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NSE HAVELLS · BSE 517354 · Misc. Fabricated Products · NIFTY 500

Havells India Share Price

Market closed · updated 25 Sep, 4:37 PM IST
₹1,092.60 ▼ −₹2.63 · 0.24% NSE · as of 24 Sep 2026, 8:42 AM · BSE ₹1,093.90
Today's range
₹1,089.95Low₹1,102.75High
52-week range
₹1,081.10Low · 15 Sep 2026₹1,599.50High · 24 Sep 2025

Havells India Overview

Where the price stands, how it has moved and how it sits against its averages.

Havells India shares last traded at ₹1,092.60 on the NSE, down 0.24% on the day. That is 31.7% below the 52-week high of ₹1,599.50 and 1.1% above the 52-week low of ₹1,081.10. The stock trades at 44.52× earnings, above the sector average of 42.55. Its market value is ₹68,649 Cr.

Price returns

1 Day▼ −0.24%
5 Days▲ +0.61%
This month▼ −11.86%
3 Months▼ −7.56%
6 Months▼ −13.55%
This year▼ −23.05%
1 Year▼ −30.26%

Against the market: 1 Month ▼ −9.81% · 3 Months ▼ −4.89% · 6 Months ▼ −13.04% · This year ▼ −12.36% · 1 Year ▼ −23.48%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 0 of 6

  1. 300-day average₹1,281.72 ▼ price 14.8% below
  2. 50-day average₹1,216.19 ▼ price 10.2% below
  3. 100-day average₹1,204.59 ▼ price 9.3% below
  4. 20-day average₹1,167.74 ▼ price 6.4% below
  5. 10-day average₹1,108.07 ▼ price 1.4% below
  6. 5-day average₹1,101.26 ▼ price 0.8% below
  7. Today's price₹1,092.60

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Havells India Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
22,528
Net profit₹ crore · losses below zero
1,691

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹22,528 Cr ▲ +3.4% ₹1,691 Cr 7.5% ₹26.94 ₹10.00
FY 2025 ₹21,778 Cr ▲ +17.1% ₹1,472 Cr 6.8% ₹23.48 ₹10.00
FY 2024 ₹18,590 Cr ▲ +10.6% ₹1,271 Cr 6.8% ₹20.28 ₹9.00
FY 2023 ₹16,816 Cr ▲ +20.6% ₹1,072 Cr 6.4% ₹17.11 ₹7.50
FY 2022 ₹13,938 Cr ▲ +33.3% ₹1,196 Cr 8.6% ₹19.10 ₹7.50
FY 2021 ₹10,457 Cr ▲ +10.8% ₹1,044 Cr 10.0% ₹16.68 ₹6.50
FY 2020 ₹9,440 Cr — ₹735 Cr 7.8% ₹10.60 ₹4.00

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
36%
64%
  • Total assets₹14,746 Cr
  • Total liabilities₹5,291 Cr
  • Shareholders' equity₹9,455 Cr
  • Total debt₹265 Cr
  • Cash & investments₹2,361 Cr
  • Current ratio1.71×
  • Revenue growth, 5 yr16.59% a year
  • EPS growth, 5 yr10.06% a year
  • Operating margin (TTM)7.03%
  • Net margin (TTM)6.92%

Cash flow — FY26

Operating activities
▲ ₹1,572 Cr
Investing activities
▼ −₹893 Cr
Financing activities
▼ −₹693 Cr
Free cash flow
▲ ₹88 Cr
Net change in cash
▼ −₹17 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue9,440.2610,457.3013,938.4816,815.8518,590.0121,778.0622,527.77
Cost of revenue5,970.996,622.979,576.6311,878.4112,764.5614,832.4715,291.63
Gross profit3,469.273,834.334,361.854,937.445,825.456,945.597,236.14
Operating expenses8,622.859,131.8912,438.4615,607.5017,085.8920,006.4220,794.09
Operating income817.411,325.411,500.021,208.351,504.121,771.641,733.68
Depreciation217.97248.91260.89296.17338.50400.40431.92
Profit before tax904.371,437.551,606.561,447.061,707.371,990.492,209.57
Tax241.11393.24410.09375.33436.61520.25520.32
Net profit735.351,044.311,196.471,071.731,270.761,472.261,690.56
EPS (₹)10.6016.6819.1017.1120.2823.4826.94
Dividend per share (₹)4.006.507.507.509.0010.0010.00

What Analysts Say

37 analysts

Recommendations from 37 analysts who cover Havells India.

