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Somany Home Innovation Ltd

Somany Home Innovation Ltd

Products and Retail divisions of HSIL Limited (HSIL) weredemerged from HSIL and vested into SHIL

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shilgroup.com
Is a
Product
Product

Somany Home Innovation Ltd (SHIL) is the fastest growing player in Consumer Appliances and the leader in the Building Product segment with 3 distinct distribution channels to market. SHIL is focused on servicing end-consumers and involved in branding, marketing, sales & distribution and service of various product categories.

Home to a range of trusted brands, Somany Home

Innovation Limited (SHIL)’s portfolio of products spans

home and bathroom improvement solutions.

SHIL was incorporated as a public unlisted company

under the Companies Act, 2013 on 28 September 2017

in Kolkata, West Bengal. Pursuant to the Composite

Scheme of Arrangement approved by the

Hon’ble National Company Law Tribunal, Kolkata

Bench, the marketing and distribution of Consumer

Products and Retail divisions of HSIL Limited (HSIL) were

demerged from HSIL and vested into SHIL. Further, the

marketing and distribution of Building Products of HSIL is

vested into Brilloca Limited, a wholly-owned subsidiary

of SHIL. The Company’s equity shares were listed on

the National Stock Exchange (NSE) and Bombay Stock

Exchange (BSE) on 26 December 2019

The new decade will see consumer narratives

be dramatically rewritten, the opportunity

landscapes re-drawn, and consumer aspirations

reimagined. The future will be determined by

the way we innovate and respond today.

That is why we, at Somany Home Innovation

Limited, continually strive to improve every

day for millions of people.

We believe we can enrich consumer’s daily

life, by making their homes and bathrooms an

abode of care and wellbeing. This is embodied

in everything we do. In every idea, every design

and every product.

UNDERSTANDING OUR BUSINESSES

We successfully balance innovation, design and

wellbeing experiences, to offer thoughtfully

crafted products, under well-established brands.

Technology is indispensable to all of our businesses and

is the key component to accelerating and generating

synergy among them.

Our vast array of products across segments, price

points, marketing muscle, distribution network,

and established relationships with existing dealers

and customers enable us to grow sustainably.

Further, strategically robust supply chain and

outsourced manufacturing help improve productivity

and flexibility in our operations.

We are increasingly leveraging our brand equity and

scale, while at the same time benefiting from deep

consumer understanding to leverage opportunities.

As a result, we are catering to varying customer

tastes and preferences and driving relevant

product innovations.

Consumer Products

The Consumer Products portfolio consists of a selection

of household appliances – from kitchen appliances,

such as kitchen chimneys, cooker hoods, built-in hobs,

cooktops, built-in ovens, sinks, through the brand

Hindware Kitchen Ensemble; to storage, instant and

gas water heaters through Hindware Atlantic; to

water purifiers and air purifiers through Moonbow by

Hindware and Hindware; and to air coolers and ceiling

fans through Hindware Snowcrest.

Retail

The Retail portfolio, through the brand EVOK, consists

of a range of products across categories, such as

furniture, home décor and furnishing, wall fashion,

modular kitchen and wardrobes, and engineered wood

furniture, with modern designs that cater to different

styles and needs of the customers.

With the presence of physical stores, franchise business

partners and robust developing platform www.evok.in,

EVOK is on the path of becoming the most promising

omni-channel brand in the furniture, modular kitchen,

decor and furnishing categories.

Building Products

We are the makers of the iconic sanitaryware brand

Hindware. With decades of expertise and consumer

research, we are pioneers in the sanitaryware and faucets

space. We understand that a bathroom is a reflection of

one’s lifestyle and taste, and our endeavour is to help our

customers create their dream bathrooms.

The Building Products portfolio consists of a versatile range

of best-in-class sanitaryware, faucets, plastic pipes and

fittings, premium and super-premium tiles, and wellness

products, catering to a wide cross-section of customers.

We have leading innovative brands in our sanitaryware and

faucets segments that capture the entire value spectrum,

such as Queo and Amore (the luxury brand), Alchymi

(the super-premium brand), Hindware Italian Collection

and Hindware (premium brands) and H-Vitreous and

Benelave (mass segment brands).

Our plastic pipes and fittings segment, through the brand

TRUFLO by hindware, comprises Chlorinated Polyvinl

Chloride (CPVC), Unplasticised PVC (UPVC), Soil-Waste-Rain

(SWR) pipes and PVC pipes for potable water.

We recently forayed into the premium and super-premium

tiles segment with the brand NEOM – Neo modern

tiles by Hindware.

Timeline

No Timeline data yet.

Further Resources

Title
Author
Link
Type
Date

https://www.shilgroup.com/pdf/SHIL-Annual-Report-2019-2020.pdf

https://www.shilgroup.com/pdf/Unaudited-Standalone-and-Consolidated-Financial-Results.pdf

References

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