Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Electrical Equipment & Parts

Havells India Limited, a fast-moving electrical goods company, manufactures, trades in, and sells various consumer electrical and electronic products in India and internationally. It operates through six segments: Switchgears, Cables, Lighting and Fixtures, Electrical Consumer Durables, Lloyd Consumer, and Others. The company offers switches; switchgears, such as circuit breakers, energy savers, human safety equipment, distribution boards, surge protection devices, and control and monitoring devices, as well as magnetic contractor, thermal overload relays, and starters; lighting products; and home appliances comprising air conditioners, LED televisions, washing machines, refrigerators, air coolers and purifiers, appliances, personal grooming products, and water heaters and purifiers. It also provides flexible, power, control, and fire survival cables; fans comprising ceiling, table, pedestal, wall, ceiling mounting, personal, and domestic exhaust fans; centrifugal, mono block, submersible, borewell and sewage submersible, pressure, and shallow well jet pumps; dishwashers; air circulators; and heavy-duty exhaust fans. In addition, the company offers crane duty, smoke, brake, inverter duty, and energy efficient motors; reactive power solutions; solar rooftop on grid, solar off grid, and solar on grid inverter solutions; and power solutions, including power capacitors, IOT enabled IPFC relays, HD harmonic detuned reactors, IOT enabled APFC panels, and high PIV thyristor switches. The company offers its products under the Havells, Lloyd, Havells Crabtree, Standard, REO, and Havells Studio brands. It also exports its products approximately to 70 countries. Havells India Limited was founded in 1958 and is based in Noida, India.

Revenue projections:

Revenue projections for HAVELLS
Revenue projections for HAVELLS

HAVELLS's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 1.70700
forwardPE 36.54573
debtToEquity 2.80100
earningsGrowth 0.39600
revenueGrowth 0.02500
grossMargins 0.33062
operatingMargins 0.09212
trailingEps 26.92000
forwardEps 34.01218

Havells India Limited's current ratio being 1.707 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
HAVELLS's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in HAVELLS's earnings potential, suggesting stronger financial performance compared to the previous year.

Price projections:

Price projections for HAVELLS
Price projections for HAVELLS

Over time, HAVELLS's price projections have consistently been revised lower. This downward shift suggests analysts are becoming more cautious about the company's future, possibly due to emerging risks or challenges.

Recommendation changes over time:

Recommendations trend for HAVELLS
Recommendations trend for HAVELLS


Analysts have shown a buy bias for HAVELLS, marking it as a favorable investment option. This could inspire investors to see HAVELLS as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.