Live Havells India Share Price Chart

O 1864.95

H 1864.95

L 1864.95

VOL 11648

Havells India Performance

Days Range

Low: ₹1,835.30
High: ₹1,873.00
Previous Close ₹1,838.50
Open ₹1,864.95
Volume 16,40,634
Day’s Range ₹1,835.30 - ₹1,873.00
52W Range ₹1,232.85 - ₹1,985.40
Market Cap ₹1,15,247 Cr

Havells India Fundamentals

ROCE (TTM) 22.58
P/E Ratio (TTM) 90.68
P/B Ratio 15.48
Industry P/E 93.32
Debt to Equity 0.04
ROE 17.06
EPS (TTM) 20.16
Dividend Yield 0.49
Book Value 118.83
Face Value 1

Havells India Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Net Sales4,833.83,900.334,413.865,442.02
Expenses4,508.123,608.164,068.824,900.79
Profit before tax382.05335.32390.73599.27
Operating Profit287.07249.08287.91446.7
Net Profit287.07249.08287.91446.7
EPS in Rs4.583.974.597.13

About Havells India

Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) company and a major power distribution equipment manufacturer with a strong global presence. The company commenced trading operations in Delhi in 1958. It bought Havells brand in 1971. Havells India established the first manufacturing plant for rewirable switches and changeovers in 1976. It acquired Towers and Transformers Ltd in 1983 and made it a profitable Energy Meters company within 1 year.

Havells India Limited set up a new manufacturing plant for Changeover Switches in Sahibabad, UP, in 1990. After 3 years (1993), the company was listed on the NSE and BSE after an IPO. The company expanded its presence in India with the acquisition of a wires and cables plant in Alwar, Rajasthan, in 1996 from Surya Cable. As a result, the company forayed into the wires and cables sector.

In 2000, Havells acquired a controlling stake in industry major Standard Electricals Ltd. It expanded its presence in other sectors, such as fan, by establishing a manufacturing plant in Haridwar, Uttarakhand, in 2005. Standard Electricals Ltd was merged with Havells India Limited in 2011. The company rolled out its personal grooming business in 2017 and acquired the consumer durables business of Lloyd Electric and Engineers Ltd in the same year. As a result, it entered into other businesses such as air conditioning, LED TV and washing machines.

Business Segments

  • Switchgear: Under this segment, the company is involved in manufacturing domestic switch gears, capacitors, switches and industrial switch gears. The company derived ~12.6% of revenue from operations from the segment in FY 2023.
  • Cables: The company is engaged in making power cables and flexible cables under this segment. The segment generated 32.8% of revenue in FY 2023.
  • Lighting and Fixtures: Havells India Limited is engaged in the manufacturing of professional luminaires and consumer luminaires under this segment. The segment generated a revenue contribution of 9.5% in FY 2023.
  • Electrical Consumer Durables (ECD): Under this segment, the company manufactures fans, appliances and water heaters. The segment generated 19.5% of revenue in FY 2023.
  • Lloyd Consumer: The company is engaged in the production of air conditioners, televisions, washing machines and refrigerators through this segment. It derived ~4.9% of revenue in FY 2023.
  • Others: Under this segment, the company is engaged in the manufacturing of motors, solar pumps, water purifiers, and personal grooming products (PGPs). The company generated ~5.6% of revenue in FY 2023.

Subsidiary

As of March 31, 2023, Havells India has one direct overseas subsidiary – Havells Guangzhou International Limited. It is based in China and is engaged in the manufacturing of heating equipment and other consumer products.

Key Personnel

Shri Anil Rai Gupta, Chairman & Managing Director

Shri Anil Rai Gupta is the Chairman & Managing Director of Havells India Limited. He joined Havells in 1992 under the mentorship of his father, the Late Shri Qimat Rai Gupta. Under his leadership, the company expanded from industrial switchgear to consumer goods and, lately, to consumer durables with the acquisition of Lloyd. He is a graduate in economics from Sri Ram College of Commerce, Delhi University, and an MBA from Wake Forest University, North Carolina. 

Corporate Action

  • In 2010, the company announced a bonus issue in a ratio of 1:1 with a record date of October 08, 2010.

Management Outlook

  • In the switches category, the company believes that the growing acceptance of smart and connected technologies is pushing the transition towards smart homes. Hence, the company is focused on the expansion of its smart portfolio and adding new product lines. 
  • Havells is optimistic that the increased government spending and focus on infrastructure development, health institutes, educational institutes, expansion of the 5G network, development of manufacturing hubs, etc., would likely be a growth driver for the cable business.
Parent Organisation Indian Private
Founded 1983
Managing Director Anil Rai Gupta
NSE Symbol HAVELLS

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Dixon Technologies (India) Ltd ₹64,946.51

11377.65

521.95 (4.81%)

10864.85 - 11458.9View Peer Comparison
Voltas Ltd ₹49,018.92

1486.6

3.95 (0.27%)

1470.05 - 1496.2View Peer Comparison
Blue Star Ltd ₹34,706.75

1743.8

56.00 (3.32%)

1691 - 1751View Peer Comparison
Kaynes Technology India Ltd ₹23,781.68

3797.1

75.75 (2.04%)

3730.35 - 3810.9View Peer Comparison
Sheela Foam Ltd ₹10,107.77

937.3

6.15 (0.66%)

925.5 - 948.95View Peer Comparison

What's Trending

Havells India FAQs

What is the Share price of Havells India (HAVELLS)?

Havells India (HAVELLS) share price as of June 14, 2024, on NSE is Rs 1,857.65 (NSE) and Rs 1,855.50 (BSE) on BSE.

Can I buy Havells India (HAVELLS) shares?

Yes, You can buy Havells India (HAVELLS) shares by opening a Demat account with Angel One.

How do I buy Havells India (HAVELLS) from Angel One?

Havells India (HAVELLS) share can be brought through the following modes:
  1. Direct investment: You can buy Havells India (HAVELLS) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Havells India (HAVELLS) shares.

What is the total Asset of Havells India?

The total asset of Havells India is Rs. 10,523 crores.

What is the main business of Havells India?

The main business of Havells India, a Fast-Moving Electrical Goods (FMEG) company, is to manufacture industrial & domestic circuit protection devices, modular switches, home appliances, electric water heaters, power capacitors, cables & wires, motors, fans, and luminaires for industrial applications

Who are the promoters of Havells India?

The key promoters of Havells India are QRG Enterprises Limited, Shri Anil Rai Gupta as Managing Trustee of ARG Family Trust, QRG Investments and Holdings Limited, and Shri Surjit Kumar Gupta as Trustee of SKG Family Trust.

What are the Subsidiaries that comes under Havells India?

The two wholly owned subsidiaries that come under Havells India are Havells Holdings Limited and Havells Guangzhou International Limited.