HSIL
ECONOMY & POLICY

HSIL

¨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

¨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

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement