Havells India

₹1683.4 11.3 | 0.7%

WEBSITE BSE:517354 NSE : HAVELLSINDIA 10 May, 16:01

Market Cap ₹105496 Cr.

Stock P/E 83.0

P/B 14.2

Current Price ₹1683.4

Book Value ₹ 118.8

Face Value 1

52W High ₹1706.7

Dividend Yield 0.53%

52W Low ₹ 1233.1

Edit Ratio

Havells India Research see more...

Overview Inc. Year: 1983Industry: Electric Equipment

Havells India Ltd is an electrical consumer goods company. The Company is engaged in production and dispensing equipment for domestic, business, and industrial programs. The Company operates thru segments inclusive of Cable, Switchgears, Electric Consumer Durables, Lighting & Fixtures, and Lloyd Consumer. Its merchandise range from commercial and domestic circuit protection switch gears, cables, pumps, solar products, enthusiasts, led lamps and luminaires for domestic, commercial, and business applications, modular switches, water heaters, coolers, and home equipment, air cleaner, water cleanser, air conditioner, tv, washing gadget and refrigerator masking the whole variety of household, industrial and business electrical requirements. The Company's manufacturing centers are at faridabad in haryana, alwar, ghiloth and neemrana in Rajasthan, Haridwar in Uttarakhand, Sahibabad in Uttar Pradesh, Baddi in Himachal Pradesh.

Havells India Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Havells India Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	3664	4426	4244	3679	4128	4859	4834	3900	4414	5442
Other Income	49	44	48	44	40	47	65	52	56	76
Total Income	3713	4470	4292	3723	4167	4906	4899	3953	4470	5518
Total Expenditure	3224	3906	3883	3393	3704	4332	4432	3527	3981	4807
Operating Profit	489	564	409	331	463	574	467	426	489	710
Interest	12	19	10	7	7	10	8	9	10	18
Depreciation	66	71	72	72	75	77	76	81	88	93
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	411	474	327	252	381	487	382	335	391	599
Provision for Tax	105	122	84	65	98	129	95	86	103	153
Profit After Tax	306	352	243	187	284	358	287	249	288	447
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	306	352	243	187	284	358	287	249	288	447
Adjusted Earnings Per Share	4.9	5.6	3.9	3	4.5	5.7	4.6	4	4.6	7.1

Havells India Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	7248	8186	8569	7613	6156	8146	10073	9440	10457	13938	16911	18590
Other Income	28	41	50	87	138	118	129	113	187	160	178	249
Total Income	7276	8227	8620	7699	6294	8264	10202	9554	10645	14099	17088	18840
Total Expenditure	6554	7415	7816	6818	5309	7074	8850	8380	8868	12165	15290	16747
Operating Profit	722	812	803	881	985	1190	1352	1174	1777	1934	1798	2092
Interest	143	102	96	91	42	54	55	51	90	67	55	45
Depreciation	110	116	139	134	121	140	149	218	249	261	296	338
Exceptional Income / Expenses	194	0	0	862	-107	-19	0	0	0	0	0	0
Profit Before Tax	664	594	569	1520	711	977	1147	904	1438	1607	1447	1707
Provision for Tax	82	148	184	219	229	304	359	169	393	410	375	437
Profit After Tax	581	446	385	1300	482	673	788	736	1044	1196	1072	1271
Adjustments	0	0	0	-0	12	-11	-0	-0	0	0	0	0
Profit After Adjustments	581	446	385	1300	495	662	788	735	1044	1196	1072	1271
Adjusted Earnings Per Share	9.3	7.2	6.2	20.8	7.9	10.6	12.6	11.8	16.7	19.1	17.1	20.3

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	21%	21%	16%	9%
Operating Profit CAGR	-7%	15%	9%	10%
PAT CAGR	-10%	13%	10%	6%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	34%	19%	18%	24%
ROE Average	17%	20%	20%	26%
ROCE Average	23%	27%	27%	30%

Havells India Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	1442	1666	1818	3028	3277	3729	4198	4312	5176	6003	6625
Minority's Interest	0	0	0	15	9	8	0	0	0	0	0
Borrowings	742	706	226	2	0	81	41	0	394	273	0
Other Non-Current Liabilities	394	476	412	106	131	260	371	435	505	615	696
Total Current Liabilities	1879	2485	2317	1237	1575	2530	2540	2327	3054	3980	4170
Total Liabilities	4458	5332	4774	4387	5168	6608	7148	7073	9129	10870	11492
Fixed Assets	1500	1600	1541	1224	1244	2765	2904	3350	3290	3434	3621
Other Non-Current Assets	86	125	272	257	332	136	400	243	241	483	471
Total Current Assets	2872	3607	2961	2634	3234	3690	3826	3461	5597	6953	7390
Total Assets	4458	5332	4774	4387	5168	6608	7148	7073	9129	10870	11492

Havells India Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	230	472	655	371	142	592	336	705	268	355	776
Cash Flow from Operating Activities	638	868	963	513	767	1100	501	827	660	1728	565
Cash Flow from Investing Activities	-143	-376	-486	35	-216	-944	188	-548	-763	-759	35
Cash Flow from Financing Activities	-252	-310	-754	-621	-98	-409	-318	-716	190	-547	-907
Net Cash Inflow / Outflow	242	182	-278	-73	454	-253	372	-437	87	422	-307
Closing Cash & Cash Equivalent	472	655	379	142	592	336	705	268	355	776	465

