HAVELLS INDIA LIMITED·CABLES 81.47ELECTRICAL COMPONENTS 66.98·Consumer Durables Companies

Price

1,190.8

-1.41%
O:1212
H:1223
L:1182.6
C:1190.8

52W Range

1123.61621.1
+6%/-27%

Market Cap

₹74,730.04 Cr

Traded: ₹278.21 Cr (0.37%) 0.0x

Free Float: ₹4,453.91 Cr (6.25% of FF traded)

Volume · 60D trend

23.2 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-0% 3M:-6% 6M:-12% 12M:-21%

Valuation

P/E44.1
P/B7.9
P/S3.3
EV/EBIT45.1

Business Strength

ROE18.8%
ROCE25.3%
OPM9.8%
NPM7.5%

Growth (3Y CAGR)

EPS+14.8%
Sales+10.0%
Profit+17.0%
3Y Return+4.0%

Balance Sheet

Debt/Equity0.0
Debt265 Cr
Pledge0.0%
CWIP/Fixed Asset8.2%

Cash Position

CFO/NP--
FCF762 Cr
FCF 3Y Avg2,714 Cr
Cash/MCap3.0%

Others

Div Yield0.6%
Div Payout37.0%
Cash Conv. Cycle50 days
Tradeable Free Float6.0%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 183.88 Cr
4.13% FF
60d high
₹ 192.41 Cr
60d low
₹ 87.08 Cr
60d mean
₹ 165.85 Cr
vs mean
▲ 10.87%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+19.0%
+19.0%
+19.0%
--
--
Stable
Return
+15.0%
+6.0%
+4.0%
-19.0%
--
Decelerating
Sales
+11.0%
+17.0%
+10.0%
--
+3.0%
Decelerating
Profit
+12.0%
+11.0%
+17.0%
--
+16.0%
Stable

Quarterly Results

Mar 2026

22 Apr
Rev
6.7K Cr
+2% YoY+20% QoQ
OPM11.0%
NPM10.8%
PAT
+40% YoY723 Cr
EPS
+40% YoY11.5

Dec 2025

19 Jan
Rev
5.6K Cr
+14% YoY+17% QoQ
OPM9.0%
NPM5.4%
PAT
+20% YoY300 Cr
EPS
+8% YoY4.8

Sep 2025

Rev
4.8K Cr
+5% YoY-12% QoQ
OPM9.0%
NPM6.7%
PAT
+19% YoY318 Cr
EPS
+19% YoY5.1

Jun 2025

Rev
5.5K Cr
-6% YoY-17% QoQ
OPM9.0%
NPM6.4%
PAT
-15% YoY348 Cr
EPS
-15% YoY5.5

Mar 2025

Rev
6.5K Cr
+20% YoY+34% QoQ
OPM12.0%
NPM7.9%
PAT
+16% YoY517 Cr
EPS
+16% YoY8.3

Dec 2024

Rev
4.9K Cr
+11% YoY+8% QoQ
OPM9.0%
NPM5.7%
PAT
-3% YoY278 Cr
EPS
-3% YoY4.4

Sep 2024

Rev
4.5K Cr
+16% YoY-22% QoQ
OPM8.0%
NPM5.9%
PAT
+8% YoY268 Cr
EPS
+8% YoY4.3

Jun 2024

Rev
5.8K Cr
+20% YoY+7% QoQ
OPM10.0%
NPM7.0%
PAT
+42% YoY408 Cr
EPS
+42% YoY6.5

Mar 2024

Rev
5.4K Cr
+12% YoY+23% QoQ
OPM12.0%
NPM8.2%
PAT
+25% YoY447 Cr
EPS
+25% YoY7.1

Dec 2023

Rev
4.4K Cr
+7% YoY+13% QoQ
OPM10.0%
NPM6.5%
PAT
+2% YoY288 Cr
EPS
+1% YoY4.6

Sep 2023

Rev
3.9K Cr
---19% QoQ
OPM10.0%
NPM6.4%
PAT
+33% YoY249 Cr
EPS
--4.0

Jun 2023

Rev
4.8K Cr
---1% QoQ
OPM8.0%
NPM5.9%
PAT
+18% YoY287 Cr
EPS
--4.6

Mar 2023

Rev
4.9K Cr
--+18% QoQ
OPM11.0%
NPM7.4%
PAT
+2% YoY358 Cr
EPS
--5.7

Dec 2022

Rev
4.1K Cr
----
OPM10.0%
NPM6.9%
PAT
-7% YoY284 Cr
EPS
--4.5

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.03
Interest Coverage--x
Promoter Pledge0.0%
Borrowings265 Cr

