Hindware Home Innovation Limited (HINDWAREAP) AI Stock Analysis

• Market Cap: ₹27.08B
• Dividend Yield: 0.12%
• Average Volume (3M): 17.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.34
• Revenue Growth: -11.30%
• EPS Growth: -506.10%
• Country: IN
• Employees: 398
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -3.48
• Shares Outstanding: 83,646,355
• 10 Day Avg. Volume: 19,989
• 30 Day Avg. Volume: 17,265
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹323.00
• Price Target Upside: -0.22% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: ₹323.00 ▼(-0.22% Downside)

Hindware Home Innovation Limited's overall stock score is primarily impacted by its financial performance challenges, including high leverage and declining revenue growth. While technical analysis shows bullish momentum, valuation concerns due to a negative P/E ratio and low dividend yield weigh heavily on the stock's attractiveness.

Hindware Home Innovation Limited Business Overview & Revenue Model

Company Description

Hindware Home Innovation Limited (HINDWAREAP) is a prominent player in the consumer products sector, primarily focusing on the sanitaryware and faucets industry in India. The company is known for its innovative bathroom products, including sanitaryware, faucets, wellness products, and kitchen appliances. With a strong brand presence and a commitment to quality, Hindware has established itself as a leader in home improvement and lifestyle solutions, catering to both residential and commercial markets.

How the Company Makes Money

Hindware Home Innovation Limited makes money through the manufacturing and sale of a diverse range of home improvement products, primarily focusing on sanitaryware and faucets. The company's key revenue streams include sales of its branded products through a widespread distribution network that includes dealers, retailers, and online platforms. Additionally, Hindware leverages strategic partnerships and collaborations to enhance its product offerings and market reach. Revenue is further supported by the company's investment in research and development, which enables it to introduce innovative products that meet evolving consumer needs. The company's strong brand equity and extensive distribution network are significant factors contributing to its earnings.

Hindware Home Innovation Limited Financial Statement Overview

Summary

Hindware Home Innovation Limited faces challenges with profitability and cash flow management. The company's high leverage and declining revenue growth are areas of concern. While the gross profit margin remains strong, operational and liquidity improvements are necessary for sustainable growth.

Income Statement

Hindware Home Innovation Limited has shown fluctuating revenue growth with a decline in recent years. The company reported a negative net profit margin in the latest period, indicating profitability challenges. The gross profit margin remains healthy, although EBIT and EBITDA margins have weakened, signifying a drop in operational efficiency.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio, suggesting significant leverage, which may pose financial risks. Stockholders' equity has increased, but total debt remains substantial. The equity ratio indicates moderate financial stability, but high liabilities could impact future growth.

Cash Flow

Cash flow analysis shows declining free cash flow with negative growth, indicating potential liquidity issues. The operating cash flow to net income ratio and free cash flow to net income ratio are not optimal, highlighting concerns about cash management and operational efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2022	Dec 2021	Dec 2021
Income Statement
Total Revenue	25.33B	25.23B	27.41B	28.73B	17.47B	22.53B
Gross Profit	9.44B	4.79B	5.65B	12.36B	5.48B	6.81B
EBITDA	1.84B	1.54B	2.75B	2.81B	1.61B	3.05B
Net Income	-682.90M	-682.90M	257.81M	570.90M	548.43M	2.02B
Balance Sheet
Total Assets	25.28B	25.28B	24.20B	23.03B	10.39B	21.46B
Cash, Cash Equivalents and Short-Term Investments	252.60M	252.60M	292.21M	236.30M	332.45M	535.68M
Total Debt	8.89B	8.89B	10.46B	9.58B	2.42B	3.74B
Total Liabilities	17.42B	17.42B	18.14B	17.20B	7.09B	16.19B
Stockholders Equity	7.77B	7.77B	5.98B	5.76B	3.30B	5.26B
Cash Flow
Free Cash Flow	0.00	-101.40M	573.53M	251.90M	2.06B	1.86B
Operating Cash Flow	0.00	1.92B	2.41B	2.21B	2.34B	2.26B
Investing Cash Flow	0.00	-2.15B	-2.19B	-7.05B	-516.20M	-1.24B
Financing Cash Flow	0.00	183.00M	-19.74M	4.67B	-1.78B	-831.69M

Hindware Home Innovation Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 323.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HINDWAREAP, the sentiment is Positive. The current price of 323.7 is above the 20-day moving average (MA) of 302.12, above the 50-day MA of 285.54, and above the 200-day MA of 251.25, indicating a bullish trend. The MACD of 12.02 indicates Negative momentum. The RSI at 66.94 is Neutral, neither overbought nor oversold. The STOCH value of 76.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HINDWAREAP.

Hindware Home Innovation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TTKPRESTIG	74 Outperform	₹92.67B	95.89		0.89%	2.16%	-55.67%
CARYSIL	69 Neutral	₹25.70B	36.30		0.22%	13.19%	7.38%
IFBIND	68 Neutral	₹61.63B	57.31		―	11.68%	21.48%
STOVEKRAFT	64 Neutral	₹22.18B	54.39		0.38%	6.84%	19.27%
BUTTERFLY	62 Neutral	₹13.08B	34.90		―	-2.67%	―
HINDWAREAP	58 Neutral	₹27.08B	―		0.12%	-11.30%	-506.10%
Sector *	57 Neutral	$3.18B	7.69	-34.32%	3.09%	-25.56%	-353.61%