Hawkins Cookers September revenue rises 33.6% to Rs 422.72 crore

Hawkins Cookers Limited reported revenue from operations of Rs 422.72 crore for the quarter ended September 30, 2026, up 33.6% year on year, while net profit rose 29.9% to Rs 41.50 crore. The sales increase of Rs 106.25 crore was accompanied by a 33.9% rise in total expenses to Rs 370.98 crore.

How did Hawkins Cookers perform in the September 2026 quarter?

Hawkins Cookers increased September-quarter revenue, profit before tax and net profit from a year earlier. Revenue from operations rose from Rs 316.47 crore in the quarter ended September 2025, while total income increased 32.9% to Rs 425.21 crore from Rs 319.98 crore. Other income declined to Rs 2.48 crore from Rs 3.52 crore, meaning operations accounted for most of the total-income increase.

Hawkins Cookers also improved sequentially from the quarter ended June 2026, when revenue was Rs 318.13 crore and net profit was Rs 30.38 crore. September-quarter profit before tax was Rs 54.23 crore, up from Rs 40.87 crore in June 2026, and exceptional items were nil in both periods. Basic and diluted earnings per share, not annualised for interim periods, rose to Rs 78.48 from Rs 60.43 a year earlier.

Why did Hawkins Cookers' profit growth lag revenue growth?

Hawkins Cookers' net profit grew more slowly than revenue because total expenses increased 33.9%, slightly ahead of the 33.6% rise in revenue. Cost of materials consumed increased by Rs 73.71 crore, or 62.2%, to Rs 192.23 crore from Rs 118.52 crore. That was the largest absolute increase among the disclosed September-quarter expense lines.

Purchases of stock-in-trade rose to Rs 50.41 crore from Rs 35.43 crore, employee benefits expense increased to Rs 38.83 crore from Rs 32.78 crore, and other expenses rose to Rs 100.56 crore from Rs 83.72 crore. Finance costs were Rs 1.71 crore against Rs 1.31 crore, while depreciation and amortisation increased to Rs 4.06 crore from Rs 3.25 crore. Changes in inventories were negative Rs 16.82 crore, compared with a positive Rs 2.01 crore a year earlier, reducing reported expenses in the September 2026 quarter.

Calculated from the reported figures, net profit was about 9.8% of September-quarter revenue, compared with about 10.1% in September 2025. Hawkins Cookers reports one segment, manufacture, trading and sale of kitchenware, so the filing does not provide revenue or profit by product category, geography, pricing or sales volume.

What were Hawkins Cookers' half-year results to September 2026?

Hawkins Cookers reported revenue from operations of Rs 740.85 crore for the half year ended September 30, 2026, up 33.4% from Rs 555.55 crore in the corresponding period of 2025. Net profit rose 24.2% to Rs 71.88 crore from Rs 57.89 crore, while profit before tax increased 22.2% to Rs 95.11 crore from Rs 77.85 crore.

First-half material consumption rose to Rs 345.39 crore from Rs 225.90 crore, purchases of stock-in-trade increased to Rs 84.76 crore from Rs 64.13 crore, and other expenses reached Rs 190.20 crore from Rs 143.60 crore. Changes in inventories were negative Rs 50.17 crore, against negative Rs 20.21 crore in the prior-year half. Earnings per share rose to Rs 135.94 from Rs 109.48, with paid-up equity share capital unchanged at Rs 5.29 crore.

What did Hawkins Cookers disclose on cash flow and review?

Hawkins Cookers recorded net cash used in operating activities of Rs 0.29 crore in the half year ended September 2026, compared with net cash generated from operating activities of Rs 52.44 crore in the corresponding half year. The cash-flow statement reported income taxes paid of Rs 18.81 crore, compared with Rs 16.92 crore, alongside changes in working-capital items.

Net cash from investing activities was Rs 50.39 crore for the September 2026 half year, compared with net cash used of Rs 23.44 crore a year earlier. The filing recorded a Rs 69.49 crore decrease in fixed deposits with banks and Rs 22.87 crore of purchases of property, plant and equipment. Net cash used in financing activities was Rs 73.05 crore, including Rs 74.03 crore of dividends paid and Rs 2.43 crore of finance costs paid.

The combined effect was a Rs 22.95 crore decrease in cash and cash equivalents during the half year, compared with a Rs 38.41 crore decrease in the prior-year period. Cash and cash equivalents were Rs 5.08 crore at September 30, 2026, against Rs 15.69 crore at March 31, 2026. Kalyaniwalla & Mistry LLP completed a limited review dated November 12, 2026, and said nothing had come to its attention indicating a material misstatement or inadequate disclosure under Regulation 33.

Conclusion

Hawkins Cookers' September-quarter revenue rose by Rs 106.25 crore to Rs 422.72 crore, while net profit increased by Rs 9.55 crore to Rs 41.50 crore. First-half revenue reached Rs 740.85 crore and net profit reached Rs 71.88 crore. Expenses grew faster than revenue in both the quarter and half year, led by higher material consumption, which coincided with a narrower calculated quarterly net-profit margin.

The filing does not disclose a future sales target, expansion plan, unresolved operating matter or scheduled business event. The dated governance event disclosed was the Board's November 12, 2026 approval of the unaudited results, so the announcement provides no company-stated forward milestone beyond the reported September 30, 2026 period.