India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #724 Sandip Somany & family ₹4,400 Cr
- #1,608 Ashok Jaipuria ₹1,200 Cr
Market Cap
₹1,381 Cr
HINDWAREAP · NSE
Share Price
₹171.02
+3.62% today
Revenue
₹2,510 Cr
FY 2025-26 · -0.5% YoY
EBITDA
₹145 Cr
Margin 5.8%
Net Profit
₹1.06 Cr
FY 2025-26 · +102.4% YoY
ROE
4.9%
ROCE 6.8%
Debt / Equity
1.15
Interest cover 256.0x
Authorised capital
₹30 Cr
Registered with MCA
About Hindware Home Innovation Limited
Data last updated:
Hindware Home Innovation Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 28 September 2017 and has been in existence for over 9 years.
Its director Sandip Somany and family are #724 among India's richest people (2026). Its director Ashok Jaipuria is #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L74999WB2017PLC222970. Its GSTIN is 19AAZCS2853D1ZT (West Bengal). The company holds 28 GST registrations, of which 25 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 542905 and NSE: HINDWAREAP.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹16.73 Cr. It is led by directors including Ashok Jaipuria and Nand Khaitan.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 2 Red Cross Place, Kolkata, West Bengal, India – 700001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,510.28 Cr, a decline of 0.5% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 0%) and EBITDA of ₹144.99 Cr (EBITDA margin 5.8%). The net worth stands at ₹736.89 Cr (down 5.2% YoY). Total assets are valued at ₹1,673.1 Cr (down 4.4% YoY).
The company has about 371 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 1 joint venture.
The company is associated with 2 brands: Evok Homes and Somany Home Innovation. As per MCA filings, the company has open charges of ₹269 Cr and satisfied charges of ₹30 Cr on record. Court records list 204 cases involving the company, including 193 filed by the company and 11 filed against it; 157 cases are pending. The company has 8 deals on record (7 market trades, 1 rights issue); the latest was in June 2026. The company has 33 MSME Form 1 returns on record between 2019 and 2024, listing 20,156 overdue payments to 464 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shilgroup.com.
Company details
CIN L74999WB2017PLC222970
Registration Number 222970
Incorporation Date 28 September 2017
ROC Kolkata
Listing Status Listed - Listed on NSE (HINDWAREAP); Listed on BSE (542905)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Hindware Home Innovation has one previous CIN (Corporate Identification Number): U74999WB2017PLC222970. The current CIN is L74999WB2017PLC222970, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999WB2017PLC222970 | Current |
| U74999WB2017PLC222970 | Previous |
Recognitions & Rankings of Hindware Home Innovation
Contact details
Hindware Home Innovation Limited's registered office is in Kolkata, West Bengal. Its website is shilgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2 Red Cross Place, Kolkata, West Bengal, India – 700001
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution, Electronic Appliances Retail & Distribution
To see the full contact details of Hindware Home Innovation Limited, buy the company report.
Comprehensive company report
Hindware Home Innovation Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Hindware Home Innovation operates two associated brands: Evok Homes and Somany Home Innovation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for buying furniture, appliances, and home decor items in India. | evok.in | |
| Building products and consumer appliances manufacturing, marketing, and distribution in India. | shilgroup.com |
Business activity
The main business activity of Hindware Home Innovation is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Hindware Home Innovation Limited, buy the company report.
