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Havells India Ltd (HAVELLS)

₹1891.70.88%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 36 analysts

BUY

51.43%

Buy

40.00%

Hold

8.57%

Sell

Based on 36 analysts offering long term price targets for Havells India Ltd. An average target of ₹1758.42

Source: S&P Global Market Intelligence

Havells India Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,881.5
    ₹1,939.1
  • 52 Week's Low

    52 Week's High

    ₹1,232.85
    ₹1,985.4
1 Month Return+ 4.39 %
3 Month Return+ 27.09 %
1 Year Return+ 46.97 %
Previous Close₹1,908.45
Open₹1,913.00
Volume4.83L
Upper Circuit-
Lower Circuit-
Market Cap₹1,19,644.37Cr

Key Statistics

P/E Ratio94.15
PEG Ratio29.7
Market Cap₹1,19,644.37 Cr
P/B Ratio12.76
EPS11.75

Mutual Fund Holdings

Funds HoldingsPrev. 6M
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct1.44%
HDFC Top 100 Fund -Direct Plan - Growth OptionHDFC Top 100 Fund -Direct Plan - Growth Option0.94%
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth0.47%
UTI Large cap Fund Growth Option - DirectUTI Large cap Fund Growth Option - Direct1.06%
SBI Arbitrage Opportunities Fund Direct GrowthSBI Arbitrage Opportunities Fund Direct Growth0.41%

Company Information

Havells India Ltd. is one of the leading electrical equipment companies in India, incorporated in 1958. It has become a household name in India, offering a wide range of products ranging from consumer durables, industrial & domestic circuit protection switchgear, cables & wires, motors, fans, LED lighting, home appliances, water heaters, power capacitors, electric water heaters, and air conditioners.

Havells has a strong presence in the consumer durables segment, offering products such as air coolers, air purifiers, fans, irons, mixer grinders, and more. Its popular brands include Havells, Crabtree, Standard, and Lloyd. Its industrial products include switchgear, cables & wires, and motors. The company also offers a range of lighting solutions, such as LED bulbs, tube lights, and street lights.

Share Price: ₹1891.70 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,19,644.37Cr as of today
Revenue: ₹5,442.02Cr as on March 2024 (Q1 24)
Net Profit: ₹446.70Cr as on March 2024 (Q1 24)
Listing date: 21 Mar, 2001
Chairperson Name: Anil Rai Gupta
OrganisationHavells India Ltd
HeadquartersNoida
IndustryConsumer Durables
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Goldmedal Switches Share Price

Key events for Havells India Ltd

  • Havells India to Expand Cable Capacity with Investment Outlay of Rs 380 Crore - 11 Jul, 2024

    UBS has a Buy call on Havells with a target price of Rs 2,040 per share. The company's capacity expansion for cables could generate an incremental topline of Rs 1,500 crore, given strong demand tailwinds in cables.

  • Havells India Expands Manufacturing Capacities and Product Portfolio - 10 Jul, 2024

    Havells India is expanding its cable manufacturing capacity at its Alwar location and air conditioner manufacturing capacities at Ghiloth and Sricity locations. The company has also partnered with UAE-based Jumbo Group to enter the kitchen appliances market in the Emirate.

  • Havells India Ltd Stock Trades 0.59% Up - 04 Jul, 2024

    Shares of Havells India Ltd traded 0.59% up at Rs 1889.55 on Thursday, with a price-to-earnings ratio of 93.5 and EPS value of 20.28. The company reported consolidated sales of Rs 5517.77 crore for the quarter ended March 31, 2024, up 23.45% from the previous quarter. Promoters held 59.43% stake in the company as of March 31, 2024.

  • Havells India Stock Trades Slightly Up Amid Bullish One-Year Return - 02 Jul, 2024

    Havells India's stock trades slightly up at Rs 1825.15, with JM Financial having a buy call and a target price of Rs 1930. The company reported consolidated sales of Rs 5517.77 crore for the latest quarter, with a bullish one-year return of 35.56%.

  • Havells India Ltd Shows Low-Risk Buying Opportunity - 28 Jun, 2024

    Technical analysis suggests a low-risk buying opportunity for Havells India Ltd, with potential upside targets of 1,950 and above. The stock has successfully tested its anchor VWAP support level of 1,850 on daily charts.

  • Havells India hikes AC prices by 3% - 25 Jun, 2024

    Havells India has increased the price of its air conditioners by 3% across all geographies. Despite a higher base, healthy volume growth is expected for Q1FY24 with revenue projected to rise 120% YoY.

  • Havells India Reports Strong Q4FY24 Sales - 24 Jun, 2024

    Havells India reports robust Q4FY24 sales driven by strong summer demand for fans and room air conditioners, as well as volume growth in cables and wires. Jefferies maintains a hold rating with a target of Rs 1800.

  • Havells India CEO Compensation Not a Major Concern for Shareholders - 22 Jun, 2024

    CEO Anil Gupta's compensation is unlikely to be the main focus for Havells India shareholders at the upcoming AGM on June 28th, given the company's recent performance. However, some shareholders may still express caution about excessive pay.

  • Havells India Stock Trades Up Amid Concerns Over High P/S Ratio - 20 Jun, 2024

    Havells India's high P/S ratio of 6.1x raises concerns about its lacklustre revenue performance compared to other companies in the Electrical industry. However, the stock traded up on June 20th, with the company reporting strong Q4 FY2023 sales.

  • Havells India Receives Buy Rating from Goldman Sachs - 19 Jun, 2024

    Goldman Sachs has maintained a buy rating on Havells India and raised the target price to Rs 1900. Meanwhile, Havells-owned Lloyd is investing an additional Rs 50-60 crore to expand its AC manufacturing capacity.

