Havells India Limited (NSE:HAVELLS)
India flag India · Delayed Price · Currency is INR
1,023.00
-2.40 (-0.23%)
Oct 29, 2026, 10:53 AM IST

Havells India Stock Forecast

Stock Price Forecast

According to 35 analysts polled by S&P Global, Havells India stock has a consensus rating of "Buy" and an average price target of ₹1,297. The average 1-year stock price forecast is 26.79% higher than the current stock price, while the lowest is ₹1,050 (+2.64%) and the highest is ₹1,600 (+56.40%).

Price Target: ₹1,297 (+26.79%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,050₹1,297₹1,270₹1,600
Change+2.64%+26.79%+24.14%+56.40%

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 Sell111110
Total363636363635

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Hold
Maintains
₹1,220
HoldMaintains₹1,220+19.26%Oct 26, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
₹1,150
HoldMaintains₹1,150+12.41%Oct 25, 2026
Unknown Analyst
Motilal Oswal
No rating
Motilal Oswal
Hold
Maintains
₹1,013
HoldMaintains₹1,013-0.98%Oct 23, 2026

Financial Forecast

Revenue This Year
270.32B
from 225.28B
Increased by 19.99%
Revenue Next Year
302.58B
from 270.32B
Increased by 11.93%
EPS This Year
25.47
from 27.73
Decreased by -8.15%
EPS Next Year
30.69
from 25.47
Increased by 20.50%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
139.38B169.11B185.90B217.78B225.28B270.32B
Revenue Growth
33.29%21.32%9.93%17.15%3.44%19.99%
Gross Profit
45.16B51.40B59.46B70.72B73.40B85.88B
Gross Margin
32.40%30.39%31.99%32.47%32.58%31.77%
Operating Income
15.01B13.03B15.04B17.55B17.79B19.38B
Net Income
11.96B10.72B12.71B14.72B16.91B15.94B
EPS
----27.7325.47
EPS Growth
----16.81%-8.15%
Forward PE
51.7952.8961.2654.9341.0440.16
Dividend / Share
7.507.509.0010.0010.0010.81
Dividend Growth
15.38%-20.00%11.11%-8.13%
Free Cash Flow
----1.02B8.66B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High274.6B
Avg270.3B
Low265.4B

Revenue Growth

Revenue Growth202720282029
High
21.9%
Avg
20.0%
Low
17.8%

EPS Forecast

EPS202720282029
High26.80
Avg25.47
Low23.00

EPS Growth

EPS Growth202720282029
High
-3.4%
Avg
-8.1%
Low
-17.1%