sharesgurusharesguru
  • Stocks
  • Ai Screener
  • Sectors
  • Watchlist
LoginSign Up
sharesguru
  • Home
  • Stocks
  • Ai Screener
  • Sectors
  • Watchlist
  • Profile
  • Contact Us
LoginSign Up
sharesguru

Discover the joy of investing.

All the financial data and tools you need, at one place.

Navigation

  • Home
  • Stocks
  • Sectors

Tools

  • Ai Screener
  • Watchlists

Company

  • Contact

Legal

  • Privacy Policy
  • Terms of Service
Copyright © 2025 Knowtilus Technologies Pvt. Ltd.
SummaryLatest NewsSector ComparisonEarnings ReportRevenue & GrowthPeersIncome StatementBalance SheetCash Flow
HAVELLS logo

HAVELLS - Havells India Limited Share Price

Consumer Durables
Sharesguru Stock Score

HAVELLS

47/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

₹1154.00-46.00(-3.83%)
Market Closed as of Sep 4, 2026, 15:30 IST
Pros

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Insider Trading: There's significant insider buying recently.

Growth: Good revenue growth. With 36% growth over past three years, the company is going strong.

Balance Sheet: Strong Balance Sheet.

Size: It is among the top 200 market size companies of india.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -3% in last 30 days.

Technicals: SharesGuru indicator is Bearish.

Past Returns: Underperforming stock! In past three years, the stock has provided -3.9% return compared to 7.4% by NIFTY 50.

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Sharesguru Stock Score

HAVELLS

47/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

Valuation

Market Cap76.74 kCr
Price/Earnings (Trailing)46.96
Price/Sales (Trailing)3.19
EV/EBITDA29.39
Price/Free Cashflow876.61
MarketCap/EBT36.5
Enterprise Value75.95 kCr

Fundamentals

Revenue (TTM)24.07 kCr
Rev. Growth (Yr)19%
Earnings (TTM)1.63 kCr
Earnings Growth (Yr)-16.6%

Profitability

Operating Margin9%
EBT Margin9%
Return on Equity17.23%
Return on Assets11.06%
Free Cashflow Yield0.11%

Growth & Returns

Price Change 1W-3.6%
Price Change 1M-3%
Price Change 6M-9.6%
Price Change 1Y-22.3%
3Y Cumulative Return-3.9%
5Y Cumulative Return-2.6%
7Y Cumulative Return9.4%
10Y Cumulative Return11.1%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-892.92 Cr
Cash Flow from Operations (TTM)1.57 kCr
Cash Flow from Financing (TTM)-693.48 Cr
Cash & Equivalents790.62 Cr
Free Cash Flow (TTM)87.54 Cr
Free Cash Flow/Share (TTM)1.39

Balance Sheet

Total Assets14.75 kCr
Total Liabilities5.28 kCr
Shareholder Equity9.47 kCr
Current Assets7.82 kCr
Current Liabilities4.58 kCr
Net PPE3.81 kCr
Inventory4.44 kCr
Goodwill310.47 Cr

Capital Structure & Leverage

Debt Ratio0.00
Debt/Equity0.00
Interest Coverage58.39
Interest/Cashflow Ops45.41

Dividend & Shareholder Returns

Dividend/Share (TTM)10
Dividend Yield0.82%
Shares Dilution (1Y)0.10%
Shares Dilution (3Y)0.10%
Pros

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Insider Trading: There's significant insider buying recently.

Growth: Good revenue growth. With 36% growth over past three years, the company is going strong.

Balance Sheet: Strong Balance Sheet.

Size: It is among the top 200 market size companies of india.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -3% in last 30 days.

Technicals: SharesGuru indicator is Bearish.

