Analyst Rating
based on 36 analysts
45.71%
Buy
40.00%
Hold
14.29%
Sell
Based on 36 analysts offering long term price targets for Havells India Ltd. An average target of ₹1884.86
Source: S&P Global Market Intelligence
Havells India Ltd Share analysis
Havells India Ltd price forecast by 36 analysts
Downside of
High
₹2230
Target
₹1884.86
Low
₹1400
Havells India Ltd target price ₹1884.86, a slight downside of -5.18% compared to current price of ₹1998.6. According to 36 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Havells India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:33.38%
Forecast
Actual
Including amortisation and stock based compensations
Havells India Ltd EPS growth forecast
EPS estimate Q1, FY2026:60.36%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,967.6₹2,00252 Week's Low
52 Week's High
₹1,232.85₹2,023
| Returns % | |
| 1 Month Return | + 5.63 % |
| 3 Month Return | + 9.48 % |
| 1 Year Return | + 40.66 % |
| Market Stats | |
| Previous Close | ₹1,987.80 |
| Open | ₹1,987.80 |
| Volume | 7.58L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,24,618.97Cr |
Key Statistics
| P/E Ratio | 89.62 |
| PEG Ratio | 20.46 |
| Market Cap | ₹1,24,618.97 Cr |
| P/B Ratio | 12.76 |
| EPS | 20.28 |
| Dividend Yield | 0.59 |
| Sector | Consumer Durables |
| ROE | 18.12 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,24,618.97 Cr | 41.63% | 0.53 | ₹1,270 Cr | ₹18,590 Cr | |
| BUY | ₹28,889.50 Cr | 17.88% | 0.61 | ₹441 Cr | ₹7,312 Cr | |
| HOLD | ₹84,136.24 Cr | 530.48% | 0.58 | ₹374 Cr | ₹17,690 Cr | |
| HOLD | ₹62,517.36 Cr | 40.42% | 0.53 | ₹248 Cr | ₹12,481 Cr | |
| HOLD | ₹25,913.83 Cr | 4.39% | 0.57 | ₹224 Cr | ₹6,829 Cr |
Mutual Fund Holdings
Company Information
Havells has a strong presence in the consumer durables segment, offering products such as air coolers, air purifiers, fans, irons, mixer grinders, and more. Its popular brands include Havells, Crabtree, Standard, and Lloyd. Its industrial products include switchgear, cables & wires, and motors. The company also offers a range of lighting solutions, such as LED bulbs, tube lights, and street lights.
Share Price: ₹1998.60 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,24,618.97Cr as of today
Revenue: ₹5,806.21Cr as on June 2024 (Q2 24)
Net Profit: ₹407.51Cr as on June 2024 (Q2 24)
Listing date: 21 Mar, 2001
Chairperson Name: Anil Rai Gupta
| Organisation | Havells India Ltd |
| Headquarters | Noida |
| Industry | Consumer Durables |
| E-voting on shares | Click here to vote |
Key events for Havells India Ltd
Havells Stock Hits Lifetime High with Bullish Outlook - 17 Sep, 2024
Havells India Ltd is trading at a lifetime high, showing strong bullish momentum. Analysts suggest a target price of ₹2,120, indicating positive market sentiment.
Havells India Hits Record High After Breakout - 16 Sep, 2024
Havells India Ltd has broken out of a 4-month consolidation range, reaching a record high of Rs 2023 on September 13, 2024. Experts suggest short-term traders consider buying the stock, targeting Rs 2,050 within the next 2-3 weeks.
Havells India Stock Shows Strong Uptrend - 12 Sep, 2024
Havells India Ltd has demonstrated consistent performance in consumer electronics, recently breaking out of consolidation and nearing record highs. Analysts recommend initiating fresh long positions as the stock signals a likely resumption of its uptrend.
Havells Trading Insights and Profit Booking Advice - 11 Sep, 2024
Havells India Ltd is currently trading at Rs 1957.6. Brokerages recommend booking profits at Rs 1,951, with a stop loss set at Rs 1,895.
Havells India Reports Strong Earnings Growth - 05 Sep, 2024
Havells India reported a consolidated total income of Rs 5883.54 crore for Q2 2024, a 6.63% increase from the previous quarter and 20.11% year-over-year. The net profit after tax was Rs 407.51 crore. Prabhudas Lilladher recommends accumulating the stock with a target price of Rs 1976.
Havells India Begins Cable Production Expansion - 04 Sep, 2024
Havells India commenced commercial production at its new facility in Karnataka, planning to expand cable manufacturing capacity significantly. Despite this, shares experienced fluctuations throughout the day.
