HAVELLS - Havells India Limited Share Price

Consumer Durables

₹1561.60-39.40(-2.46%)

Market Closed as of May 2, 2025, 15:30 IST

What does Havells India Limited do?

Consumer Electronics•Consumer Durables•Large Cap

Havells India is a prominent consumer electronics company, listed under the stock ticker HAVELLS, with a notable market capitalization of Rs. 91,568 Crores.

The company specializes in manufacturing, trading, and selling a diverse range of consumer electrical and electronic products, both in India and internationally. It operates through six main segments:

Switchgears
Cables
Lighting and Fixtures
Electrical Consumer Durables
Lloyd Consumer
Others

Havells offers a wide array of products including:

Switches and switchgears such as circuit breakers, energy savers, and distribution boards.
Lighting products and various home appliances like air conditioners, LED televisions, and washing machines.
Fans in multiple forms including ceiling, table, and exhaust fans.
Pumps, dishwashers, and other heavy-duty electrical equipment.
Motors for various applications, along with solar solutions and IOT-enabled power solutions.

The company's products are marketed under several well-known brands including Havells, Lloyd, Havells Crabtree, Standard, REO, and Havells Studio. It boasts an international presence, exporting products to approximately 70 countries.

Founded in 1958 and based in Noida, India, Havells has reported trailing 12-month revenues of Rs. 20,986.8 Crores. The company also distributes dividends to its investors, currently yielding 0.89% annually, with each share returning Rs. 13 in dividends over the last year.

In the past three years, the company has experienced a significant revenue growth of 61.4%, although it has also diluted shareholdings by 0.1% during this period.

Industry Group:Consumer Durables

Employees:7,153

Website:www.havells.com

Description	Share	Value
Cables	34.5%	1.7 kCr
Electrical Consumer Durables	22.6%	1.1 kCr
Lloyd Consumer	15.2%	742.2 Cr
Switchgears	11.8%	576.9 Cr
Lighting & Fixtures	9.1%	446.4 Cr
Others	6.8%	330.8 Cr
Total		4.9 kCr

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	HAVELLS	Consumer
PE	69.99	87.55
PS	4.67	3.64
Growth	15.1 %	44.5 %

Share Holdings

Understand Havells India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
QRG Investments and Holdings Limited	41.25%
Shri Anil Rai Gupta as Managing Trustee of ARG Family Trust	12.35%
Shri Surjit Kumar Gupta as Trustee of SKG Family Trust	5.81%
Life Insurance Corporation Of India	4.43%
Nalanda India Equity Fund Limited	4.12%
Government Pension Fund Global	1.62%
Nps Trust A/C Uti Pension Fund Limited-Scheme State Govt	1.53%
Government Of Singapore	1.01%
QRG Enterprises Limited	0%
Smt Vinod Gupta	0%
Shri Anil Rai Gupta	0%
Smt Sangeeta Rai Gupta	0%
Shri Abhinav Rai Gupta	0%
Shri Surjit Kumar Gupta	0%
Shri Ameet Kumar Gupta	0%
Smt Santosh Gupta	0%
Smt Shalini Gupta	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Valuation
Market Cap	97.98 kCr
Price/Earnings (Trailing)	69.99
Price/Sales (Trailing)	4.67
EV/EBITDA	42.26
Price/Free Cashflow	86.72
MarketCap/EBT	51.87

Fundamentals
Revenue (TTM)	20.99 kCr
Rev. Growth (Yr)	10.82%
Rev. Growth (Qtr)	6.93%
Earnings (TTM)	1.4 kCr
Earnings Growth (Yr)	-3.46%
Earnings Growth (Qtr)	3.81%

Profitability
Operating Margin	9%
EBT Margin	9%
Return on Equity	17.93%
Return on Assets	10.9%
Free Cashflow Yield	1.15%

