Havells India Limited

BSE: 517354 NSE: HAVELLS
Havells India Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN L31900DL1983PLC016304 Incorporated 08 August 1983 ROC Delhi HQ New Delhi, Delhi, India
Active Listed - NSE: HAVELLS · BSE: 517354 Public Limited Company consumer electronics and durables Fortune India 500 · #124 Nifty 500
Data last updated
Market Cap
₹64,702 Cr
HAVELLS · NSE
Share Price
₹1,009.90
-2.05% today
Revenue
₹22,528 Cr
FY 2025-26 · +3.4% YoY
EBITDA
₹2,196 Cr
Margin 9.8%
Net Profit
₹1,691 Cr
FY 2025-26 · +14.0% YoY
P/E (TTM)
38.1x
P/B 6.6x
ROE
19.0%
ROCE 24.7%
Debt / Equity
0.03
Interest cover 4.5x

About Havells India Limited

Data last updated:

Havells India Limited is a public limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 August 1983 and has been in existence for over 43 years.

Havells India is ranked #124 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Anil Rai Gupta and family are #94 among India's richest people (2026). Its director Surjit Kumar Gupta and family are #207 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L31900DL1983PLC016304. Its GSTIN is 07AAACH0351E1Z7 (Delhi). The company holds 57 GST registrations, of which 32 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 517354 and NSE: HAVELLS.

The company has an authorised share capital of ₹103.75 Cr and a paid-up capital of ₹62.76 Cr. It was formerly known as Havell'S India Ltd and Havell'S India Private Limited. It is led by directors including Anil Rai Gupta (Managing Director) and Siddhartha Pandit (Whole-Time Director).

Its last annual general meeting (AGM) was held on 19 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 904 9th Floor Surya Kiran Building K G Marg Connaught Place, New Delhi, Delhi, India – 110001.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹22,528 Cr, a growth of 3.4% compared to the previous year. For the same year it recorded a net profit of ₹1,691.31 Cr (net margin 7.5%) and EBITDA of ₹2,196.29 Cr (EBITDA margin 9.7%). The net worth stands at ₹9,455.47 Cr (up 13.6% YoY). Total assets are valued at ₹9,804.2 Cr (up 12.2% YoY).

The company has about 7,467 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Havells. As per MCA filings, the company has satisfied charges of ₹1,910.05 Cr on record. Court records list 759 cases involving the company, including 525 filed by the company and 234 filed against it; 236 cases are pending. The company has 55 deals on record (44 market trades, 9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹415.25 Cr; the latest was in January 2024. Its 5 peer companies in the Manufacturing industry (Cables and Wires, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is Dixon Technologies (India) Limited with revenue of ₹38,880 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 3 overdue payments to 1 micro and small supplier.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website havells.com.

Company details

CIN L31900DL1983PLC016304
Registration Number 016304
Incorporation Date 08 August 1983
ROC Delhi
Listing Status Listed - Listed on NSE (HAVELLS); Listed on BSE (517354)
Company Status Active
Date of Last AGM 19 June 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Havells India has undergone 2 name changes throughout its history. The company was previously known as Havell's India Ltd, and Havell's India Private Limited. The current legal name is Havells India Limited.

Company NameStatus
Havells India LimitedCurrent
Havell's India LtdPrevious
Havell's India Private LimitedPrevious

CIN history

Havells India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31900DL1983PLC016304, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L31900DL1983PLC016304Current
L00000DL1983PLC016304Previous
L31908DL1983PLC016304Previous
Key People
Anil Rai Gupta Managing Director Siddhartha Pandit Whole-Time Director Rajesh Kumar Gupta Whole-Time Director

Recognitions & Rankings of Havells India

Fortune India 500 2025 edition
Rank#124
Total income
₹22,621 Cr
Profit
₹1,472 Cr
Last year #131
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#59
Valuation
₹1,06,910 Cr
2023 #52 2022 #52 2021 #55
Stock market indices
Nifty 500 BSE 500

Contact details

Havells India Limited's registered office is in New Delhi, Delhi. Its website is havells.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    havells.com
  • Social Media
  • Apps
  • Registered Address
    904 9th Floor Surya Kiran Building K G Marg Connaught Place, New Delhi, Delhi, India – 110001
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Havells India Limited, buy the company report.

