Integrated Filing — IndAS



General information about company
Scrip Code 542905
NSE Symbol HINDWAREAP
MSEI Symbol NOTLISTED
ISIN INE05AN01011
Name of company HINDWARE HOME INNOVATION LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 12-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-Aug-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Consumer Appliances Business
Start date and time of board meeting 12-Aug-2025   13:45:00
End date and time of board meeting 12-Aug-2025   17:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default on loans and debt securities



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 712200000
Other income 107700000
Total income 819900000
2 Expenses
(a) Cost of materials consumed 0
(b) Purchases of stock-in-trade 308500000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 84800000
(d) Employee benefit expense 124200000
(e) Finance costs 16300000
(f) Depreciation, depletion and amortisation expense 39100000
(f) Other Expenses
1 Power and Fuel 300000 300000
2 Other Expenses 203000000 203000000
Total other expenses 203300000
Total expenses 776200000
3 Total profit before exceptional items and tax 43700000
4 Exceptional items -494900000
5 Total profit before tax -451200000
6 Tax expense
7 Current tax 0
8 Deferred tax -162800000
9 Total tax expenses -162800000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations -288400000
12 Profit (loss) from discontinued operations before tax 2200000
13 Tax expense of discontinued operations 800000
14 Net profit (loss) from discontinued operation after tax 1400000
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period -287000000
17 Other comprehensive income net of taxes 1100000
18 Total Comprehensive Income for the period -285900000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 167300000
Face value of equity share capital 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -3.45
Diluted earnings (loss) per share from continuing operations -3.45
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.02
Diluted earnings (loss) per share from discontinued operations 0.02
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -3.43
Diluted earnings (loss) per share from continuing and discontinued operations -3.43
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The above financial results of the Company for the quarter ended 30th June 2025 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on 12th August 2025. n2. During the quarter ended 30th June 2025 ni. In a strategic move to concentrate on kitchen appliances business including chimneys, hobs and cooktops, the Company has downscaled certain high loss making product categories viz. traded goods of its Consumer Appliances Business viz. air coolers, other than through the ecommerce channel, ceiling and other fans, air purifiers, water purifiers, and furniture fittings. nii Following the above, the company has also downscaled its warehouse capacity to optimize its operational costs and terminated long term lease of a large warehouse taken for products storage. Upon termination of aforesaid long term lease, the company has recognised Other Income amounting to nRs. 6.00 crore, previous corresponding period Rs. 2.11 crore as per Ind AS 116. n3. The Board in its meeting held on 12th August, 2025 has approved discontinuation of aforesaid product categories, as stated in note no. 2 above with a view to focus and concentrate on core business activities related with kitchen appliances and air coolers, through the e commerce channel and has also approved sale or liquidation of various assets relating to aforesaid discontinued product categories. Basis above, the Company is in the process of assessing the item wise realisability of carrying value of assets, including property, plant and equipment, current and other assets of aforesaid discontinued trading goods and based on preliminary assessment, the company in its financial statements for the quarter ended 30th June 2025 has made a provision amounting to Rs. 49.49 crore. The same is being shown as Exceptional Items in the financial results for the quarter ended 30th June 2025. The additional impact, if any post sale or liquidation of assets will be provided as and when finally settled, however in opinion of the management same would not be material. The revenues relating to discontinued trading goods during the quarter ended 30th June 2025 is Rs. 0.37 crore, quarter ended 30th June 2024 Rs. 30.17 crore. Accordingly, the figures for the quarter ended 30th June 2025 are not comparable with the figures of previous quarters. By focusing on the kitchen appliance business, management aims to speed up the turnaround. n4. The Board of Directors of the Company, in its meeting held on 27th March 2025 had approved a Composite Scheme of Arrangement, the Scheme under section 230 to 232, read with section 66 and other applicable provisions of the Companies Act 2013 and the provisions of other applicable laws, amongst the Company, the Demerged Company or Remaining Transferor Company, Hindware Limited Transferee Company and HHIL Limited, Resulting Company and their respective shareholders and creditors. The Scheme provides for the demerger of the Consumer Products Business of the Demerged Company and the amalgamation of the Remaining Transferor Company, as defined in the Scheme with and into Transferee Company. The Appointed Date for the Scheme is 1st April 2025, or such other date as may be mutually agreed by the respective Board of the Companies or any such date approved by the Honble National Company Law Tribunal, NCLT or any other competent authority. The Scheme is subject to the approval of the BSE Limited, the National Stock Exchange of India Limited, SEBI, shareholders and creditors of the Company and such other necessary approvals as may be required, and the sanction thereof of the Scheme by NCLT. The Company has applied to the BSE Limited and the National Stock Exchange for requisite approval of the Scheme and the approvals are awaited. n5. Figures for the quarter ended 31st March 2025 represent balancing figures between audited figures for the full financial year and published year to date figures up to 31st December 2024. n6. The Statutory auditors of the Company have carried out a limited review of the above unaudited results. n7. The previous quarter, period, year figures have been rearranged or regrouped, wherever considered necessary. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Item that will not be reclassified to profit or loss 1600000 1600000
Total Amount of items that will not be reclassified to profit and loss 1600000
2 Income tax relating to items that will not be reclassified to profit or loss 500000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 1100000