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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 13-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-11-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
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 Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 13-11-2026   14:00:00
End date and time of board meeting 13-11-2026   16:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 77,082.00 1,39,607.00
Other income 104.00 477.00
Total income 77,186.00 1,40,084.00
2 Expenses
(a) Cost of materials consumed 23,929.00 41,332.00
(b) Purchases of stock-in-trade 22,317.00 36,983.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,346.00) (570.00)
(d) Employee benefit expense 11,500.00 22,675.00
(e) Finance costs 1,726.00 3,466.00
(f) Depreciation, depletion and amortisation expense 2,995.00 5,989.00
(f) Other Expenses
1 Power and fuel 3,335.00 6,255.00
2 Other expenses 11,849.00 22,422.00
Total other expenses 15,184.00 28,677.00
Total expenses 76,305.00 1,38,552.00
3 Total profit before exceptional items and tax 881.00 1,532.00
4 Exceptional items 0.00 83.00
5 Total profit before tax 881.00 1,615.00
6 Tax expense
7 Current tax 243.00 539.00
8 Deferred tax (16.00) (99.00)
9 Total tax expenses 227.00 440.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 654.00 1,175.00
12 Profit (loss) from discontinued operations before tax 25.00 27.00
13 Tax expense of discontinued operations 4.00 4.00
14 Net profit (loss) from discontinued operation after tax 21.00 23.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 (86.00)
16 Total profit (loss) for period 675.00 1,112.00
17 Other comprehensive income net of taxes 57.00 45.00
18 Total Comprehensive Income for the period 732.00 1,157.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 665.00 1,098.00
Total profit or loss, attributable to non-controlling interests 10.00 14.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 56.00 44.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1.00 1.00
21 Details of equity share capital
Paid-up equity share capital 1,673.00 1,673.00
Face value of equity share capital 2 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 0.76 1.28
Diluted earnings (loss) per share from continuing operations 0.76 1.28
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.03 0.03
Diluted earnings (loss) per share from discontinued operations 0.03 0.03
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.79 1.31
Diluted earnings (loss) per share from continuing and discontinued operations 0.79 1.31
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 unaudited consolidated and standalone financial results of the Company for the quarter and half year ended 30th September 2026 have been reviewed by Audit Committee and approved by the Board of Directors at their respective meetings held on 13th November 2026. 2. The Board of Directors of the Company at its meeting held on 27 March 2025 approved a Composite Scheme of Arrangement the Scheme amongst the Company HHIL Limited Hindware Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act 2013. The Scheme provides for i. the demerger of the Consumer Products Business of the Company into HHIL Limited as a going concern and ii. the amalgamation of the Remaining Transferor Company as defined in the Scheme primarily comprising the Building Products Business carried on through its investments in shares of its subsidiary i.e. Hindware Limited into and with Hindware Limited with effect from the Appointed Date of 1 April 2025. The Honble National Company Law Tribunal Kolkata Bench NCLT has sanctioned the Scheme by its order dated 14 October 2026 and the Company received the certified copy of the order on 6 November 2026. The Company is undertaking various procedural steps and is in the process of implementing the Scheme in line with the aforesaid NCLT order. The Scheme will become effective when the respective companies file the certified copy of the NCLT order with the Registrar of Companies Kolkata. As the Scheme has not become effective as on the date of approval of these financial results the financial results for the quarter and half year ended 30 September 2026 do not give effect to the Scheme. 3. During the quarter ended 30th June 2026 a. Hintastica Private Limited HPL previously a 5050 joint venture became a subsidiary of the Company on 4th June 2026 and became a wholly-owned subsidiary on 30th June 2026. Accordingly HPL has been consolidated as a subsidiary with effect from 4th June 2026 the date on which the Company obtained control. b. Pursuant to an independent valuation the Company restated its investment in HPL. It recognised under Exceptional Items an impairment loss of Rs.0.14 crore in the standalone financial results and a reversal of impairment loss of Rs.0.83 crore in the consolidated financial results. 4. The Statutory auditors of the Company have carried out a limited review of the above unaudited results. 5. The previous quarter period year figures have been rearranged regrouped wherever considered necessary.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 81,962.00
Capital work-in-progress 10,871.00
Investment property 0.00
Goodwill 191.00
Other intangible assets 15,188.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 1,295.00
Total of other non-current financial assets 1,295.00
Total non-current financial assets 1,296.00
Deferred tax assets (net) 13,007.00
Other non-current assets
1 Other non-current assets 571.00
Total of other non-current assets 571.00
Total non-current assets 1,23,086.00
2 Current assets
Inventories 63,953.00
Current financial asset
Current investments 1,623.00
