Investor Presentation

NEAPS/BSE ONLINE 12th August, 2026 The Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Plot No. C-1, Block-G, 1st Floor, New Trading Ring Exchange Plaza, 5th Floor, Rotunda, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400001 Mumbai – 400051 (BSE Scrip Code: 542905) (NSE Symbol: HINDWAREAP) Dear Sir/Madam, Sub: Presentation on Business wise update for Q1 FY27 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of presentation on Business-wise update for Q1 FY27. The aforesaid presentation will also be available on the website of the Company i.e. www.hindwarehomes.com. You are requested to take the enclosed document on records. For Hindware Home Innovation Limited Payal M Puri (Company Secretary and Sr. V. P. Group General Counsel) Name: Payal M Puri Address: 301-302, 3rd Floor, Park Centra, Sector-30, Gurugram-122001 Membership No.: 16068 Encl: As above Hindware Home Innovation Limited Business-Wise Update Q1 FY27 BATHWARE PIPES & FITTINGS CONSUMER APPLIANCES Figures are rounded off and as per management-reported figures This presentation has been prepared by Hindware Home Innovation Limited (the “Company”) solely for your information and may not be distributed, reproduced or passed on, directly or indirectly, to any other person or published, in whole or in part, for any purpose. By accessing this presentation, you agree to be bound by the restrictions herein and to maintain confidentiality regarding the information disclosed. The Company may alter, modify or otherwise change the contents of this presentation without obligation to notify any person of such changes. This presentation may contain certain forward-looking statements based on the currently held beliefs, market conditions and assumptions of the management of the Company, which are expressed in good faith and, in their DISCLAIMER opinion, reasonable. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those expressed or implied. Significant factors that could affect the Company’s operations include domestic and international economic conditions, changes in government regulations, tax regime and other statutes. The Company does not undertake to revise any forward- looking statement that may be made fromtime to time by or on behalf of the Company. This presentation contains certain supplemental measures of performance and liquidity that are not required by, or presented in accordance with, Indian GAAP, and should not be considered an alternative to measures derived in accordance with Indian GAAP. No representation or warranty (express or implied) is made as to, and no reliance should be placed on, the accuracy, completeness or correctness of any information contained herein. This presentation is not, and should not be construed as, a prospectus or an offer document. By accessing this presentation, you accept that this disclaimer and any claims arising out of the use of the information shall be governed by the laws of India and subject to the exclusive jurisdiction of the courts in Delhi. HINDWARE HOME INNOVATION LIMITED 02 BATHWARE 1 of 2 Growth, Market Share & Margin Sales Outlook & Growth Market Share & Premiumisation • FY27: Mid-teen bathware revenue growth • Premium: ~40% of mix (Q1 FY27) → +~5% over next 18–24 months • Mix: Faucets high-teen; Sanitaryware double-digit • Queo: Super-premium; ₹180–200 cr target in 5 yrs • Drivers: Weighted dealers, new products, premium push • Gross Margin: Premium range 2–3% higher gross margin than mass and mass premium • Reinforcing leadership via investment in the brand + high growth in weighted dealers • “Designed for Sukoon” multimedia campaign live Channel & Tier Mix Margin Guidance & Roadmap • Institutional: ~25% of sales (lower margin than general trade) • Q1 FY27 EBITDA: ~12%. • Tier 2/3: ~70% of sales; deepening distribution • Target range: +2–4% over 18–24 months (11% in FY26) • Brand stores: ~30% of GT sales • Levers: Operating leverage + manufacturing cost-outs • Store investment aims for brand visibility: net positive • Insourcing: Faucet in-house ~50% & S/W ~70% (Q1 FY27) • Quarterly EBIDTA may vary depending on market conditions. Annual EBITDA conveys a balanced reflection of core operational performance HINDWARE HOME INNOVATION LIMITED Bathware· 1 of 2 BATHWARE 2 of 2 Costs, Balance Sheet & Operations Raw Material & Pricing Working Capital • Inputs inflation: Volatility of Brass and fuel prices may challenge the market • WC days: 95 (Q1FY26) → 87 (Q1FY27) demand • Inventory: 92 → 97 days; • Brass Prices YoY: Brass prices has increased YoY by ~40% (Q1 FY27 vs Q1 FY26) • Debtors: 47 → 43 days (receivables discipline) • Faucets Selling Price hike: ~20% over last 12 months • Way ahead: Aiming for 10–15% optimisationover 18-24 months Debt & Deleveraging Capacity Utilisation • Net Bank debt: ₹271 cr(Q1FY26) → ₹224 (Q1FY27) • Plants: Sanitaryware ~90%, faucets ~85% (Q1 FY27) • Way ahead: No capacity expansion underway, other than debottlenecking and • Focus: Manufacturing of high volume & margin products inhouse while outsourcing investment in Brand Stores low margin and volume to optimize production capacity • ROCE: Target 16–18% over 18-24 months • Capex range: ~₹50 cr(FY27) HINDWARE HOME INNOVATION LIMITED Bathware· 2 of 2 PIPES 1 of 2 Growth, Roorkee & Capacity Sales Outlook & Growth Roorkee Plant Ramp-up • Sales Volume FY27 Growth: ~15% growth in sales volume • Live: Commercial production started from January 2026 • Value Growth: Resin and raw material volatility may impact value growth • Ramp up: Capacityutilisationimprovement will need further 2–3 quarters • New Products: DWC, Fire Sprinkler, PTMT &Foam Core will contribute over the year • Annual Capacity: Roorkee 12,500 MT; Isnapur 66,000 MT • Top30Distributors Sales: ~58% (Q1 FY27) • North market is witnessing aggressive competition and pricing pressure thereby impacting quick ramp up • Channel Partners: 22 distributors added (Q1 FY27) • Stability of PVC resin will aid channel stocking and stabliseselling price Capacity Utilisation Path to Improving Profitability • Sales Volume: 10,221 MT in Q1FY27 with ~28% growth YoY • Roadmap: New value-added products, cost optimisation, demand & distribution • CPVC Value Mix: ~32% (Q1 FY27) as H1 is lean season for plumbing • CPVC: Raise mix —higher margin • Capacity utlisation: Sweating of asset and absorption of fixed overheads • Pricing: Any reduction of volatility in PVC resin and raw material price will create confidence across distribution channel and smoothen price war • Volume + efficiency to lift RoCE HINDWARE HOME INNOVATION LIMITED Pipes · 1 of 2 PIPES 2 of 2 Margins, Costs & Balance Sheet Margin Guidance Raw Material & Pricing • Q1 FY27: EBITDA ~3% • Inputs volatility:PVC resin and currency volatility may impact margins in FY27 • FY27: 4-5% via cost-optimisation plans • However, anystabilityof currency and resin price willsmooth out widespread channel discounting and restore pricing discipline in the market • Mix: CPVC & UPVC margins above blended Working Capital Debt & Capex • WC days: 86 (Q1FY26) → 87 (Q1FY27) • Net Bank debt: ₹421 cr(Q1FY26) → ₹427 cr(Q1FY27) • Inventory days: 95 → 70 days • Capex Range: ~₹15 cr(FY27) • Debtor days: 74 → 87 days • Way ahead: Major capex program just completed. Earnings will reduce Debt • Way ahead target: 10–15% optimisationover 18-24 months • Lean inventory to cushion from inventory volatility HINDWARE HOME INNOVATION LIMITED Pipes · 2 of 2 CONSUMER APPLIANCES 1 of 2 Growth, Margins & Turnaround Sales Outlook & Growth Margin Guidance • Core: Kitchen: chimneys, hobs, cooktops, sinks • Gross Margin: Robust gross margin 35-40% • CAGR: 15–20% over the next 2–3 years • Growth Narrative: Unencumbered growth with legac [Showing first 8,000 characters — download PDF for full document]