Havells India logo

Havells India share price

NSE: HAVELLSBSE: 517354Consumer DurablesMid Cap

Last close ₹1,031.00down ₹42.00 (3.91%)BSE ₹1,032.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,073.00.

52-week range of traded prices to 23 Oct 2026
₹1,002.80Low, 23 Oct 2026₹1,516.60High, 30 Oct 2025
Market cap
₹64,702 Cr132nd largest listed
P/E
38.9
P/B
6.6
Dividend yield
0.97%
ROE
18.0%
ROCE
18.6%
Debt to equity
0.00
Volume, NSE
28,48,19936.4% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−31.1%over a year · Nifty Consumer Durables −13.1% · Nifty 500 −9.8%

ResultsDividend20-session average 9,55,260 shares a day, 49.5% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 22 Oct

Revenue
₹6,432 Crdown 1.32%
Net profit
₹349 Crup 20.54%
Net margin
5.4%

Revenue by year

Peak revenue ₹22,528 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreDec 2024Filed 17 JanMar 2025Filed 12 JunJun 2025Filed 21 JulSep 2025Filed 17 OctDec 2025Filed 19 JanMar 2026Filed 22 AprJun 2026Filed 17 JulSep 2026Filed 22 Oct
Revenue4,8896,5445,4554,7795,5886,7056,5186,432
Net profit278517348318300723290349
Net margin5.7%7.9%6.4%6.7%5.4%10.8%4.4%5.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Cables₹8,677 Crup 20.78%38.5%
  • Lloyd Consumer₹3,974 Crdown 22.59%17.6%
  • Electrical Consumer Durables₹3,876 Crdown 3.43%17.2%
  • Switchgears₹2,586 Crup 7.88%11.5%
  • Lighting & Fixtures₹1,688 Crup 1.02%7.5%
  • Others₹1,727 Crup 25.24%7.7%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 2% of 2,480 trading days over the last 10 years.

LowestHighest
Its median62.1Industry median27.8
Price to book

At or below today's level on 0.1% of 1,986 trading days since Oct 2018.

LowestHighest
Its median12.0Industry median2.1
EV to EBITDA27.8

At or below today's level on 1% of 1,986 trading days since Oct 2018.

LowestHighest
Its median44.0Industry median15.0
Dividend yield

At or below today's level on 93% of 2,461 trading days over the last 10 years.

LowestHighest
Its median0.63%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−21.3%+14.7%−32.1%0.8%
3 years+0.8%+16.4%−14.0%0.7%
5 years+3.2%+10.1%−6.8%0.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters59.35%
  • Foreign institutions14.47%
  • Indian institutions19.86%
  • Individuals and others6.32%
Holder
QRG Investments and Holdings LimitedPromoter41.21%
Shri Anil Rai Gupta as Trustee of ARG Family TrustPromoter12.34%
LICI NEW PENSION PLUS BALANCED FUNDInsurance companies7.63%
Shri Surjit Kumar Gupta as Trustee of SKG Family TrustPromoter5.81%
NALANDA INDIA EQUITY FUND LIMITEDForeign portfolio investors, category I4.07%
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I1.09%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 4,24,772 of its 62,75,61,652 shares locked in.

Mutual funds holding it

177 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 103 of the 122 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 5 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
4
Bought again
1
Added
69
Cut
53
Held unchanged
45
Sold out
23
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund84,42,1260.84%₹857.7 Cr
SBI Mutual Fund logoSBI Aggressive Hybrid FundSBI Mutual Fund70,00,0000.83%₹711.2 Cr
HDFC Mutual Fund logoHDFC Focused FundHDFC Mutual Fund60,65,7032.32%₹616.3 Cr
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund49,06,4870.46%₹498.5 Cr
HDFC Mutual Fund logoHDFC Large Cap FundHDFC Mutual Fund43,29,2301.18%₹439.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund27,73,3210.37%₹281.8 Cr
HDFC Mutual Fund logoHDFC Aggressive Hybrid FundHDFC Mutual Fund19,19,2640.92%₹195.0 Cr
UTI Mutual Fund logoUTI Flexi Cap FundUTI Mutual Fund18,80,0000.85%₹191.0 Cr
Franklin Templeton Mutual Fund logoFranklin India Flexi Cap FundFranklin Templeton Mutual Fund18,08,8531.01%₹183.8 Cr
DSP Mutual Fund logoDSP Large & Mid Cap FundDSP Mutual Fund15,84,5990.93%₹161.0 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Consumer Electronics, 23 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Havells India in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Dixon Technologies (India) logoDixon Technologies (India)DIXON68,45636.514.636.8+14.3%+58.2%48.8%24.6%0.09%
PG Electroplast logoPG ElectroplastPGEL13,47965.54.433.1+15.1%−24.1%7.0%8.8%0.05%
IKIO Technologies logoIKIO TechnologiesIKIO1,29327.82.114.5+34.5%+126.0%8.0%8.8%0.00%
Onida Electronics logoOnida ElectronicsONIDA929–3.9–+6.3%–−42.1%−18.9%0.00%
CWD logoCWDCWD66260.4––+331.1%+336.9%14.0%–0.00%
Cellecor Gadgets logoCellecor GadgetsCELLECOR64116.2––––22.0%–0.00%
Universus Photo Imagings logoUniversus Photo ImagingsUNIVPHOTO461–0.6439.0−5.2%−121.5%−2.1%0.1%0.00%
Arham Technologies logoArham TechnologiesARHAM41333.94.2–+69.6%+67.8%18.8%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹10.00 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
22 May 2026Final₹6.00
23 Jan 2026Interim₹4.00
23 May 2025Final₹6.00
22 Jan 2025Interim₹4.00
31 May 2024Final₹6.00
1 Feb 2024Interim₹3.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Havells India share price by year

Each calendar year to 2025.Havells India share price history

YearClose at year endChangeHighest closeLowest close
20251,424.90−14.9%1,701.401,389.90
20241,675.10+22.5%2,082.401,290.35
20231,367.95+24.4%1,450.251,100.60
20221,099.95−21.3%1,406.151,069.65
20211,397.00+52.5%1,474.10909.90
2020916.15+41.6%919.35459.35
2019647.15−6.4%794.40634.65
2018691.50+22.9%725.25487.85
2017562.45+64.3%562.45341.85
2016342.25+12.3%452.30269.95
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,088.701,091.001,002.801,031.001,026.9628,48,19936.4%
22 Oct 20261,069.901,090.001,048.001,073.001,072.3220,79,99819.0%
21 Oct 20261,100.001,102.601,064.401,071.601,078.854,69,06448.9%
19 Oct 20261,121.201,122.101,098.001,102.701,106.273,14,31246.3%
16 Oct 20261,116.101,138.701,112.501,121.001,128.787,23,67545.6%
15 Oct 20261,119.001,124.801,106.601,116.101,114.144,53,99149.3%
14 Oct 20261,082.001,128.601,071.101,119.901,102.8618,22,02648.4%
13 Oct 20261,052.001,082.001,047.001,082.001,060.466,11,79950.6%
12 Oct 20261,042.601,060.001,042.001,052.001,054.423,97,89155.9%
9 Oct 20261,019.001,044.001,017.901,041.501,035.906,12,10856.9%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
26 Aug 2014Split0.2000Each share became 5.
8 Oct 2010Bonus0.5000Holders received 1 bonus share for every 1 held.
6 May 2009Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

About Havells India

Havells India Limited makes electrical and electronic goods for homes, shops, offices and industry. It describes itself as a Fast Moving Electrical & Electronic Durables company. Its products fall into 24 product verticals and are sold under six brands: Havells, Lloyd, Havells Crabtree, Standard, REO and Havells Studio. It sells in over 70 countries.

The business is reported in segments. Switchgears covers switchgears, switches and capacitors. Cables covers power cables and wires. Lighting and Fixtures covers consumer and professional luminaires. Electrical Consumer Durables covers fans, appliances, water heaters, air coolers, water purifiers and personal grooming products. Renewables covers solar products, solar pumps and electric vehicle chargers. Lloyd Consumer covers air conditioners, refrigerators, washing machines and televisions. Motors and pumps sit in Others.

The company runs 17 manufacturing factories, in states from Rajasthan to Karnataka and from Himachal Pradesh to Andhra Pradesh. It makes about 90% of its finished products in-house. In March 2026 its Lloyd business commissioned a refrigerator plant at Ghiloth in Rajasthan. It has four subsidiaries, two direct and two step-down, and all are registered outside India. The direct subsidiaries are based in China and the United States.

Havells began in 1958 as a small trading business. Its founder was Shri Qimat Rai Gupta. It was incorporated in 1983. Its registered office is in New Delhi and its corporate office is in Noida, Uttar Pradesh.

Legal name
Havells India Limited
NSE symbol
HAVELLS
BSE code
517354
ISIN
INE176B01034
Industry
Consumer Durables
Listed
Feb 1994 on BSE, Mar 2001 on NSE
Face value
₹1
CIN
L31900DL1983PLC016304
Corporate identity number, the registrar of companies' code for it