| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
HAVELLS Overview
Havells India Limited, a fast moving electrical goods company, manufactures, sells, and exports industrial and consumer electrical products in India and internationally.
Havells India Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,471.90 |
| 52 Week High | ₹645.00 |
| 52 Week Low | ₹1,482.70 |
| Beta | 0.69 |
| 1 Month Change | 19.26% |
| 3 Month Change | 47.71% |
| 1 Year Change | 117.98% |
| 3 Year Change | 131.78% |
| 5 Year Change | 260.58% |
| Change since IPO | 9,429.95% |
Recent News & Updates
Havells India (NSE:HAVELLS) Looks To Prolong Its Impressive Returns
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
If You Like EPS Growth Then Check Out Havells India (NSE:HAVELLS) Before It's Too Late
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Havells India (NSE:HAVELLS) Has A Pretty Healthy Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Shareholder Returns
| HAVELLS | IN Electrical | IN Market | |
|---|---|---|---|
| 7D | 1.2% | 1.2% | 1.2% |
| 1Y | 118.0% | 105.9% | 59.0% |
Return vs Industry: HAVELLS exceeded the Indian Electrical industry which returned 105.9% over the past year.
Return vs Market: HAVELLS exceeded the Indian Market which returned 59% over the past year.
Price Volatility
| HAVELLS volatility | |
|---|---|
| HAVELLS Beta | 0.69 |
| Industry Beta | 0.94 |
| Market Beta | 1 |
Stable Share Price: HAVELLS is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HAVELLS's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1958 | 5,727 | Anil Gupta | https://www.havells.com |
Havells India Limited, a fast moving electrical goods company, manufactures, sells, and exports industrial and consumer electrical products in India and internationally. It operates through five segments: Switchgears, Cables, Lighting and Fixtures, Electrical Consumer Durables, and Lloyd Consumer. The company offers switches; switchgears, such as circuit breakers, energy savers, human safety equipment, distribution boards, surge protection devices, and control and monitoring devices, as well as electrical wiring accessories, industrial motors, and capacitors; appliances, including cooking, food preparation, brewing, garment care, climate control appliances, and air purifiers; and cables consisting of domestic cables and industrial underground cables, as well flexible cables.
Havells India Fundamentals Summary
| HAVELLS fundamental statistics | |
|---|---|
| Market Cap | ₹921.86b |
| Earnings (TTM) | ₹12.16b |
| Revenue (TTM) | ₹115.84b |
75.8x
P/E Ratio8.0x
P/S RatioIs HAVELLS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HAVELLS income statement (TTM) | |
|---|---|
| Revenue | ₹115.84b |
| Cost of Revenue | ₹72.58b |
| Gross Profit | ₹43.26b |
| Expenses | ₹31.10b |
| Earnings | ₹12.16b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 19.44 |
| Gross Margin | 37.34% |
| Net Profit Margin | 10.50% |
| Debt/Equity Ratio | 12.0% |
How did HAVELLS perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield33%
Payout RatioValuation
Is Havells India undervalued compared to its fair value and its price relative to the market?
75.8x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HAVELLS (₹1471.9) is trading above our estimate of fair value (₹170.37)
Significantly Below Fair Value: HAVELLS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HAVELLS is poor value based on its PE Ratio (75.8x) compared to the Indian Electrical industry average (27.8x).
PE vs Market: HAVELLS is poor value based on its PE Ratio (75.8x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: HAVELLS is poor value based on its PEG Ratio (4.9x)
Price to Book Ratio
PB vs Industry: HAVELLS is overvalued based on its PB Ratio (17.8x) compared to the IN Electrical industry average (1.5x).
Future Growth
How is Havells India forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
15.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HAVELLS's forecast earnings growth (15.5% per year) is above the savings rate (6.8%).
Earnings vs Market: HAVELLS's earnings (15.5% per year) are forecast to grow slower than the Indian market (18.4% per year).
High Growth Earnings: HAVELLS's earnings are forecast to grow, but not significantly.
Revenue vs Market: HAVELLS's revenue (12.6% per year) is forecast to grow faster than the Indian market (12.6% per year).
High Growth Revenue: HAVELLS's revenue (12.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HAVELLS's Return on Equity is forecast to be high in 3 years time (22.5%)
Past Performance
How has Havells India performed over the past 5 years?
15.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HAVELLS has high quality earnings.
Growing Profit Margin: HAVELLS's current net profit margins (10.5%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: HAVELLS's earnings have grown by 15.1% per year over the past 5 years.
Accelerating Growth: HAVELLS's earnings growth over the past year (95.4%) exceeds its 5-year average (15.1% per year).
Earnings vs Industry: HAVELLS earnings growth over the past year (95.4%) exceeded the Electrical industry 48.8%.
Return on Equity
High ROE: HAVELLS's Return on Equity (23.5%) is considered high.
Financial Health
How is Havells India's financial position?
Financial Position Analysis
Short Term Liabilities: HAVELLS's short term assets (₹53.2B) exceed its short term liabilities (₹27.8B).
Long Term Liabilities: HAVELLS's short term assets (₹53.2B) exceed its long term liabilities (₹9.0B).
Debt to Equity History and Analysis
Debt Level: HAVELLS's debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: HAVELLS's debt to equity ratio has increased from 4% to 12% over the past 5 years.
Debt Coverage: HAVELLS's debt is well covered by operating cash flow (106%).
Interest Coverage: HAVELLS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Havells India current dividend yield, its reliability and sustainability?
0.47%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HAVELLS's dividend (0.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: HAVELLS's dividend (0.48%) is low compared to the top 25% of dividend payers in the Indian market (1.45%).
Stability and Growth of Payments
Stable Dividend: HAVELLS's dividend payments have been volatile in the past 10 years.
Growing Dividend: HAVELLS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.4%), HAVELLS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HAVELLS's dividends in 3 years are forecast to be well covered by earnings (37.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.5yrs
Average management tenure
CEO
Anil Gupta (52 yo)
6.83yrs
Tenure
₹245,523,000
Compensation
Mr. Anil Rai Gupta has been an Executive Chairman and Managing Director of Havells India Limited since November 13, 2014 and serves as its CEO. He served as an Investor Director of Jana Small Finance Bank...
CEO Compensation Analysis
Compensation vs Market: Anil's total compensation ($USD3.33M) is above average for companies of similar size in the Indian market ($USD1.17M).
Compensation vs Earnings: Anil's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: HAVELLS's management team is seasoned and experienced (6.5 years average tenure).
Board Members
Experienced Board: HAVELLS's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HAVELLS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Havells India Limited's employee growth, exchange listings and data sources
Key Information
- Name: Havells India Limited
- Ticker: HAVELLS
- Exchange: NSEI
- Founded: 1958
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: ₹921.855b
- Shares outstanding: 626.30m
- Website: https://www.havells.com
Number of Employees
Location
- Havells India Limited
- QRG Towers
- 2D, Express way
- Noida
- Uttar Pradesh
- 201304
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 12:02 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.