Financials of Hindware Home Innovation Limited
FY 2025-26 filings availableHindware Home Innovation Limited reported revenue of ₹2,510.28 Cr (down 0.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹2,510 Cr
-0.5% YoY
EBITDA
₹145 Cr
+27.8% YoY
Profit After Tax
₹1.06 Cr
+102.4% YoY
Net Worth
₹737 Cr
-5.2% YoY
Total Assets
₹1,673 Cr
-4.4% YoY
Total Debt
₹856 Cr
-3.7% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,510 | 2,523 | 2,800 | 2,872 | 2,294 | 1,775 | 1,613 |
| Revenue growth | -0.5% | -9.9% | -2.5% | +25.2% | +29.2% | +10.1% | - |
| EBITDA | 145 | 113 | 238 | 245 | 175 | 143 | 88.16 |
| EBITDA margin | +5.8% | +4.5% | +8.5% | +8.6% | +7.6% | +8.1% | +5.5% |
| Profit before tax | (7.90) | (56.97) | 56.72 | 103 | 245 | 92.43 | 33.17 |
| Net profit | 1.06 | (44.41) | 25.67 | 56.98 | 119 | 55.00 | 23.19 |
| Net profit margin | +0.0% | -1.8% | +0.9% | +2.0% | +5.2% | +3.1% | +1.4% |
| EPS (₹) | (4.74) | (8.16) | 3.57 | 7.90 | 27.90 | 7.59 | 3.20 |
| Balance sheet | |||||||
| Total assets | 1,673 | 1,750 | 1,730 | 1,608 | 955 | 614 | 709 |
| Net worth | 737 | 777 | 598 | 576 | 526 | 330 | 274 |
| Total debt | 856 | 889 | 1,046 | 958 | 374 | 242 | 328 |
| Cash & bank | 33.42 | 25.26 | 29.33 | 9.27 | 26.54 | 7.62 | 2.67 |
| Net working capital | 434 | 490 | 523 | 503 | (29.01) | 372 | 459 |
| Cash flow | |||||||
| Cash from operations | 258 | 192 | 241 | 221 | 226 | 234 | 40.15 |
| Cash from investing | (129) | (215) | (219) | (705) | (124) | (51.62) | (30.99) |
| Cash from financing | (120) | 18.30 | (1.97) | 467 | (83.17) | (178) | (28.25) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 625 | 663 | 640 | 676 | 531 | 699 | 594 | 630 |
| Revenue growth (YoY) | +17.7% | -5.2% | +7.7% | +7.4% | -11.5% | - | - | - |
| Other income | 4.58 | 18.77 | 3.40 | 4.44 | 9.13 | 13.38 | 8.08 | 9.80 |
| EBITDA | 50.12 | 40.59 | 48.03 | 56.38 | (0.74) | 11.29 | 28.62 | 28.69 |
| EBITDA margin | +8.0% | +6.1% | +7.5% | +8.3% | -0.1% | +1.6% | +4.8% | +4.6% |
| Depreciation | 29.94 | 29.41 | 28.84 | 29.00 | 30.24 | 30.36 | 30.55 | 30.89 |
| Interest | 17.40 | 18.62 | 16.71 | 17.14 | 17.93 | 19.10 | 22.56 | 23.55 |
| Profit before tax | 7.36 | 11.33 | 5.88 | 14.68 | (39.78) | (24.79) | (16.41) | (15.95) |
| Tax | 2.13 | 3.07 | 1.16 | 6.42 | (14.85) | 0.58 | (3.74) | (3.89) |
| Net profit | 5.23 | 8.26 | 4.72 | 8.26 | (24.93) | (25.37) | (12.67) | (12.06) |
| EPS (₹) | 0.52 | (2.27) | 0.42 | 0.59 | (3.48) | (3.70) | (2.28) | (2.16) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 317 | 352 | 422 | 557 | 491 | 503 | 451 |
| Revenue growth | -10.0% | -16.5% | -24.3% | +13.4% | -2.4% | +11.5% | - |
| EBITDA | (95.93) | (46.72) | (48.14) | 13.11 | 12.65 | 27.14 | 8.43 |
| EBITDA margin | -30.3% | -13.3% | -11.4% | +2.4% | +2.6% | +5.4% | +1.9% |
| Profit before tax | (85.06) | (55.29) | (42.70) | 18.69 | 17.26 | 36.06 | 2.53 |
| Net profit | 14.05 | (33.55) | (36.02) | 10.59 | 12.68 | 0.85 | 8.76 |
| Net profit margin | +4.4% | -9.5% | -8.5% | +1.9% | +2.6% | +0.2% | +1.9% |