Past Returns: Underperforming stock! In past three years, the stock has provided -3.9% return compared to 7.4% by NIFTY 50.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield0.82%
Dividend/Share (TTM)10
Shares Dilution (1Y)0.10%
Earnings/Share (TTM)26.04

Financial Health

Current Ratio1.71
Debt/Equity0.00

Technical Indicators

RSI (14d)36.49
RSI (5d)23.9
RSI (21d)34.54
MACD SignalSell
Stochastic Oscillator SignalHold
SharesGuru SignalSell
RSI SignalHold
RSI5 SignalBuy
RSI21 SignalHold
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from Havells India

Summary of Havells India's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Revenue Breakdown

Analysis of Havells India's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Jun 30, 2026

DescriptionShareValue
Cables37.7%2.5 kCr
Lloyd Consumer22.4%1.5 kCr
Electrical Consumer Durables17.1%1.1 kCr
Switchgears9.3%607.7 Cr
Lighting & Fixtures6.1%400.6 Cr
Renewables4.8%314.3 Cr
Others2.6%169.4 Cr
Total6.5 kCr

Share Holdings

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

Holding Pattern

Share Holding Details

Shareholder NameHolding %
QRG Investments and Holdings Limited41.21%
Shri Anil Rai Gupta as Trustee of ARG Family Trust12.34%
Life Insurance Corporation Of India7.65%
Shri Surjit Kumar Gupta as Trustee of SKG Family Trust5.81%
Nalanda India Equity Fund Limited4.11%
Hdfc Mutual Fund - Hdfc Focused Fund3.49%
Icici Prudential Large Cap Fund1.15%
Government Pension Fund Global1.14%
Smt Vinod Gupta0%
Shri Anil Rai Gupta0%
Smt Sangeeta Rai Gupta0%
Shri Abhinav Rai Gupta0%
Shri Surjit Kumar Gupta0%
Shri Ameet Kumar Gupta0%
Smt Santosh Gupta0%
Smt Shalini Gupta0%
Shri Aditya Gupta0%
QRG Enterprises Limited0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

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
POLYCABPolycab India1.34 LCr31.45 kCr-2.30%+24.50%46.554.26--
BLUESTARCOBlue Star30.66 kCr12.86 kCr-11.30%-23.50%60.212.38--
VGUARDV-Guard Industries15.04 kCr6.34 kCr+9.50%-4.10%41.392.37--
CROMPTONCrompton Greaves Consumer Electricals14.87 kCr8.4 kCr-11.30%-31.10%-66.531.77--
ORIENTELECOrient Electric3.79 kCr3.52 kCr+1.60%-16.90%34.421.08--
BAJAJELECBajaj Electricals3.77 kCr4.54 kCr-1.90%-42.80%-86.820.83--

Sector Comparison: HAVELLS vs Consumer Durables

Comprehensive comparison against sector averages

Comparative Metrics

HAVELLS metrics compared to Consumer

CategoryHAVELLSConsumer
PE46.9647.04
PS3.192.17
Growth10.8 %15.1 %
33% metrics above sector average
Key Insights
  • 1. HAVELLS is among the Top 3 Consumer Electronics companies by market cap.
  • 2. The company holds a market share of 27.7% in Consumer Electronics.
  • 3. In last one year, the company has had a below average growth that other Consumer Electronics companies.

