HINDWAREAPNSEAugust 24, 2022

Hindware Home Innovation Limited

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Key numbers — 40 extracted
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NE 24th August, 2022 The Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, 1st Floor, New Trading Ring Rotunda, Dalal Street, Mumbai - 400 001 (BSE Scrip Code: 542905) Li
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%
for our plastic pipes business Hindware Home Innovation Limited^ Consumer Appliances Retail 100% Subsidiary Companies JV* 50% Hindware Ltd.# Building Products Evok Homes Retail Pvt. Ltd. (Ev
50%
Hindware Home Innovation Limited^ Consumer Appliances Retail 100% Subsidiary Companies JV* 50% Hindware Ltd.# Building Products Evok Homes Retail Pvt. Ltd. (Evok.in) B2C E-commerce HPL Water
98%
fittings segment 5 Q1 FY23 Financial Performance Q1 FY23 Performance (Consolidated) Revenue  98% YoY EBITDA  292% YoY EBITDA Margin (%) 685.6 678.1 67.2 66.7 3 2 Y F 1 Q 342.3 (₹ in
292%
Q1 FY23 Financial Performance Q1 FY23 Performance (Consolidated) Revenue  98% YoY EBITDA  292% YoY EBITDA Margin (%) 685.6 678.1 67.2 66.7 3 2 Y F 1 Q 342.3 (₹ in crore) PBT (before
907%
) 685.6 678.1 67.2 66.7 3 2 Y F 1 Q 342.3 (₹ in crore) PBT (before exceptional items)  907% YoY 51.5 30.8 Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 17.0 5
5.0%
% YoY 51.5 30.8 Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 17.0 5.0% 9.8% 9.8% 3.1 Note: Q1 FY23 is the first quarter post acquisition of the Building Products man
9.8%
51.5 30.8 Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 17.0 5.0% 9.8% 9.8% 3.1 Note: Q1 FY23 is the first quarter post acquisition of the Building Products manufactu
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products such as Easy Clean and Ellipse o Expanded distribution network, added 75+ new distributors 265.3 (₹ in crore) Revenue  102% YoY 550.0 535.0  Financial performance underscores continued str
102%
ipse o Expanded distribution network, added 75+ new distributors 265.3 (₹ in crore) Revenue  102% YoY 550.0 535.0  Financial performance underscores continued strong customer preference o
₹535 crore
l performance underscores continued strong customer preference o Revenue higher by 102% Y-o-Y to ₹535 crore o EBIT increased by 185% Y-o-Y by to ₹ 43 crore  Decline in Bathware EBIT on a Q-o-Q basis result
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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Speaking time
Notes
3
Membership No.
1
About Us
1
Opening remarks
Membership No.
Payal M Puri 301-302, 3rd Floor, Park Centra, Sector-30, Gurugram-122001 16068 Investor Presentation August 24, 2022 1 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 contents of this presentation, without obligation to notify any persons of such change or changes. This presentation and its contents are confidential and may not be copied, published, rep
About Us
The company is refreshing its identity to 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 Hindware Home Innovation Limited^ Consumer Appliances Retail 100% Subsidiary Companies JV* 50% Hindware Ltd.# Building Products Evok Homes Retail Pvt. Ltd. (Evok.in) B2C E-commerce HPL Water Heater o Consumer Appliances Business – innovative offerings across varied product categories o Retail Business - Specialty home interior products under the brand ‘Evok’  Hintastica Pri
Notes
1. Q1 FY23 is the first quarter post acquisition of the Building Products manufacturing division of AGI Greenpac Limited (formerly HSIL Limited), by wholly owned subsidiary Hindware Limited. Hence, the consolidated results for the quarter ended 30th June 2022 are not comparable with 31st March 2022 and 30th June 2021 2. Above stated financials are rounded off and as per management reported figures 9 Q1 FY23 – Plastic Pipes & Fittings Business Update  Delivered encouraging growth of 97% Y-o-Y with revenue at ₹171 crore; Continues to be the fastest growing plastic pipes brand in India o Rising brand awareness and superior product quality remain the driving forces behind higher sales, volumes, and market share o Enhanced connect with plumbers through training programs o Started channel partner incentive programs o Additional 200 + SKU’s introduced o Strong market demand for overhead water storage tanks  Towards enhancing reach and market access, a new manufacturing facility is being set
Notes
1. Q1 FY23 is the first quarter post acquisition of the Building Products manufacturing division of AGI Greenpac Limited (formerly HSIL Limited), by wholly owned subsidiary Hindware Limited. Hence, the consolidated results for the quarter ended 30th June 2022 are not comparable with 31st March 2022 and 30th June 2021 2. Above stated financials are rounded off and as per management reported figures 11 Q1 FY23 – Consumer Appliances Business Update  Strong product and brand salience helps reduce impact of highly inflationary environment that has affected demand sentiment o Revenue grew 93% to ₹128 crore, higher growth rate also attributable to low base in Q1 FY22 o EBIT came in at ₹2.2 crore  Undertook price hikes to help combat impact of stubborn input prices; EBIT margins for the quarter improved to 2% for the quarter  Continued focus on new product introductions: 5 new models with over 13 SKUs launched across product categories in Q1 FY23 12 Q1 FY23 – Consumer Appliances Business Up
Notes
1. * Net Bank debt figure is for Hindware Home Innovation Limited on standalone basis 2 . Above stated financials are rounded off and as per management reported figures 13 Q1 FY23 – Retail Business Update  Delivered steady performance in the quarter despite margin constraints o Revenue stood at ₹14 crore, registering a growth of 48% Y-o-Y o EBIT remained flattish and came in at ₹0.12 crore translating into an EBIT margin of 1%  Improved strategy to highlight franchises & online retail through owned websites like www.evok.in and other e-commerce platforms in order to sustain profitability  EVOK has improved its omni-channel presence owing to an approach comprising online shopping and EVOK franchise stores nationwide.  Breakthrough achieved in the Project segment - made one office for a large PSU Revenue  48% YoY 15.0 14.0 9.5 ) e r o r c n i ₹ ( EBIT Margin (%) -1.0 -10.5% 1.3 8.6% 0.1 0.9% Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 14 Business Segments Overview Building Products Se
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