Havells India (HAVELLS.NS) Stock Price

Havells India Price

NSE·CLOSED
1,159.50
​
Market closed

Revenue has compounded at 17.6% per year over the past 19 years to 217.78 B INR. Earnings per share have grown at 16.9% per year over the last 19 years. Havells India's net margin stands at 6.8%, down from 10.0% several years earlier. Havells India currently offers a dividend yield of about 0.86%. The payout ratio is around 43% of earnings. The dividend has grown at 25.9% per year over the past 19 years. Analysts set a median price target of 1,680.45 INR, implying 44.9% above the current price. Of 45 analysts, 30 rate the stock a buy — an overall Buy consensus.

Havells India stock price

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Havells India business model & stock analysis

Havells India Ltd is an Indian company that was founded in 1958 and is headquartered in Delhi. The company operates in various sectors including electrical engineering, lighting, and household appliances. It started as a small electrical trading company and has grown over the years to become one of India's leading electrical conglomerates. Havells India Ltd is a publicly traded company and offers a wide range of products and services to customers in various industries. Its business model is based on the manufacturing and distribution of high-quality and innovative electrical products. The company has a differentiated marketing strategy for its various product lines and has a strong presence in rural and urban areas of India. Havells India Ltd operates in different business areas including electrical engineering, lighting, household appliances, and air conditioning. It has diversified and expanded its offerings through a series of acquisitions and acquisitions in recent years. The company is also a leading provider of solar products such as solar modules and solar heating devices. Havells India Ltd is known for its high-quality and durable products and has a strong presence in India as well as exporting to other countries. It has a network of more than 12,000 authorized dealers and distribution channels across the country. In summary, Havells India Ltd is a significant player in the Indian electrical market and offers a wide range of products and services. The company's continuous expansion and diversification have led to a strong balance sheet and a wider customer base.

Frequently asked questions about Havells India

Havells India Ltd operates on a diversified business model. As a leading electrical equipment company in India, Havells manufactures and sells a wide range of products including switchgear, cables, lighting, fans, and home appliances. The company focuses on innovation, quality, and customer satisfaction, which has enabled it to establish a strong presence in both domestic and international markets. Havells India Ltd also operates through various subsidiaries, allowing it to diversify its product offerings and reach a larger customer base. With a commitment to sustainability and continuous improvement, Havells India Ltd strives to provide reliable and efficient electrical solutions to its customers.

Havells India Ltd is primarily active in the electrical equipment industry. With a focus on manufacturing and selling a wide range of electrical products, Havells operates in segments including domestic & industrial circuit protection devices, cables & wires, motors, fans, lighting, and more. The company provides innovative and energy-efficient solutions, catering to both residential and commercial markets. Havells India Ltd has established itself as a leading player in the electrical industry, known for its high-quality products and reliable performance.

The main competitors of Havells India Ltd in the market are companies like Siemens, Schneider Electric, and ABB.

Havells India Ltd. is a leading electrical equipment company in India. Established in 1958, the company has a rich history of over six decades. Havells India Ltd. started as a small industrial switchgear company and has since evolved into a diversified electrical products organization. It boasts a strong presence in various sectors including consumer durables, cables and wires, lighting, and electrical appliances. With a focus on innovation, quality, and customer satisfaction, Havells India Ltd. has become a household name in India. The company's commitment to technological advancements and manufacturing excellence has garnered it a strong reputation in the market. Today, Havells India Ltd. is globally recognized for its wide range of high-quality electrical products and services.

Havells India Ltd., a renowned company in the electrical equipment industry, has achieved significant milestones throughout its journey. Over the years, the company has successfully expanded its product range and geographical presence, solidifying its position in the market. Havells India Ltd. has consistently focused on innovation and quality, leading to the development of cutting-edge electrical solutions that cater to diverse customer needs. The company's commitment to sustainable practices and corporate governance has also been recognized. Havells India Ltd. has received numerous accolades, including prestigious awards for its excellence in manufacturing, marketing, and customer satisfaction. With a strong track record of achievements, Havells India Ltd. continues to be a leading force in the industry.