Efficiency

Receivable Days13 days
Inventory Days107 days
Payable Days70 days
Cash Conversion cycle50 days

Cash Position

Operating Cash Flow--
Investing Cash Flow--
Financing Cash Flow--
Free Cash Flow762 Cr

Detailed Financials

Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Jun 2023
Mar 2023
Dec 2022
Sales6,7055,5884,7795,4556,5444,8894,5395,8065,4424,4143,9004,8344,8594,128
Expenses5,9765,0724,3414,9405,7874,4624,1645,2344,8073,9813,5274,4324,3323,704
Operating Profit729516438516757426375572635433373402527424
OPM %11.0%9.0%9.0%9.0%12.0%9.0%8.0%10.0%12.0%10.0%10.0%8.0%11.0%10.0%
Other Income3109916969649377765652654740
Interest10999159109181098107
Depreciation1121091061061101049592938881767775
Profit Before Tax918408415470701377363549599391335382487381
Tax %21.0%26.0%23.0%26.0%26.0%26.0%26.0%26.0%25.0%26.0%26.0%25.0%26.0%26.0%
Net Profit723300318348517278268408447288249287358284
Exceptional Items0-45000000000000
EPS (Rs)11.54.85.15.58.34.44.36.57.14.64.04.65.74.5
Sales Growth (YoY)2.5%14.3%5.3%-6.0%20.3%10.8%16.4%20.1%12.0%6.9%--------
Sales Growth (QoQ)20.0%16.9%-12.4%-16.6%33.9%7.7%-21.8%6.7%23.3%13.2%-19.3%-0.5%17.7%--
OP Growth (YoY)-3.7%21.1%16.8%-9.8%19.2%-1.6%0.5%42.3%20.5%2.1%--------
OP Growth (QoQ)41.3%17.8%-15.1%-31.8%77.7%13.6%-34.4%-9.9%46.7%16.1%-7.2%-23.7%24.3%--
Profit Growth (YoY)40.0%20.0%19.0%-15.0%16.0%-3.0%8.0%42.0%25.0%2.0%33.0%18.0%2.0%-7.0%
EPS Growth (YoY)39.6%8.1%18.9%-14.8%15.8%-3.3%7.8%42.1%24.9%1.3%--------
EPS Growth (QoQ)140.2%-5.7%-8.3%-32.8%86.0%3.7%-34.3%-8.7%55.3%15.6%-13.3%-19.8%26.1%--
OP Margin10.9%9.2%9.2%9.5%11.6%8.7%8.3%9.8%11.7%9.8%9.6%8.3%10.8%10.3%
Net Margin10.8%5.4%6.7%6.4%7.9%5.7%5.9%7.0%8.2%6.5%6.4%5.9%7.4%6.9%
Material Cost %--67.0%65.0%67.0%68.0%66.0%66.0%68.0%67.0%67.0%67.0%70.0%70.0%67.0%
Employee Cost %--9.0%10.0%9.0%7.0%10.0%10.0%8.0%8.0%9.0%10.0%7.0%7.0%8.0%
P/S3.323.73------------------------
P/E44.1556.07------------------------
P/B7.909.61------------------------

Shareholding Pattern

Shareholders:2.7L (+14.5%)
Current MixMar 2026

Exchange Filings

50
Company Update09 Jul 2026

Havells India Limited has issued a Press Release titled "Havells Enters Battery Energy Storage Segment Through Strategic Collaboration with Pixii AS", dated 9 July 2026.

Board Meeting06 Jul 2026

Havells India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/07/2026 ,inter alia, to consider and approve the Standalone and Consolidated ....

Company Update01 Jul 2026

Reaffirmation of Credit Ratings by CARE.