Income Statement for Havells India

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Revenue From Operations3.4%22,52821,77818,59016,91113,93810,457
Other Income63.2%494303249178160187
Total Income4.3%23,02222,08118,83917,08814,09910,645
Cost of Materials2.9%12,34611,9999,8749,3187,7705,382
Purchases of stock-in-trade-5.6%2,9733,1492,4523,0291,8711,639
Employee Expense6.1%1,9841,8701,5491,2681,021891
Finance costs-14.3%374346345373
Depreciation and Amortization8%432400338296261249
Other expenses3%3,2653,1692,6302,3381,7351,505
Total Expenses3.5%20,79720,09117,13215,64112,4929,207
Profit Before exceptional items and Tax11.8%2,2251,9901,7071,4471,6071,438
Exceptional items before tax--45.0300000
Total profit before tax9.6%2,1801,9901,7071,4471,6071,438
Current tax-8.2%461502441364399341
Deferred tax241.2%5918-3.99111253
Total tax0%520520437375410393
Total profit (loss) for period14.9%1,6891,4701,2711,0721,1961,044
Other comp. income net of taxes140.6%9.97-21.11-5.02-7.736.18-1.59
Total Comprehensive Income17.3%1,6991,4491,2661,0641,2031,043
Earnings Per Share, Basic15.4%26.9523.4920.2817.1119.1116.68
Earnings Per Share, Diluted15.4%26.9423.4820.2817.1119.116.68
Description(%) Q/QJun-2026Mar-2026Dec-2025Sep-2025Jun-2025Mar-2025
Revenue From Operations-2.8%6,5186,7055,5884,7795,4556,544
Other Income-82%5429643866969
Total Income-6.1%6,5727,0015,6314,8665,5256,612
Cost of Materials13.4%4,0243,5493,0982,6873,0123,494
Purchases of stock-in-trade24.1%968780664844684748
Employee Expense4.1%531510496479500474
Finance costs-27.2%7.469.878.939.149.3615
Depreciation and Amortization8.1%121112109106106110
Other expenses19.9%1,042869832754809873
Total Expenses1.4%6,1806,0975,1894,4565,0555,911
Profit Before exceptional items and Tax-56.7%392904441410470701
Exceptional items before tax-00-45.03000
Total profit before tax-56.7%392904396410470701
Current tax-24.6%10213510496126176
Deferred tax-100.6%0.63593.540.31-3.847.52
Total tax-47.2%10319410896122184
Total profit (loss) for period-60%290723300318348517
Other comp. income net of taxes-38.9%0.50.649.951.4-2.02-18.81
Total Comprehensive Income-60%290724310320346498
Earnings Per Share, Basic-65.5%4.6311.524.85.095.558.26
Earnings Per Share, Diluted-65.6%4.6211.524.795.085.548.25
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Revenue From Operations3.3%22,46621,74618,55016,86813,88910,428
Other Income73.8%524302249177160188
Total Income4.3%22,98922,04818,79917,04514,04910,616
Cost of Materials2.9%12,34611,9999,8749,3187,7725,391
Purchases of stock-in-trade-4.9%2,9353,0872,4202,9951,8311,615
Employee Expense5.9%1,9611,8521,5411,2621,015885
Finance costs-14.3%374346345373
Depreciation and Amortization7.5%429399338296261249
Other expenses2.8%3,2463,1572,6272,3321,7321,502
Total Expenses3.4%20,71920,03917,08915,59512,4459,184
Profit Before exceptional items and Tax13%2,2712,0091,7101,4501,6041,432
Exceptional items before tax--45.0300000
Total profit before tax10.8%2,2262,0091,7101,4501,6041,432
Current tax-8.2%461502441364398339
Deferred tax241.2%5918-3.99111253
Total tax0%520520437375409392
Total profit (loss) for period14.5%1,7051,4891,2731,0751,1951,040
Other comp. income net of taxes133.2%8.75-22.36-4.81-7.675.52-2.02
Total Comprehensive Income16.9%1,7141,4661,2681,0671,2001,038
Earnings Per Share, Basic15.1%27.1923.7520.3217.1619.0816.61
Earnings Per Share, Diluted15.1%27.1823.7420.3217.1619.0816.61
Description(%) Q/QJun-2026Mar-2026Dec-2025Sep-2025Jun-2025Mar-2025
Revenue From Operations-2.7%6,5106,6885,5734,7675,4386,532
Other Income-83.7%5432643866969
Total Income-6.4%6,5647,0145,6164,8535,5076,601
Cost of Materials13.4%4,0243,5493,0982,6873,0123,494
Purchases of stock-in-trade23.9%961776655833671743
Employee Expense4%524504490473495469
Finance costs-28.4%7.359.878.939.149.3615
Depreciation and Amortization8.2%120111108105105108
Other expenses20.4%1,039863829750806868
Total Expenses1.3%6,1636,0815,1664,4395,0325,895
Profit Before exceptional items and Tax-57.1%401933450414475706
Exceptional items before tax-00-45.03000
Total profit before tax-57.1%401933405414475706
Current tax-24.6%10213510496126176
Deferred tax-100.6%0.6363-0.530.31-3.847.52
Total tax-48.2%10319810496122184
Total profit (loss) for period-59.5%298734301317352522
Other comp. income net of taxes-154.3%0.561.819.19-1.12-1.13-18.35
Total Comprehensive Income-59.5%299736311316351504
Earnings Per Share, Basic-64.9%4.7611.74.85.065.628.33
Earnings Per Share, Diluted-65%4.7511.74.85.065.628.33

