Havells India, 517354, HAVELLS Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

82,663.04
54.01
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

81,201.39
0.76%
8.95

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

11.08
15.80
8.80

EBITDA CAGR (%)

10 Years
5 Years
3 Years

11.04
6.33
5.91

PAT CAGR (%)

10 Years
5 Years
3 Years

1.26
7.11
11.16

P:E (Median)

8 Years
5 Years
3 Years

67.42
70.10
72.04

P:BV (Average)

8 Years
5 Years
3 Years

11.88
12.84
12.46

EV:EBITDA (Average)

8 Years
5 Years
3 Years

39.07
42.08
43.17

Earnings Forecasts:

(Updated: 31-01-2026)

Description 2024 2025 2026 2027
Adj EPS 23.49 24.68 31.32 37.02
P/E Ratio 56.11 53.40 42.08 35.60
Revenue 21778.1 23247.4 27002 30716.9
EBITDA 2130.86 2226.44 2875.37 3371.59
Net Income 1472.26 1546.54 1962.48 2305.2
ROA 11.22 11.12 12.43 12.98
P/B Ratio 9.93 8.97 7.97 7.04
ROE 18.67 17.48 19.92 20.66
FCFF 980.99 1054.06 1371.46 1778.87
FCFF Yield 1.26 1.36 1.77 2.29
Net Debt -3057.28 -3063.49 -3705.42 -4567.32
BVPS 132.77 146.94 165.44 187.14

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 5,573.44 4,882.50 14.15% 4,766.63 4,532.99 5.15% 5,437.81 5,798.11 -6.21% 6,532.21 5,434.34 20.20%
Expenses 5,049.44 4,450.86 13.45% 4,324.87 4,152.97 4.14% 4,917.90 5,221.91 -5.82% 5,771.49 4,797.53 20.30%
EBITDA 524.00 431.64 21.40% 441.76 380.02 16.25% 519.91 576.20 -9.77% 760.72 636.81 19.46%
EBIDTM 9.40% 8.84% 9.27% 8.38% 9.56% 9.94% 11.65% 11.72%
Other Income 42.73 64.03 -33.27% 86.26 92.76 -7.01% 69.06 77.03 -10.35% 68.65 75.71 -9.33%
Interest 8.93 9.39 -4.90% 9.14 10.08 -9.33% 9.36 8.55 9.47% 15.22 17.71 -14.06%
Depreciation 107.91 104.09 3.67% 105.09 94.62 11.07% 105.05 92.01 14.17% 108.00 93.37 15.67%
PBT 404.86 382.19 5.93% 413.79 368.08 12.42% 474.56 552.67 -14.13% 706.15 601.44 17.41%
Tax 103.50 99.38 4.15% 96.31 95.49 0.86% 122.22 141.49 -13.62% 183.89 152.58 20.52%
PAT 301.36 282.81 6.56% 317.48 272.59 16.47% 352.34 411.18 -14.31% 522.26 448.86 16.35%
PATM 5.41% 5.79% 6.66% 6.01% 6.48% 7.09% 8.00% 8.26%
EPS 4.80 4.51 6.43% 5.06 4.35 16.32% 5.62 6.55 -14.20% 8.33 7.16 16.34%

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 5,587.89 4,888.98 14.30% 4,779.33 4,539.31 5.29% 5,455.35 5,806.21 -6.04% 6,543.56 5,442.02 20.24%
Expenses 5,071.78 4,462.48 13.65% 4,340.90 4,164.24 4.24% 4,939.68 5,233.97 -5.62% 5,786.51 4,807.42 20.37%
EBITDA 516.11 426.50 21.01% 438.43 375.07 16.89% 515.67 572.24 -9.89% 757.05 634.60 19.30%
EBIDTM 9.24% 8.72% 9.17% 8.26% 9.45% 9.86% 11.57% 11.66%
Other Income 42.70 64.33 -33.62% 86.26 92.89 -7.14% 69.18 77.33 -10.54% 68.72 75.75 -9.28%
Interest 8.93 9.39 -4.90% 9.14 10.08 -9.33% 9.36 8.55 9.47% 15.22 17.71 -14.06%
Depreciation 108.62 104.10 4.34% 105.78 94.62 11.79% 105.74 92.02 14.91% 109.66 93.37 17.45%
PBT 396.23 377.34 5.01% 409.77 363.26 12.80% 469.75 549.00 -14.44% 700.89 599.27 16.96%
Tax 107.57 99.38 8.24% 96.31 95.49 0.86% 122.22 141.49 -13.62% 183.89 152.57 20.53%
PAT 288.66 277.96 3.85% 313.46 267.77 17.06% 347.53 407.51 -14.72% 517.00 446.70 15.74%
PATM 5.17% 5.69% 6.56% 5.90% 6.37% 7.02% 7.90% 8.21%
EPS 4.79 4.44 7.88% 5.09 4.28 18.93% 5.54 6.51 -14.90% 8.26 7.13 15.85%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 22,310.09 21,745.81 18,549.90 16,868.38 13,888.53 10,427.92 9,429.20 10,067.71 8,138.57 6,135.26 5,378.32 Net Sales Growth 8.05% 17.23% 9.97% 21.46% 33.19% 10.59% -6.34% 23.70% 32.65% 14.07% Cost Of Goods Sold 14,885.23 14,151.45 12,146.00 11,296.88 9,076.53 6,243.39 5,641.50 6,089.96 4,785.96 3,488.54 3,030.54 Gross Profit 7,424.86 7,594.36 6,403.90 5,571.50 4,812.00 4,184.53 3,787.70 3,977.75 3,352.61 2,646.72 2,347.78 GP Margin 33.28% 34.92% 34.52% 33.03% 34.65% 40.13% 40.17% 39.51% 41.19% 43.14% 43.65% Total Expenditure 20,063.70 19,568.65 16,666.18 15,246.93 12,117.58 8,845.33 8,370.34 8,844.89 7,089.28 5,311.12 4,623.39 Power & Fuel Cost - 157.11 135.33 119.27 99.57 84.32 92.44 86.33 75.14 75.27 68.26 % Of Sales - 0.72% 0.73% 0.71% 0.72% 0.81% 0.98% 0.86% 0.92% 1.23% 1.27% Employee Cost - 1,851.82 1,541.06 1,274.98 1,014.65 885.33 899.58 837.26 649.73 500.40 370.79 % Of Sales - 8.52% 8.31% 7.56% 7.31% 8.49% 9.54% 8.32% 7.98% 8.16% 6.89% Manufacturing Exp. - 1,066.09 903.25 826.37 713.22 585.15 505.35 513.60 425.45 418.92 416.35 % Of Sales - 4.90% 4.87% 4.90% 5.14% 5.61% 5.36% 5.10% 5.23% 6.83% 7.74% General & Admin Exp. - 397.77 358.80 253.37 159.32 126.85 172.45 209.05 251.09 220.06 186.43 % Of Sales - 1.83% 1.93% 1.50% 1.15% 1.22% 1.83% 2.08% 3.09% 3.59% 3.47% Selling & Distn. Exp. - 1,802.59 1,498.89 1,397.57 987.60 845.33 978.37 1,049.75 673.45 464.74 417.96 % Of Sales - 8.29% 8.08% 8.29% 7.11% 8.11% 10.38% 10.43% 8.27% 7.57% 7.77% Miscellaneous Exp. - 141.82 82.85 78.49 66.69 74.96 80.65 58.94 228.46 143.19 417.96 % Of Sales - 0.65% 0.45% 0.47% 0.48% 0.72% 0.86% 0.59% 2.81% 2.33% 2.47% EBITDA 2,246.39 2,177.16 1,883.72 1,621.45 1,770.95 1,582.59 1,058.86 1,222.82 1,049.29 824.14 754.93 EBITDA Margin 10.07% 10.01% 10.15% 9.61% 12.75% 15.18% 11.23% 12.15% 12.89% 13.43% 14.04% Other Income 266.70 302.47 248.73 179.87 160.42 187.82 111.98 127.77 116.99 134.28 69.35 Interest 42.65 71.82 84.14 54.96 66.75 89.97 51.20 55.13 23.97 12.15 12.73 Depreciation 426.05 398.72 338.48 296.11 260.83 248.86 217.91 149.36 139.52 119.63 104.91 PBT 1,999.36 2,009.09 1,709.83 1,450.25 1,603.79 1,431.58 901.73 1,146.10 1,002.79 826.64 706.64 Tax 505.92 520.25 436.62 375.30 409.06 391.94 168.70 358.76 302.18 229.79 197.00 Tax Rate 25.30% 25.89% 25.54% 25.88% 25.51% 27.38% 18.71% 31.30% 29.78% 29.89% 21.67% PAT 1,493.44 1,488.84 1,273.21 1,074.95 1,194.73 1,039.64 733.03 787.34 712.52 539.04 712.03 PAT before Minority Interest 1,493.44 1,488.84 1,273.21 1,074.95 1,194.73 1,039.64 733.03 787.34 712.52 539.04 712.03 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 6.69% 6.85% 6.86% 6.37% 8.60% 9.97% 7.77% 7.82% 8.75% 8.79% 13.24% PAT Growth 5.51% 16.94% 18.44% -10.03% 14.92% 41.83% -6.90% 10.50% 32.18% -24.30% EPS 23.81 23.73 20.30 17.14 19.05 16.57 11.69 12.55 11.36 8.59 11.35

