Havells India Limited (BOM:517354)

Havells India Financials Overview

Financials in millions INR. Fiscal year is April - March.

Revenue & Profits

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue Revenue Growth	235,906	225,278	217,781	185,900	169,107	139,385
Revenue Growth	10.10%	3.44%	17.15%	9.93%	21.32%	33.29%
Gross Profit Gross Profit Growth	75,557	73,401	70,719	59,463	51,399	45,165
Operating Income Operating Income Growth	17,144	17,787	17,546	15,041	13,031	15,010
Net Income Net Income Growth	16,332	16,906	14,723	12,708	10,717	11,965
Earnings Per Share EPS Growth	26.02	26.94	23.48	20.28	17.11	19.10
EPS Growth	15.44%	14.74%	15.79%	18.54%	-10.44%	14.51%

Revenue by Segment

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Switchgears Switchgears Growth	25,630	25,851	23,968	22,463	21,202	17,960
Cables Cables Growth	91,991	86,767	71,836	63,176	55,326	46,451
Lighting & Fixtures Lighting & Fixtures Growth	17,083	16,879	16,708	16,398	16,145	13,916
Electrical Consumer Durables Electrical Consumer Durables Growth	41,888	43,113	40,139	34,825	32,982	30,739
Lloyd Consumer Lloyd Consumer Growth	41,607	39,744	51,341	38,103	33,949	22,732
Renewables Renewables Growth	-	6,511	-	-	-	-
Other Segment Other Segment Growth	-	6,414	-	-	-	-
Other Segment (Pre-FY2027 Reporting) Other Segment (Pre-FY2027 Reporting) Growth	-	-	13,789	10,936	9,503	7,587

Cash & Debt

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Investments Cash & Investments Growth	23,418	23,418	33,591	30,230	20,380	26,987
Total Debt Total Debt Growth	2,652	2,652	3,185	3,032	2,231	6,164
Net Cash (Debt) Net Cash Growth	20,766	20,766	30,405	27,198	18,149	20,823
Net Cash Growth	-31.70%	-31.70%	11.79%	49.86%	-12.84%	56.17%
Net Cash Per Share Net Cash Per Share Growth	33.08	33.09	48.49	43.40	28.97	33.25

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Cash Flow Operating Cash Flow Growth	-	15,720	15,230	19,529	5,649	17,280
Capital Expenditures CapEx Growth	-	-14,845	-7,660	-7,861	-5,878	-2,583
Free Cash Flow Free Cash Flow Growth	-	875.4	7,571	11,668	-228.5	14,697
Free Cash Flow Growth	-	-88.44%	-35.12%	-	-	258.08%

Margins

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Gross Margin	32.03%	32.58%	32.47%	31.99%	30.39%	32.40%
Operating Margin	7.27%	7.90%	8.06%	8.09%	7.71%	10.77%
Pretax Margin	9.04%	9.81%	9.14%	9.18%	8.56%	11.53%
Profit Margin	6.92%	7.50%	6.76%	6.84%	6.34%	8.58%
FCF Margin	-	0.39%	3.48%	6.28%	-0.14%	10.54%

Dividends

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 2, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Dividend Per Share Dividend Per Share Growth	10.000	10.000	10.000	9.000	7.500	7.500
Dividend Per Share Growth	0%	0%	11.11%	20.00%	0%	15.38%
Dividend Yield	0.79%	0.84%	0.66%	0.60%	0.65%	0.67%

Valuation

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 2, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	48.44	44.18	65.11	74.72	69.48	60.33
P/FCF Ratio	903.78	853.11	126.61	81.38	-	49.12
PS Ratio	3.35	3.32	4.40	5.11	4.40	5.18

Data Sources: S&P Global Market Intelligence and Fiscal.ai Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company. Revenue segment data is provided by Fiscal.ai.

Update frequency:

Quarterly

Last checked:

Jul 28, 2026

Data Sources Report a data error