HINDWAREAP
Hindware Home Innovation Limited
NSE BSELast Traded Price
₹172.4
0.18 (0.1%)
Open
₹173.13
High
₹175.5
Low
₹172.07
Prev Close
₹172.22
Industry
Sanitary Ware
Market Cap
1451.68 Cr
Filing History
Recent corporate announcements and filings for HINDWAREAP
Business Update
Neutral
2026-11-06 18:24
- Hindware Home Innovation Limited received a certified true copy of the NCLT Kolkata Bench order dated October 14, 2026, sanctioning the Composite Scheme of Arrangement.
- The scheme involves the company, HHIL Limited, and Hindware Limited under Sections 230 to 232 of the Companies Act, 2013.
- The scheme will become effective upon filing the order copy with the Registrar of Companies.
Governance
Neutral
2026-11-04 17:25
CRITICAL RED FLAG DETECTED
- Resignation of Mr. Naveen Malik as CEO & CFO and Ms. Payal M Puri as Company Secretary & Compliance Officer w.e.f. November 3, 2026.
- Resignations are due to internal organizational restructuring and inter-group transfer of employment to subsidiary Hindware Limited.
- Both officials will continue to manage their respective roles in Hindware Limited.
Governance
Neutral
2026-11-04 17:25
- Mr. Naveen Malik resigned as CEO & CFO of Hindware Home Innovation Limited w.e.f. November 3, 2026.
- Ms. Payal M Puri resigned as Company Secretary & Compliance Officer w.e.f. November 3, 2026.
- Resignations are due to internal reorganization and inter-group transfer of employment to subsidiary Hindware Limited.
Governance
Neutral
2026-11-04 17:25
- Resignation of Mr. Naveen Malik as CEO & CFO and Ms. Payal M. Puri as Company Secretary & Compliance Officer of Hindware Home Innovation Limited w.e.f. November 3, 2026.
- The resignations are part of an internal organizational restructuring and inter-group transfer of employment to the subsidiary, Hindware Limited.
- Both officers will continue to manage their respective roles within the subsidiary, Hindware Limited.
Governance
Positive
2026-10-16 17:01
- Hindware Home Innovation Limited informed the exchanges that the NCLT Kolkata Bench sanctioned the Composite Scheme of Arrangement on October 14, 2026.
- The scheme involves demerger of the consumer products business into HHIL Limited and amalgamation of the remaining business into Hindware Limited.
- The appointed date for the scheme is April 1, 2025.
Routine
Neutral
2026-10-07 17:36
- The company submitted the Structured Digital Database (SDD) compliance certificate for the quarter ended 30th September, 2026.
- Certificate confirms compliance with Regulations 3(5) and 3(6) of SEBI (PIT) Regulations, 2015.
- The database maintains internal audit trails, is non-tamperable, and captures required UPSI events.
Routine
Negative
2026-10-05 17:59
CRITICAL RED FLAG DETECTED
- Hindware Limited, subsidiary of Hindware Home Innovation Limited, received a Demand Order under Kerala Value Added Tax Act, 2003.
- The order is from the Deputy Commissioner (Arrear Recovery), State GST Department, Ernakulam, Kerala for FY 2012-13.
- VAT demand amount is ₹1,26,50,769 plus applicable interest and recovery/collection charges.
- Demand generated due to non-submission of required forms.
Routine
Neutral
2026-09-25 15:51
- Trading window closed from Thursday, October 1, 2026.
- Closure remains until 48 hours after declaration of unaudited financial results for the quarter and half year ending September 30, 2026.
- Applies to designated persons and their immediate relatives.
Business Update
Negative
2026-09-08 14:29
- Crisil ESG Ratings and Analytics Limited independently assigned a "Below average" rating of "Crisil ESG 48" to Hindware Home Innovation Limited on September 7, 2026.
- The company clarified it did not engage CRISIL for this rating; it was based on public domain data.
Financials
Positive
2026-08-12 18:53
- Q1 FY27 Bathware + Pipes Segment Revenue ₹540Cr vs Q1 FY26 ₹460Cr (▲17.4% YoY)
- EBITDA ₹51Cr vs Q1 FY26 ₹50Cr (▲2% YoY)
- PBT ₹6Cr vs Q1 FY26 ₹5Cr (▲20% YoY)
- EBITDA Margin 10% vs 11% (▼100bps)
Business Update
Positive
2026-08-12 18:53
- Hindware Home Innovation Limited provided a business-wise update for Q1 FY27 across its segments.