Balance Sheet for Havells India

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	28.1%	311	243	312	457	269	764
Current investments	-	0	0	0	181	281	153
Total current financial assets	-8.2%	3,850	4,194	2,875	3,131	2,656	3,484
Inventories	12.1%	3,821	3,409	3,562	3,708	3,551	2,968
Total current assets	1.4%	7,978	7,864	6,681	7,041	6,414	6,586
Property, plant and equipment	19.3%	3,109	2,606	2,447	2,228	1,986	2,021
Capital work-in-progress	-56.4%	130	297	143	163	62	57
Goodwill	0%	310	310	310	310	310	310
Non-current investments	0%	20	20	20	20	20	273
Total non-current financial assets	9.6%	58	53	219	170	153	384
Total non-current assets	5.7%	4,815	4,554	4,321	4,091	3,756	3,918
Total assets	3%	12,793	12,420	11,004	11,143	10,170	10,505
Borrowings, non-current	-	0	0	0	0	0	273
Total non-current financial liabilities	10.6%	272	246	248	194	171	277
Provisions, non-current	-19.5%	71	88	118	137	111	76
Total non-current liabilities	2%	717	703	732	696	640	887
Borrowings, current	-	0	0	0	0	0	123
Total current financial liabilities	3.9%	3,677	3,539	2,863	3,304	2,991	3,028
Provisions, current	2.2%	284	278	281	275	227	253
Current tax liabilities	10.7%	94	85	59	32	35	63
Total current liabilities	0.1%	4,284	4,279	3,383	3,832	3,369	3,629
Total liabilities	0.4%	5,001	4,981	4,115	4,529	4,009	4,517
Equity share capital	0%	63	63	63	63	63	63
Total equity	4.8%	7,793	7,438	6,889	6,614	6,161	5,989
Total equity and liabilities	3%	12,793	12,420	11,004	11,143	10,170	10,505

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	43.8%	382	266	320	465	277	776
Current investments	-	0	0	0	181	281	153
Total current financial assets	-7.1%	3,924	4,224	2,887	3,142	2,668	3,498
Inventories	13.1%	3,855	3,409	3,562	3,709	3,551	2,968
Current tax assets	-	0	0	0	0	-	27
Total current assets	2.4%	8,090	7,897	6,695	7,056	6,429	6,606
Property, plant and equipment	19.3%	3,110	2,606	2,447	2,228	1,986	2,021
Capital work-in-progress	-56.4%	130	297	143	163	62	57
Goodwill	0%	310	310	310	310	310	310
Non-current investments	0%	20	20	20	20	20	273
Total non-current financial assets	11.5%	59	53	219	171	153	318
Total non-current assets	4.9%	4,754	4,533	4,321	4,091	3,756	3,917
Total assets	3.3%	12,843	12,433	11,018	11,157	10,185	10,523
Borrowings, non-current	-	0	0	0	0	0	273
Total non-current financial liabilities	10.6%	272	246	248	7.21	171	277
Provisions, non-current	-19.5%	71	88	118	137	111	76
Total non-current liabilities	2%	717	703	732	696	640	887
Borrowings, current	-	0	0	0	0	0	123
Total current financial liabilities	4.7%	3,707	3,540	2,865	3,268	2,993	3,028
Provisions, current	2.2%	284	278	281	275	227	253
Current tax liabilities	10.7%	94	85	59	32	35	63
Total current liabilities	0.8%	4,317	4,283	3,387	3,836	3,372	3,633
Total liabilities	1%	5,034	4,986	4,119	4,532	4,012	4,520
Equity share capital	0%	63	63	63	63	63	63
Non controlling interest	-	16	0	0	0	-	0
Total equity	4.9%	7,809	7,447	6,899	6,625	6,173	6,003
Total equity and liabilities	3.3%	12,843	12,433	11,018	11,157	10,185	10,523

Investor Care
Dividend Yield	0.83%
Dividend/Share (TTM)	13
Shares Dilution (1Y)	0.04%
Diluted EPS (TTM)	22.32

