HINDWAREAPNSEQ4 & FY2227 May 2022

Hindware Home Innovation Limited

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Key numbers — 40 extracted
rs,
NLINE 27th May, 2022 The Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, 1st Floor, New Trading Ring, Rotunda Building Mumbai - 400 001 (BSE Scrip Code: 542905) Listing
rs 3,100
Outlook across product segments and geographies Retail Touch Points 35,000+ Distribution Partners 3,100+ Modern & Retail Outlets 700+ Omni-channel presence 3 Distinct Channels Sanitaryware & Faucet
100%
p in heating solutions globally Hindware Home Innovation Limited^ Consumer Appliances Retail 100% Subsidiary Companies JV* 50% Hindware Ltd.# Building Products Hindware Home Retail Pvt. Ltd.
50%
Hindware Home Innovation Limited^ Consumer Appliances Retail 100% Subsidiary Companies JV* 50% Hindware Ltd.# Building Products Hindware Home Retail Pvt. Ltd. (Evok.in) B2C E-commerce HPL Wa
₹700 Crore
acquired the building products manufacturing undertaking for a total slump sale consideration of ~ ₹700 Crore#  The slump sale transaction consummated effective closing business hours of 31st March 2022 
₹109 Crore
#  The slump sale transaction consummated effective closing business hours of 31st March 2022  ₹109 Crore has been paid as an advance under slump sale and the balance slump sale consideration is being paid
₹630 Crore
22 is completed and accordingly slump sale consideration has been arrived ~ ₹700 Crore instead of ~ ₹630 Crore ^Formerly Somany Home Innovation Limited 6 Q4 & FY22 Financial Performance Q4 & FY22 Performanc
11.8%
FY22 Financial Performance Q4 & FY22 Performance (Consolidated) 2 2 Y F 4 Q 2 2 Y F Revenue  11.8% YoY 613.3 649.0 685.6 EBITDA  (3.8%) YoY EBITDA Margin (%) 69.9 11.3% 62.0 9.4% 67.2
3.8%
ormance (Consolidated) 2 2 Y F 4 Q 2 2 Y F Revenue  11.8% YoY 613.3 649.0 685.6 EBITDA  (3.8%) YoY EBITDA Margin (%) 69.9 11.3% 62.0 9.4% 67.2 9.7% (₹ in crore) PAT  81% YoY 35.8
11.3%
2 Y F Revenue  11.8% YoY 613.3 649.0 685.6 EBITDA  (3.8%) YoY EBITDA Margin (%) 69.9 11.3% 62.0 9.4% 67.2 9.7% (₹ in crore) PAT  81% YoY 35.8 40.3 22.3 Q4FY21 Q3FY22 Q4FY22
9.4%
e  11.8% YoY 613.3 649.0 685.6 EBITDA  (3.8%) YoY EBITDA Margin (%) 69.9 11.3% 62.0 9.4% 67.2 9.7% (₹ in crore) PAT  81% YoY 35.8 40.3 22.3 Q4FY21 Q3FY22 Q4FY22 Q4FY21 Q3F
9.7%
Y 613.3 649.0 685.6 EBITDA  (3.8%) YoY EBITDA Margin (%) 69.9 11.3% 62.0 9.4% 67.2 9.7% (₹ in crore) PAT  81% YoY 35.8 40.3 22.3 Q4FY21 Q3FY22 Q4FY22 Q4FY21 Q3FY22 Q4FY22
Guidance — 1 items
Membership No.
opening
By attending this presentation you acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Company’s business.
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Membership No.
1
About Us
1
Note
1
Opening remarks
Membership No.
Payal M Puri 301-302, 3rd Floor, Park Centra, Sector-30, Gurugram-122001 16068 Corporate Office: 68, Echelon Inst. Area, Sector-32, Gurugram, Haryana-122 001, India, T. +91 124 2889300 ACCELERATING GROWTH ASPIRATIONS AGILE | FLEXIBLE | INNOVATIVE Q4 & FY22 Financial Result Presentation May 26th, 2022 Disclaimer This presentation has been prepared by Hindware Home Innovation Limited (formerly Somany Home Innovation Limited) (the “Company”) solely for your information and may not be distributed, reproduced, or redistributed or passed on directly or indirectly to any other person, whether within or outside your organization or firm, or published in whole or in part, for any purpose by recipients directly or indirectly to any other person. By accessing this presentation, you agree to be bound by the following restrictions and to maintain absolute confidentiality regarding the information disclosed in these materials. The Company may alter, modify or otherwise change in any manner the conte
About Us
The company is renamed Hindware Home Innovation Limited^  A Consumer Appliances and Building Products Company  Owner of Hindware, a reliable and trusted brand across India  Leveraging innovation and expansive distribution infrastructure across businesses o Building Products Business – • Well entrenched distribution network supported by strong and efficient manufacturing and sourcing capabilities − Leading player in sanitaryware & faucets space − Leading growth in plastic pipes and fittings solutions − Expanding manufacturing to cater to markets across geographies for our plastic pipes business o Consumer Appliances Business – innovative offerings across varied product categories o Retail Business - Specialty home interior products under the brand ‘Evok’ Hintastica Private Limited (HPL) is a 50:50 JV with Groupe Atlantic, a leading French Group in heating solutions globally Hindware Home Innovation Limited^ Consumer Appliances Retail 100% Subsidiary Companies JV* 50% Hindware Ltd.# B
Note
i) ii) Gain of ₹34.75 crore in FY22 on account of slump sale of Water Heater business undertaking by the Company to HPL (then a wholly owned subsidiary) Fair value gain (net) of ₹66.11 crore in FY22 of its investment in HPL on account of loss of control of subsidiary (as per Ind AS 110) 8 Q4 FY22 – Building Products Business Update  Continued to outperform the Sanitaryware and Faucets segment o Growth driven by new product introductions and strengthening of distribution network in Tier 2 and Tier 3 markets, brand salience, and booming real estate & renovation market demand  Financial performance underscores continued strong customer preference o Revenue higher by 19.8% Y-o-Y to ₹550 crore o EBIT increased by 4.5% Y-o-Y by to ₹57 crore  Rising Crude and commodity inflation temper margins. Increasing cost is expected to be passed on in the coming quarters Revenue  19.8% YoY 459.0 496.3 550.0 EBIT Margin (%)  4.5% YoY 54.6 11.9% 46.2 9.3% 57.1 10.4% ) e r o r c n i ₹ ( Q4FY21 Q3FY22
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