HINDWARE HOME INNOVATION SHARE PRICE TARGET 2024, 2025, 2026 TO 2030

As of 8th January, 2024, Hindware Home Innovation is trading at ₹ 486 with a marketcap of ₹ 3,517 Crore. Currently trading with a PE ratio of 69.1, this small cap company looks overvalued, but is it? Let’s find out in this article.

Predicting future stock values is difficult in the world of investments. However, if we conduct the proper study, we can provide accurate projections. In this post, we’ll examine Hindware Home Innovation Ltd. in more detail, as well as its projected share price range from 2024 to 2030. Is it wise to acquire this stock? By 2025, can it achieve the coveted 1000 INR threshold? To fully grasp the company’s growth prospects, we’ll be looking at its financials, market trends, and industry advancements. In order to learn more about Hindware Home Innovation Ltd.’s future prospects or to invest in it, read on.

About Hindware Home Innovations

Hindware Home Innovation Limited is a prominent and rapidly expanding player in both the Indian Consumer Appliances and Building Products sectors. Established in 2017, the company boasts leadership in Building Products and is a frontrunner in the Indian Consumer Appliances segment. With a strong focus on consumer service, Hindware Home Innovation engages in the entire spectrum of operations, encompassing manufacturing, branding, marketing, sales, distribution, and service across diverse product categories.

What kind of business is Hindware Home Innovation in?

Hindware Home Innovation Limited operates as a multifaceted business encompassing the domains of Indian Consumer Appliances and Building Products. The company excels as a leader in the Building Products sector while also holding a prominent position in the Indian Consumer Appliances segment.

How to purchase Hindware Home Innovation shares?

Below are the trading platforms that you can use to purchase Hindware Home Innovation Ltd shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

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Hindware Home Innovation Share Price Prediction: 2024 to 2030

Hindware Home Innovation Share Price Target 2024

When Maximum Price Minimum Price
January 2024 524.88 456.42
February 2024 535.59 465.73
March 2024 546.52 475.24
April 2024 530.60 461.39
May 2024 522.76 454.58
June 2024 541.58 470.94
July 2024 536.17 466.23
August 2024 557.61 484.88
September 2024 579.92 504.28
October 2024 568.55 494.39
November 2024 585.60 509.22
December 2024 600.24 521.95

Hindware Home Innovation’s projected share prices for 2024 show a fluctuating trend, with the minimum anticipated at ₹456.42 in January and the maximum at ₹600.24 in December.

The company’s current market capitalization stands at ₹3,517 Cr., with a current share price of ₹486 (as of January 8, 2024). The stock has experienced a high/low range of ₹664/₹325, reflecting market volatility.

Additionally, the stock’s price-to-earnings ratio is 69.1, and it boasts a book value of ₹81.8, with a modest dividend yield of 0.10%. Investors should monitor these indicators for informed decision-making.

Hindware Home Innovation Share Price Target 2025

When Maximum Price Minimum Price
January 2025 612.25 470.96
February 2025 627.95 483.04
March 2025 652.44 501.87
April 2025 639.64 492.03
May 2025 621.01 477.70
June 2025 648.96 499.20
July 2025 636.23 489.41
August 2025 655.91 504.55
September 2025 678.87 522.21
October 2025 696.52 535.78
November 2025 713.93 549.18
December 2025 731.78 562.91

In 2025, Hindware Home Innovation’s share price is expected to showcase a progressive trend, ranging from a minimum of ₹470.96 in January to a maximum of ₹731.78 in December. The company, a prominent player in India’s building products sector, dominates in sanitaryware, faucets, plastic pipes, fittings, water storage tanks, and premium tiles.

Notably, ‘TRUFLO by Hindware™,’ the plastic pipes and fittings business, is witnessing rapid growth, further solidifying the company’s standing in the market. Investors may find potential opportunities in the steadily rising share prices and the company’s diverse product portfolio.

Hindware Home Innovation Share Price Target 2026

When Maximum Price Minimum Price
January 2026 753.73 579.80
February 2026 773.06 594.66
March 2026 803.21 617.85
April 2026 787.46 605.74
May 2026 764.52 588.10
June 2026 798.93 614.56
July 2026 783.26 602.51
August 2026 807.49 621.14
September 2026 835.75 642.88
October 2026 857.48 659.60
November 2026 878.92 676.09
December 2026 900.89 692.99

In 2026, Hindware Home Innovation’s shares are forecasted to continue their upward trajectory, with prices ranging from a minimum of ₹579.80 in January to a maximum of ₹900.89 in December. This suggests a robust growth trend, making it a potential consideration for investors seeking opportunities in the coming year.

Hindware Home Innovation Share Price Target 2027

When Maximum Price Minimum Price
January 2027 918.91 706.85
February 2027 942.47 724.98
March 2027 979.22 753.25
April 2027 960.02 738.48
May 2027 932.06 716.97
June 2027 974.01 749.23
July 2027 954.91 734.54
August 2027 984.44 757.26
September 2027 1,018.90 783.77
October 2027 1,045.39 804.14
November 2027 1,071.52 824.25
December 2027 1,098.31 844.85

Hindware Home Innovation Share Price Target 2028

When Maximum Price Minimum Price
January 2028 1,120.28 861.75
February 2028 1,149.00 883.85
March 2028 1,193.81 918.32
April 2028 1,170.40 900.31
May 2028 1,136.31 874.09
June 2028 1,187.45 913.42
July 2028 1,164.17 895.51
August 2028 1,200.17 923.21
September 2028 1,242.18 955.52
October 2028 1,274.47 980.36
November 2028 1,306.33 1,004.87
December 2028 1,338.99 1,029.99

