Havells India Limited

NSEI:HAVELLS Stock Report

Market Cap: ₹1.0t

Havells India Future Growth

Future criteria checks 4/6

Havells India is forecast to grow earnings and revenue by 19% and 13.1% per annum respectively. EPS is expected to grow by 19.1% per annum. Return on equity is forecast to be 21.8% in 3 years.

Key information

19.0%

Earnings growth rate

19.1%

EPS growth rate

Electrical earnings growth30.2%
Revenue growth rate13.1%
Future return on equity21.8%
Analyst coverage

Good

Last updated06 Dec 2024

Recent future growth updates

Havells India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 20
Havells India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Havells India Limited Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next

Jul 23
Havells India Limited Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next

Havells India Limited Just Missed Earnings - But Analysts Have Updated Their Models

Jan 26
Havells India Limited Just Missed Earnings - But Analysts Have Updated Their Models

Recent updates

Havells India Limited's (NSE:HAVELLS) Business Is Trailing The Market But Its Shares Aren't

Nov 25
Havells India Limited's (NSE:HAVELLS) Business Is Trailing The Market But Its Shares Aren't

Havells India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 20
Havells India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Here's Why We Think Havells India (NSE:HAVELLS) Is Well Worth Watching

Sep 22
Here's Why We Think Havells India (NSE:HAVELLS) Is Well Worth Watching

Havells India (NSE:HAVELLS) Looks To Prolong Its Impressive Returns

Sep 06
Havells India (NSE:HAVELLS) Looks To Prolong Its Impressive Returns

Havells India (NSE:HAVELLS) Could Easily Take On More Debt

Aug 07
Havells India (NSE:HAVELLS) Could Easily Take On More Debt

Havells India Limited Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next

Jul 23
Havells India Limited Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next

Increases to Havells India Limited's (NSE:HAVELLS) CEO Compensation Might Cool off for now

Jun 22
Increases to Havells India Limited's (NSE:HAVELLS) CEO Compensation Might Cool off for now

Havells India Limited's (NSE:HAVELLS) Price Is Out Of Tune With Revenues

Jun 20
Havells India Limited's (NSE:HAVELLS) Price Is Out Of Tune With Revenues

Havells India's (NSE:HAVELLS) Dividend Will Be Increased To ₹6.00

May 24
Havells India's (NSE:HAVELLS) Dividend Will Be Increased To ₹6.00

Havells India (NSE:HAVELLS) Will Want To Turn Around Its Return Trends

Apr 02
Havells India (NSE:HAVELLS) Will Want To Turn Around Its Return Trends

Does Havells India (NSE:HAVELLS) Have A Healthy Balance Sheet?

Mar 15
Does Havells India (NSE:HAVELLS) Have A Healthy Balance Sheet?

Should You Be Adding Havells India (NSE:HAVELLS) To Your Watchlist Today?

Feb 28
Should You Be Adding Havells India (NSE:HAVELLS) To Your Watchlist Today?

Havells India Limited Just Missed Earnings - But Analysts Have Updated Their Models

Jan 26
Havells India Limited Just Missed Earnings - But Analysts Have Updated Their Models

Havells India Limited's (NSE:HAVELLS) P/E Is On The Mark

Jan 03
Havells India Limited's (NSE:HAVELLS) P/E Is On The Mark

Earnings and Revenue Growth Forecasts

NSEI:HAVELLS - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027285,89023,39118,16025,44419
3/31/2026249,16719,24612,78921,47221
3/31/2025216,81815,4028,21216,76521
9/30/2024202,01414,10710,69919,144N/A
6/30/2024195,62413,916N/AN/AN/A
3/31/2024185,90012,70811,66819,529N/A
12/31/2023180,07211,821N/AN/AN/A
9/30/2023177,20911,7777,53314,700N/A
6/30/2023175,00111,156N/AN/AN/A
3/31/2023169,10710,717-2285,649N/A
12/31/2022164,77810,662N/AN/AN/A
9/30/2022160,14410,88510,79913,629N/A
6/30/2022155,73012,039N/AN/AN/A
3/31/2022139,38511,96514,69717,280N/A
12/31/2021128,51411,478N/AN/AN/A
9/30/2021123,62411,92110,01713,138N/A
6/30/2021115,83912,161N/AN/AN/A
3/31/2021104,57310,4434,1046,603N/A
12/31/202093,3559,186N/AN/AN/A
9/30/202084,3367,6938,82810,632N/A
6/30/202082,0686,224N/AN/AN/A
3/31/202094,4037,3564,6588,267N/A
12/31/201999,7767,570N/AN/AN/A
9/30/2019102,2817,514-9185,276N/A
6/30/2019101,8967,519N/AN/AN/A
3/31/2019100,7347,879-15,013N/A
3/31/201881,4646,749N/A10,992N/A
3/31/201761,5584,826N/A7,632N/A
3/31/201676,12613,001N/A5,134N/A
12/31/201579,9768,171N/AN/AN/A
9/30/201582,7773,345N/AN/AN/A
6/30/201584,1423,526N/AN/AN/A
3/31/201585,6943,854N/A9,626N/A
12/31/201486,8013,705N/AN/AN/A
9/30/201486,6874,724N/AN/AN/A
6/30/201484,9254,711N/AN/AN/A
3/31/201481,8584,463N/A8,681N/A
12/31/201379,1334,856N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HAVELLS's forecast earnings growth (19% per year) is above the savings rate (6.7%).

Earnings vs Market: HAVELLS's earnings (19% per year) are forecast to grow faster than the Indian market (18.1% per year).

High Growth Earnings: HAVELLS's earnings are forecast to grow, but not significantly.

Revenue vs Market: HAVELLS's revenue (13.1% per year) is forecast to grow faster than the Indian market (10.6% per year).

High Growth Revenue: HAVELLS's revenue (13.1% 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 (21.8%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 20:20
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Havells India Limited is covered by 61 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Manish ValechaAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.