Hindware Home Innovation
238.29
-5.33(-2.19%)
Market Cap₹1,993.21 Cr
PE Ratio-28.06
Company Performance:
1D-2.19%
1M-3.92%
6M-14.27%
1Y+8.90%
5Y+6.02%
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More news about Hindware Home Innovation
18Oct 25
Hindware Home Innovation Completes Telangana Plant Sale to Ariston for INR 115 Crore
Hindware Home Innovation Limited has successfully completed the sale of manufacturing assets in Telangana to Ariston Water Heating Products India Private Limited for INR 115 crore, revised from the original INR 116 crore. The transaction was finalized on December 11, 2025, with all regulatory conditions satisfied and documentation completed.
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05Sept 25
Hindware Home Innovation Faces ₹1 Crore GST Demand from Maharashtra Tax Authority
Hindware Home Innovation Limited has received a tax demand of ₹1,00,43,587 from Maharashtra state tax authorities. The demand includes ₹48,87,632 in tax, ₹46,67,191 in interest, and ₹4,88,764 in penalties. Allegations include improper tax liability reduction, ineligible input tax credit, and delayed payments to trade payables. Hindware states the demand was issued without considering their submissions and is consulting legal advisors to determine their next steps.
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29Aug 25
Hindware Home Innovation Secures BSE Approval for Composite Scheme of Arrangement
Hindware Home Innovation Limited (HHIL) has received approval from the Bombay Stock Exchange (BSE) for its composite scheme of arrangement. The approval, dated August 28, 2025, allows HHIL to file the draft scheme with the National Company Law Tribunal (NCLT). The restructuring involves HHIL, Hindware Limited, and HHIL Limited under Sections 230 to 232 of the Companies Act, 2013. HHIL is awaiting similar approval from the National Stock Exchange (NSE) before proceeding with the NCLT filing. The scheme's effectiveness remains subject to NCLT approval and other regulatory clearances.
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19Aug 25
Hindware Home Innovation Reports Q1 Results with Strategic Business Restructuring
Hindware Home Innovation Limited reported Q1 consolidated revenue of INR 531.00 crores and EBITDA of INR 58.00 crores. The company announced discontinuation of several high loss-making product categories to focus on kitchen appliances. Bathware segment showed positive growth with revenue of INR 341.00 crores and EBITDA of INR 43.00 crores. Consumer Appliances segment reported revenue of INR 71.00 crores and EBITDA of INR 10.00 crores. Pipes segment faced challenges, reporting revenue of INR 119.00 crores and EBITDA of INR 7.00 crores. Management expects improved overall performance in the second half and targets mid-teens EBITDA margins for the Bathware business.
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12Aug 25
Hindware Home Innovation Restructures Business, Reports Q1 FY2026 Results
Hindware Home Innovation Limited announced Q1 FY2026 results and major restructuring. The company is discontinuing several loss-making product categories to focus on kitchen appliances. This led to an exceptional provision of ₹49.49 crore. Q1 saw revenue of ₹531.16 crore and a net loss of ₹29.20 crore. The consumer appliances segment reported revenue of ₹71.96 crore with a profit of ₹4.78 crore, while building products segment had revenue of ₹459.96 crore with a profit of ₹23.49 crore. Cost optimization measures include downscaling warehouse capacity. The company appointed Mr. Nitesh Raj as Business Head-Commercial Business and rescheduled its AGM to September 24, 2025.
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01Jul 25
Hindware Expands Production Capacity with New Rs 170 Crore Plant in Roorkee
Hindware Home Innovation has inaugurated a new production facility in Roorkee, Uttarakhand, with an investment of Rs 170 crore. The plant will produce CPVC, UPVC, SWR and PVC pipes, fittings, and water storage tanks under the Truflo brand. With an initial capacity of 12,500 tonnes per annum, this third facility increases Hindware's total annual production capacity to 80,500 tonnes. The strategically located plant aims to serve North and West India markets and is expected to create about 200 jobs.
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28Mar 25
Hindware Home Innovation Receives NCLT Order for Scheme Meetings on March 7, 2026
Hindware Home Innovation has received an NCLT order scheduling crucial meetings for March 7, 2026 to approve its composite scheme of arrangement. The restructuring plan involves demerging the consumer products business into HHIL Limited and amalgamating remaining assets into Hindware Limited, with shareholders receiving shares in both entities. The scheme aims to unlock shareholder value and create focused business entities.
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27Mar 25
Hindware Home Innovation Unveils Major Corporate Restructuring Plan
Hindware Home Innovation Limited (HHIL) has approved a restructuring plan involving the demerger of its Consumer Products Business into a wholly-owned subsidiary, HHIL Limited. The remaining entity will then be amalgamated with Hindware Limited, consolidating the Building Products Business. Shareholders will receive shares in both new entities. The move aims to streamline operations, unlock shareholder value, and create focused business entities. The restructuring is set for April 1, 2025, pending regulatory approvals.
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Hindware Home Innovation
238.29
-5.33
(-2.19%)
1 Year Returns:+8.90%
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