Buy average rating 2.14 on a 1–5 scale

▲ 26 bullish (70.3%) · 7 hold (18.9%) · ▼ 4 bearish (10.8%)

Votes

Strong Buy
10 (27%)
Buy
16 (43%)
Hold
7 (19%)
Sell
4 (11%)
Strong Sell
0 (0%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy8991010 ▲ +2
Buy1717171616 ▼ −1
Hold87777 ▼ −1
Sell44444 —
Strong Sell00000 —

Analyst ratings are opinions, not a guarantee of returns.

Havells India vs Peers

Side by side with other misc. fabricated products companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
Havells India ₹1,092.60 ▼ −0.24% ₹68,649 Cr 44.52 7.27 18.76% 6.92% 0.91% This stock
Bharat Forge ₹1,996.90 ▼ −0.16% ₹95,470 Cr 89.61 10.93 12.32% 6.54% 0.39% Neutral
Schaeffler India ₹4,022.95 ▼ −1.50% ₹63,081 Cr 56.22 10.72 19.83% 12.03% 0.84% Neutral
Sterlite Technologies ₹825.00 ▼ −4.86% ₹42,398 Cr 464.49 11.20 3.20% 1.18% — Bullish
R R Kabel ₹2,509.50 ▲ +1.34% ₹28,462 Cr 51.24 10.08 17.80% 5.06% 0.48% Bullish
Timken India ₹3,264.30 ▼ −0.56% ₹24,562 Cr 56.97 8.11 17.84% 11.78% 0.08% Neutral

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Havells India shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
59.4%
15.9%
16.9%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter59.38%59.38%59.38%59.35% ▼ −0.03 pts
FII19.28%17.96%16.93%15.91% ▼ −1.02 pts
MF6.42%6.77%6.87%7.86% ▲ +0.99 pts
Other14.92%15.89%16.82%16.88% ▲ +0.06 pts

Havells India Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Havells IndiaBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
44.52
▲ 5% above the sector average of 42.55
P/E, 12-month rangeLow 44.21 · high 89.56
1%
Today's P/E sits 1% of the way from its low to its high
P/BPrice ÷ book value per share
7.27
P/SPrice ÷ sales per share
2.92
P/CFPrice ÷ cash flow per share
33.11
PEGP/E ÷ earnings growth (≈1 is fair)
2.58

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
32.49%
▲ above its 5-yr average of 31.29%
Operating marginKept after running costs
7.03%
▼ below its 5-yr average of 8.24%
Pre-tax marginKept before tax
9.04%
▼ below its 5-yr average of 9.57%
Net marginKept as profit
6.92%
▼ below its 5-yr average of 7.15%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
19.02%
▲ above its 5-yr average of 18.76%
Return on assetsProfit on everything it owns
11.83%
▲ above its 5-yr average of 11.22%
Return on investmentProfit on long-term capital
17.63%
▲ above its 5-yr average of 16.96%

Growth Is the business getting bigger?

Revenue — last 12 months
+10.1%
▲ growing
Revenue — 3 yr, a year
+10.2%
▲ growing
Revenue — 5 yr, a year
+16.6%
▲ growing
EPS — last 12 months
+15.4%
▲ growing
EPS — 3 yr, a year
+16.4%
▲ growing
EPS — 5 yr, a year
+10.1%
▲ growing
Dividend — 3 yr, a year
+10.1%
▲ growing
Book value — 5 yr, a year
+12.8%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.03×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
1.71×
✓ Comfortable
Quick ratioLike the current ratio, without inventory
0.72×
• Adequate
Interest coverOperating profit ÷ interest to pay
303.09×
✓ Strong
Payout ratioShare of profit paid as dividend
37.10%
✓ Balanced

Per share What each share stands for

EPS (TTM)
₹26.01
Book value
₹150.73
Cash flow
₹33.09
Dividend
₹10.00
Revenue
₹375.63

The share price is 7.25× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 109 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year40.70
Current Dividend Yield - Common Stock Primary Issue, LTM0.91
Price to Book - most recent fiscal year7.27
P/E Basic excluding extraordinary items - TTM44.52
P/E including extraordinary items - TTM42.16
P/E excluding extraordinary items low, trailing 12 months44.21
Price to Tangible Book - most fiscal year8.69
Dividend Yield - 5 Year Average0.67
Price to sales - most recent fiscal year3.05
Dividend Yield - indicated annual dividend divided by closing price0.91
Price to Cash Flow per share - trailing 12 month33.11
Peg Ratio2.58
P/E Normalized, most recent fiscal year40.68
P/E excluding extraordinary items high, trailing 12 months89.56
P/E excluding extraordinary items, most recent fiscal year quarter42.16
Price to sales - trailing 12 month2.92
Net Debt, LFY−20,958.80

Per share

Dividend Per Share - 5 year average8.80
Cash Flow per share - trailing 12 month33.09
Cash Flow per share - most recent fiscal year33.80
EPS including extraordinary items - trailing 12 month26.01
EPS including extraordinary items - most recent fiscal year26.94
EBITD per share - trailing 12 month34.24
Revenue/share - trailing 12 month375.63
EPS excluding extraordinary items - trailing 12 month26.01
EPS Basic excluding extraordinary items - most recent fiscal year26.95
EPS Basic excluding extraordinary items - trailing 12 month26.04
Book value per share - most recent fiscal year150.74
Dividend per share - most recent fiscal year10.00
Revenue/share - most recent fiscal year359.02
EPS Normalized - most recent fiscal year26.95
Book value (tangible) per share - most recent fiscal year126.31
Dividends per share - trailing 12 month10.00
EPS excluding extraordinary items - most recent fiscal year26.94
Cash per share - most recent fiscal year37.64

Margins

Operating margin - trailing 12 month7.03
Gross Margin - 5 year average31.29
Operating margin - 1st historical fiscal year7.70
Operating Margin - 5 year average8.24
Net Profit Margin % - 1st historical fiscal year7.50
Gross Margin - 1st historical fiscal year32.12
Net Profit Margin % - trailing 12 month6.92
Net Profit Margin - 5 year average7.15
Pretax Margin - 5 year average9.57
Pretax margin - 1st historical fiscal year9.81
Pretax margin - trailing 12 month9.04
Free Operating Cash Flow/Revenue, 5 Year Average0.91
Gross Margin - trailing 12 month32.49

Growth

EPS Change %, TTM over TTM15.42
Revenue growth rate, 5 year16.59
EPS growth rate, 5 year10.06
Revenue Change % - most recent quarter 1 year ago19.48
Growth rate% - dividend, 3 year10.06
Growth rate% - EPS, 3 year16.35
Revenue/share (5 yr growth)16.53
Tangible Book Value, Total Equity, 5 Year CAGR16.18
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR3.67
Capital Spending growth rate, 5 year42.81
Revenue Change %, TTM over TTM10.10
Growth rate% - Revenue, 3 year10.24
Book value per share growth rate, 5 year12.76
EPS Change % - most recent quarter 1 year ago−16.61
Net Profit Margin growth rate, 5 year−5.57
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR7.01
Total Debt, 5 Year CAGR−15.70

Financial strength

Free Cash Flow - most recent fiscal year−5,395.60
LT debt/equity - most recent fiscal year0.02
Quick ratio - most recent fiscal year0.72
Payout ratio - trailing 12 month23.04
Current ratio - most recent fiscal year1.71
Current EV/Free Cash Flow, LFY6,936.53
Total debt/total equity - most recent fiscal year0.03
Net Interest coverage - trailing 12 month303.09
Payout ratio - most recent fiscal year37.10

Returns & efficiency

Return on average equity - 5 year average18.76
Net Income/employee - trailing 12 month19,94,169.00
Revenue/employee - most recent fiscal year2,75,67,020.00
Return on investment - most recent fiscal year17.63
Return on average assets - most recent fiscal year11.83
Receivables turnover - most recent fiscal year21.87
Inventory turnover - most recent fiscal year3.56
Revenue/employee - trailing 12 month2,88,35,850.00
Return on average assets - 5 year average11.22
Net Income/employee - most recent fiscal year20,67,119.00
Asset turnover - most recent fiscal year1.58
Return on average equity - most recent fiscal year19.02
Return on investment - 5 year average16.96

Price & volume

Market Cap69,031.78
52 week Low Date15 Sep 2026
Price - 1 Day % Change0.70
Relative (S&P500) price percent change - 13 week−4.89
Avg trading volume last 10 days0.69
Price - 13 week price percent change−7.56
Price - 52 week price percent change−30.26
Avg Trading Volume Last 3 months22.10
Price - 5 Day % Change0.61
Price % Change Month To Date−11.86
Relative (S&P500) price percent change - 04 week−9.81
52 week High Date24 Sep 2025
Price - 26 week price percent change−13.55
PDATE23 Sep 2026
Price - YTD price percent change−23.05
Relative (S&P500) price percent change - 52 week−23.48
NPRICE1,096.50
Relative (S&P500) price percent change - 26 week−13.04
52 week Low1,081.10
52 week High1,571.60
Beta0.96
Relative (S&P500) price percent change - Year to Date−12.36

