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
Revenue · FY 2026
₹2,218.26 Cr
▲ 1% YoY
Net profit · FY 2026
₹31.01 Cr
Net margin 1.4%
EBITDA · FY 2026
₹221.53 Cr
EBITDA margin 10%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹9.89 Cr
Issued & subscribed
Open charges
₹1,493.29 Cr
Satisfied ₹165 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
2,321
Provident fund records
About Hindware Limited
Data last updated:
Hindware Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Hindware Home Innovation Limited. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 02 November 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 U74999WB2017PLC223307. Its GSTIN is 19AAHCB5089L1Z1 (West Bengal). The company holds 23 GST registrations, of which 22 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.89 Cr. It was formerly known as Brilloca Limited. It is led by directors including Sandip Somany (Managing Director) and Alpana Parida Shah.
Its last annual general meeting (AGM) was held on 29 June 2026, 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 financials filed for FY 2026, the company reported a revenue of ₹2,218.26 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹31.01 Cr (net margin 1.4%) and EBITDA of ₹221.53 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 12% over five years.
The company has about 2,321 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 3 brands: Hindware Italian Tiles, Brilloca and Benelave. As per MCA filings, the company has open charges of ₹1,493.29 Cr and satisfied charges of ₹165 Cr on record. Court records list 226 cases involving the company, including 211 filed by the company and 16 filed against it; 139 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in February 2023. Its 5 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles, Construction Materials), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 3 smaller; the largest is TRL Krosaki Refractories Limited with revenue of ₹2,624.5 Cr. The company has 19 MSME Form 1 returns on record between 2019 and 2024, listing 10,548 overdue payments to 648 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 brilloca.com.
Company Details of Hindware Limited
CIN U74999WB2017PLC223307
Registration Number 223307
Incorporation Date 02 November 2017
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 June 2026
Date of Balance Sheet 31 March 2026
Parent Company Hindware Home Innovation Limited
Compliance Status Active Compliant
Key People
Sandip Somany Managing Director Alpana Parida Shah Director Payal Makhija Company Secretary Recognitions & Rankings of Hindware
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address2 Red Cross Place, Kolkata, West Bengal, India – 700001
- IndustryManufacturing, Ceramics, Construction Materials, Sanitaryware & Tile
Comprehensive company report
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Associated Brands
Hindware operates multiple associated brands including Hindware Italian Tiles, Brilloca, and Benelave. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells premium ceramic and vitrified tiles online and in stores across India. | hindwareitaliantiles.com | |
| Produces high-quality pipes, fittings, and bathroom accessories. | brilloca.com | |
| Production and distribution of faucets, sanitaryware, and bathroom accessories. | benelave.com |
Business Activity
The main business activities of Hindware are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Hindware Limited
FY 2026 filings availableHindware Limited reported revenue of ₹2,218.26 Cr (up 1% YoY) for FY 2026.
Revenue · FY 2026
₹2,218.26 Cr ▲ 1%
Net profit · FY 2026
₹31.01 Cr margin 1.4%
EBITDA · FY 2026
₹221.53 Cr margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 2%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 5%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 1% growth in the latest year. EBITDA rose 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2021-22 to FY 2024-25in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹221.53 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹31.01 Cr | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2025-26 | FY 2021-22 to FY 2024-25in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10% | |
| Net Profit Margin | 1.4% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2021-22 to FY 2024-25, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hindware are in the company report.
