Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹3,966Cr
Rev Gr TTM
Revenue Growth TTM
9.97%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

HAWKINCOOK
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | -6.6 | 2.9 | -8.7 | 6.0 | 9.0 | 11.8 | 8.9 | 4.9 | 10.8 | 5.1 | 7.0 | 16.2 |
| 222 | 174 | 223 | 246 | 231 | 194 | 250 | 257 | 260 | 204 | 272 | 285 |
Operating Profit Operating ProfitCr |
| 12.6 | 14.3 | 17.8 | 9.9 | 16.6 | 14.6 | 15.4 | 10.0 | 15.3 | 14.6 | 13.9 | 14.0 |
Other Income Other IncomeCr | 1 | 2 | 2 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 3 |
Interest Expense Interest ExpenseCr | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 |
| 30 | 28 | 47 | 27 | 46 | 34 | 46 | 29 | 47 | 35 | 43 | 45 |
| 8 | 7 | 12 | 7 | 12 | 9 | 12 | 7 | 13 | 9 | 11 | 12 |
|
Growth YoY PAT Growth YoY% | 6.7 | -9.8 | 14.2 | 9.0 | 49.7 | 20.4 | -3.2 | 7.6 | 0.7 | 3.5 | -6.2 | 58.1 |
| 9.0 | 10.2 | 13.0 | 7.2 | 12.3 | 11.0 | 11.5 | 7.4 | 11.2 | 10.8 | 10.1 | 10.1 |
| 43.1 | 39.3 | 66.6 | 37.3 | 64.5 | 47.4 | 64.5 | 40.1 | 65.0 | 49.0 | 60.4 | 63.4 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 5.8 | -5.9 | 7.9 | 18.1 | 3.2 | 14.0 | 24.7 | 5.0 | 1.8 | 8.9 | 7.0 |
| 464 | 476 | 438 | 482 | 567 | 570 | 658 | 838 | 870 | 874 | 961 | 1,022 |
Operating Profit Operating ProfitCr |
| 9.9 | 12.5 | 14.5 | 12.8 | 13.2 | 15.4 | 14.4 | 12.5 | 13.5 | 14.7 | 13.8 | 14.4 |
Other Income Other IncomeCr | 4 | -1 | 4 | 11 | 4 | 3 | 7 | 6 | 4 | 11 | 14 | 13 |
Interest Expense Interest ExpenseCr | 4 | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 5 | 5 | 3 | 3 |
Depreciation DepreciationCr | 4 | 3 | 3 | 4 | 4 | 5 | 5 | 7 | 8 | 9 | 10 | 13 |
| 47 | 60 | 71 | 74 | 82 | 98 | 108 | 113 | 127 | 148 | 155 | 170 |
| 15 | 20 | 24 | 25 | 28 | 26 | 27 | 29 | 32 | 38 | 40 | 44 |
|
| | 25.6 | 17.6 | 2.6 | 11.4 | 33.7 | 11.2 | 4.0 | 13.0 | 15.9 | 4.4 | 9.7 |
| 6.2 | 7.4 | 9.3 | 8.8 | 8.3 | 10.8 | 10.5 | 8.8 | 9.4 | 10.7 | 10.3 | 10.5 |
| 60.7 | 76.3 | 89.7 | 92.1 | 102.5 | 137.1 | 152.5 | 158.6 | 179.2 | 207.7 | 216.9 | 237.8 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| 54 | 56 | 101 | 105 | 113 | 134 | 172 | 208 | 271 | 328 | 378 | 367 |
Current Liabilities Current LiabilitiesCr | 108 | 134 | 116 | 118 | 123 | 142 | 186 | 154 | 154 | 170 | 175 | 229 |
Non Current Liabilities Non Current LiabilitiesCr | 16 | 22 | 13 | 18 | 25 | 17 | 29 | 42 | 30 | 23 | 25 | 29 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 152 | 186 | 204 | 215 | 233 | 257 | 333 | 345 | 375 | 427 | 456 | 495 |
Non Current Assets Non Current AssetsCr | 31 | 31 | 32 | 30 | 34 | 42 | 59 | 65 | 86 | 99 | 127 | 135 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | -6 | 66 | 189 | -52 | 92 | 174 | 102 |
Investing Cash Flow Investing Cash FlowCr | 42 | -20 | -119 | 82 | -47 | -104 | -27 |
Financing Cash Flow Financing Cash FlowCr | -45 | -52 | -40 | -51 | -33 | -70 | -76 |
|
Free Cash Flow Free Cash FlowCr | -14 | 55 | 175 | -72 | 72 | 149 | 69 |
| -11.3 | 90.6 | 234.3 | -62.2 | 97.3 | 158.7 | 88.9 |
CFO To EBITDA CFO To EBITDA% | -7.1 | 63.2 | 170.5 | -43.5 | 68.2 | 116.0 | 66.0 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 1,608 | 1,348 | 1,538 | 1,481 | 1,630 | 2,054 | 2,828 | 2,681 | 3,257 | 3,211 | 3,816 |
