Havells India Ltd.Share Analysis,Fundamental and News.

Havells India Ltd.Founded in 1958 as a small trading business at Bhagirath Palace in Delhi, over the years
Havells has evolved into a leading Fast Moving Electrical Goods (FMEG) and Consumer Durables company, serving 70+ countries globally. With a portfolio comprising multi prestigious brands, Havells offers a wide range of high-quality products across various categories and consumer segments.

As per annual report Havells India LTD. their vision is To be a globally recognised corporation for excellence,governance, consumer delight and fairness to each stakeholder including the society and
environment we operate. their mission is To achieve our vision through business ethics, global reach, technological expertise, building long-term relationships with all our associates, customers, partners,
and employees.

Havells Brands

• HAVELLS
• LLOYD
• HAVELLS RABTREE (Switching Solution Since 1918)
• STANDARD
• REO
• HAVELLS STUDIO

Havells Products

• Switchgears
• Cables
• Lighting & Fixtures
• Electrical Consumer Durables
• Lloyd Consumer
• Others

After Sales Service

• Ensure customer delight with on-time prompt after sales services

• Using technology and people engagement as levers for lasting customer relationships

Financial Ratios

(Must Consider The Date , Data Updated on November,2024)

Market Cap	₹ 1,07,282.27 Cr.
No. of Shares	62.69 Cr.
P/E	75.52
P/B	13.77
Div. Yield	0.52 %
DEBT	₹ 0 Cr.
Promoter Holding	59.41 %

• In my view company’s ratios are attractive for investment
• P/E is high but company’s EV/EBITDA is 45.20.
• Also company is debt free right now.
• Company’s ROE is 18.13% right now.

Profit & Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Year	2020	2021	2022	2023	2024
Net Sales	9,429.2	10,427.9	13,888.5	16,868.3	18,549.9
Profit Before Tax	901.73	1,431.58	1,603.79	1,450.25	1,709.83
Profit After Tax	733.03	1,039.64	1,194.73	1,074.95	1,273.21
Adjusted EPS (Rs.)	11.71	16.61	19.08	17.16	20.32

Segment wise performance

• Switchgear segment recorded modest growth of 5.9%, They remain optimistic that the uptick in new real estate launches will contribute positively towards the demand for switchgear and other electrical categories, though with a time lag.

• Cables segment achieved a revenue growth of 14.2%, maintaining its double-digit growth momentum driven by continued infrastructure-led demand for power cables and flexible cables.

• Lighting segment delivered healthy volume growth led by professional lighting, however, value growth was marginal at 1.6% due to industry wide persistent price erosion in LED components

• Electrical Consumer Durables (ECDs), FY 2023-24 was the year of stabilisation post the transition of fans from non-rated to BEE energy efficiency rating. Affected by lower consumer demand and unseasonal rains in the summer, the ECD segment revenue grew modestly by 5.6%.

• During the year, Lloyd scaled up production in the newly commissioned manufacturing plant in Sri City, Andhra Pradesh. Lloyd cemented its position among the key players in the air conditioner market in India and grew the revenue by 12.4% YoY.

Board of Directors

Corporate Information

Company Secretary

• Sanjay Kumar Gupta

Auditors

Statutory Auditors

• Price Waterhouse & Co Chartered Accountants LLP

Internal Auditors

• Ernst & Young LLP

Cost Auditors

• Chandra Wadhwa & Co Cost Accountants

Secretarial Auditors

• Balika Sharma and Associates Company Secretaries

We are not SEBI register, don’t use this data for buy or sell recommendation,we are providing this data for adjudication purpose.

Data From

Annual Report 2024

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