Hindware Home Innovation Limited (NSE:HINDWAREAP)

Hindware Home Innovation Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	25,007	25,230	27,763	28,723	22,936	17,752
Other Revenue	277.24	370.54	332	317.7	275.54	170.59
Revenue	25,284	25,600	28,095	29,041	23,212	17,923
Revenue Growth (YoY)	-8.16%	-8.88%	-3.26%	25.11%	29.51%	9.49%
Cost of Revenue	14,103	14,264	15,276	16,504	15,704	11,985
Gross Profit	11,182	11,336	12,819	12,537	7,508	5,938
Selling, General & Admin	5,332	5,453	5,735	5,267	2,422	2,683
Other Operating Expenses	3,721	3,986	4,112	4,474	3,050	1,649
Operating Expenses	10,322	10,732	11,030	10,751	5,866	4,703
Operating Income	859.4	604.5	1,789	1,786	1,642	1,236
Interest Expense	-763	-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	-178.72	-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	-88.68	-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	-784.8	-296	-	-	1,009	-
Pretax Income	-865.64	-756.04	784.6	940.77	2,434	924.15
Income Tax Expense	-115.92	-68.42	295.07	365.25	417.4	375.72
Earnings From Continuing Operations	-749.72	-687.62	489.54	575.52	2,017	548.43
Earnings From Discontinued Operations	23.94	7.54	-213.17	-	-	-
Net Income to Company	-725.78	-680.08	276.37	575.52	2,017	548.43
Minority Interest in Earnings	-3.31	-2.81	-18.57	-4.62	-	-
Net Income	-729.09	-682.89	257.81	570.9	2,017	548.43
Net Income to Common	-729.09	-682.89	257.81	570.9	2,017	548.43
Net Income Growth	-	-	-54.84%	-71.69%	267.75%	137.32%
Shares Outstanding (Basic)	82	78	75	72	72	72
Shares Outstanding (Diluted)	82	78	75	72	72	72
Shares Change (YoY)	11.15%	4.05%	3.37%	-	-	-
EPS (Basic)	-8.86	-8.78	3.45	7.90	27.90	7.59
EPS (Diluted)	-8.86	-8.78	3.45	7.90	27.90	7.59
EPS Growth	-	-	-56.31%	-71.69%	267.75%	137.32%
Free Cash Flow	-110.09	-101.49	573.53	251.86	1,865	2,061
Free Cash Flow Per Share	-1.34	-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	44.22%	44.28%	45.63%	43.17%	32.34%	33.13%
Operating Margin	3.40%	2.36%	6.37%	6.15%	7.07%	6.89%
Profit Margin	-2.88%	-2.67%	0.92%	1.97%	8.69%	3.06%
Free Cash Flow Margin	-0.43%	-0.40%	2.04%	0.87%	8.03%	11.50%
EBITDA	1,741	1,512	2,613	2,383	1,864	1,461
EBITDA Margin	6.88%	5.91%	9.30%	8.21%	8.03%	8.15%
D&A For EBITDA	881.51	907.61	824.41	596.48	221.46	225.69
EBIT	859.4	604.5	1,789	1,786	1,642	1,236
EBIT Margin	3.40%	2.36%	6.37%	6.15%	7.07%	6.89%
Effective Tax Rate	-	-	37.61%	38.82%	17.15%	40.66%
Revenue as Reported	25,319	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.