Hindware Home Innovation Q4 FY26 Results: Revenue ₹663 Cr, EBITDA ₹63 Cr
Hindware Home Innovation reported consolidated FY26 revenue of ₹2,510 crore and Q4 FY26 revenue of ₹663 crore. The Bathware business saw 10% YoY sales growth to ₹1,520 crore in FY26, with EBITDA up 30%. The company aims for 15-20% sales growth in FY27. Strategic focus is on core segments like Bathware and Pipes, with sustainability initiatives emphasized.
The announcement includes detailed financial results for the quarter and year, along with future growth targets and strategic initiatives. This provides significant information for investors to assess the company's performance and outlook.
The company reported revenue growth in its Bathware segment and aims for continued growth in the next fiscal year. While the Pipes & Fittings segment faced challenges, the overall outlook and strategic focus on core segments and sustainability are positive.
Hindware Home Innovation Limited has announced its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The company presented an investor presentation detailing these results.
For the fiscal year 2026, the consolidated revenue stood at ₹2,510 crore, with an EBITDA margin of 9%. The revenue mix for FY26 comprised 60% from Bathware, 27% from Plastic Pipes & Fittings, and 13% from Consumer Products. The consolidated PBT margin for FY26 was 0.4%.
In the fourth quarter of FY26, consolidated revenue was ₹663 crore, with an EBITDA margin of 9% and a PBT margin of 2%. The standalone revenue for Q4 FY26 was ₹186 crore, with an EBITDA margin of 3.5% and a PBT margin of -4.3%. The company has rationalized its portfolio, exiting loss-making categories to focus on core segments like chimneys, hobs, cooktops, and water heaters. Investments in premiumization and future growth are concentrated in these areas, where the company holds a stronger market position.
The Bathware business reported FY26 sales of ₹1,520 crore, a 10% year-on-year growth from ₹1,384 crore in FY25. EBITDA increased by 30% year-on-year to ₹157 crore, with margins improving to 10.3% from 8.8%. The company aims for 15%-20% sales growth in FY27. The Plastic Pipes & Fittings business faced challenges in FY26 due to raw material volatility and subdued infrastructure spending, impacting sales growth and profitability. The Roorkee plant commenced operations in late January FY26, with ramp-up progressing as planned.
The company also highlighted its commitment to sustainability initiatives, focusing on energy efficiency, water efficiency, rooftop solar, waste management, and reducing greenhouse gas emissions. Future strategic priorities include market expansion, product innovation, enhancing distribution, deepening institutional engagement, and optimizing manufacturing and cost efficiency.
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Hindware Home Innovation Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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