Insider Trading / SAST25 Jun 2026

Closure of Trading Window Q1

AGM/EGM19 Jun 2026

1) Proceedings of the AGM 2) Voting Results 3) Scrutinizer''s Report

AGM/EGM19 Jun 2026

1) Proceedings of the AGM 2) Voting Results 3) Scrutinizer''s Report

Company Update19 Jun 2026

(1) Completion of Tenure of Independent Directors (2) Appointment of Additional Directors (Independent)

Company Update11 Jun 2026

Havells India Limited will be participating in "Citi: India Consumption Tour (II Edition)" on 18th June 2026

Company Update10 Jun 2026

General Update in response to clarifications sought by certain Proxy Advisory Firms on Resolution(s) proposed in the Notice of upcoming 43rd AGM of the Company on 19 June 2026.

Company Update02 Jun 2026

General Update in response to the clarifications sought by certain Proxy Advisory Firms on Resolutions proposed in the Notice of upcoming 43rd AGM

Company Update30 May 2026

Newspaper Publication titled "(A) Special Window for Transfer and Demat of Physical Shares & (B) Second 100 days Campaign - Saksham Niveshak"

Company Update29 May 2026

Intimation regarding change in senior management due to superannuation.

Company Update28 May 2026

Newspaper Publication titled "Transfer of Unpaid Dividend in respect of FY 2018-19 (Final) and the underlying shares on which Dividend is unpaid/ unclaimed for 7 consecutive years beginning ....

Company Update26 May 2026

Havells India Limited will be participating in the analysts/ institutional investors meets scheduled on 2nd June, 2026, 3rd June, 2026, 4th June, 2026 and 8th June, 2026. Further details ....

Company Update22 May 2026

Intimation of Exercise

Company Update22 May 2026

The Share Allotment and Transfer Committee of the Board of Directors of the Company, has, in its Meeting held today on 22 May 2026, has allotted 3,04,810 Equity Shares of Re. 1 each to ....

Company Update22 May 2026

Newspaper Publication after completion of despatch of Notice of AGM and Integrated Annual Report

Others15 May 2026

Please find enclosed herewith the 43rd Annual Report of Havells India Limited ('the Company') for the financial year 2025-26 as the 8th Integrated Report of the Company alongwith the Notice ....

Others15 May 2026

Please find enclosed herewith the Integrated Annual Report of the Company for the FY 2025-26. Please note that the IR also contains the BRSR alongwith the Report on Reasonable Assurance ....

Company Update13 May 2026

Newspaper Publication regarding Public Notice published BEFORE sending Notice of AGM and Annual Report.

Corp. Action29 Apr 2026

Intimation of Record Date u/r 42 for the purpose of Final Dividend and the AGM of the Company.

AGM/EGM29 Apr 2026

The 43rd AGM of the Company is scheduled to be held on Friday, the 19th day of June 2026.

Company Update24 Apr 2026

Transcript of Earning Call

Company Update23 Apr 2026

Newspaper Publication with respect to audited financial results of the Company for the fourth quarter and financial year ended 31st March, 2026.

Company Update23 Apr 2026

Intimation of Grant and Vesting of Shares under employees stock purchase schemes of the Company.

Company Update22 Apr 2026

Appointment of Shri Varun Berry as an Additional Director (Independent).

Company Update22 Apr 2026

Resignation of Shri Vivek Mehra as an Independent Director

Company Update22 Apr 2026

Resignation of Shri Vivek Mehra as an Independent Director

Corp. Action22 Apr 2026

The Board has recommended a Final Dividend @ Rs. 6 per share i.e. 600% for the FY 2025-26.

Company Update22 Apr 2026

Investor Presentation

Result22 Apr 2026

Audited Standalone & Consolidated Financial Results for the Q$ and FY ended 31 March 2026

Board Meeting22 Apr 2026

Outcome of Board Meeting (1) Audited Standalone & Consolidated Financial Results of the Company for the fourth quarter and financial year ended 31st March, 2026 alongwith Audit Reports ....

Company Update22 Apr 2026

Audio Recording of Earnings Call with respect to Financial Results for the fourth quarter and financial year ended 31st March, 2026

Company Update16 Apr 2026

Earnings Conference Call to discuss the financial results for the fourth quarter and financial year ended on 31st March, 2026

Company Update11 Apr 2026

Certificate u/r 74(5) of SEBI (DP) Regulations 2018 for the quarter ended 31 March 2026

Board Meeting07 Apr 2026

Havells India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/04/2026 ,inter alia, to consider and approve (1) the Standalone and Consolidated ....

Company Update26 Mar 2026

Newspaper Publication titled "Special Window for Transfer and (Dematerialisation) Demat of Physical Shares" .

