Stocx Research Club logo ×
Screener Research Unlisted Startup Funding IPO

Havells India

₹1347.5 -6.5 | 0.5%

Market Cap ₹84419 Cr.

Stock P/E 78.8

P/B 12.7

Current Price ₹1347.5

Book Value ₹ 105.7

Face Value 1

52W High ₹1405.9

Dividend Yield 0.56%

52W Low ₹ 1058.7

Havells India Research see more...

Overview Inc. Year: 1983Industry: Electric Equipment

Havells India Ltd is an electrical consumer goods company. The Company is engaged in production and dispensing equipment for domestic, business, and industrial programs. The Company operates thru segments inclusive of Cable, Switchgears, Electric Consumer Durables, Lighting & Fixtures, and Lloyd Consumer. Its merchandise range from commercial and domestic circuit protection switch gears, cables, pumps, solar products, enthusiasts, led lamps and luminaires for domestic, commercial, and business applications, modular switches, water heaters, coolers, and home equipment, air cleaner, water cleanser, air conditioner, tv, washing gadget and refrigerator masking the whole variety of household, industrial and business electrical requirements. The Company's manufacturing centers are at faridabad in haryana, alwar, ghiloth and neemrana in Rajasthan, Haridwar in Uttarakhand, Sahibabad in Uttar Pradesh, Baddi in Himachal Pradesh.

Read More..

Havells India Share Price

| |

Volume
Price

Quarterly Price

Show Value Show %

Havells India Quarterly Results

#(Fig in Cr.) Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 3175 3339 2610 3238 3664 4426 4244 3679 4128 4859
Other Income 39 37 34 33 49 44 48 44 40 47
Total Income 3214 3376 2644 3271 3713 4470 4292 3723 4167 4906
Total Expenditure 2665 2831 2255 2793 3224 3906 3883 3393 3704 4332
Operating Profit 549 545 390 478 489 564 409 331 463 574
Interest 15 24 11 11 12 19 10 7 7 10
Depreciation 64 65 62 62 66 71 72 72 75 77
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 470 456 317 405 411 474 327 252 381 487
Provision for Tax 119 153 81 102 105 122 84 65 98 129
Profit After Tax 350 304 236 302 306 352 243 187 284 358
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 350 304 236 302 306 352 243 187 284 358
Adjusted Earnings Per Share 5.6 4.9 3.8 4.8 4.9 5.6 3.9 3 4.5 5.7

Havells India Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 7248 8186 8569 7613 6156 8146 10073 9440 10457 13938 16911 16910
Other Income 28 41 50 87 138 118 129 113 187 160 178 179
Total Income 7276 8227 8620 7699 6294 8264 10202 9554 10645 14099 17088 17088
Total Expenditure 6554 7415 7816 6818 5309 7074 8850 8380 8868 12165 15290 15312
Operating Profit 722 812 803 881 985 1190 1352 1174 1777 1934 1798 1777
Interest 143 102 96 91 42 54 55 51 90 67 55 34
Depreciation 110 116 139 134 121 140 149 218 249 261 296 296
Exceptional Income / Expenses 194 0 0 862 -107 -19 0 0 0 0 0 0
Profit Before Tax 664 594 569 1520 711 977 1147 904 1438 1607 1447 1447
Provision for Tax 82 148 184 219 229 304 359 169 393 410 375 376
Profit After Tax 581 446 385 1300 482 673 788 736 1044 1196 1072 1072
Adjustments 0 0 0 -0 12 -11 -0 -0 0 0 0 0
Profit After Adjustments 581 446 385 1300 495 662 788 735 1044 1196 1072 1072
Adjusted Earnings Per Share 9.3 7.2 6.2 20.8 7.9 10.6 12.6 11.8 16.7 19.1 17.1 17.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 21% 21% 16% 9%
Operating Profit CAGR -7% 15% 9% 10%
PAT CAGR -10% 13% 10% 6%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 19% 35% 19% 25%
ROE Average 17% 20% 20% 26%
ROCE Average 23% 27% 27% 30%

Havells India Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 1442 1666 1818 3028 3277 3729 4198 4312 5176 6003 6625
Minority's Interest 0 0 0 15 9 8 0 0 0 0 0
Borrowings 742 706 226 2 0 81 41 0 394 273 0
Other Non-Current Liabilities 394 476 412 106 131 260 371 435 505 615 696
Total Current Liabilities 1879 2485 2317 1237 1575 2530 2540 2327 3054 3980 4170
Total Liabilities 4458 5332 4774 4387 5168 6608 7148 7073 9129 10870 11492
Fixed Assets 1500 1600 1541 1224 1244 2765 2904 3350 3290 3434 3621
Other Non-Current Assets 86 125 272 257 332 136 400 243 241 483 471
Total Current Assets 2872 3607 2961 2634 3234 3690 3826 3461 5597 6953 7390
Total Assets 4458 5332 4774 4387 5168 6608 7148 7073 9129 10870 11492

