Havells India Limited (BOM:517354)
India flag India · Delayed Price · Currency is INR
1,177.35
-16.00 (-1.34%)
At close: Jun 19, 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 ₹1,460. The average 1-year stock price forecast is 24.02% higher than the current stock price, while the lowest is ₹1,171 (-0.54%) and the highest is ₹1,669 (+41.76%).

Price Target: ₹1,460 (+24.02%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price₹1,171₹1,460₹1,495₹1,669
Change-0.54%+24.02%+26.98%+41.76%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy171717161615
Buy777101010
Hold999777
Sell222223
Strong Sell111111
Total363636363636

Financial Forecast

Revenue This Year
260.35B
from 225.28B
Increased by 15.57%
Revenue Next Year
295.62B
from 260.35B
Increased by 13.55%
EPS This Year
28.74
from 27.73
Increased by 3.64%
EPS Next Year
33.80
from 28.74
Increased by 17.60%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
139.38B169.11B185.90B217.78B225.28B260.35B
Revenue Growth
33.29%21.32%9.93%17.15%3.44%15.57%
Gross Profit
45.16B51.40B59.46B70.72B73.40B85.56B
Gross Margin
32.40%30.39%31.99%32.47%32.58%32.86%
Operating Income
15.01B13.03B15.04B17.55B17.79B21.84B
Net Income
11.96B10.72B12.71B14.72B16.91B18.03B
EPS
----27.7328.74
EPS Growth
----16.81%3.64%
Forward PE
-----40.97
Dividend / Share
7.507.509.0010.0010.0011.40
Dividend Growth
--20.00%11.11%-13.98%
Free Cash Flow
12.13B-2.58B10.73B5.97B-708.36M11.71B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High274.0B
Avg260.4B
Low252.3B

Revenue Growth

Revenue Growth202720282029
High
21.6%
Avg
15.6%
Low
12.0%

EPS Forecast

EPS202720282029
High31.74
Avg28.74
Low26.40

EPS Growth

EPS Growth202720282029
High
14.5%
Avg
3.6%
Low
-4.8%