Havells India Limited
1,075.60
INR
+4.50
(+0.42%)
ISIN
INE176B01034
Return %
Stock
S&P 500
1Y
-27.53
14.20
3Y
-16.79
81.12
5Y
-16.35
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Anil Rai Gupta
- Full Time Employees
- 35,765
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- QRG Towers Noida UP India 201304
- IPO Date
- Oct 15, 1993
- Website
- havells.com
- Similar Companies
- Business
- Havells India Limited is an Indian multinational company primarily engaged in the manufacture and distribution of a wide range of electrical equipment and consumer durables. Its core product portfolio includes industrial and domestic circuit protection devices; cables and wires; motors and pumps; fans; modular switches; air conditioners; electric water heaters; power capacitors; energy-efficient LED lamps and luminaires designed for domestic, commercial, and industrial applications. The company operates through multiple segments including switchgears, cables, lighting and fixtures, electrical consumer durables, and its Lloyd brand focused on consumer appliances. Founded in 1958 and headquartered in Noida, Uttar Pradesh, Havells commands a strong market presence across India supported by an extensive distribution network of over 4,000 distributors and approximately 230,000 retailers, with growing footprints in international markets. In recent years, Havells India Limited has pursued strategic expansions and operational enhancements to strengthen its market position. Key developments include the acquisition of the Lloyd consumer durables business, which deepened its reach into home appliances, and the commissioning of a Lloyd air conditioner manufacturing plant in Ghiloth, Rajasthan. The company continues to invest significantly in research and development with an emphasis on energy-efficient products and expanding manufacturing capacities, such as a new cables plant in Tumakuru, Karnataka. It has also evolved its sales channels through modern retail, e-commerce, and deeper penetration into semi-urban and rural areas. Financially, Havells has demonstrated robust growth with revenues increasing by over 14% year-on-year in recent fiscal periods and a corresponding rise in net profits, reflecting operational resilience amid competitive pressures. The company maintains a focus on high-quality branded products and innovation in the electrical equipment and consumer durables sectors. Havells India Limited targets diverse customer segments including residential consumers, commercial establishments, and industrial clients, leveraging its wide product range to cater to electrical infrastructure and consumer lifestyle needs. Its strategic focus on branded, premium, and energy-efficient offerings aligns with evolving market demands in India and abroad. The company’s significant manufacturing scale, R&D investments, and expanding product lines position it as a major player in the fast-moving electrical goods (FMEG) industry, with a status as one of India’s most valued electrical equipment manufacturers by market capitalization.