Hindware Home Innovation share price today

Hindware Home Innovation Ltd's share price was ₹167.78 at the close on 4 November 2026. It has been falling for 42 weeks. That is 22.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹162 and ₹371, and at that close it sat 3% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Hindware Home Innovation Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 17 weeks running.

Over the last 6.9 years the share price moved +18% while the NIFTY 500 moved +121%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 10 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

One change stood out: profit up on a year earlier for 4 quarters in a row.

1. Profit up on a year earlier for 4 quarters in a row

   In the June 2026 quarter profit was ₹4 crore, +115% on a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), Hindware Home Innovation reported revenue of ₹625 crore, up 17.7% from ₹531 crore a year earlier, and a profit of ₹4.37 crore, against a loss of ₹29.1 crore a year earlier.

Hindware Home Innovation results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 20 May 2026, about January to March 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Hindware Home Innovation closed at ₹167.78 on 4 November 2026, down 54.7% from ₹370.50 a year earlier (7 November 2025) and down 61.9% over five years. Its highest weekly close since December 2019 was ₹600.74 on 4 August 2023.

Hindware Home Innovation share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

364 weekly closes from 27 December 2019 to 4 November 2026.

4 Nov 2026: Hindware Home Innovation closed at ₹167.78, up 0.4% on the week and down 1.5% on the month. Results for April to June 2026: Revenue up 17.7% on a year earlier.

Earlier

• 20 May 2026: Hindware Home Innovation held its results call for January to March 2026. Management guided: Bathware FY27 revenue growth 15-20 percent with 1-2 percent operating margin expansion.

Hindware Home Innovation paid no dividend in the 12 months to 5 November 2026. The last was a dividend of ₹0.40 a share, ex-date 22 August 2024.

Hindware Home Innovation dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Not in its latest year. Hindware Home Innovation Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 5 of its last 8 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

On the call for January to March 2026, held on 20 May 2026, Hindware Home Innovation's management guided: Bathware FY27 revenue growth 15-20 percent with 1-2 percent operating margin expansion.

“We expect a comfortable positive profitability in Q1 FY27 itself and the full year will definitely be positive”Management, on Consumer Appliances profitability inflection, on the call for January to March 2026

What management guided

• Consumer Appliances FY27 revenue growth 15-20 percent; operating profit profitability expected April to June 2026; 8-10 percent operating margin goal within FY27-FY28 - mix of prepared (growth) and extracted (profitability timing, margin goal) specificity, ranges.
• Pipes business aiming for 14-15 percent volume growth in FY27 with pricing realization improving as PVC resin prices stabilize around ₹85-90 per kg.
• Consolidated operating margin expansion 1.5-2 percent annually over next 2 years; net debt reduction of 30-40 percent over 2 years; ₹145-150 crore debt repayment in FY27.
• Consumer Appliances quarterly revenue goal of ₹100 crore run rate by Q1-July to September 2026.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for January to March 2026, 20 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

When Hindware Home Innovation reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Consumer Appliances April to June 2026 operating profit profitability materialization: Management explicitly committed to positive operating profit in Q1 after years of losses; will verify against Q1 earnings print to confirm turnaround narrative credibility.

Hindware Home Innovation is not on any of our India lists this week.

Hindware Home Innovation Ltd earned ₹4.4 Cr of net profit in the Jun 2026 quarter. The full FY26 year was a loss of ₹39.0 Cr. That is 0.7% of the quarter's revenue. The same quarter a year earlier lost ₹29.1 Cr. 6 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Hindware Home Innovation Ltd reported ₹625 Cr of revenue in the Jun 2026 quarter, +17.7% on the same quarter a year earlier. Over 7 years it has grown 6.0% a year on average. The last full year, FY26, came in at ₹2,510 Cr. The last four reported quarters add to ₹2,604 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹2,510 Cr, −0.5% on the year before.

Recent pace: the last four quarters grew +6.9% on average, against 6.0% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +6.1%, against −2.8% a year over the last 8 quarters (accelerating).

