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Change
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Day Open
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Day High
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NSE Close — 25 Sep 2026
₹1,096.5
Change
+6.5 (0.6%)
Open
₹1,085.2
Prev. Close
₹1,090.0
Day High
₹1,097.3
Day Low
₹1,085.2
Volume Analysis
Traded
308,307
Delivered
150,582
Delivery %
48.84%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (1)
- •Trading within 3% of its 52-week low (₹1081.0)
Opportunities (1)
- •Strong 3-year EPS growth (16.4%)
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹1,112.9 | ₹1,105.1 | ₹1,100.8 | ₹1,093.0 | ₹1,088.7 | ₹1,080.9 | ₹1,076.6 |
| Fibonacci | ₹1,105.1 | ₹1,100.48 | ₹1,097.62 | ₹1,093.0 | ₹1,088.38 | ₹1,085.52 | ₹1,080.9 |
| Camarilla | ₹1,099.83 | ₹1,098.72 | ₹1,097.61 | ₹1,093.0 | ₹1,095.39 | ₹1,094.28 | ₹1,093.17 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-22.65%
1 Week
-0.6%
1 Month
-10.34%
3 Months
-5.42%
6 Months
-7.54%
1 Year
-27.26%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹302.59
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
16.49%
Net margin 6.91% × asset turnover 1.53x × equity multiplier 1.56x
Company Overview
Sector
Consumer Durables
Market Cap
₹69,101 Cr
P/E (TTM)
41.5
ROE
19.0%
Book Value
₹151.0
Face Value
₹1.0
Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.
TopFund Analysis
Havells India Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Consumer Durables sector, at 60/100. The strongest factor is Financial Strength (100/100), while Momentum (4/100) is the weakest area to weigh before deciding. Notably: Trading within 3% of its 52-week low (₹1081.0). FII holding has been falling.
TopFund Score — Fundamentals Quality
60/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 41.4%
- −Stock is trading at 7.30 times its book value
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Trading window closed from 1 Oct 2026 until 48 hours after Q2 and half-year results board meeting.
Havells India Limited shall be participating in the J.P. Morgan India Conference scheduled for 21 September 2026.
CARE Analytics assigned Havells India the highest corporate governance rating, CG 1, valid for one year.
Postal ballot passed on 30 Aug 2026 appointing Ashish Dhawan and Shanti Ekambaram as independent directors.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 4,834 | 3,900 | 4,414 | 5,442 | 5,806 | 4,539 | 4,889 | 6,544 | 5,455 | 4,779 | 5,588 | 6,705 | 6,518 |
| Expenses + | 4,432 | 3,527 | 3,981 | 4,807 | 5,234 | 4,164 | 4,462 | 5,787 | 4,940 | 4,341 | 5,072 | 5,976 | 6,052 |
| Operating Profit | 402 | 373 | 433 | 635 | 572 | 375 | 426 | 757 | 516 | 438 | 516 | 729 | 466 |
| OPM % | 8.0% | 10.0% | 10.0% | 12.0% | 10.0% | 8.0% | 9.0% | 12.0% | 9.0% | 9.0% | 9.0% | 11.0% | 7.0% |
