Havells India financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹6,432cr+34.6% on Q2 FY26
Net profit
₹349cr+9.7% on Q2 FY26
EBITDA margin
8.9%−0.3 pts on Q2 FY26
EPS
₹5.57+9.4% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue6,4324,779+34.6%
EBITDA573438+30.8%
EBITDA margin8.9%9.2%−0.3 pts
Profit before tax473410+15.3%
Net profit349318+9.7%
EPS₹5.57₹5.09+9.4%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹6,432 crNet profit₹349 crNet margin5.4%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
64,323————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
501791807266646
12.413.217.20.00.0
63,834————
25,24322,52821,77818,59016,911
—+3.4%+17.1%+9.9%—
2,2852,2002,1311,8431,599
9.1%9.8%9.8%9.9%9.5%
1,8161,7681,7301,5041,303
1,6621,6891,4701,2711,072
6.6%7.5%6.8%6.8%6.3%
₹26.52₹26.95₹23.47₹20.18₹17.08
—+14.8%+16.3%+18.1%—
—1,5721,5151,953565
—−1,484−766−786−588
87.587.57491,167−22.9
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

HAVELLS₹1,025.40

Havells India Ltd.

· Consumer Goods
₹ CrorePeersPOLYCABCROMPTONVOLTASBLUESTARCODIXONKALYANKJILLGEINDIATITANMcap ₹64,323 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————64,322.7
- Cash, Equiv & ST Investments646.0266.1807.3790.6501.1
+ Minority Interest0.00.017.213.212.4
Enterprise Value————63,834.0
Revenue16,910.718,590.021,778.122,527.825,243.3
Growth %, YoY—+9.9+17.1+3.4—
EBITDA1,599.11,842.62,130.92,199.72,285.0
Margin %9.469.919.789.769.05
EBIT1,303.01,504.11,730.51,767.71,815.5
Net Income1,071.71,270.81,470.21,689.31,662.4
Margin %6.346.846.757.506.59
EPS, Adj (current shares)17.0820.1823.4726.9526.52
Growth %, YoY—+18.1+16.3+14.8—
Cash from Operations564.91,952.91,515.31,572.0—
Capital Expenditures-587.8-786.1-766.0-1,484.5—
Free Cash Flow-22.91,166.8749.387.587.5
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Havells India financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Havells India (NSE: HAVELLS) had a market capitalisation of ₹64,005 crore at the 29 October 2026 close (₹1,020.00 a share), a PE ratio of 38.5 on the last four quarters' profit and a price-to-book ratio of 6.55. In FY26 its consolidated net profit was ₹1,691 crore on revenue of ₹22,528 crore; in Q2 FY27 (July–September 2026) it was ₹350 crore, up 9.6% year on year. It had no borrowings on 30 September 2026. Promoters held 59.35% of the shares on 30 September 2026.

Havells India Q2 FY27 results
filed 22 October 2026
Share price used
₹1,020.00 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Havells India at a glance · consolidated

Market cap
₹64,005 Crat ₹1,020.00 · 29 Oct close
PE ratio (last 4 quarters)
38.537.9 on FY26 profit
Price to book (PB)
6.55book value ₹155.74 a share
ROE (FY26)
19.0%+0.3 pts vs FY25ROCE 18.4%
Debt to equity
0.00net cash ₹1,208 Cr
Promoter holding
59.35%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.98%₹10 a share in 12 months
Net worth
₹9,773 Cr+12.7% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹87.5 Cr−88.3% vs FY25

Questions

What is the Havells India PE ratio today?

Havells India's PE ratio is 38.5 at the 29 October 2026 close (₹1,020.00 a share): a market capitalisation of ₹64,005 crore divided by consolidated net profit of ₹1,664 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹1,691 crore) it is 37.9.

What is the Havells India debt to equity ratio?

Havells India's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹9,785 crore. A year earlier, on 30 September 2025, it was 0.00.

What is the Havells India net worth?

Havells India's net worth — shareholders' equity in its consolidated balance sheet — was ₹9,773 crore on 30 September 2026, up 12.7% from ₹8,671 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹64,005 crore at the 29 October 2026 close.

What is the Havells India PB ratio (price to book value)?

