Hindware Home Innovation Limited (HHIL) has announced its unaudited financial results for the second quarter of fiscal year 2026, revealing growth and strategic focus areas.

Financial Highlights

• Revenue reached ₹832.00 crores in Q2FY26, marking a 10.00% year-over-year increase.
• The company achieved an EBITDA margin of 11.00% during the quarter.

Strategic Focus and Expansion

HHIL is expanding its consumer appliance division through several key initiatives:

1. Launching premium products
2. Growing its dealer network
3. Brand premiumization
4. Developing its modular furniture offerings
5. Expanding its water heater portfolio

Management Outlook

The company's management has set the following targets:

• Aiming for double-digit growth
• Expecting margin expansion through:
  • Improved product mix
  • Cost efficiencies

Previous Strategic Shifts

Earlier, HHIL had announced strategic shifts including:

• Discontinuation of high-loss product categories such as air coolers (except through e-commerce), ceiling and other fans, air purifiers, water purifiers, and furniture fittings.
• A focus on the core kitchen appliance business.

Corporate Restructuring

The company is undergoing a corporate restructuring process, which includes:

1. Demerger of HHIL's Consumer Products Business into HHIL Limited.
2. Subsequent amalgamation of the remaining HHIL with Hindware Limited.

This restructuring is subject to necessary approvals from shareholders, creditors, and regulatory bodies, including NCLT sanction.

Conclusion

Hindware Home Innovation's latest financial results and strategic initiatives demonstrate the company's focus on growth and operational efficiency. By emphasizing premium products, expanding its dealer network, and optimizing its product portfolio, HHIL is positioning itself in the home appliances and building products market.

Hindware Home Innovation Limited has successfully completed the sale of manufacturing assets through its joint venture Hintastica Private Limited (HPL) to Ariston Water Heating Products India Private Limited. The transaction, which was finalized on December 11, 2025, involves the sale of manufacturing facilities in Telangana for a revised consideration of INR 115.00 crore.

Transaction Completion Details

Asset Sale Specifications

The completed transaction encompasses the transfer of identified manufacturing assets located at Green Industrial Park, Pollepally Village, Jadcherla Mandal, Mehaboob Nagar, Telangana. The assets include comprehensive manufacturing infrastructure comprising land, buildings, plant, machinery, and equipment.

Regulatory Compliance and Documentation

All conditions precedent under the Asset Sale Agreement dated October 17, 2025, have been duly satisfied. The company has completed the execution of the Sale Deed along with all ancillary closing documents, ensuring full regulatory compliance under SEBI regulations.

Strategic Business Impact

The transaction represents a continuation of Hindware Home Innovation's strategic shift towards an asset-light business model. HPL, which has been manufacturing electric storage water heaters since 2023, will maintain its operational focus in the water heater segment while optimizing its asset utilization strategy.

The completion of this asset sale strengthens the company's balance sheet and provides enhanced operational flexibility. This strategic move aligns with the company's broader objectives of focusing on market development, product innovation, and expanding consumer reach through its established distribution network.