: available in the company report
Board of Directors and KMP of Hindware Limited
Hindware Limited currently reports 7 directors and 1 key managerial person. 3 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpana Parida Shah Also directs: Cosmo First Limited, Nestle India Limited, Sparsh Infratech Private Limited and 3 more | Director | 27 Mar 2020 | 6 Years 6 Months | Current |
| Payal Makhija Also directs: Hsil Associates Limited | Company Secretary | 10 Feb 2020 | 6 Years 8 Months | Current |
| Ashok Jaipuria Also directs: Hindware Home Innovation Limited, Cosmo First Limited | Director | 12 Nov 2019 | 6 Years 11 Months | Current |
| Rainer Siegfried Simon | Director | 12 Nov 2019 | 6 Years 11 Months | Current |
| Sandip Somany Also directs: Hindware Home Innovation Limited, Agi Greenpac Limited, Indian Council of Sanitaryware Manufactures and 5 more | Managing Director | 02 Nov 2017 | 8 Years 11 Months | Current |
| Salil Kumar Bhandari Also directs: Greenpanel Industries Limited, Hindware Home Innovation Limited, Safal Skills Development Private Limited and 5 more | Director | 12 Nov 2019 | 6 Years 11 Months | Current |
Showing 6 of 8 current directors and KMP. View all directors and KMP
Peer Comparison
Hindware Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles, Construction Materials), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TRL Krosaki Refractories Limited | ₹2,624.5 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Jharsuguda, Odisha, India |
| Kohler India Corporation Private Limited | ₹2,417.4 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Hindware Limited this company | ₹2,218.26 Cr (FY 2026) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Cera Sanitaryware Limited Listed | ₹1,986.67 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mehsana, Gujarat, India |
| Simpolo Vitrified Private Limited | ₹1,695.83 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| Ramco Industries Limited Listed | ₹1,674.17 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Virudhunagar, Tamil Nadu, India |
Peers are the companies nearest to Hindware by revenue, above and below it, in the Manufacturing industry (Ceramics, Sanitaryware and Tiles, Construction Materials), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Hindware Limited is audited by LODHA & CO LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LODHA & CO LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹1,493.29 Cr
Satisfied charges
₹165 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2026 | Others | ₹42 Cr | Open |
| 16 Dec 2025 | Others | ₹40.29 Cr | Open |
| 07 Jan 2025 | Others | ₹65 Cr | Open |
| 20 Dec 2024 | Hdfc Bank Limited | ₹65 Cr | Open |
| 27 Sep 2024 | Others | ₹50 Cr | Open |
Total charge records: 18 View all charges
Deals & Funding
Hindware Limited has 2 deals on record (2 secondary share transfers); the latest was in February 2023.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: Hindware Home Innovation Limited Seller: Somany Home Innovation Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Somany Home Innovation Limited & Girdhari Lal Sultania, Somany Home Innovation Limited & Ravi Kedia, Somany Home Innovation Limited & Manoj Kumar Agarwal Seller: 4 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Hindware Limited has 226 court cases on record: 211 filed by Hindware, 16 filed against it. 139 cases are pending and 87 are disposed.
Total cases
226
Filed by the company
211
Filed against the company
16
Pending
139
Disposed
87
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 207 | 11 | 125 |
| High courts | 18 | 5 | 13 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 226)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (RFA(OS)(COMM)) | Filed against the company by Google India Private Limited | Pending |
| District court, Yadadri Bhuvanagiri, Telangana | Civil suit | Filed by the company against Agi Greenpac Limited Formerly Known As Hsil and 1 other | Pending |
| High Court, DELHI | Writ petition | Filed against the company by M/S Hindware Limited and 1 other | Pending |
| High Court | Writ petition | Filed by the company against Rajasthan State Industrial Development and Investment Corporation Limited (Riico) and 1 other | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Rajasthan State Industrial Development and Investment Corporation Limited (Riico) | Pending |
: available in 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.
MSME Payment Delays
Hindware Limited has 19 MSME Form 1 returns on record between 2019 and 2024, listing 10,548 overdue payments to 648 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 648)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Raj Plastochem Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Hindware Limited has a workforce of 2,321 employees as of Nov 24, 2024.
Employee count
2,321
Active EPFO establishments
2
Employee growth
5.74%
: available in the company report
Group Structure
Hindware has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|
Showing major subsidiaries. Total: 1.
