Hindware Home Innovation Limited · NSE:HINDWAREAP
Hindware Home Innovation — Q1 FY24 Earnings Presentation
28 slides from Hindware Home Innovation's earnings presentation, Aug 10, 2023
Slide 1: Q1 FY24 Financial Result Presentation
Q1 FY24 Financial Result Presentation August 10, 2023 1
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Hindware Home Innovation Limited (formerly Somany Home Innovation Limited) (the “Company”) solely for your information and may not be distributed, reproduced, or redistributed or passed on directly or indirectly to any other person, whether within or
Slide 3: Business Overview
Business Overview Premium Consumer Appliances Leader in Industry Judicial mix of and Building Products Company leading growth owned and Sanitaryware and second largest in the in Plastic outsourced Owner of Brand Building Products faucets segment Pipes & manufacturing Hindware Segment Fittings capabi
Slide 4: About Us
About Us Hindware Home Innovation is a Consumer Appliances and Building Hindware Home Products Company Innovation Limited Owner of Hindware, a reliable and trusted brand across India Leveraging innovation and expansive distribution infrastructure Consumer Retail across businesses Appliances o
Slide 5: Our Approach
Our Approach Harnessing distinct distribution Several successful launches at networks to market newer regular intervals to cater to the products and cross-selling burgeoning needs of the Introduce Expansive distribution reach customers across all segments, enabling us Strong R&D capabilities
Slide 6: Proficient and Committed Leadership
Proficient and Committed Leadership Mr. Sandip Somany Mr. Sandeep Sikka Mr. Naveen Malik Mr. Salil Kappoor Mr. Sudhanshu Pokhriyal Mr. Rajesh Pajnoo Chief Executive Officer, Chief Financial Officer, Chairman and Non- Group Chief Financial Hindware Home Chief Executive Officer, Chief Executive Office
Slide 7: Financial Performance
Financial Performance
Slide 8: Q1 FY24 Consolidated Financial Performance
Q1 FY24 Consolidated Financial Performance (₹ in crore) -7% YoY 3% YoY -46% YoY Q1 FY 24 8
Slide 9: Building Products Segment
Building Products Segment hindware
Slide 10: Building Products Business Update
Building Products Business Update Bathware Business Building Products Business (₹ in crore) Inflationary concerns and rising interest rate have slightly impacted the demand for mid and lower priced offerings -3% YoY Margins improved on a Y-o-Y basis, owing to operating leverage, better product
Slide 11: Bathware Business Update – Q1 FY24
Bathware Business Update – Q1 FY24 (₹ in crore) -1% YoY 27% YoY 24% YoY 12% YoY Note: Above stated financials are rounded off and as per management reported figures 11
Slide 12: Building Products Business - Bathware
Building Products Business - Bathware Leading player in sanitaryware & faucets segments o Brands available across price points Expanded our reach in the Indian tiles market, with plans to expand the network further Control over the entire value chain and a strong network of distribution and se
Slide 13: Building Products Business - Bathware
Building Products Business - Bathware Leading player in sanitaryware & faucets segments o Brands available across price points Building eco-system for accelerated growth o Constant engagement with intermediaries & end-users o Providing a platform to all the channel partners to help them keep tra
Slide 14: Industry-First Innovative-Design Led Products
Industry- First Innovative-Design Led Products 14
Slide 15: Marketing Initiatives
Marketing Initiatives Hindware partnered with two IPL teams Royal Challengers Bangalore & Punjab Kings for this IPL season Launched “5 star Hotel like Bathroom” campaign featuring players from RCB & Punjab Kings 360 degree campaign was launched on TV, OTT, Digital, Radio & BTL activations 17
Slide 16: Marketing Initiatives
Marketing Initiatives New In shop branding developed for Elevated Imagery Hindware Italian Collection Tiles – Digital Media Campaign o Executed digital media campaign to drive awareness for o New in shop branding focusing on USP’s of the product with clear Hindware Italian Collection Tiles focus
Slide 17: Marketing Initiatives
Marketing Initiatives Brand with a Purpose – Driving conversations on World Toilet Day Upping The Ante With Acetech : Mumbai and Delhi o Have Built nearly 170 toilets over the last 2 years majorly in and o Larger than life Bath & Tiles mockups around Haryana and Rajasthan close to our manufactur
Slide 18: Marketing Initiatives
Marketing Initiatives Launched Online Reputation Management Tool – LOCOBUZZ Launch of 3D Bathroom Visualizer – Live on Hindware Website o A platform which enables brands to listen, analyze and engage o Empowers the customers to experience the actual setting of bath with audiences and customers a
Slide 19: Marketing Initiatives
Marketing Initiatives Queo New brand film launched with redefined brand identity & QUEO Refresh Website Launched positioning-“Let Time Wait” o QUEO’s brand new website with new brand story “LIVE o 105Mn impressions on digital and OTT EXTRAORDINARY WITH QUEO” focusing on accentuation of the brand
Slide 20: Marquee Clients
Marquee Clients S 9 ’ 3. BRIGADE if CeEwNo, | CouNnTRY MAHAGUN || )\arrioft (@- PROVIDENT" || PURAVANKARA’ y , SD |orrA| EZ | GaR| #y—| NES Edin i oS Ro Google | siti Infosys @/ Sahit? | csRovVAR | sai | IndianOil HEINE THE AAME OTELS & r & | wj} 7 lwove ent kia vance sone Z; MERIDIEN Sunteck)) son
Slide 21: Plastic Pipes & Fittings Business Update
Plastic Pipes & Fittings Business Update We continue our momentum towards achieving higher market share despite slight headwinds in Q1 on account of lower demand and reduced input prices o Efforts to secure volume growth through price rationalization and incentives amid a highly competitive enviro
Slide 22: Plastic Pipes & Fittings Business Update – Q1 FY24
Plastic Pipes & Fittings Business Update – Q1 FY24 (₹ in crore) -9% YoY -20% YoY -53% YoY Notes : • Above stated financials are rounded off and as per management reported figures 22
Slide 23: Plastic Pipes & Fittings
Plastic Pipes & Fittings TRUFLO by Hindware, is the fastest growing plastic pipes and fittings brand in India o With 2000+ SKUs already being offered and many more being added, TRUFLO aims to be amongst the top 5 CPVC players in 3 years In-house manufacturing for better efficiencies & end to end
Slide 24: Consumer Appliances Business
Consumer Appliances Business 24
Slide 25: Consumer Appliances Business Update – Q1 FY24
Consumer Appliances Business Update – Q1 FY24 (₹ in crore) Notes : • *Net Borrowing figure is for Hindware Home Innovation Limited on a standalone basis • Above stated financials are rounded off and as per management reported figures 25
Slide 26: Consumer Appliances Business Update
Consumer Appliances Business Update Core Consumer Business built over last 6 years with a leading position in Kitchen appliances and growing presence in water heating and air coolers segments Revenue stood at ₹105 crore o Market sentiment facing challenges initially on account of increased input
Slide 27: Diverse and Exciting Products & Brands
Diverse and Exciting Products & Brands Kitchen Appliances Air Coolers Water Purifiers Kitchen & Furniture Fittings Water Heaters (50:50 JV with Groupe Atlantic) Fans 27
Slide 28: Thank You
Thank You Naveen Malik Hindware Home Innovation Ltd +91 124 477 9200 investors@shilgroup.com Gavin Desa / Jenny Rose Kunnappally CDR India +91 98206 37649 +91 8689972124 gavin@cdr-india.com jenny@cdr-india.com 28
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