Hindware Home Innovation's Q1 FY 2025-26 Quarterly Results

Result Summary

• Hindware Home Innovation Ltd reported a 31.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 11.8%.
• Its expenses for the quarter were down by 31.5% QoQ and 13.2% YoY.
• The net profit decreased 1164.8% QoQ and increased 643.5% YoY.
• The earnings per share (EPS) of Hindware Home Innovation Ltd declined at 3.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

## Company Overview
Hindware Home Innovation Ltd is a company engaged in providing innovative home solutions. The company primarily operates in the home improvement and building products industry, focusing on products such as sanitaryware, faucets, and other related home fixtures. Hindware Home Innovation has established itself as a key player in the home solutions sector, catering to both residential and commercial markets. As of the latest updates, there have been no major developments specific to Hindware Home Innovation Ltd that have been publicly disclosed beyond routine business operations and product launches.

## Revenue
In the first quarter of the fiscal year 2026 (Q1FY26), Hindware Home Innovation Ltd reported a total income of ₹540.16 crores. This represents a quarter-over-quarter (QoQ) decrease of 31.0% from ₹782.86 crores in Q4FY25. Additionally, there was an 11.8% year-over-year (YoY) decline from ₹612.27 crores in Q1FY25. The drop in revenue both sequentially and annually is a significant data point in understanding the company's recent financial performance.

## Profitability
For Q1FY26, the company reported a loss before tax of ₹39.91 crores, a substantial decrease from the profit of ₹8.30 crores recorded in Q4FY25 and a deeper loss compared to ₹0.71 crores in Q1FY25. The QoQ change in profit before tax is a decline of 580.8%, while the YoY change is a significant drop of 5721.1%. The company's tax expenses also reflected a notable shift, with a tax credit of ₹14.85 crores in Q1FY26 compared to a tax expense of ₹1.41 crores in Q4FY25 and ₹0.21 crores in Q1FY25. Consequently, the profit after tax for Q1FY26 was a loss of ₹29.07 crores, compared to a profit of ₹2.73 crores in Q4FY25 and a loss of ₹3.91 crores in Q1FY25. These figures indicate a 1164.8% QoQ change and a 643.5% YoY improvement in profit after tax, despite the loss. Earnings per share (EPS) was reported at ₹-3.50 for Q1FY26, contrasting sharply with ₹0.30 in Q4FY25 and ₹-0.60 in Q1FY25, marking a QoQ change of -1266.7% and a YoY change of 483.3%.

## Operating Metrics
The total expenses for Hindware Home Innovation Ltd in Q1FY26 amounted to ₹530.58 crores, showing a 31.5% decrease from ₹774.56 crores in Q4FY25. On a YoY basis, expenses decreased by 13.2% from ₹611.56 crores in Q1FY25. While the total expenses have decreased both QoQ and YoY, the reduction in total income has been more pronounced, which has affected profitability. The financial data for Q1FY26 highlights a challenging quarter for the company in terms of maintaining revenue and managing costs effectively.