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Fundamentals for Havells India Limited
Business Operations:
Sector: IndustrialsIndustry: 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:
With HAVELLS's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
| currentRatio | 1.70700 |
|---|---|
| forwardPE | 34.74603 |
| debtToEquity | 2.80100 |
| earningsGrowth | 0.39600 |
| revenueGrowth | 0.02500 |
| grossMargins | 0.32582 |
| operatingMargins | 0.09375 |
| trailingEps | 26.98000 |
| forwardEps | 33.92618 |
With a current ratio of 1.707, Havells India Limited has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that Havells India Limited is in a strong position to meet its immediate financial obligations without difficulty.
With a forward EPS greater than its trailing EPS, Havells India Limited is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
Over time, Havells India Limited'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:
Analysts have shown a buy bias for Havells India Limited, marking it as a favorable investment option. This could inspire investors to see Havells India Limited as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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