Havells India Balance Sheet Health
Financial Health criteria checks 6/6
Havells India has a total shareholder equity of ₹83.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹138.1B and ₹54.7B respectively. Havells India's EBIT is ₹17.5B making its interest coverage ratio -9.2. It has cash and short-term investments of ₹33.6B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -9.2x |
| Cash | ₹33.59b |
| Equity | ₹83.41b |
| Total liabilities | ₹54.68b |
| Total assets | ₹138.09b |
Recent financial health updates
We Think Havells India (NSE:HAVELLS) Can Manage Its Debt With Ease
Mar 10
Havells India (NSE:HAVELLS) Could Easily Take On More Debt
Aug 07Recent updates
Here's Why Havells India (NSE:HAVELLS) Has Caught The Eye Of Investors
Jun 10Havells India Limited (NSE:HAVELLS) Just Released Its Yearly Earnings: Here's What Analysts Think
Apr 25Havells India Limited's (NSE:HAVELLS) Shareholders Might Be Looking For Exit
Apr 12We Think Havells India (NSE:HAVELLS) Can Manage Its Debt With Ease
Mar 10Havells India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jan 19Is Now The Time To Put Havells India (NSE:HAVELLS) On Your Watchlist?
Jan 18Returns On Capital At Havells India (NSE:HAVELLS) Have Stalled
Dec 31Havells India Limited's (NSE:HAVELLS) Business Is Trailing The Market But Its Shares Aren't
Nov 25
Cables Expansion And Product Diversification To Drive Growth Amid Market Challenges
Infrastructure investments in new cable plant expansion could boost revenue and margins through increased capacity and efficiencies.Havells India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 20Here's Why We Think Havells India (NSE:HAVELLS) Is Well Worth Watching
Sep 22Havells India (NSE:HAVELLS) Looks To Prolong Its Impressive Returns
Sep 06Havells India (NSE:HAVELLS) Could Easily Take On More Debt
Aug 07Havells India Limited Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next
Jul 23Increases to Havells India Limited's (NSE:HAVELLS) CEO Compensation Might Cool off for now
Jun 22Financial Position Analysis
Short Term Liabilities: HAVELLS's short term assets (₹88.7B) exceed its short term liabilities (₹47.7B).
Long Term Liabilities: HAVELLS's short term assets (₹88.7B) exceed its long term liabilities (₹6.9B).
Debt to Equity History and Analysis
Debt Level: HAVELLS is debt free.
Reducing Debt: HAVELLS has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
Debt Coverage: HAVELLS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HAVELLS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/20 06:22 |
| End of Day Share Price | 2025/06/20 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Havells India Limited is covered by 60 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dhruv Jain | Ambit Capital |
| Manish Valecha | Anand Rathi Shares and Stock Brokers Limited |
| null null | Antique Stockbroking Ltd. |