rs 222 Cr
Cash from ops / profit, 5 years6.29x
Sales to cash flow11.63x
Statement figures
Net sales (TTM)Rs 2,604 Cr
Net sales (latest year)Rs 2,800 Cr
Sales (latest quarter)Rs 625 Cr
Operating profit excl. other income (latest year)Rs 238 Cr
Operating profit (latest quarter)Rs 50 Cr
Other income (TTM)Rs 27 Cr
EBITDA (TTM)Rs 226 Cr
PBDT (TTM)Rs 156 Cr
Profit before tax (TTM)Rs 39 Cr
Tax (latest year)Rs 20 Cr
Net profit (TTM)Rs -6 Cr
Net profit (latest year)Rs 26 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 117 Cr
Depreciation (latest quarter)Rs 30 Cr
Interest (TTM)Rs 70 Cr
Cost of goods sold (latest year)Rs 1,697 Cr
Total expenditure (latest year)Rs 2,562 Cr
Total income (latest year)Rs 2,837 Cr
Share capitalRs 14 Cr
ReservesRs 583 Cr
Shareholders' fundsRs 598 Cr
Total assetsRs 2,420 Cr
Net blockRs 918 Cr
Capital work in progressRs 55 Cr
InvestmentsRs 104 Cr
ReceivablesRs 453 Cr
InventoryRs 589 Cr
Other liabilitiesRs 776 Cr
Shares outstanding (crore)7.23
Ownership
Promoter holding52.74% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 2.06 is the lowest in 5.4 years (median 8.25).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | HINDWAREAP | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.1% | -2.8% | +2.9 pts |
| 1 month | -6.4% | -6.8% | +0.4 pts |
| 3 months | -32.0% | -7.6% | -24.4 pts |
| 6 months | -2.5% | +0.4% | -2.9 pts |
| 1 year | -47.7% | -9.9% | -37.8 pts |
| 2 years | -49.3% | -13.6% | -35.8 pts |
| 3 years | -69.1% | +14.2% | -83.2 pts |
| 5 years | -60.1% | +27.9% | -88.0 pts |
1 mutual fund schemes hold about ₹0 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Motilal Oswal BSE 1000 Index Fund | 0.00% | 0 |
Red flags
F-score 4 of 8| look | Profit leans on other income Other income was 65% of pre-tax profit in 2026 |
| look | Regulator order or action Regulator order or action 2026-03-17: Hindware Home Innovation Limited has informed the Exchange about Action(s) taken or orders passed |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹625 Cr +17.7% vs Jun 2025.
Net profit ₹4 Cr +115.0%.
Against our estimate for Jun 2026: sales +16.2%, profit +171.4% in line. Our estimate for Sep 2026: sales Rs 719 Cr, profit Rs 5 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Cera Sanitaryware Ltd | 6,609 | 32.0 | 19.2 % |
| Ganga Bath Fittings Ltd | 47 | 36.7 | 6.05 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-10-25 | Rights 119:758 @ Premium Rs 218/- | |
| 2024-08-22 | Annual General Meeting/Dividend - Re 0.40 Per Share | |
| 2023-09-20 | Annual General Meeting/Dividend - Re 0.50 Per Share | |
| 2022-08-19 | Annual General Meeting | |
| 2022-02-21 | Interim Dividend - Rs 0.50 Per Share | |
| 2021-09-16 | Annual General Meeting/Dividend - Rs 0.30 Per Share | |
| 2020-08-24 | Annual General Meeting/Dividend - Rs 0.15 Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)
Quick answers
What is the market cap of Hindware Home Innovation Ltd?
Hindware Home Innovation Ltd (HINDWAREAP) has a market capitalisation of Rs 1,425 Cr. at the 2026-10-01 close.
What were Hindware Home Innovation Ltd's latest quarterly results?
In the Jun 2026 quarter, Hindware Home Innovation Ltd sales was Rs 625 Cr (+17.7% vs Jun 2025) and net profit was Rs 4 Cr.
What is the 52-week high and low of Hindware Home Innovation Ltd?
The 52-week high is Rs 392.70 and the 52-week low is Rs 165.00.