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Havells India share price

Havells India Ltd.

NSE: HAVELLS BSE: 517354 SECTOR: Electric Equipment  4.33 L   2.33 K   471

1230.95
-38.30 (-3.02%)
BSE: Today, 01:36 PM

Price Summary

Today's High

₹ 1270.95

Today's Low

₹ 1230.5

52 Week High

₹ 1673.2

52 Week Low

₹ 1217.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

77212.18 Cr.

Enterprise Value

73859.6 Cr.

No. of Shares

62.73 Cr.

P/E

51.7

P/B

8.6

Face Value

₹ 1

Div. Yield

0.81 %

Book Value (TTM)

₹  143.13

CASH

3352.58 Cr.

DEBT

0 Cr.

Promoter Holding

59.38 %

EPS (TTM)

₹  23.81

Sales Growth

17.23%

ROE

18.91 %

ROCE

26.39%

Profit Growth

16.94 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Havells India Ltd.

LLOYD Crabtree Standard REO

Index Presence

The company is present in 47Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year17.23%
3 Year16.12%
5 Year18.19%

Profit Growth

1 Year16.94%
3 Year7.61%
5 Year15.22%

ROE%

1 Year18.91%
3 Year18.03%
5 Year19.5%

ROCE %

1 Year26.39%
3 Year25.03%
5 Year26.65%

Debt/Equity

0

Price to Cash Flow

49.48

Interest Cover Ratio

28.974

CFO/PAT (5 Yr. Avg.)

1.06845736629459

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2025 59.38 0.00
Sep 2025 59.38 0.00
Jun 2025 59.38 0.00
Mar 2025 59.41 0.00
Dec 2024 59.41 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 16.1196683843335% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 25.0287% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 28.974.
  • The company has an efficient Cash Conversion Cycle of 8.13500000000001 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.06845736629459.
  • The company has a high promoter holding of 59.38%.

 Limitations

  • The company has shown a poor profit growth of 7.61168203477218% for the Past 3 years.
  • The company is trading at a high PE of 51.7.
  • The company is trading at a high EV/EBITDA of 30.4007.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 4882.5 6532.21 5437.81 4766.63 5573.44
Total Expenditure 4450.86 5771.49 4917.9 4324.87 5049.44
Operating Profit 431.64 760.72 519.91 441.76 524
Other Income 64.03 68.65 69.06 86.26 42.73
Interest 9.39 15.22 9.36 9.14 8.93
Depreciation 104.09 108 105.05 105.09 107.91
Exceptional Items 0 0 0 0 -45.03
Profit Before Tax 382.19 706.15 474.56 413.79 404.86
Tax 99.38 183.89 122.22 96.31 103.5
Profit After Tax 282.81 522.26 352.34 317.48 301.36
Adjusted EPS (Rs) 4.51 8.33 5.62 5.06 4.8

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 10427.92 13888.53 16868.38 18549.9 21745.81
Total Expenditure 8845.33 12117.58 15246.93 16666.18 19568.65
Operating Profit 1582.59 1770.95 1621.45 1883.72 2177.16
Other Income 187.82 160.42 179.87 248.73 302.47
Interest 89.97 66.75 54.96 84.14 71.82
Depreciation 248.86 260.83 296.11 338.48 398.72
Exceptional Items 0 0 0 0 0
Profit Before Tax 1431.58 1603.79 1450.25 1709.83 2009.09
Tax 391.94 409.06 375.3 436.62 520.25
Net Profit 1039.64 1194.73 1074.95 1273.21 1488.84
Adjusted EPS (Rs.) 16.61 19.08 17.16 20.32 23.75