Insider Trading / SAST25 Mar 2026

Closure of Trading Window

Company Update20 Mar 2026

Intimation u/r 30 intimating about an Order received from Commissioner of Customs, ICD TKD - Import, New Delhi.

Company Update03 Mar 2026

The Company will be participating in the "JP Morgan India forum" on 9 March 2026.

Company Update03 Feb 2026

Havells India Limited furnishes schedule of analyst meets:- Meetings organised by Goldman Sachs on 6 Feb 2026, Nuvama India Conference 2026 on 10 Feb 2026, Kotak's Chasing Growth Investor ....

Company Update22 Jan 2026

Transcript of Earnings Call held to discuss the financial results for the third quarter and nine months ended 31st December, 2025 on 19th January, 2026

Company Update20 Jan 2026

Newspaper Clippings from the Economic Times (English) and Jansatta (Hindi) editions of 20 January 2026, wherein the Un-audited Financial Results of the Company for the third quarter and ....

Company Update19 Jan 2026

Audio Recording of the Earnings Call

Board Meeting19 Jan 2026

1. The Board approved the Limited Reviewed Un-Audited Standalone and Consolidated Financial Results for the Third Quarter and Nine months ended 31st December, 2025 2. The Board of Directors ....

Company Update19 Jan 2026

Upon the recommendation of the Nomination and Remuneration Committee, the Board approved the introduction of Havells ESPS 2026, framed in accordance with SEBI (SBEB & Sweat Equity) Regulations ....

Company Update19 Jan 2026

Information Update on the Un-audited Standalone and Consolidated Financial Results Q3 2025-26 already filed with the stock exchanges today.

Corp. Action19 Jan 2026

The Board has declared Interim Dividend of Rs. 4 per equity share of Re. 1 each.

Result19 Jan 2026

The Board approved Limited Reviewed Un-audited Standalone and Consolidated Financial Results for the 3rd quarter and nine months ended 31 December 2025. The Board also declared an Interim ....

Company Update14 Jan 2026

Newspaper Clippings of the publication titled INFORMATION ON INTERIM DIVIDEND - 2025-26 published by the Company today.

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
careRating update
07 Jul 2025Report
careRating update
08 Oct 2024Report
careRating update
09 Oct 2023Report
careRating update
20 Sept 2022Report
careRating update
02 Jul 2021Report
careRating update
31 Dec 2020Report

