Hindware Home Innovation Ltd

Hindware Home Innovation Ltd

Next 500 2024
+ 2 More
+ 2 More
OVERVIEW
FINANCIALS

About

Hindware Home Innovation Limited was formerly known as the Somany Home Innovations Limited. It is primarily engaged in the manufacturing and marketing of building products and consumer appliances. Its consumer appliances business vertical includes a range of household appliances, right from kitchen appliances like chimneys, dishwashers, and water purifiers to air coolers, room and water heaters, and ceiling fans. The building products vertical offers sanitaryware, faucets, premium tiles, and plastic pipes, among others, with the help of a wholly owned subsidiary—Hindware Limited. The company’s pipes and fittings are sold under the ‘Truflo by Hindware’ brand, along with overhead water storage tanks. Hindware Home Innovation also produces and supplies home interior products through retail stores and online platforms, such as Amazon, Pepperfry, Urban Ladder, and more, under the ‘EVOK’ brand. Its products reach more than 17,000 locations in India with the help of 30 franchise stores spread across the country.

Incorporation Year: 2017
Headquarters: Gurugram
Top Management: Sandip Somany
Industry: Consumer Durables

Featured In Fortune India Ranking

Next 500 India
#259(2024)#477(2023)#464(2022)
#259(2024)#477(2023)#464(2022)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
2,794
(INR Cr)
Net Operating Income
2,800
(INR Cr)
Assets
1,730
(INR Cr)
Profit
26
(INR Cr)
Net Worth
598
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018
Revenue
(INR Cr)
2794
-5.3%
2951
17.8%
2504
42.1%
1762
5.6%
1668
-1.0%
1686
-
0
-
Net Operating Income
(INR Cr)
2800
-2.52%
2872
25.23%
2294
29.20%
1775
10.05%
1613
-3.46%
1671
0.00%
0
0.00%
Profit
(INR Cr)
26
-54.8%
57
-71.7%
202
267.8%
55
137.3%
23
-57.8%
55
-
0
-
Assets
(INR Cr)
1730
7.6%
1608
68.3%
955
55.6%
614
-13.4%
709
19.7%
592
-
0
-
Net Worth
(INR Cr)
598
3.8%
576
9.4%
526
59.5%
330
20.3%
274
13.2%
242
0.0%
0
0.0%
Employee Cost
(INR Cr)
431
7.0%
402
74.2%
231
27.8%
181
2.0%
177
11.2%
160
-
0
-
Interest Cost
(INR Cr)
9577202933290
Cash & Bank Balance
(INR Cr)
2992783220
Total Debt
(INR Cr)
10469583742423283030

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018
Profit As % Of Revenues 0.9%1.9%8.1%3.1%1.4%3.3%-
Profit As % Of Assets 1.5%3.6%21.1%8.9%3.3%9.2%-
Profit As % Of Networth 4.3%9.9%38.3%16.6%8.4%22.6%-
Interest Cost to EBITDA % 40.0%31.4%11.7%20.6%37.8%23.0%-
Debt to Equity Ratio 1.751.660.710.731.201.251.20
RONW 6.3%12.1%28.3%18.2%9.0%22.6%-
ROCE 9.1%14.1%21.0%18.4%10.2%19.1%0.0%