| EPS (₹) | (8.44) | (4.73) | (4.98) | 1.47 | 1.76 | 2.58 | 1.21 |
| Balance sheet | |||||||
| Total assets | 278 | 348 | 289 | 312 | 346 | 258 | 276 |
| Net worth | 223 | 294 | 87.08 | 127 | 116 | 109 | 91.05 |
| Total debt | 49.60 | 47.96 | 195 | 179 | 225 | 145 | 138 |
| Cash & bank | 7.20 | 5.24 | 10.72 | 1.16 | 2.67 | 1.97 | 0.40 |
| Net working capital | 25.31 | 54.07 | 100 | 149 | 190 | 173 | 150 |
| Cash flow | |||||||
| Cash from operations | 6.41 | 11.35 | 15.79 | 61.06 | (58.37) | 53.65 | (16.58) |
| Cash from investing | (0.65) | (113) | (7.76) | 5.75 | 45.46 | (13.42) | 14.07 |
| Cash from financing | (3.93) | 96.40 | 1.49 | (68.33) | 13.56 | (38.67) | (5.79) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 82.62 | 80.22 | 81.45 | 84.13 | 71.22 | 91.94 | 67.35 | 82.53 |
| Revenue growth (YoY) | +16.0% | -12.8% | +20.9% | +1.9% | -35.6% | - | - | - |
| Other income | 6.36 | 5.07 | 8.89 | 7.01 | 10.91 | 9.17 | 3.34 | 8.89 |
| Total expenses | 83.52 | 126 | 85.84 | 83.73 | 122 | 112 | 81.32 | 95.16 |
| EBITDA | (0.90) | (46.15) | (4.39) | 0.40 | (50.35) | (19.70) | (13.97) | (12.63) |
| EBITDA margin | -1.1% | -57.5% | -5.4% | +0.5% | -70.7% | -21.4% | -20.7% | -15.3% |
| Depreciation | 2.92 | 2.83 | 1.98 | 1.84 | 3.91 | 4.12 | 4.20 | 4.42 |
| Interest | 1.30 | 1.35 | 1.33 | 1.58 | 1.63 | 1.71 | 3.79 | 5.00 |
| Profit before tax | 1.24 | (45.26) | 1.19 | 3.99 | (44.98) | (16.36) | (18.62) | (13.16) |
| Tax | 0.58 | (1.89) | 0.48 | 3.21 | (16.28) | (4.71) | (4.68) | (4.50) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 625 | 663 | 640 | 676 | 531 | 699 | 594 | 630 |
| Revenue growth (YoY) | +17.7% | -5.2% | +7.7% | +7.4% | -11.5% | - | - | - |
| Other income | 4.58 | 18.77 | 3.40 | 4.44 | 9.13 | 13.38 | 8.08 | 9.80 |
| EBITDA | 50.12 | 40.59 | 48.03 | 56.38 | (0.74) | 11.29 | 28.62 | 28.69 |
| EBITDA margin | +8.0% | +6.1% | +7.5% | +8.3% | -0.1% | +1.6% | +4.8% | +4.6% |
| Depreciation | 29.94 | 29.41 | 28.84 | 29.00 | 30.24 | 30.36 | 30.55 | 30.89 |
| Interest | 17.40 | 18.62 | 16.71 | 17.14 | 17.93 | 19.10 | 22.56 | 23.55 |
| Profit before tax | 7.36 | 11.33 | 5.88 | 14.68 | (39.78) | (24.79) | (16.41) | (15.95) |
| Tax | 2.13 | 3.07 | 1.16 | 6.42 | (14.85) | 0.58 | (3.74) | (3.89) |
| Net profit | 5.23 | 8.26 | 4.72 | 8.26 | (24.93) | (25.37) | (12.67) | (12.06) |
| EPS (₹) | 0.52 | (2.27) | 0.42 | 0.59 | (3.48) | (3.70) | (2.28) | (2.16) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,510 | 2,523 | 2,800 | 2,872 | 2,294 | 1,775 | 1,613 |
| Revenue growth | -0.5% | -9.9% | -2.5% | +25.2% | +29.2% | +10.1% | - |
| Other income | 35.00 | 41.28 | 37.16 | 35.61 | 130 | 18.07 | 24.31 |
| Total expenses | 2,365 | 2,410 | 2,562 | 2,627 | 2,119 | 1,632 | 1,525 |
| Employee cost | 406 | 426 | 430 | 402 | 231 | 181 | 177 |
| EBITDA | 145 | 113 | 238 | 245 | 175 | 143 | 88.16 |
| EBITDA margin | +5.8% | +4.5% | +8.5% | +8.6% | +7.6% | +8.1% | +5.5% |
| Depreciation | 117 | 123 | 123 | 101 | 39.34 | 39.27 | 45.99 |
| Interest | 70.40 | 89.14 | 95.10 | 77.10 | 20.42 | 29.49 | 33.31 |