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 62.6 62.63 62.65 62.67 62.69
Total Reserves 5101.85 5926.01 6551.83 7375.78 8268.3
Borrowings 393.65 272.57 0 0 0
Other N/C liabilities 504.93 614.64 696.45 702.85 683.41
Current liabilities 3034.05 3976.17 4166.65 4632.59 5203.68
Total Liabilities 9097.08 10852.02 11477.58 12773.89 14218.08
Assets
Net Block 3290.3 3433.5 3620.57 3987.81 4626.95
Capital WIP 86.26 56.75 163.42 296.91 116.47
Intangible WIP 3.65 0.46 2.99 1.79 1.72
Investments 1.63 274.31 20.45 41.18 74.03
Loans & Advances 145.06 126.89 138.47 210.07 151.98
Other N/C Assets 6.75 26.75 156.05 18.31 8.96
Current Assets 5563.43 6933.36 7375.63 8217.82 9237.97
Total Assets 9097.08 10852.02 11477.58 12773.89 14218.08
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 1431.58 1603.79 1450.25 1709.83 2009.09
Adjustment 196.27 212.54 217.44 210.45 271.62
Changes in Assets & Liabilities -698.48 342.04 -711.01 430.81 -214.62
Tax Paid -271.44 -413.8 -391.94 -391.94 -505.48
Operating Cash Flow 657.93 1744.57 564.74 1959.15 1560.61
Investing Cash Flow -763.22 -760.1 35.35 -1639.11 -334.36
Financing Cash Flow 189.77 -547.34 -906.93 -533.55 -687.88
Net Cash Flow 84.48 437.13 -306.84 -213.51 538.37

Corporate Actions

Investors Details

PARTICULARS Dec 2024% Mar 2025% Jun 2025% Sep 2025% Dec 2025%
promoters 59.41 59.41 59.38 59.38 59.38
qrg investments and holdi... 41.25 41.25 41.23 41.23 41.23
shri anil rai gupta as ma... 12.35 12.35 12.34 12.34 12.34
shri surjit kumar gupta a... 5.81 5.81 5.81 5.81 5.81
PARTICULARS Dec 2024% Mar 2025% Jun 2025% Sep 2025% Dec 2025%
investors 40.59 40.59 40.62 40.62 40.62
government pension fund g... 1.46 1.62 1.61 1.60 1.62
hdfc trustee company limi... - - 1.63 2.39 3.03
investor education and pr... 0.06 - 0.06 0.06 0.06
life insurance corporatio... 3.62 4.43 5.27 6.55 7.65
llp 0.04 0.04 0.04 0.04 0.04
nalanda india equity fund... 4.12 4.12 4.12 4.12 4.12
nps trust a/c uti pension... - 1.53 1.09 1.12 1.11
government of singapore 1.27 1.01 - - -
investor education and pr... - 0.06 - - -
nps trust- a/c sbi pensio... 1.84 - - - -

Annual Reports

Title Link
Title Link
Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

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Concalls & Presentations

TYPE QUARTER Link
TYPE QUARTER Link
Concall Q4FY25
Concall Q4FY23
Concall Q4FY22
Concall Q4FY20
Concall Q3FY26
Concall Q3FY22
Concall Q3FY22
Concall Q3 FY20
Concall Q2FY24
Concall Q2FY22
Concall Q2FY21
Concall Q1FY22
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Presentation Q3 FY20
Presentation Q2FY25
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Presentation Q2FY24
Presentation Q2FY22
Presentation Q2FY21
Presentation Q1FY25
Presentation Q1FY22
Presentation Q1FY21
Presentation Q1FY20

