Havells India Ltd
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.
Analyst recommendations
39 analysts · consensus BuyAt a glance
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.
News & coverage
4Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
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
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
Composite-score breakdown
Synthesis
Havells India Ltd is an electrical equipment manufacturer operating in the Industrials sector, generating revenue through the sale of electrical products and appliances.
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.
- 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-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 29,28 |
| Revenue | —no estimate | —no estimate | 262,4B INR |
| Operating income | —no estimate | —no estimate | 22,6B INR |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Assetsnet_income / total_assets
- Return On Equitynet_income / total_equity
- Havells India Ltd Market data — financials · 2026-07-09