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 22,366.13 21,778.06 18,590.01 16,910.73 13,938.48 10,457.30 9,440.26 10,073.43 8,146.41 6,155.76 7,612.56 Net Sales Growth 8.17% 17.15% 9.93% 21.32% 33.29% 10.77% -6.29% 23.65% 32.34% -19.14% Cost Of Goods Sold 14,921.70 14,171.17 12,178.16 11,331.05 9,114.46 6,258.19 5,639.55 6,085.15 4,774.95 3,493.28 4,217.46 Gross Profit 7,444.43 7,606.89 6,411.85 5,579.68 4,824.02 4,199.11 3,800.71 3,988.28 3,371.46 2,662.48 3,395.10 GP Margin 33.28% 34.93% 34.49% 32.99% 34.61% 40.15% 40.26% 39.59% 41.39% 43.25% 44.60% Total Expenditure 20,138.87 19,618.43 16,708.89 15,290.15 12,164.55 8,868.11 8,380.23 8,850.43 7,086.61 5,337.59 6,854.56 Power & Fuel Cost - 157.11 135.33 119.27 99.57 84.32 92.44 86.33 75.38 75.52 80.87 % Of Sales - 0.72% 0.73% 0.71% 0.71% 0.81% 0.98% 0.86% 0.93% 1.23% 1.06% Employee Cost - 1,870.02 1,548.35 1,281.63 1,020.69 890.63 906.71 841.72 659.54 509.01 896.00 % Of Sales - 8.59% 8.33% 7.58% 7.32% 8.52% 9.60% 8.36% 8.10% 8.27% 11.77% Manufacturing Exp. - 1,066.09 903.25 826.37 713.22 585.15 505.42 513.60 430.16 425.15 477.38 % Of Sales - 4.90% 4.86% 4.89% 5.12% 5.60% 5.35% 5.10% 5.28% 6.91% 6.27% General & Admin Exp. - 403.30 361.50 255.29 162.02 128.92 175.54 212.64 225.90 222.96 373.76 % Of Sales - 1.85% 1.94% 1.51% 1.16% 1.23% 1.86% 2.11% 2.77% 3.62% 4.91% Selling & Distn. Exp. - 1,806.54 1,499.10 1,397.66 987.66 845.49 978.37 1,049.77 674.16 466.21 555.99 % Of Sales - 8.30% 8.06% 8.26% 7.09% 8.09% 10.36% 10.42% 8.28% 7.57% 7.30% Miscellaneous Exp. - 144.20 83.20 78.88 66.93 75.41 82.20 61.22 246.52 145.46 555.99 % Of Sales - 0.66% 0.45% 0.47% 0.48% 0.72% 0.87% 0.61% 3.03% 2.36% 3.32% EBITDA 2,227.26 2,159.63 1,881.12 1,620.58 1,773.93 1,589.19 1,060.03 1,223.00 1,059.80 818.17 758.00 EBITDA Margin 9.96% 9.92% 10.12% 9.58% 12.73% 15.20% 11.23% 12.14% 13.01% 13.29% 9.96% Other Income 266.86 303.27 248.96 177.71 160.44 187.36 113.41 128.65 117.90 150.12 86.64 Interest 42.65 72.01 84.21 55.06 66.92 90.09 51.36 55.26 53.74 13.34 54.37 Depreciation 429.80 400.40 338.50 296.17 260.89 248.91 217.97 149.38 140.49 120.51 134.40 PBT 1,976.64 1,990.49 1,707.37 1,447.06 1,606.56 1,437.55 904.11 1,147.01 983.47 834.44 655.87 Tax 509.99 520.25 436.61 375.33 410.09 393.24 168.76 359.40 303.83 228.76 219.27 Tax Rate 25.80% 26.14% 25.57% 25.94% 25.53% 27.35% 18.67% 31.33% 31.49% 31.44% 14.44% PAT 1,466.65 1,472.26 1,270.76 1,071.73 1,196.47 1,044.31 735.35 787.61 662.37 499.31 1,298.36 PAT before Minority Interest 1,469.12 1,470.24 1,270.76 1,071.73 1,196.47 1,044.31 735.35 787.61 660.97 498.88 1,298.70 Minority Interest 2.47 2.02 0.00 0.00 0.00 0.00 0.00 0.00 1.40 0.43 -0.34 PAT Margin 6.56% 6.76% 6.84% 6.34% 8.58% 9.99% 7.79% 7.82% 8.13% 8.11% 17.06% PAT Growth 4.77% 15.86% 18.57% -10.43% 14.57% 42.02% -6.64% 18.91% 32.66% -61.54% EPS 23.38 23.47 20.26 17.08 19.07 16.65 11.72 12.56 10.56 7.96 20.70