Comprehensive company report
Havells India Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Havells India operates one associated brand: Havells. Each brand links to its own profile.

BrandDescriptionWebsite
Havells
Electrical equipment for domestic and industrial applications is manufactured.havells.com

Business activity

The main business activities of Havells India are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Havells India Limited, buy the company report.

Financials of Havells India Limited

FY 2025-26 filings available

Havells India Limited reported revenue of ₹22,528 Cr (up 3.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹22,528 Cr
+3.4% YoY
EBITDA
₹2,196 Cr
+1.7% YoY
Profit After Tax
₹1,691 Cr
+14.0% YoY
Net Worth
₹9,455 Cr
+13.6% YoY
Total Assets
₹9,804 Cr
+12.2% YoY
Total Debt
₹265 Cr
-16.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue22,52821,77818,59016,91113,93810,4579,440
Revenue growth+3.4%+17.2%+9.9%+21.3%+33.3%+10.8%-
EBITDA2,1962,1601,8811,5081,7741,5891,060
EBITDA margin+9.8%+9.9%+10.1%+8.9%+12.7%+15.2%+11.2%
Profit before tax2,2101,9901,7071,4471,6071,438904
Net profit1,6911,4831,2631,0721,1971,015741
Net profit margin+7.5%+6.8%+6.8%+6.3%+8.6%+9.7%+7.9%
EPS (₹)26.9523.4820.2817.1119.1016.6811.75
Balance sheet
Total assets9,8048,7377,8536,9976,7045,8634,532
Net worth9,4558,3247,4476,6256,0035,1764,312
Total debt26531930322361652172.37
Cash & bank2,3643,3783,0381,8702,5481,6531,133
Net working capital3,3184,1733,6773,0862,9852,3641,226
Cash flow
Cash from operations1,5721,5231,9535651,728660827
Cash from investing(895)(305)(1,618)31.31(759)(763)(548)
Cash from financing(693)(677)(534)(907)(547)190(716)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue6,4326,5186,7055,5884,7795,4556,5444,889
Revenue growth (YoY)+34.6%+19.5%+2.5%+14.3%+5.3%-6.0%--
Other income32.6154.1631054.0991.0869.1868.7264.33
EBITDA573466729471438516757426
EBITDA margin+8.9%+7.2%+10.9%+8.4%+9.2%+9.5%+11.6%+8.7%
Depreciation129121112109106106110104
Interest4.757.469.878.939.149.3615.229.39
Profit before tax473392918408415470701377
Tax12310319410896.3112218499.38
Net profit349290723300318348517278
EPS (₹)5.574.6211.524.795.085.548.254.43
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue22,46621,74618,55016,86813,88910,4289,429
Revenue growth+3.3%+17.2%+10.0%+21.5%+33.2%+10.6%-
EBITDA2,2092,1771,8841,6241,7711,5831,059
EBITDA margin+9.8%+10.0%+10.2%+9.6%+12.8%+15.2%+11.2%
Profit before tax2,2262,0091,7101,4501,6041,432902
Net profit1,7061,5001,2661,0751,1951,010738
Net profit margin+7.6%+6.9%+6.8%+6.4%+8.6%+9.7%+7.8%
EPS (₹)27.1923.7520.3217.1619.0816.6111.71
Balance sheet
Total assets9,8038,7177,8446,9866,6905,8524,526
Net worth9,4768,3317,4386,6145,9895,1644,305
Total debt265319303223616623162
Cash & bank2,3513,3533,0151,8622,5361,6251,107
Net working capital3,2744,1153,6483,0752,9702,3511,218
Cash flow
Cash from operations1,5871,5681,9595651,745658825
Cash from investing(900)(334)(1,639)35.35(760)(763)(548)
Cash from financing(690)(696)(534)(907)(547)190(716)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue6,4176,5106,6885,5734,7675,4386,5324,882
Revenue growth (YoY)+34.6%+19.7%+2.4%+14.2%+5.2%-6.2%--
Other income32.5654.1332642.7386.2669.0668.6564.03
Total expenses5,8406,0365,9605,0944,3254,9185,7714,451
EBITDA576474728479442520761432
EBITDA margin+9.0%+7.3%+10.9%+8.6%+9.3%+9.6%+11.6%+8.8%
Depreciation128120111108105105108104
Interest4.867.359.878.939.149.3615.229.39
Profit before tax476401933405414475706382
Tax12310319810496.3112218499.38