Havells India Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	9.32	7.15	6.17	20.82	7.91	10.6	12.59	11.75	16.68	19.1	17.11
CEPS(Rs)	11.08	9.01	8.39	22.97	9.64	13.02	14.99	15.24	20.66	23.27	21.83
DPS(Rs)	1.5	3	3	6	3.5	4	4.5	4	6.5	7.5	7.5
Book NAV/Share(Rs)	23.11	26.7	29.12	48.47	52.44	59.66	67.1	68.89	82.68	95.84	105.72
Core EBITDA Margin(%)	8.68	8.57	7.99	9.92	12.8	12.87	12.06	11.15	15.09	12.65	9.52
EBIT Margin(%)	10.09	7.74	7.05	20.1	11.38	12.38	11.86	10.05	14.5	11.93	8.83
Pre Tax Margin(%)	8.3	6.6	6.04	18.96	10.75	11.73	11.31	9.51	13.65	11.45	8.5
PAT Margin (%)	7.27	4.96	4.09	16.23	7.29	8.09	7.77	7.74	9.92	8.53	6.3
Cash Profit Margin (%)	8.64	6.24	5.56	17.9	9.11	9.77	9.24	10.03	12.28	10.39	8.04
ROA(%)	13.47	9.12	7.63	28.39	10.09	11.44	11.46	10.34	12.89	11.97	9.59
ROE(%)	48.5	28.72	22.12	53.67	15.3	19.23	19.88	17.29	22.02	21.41	16.98
ROCE(%)	36.62	27.09	26.8	59.62	22.65	28.13	29.56	22.11	30.49	27.74	23.07
Receivable days	39.99	37.78	31.43	19.56	12.87	12.23	13.21	12.44	13.96	17.31	18.66
Inventory Days	61.28	57.03	55.36	50.11	49.11	56.49	63.92	72.77	77.83	72.71	71.59
Payable days	89.35	77.33	71.53	57.74	59.24	75.83	78.83	74.5	76.44	79.64	80.9
PER(x)	13.9	26	49.44	15.48	59.16	46.03	61.23	40.84	62.93	60.4	69.47
Price/Book(x)	5.6	6.97	10.48	6.65	8.93	8.18	11.49	6.97	12.7	12.04	11.24
Dividend Yield(%)	1.16	1.61	0.98	1.86	0.75	0.82	0.58	0.83	0.62	0.65	0.63
EV/Net Sales(x)	1.19	1.44	2.18	2.47	4.47	3.57	4.67	3.07	6.17	5.03	4.29
EV/Core EBITDA(x)	11.9	14.5	23.27	21.33	27.91	24.4	34.77	24.65	36.34	36.25	40.36
Net Sales Growth(%)	11.19	12.94	4.69	-11.17	-19.14	32.34	23.65	-6.29	10.77	33.29	21.32
EBIT Growth(%)	29.56	-13.67	-4.56	142.28	-53.26	36.95	16.64	-20.53	59.84	9.55	-10.24
PAT Growth(%)	57.18	-23.24	-13.65	237.41	-62.92	39.68	17	-6.64	41.97	14.57	-10.43
EPS Growth(%)	56.96	-23.24	-13.72	237.22	-61.98	33.89	18.83	-6.68	41.97	14.52	-10.45
Debt/Equity(x)	0.68	0.63	0.23	0.04	0.06	0.03	0.02	0.01	0.09	0.07	0
Current Ratio(x)	1.53	1.45	1.28	2.13	2.05	1.46	1.51	1.49	1.83	1.75	1.77
Quick Ratio(x)	0.83	0.85	0.69	1.46	1.45	0.81	0.75	0.68	0.97	1	0.88
Interest Cover(x)	5.64	6.8	6.94	17.7	17.96	19.19	21.76	18.61	16.96	25.01	27.28
Total Debt/Mcap(x)	0.12	0.09	0.02	0.01	0.01	0	0	0	0.01	0.01	0

Havells India Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	59.47	59.47	59.45	59.45	59.45	59.45	59.43	59.43	59.43	59.43
FII	26.51	24.44	23.1	23.3	22.6	23.11	23.78	24.19	23.96	24.83
DII	6.36	8.25	9.06	9.81	10.51	10.37	9.79	9.48	10.11	9.88
Public	7.66	7.84	8.39	7.44	7.44	7.07	6.99	6.9	6.5	5.85
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	37.25	37.25	37.25	37.25	37.25	37.25	37.25	37.25	37.25	37.25
FII	16.6	15.31	14.47	14.6	14.16	14.48	14.9	15.16	15.01	15.56
DII	3.99	5.17	5.68	6.15	6.58	6.5	6.14	5.94	6.34	6.19
Public	4.8	4.91	5.26	4.66	4.66	4.43	4.38	4.32	4.07	3.67
Others	0	0	0	0	0	0	0	0	0	0
Total	62.63	62.63	62.65	62.65	62.65	62.65	62.67	62.67	62.67	62.67

Pros

Company has reduced debt.
Company is almost debt free.

Cons

Debtor days have increased from 79.64 to 80.9days.
Stock is trading at 14.2 times its book value.
The company has delivered a poor profit growth of 9% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Havells India News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

Current Price: 3950/-

Otis Elevator

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Havells India

Add Watchlist

Havells India Research see more...

Overview Inc. Year: 1983Industry: Electric Equipment

Havells India Share Price

Alert Data

Quarterly Price

Peer Comparison

Havells India Quarterly Results

Havells India Profit & Loss

Growth Rates

Havells India Balance Sheet

Havells India Cash Flow

Havells India Ratios

Havells India Shareholding Pattern

Havells India News

Top Unlisted Companies & InstaBuy Companies

Otis Elevator

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!