Results - Announcements
Hindware Home Innovation Ltd share price ticked higher by 1.21% to Rs 172.15 after the company's net profit surged by 29.06% to Rs 6.75 crore, while revenue from operations gained significantly 23.28% to Rs 770.82 crore in Q2FY27 over Q2FY26.
The market capitalization of Sanitary Ware industry group stocks on BSE stood at Rs 9245.86 crore, declining 1.06%. It has inched up 4% over last one week and dropped by 14.64% in last one month while the market capitalization of Hindware Home Innovation Ltd has improved by 2.05% and 12.21% in the same period respectively.
Profit before tax (PBT) of Hindware Home Innovation Ltd stood at Rs 9.02 crore in Q2 FY27, tanking 38.56% year-on-year, and jumping 22.55% quarter-on-quarter. EBITDA came in at Rs 54 crore, easing 2.59% YoY and expanding by 16.28% sequentially.
Total expenses witnessed a sharp rise of 23.26% to Rs 745.79 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 239.29 crore, soaring by 37.50% YoY, while employee benefits expense was at Rs 115.0 crore, ticking higher by 2.91% YoY.
For FY26, revenue from operations softened by 0.50% to Rs 2510.28 crore, while net profit plunged by 92.63% to Rs 3.75 crore, compared to previous FY. EBITDA soared by 9645% to Rs 162.62 crore, and PBT tumbled by 86.23% to Rs 7.95 crore compared to previous FY.
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 49.96% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.42% during the same period.