Hindware Home Innovation Limited
3,562words
1turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs
1
rs,
rs
3,100
100%
50%
99%
36
lakh
10%
2.2 billion
₹68.3 crore
₹4,800 crore
₹9,000 crore
Guidance — 2 items
Some key innovations
opening
“– JV with Groupe Atlantic The Board of Directors approved a 50-50 JV with Groupe Atlantic, France to target higher market share of the water heater segment ● Water heater market in India is estimated to be close to 36 lakh units annually, having grown at a CAGR of 10% over the past four years presence Group Atlantic, France, a 2.2 billion Euro company with a dominant and distributing eco-friendly heating products and hot water solutions has invested ₹68.3 crore for a 50% stake in Hintastica Pvt.”
Some key innovations
opening
“Ltd (HPL) in manufacturing, developing, HPL state-of-the-art manufacturing plant will be built on a 5.7 acres plot in Telangana and is expected to get completed by Q1 2022-23.”
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Speaking time
1
Opening remarks
Some key innovations
● Water Purifiers o Flosense technology (patent applied for) in water purifiers that tells consumers the exact time to replace the RO membrane and other filters separately o “Auto Jug Fill Technology” smartly fills the jug without any manual intervention ● Kitchen Chimney: “MaxX Autoclean” and “MaxX Silence Technology” • Achelous Premium iPro Water Purifier India's 1st IoT enabled water purifier with RO membrane life alert & real-time filter alert features. IoT Innovations Ondeo Evo iPro Water Heater • Operate from anywhere, track monthly power consumption and status of your complaint 24x7 Agnis iPro Air Purifier • Equipped with geo-fencing technology, Amazon Alexa and can be seamlessly managed from anywhere using the Hindware app Hindware Konnect, Hindware’s IoT platform, brings connected and intelligent products to SHIL’s customers with a slew of features such as connected with Hindware appliances mobile app for remote operation, works with Alexa and Ok Google. Hindware was recently
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