Havells India Limited (BOM:517354)

Havells India Income Statement

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

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue	252,433	225,278	217,781	185,900	169,107	139,385
Revenue Growth	16.50%	3.44%	17.15%	9.93%	21.32%	33.29%
Cost of Revenue	173,837	151,877	147,062	126,437	117,708	94,220
Gross Profit	78,596	73,401	70,719	59,463	51,399	45,165
Selling, General & Admin	28,820	26,256	25,247	21,251	17,515	10,207
Other Operating Expenses	26,820	25,020	23,485	19,609	17,708	17,340
Operating Expenses	60,331	55,614	53,173	44,422	38,368	30,155
Operating Income	18,265	17,787	17,546	15,041	13,031	15,010
Interest Expense	-255.5	-318.4	-355.4	-336	-278.4	-471.7
Interest & Investment Income	1,401	1,401	2,256	1,849	1,232	1,045
Earnings From Equity Investments	249.6	297.8	-	-	-	-
Currency Exchange Gain (Loss)	380.9	380.9	389.2	336.7	221.3	327.8
Other Non Operating Income (Expenses)	-96.6	137.4	140.3	80.3	265.6	158.5
EBT Excluding Unusual Items	19,944	19,686	19,976	16,971	14,472	16,069
Gain (Loss) on Sale of Investments	2,420	2,420	-90.3	-	-	9.7
Gain (Loss) on Sale of Assets	-12.2	440.5	-151	102.7	-1.4	-14.3
Other Unusual Items	-450.3	-450.3	-	-	-1,125	1.5
Pretax Income	21,901	22,096	19,905	17,074	14,471	16,066
Income Tax Expense	5,278	5,203	5,203	4,366	3,753	4,101
Earnings From Continuing Operations	16,624	16,893	14,702	12,708	10,717	11,965
Net Income to Company	16,624	16,893	14,702	12,708	10,717	11,965
Minority Interest in Earnings	13.7	13.1	20.2	-	-	-
Net Income	16,637	16,906	14,723	12,708	10,717	11,965
Net Income to Common	16,637	16,906	14,723	12,708	10,717	11,965
Net Income Growth	13.73%	14.83%	15.86%	18.57%	-10.43%	14.57%
Shares Outstanding (Basic)	627	627	627	627	626	626
Shares Outstanding (Diluted)	628	627	627	627	627	626
Shares Change	0.11%	0.07%	0.05%	0.03%	0.04%	0.04%
EPS (Basic)	26.52	26.95	23.49	20.28	17.11	19.11
EPS (Diluted)	26.50	26.94	23.48	20.28	17.11	19.10
EPS Growth	13.60%	14.74%	15.79%	18.54%	-10.44%	14.51%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	3,459	875.4	7,571	11,668	-228.5	14,697
Free Cash Flow Per Share	5.51	1.40	12.07	18.62	-0.36	23.47
Dividend Per Share	6.000	10.000	10.000	9.000	7.500	7.500
Dividend Growth	-40.00%	0%	11.11%	20.00%	0%	15.38%
Gross Margin	31.14%	32.58%	32.47%	31.99%	30.39%	32.40%
Operating Margin	7.24%	7.90%	8.06%	8.09%	7.71%	10.77%
Profit Margin	6.59%	7.50%	6.76%	6.84%	6.34%	8.58%
Free Cash Flow Margin	1.37%	0.39%	3.48%	6.28%	-0.14%	10.54%
EBITDA	22,048	21,194	20,630	17,665	15,412	17,117
EBITDA Margin	8.73%	9.41%	9.47%	9.50%	9.11%	12.28%
D&A For EBITDA	3,783	3,407	3,084	2,623	2,381	2,108
EBIT	18,265	17,787	17,546	15,041	13,031	15,010
EBIT Margin	7.24%	7.90%	8.06%	8.09%	7.71%	10.77%
Effective Tax Rate	24.10%	23.55%	26.14%	25.57%	25.94%	25.53%
Revenue as Reported	256,690	230,222	220,813	188,390	170,884	140,989
Advertising Expenses	-	6,066	6,244	5,274	4,374	-

Data Source: S&P Global Market Intelligence Last updated: Oct 22, 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.

Update frequency:

Quarterly

Last checked:

Oct 28, 2026

Data Sources Report a data error