About Havells
Havells is a company based in Noida (India) founded in 1983.. The company has 36,380 employees as of March 31, 2024. Havells has completed 1 acquisition, including Promptec Renewable Energy Solutions. Havells offers products and services including Ceiling Fans, Air Conditioners, and LED Lighting. Havells operates in a competitive market with competitors including HPL Electric & Power, KIRLOSKAR POWER EQUIPMENTS LIMITED, LHP Motors, Tech7 Automation and Centum Controls, among others.
- Headquarter Noida, India
- Employees 36380 as on 31 Mar, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Havells India Limited
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Annual Revenue
$2.54 B (USD)17.08as on Mar 31, 2024
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Net Profit
$171.96 M (USD)15.86as on Mar 31, 2024
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EBITDA
$255.61 M (USD)15.28as on Mar 31, 2024
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Latest Funding Round
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Investors
HSBC
& 4 more
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Employee Count
36380
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of Havells
Havells is a publicly listed company on the NSE with ticker symbol HAVELLS in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Havells
Havells offers a comprehensive portfolio of products and services, including Ceiling Fans, Air Conditioners, and LED Lighting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides cooling and air circulation for residential use.
Delivers cooling solutions for homes and offices.
Offers energy-efficient illumination for various settings.
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Funding Insights of Havells
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Post-IPO - Havells | Valuation |
investors |
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| May, 2012 | Amount | Debt – Conventional - Havells | Valuation |
investors |
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| Nov, 2011 | Amount | Post-IPO - Havells | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Havells
Havells has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, ICICI Bank and Standard Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location | |
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Investment in exceptional businesses within Indian public markets, focusing on small to mid-cap companies.
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Founded Year | Domain | Location | |
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Commercial bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Havells
Havells has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Promptec Renewable Energy Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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LED lighting is manufactured for renewable energy applications.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Havells
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Havells Comparisons
Competitors of Havells
Havells operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HPL Electric & Power, KIRLOSKAR POWER EQUIPMENTS LIMITED, LHP Motors, Tech7 Automation and Centum Controls, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of electrical equipment products
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| domain | founded_year | HQ Location |
Heavy electrical equipment for power sectors is manufactured.
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| domain | founded_year | HQ Location |
Manufactures energy-efficient electric motors and gears for global industrial sectors.
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| domain | founded_year | HQ Location |
Tech7 Automation offers specialized services in electrical engineering and industrial automation solutions.
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| domain | founded_year | HQ Location |
Manufactures high-quality electrical automation equipment for industrial use.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Havells
Frequently Asked Questions about Havells
When was Havells founded?
Havells was founded in 1983 and raised its 1st funding round 28 years after it was founded.
Where is Havells located?
Havells is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Havells?
Anil Rai Gupta is the current CEO of Havells.
How many employees does Havells have?
As of Mar 31, 2024, the latest employee count at Havells is 36,380.
What is the annual revenue of Havells?
Annual revenue of Havells is $2.54B as on Mar 31, 2024.
What does Havells do?
Founded in 1958, Havells India is a electrical equipment company with products ranging from industrial domestic circuit protection switchgear, cables wires, motors, fans, power capacitors, CFL, luminaries for domestic, commercial industrial applications, modular switches, water heater and domestic appliances. Havells owns brands like Crabtree, Sylvania, Concord, Lumiance and has 91 branches representative offices and 12 manufacturing plants in India.
Who are the top competitors of Havells?
Havells's top competitors include HPL Electric & Power, KIRLOSKAR POWER EQUIPMENTS LIMITED and Tech7 Automation.
What products or services does Havells offer?
Havells offers Ceiling Fans, Air Conditioners, and LED Lighting.
Is Havells publicly traded?
Yes, Havells is publicly traded on NSE under the ticker symbol HAVELLS.
How many acquisitions has Havells made?
Havells has made 1 acquisition, including Promptec Renewable Energy Solutions.
Who are Havells's investors?
Havells has 5 investors. Key investors include HSBC, ICICI Bank, Standard Bank, Elevation Capital, and Nalanda Capital.
What is Havells's ticker symbol?
The ticker symbol of Havells is HAVELLS on NSE.
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