Hindware Home Innovation Ltd's operating margin was 8.0% in the Jun 2026 quarter, 1.2 percentage points lower than the same quarter a year ago. Across 8 years it has been between 5.0% and 9.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.2 percentage points on the year while gross margin changed −1.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 239% of Hindware Home Innovation Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹258 Cr of operating cash against −₹39.0 Cr of profit. After ₹126 Cr of spending on assets, ₹132 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 239% of profit came in as cash: the cash cycle got 34 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Hindware Home Innovation Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 160 days in FY26, up from 126 days in FY21. It spent ₹508 Cr on assets over the last 3 years. Customers take 61 days to pay, and stock sits for 341 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,510 Cr, each day of that cycle ties up about ₹6.9 Cr, so roughly ₹1,100 Cr is tied up in the business at any time.

FY26: customers took 61 days to pay and stock sat for 341 days, about 11.2 months of sales sitting as stock, for a full cycle of 160 days, longer than FY21's 126.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 341 days. Customers pay about 61 days after that. Suppliers are paid at 242 days. Together that makes the 160-day cycle.

Spending on assets: ₹508 Cr over the last 3 years, against ₹363 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹94.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Hindware Home Innovation Ltd's P/E is 181.1×, near the high end of its own history: higher than 94% of past readings. Its usual P/E (the middle reading) is 56.4×, over 6.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Where the price move came from: over 5 years the price moved −17.6% a year; about −29.2% a year came from earnings growth and about +11.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Hindware Home Innovation Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −504.2% in the latest quarter, against −33.3% at its best in 12 quarters, with ROCE steady at 8.5%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Hindware Home Innovation Ltd earned a ROCE of 7% in FY26. That is up from a low of 4% in FY25. Its return on capital used (ROIC) is 16.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a −1.6% net margin and 1.02× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a −1.6% net margin × 1.02× asset turnover × 3.33× leverage (assets divided by equity) ≈ −5.4% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: −4.8% − 12.0% = −16.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The −4.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 5.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Hindware Home Innovation Ltd has total debt of ₹965 Cr against shareholder equity of ₹746 Cr as of Jun 2026, so its debt is 1.29× its equity. Year by year, that ratio went from 0.71 in FY22 to 1.29 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions cut their stake in Hindware Home Innovation Ltd by 3.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 3.7% of the company. Promoters moved +1.4 points over the same period, to 52.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −3.3 points over 8 quarters, to 3.7%; Promoters: +1.4 points over 8 quarters, to 52.7%; Foreign institutions: −0.5 points over 8 quarters, to 5.1%.

Why the owners changed: domestic institutions drove it (−3.3 points), with the other side taken by promoters (+1.4 points). They reduced their stake.

For Hindware Home Innovation Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

34.9 out of 100, rank 6 of 6 in Ceramics/Tiles/Sanitaryware, with 68% of the evidence available.

Hindware Home Innovation Ltd scores 34.9 out of 100 against the 6 companies it is compared with in Ceramics/Tiles/Sanitaryware, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 15.6 + 5.4 + 10 + 3.9 = 34.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Hindware Home Innovation ranks 6 of 6 Ceramics/Tiles/Sanitaryware companies on the 4-Factor Sector Score, with 34.9 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Ceramics/Tiles/Sanitaryware, all 6 compared on one page.

Hindware Home Innovation is the 5th largest of 6 Ceramics/Tiles/Sanitaryware companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Kajaria Ceramics, Cera Sanitaryware, Somany Ceramics and Nitco. Just below it: Asian Granito India.

Ceramics/Tiles/Sanitaryware companies close in size

1. Kajaria Ceramics Ltd ₹17,430 crore
2. Cera Sanitaryware Ltd ₹5,683 crore
3. Somany Ceramics Ltd ₹2,211 crore
4. Nitco Ltd ₹1,741 crore
5. Hindware Home Innovation Ltd ₹1,392 crore
6. Asian Granito India Ltd ₹1,360 crore

All 6 Ceramics/Tiles/Sanitaryware companies, largest first

Companies close in size in other industries

1422. Indo Borax & Chemicals Ltd ₹1,394 crore · Chemicals - Inorganic
1423. MIRC Electronics Ltd ₹1,394 crore · Consumer Electronics
1424. Hindware Home Innovation Ltd ₹1,392 crore
1425. Investment & Precision Castings Ltd ₹1,392 crore · Castings - Steel/Alloy
1426. Hi-Tech Pipes Ltd ₹1,390 crore · Steel - Tubes/Pipes

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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