Hindware Home Innovation Limited

Hindware Home Innovation Limited (HINDWAREAP) is a micro-cap Consumer Durables company valued at ₹1,485 crore operating in Sanitary Ware on the NSE and BSE.

Recent price move

Hindware Home Innovation Limited last traded at ₹177.86, modestly down 0.02% on the day.

Recent developments

On 2026-06-30, the company reported a net profit of ₹4 crore for the latest quarter, marking a significant turnaround from a net loss of ₹29 crore in the same quarter a year earlier. Promoter holding remained at 52.74%, while foreign institutional holding increased by 1.79 percentage points and domestic institutional holding decreased by 2.11 percentage points.

Financial performance

The company's business has shown improvement with a narrowing net loss from ₹68 crore to ₹39 crore annually, and the latest quarter marked a swing from a net loss of ₹29 crore to a profit of ₹4 crore. Revenue fell slightly year-over-year by -0.5%, but the latest quarter saw a rise of 17.7% compared to the same quarter a year earlier.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 2.06 times book value.

Things to watch

The company continues to report a net loss of ₹39 crore annually, despite a narrowing loss. The return on equity remains negative at -5.4%, and the net profit margin is still negative at -1.6%. The stock is 56.6% below its 52-week high, indicating a significant drop from recent peak levels.

Where it stands

The company has turned a corner in the latest quarter, reporting a profit of ₹4 crore, but remains in the red for the full fiscal year. The most significant movement is the stock's distance below its 52-week high, highlighting a substantial decline from recent levels.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.