Flash Finance

Havells India LimitedHAVELLSCorporate

Industrials Electrical Equipment & Parts Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹1,121.00
MCap ₹70,350 Cr · P/E 43.1
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹6,518 Cr
Sales · Jun 2026
+19.5% YoY
₹466 Cr
Operating Profit · Jun 2026
-9.6% YoY
7.2%
OPM % · Jun 2026
-24.2% YoY
₹290 Cr
Net Profit · Jun 2026
-16.6% YoY
₹4.63
EPS · Jun 2026
-16.6% YoY

📝 Havells India Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Havells India Limited reported revenue of ₹6,518 crore for the quarter ended June 2026 (Q1 FY27), up 19.5% from ₹5,455 crore in the same quarter last year, and down 2.8% sequentially over the March 2026 quarter.

Net profit fell 16.6% year-on-year to ₹290 crore, from ₹348 crore. Earnings per share (EPS) came in at ₹4.63.

Operating profit stood at ₹466 crore — an operating margin (OPM) of 7.2%, compared with 9.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Havells India Limited posted revenue of ₹22,513 crore, a growth of 3.4% over FY25, with a net profit of ₹1,690 crore (up 15.0% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹23,576 crore with a net profit of ₹1,632 crore.

Valuation snapshot

At the current price of ₹1,121.00, HAVELLS has a market capitalisation of ₹70,350 crore and a trailing P/E of about 43.1.

Within the Electrical Equipment & Parts industry, it is the 5th-largest of the 18 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 59.35%, foreign institutional investors (FIIs) 14.47%, domestic institutional investors (DIIs) 19.86%, public shareholders 6.32% of Havells India Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹70,350 Cr
Current Price ?
₹1,121.0
P/E ?
43.10below ind
Industry P/E ?
45.80
P/B ?
7.44
P/S ?
2.98
P/FCF ?
450.96
Enterprise Value ?
₹70,615 Cr
EV/EBITDA ?
32.73
PEG ?
2.69
Earnings Yield ?
2.4%
Dividend Yield ?
0.90%
Profitability & Returns
Sales (TTM) ?
₹23,576 Cr
OPM ?
9.2%
Profit after tax (TTM) ?
₹1,632 Cr
EPS (TTM) ?
₹26.01
ROCE ?
25.0%
ROE ?
17.3%
ROA ?
11.1%
Growth
Sales — latest qtr ?
₹6,518 Cr
PAT — latest qtr ?
₹290 Cr
YoY qtr sales growth ?
19.5%
YoY qtr profit growth ?
-16.6%
Sales growth (3y) ?
10%
Sales growth (5y) ?
17%
Profit growth (3y) ?
16%
Profit growth (5y) ?
11%
Financial Health
Debt ?
₹265 Cr
Debt to Equity ?
0.03
Interest Coverage ?
47.4
Current Ratio ?
N/A
Ownership
Promoter holding ?
59.35%
Change in promoter holding ?
-0.03%
Pledged percentage ?
N/A
Market
Return 3 months ?
-5.6%
Return 6 months ?
-14.2%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 4,1284,8594,8343,9004,4145,4425,8064,5394,8896,5445,4554,7795,5736,7056,518 +19.5% -2.8%
Operating Profit 424527402373433635572375426757516438524729466 -9.6% -36.1%
Other Income 4047655256767793646969864331054 -21.7% -82.5%
Interest 710891018910915999107 -20.3% -25.4%
Depreciation 7577768188939295104110106106108112121 +14.0% +7.7%
Profit Before Tax 381487382335391599549363377701470415405918392 -16.5% -57.3%
Net Profit 284358287249288447408268278517348318301723290 -16.6% -59.9%
EPS 4.535.714.583.974.597.136.494.284.438.265.555.094.8011.534.63 -16.6% -59.8%
OPM % 10.3% 10.8% 8.3% 9.6% 9.8% 11.7% 9.9% 8.3% 8.7% 11.6% 9.5% 9.2% 9.4% 10.9% 7.2% -24.2% -33.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹21,778 Cr ₹22,513 Cr ₹23,576 Cr +3.4%
Operating Profit ₹2,131 Cr ₹2,207 Cr ₹2,158 Cr +3.6%
OPM % 9.78% 9.80% 9.15% +0.2%
NPM % 6.75% 7.51% 6.92% +11.3%
Other Income ₹303 Cr ₹508 Cr ₹493 Cr +67.6%
Depreciation ₹400 Cr ₹431 Cr ₹446 Cr +7.7%
Interest ₹43 Cr ₹37 Cr ₹36 Cr -13.4%
EBIT ₹1,730 Cr ₹1,776 Cr ₹1,711 Cr +2.6%
PBT ₹1,990 Cr ₹2,207 Cr ₹2,130 Cr +10.9%
Tax ₹520 Cr ₹322 Cr ₹302 Cr -38.1%
Net Profit ₹1,470 Cr ₹1,690 Cr ₹1,632 Cr +15.0%
EPS ₹23.46 ₹26.97 ₹26.05 +15.0%
Material Cost ₹15,148 Cr ₹10,980 Cr ₹12,275 Cr -27.5%
Employee Cost ₹1,870 Cr ₹1,468 Cr ₹1,500 Cr -21.5%
Extraordinary Items — ₹45 Cr ₹45 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 63636363 +0.0%
Reserves 6,5637,3848,2619,393 +13.7%
Borrowings 223303319265 -16.9%
Other Liabilities 4,3094,6835,1675,026 -2.7%
Total Liabilities 11,15712,43313,80914,746 +6.8%
Fixed Assets 3,6213,9884,6525,343 +14.9%
CWIP 166299118443 +275.4%
Investments 2012011888 +7972.7%
Other Assets 7,1708,1269,0288,072 -10.6%
Total Assets 11,15712,43313,80914,746 +6.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 5651,9531,5231,572 +3.2%
Cash from Investing Activity 31-1,618-305-895 -193.4%
Cash from Financing Activity -907-534-677-693 -2.4%
Net Cash Flow -311-199541-17 -103.1%
Free Cash Flow -211,191769156 -79.7%
CFO/OP 59%125%93%93% +0.0%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 21232113 -38.1%
Inventory Days 119102104110 +5.8%
Days Payable 85817872 -7.7%
Cash Conversion Cycle 55444751 +8.5%
Working Capital Days 25111214 +16.7%
ROCE % 22%24%25%25% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 59.38%59.38%59.38%59.38%59.35% -0.1%
FIIs 21.59%19.28%17.96%16.93%14.47% -14.5%
DIIs 13.18%15.35%16.53%17.50%19.86% +13.5%
Government 0.17%0.17%0.17%0.23%— —
Public 5.62%5.81%5.95%5.96%6.32% +6.0%
Others 0.04%0.00%0.00%0.00%— —
No. of Shareholders 2,59,3152,66,8722,76,1282,74,5203,00,849 +9.6%

⚖️ Peer comparison

Industry: Electrical Equipment & Parts · 18 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 CGPOWER CG Power ₹909.00 143,208 114.5 12,821 1,240 12.8% 9.7% 25.3% 23.1% 14.0% 15.5%
2 POWERINDIA Hitachi Energy ₹30,760.00 137,105 119.2 9,163 1,149 15.5% 12.5% 27.6% 157.4% 68.6% 122.8%
3 POLYCAB Polycab India ₹8,241.00 124,138 39.3 34,609 3,203 13.5% 9.3% 28.9% 32.5% 52.8% 42.9%
4 APARINDS APAR Industries ₹17,940.00 75,119 61.0 24,389 1,181 8.9% 4.8% 23.3% 18.9% 29.1% 77.8%
5 HAVELLS Havells India ₹1,111.00 69,722 42.6 23,576 1,632 9.2% 6.9% 3.4% 15.0% 19.5% -16.6%
6 KEI KEI Industries ₹4,578.00 43,766 43.9 12,342 997 11.1% 8.1% 20.8% 31.8% 23.0% 40.0%
7 HONAUT Honeywell Automation ₹34,700.00 30,700 51.0 4,513 602 15.9% 13.3% 3.3% 15.4% 19.2% 4.5%
8 SCHNEIDER Schneider Electric ₹1,225.00 29,290 159.3 2,920 183 11.5% 6.3% 9.6% -20.9% 4.7% -69.7%
9 RRKABEL R R ₹2,428.00 27,462 45.2 10,832 608 8.5% 5.6% 27.6% 58.0% 53.9% 128.6%
10 FINCABLES Finolex Cables ₹1,430.10 21,872 27.3 6,939 800 10.5% 11.5% 18.9% 1.8% 44.3% 53.1%
11 HBLENGINE HBL ENGINEERING ₹717.55 19,890 25.5 3,339 781 32.0% 23.4% 67.8% 193.8% 6.0% -23.8%
12 GRAPHITE Graphite India ₹815.30 15,929 74.7 3,029 209 3.0% 6.9% 11.4% -62.7% 26.6% 28.6%
13 VGUARD V-Guard Industries ₹327.15 14,293 39.3 6,310 365 9.4% 5.8% 7.0% -1.8% 23.5% 76.4%
14 KANOHAR Kanohar Electricals ₹1,153.40 9,133 — — — — — — — 104.6% 148.5%
15 LASERPOWER Laser Power ₹284.95 4,000 — — — — — — — 14.9% -57.7%
16 MARSONS Marsons ₹129.91 2,236 50.8 247 44 16.9% 17.9% 45.5% 72.5% 4.7% -26.2%
17 MVELECTRO MV Electrosystems ₹798.60 2,179 — — — — — — — -5.0% -20.2%
18 RMC RMC Switchgears ₹194.98 206 — — — — — — — -58.0% -54.5%
❓ Frequently asked questions
What was Havells India Limited's revenue in Q1 FY27?
Havells India Limited reported revenue of ₹6,518 crore for the quarter ended June 2026 (Q1 FY27), up 19.5% from ₹5,455 crore in the same quarter last year, and down 2.8% sequentially over the March 2026 quarter.
What was Havells India Limited's net profit in Q1 FY27?
Net profit fell 16.6% year-on-year to ₹290 crore, from ₹348 crore. Earnings per share (EPS) came in at ₹4.63.
What is HAVELLS's market capitalisation and P/E ratio?
At the current price of ₹1,121.00, HAVELLS has a market capitalisation of ₹70,350 crore and a trailing P/E of about 43.1.
Who owns Havells India Limited? (shareholding pattern)
As of Sep 2026, promoters held 59.35%, foreign institutional investors (FIIs) 14.47%, domestic institutional investors (DIIs) 19.86%, public shareholders 6.32% of Havells India Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI