Havells India Limited Logo

Havells India Limited

HAVELLS.NS

(2.5)
Stock Price

1.998,60 INR

12.23% ROA

34.96% ROE

76.29x PER

Market Cap.

897.441.390.150,00 INR

3.89% DER

0.52% Yield

6.56% NPM

Havells India Limited Stock Analysis

Havells India Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Havells India Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (19.17%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (4%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

5 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Buffet Intrinsic Value

The company's stock seems undervalued (20.435) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

7 PBV

The stock's high Price-to-Book Value (P/BV) ratio (11.65x) suggests it's overvalued, potentially making it an expensive investment.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Havells India Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Havells India Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Havells India Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Havells India Limited Revenue
Year Revenue Growth
2004 6.658.839.000
2005 11.151.364.000 40.29%
2006 15.472.190.000 27.93%
2007 50.029.300.000 69.07%
2008 54.774.900.000 8.66%
2009 54.315.300.000 -0.85%
2010 56.126.300.000 3.23%
2011 65.182.000.000 13.89%
2012 72.218.000.000 9.74%
2013 81.456.800.000 11.34%
2014 85.258.700.000 4.46%
2015 76.551.300.000 -11.37%
2016 61.076.700.000 -25.34%
2017 80.999.000.000 24.6%
2018 100.115.500.000 19.09%
2019 93.867.900.000 -6.66%
2020 103.827.300.000 9.59%
2021 138.354.500.000 24.96%
2022 169.107.300.000 18.19%
2023 156.013.200.000 -8.39%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Havells India Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 420.000.000 100%
2012 547.000.000 23.22%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Havells India Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 1.036.482.000
2005 1.655.338.000 37.39%
2006 2.048.390.000 19.19%
2007 4.906.100.000 58.25%
2008 5.684.700.000 13.7%
2009 6.028.900.000 5.71%
2010 2.907.800.000 -107.34%
2011 5.814.900.000 49.99%
2012 730.900.000 -695.58%
2013 1.470.300.000 50.29%
2014 1.710.300.000 14.03%
2015 985.700.000 -73.51%
2016 391.600.000 -151.71%
2017 557.500.000 29.76%
2018 473.700.000 -17.69%
2019 500.800.000 5.41%
2020 503.000.000 0.44%
2021 668.100.000 24.71%
2022 592.800.000 -12.7%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Havells India Limited EBITDA
Year EBITDA Growth
2004 648.616.000
2005 1.089.740.000 40.48%
2006 1.545.120.000 29.47%
2007 3.809.500.000 59.44%
2008 3.022.800.000 -26.03%
2009 3.529.500.000 14.36%
2010 5.807.900.000 39.23%
2011 6.986.800.000 16.87%
2012 6.960.500.000 -0.38%
2013 7.850.200.000 11.33%
2014 7.767.000.000 -1.07%
2015 8.823.500.000 11.97%
2016 9.598.800.000 8.08%
2017 11.505.200.000 16.57%
2018 13.285.200.000 13.4%
2019 11.678.400.000 -13.76%
2020 17.457.600.000 33.1%
2021 19.345.800.000 9.76%
2022 17.927.600.000 -7.91%
2023 16.972.400.000 -5.63%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Havells India Limited Gross Profit
Year Gross Profit Growth
2004 3.331.377.000
2005 5.330.021.000 37.5%
2006 5.911.880.000 9.84%
2007 22.902.800.000 74.19%
2008 24.704.800.000 7.29%
2009 25.135.300.000 1.71%
2010 20.373.600.000 -23.37%
2011 28.660.900.000 28.92%
2012 29.123.500.000 1.59%
2013 33.402.400.000 12.81%
2014 35.073.800.000 4.77%
2015 30.635.100.000 -14.49%
2016 22.348.800.000 -37.08%
2017 29.137.400.000 23.3%
2018 34.701.800.000 16.03%
2019 33.053.000.000 -4.99%
2020 35.973.800.000 8.12%
2021 40.796.800.000 11.82%
2022 52.052.600.000 21.62%
2023 51.936.800.000 -0.22%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Havells India Limited Net Profit
Year Net Profit Growth
2004 304.685.000
2005 632.651.000 51.84%
2006 1.021.230.000 38.05%
2007 1.609.600.000 36.55%
2008 -1.601.200.000 200.52%
2009 696.000.000 330.06%
2010 3.035.700.000 77.07%
2011 3.699.200.000 17.94%
2012 5.814.300.000 36.38%
2013 4.463.300.000 -30.27%
2014 3.854.200.000 -15.8%
2015 12.087.800.000 68.11%
2016 4.945.300.000 -144.43%
2017 6.623.700.000 25.34%
2018 7.859.800.000 15.73%
2019 7.353.500.000 -6.89%
2020 10.443.100.000 29.59%
