Hindware Home Innovation Ltd share price logo

Hindware Home Innovation Ltd (HINDWAREAP)

₹457.90.08%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 3 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 3 analysts offering long term price targets for Hindware Home Innovation Ltd. An average target of ₹522.33

Source: S&P Global Market Intelligence

Hindware Home Innovation Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹455
    ₹462.5
  • 52 Week's Low

    52 Week's High

    ₹315
    ₹664.1
1 Month Return+ 4.28 %
3 Month Return+ 25.03 %
1 Year Return-22.24 %
Previous Close₹458.25
Open₹458.35
Volume1.36L
Upper Circuit-
Lower Circuit-
Market Cap₹3,312.98Cr

Key Statistics

P/E Ratio122.53
PEG Ratio-28.97
Market Cap₹3,312.98 Cr
P/B Ratio20.25
EPS9.19

Mutual Fund Holdings

Funds HoldingsPrev. 6M
LIC MF Flexi Cap Fund Direct Plan Growth OptionLIC MF Flexi Cap Fund Direct Plan Growth Option2.07%
LIC MF Multi Cap Fund Direct GrowthLIC MF Multi Cap Fund Direct Growth0.57%
Taurus Discovery (Midcap) Fund - Direct Plan-Growth OptionTaurus Discovery (Midcap) Fund - Direct Plan-Growth Option2.97%
LIC MF Focused Fund Direct GrowthLIC MF Focused Fund Direct Growth1.97%
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth0.23%

Company Information

Hindware Home Innovation Ltd is a leading Indian sanitaryware and lifestyle solutions provider, incorporated in 1960.

Hindware Home Innovation Ltd operates in the sanitaryware and lifestyle solutions market, offering an extensive range of products that includes sanitaryware, faucets, wellness products, tiles, kitchen appliances, and CP fittings. The company also manufactures and distributes a variety of lifestyle products such as furniture, decor, modular kitchens, and home automation systems.

The company's top products include sanitaryware, faucets, wellness products, and tiles. Hindware Home Innovation Ltd's popular brands include Hindware, Hindware Italian Collection, Hindware Snowcrest, and Hindware Atlantic.

Share Price: ₹457.90 per share as on 26 Jul, 2024 09:33 AM
Market Capitalisation: ₹3,312.98Cr as of today
Revenue: ₹773.67Cr as on March 2024 (Q1 24)
Net Profit: ₹6.89Cr as on March 2024 (Q1 24)
Listing date: 01 Jan, 0001
Chairperson Name: Sandip Somany
OrganisationHindware Home Innovation Ltd
HeadquartersGurgaon
IndustryRetail
E-voting on sharesClick here to vote

Key events for Hindware Home Innovation Ltd

  • Hindware Home Innovation Appoints New CEO, Expected to See Substantial Earnings Growth - 12 Jul, 2024

    Hindware Home Innovation has appointed Naveen Malik as CEO, signaling potential strategic shifts. Despite lower profit margins and dividends, the company is expected to see substantial earnings growth of 70.4% annually over the next three years, with revenue growth forecasts outpacing the broader Indian market. However, interest payments are not well covered by earnings, indicating financial pressures.

  • Hindware Home Innovation Shares Gain 26% in a Month - 02 Jul, 2024

    Despite gains of 26% in the last month, Hindware Home Innovation shares are still down 17% over the past year. The company's declining revenue and low P/S ratio compared to the industry have led some shareholders to doubt forecasts and accept lower selling prices.

  • HindwareAP Reports Decrease in Net Profit and EPS - 18 Jun, 2024

    Hindware Home Innovation Ltd's consolidated net sales for March 2024 increased by 0.76% YoY, but the quarterly net profit decreased by 90.4% from the previous year. The company's EBITDA also decreased by 27.42%. The stock has given negative returns of -25.30% over the last six months and -25.52% over the last twelve months.

  • Hindware Home Innovation Faces Mixed Financial Dynamics - 13 Jun, 2024

    Hindware Home Innovation's revenue growth outpaces the Indian market, but profit margins have declined. Significant earnings growth is anticipated, but concerns linger due to poor interest coverage and recent adjustments in dividend payouts.

Insights on Hindware Home Innovation Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 33.80% to 35.51% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, HINDWAREAP has outperformed top 5 stocks with highest market-cap in Appliances, Tools & Housewares

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 703.6 Cr → 782.86 Cr (in ₹), with an average increase of 10.1% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Whirlpool of India Ltd has given 40.9% return, outperforming this stock by 65.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.32% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 1.75% to 1.32% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, HINDWAREAP stock has moved down by -25.0%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 19.7 Cr → 2.14 Cr (in ₹), with an average decrease of 64.9% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.49% to 6.05% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹773.67Cr
↑11.65%
Net Income
₹6.89Cr
↑12.58%
Net Profit Margin
0.89%
↑1.14%
2023Y/Y Change
Revenue
₹2,873.27Cr
↑25.27%
Net Income
₹66.46Cr
↓67.34%
Net Profit Margin
2.31%
↓73.96%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹471.12Cr
↓7.01%
Total Liabilities
₹344.57Cr
↓11.79%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹61.06Cr
↓204.61%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
51.32%
0.00
Foreign Institutions
6.05%
-19.22
Mutual Funds
1.32%
-24.64
Retail Investors
35.51%
5.04
Others
5.81%
2.95

Key Indicators

Hindware Home Innovation Ltd Valuation

Hindware Home Innovation Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-95.52x)

August 27, 2020

Industry (-433.54x)

July 25, 2024

Today (122.53x)

July 25, 2024

Highest (436.49x)

December 26, 2019

LowHigh

Earnings and Dividends

  • Hindware Home Innovation Ltd Earnings Results

    Hindware Home Innovation Ltd’s net profit fell -90.59% since last year same period to ₹2.14Cr in the Q4 2023-2024. On a quarterly growth basis, Hindware Home Innovation Ltd has generated -52.76% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Hindware Home Innovation Ltd Dividends May,2024

    In the quarter ending March 2024, Hindware Home Innovation Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.09%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Hindware Home Innovation Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Hindware Home Innovation Ltd (HINDWAREAP) share price today is ₹457.9

Hindware Home Innovation Ltd is listed on NSE

Hindware Home Innovation Ltd is listed on BSE

  • Today’s highest price of Hindware Home Innovation Ltd is ₹462.5.
  • Today’s lowest price of Hindware Home Innovation Ltd is ₹455.

PE Ratio of Hindware Home Innovation Ltd is 122.53

PE ratio = Hindware Home Innovation Ltd Market price per share / Hindware Home Innovation Ltd Earnings per share

Today’s traded volume of Hindware Home Innovation Ltd(HINDWAREAP) is 1.36L.

Today’s market capitalisation of Hindware Home Innovation Ltd(HINDWAREAP) is ₹3312.98Cr.

Hindware Home Innovation Ltd(HINDWAREAPPrice
52 Week High
₹664.1
52 Week Low
₹315

Hindware Home Innovation Ltd(HINDWAREAP) share price is ₹457.9. It is down -31.05% from its 52 Week High price of ₹664.1

Hindware Home Innovation Ltd(HINDWAREAP) share price is ₹457.9. It is up 45.37% from its 52 Week Low price of ₹315

Hindware Home Innovation Ltd(HINDWAREAPReturns
1 Day Returns
-0.35%
1 Month Returns
4.28%
3 Month Returns
25.03%
1 Year Returns
-22.24%