Price To Earnings Price To Earnings | 58.9 | 39.8 | 32.4 | 30.4 | 30.0 | 28.3 | 35.0 | 31.9 | 34.4 | 29.2 | 33.3 |
Price To Sales Price To Sales | 3.1 | 2.5 | 3.0 | 2.7 | 2.5 | 3.0 | 3.7 | 2.8 | 3.2 | 3.1 | 3.4 |
Price To Book Price To Book | 27.3 | 22.1 | 14.4 | 13.5 | 13.7 | 14.7 | 15.9 | 12.6 | 11.8 | 9.6 | 9.9 |
| 31.4 | 19.6 | 20.1 | 20.0 | 18.8 | 19.6 | 24.4 | 22.2 | 23.6 | 20.3 | 23.6 |
Profitability Ratios Profitability Ratios |
| 55.9 | 60.6 | 57.1 | 52.9 | 55.1 | 57.0 | 52.5 | 49.0 | 49.1 | 51.9 | 51.9 |
| 9.9 | 12.5 | 14.5 | 12.8 | 13.2 | 15.4 | 14.4 | 12.5 | 13.5 | 14.7 | 13.8 |
| 6.2 | 7.4 | 9.3 | 8.8 | 8.3 | 10.8 | 10.5 | 8.8 | 9.4 | 10.7 | 10.3 |
| 65.8 | 68.9 | 61.8 | 61.0 | 58.8 | 61.0 | 52.4 | 46.4 | 41.4 | 41.7 | 38.8 |
| 54.5 | 66.0 | 44.5 | 44.3 | 45.7 | 51.9 | 45.4 | 39.4 | 34.3 | 32.9 | 29.9 |
| 17.6 | 18.6 | 20.1 | 19.8 | 20.3 | 24.3 | 20.6 | 20.5 | 20.6 | 20.9 | 19.6 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
Hawkins Cookers Limited is a premier Indian consumer durables company specializing in the design, manufacture, and distribution of pressure cookers, cookware, and kitchen electricals. Known for its high brand equity and engineering-led product development, the company has consistently delivered record-breaking financial performance, crossing the **Rs. 1,000 crore** revenue milestone in **FY 2022-23**.
---
### **Manufacturing Infrastructure & Strategic Expansion**
Hawkins operates a robust manufacturing network designed for scale and quality control. A significant milestone was achieved on **June 5, 2025**, with the commencement of commercial operations at the company’s **fourth factory**.
| Facility Location | State | Operational Status & Features |
|:---|:---|:---|
| **Thane** | Maharashtra | Operational; features a **Zero Liquid Discharge** system. |
| **Hoshiarpur** | Punjab | Operational. |
| **Satharia (Unit 1)** | Uttar Pradesh | Operational. |
| **Satharia (Unit 2)** | Uttar Pradesh | **New Facility**; commenced operations **June 2025**. |
The company has also optimized its supply chain for regional efficiency and social impact. In **FY 2024-25**, **93%** of sourcing was conducted **within the State** of operation (up from **40%** in **FY 2022-23**), and **39%** of materials were sourced directly from **MSMEs and small producers**.
---
### **Product Innovation & Segment Diversification**
Hawkins maintains a high-velocity R&D cycle to stay ahead of both organized competitors and unorganized local players. The company’s R&D unit is recognized by the **Department of Scientific and Industrial Research**.
* **Rapid Product Launches:** The company launched **58 new products** in **FY 2024-25**, following **53 launches** in the previous year, averaging more than one new product per week.
* **Entry into Kitchen Electricals:** In **August 2024**, Hawkins entered the electrical segment with the **Futura Smart Electronic Kettle**. This pilot features a **1200 Watt** heater, **1.4 Litre** capacity, and micro-chip temperature control (**30°C to 100°C**).
