Hindware Home Innovation Ltd Stock Price Today (NSE: HINDWAREAP)

Hindware Home Innovation Ltd

HINDWAREAPSanitary Ware
228.06+13.04 (+6.06%)
Market Open

Fundamental Score

...

Hindware Home Innovation Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Hindware Home Innovation Ltd share price today is 228.06, up +6.06% on NSE/BSE as of 23 June 2026. Hindware Home Innovation Ltd (HINDWAREAP) is a Small-cap company in the Sanitary Ware sector with a market capitalisation of 2.71K (Cr). The 52-week high for HINDWAREAP share price is 392.70 and the 52-week low is 170.50. The company has a Return on Equity (ROE) of -6.46% and a debt-to-equity ratio of 1.21.

Hindware Home Innovation Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
254.31
Low
208.74
Volume
1.4L
Change
+2.64%

Hindware Home Innovation Ltd share price chart: 2.64% return over the past month. 52-week high ₹392.70, 52-week low ₹170.50.

Hindware Home Innovation Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
215.10229.90212.24228.061.13L (Cr)
223.70225.00214.00215.021.30L (Cr)
229.42231.62218.10223.511.35L (Cr)
229.42229.42229.42229.420.00 (Cr)
232.50234.90227.46229.4260.69K (Cr)
235.10238.42232.10232.9238.86K (Cr)
242.99247.80232.70236.5387.87K (Cr)
240.10245.90235.09242.991.22L (Cr)
215.20248.69215.20243.027.20L (Cr)
213.50224.95212.00216.631.23L (Cr)

Hindware Home Innovation Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
223.70229.90212.24228.06+1.95%
216.00254.31208.74223.51+3.48%
177.05236.39177.05217.82+23.03%
213.00222.99170.50174.83-17.92%
229.00256.78221.11227.95-0.46%
268.30276.10203.60222.45-17.09%
328.35338.65250.00266.85-18.73%
373.20390.00304.70328.35-12.02%
330.20392.70325.40370.60+12.24%
313.35346.95305.25330.20+5.38%
266.45325.50260.85310.25+16.44%
294.90297.00245.50265.10-10.11%

AI Research Briefing

Powered by Gemini · 2026-04-09

Small-cap turnaround story; execution risk high.

Research Confidence
6.0/10Moderate
DEBT TRAP TURNAROUND1M: -12.36%, 3M: 1.66%, 6M: 15.55% - Recent pullback after a 6-month uptrend.P/E ratio is non-existent, making valuation difficult. Industry P/E is 30.1x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Hindware Home Innovation's stock rose 8.26% between March 30 and April 2, 2026. Markets Mojo upgraded the stock to 'Sell' on April 1, 2026, citing improving financials and valuation. The company has confirmed compliance on dematerialized shares for Q4 FY26. Trading window closed from April 1, 2026, ahead of FY26 results.

CORE STORY (THE REAL GAME)

Why Now
  • Stock price momentum after recent upgrade
  • Improving financials
  • Anticipation of demerger benefits
Potential Catalysts
  • Strong Q4 FY26 results
  • Successful demerger of Consumer Appliances Business
  • Significant order wins in the bathware segment
Key Risks
  • Small-cap: Liquidity risk
  • High debt/equity ratio
  • Negative ROE
Institutional Activity

FII and DII holdings decreased slightly.

Macro Context

Sanitary ware market growth driven by urbanization, but vulnerable to real estate slowdown.

Cash Flow Quality

Free cash flow positive over 5 years at ₹473.72 Cr, but needs to be monitored.

3–6 Month Outlook

Focus on premiumization and margin expansion. Demerger of consumer appliances business could unlock value in the next 3-6 months.

Primary Thesis Risk

Turnaround fails due to high debt and competitive pressures.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

-6.46%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.62%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

7.93%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Hindware Home Innovation Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.10x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

52.74%

% shares held by company founders/management

Poor

FII Holding

3.16%

% shares held by foreign institutional investors

Average

DII Holding

6.35%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

131.73%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

7.38%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

9.36%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.21x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

1.13x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

473.72 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Hindware Home Innovation Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of HINDWAREAP across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Robust Profit Growth (131.73%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Cash Generation (₹473.72 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (52.74%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (-6.46%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (3.62%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Elevated Debt Levels (D/E: 1.21)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (1.13x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Limited Institutional Interest (FII+DII: 9.51%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Hindware Home Innovation Ltd vs Sanitary Ware Peers

Peer Comparison - Sanitary Ware

Compare Hindware Home Innovation Ltd with 2 other companies in the same sector

3 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
26.4/100
228
₹2710.64
-6.46%
Poor
3.62%
Poor
1.2
Average
9.36%
Good
0.00%
50.7/100
5798
₹7097.76
30.1
Average
18.30%
Good
22.39%
Excellent
0.0
Excellent
16.24%
Excellent
9.63%
Good
1.18%
25.7/100
23
₹51.08
33.4
Average
32.78%
Excellent
27.58%
Excellent
0.2
Excellent
0.00%

