Havells India

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• DebtHighest safetyRated AAA by CARE.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 35% and profit rose 9.7% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 59% of the company, about the same as in Sep 2025.
• ValuationCheap vs its pastThe share trades at 37.9 times its yearly earnings (P/E), cheaper than 100% of the time in the last 5 years. Its usual P/E is about 52.

Havells India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)37.9 against a typical 24.8: pricier than most peers (1st = cheapest).16th of 23
• Sales growth+34.6% against a typical +33.3% from a year earlier.10th of 21
• Profit growth+9.7% against a typical +63.5% from a year earlier.12th of 16
• Share price, 3 months−17.1% against a typical −14.9%.15th of 22
• Size₹ 64,764.4 Cr. market value against a typical ₹ 308 Cr. (1st = largest).2nd of 22

Exchange filings and their impact on the company.

• 27 Oct 2026Change in ManagementLow impactNeutralPrice +1.7% on 28 Oct
  Havells SBU head Sameer Anjaria resigned for personal reasons effective 27 Oct 2026; no operational impact disclosed.

  Havells India said its President and SBU Head, Sameer Anjaria, has resigned for personal reasons. His resignation is effective at close of business on 27 October 2026, with time allowed for handover of responsibilities. No successor or financial impact was disclosed, indicating business continuity for now.

  Full analysisFiling
• 22 Oct 2026Outcome of Board MeetingHigh impactPositivePrice +0.1% that day
  Very strong 35% revenue growth led by cables and renewables, but profits flat on Lloyd losses and margin pressure.

  Havells India reported Q2 FY27 consolidated revenue of Rs 6,432 crore, up 34.6% from last year, and half-year revenue of Rs 12,950 crore, up 26.5%. Q2 net profit was Rs 349 crore versus Rs 318 crore last year, while half-year profit was Rs 639 crore versus Rs 666 crore. Growth was led by cables up 48% and renewables up 148% to Rs 329 crore, while Lloyd still posted a Rs 106 crore loss, meaning strong sales momentum but near-term pressure on margins and profits.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Anil Rai Gupta

Executive Chairman of the Board, Chief Executive Officer, Managing Director

Rajesh Kumar Gupta

Group Chief Financial Officer, Executive Whole-Time Director

Sanjay Kumar Gupta

Senior Vice President, Compliance Officer, Company Secretary

Ameet Kumar Gupta

Executive Whole-Time Director

Siddhartha Pandit

Executive Whole-Time Director