Havells India Ltd Stock Price Today (NSE: HAVELLS)

Havells India Ltd

1196.80+16.60 (+1.41%)
Market Closed

Fundamental Score

...

Havells India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Havells India Ltd share price today is 1196.80, up +1.41% on NSE/BSE as of 17 June 2026. Havells India Ltd (HAVELLS) is a Large-cap company in the Consumer Electronics sector with a market capitalisation of 90.06K (Cr). The 52-week high for HAVELLS share price is 1621.10 and the 52-week low is 1123.60. At a P/E ratio of 61.56x, HAVELLS is currently trading above its industry average P/E of 26.52x. The company has a Return on Equity (ROE) of 18.81% and a debt-to-equity ratio of 0.03.

Havells India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
1290.30
Low
1176.30
Volume
9.1L
Change
-4.95%

Havells India Ltd share price chart: -4.95% return over the past month. 52-week high ₹1621.10, 52-week low ₹1123.60.

Havells India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1133.001177.701123.601174.6012.83L (Cr)
1185.301186.201138.101143.209.36L (Cr)
1214.401215.901166.001176.8043.34L (Cr)
1211.001211.001211.001211.000.00 (Cr)
1203.001219.401201.601211.0012.47L (Cr)
1205.401205.801193.901201.004.75L (Cr)
1209.901214.801200.801203.803.76L (Cr)
1217.401217.401198.001200.905.81L (Cr)
1203.901210.861194.351203.708.54L (Cr)
1194.051206.981184.601201.816.48L (Cr)

Havells India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1185.301186.201123.601174.60-0.90%
1241.101276.701166.001176.80-5.18%
1218.001410.701142.501240.60+1.86%
1360.001404.601184.101190.60-12.46%
1275.001442.301250.101397.10+9.58%
1430.601514.701257.901285.00-10.18%
1449.001452.101380.001424.90-1.66%
1493.901499.901412.001441.90-3.48%
1502.001520.001439.701493.90-0.54%
1526.101621.101495.001502.00-1.58%
1500.601582.001451.401525.60+1.67%
1552.001593.501491.301500.60-3.31%

AI Research Briefing

Powered by Gemini · 2026-04-09

Havells is riding the Indian consumer wave, but its premium valuation leaves little margin for error.

Research Confidence
6.0/10Moderate
COMPOUNDERConsolidation (1M: -3.92%, 3M: -9.32%, 6M: -4.31%)Expensive (P/E 61.56x vs Industry P/E 26.52x)

WHAT'S HAPPENING NOW (last 2-4 weeks)

Havells is set to announce Q4 FY26 results on April 22nd, with analysts projecting revenue between -6,200 Cr and PAT of -480 Cr. The board will also consider a final dividend. Havells received a customs order demanding Cr related to classification issues of imported goods.

CORE STORY (THE REAL GAME)

Premiumization play in India's growing consumer electronics market. Havells is not just selling fans and lights; it's selling an aspirational lifestyle upgrade to a rapidly urbanizing and increasingly affluent consumer base.

Why Now
  • Consumer electronics market growth in India
  • Shift towards premium and smart appliances
  • Government support for domestic manufacturing
Potential Catalysts
  • Strong Q4 FY26 results
  • Normalization of channel inventories
  • Successful integration of Goldi Solar investment
Key Risks
  • Expensive valuation (P/E 61.56x vs Industry P/E 26.52x)
  • Customs order of ₹2.02 crore
  • FII selling (Δ -2.31%)
Institutional Activity

FIIs decreasing holdings, DIIs increasing, suggesting a mixed view.

Macro Context

India's consumer electronics market is booming, driven by rising incomes and urbanization.

Cash Flow Quality

Yes, Free Cash Flow 5Y: ₹3913.59 Cr

3–6 Month Outlook

Havells' future hinges on sustaining high growth and margin expansion. Watch for Q4 results and management commentary on inventory normalization.

Primary Thesis Risk

Valuation leaves no room for error; any growth slowdown will trigger a correction.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Good

Return on Equity (ROE)

18.81%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

25.32%

Returns generated on total capital deployed

Good

Oper. Profit Margin (5Y Avg)

11.07%

Average operating profit margin over 5 years

Dividend Yield

0.70%

Annual dividend as % of current share price

Havells India Ltd Valuation Check

Poor

Price to Earnings (P/E)

61.56x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

26.52x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

59.38%

% shares held by company founders/management

Good

FII Holding

19.28%

% shares held by foreign institutional investors

Good

DII Holding

15.35%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Good

Profit Growth (Quarterly YoY)

18.93%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

5.29%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

18.20%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

14.86%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

14.90%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.03x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

46.52x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

3.91K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Havells India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of HAVELLS across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Return on Equity (18.81%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (25.32%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Consistent Growth Track Record (18.20% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Conservative Debt Levels (D/E: 0.03)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (46.52x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹3913.59 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (59.38%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 34.63%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

Premium Valuation Risk (P/E: 61.56x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Havells India Ltd vs Consumer Electronics Peers

