
Consumer Durables
Valuation | |
|---|---|
| Market Cap | 91.88 kCr |
| Price/Earnings (Trailing) | 62.79 |
| Price/Sales (Trailing) | 4.18 |
| EV/EBITDA | 37.61 |
| Price/Free Cashflow | 123.45 |
| MarketCap/EBT | 46.93 |
| Enterprise Value | 91.26 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 1.7% |
| Price Change 1M | 5.4% |
| Price Change 6M | -4.1% |
| Price Change 1Y | -10.1% |
| 3Y Cumulative Return | 7.4% |
| 5Y Cumulative Return | 7.8% |
| 7Y Cumulative Return | 11.4% |
| 10Y Cumulative Return | 17.6% |
| Revenue (TTM) |
| 21.96 kCr |
| Rev. Growth (Yr) | 5% |
| Earnings (TTM) | 1.46 kCr |
| Earnings Growth (Yr) | 18.9% |
Profitability | |
|---|---|
| Operating Margin | 9% |
| EBT Margin | 9% |
| Return on Equity | 16.81% |
| Return on Assets | 10.7% |
| Free Cashflow Yield | 0.81% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -301.58 Cr |
| Cash Flow from Operations (TTM) | 1.52 kCr |
| Cash Flow from Financing (TTM) | -668.86 Cr |
| Cash & Equivalents | 622.81 Cr |
| Free Cash Flow (TTM) | 749.34 Cr |
| Free Cash Flow/Share (TTM) | 11.95 |
Balance Sheet | |
|---|---|
| Total Assets | 13.65 kCr |
| Total Liabilities | 4.96 kCr |
| Shareholder Equity | 8.69 kCr |
| Current Assets | 7.55 kCr |
| Current Liabilities | 4.3 kCr |
| Net PPE | 3.25 kCr |
| Inventory | 4.85 kCr |
| Goodwill | 310.47 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 44.41 |
| Interest/Cashflow Ops | 35.4 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 10 |
| Dividend Yield | 0.71% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.10% |
Size: It is among the top 200 market size companies of india.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money is losing interest in the stock.
Insider Trading: Significant insider selling noticed recently.
Past Returns: In past three years, the stock has provided 7.4% return compared to 12.8% by NIFTY 50.
Size: It is among the top 200 market size companies of india.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money is losing interest in the stock.
Insider Trading: Significant insider selling noticed recently.
Past Returns: In past three years, the stock has provided 7.4% return compared to 12.8% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.71% |
| Dividend/Share (TTM) | 10 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 23.33 |
Financial Health | |
|---|---|
| Current Ratio | 1.75 |
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 63.89 |
| RSI (5d) | 62.68 |
| RSI (21d) | 66.33 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Updated May 29, 2025
Havells' shares have seen a 6% decline this year, despite the overall growth in revenue and profits.
The economic environment remains challenging, which may affect future performance despite current growth metrics.
While growth has been strong, the ongoing market volatility poses risks to the company's operational efficiencies and future investments.
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.
Understand Havells India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| QRG Investments and Holdings Limited | 41.23% |
| Shri Anil Rai Gupta as Managing Trustee of ARG Family Trust | 12.34% |
| Life Insurance Corporation Of India | 7.65% |
| Shri Surjit Kumar Gupta as Trustee of SKG Family Trust | 5.81% |
| Hdfc Trustee Company Limited-Hdfc Flexi Cap Fund | 3.03% |
| Government Pension Fund Global | 1.62% |
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 India | 1.16 LCr | 24.79 kCr | +7.60% | +13.90% | 46.96 | 4.67 | - | - |
| BLUESTARCO | Blue Star | 37.04 kCr | 12.29 kCr |
Comprehensive comparison against sector averages
HAVELLS metrics compared to Consumer
| Category | HAVELLS | Consumer |
|---|---|---|
| PE | 62.79 | 52.86 |
| PS | 4.18 | 2.34 |
| Growth | 7.1 % | 28.7 % |
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:
Havells India offers a wide array of products, including but not limited to:
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.
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.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
HAVELLS vs Consumer (2021 - 2026)
Havells India Ltd is investing an additional ₹340 crore to enhance its cable manufacturing capacity at its Alwar facility, aiming to increase annual production significantly by September 2026.
