Please find attached herewith Intimation regarding outcome of Board Meeting held on 19th May 2026.
HINDWAREAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 2.1 pts less than its Consumer Durables peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Hindware Home Innovation Ltd reported FY2026 consolidated revenue of Rs 2,510.28 crore, marginally down from Rs 2,522.99 crore in FY2025. The company posted a consolidated net loss of Rs 39.31 crore, significantly improved from Rs 68.77 crore loss in the previous year. EBITDA improved substantially to Rs 232.52 crore from Rs 183.55 crore, indicating better operational performance. Key exceptional items included Rs 52.58 crore impairment/loss (including Rs 39.20 crore on joint venture Hintastica and Rs 44.28 crore from discontinued product categories). The board did not recommend any dividend for FY2026. Auditors issued an unmodified opinion but drew attention to material uncertainty regarding going concern of subsidiary EVOK Homes, which has negative net worth and fully impaired investments.
The company shows improved operational performance with EBITDA growth, but substantial exceptional charges and negative standalone results (Rs 70.72 crore loss) weigh on overall profitability. The EVOK going concern issue poses contingent risk for the group. No dividend and pending demerger scheme add to investor uncertainty.