Havells India Ltd is primarily present in various countries and regions across the globe. The company has a strong global footprint and operates in several key markets. Havells India Ltd has a significant presence in India, its home country, and has established a strong market position here. Additionally, the company has expanded its operations internationally, with a focus on regions like Europe, Africa, Latin America, and the Asia Pacific. Havells India Ltd's presence in multiple countries and regions exemplifies its strategy to cater to a diverse customer base and tap into different market opportunities for sustained growth and success.

Havells India Ltd represents strong values and a robust corporate philosophy. The company is committed to delivering high-quality products and services to its customers. Havells India Ltd focuses on innovation, sustainability, and customer-centricity, ensuring that the needs of its consumers are met effectively. The company strives to maintain ethical practices, transparency, and integrity in all its operations. With its unwavering dedication to innovation and customer satisfaction, Havells India Ltd has become a leading player in the electrical equipment industry.

Analysts currently set an average price target of 1,677.34 INR for the Havells India stock (median: 1,680.45 INR), implying +44.7 % versus the latest price. The consensus is based on 45 analyst ratings.

45 analysts currently rate the Havells India stock: 30 recommend buying, 12 holding and 3 selling. For 2026, analysts expect Havells India to generate revenue of 231.38 B INR and earnings per share of 24.59 INR.

Converted at the current exchange rate, the Havells India share trades at 11.13 EUR (1,159.50 INR).

The Havells India share (HAVELLS.NS) is listed on 2 stock exchanges, including: NSE (Indien) (HAVELLS.NS).

Havells India Ltd is a leading electronics manufacturer that offers a wide range of products. From household appliances to industrial solutions, the company operates in various sectors.

The expected revenue of Havells India is 231.38 B INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Havells India is 15.44 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Havells India is currently 47.16. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Havells India stock.

The price-to-sales ratio (P/S) of Havells India is currently 3.15. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Havells India stock.

The Eulerpool Quality Score for Havells India is 8/10.

The ISIN of Havells India is INE176B01034. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Havells India is HAVELLS.NS. The ticker symbol is used to trade Havells India shares on the stock exchange.

Fair ValueTerminal
1,124.72 INR
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Electrical Equipment
Number of shares
Employees
Revenue per Employee
36.48 M INR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website havells.com
Country
Currency
INR
Initial public offering
Oct 15, 1993
ISIN
INE176B01034
Cusip
Y3116C119
Sedol
BQGZWP9
Market capitalization
727.07 B INRMega Cap
52-Week Range
PEG
2.71
P/E ratio
P/Ee 2026
47.10
P/Ee 2027
44.33
P/Ee 2028
36.20
P/Ee 2029
31.57
P/Ee 2030
25.15
P/S
P/Se
3.15
EV/EBIT
40.72
P/B Ratio
8.73
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
17.19 %
Dividend
Dividend yield
0.86 %
Est. Dividend Yield
0.86 %
Payout Ratio
42.65 %
Dividend growth Ø5Y
20.11 %
Dividend payments per year
2
Dividend paid since
20 years
Dividend not reduced since
3 years
Dividend increased since
3 years
Dividend withholding tax
20.00 %
Last updated Nov 12, 2026, 3:34 AM

Havells India Peer Group

Havells India Ticker

BSE · HAVELLS.BONSE INDIA · HAVELLS.NS

Havells India FIGI

HAVL:IN · BBG000D44YN2HAVL:IB · BBG000D44ZV0HAVL:IS · BBG000D450W5HAVL:IG · BBG003NVYN65HAVLINR:XB · BBG00JRCYP72HAVLINR:XF · BBG00JRCYPC6HAVLINR:XE · BBG00JRCYPF3HAVLINR:XJ · BBG00JRCYPG2HAVLINR:XG · BBG00JRCYPJ9HAVLINR:XN · BBG00JRCYPL6HAVLINR:XP · BBG00JRCYPM5HAVLINR:XS · BBG00JRCYPP2