Hindware Home Innovation Share Price Target 2029

When Maximum Price Minimum Price
January 2029 1,365.77 1,050.59
February 2029 1,400.79 1,077.53
March 2029 1,455.42 1,119.56
April 2029 1,426.89 1,097.60
May 2029 1,385.33 1,065.64
June 2029 1,447.67 1,113.59
July 2029 1,419.28 1,091.75
August 2029 1,463.18 1,125.52
September 2029 1,514.39 1,164.91
October 2029 1,553.76 1,195.20
November 2029 1,592.60 1,225.08
December 2029 1,632.42 1,255.71

Hindware Home Innovation Share Price Target 2030

When Maximum Price Minimum Price
January 2030 1,665.07 1,280.82
February 2030 1,707.76 1,313.66
March 2030 1,774.37 1,364.90
April 2030 1,739.57 1,338.13
May 2030 1,688.91 1,299.16
June 2030 1,764.91 1,357.62
July 2030 1,730.30 1,331.00
August 2030 1,783.82 1,372.17
September 2030 1,846.25 1,420.19
October 2030 1,894.25 1,457.12
November 2030 1,941.61 1,493.54
December 2030 1,990.15 1,530.88

Financial Condition of Hindware Home Innovation Ltd: Last 5 years

Hindware
Home
Financials
Mar

2019

Mar

2020

Mar

2021

Mar

2022

Mar

2023

TTM
Sales
(Crore Rs)
1,671 1,613 1,775 2,294 2,873 2,829
Expenses
(Crore Rs)
1,546 1,525 1,632 2,118 2,627 2,581
Operating Profit
(Crore Rs)
124 88 143 176 246 248
OPM % 7% 5% 8% 8% 9% 9%
Other Income
(Crore Rs)
9 24 18 129 35 35
Interest
(Crore Rs)
29 33 29 20 77 86
Depreciation
(Crore Rs)
20 46 39 39 101 108
Profit before tax
(Crore Rs)
85 33 92 245 103 89
Tax % 36% 30% 41% 17% 35%
Net Profit
(Crore Rs)
55 23 55 202 58 47
EPS in Rs 3.20 7.59 27.90 7.96 6.57
Dividend Payout % 0% 5% 4% 2% 6%

Hindware Home Innovation Ltd has been experiencing steady growth in its profits and revenue over the last five years. The company’s sales revenue has witnessed a compound annual growth rate of 10.2%, increasing from Rs. 1,670.87 crore in Mar-19 to Rs. 2,873 crore in Mar-23.

The operating profit of the company has also been on the rise, with a maximum of Rs. 248 crore in Mar-23.

Moreover, Hindware Home Innovation Ltd’s net profit has seen substantial growth, reaching a maximum of Rs. 201.68 crore in Mar-22, which is almost four times higher than the net profit of Mar-19. However, last 2 years, net profit has declined.

The company’s earnings per share (EPS) has also been showing positive growth trends, rising from Rs. 3.2 in Mar-20 to Rs. 27.89 in Mar-22 and then a decline to Rs. 7.96 in March 2023.

Though recent few quarters in net profit has been declining, the sales and operating profit is rising.

Hindware Home Innovation Ltd is expected to continue its growth trajectory and become a good investment option for shareholders.

FAQS

What is the share price target for Hindware Home Innovation in 2024?

For the tyear 2024, the share price target for Hindware Home Innovation varies by year, with a maximum target of ₹600.24 and a minimum target of ₹456.42.

Can Hindware Home Innovation’s share price reach 1000INR by 2026?

As per our analysis, Hindware Home Innovation Ltd’s share price has the potential to reach 1000INR by December 2026 based on past performance and growth projections.

What factors may impact Hindware Home Innovation Ltd’s share price in the coming years?

Factors that may impact Hindware Home Innovation Ltd’s share price include changes in consumer behavior, real estate expansion, unique and latest designs, and company-specific developments such as new product launches.

What is the company’s overall growth outlook?

Hindware Home Innovation Ltd’s growth outlook is positive, with the company expected to expand its market presence and product portfolio in the coming years.

What is the average return on investment for Hindware Home Innovation Ltd’s shares?

Hindware Home Innovation Ltd’s shares have gone up by 86% in the last 3 years.

What is the analyst recommendation for investing in Hindware Home Innovation Ltd’s shares?

The analyst recommendation for investing in Hindware Home Innovation Ltd’s shares varies, with some analysts recommending a buy and others suggesting a hold or sell strategy.

What are some potential risks associated with investing in Hindware Home Innovation Ltd’s shares?

Potential risks associated with investing in Hindware Home Innovation Ltd’s shares include market volatility, economic downturns, and company-specific risks such as product recalls or changes in management.

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Conclusion

Hindware Home Innovations is a small cap company and a leading brand name in sanitary ware products. The company has been growing at a good pace, and is also recently added in MSCI India Domestic Small Cap Index.

Though the price to book value ratio, and the PE is on the higher side, the recent 20% drop in the share price has created a good opportunity for new investors to put their money in this small cap.

With signing up of more dealers, the business is expected to grow. Company is currently seeing a compounded annual sales growth of 21% for the last 3 years and a compounded profit growth of 35% for the same period.

Operating profit margin has been growing and currently stands at 9%.

I am expecting the company to grow at 15% yearly. While at the time of updating this article, I am not invested in Hindware Home Innovation, and drop in its share price by another 10-20%, I might jump in.

For the time being, I am keeping Hindware Home Innovation ltd in my radar.

Please do not take any advice mentioned in ‘Hindware Home Innovation ltd Price Prediction 2024 to 2030‘ as any financial advise. Please DYOR and refer a financial consultant before investing in Hindware Home Innovation or any other securities. 

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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