  • Havells' Consumer Durable Brand Expands AC Manufacturing Capacities - 18 Jun, 2024

    Havells India's consumer durables brand, Lloyd, is set to invest Rs 50-60 crore to expand its existing air conditioner manufacturing capacities at Ghiloth and Sricity locations. The expansion will increase the manufacturing capacity to 15 lakh units per annum from the current 9 lakh and 11.2 lakh units respectively.

  • Lloyd to Invest Rs 50-60 Crore in AC Manufacturing Expansion - 15 Jun, 2024

    Consumer durables brand Lloyd, owned by Havells India, will invest Rs 50-60 crore to expand its air conditioner manufacturing capacities at Ghiloth and Sricity locations. The expansion aims to increase the production capacity from 9 lakh and 11.2 lakh units to 15 lakh units per annum to meet growing demand. The project is expected to be completed by Q4 FY2025 and will be funded through internal accruals.

  • Havells India to Expand AC Manufacturing Capacities - 14 Jun, 2024

    Havells India is set to invest ₹50-60 crore to expand the existing manufacturing capacities of air conditioners sold under brand Lloyd. The expansion will increase the capacity of the manufacturing facility at Ghiloth to 15 lakh units per annum from the current 9 lakh units per annum and the plant located in Sricity to 15 lakh units per annum from the existing 11.2 lakh units per annum.

  • Havells to Expand AC Manufacturing Capacities - 13 Jun, 2024

    Havells India plans to increase its air conditioner manufacturing capacity at the Ghiloth and Sricity locations to 15 lakh units per year each, with an investment of Rs 50-60 crore. The expansion will be funded through internal accruals and is expected to be completed by Q4FY25.

  • Havells India Defends Director Remunerations - 12 Jun, 2024

    Havells India has defended proposed remunerations for two directors after opposition from Institutional Investor Advisory Services. The company asserts that the compensations are justified and within legal limits.

Insights on Havells India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 24.83% to 25.33% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 3.95K Cr → 5.51K Cr (in ₹), with an average increase of 15.3% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, HAVELLS stock has moved up by 1.2%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 249.08 Cr → 446.7 Cr (in ₹), with an average increase of 24.5% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.57% to 3.81% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Voltas Ltd has given 99.0% return, outperforming this stock by 52.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, KEI Industries Ltd has given 546.2% return, outperforming this stock by 462.7%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 59.43% to 59.41% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 5.85% to 5.67% in Jun 2024 quarter

News

Info Edge shares drop 2.42% as Sensex falls

The stock quoted a 52-week high of Rs 7063.25 and a 52-week low of Rs 3973.15.

11 Jul, 2024 12:33 PM

Info Edge share price down 2.42 per cent

A total of 1,342 shares changed hands on the counter till 12:33PM (IST).

11 Jul, 2024 12:33 PM

Info Edge shares gain 4.11% as Sensex rises

A total of 2,917 shares changed hands on the counter till 10:04AM (IST)

12 Jul, 2024 10:05 AM
View More

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹5,442.02Cr
↑23.29%
Net Income
₹446.70Cr
↑55.15%
Net Profit Margin
8.21%
↑25.92%
2024Y/Y Change
Revenue
₹18,590.01Cr
↑9.93%
Net Income
₹1,270.76Cr
↑18.57%
Net Profit Margin
6.84%
↑7.89%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹12,538.58Cr
↑11.64%
Total Liabilities
₹5,100.13Cr
↑10.47%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹1,959.15Cr
↑246.91%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
59.41%
-0.04
Foreign Institutions
25.33%
2.01
Mutual Funds
3.81%
6.79
Retail Investors
5.67%
-3.13
Others
5.78%
-8.46

Key Indicators

Havells India Ltd Valuation

Havells India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-356.62x)

January 23, 2018

Industry (-346.48x)

July 12, 2024

Today (94.15x)

July 12, 2024

Highest (416.33x)

August 31, 2018

LowHigh

Earnings and Dividends

  • Havells India Ltd Earnings Results

    Havells India Ltd’s net profit jumped 24.76% since last year same period to ₹446.70Cr in the Q4 2023-2024. On a quarterly growth basis, Havells India Ltd has generated 55.15% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Havells India Ltd Dividends April,2024

    In the quarter ending March 2024, Havells India Ltd has declared dividend of ₹6 - translating a dividend yield of 0.71%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Havells India Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Havells India Ltd (HAVELLS) share price today is ₹1891.7

Havells India Ltd is listed on NSE

Havells India Ltd is listed on BSE

  • Today’s highest price of Havells India Ltd is ₹1939.1.
  • Today’s lowest price of Havells India Ltd is ₹1881.5.

PE Ratio of Havells India Ltd is 94.15

PE ratio = Havells India Ltd Market price per share / Havells India Ltd Earnings per share

Today’s traded volume of Havells India Ltd(HAVELLS) is 4.83L.

Today’s market capitalisation of Havells India Ltd(HAVELLS) is ₹119644.37Cr.

Havells India Ltd(HAVELLSPrice
52 Week High
₹1985.4
52 Week Low
₹1232.85

Havells India Ltd(HAVELLS) share price is ₹1891.7. It is down -4.72% from its 52 Week High price of ₹1985.4

Havells India Ltd(HAVELLS) share price is ₹1891.7. It is up 53.44% from its 52 Week Low price of ₹1232.85

Havells India Ltd(HAVELLSReturns
1 Day Returns
-16.75%
1 Month Returns
4.39%
3 Month Returns
27.09%
1 Year Returns
46.97%