Havells India Ltd: History, Latest Updates, Milestones, Subsidiaries and Share Price
INTRODUCTION
Havells India Ltd., founded in 1956 and headquartered in Noida, is a leading electrical equipment and consumer durables company. Its product portfolio includes fans, lighting, home appliances, switches, cables and wires, water heaters, and circuit protection equipment. The company owns brands such as Havells, Lloyd, Crabtree, Standard Electricals, REO, and Promptec, with a presence across more than 50 countries . The Havells India Ltd share price is closely tracked by investors considering the company's financial performance, product portfolio, market presence, and growth prospects. Investors can use the best stock market investment apps India 2026 to monitor the stock and stay updated on company developments.
Havells India Ltd Moves in 2026
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Havells India Ltd. strengthened its senior management team in August 2026 by appointing Sandeep Sehgal as Executive Vice President – Sales, Lloyd.
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The company reported a 15.30% YoY decline in standalone net profit to Rs. 298.43 crore in Q1FY27, while total income increased 19.20% to Rs. 6,564.10 crore, reflecting mixed financial performance.
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Havells India entered into a strategic collaboration with Norway-based Pixii AS in July 2026 to develop advanced Battery Energy Storage Systems (BESS) for the Indian market, expanding its presence in the emerging energy-storage segment.
Evolution of Havells India Ltd: From Past to Present
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Havells' journey began in 1958 when Qimat Rai Gupta moved to Old Delhi and established an electrical equipment trading business. In 1971, he acquired Havells, a switchgear company owned by Haveli Ram Gandhi, and subsequently expanded into cables, lighting, appliances, fans, and water heaters.
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During the 1980s and 1990s, Havells expanded through acquisitions, including Towers and Transformers Ltd., ECS, Duke Arnics Electronics, Standard Electricals, and Crabtree India. In 2007, the company acquired European lighting business Sylvania for around €200 million, strengthening its international presence.
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Havells continued diversifying its portfolio through strategic acquisitions and investments. It acquired a majority stake in Promptec Renewable in 2015 and later increased its holding to 100% in 2018. In 2017, Havells acquired the consumer durables business of Lloyd Electricals for an enterprise value of Rs. 1,600 crore, further strengthening its presence in the consumer durables segment.
|
Name |
Havells India Limited |
|
Founded year |
1958 |
|
Headquarters |
Noida, Uttar Pradesh, India |
|
Sector |
Electrical equipment |
|
Current chairman |
Anil Rai Gupta |
|
Market Cap |
Rs. 79,386.55 Cr. |
|
Geographical presence |
Global |
|
Nse code |
HAVELLS |
|
Bse code |
517354 |
Timeline of Havells India Ltd
|
Year |
Milestone |
Description |
|
1958 |
Business Founded |
Qimat Rai Gupta established an electrical equipment trading business in Delhi, laying the foundation for Havells. |
|
1971 |
Havells Acquired |
Qimat Rai Gupta acquired the Havells brand from its original owner, Haveli Ram Gandhi. |
|
1976 |
First Manufacturing Plant |
The company established its first manufacturing plant at Kirti Nagar, Delhi, marking its transition from trading to manufacturing. |
|
1993 |
Product Portfolio Expansion |
Havells expanded into electrical consumer products, including fans and lighting solutions. |
|
2007 |
Global Expansion |
The company acquired European lighting major Sylvania, significantly strengthening its international presence. |
|
2015 |
Promptec Acquisition |
Havells acquired a 51% stake in Promptec Renewable, expanding its presence in LED lighting and renewable energy solutions. |
|
2017 |
Lloyd Acquisition |
Havells acquired the consumer durables business of Lloyd, strengthening its position in the home appliances segment. |
Inside Havells India Ltd: Exploring Subsidiary Ventures
Corporate action: Havells India Ltd. has declared 37 dividends since August 11, 2000. Over the past 12 months, the company has declared an equity dividend of Rs. 10.00 per share. As of August 22, 2026, the havells india ltd share price stood at Rs. 1,268.00, giving the stock a dividend yield of approximately 0.79%. The latest final dividend of Rs. 6.00 per share had an ex-date of May 22, 2026, and a record date of May 24, 2026.
Main News:
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August 2026: Havells India appointed Sandeep Sehgal as Executive Vice President – Sales, Lloyd, as part of its senior management team.
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July 2026: The company reported a 15.30% decline in standalone net profit to Rs. 298.43 crore in Q1FY27, while total income increased 19.20% YoY to Rs. 6,564.10 crore.
-
July 2026: Havells India entered into a strategic collaboration with Norway-based Pixii AS to develop and introduce advanced Battery Energy Storage Systems (BESS) for the Indian market.
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April 2026: The company reported a 40.59% YoY increase in Q4FY26 net profit to Rs. 734.24 crore, while total income rose 6.25% to Rs. 7,013.53 crore.
