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Havells India

₹00123456789,001234567890012345678900123456789.0012345678900123456789-0.8%
52w low (est.) ₹969.61₹1,441.83 52w high (est.)
Peers
Market data
Market cap
₹745.43B
52-week range
₹1,123.60 – ₹1,621.10
Beta (vs market)
0.23
Sector
Industrials
Valuation
P/E ratio
44.0x
DCF fair value
₹1,038.73
Margin of safety
-11.3%
Forward P/E
35.4x
PEG ratio
0.20
Dividend yield
1.01%
Quality & efficiency
Moat score
56/100
Return on equity
19.0%
Profit margin
7.5%
Debt / equity
0.03
Growth & analysts
Revenue growth (YoY)
+2.5%
Analyst target
₹1,450.19
Target upside
+23.9%
Analysts covering
36

About Havells India

Havells India Limited, a fast-moving electrical and electronic durables company, manufactures, trades in, and sells various consumer electrical and electronic products in India and internationally. The company operates through six segments: Switchgears, Cables, Lighting and Fixtures, Electrical Consumer Durables, Lloyd Consumer, and Others. It offers switches; switchgears, such as circuit breakers, energy savers, human safety equipment, distribution boards, surge protection devices, and control and monitoring devices, as well as magnetic contractor, thermal overload relays, switchgear, circuit breakers, and starters; lighting products; and home appliances, including air conditioners, LED televisions, washing machines, refrigerators, air coolers and purifiers, appliances, personal grooming products, water heaters and purifiers, and geysers. The company also provides flexible, power, control, and fire survival cables; fans comprising ceiling, table, pedestal, wall, ceiling mounting, personal, and domestic exhaust fans; centrifugal, mono block, submersible, borewell and sewage submersible, pressure, and shallow well jet pumps; dishwashers; air circulators; and heavy-duty exhaust fans. In addition, it offers crane duty, smoke, brake, inverter duty, and energy motors; solar rooftop on grid, solar off grid, and solar on grid inverter solutions; power solutions, including power capacitors, IOT enabled IPFC relays, HD harmonic detuned reactors, IOT enabled APFC panels, and high PIV thyristor switches; and smart home automation solutions that connects lights, curtains, air conditioners, and other devices to control them through smart phone, tablet or wall panel, as well as smart modular switches and accessories. The company offers its products under the Havells, Lloyd, Havells Crabtree, REO, and Havells Studio brands. Havells India Limited was founded in 1958 and is based in Noida, India.

Valuation

ValueGrowthProfitHealthIncome42QUALITY
Overall Rating
45
Hold
Hold
Moat Score56
DCF Intrinsic Value
₹1,038.73-11.3% downside

Moat, DCF and rating computed by our valuation engine (ported from the original Python model).

Fundamentals

Market Cap
₹745.43B
P/E Ratio
44.0
Dividend Yield
1.01%
Revenue Growth
+2.5%
Profit Margin
7.5%
ROE
19.0%
Debt / Equity
0.03
Beta
0.23
vs Industrials sector:P/E 44 vs 28 Moat 56 vs 1Yield 1.01% vs 0.0%

Statistics

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