Hindware Home Innovation Limited

NSEI:HINDWAREAP Stock Report

Market Cap: ₹21.0b

Hindware Home Innovation Future Growth

Future criteria checks 4/6

Hindware Home Innovation is forecast to grow earnings and revenue by 66.3% and 11.9% per annum respectively. EPS is expected to grow by 63.4% per annum. Return on equity is forecast to be 18.2% in 3 years.

Key information

66.3%

Earnings growth rate

63.41%

EPS growth rate

Trade Distributors earnings growth8.7%
Revenue growth rate11.9%
Future return on equity18.15%
Analyst coverage

Low

Last updated28 May 2026

Recent future growth updates

Analysis Article Feb 16

Earnings Release: Here's Why Analysts Cut Their Hindware Home Innovation Limited (NSE:HINDWAREAP) Price Target To ₹354

As you might know, Hindware Home Innovation Limited ( NSE:HINDWAREAP ) recently reported its third-quarter numbers. The...
Analysis Article Nov 14

Hindware Home Innovation Limited (NSE:HINDWAREAP) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹346

Last week, you might have seen that Hindware Home Innovation Limited ( NSE:HINDWAREAP ) released its second-quarter...
Analysis Article Nov 16

Revenue Miss: Hindware Home Innovation Limited Fell 6.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Shareholders might have noticed that Hindware Home Innovation Limited ( NSE:HINDWAREAP ) filed its quarterly result...

Recent updates

Narrative Update Jun 26

HINDWAREAP: Upcoming Hintastica Investment Will Support Future Earnings Re Rating Potential

Analysts have revised their price target on Hindware Home Innovation to ₹300 from about ₹374, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. What’s in the News for Hindware Home Innovation A board meeting is scheduled on May 19, 2026 to consider and approve audited standalone and consolidated financial results for the fourth quarter and full year ended March 31, 2026, along with segment wise revenue, results, assets and liabilities, and a potential dividend recommendation on equity shares for the year, source: company board agenda.
New Narrative Mar 27

Premium Bathware And Pipes Headwinds Will Pressure Margins Yet Brand Initiatives Will Eventually Help

Catalysts About Hindware Home Innovation Hindware Home Innovation operates in bathware, consumer appliances and pipes, serving residential and project driven demand in India. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 12

Premium Bathware And Appliances Shift Will Support A Stronger Outlook For This Business

Catalysts About Hindware Home Innovation Hindware Home Innovation focuses on bathware, consumer appliances and plastic pipes and fittings across the Indian housing and infrastructure market. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 16

Earnings Release: Here's Why Analysts Cut Their Hindware Home Innovation Limited (NSE:HINDWAREAP) Price Target To ₹354

As you might know, Hindware Home Innovation Limited ( NSE:HINDWAREAP ) recently reported its third-quarter numbers. The...
Analysis Article Jan 13

Hindware Home Innovation (NSE:HINDWAREAP) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 11

Hindware Home Innovation Limited (NSE:HINDWAREAP) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Hindware Home Innovation Limited ( NSE:HINDWAREAP ) shares have had a horrible month, losing 25% after a relatively...
Analysis Article Nov 14

Hindware Home Innovation Limited (NSE:HINDWAREAP) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹346

Last week, you might have seen that Hindware Home Innovation Limited ( NSE:HINDWAREAP ) released its second-quarter...
Analysis Article Aug 28

Hindware Home Innovation Limited (NSE:HINDWAREAP) Stock Rockets 27% But Many Are Still Ignoring The Company

The Hindware Home Innovation Limited ( NSE:HINDWAREAP ) share price has done very well over the last month, posting an...
Analysis Article Aug 05

Is Hindware Home Innovation (NSE:HINDWAREAP) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 19

Is Hindware Home Innovation Limited (NSE:HINDWAREAP) Trading At A 44% Discount?

Key Insights The projected fair value for Hindware Home Innovation is ₹364 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Feb 19

Hindware Home Innovation Limited (NSE:HINDWAREAP) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Hindware Home Innovation Limited ( NSE:HINDWAREAP ) shareholders that were waiting for something to happen have been...
Analysis Article Nov 16

Revenue Miss: Hindware Home Innovation Limited Fell 6.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Shareholders might have noticed that Hindware Home Innovation Limited ( NSE:HINDWAREAP ) filed its quarterly result...
Analysis Article Aug 14

Hindware Home Innovation Limited Recorded A 9.0% Miss On Revenue: Analysts Are Revisiting Their Models

Last week, you might have seen that Hindware Home Innovation Limited ( NSE:HINDWAREAP ) released its first-quarter...
Analysis Article Jul 02

Hindware Home Innovation Limited's (NSE:HINDWAREAP) Shares Leap 26% Yet They're Still Not Telling The Full Story

Hindware Home Innovation Limited ( NSE:HINDWAREAP ) shares have had a really impressive month, gaining 26% after a...
Analysis Article Mar 14

Hindware Home Innovation Limited's (NSE:HINDWAREAP) Share Price Is Still Matching Investor Opinion Despite 30% Slump

To the annoyance of some shareholders, Hindware Home Innovation Limited ( NSE:HINDWAREAP ) shares are down a...
Analysis Article Jun 27

The Return Trends At Hindware Home Innovation (NSE:HINDWAREAP) Look Promising

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Jan 20

Is Hindware Home Innovation (NSE:HINDWAREAP) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 31

Hindware Home Innovation (NSE:HINDWAREAP) Will Want To Turn Around Its Return Trends

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jul 06

Hindware Home Innovation (NSE:HINDWAREAP) Knows How To Allocate Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article May 13

Here's Why I Think Somany Home Innovation (NSE:SHIL) Might Deserve Your Attention Today

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Earnings and Revenue Growth Forecasts

NSEI:HINDWAREAP - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202936,4301,962N/A2,2382
3/31/202832,3581,428N/A1,8942
3/31/202728,700836N/A1,8192
3/31/202625,452-3971,3042,579N/A
12/31/202525,696-547N/AN/AN/A
9/30/202525,284-753-1101,687N/A
6/30/202524,914-948N/AN/AN/A
3/31/202525,600-690-1011,921N/A
12/31/202426,572-406N/AN/AN/A
9/30/202427,532-1729883,160N/A
6/30/202428,149193N/AN/AN/A
3/31/202428,0954715742,408N/A
12/31/202328,265459N/AN/AN/A
9/30/202328,4614956462,575N/A
6/30/202328,639470N/AN/AN/A
3/31/202329,0415712522,208N/A
12/31/202228,223739N/AN/AN/A
9/30/202227,5691,0202541,292N/A
6/30/202226,5861,106N/AN/AN/A
3/31/202223,2122,0171,8652,261N/A
12/31/202122,4941,866N/AN/AN/A
9/30/202121,4701,8841,1791,450N/A
6/30/202119,5251,830N/AN/AN/A
3/31/202117,9235482,0612,345N/A
12/31/202015,512349N/AN/AN/A
9/30/202014,473651,0381,303N/A
6/30/202014,443-70N/AN/AN/A
3/31/202016,36923182402N/A
12/31/201929,390756N/AN/AN/A
3/31/201916,797547N/A791N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HINDWAREAP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.9%).

Earnings vs Market: HINDWAREAP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HINDWAREAP is expected to become profitable in the next 3 years.

Revenue vs Market: HINDWAREAP's revenue (11.9% per year) is forecast to grow faster than the Indian market (11% per year).

High Growth Revenue: HINDWAREAP's revenue (11.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HINDWAREAP's Return on Equity is forecast to be low in 3 years time (18.2%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/03 02:47
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hindware Home Innovation Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vineet ShankarBOB Capital Markets Ltd.
Fenil BrahmbhattChoice Equity Broking Private Limited