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

Investors may react cautiously to news that HAVELLS's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 1.85800
forwardPE 45.74584
debtToEquity 3.81900
earningsGrowth 0.15700
revenueGrowth 0.20200
grossMargins 0.32922
operatingMargins 0.09894
trailingEps 23.47000
forwardEps 31.16000

HAVELLS's current ratio is 1.858, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as HAVELLS should not face any issues meeting its short-term liabilities with available resources.
Positive earnings and revenue growth for HAVELLS suggest that the company is expected to grow its business. This trend reflects strong financial performance, with continued profitability and sales increases indicating a bright outlook for future expansion.
HAVELLS's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting HAVELLS to generate stronger earnings compared to the previous financial year.

Price projections:

Price projections for HAVELLS
Price projections for HAVELLS

HAVELLS's price projections have steadily risen over time, pointing to increasing optimism about the company's prospects. This upward revision suggests that analysts expect HAVELLS to continue delivering solid performance in the future.

Recommendation changes over time:

Recommendations trend for HAVELLS
Recommendations trend for HAVELLS


The recent buy bias for HAVELLS from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see HAVELLS as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.