HINDWAREAP
Hindware Home Innovation Limited (HINDWAREAP) Stock Analysis
Hindware Home Innovation Limited is an Indian building-materials company known for sanitaryware, faucets, and bathroom solutions under the Hindware brand. It also operates in tiles and allied home products for residential and commercial projects. The company sells through dealers, retail, and project channels across India. It is listed on Indian stock exchanges.
Consumer Cyclical › Furnishings, Fixtures & Appliances
₹170.50
-0.02% 1W | -51.10% 52W
Market Cap
1.4k CR
P/E Ratio
–
52W High
₹392.7
52W Low
₹165
Div. Yield
0%
Beta
0.5
50 DMA
₹190.2
200 DMA
₹218.4
Profit Margin
-0.2%
Inst. Own.
7.2%
📉 CONSOLIDATING DOWN
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 622.96 | 693.21 | 692.93 | 772.43 | 599.91 | 629.83 | 594.23 | 699.02 | 531.16 | 676.31 | 640.08 | 662.73 | 625.25 |
| Expenses | 560.42 | 618.80 | 642.30 | 697.58 | 556.90 | 600.12 | 564.82 | 658.13 | 482.41 | 619.90 | 591.91 | 618.49 | 575.13 |
| Operating Profit | 62.54 | 74.41 | 50.63 | 74.85 | 43.01 | 29.71 | 29.41 | 40.89 | 48.75 | 56.41 | 48.17 | 44.24 | 50.12 |
| OPM % | 10.04% | 10.73% | 7.31% | 9.69% | 7.17% | 4.72% | 4.95% | 5.85% | 9.18% | 8.34% | 7.53% | 6.68% | 8.02% |
| Other Income | 5.56 | 5.34 | 10.67 | -5.48 | 11.84 | 8.78 | 7.29 | -16.22 | -40.36 | 4.41 | 3.26 | 15.12 | 4.58 |
| Interest | 21.84 | 23.76 | 23.53 | 24.29 | 23.93 | 23.55 | 22.56 | 19.10 | 17.93 | 17.14 | 16.71 | 18.62 | 17.40 |
| Depreciation | 28.26 | 29.47 | 31.34 | 30.69 | 30.73 | 30.89 | 30.55 | 30.36 | 30.24 | 29.00 | 28.84 | 29.41 | 29.94 |
| Profit before tax | 18.00 | 26.52 | 6.43 | 14.39 | 0.19 | -15.95 | -16.41 | -24.79 | -39.78 | 14.68 | 5.88 | 11.33 | 7.36 |
| Tax % | 84.06% | 21.34% | 4.82% | 52.12% | 110.53% | -24.39% | -22.79% | 2.34% | -37.33% | 43.73% | 19.73% | 27.10% | 28.94% |
| Net Profit | 0.67 | 19.70 | 4.53 | 2.73 | -3.91 | -15.55 | -17.73 | -30.82 | -29.07 | 5.04 | 3.60 | -18.82 | 4.37 |
| EPS in Rs | 0.03 | 2.29 | 0.54 | 0.26 | -0.48 | -1.86 | -2.12 | -3.70 | -3.48 | 0.59 | 0.42 | -2.28 | 0.52 |
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,671 | 1,613 | 1,775 | 2,294 | 2,872 | 2,800 | 2,523 | 2,510 | 2,604 |
| Expenses | 1,546 | 1,525 | 1,632 | 2,118 | 2,627 | 2,562 | 2,380 | 2,311 | 2,405 |
| Operating Profit | 124 | 88 | 143 | 176 | 246 | 238 | 143 | 199 | 199 |
| OPM % | 7% | 5% | 8% | 8% | 9% | 8% | 6% | 8% | 8% |
| Other Income | 9 | 24 | 18 | 129 | 36 | 37 | 12 | -19 | 27 |
| Interest | 29 | 33 | 29 | 20 | 77 | 95 | 89 | 70 | 70 |
| Depreciation | 20 | 46 | 39 | 39 | 101 | 123 | 123 | 117 | 117 |
| Profit before tax | 85 | 33 | 92 | 245 | 103 | 57 | -57 | -8 | 39 |
| Tax % | 36% | 30% | 41% | 17% | 35% | 35% | -12% | -53% | |
| Net Profit | 55 | 23 | 55 | 202 | 58 | 28 | -68 | -39 | -6 |
| EPS in Rs | 2.76 | 6.56 | 24.12 | 6.83 | 3.08 | -8.16 | -4.74 | -0.75 | |
| Dividend Payout % | 0% | 5% | 4% | 2% | 6% | 11% | 0% | 0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | -4.0% | 7.0% | – |
| Profit CAGR | -74.0% | -55.0% | – |
Shareholding Pattern
Promoters52.74%
FIIs3.59%
DIIs6.75%
Public36.92%
Promoters52.74%
FIIs3.16%
DIIs6.35%
Public37.74%
Promoters52.74%
FIIs3.10%
DIIs5.75%
Public38.40%
Promoters52.74%
FIIs3.36%
DIIs5.83%
Public38.06%
Promoters52.74%
FIIs5.14%
DIIs3.72%
Public38.39%
Promoters51.32%
FIIs4.96%
DIIs8.27%
Public35.45%
Promoters51.32%
FIIs7.49%
DIIs7.34%
Public33.85%
Promoters52.74%
FIIs3.64%
DIIs7.09%
Public36.52%
Promoters52.74%
FIIs3.36%
DIIs5.83%
Public38.06%
Promoters52.74%
FIIs5.14%
DIIs3.72%
Public38.39%
HINDWAREAP
Holdings Analysis
Key strengths & risk signals
40
Overall
33
Fundamental
48
Technical
Risks (4)
Cannot calculate PEG - insufficient growth data.
