Hindware Home Innovation (NSE:HINDWAREAP) Second Quarter 2023 Results
Key Financial Results
- Revenue: ₹7.23b (up 16% from 2Q 2022).
- Net income: ₹162.5m (down 35% from 2Q 2022).
- Profit margin: 2.2% (down from 4.0% in 2Q 2022). The decrease in margin was driven by higher expenses.
- EPS: ₹2.25 (down from ₹3.44 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hindware Home Innovation shares are up 1.9% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we’ve spotted 2 warning signs for Hindware Home Innovation you should be aware of, and 1 of them makes us a bit uncomfortable.
Valuation is complex, but we’re helping make it simple.
Find out whether Hindware Home Innovation is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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