- **Bathware Segment:** Targeting mid-teen revenue growth for FY27. Net bank debt reduced from ₹271 Cr (Q1FY26) to ₹224 Cr (Q1FY27). Q1 FY27 EBITDA stood at ~12%.
- **Pipes & Fittings Segment:** Q1 FY27 sales volume grew ~28% YoY. Roorkee plant ramp-up is in progress, facing competitive pricing pressure. Q1 FY27 EBITDA was ~3%.
- **Consumer Appliances Segment:** Projecting 15-20% CAGR over the next 2-3 years, targeting ₹700-750 Cr revenue by FY30. Expecting a positive EBITDA swing in FY27; net bank debt reduced from ₹25 Cr (Q1FY26) to ₹18 Cr (Q1FY27).
Financials
Positive
2026-08-12 17:26
- Q1 FY27 Consolidated Revenue ₹625.25Cr vs ₹531.16Cr (▲18% YoY)
- EBITDA ₹53.85Cr vs ₹57.75Cr (▼7% YoY)
- PAT ₹5.21Cr vs ₹(25.06)Cr (Turned profitable from loss YoY)
- EBITDA Margin 8.6% vs 10.9% (▼230bps)
Financials
Positive
2026-07-25 18:51
- Consolidated Revenue for FY 2025-26: ₹2,510 crore
- Consolidated EBITDA for FY 2025-26: ₹233 crore (▲25% YoY)
- Consolidated EBITDA Margin for FY 2025-26: 9.3%
- Bathware Revenue: ₹1,520 crore (▲10% YoY)
- Bathware Operating EBITDA: ₹157 crore (▲30% YoY)
- Bathware EBITDA Margin: 10.3% (▲150bps)
- Consumer Products Operating EBITDA: (₹12 crore) due to portfolio rationalisation.
- The 9th Annual General Meeting (AGM) will be held on Tuesday, 18th August 2026, at 12:00 Noon (IST) via Video Conferencing/Other Audio-Visual Means.
Business Update
Negative
2026-07-25 18:44
CRITICAL RED FLAG DETECTED
- Hindware Home Innovation Limited filed its Business Responsibility and Sustainability Report for FY 2025-26, detailing ESG initiatives and compliance with SEBI Regulations. The report covers disclosures on general, management, and principle-wise performance.
- Mr. Girdhari Lal Sultania resigned as a Non-Executive Non-Independent Director on March 5, 2026.
Financials
Positive
2026-07-25 18:35
- Consolidated Revenue FY 2025-26: ₹2,510 crore
- Consolidated EBITDA FY 2025-26: ₹233 crore vs ₹186.4 crore (▲25% YoY)
- EBITDA Margin FY 2025-26: 9.3%
Routine
Neutral
2026-07-10 17:32
New Filing detected. See link for details.
Business Update
Neutral
2026-07-08 15:16
- Concall Schedule
- Concall Date: 9th July 2026
- Concall Time: 11:00 A.M.
Business Update
Positive
2026-06-30 17:15
- Hindware Home Innovation Limited completed the acquisition of the entire shareholding in Hintastica Private Limited (HPL) for ₹2,78,83,867.47/-.
- HPL has ceased to be a joint venture and is now a wholly-owned subsidiary.
- The Company plans to continue and expand the water heater business through HPL under the 'hindware' brand.
Governance
Positive
2026-06-29 17:04
- Hindware Limited (material subsidiary) appointed Mr. Shashvat Somany as Joint Managing Director and Whole Time Key Managerial Personnel. The appointment is effective from 1st October, 2026, for a period of 5 years. He is the son of Mr. Sandip Somany, Chairman and Managing Director.
Routine
Neutral
2026-06-25 14:46
- Intimation regarding the closure of the 'Trading Window' for dealing/trading in Hindware Home Innovation Limited shares.
- The trading window will be closed from July 1, 2026.
- It will remain closed until 48 hours after the declaration of unaudited financial results for the quarter ending June 30, 2026.
- This is pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.
Governance
Negative
2026-06-19 18:30
CRITICAL RED FLAG DETECTED
- Resignation of Mr. Nikhil Maheshwari from the position of Vice President- Sourcing & NPD, effective June 30, 2026.
- The resignation was accepted by the company on June 19, 2026.