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HINDWARE SANITARYWARE
The new defensive stocks of the Indian economy: 2 sectors, 7 stocks and an upside potential of up to 53%After witnessing a sharp surge in their valuations from 2020 to 2023, a number of these stocks have been in what can be called a valuations...
Fundamental Radar: 5 factors to drive 14% sales CAGR for Hindware Home: Sandeep RainaHindware expanded its addressable market to Rs 50,000 crore in 2022 from Rs 4,000 crore in 2012 by extending its established brand ‘Hindwar...
Warburg Pincus buys bathroom fittings major WatertecThe US based private equity fund Warburg Pincus has signed an agreement to acquire a majority stake in Watertec India. Watertec (India) is ...
Warburg Pincus, Kedaara in talks to acquire WatertecWatertec (India) Pvt Limited was set up in 1997 as a three-way joint venture among Coimbatore-based UMS Group, Watertec Malaysia and Sri La...
Hindware Home Innovation delivers strong topline growth Q2FY23 clocks revenue growth of 16%For the quarter, Consolidated Revenue from Operations came in at ₹715 crore, up 16%. EBITDA grew 11% to ₹64 crore compared to ₹58 crore in ...
Somany Home Innovation posts Rs 104 cr net profit in June qtrThe Gurugram-based company said that revenue stood at Rs 342.3 crore, a growth of 84.7 per cent on-year, after the lockdowns were lifted fr...
HSIL jumps 10% as Q4 net profit rises multifoldThe sanitaryware and packaging products maker reported a net profit of Rs 33.02 crore for the quarter ended March 2021. The company had pos...
'Even during the pandemic, we never had to run our business with zero revenue'Brilloca Ltd's Sandip Somany and Sudhanshu Pokhriyal talk about overcoming challenging times.
HSIL targets 15% annual growth in building productsKerala is a key market for the company as it contributes 6% of its turnover of Rs 1300 crore from its building products division.
HSIL targets Rs 6,000 cr revenue in five yearsThe company is setting up a security closure plant and a CPVC pipes plant in Telangana, which will be a backward integration to its buildin...
HSIL eyes doubling building product sales to Rs 2,000 cr in 5 yearsSanitaryware manufacturer HSIL is looking to double sales to Rs 2,000 crore from its building product division in the next five years.
HSIL plans setting up JV plant in India with French company Groupe AtlanticThe company expects to have a 12-14 per cent market share of the total water heater market in the country at the end of three years.
HSIL Ltd raises Rs 250 crore through Qualified Institutional PlacementThe company's shares, having face value of Rs 2, were subscribed on a premium of Rs 398 by foreign and domestic institutional investors, HS...
- Evok eyeing Rs 400 cr revenue by FY '14 through expansion
Evok on Sunday said it plans to expand its footprint in the western and southern region of the country with a view to enhance its annual re...
- Hindustan Sanitaryware eyes 2 firms in Europe
Hindustan Sanitaryware & Industries (HSIL), which sells its products under Hindware brand, is eyeing acquisitions in Europe
- Hindustan Sanitaryware aims Rs 2,500 cr turnover by 2013-14
The Somany Group flagship company Hindustan Sanitaryware is planning a major expansion of glass and ceramic sanitaryware divisions, besides...
- Sparkling Success
Recognising a market opportunity and addressing it has been the beginning of many entrepreneurial ventures.