Trade receivables, current 45,198.00
Cash and cash equivalents 3,010.00
Bank balance other than cash and cash equivalents 13.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 352.00
Total current financial assets 50,196.00
Current tax assets (net) 0.00
Other current assets
1 Other current assets 14,300.00
Total of other current assets 14,300.00
Total current assets 1,28,449.00
3 Non-current assets classified as held for sale 322.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 2,51,857.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,673.00
Other equity 76,280.00
Total equity attributable to owners of parent 77,953.00
Non controlling interest 689.00
Total equity 78,642.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 37,311.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Other non-current financial liabilities 17,626.00
Total of other non-current financial liabilities 17,626.00
Total non-current financial liabilities 54,937.00
Provisions, non-current 1,437.00
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 431.00
Total of other non-current liabilities 431.00
Total non-current liabilities 56,805.00
Current liabilities
Current financial liabilities
Borrowings, current 29,017.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 11,674.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 23,417.00
Total Trade payable 35,091.00
Other current financial liabilities
1 Lease Liabilities 2,425.00
2 Acceptance 12,723.00
3 Other financial liabilities 25,377.00
Total of other current financial liabilities 40,525.00
Total current financial liabilities 1,04,633.00
Other current liabilities 10,024.00
1 Other current liabilities 10,024.00
Total of other current liabilities 10,024.00
Provisions, current 584.00
Current tax liabilities (Net) 154.00
Deferred government grants, Current
Total current liabilities 1,15,395.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 1,015.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 1,73,215.00
Total equity and liabilites 2,51,857.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Consumer appliances business 10,392.00 18,900.00
2 Building products 66,709.00 1,20,735.00
3 Others 0.00 0.00
Total Segment Revenue 77,101.00 1,39,635.00
Less: Inter segment revenue 19.00 28.00
Revenue from operations 77,082.00 1,39,607.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Consumer appliances business (172.00) (138.00)
2 Building products 2,825.00 5,181.00
3 Others (4.00) 1.00
Total Profit before tax 2,649.00 5,044.00
i. Finance cost 1,726.00 3,466.00
ii. Other Unallocable Expenditure net off Unallocable income 42.00 (37.00)
Profit before tax 881.00 1,615.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Consumer appliances business 30,747.00 30,747.00
2 Building products 2,14,447.00 2,14,447.00
3 Others 117.00 117.00
Total Segment Asset 2,45,311.00 2,45,311.00
Un-allocable Assets 6,546.00 6,546.00
Net Segment Asset 2,51,857.00 2,51,857.00
4 Segment Liabilities
Segment Liabilities
1 Consumer appliances business 22,017.00 22,017.00
2 Building products 1,50,991.00 1,50,991.00
3 Others 28.00 28.00
Total Segment Liabilities 1,73,036.00 1,73,036.00
Un-allocable Liabilities 179.00 179.00
Net Segment Liabilities 1,73,215.00 1,73,215.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss 77.00 60.00
2 Share in other comprehensive income of joint venture (net of tax) 0.00 0.00
Total Amount of items that will not be reclassified to profit and loss 77.00 60.00
2 Income tax relating to items that will not be reclassified to profit or loss 20.00 15.00
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 0.00 0.00
5 Total Other comprehensive income 57.00 45.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,615.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3,479.00
Adjustments for decrease (increase) in inventories (596.00)
Adjustments for decrease (increase) in trade receivables, current (3,566.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 941.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 3,901.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 5,989.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 134.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 1,820.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 52.00
Adjustments for dividend income 0.00
Adjustments for interest income 33.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (15.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 197.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 12,303.00
Net cash flows from (used in) operations 13,918.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 487.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 13,431.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 1,500.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 331.00
Purchase of property, plant and equipment 4,228.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 37.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (394.00)
Net cash flows from (used in) investing activities (5,754.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 281.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 15,317.00
Repayments of borrowings 8,728.00
Payments of lease liabilities 1,764.00
Dividends paid 0.00
Interest paid 2,942.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (11,146.00)
Net cash flows from (used in) financing activities (9,544.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (1,867.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (1,867.00)
Cash and cash equivalents cash flow statement at beginning of period 4,877.00
Cash and cash equivalents cash flow statement at end of period 3,010.00