Hindware Home Innovation Limited
3,119words
3turns
0analyst exchanges
0executives
Key numbers — 23 extracted
rs,
rs
3,100
50%
7%
3%
46%
10%
1%
27%
24%
12%
₹6,000
Guidance — 2 items
Address
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.”
Address
opening
“28+ years of experience in project finance, business strategy, structured finance etc.”
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Speaking time
2
1
Opening remarks
Address
Membership No.: 16068 Payal M Puri 301-302, 3rd Floor, Park Centra, Sector-30, Gurugram-122001 Q1 FY24 Financial Result Presentation August 10, 2023 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 m
Notes
• Above stated financials are rounded off and as per management reported figures 22 Plastic Pipes & Fittings TRUFLO by Hindware, is the fastest growing plastic pipes and fittings brand in India o With 2000+ SKUs already being offered and many more being added, TRUFLO aims to be amongst the top 5 CPVC players in 3 years In-house manufacturing for better efficiencies & end to end logistics and supply chain control The Company offers CPVC pipes for hot and cold-water plumbing applications, along with lead-free UPVC pipes, SWR pipes, PVC pipes for potable water, column pipes and overhead water storage tanks o Currently, the business has 280+ active distributors with more than 25,000 retail outlets Best-in-class, NSF-certified (uses CPVC compound Durastream, supplied by ~US$10 Billon Sekisui Chemical Co. Ltd.) Market Size ~₹22,000 crore TRUFLO by Hindware™, addressable market size 23 Consumer Appliances Business 24 Consumer Appliances Business Update – Q1 FY24 (₹ in crore)
Notes
• • Above stated financials are rounded off and as per management reported figures *Net Borrowing figure is for Hindware Home Innovation Limited on a standalone basis 25 Consumer Appliances Business Update Core Consumer Business built over last 6 years with a leading position in Kitchen appliances and growing presence in water heating and air coolers segments Revenue stood at ₹105 crore o Market sentiment facing challenges initially on account of increased input prices and recently on account of inflationary pressure and increased interest rate. o Market expects a positive festive season unlike last year o Maintained leading position in kitchen appliances segment despite inflation and rising competition o Unseasonal rains impacted air coolers demand Currently, the business has 1,400+ distributors and 14,000+ retailers in India Successful launch of line of heating appliances at its state-of-the-art manufacturing facility in Jadcherla, Telangana, is delivering as per expectations
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