Havells India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jan 19
Have your own idea? Try our Stock Screener
Indian (NIFTY) Electrical Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies118
- 7D6.2%
- 3M-8.5%
- 1Y39.3%
- YTD-8.1%
The Electrical industry is up 6.2% in the last week, with Bharat Heavy Electricals up 6.1%. This takes the industry's 12 month performance to a gain of 39%. Earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Indian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | ₹10.7t | ₹2.1t | ₹153.3b | 46.8x | 69.6x | 5.2x |
| Thu, 19 Dec 2024 | ₹11.8t | ₹2.0t | ₹152.5b | 54.5x | 77.4x | 5.8x |
| Sat, 16 Nov 2024 | ₹10.5t | ₹2.0t | ₹153.0b | 46.2x | 68.9x | 5.2x |
| Mon, 14 Oct 2024 | ₹12.6t | ₹1.9t | ₹150.2b | 50.3x | 84x | 6.5x |
| Wed, 11 Sep 2024 | ₹11.7t | ₹1.9t | ₹149.6b | 53.6x | 78.1x | 6x |
| Fri, 09 Aug 2024 | ₹11.5t | ₹1.9t | ₹144.5b | 52.2x | 79.5x | 6x |
| Sun, 07 Jul 2024 | ₹12.0t | ₹1.9t | ₹136.0b | 52.6x | 88.1x | 6.5x |
| Tue, 04 Jun 2024 | ₹11.1t | ₹1.8t | ₹136.0b | 44.2x | 81.4x | 6x |
| Thu, 02 May 2024 | ₹9.6t | ₹1.8t | ₹121.3b | 44.8x | 78.9x | 5.4x |
| Sat, 30 Mar 2024 | ₹8.6t | ₹1.8t | ₹119.2b | 35.5x | 71.9x | 4.9x |
| Mon, 26 Feb 2024 | ₹8.0t | ₹1.8t | ₹118.6b | 39.2x | 67.7x | 4.6x |
| Wed, 24 Jan 2024 | ₹7.3t | ₹1.7t | ₹111.7b | 38.8x | 64.9x | 4.3x |
| Fri, 22 Dec 2023 | ₹7.2t | ₹1.7t | ₹110.8b | 37.5x | 64.7x | 4.2x |
| Sun, 19 Nov 2023 | ₹6.6t | ₹1.7t | ₹110.8b | 36.4x | 59.1x | 3.9x |
| Tue, 17 Oct 2023 | ₹6.3t | ₹1.6t | ₹98.7b | 37.3x | 63.7x | 3.8x |
| Thu, 14 Sep 2023 | ₹6.0t | ₹1.6t | ₹95.9b | 33.3x | 63x | 3.8x |
| Sat, 12 Aug 2023 | ₹5.7t | ₹1.6t | ₹93.9b | 31.8x | 60.8x | 3.6x |
| Mon, 10 Jul 2023 | ₹5.3t | ₹1.5t | ₹113.4b | 29.4x | 46.4x | 3.4x |
| Wed, 07 Jun 2023 | ₹4.9t | ₹1.5t | ₹113.2b | 24.4x | 43.1x | 3.2x |
| Fri, 05 May 2023 | ₹4.3t | ₹1.5t | ₹76.2b | 22.3x | 56.2x | 2.9x |
| Sun, 02 Apr 2023 | ₹3.9t | ₹1.4t | ₹77.0b | 18.5x | 50.6x | 2.7x |
| Tue, 28 Feb 2023 | ₹3.8t | ₹1.4t | ₹77.0b | 19.3x | 49.4x | 2.6x |
| Thu, 26 Jan 2023 | ₹3.8t | ₹1.4t | ₹75.4b | 21.6x | 49.9x | 2.6x |
| Sat, 24 Dec 2022 | ₹3.5t | ₹1.4t | ₹76.9b | 20.7x | 44.9x | 2.5x |
| Mon, 21 Nov 2022 | ₹3.7t | ₹1.4t | ₹79.0b | 21.3x | 47x | 2.6x |
| Wed, 19 Oct 2022 | ₹3.7t | ₹1.4t | ₹79.1b | 24.1x | 46.8x | 2.7x |
| Fri, 16 Sep 2022 | ₹3.7t | ₹1.4t | ₹79.0b | 23.5x | 47.1x | 2.7x |
| Sun, 14 Aug 2022 | ₹3.4t | ₹1.3t | ₹80.0b | 20.3x | 42.9x | 2.6x |
| Tue, 12 Jul 2022 | ₹3.2t | ₹1.3t | ₹72.8b | 20.3x | 43.7x | 2.5x |
| Thu, 09 Jun 2022 | ₹3.1t | ₹1.3t | ₹72.9b | 19.7x | 42.1x | 2.5x |
| Sat, 07 May 2022 | ₹3.0t | ₹1.2t | ₹52.4b | 20.3x | 57.9x | 2.5x |
| Mon, 04 Apr 2022 | ₹3.1t | ₹1.2t | ₹61.4b | 18.5x | 49.8x | 2.6x |
| Wed, 02 Mar 2022 | ₹2.9t | ₹1.2t | ₹60.1b | 17.5x | 49.1x | 2.5x |
| Fri, 28 Jan 2022 | ₹3.1t | ₹1.1t | ₹37.6b | 24.9x | 82.8x | 2.8x |
Price to Earnings Ratio
82.8x
Current Industry PE
- Investors are optimistic on the Indian Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 69.6x which is higher than its 3-year average PE of 60.1x.
- The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 60% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | 3.44% | |
| Industrials | 6.36% | |
| Electrical | 6.24% | |
| Heavy Electrical Equipment | 6.55% | |
| Electrical Components | 5.97% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry even though it's trading below its 3-year average PE ratio of 110x.
- Analysts expect its future annual earnings growth (38.0%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 44.1x.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 38% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 22% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500103 Bharat Heavy Electricals | ₹209.40 | 6.1% +₹42.1b | 3.1% | PE164x | |
| HAVELLS Havells India | ₹1.58k | 3.4% +₹32.3b | 20.1% | PE70.5x | |
| CGPOWER CG Power and Industrial Solutions | ₹658.05 | 2.8% +₹27.4b | 47.1% | PE112.8x | |
| 500002 ABB India | ₹6.28k | 2.1% +₹27.3b | 31.6% | PE78.8x | |
| INOXWIND Inox Wind | ₹165.57 | 6.6% +₹13.4b | 53.8% | PE112.3x |
