Hindware Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 9.89 Cr
- Company Age 7 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,411.00 Cr
- Satisfied Charges ₹ 35.00 Cr
- Revenue Growth 1.69%
- Profit Growth 17.14%
- Ebitda 25.44%
- Net Worth 17.87%
- Total Assets 9.09%
About Hindware
Hindware Limited (HL) is a Public Limited Indian Non-Government Company incorporated in India on 02 November 2017 (Seven years and three months 1 days old ). Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Brilloca Limited. The Company is engaged in the Manufacturing 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 15.00 Cr and a paid-up capital of Rs 9.89 Cr.
The company currently has active open charges totaling ₹1,411.00 Cr. The company has closed loans amounting to ₹35.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hindware Limited India are Sandeep Sikka as CFO and Payal Puri as Company Secretary. Salil Bhandari, Sandip Somany, Girdhari Sultania, and Four other members serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
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Apps
Corporate Identity Details
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CIN/LLPIN
U74999WB2017PLC223307
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Company No.
223307
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
02 Nov 2017
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Date of AGM
09 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
What products or services does Hindware Limited offer?
Hindware Limited offers a wide range of products and services, including Faucets, Water Taps and Bib Cocks, Faucets, Wash Basins, Sanitaryware & Fittings, Flush Tanks, Mixer Tap, Single Lever Basin Mixer, Sanitary Ware, Pedestal Wash Basin, Bathroom Taps, Hindware Bathroom Taps.
Who are the key members and board of directors at Hindware?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandip Somany
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Managing Director | 02-Nov-2017 | Current |
| Sandeep Sikka | CFO | 10-Feb-2020 | Current |
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Payal Puri
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Company Secretary | 10-Feb-2020 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Alpana Shah
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Director | 27-Mar-2020 | Current |
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Salil Bhandari
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Director | 12-Nov-2019 | Current |
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Girdhari Sultania
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Director | 02-Nov-2017 | Current |
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Ashok Jaipuria
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Director | 12-Nov-2019 | Current |
Rainer Simon
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Director | 12-Nov-2019 | Current |
| Shashvat Somany | Director | 20-May-2024 | Current |
Financial Performance of Hindware.
Hindware Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 1.69% increase. The company also saw a substantial improvement in profitability, with a 17.14% increase in profit. The company's net worth Soared by an impressive increase of 17.87%.
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What is the Ownership and Shareholding Structure of Hindware?
In 2024, Hindware had a promoter holding of 98.20% and a public holding of 1.80%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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The United Provinces Sugar Company LimitedGirdhari Sultania is a mutual person
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Nestle India LimitedAlpana Shah is a mutual person
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National Skill Development CorporationSandip Somany is a mutual person
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Cosmo First LimitedAshok Jaipuria and Alpana Shah are mutual person
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Ayusri Health Products LimitedGirdhari Sultania is a mutual person
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Indraprastha Medical Corporation LimitedSandip Somany is a mutual person
Charges (Loans)
₹1,411.00 Cr
₹35.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 574.00 Cr
- Others : 375.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 187.00 Cr
- Standard Chartered Bank : 125.00 Cr
- Axis Bank Limited : 120.00 Cr
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Others | ₹50.00 Cr | Open |
| 20 Mar 2024 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 20 Nov 2023 | Others | ₹50.00 Cr | Open |
| 07 Mar 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹50.00 Cr | Open |
| 11 Apr 2022 | Hdfc Bank Limited | ₹310.00 Cr | Open |
How Many Employees Work at Hindware?
Hindware has a workforce of 2321 employees as of Nov 24, 2024. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hindware, 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's trajectory.
Rating
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
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.
