Hindware Home Innovation (NSE:HINDWAREAP) ROE %: -10.33% (As of Mar. 2026)


NSE:HINDWAREAP Hindware Home Innovation Ltd NSE:HINDWAREAP
74 GF Score
Price ₹260.18
GF Value ₹304.00
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Hindware Home Innovation ROE %?

Hindware Home Innovation NSE:HINDWAREAP +2.23% 74 ROE % is -10.33% as of Mar. 2026. GuruFocus rates NSE:HINDWAREAP with a GF Score™ of 74/100 and a GF Value™ of ₹304.00 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 424 Furnishings, Fixtures & Appliances companies, Hindware Home Innovation ranks worse than 79.25% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hindware Home Innovation's annualized net income for the quarter that ended in Mar. 2026 was ₹-761 Mil. Hindware Home Innovation's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹7,369 Mil. Therefore, Hindware Home Innovation's annualized ROE % for the quarter that ended in Mar. 2026 was -10.33%.

The historical rank and industry rank for Hindware Home Innovation's ROE % or its related term are showing as below:

NSE:HINDWAREAP' s ROE % Range Over the Past 10 Years
Min: -166.67   Med: 8.71   Max: 47.11
Current: -5.25

During the past 9 years, Hindware Home Innovation's highest ROE % was 47.11%. The lowest was -166.67%. And the median was 8.71%.

NSE:HINDWAREAP's ROE % is ranked worse than
79.25% of 424 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.475 vs NSE:HINDWAREAP: -5.25

Hindware Home Innovation  (NSE:HINDWAREAP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-761.2/7368.9
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-761.2 / 26509.2)*(26509.2 / 24517.8)*(24517.8 / 7368.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.87 %*1.0812*3.3272
=ROA %*Equity Multiplier
=-3.1 %*3.3272
=-10.33 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-761.2/7368.9
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-761.2 / 451.2) * (451.2 / 1140.4) * (1140.4 / 26509.2) * (26509.2 / 24517.8) * (24517.8 / 7368.9)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -1.6871 * 0.3957 * 4.3 % * 1.0812 * 3.3272
=-10.33 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Hindware Home Innovation ROE % Related Terms


Hindware Home Innovation ROE % Historical Data

* Premium members only.

The historical data trend for Hindware Home Innovation's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hindware Home Innovation ROE % Chart

Hindware Home Innovation Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only 47.11 10.36 4.39 -9.93 -5.24

Hindware Home Innovation Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.93 -14.99 2.61 1.88 -10.33

NSE:HINDWAREAP vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hindware Home Innovation's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hindware Home Innovation ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hindware Home Innovation's ROE % distribution charts can be found below:

* The bar in red indicates where Hindware Home Innovation's ROE % falls into.


NSE:HINDWAREAP
74GF Score
Hindware Home Innovation Ltd NSE:HINDWAREAP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindware Home Innovation ROE % Calculation

Hindware Home Innovation's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-396.8/( (7770.738+7368.9)/ 2 )
=-396.8/7569.819
=-5.24 %

Hindware Home Innovation's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-761.2/( (0+7368.9)/ 1 )
=-761.2/7368.9
=-10.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -10.33% mean?
Hindware Home Innovation (NSE:HINDWAREAP) has a ROE % of -10.33% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hindware Home Innovation and its competitors. According to the industry distribution chart, Hindware Home Innovation ranks #336 out of 424 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 79.2%.
Is Hindware Home Innovation's ROE % too high?
Hindware Home Innovation's current ROE % is -10.33%. Based on the distribution chart, Hindware Home Innovation ranks #336 out of 424 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Hindware Home Innovation has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindware Home Innovation's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Hindware Home Innovation ranks #336 out of 424 companies for ROE %. This places Hindware Home Innovation in the lower half of its industry. The industry median ROE % is 4.48. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.48, based on 424 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hindware Home Innovation and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindware Home Innovation's current ROE % is -10.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindware Home Innovation stock overvalued right now?
Based on GuruFocus' analysis, Hindware Home Innovation (NSE:HINDWAREAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹304.00, compared to a current price of ₹260.18 — trading 14.4% below its estimated fair value. The current ROE % is -10.33%. Hindware Home Innovation's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Hindware Home Innovation (NSE:HINDWAREAP), the current ROE % is -10.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hindware Home Innovation (NSE:HINDWAREAP) Overvalued in 2026?

Based on GuruFocus' analysis, Hindware Home Innovation stock appears to be undervalued. The current stock price of ₹260.18 is trading 14.4% below its estimated GF Value™ of ₹304.00. GuruFocus considers Hindware Home Innovation to be Modestly Undervalued.

Key valuation signals for NSE:HINDWAREAP:

  • ROE %: -10.33%
  • GF Value™: ₹304.00 vs. price of ₹260.18 (14.4% below fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the NSE:HINDWAREAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindware Home Innovation Business Description

Other Exchanges 542905:India
Address BPTP Park Centra, Unit no. 201 (1), (II), (IIIA), (XVI, Sector-30, 2nd Floor, NH-8, Gurugram, HR, IND, 122001
Hindware Home Innovation Ltd is involved in manufacturing, selling, and trading building products, glass products, consumer products, plastic products, and retail businesses. Its product range includes Kitchen Ensemble, water heaters, air coolers, water purifiers, air purifiers, and window vents, among others. Some of its brands are Hindware, Moonbow, and Evok. The company operates through segments such as Building Products and Consumer Appliances. It functions in India and derives the majority of its revenue from the Building Products segment.
74GF Score

Get the complete analysis for NSE:HINDWAREAP

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹260.18
Price
₹304.00
GF Value