| Other Income + | 65 | 52 | 56 | 76 | 77 | 93 | 64 | 69 | 69 | 91 | 9 | 310 | 54 |
| Interest | 8 | 9 | 10 | 18 | 9 | 10 | 9 | 15 | 9 | 9 | 9 | 10 | 7 |
| Depreciation | 76 | 81 | 88 | 93 | 92 | 95 | 104 | 110 | 106 | 106 | 109 | 112 | 121 |
| Profit before tax | 382 | 335 | 391 | 599 | 549 | 363 | 377 | 701 | 470 | 415 | 408 | 918 | 392 |
| Tax % | 25.0% | 26.0% | 26.0% | 25.0% | 26.0% | 26.0% | 26.0% | 26.0% | 26.0% | 23.0% | 26.0% | 21.0% | 26.0% |
| Net Profit + | 287 | 249 | 288 | 447 | 408 | 268 | 278 | 517 | 348 | 318 | 300 | 723 | 290 |
| EPS in Rs | 5 | 4 | 5 | 7 | 7 | 4 | 4 | 8 | 6 | 5 | 5 | 12 | 5 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 8,468 | 7,594 | 6,130 | 8,116 | 10,073 | 9,440 | 10,457 | 13,938 | 16,911 | 18,590 | 21,778 | 22,528 | 23,591 |
| Expenses + | 7,713 | 6,798 | 5,315 | 7,083 | 8,885 | 8,373 | 8,868 | 12,163 | 15,290 | 16,709 | 19,603 | 20,286 | 21,440 |
| Operating Profit | 755 | 796 | 815 | 1,033 | 1,189 | 1,067 | 1,589 | 1,775 | 1,621 | 1,881 | 2,175 | 2,241 | 2,150 |
| OPM % | 9.0% | 10.0% | 13.0% | 13.0% | 12.0% | 11.0% | 15.0% | 13.0% | 10.0% | 10.0% | 10.0% | 10.0% | 9.0% |
| Other Income + | 48 | 949 | 42 | 97 | 124 | 106 | 187 | 159 | 178 | 249 | 288 | 479 | 464 |
| Interest | 96 | 91 | 13 | 25 | 16 | 51 | 90 | 67 | 55 | 84 | 72 | 79 | 35 |
| Depreciation | 139 | 134 | 121 | 140 | 149 | 218 | 249 | 261 | 296 | 338 | 400 | 432 | 447 |
| Profit before tax | 569 | 1,520 | 723 | 965 | 1,147 | 904 | 1,438 | 1,607 | 1,447 | 1,707 | 1,990 | 2,210 | 2,132 |
| Tax % | 32.0% | 14.0% | 32.0% | 31.0% | 31.0% | 19.0% | 27.0% | 26.0% | 26.0% | 26.0% | 26.0% | 24.0% | — |
| Net Profit + | 385 | 1,300 | 494 | 661 | 788 | 735 | 1,044 | 1,196 | 1,072 | 1,271 | 1,470 | 1,689 | 1,631 |
| EPS in Rs | 6 | 21 | 8 | 11 | 13 | 12 | 17 | 19 | 17 | 20 | 23 | 27 | 26 |
| Dividend Payout % | 49.0% | 29.0% | 44.0% | 4.0% | 36.0% | 34.0% | 39.0% | 39.0% | 44.0% | 44.0% | 43.0% | 37.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 1,756 | 2,965 | 3,214 | 3,667 | 4,135 | 4,249 | 5,114 | 5,940 | 6,563 | 7,384 | 8,261 | 9,393 |
| Borrowings + | 424 | 134 | 208 | 115 | 94 | 72 | 521 | 616 | 223 | 303 | 319 | 265 |
| Other Liabilities + | 2,546 | 1,225 | 1,683 | 2,763 | 2,856 | 2,690 | 3,155 | 3,904 | 4,309 | 4,683 | 5,167 | 5,026 |
| Total Liabilities | 4,788 | 4,387 | 5,168 | 6,608 | 7,148 | 7,073 | 8,852 | 10,523 | 11,157 | 12,433 | 13,809 | 14,746 |
| Fixed Assets + | 1,541 | 1,224 | 1,300 | 2,819 | 2,904 | 3,350 | 3,290 | 3,434 | 3,621 | 3,988 | 4,652 | 5,343 |
| CWIP | 38 | 20 | 12 | 24 | 233 | 86 | 90 | 57 | 166 | 299 | 118 | 443 |
| Investments | 0 | 189 | 162 | 0 | 0 | 0 | 306 | 426 | 201 | 20 | 11 | 888 |
| Other Assets + | 3,209 | 2,954 | 3,694 | 3,765 | 4,012 | 3,638 | 5,166 | 6,606 | 7,170 | 8,126 | 9,028 | 8,072 |
| Total Assets | 4,788 | 4,387 | 5,168 | 6,608 | 7,148 | 7,073 | 8,852 | 10,523 | 11,157 | 12,433 | 13,809 | 14,746 |
| Equity Capital | 62 | 62 | 62 | 63 | 63 | 63 | 63 | 63 | 63 | 63 | 63 | 63 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 963 | 513 | 767 | 1,100 | 501 | 827 | 660 | 1,728 | 565 | 1,953 | 1,523 | 1,572 |
| Cash from Investing Activity + | -485 | -121 | -220 | -946 | 185 | -548 | -763 | -759 | 31 | -1,618 | -305 | -895 |
| Cash from Financing Activity + | -754 | -621 | -98 | -409 | -318 | -716 | 190 | -547 | -907 | -534 | -677 | -693 |
| Net Cash Flow | -277 | -229 | 450 | -255 | 368 | -437 | 87 | 421 | -311 | -199 | 541 | -17 |
| CFO/OP | 153 | 87 | 119 | 130 | 63 | 100 | 59 | 121 | 59 | 125 | 93 | 93 |
| Free Cash Flow | 793 | 299 | 529 | -489 | 2 | 467 | 507 | 1,475 | -21 | 1,191 | 769 | 156 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 0.0% | 0.0% | 0.0% | 0.04% | 0.0% | 0.0% | 0.0% | 0.04% | 0.0% | 0.0% | 0.0% | 0.0% |
| Public | 6.9% | 6.49% | 5.85% | 5.66% | 5.58% | 5.57% | 5.52% | 5.62% | 5.81% | 5.95% | 5.96% | 6.47% |
| Promoters | 59.43% | 59.43% | 59.43% | 59.41% | 59.41% | 59.41% | 59.41% | 59.38% | 59.38% | 59.38% | 59.38% | 59.35% |
| Government | 0.1% | 0.11% | 0.11% | 0.13% | 0.13% | 0.13% | 0.13% | 0.17% | 0.17% | 0.17% | 0.23% | 0.23% |
| FII | 24.19% | 23.96% | 24.83% | 25.33% | 24.76% | 23.46% | 22.31% | 21.59% | 19.28% | 17.96% | 16.93% | 15.91% |
| DII | 9.38% | 10.0% | 9.77% | 9.42% | 10.1% | 11.43% | 12.63% | 13.18% | 15.35% | 16.53% | 17.5% | 18.04% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Consumer Durables — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Havells India Limited (this stock) | 69,101 | 41.5 | 7.29 | 19.0% |
| Kalyan Jewellers Ind Ltd | 59,177 | 40.4 | 9.38 | 24.8% |
| Dixon Techno (india) Ltd | 80,745 | 43.0 | 17.17 | 18.9% |
| Berger Paints (i) Ltd | 52,709 | 42.9 | 7.62 | 17.3% |
| Voltas Ltd | 37,000 | 79.2 | 5.79 | 6.1% |
| Blue Star Limited | 32,281 | 61.0 | 9.43 | 17.2% |
| Amber Enterprises (i) Ltd | 24,374 | 118.0 | 5.56 | 5.99% |
Which Mutual Funds Hold Havells India Limited?
Frequently Asked Questions about Havells India Limited
Havells India Limited (HAVELLS) closed at ₹1,096.5 on NSE on 25 September 2026, up 6.5 (0.6%) from the previous close.
Havells India Limited trades on the NSE (National Stock Exchange of India) under the symbol HAVELLS.
Havells India Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 41.5.
Havells India Limited has a dividend yield of 0.91%.
Havells India Limited's 52-week high is ₹1,559.0 and its 52-week low is ₹1,081.0.
Havells India Limited has a market capitalisation of ₹69,101 crore.
Havells India Limited has a TopFund Quality Score of 60/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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