Havells India Limited engages in manufacturing of electrical equipment, wellness and consumer goods, specializing in lighting, wiring accessories, and other consumer durables. The company has grown significantly over the years, evolving into a promin…
Analysis
Middle-of-the-road
Havells India Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is expensive. You pay 119.0× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 31% yearly growth; analysts expect 15%. The market is pricing in far more than analysts expect: heroic expectations.
The trajectory is moderate and the balance sheet is sturdy. The company scores 13/20 on our value-creation score: creating some value. Analysts lean positive.
What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 20231
47
2023202420252026
All-time high
59
Jan 2025
All-time low
1
Jan 2023
Average rank
35
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
40
27
30
11
Price/Earnings
31
5
15
7
Price/Book
36
5
7
3
Dividend Yield
69
34
33
29
Value (overall)
52
9
19
9
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.