Hindware Home Innovation Limited (IN:HINDWAREAP)
:HINDWAREAP
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Hindware Home Innovation Limited
(HINDWAREAP)
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Rating:48Neutral
Price Target:
₹206.00
▼(-21.36% Downside)
Action:ReiteratedDate:01/14/26
Overall score is held back primarily by weak technical momentum (price below key moving averages with very low RSI/Stoch and negative MACD) and pressured fundamentals (negative profitability and deteriorating free cash flow with high leverage). Valuation provides limited support due to negative earnings and a low dividend yield.
Positive Factors
Brand & Product Diversification
Hindware’s multi-brand presence across sanitaryware, faucets, kitchen appliances and EVOK furniture delivers product diversification and brand equity. This broad portfolio reduces dependence on any single category, supports cross-selling, and sustains demand through housing and renovation cycles over the medium term.
Negative Factors
High Leverage
Significant leverage constrains financial flexibility, raises refinancing and interest-rate risk, and limits capacity to invest in growth or withstand demand shocks. Over a multi-month horizon, high debt amplifies downside if cash generation doesn’t improve and can force austerity on capex and marketing.
Read all positive and negative factors
Positive Factors
Negative Factors
Brand & Product Diversification
Hindware’s multi-brand presence across sanitaryware, faucets, kitchen appliances and EVOK furniture delivers product diversification and brand equity. This broad portfolio reduces dependence on any single category, supports cross-selling, and sustains demand through housing and renovation cycles over the medium term.
Read all positive factors
Hindware Home Innovation Limited (HINDWAREAP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹17.64B
Dividend Yield0.15%
Average Volume (3M)21.88K
Price to Earnings (P/E)157.2
Beta (1Y)1.48
Revenue Growth-7.26%
EPS Growth-408.66%
CountryIN
Employees398
SectorConsumer Defensive
Sector Strength42
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)0.42
Shares Outstanding83,646,355
10 Day Avg. Volume38,981
30 Day Avg. Volume21,882
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)2.03
Price to Sales (P/S)0.63
P/FCF Ratio-155.68
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)10.83
Revenue Forecast (FY)₹29.35B
Hindware Home Innovation Limited Business Overview & Revenue Model
Company Description
Hindware Home Innovation Limited engages in the consumer appliances, retail, and building products business in India. It offers chimneys, cooking range, food waste disposers, built-in microwaves, food sanitizers, built-in ovens, built-in hobs, coo...
How the Company Makes Money
Hindware Home Innovation Limited generates revenue primarily through the sale of its products and services in the bathroom, kitchen, and building material sectors. The company earns income through its wide distribution network, including retailers...
Hindware Home Innovation Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
55
Neutral
Cash Flow
48
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.11B | 25.23B | 27.41B | 28.24B | 22.69B | 17.47B |
| Gross Profit | 9.38B | 4.79B | 5.39B | 12.36B | 4.25B | 5.48B |
| EBITDA | 1.58B | 1.54B | 2.75B | 2.81B | 3.05B | 1.61B |
| Net Income | -729.10M | -682.90M | 257.81M | 570.90M | 2.02B | 548.43M |
Balance Sheet | ||||||
| Total Assets | 25.32B | 25.28B | 24.20B | 23.03B | 21.46B | 10.39B |
| Cash, Cash Equivalents and Short-Term Investments | 239.50M | 252.60M | 292.21M | 91.99M | 535.68M | 332.45M |
| Total Debt | 9.10B | 8.89B | 10.46B | 9.58B | 3.74B | 2.42B |
| Total Liabilities | 17.69B | 17.42B | 18.14B | 17.20B | 16.19B | 7.09B |
| Stockholders Equity | 7.53B | 7.77B | 5.98B | 5.76B | 5.26B | 3.30B |
Cash Flow | ||||||
| Free Cash Flow | 42.60M | -101.40M | 573.53M | 251.90M | 1.86B | 2.06B |
| Operating Cash Flow | 851.30M | 1.92B | 2.41B | 2.21B | 2.26B | 2.34B |
| Investing Cash Flow | -796.10M | -2.15B | -2.19B | -7.05B | -1.24B | -516.20M |
| Financing Cash Flow | -192.90M | 183.00M | -19.74M | 4.67B | -831.69M | -1.78B |
Hindware Home Innovation Limited Technical Analysis
Neutral
261.95
Price Trends
216.06
Negative
249.36
Negative
281.90
Negative
Market Momentum
-3.82
Negative
53.72
Neutral
86.70
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HINDWAREAP, the sentiment is Neutral. The current price of 261.95 is above the 20-day moving average (MA) of 195.33, above the 50-day MA of 216.06, and below the 200-day MA of 281.90, indicating a neutral trend. The MACD of -3.82 indicates Negative momentum. The RSI at 53.72 is Neutral, neither overbought nor oversold. The STOCH value of 86.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:HINDWAREAP.