Balance Sheet for Havells India

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Sep-2025Mar-2025Sep-2024Mar-2024Sep-2023
Cash and cash equivalents27%791623807382266320
Current investments-000000
Total current financial assets37%3,1622,3084,6423,9244,2242,887
Inventories-8.5%4,4414,8544,0473,8553,4093,562
Current tax assets---0000
Total current assets3.7%7,8227,5468,8678,0907,8976,695
Property, plant and equipment17.3%3,8133,2503,2523,1102,6062,447
Capital work-in-progress-7.6%439475116130297143
Goodwill0%310310310310310310
Non-current investments-110%01111202020
Total non-current financial assets1169.3%95376485953219
Total non-current assets13.5%6,9216,1004,9394,7544,5334,321
Total assets8.1%14,74613,64713,80912,84312,43311,018
Borrowings, non-current-000000
Total non-current financial liabilities-9.4%213235254272246248
Provisions, non-current-22.5%3241557188118
Total non-current liabilities5.2%693659694717703732
Borrowings, current-000000
Total current financial liabilities8.9%4,0093,6803,9953,7073,5402,865
Provisions, current-12.4%277316335284278281
Current tax liabilities-80%115163948559
Total current liabilities6.6%4,5854,3014,7754,3174,2833,387
Total liabilities6.4%5,2784,9605,4685,0344,9864,119
Equity share capital0%636363636363
Non controlling interest-25%1317171600
Total equity9%9,4698,6878,3417,8097,4476,899
Total equity and liabilities8.1%14,74613,64713,80912,84312,43311,018
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Sep-2025Mar-2025Sep-2024Mar-2024Sep-2023
Cash and cash equivalents28.9%778604782311243312
Current investments-000000
Total current financial assets37.5%3,1452,2874,6123,8504,1942,875
Inventories-8.5%4,3984,8074,0073,8213,4093,562
Total current assets3.8%7,7607,4778,7957,9787,8646,681
Property, plant and equipment17.3%3,8123,2493,2513,1092,6062,447
Capital work-in-progress-7.6%439475116130297143
Goodwill0%310310310310310310
Non-current investments8720%8831174202020
Total non-current financial assets1161.3%947761115853219
Total non-current assets13.5%6,9646,1344,9774,8154,5544,321
Total assets8.2%14,72413,61113,77512,79312,42011,004
Borrowings, non-current-000000
Total non-current financial liabilities-9.4%204225243272246248
Provisions, non-current-22.5%3241557188118
Total non-current liabilities5.6%684648683717703732
Borrowings, current-000000
Total current financial liabilities4.9%3,8483,6703,9833,6773,5392,863
Provisions, current-12.4%277316335284278281
Current tax liabilities-80%115163948559
Total current liabilities6.5%4,5634,2864,7614,2844,2793,383
Total liabilities6.4%5,2484,9345,4445,0014,9814,115
Equity share capital0%636363636363
Total equity9.2%9,4768,6778,3317,7937,4386,889
Total equity and liabilities8.2%14,72413,61113,77512,79312,42011,004

