Partner With Us NRI

Havells India Ltd share Price

Company details

6M Return 17.21%
1Y Return 5.32%
Mkt Cap.(Cr) 87,333.29
Volume 678,164
Div Yield 0.54%
OI Chg %
Volume 678,164

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500
Cables & Lloyd segment drive revenue…
About The Stock

    Havells India (HIL) is India’s leading electrical appliances & equipment manufacturer with a diversified product portfolio consisting of switchgears, cables, electrical consumer durables and lighting & fixtures. Apart from ‘Havells’, HIL’s other major brands include Crabtree, Standard, Reo and Lloyd.

    • In all its business segments, Havells has a strong presence in the organised product category with market share ranging between 6% and 20%
    • Robust balance sheet with RoE & RoCE of 20% & 25%, respectively (five-year average), with stringent working capital policy

    Strong revenue growth but EBITDA margins under pressure due to delayed price hikes.

    • Revenue up 15% YoY to ₹ 3652 crore supported by strong growth in the wire & cable segment (was up 33% YoY)
    • EBITDA margin declined 400 bps YoY to 12%, mainly due to a sharp increase in raw material cost and delayed price hike
    • PAT fell ~12% YoY to ~₹ 306 crore tracking lower EBITDA margin

Click here for full recommendation

Research view on more stocks

Other Electrical Equipment/Products company Havells India announced Q1FY24 results:

  • Net Revenue: Rs 4,824 crore vs Rs 4,230 crore, up 14% YoY
  • EBITDA: Rs 402 crore vs Rs 361 crore, up 11% YoY
  • Profit Before Tax: Rs 382 crore vs Rs 327 crore, up 17% YoY
  • Net Profit: Rs 287 crore vs Rs 242 crore, up 19% YoY
  • Sluggish consumer demand, though seems to pickup lately
  • Infrastructure/ construction upcycle continues
  • Cooling products impacted by unseasonal rains
  • Overall margins maintained



Result PDF

View Other Company Results


Investment recommendation
Cables & Lloyd segment drive revenue…
Call Date
21 Jan 2023
Entry Price 1,154.00
Target Price 1,420.00
12-18 Month


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Havells India Ltd Stocks COMPARISION


Equity Capital: 6,625.45 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 15,612.36 -19,132.24
LAST 3M 53,075.98 -4,241.70
LAST 6M 58,662.39 138,824.89
LAST 12M 133,944.68 162,473.45

Havells India Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Havells India Ltd. is an Indian fast-moving electrical goods company and a major power distribution equipment manufacturer. It was incorporated in 1958 with its headquarters in Noida. For the quarter ended June 2022, the company reported a total income of Rs 4,292.05 crore, down 3.99% from Rs 4,470.37 crore in the previous quarter ended March 2022. The company’s market capitalisation on 19 August 2022 stood at Rs 84,578 crore.  

    Havells India Ltd. is listed on the Bombay Stock Exchange with the code 517354 and on the National Stock Exchange with the code HAVELLS.  

    The company owns some leading brands, such as Havells, Lloyd, Standard, and Crabtree. Its wide product range includes cables and wires, fans, motors, home appliances, industrial and domestic circuit protection devices, electric water heaters, air conditioners, power capacitors, and luminaires for commercial, domestic, and industrial applications.  

    During FY 2021-2022, the company recorded a total revenue of Rs 14,098.92 crore, up 32.45% from the total revenue of Rs 10,644.66 crore in FY 2020-2021. The company’s annual revenue growth of 32.45% outperformed its three-year CAGR of 11.27%. The total profit after tax was Rs 1,196.47 crore, up 14.57% from the previous financial year, 2020-2021.  

    On 30 June 2022, the company’s shareholding pattern indicated a 59.45% promoter stake, a 23.1% foreign institutional investor stake, a 9.06% domestic institutional investor stake, and an 8.35% public stake. QRG Enterprises Ltd. is the leading promoter with a 30.3% share.   

    The company’s top management includes Mr Anil Rai Gupta, Mr Surjit Kumar Gupta, Mr Ameet Kumar Gupta, Mr Puneet Bhatia, Mr Jalaj Ashwin Dani, Mr Upendra Kumar Sinha, Mr Ashish Bharat Ram, Ms Namrata Kaul, Mr Vivek Mehra, Mr Rajesh Kumar Gupta, and Mr T V Mohandas Pai. The auditors are Price Waterhouse & Co Chartered Accountants LLP and S R Batliboi & Co. LLP.  

    On 19 August 2022, Havells India Ltd.’s share price closed at Rs 1,346.90 on BSE and at Rs 1,350 on NSE. The 52-week high for Havells India Ltd.’s share price was Rs 1,504.45, and the 52-week low for the company’s share price was Rs 1,037.40.  

    The company’s peers in the electrical equipment sector include Siemens Ltd., ABB India Ltd., CG Power and Industrial Solutions Ltd., and Hitachi Energy India Ltd. 

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose

Registered Address

904 9th Floor Surya Kiran Bldg, Kasturba G Marg Connaught Plac, New Delhi, Delhi, 110001

Tel : 91-120-4771000
Email : investors:havells.com
Website : http://www.havells.com


AGM Date (Month) : Jun
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 517354
Book Closure Date (Month) : Jun
BSE Group : A
ISIN : INE176B01034

FAQ’s on Havells India Ltd Shares

You can buy Havells India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Havells India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Oct 04, 2023 03:59 PM the closing price of Havells India Ltd was ₹ 1,393.60.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Oct 04, 2023 03:59 PM, the market cap of Havells India Ltd stood at ₹ 87,333.29.

The latest PE ratio of Havells India Ltd as of Oct 04, 2023 03:59 PM is 78.26

The latest PB ratio of Havells India Ltd as of Oct 04, 2023 03:59 PM is 0.08

The 52-week high of Havells India Ltd is ₹ 1,465.85 while the 52-week low is ₹ 1,024.50

According to analyst recommendations, Havells India Ltd has a “Buy” rating for the long term.

Download Our App

market app
market app