Hindware Home Innovation Ltd PE Ratio History

Historical price-to-earnings ratio for HINDWAREAP — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20243.45₹271.4078.7x
FY 20237.59₹508.9067x
FY 202226.62₹444.0016.7x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Hindware Home Innovation Ltd Dividend History

Annual cash dividends paid by HINDWAREAP — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 20252.91 Cr
FY 20243.85 Cr
FY 20225.73 Cr
FY 20211.07 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Hindware Home Innovation Ltd Quarterly Performance

Latest quarterly metrics for HINDWAREAP — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

7.38%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

131.73%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

9.36%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Hindware Home Innovation Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for HINDWAREAP — calculated from daily price history

42RSI 14
Neutral — RSI 42

Momentum is balanced — neither overbought nor oversold.

SMA 50
213
▲ Price above SMA 50 — Short-term bullish
SMA 200
274
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
167K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Hindware Home Innovation Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Hindware Home Innovation Ltd (HINDWAREAP) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Hindware Home Innovation Ltd

About HINDWAREAP (Hindware Home Innovation Ltd)

Hindware Home Innovation Ltd is a prominent force in the Indian sanitary ware market, renowned for its innovative designs and commitment to quality. Beyond just fixtures, Hindware ...crafts comprehensive bathroom solutions, transforming mundane spaces into havens of comfort and style. Their extensive product portfolio encompasses a diverse range of sanitary ware, including elegantly designed water closets, sleek wash basins, and luxurious bathtubs, each meticulously crafted to enhance the aesthetic appeal and functionality of modern bathrooms. Hindware's unwavering dedication to using premium materials and employing advanced manufacturing techniques ensures durability and long-lasting performance, establishing them as a trusted brand among homeowners and interior designers alike. Their commitment to sustainable practices also sets them apart, incorporating water-saving technologies into their products to promote environmental consciousness. The company's success extends beyond its core sanitary ware offerings, venturing into related categories to provide holistic home solutions. Hindware's product line includes stylish and functional kitchen sinks, designed to complement modern kitchen aesthetics. They also offer a variety of shower enclosures and accessories, allowing customers to create personalized and luxurious bathing experiences. Hindware leverages cutting-edge design principles, blending form and function seamlessly. This focus on innovation allows them to stay ahead of market trends, consistently introducing new and exciting products that cater to the evolving needs of discerning consumers. Their commitment to customer satisfaction is evident in their extensive distribution network and after-sales service, ensuring a seamless and rewarding experience for every customer. Hindware's brand presence is further strengthened by its strategic partnerships and collaborations with renowned designers, pushing the boundaries of innovation and design. They consistently invest in research and development to create products that are not only aesthetically pleasing but also technologically advanced. This dedication to innovation is reflected in their range of smart bathroom solutions, integrating technology for enhanced comfort and convenience. Hindware's commitment to providing a complete home solution extends to their accessories segment, offering a wide range of products such as faucets, showers, and other bathroom essentials. Through their diverse offerings, Hindware Home Innovation Ltd strives to be a one-stop shop for creating stylish, functional, and comfortable living spaces.

Company Details

Symbol:HINDWAREAP
Industry:Sanitary Ware
Sector:Sanitary Ware

Key Leadership

Mr. Nirupam Sahay MMS
Chief Executive Officer
Mr. Naveen Malik
Chief Financial Officer
Ms. Payal M. Puri
Company Secretary, Senior VP, Group General Counsel & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

HINDWAREAP Share Price: Frequently Asked Questions

What is the current share price of Hindware Home Innovation Ltd?

Hindware Home Innovation Ltd (HINDWAREAP) trades at ₹228.06 on NSE and BSE. Market cap ₹2.71K (Cr). Educational data only.

What is the P/E ratio of Hindware Home Innovation Ltd?

Hindware Home Innovation Ltd has a P/E of N/Ax vs industry average 30.10x.

What is the Bull Run score for Hindware Home Innovation Ltd?

Hindware Home Innovation Ltd has a Bull Run score of 26.4/100 based on 25+ financial parameters.

Does Hindware Home Innovation Ltd pay dividends?

Hindware Home Innovation Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Hindware Home Innovation Ltd?

Hindware Home Innovation Ltd has ROE of -6.46%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Hindware Home Innovation Ltd?

Hindware Home Innovation Ltd has debt-to-equity of 1.21.

Is Hindware Home Innovation Ltd a good investment?

Bull Run gives Hindware Home Innovation Ltd a score of 26.4/100. This is not investment advice — consult a SEBI-registered advisor.