Hindware Home Innovation Ltd reports ₹770.82 crore Q2 revenue

Hindware Home Innovation Ltd reported consolidated revenue of ₹770.82 crore for Q2 FY27, up 14.0% year on year, while consolidated net profit increased 29.0% to ₹6.54 crore for the quarter ended 30 September 2026. The results were approved at the company’s board meeting on 13 November 2026 alongside key management appointments.

What did Hindware report for Q2 FY27?

Hindware reported consolidated revenue from operations of ₹770.82 crore in the July-September quarter of FY27. The reported revenue growth of 14.0% year on year indicates higher business volumes compared with the corresponding quarter of the previous financial year.

Consolidated EBITDA stood at ₹56.02 crore, translating into an EBITDA margin of 7.3%. Consolidated net profit was ₹6.54 crore, 29.0% higher year on year. The company’s results relate to both the second quarter and the first half ended 30 September 2026, which were considered by the board at its 61st meeting.

The board had previously notified the exchanges that it would consider unaudited standalone and consolidated financial results, segment-wise revenue and results, assets and liabilities, and the half-year cash flow statement. The 13 November meeting also dealt with routine matters placed before the board.

Why did Hindware change its senior management?

Hindware appointed Nitesh Raj as Chief Executive Officer, Amit Bali as Chief Financial Officer, and Kushal Jain as Company Secretary and Compliance Officer, with all appointments effective 13 November 2026. These changes followed the earlier resignation of Naveen Malik and Payal M Puri from the parent company’s key managerial positions.

Malik had served as Chief Executive Officer and Chief Financial Officer, while Puri was Company Secretary and Compliance Officer. Their resignations took effect at the close of business on 3 November 2026. The company stated that both executives were being transferred to Hindware Limited, its operating subsidiary, as part of an internal reorganisation and manpower reallocation.

The supplied disclosures state that Malik and Puri would continue to manage affairs at the subsidiary level as CFO and Company Secretary, respectively. The appointment of Raj, Bali and Jain at the parent company establishes the new management structure disclosed at the Q2 FY27 results meeting.

What does the result say about Hindware’s recent performance?

Hindware’s Q2 profit followed a return to profitability in Q1 FY27. For the June 2026 quarter, the company had reported consolidated net profit of ₹4.4 crore, compared with a net loss of ₹29.2 crore in the corresponding quarter a year earlier, while consolidated revenue was about ₹625 crore.

The Q2 revenue figure of ₹770.82 crore was higher than the Q1 revenue reported in the supplied information. However, the disclosures do not provide comparable quarter-on-quarter EBITDA or profit figures, so the available data does not establish the extent of sequential changes in operating margin or profitability.

The company attributed Q1 revenue growth to strategic restructuring efforts and the consolidation of its premium appliances business. For Q2, the reported information provides the financial outcome but does not specify a separate revenue driver by business line or segment.

How were Hindware’s Q2 results reviewed?

Hindware’s auditors issued unmodified limited-review conclusions on the financial results. An unmodified conclusion means the auditors did not report a qualification in their limited review of the information covered by their report.

The disclosure also noted that financial results of five subsidiaries were not independently reviewed. This is an important qualification about the scope of review rather than a reported modification to the auditors’ overall limited-review conclusion.

The results were considered under the disclosure framework cited by the company, including Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board’s scheduled agenda had included standalone and consolidated results, segment information, assets and liabilities, and the cash flow statement for the first half of FY27.

Conclusion

Hindware’s Q2 FY27 update combines 14.0% revenue growth, a 29.0% increase in net profit and a 7.3% EBITDA margin with a change in the company’s senior management. The ₹770.82 crore revenue and ₹6.54 crore net profit provide the principal financial markers from the board-approved quarterly disclosure.

Investors will next watch subsequent financial disclosures for segment-level detail, operating-margin movement and the execution of the new management structure. The supplied board notice confirms that the company’s half-year results package includes segment information, assets and liabilities, and cash flow data for the period ended 30 September 2026.