Cash Flow for Havells India

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Finance costs-14.3%374346330-
Change in inventories38.2%-394.01-637.73300-740.5-348.19-
Depreciation8%432400338296261-
Impairment loss / reversal-76.7%114418162.39-
Unrealised forex losses/gains0.8%-5.17-5.22-0.31-6.25-4.89-
Adjustments for interest income-38.2%1402261850104-
Share-based payments133.3%2210000-
Net Cashflows from Operations3%2,0822,0212,3451,0482,084-
Interest paid-0000-32.11-
Interest received-000-123.240-
Income taxes paid (refund)1%510505392392415-
Other inflows (outflows) of cash-0003326-
Net Cashflows From Operating Activities3.8%1,5721,5151,9535651,728-
Cashflows used in obtaining control of subsidiaries-6000000-
Proceeds from sales of PPE509.1%6812242.275.56-
Purchase of property, plant and equipment93.9%1,484766786588258-
Proceeds from government grants-003.2103.72-
Interest received-34%15823915112096-
Other inflows (outflows) of cash357.5%971213-1,005.81500-605.13-
Net Cashflows From Investing Activities-195.4%-892.92-301.58-1,613.8635-758.56-
Proceeds from changes in ownership interests in subsidiaries--3.370000-
Proceeds from issuing shares-360000-
Proceeds from exercise of stock options-102.4%043212731-
Proceeds from borrowings-00000.04-
Repayments of borrowings-00039497-
Payments of lease liabilities2.1%9896776349-
Dividends paid0%627627470470407-
Interest paid-100.3%0.987.457.626.9824-
Other inflows (outflows) of cash-105.6%019000-
Net Cashflows from Financing Activities-3.7%-693.48-668.86-533.55-906.92-547.15-
Effect of exchange rate on cash eq.31.5%-2.22-3.7-4.54-3.73-0.9-
Net change in cash and cash eq.-103.3%-16.63541-199.06-310.68421-
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Finance costs-102.4%04346330-
Change in inventories34.7%-390.93-598.85300-740.39-348.19-
Depreciation7.5%429399338296261-
Impairment loss / reversal-76.2%114318132.39-
Unrealised forex losses/gains0.8%-5.17-5.22-0.31-6.25-5.55-
Adjustments for interest income-38.2%14022618500-
Share-based payments133.3%2210000-
Net Cashflows from Operations1.5%2,0972,0662,3511,0492,204-
Interest paid-0000-32.11-
Interest received-000-123.23-103.76-
Income taxes paid (refund)1%510505392392414-
Other inflows (outflows) of cash-0003126-
Net Cashflows From Operating Activities1.7%1,5871,5611,9595651,744-
Cashflows used in obtaining control of subsidiaries1361%600422100-
Cash payment for investment in partnership firm or association of persons or LLP-100000-
Proceeds from sales of PPE-109.1%012242.275.56-
Purchase of property, plant and equipment97.2%1,484753786588258-
Proceeds from sales of investment property-680000-
Proceeds from government grants-003.2103.72-
Interest received-34%15823915112095-
Other inflows (outflows) of cash357.5%971213-1,005.81504-605.13-
Net Cashflows From Investing Activities-171.4%-897.45-330.05-1,634.5739-759.21-
Proceeds from issuing shares-360000-
Proceeds from exercise of stock options-102.4%043212731-
Proceeds from borrowings-00000.04-
Repayments of borrowings-00039497-
Payments of lease liabilities2.1%9896776349-
Dividends paid0%627627470470407-
Interest paid-100.3%0.987.457.626.9824-
Net Cashflows from Financing Activities-0.3%-690.11-687.88-533.55-906.93-547.15-
Effect of exchange rate on cash eq.30.9%-2.67-4.31-4.54-3.73-0.89-
Net change in cash and cash eq.-100.9%-3.6538-213.51-306.84437-

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 market capitalization of approximately Rs. 100,298.2 Crores, Havells India Limited operates as a fast-moving electrical goods company, involved in the manufacturing, trading, and selling of various consumer electrical and electronic products both in India and globally.

The company is structured into six segments:

  • Switchgears
  • Cables
  • Lighting and Fixtures
  • Electrical Consumer Durables
  • Lloyd Consumer
  • Others

Havells India offers a wide array of products, including but not limited to:

  • Switches and Switchgears: Circuit breakers, energy savers, safety equipment, distribution boards, and control devices.
  • Lighting Products and Home Appliances: Air conditioners, LED televisions, washing machines, refrigerators, and personal grooming products.
  • Fans: Including ceiling, table, pedestal, and domestic exhaust fans.
  • Motors and Power Solutions: Crane duty motors, reactive power solutions, and solar inverter systems.

The company markets its products under various brands, such as Havells, Lloyd, Havells Crabtree, and Standard, and exports to approximately 70 countries. Founded in 1958 and based in Noida, India, Havells India has achieved notable financial metrics, with a trailing twelve-month revenue of Rs. 20,986.8 Crores.

Additionally, Havells India is committed to returning value to its investors, offering a dividend yield of 0.81% per year and returning Rs. 13 per share as dividends in the last twelve months. The company has shown significant growth over the past three years, with a revenue increase of 61.4%, although it has also diluted shareholder holdings by 0.1% during this period.

Industry Group:Consumer Durables
Employees:7,153
Website:www.havells.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

Performance Comparison

HAVELLS vs Consumer (2021 - 2026)

HAVELLS is underperforming relative to the broader Consumer sector and has declined by 7.4% compared to the previous year.