Financial Health
Current Ratio	1.87
Debt/Equity	0.00
Debt/Cashflow	0.00

Cash Flow for Havells India

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	40.6%	46	33	0
Change in inventories	140.3%	300	-740.39	-348.19
Depreciation	14.2%	338	296	261
Impairment loss / reversal	41.7%	18	13	2.39
Unrealised forex losses/gains	81.9%	-0.31	-6.25	-5.55
Adjustments for interest income	-	185	0	0
Net Cashflows from Operations	124.2%	2,351	1,049	2,204
Interest paid	-	0	0	-32.11
Interest received	99.2%	0	-123.23	-103.76
Income taxes paid (refund)	0%	392	392	414
Other inflows (outflows) of cash	-103.3%	0	31	26
Net Cashflows From Operating Activities	247.2%	1,959	565	1,744
Cashflows used in obtaining control of subsidiaries	-	21	0	0
Proceeds from sales of PPE	1711%	24	2.27	5.56
Purchase of property, plant and equipment	33.7%	786	588	258
Proceeds from government grants	-	3.21	0	3.72
Interest received	26.1%	151	120	95
Other inflows (outflows) of cash	-300.2%	-1,005.81	504	-605.13
Net Cashflows From Investing Activities	-4404.1%	-1,634.57	39	-759.21
Proceeds from exercise of stock options	-23.1%	21	27	31
Proceeds from borrowings	-	0	0	0.04
Repayments of borrowings	-100.3%	0	394	97
Payments of lease liabilities	22.6%	77	63	49
Dividends paid	0%	470	470	407
Interest paid	10.7%	7.62	6.98	24
Net Cashflows from Financing Activities	41.1%	-533.55	-906.93	-547.15
Effect of exchange rate on cash eq.	-17.1%	-4.54	-3.73	-0.89
Net change in cash and cash eq.	30.3%	-213.51	-306.84	437

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	40.6%	46	33	0
Change in inventories	140.3%	300	-740.5	-348.19
Depreciation	14.2%	338	296	261
Impairment loss / reversal	13.3%	18	16	2.39
Unrealised forex losses/gains	81.9%	-0.31	-6.25	-4.89
Adjustments for interest income	-	185	0	104
Net Cashflows from Operations	123.9%	2,345	1,048	2,084
Interest paid	-	0	0	-32.11
Interest received	99.2%	0	-123.24	0
Income taxes paid (refund)	0%	392	392	415
Other inflows (outflows) of cash	-103.1%	0	33	26
Net Cashflows From Operating Activities	246.1%	1,953	565	1,728
Proceeds from sales of PPE	1711%	24	2.27	5.56
Purchase of property, plant and equipment	33.7%	786	588	258
Proceeds from government grants	-	3.21	0	3.72
Interest received	26.1%	151	120	96
Other inflows (outflows) of cash	-301.8%	-1,005.81	500	-605.13
Net Cashflows From Investing Activities	-4849.6%	-1,613.86	35	-758.56
Proceeds from exercise of stock options	-23.1%	21	27	31
Proceeds from borrowings	-	0	0	0.04
Repayments of borrowings	-100.3%	0	394	97
Payments of lease liabilities	22.6%	77	63	49
Dividends paid	0%	470	470	407
Interest paid	10.7%	7.62	6.98	24
Net Cashflows from Financing Activities	41.1%	-533.55	-906.92	-547.15
Effect of exchange rate on cash eq.	-17.1%	-4.54	-3.73	-0.9
Net change in cash and cash eq.	35.8%	-199.06	-310.68	421