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 8,330.99 7,438.45 6,614.48 5,988.64 5,164.45 4,304.81 4,192.20 3,739.15 3,273.58 2,953.67 Share Capital 62.69 62.67 62.65 62.63 62.60 62.58 62.55 62.51 62.49 62.46 Total Reserves 8,251.29 7,369.22 6,549.53 5,925.48 5,101.21 4,241.59 4,129.38 3,676.64 3,211.09 2,891.21 Non-Current Liabilities 683.41 702.85 696.45 887.21 898.58 434.99 411.19 335.02 127.41 94.99 Secured Loans 0.00 0.00 0.00 272.57 393.65 0.00 40.50 81.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 54.74 87.72 136.72 76.25 58.43 35.57 32.68 23.88 9.08 5.85 Current Liabilities 5,203.68 4,632.59 4,166.65 3,976.17 3,034.05 2,308.06 2,522.27 2,467.24 1,559.00 1,040.32 Trade Payables 3,040.07 2,690.70 2,642.54 2,379.41 1,596.78 1,414.07 1,560.05 1,633.99 629.56 436.33 Other Current Liabilities 1,322.90 1,224.96 882.56 933.82 828.60 683.98 728.17 647.84 554.82 441.87 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 198.05 0.00 Short Term Provisions 840.71 716.93 641.55 662.94 608.67 210.01 234.05 185.41 176.57 162.12 Total Liabilities 14,218.08 12,773.89 11,477.58 10,852.02 9,097.08 7,047.86 7,125.66 6,541.41 4,959.99 4,088.98 Net Block 4,626.95 3,987.81 3,620.57 3,433.50 3,290.88 3,350.37 2,904.42 2,731.49 1,209.89 1,188.17 Gross Block 6,660.45 5,683.24 5,002.27 4,563.52 4,197.04 4,048.85 3,403.30 3,087.55 1,440.42 1,308.13 Accumulated Depreciation 2,033.50 1,695.43 1,381.70 1,130.02 906.16 698.48 498.88 356.06 230.53 119.96 Non Current Assets 4,976.69 4,553.89 4,091.42 3,917.93 3,533.65 3,595.24 3,306.33 2,908.80 1,768.93 1,711.85 Capital Work in Progress 118.19 298.70 166.41 57.21 89.91 86.13 232.66 24.05 11.91 20.49 Non Current Investment 74.03 41.18 20.45 274.31 1.63 1.63 1.66 95.49 444.99 462.71 Long Term Loans & Adv. 151.98 210.07 138.47 126.89 145.06 90.69 95.84 56.07 101.35 38.87 Other Non Current Assets 5.54 16.13 145.52 26.02 6.17 66.42 71.75 1.70 0.79 1.61 Current Assets 9,237.97 8,217.82 7,375.63 6,933.36 5,563.43 3,452.62 3,819.33 3,632.61 3,191.06 2,377.13 Current Investments 0.00 0.00 180.87 153.42 306.30 18.85 17.29 16.21 16.21 0.00 Inventories 4,007.37 3,408.52 3,708.47 2,968.08 2,619.89 1,871.88 1,918.97 1,621.65 928.43 784.36 Sundry Debtors 1,253.60 1,157.20 971.33 764.83 560.31 240.92 406.58 325.40 228.50 157.64 Cash & Bank 3,352.58 3,015.42 1,861.87 2,535.84 1,624.74 1,106.92 1,287.70 1,526.17 1,937.53 1,365.21 Other Current Assets 624.42 105.51 168.72 115.32 452.19 214.05 188.79 143.18 80.39 69.92 Short Term Loans & Adv. 526.93 531.17 484.37 395.87 365.32 88.26 88.01 85.70 56.55 50.64 Net Current Assets 4,034.29 3,585.23 3,208.98 2,957.19 2,529.38 1,144.56 1,297.06 1,165.37 1,632.06 1,336.81 Total Assets 14,214.66 12,771.71 11,467.05 10,851.29 9,097.08 7,047.86 7,125.66 6,541.41 4,959.99 4,088.98

