Hindware Home Innovation Limited · NSE:HINDWAREAP
Hindware Home Innovation — Q1 FY25 Earnings Presentation
27 slides from Hindware Home Innovation's earnings presentation, Aug 9, 2024
Slide 1: Q1 FY25 Financial Result Presentation
Q1 FY25 Financial Result Presentation “Focused on Excellence” “Committed to Customers” August 09, 2024
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 and Building Products Company Leader in Industry leading growth Sanitaryware and in Plastic Pipes & Owner of Brand second largest in the Fittings segment Hindware faucets segment Building Products Segment Judicial mix of owned and Strong Growth Outlook C
Slide 4: About Us
About Us ▪ Hindware Home Innovation is a Building Products and Consumer Hindware Home Appliances 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. Sudhanshu Pokhriyal Mr. Rajesh Pajnoo Chairman and Non- Group Chief Financial CEO & CFO, Hindware Chief Executive Officer, Chief Executive Officer, Executive Director Officer Home Innovation Bath Business Pi
Slide 7: Our Environmental, Social and Governance Commitments
Our Environmental, Social and Governance Commitments Environment: Hindware Home Innovation Limited is dedicated to reducing its carbon footprint, adopting energy-efficient technologies, and promoting the use of recycled materials to minimize its environmental impact, in aligning with global sustaina
Slide 8: Fulfilling Our Sustainability Initiatives
Fulfilling Our Sustainability Initiatives Waste management practices involve process Greenhouse gas Energy efficiency is Water efficiency includes Rooftop solar energy mapping, source emissions are reduced achieved through daylight 'Zero' discharge, rainwater across our plants helps in segregation,
Slide 9: Financial Performance
home innovation limited Financial” Performance > >> fc)
Slide 10: Consolidated Financial Performance Q1 FY 25
Consolidated Financial Performance (₹ in crore) Revenue EBITDA Margin (%) PAT 4% YoY 22% YoY 91% YoY Q1 FY 25 83.8 772.4 70.9 623.0 599.9 55.4 11.4% 10.8% 9.2% 5.6 21.1 0.5 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Notes: 1. The PAT figures does not include share of profit
Slide 11: Building Products Segment
Building Products Segment 11
Slide 12: Building Products Business Update
Building Products Business Update Bathware Business Building Products Business (₹ in crore) • Demand landscape has been subdued, resulting in muted revenue • New product introductions have been met with a positive Revenue 5.5% YoY customer reception 664.2 518.0 489.4 • Continues expansion in Tier
Slide 13: Bathware Business Update – Q1 FY25
Bathware Business Update – Q1 FY25 (₹ in crore) Revenue EBITDA Margin (%) EBIT Margin (%) 9.9% YoY 420.7 60.6 64.5 362.0 45.8 326.2 43.4 41.6 23.1 16.7% 15.3% 12.7% 12.0% 10.9% 7.1% Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 PBT Margin (%) Net Working Capital (Days) Net Borrowi
Slide 14: Building Products Business - Bathware
Building Products Business - Bathware • Leading player in sanitaryware & faucets segments o Brands available across price points • Control over the entire value chain & a strong network of distribution & service: o 660+ Brand Stores for an immersive customer experience o 500+ distributors, dealers a
Slide 15: Industry-First Innovative-Design Led Products
Industry- First Innovative-Design Led Products 15
Slide 16: Marketing Initiatives
MARKETING INTITATIVES IPL TV CAMPAIGN | SURROUND ACTIVITIES VANITHA FILM AWARDS 2024 - HIC POWERED BY PARTNER 5 - STAR BATHROOM AQUA PRO 98 - ULTRA EDGE 16
Slide 17: Priorities for New Brand Store Design
PRIORITIES FOR NEW BRAND STORE DESIGN Design Approach & Priorities have to flow across all 3 formats BOUTIQUE GALLERIA PREMIER Declutter & Bring Experience High on Experience Mock-up – 1 Mock-up – 3-4 Plug n Play & Modular Improved Live Section Create space for more SKUs & new launches Space optimiz
Slide 18: Beyond the Bath Design Challenge - Season 2
BEYOND THE BATH DESIGN CHALLENGE - SEASON 2 Season 2 Theme - Smart Bathrooms Jury Members 4 Regional Events Create Connect With Regional Architects Chandigarh Ranchi Indore Chennai Finale With Winner Awards In Bengaluru/ Hyderabad 18
Slide 19: Marquee Clients
Marquee Clients = BRIGADE if SEW, country (@- fi) GAR Pry rome PROVIDENT PURAVANKARA Google | sosarijonsor Infosys w/ Sahit? | caROVAR ill | osai | IndianOil Fn iene OFS 8 ESOT SATTVA i @ & | taj | i > \ 2 7 2, — R sa LARSEN & TOUBRO 4 MERIDIEN Sunteck) supertech a AJ Ml. Vaishnavi ge fre seer meee
Slide 20: Plastic Pipes & Fittings Business Update
Plastic Pipes & Fittings Business Update • TRUFLO by Hindware is the fastest-growing plastic pipes and fittings brand in India • Expanded Product Range: 2,000+ SKUs. Offers CPVC pipes for hot and cold-water plumbing, lead-free UPVC pipes, SWR pipes, PVC pipes for potable water, column pipes, and ove
Slide 21: Plastic Pipes & Fittings Business Update – Q1 FY25
Plastic Pipes & Fittings Business Update – Q1 FY25 (₹ in crore) Revenue EBITDA Margin (%) EBIT Margin (%) 4.6%YoY 243.5 19.0 26.4 156.0 163.2 10.4 10.9 3.6 3.4 6.6% 10.9% 6.7% 2.3% 7.8% 2.1% Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 PBT Margin (%) Net Working Capital (Days) Ne
Slide 22: Product Range, Plant & Showroom and Marketing Initiatives
Product Range, Plant & Showroom and Marketing Initiatives Offering world-class pipes and fitting solutions inspired by the quality commitment of its flagship brand Hindware over decades. All TRUFLO manufactured products are lead-free. certified certified IS: 15778 CM/L 6300045697 Assurance to · Last
Slide 23: Consumer Appliances Business
Consumer Appliances Business 23
Slide 24: Consumer Appliances Business Update – Q1 FY25
Consumer Appliances Business Update – Q1 FY25 (₹ in crore) Revenue EBITDA Margin (%) EBIT Margin (%) 5.3% YoY 1.3% 2.7% -11.0 1.4 3.0 -1.6 104.9 108.2 110.5 -2.8 -6.7 -6.2% -2.6% -10.2% -1.4% Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 PBT Margin (%) Net Working Capital (Days) N
Slide 25: Consumer Appliances Business Update
Consumer Appliances Business Update • Generated ₹110.5 crore revenues in Q1 FY25, expanded 5.3% on a Y-o-Y basis, largely aided by higher sales of air-coolers • Maintained its leadership position in the kitchen appliances segment, reflecting the strength and resilience of its brand, despite challeng
Slide 26: Diverse and Exciting Products & Brands
Diverse and Exciting Products & Brands Kitchen Appliances Air Coolers Water Heaters (50:50 JV with Groupe Atlantic) Fans Kitchen & Furniture Fittings 26
Slide 27: Thank You
Naveen Malik Hindware Home Innovation Ltd +91 124 477 9200 investors@hindwarehomes.com Gavin Desa / Jenny Rose Kunnappally CDR India Thank You +91 9820637649 +91 8689972124 gavin@cdr-india.com jenny@cdr-india.com
Hindware Home Innovation — Q1 FY25 Earnings Presentation on 6ix