Havells India Limited

Havells India Limited (HAVELLS) is a mid-cap Consumer Durables company valued at ₹70,525 crore operating in Consumer Electronics on the NSE and BSE.

Recent price move

Havells India Limited last traded at ₹1,121, modestly up 0.44% on the day.

Recent developments

On 2026-07-20, the company reported that its renewable energy segment revenue surged 236%, but the FMEG segment faced losses, leading to a 15.3% drop in quarterly profit. On 2026-07-17, the company announced a 37% rise in quarterly profit to ₹710 crore, though separate reports noted a 17% decline in profit for the first quarter of FY27.

Financial performance

The company's business is improving, with annual revenue rising 3.4% and net profit growing 14.9%. However, the latest quarter shows a sharp decline in net profit, falling 16.7% compared to the same quarter a year earlier, despite a 19.5% increase in revenue.

Valuation multiples

The stock trades at 41.6 times earnings, 7.41 times book value. It yields 0.9%.

Things to watch

The company's latest quarter net profit fell 16.7% compared to the same quarter a year earlier, and its stock is 29.7% below its 52-week high. The profit decline, despite revenue growth, suggests margin pressures or increased costs.

Where it stands

The company has shown strong revenue growth over the past five years, with a 16.6% CAGR, and its net profit margin has improved by 0.7 percentage points. However, the latest quarter's net profit fell 16.7% despite a 19.5% revenue increase, highlighting margin pressures. The stock is 29.7% below its 52-week high.

Summarised by DocStoX's model on 2026-09-08 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.