Avsar.

Consumer Discretionary · Consumer Electronics

Havells India Ltd (HAVELLS)

₹1,226.90

Mkt cap
₹76,996 Cr
P/E ratio
46.20
P/B
8.13
Div yield
0.82%
ROE
19.00%
ROCE
24.90%
EPS (TTM)
₹26.56
Book value
₹151
52W range
1,129–1,615
Sector
Consumer Discretionary

Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications. [1]

NSE HAVELLSBSE 517354www.havells.com
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−24.02% from high
₹1,227
₹1,129+8.67% from low₹1,615
Current
₹1,226.90
Prev close
₹1,230.00
Day
−0.25%
Price performance
1D
−0.25%
1W
+2.22%
1M
+4.12%
3M
−0.94%
6M
−8.87%
1Y
−19.95%
YTD
−14.79%

Financials

F
Revenue, profit & margin
P/E ratio
46.2×
HAVELLS is 10% above the sector median of 42.2×
HAVELLS46.2×
Sector median42.2×
 Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Trend
Sales4,8343,9004,4145,4425,8064,5394,8896,5445,4554,7795,5886,7056,518
Expenses4,4323,5273,9814,8075,2344,1644,4625,7874,9404,3415,0725,9766,052
Operating Profit402373433635572375426757516438516729466
OPM %8%10%10%12%10%8%9%12%9%9%9%11%7%
Other Income65525676779364696991931054
Interest891018910915999107
Depreciation768188939295104110106106109112121
Profit before tax382335391599549363377701470415408918392
Tax %25%26%26%25%26%26%26%26%26%23%26%21%26%
Net Profit287249288447408268278517348318300723290
EPS in Rs4.583.974.597.136.514.284.448.265.555.094.8011.534.63
Raw PDF

Earnings

EResults dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −0.77% · closed higher next day 28 of last 61
 Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26Q4FY26†Q1FY27
Broadcast20 Oct '2324 Jan '241 May '24◦18 Jul '24◦17 Oct '24◦17 Jan '2522 Apr '25◦21 Jul '25◦17 Oct '25◦19 Jan '26◦22 Apr '2617 Jul '26
Earnings day−5.12%−0.57%+0.22%−5.05%+2.45%+1.02%−3.17%+3.07%−0.41%−6.97%+1.50%+1.43%
+1 day−5.72%−1.74%−0.03%−5.04%+0.40%+2.75%−3.61%+2.68%+0.33%−9.06%−5.16%+2.54%
+5 days−6.87%+0.11%+0.57%−1.29%−6.13%−2.25%−3.83%−1.39%+1.20%−11.08%−5.74%+5.07%
+15 days−8.22%+5.14%+11.43%−3.40%−9.07%+2.85%−4.30%−4.36%−1.70%−4.37%−8.88%—
+30 days−2.81%+17.52%+10.49%+1.22%−4.04%−8.76%−10.61%+3.47%−3.89%−6.54%−13.42%—
FilingXBRLXBRLXBRLXBRLXBRLXBRLPDFPDFPDFPDFXBRLPDF

Corporate actions

CLast 6 months
KindValueEx-dateRecord
dividend
Dividend - Rs 6 Per Share
6.0022 May '2624 May '26
dividend
Interim Dividend - Rs 4 Per Share
4.0023 Jan '2623 Jan '26

Shareholding

Sas of Jun 2026
59.35%Promoter
Promoters59.35%0.03
FIIs15.91%1.02
DIIs18.04%0.54
Public6.47%0.51
Government0.23%
Ownership trend

Peers

P7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
Dixon Technolog.₹13,846.0058.8584,6680.06%298+13.15%10,511+2.12%41.97%
Havells India₹1,226.9046.2176,9960.82%290−16.49%6,518+19.48%24.90%
PG Electroplast₹572.4583.5116,4150.04%65−55.34%1,717−10.11%10.31%
IKIO Tech₹204.8238.141,5800.00%18+804.70%165+47.25%9.49%
Onida Electronics₹38.18—1,4100.00%−47−1,382.86%144−28.35%−16.44%
Cellecor Gadgets₹33.7018.927490.00%20+23.34%650+8.35%22.64%
CWD₹303.9562.216920.00%6+56.12%106+293.56%17.98%
Median: 18 Co.₹142.0742.174210.00%6+19.89%70+12.91%11.03%

Filings

D
Annual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013nseFinancial Year 2013bse
Concall transcripts106
TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptJan 2025PPTJan 2025RECJan 2025TranscriptOct 2024PPTOct 2024RECOct 2024
Credit ratings6
Rating update 6 JulcareRating update 7 Jul 2025careRating update 8 Oct 2024careRating update 9 Oct 2023careRating update 20 Sep 2022careRating update 2 Jul 2021care
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 9h - Newspaper Publication titled Special Window for Transfer and Dematerialisation of Physical Shares.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 21 Jul - Transcript of the Earnings Call held on 17th July 2026 to discuss the financial results of the Company for the first quarter ended 30th June …Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 18 Jul - Audio recording of Q1 FY27 earnings call for quarter ended 30 June 2026 is available.Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Jul - Newspaper Publication of Q1 FY 2026-27 Unaudited Financial ResultsAnnouncement under Regulation 30 (LODR)-Investor Presentation 17 Jul - Information Update on the Limited Reviewed Unaudited Financial Results for Q1 FY 2026-27.