Havells India Ltd

517354

Summary

Fair Value Assessment
Overvalued (20% Premium)
Fair ValueQ1,266.81UncertaintyHigh
Close Price1,527.65Mar 28, 2025
Market Closed
1,527.65
Price Up by 12.05 | 0.80 %
Previous Close
1,527.65
Day Range
1,500.65 – 1,543.05
Year Range
1,380.55 – 2,104.95
Bid / Ask
Market Cap
957.7 Bil
Volume / Average
33.8 k / 25.5 k
Beta (5-Year)
0.93
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
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
7,449

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
205.60 184.73 168.06 138.35 103.83 93.87
Revenue Growth %
14.85% 9.92% 21.47% 33.25% 10.61% -6.24%
Gross Profit
62.96 54.67 47.14 40.79 35.97 33.05
Gross Profit Margin %
30.63% 29.59% 28.05% 29.48% 34.65% 35.21%
Operating Income
16.83 15.69 13.46 15.32 13.67 8.69
Operating Margin %
8.18% 8.49% 8.01% 11.07% 13.17% 9.25%
EBIT
17.50 15.68 13.57 15.56 14.03 8.47
EBIT Margin %
8.51% 8.49% 8.08% 11.24% 13.51% 9.03%
EBITDA
21.34 19.07 16.54 18.16 16.52 10.65
EBITDA Margin %
10.38% 10.32% 9.84% 13.13% 15.91% 11.35%
Net Income
14.01 12.71 10.72 11.96 10.44 7.35
Net Profit Margin %
6.81% 6.88% 6.38% 8.65% 10.06% 7.84%
Basic EPS
22.34 20.28 17.11 19.11 16.68 11.76
Diluted EPS
22.33 20.28 17.11 19.10 16.68 11.76
Normalized EPS
22.23 20.12 18.27 19.06 16.78 11.68
Total Dividends per Share
9.00 7.50 7.50 6.50 3.00 8.50
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
128.43 124.33 111.57 105.23 88.52 70.73
Total Liabilities
50.34 49.86 45.32 45.20 36.76 27.62
Total Debt
3.32 3.03 2.23 6.16 6.23 1.62
Total Equity
78.09 74.47 66.25 60.03 51.76 43.12
Cash And Cash Equivalents
3.82 2.66 4.65 7.76 3.55 2.68
Working Capital
37.73 36.16 32.31 29.73 25.43 11.54
Shares Outstanding (Bil)
0.63 0.63 0.63 0.63 0.63
Book Value Per Share
118.72 105.72 95.84 82.68 68.89
Total Debt To Equity
0.04 0.04 0.03 0.10 0.12 0.04
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
19.14 19.53 5.65 17.28 6.58 8.27
Cash From Investing Activities
-12.37 -16.14 0.35 -7.59 -7.63 -5.48
Cash From Financing Activities
-6.06 -5.34 -9.07 -5.47 1.90 -7.16
Capital Expenditures
7.86 5.88 2.58 2.50 3.61
Free Cash Flow
7.06 6.48 11.07 10.51 4.71
Change in Cash
0.72 -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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