Hindware Home Innovation Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹11.09B | 26.88 | ― | ― | 7.32% | ― | |
68 Neutral | ₹23.99B | 30.32 | ― | 0.26% | 11.21% | 22.23% | |
63 Neutral | ₹43.78B | 66.01 | ― | ― | 12.08% | 28.97% | |
63 Neutral | ₹18.52B | 114.54 | ― | 0.50% | 7.89% | 32.07% | |
63 Neutral | ₹65.36B | 64.27 | ― | 0.97% | 4.48% | -49.18% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
48 Neutral | ₹17.64B | 157.19 | ― | 0.15% | -7.26% | -408.66% |
* Consumer Defensive Sector Average
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Hindware Home Innovation Limited Corporate Events
Hindware Home Innovation Confirms Full Compliance on Dematerialized Shares for Q4 FY26
Apr 8, 2026
Hindware Home Innovation Limited has certified that all securities dematerialized between January 1 and March 31, 2026 have been duly reported to National Securities Depository Limited, Central Depository Services (India) Limited, and all stock ex...
Hindware Home Innovation Shuts Trading Window Ahead of FY26 Results
Mar 24, 2026
Hindware Home Innovation Limited has announced the closure of its trading window for dealing in the company’s shares from 1 April 2026 until 48 hours after the declaration of its audited financial results for the quarter and financial year e...
Hindware Home Innovation Advances Composite Scheme of Arrangement with Creditor and Shareholder Meetings
Mar 7, 2026
Hindware Home Innovation Limited announced that meetings of the unsecured creditors of its subsidiary Hindware Limited, the unsecured creditors of Hindware Home Innovation, and its equity shareholders were duly convened on March 7, 2026, in Kolkat...
Hindware Home Innovation Moves Ahead on Group Restructuring with Creditor Meeting for Subsidiary
Feb 4, 2026
Hindware Home Innovation Limited has announced that, following directions from the National Company Law Tribunal’s Kolkata Bench, an in‑person meeting of the unsecured creditors of its subsidiary Hindware Limited will be held on 7 Marc...
Hindware Home Innovation Sets March 7 Shareholders’ Meet on Composite Scheme of Arrangement
Feb 4, 2026
Hindware Home Innovation Limited has scheduled a physical meeting of its equity shareholders on 7 March 2026 in Kolkata to consider and approve, with or without modifications, a Composite Scheme of Arrangement involving Hindware Home Innovation Li...
Hindware Home Innovation Calls NCLT-Directed Meeting of Unsecured Creditors on Restructuring Scheme
Feb 4, 2026
Hindware Home Innovation Limited has called a physical meeting of its unsecured creditors on 7 March 2026 in Kolkata, as directed by the National Company Law Tribunal, Kolkata Bench, to consider and vote on a Composite Scheme of Arrangement involv...
Hindware Home Innovation Gets NCLT Nod to Convene Meetings on Corporate Restructuring Scheme
Jan 16, 2026
Hindware Home Innovation Limited has received an order from the National Company Law Tribunal (NCLT), Kolkata Bench, directing the company, along with HHIL Limited and Hindware Limited, to convene meetings of shareholders and creditors to consider...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.