Company News

Havells India informs about updates 21 Mar, 1:26 PM Havells India reports 8% rise in Q3 consolidated net profit 20 Jan, 11:00 AM Havells India - Quaterly Results 20 Jan, 12:00 AM Havells India informs about compliances-certificate 8 Jan, 5:15 PM Havells India informs about change in management 15 Dec, 5:44 PM Havells India gets nod to acquire 26% in Kundan Solar 27 Nov, 11:20 AM Havells India informs about disclosure 29 Oct, 3:06 PM Havells India gains on planning to expand washing machine production capacity at Ghiloth 29 Oct, 9:42 AM Havells India plans to expand washing machine production capacity at Ghiloth 29 Oct, 9:22 AM Havells India - Quaterly Results 18 Oct, 12:00 AM Havells India submits board meeting intimation 3 Oct, 3:01 PM Havells India informs about closure of trading window 22 Sep, 4:45 PM Havells India reports 15% fall in Q1 consolidated net profit 22 Jul, 3:00 PM Havells India - Quaterly Results 21 Jul, 4:07 PM Havells India - Quaterly Results 21 Jul, 4:07 PM Havells India - Quaterly Results 21 Jul, 4:07 PM Havells India to enhance annual manufacturing capacities of cables at Alwar 26 May, 10:30 AM Havells India reports 16% rise in Q4 consolidated net profit 23 Apr, 12:28 PM Havells India - Quaterly Results 22 Apr, 5:01 PM Havells India - Quaterly Results 22 Apr, 5:01 PM Havells India - Quaterly Results 22 Apr, 5:01 PM Havells India gets nod to invest in Goldi Solar 15 Apr, 10:00 AM Havells India launches Luxuria collection under Lloyd brand 7 Apr, 3:57 PM Havells India informs about analyst meet 21 Mar, 2:56 PM Havells India informs about press release 10 Feb, 4:48 PM Havells India reports marginal fall in Q3 consolidated net profit 17 Jan, 12:14 PM Havells India - Quaterly Results 16 Jan, 5:43 PM Havells India - Quaterly Results 16 Jan, 5:43 PM Havells India - Quaterly Results 16 Jan, 5:43 PM Havells India informs about updates 19 Nov, 12:29 PM Havells India to set-up manufacturing facility in Rajasthan 19 Nov, 12:20 PM Havells India informs about updates 4 Nov, 11:39 AM Havells India informs about newspaper clippings 22 Oct, 5:06 PM Havells India informs about newspaper publication 18 Oct, 4:47 PM Havells India’s consolidated net profit rises 7.50% in Q2FY25 18 Oct, 11:28 AM Havells India - Quaterly Results 17 Oct, 2:44 PM Havells India - Quaterly Results 17 Oct, 2:44 PM Havells India - Quaterly Results 17 Oct, 2:44 PM Havells India informs about compliance certificate 7 Oct, 4:11 PM Havells India informs about investor meeting 17 Sep, 1:11 PM Havells launches Studio Meditate AP400, AP250 air purifiers 4 Sep, 3:42 PM Havells India starts commercial production of Cable in Karnataka facility 4 Sep, 11:58 AM Havells India reports 42% rise in Q1 consolidated net profit 18 Jul, 2:58 PM Havells India - Quaterly Results 18 Jul, 2:04 PM Havells India - Quaterly Results 18 Jul, 2:04 PM Havells India - Quaterly Results 18 Jul, 2:04 PM Havells India planning to expand manufacturing capacities of Cables at Alwar 10 Jul, 10:42 AM Havells India to expand existing manufacturing capacities of Air Conditioners 14 Jun, 9:30 AM Havells India informs about press release 10 Jun, 2:45 PM Havells India partners with Jumbo Group 10 Jun, 2:09 PM

Havells India Stock Price Analysis and Quick Research Report. Is Havells India an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Havells India. 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Havells India has a PE ratio of 51.9969255452747 which is high and comparatively overvalued.

  • Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Havells India has ROA of 11.0317% which is a bad sign for future performance. (Higher values are always desirable.)

  • Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Havells India has a Current ratio of 1.7753.

  • Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Havells India has a ROE of 18.9109%. (Higher is better)

  • Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Havells India has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: Havells India has reported revenue growth of 17.2287% which is fair in relation to its growth and performance. 

  • Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Havells India for the current financial year is 10.0118597559714%.

  • Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Havells India is Rs 10 and the yield is 0.8067%.

  • Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Havells India is Rs 23.8091. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Havells India in Ticker for free. Also, one can get the intrinsic value of Havells India by using Valuation Calculators, which are available with a Finology ONE subscription. 

Havells India FAQs

Q1. What is Havells India share price today?
Ans: The current share price of Havells India is Rs 1238.

Q2. What is the market capitalisation of Havells India?
Ans: Havells India has a market capitalisation of Rs 77654.3970396 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Havells India?
Ans: The PE ratio of Havells India is 51.9969255452747 and the P/B ratio of Havells India is 8.64933446235793, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Havells India share?
Ans: The 52-week high share price of Havells India is Rs 1673.8, and the 52-week low share price of Havells India is Rs 1217.2.

Q5. Does Havells India pay dividends?
Ans: Currently, Havells India pays dividends. Dividend yield of Havells India is around 0.8067%.

Q6. What are the face value and book value of Havells India shares?
Ans: The face value of Havells India shares is Rs 1, while the book value per share of Havells India is around Rs 143.1324. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Havells India?
Ans: Havells India has a total debt of Rs 0 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Havells India?
Ans: The ROE of Havells India is 18.9109% and ROCE of Havells India is 26.3917%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Havells India a good buy for the long term?
Ans: The Havells India long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Havells India undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Havells India appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Havells India’s financials?
Ans: You can review Havells India’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Havells India Share Price News

Latest updates on Havells India share price and stock news.

