Hindware Home Innovation LimitedHINDWAREAPNSE
Outcome of Board Meeting held on May 24, 2025
As filed · Hindware Home Innovation Limited has informed the Exchange regarding Outcome of Board Meeting held on May 24, 2025.
EarningsNotablemateriality 73 out of 100
What happened
FactHindware Home Innovation Limited has informed the Exchange regarding Outcome of Board Meeting held on May 24, 2025. Phiroze Jeejeebhoy Towers,. the quarter and year ended 31st March, 2025 issued by M/s. Lodha and Co. LLP, Chartered.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Pricing
RevisedEarlierQ4 FY26
we took a 15% price increase in faucets because there was a substantial increase in brass price from about INR600 to about INR800.
NowQ4 FY26
we took another price hike of about 3%.
Change
FactTarget revision
Implication
CapitSignal interpretationThe stated figure moved -80.00%.confidence 60%
Watch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- I think in the next two years we should reduce it by a level of somewhere around Rs. 200 crore to Rs. 250 cror (management committed by H1 FY27)
- For FY26, the overall capex should be in a range of Rs. 100 crore to Rs. 125 crore, considering the fact that (management committed by FY26)
Evidence
- Hindware Home Innovation Limited has informed the Exchange regarding Appointment of DMK Associates Practicing Company Secretaries as the Secretarial Auditor of the Company for a period of 5 (Five) consecutive years commencing from FY 2025-26 till FY 2029-30, subject to approval of members at the ensuing Annual General Meeting (AGM).(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%