Havells Share Price NSE/BSE:
|
Company name |
Sector |
Share price |
|
Havells India Ltd. |
ELECTRICAL EQUIPMENT |
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Financial Snapshot & Investor Analysis
As of August 22, 2026, Havells India Ltd. has a market capitalisation of Rs. 79,386.55 crore and promoter holding of 59.35%. The company has maintained a debt-free position, with cash reserves of Rs. 2,351 crore. Its sales growth stands at 3.31%, while profit growth is stronger at 14.55%, indicating an improvement in profitability . Havells trades at a P/E ratio of 48.07 and a P/B ratio of 8.14. The company reported an EPS of Rs. 26.32 and a book value of Rs. 155.38 per share. Its ROE of 19.20% and ROCE of 25.88% reflect healthy returns generated on equity and capital employed. Investors tracking the havells india ltd share price should evaluate these metrics alongside the company's earnings, valuation, and future growth outlook.
Industry Comparison: How Havells India Ltd Stacks Up Against Peers
|
Company |
Price (Rs.) |
MCAP (Rs. Cr.) |
P/B |
P/E |
EPS (Rs.) |
ROE (%) |
ROCE (%) |
P/S |
EV/EBITDA |
|
Hitachi Energy India |
34,275 |
1,52,392.91 |
27.86 |
132.47 |
258.09 |
21.04 |
28.73 |
18.70 |
86.72 |
|
Siemens |
3,923.50 |
1,39,599.24 |
10.08 |
112.74 |
34.77 |
14.42 |
19.46 |
6.34 |
69.90 |
|
CG Power & Industrial Solutions |
869 |
1,36,591.52 |
16.03 |
97.99 |
8.85 |
21.60 |
28.71 |
12.06 |
67.87 |
|
Siemens Energy India |
3,435.45 |
1,22,348.76 |
23.29 |
82.22 |
41.78 |
29.23 |
40.19 |
15.63 |
53.79 |
|
GE Vernova T&D India |
4,138.65 |
1,05,675.53 |
34.61 |
80.97 |
50.97 |
55.26 |
75.51 |
17.03 |
55.76 |
|
Havells India Ltd. |
1,265 |
79,574.82 |
8.16 |
48.18 |
26.32 |
19.20 |
25.88 |
3.54 |
28.78 |
Within the selected peer group, Hitachi Energy India records the highest P/E ratio at 132.47. In contrast, GE Vernova T&D India ranks first in terms of ROE and ROCE, at 55.26% and 75.51%, respectively. Havells India records the lowest P/E and EV/EBITDA ratios among the companies compared, suggesting a comparatively lower valuation based on these parameters.
Havells India also maintains a healthy ROE of 19.20% and ROCE of 25.88%, although these remain below the levels reported by the strongest-performing peers. With a market capitalization of Rs. 79,574.82 crore, the company remains a significant player in the electrical equipment space. Investors tracking the havells india ltd share price can compare its valuation, profitability, and capital efficiency with peers before making investment decisions.
Achievements & Milestone
Havells India Ltd. has strengthened its position in the electrical and consumer durables industry through product innovation, energy-efficient solutions, and a growing global presence. The company has also expanded its manufacturing and distribution network across domestic and international markets . In sustainability, Havells was ranked 7th globally in the electrical equipment sector by the Dow Jones Sustainability Index (DJSI) and reported an MSCI ESG Rating of A. The company has also received recognition for energy-efficient product innovation, including the development of energy-saving ceiling fans. These achievements highlight Havells' focus on innovation and sustainable growth, factors that investors may consider while tracking the havells india ltd share price.
Conclusion
Havells India Ltd. has developed from an electrical trading business into a diversified electrical equipment and consumer durables company, supported by established brands, manufacturing capabilities, and a growing global presence. Its focus on product innovation, energy efficiency, and new business opportunities continues to support its long-term growth strategy . The havells india ltd share price may be influenced by factors such as consumer demand, raw material costs, earnings performance, competition, and broader market conditions. Investors should evaluate the company's financial position, valuation, and growth prospects before making investment decisions . For investors and active traders who want to monitor market movements, an intraday trading app in India can provide access to market information and help track stocks such as Havells India Ltd. based on individual investment objectives and risk appetite.
Frequently Asked Questions
Where can I find real-time updates on the havells india ltd share price ?
Check the latest havells india ltd share price and live stock updates on Enrich Money’s stock here.
What have been the highest and lowest havells india ltd share price in the past 52 weeks?
The havells india ltd share price recorded a 52-week high of Rs. 1,621.10 and The 52-week low of the havells india ltd share price stands at approximately Rs.
1,123.60.
Does Havells India pay dividends?
Yes. Havells India has declared Rs. 10.00 per share in dividends over the past 12 months, with a dividend yield of around 0.79%.
What are the nominal value and book value of Havells India shares?
The nominal value assigned to each Havells India share is Rs. 1, whereas its book value stands at approximately Rs. 155.38 per share. Face value represents the nominal value assigned to a share, whereas book value indicates the company's net assets attributable to each share. Investors can also consider the share value of Havells alongside these metrics.
What is the debt of Havells India?
Havells India Ltd. has reported Rs. 0 crore in debt, indicating a debt-free position based on the available financial data. Investors evaluating the Havells India share price may consider the company's debt position along with earnings and cash flows.
Is Havells India a good buy for the long term?
The long-term outlook for Havells India depends on factors such as earnings growth, consumer demand, competition, raw material costs, and overall industry conditions. Investors should assess these factors and the company's financial performance before making an investment decision.
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