2021 11.964.700.000 12.72%
2022 10.717.300.000 -11.64%
2023 9.963.200.000 -7.57%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Havells India Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 1
2005 1 100%
2006 2 0%
2007 3 50%
2008 -3 200%
2009 1 300%
2010 5 75%
2011 6 20%
2012 9 44.44%
2013 7 -28.57%
2014 6 -16.67%
2015 21 70%
2016 8 -185.71%
2017 11 30%
2018 13 16.67%
2019 12 -9.09%
2020 17 31.25%
2021 19 15.79%
2022 17 -11.76%
2023 16 -13.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Havells India Limited Free Cashflow
Year Free Cashflow Growth
2004 -573.482.000
2005 785.486.000 173.01%
2006 1.051.840.000 25.32%
2007 -2.227.100.000 147.23%
2008 470.000.000 573.85%
2009 1.377.500.000 65.88%
2010 546.800.000 -151.92%
2011 2.900.300.000 81.15%
2012 4.589.100.000 36.8%
2013 6.917.600.000 33.66%
2014 7.886.500.000 12.29%
2015 3.060.200.000 -157.71%
2016 5.254.200.000 41.76%
2017 -4.968.800.000 205.74%
2018 -2.000.000 -248340%
2019 4.657.800.000 100.04%
2020 1.164.450.000 -300%
2021 14.695.100.000 92.08%
2022 -228.600.000 6528.3%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Havells India Limited Operating Cashflow
Year Operating Cashflow Growth
2004 -71.002.000
2005 1.425.919.000 104.98%
2006 2.069.740.000 31.11%
2007 -239.200.000 965.28%
2008 2.198.900.000 110.88%
2009 2.913.000.000 24.51%
2010 2.575.400.000 -13.11%
2011 4.616.700.000 44.22%
2012 6.345.100.000 27.24%
2013 8.681.100.000 26.91%
2014 9.625.600.000 9.81%
2015 5.312.500.000 -81.19%
2016 7.670.800.000 30.74%
2017 10.999.300.000 30.26%
2018 5.012.800.000 -119.42%
2019 8.267.100.000 39.36%
2020 2.066.775.000 -300%
2021 17.278.300.000 88.04%
2022 5.649.300.000 -205.85%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Havells India Limited Capital Expenditure
Year Capital Expenditure Growth
2004 502.480.000
2005 640.433.000 21.54%
2006 1.017.900.000 37.08%
2007 1.987.900.000 48.8%
2008 1.728.900.000 -14.98%
2009 1.535.500.000 -12.6%
2010 2.028.600.000 24.31%
2011 1.716.400.000 -18.19%
2012 1.756.000.000 2.26%
2013 1.763.500.000 0.43%
2014 1.739.100.000 -1.4%
2015 2.252.300.000 22.79%
2016 2.416.600.000 6.8%
2017 15.968.100.000 84.87%
2018 5.014.800.000 -218.42%
2019 3.609.300.000 -38.94%
2020 902.325.000 -300%
2021 2.583.200.000 65.07%
2022 5.877.900.000 56.05%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Havells India Limited Equity
Year Equity Growth
2004 865.577.000
2005 1.760.061.000 50.82%
2006 2.624.060.000 32.93%
2007 6.902.400.000 61.98%
2008 6.147.300.000 -12.28%
2009 4.002.100.000 -53.6%
2010 6.537.400.000 38.78%
2011 9.556.100.000 31.59%
2012 14.420.400.000 33.73%
2013 16.660.100.000 13.44%
2014 18.181.800.000 8.37%
2015 25.579.000.000 28.92%
2016 32.768.200.000 21.94%
2017 37.291.600.000 12.13%
2018 42.179.900.000 11.59%
2019 43.115.600.000 2.17%
2020 51.763.000.000 16.71%
2021 60.028.900.000 13.77%
2022 66.254.500.000 9.4%
2023 68.992.400.000 3.97%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Havells India Limited Assets
Year Assets Growth
2004 3.993.362.000
2005 5.280.002.000 24.37%
2006 6.121.070.000 13.74%
2007 35.006.200.000 82.51%
2008 32.926.700.000 -6.32%
2009 30.810.400.000 -6.87%
2010 35.635.400.000 13.54%
2011 41.753.900.000 14.65%
2012 44.717.900.000 6.63%
2013 53.374.900.000 16.22%
2014 48.311.700.000 -10.48%
2015 41.419.300.000 -16.64%
2016 51.692.800.000 19.87%
2017 66.075.100.000 21.77%
2018 71.722.900.000 7.87%
2019 70.734.500.000 -1.4%
2020 88.522.600.000 20.09%
2021 105.232.100.000 15.88%
2022 111.574.400.000 5.68%
2023 110.179.500.000 -1.27%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Havells India Limited Liabilities
Year Liabilities Growth
2004 3.127.785.000
2005 3.519.941.000 11.14%
2006 3.497.010.000 -0.66%
2007 28.103.800.000 87.56%
2008 26.779.400.000 -4.95%
2009 26.806.300.000 0.1%
2010 29.092.200.000 7.86%
2011 32.196.900.000 9.64%
2012 30.296.600.000 -6.27%
2013 36.713.700.000 17.48%
2014 30.129.000.000 -21.86%
2015 15.755.900.000 -91.22%
2016 18.834.100.000 16.34%
2017 28.707.000.000 34.39%
2018 29.543.000.000 2.83%
2019 27.618.900.000 -6.97%
2020 36.759.600.000 24.87%
2021 45.203.200.000 18.68%
2022 45.319.900.000 0.26%
2023 41.187.100.000 -10.03%