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue6,4326,5186,7055,5884,7795,4556,5444,889
Revenue growth (YoY)+34.6%+19.5%+2.5%+14.3%+5.3%-6.0%--
Other income32.6154.1631054.0991.0869.1868.7264.33
EBITDA573466729471438516757426
EBITDA margin+8.9%+7.2%+10.9%+8.4%+9.2%+9.5%+11.6%+8.7%
Depreciation129121112109106106110104
Interest4.757.469.878.939.149.3615.229.39
Profit before tax473392918408415470701377
Tax12310319410896.3112218499.38
Net profit349290723300318348517278
EPS (₹)5.574.6211.524.795.085.548.254.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue22,52821,77818,59016,91113,93810,4579,440
Revenue growth+3.4%+17.2%+9.9%+21.3%+33.3%+10.8%-
Other income524303249290160187113
Total expenses20,33119,61816,70915,40312,1658,8688,380
Employee cost1,9841,8701,5481,2821,021891907
EBITDA2,1962,1601,8811,5081,7741,5891,060
EBITDA margin+9.8%+9.9%+10.1%+8.9%+12.7%+15.2%+11.2%
Depreciation432400338296261249218
Interest78.9772.0184.2155.0666.9290.0951.36
Profit before tax2,2101,9901,7071,4471,6071,438904
Tax520520437375410393169
Net profit1,6911,4831,2631,0721,1971,015741
Net profit margin+7.5%+6.8%+6.8%+6.3%+8.6%+9.7%+7.9%
EPS (₹)26.9523.4820.2817.1119.1016.6811.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital62.7362.6962.6762.6562.6362.6062.58
Reserves & surplus9,3938,2617,3846,5635,9405,1144,249
Shareholders' funds (net worth)9,4558,3247,4476,6256,0035,1764,312
Minority interest13.2017.180.000.000.000.000.00
Secured loans0.000.000.000.0039649240.50
Unsecured loans26531930322322129.1531.87
Total debt26531930322361652172.37
Total liabilities9,8048,7377,8536,9976,7045,8634,532
Assets
Gross block7,7186,6885,6845,0034,5644,1974,048
Net block5,3434,6523,9883,6213,4343,2903,350
Capital work in progress44311829916657.2189.9186.13
Investments88810.9820.002014263060.00
Inventories4,4414,0473,4093,7092,9682,6201,872
Sundry debtors7901,2581,165974766564242
Cash & bank balances2,3643,3783,0381,8702,5481,6531,133
Loans & advances231187288333171178235
Total current assets7,8258,8717,9006,8856,4535,0143,481
Total current liabilities4,5074,6974,2223,7993,4682,6502,255
Net working capital3,3184,1733,6773,0862,9852,3641,226
Total assets9,8048,7377,8536,9976,7045,8634,532
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash807266465776355268705
Net cash from operating activities1,5721,5231,9535651,728660827
Net cash from investing activities(895)(305)(1,618)31.31(759)(763)(548)
Net cash from financing activities(693)(677)(534)(907)(547)190(716)
Net change in cash(16.63)541(199)(311)42186.92(437)
Closing cash2,3643,3783,0381,8702,5481,6531,133
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+3.4%+17.2%+9.9%+21.3%+33.3%+10.8%-
EBITDA growth+1.7%+14.8%+24.7%-15.0%+11.6%+49.9%-
PBT growth+11.0%+16.6%+18.0%-9.9%+11.8%+59.0%-21.2%
Net income growth+14.0%+17.4%+17.9%-10.4%+17.9%+37.1%-
Revenue CAGR (3Y)+10.0%+16.0%+21.1%+21.5%+11.4%+8.8%+15.3%
EBITDA CAGR (3Y)+13.4%+6.8%+5.8%+12.5%+14.4%+17.2%+14.5%
Profitability & leverage
Net income margin+7.5%+6.8%+6.8%+6.3%+8.6%+10.0%+7.8%
Return on capital employed+24.7%+24.9%+24.1%+21.9%+26.6%+29.4%+21.5%
Return on net worth+19.0%+18.7%+18.1%+17.0%+21.4%+22.0%+17.3%
Debt / equity0.030.040.040.070.100.060.02
Long-term debt / equity0.020.030.030.050.080.040.00
Interest cover4.484.095.464.544.426.726.10
Efficiency & per share
Fixed asset turnover3.133.523.483.543.182.542.53
Inventory turnover5.315.845.225.074.994.664.98
Debtors turnover22.0017.9717.3819.4420.9625.9729.13
EPS (₹)26.9523.4820.2817.1119.1016.6811.75
Dividend per share (₹)10.0010.009.007.507.506.504.00