Income Statement for Havells India

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	10%	18,550	16,868	13,889	10,428	9,429	10,058
Other Income	40.9%	249	177	160	188	112	128
Total Income	10.3%	18,799	17,045	14,049	10,616	9,541	10,185
Cost of Materials	6%	9,874	9,318	7,772	5,391	4,390	4,513
Purchases of stock-in-trade	-19.2%	2,420	2,995	1,831	1,615	1,273	2,014
Employee Expense	22.1%	1,541	1,262	1,015	885	900	832
Finance costs	36.4%	46	34	53	73	20	16
Depreciation and Amortization	14.2%	338	296	261	249	218	149
Other expenses	12.7%	2,627	2,332	1,732	1,502	1,667	1,754
Total Expenses	9.6%	17,089	15,595	12,445	9,184	8,639	9,030
Profit Before exceptional items and Tax	17.9%	1,710	1,450	1,604	1,432	902	1,155
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	17.9%	1,710	1,450	1,604	1,432	902	1,155
Current tax	21.2%	441	364	398	339	199	270
Deferred tax	-149.9%	-3.99	11	12	53	-30.23	94
Total tax	16.6%	437	375	409	392	169	364
Total profit (loss) for period	18.4%	1,273	1,075	1,195	1,040	733	792
Other comp. income net of taxes	33%	-4.81	-7.67	5.52	-2.02	-3.73	-4.77
Total Comprehensive Income	18.9%	1,268	1,067	1,200	1,038	729	787
Earnings Per Share, Basic	19.6%	20.32	17.16	19.08	16.61	11.71	12.66
Earnings Per Share, Diluted	19.6%	20.32	17.16	19.08	16.61	11.71	12.66

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	7.7%	4,882	4,533	5,798	5,434	4,401	3,891
Other Income	-31.5%	64	93	77	76	56	52
Total Income	6.9%	4,947	4,626	5,875	5,510	4,457	3,944
Cost of Materials	21.7%	2,973	2,444	3,088	2,826	2,462	2,263
Purchases of stock-in-trade	-19.5%	717	890	738	570	588	575
Employee Expense	0.9%	464	460	458	418	376	377
Finance costs	-6.8%	9.39	10	8.55	18	10	9.33
Depreciation and Amortization	9.6%	104	95	92	93	88	81
Other expenses	13.8%	785	690	814	730	658	546
Total Expenses	7.2%	4,564	4,258	5,322	4,909	4,066	3,608
Profit Before exceptional items and Tax	3.8%	382	368	553	601	391	335
Total profit before tax	3.8%	382	368	553	601	391	335
Current tax	3.3%	94	91	141	163	98	85
Deferred tax	12.1%	5.37	4.9	0.01	-10.06	4.94	1.41
Total tax	4.3%	99	95	141	153	103	86
Total profit (loss) for period	3.7%	283	273	411	449	288	249
Other comp. income net of taxes	0%	-1.34	-1.34	-1.33	-1.67	-1.07	-1.04
Total Comprehensive Income	3.7%	281	271	410	447	287	248
Earnings Per Share, Basic	4.8%	4.51	4.35	6.56	7.16	4.59	3.97
Earnings Per Share, Diluted	4.8%	4.51	4.35	6.56	7.16	4.59	3.97

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	9.9%	18,590	16,911	13,938	10,457	9,440	10,073
Other Income	40.1%	249	178	160	187	113	129
Total Income	10.2%	18,839	17,088	14,099	10,645	9,554	10,202
Cost of Materials	6%	9,874	9,318	7,770	5,382	4,380	4,524
Purchases of stock-in-trade	-19.1%	2,452	3,029	1,871	1,639	1,281	2,004
Employee Expense	22.2%	1,549	1,268	1,021	891	907	842
Finance costs	36.4%	46	34	53	73	20	16
Depreciation and Amortization	14.2%	338	296	261	249	218	153
Other expenses	12.5%	2,630	2,338	1,735	1,505	1,672	1,765
Total Expenses	9.5%	17,132	15,641	12,492	9,207	8,649	9,058
Profit Before exceptional items and Tax	18%	1,707	1,447	1,607	1,438	904	1,144
Total profit before tax	18%	1,707	1,447	1,607	1,438	904	1,144
Current tax	21.2%	441	364	399	341	199	270
Deferred tax	-149.9%	-3.99	11	12	53	-30.23	88
Total tax	16.6%	437	375	410	393	169	358
Total profit (loss) for period	18.6%	1,271	1,072	1,196	1,044	735	786
Other comp. income net of taxes	31%	-5.02	-7.73	6.18	-1.59	-3.23	-4.77
Total Comprehensive Income	19%	1,266	1,064	1,203	1,043	732	781
Earnings Per Share, Basic	19.7%	20.28	17.11	19.11	16.68	11.76	12.56
Earnings Per Share, Diluted	19.7%	20.28	17.11	19.1	16.68	11.76	12.56

