Havells India Limited (BOM:517354)
India flag India · Delayed Price · Currency is INR
1,059.50
+3.50 (0.33%)
At close: Oct 7, 2026

Havells India Stock Forecast

Stock Price Forecast

According to 36 analysts polled by S&P Global, Havells India stock has a consensus rating of "Buy" and an average price target of ₹1,361. The average 1-year stock price forecast is 28.50% higher than the current stock price, while the lowest is ₹1,097 (+3.54%) and the highest is ₹1,634 (+54.22%).

Price Target: ₹1,361 (+28.50%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,097₹1,361₹1,390₹1,634
Change+3.54%+28.50%+31.19%+54.22%

Analyst Ratings

The average analyst rating for Havells India stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy161617171717
Buy10109999
Hold766666
Sell233333
Strong Sell111111
Total363636363636

Financial Forecast

Revenue This Year
261.10B
from 225.28B
Increased by 15.90%
Revenue Next Year
297.07B
from 261.10B
Increased by 13.78%
EPS This Year
26.91
from 27.73
Decreased by -2.96%
EPS Next Year
32.62
from 26.91
Increased by 21.21%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
139.38B169.11B185.90B217.78B225.28B261.10B
Revenue Growth
33.29%21.32%9.93%17.15%3.44%15.90%
Gross Profit
45.16B51.40B59.46B70.72B73.40B84.34B
Gross Margin
32.40%30.39%31.99%32.47%32.58%32.30%
Operating Income
15.01B13.03B15.04B17.55B17.79B20.34B
Net Income
11.96B10.72B12.71B14.72B16.91B16.92B
EPS
----27.7326.91
EPS Growth
----16.81%-2.96%
Forward PE
-----39.37
Dividend / Share
7.507.509.0010.0010.0010.71
Dividend Growth
15.38%-20.00%11.11%-7.14%
Free Cash Flow
----875.40M8.53B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High271.6B
Avg261.1B
Low251.9B

Revenue Growth

Revenue Growth202720282029
High
20.6%
Avg
15.9%
Low
11.8%

EPS Forecast

EPS202720282029
High29.00
Avg26.91
Low25.10

EPS Growth

EPS Growth202720282029
High
4.6%
Avg
-3.0%
Low
-9.5%