Havells India Ltd.

NSE: HAVELLS BSE: 517354 SECTOR: Electric Equipment

1159.4
-2.9 (-0.25%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 1177.65

Today's Low

₹ 1151.65

52 Week High

₹ 1231.9

52 Week Low

₹ 568.4

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

72613.58 Cr.

Enterprise Value

71481.04 Cr.

No. of Shares

62.63 Cr.

P/E

59.98

P/B

13.45

Face Value

₹ 1

Div. Yield

0.56%

Book Value (TTM)

₹  86.19

CASH

1624.74 Cr.

DEBT

492.2 Cr.

Promoter Holding

59.47%

EPS (TTM)

₹  19.33

Sales Growth

10.59%

ROE

21.96 %

ROCE

30.43 %

Profit Growth

41.83 %

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

Your Added Ratios

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Brands

LLOYD Crabtree Standard REO

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.

Peer Comparison

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

 Group Companies

Ratios

Sales Growth

1 Year10.59%
3 Year8.61%
5 Year14.16%

Profit Growth

1 Year41.83%
3 Year13.42%
5 Year7.86%

ROE%

1 Year21.96%
3 Year19.69%
5 Year19.34%

ROCE %

1 Year30.43%
3 Year27.35%
5 Year26.91%

Debt/Equity

0.0953

Price to Cash Flow

110.37

Interest Cover Ratio

16.9117483605646

CFO/PAT (5 Yr. Avg.)

1.01816311913463

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 59.47 0
Mar 2021 59.5 0
Dec 2020 59.5 0
Sep 2020 59.5 0
Jun 2020 59.5 0
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROCE of 27.3468619268278% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 16.9117483605646.
  • The company has an efficient Cash Conversion Cycle of 33.3770777417938 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.01816311913463.
  • The company has a high promoter holding of 59.47%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.18438935364275.

 Limitations

  • The company has shown a poor revenue growth of 8.61334670836829% for the Past 3 years.
  • The company is trading at a high PE of 59.98.
  • The company is trading at a high EV/EBITDA of 36.3138.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Net Sales 1479.12 2451.76 3165.85 3331.19 2598.2
Total Expenditure 1348.26 2031.08 2657.78 2825.54 2245.09
Operating Profit 130.86 420.68 508.07 505.65 353.11
Other Income 32.21 79.23 39.17 37.21 34.19
Interest 16.72 17.27 15.15 23.5 10.95
Depreciation 60.4 59.09 64.38 64.99 61.58
Exceptional Items 0 0 0 0 0
Profit Before Tax 85.95 423.55 467.71 454.37 314.77
Tax 22.61 98.65 118.58 152.1 80.47
Profit After Tax 63.34 324.9 349.13 302.27 234.3
Adjusted EPS (Rs) 1.01 5.19 5.58 4.83 3.74

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 6135.26 8138.57 10067.71 9429.2 10427.92
Total Expenditure 5311.12 7089.28 8844.89 8370.34 8845.33
Operating Profit 824.14 1049.29 1222.82 1058.86 1582.59
Other Income 134.28 116.99 127.77 111.98 187.82
Interest 12.15 23.97 55.13 51.2 89.97
Depreciation 119.63 139.52 149.36 217.91 248.86
Exceptional Items -57.81 11.91 0 0 0
Profit Before Tax 768.83 1014.7 1146.1 901.73 1431.58
Tax 229.79 302.18 358.76 168.7 391.94
Net Profit 539.04 712.52 787.34 733.03 1039.64
Adjusted EPS (Rs.) 8.63 11.4 12.59 11.71 16.61