Book value per share (₹)150.73132.78118.82105.7595.8582.6968.90
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue6,4176,5106,6885,5734,7675,4386,5324,882
Revenue growth (YoY)+34.6%+19.7%+2.4%+14.2%+5.2%-6.2%--
Other income32.5654.1332642.7386.2669.0668.6564.03
Total expenses5,8406,0365,9605,0944,3254,9185,7714,451
EBITDA576474728479442520761432
EBITDA margin+9.0%+7.3%+10.9%+8.6%+9.3%+9.6%+11.6%+8.8%
Depreciation128120111108105105108104
Interest4.867.359.878.939.149.3615.229.39
Profit before tax476401933405414475706382
Tax12310319810496.3112218499.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue22,46621,74618,55016,86813,88910,4289,429
Revenue growth+3.3%+17.2%+10.0%+21.5%+33.2%+10.6%-
Other income524302249177160188112
Total expenses20,25619,56916,66615,24412,1188,8458,370
Employee cost1,9611,8521,5411,2751,015885900
EBITDA2,2092,1771,8841,6241,7711,5831,059
EBITDA margin+9.8%+10.0%+10.2%+9.6%+12.8%+15.2%+11.2%
Depreciation429399338296261249218
Interest78.4971.8284.1454.9666.7589.9751.20
Profit before tax2,2262,0091,7101,4501,6041,432902
Tax520520437375409392169
Net profit1,7061,5001,2661,0751,1951,010738
Net profit margin+7.6%+6.9%+6.8%+6.4%+8.6%+9.7%+7.8%
EPS (₹)27.1923.7520.3217.1619.0816.6111.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital62.7362.6962.6762.6562.6362.6062.58
Reserves & surplus9,4148,2687,3766,5525,9265,1024,242
Shareholders' funds (net worth)9,4768,3317,4386,6145,9895,1644,305
Secured loans0.000.000.000.0039649240.50
Unsecured loans265319303223221131122
Total debt265319303223616623162
Total liabilities9,8038,7177,8446,9866,6905,8524,526
Assets
Gross block7,6916,6605,6835,0024,5644,1964,048
Net block5,3184,6273,9883,6213,4343,2903,349
Capital work in progress44311829916657.2189.9186.13
Investments95674.0341.182014283081.63
Inventories4,3984,0073,4093,7082,9682,6201,872
Sundry debtors7821,2541,157971765560241
Cash & bank balances2,3513,3533,0151,8622,5361,6251,107
Loans & advances229185285329165176234
Total current assets7,7608,7987,8666,8716,4344,9813,454
Total current liabilities4,4864,6834,2183,7963,4642,6292,236
Net working capital3,2744,1153,6483,0752,9702,3511,218
Total assets9,8038,7177,8446,9866,6905,8524,526
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash782243457764327242681
Net cash from operating activities1,5871,5681,9595651,745658825
Net cash from investing activities(900)(334)(1,639)35.35(760)(763)(548)
Net cash from financing activities(690)(696)(534)(907)(547)190(716)
Net change in cash(3.60)538(214)(307)43784.48(439)
Closing cash2,3513,3533,0151,8622,5361,6251,107
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+3.3%+17.2%+10.0%+21.5%+33.2%+10.6%-
EBITDA growth+1.5%+15.6%+16.0%-8.3%+11.9%+49.5%-
PBT growth+10.8%+17.5%+17.9%-9.6%+12.0%+58.8%-21.3%
Net income growth+13.7%+18.5%+17.7%-10.0%+18.3%+36.9%-
Revenue CAGR (3Y)+10.0%+16.1%+21.2%+21.4%+11.3%+8.6%+15.4%
EBITDA CAGR (3Y)+10.8%+7.1%+6.0%+15.3%+13.1%+14.7%+12.3%
Profitability & leverage
Net income margin+7.6%+6.9%+6.9%+6.4%+8.6%+10.0%+7.8%
Return on capital employed+24.9%+25.1%+24.2%+22.0%+26.6%+29.3%+21.5%
Return on net worth+19.2%+18.9%+18.1%+17.1%+21.4%+22.0%+17.3%
Debt / equity0.030.040.040.070.110.080.03
Long-term debt / equity0.020.030.030.050.080.060.02
Interest cover4.414.045.454.144.426.756.09
Efficiency & per share
Fixed asset turnover3.133.523.473.533.172.532.51
Inventory turnover5.355.865.215.054.974.644.97
Debtors turnover22.0818.0417.4319.4320.9626.0329.12
EPS (₹)27.1923.7520.3217.1619.0816.6111.71
Dividend per share (₹)10.0010.009.007.507.506.504.00
Book value per share (₹)151.06132.89118.69105.5895.6282.5068.79

