Havells India Ltd (HAVELLS)
₹1,138.10
Mkt cap
₹72,170 Cr
P/E ratio
43.30
P/B
7.54
Div yield
0.87%
ROE
19.00%
ROCE
24.90%
EPS (TTM)
₹26.28
Book value
₹151
52W range
1,129–1,615
Sector
Consumer Discretionary
Price history
Previous close
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 517354
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−29.52% from high₹1,138
₹1,129+0.81% from low₹1,615
Current
₹1,138.10
Prev close
₹1,150.00
Day
−1.03%
Price performance
1D
−1.03%
1W
−6.93%
1M
−11.43%
3M
−1.51%
6M
−15.85%
1Y
−28.10%
YTD
−20.96%
Financials
Revenue, profit & margin
P/E ratio
43.3×
HAVELLS is 21% above the sector median of 35.9×
HAVELLS43.3×
Sector median35.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,834 | 3,900 | 4,414 | 5,442 | 5,806 | 4,539 | 4,889 | 6,544 | 5,455 | 4,779 | 5,588 | 6,705 | 6,518 | |
| Expenses | 4,432 | 3,527 | 3,981 | 4,807 | 5,234 | 4,164 | 4,462 | 5,787 | 4,940 | 4,341 | 5,072 | 5,976 | 6,052 | |
| Operating Profit | 402 | 373 | 433 | 635 | 572 | 375 | 426 | 757 | 516 | 438 | 516 | 729 | 466 | |
| OPM % | 8% | 10% | 10% | 12% | 10% | 8% | 9% | 12% | 9% | 9% | 9% | 11% | 7% | |
| Other Income | 65 | 52 | 56 | 76 | 77 | 93 | 64 | 69 | 69 | 91 | 9 | 310 | 54 | |
| Interest | 8 | 9 | 10 | 18 | 9 | 10 | 9 | 15 | 9 | 9 | 9 | 10 | 7 | |
| Depreciation | 76 | 81 | 88 | 93 | 92 | 95 | 104 | 110 | 106 | 106 | 109 | 112 | 121 | |
| Profit before tax | 382 | 335 | 391 | 599 | 549 | 363 | 377 | 701 | 470 | 415 | 408 | 918 | 392 | |
| Tax % | 25% | 26% | 26% | 25% | 26% | 26% | 26% | 26% | 26% | 23% | 26% | 21% | 26% | |
| Net Profit | 287 | 249 | 288 | 447 | 408 | 268 | 278 | 517 | 348 | 318 | 300 | 723 | 290 | |
| EPS in Rs | 4.58 | 3.97 | 4.59 | 7.13 | 6.51 | 4.28 | 4.44 | 8.26 | 5.55 | 5.09 | 4.80 | 11.53 | 4.63 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.67% · closed higher next day 29 of last 61
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26† | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 20 Oct '23 | 24 Jan '24 | 1 May '24◦ | 18 Jul '24◦ | 17 Oct '24◦ | 16 Jan '25 | 22 Apr '25◦ | 21 Jul '25◦ | 17 Oct '25◦ | 19 Jan '26◦ | 22 Apr '26 | 17 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% | +4.81% |
| +15 days | −8.22% | +5.14% | +11.43% | −3.40% | −9.07% | +2.85% | −4.30% | −4.36% | −1.70% | −4.37% | −8.88% | +10.03% |
| +30 days | −2.81% | +17.52% | +10.49% | +1.22% | −4.04% | −8.76% | −10.61% | +3.47% | −3.89% | −6.54% | −13.42% | +4.47% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 6 Per Share | 6.00 | 22 May '26 | 24 May '26 |
Shareholding
as of Jun 202659.35%Promoter
Promoters59.35%0.03
FIIs15.91%1.02
DIIs18.04%0.54
Public6.47%0.51
Government0.23%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| DIXON | ₹14,180.00 | 46.18 | 86,679 | 0.07% | 718 | +194.89% | 15,548 | +21.13% | 29.21% |
| HAVELLS | ₹1,150.00 | 43.31 | 72,170 | 0.87% | 290 | −16.49% | 6,518 | +19.48% | 24.90% |
| PGEL | ₹559.55 | 77.97 | 16,045 | 0.04% | 76 | +13.80% | 2,034 | +35.25% | 10.31% |
| IKIO | ₹202.98 | 33.69 | 1,566 | 0.00% | 11 | +408.96% | 169 | +40.91% | 9.49% |
| ONIDA | ₹34.81 | — | 1,286 | 0.00% | −14 | −13.53% | 182 | +29.51% | −16.44% |
| CWD | ₹317.95 | 65.08 | 724 | 0.00% | 6 | +56.12% | 106 | +293.56% | 17.98% |
| CELLECOR | ₹32.25 | 18.10 | 717 | 0.00% | 20 | +23.34% | 650 | +8.35% | 22.64% |
| Median: 18 Co. | ₹164.30 | 35.88 | 447 | 0.00% | 6 | +46.05% | 70 | +29.51% | 12.94% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013nseAnnual Report 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
Announcements5
Announcement under Regulation 30 (LODR)-Credit Rating 1 Sep - CARE Analytics assigned Havells India the highest corporate governance rating, CG 1, valid for one year.Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 31 AugShareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 31 Aug - Postal ballot passed on 30 Aug 2026 appointing Ashish Dhawan and Shanti Ekambaram as independent directors.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Aug - Havells India to attend Motilal Oswal Annual Global Investor Conference on 17 August 2026 in Mumbai.Announcement under Regulation 30 (LODR)-Change in Management 4 Aug - Havells appoints Mr Sandeep Sehgal as Executive Vice President–Sales Lloyd4 August 2026.