| Profit before tax | (7.90) | (56.97) | 56.72 | 103 | 245 | 92.43 | 33.17 |
| Tax | (4.21) | (6.84) | 19.99 | 36.52 | 41.74 | 37.57 | 10.05 |
| Net profit | 1.06 | (44.41) | 25.67 | 56.98 | 119 | 55.00 | 23.19 |
| Net profit margin | +0.0% | -1.8% | +0.9% | +2.0% | +5.2% | +3.1% | +1.4% |
| EPS (₹) | (4.74) | (8.16) | 3.57 | 7.90 | 27.90 | 7.59 | 3.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 16.73 | 16.73 | 14.46 | 14.46 | 14.46 | 14.46 | 14.46 |
| Reserves & surplus | 720 | 760 | 583 | 561 | 512 | 315 | 260 |
| Shareholders' funds (net worth) | 737 | 777 | 598 | 576 | 526 | 330 | 274 |
| Minority interest | 9.48 | 9.05 | 8.86 | 7.28 | 0.00 | 0.00 | 0.00 |
| Secured loans | 685 | 705 | 837 | 712 | 143 | 189 | 328 |
| Unsecured loans | 172 | 184 | 210 | 246 | 231 | 53.05 | 0.00 |
| Total debt | 856 | 889 | 1,046 | 958 | 374 | 242 | 328 |
| Total liabilities | 1,673 | 1,750 | 1,730 | 1,608 | 955 | 614 | 709 |
| Assets | |||||||
| Gross block | 1,501 | 1,282 | 1,253 | 1,141 | 878 | 265 | 279 |
| Net block | 999 | 875 | 918 | 912 | 743 | 157 | 190 |
| Capital work in progress | 93.54 | 209 | 55.31 | 36.23 | 58.50 | 10.59 | 4.80 |
| Investments | 38.78 | 73.07 | 104 | 87.95 | 114 | 25.64 | 0.27 |
| Inventories | 614 | 601 | 589 | 684 | 675 | 280 | 310 |
| Sundry debtors | 420 | 508 | 453 | 378 | 306 | 408 | 359 |
| Cash & bank balances | 33.42 | 25.26 | 29.33 | 9.27 | 26.54 | 7.62 | 2.67 |
| Loans & advances | 146 | 134 | 140 | 127 | 153 | 101 | 88.06 |
| Total current assets | 1,213 | 1,268 | 1,212 | 1,197 | 1,161 | 797 | 760 |
| Total current liabilities | 779 | 778 | 690 | 694 | 1,190 | 424 | 301 |
| Net working capital | 434 | 490 | 523 | 503 | (29.01) | 372 | 459 |
| Total assets | 1,673 | 1,750 | 1,730 | 1,608 | 955 | 614 | 709 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 25.04 | 29.22 | 9.20 | 26.48 | 7.60 | 2.67 | 21.76 |
| Net cash from operating activities | 258 | 192 | 241 | 221 | 226 | 234 | 40.15 |
| Net cash from investing activities | (129) | (215) | (219) | (705) | (124) | (51.62) | (30.99) |
| Net cash from financing activities | (120) | 18.30 | (1.97) | 467 | (83.17) | (178) | (28.25) |
| Net change in cash | 8.24 | (4.33) | 20.02 | (17.28) | 18.87 | 4.94 | (19.09) |
| Closing cash | 33.42 | 25.26 | 29.33 | 9.27 | 26.54 | 7.62 | 2.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -0.5% | -9.9% | -2.5% | +25.2% | +29.2% | +10.1% | - |
| EBITDA growth | +27.8% | -52.3% | -3.2% | +40.4% | +22.2% | +62.3% | - |
| PBT growth | +86.1% | - | -44.9% | -58.0% | +165.3% | +178.7% | -60.9% |
| Net income growth | +102.4% | -273.0% | -55.0% | -52.2% | +116.6% | +137.2% | - |
| Revenue CAGR (3Y) | -4.4% | +3.2% | +16.4% | +21.2% | +11.1% | - | - |
| EBITDA CAGR (3Y) | -16.1% | -13.4% | +18.4% | +40.7% | +12.1% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -0.2% | -2.0% | +1.3% | +2.3% | +8.9% | +3.1% | +1.4% |
| Return on capital employed | +6.8% | +3.5% | +9.1% | +14.1% | +21.0% | +18.4% | +10.2% |
| Return on net worth | +4.9% | -3.8% | +6.3% | +12.1% | +28.3% | +18.2% | +9.0% |
| Debt / equity | 1.15 | 1.41 | 1.71 | 1.21 | 0.72 | 0.94 | 1.19 |
| Long-term debt / equity | 0.58 | 0.74 | 0.90 | 0.69 | 0.36 | 0.22 | 0.19 |
| Interest cover | 256.00 | -978.49 | 82.94 | 53.36 | 15.07 | 28.40 | 78.99 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.80 | 1.99 | 2.34 | 2.84 | 4.01 | 6.53 | 7.16 |
| Inventory turnover | 4.13 | 4.24 | 4.40 | 4.23 | 4.80 | 6.01 | 5.47 |
| Debtors turnover | 5.41 | 5.25 | 6.74 | 8.40 | 6.43 | 4.63 | 4.51 |
| EPS (₹) | (4.74) | (8.16) | 3.57 | 7.90 | 27.90 | 7.59 | 3.20 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.40 | 0.50 | 0.50 | 0.30 | 0.15 |
| Book value per share (₹) | 88.10 | 92.90 | 82.69 | 79.64 | 72.81 | 45.64 | 37.93 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 82.62 | 80.22 | 81.45 | 84.13 | 71.22 | 91.94 | 67.35 | 82.53 |
| Revenue growth (YoY) | +16.0% | -12.8% | +20.9% | +1.9% | -35.6% | - | - | - |
| Other income | 6.36 | 5.07 | 8.89 | 7.01 | 10.91 | 9.17 | 3.34 | 8.89 |
| Total expenses | 83.52 | 126 | 85.84 | 83.73 | 122 | 112 | 81.32 | 95.16 |
| EBITDA | (0.90) | (46.15) | (4.39) | 0.40 | (50.35) | (19.70) | (13.97) | (12.63) |
| EBITDA margin | -1.1% | -57.5% | -5.4% | +0.5% | -70.7% | -21.4% | -20.7% | -15.3% |
| Depreciation | 2.92 | 2.83 | 1.98 | 1.84 | 3.91 | 4.12 | 4.20 | 4.42 |
| Interest | 1.30 | 1.35 | 1.33 | 1.58 | 1.63 | 1.71 | 3.79 | 5.00 |
| Profit before tax | 1.24 | (45.26) | 1.19 | 3.99 | (44.98) | (16.36) | (18.62) | (13.16) |
| Tax | 0.58 | (1.89) | 0.48 | 3.21 | (16.28) | (4.71) | (4.68) | (4.50) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 317 | 352 | 422 | 557 | 491 | 503 | 451 |
| Revenue growth | -10.0% | -16.5% | -24.3% | +13.4% | -2.4% | +11.5% | - |
| Other income | 27.32 | 24.01 | 40.47 | 43.60 | 34.95 | 39.24 | 29.06 |
| Total expenses | 413 | 399 | 470 | 544 | 479 | 476 | 443 |
| Employee cost | 49.41 | 57.11 | 67.48 | 65.40 | 54.35 | 50.48 | 49.78 |
| EBITDA | (95.93) | (46.72) | (48.14) | 13.11 | 12.65 | 27.14 | 8.43 |
| EBITDA margin | -30.3% | -13.3% | -11.4% | +2.4% | +2.6% | +5.4% | +1.9% |
| Depreciation | 10.56 | 17.33 | 17.27 | 18.06 | 14.11 | 15.38 | 21.83 |
| Interest | 5.89 | 15.25 | 17.76 | 19.96 | 16.23 | 14.94 | 13.13 |
| Profit before tax | (85.06) | (55.29) | (42.70) | 18.69 | 17.26 | 36.06 | 2.53 |
| Tax | (14.48) | (15.70) | (6.71) | 8.09 | 4.58 | 17.42 | (6.24) |
| Net profit | 14.05 | (33.55) | (36.02) | 10.59 | 12.68 | 0.85 | 8.76 |
| Net profit margin | +4.4% | -9.5% | -8.5% | +1.9% | +2.6% | +0.2% | +1.9% |
| EPS (₹) | (8.44) | (4.73) | (4.98) | 1.47 | 1.76 | 2.58 | 1.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 16.73 | 16.73 | 14.46 | 14.46 | 14.46 | 14.46 | 14.46 |
| Reserves & surplus | 207 | 277 | 72.62 | 112 | 102 | 94.56 | 76.59 |
| Shareholders' funds (net worth) | 223 | 294 | 87.08 | 127 | 116 | 109 | 91.05 |
| Secured loans | 19.54 | 8.20 | 99.05 | 89.16 | 143 | 110 | 138 |
| Unsecured loans | 30.06 | 39.76 | 96.00 | 89.41 | 82.03 | 34.94 | 0.00 |
| Total debt | 49.60 | 47.96 | 195 | 179 | 225 | 145 | 138 |
| Total liabilities | 278 | 348 | 289 | 312 | 346 | 258 | 276 |
| Assets | |||||||
| Gross block | 120 | 132 | 155 | 155 | 133 | 85.84 | 118 |
| Net block | 44.78 | 62.78 | 77.68 | 91.00 | 86.40 | 49.10 | 79.09 |
| Capital work in progress | 0.33 | 1.97 | 0.79 | 4.84 | 6.44 | 1.02 | 2.52 |
| Investments | 39.88 | 74.18 | 62.25 | 38.94 | 29.47 | 1.87 | 1.87 |
| Inventories | 74.41 | 90.56 | 113 | 121 | 143 | 114 | 134 |
| Sundry debtors | 48.03 | 90.80 | 104 | 139 | 140 | 158 | 117 |
| Cash & bank balances | 7.20 | 5.24 | 10.72 | 1.16 | 2.67 | 1.97 | 0.40 |
| Loans & advances | 33.80 | 25.21 | 37.03 | 47.13 | 65.07 | 86.64 | 20.17 |
| Total current assets | 163 | 212 | 265 | 308 | 351 | 361 | 272 |
| Total current liabilities | 138 | 158 | 164 | 159 | 161 | 187 | 121 |
| Net working capital | 25.31 | 54.07 | 100 | 149 | 190 | 173 | 150 |
| Total assets | 278 | 348 | 289 | 312 | 346 | 258 | 276 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.24 | 10.61 | 1.09 | 2.60 | 1.96 | 0.40 | 8.70 |
| Net cash from operating activities | 6.41 | 11.35 | 15.79 | 61.06 | (58.37) | 53.65 | (16.58) |
| Net cash from investing activities | (0.65) | (113) | (7.76) | 5.75 | 45.46 | (13.42) | 14.07 |
| Net cash from financing activities | (3.93) | 96.40 | 1.49 | (68.33) | 13.56 | (38.67) | (5.79) |
| Net change in cash | 1.83 | (5.51) | 9.52 | (1.51) | 0.65 | 1.56 | (8.30) |
| Closing cash | 7.20 | 5.24 | 10.72 | 1.16 | 2.67 | 1.97 | 0.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -10.0% | -16.5% | -24.3% | +13.4% | -2.4% | +11.5% | - |
| EBITDA growth | -105.3% | +3.0% | -467.2% | +3.6% | -53.4% | +222.0% | - |
| PBT growth | -53.8% | -29.5% | - | +8.3% | -52.1% | +1325.3% | +9998.0% |
| Net income growth | +141.9% | +6.9% | -440.1% | -16.5% | +1391.8% | -90.3% | - |
| Revenue CAGR (3Y) | -17.1% | -10.5% | -5.7% | +7.3% | +7.4% | - | - |
| EBITDA CAGR (3Y) | - | - | - | +15.9% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | -22.3% | -11.2% | -8.5% | +1.9% | +2.6% | +3.7% | +1.9% |
| Return on capital employed | 0.0% | 0.0% | -2.4% | +11.8% | +11.1% | +6.2% | +6.5% |
| Return on net worth | 0.0% | 0.0% | -33.7% | +8.7% | +11.3% | +0.9% | +11.1% |
| Debt / equity | 0.19 | 0.64 | 1.75 | 1.66 | 1.64 | 1.41 | 1.48 |
| Long-term debt / equity | 0.12 | 0.34 | 0.87 | 0.72 | 0.53 | 0.24 | 0.84 |
| Interest cover | -5.53 | -23.81 | -27.15 | -403.23 | -1,111.64 | 127.04 | -97.99 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.52 | 2.45 | 2.71 | 3.86 | 4.49 | 4.93 | 4.98 |
| Inventory turnover | 3.84 | 3.46 | 3.60 | 4.22 | 3.83 | 4.06 | 3.73 |
| Debtors turnover | 4.57 | 3.62 | 3.48 | 4.00 | 3.29 | 3.65 | 4.41 |
| EPS (₹) | (8.44) | (4.73) | (4.98) | 1.47 | 1.76 | 2.58 | 1.21 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.40 | 0.50 | 0.50 | 0.30 | 0.15 |
| Book value per share (₹) | 26.71 | 35.16 | 12.05 | 17.50 | 16.04 | 15.08 | 12.59 |
To see the full year-wise statements and ratios of Hindware Home Innovation Limited, buy the company report.