Recent Activity
Hindware Limited has 11 board changes on record since 2017: 8 appointments and 3 cessations. The latest: Ram Babu Kabra was appointed as Director on 11 May 2026.
Charges
A charge with Others amounted to Rs. 42.00 Cr with Charge ID 101345321 was registered on 06 Jul 2026.
AGM
Hindware Limited last Annual general meeting of members was held on 29 Jun 2026 as per latest MCA records.
Charges
A charge registered on 24 Mar 2022 via Charge ID 100557934 with Others was fully satisfied on 04 Jun 2026.
Appointed
Ram Babu Kabra was appointed as Director.
Filing
Hindware Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
Charges
A charge with Others amounted to Rs. 40.29 Cr with Charge ID 101210693 was registered on 16 Dec 2025.
Ceased
Sandeep Sikka ceased to be CFO.
Charges
A charge with Others of Rs. 65.00 Cr registered on 07 Jan 2025 with Charge ID 101036649 was modified on 28 Mar 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 65.00 Cr registered on 20 Dec 2024 with Charge ID 101029703 was modified on 28 Mar 2025.
Charges
A charge with Others of Rs. 50.00 Cr registered on 27 Sep 2024 with Charge ID 100984107 was modified on 28 Mar 2025.
Charges
A charge registered on 16 Jul 2019 via Charge ID 100278765 with Citi Bank N.A. was fully satisfied on 04 Mar 2025.
Charges
A charge with Others amounted to Rs. 65.00 Cr with Charge ID 101036649 was registered on 07 Jan 2025.
38 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Hindware has 23 GST registrations: 22 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
23
Active
22
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAHCB5089L1Z1 | West Bengal | Active | 24 Jan 2019 |
| 19AAHCB5089L2Z0 | West Bengal | Active | 27 Dec 2019 |
| 01AAHCB5089L1ZI | Jammu and Kashmir | Active | 26 Jun 2019 |
| 03AAHCB5089L1ZE | Punjab | Active | 26 Jun 2019 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Hindware is an active public limited company based in Kolkata, West Bengal, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 02 November 2017 (9+ years old) and is registered under CIN U74999WB2017PLC223307.
Hindware has 8 current directors and KMP:
- Sandip Somany - Managing Director
- Alpana Parida Shah - Director
- Ashok Jaipuria - Director
- Rainer Siegfried Simon - Director
- Salil Kumar Bhandari - Director
- Shashvat Somany - Director
- Ram Babu Kabra - Director
- Payal Makhija - Company Secretary
The latest financial statements of Hindware on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 June 2026. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Hindware is 19AAHCB5089L1Z1, registered in West Bengal. The company has 23 GST registrations in all, of which 22 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAHCB5089L2Z0 (West Bengal), 01AAHCB5089L1ZI (Jammu and Kashmir), 03AAHCB5089L1ZE (Punjab).
The CIN (Corporate Identification Number) of Hindware is U74999WB2017PLC223307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindware has 226 court cases on record: 211 filed by the company and 16 filed against it. 139 are pending. Most are in the district courts.
Hindware was incorporated on 02 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kolkata.
Hindware has 2 deals on record (2 secondary share transfers); the latest was in February 2023.
The peers of Hindware by revenue are TRL Krosaki Refractories Limited, Kohler India Corporation Private Limited, Cera Sanitaryware Limited, Simpolo Vitrified Private Limited, Ramco Industries Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles, Construction Materials), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ram Babu Kabra was appointed as Director on 11 May 2026. Sandeep Sikka ceased to be CFO on 01 Apr 2025. Shashvat Somany was appointed as Director on 20 May 2024. Hindware has 11 board changes on record in total.
Hindware has 19 MSME Form 1 returns on record between 2019 and 2024, listing 10,548 overdue payments to 648 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Hindware can be reached through the website brilloca.com. Its registered office is in Kolkata, West Bengal, India.