* **Advanced Cookware Technology:**
* **Ceramic-based Nonstick:** A **PFAS/PFOA-free** range that requires **36% less oil** and is highly heat-resistant.
* **Tri-Ply Stainless Steel:** Extra-thick construction with exterior ceramic coating.
* **Intellectual Property:** As of **2025**, the company holds **141 valid patents and design registrations**, up from **130** in the previous year.
---
### **Financial Performance & Shareholder Value**
Hawkins has demonstrated a consistent upward trajectory in revenue and profitability over a three-year horizon.
| Metric (Rs. Crores) | FY 2024-25 | FY 2023-24 | FY 2022-23 |
| :--- | :--- | :--- | :--- |
| **Revenue from Operations** | **1,115.76** | **1,024.15** | **1,005.79** |
| **Profit Before Tax (PBT)** | **154.87** | **147.55** | **126.91** |
| **Net Profit After Tax (PAT)** | **114.69** | **109.84** | **94.78** |
| **Earnings Per Share (EPS)** | **Rs. 216.90** | **Rs. 207.71** | **Rs. 179.24** |
| **Dividend Per Share** | **Rs. 130** | **Rs. 120** | **Rs. 100** |
**Capital Structure & Liquidity:**
* **Equity Base:** Stable paid-up capital of **Rs. 5.29 crores** (Face Value **Rs. 10**).
* **Reserves:** Total reserves (excluding revaluation) stood at **Rs. 377.96 crores** as of June 30, 2025.
* **Credit Rating:** Maintained a strong **ICRA AA- (Stable)** rating for Fixed Deposits and Bank Facilities.
* **Q1 FY 2025-26 Update:** Reported a Total Comprehensive Income of **Rs. 25.84 crores** with a quarterly EPS of **Rs. 49.05**.
---
### **Market Presence & Distribution Model**
Hawkins leverages a multi-channel distribution strategy to reach households, professional chefs, and institutional clients like the **Canteen Stores Department**.
* **Domestic Dominance:** Revenue of **Rs. 1,019.78 crore** in **FY 2024-25**.
* **Global Reach:** A **two-star export house** serving **64 countries**. Export revenue grew **30.2%** YoY to **Rs. 73.28 crores** in **FY 2024-25**.
* **Sales Terms:** Low-risk model with the majority of sales on an **advance payment basis**. Standard credit for approved customers is capped at **30 to 60 days**.
* **Service Network:** A massive network of **876 company-trained authorized service centres** ensures long-term consumer trust.
---
### **Leadership & Governance Strategy**
The company prioritizes management continuity and technical expertise at the board level.
| Executive | Designation | Tenure |
| :--- | :--- | :--- |
| **Mr. Subhadip Dutta Choudhury** | **Chairman & Managing Director** | **2025 – 2028** |
| **Mr. Sudeep Yadav** | **Vice-Chairman & CFO** | **2025 – 2028** |
| **Mr. B. S. Sethi** | **EVP – Research & Development** | Appointed **Sept 2024** |
The board includes Independent Directors **Mr. Shyamak Ramyar Tata** and **Mr. Sanjay Khatau Asher**, ensuring compliance with **SEBI** and **Companies Act, 2013** standards.
---
### **Risk Management & Sustainability**
Hawkins operates under a formal **Risk Management Framework** to mitigate commodity, operational, and regulatory threats.
* **Commodity Volatility:** Aluminium prices (LME) fluctuated from **$3,257** in 2022 to **$2,381** in 2025. Hawkins does not hedge commodities but manages margins through strategic **price increases**, such as those implemented in **April 2025**.
* **Sustainability & Circular Economy:**
* **Cashback Scheme:** Encourages recycling by offering rebates for old pots/pans.
* **Waste Management:** Adheres to **Extended Producer Responsibility (EPR)** for aluminium and e-waste.
* **Energy Efficiency:** Operates *savewithpressurecookers.com* to educate consumers on fuel economy.
* **Operational Safety:** Implements **Hazard Identification and Risk Assessment (HIRA)**. All machinery is equipped with photo cells and safety guards.
* **Governance Integrity:** **Zero** reported cases of data breaches, sexual harassment, or bribery/corruption fines over the last three reporting cycles. There have been **no product recalls** in the same period.