Board of directors of Hindware Home Innovation Limited
Hindware Home Innovation has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Jaipuria Also directs: Hindware Limited, Cosmo First Limited | Director | 14 Sep 2019 | 7 Years 1 Months | Current |
| Nand Khaitan | Director | 14 Sep 2019 | 7 Years 1 Months | Current |
| Sandip Somany | Director | 28 Sep 2017 | 9 Years 1 Months | Current |
| Salil Kumar Bhandari | Director | 14 Sep 2019 | 7 Years 1 Months | Current |
| Sonali Dutta | Director | 12 Nov 2024 | 1 Years 11 Months | Current |
| Ram Babu Kabra | Director | 04 Mar 2026 | 0 Years 7 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Hindware Home Innovation Limited is audited by LODHA & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO LLP | FY 2024 | 301051E/E300284 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 52.70%, foreign institutional investors hold 5.10%, domestic institutional investors hold 3.80% and retail and other public shareholders hold 38.40%.
Sep 2026
QUARTER
52.70% Promoters
3.80% DII (Domestic Institutional)
5.10% FII (Foreign Institutional)
38.40% Retail & Others
Promoter holding - history
Now 52.70% · Sep 2026High 52.70% · Dec 2025Low 52.70% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 52.70% | 52.70% | 52.70% | 52.70% |
| Public | 47.30% | 47.30% | 47.30% | 47.30% |
Charges & borrowings
Open charges
₹269 Cr
Satisfied charges
₹30 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2019 | 100279350 | Axis Bank Limited | ₹54 Cr | Open | |
| 17 Jul 2019 | 100277620 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Open | |
| 17 Jul 2019 | 100280272 | Standard Chartered Bank | ₹55 Cr | Open | |
| 16 Jul 2019 | 100277608 | Hdfc Bank Limited | ₹85 Cr | Open | |
| 20 Jun 2019 | 100272953 | Others | ₹60 Cr | Open |
To see the full charge records of Hindware Home Innovation Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Hindware Home Innovation Limited has 8 deals on record (7 market trades, 1 rights issue); the latest was in June 2026.
Total deals
8
Market trades
7
Rights issue
1
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Market trade | ₹16.08 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Dec 2025 | Market trade | ₹13.82 Cr | Buyer: Irage Broking Services LLP Seller: Irage Broking Services LLP |
| Dec 2025 | Market trade | ₹13.86 Cr | Buyer: Irage Broking Services LLP Seller: Irage Broking Services LLP |
| Nov 2024 | Rights issue | ₹249.7 Cr | Investors: Others - Hindware Home Innovation Limited |
| Dec 2022 | Market trade | ₹29.34 Cr | Buyer: Al Mehwar Commercial Investments L.L.C. Seller: Equity Intelligence |
To see the full deal history of Hindware Home Innovation Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hindware Home Innovation Limited has 204 court cases on record: 193 filed by Hindware Home Innovation, 11 filed against it. 157 cases are pending and 47 are disposed.
Total cases
204
Filed by the company
193
Filed against the company
11
Pending
157
Disposed
47
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 202 | 9 | 156 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 204)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Bands Tradelinks LLP Anr | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Satakshi Sales and Marketing Pvt Ltd | Pending |
| District court, Sonepat, Haryana | Commercial suit | Filed by the company against Acmas Technologies (P) Ltd. Through Its Directors and 3 others | Pending |
| District court, New Delhi, Delhi | Revision petition | Filed by the company against Ms Orecal Electro Hub Private Limited and Ors | Disposed |
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed against the company by an individual | Pending |
To see the full case history of Hindware Home Innovation Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Hindware Home Innovation Limited was last rated by Care on 22 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Mar 2022 |
To see the full credit ratings and regulatory alerts of Hindware Home Innovation Limited, buy the company report.
