| Revenue growth | Steady growth led by cables; B2C cooling segments were weather-impacted. |
|---|---|
| Margins | Margins held well except Lloyd, which suffered from cost pressures. |
| Demand visibility | Positive outlook for summer demand recovery and infrastructure-linked categories. |
| Management confidence | Balanced; optimistic on long-term structural growth despite short-term inflation. |
Growth
14% growth in cables/wires; lighting margins spiked to 37% due to year-end releases.
Outlook
Capex of ₹800cr planned for FY27, focusing on cable capacity and R&D.
Risks
High raw material inflation post-global disruptions and Lloyd's sustained margin pressure/losses.
Earnings Call filed with NSE, NSE: HAVELLS. Summary written with AI assistance from the document.
Havells India Ltd: key numbers
- Share price
- ₹1,085.00
- Market cap
- ₹68,023 Cr
- Revenue (annual)
- ₹22,528 Cr
- Net profit (annual)
- ₹1,691 Cr
- P/E (TTM)
- 41.6×Sector 44.5×
- Promoter holding
- 59.35%-0.03% QoQ
- FII holding
- 15.91%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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