Hindware Home Innovation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Hindware Home Innovation Ltd reported a 25.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.3%.
• Its expenses for the quarter were up by 25.5% QoQ and 1.8% YoY.
• The net profit decreased 117.3% QoQ and decreased 132.4% YoY.
• The earnings per share (EPS) of Hindware Home Innovation Ltd stood at 0.59 during Q2 FY 2025-26.

Financial Statments for Q2 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 prominent company operating in the home solutions industry. The company is renowned for its wide range of products, including sanitaryware, faucets, and wellness products, among others. It serves both domestic and international markets, catering to the needs of residential, commercial, and industrial sectors. Hindware Home Innovation Ltd has established itself as a key player in the industry with a strong focus on innovation and customer satisfaction. However, specific recent major developments about the company are not available in the provided data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Hindware Home Innovation Ltd reported a total income of ₹680.14 crores. This represents a significant increase of 25.9% compared to the previous quarter (Q1FY26) when the total income was ₹540.16 crores. Additionally, there was a year-over-year (YoY) growth of 6.3% from the same quarter in the previous year (Q2FY25), where the total income stood at ₹639.63 crores. The data reflects a positive trend in revenue generation for the company over the specified periods.

Profitability

The company's profitability has shown notable changes over the analyzed periods. In Q2FY26, the Profit Before Tax (PBT) was ₹14.71 crores, contrasting with a loss of ₹39.91 crores in Q1FY26 and a loss of ₹14.93 crores in Q2FY25. The quarter-over-quarter (QoQ) change in PBT is -136.9%, while the YoY change is -198.5%. Hindware Home Innovation Ltd's Profit After Tax (PAT) in Q2FY26 was ₹5.04 crores, improving from a loss of ₹29.07 crores in the previous quarter and a loss of ₹15.55 crores in Q2FY25. The QoQ and YoY changes in PAT were -117.3% and -132.4%, respectively, indicating a recovery in profitability metrics.

Operating Metrics

The total expenses for Q2FY26 were recorded at ₹666.04 crores, which is a 25.5% increase from ₹530.58 crores in Q1FY26. Compared to Q2FY25, where expenses were ₹654.56 crores, there was a YoY increase of 1.8%. The Earnings Per Share (EPS) for Q2FY26 stood at ₹0.59, compared to a negative EPS of ₹-3.48 in Q1FY26 and ₹-2.16 in Q2FY25. The QoQ and YoY changes in EPS were -117.0% and -127.3%, respectively. The tax expense in Q2FY26 was ₹6.42 crores, reflecting a change from a negative tax of ₹-14.85 crores in Q1FY26 and ₹-3.89 crores in Q2FY25, with QoQ and YoY changes of -143.2% and -265.0%. These metrics illustrate the company's operational efficiency and fiscal management during the specified periods.