NSE
BSEThe Quarter story
The two most recent quarterly results, compared side-by-side.
Hindware scales revenue and trims debt, but margin compression and volume normalization signal near-term operational headwinds.
Bathware revenue expands from ₹341 Cr to ₹397 Cr from Q1 to Q4 FY26, driving top-line growth.
Bathware EBIT margin falls from 7% to 5.3% from Q1 to Q4 FY26, reflecting pricing headwinds.
Bathware net bank debt falls from ₹271 Cr to ₹234 Cr from Q1 to Q4 FY26, reducing leverage.
Bathware EBITDA margin slides from 13% to 9.5% from Q1 to Q4 FY26, showing cost inflation.
Bathware net working capital days improve from 95 to 89 from Q1 to Q4 FY26, boosting liquidity.
Bathware PBT margin slips from 4% to 2.9% from Q1 to Q4 FY26, confirming profit erosion.
Plastic pipes capacity expands from 16,639 MT to 18,694 MT from Q1 to Q4 FY26, enabling volume growth.
Plastic pipes sales volume eases from 11,324 MT to 10,221 MT from Q4 FY26 to Q1 FY27, indicating demand normalization.