To see the full year-wise statements and ratios of Havells India Limited, buy the company report.

Board of directors of Havells India Limited

Havells India has 14 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Siddhartha PanditWhole-Time Director29 May 20197 Years 4 MonthsCurrent
Jalaj Ashwin Dani
Also directs: Cronus Merchandise LLP, Greenlam Industries Limited, Resins and Plastics Limited and 5 more
Director16 Aug 20179 Years 2 MonthsCurrent
Upendra Kumar Sinha
Also directs: Nippon Life India Asset Management Limited, Sis Limited, New Delhi Television Limited and 3 more
Director01 Mar 20188 Years 7 MonthsCurrent
Rajesh Kumar Gupta
Also directs: RMR Jack Advisors LLP
Whole-Time Director21 Mar 199234 Years 7 MonthsCurrent
Anil Rai Gupta
Also directs: QRG Advisors LLP, QRG Enterprises Limited., QRG Investments and Holdings Limited and 1 more
Managing Director30 Sep 199234 Years 0 MonthsCurrent
Prasada Rao Bontha
Also directs: Cupid Limited, Titagarh Rail Systems Limited, Power Mech Projects Limited and 2 more
Director12 May 20206 Years 5 MonthsCurrent
Showing 6 of 14 current directors. View all directors

Peer comparison

Havells India Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cables and Wires, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dixon Technologies (India) Limited₹38,880 Cr (FY 2025)119.0%Noida, Uttar Pradesh, India
Padget Electronics Private Limited₹27,964 Cr (FY 2025)187.0%Noida, Uttar Pradesh, India
Polycab India Limited₹22,616 Cr (FY 2025)24.0%Panchamahal, Gujarat, India
Havells India Limitedthis company₹22,528 Cr (FY 2026)₹1,691.31 Cr7.5%3.4%7,467New Delhi, Delhi, India
Exide Industries Limited₹17,351 Cr (FY 2025)3.0%Kolkata, West Bengal, India
Motherson Sumi Wiring India Limited₹9,332.2 Cr (FY 2025)12.0%Mumbai, Maharashtra, India

To see the full peer comparison of Havells India Limited, buy the company report.

Auditor

Havells India Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Price Waterhouse & Co Chartered Accountants LLPFY 2025304026E/E-300009

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 59.40%, foreign institutional investors hold 15.90%, domestic institutional investors hold 18.30% and retail and other public shareholders hold 6.50%.