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	7.7%	4,889	4,539	5,806	5,442	4,414	3,900
Other Income	-31.5%	64	93	77	76	56	52
Total Income	6.9%	4,953	4,632	5,884	5,518	4,470	3,953
Cost of Materials	20.2%	2,958	2,461	3,087	2,826	2,462	2,263
Purchases of stock-in-trade	-18.8%	742	914	745	577	599	582
Employee Expense	0.9%	469	465	462	420	378	378
Finance costs	-6.8%	9.39	10	8.55	18	10	9.33
Depreciation and Amortization	9.6%	104	95	92	93	88	81
Other expenses	13.9%	788	692	816	731	659	547
Total Expenses	7.2%	4,576	4,269	5,335	4,918	4,079	3,617
Profit Before exceptional items and Tax	3.9%	377	363	549	599	391	335
Total profit before tax	3.9%	377	363	549	599	391	335
Current tax	3.3%	94	91	141	163	98	85
Deferred tax	12.1%	5.37	4.9	0.01	-10.06	4.94	1.41
Total tax	4.3%	99	95	141	153	103	86
Total profit (loss) for period	3.7%	278	268	408	447	288	249
Other comp. income net of taxes	53.3%	0.08	-0.97	-1.41	-1.35	-1.1	-0.92
Total Comprehensive Income	4.1%	278	267	406	445	287	248
Earnings Per Share, Basic	4.6%	4.43	4.28	6.49	7.13	4.59	3.97
Earnings Per Share, Diluted	4.6%	4.43	4.28	6.48	7.13	4.59	3.97

Is Havells India Better than it's peers?

Detailed comparison of Havells India against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
POLYCAB	Polycab IndiaCables - Electricals	82.13 kCr	21.23 kCr	+3.30%	-5.74%	44.05	3.87	+24.92%	+11.16%
BLUESTARCO	Blue StarHousehold Appliances	34.34 kCr	11.34 kCr	-20.92%	+13.56%	61.65	3.03	+25.68%	+16.07%
CROMPTON	Crompton Greaves Consumer ElectricalsHousehold Appliances	20.69 kCr	7.83 kCr	-5.22%	-0.82%	39.35	2.64	+8.63%	+19.52%
VGUARD	V-Guard IndustriesHousehold Appliances	15.71 kCr	5.4 kCr	+1.73%	+3.68%	52.59	2.91	+15.32%	+27.60%
BAJAJELEC	Bajaj ElectricalsHousehold Appliances	6.19 kCr	4.81 kCr	-2.50%	-43.14%	59.75	1.29	-5.04%	-32.51%
ORIENTELEC	Orient ElectricHousehold Appliances	5.11 kCr	3.03 kCr	+13.49%	+6.04%	78.97	1.69	+12.36%	-25.65%

HAVELLS - Havells India Limited Share Price

What does Havells India Limited do?

Revenue Breakdown

Sector Comparison: HAVELLS vs Consumer Durables

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Valuation

Fundamentals

Profitability

Latest News and Updates from Havells India

The Bad News

The Good News

Balance Sheet for Havells India

Investor Care

Financial Health

Cash Flow for Havells India

Income Statement for Havells India

Is Havells India Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Updates from Havells India