Havells India Ltd (HAVELLS) — shareholding pattern, promoter holding, financials and share price
About Havells India Ltd (HAVELLS)
Havells India Ltd operates in the Consumer Electronics industry, within the Consumer Durables sector. It trades on the NSE as HAVELLS and on the BSE under scrip code 517354. Its ISIN is INE176B01034.
Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications. [1]
Havells India Limited is an integrated electricals and consumer durables company manufacturing switchgears, cables, lighting, fans, household appliances and solar products, and owning brands such as Havells, Lloyd, Crabtree, REO and Standard across domestic, commercial and industrial markets.
FY26 delivered modest top-line growth (Net Revenue Rs 22,466 crore, +3.3% YoY) while PAT improved to Rs 1,705 crore (+14.5% YoY) aided by a Rs 283 crore fair value gain on the Goldi Solar investment; EBITDA margin held around 9.9% with segment mix effects and elevated other income.
Listed peers in Consumer Electronics: Dixon Technologies (India) Ltd, PG Electroplast Ltd, IKIO Technologies Ltd, Onida Electronics Ltd, Cellecor Gadgets Ltd, CWD Ltd.
Valuation & Returns
10 Jul 2026At ₹1,188.25 a share on 10 Jul 2026, Havells India Ltd (HAVELLS) was valued at a price-to-earnings ratio of 44.14x against an industry P/E of 50.62x and a price-to-book of 7.89x on a book value of ₹150.67 per share as of Mar 2026. Solomo computes return on equity of 17.87% and return on capital employed of 23.11% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 44.14x
- Industry P/E
- 50.62x
- P/B
- 7.89x
- EPS (TTM)
- ₹26.92
- Book value / share
- ₹150.67
- ROE
- 17.87%
- ROCE
- 23.11%
- ROA
- 11.46%
- Debt / equity
- 0.03x
- Dividend yield
- 0.84%
- EBITDA margin
- 11.89%
- 52-week range
- ₹1,123.6 – ₹1,621.1
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Havells India Ltd (HAVELLS) reported revenue of ₹22,528 crore, net profit of ₹1,689 crore and earnings per share of ₹26.95. That compares with revenue of ₹21,778 crore and net profit of ₹1,470 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹6,705 crore and net profit ₹723 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 13,938 | 16,911 | 18,590 | 21,778 | 22,528 |
| Net profit (₹ cr) | 1,196 | 1,072 | 1,271 | 1,470 | 1,689 |
| EPS (₹) | 19.1 | 17.11 | 20.28 | 23.48 | 26.95 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 14.61% | 16.59% | 10.02% | 3.44% |
| Profit growth | 13.65% | 10.41% | 16.63% | 14.90% |
| Stock price CAGR | 13% | 2% | -3% | -23% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 59.35% of Havells India Ltd (HAVELLS) (down 0.03 pp QoQ), foreign institutional investors (FII) hold 15.91% and domestic institutional investors (DII) hold 18.26%. Market capitalisation was ₹74,570 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Life Insurance Corporation Of India 7.65%, Nalanda India Equity Fund Limited 4.11%, Hdfc Mutual Fund - Hdfc Focused Fund 3.49%, Icici Prudential Large Cap Fund 1.15%, Government Pension Fund Global 1.14%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 59.35% | - | 15.91% | 18.26% | 40.65% |
| Mar 2026 | 59.38% | - | 16.94% | 17.73% | 40.62% |
| Dec 2025 | 59.38% | - | 17.97% | 16.7% | 40.62% |
| Sep 2025 | 59.38% | - | 19.28% | 15.52% | 40.62% |
| Jun 2025 | 59.38% | - | 21.59% | 13.36% | 40.57% |
| Mar 2025 | 59.41% | - | 22.31% | 12.76% | 40.59% |
| Dec 2024 | 59.41% | - | 23.46% | 11.56% | 40.59% |
| Sep 2024 | 59.41% | - | 24.76% | 10.24% | 40.59% |