Last Updated on:
Brief about Havells India

Havells India Share Price, Stock Analysis & Company Profile

Havells India Limited is one of India’s leading fast-moving electrical goods (FMEG) companies, known for its strong brand equity, wide distribution network, and diversified product portfolio. From electrical equipment to consumer appliances, Havells has built a significant presence across residential, commercial, and industrial segments. This page serves as a comprehensive hub for investors looking for a detailed Havells India stock analysis, helping track the Havells India share price and evaluate its long-term growth potential.

About Havells India

Founded in 1958, Havells India has grown from a small trading business into a globally recognised electrical equipment company. Headquartered in Noida, the company operates across multiple product categories and has a strong domestic and international footprint.

Havells is particularly known for its brand-driven strategy and its acquisition of Lloyd, which expanded its footprint in the consumer durables segment, especially in air conditioners and televisions. The company focuses on innovation, premiumisation, and extensive distribution, enabling it to maintain a leadership position in several electrical categories.

Havells India Business Model

The business model of Havells India is built on brand strength, product diversification, and an extensive distribution network. It operates through multiple product verticals:

Electrical Consumer Durables: Includes fans, air conditioners, air coolers, water heaters, and small kitchen appliances under the Havells and Lloyd brands.
Switchgears: Offers circuit protection devices such as MCBs, RCCBs, and distribution boards used in residential and industrial setups.
Cables & Wires: A core revenue driver, catering to housing, infrastructure, and industrial demand.
Lighting & Fixtures: Includes LED lamps, luminaires, and lighting solutions for residential and commercial applications.
Lloyd Consumer Division: Focuses on large appliances such as air conditioners, washing machines, and televisions.
International Business: Presence in multiple geographies through exports and overseas subsidiaries, contributing to revenue diversification.

Havells India IPO and Listing Details

Havells India has a long-standing presence in the Indian stock market, making it a well-established name among retail and institutional investors.

IPO Listing Year: 1994
IPO Price: Rs 10 per share (approx.)
Listing Price: The stock had a stable listing, reflecting investor confidence.
Face Value: Rs 1 per share
ISIN: INE176B01034
Listing Exchanges: BSE and NSE
BSE Scrip Code: 517354
NSE Symbol: HAVELLS

Havells India Corporate Action History

Havells India has consistently rewarded its shareholders through dividends, bonus issues, and stock splits, enhancing shareholder value over time.

Stock Split History

The company has undertaken stock splits to improve liquidity and make shares more accessible to retail investors.
2011: Stock Split from a Face Value of Rs 5 to Rs 1
Ex-Date: 20 September 2011

Bonus Share History

Havells has issued bonus shares to increase investor participation and reward long-term shareholders.
2017: 1:1 Bonus Issue (1 bonus share for every 1 share held)
Ex-Date: 06 September 2017

Investor Note: Havells India has maintained a consistent track record of capital allocation and shareholder rewards, combining steady dividends with periodic corporate actions.

Investor Resources Available on This Page

We aim to provide investors with comprehensive tools to conduct a thorough Havells India stock analysis. On this page, you can access:

Price Chart: Track historical price trends and analyse the Havells India share price movement over time.
Company Ratios: Evaluate valuation metrics such as PE ratio, ROE, ROCE, and operating margins.
Quarterly Results & Balance Sheet: Review revenue growth, segment performance, and profitability trends.
Cash Flow & Annual Reports: Understand operational efficiency and long-term financial health through detailed reports.
Shareholding Pattern: Analyse promoter holdings and institutional participation, including FIIs and DIIs.
Pros & Cons: Get a quick snapshot of strengths such as brand leadership and risks like raw material cost volatility.

Frequently Asked Questions

Q1. What is the Havells India share price today?
The share price displayed at the top of this page reflects the latest trading value on the NSE and BSE, with a standard delay of around 15 minutes.

Q2. What does Havells India Limited do?
Havells India is a leading FMEG company engaged in manufacturing electrical equipment, consumer appliances, lighting products, and cables and wires.

Q3. What was the IPO price of Havells India?
Havells India was listed in 1994, with an approximate IPO price of Rs 10 per share.

Q4. When did Havells India last issue bonus shares?
The company issued bonus shares in a 1:1 ratio in September 2017.

Q5. Where are Havells India shares listed?
The shares are listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Q6. What is the face value of Havells India shares?
The current face value of each equity share is Rs 1 after the stock split in 2011.

Q7. How can I access the Havells India Annual Report?
You can download the latest Annual Report and investor presentations from the “Reports” or “Documents” section available on this page.

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