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 • 08 Jan 2026 Certificate u/r 74(5) of SEBI (DIP) Regulations 2018 |
General • 01 Jan 2026 Clarification with respect to Volume Movement Letter received from BSE |
General • 01 Jan 2026 Intimation under regulation 30 informing about an email received on 31st Dec 2025 from the IT Department |
Clarification • 01 Jan 2026 The Exchange has sought clarification from Havells India Ltd on January 1, 2026, with reference to Movement in Volume<BR><BR>The reply is awaited |
Change in Management • 17 Dec 2025 Intimation of Senior Management Personnel in the Company |
Change in Management • 15 Dec 2025 |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
| Nps Trust A/C Uti Pension Fund Limited-Scheme State Govt | 1.11% |
| 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% |
| Shri Aditya Gupta | 0% |
| QRG Enterprises Limited | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +4.20% |
| -10.50% |
| 67.82 |
| 3.01 |
| - |
| - |
| CROMPTON | Crompton Greaves Consumer Electricals | 16.25 kCr | 7.81 kCr | +1.00% | -31.80% | 34.33 | 2.08 | - | - |
| VGUARD | V-Guard Industries | 13.78 kCr | 5.63 kCr | -5.00% | -23.60% | 47.61 | 2.45 | - | - |
| BAJAJELEC | Bajaj Electricals | 5.32 kCr | 4.79 kCr | -2.70% | -39.80% | 51.61 | 1.11 | - | - |
| ORIENTELEC | Orient Electric | 3.6 kCr | 3.16 kCr | -2.60% | -29.10% | 40.96 | 1.14 | - | - |
| -11.9% |
| 4,456 |
| 5,055 |
| 5,911 |
| 4,576 |
| 4,269 |
| 5,335 |
| Profit Before exceptional items and Tax | -12.8% | 410 | 470 | 701 | 377 | 363 | 549 |
| Total profit before tax | -12.8% | 410 | 470 | 701 | 377 | 363 | 549 |
| Current tax | -24% | 96 | 126 | 176 | 94 | 91 | 141 |
| Deferred tax | 85.7% | 0.31 | -3.84 | 7.52 | 5.37 | 4.9 | 0.01 |
| Total tax | -21.5% | 96 | 122 | 184 | 99 | 95 | 141 |
| Total profit (loss) for period | -8.6% | 318 | 348 | 517 | 278 | 268 | 408 |
| Other comp. income net of taxes | 113.2% | 1.4 | -2.02 | -18.81 | 0.08 | -0.97 | -1.41 |
| Total Comprehensive Income | -7.5% | 320 | 346 | 498 | 278 | 267 | 406 |
| Earnings Per Share, Basic | -10.1% | 5.09 | 5.55 | 8.26 | 4.43 | 4.28 | 6.49 |
| Earnings Per Share, Diluted | -10.1% | 5.08 | 5.54 | 8.25 | 4.43 | 4.28 | 6.48 |
| 20.2% |
| 1,852 |
| 1,541 |
| 1,262 |
| 1,015 |
| 885 |
| 900 |
| Finance costs | -6.7% | 43 | 46 | 34 | 53 | 73 | 20 |
| Depreciation and Amortization | 18.1% | 399 | 338 | 296 | 261 | 249 | 218 |
| Other expenses | 20.2% | 3,157 | 2,627 | 2,332 | 1,732 | 1,502 | 1,667 |
| Total Expenses | 17.3% | 20,039 | 17,089 | 15,595 | 12,445 | 9,184 | 8,639 |
| Profit Before exceptional items and Tax | 17.5% | 2,009 | 1,710 | 1,450 | 1,604 | 1,432 | 902 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | 17.5% | 2,009 | 1,710 | 1,450 | 1,604 | 1,432 | 902 |
| Current tax | 13.9% | 502 | 441 | 364 | 398 | 339 | 199 |
| Deferred tax | 440.7% | 18 | -3.99 | 11 | 12 | 53 | -30.23 |
| Total tax | 19% | 520 | 437 | 375 | 409 | 392 | 169 |
| Total profit (loss) for period | 17% | 1,489 | 1,273 | 1,075 | 1,195 | 1,040 | 733 |
| Other comp. income net of taxes | -302.1% | -22.36 | -4.81 | -7.67 | 5.52 | -2.02 | -3.73 |
| Total Comprehensive Income | 15.6% | 1,466 | 1,268 | 1,067 | 1,200 | 1,038 | 729 |
| Earnings Per Share, Basic | 17.8% | 23.75 | 20.32 | 17.16 | 19.08 | 16.61 | 11.71 |
| Earnings Per Share, Diluted | 17.7% | 23.74 | 20.32 | 17.16 | 19.08 | 16.61 | 11.71 |