MSME payment delays
Hindware Home Innovation Limited has 33 MSME Form 1 returns on record between 2019 and 2024, listing 20,156 overdue payments to 464 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 464)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Cloudpoint Technologies Private Limited | |||
| Air Vision India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Hindware Home Innovation Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hindware Home Innovation has 3 subsidiary companies and 1 joint venture. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
1
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Truflo Pipes Limited (Wholly Owned Subsidiary of Hindware Limited) | U25205WB2022PLC254788 | |
| Evok Homes Private Limited (Formerly Known As Hindware Home Retail Private Limited) | U51109WB2005PTC106307 | |
| Hindware Limited | U74999WB2017PLC223307 |
To see the full group structure of Hindware Home Innovation Limited, buy the company report.
Employees & EPFO
Hindware Home Innovation Limited has a workforce of 371 employees on its EPFO records as of Jan 17, 2025, across 1 active EPFO establishment.
Employee count
371
Active EPFO establishments
1
Employee growth
-18.64%
GST
Hindware Home Innovation has 28 GST registrations: 25 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
28
Active
25
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAZCS2853D1ZT | West Bengal | Active | 21 Feb 2019 |
| 19AAZCS2853D2ZS | West Bengal | Active | 27 Dec 2019 |
| 03AAZCS2853D1Z6 | Punjab | Active | 26 Jun 2019 |
| 06AAZCS2853D1Z0 | Haryana | Active | 26 Jun 2019 |
To see the full GST registrations and return filing status of Hindware Home Innovation Limited, buy the company report.
Recent activity
Hindware Home Innovation Limited has 19 board changes on record since 2017: 14 appointments and 5 cessations. The latest: Shashvat Somany was appointed as Additional Director on 01 Jul 2026.
Appointed
Shashvat Somany was appointed as Additional Director.
Filing
Hindware Home Innovation Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
Appointed
Ram Babu Kabra was appointed as Director.
AGM
Hindware Home Innovation Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Charges
A charge registered on 22 Jul 2019 via Charge ID 100278770 with Citi Bank N.A. was fully satisfied on 04 Mar 2025.
Charges
A charge registered on 22 Jan 2020 via Charge ID 100322897 with Hdfc Bank Limited was fully satisfied on 17 Feb 2025.
Ceased
Anisha Motwani ceased to be Director.
Appointed
Sonali Dutta was appointed as Director.
Ceased
Salil Kapoor ceased to be CEO.
Appointed
Salil Kapoor was appointed as CEO.
Ceased
Rakesh Kaul ceased to be CEO.
Appointed
Girdhari Lal Sultania was appointed as Director.
24 earlier events are in the company report.
News
Frequently asked questions
Hindware Home Innovation is an active public limited company based in Kolkata, West Bengal, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 28 September 2017 (9+ years old) and is registered under CIN L74999WB2017PLC222970. Listed on BSE: 542905 and NSE: HINDWAREAP.
Hindware Home Innovation reported revenue of ₹2,510.28 Cr for FY 2025-26 (down 0.5% YoY) based on consolidated financials.
Hindware Home Innovation has 7 current directors:
- Ashok Jaipuria - Director
- Nand Khaitan - Director
- Sandip Somany - Director
- Salil Kumar Bhandari - Director
- Sonali Dutta - Director
- Ram Babu Kabra - Director
- Shashvat Somany - Additional Director
The latest financial statements of Hindware Home Innovation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Hindware Home Innovation is 19AAZCS2853D1ZT, registered in West Bengal. The company has 28 GST registrations in all, of which 25 are active and 3 are cancelled or inactive. Other active GSTINs include 19AAZCS2853D2ZS (West Bengal), 03AAZCS2853D1Z6 (Punjab), 06AAZCS2853D1Z0 (Haryana).
The CIN (Corporate Identification Number) of Hindware Home Innovation is L74999WB2017PLC222970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Hindware Home Innovation is a listed company as per MCA records. Its shares are listed on both BSE (code: 542905) and NSE (symbol: HINDWAREAP).
Hindware Home Innovation has 204 court cases on record: 193 filed by the company and 11 filed against it. 157 are pending. Most are in the district courts.
Hindware Home Innovation was incorporated on 28 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kolkata.
Hindware Home Innovation has 8 deals on record (7 market trades, 1 rights issue); the latest was in June 2026.
Shashvat Somany was appointed as Additional Director on 01 Jul 2026. Ram Babu Kabra was appointed as Director on 04 Mar 2026. Anisha Motwani ceased to be Director on 10 Feb 2025. Hindware Home Innovation has 19 board changes on record in total.