Hawkins Cookers Limited reported a 17% year-on-year increase in net profit to ₹30.38 crore for the quarter ended June 30, 2026, driven by a robust 33% surge in revenue from operations. The top-line growth, which climbed to ₹318.13 crore from ₹239.08 crore in the corresponding period of FY25, underscores sustained consumer demand for its kitchenware products. Despite the strong sales performance, operating margins faced pressure as input costs rose faster than revenues, resulting in an EBITDA margin contraction of 121 basis points.

The Board of Directors approved the unaudited standalone financial results on July 29, 2026. The figures were reviewed by statutory auditors Kalyaniwalla & Mistry LLP, who issued an unmodified limited review report under Standard on Review Engagements (SRE) 2410. The results have been prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Indian Accounting Standard 34 (Ind AS 34). Vice Chairman and Chief Financial Officer Sudeep Yadav signed off on the financial statement.

Financial Performance Highlights

The company’s total income reached ₹320.98 crore, up from ₹242.66 crore in Q1FY25. While revenue growth was significant, total expenses increased by 35% to ₹280.10 crore, compared to ₹207.77 crore in the previous year. This expense inflation was primarily attributed to higher material costs and operational expenditures. Profit before tax rose to ₹40.87 crore from ₹34.88 crore. The following table summarises the key financial metrics:

Earnings per share (EPS) increased to ₹57.45 from ₹49.05 in the same quarter last year. Reserves and surplus, excluding revaluation reserves, grew to ₹439.96 crore from ₹377.96 crore at the end of March 2026. The paid-up equity share capital remained unchanged at ₹5.29 crore.

EBITDA and Margin Trends

On an operating profitability basis, EBITDA grew year-on-year to ₹427 million from ₹350 million in the same quarter of the previous year, reflecting stronger absolute operating earnings. However, EBITDA margin contracted to 13.43% from 14.64% in the corresponding period, indicating that operating costs grew at a faster pace than revenues. The following table captures the EBITDA performance:

What the Numbers Show

A key observation from the Q1FY27 results is the divergence between revenue growth and expense inflation. While revenue grew by 33%, total expenses rose by approximately 35%, suggesting that input cost pressures are weighing on margin expansion. Cost of materials consumed jumped significantly to ₹153.15 crore from ₹107.38 crore, pointing to rising raw material costs or volume-driven procurement increases. The EBITDA margin compression of over 100 basis points reinforces this trend, as operating leverage has not fully offset the rise in input and operational costs. Additionally, other income declined slightly to ₹2.85 crore from ₹3.57 crore, meaning the profit growth was almost entirely operationally driven rather than supported by non-operating gains.

Hawkins Cookers Limited has fixed Wednesday, July 22, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹140 per equity share for FY26. The dividend, recommended by the Board at its meeting held on May 28, 2026, is subject to shareholder approval at the 66th Annual General Meeting scheduled for July 29, 2026. If approved, the dividend will be paid latest by August 28, 2026.

The Register of Members and Share Transfer Books of the company will remain closed from Thursday, July 23, 2026, to Wednesday, July 29, 2026 (both days inclusive). The record date ensures that only members whose names appear in the Register of Members on July 22, 2026, will be entitled to receive the payout.

Key AGM and Dividend Details

The 66th Annual General Meeting will be held on Wednesday, July 29, 2026, at 2:30 pm at Rama Watumull Auditorium, Kishinchand Chellaram College, Dinshaw Wacha Road, Churchgate, Mumbai 400020. Members may exercise their right to vote on the resolutions proposed to be considered at the AGM by remote e-voting through the National Securities Depository Ltd. (NSDL) e-voting services. The remote e-voting period shall commence at 9:00 am on Sunday, July 26, 2026, and will end at 5:00 pm on Tuesday, July 28, 2026. Names recorded in the Register of Members or in the Register of Beneficial Owners maintained by the Depositories as on the cut-off date of July 22, 2026, shall only be entitled to the facility of remote e-voting or voting at the AGM.