| 0% |
| 310 |
| 310 |
| 310 |
| 310 |
| 310 |
| 310 |
| Non-current investments | -86.3% | 11 | 74 | 20 | 20 | 20 | 20 |
| Total non-current financial assets | -31.8% | 76 | 111 | 58 | 53 | 219 | 170 |
| Total non-current assets | 23.3% | 6,134 | 4,977 | 4,815 | 4,554 | 4,321 | 4,091 |
| Total assets | -1.2% | 13,611 | 13,775 | 12,793 | 12,420 | 11,004 | 11,143 |
| Borrowings, non-current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total non-current financial liabilities | -7.4% | 225 | 243 | 272 | 246 | 248 | 194 |
| Provisions, non-current | -25.9% | 41 | 55 | 71 | 88 | 118 | 137 |
| Total non-current liabilities | -5.1% | 648 | 683 | 717 | 703 | 732 | 696 |
| Borrowings, current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current financial liabilities | -7.9% | 3,670 | 3,983 | 3,677 | 3,539 | 2,863 | 3,304 |
| Provisions, current | -5.7% | 316 | 335 | 284 | 278 | 281 | 275 |
| Current tax liabilities | -19.4% | 51 | 63 | 94 | 85 | 59 | 32 |
| Total current liabilities | -10% | 4,286 | 4,761 | 4,284 | 4,279 | 3,383 | 3,832 |
| Total liabilities | -9.4% | 4,934 | 5,444 | 5,001 | 4,981 | 4,115 | 4,529 |
| Equity share capital | 0% | 63 | 63 | 63 | 63 | 63 | 63 |
| Total equity | 4.2% | 8,677 | 8,331 | 7,793 | 7,438 | 6,889 | 6,614 |
| Total equity and liabilities | -1.2% | 13,611 | 13,775 | 12,793 | 12,420 | 11,004 | 11,143 |
| -12.1% |
| 2,066 |
| 2,351 |
| 1,049 |
| 2,204 |
| - |
| - |
| Interest paid | - | 0 | 0 | 0 | -32.11 | - | - |
| Interest received | - | 0 | 0 | -123.23 | -103.76 | - | - |
| Income taxes paid (refund) | 28.9% | 505 | 392 | 392 | 414 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | 31 | 26 | - | - |
| Net Cashflows From Operating Activities | -20.3% | 1,561 | 1,959 | 565 | 1,744 | - | - |
| Cashflows used in obtaining control of subsidiaries | 105% | 42 | 21 | 0 | 0 | - | - |
| Proceeds from sales of PPE | -52.2% | 12 | 24 | 2.27 | 5.56 | - | - |
| Purchase of property, plant and equipment | -4.2% | 753 | 786 | 588 | 258 | - | - |
| Proceeds from government grants | -145.2% | 0 | 3.21 | 0 | 3.72 | - | - |
| Interest received | 58.7% | 239 | 151 | 120 | 95 | - | - |
| Other inflows (outflows) of cash | 121.1% | 213 | -1,005.81 | 504 | -605.13 | - | - |
| Net Cashflows From Investing Activities | 79.8% | -330.05 | -1,634.57 | 39 | -759.21 | - | - |
| Proceeds from exercise of stock options | 110% | 43 | 21 | 27 | 31 | - | - |
| Proceeds from borrowings | - | 0 | 0 | 0 | 0.04 | - | - |
| Repayments of borrowings | - | 0 | 0 | 394 | 97 | - | - |
| Payments of lease liabilities | 25% | 96 | 77 | 63 | 49 | - | - |
| Dividends paid | 33.5% | 627 | 470 | 470 | 407 | - | - |
| Interest paid | -2.6% | 7.45 | 7.62 | 6.98 | 24 | - | - |
| Net Cashflows from Financing Activities | -28.9% | -687.88 | -533.55 | -906.93 | -547.15 | - | - |
| Effect of exchange rate on cash eq. | 4.2% | -4.31 | -4.54 | -3.73 | -0.89 | - | - |
| Net change in cash and cash eq. | 350.3% | 538 | -213.51 | -306.84 | 437 | - | - |
Acquisition • 26 Nov 2025 Investment into Kundan Solar (Pali) Private Limited |
Analysis of Havells India's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Cables | 42.4% | 2 kCr |
| Electrical Consumer Durables | 17.6% | 841.8 Cr |
| Switchgears | 12.5% | 595.5 Cr |
| Lloyd Consumer | 10.1% | 482.2 Cr |
| Lighting & Fixtures | 9.0% | 428.4 Cr |
| Others | 8.4% | 403.1 Cr |
| Total | 4.8 kCr |