Havells India Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
282.45
Net Income per Share
18.77
Price to Earning Ratio
76.29x
Price To Sales Ratio
5.06x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
13.02
EV to Sales
5.06
EV Over EBITDA
46.11
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.01
FreeCashFlow Yield
0
Market Cap
897,44 Bil.
Enterprise Value
896,93 Bil.
Graham Number
215.51
Graham NetNet
6.93

Income Statement Metrics

Net Income per Share
18.77
Income Quality
0
ROE
0.18
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.74
EBT Per Ebit
0.96
Ebit per Revenue
0.09
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.32
Operating Profit Margin
0.09
Pretax Profit Margin
0.09
Net Profit Margin
0.07

Dividends

Dividend Yield
0.01
Dividend Yield %
0.52
Payout Ratio
0
Dividend Per Share
7.5

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.16
Return on Tangible Assets
0.12
Days Sales Outstanding
11.72
Days Payables Outstanding
66.12
Days of Inventory on Hand
107.34
Receivables Turnover
31.14
Payables Turnover
5.52
Inventory Turnover
3.4
Capex per Share
0

Balance Sheet

Cash per Share
37,38
Book Value per Share
109,96
Tangible Book Value per Share
87.79
Shareholders Equity per Share
109.96
Interest Debt per Share
4.83
Debt to Equity
0.04
Debt to Assets
0.02
Net Debt to EBITDA
-0.03
Current Ratio
1.98
Tangible Asset Value
55,08 Bil.
Net Current Asset Value
25,78 Bil.
Invested Capital
0.04
Working Capital
33,10 Bil.
Intangibles to Total Assets
0.13
Average Receivables
7,90 Bil.
Average Payables
24,19 Bil.
Average Inventory
36354650000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Havells India Limited Dividends
Year Dividends Growth
2002 5
2003 8 37.5%
2004 3 -300%
2005 5 60%
2006 3 -150%
2007 3 0%
2008 3 0%
2009 3 0%
2010 4 33.33%
2011 3 -50%
2012 7 66.67%
2013 8 14.29%
2014 15 53.33%
2015 3 -400%
2016 6 50%
2017 4 -100%
2018 4 25%
2019 5 0%
2020 4 0%
2021 10 55.56%
2022 5 -125%
2023 8 42.86%

Havells India Limited Profile

About Havells India Limited

Havells India Limited, a fast-moving electrical goods company, manufactures, trades, and sells various consumer electrical and electronic products in India and internationally. It operates through six segments: Switchgears, Cables, Lighting and Fixtures, Electrical Consumer Durables, Lloyd Consumer, and Others. The company offers switches; switchgears, such as circuit breakers, energy savers, human safety equipment, distribution boards, surge protection devices, and control and monitoring devices, as well as magnetic contractor, thermal overload relays, and starters; lighting products; appliances, including cooking, food preparation, brewing, garment care, climate control appliances, and air purifiers; and power, control, fire survival cables. It also provides fans comprising ceiling, table, pedestal, wall, ceiling mounting, personal, and domestic exhaust fans; storage, instant, instantaneous gas, solar, linea online, heat, and auto immersion water heaters; centrifugal, mono block, submersible, and borewell submersible pumps; water purifiers; air conditioners; televisions; refrigerator; washing machines; dishwashers; air circulators; heavy duty exhaust fans; and air coolers. In addition, the company crane duty, smoke, brake, inverter duty, and energy efficient motors; reactive power solutions; personal grooming products; solar rooftop on grid, solar off grid, solar portables, and solar on grid inverter solutions; and power solutions, including power capacitors, IOT enabled IPFC relays, HD harmonic detuned reactors, IOT enabled APFC panels, high PIV thyristor switches, SVG and active harmonic filters, and hybrid panels. The company offers its products under the Havells, Lloyd, Crabtree, Standard, and REO brands. It also exports its products to approximately 60 countries. Havells India Limited was founded in 1958 and is based in Noida, India.

CEO
Mr. Anil Rai Gupta
Employee
6.533
Address
QRG Towers
Noida, 201304

Havells India Limited Executives & BODs

Havells India Limited Executives & BODs
# Name Age
1 Mr. Mukul Saxena
Executive Vice President & Chief Technology Officer
70
2 Mr. Narendra Kumar Choudhary
President
70
3 Mr. Saurabh Goel
President
70
4 Mr. Rajiv Goel
Executive President
70
5 Mr. Sanjay Kumar Gupta
Senior Vice President, Compliance Officer & Company Secretary
70
6 Mr. Rajesh Kumar Gupta
Director of Finance, Group Chief Financial Officer & Executive Whole-Time Director
70
7 Mr. Anil Sharma
Head of Corporate Communications, CSR & Sustainability
70
8 Mr. Anil Rai Gupta
Executive Chairman & MD
70
9 Mr. Siddhartha Pandit
Head of Legal & Whole-Time Director
70
10 Mr. Ameet Kumar Gupta
Executive Whole-Time Director
70

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