Hindware Home Innovation Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	25,466	25,230	27,763	28,723	22,936	17,752
Other Revenue	230.44	370.54	332	317.7	275.54	170.59
Revenue	25,696	25,600	28,095	29,041	23,212	17,923
Revenue Growth (YoY)	-3.30%	-8.88%	-3.26%	25.11%	29.51%	9.49%
Cost of Revenue	14,362	14,264	15,276	16,504	15,704	11,985
Gross Profit	11,334	11,336	12,819	12,537	7,508	5,938
Selling, General & Admin	5,305	5,453	5,735	5,267	2,422	2,683
Other Operating Expenses	3,761	3,986	4,112	4,474	3,050	1,649
Operating Expenses	10,317	10,732	11,030	10,751	5,866	4,703
Operating Income	1,017	604.5	1,789	1,786	1,642	1,236
Interest Expense	-704.5	-887.1	-921.52	-771.04	-156.62	-294.88
Interest & Investment Income	9.31	9.31	4.68	5.59	2.62	8.42
Earnings From Equity Investments	-139.32	-178.92	-91.2	-89.08	-18.08	-
Currency Exchange Gain (Loss)	-11.42	-11.42	11.73	6.42	-	-
Other Non Operating Income (Expenses)	-4.25	-4.25	-4.31	0.59	-47.54	0.42
EBT Excluding Unusual Items	167.12	-467.88	788.35	938.88	1,422	949.62
Gain (Loss) on Sale of Investments	0.02	0.02	-	0.13	13.82	0.13
Gain (Loss) on Sale of Assets	7.83	7.83	2.04	1.76	-10.68	-2.68
Asset Writedown	-	-	-5.78	-	-	-22.92
Other Unusual Items	-785.3	-296	-	-	1,009	-
Pretax Income	-610.34	-756.04	784.6	940.77	2,434	924.15
Income Tax Expense	-66.92	-68.42	295.07	365.25	417.4	375.72
Earnings From Continuing Operations	-543.42	-687.62	489.54	575.52	2,017	548.43
Earnings From Discontinued Operations	30.94	7.54	-213.17	-	-	-
Net Income to Company	-512.48	-680.08	276.37	575.52	2,017	548.43
Minority Interest in Earnings	-3.51	-2.81	-18.57	-4.62	-	-
Net Income	-515.99	-682.89	257.81	570.9	2,017	548.43
Net Income to Common	-515.99	-682.89	257.81	570.9	2,017	548.43
Net Income Growth	-	-	-54.84%	-71.69%	267.75%	137.32%
Shares Outstanding (Basic)	84	78	75	72	72	72
Shares Outstanding (Diluted)	84	78	75	72	72	72
Shares Change (YoY)	14.23%	4.05%	3.37%	-	-	-
EPS (Basic)	-6.18	-8.78	3.45	7.90	27.90	7.59
EPS (Diluted)	-6.18	-8.78	3.45	7.90	27.90	7.59
EPS Growth	-	-	-56.31%	-71.69%	267.75%	137.32%
Free Cash Flow	-	-101.49	573.53	251.86	1,865	2,061
Free Cash Flow Per Share	-	-1.30	7.67	3.48	25.80	28.51
Dividend Per Share	-	-	0.400	0.500	0.500	0.300
Dividend Growth	-	-	-20.00%	-	66.67%	100.00%
Gross Margin	44.11%	44.28%	45.63%	43.17%	32.34%	33.13%
Operating Margin	3.96%	2.36%	6.37%	6.15%	7.07%	6.89%
Profit Margin	-2.01%	-2.67%	0.92%	1.97%	8.69%	3.06%
Free Cash Flow Margin	-	-0.40%	2.04%	0.87%	8.03%	11.50%
EBITDA	1,987	1,512	2,613	2,383	1,864	1,461
EBITDA Margin	7.73%	5.91%	9.30%	8.21%	8.03%	8.15%
D&A For EBITDA	970.01	907.61	824.41	596.48	221.46	225.69
EBIT	1,017	604.5	1,789	1,786	1,642	1,236
EBIT Margin	3.96%	2.36%	6.37%	6.15%	7.07%	6.89%
Effective Tax Rate	-	-	37.61%	38.82%	17.15%	40.66%
Revenue as Reported	25,731	25,635	28,127	29,079	23,229	17,933
Advertising Expenses	-	1,120	1,420	1,165	-	748.43

Source: S&P Global Market Intelligence. Standard template. Financial Sources.