POOR YEAR! Stock declined 51.1% in the last year.
WEAK POSITION! Current price (170.5) is below both moving averages.
WEAK! Trading at 2.4% of 52W range - near yearly lows.
Strengths (3)
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 37.1 - watch for reversal.
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 101,946 vs down days: 95,208. Ratio: 1.07x
Fundamental & Technical Analysis
40Overall
33Fundamental
48Technical
Fundamental Breakdown
Growth Quality
4/30
Revenue CAGR: -4.4% (DECLINING, 2/15). Profit CAGR: 0% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! -0.2% profit margin - thin profits.
PEG Valuation
0/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 34.63% public ownership - moderate retail influence.
Stability Index
4/10
CAREFUL! Company does not have stable profit track. 2 loss-making quarters detected.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (190.2) is below 200-day average (218.4) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (170.5) is below both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATING DOWN
52W Performance
0/10
POOR YEAR! Stock declined 51.1% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 101,946 vs down days: 95,208. Ratio: 1.07x
RSI
4/5
APPROACHING OVERSOLD! RSI at 37.1 - watch for reversal.
52W Range
1/5
WEAK! Trading at 2.4% of 52W range - near yearly lows.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 0.0% (1 week), 5.1% (1 month), 31.1% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
HINDWAREAP
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-26 | Concall PDF | |
| Q3FY262026-02-19 | Concall PDF | |
| Q2FY262025-11-18 | Concall PDF |
Peer Comparison
Consumer Cyclical · Furnishings, Fixtures & Appliances · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HINDWAREAP | ₹170.50 | – | -0.2% | -4.4% | – | -51.1% | 40 | CONSOLIDATING DOWN | -114.8% | -122.6% | +17.7% | -5.7% |
| EPACK | ₹170.50 | – | -0.4% | 7.3% | -53.3% | -53.3% | 44 | BOUNCE FROM SUPPORT | -48.5% | – | +33.8% | +49.9% |
| LAOPALA | ₹154.80 | 18.4 | 29.6% | -12.1% | -9.1% | -35.3% | 56 | CONSOLIDATING DOWN | +3.1% | +61.7% | +9.3% | +4.4% |
| WEL | ₹75.50 | 83.9 | 1.6% | 17.4% | 13.2% | -42.4% | 53 | BREAKOUT | +263.6% | -44.4% | +51.0% | -7.4% |
| BUTTERFLY | ₹542.50 | 20.2 | 5.0% | -3.7% | -4.1% | -23.2% | 40 | BREAKDOWN | +39.1% | -21.9% | +14.1% | -2.0% |
| STANLEY | ₹128.30 | 158.4 | 1.1% | 0.1% | -28.3% | -57.7% | 45 | BREAKDOWN | -93.7% | -162.5% | -8.6% | -2.0% |
| RUSHIL | ₹15.60 | 19.5 | 2.5% | 0.3% | -55.8% | -46.9% | 45 | APPROACHING SUPPORT | -114.3% | -80.2% | +27.8% | -0.8% |
| FOCUS | ₹52.20 | 68.7 | 3.0% | 26.0% | 33.0% | -34.1% | 54 | BREAKDOWN | – | +10.4% | – | -18.4% |
Data from TradeAlone · Updated daily