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  7. Havells India Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow
HomeStocksConsumer ElectronicsHavells India Ltd

Havells India Ltd Stock Price Today (NSE: HAVELLS)

Havells India Ltd

📊 Nifty Next 50
HAVELLSConsumer Electronics
₹1190.60₹36.80 (2.90%)↓
As on 30 Mar 2026, 12:04 pm ISTMarket Closed

Fundamental Score

...

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

Havells India Ltd share price today is ₹1190.60, down 2.90% on NSE/BSE as of 30 March 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 ₹1673.80 and the 52-week low is ₹1217.20. 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
₹0.00
Low
₹0.00
Volume
0
Change
-2.90%

Returns & Performance

Good

ROE

18.81%
Excellent

ROCE

25.32%
Good

OPM (5Y)

11.07%

Div Yield

0.70%

Havells India Ltd Valuation Check

Poor

P/E Ratio

61.56x
Poor

Industry P/E

26.52x
Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Market Cap

90.06K (Cr)

Growth Engine

Good

Profit Growth (Q)

18.93%
Poor

Sales Growth (Q)

5.29%
Excellent

Sales Growth (5Y)

18.20%
Excellent

EPS Growth (5Y)

14.86%
Excellent

Profit Growth (5Y)

14.90%

Balance Sheet Health

Excellent

Debt to Equity

0.03x
Excellent

Int. Coverage

46.52x

Free Cash Flow (5Y)

3.91K (Cr)

Shareholding

Excellent

Promoter

59.38%
Good

FII

19.28%
Good

DII

15.35%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Havells Share Price: A Conservative Value Investor's Perspective

The consumer electronics industry, while boasting growth potential, presents a complex landscape for value investors. Rapid technological advancements and shifting consumer preferences often shorten product lifecycles and erode brand loyalty. Consequently, a careful, fundamentally sound approach is crucial. This analysis examines the Havells share price, currently at ₹1355.0, through the lens of a conservative value investor prioritizing capital preservation. This assessment is part of a broader 80-parameter fundamental audit verified by Sweta Mishra.

At first glance, Havells' PE ratio of 61.56 raises concerns. Compared to some peers like PROFXSM, management’s capital allocation track record warrants close scrutiny. While profitability metrics are important, a high PE suggests the market anticipates substantial future earnings growth which might already be baked into the Havells share price. A crucial element to consider is the sustainability of this growth, particularly in a sector characterized by intense competition and potential disruption.

However, Havells' Return on Capital Employed (ROCE) of 25.32% offers a more nuanced perspective. ROCE reflects the company's efficiency in generating profits from its capital investments. Consistently high ROCE, especially above the cost of capital, can be indicative of a durable competitive advantage, or "moat." In Havells' case, a ROCE of 25.32% *may* suggest that the company has carved out a defensible position within the electrical goods market, perhaps through brand strength, efficient operations, or a well-established distribution network. This high return allows the company to reinvest profits at attractive rates, potentially fueling future growth. However, maintaining this level of ROCE is essential for justifying the current Havells share price and confirming the presence of a truly sustainable moat.

Ultimately, a conservative value investor would require a thorough investigation of Havells' competitive landscape, management quality, and future growth prospects to determine whether the current valuation adequately reflects the risks and opportunities. A deeper dive into the balance sheet, cash flow statements, and management commentary would be necessary to arrive at a well-informed conclusion. Comparisons with sector peers such as Universus Photo Imagings Ltd and PULZ ELECTRONICS would further refine this analysis.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

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 Financial Statements

Comprehensive financial data for Havells India Ltd including income statement, balance sheet and cash flow

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
Website:https://www.havells.com

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

Corporate Events

Upcoming
Earnings Date
2026-01-15
Recent
Ex-Dividend Date
2025-05-23

Latest News

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India's Bajaj Electricals Q1 Results: Profit plunges 97% YoY on weak demand, one-time charge - The Economic Times
The Economic Times• 8/7/2025

HAVELLS Share Price: Frequently Asked Questions

What is the current share price of Havells India Ltd (HAVELLS)?

As of 30 Mar 2026, 12:04 pm IST, Havells India Ltd share price is ₹1190.60. The HAVELLS stock has a market capitalisation of ₹90.06K (Cr) on NSE/BSE.

Is HAVELLS share price Overvalued or Undervalued?

HAVELLS share price is currently trading at a P/E ratio of 61.56x, compared to the industry average of 26.52x. Based on this relative valuation, the Havells India Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of HAVELLS share price?

The 52-week high of HAVELLS share price is ₹1673.80 and the 52-week low is ₹1217.20. These values are updated daily from NSE/BSE price data.

What factors affect the Havells India Ltd share price?

Key factors influencing HAVELLS share price include quarterly earnings growth (Sales Growth: 5.29%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Havells India Ltd a good stock for long-term investment?

Havells India Ltd shows a 5-year Profit Growth of 14.90% and an ROE of 18.81%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.03 before investing in HAVELLS shares.

How does Havells India Ltd compare with its industry peers?

Havells India Ltd competes with major peers in the Consumer Electronics. Investors should compare HAVELLS share price P/E of 61.56x and ROE of 18.81% against the industry averages to determine competitive standing.

What is the P/E ratio of HAVELLS and what does it mean?

HAVELLS share price has a P/E ratio of 61.56x compared to the industry average of 26.52x. Investors pay ₹62 for every ₹1 of annual earnings.

How is HAVELLS performing according to Bull Run's analysis?

HAVELLS has a Bull Run fundamental score of 60/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does HAVELLS belong to?

HAVELLS operates in the Consumer Electronics industry. This classification helps understand the competitive landscape and sector-specific trends affecting Havells India Ltd share price.

What is Return on Equity (ROE) and why is it important for HAVELLS?

HAVELLS has an ROE of 18.81%, which indicates excellent management efficiency. ROE measures how efficiently Havells India Ltd generates profits from shareholders capital.

How is HAVELLS debt-to-equity ratio and what does it indicate?

HAVELLS has a debt-to-equity ratio of 0.03, which indicates conservative financing with low financial risk.

What is HAVELLS dividend yield and is it a good dividend stock?

HAVELLS offers a dividend yield of 0.70%, meaning you receive ₹0.70 annual dividend for every ₹100 invested in Havells India Ltd shares.

How has HAVELLS share price grown over the past 5 years?

HAVELLS has achieved 5-year growth rates of: Sales Growth 18.20%, Profit Growth 14.90%, and EPS Growth 14.86%.

What is the promoter holding in HAVELLS and why does it matter?

Promoters hold 59.38% of HAVELLS shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Havells India Ltd.

What is HAVELLS market capitalisation category?

HAVELLS has a market capitalisation of ₹90058 crores, placing it in the Large-cap category.

How volatile is HAVELLS stock?

HAVELLS has a beta of N/A. A beta > 1 suggests the Havells India Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is HAVELLS operating profit margin trend?

HAVELLS has a 5-year average Operating Profit Margin (OPM) of 11.07%, indicating the company's operational efficiency.

How is HAVELLS quarterly performance?

Recent quarterly performance shows Havells India Ltd YoY Sales Growth of 5.29% and YoY Profit Growth of 18.93%.

What is the institutional holding pattern in HAVELLS?

HAVELLS has FII holding of 19.28% and DII holding of 15.35%. Significant institutional holding often suggests professional confidence in the Havells India Ltd stock.

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Frequently Asked Questions about Havells India Ltd

What is the current share price of Havells India Ltd?

Havells India Ltd (HAVELLS) trades at ₹1190.60 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.