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 8,323.79 7,446.76 6,625.45 6,002.89 5,176.30 4,311.56 4,197.58 3,729.16 3,276.82 3,027.67 Share Capital 62.69 62.67 62.65 62.63 62.60 62.58 62.55 62.51 62.49 62.46 Total Reserves 8,244.09 7,377.53 6,560.50 5,939.73 5,113.06 4,248.34 4,134.76 3,666.65 3,214.33 2,965.21 Non-Current Liabilities 693.68 702.85 696.45 887.21 898.58 434.99 411.19 340.59 131.41 107.57 Secured Loans 0.00 0.00 0.00 272.57 393.65 0.00 40.50 81.00 0.00 1.67 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 54.74 87.72 136.72 76.25 58.43 35.57 32.68 24.72 9.96 12.67 Current Liabilities 5,217.89 4,637.14 4,169.92 3,979.97 3,054.24 2,326.90 2,539.58 2,530.11 1,750.45 1,236.89 Trade Payables 3,046.98 2,691.90 2,643.19 2,380.02 1,597.14 1,413.82 1,559.80 1,640.01 633.45 500.53 Other Current Liabilities 1,330.20 1,228.31 885.18 937.03 848.43 703.07 745.73 696.90 731.88 468.69 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.38 208.33 83.92 Short Term Provisions 840.71 716.93 641.55 662.92 608.67 210.01 234.05 185.82 176.79 183.75 Total Liabilities 14,252.54 12,786.75 11,491.82 10,870.07 9,129.12 7,073.45 7,148.35 6,607.51 5,167.73 4,387.01 Net Block 4,651.91 3,987.89 3,620.65 3,433.61 3,291.01 3,350.52 2,904.58 2,764.95 1,345.91 1,224.25 Gross Block 6,687.54 5,683.77 5,002.76 4,563.98 4,197.46 4,049.24 3,403.64 3,123.56 1,578.07 1,360.03 Accumulated Depreciation 2,035.63 1,695.88 1,382.11 1,130.37 906.45 698.72 499.06 358.61 232.16 135.78 Non Current Assets 4,938.90 4,533.08 4,091.27 3,916.65 3,532.38 3,593.76 3,304.83 2,900.97 1,678.19 1,480.87 Capital Work in Progress 118.19 298.70 166.41 57.21 89.91 86.13 232.66 24.05 11.94 20.49 Non Current Investment 10.98 20.00 20.00 272.68 0.00 0.00 0.00 53.79 217.58 188.72 Long Term Loans & Adv. 152.28 210.36 138.69 127.13 145.29 90.69 95.84 56.48 101.97 45.80 Other Non Current Assets 5.54 16.13 145.52 26.02 6.17 66.42 71.75 1.70 0.79 1.61 Current Assets 9,310.22 8,251.49 7,390.02 6,952.69 5,596.74 3,479.69 3,843.52 3,706.54 3,489.54 2,906.14 Current Investments 0.00 0.00 180.87 153.42 306.30 18.85 17.29 16.98 255.11 271.71 Inventories 4,046.85 3,408.63 3,708.58 2,968.08 2,619.89 1,871.88 1,918.97 1,633.03 945.34 834.31 Sundry Debtors 1,258.33 1,164.95 973.94 766.26 563.73 241.66 406.58 327.75 230.68 235.73 Cash & Bank 3,378.11 3,038.17 1,870.17 2,547.98 1,652.79 1,132.53 1,311.37 1,561.57 1,974.47 1,468.00 Other Current Assets 626.93 106.42 169.85 116.68 454.03 214.77 189.31 167.21 83.94 96.39 Short Term Loans & Adv. 529.36 533.32 486.61 400.27 366.30 88.26 88.39 109.55 59.95 76.98 Net Current Assets 4,092.33 3,614.35 3,220.10 2,972.72 2,542.50 1,152.79 1,303.94 1,176.43 1,739.09 1,669.25 Total Assets 14,249.12 12,784.57 11,481.29 10,869.34 9,129.12 7,073.45 7,148.35 6,607.51 5,167.73 4,387.01