Promoters: 59.40%DII (Domestic Institutional): 18.30%FII (Foreign Institutional): 15.90%Retail & Others: 6.50%
Sep 2026
QUARTER
59.40% Promoters
18.30% DII (Domestic Institutional)
15.90% FII (Foreign Institutional)
6.50% Retail & Others
Promoter holding - history
Now 59.40% · Sep 2026High 59.40% · Dec 2025Low 59.40% · Dec 2025
58%58.8%59.5%60.3%61%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 59.40%Mar 2026: 59.40%Jun 2026: 59.40%Sep 2026: 59.40%59.40%59.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters59.40%59.40%59.40%59.40%
Public40.60%40.60%40.60%40.60%

Charges & borrowings

Open charges
None
Satisfied charges
₹1,910.05 Cr
Breakdown by lending institutions
Citi Bank N.A.₹550.00 Cr
Canara Bank₹500.47 Cr
Hdfc Bank Limited₹350.00 Cr
Axis Trustee Services Limited₹174.72 Cr
Hsbc Bank (Mauritius) Limited₹108.78 Cr
Others₹226.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jun 2020100355624Hdfc Bank Limited₹350 CrSatisfied
29 Jun 2020100360095Citi Bank N.A.₹250 CrSatisfied
06 Nov 2017100137412Citi Bank N.A.₹300 CrSatisfied
11 Jul 201310441530The Hongkong and Shanghai Banking Corporation Limited₹108.78 CrSatisfied
29 Mar 201310420057Hsbc Bank (Mauritius) Limited₹108.78 CrSatisfied

To see the full charge records of Havells India Limited, buy the company report.

Total charge records: 27 View all charges

Deals & funding

Havells India Limited has 55 deals on record (44 market trades, 9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹415.25 Cr; the latest was in January 2024.

Total deals
55
Market trades
44
Secondary share transfers
9
Funding rounds
2
Disclosed funding
₹415.25 Cr

Deals on record (5 of 55)

WhenDealAmountParties
Jan 2024Market trade₹53.88 CrBuyer: 2 individuals
Seller: an individual
Jun 2023Market trade₹40.28 CrBuyer: Oppenheimer Developing Market Fund
Seller: Oppenheimer Emerging Markets Innovators Fund
Nov 2022Market trade₹63.95 CrBuyer: an individual
Seller: an individual
Dec 2009Market trade₹35.84 CrBuyer: Opg Securities Private Limited
Seller: Opg Securities Private Limited
Aug 2004Market trade₹2.44 CrBuyer: Hem-Kanak Mercantile Private Limited , an individual
Seller: Hem-Kanak Mercantile Private Limited , an individual

To see the full deal history of Havells India Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Havells India Limited was last rated by Care on 06 Jul 2026.

Rating agencyRated onRating
Care06 Jul 2026

To see the full credit ratings and regulatory alerts of Havells India Limited, buy the company report.

MSME payment delays

Havells India Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 3 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Mica Industries Limited

To see the full MSME payment records of Havells India Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Havells India Limited has a workforce of 7,467 employees on its EPFO records as of Jan 19, 2026, across 15 active EPFO establishments.

Employee count
7,467
Active EPFO establishments
15
Employee growth
-2.51%

GST

Havells India has 57 GST registrations: 32 active and 25 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
57
Active
32
Cancelled / inactive
25
GSTINStateStatusRegistered on
07AAACH0351E1Z7DelhiActive01 Jul 2017
07AAACH0351E1CIDelhiActive02 Jun 2020
02AAACH0351E2ZGHimachal PradeshActive01 Jul 2017
03AAACH0351E1ZFPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Havells India Limited, buy the company report.

Recent activity

Havells India Limited has 49 board changes on record since 1983: 33 appointments and 16 cessations. The latest: Varun Berry was appointed as Additional Director on 22 Apr 2026.