Havells India Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 230 472 655 371 142 592 336 705 268 355 776
Cash Flow from Operating Activities 638 868 963 513 767 1100 501 827 660 1728 565
Cash Flow from Investing Activities -143 -376 -486 35 -216 -944 188 -548 -763 -759 35
Cash Flow from Financing Activities -252 -310 -754 -621 -98 -409 -318 -716 190 -547 -907
Net Cash Inflow / Outflow 242 182 -278 -73 454 -253 372 -437 87 422 -307
Closing Cash & Cash Equivalent 472 655 379 142 592 336 705 268 355 776 465

Havells India Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 9.32 7.15 6.17 20.82 7.91 10.6 12.59 11.75 16.68 19.1 17.11
CEPS(Rs) 11.08 9.01 8.39 22.97 9.64 13.02 14.99 15.24 20.66 23.27 21.83
DPS(Rs) 1.5 3 3 6 3.5 4 4.5 4 6.5 7.5 7.5
Book NAV/Share(Rs) 23.11 26.7 29.12 48.47 52.44 59.66 67.1 68.89 82.68 95.84 105.72
Core EBITDA Margin(%) 8.68 8.57 7.99 9.92 12.8 12.87 12.06 11.15 15.09 12.65 9.52
EBIT Margin(%) 10.09 7.74 7.05 20.1 11.38 12.38 11.86 10.05 14.5 11.93 8.83
Pre Tax Margin(%) 8.3 6.6 6.04 18.96 10.75 11.73 11.31 9.51 13.65 11.45 8.5
PAT Margin (%) 7.27 4.96 4.09 16.23 7.29 8.09 7.77 7.74 9.92 8.53 6.3
Cash Profit Margin (%) 8.64 6.24 5.56 17.9 9.11 9.77 9.24 10.03 12.28 10.39 8.04
ROA(%) 13.47 9.12 7.63 28.39 10.09 11.44 11.46 10.34 12.89 11.97 9.59
ROE(%) 48.5 28.72 22.12 53.67 15.3 19.23 19.88 17.29 22.02 21.41 16.98
ROCE(%) 36.62 27.09 26.8 59.62 22.65 28.13 29.56 22.11 30.49 27.74 23.07
Receivable days 39.99 37.78 31.43 19.56 12.87 12.23 13.21 12.44 13.96 17.31 18.66
Inventory Days 61.28 57.03 55.36 50.11 49.11 56.49 63.92 72.77 77.83 72.71 71.59
Payable days 89.35 77.33 71.53 57.74 59.24 75.83 78.83 74.5 76.44 79.64 80.9
PER(x) 13.9 26 49.44 15.48 59.16 46.03 61.23 40.84 62.93 60.4 69.47
Price/Book(x) 5.6 6.97 10.48 6.65 8.93 8.18 11.49 6.97 12.7 12.04 11.24
Dividend Yield(%) 1.16 1.61 0.98 1.86 0.75 0.82 0.58 0.83 0.62 0.65 0.63
EV/Net Sales(x) 1.19 1.44 2.18 2.47 4.47 3.57 4.67 3.07 6.17 5.03 4.29
EV/Core EBITDA(x) 11.9 14.5 23.27 21.33 27.91 24.4 34.77 24.65 36.34 36.25 40.36
Net Sales Growth(%) 11.19 12.94 4.69 -11.17 -19.14 32.34 23.65 -6.29 10.77 33.29 21.32
EBIT Growth(%) 29.56 -13.67 -4.56 142.28 -53.26 36.95 16.64 -20.53 59.84 9.55 -10.24
PAT Growth(%) 57.18 -23.24 -13.65 237.41 -62.92 39.68 17 -6.64 41.97 14.57 -10.43
EPS Growth(%) 56.96 -23.24 -13.72 237.22 -61.98 33.89 18.83 -6.68 41.97 14.52 -10.45
Debt/Equity(x) 0.68 0.63 0.23 0.04 0.06 0.03 0.02 0.01 0.09 0.07 0
Current Ratio(x) 1.53 1.45 1.28 2.13 2.05 1.46 1.51 1.49 1.83 1.75 1.77
Quick Ratio(x) 0.83 0.85 0.69 1.46 1.45 0.81 0.75 0.68 0.97 1 0.88
Interest Cover(x) 5.64 6.8 6.94 17.7 17.96 19.19 21.76 18.61 16.96 25.01 27.28
Total Debt/Mcap(x) 0.12 0.09 0.02 0.01 0.01 0 0 0 0.01 0.01 0

Havells India Shareholding Pattern

# Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Promoter 59.5 59.5 59.47 59.47 59.47 59.47 59.45 59.45 59.45 59.45
FII 24.36 24.91 24.01 26.76 26.51 24.44 23.1 23.3 22.6 23.11
DII 8.59 8.08 8.29 6.23 6.36 8.25 9.06 9.81 10.51 10.37
Public 7.55 7.51 8.22 7.54 7.66 7.84 8.39 7.44 7.44 7.07
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Debtor days have increased from 79.64 to 80.9days.
  • Stock is trading at 12.7 times its book value.
  • The company has delivered a poor profit growth of 9% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Havells India News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)