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 62.49 62.51 62.55 62.58 62.6
Total Reserves 3211.09 3676.64 4129.65 4242.23 5101.85
Borrowings 0 81 40.5 0 393.65
Other N/C liabilities 127.41 254.02 370.69 434.99 504.93
Current liabilities 1559 2467.24 2522.27 2308.06 2757.19
Total Liabilities 4959.99 6541.41 7125.66 7047.86 8820.22
Assets
Net Block 1209.89 2731.49 2904.42 3350.37 3290.88
Capital WIP 11.91 24.05 232.15 82.77 86.26
Intangible WIP 0 0 0.51 3.36 3.65
Investments 444.99 95.49 1.66 1.63 1.63
Loans & Advances 101.35 56.07 95.84 90.69 95.27
Other N/C Assets 0.79 1.7 71.75 66.42 55.96
Current Assets 3191.06 3632.61 3819.33 3452.62 5286.57
Total Assets 4959.99 6541.41 7125.66 7047.86 8820.22
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 768.83 1002.79 1146.1 901.73 1431.58
Adjustment 81.9 94.23 77.25 184.3 196.27
Changes in Assets & Liabilities 132.26 255.6 -463.87 -21.47 -698.48
Tax Paid -205.16 -244.96 -246.87 -239.79 -271.44
Operating Cash Flow 777.83 1107.66 512.61 824.77 657.93
Investing Cash Flow -227.24 -1003.11 184.87 -547.65 -763.22
Financing Cash Flow -72.4 -358.31 -317.95 -715.9 189.77
Net Cash Flow 478.19 -253.76 379.53 -438.78 84.48

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 59.5 59.5 59.5 59.5 59.47
qrg enterprises limited 30.33 30.33 30.33 30.33 30.31
qrg investments and holdi... 10.98 10.98 10.98 10.98 10.98
qrg investments and holdi... 10.98 10.98 10.98 10.98 10.98
shri anil rai gupta as ma... 12.37 12.37 12.37 12.37 12.36
shri surjit kumar gupta a... 5.82 5.82 5.82 5.82 5.82
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 8.68 8.18 7.56 7.51 8.17
iepf 0.03 0.04 0.04 0.03 0.03
llp 0 0 0 0 0.17
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 31.36 31.85 32.72 32.8 32.06
government pension fund g... 1.93 1.92 1.92 1.92 1.93
nalanda india equity fund... 5.28 5.28 5.28 5.28 5.28
smallcap world fund, inc 1.09 1.62 1.76 1.76 1.76
life insurance corporatio... 5.22 6.38 5.45 4.86 4.17
mirae asset large cap fun... 1.44 1.01 0 0 0

Ratings & Research Reports

Company Presentations

Company News

Havells India informs about transcript of conference call27 Jul 2021, 11:27AM Havells India reports around 4-fold jump in Q1 consolidated net profit22 Jul 2021, 3:10PM Havells India informs about newspaper clippings27 May 2021, 11:07AM Havells India informs about disclosures27 May 2021, 10:58AM Havells India informs about book closure25 May 2021, 12:43PM Havells India reports 71% rise in Q4 consolidated net profit21 May 2021, 12:08PM Havells India informs about conference call18 May 2021, 10:38AM Havells India to cover COVID-19 vaccination cost of direct, indirect employees26 Apr 2021, 3:59PM Havells India expects to continue growth momentum in fans business22 Mar 2021, 3:47PM Havells India launches Stealth Puro Air22 Mar 2021, 12:30PM Havells India informs about record date 17 Mar 2021, 4:25PM Havells India to cover COVID-19 vaccination cost for staff in India12 Mar 2021, 11:24AM Havells India reports 75% rise in Q3 consolidated net profit21 Jan 2021, 9:45AM Havells India informs about certificate7 Jan 2021, 10:39AM Havells India to shift switchgears production to Baddi3 Oct 2020, 9:44AM Havells India informs about closure of trading window29 Sep 2020, 10:22AM Havells India enters into refrigerator segment under brand ‘Lloyd’24 Sep 2020, 11:17AM Havells India to raise Rs 500 crore through issue of Commercial Paper5 Aug 2020, 10:49AM Havells India approves issuance of CP for Rs 500 crores28 Jul 2020, 4:11PM Havells India reports 63% fall in Q1 consolidated net profit28 Jul 2020, 10:27AM Havells India informs about update on un-audited financial results27 Jul 2020, 3:07PM Havells India informs about board meeting15 Jul 2020, 10:21AM

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 60.1677246460037 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 13.1035386763868 % 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 1.91737602414052 .

  • 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 21.9611786252189 % .(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 D/E ratio of 0.0953 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Havells India has an Inventory turnover ratio of 4.67655289562912 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Havells India has reported revenue growth of 10.5917787299028 % which is poor 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 15.176468557488 %.

  • 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 6.5 and the yield is 0.5537 %.

 

Brief about Havells India

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