Peer Comparison - Consumer Electronics

Compare Havells India Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
60/100
1197
₹90058.28
61.6
Average
18.81%
Good
25.32%
Excellent
0.0
Excellent
14.90%
Good
18.20%
Excellent
0.70%
66/100
11756
₹88334.92
68.3
Average
32.85%
Excellent
39.95%
Excellent
0.3
Excellent
44.97%
Excellent
54.60%
Excellent
0.05%
24/100
466
₹16884.12
66.3
Average
14.89%
Average
19.36%
Good
0.2
Excellent
0.04%
38.1/100
152
₹1468.57
83.0
Average
5.55%
Poor
8.22%
Poor
0.1
Excellent
8.37%
Good
17.16%
Excellent
0.00%
0/100
39
₹901.12
-1.81%
Poor
5.35%
Poor
0.3
Excellent
12.47%
Good
4.32%
Average
0.00%
CWD Ltd...
CWD543378
55.4/100
284
₹830.65
97.5
Average
5.78%
Poor
9.51%
Poor
0.6
Good
37.54%
Excellent
61.23%
Excellent
0.00%
42.7/100
40
₹683.00
19.1
Average
25.13%
Excellent
24.21%
Excellent
0.8
Good
0.00%
BPL Ltd...
BPL500074
21.7/100
56
₹298.48
5.9
Average
-36.59%
Poor
4.91%
Poor
0.1
Excellent
0.00%
25.5/100
432
₹280.22
8.69%
Poor
9.55%
Poor
0.0
Excellent
12.13%
Good
-16.99%
Poor
0.00%
43/100
145
₹258.03
24.5
Average
26.43%
Excellent
23.69%
Excellent
1.0
Good
0.00%
58.3/100
109
₹211.75
10.1
Average
8.62%
Poor
11.12%
Average
0.1
Excellent
18.96%
Excellent
14.87%
Good
0.90%

Havells India Ltd PE Ratio History

Historical price-to-earnings ratio for HAVELLS — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202523.48₹1424.9060.7x
FY 202420.28₹1675.1082.6x
FY 202317.11₹1367.9580x
FY 202219.10₹1099.9557.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Havells India Ltd Dividend History

Annual cash dividends paid by HAVELLS — dividend yield 0.70%

Financial YearDividends Paid (₹ Cr)
FY 2025626.81 Cr
FY 2024470.10 Cr
FY 2023470.30 Cr
FY 2022407.29 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Havells India Ltd Quarterly Performance

Latest quarterly metrics for HAVELLS — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

5.29%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

18.93%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

18.20%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

14.90%

Compounded annual net profit growth over 5 years

Havells India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for HAVELLS — calculated from daily price history

31RSI 14
Neutral — RSI 31

Momentum is balanced — neither overbought nor oversold.

SMA 50
1251
▼ Price below SMA 50 — Short-term bearish
SMA 200
1404
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
1224K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Havells India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Havells India Ltd (HAVELLS) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Havells India Ltd

About HAVELLS (Havells India Ltd)

Havells India Ltd is a prominent name in the Indian consumer electronics landscape, renowned for its expansive portfolio of electrical and home appliances. The company has carved a... niche for itself by seamlessly blending cutting-edge technology with aesthetic designs, catering to the evolving needs of modern households. Havells doesn't just provide products; it offers integrated solutions that enhance the functionality and ambiance of living spaces, from basic wiring to sophisticated lighting systems. Their commitment to quality and innovation has made them a trusted brand among consumers, solidifying their position as a key player in the competitive electronics market. With a keen eye on emerging trends and a dedication to customer satisfaction, Havells continues to push the boundaries of what's possible in the realm of consumer electronics. Havells' diverse product range spans across various segments, reflecting the company's strategic diversification and ability to meet a wide spectrum of consumer demands. From robust industrial switchgears to sleek and energy-efficient lighting solutions, their offerings cater to both residential and commercial clients. They further extend their reach into the consumer durables sector with a line of high-performance appliances designed for comfort and convenience. Havells' commitment to innovation is evident in their integration of smart technologies into their products, allowing for greater control, efficiency, and personalization. This dedication to providing comprehensive solutions has enabled Havells to become a one-stop-shop for electrical and home needs, solidifying its presence in the homes of countless consumers. The company's success can be attributed to its strong focus on research and development, enabling them to introduce innovative products that resonate with the market. Havells not only focuses on advanced technology but also emphasizes on sustainability and energy efficiency, aligning with the growing environmental consciousness of consumers. Their commitment to quality extends beyond product design to encompass rigorous testing and adherence to international standards. With a robust distribution network and a focus on building strong relationships with retailers and channel partners, Havells ensures its products are accessible to customers across India. By consistently prioritizing quality, innovation, and customer satisfaction, Havells continues to be a driving force in the Indian consumer electronics industry.

Company Details

Symbol:HAVELLS
Industry:Consumer Electronics
Sector:Consumer Electronics

Key Leadership

Mr. Anil Rai Gupta
Executive Chairman, MD & CEO
Mr. Rajesh Kumar Gupta
Group CFO & Executive Whole-Time Director
Mr. Siddhartha Pandit
Head of Legal & Whole-Time Director

HAVELLS Share Price: Frequently Asked Questions

What is the current share price of Havells India Ltd?

Havells India Ltd (HAVELLS) trades at ₹1196.80 on NSE and BSE. Market cap ₹90.06K (Cr). Educational data only.

What is the P/E ratio of Havells India Ltd?

Havells India Ltd has a P/E of 61.56x vs industry average 26.52x.

What is the Bull Run score for Havells India Ltd?

Havells India Ltd has a Bull Run score of 60/100 based on 25+ financial parameters.

Does Havells India Ltd pay dividends?

Havells India Ltd has a dividend yield of 0.70%. Past dividends don't guarantee future payments.

What is the ROE of Havells India Ltd?

Havells India Ltd has ROE of 18.81%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Havells India Ltd?

Havells India Ltd has debt-to-equity of 0.03.

Is Havells India Ltd a good investment?

Bull Run gives Havells India Ltd a score of 60/100. This is not investment advice — consult a SEBI-registered advisor.