Concalls

62

Apr 2026

30 Apr 2026

Jan 2026

31 Jan 2026

Oct 2025

31 Oct 2025

Jul 2025

31 Jul 2025

Apr 2025

30 Apr 2025

Jan 2025

31 Jan 2025

Oct 2024

31 Oct 2024

Jul 2024

31 Jul 2024

Jul 2024

31 Jul 2024

Apr 2024

30 Apr 2024

Jan 2024

31 Jan 2024

Oct 2023

31 Oct 2023

Jul 2023

31 Jul 2023

May 2023

31 May 2023

Jan 2023

31 Jan 2023

Oct 2022

31 Oct 2022

Jul 2022

31 Jul 2022

May 2022

31 May 2022

Jan 2022

31 Jan 2022

Oct 2021

31 Oct 2021

Jul 2021

31 Jul 2021

Jul 2021

31 Jul 2021

May 2021

31 May 2021

Jan 2021

31 Jan 2021

Oct 2020

31 Oct 2020

Jul 2020

31 Jul 2020

May 2020

31 May 2020

Feb 2020

29 Feb 2020

Jan 2020

31 Jan 2020

Dec 2019

31 Dec 2019

Nov 2019

30 Nov 2019

Nov 2019

30 Nov 2019

Nov 2019

30 Nov 2019

Oct 2019

31 Oct 2019

Aug 2019

31 Aug 2019

Jul 2019

31 Jul 2019

Jun 2019

30 Jun 2019

May 2019

31 May 2019

Feb 2019

28 Feb 2019

Feb 2019

28 Feb 2019

Jan 2019

31 Jan 2019

Dec 2018

31 Dec 2018

Nov 2018

30 Nov 2018

Nov 2018

30 Nov 2018

Oct 2018

31 Oct 2018

Sep 2018

30 Sept 2018

Aug 2018

31 Aug 2018

Jul 2018

31 Jul 2018

Jun 2018

30 Jun 2018

May 2018

31 May 2018

May 2018

31 May 2018

Mar 2018

31 Mar 2018

Jan 2018

31 Jan 2018

Dec 2017

31 Dec 2017

Oct 2017

31 Oct 2017

Aug 2017

31 Aug 2017

May 2017

31 May 2017

Jan 2017

31 Jan 2017

Oct 2016

31 Oct 2016

Jul 2016

31 Jul 2016

May 2016

31 May 2016

Jan 2016

31 Jan 2016

Held by ETFs

40 ETFs hold HAVELLS · sorted by weight

#ETFWeight %
1

QUALITY30

KOTAKMAMC - QUALITY30

1.78%
2

NIFTYQLITY

BIRLASLAMC - NIFTYQLITY

1.78%
3

MIDCAP

KOTAKMAMC - KOTAKMID50

1.33%
4

SETFSN50

SBI MUTUAL FUND

1.11%
5

SNXT50BETA

UTIAMC-SNXT50BETA

1.04%
6

GROWWLOVOL

GROWWAMC - GROWWLOVOL

1.03%
7

CONS

KOTAKMAMC - KOTAKCONS

0.92%
8

SBIETFCON

SBIAMC - SBIETFCON

0.92%
9

CONSUMAXIS

AXISAMC-CONSUMAXIS

0.92%
10

CONSUMIETF

ICICIPRAMC - ICICICONSU

0.92%
11

SBIETFQLTY

SBIAMC - SBIETFQLTY

1.78%
12

HDFCQUAL

HDFCAMC - HDFCQUAL

1.78%
13

LICNMID100

LICNAMC - LICNMID100

0.84%
14

MOM100

MOTILAL OS MIDCAP100 ETF

0.89%
15

MAKEINDIA

MIRAEAMC - MAMFGETF

0.75%
16

MANUFGBEES

NIPPONAMC - MANUFGBEES

0.75%
17

MID150

KOTAKMAMC - MID150

0.74%
18

MID150BEES

NIP IND ETF MIDCAP 150

0.74%
19

MOMGF

MOTILALAMC - MOMGF

0.74%
20

SBINMID150

SBIAMC - SBINMID150

0.74%
21

MIDCAPADD

DSPAMC - MIDCAPADD

0.74%
22

MID150CASE

ZERODHAAMC - MID150CASE

0.74%
23

GROWWMC150

GROWWAMC - GROWWMC150

0.74%
24

MIDCAPETF

MIRAEAMC - MAM150ETF

0.74%
25

MIDCAPIETF

ICICIPRAMC - ICICIM150

0.74%
26

HDFCMID150

HDFCAMC - HDFCMID150

0.71%
27

EQUAL200

MIRAEAMC - EQUAL200

0.47%
28

ELM250

EDELAMC - ELM250

0.38%
29

ESG

MIRAEAMC - MAESGETF

0.33%
30

MIDCAPBETA

UTIAMC-MIDCAPBETA

0.71%
31

SETFBSE100

SBI MUTUAL FUND

0.22%
32

MULTICAP

MIRAEAMC - MULTICAP

0.19%
33

MSCIADD

DSPAMC - MSCIADD

0.18%
34

ABSLMSCIN

BIRLASLAMC - ABSLMSCIN

0.19%
35

BSE500IETF

ICICIPRAMC - ICICI500

0.16%
36

MSCIINDIA

KOTAKMAMC - MSCIINDIA

0.19%
37

GROWWN200

GROWWAMC - GROWWN200

0.18%
38

MONIFTY500

MOTILALAMC - MONIFTY500

0.15%
39

AONETOTAL

AONEAMC - AONETOTAL

0.15%
40

HDFCBSE500

HDFCAMC - HDFCBSE500

0.15%

Held by Mutual Funds

6 schemes hold HAVELLS · sorted by weight

#SchemeWeight %
1

HSBC Consumption Fund

HSBC Mutual Fund

1.30%
2

HDFC Flexi Cap Direct Plan-Growth

HDFC Mutual Fund

0.57%
3

SBI Arbitrage Opportunities Fund

SBI Mutual Fund

0.07%
4

Groww Nifty Non-Cyclical Consumer Index Fund

Groww Mutual Fund

1.36%
5

Franklin India Mid Cap Fund

Franklin Templeton Mutual Fund

1.31%
6

Tata Ethical Direct Plan-Growth

Tata Mutual Fund

1.04%