AGM
Havells India Limited last Annual general meeting of members was held on 19 Jun 2026 as per latest MCA records.
Appointed
Varun Berry was appointed as Additional Director.
Filing
Havells India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi Ii.
Appointed
Bhavna Banerjee was appointed as Deputy Nodal Officer.
Charges
A charge registered on 29 Jun 2020 via Charge ID 100360095 with Citi Bank N.A. was fully satisfied on 25 Jul 2022.
Charges
A charge registered on 29 Jun 2020 via Charge ID 100355624 with Hdfc Bank Limited was fully satisfied on 11 May 2022.
Charges
A charge registered on 17 Jan 1997 via Charge ID 90063916 with Canara Bank was fully satisfied on 28 Mar 2022.
Ceased
Pratima Ram ceased to be Director.
Appointed
Ashish Bharat Ram was appointed as Director.
Appointed
Namrata Kaul was appointed as Director.
Charges
A charge registered on 06 Nov 2017 via Charge ID 100137412 with Citi Bank N.A. was fully satisfied on 08 Jan 2021.
Ceased
Vellayan Subbiah ceased to be Director.

108 earlier events are in the company report.

News

Havells: HSBC on Havells India Maintains Buy, Target Price ₹1,400; Q2 revenue beat expectations, with profit broadly in line, although cables and wires weighed on margins. Management indicated that further price hikes of around 5–7% across products may be required in Q3FY27.
23 Oct 2026 · Exchange Update
Havells: Nomura on Havells India Maintains Neutral, Target Price ₹1,232; Q2FY27 EBITDA beat estimates, but rising competition remains a margin headwind despite price hikes supporting growth. The stock trades at 32x FY28F EPS, which Nomura considers fairly valued.
23 Oct 2026 · Exchange Update
Havells: Jefferies on Havells India Maintains Hold, Target Price ₹1,220; September-quarter sales rose 35% YoY, driven by cables and wires, switchgears and a low base in room air conditioners, while PAT grew 11% in line with estimates. Operating margin remained at 9%, supported by price hikes averaging 10–15% over 12 months; a further 5–7% hike is being evaluated for December quarter. Jefferies expects 15% FY27–29 PAT CAGR.
23 Oct 2026 · Exchange Update
Havells: Lloyd's Profit Margins Stay Low Due To Rising Raw Material Costs And Seasonal Low Sales, With Price Hikes Anticipated As The Season Starts In Q3 And Q4.
23 Oct 2026 · Exchange Update
HAVELLS: Rs. 41.77 Crores BSE Block Trade; for ~ 411,062 Shares, at Rs. 1016.10
23 Oct 2026 · Exchange Update
HAVELLS: Q2 SL NET PROFIT 3.53B RUPEES VS 3.17B (YOY); EST 3.52B
22 Oct 2026 · Exchange Update

Frequently asked questions

Havells India is an active public limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 August 1983 (43+ years old) and is registered under CIN L31900DL1983PLC016304. Listed on BSE: 517354 and NSE: HAVELLS.

Havells India reported revenue of ₹22,528 Cr for FY 2025-26 (up 3.4% YoY) based on consolidated financials.

Havells India has 14 current directors:

The latest financial statements of Havells India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 June 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Havells India is 07AAACH0351E1Z7, registered in Delhi. The company has 57 GST registrations in all, of which 32 are active and 25 are cancelled or inactive. Other active GSTINs include 07AAACH0351E1CI (Delhi), 02AAACH0351E2ZG (Himachal Pradesh), 03AAACH0351E1ZF (Punjab).

The CIN (Corporate Identification Number) of Havells India is L31900DL1983PLC016304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Havells India is a listed company as per MCA records. Its shares are listed on both BSE (code: 517354) and NSE (symbol: HAVELLS).

Havells India has 759 court cases on record: 525 filed by the company and 234 filed against it. 236 are pending. Most are in the district courts.

Havells India was incorporated on 08 August 1983, making it 43+ years old. It is registered with the Registrar of Companies, Delhi.

Havells India has 55 deals on record (44 market trades, 9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹415.25 Cr; the latest was in January 2024.

The peers of Havells India by revenue are Dixon Technologies (India) Limited, Padget Electronics Private Limited, Polycab India Limited, Exide Industries Limited, Motherson Sumi Wiring India Limited, all in the Manufacturing industry (Cables and Wires, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Varun Berry was appointed as Additional Director on 22 Apr 2026. Bhavna Banerjee was appointed as Deputy Nodal Officer on 28 Sep 2024. Pratima Ram ceased to be Director on 30 Jun 2021. Havells India has 49 board changes on record in total.