Havells India Ltd (HAVELLS)
₹1,013.80
Mkt cap
₹63,622 Cr
P/E ratio
37.50
P/B
6.50
Div yield
0.99%
ROE
19.00%
ROCE
24.90%
EPS (TTM)
₹27.03
Book value
₹156
52W range
999–1,517
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
−33.15% from high₹1,014
₹999+1.46% from low₹1,517
Current
₹1,013.80
Prev close
₹1,020.00
Day
−0.61%
Price performance
1D
−0.61%
1W
−1.67%
1M
−2.83%
3M
−19.65%
6M
−19.06%
1Y
−32.25%
YTD
−29.59%
Financials
Revenue, profit & margin
P/E ratio
37.5×
HAVELLS is 0% above the sector median of 37.4×
HAVELLS37.5×
Sector median37.4×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,900 | 4,414 | 5,442 | 5,806 | 4,539 | 4,889 | 6,544 | 5,455 | 4,779 | 5,588 | 6,705 | 6,518 | 6,432 | |
| Expenses | 3,527 | 3,981 | 4,807 | 5,234 | 4,164 | 4,462 | 5,787 | 4,940 | 4,341 | 5,072 | 5,976 | 6,052 | 5,859 | |
| Operating Profit | 373 | 433 | 635 | 572 | 375 | 426 | 757 | 516 | 438 | 516 | 729 | 466 | 573 | |
| OPM % | 10% | 10% | 12% | 10% | 8% | 9% | 12% | 9% | 9% | 9% | 11% | 7% | 9% | |
| Other Income | 52 | 56 | 76 | 77 | 93 | 64 | 69 | 69 | 91 | 9 | 310 | 54 | 33 | |
| Interest | 9 | 10 | 18 | 9 | 10 | 9 | 15 | 9 | 9 | 9 | 10 | 7 | 5 | |
| Depreciation | 81 | 88 | 93 | 92 | 95 | 104 | 110 | 106 | 106 | 109 | 112 | 121 | 129 | |
| Profit before tax | 335 | 391 | 599 | 549 | 363 | 377 | 701 | 470 | 415 | 408 | 918 | 392 | 473 | |
| Tax % | 26% | 26% | 25% | 26% | 26% | 26% | 26% | 26% | 23% | 26% | 21% | 26% | 26% | |
| Net Profit | 249 | 288 | 447 | 408 | 268 | 278 | 517 | 348 | 318 | 300 | 723 | 290 | 349 | |
| EPS in Rs | 3.97 | 4.59 | 7.13 | 6.51 | 4.28 | 4.44 | 8.26 | 5.55 | 5.09 | 4.80 | 11.53 | 4.63 | 5.57 | |
| 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 −0.72% · closed higher next day 29 of last 62
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26† | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 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 | 22 Oct '26 |
| Earnings day | −0.57% | +0.22% | −5.05% | +2.45% | +1.02% | −3.17% | +3.07% | −0.41% | −6.97% | +1.50% | +1.43% | −3.91% |
| +1 day | −1.74% | −0.03% | −5.04% | +0.40% | +2.75% | −3.61% | +2.68% | +0.33% | −9.06% | −5.16% | +2.54% | −5.88% |
| +5 days | +0.11% | +0.57% | −1.29% | −6.13% | −2.25% | −3.83% | −1.39% | +1.20% | −11.08% | −5.74% | +4.81% | −5.52% |
| +15 days | +5.14% | +11.43% | −3.40% | −9.07% | +2.85% | −4.30% | −4.36% | −1.70% | −4.37% | −8.88% | +10.03% | — |
| +30 days | +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 |
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 Sep 202659.35%Promoter
Promoters59.35%
FIIs14.47%1.44
DIIs19.87%1.83
Public6.31%0.16
Government0.00%0.23
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 Technolog. | ₹11,000.00 | 43.39 | 67,288 | 0.09% | 411 | −48.71% | 21,794 | +46.71% | 29.21% |
| Havells India | ₹1,013.80 | 37.49 | 63,622 | 0.99% | 349 | +9.57% | 6,432 | +34.58% | 24.90% |
| PG Electroplast | ₹530.05 | 70.14 | 15,200 | 0.05% | 14 | +395.29% | 934 | +42.50% | 10.32% |
| IKIO Tech | ₹161.01 | 26.76 | 1,244 | 0.00% | 11 | +408.96% | 169 | +40.91% | 9.49% |
| Onida Electronics | ₹25.15 | — | 929 | 0.00% | −14 | −13.53% | 182 | +29.51% | −17.01% |
| Cellecor Gadgets | ₹27.25 | 16.31 | 646 | 0.00% | 20 | +23.34% | 650 | +8.35% | 22.68% |
| CWD | ₹266.90 | 54.98 | 623 | 0.00% | 6 | +56.12% | 106 | +293.56% | 18.25% |
| Median: 19 Co. | ₹134.15 | 37.36 | 348 | 0.00% | 6 | +35.99% | 73 | +36.16% | 11.60% |
Filings
Annual reports15
Concall transcripts108
TranscriptOct 2026PPTOct 2026RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptJan 2025PPTJan 2025RECJan 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Change in Management 27 Oct - Mr. Samir Kirit Anjaria resigned as President, effective 27 October 2026.Intimation Of Exercise Of Shares Under Employees Stock Purchase Scheme Of The Company 24 Oct - 61,135 Havells ESPS 2022 shares exercised by employees on 24 October 2026.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 24 Oct - Havells released Q2 FY27 earnings call transcript discussing 35% revenue growth and margin trends.Announcement under Regulation 30 (LODR)-Newspaper Publication 23 OctAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 22 Oct - This is with reference to the Company intimation dated 16th October, 2026 filed with the stock exchanges As per Regulation 30 of the SEBI (LODR) …