Havells India's price-to-book (PB) ratio is 6.55 at the 29 October 2026 close: a market capitalisation of ₹64,005 crore divided by shareholders' equity (book value) of ₹9,773 crore on 30 September 2026. That is a book value of ₹155.74 per share against a share price of ₹1,020.00.

What is the Havells India ROE and ROCE?

In FY26, Havells India's return on equity (ROE) was 19.0% and its return on capital employed (ROCE) was 18.4%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 18.7% and ROCE 20.1%.

What is the Havells India book value per share?

Havells India's book value per share was ₹155.74 on 30 September 2026: shareholders' equity of ₹9,773 crore divided by the 62.75 crore shares in issue, up 12.6% from ₹138.35 a year earlier. The share price at the 29 October 2026 close was ₹1,020.00.

What is the Havells India market cap?

Havells India's market capitalisation was ₹64,005 crore at the 29 October 2026 close: 62.75 crore shares at ₹1,020.00 each.

Is Havells India debt free?

Yes. Havells India had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹1,208 crore of cash, bank balances and current investments.

What is the Havells India EPS?

Havells India's basic earnings per share (EPS) were ₹26.95 in FY26, against ₹23.49 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹26.52.

What is the Havells India dividend yield?

Havells India's dividend yield is 0.98% at the 29 October 2026 close: dividends of ₹10 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,020.00. They were ₹6 on 22 May 2026 and ₹4 on 23 January 2026 (interim).

What is the Havells India dividend in 2026 and its record date?

In 2026, Havells India has declared two dividends totalling ₹10 a share: ₹4 (interim) with record date 23 January 2026 and ₹6 with record date 24 May 2026 and ex-date 22 May 2026.

What is the Havells India free cash flow?

In FY26, Havells India generated ₹1,572 crore of cash from operations and spent ₹1,484 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹87.5 crore. In FY25 it was ₹749 crore.

What is the Havells India promoter holding?

Promoters held 59.35% of Havells India on 30 September 2026, unchanged from the previous quarter and down 0.03 percentage points from 59.38% a year earlier, according to the shareholding pattern filed with NSE.

What are the Havells India latest quarterly results?

Havells India's latest results are for Q2 FY27 (July–September 2026), filed on 22 October 2026: consolidated net profit ₹350 crore, up 9.6% from ₹319 crore in Q2 FY26; revenue from operations ₹6,432 crore, up 34.6% year on year.

When are the Havells India next results?

Havells India has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What is the Havells India shareholding pattern?

On 30 September 2026, Havells India's shares were held by promoters 59.35%, foreign portfolio investors (FII/FPI) 14.47%, domestic institutions (DII) 19.86% (including mutual funds at 9.46%) and retail and other non-institutional investors 6.32%. Over the year, FII holding was down 4.81 percentage points from 19.28% and DII holding was up 4.34 percentage points from 15.52%.

What is the Havells India revenue and profit in FY26?

In FY26 (April 2025–March 2026), Havells India's consolidated net profit was ₹1,691 crore, up 14.8% from ₹1,472 crore in FY25, on revenue from operations of ₹22,528 crore (up 3.4%). Over three years, from FY23, net profit was up 57.7%.

Havells India vs Polycab India: how do they compare?

In FY26, Havells India earned net profit of ₹1,691 crore on revenue of ₹22,528 crore, against ₹2,672 crore on ₹28,884 crore for Polycab India. Havells India's operating margin was 7.9% (Polycab India 12.5%) and its return on equity 19.0% (Polycab India 24.5%).

How does Havells India compare with its peers?

On FY26 consolidated figures, against Polycab India, Crompton Greaves Consumer Electricals and Voltas: Havells India's operating margin of 7.9% is the third highest of the four (Polycab India 12.5%, Crompton Greaves Consumer Electricals 8.1%, Voltas 4.0%; peer average 8.2%); its return on equity of 19.0% is the second highest of the four (Polycab India 24.5%, Crompton Greaves Consumer Electricals −7.6%, Voltas 5.8%; peer average 7.6%); its revenue growth over three years of 10.0% a year is the third highest of the four (Polycab India 27.0% a year, Crompton Greaves Consumer Electricals 5.6% a year, Voltas 14.5% a year; peer average 15.7% a year).

Where do these Havells India figures come from?

From Havells India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.