Havells India Ltd

517354

Summary

Fair Value Assessment
Overvalued (20% Premium)
Fair ValueQ1,323.34UncertaintyHigh
Close Price1,598.90May 14, 2025
Market Closed
1,592.70
Price Down by 6.20 | 0.39 %
Previous Close
1,598.90
Day Range
1,578.85 – 1,623.55
Year Range
1,360.05 – 2,104.95
Bid / Ask
Market Cap
998.5 Bil
Volume / Average
25.3 k / 40.2 k
Beta (5-Year)
Shares Outstanding
626.94 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Havells India Ltd manufactures and distributes electrical equipment for consumer and industrial applications. Its product portfolio includes fans, appliances, switches, lighting, switch gears, circuit breakers, water heaters, air purifiers, flexible cables, air coolers, monoblock and submersible pumps, personal grooming products, motors, and reactive power solutions. The firm has seven manufacturing facilities, all of which are in India. The company operates in multiple segments: switchgear (domestic and industrial), Cables (domestic and industrial underground), Lighting and Fixtures (LED lamps), Electrical Consumer Durables (fans, water heaters), Lloyd Consumer products (air conditioners, televisions), and Others (industrial motors, water purifiers).
Contact
2D, Expressway QRG Towers, Sector 126, Noida, UP 201304
T +91 1203331000
www.havells.com opens in a new tab
Sector
Industrials
Industry
Electrical Equipment & Parts
Most Recent Earnings
Mar 31, 2025
Fiscal Year End
Mar 31, 2025
Employees
7,449

Key Metrics

Income Statement (in Bil, except ratios)
03/31/2025
03/2025
03/2024
03/2023
03/2022
03/2021
Revenue
217.78 217.78 184.73 168.06 138.35 103.83
Revenue Growth %
17.15% 17.15% 9.92% 21.47% 33.25% 10.61%
Gross Profit
71.70 71.70 54.67 47.14 40.79 35.97
Gross Profit Margin %
32.92% 32.92% 29.59% 28.05% 29.48% 34.65%
Operating Income
17.74 17.74 15.69 13.46 15.32 13.67
Operating Margin %
8.15% 8.15% 8.49% 8.01% 11.07% 13.17%
EBIT
20.34 20.34 15.68 13.57 15.56 14.03
EBIT Margin %
9.34% 9.34% 8.49% 8.08% 11.24% 13.51%
EBITDA
24.34 24.34 19.07 16.54 18.16 16.52
EBITDA Margin %
11.18% 11.18% 10.32% 9.84% 13.13% 15.91%
Net Income
14.72 14.72 12.71 10.72 11.96 10.44
Net Profit Margin %
6.75% 6.75% 6.88% 6.38% 8.65% 10.06%
Basic EPS
23.49 23.49 20.28 17.11 19.11 16.68
Diluted EPS
23.48 23.48 20.28 17.11 19.10 16.68
Normalized EPS
23.59 23.59 20.12 18.27 19.06 16.78
Total Dividends per Share
10.00 10.00 7.50 7.50 6.50 3.00
Balance Sheet (in Bil, except ratios)
03/31/2025
03/2025
03/2024
03/2023
03/2022
03/2021
Total Assets
138.09 138.09 124.33 111.57 105.23 88.52
Total Liabilities
54.68 54.68 49.86 45.32 45.20 36.76
Total Debt
3.19 3.19 3.03 2.23 6.16 6.23
Total Equity
83.41 83.41 74.47 66.25 60.03 51.76
Cash And Cash Equivalents
8.07 8.07 2.66 4.65 7.76 3.55
Working Capital
40.96 40.96 36.16 32.31 29.73 25.43
Shares Outstanding (Bil)
0.63 0.63 0.63
626.94 626.47 626.26
Book Value Per Share
132.77 132.77 118.72 105.72 95.84 82.68
Total Debt To Equity
0.04 0.04 0.04 0.03 0.10 0.12
Cash Flow Statement (in Bil, except ratios)
03/31/2025
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
15.15 19.53 5.65 17.28 6.58 8.27
Cash From Investing Activities
-3.02 -16.14 0.35 -7.59 -7.63 -5.48
Cash From Financing Activities
-6.69 -5.34 -9.07 -5.47 1.90 -7.16
Capital Expenditures
7.66 7.86 5.88 2.58 2.50 3.61
Free Cash Flow
9.57 7.06 6.48 11.07 10.51 4.71
Change in Cash
5.45 -1.95 -3.07 4.22 0.85 -4.37

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Rajesh Kumar Gupta (—) Group Chief Financial Officer and Director
Anil Rai Gupta (—) Chairman of the Board and Managing Director
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership


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