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹10.00
₹10.00
  • Dividend yield0.91%
  • Payout ratio37.10%
  • 5-year average dividend₹8.80 a share
  • Latest dividend₹6.00 per share · 22 May 2026

Corporate calendar

  • MeetingPostal Ballot
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • Dividend₹6.00 per share · 600% · Final dividend
  • BoardAudited Results & Final Dividend
  • Dividend₹4.00 per share · 400% · Interim dividend
  • BoardQuarterly Results & Interim Dividend
  • BoardQuarterly Results
Show 14 older events
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • Dividend₹6.00 per share · 600% · Final dividend
  • BoardAudited Results & Final Dividend
  • Dividend₹4.00 per share · 400% · Interim dividend
  • BoardQuarterly Results & Interim Dividend
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • Dividend₹6.00 per share · 600% · Final dividend
  • Dividend₹3.00 per share · 300% · Interim dividend
  • MeetingAnnual General Meeting
  • Dividend₹4.50 per share · 450% · Final dividend
  • Dividend₹3.00 per share · 300% · Interim dividend
  • MeetingAnnual General Meeting

About Havells India

Misc. Fabricated Products

Havells India Limited is an India-based fast moving electrical goods (FMEG) company. The Company is consumer electrical/electronic and power distribution equipment manufacturer with products ranging from industrial and domestic circuit protection switchgears, cables, motors, pumps, solar products, solar modules, fans, power capacitors, LED lamps and luminaries for domestic, commercial and industrial applications, modular switches, water heaters, coolers and domestic appliances, personal grooming, air purifier, water purifier, air conditioner, television, washing machine and refrigerator covering the entire range of household, commercial and industrial electrical needs. The Company has brand showroom in the electrical industry, namely Havells Exclusive Brand Stores. It owns various brands, Havells Studio, Lloyd, Havells Crabtree, Standard Electricals and REO. Its solar products include solar on grid solutions, solar off grid solutions, and solar on grid inverter solutions.

Key people

  • Anil Rai GuptaExecutive Chairman of the Board, Chief Executive Officer, Managing Director
  • Rajesh Kumar GuptaGroup Chief Financial Officer, Executive Whole-Time Director
  • Sanjay Kumar GuptaSenior Vice President, Compliance Officer, Company Secretary
  • Ameet Kumar GuptaExecutive Whole-Time Director
  • Siddhartha PanditExecutive Whole-Time Director

Company facts

  • NSE symbolHAVELLS
  • BSE code517354
  • ISININE176B01034
  • IndustryMisc. Fabricated Products
  • IndexNIFTY 500
  • Market cap₹68,649 Cr
  • Revenue (FY26)₹22,528 Cr
  • Net profit (FY26)₹1,691 Cr

In the News

Recent headlines about Havells India — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Havells India (NSE: HAVELLS) last traded at ₹1,092.60 on the NSE, down 0.24% (₹2.63) on the day, as of 24 Sep 2026, 8:42 AM. On the BSE it was ₹1,093.90. The day's range was ₹1,089.95 – ₹1,102.75.

Havells India's 52-week high is ₹1,599.50 (24 Sep 2025) and its 52-week low is ₹1,081.10 (15 Sep 2026). At ₹1,092.60 the share is 31.7% below its high and 1.1% above its low.

Havells India's market capitalisation is ₹68,649 Cr (₹68,649 Cr). It is part of the NIFTY 500 index.

Havells India's P/E ratio (trailing 12 months) is 44.52. The sector average is 42.55, so investors pay 5% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹26.01.

Havells India shares are down 30.26% over the last year, down 23.05% so far this year, down 13.55% over 6 months, down 7.56% over 3 months. Over the last year the stock did 23.48% worse than the market.

In FY26 (year to Mar 2026), Havells India reported revenue of ₹22,528 Cr (up 3.44% on the year before) and a net profit of ₹1,691 Cr. Earnings per share were ₹26.94.

Yes. Havells India's latest dividend is ₹6.00 per share (600%, final dividend), with an ex-date of 22 May 2026. The dividend yield is 0.91%. It has paid 8 dividends in the records shown on this page.

Of 37 analysts covering Havells India, 26 are bullish (10 strong buy, 16 buy), 7 say hold and 4 are bearish. The consensus is Buy (average rating 2.14 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 59.35%, FII 15.91%, MF 7.86%, Other 16.88%. Promoter holding fell by 0.03 percentage points from Mar 2026.

Havells India's listed peers in Misc. Fabricated Products include Bharat Forge, Schaeffler India, Sterlite Technologies, R R Kabel, Timken India. By market capitalisation it ranks #2 of 6 in this group.