HSIL

01 Aug 2015 CW Team

¨Despite a tough environment, HSIL managed to keep its head above water.¨
- Sandip Somany, JMD, HSIL Ltd

The leading sanitaryware player in India and the second largest in ´container glass´ in the South, HSIL Ltd has a rich, 55-year legacy of serving the Indian consumer with innovation-driven products. From being the first to introduce vitreous China sanitaryware products in the country, the company´s honour roll gets longer by the year. -ôFY14-15 presented a tough economic and business environment, but HSIL as a company managed to keep its head above water,¨ says Sandip Somany, Joint Managing Director, HSIL Ltd. ¨Three steps undertaken by us were crucial to our growth.¨

The first step was the completion of the qualified institutional placement (QIP), raising Rs 250 crore, which reduced total debt by a quarter and strengthened the company to undertake the next phase of growth with a five-year horizon. The second was the establishment of Rs 120-crore Greenfield faucet plant with robotic technology in Kaharani, Rajasthan, with the capacity to manufacture 2.5 million pieces a year. And the third is celebrity endorsement to capture consumer attention - the company has signed on Bollywood A-listers for the first time, with Shah Rukh Khan endorsing premier brand hindware Italian Collection and Jacqueline Fernandez for luxury brand Queo. HSIL hopes to reap the benefits of these steps as it gears up for the future.

Particulars	Net sales	PBDIT	Net profit
*FY15 (Rs.crore)	1,937.3	336.1	85.4
Growth % over FY14	6.2	30.7	151.4
*Consolidated fi gures

Infrastructure Urban

16 Mar 2026

India Eases Rules To Allow Chinese Investment, Sets Ownership Limits

The government has eased foreign direct investment norms to permit investments from companies of countries that share a land border with India while setting ownership limits and requiring prior approval in specified cases. The revised rules aim to balance the need for capital inflows with national security concerns and will apply to investments routed through government approval mechanisms rather than the automatic route. Officials indicated the changes are intended to provide clarity to investors and reduce transaction friction. The new framework requires that proposals involving entities of ..

Dr Jitendra Singh Visits Science And Energy Exhibition

Union Minister of State (Independent Charge) for Science and Technology and for Earth Sciences, Dr Jitendra Singh, visited an exhibition at Dr Ambedkar International Centre in New Delhi showcasing India’s space, nuclear and strategic mineral capabilities. He said presenting these achievements helps ignite students’ aptitude and discover talent and advised organisers to arrange conducted visits by school and college students. He suggested preparing short social media versions of the exhibits to widen engagement. The exhibition outlined India’s capabilities in launch vehicles, satellite sy..

NLC India Advances Sustainable Mine Restoration

NLC India Limited has reported progress in reclaiming mined landscapes across its lignite projects, pursuing responsible mining and environmental sustainability. As on 28 February 2026 the company reported a total mined-out area of 6,571 hectares of which 3,236 hectares have been physically reclaimed and 2,866 hectares biologically reclaimed, and plantation work has yielded three point three nine five million (mn) saplings. The reclaimed areas have been converted into green landscapes, water bodies and productive agricultural zones. At Neyveli reclaimed mine areas have been redeveloped as Mine..