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HVEL.NS NSE (India) Unclassified

Havells India Ltd

$1 211,00
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LatestP&G Hygiene India profit plunges 34% on weak sales and rising costs
Last 30 days
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Mcap
P/E
EV / Rev
Div yield
0,85 %
Op margin
7,7 %
ROE
17,9 %
Net margin
7,5 %
Debt / equity
0,03
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Havells India Ltd is an electrical equipment manufacturer operating in the Industrials sector, generating revenue through the sale of electrical products and appliances.

Business. Havells India Ltd is an electrical equipment manufacturer operating in the Industrials sector, generating revenue through the sale of electrical products and appliances.

Classification20 %
SectorUnclassified
Generated · model-assisted
Sell-side consensus
BUY39 analysts
27 buy9 hold3 sell
Avg 12m price target1 518,52

Analyst recommendations

39 analysts · consensus Buy
Buy27
Hold9
Sell3
12-month price target
1 518,52
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
39 analysts · indicative
Ownership
not yet wired
Profitability
17,9 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

4
  • MARKETSP&G Hygiene India profit plunges 34% on weak sales and rising costs2026-07-29
  • MARKETSCipla Q1 profit plunges 39% to ₹789 crore2026-07-23
  • MARKETSTransformers & Rectifiers Q1 profit slips on raw material costs2026-07-21
  • MARKETSHavells India Q1 profit falls 17% on input costs despite revenue growth2026-07-17
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    low
    Asian Markets Data Surge
    36 posts

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    Havells India Ltd (HVEL.NS) has experienced no material changes in its fundamental profile or market signals during the recent analysis period. A comprehensive review of 17 key fields confirmed that the company’s status remains static compared to prior assessments, with no new developments recorded in executive leadership, analyst coverage, or index memberships. The absence of activity is further underscored by a complete lack of watcher signals and cross-source dispatches. Data from late June through mid-July 2026 shows zero daily dispatch counts and null sentiment readings, indicating a period of quiet market attention for the stock. This stability aligns with the company’s current structural metrics, which show no registered officers, analysts, or top holders in the available dataset. The lack of new information suggests that Havells India Ltd is not currently the subject of significant news flow or strategic shifts that would alter its investment thesis. While broader market narratives such as the "Asian Markets Data Surge" are active with high intensity scores, Havells India Ltd does not appear to be a focal point within this specific saga. Investors should note that the current lack of material change implies that any future valuation adjustments will likely depend on new catalysts rather than existing momentum.

    Signals & dispatch

    peak dispatch · 2026-07-17

    Composite-score breakdown

    Synthesis

    Business

    Havells India Ltd is an electrical equipment manufacturer operating in the Industrials sector, generating revenue through the sale of electrical products and appliances.

    Classification20 %
    SectorUnclassified
    AI synthesis
    GENERATED

    Havells India Ltd maintains a conservative capital structure characterized by minimal leverage and strong liquidity. The company reports a debt-to-equity ratio of 0.03, indicating negligible reliance on long-term debt relative to shareholder equity. With a current ratio of 1.71, the firm holds sufficient short-term assets to cover its immediate liabilities. The balance sheet reflects total equity of INR 94.55 billion against total liabilities of INR 52.91 billion, providing a substantial equity cushion. Cash and equivalents stand at INR 7.53 billion, while long-term debt is limited to INR 2.65 billion. This low-debt profile suggests a low liquidity risk, as confirmed by the risk assessment, allowing the company to fund operations without significant refinancing pressure.

    Profitability metrics indicate efficient capital utilization, with a return on equity (ROE) of 17.88% and a return on assets (ROA) of 11.46%. These returns suggest that the company generates substantial income relative to its asset base and equity capitalization. The gross profit of INR 72.36 billion on revenue of INR 225.28 billion implies a gross margin of approximately 32.1%, reflecting pricing power or efficient cost management in its manufacturing and distribution processes. Operating income of INR 17.34 billion further demonstrates strong operational leverage, converting a significant portion of gross profit into operating earnings. While cohort median comparisons are not provided in the input data, the absolute levels of ROE and ROA are indicative of a mature, profitable business model within the electrical equipment industry.

    Havells India Ltd (HVEL.NS) has experienced no material changes in its fundamental profile or market signals during the recent analysis period. A comprehensive review of 17 key fields confirmed that the company’s status remains static compared to prior assessments, with no new developments recorded in executive leadership, analyst coverage, or index memberships. The absence of activity is further underscored by a complete lack of watcher signals and cross-source dispatches. Data from late June through mid-July 2026 shows zero daily dispatch counts and null sentiment readings, indicating a period of quiet market attention for the stock. This stability aligns with the company’s current structural metrics, which show no registered officers, analysts, or top holders in the available dataset. The lack of new information suggests that Havells India Ltd is not currently the subject of significant news flow or strategic shifts that would alter its investment thesis. While broader market narratives such as the "Asian Markets Data Surge" are active with high intensity scores, Havells India Ltd does not appear to be a focal point within this specific saga. Investors should note that the current lack of material change implies that any future valuation adjustments will likely depend on new catalysts rather than existing momentum.

    Key takeaways
    • Havells India Ltd exhibits a strong balance sheet with a debt-to-equity ratio of 0.03 and a current ratio of 1.71.
    • The company generates robust returns, with an ROE of 17.88% and an ROA of 11.46%.
    • Dilution risk is low, as evidenced by identical basic and diluted share counts of 627.56 million.
    • Liquidity risk is assessed as low, supported by INR 7.53 billion in cash and equivalents.
    • Segment and geographic data are absent, limiting analysis of revenue concentration and regional exposure.
    • Historical growth trends cannot be evaluated due to the lack of multi-period financial data.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $1 211,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $94.55B
    Net cash
    $4.88B
    Current ratio
    1.7
    Debt / equity
    0.0
    ROA
    11.5%
    ROE
    17.9%
    Cash conversion
    93.0%
    CapEx / revenue
    -6.6%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Electrical Wiring & Cabling
    low · llm_fanout_v2
    Lighting
    low · llm_fanout_v2
    Lighting Components
    low · llm_fanout_v2
    Wiring Devices & Switches
    low · llm_fanout_v2

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    29,28
    Predicted surprise
    -0,01
    Beat probability
    45 %
    Analysts
    39
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-06 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate29,28
    Revenueno estimateno estimate262,4B INR
    Operating incomeno estimateno estimate22,6B INR
    Full-year consensus mean (period as reported by source) · consensus in INR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution39 analysts
    Strong buy10
    Buy17
    Hold9
    Sell3
    Strong sell0
    12-month price target$1 518,52 · Median $1 556,00
    Low $1 171,00High $1 765,00
    Operating income · consensus22,6B INR
    EPS surprise
    −5,5 %
    reported vs consensus · miss
    Revenue surprise
    −14,1 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$1 171,00
    Mean$1 518,52
    Median$1 556,00
    High$1 765,00
    Spot$1 211,00
    +25.4 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin7,7 %Above median
    Net Margin7,5 %Above median
    ROE17,9 %Above P75
    Capex / Rev-6,6 %Below median
    D/E0,03Above P75
    Cash Conv0,93Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Assets
      net_income / total_assets
    • Return On Equity
      net_income / total_equity
    Source documents
    • Havells India Ltd Market data — financials · 2026-07-09

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    HVEL.NSCanonical
    NSE (India) · USD

    Intel & risk

    PredictorBeat prob45 %Surprise-0,01Full forecast →
    peak dispatch · 2026-07-17
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage