Hindware Home Innovation Limited

Offers a wide range of consumer products and home decor services.

2017 | Kolkata, West Bengal (India) | Active
Last Updated:

Hindware Home Innovation Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 16.73 Cr
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 299.00 Cr
  • Revenue Growth -18.85%
  • Profit Growth -439.37%
  • Ebitda -517.79%
  • Net Worth -31.19%
  • Total Assets -3.69%

About Hindware Home Innovation

Hindware Home Innovation Limited (HHIL) is a Public Limited Indian Non-Government Company incorporated in India on 28 September 2017 (Seven years and six months 2 days old ). Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542905 and on the National Stock Exchange(NSE) under SHIL.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 16.73 Cr.

The company currently has active open charges totaling ₹299.00 Cr.

The Key Managerial Personnel (KMP) at Hindware Home Innovation Limited India are Naveen Malik as CEO and Payal Puri as Company Secretary. Salil Bhandari, Nand Khaitan, Sandip Somany, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74999WB2017PLC222970

  • Company No.

    222970

  • Stock Symbol

    BSE : 542905 NSE : SHIL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2017

  • Date of AGM

    28 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Hindware Home Innovation?

Executive Team (2)

NameDesignationAppointment DateStatus
Naveen Malik Country flag representing In CEO20-Jun-2024Current
Payal Puri Country flag representing In Company Secretary17-Sep-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Anisha Motwani Country flag representing In Director 11-Feb-2020Current
Salil Bhandari Country flag representing In Director 14-Sep-2019Current
Nand Khaitan Country flag representing In Director 14-Sep-2019Current
Sandip Somany Country flag representing In Director 28-Sep-2017Current
Girdhari Sultania Country flag representing In Director 08-Feb-2023Current
Ashok Jaipuria Country flag representing In Director 14-Sep-2019Current

Financial Performance of Hindware Home Innovation.

Hindware Home Innovation Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 18.85% decrease. The company also saw a substantial fall in profitability, with a 439.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.19%.

Hindware Home Innovation revenue growth over time
Hindware Home Innovation profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-18.85%
Revenue from Operations
-20.13%
Total Assets
-3.69%
Profit or Loss
-439.37%
Net Worth
-31.19%
EBITDA
-517.79%

What is the Ownership and Shareholding Structure of Hindware Home Innovation?

In 2024, Hindware Home Innovation had a promoter holding of 51.32% and a public holding of 48.68%. The company had 3 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹299.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 100.00 Cr
  • Others : 60.00 Cr
  • Standard Chartered Bank : 55.00 Cr
  • Axis Bank Limited : 54.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jan 2020Hdfc Bank Limited₹15.00 CrOpen
26 Jul 2019Axis Bank Limited₹54.00 CrOpen
22 Jul 2019Citi Bank N.A.₹15.00 CrOpen
17 Jul 2019The Hongkong And Shanghai Banking Corporation Limited₹15.00 CrOpen
17 Jul 2019Standard Chartered Bank₹55.00 CrOpen

How Many Employees Work at Hindware Home Innovation?

Hindware Home Innovation has a workforce of 371 employees as of Jan 17, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Hindware Home Innovation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hindware Home Innovation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hindware Home Innovation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hindware Home Innovation

Recent activity within the organization

  • Director Appointment

    Sonali Dutta was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 4 months 18 days .

  • Annual General Meeting

    Hindware Home Innovation Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

  • Director Appointment

    Naveen Malik was appointed as a Ceo was appointed as a Ceo on 20 Jun 2024 & has been associated with this company since 9 months 10 days .

  • Balance Sheet

    Hindware Home Innovation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Girdhari Lal Sultania was appointed as a Director was appointed as a Director on 08 Feb 2023 & has been associated with this company since 2 years 1 month .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 85.00 Cr registered on 16 Jul 2019 with Charge ID 100277608 was modified on 30 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Hindware Home Innovation Limited?

    Hindware Home Innovation Limited was incorporated on 28 Sep 2017.

  • What is authorized share capital and paid-up capital of Hindware Home Innovation Limited?

    The authorized share capital of Hindware Home Innovation Limited is ₹ 30.00 Cr and paid-up capital is ₹ 16.73 Cr.

  • Who are the current board members & directors of Hindware Home Innovation Limited?

    Currently 9 directors are associated with Hindware Home Innovation Limited.

    • Salil Kumar Bhandari
    • Nand Gopal Khaitan
    • Sandip Somany
    • Girdhari Lal Sultania
    • Ashok Jaipuria
    • Anisha Motwani
    • Sonali Dutta
    • Naveen Malik
    • Payal M Puri

  • What is the registered address of Hindware Home Innovation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hindware Home Innovation Limited is 2, Red Cross Place India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Hindware Home Innovation Limited?

    The corporate identification number (CIN) of Hindware Home Innovation Limited is L74999WB2017PLC222970 and the company number is 222970 as per Ministry of Corporate Affairs (MCA).

  • Is Hindware Home Innovation Limited registered with any stock exchange in India?

    Yes, Hindware Home Innovation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SHIL.

  • What is the official website of Hindware Home Innovation Limited?

    The Official website of Hindware Home Innovation Limited is https://www.shilgroup.com

  • What has been the recent revenue trend for Hindware Home Innovation Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Hindware Home Innovation Limited has fallen by -18.85%.

  • How many employees does Hindware Home Innovation Limited currently have?

    As Per 2024 financial reports, 371 employees are currently employed by Hindware Home Innovation Limited.

  • What change has been observed in the net worth of Hindware Home Innovation Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Hindware Home Innovation Limited has experienced an downturn of -31.19%.

  • What are the total open charges for Hindware Home Innovation Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Hindware Home Innovation Limited amount to ₹ 299.00 Cr.

  • When was the last Balance Sheet of Hindware Home Innovation Limited filed with the ROC?

    The most recent Balance Sheet for Hindware Home Innovation Limited was filed with the ROC on 31 Mar 2024.

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