HINDWAREAPNSENovember 08, 2023

Hindware Home Innovation Limited

3,894words
10turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
E 8th November, 2023 The Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, 1st Floor, New Trading Ring, Rotunda Building, Mumbai-400001 (BSE Scrip Code: 542905) Listing De
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
50%
obally Hindware Home Innovation Limited Consumer Appliances Retail Subsidiary Companies JV 50% Hindware Ltd. Building Products Evok Homes Retail Pvt. Ltd. (Evok.in) B2C E-commerce HPL Water
2%
nancial Performance 9 Consolidated Financial Performance 4 2 Y F 2 Q 4 2 Y F 1 H Revenue  -2%YoY 633.9 714.8 700.4 EBITDA Margin (%) PAT  25% YoY 64.3 68.4 80.0 15.5  35% Y
25%
e 4 2 Y F 2 Q 4 2 Y F 1 H Revenue  -2%YoY 633.9 714.8 700.4 EBITDA Margin (%) PAT  25% YoY 64.3 68.4 80.0 15.5  35% YoY 20.9 (₹ in crore) Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1
35%
 -2%YoY 633.9 714.8 700.4 EBITDA Margin (%) PAT  25% YoY 64.3 68.4 80.0 15.5  35% YoY 20.9 (₹ in crore) Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 9
9.0%
% YoY 20.9 (₹ in crore) Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 9.0% 10.8% 11.4% 2.9 Revenue  -4% YoY 1,392.9 1,334.3 EBITDA Margin (%)  13%YoY 148.4
10.8%
20.9 (₹ in crore) Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 9.0% 10.8% 11.4% 2.9 Revenue  -4% YoY 1,392.9 1,334.3 EBITDA Margin (%)  13%YoY 148.4 130.9
11.4%
(₹ in crore) Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 9.0% 10.8% 11.4% 2.9 Revenue  -4% YoY 1,392.9 1,334.3 EBITDA Margin (%)  13%YoY 148.4 130.9 9.4%
4%
FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 9.0% 10.8% 11.4% 2.9 Revenue  -4% YoY 1,392.9 1,334.3 EBITDA Margin (%)  13%YoY 148.4 130.9 9.4% 11.1% PAT  -15% YoY
13%
24 Q2FY24 9.0% 10.8% 11.4% 2.9 Revenue  -4% YoY 1,392.9 1,334.3 EBITDA Margin (%)  13%YoY 148.4 130.9 9.4% 11.1% PAT  -15% YoY 28.0 23.7 H1FY23 H1FY24 H1FY23 H1FY24 H1F
9.4%
11.4% 2.9 Revenue  -4% YoY 1,392.9 1,334.3 EBITDA Margin (%)  13%YoY 148.4 130.9 9.4% 11.1% PAT  -15% YoY 28.0 23.7 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24 10
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.
Advertisement
Speaking time
Notes
4
Notes
2
Address
1
Environment
1
Social
1
Governance
1
Opening remarks
Address
Membership No.: 16068 Payal M Puri 301-302, 3rd Floor, Park Centra, Sector-30, Gurugram-122001 Q2 & H1 FY24 Financial Result Presentation November 08, 2023 “Delivering sustainable growth” “With customers at the core” 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
Environment
Hindware Home Innovation Limited is dedicated to reducing its carbon footprint, adopting energy-efficient technologies, and promoting the in use of recycled materials to minimize its environmental aligning with global sustainability benchmarks. impact,
Social
The company prioritizes social responsibility by fostering an inclusive workplace, ensuring employee well-being and safety, and promoting diversity, fairness, and development opportunities. It actively engages with stakeholders and upholds ethical standards.
Governance
It The Company values governance based on trust, transparency, and integrates ESG factors into its strategy, setting accountability. ambitious sustainability goals, and actively seeking partnerships to drive innovation and sustainability, all to ensure long-term success and resilience. 7 Fulfilling Our Sustainability Initiatives Energy efficiency is achieved through daylight harvesting, LED lights, efficient motors, and cooling, while electric belling machines and robotics enhance efficiency Water efficiency includes 'Zero' discharge, rainwater harvesting, low-flow fixtures, meter monitoring, and domestic wastewater recycling Rooftop solar energy across our plants helps in reducing carbon emissions, lowering energy costs, and enhancing energy independence Waste management practices involve process mapping, source segregation, wastewater treatment, & vermi-composting for organic waste which helps in minimizing environmental pollution, and efficient resource utilization Greenhouse gas em
Notes
• Above stated financials are rounded off and as per management reported figures 13 Bathware Business Update – H1 FY24 Revenue  2% YoY 743.4 758.2 EBITDA Margin (%)  30% YoY 124.4 95.7 (₹ in crore) EBIT Margin (%)  31% YoY 89.3 68.0 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24 12.9% 16.4% 9.1% 11.8% PBT Margin (%) Net Working Capital (Days)  23% YoY 68.0 55.5 121 119 Net Borrowing 457 261 7.5% 9.0% H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24
Notes
• Above stated financials are rounded off and as per management reported figures 14 Building Products Business - Bathware ▪ Leading player in sanitaryware & faucets segments o Brands available across price points ▪ Control over the entire value chain & a strong network of distribution & service o In-house manufacturing and sourcing capabilities of Sanitaryware and Faucets, enchances our control over processes for improved efficiency. o 577 Brand Stores for an immersive customer experience o 430+ distributors, dealers and modern retail outlets o 34,700+ active retail touchpoints o Catering to 1,200+ institutional clients o A service network of 650+ technicians pan India covering more than 700+ districts, with a TAT of 24 hours in metro markets and 48 hours in upcountry markets ▪ Building eco-system for accelerated growth o Continuing engagement with both intermediaries and end-users o Creating a platform for channel partners to manage operations efficiently o Positioning Hindware as a c
Advertisement
← All transcriptsHINDWAREAP stock page →