Hindware Home Innovation Limited
3,190words
3turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
rs
3,100
100%
50%
₹700 Crore
₹109 Crore
₹630 Crore
11.8%
3.8%
11.3%
9.4%
9.7%
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.”
Advertisement
Speaking time
1
1
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
Advertisement