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 1,560.61 1,959.15 564.74 1,744.57 657.93 824.77 512.61 1,107.66 777.83 525.37 PBT 2,009.09 1,709.83 1,450.25 1,603.79 1,431.58 901.73 1,146.10 1,002.79 768.83 909.03 Adjustment 271.62 210.45 217.44 212.54 196.27 184.30 77.25 94.23 81.90 -142.95 Changes in Working Capital -214.62 430.81 -711.01 342.04 -698.48 -21.47 -463.87 255.60 132.26 -96.04 Cash after chg. in Working capital 2,066.09 2,351.09 956.68 2,158.37 929.37 1,064.56 759.48 1,352.62 982.99 670.04 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -505.48 -391.94 -391.94 -413.80 -271.44 -239.79 -246.87 -244.96 -205.16 -144.67 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -330.05 -1,634.57 39.08 -759.21 -762.89 -547.65 188.30 -1,001.70 -227.45 -78.18 Net Fixed Assets -796.70 -813.26 -547.95 -333.78 -151.97 -499.02 -524.36 -1,659.27 -123.71 20.80 Net Investments -32.85 160.14 226.41 -119.80 -287.45 -1.53 92.75 349.50 1.51 549.05 Others 499.50 -981.45 360.62 -305.63 -323.47 -47.10 619.91 308.07 -105.25 -648.03 Cash from Financing Activity -687.88 -533.55 -906.93 -547.34 189.77 -715.90 -317.95 -358.31 -72.40 -497.79 Net Cash Inflow / Outflow 542.68 -208.97 -303.11 438.02 84.81 -438.78 382.96 -252.35 477.98 -50.60 Opening Cash & Equivalents 243.35 456.86 763.70 326.57 242.09 680.87 301.34 554.96 76.77 126.60 Closing Cash & Equivalent 781.72 243.35 456.86 763.70 326.57 242.09 680.87 301.20 554.96 76.77

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 1,515.29 1,952.89 564.94 1,728.02 660.33 826.71 501.28 1,099.93 767.08 513.43 PBT 1,990.49 1,707.37 1,447.06 1,606.56 1,437.55 904.11 1,147.01 983.47 722.87 1,519.72 Adjustment 274.06 210.30 220.28 212.57 195.85 183.83 72.81 92.52 135.92 -747.64 Changes in Working Capital -243.78 427.15 -710.46 323.74 -700.33 -21.38 -471.05 268.99 113.48 -78.39 Cash after chg. in Working capital 2,020.77 2,344.82 956.88 2,142.87 933.07 1,066.56 748.77 1,344.98 972.27 693.69 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -505.48 -391.93 -391.94 -414.85 -272.74 -239.85 -247.49 -245.05 -205.19 -180.26 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -301.58 -1,613.86 35.04 -758.56 -762.85 -547.65 188.30 -944.12 -216.00 35.27 Net Fixed Assets -796.70 -813.26 -547.95 -333.78 -151.97 -499.02 -524.36 -1,659.27 -123.71 20.80 Net Investments -32.85 160.14 226.41 -119.80 -287.45 -1.53 92.75 349.50 1.51 549.05 Others 527.97 -960.74 356.58 -304.98 -323.43 -47.10 619.91 365.65 -93.80 -534.58 Cash from Financing Activity -668.86 -533.55 -906.93 -547.34 189.77 -715.90 -318.06 -409.05 -97.54 -621.28 Net Cash Inflow / Outflow 544.85 -194.52 -306.95 422.12 87.25 -436.84 371.52 -253.24 453.54 -72.58 Opening Cash & Equivalents 266.10 465.16 775.84 354.62 267.70 704.54 336.46 591.88 142.00 370.69 Closing Cash & Equivalent 807.25 266.10 465.16 775.84 354.62 267.70 704.54 336.46 591.88 142.00

