Update shared on 21 Nov 2025
Fair value Decreased 0.21%Analysts have slightly lowered their price target for Havells India, revising it from ₹1,673.59 to ₹1,670.14. They cite marginal adjustments in growth and profitability expectations as the reason for this revision.
What's in the News
- Havells India and HPL Group have signed a Settlement Agreement, resolving all longstanding disputes and litigations over the use of the 'HAVELLS' trademark. This includes suits in the Delhi High Court and Supreme Court. The settlement was executed on November 8, 2025 (Key Developments).
- The Board of Havells India Limited met on October 17, 2025, to review and approve the standalone and consolidated un-audited financial results for the second quarter and half-year ended September 30, 2025 (Key Developments).
- Havells India, through its Lloyd brand, announced that the Lloyd Kolors Refrigerator is now available for purchase on Flipkart and other distribution channels. This move expands their digital reach and customer convenience in India, with a starting price of INR 18,990 (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has been reduced marginally from ₹1,673.59 to ₹1,670.14.
- Discount Rate decreased slightly from 16.31% to 16.13%.
- Revenue Growth expectation has ticked up moderately from 12.38% to 12.40%.
- Net Profit Margin shows a minor increase from 7.53% to 7.54%.
- Future P/E multiple declined marginally from 71.17x to 70.12x.
Disclaimer
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