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	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	24,542	25,230	28,000	28,723	22,936	17,752
Other Revenue	371.7	405.3	338.45	317.7	275.54	170.59
Revenue	24,914	25,635	28,339	29,041	23,212	17,923
Revenue Growth (YoY)	-11.49%	-9.54%	-2.42%	25.11%	29.51%	9.49%
Cost of Revenue	14,507	14,952	15,460	16,504	15,704	11,985
Gross Profit	10,408	10,683	12,879	12,537	7,508	5,938
Selling, General & Admin	4,168	4,265	5,820	5,267	2,422	2,683
Other Operating Expenses	4,380	4,583	4,324	4,474	3,050	1,649
Operating Expenses	9,769	10,073	11,369	10,751	5,866	4,703
Operating Income	638.9	610.2	1,510	1,786	1,642	1,236
Interest Expense	-831.4	-891.4	-950.97	-771.04	-156.62	-294.88
Interest & Investment Income	-	-	5.3	5.59	2.62	8.42
Earnings From Equity Investments	-181.4	-178.9	-91.2	-89.08	-18.08	-
Currency Exchange Gain (Loss)	-	-	11.7	6.42	-	-
Other Non Operating Income (Expenses)	-	-	0.5	0.59	-47.54	0.42
EBT Excluding Unusual Items	-373.9	-460.1	485.23	938.88	1,422	949.62
Gain (Loss) on Sale of Investments	-	-	-	0.13	13.82	0.13
Gain (Loss) on Sale of Assets	-	-	2.04	1.76	-10.68	-2.68
Asset Writedown	-	-	-11.04	-	-	-22.92
Other Unusual Items	-790.9	-296	-	-	1,009	-
Pretax Income	-1,165	-756.1	476.23	940.77	2,434	924.15
Income Tax Expense	-219	-68.4	199.86	365.25	417.4	375.72
Earnings From Continuing Operations	-945.8	-687.7	276.37	575.52	2,017	548.43
Earnings From Discontinued Operations	14.1	7.6	-	-	-	-
Net Income to Company	-931.7	-680.1	276.37	575.52	2,017	548.43
Minority Interest in Earnings	-2.3	-2.8	-18.57	-4.62	-	-
Net Income	-934	-682.9	257.81	570.9	2,017	548.43
Net Income to Common	-934	-682.9	257.81	570.9	2,017	548.43
Net Income Growth	-	-	-54.84%	-71.69%	267.75%	137.32%
Shares Outstanding (Basic)	80	78	72	72	72	72
Shares Outstanding (Diluted)	80	78	72	72	72	72
Shares Change (YoY)	10.64%	7.58%	-	-	-	-
EPS (Basic)	-11.66	-8.78	3.57	7.90	27.90	7.59
EPS (Diluted)	-11.66	-8.78	3.57	7.90	27.90	7.59
EPS Growth	-	-	-54.84%	-71.69%	267.75%	137.32%
Free Cash Flow	-	-101.4	573.53	251.86	1,865	2,061
Free Cash Flow Per Share	-	-1.30	7.93	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	41.77%	41.67%	45.45%	43.17%	32.34%	33.13%
Operating Margin	2.56%	2.38%	5.33%	6.15%	7.07%	6.89%
Profit Margin	-3.75%	-2.66%	0.91%	1.97%	8.69%	3.06%
Free Cash Flow Margin	-	-0.40%	2.02%	0.87%	8.03%	11.50%
EBITDA	1,967	1,838	2,334	2,383	1,864	1,461
EBITDA Margin	7.90%	7.17%	8.24%	8.21%	8.03%	8.15%
D&A For EBITDA	1,328	1,228	824.41	596.48	221.46	225.69
EBIT	638.9	610.2	1,510	1,786	1,642	1,236
EBIT Margin	2.56%	2.38%	5.33%	6.15%	7.07%	6.89%
Effective Tax Rate	-	-	41.97%	38.82%	17.15%	40.66%
Revenue as Reported	24,914	25,635	28,372	29,079	23,229	17,933
Advertising Expenses	-	-	1,450	1,165	-	748.43

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