Havells India Reports Strong Earnings and Buy Recommendation - 28 Aug, 2024
Havells India reported a consolidated total income of Rs 5883.54 crore for Q2 2024, a 6.63% increase from the previous quarter. The net profit after tax was Rs 407.51 crore. BNP Paribas recommends buying the stock with a target price of Rs 1945. Current market price is Rs 1890.8.
Havells India Shares Rise Amid Strong Quarterly Performance - 26 Aug, 2024
Havells India shares increased by 0.73% to Rs 1900.9. The company reported a 6.63% rise in consolidated sales and a net profit of Rs 407.9 crore for the quarter ended June 30, 2024. The stock has gained 42.4% over the past year, outperforming the index.
Havells India Shares Rise with Strong Quarterly Performance - 19 Aug, 2024
Havells India shares increased by 0.39% to Rs 1883.65. The company reported a 6.63% rise in quarterly sales and a net profit of Rs 407.9 crore. The stock has gained 46.62% over the past year.
Insights on Havells India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 24.83% to 25.33% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, HAVELLS stock has moved up by 41.3%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 3.95K Cr → 5.88K Cr (in ₹), with an average increase of 12.3% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 3.57% to 3.81% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, KEI Industries Ltd has given 419.4% return, outperforming this stock by 378.2%
- NO EFFECT
Against Peers
In the last 1 year, Voltas Ltd has given 116.7% return, outperforming this stock by 76.1%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 5.85% to 5.67% in Jun 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 59.43% to 59.41% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 446.7 Cr → 407.9 Cr (in ₹), with an average decrease of 8.7% per quarter
News
Global Disconnector Market 2024 Analysis by Top Key Players |Driescher, ABB, Havells India, Leviton, Delixi Electric
New York, United States, Market Business Insights, Inc. , July 30, 2024 (The NRI News) -- The most r30 Jul, 2024 03:10 PMHavells India shares rise 1.16 per cent in Wednesday's trading session
The Relative Strength Index of the stock stood at 49.63 on Wednesday.31 Jul, 2024 11:47 AMGlobal Time Switch Market 2024 Analysis by Top Key Players |Hager, Finder SPA, Havells India Ltd, Enerlites, Eaton
New York, United States, Market Business Insights, Inc. , July 31, 2024 (The NRI News) -- The most r31 Jul, 2024 05:32 PMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 59.41% | ||
| Foreign Institutions | 25.33% | 2.01 | |
| Mutual Funds | 3.81% | 6.79 | |
| Retail Investors | 5.67% | ||
| Others | 5.78% |
Key Indicators
Havells India Ltd Valuation
Havells India Ltd in the last 5 years
Lowest (-356.62x)
January 23, 2018
Industry (-191.81x)
September 18, 2024
Today (89.62x)
September 18, 2024
Highest (416.33x)
August 31, 2018
Earnings and Dividends
Havells India Ltd Earnings Results
Havells India Ltd’s net profit jumped 42.09% since last year same period to ₹407.90Cr in the Q1 2024-2025. On a quarterly growth basis, Havells India Ltd has generated -8.69% fall in its net profits since last 3-months.
Read More about Earnings ResultsHavells India Ltd Dividends April,2024
In the quarter ending March 2024, Havells India Ltd has declared dividend of ₹6 - translating a dividend yield of 0.68%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Havells India Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Havells India Ltd (HAVELLS) share price today is ₹1998.6
Havells India Ltd is listed on NSE
Havells India Ltd is listed on BSE
- Today’s highest price of Havells India Ltd is ₹2002.
- Today’s lowest price of Havells India Ltd is ₹1967.6.
PE Ratio of Havells India Ltd is 89.62
PE ratio = Havells India Ltd Market price per share / Havells India Ltd Earnings per share
Today’s traded volume of Havells India Ltd(HAVELLS) is 7.58L.
Today’s market capitalisation of Havells India Ltd(HAVELLS) is ₹124618.97Cr.
| Havells India Ltd(HAVELLS | Price |
|---|---|
52 Week High | ₹2023 |
52 Week Low | ₹1232.85 |
Havells India Ltd(HAVELLS) share price is ₹1998.6. It is down -1.21% from its 52 Week High price of ₹2023
Havells India Ltd(HAVELLS) share price is ₹1998.6. It is up 62.11% from its 52 Week Low price of ₹1232.85
| Havells India Ltd(HAVELLS | Returns |
|---|---|
1 Day Returns | 10.8% |
1 Month Returns | 5.63% |
3 Month Returns | 9.48% |
1 Year Returns | 40.66% |