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 132.62 118.59 105.54 95.61 82.49 68.78 67.02 59.82 52.39 47.29 ROA 11.03% 10.50% 9.63% 11.98% 12.88% 10.34% 11.52% 12.39% 11.91% 18.40% ROE 18.91% 18.13% 17.06% 21.43% 21.96% 17.26% 19.85% 20.32% 17.31% 26.72% ROCE 26.39% 25.53% 23.16% 27.75% 30.43% 22.08% 29.54% 28.38% 24.14% 33.78% Fixed Asset Turnover 3.54 3.49 3.55 3.19 2.55 2.55 3.12 3.65 4.79 4.38 Receivable days 20.13 20.82 18.66 17.30 13.92 12.44 13.18 12.24 10.70 9.17 Inventory Days 61.91 69.61 71.77 72.97 78.05 72.86 63.75 56.34 47.46 46.58 Payable days 73.91 80.13 81.13 79.95 88.01 66.36 64.95 58.13 37.60 32.75 Cash Conversion Cycle 8.14 10.30 9.30 10.33 3.96 18.94 11.98 10.45 20.56 23.00 Total Debt/Equity 0.00 0.00 0.00 0.07 0.10 0.01 0.02 0.03 0.06 0.02 Interest Cover 28.97 21.32 27.39 25.03 16.91 18.61 21.79 43.33 64.28 72.41

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 132.51 118.72 105.72 95.84 82.68 68.89 67.10 59.66 52.44 48.47 ROA 10.87% 10.47% 9.59% 11.97% 12.89% 10.34% 11.45% 11.23% 10.44% 28.35% ROE 18.67% 18.07% 16.98% 21.41% 22.02% 17.29% 19.87% 18.87% 15.83% 53.60% ROCE 26.16% 25.46% 23.07% 27.74% 30.49% 22.11% 29.55% 27.79% 22.30% 58.19% Fixed Asset Turnover 3.54 3.50 3.56 3.20 2.55 2.55 3.11 3.52 4.50 3.38 Receivable days 20.20 20.88 18.66 17.31 13.96 12.44 13.21 12.32 12.87 19.56 Inventory Days 62.15 69.47 71.59 72.71 77.83 72.77 63.92 56.91 49.11 50.11 Payable days 73.91 79.95 80.90 79.64 87.80 66.31 65.07 58.33 39.83 37.84 Cash Conversion Cycle 8.45 10.39 9.35 10.38 3.98 18.90 12.06 10.90 22.15 31.83 Total Debt/Equity 0.00 0.00 0.00 0.07 0.09 0.01 0.02 0.03 0.06 0.04 Interest Cover 28.64 21.28 27.28 25.01 16.96 18.60 21.76 18.95 55.55 28.92

Top Investors:

life insurance corporation of india

nalanda india equity fund limited

hdfc trustee company limited-hdfc flexi cap fund

government pension fund global

nps trust a/c uti pension fund limited-scheme state govt

investor education and protection fund (iepf)

llp

Annual Reports:

News Update:

Havells India reports 8% rise in Q3 consolidated net profit
20th Jan 2026, 11:00 AM

Total consolidated income of the company increased by 13.67% at Rs 5630.59 crore for Q3FY26
Read More
Havells India - Quarterly Results
20th Jan 2026, 00:00 AM

Read More
Havells India gets nod to acquire 26% in Kundan Solar
27th Nov 2025, 11:20 AM

The Executive Committee of the Board of Directors of the Company, in its meeting held on November 26, 2025, has approved the same
Read More
Havells India plans to expand washing machine production capacity at Ghiloth
29th Oct 2025, 09:22 AM

The company is planning to add a capacity of 1,50,000 units per annum
Read More

Havells India Ltd.

Consumer Durables - Domestic Appliances

BSE: 517354 | NSE: HAVELLS

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Havells India Ltd.

Consumer Durables - Domestic Appliances

BSE: 517354 | NSE: HAVELLS

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: