Havells India Ltd

Havells India announced that the company has been issued an offer for allotment of additional Land measuring 1,58,200 square metres by the Rajasthan State Industrial Development & Investment Corporation (RIICO), Alwar. The proposed allotment of land parcel is adjacent to the existing manufacturing facility of the company at Alwar. The company plans to enhance its manufacturing capacity of cables at its Alwar plant. Powered by Capital Market - Live

Profit before tax stood at Rs 474.56 crore in the first quarter of FY26, down 14.13% year-on-year from Rs 552.67 crore reported in the same quarter of the previous fiscal year. EBITDA for the June 2025 quarter declined 9.8% to Rs 520 crore, compared to Rs 576 crore reported in Q1 FY25. The EBITDA margin also narrowed to 9.6%, down from 9.9% in the corresponding quarter of the previous year. The company attributed the decline in profitability to a tepid summer season this year, in stark contrast to a strong cooling season last year, which led to a significant drop in demand for cooling products. While consumer demand remained subdued, the industrial and infrastructure segments continued to maintain their growth momentum. The company also noted that a continued focus on cost discipline resulted in modest growth in expenses, which helped contain the overall impact of revenue decline on net profitability. On the segmental front, revenue from the electrical consumer durables (ECD) segment stood at Rs 906 crore, down 14.1% YoY, as unseasonal rains and a shorter summer season impacted demand for fans and air coolers. Switchgear revenue rose to Rs 630 crore, up 9.3% YoY, while the cable business recorded strong growth with revenue of Rs 1,933 crore, up 27.1% YoY, supported by robust volume growth, capacity expansion, and strong industrial and infrastructure demand. Revenue from the lighting and fixtures segment stood at Rs 374 crore, down 3.1% YoY, primarily due to approximately 10% YoY deflation in LED prices. Other revenue during the quarter stood at Rs 334 crore, marginally down by 0.8% YoY. Revenue from Lloyd Consumer declined sharply by 34.4% YoY to Rs 1,262 crore in the quarter ended 30 June 2025. The company stated that Lloyd's performance was impacted by a weak summer season as against a strong season last year; flattish growth in H1CY25 (Jan to June). Havells India is a leading fast-moving electrical goods (FMEG) company and a major power distribution equipment manufacturer with a strong global presence. The scrip rose 2.96% to currently trade at Rs 1,577.35 on the BSE. Powered by Capital Market - Live

Net profit of Havells India declined 14.75% to Rs 347.72 crore in the quarter ended June 2025 as against Rs 407.90 crore during the previous quarter ended June 2024. Sales declined 6.04% to Rs 5455.35 crore in the quarter ended June 2025 as against Rs 5806.21 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales5455.355806.21 -6 OPM %9.459.86 - PBDT575.49641.02 -10 PBT469.75549.00 -14 NP347.72407.90 -15 Powered by Capital Market - Live

Havells India will hold a meeting of the Board of Directors of the Company on 21 July 2025.Powered by Capital Market - Live

Havells India announced that the 42th Annual General Meeting(AGM) of the company will be held on 17 June 2025.Powered by Capital Market - Live

Havells India's revenue grew 20.2% YoY, led by strong Lloyd business growth of 39.54% YoY and a sharp rebound in C&W. Profit before tax stood at Rs 706.15 crore in the fourth quarter of FY25, up 17.41% YoY from Rs 601.44 crore reported in the same quarter last year. In the March 2025 quarter, EBITDA improved 19.5% to Rs 761 crore, compared to Rs 637 crore in Q4 FY24. The EBITDA margin also decreased to 11.6%, down from 11.7% in the same period last year. Revenue from electrical consumer durables stood at Rs 995.92 crore (up 9.4% YoY), switchgear revenue stood at Rs 691.36 crore (up 6.15% YoY), cable business revenue was at Rs 2,169.37 crore (up 21.22% YoY), lighting & fixtures revenue stood at Rs 441 crore (up 0.55% YoY), and other revenue was at Rs 369.83 crore (up 19.44% YoY) during the period under review. Revenue from Lloyd Consumer jumped 39.54% YoY to Rs 1,869.97 crore in the quarter ended 31 March 2025, reflecting robust demand in the cooling products segment. Havells reported growth in its domestic switchgear segment, driven by range expansion and project business, despite softness in industrial switchgears. Power cable growth was supported by capacity expansion and boosted further by higher commodity prices. Lighting revenue remained flat due to continued LED price deflation. ECD posted moderate growth amid a mild summer start. Emerging categories under 'others' gained scale, while Lloyd maintained strong growth momentum. On a full-year basis, the company's net profit surged 16.94% to Rs 1,488.84 crore on a 17.23% jump in revenue from operations to Rs 21,745.81 crore in FY24 over FY23. Meanwhile, the board of the company has recommended a final dividend of Rs 6 per equity share for the financial year 2024-2025. This is in addition to the interim dividend declared during the FY 2024-25 for an amount of Rs 4 per share. The final dividend will be paid to the shareholders on or before 30 days from the date of the AGM. Havells India is a leading fast-moving electrical goods (FMEG) company and a major power distribution equipment manufacturer with a strong global presence. The scrip fell 3.12% to currently trade at Rs 1,612.80 on the BSE.Powered by Capital Market - Live

Net profit of Havells India rose 15.92% to Rs 517.83 crore in the quarter ended March 2025 as against Rs 446.70 crore during the previous quarter ended March 2024. Sales rose 20.24% to Rs 6543.56 crore in the quarter ended March 2025 as against Rs 5442.02 crore during the previous quarter ended March 2024. For the full year,net profit rose 15.86% to Rs 1472.26 crore in the year ended March 2025 as against Rs 1270.76 crore during the previous year ended March 2024. Sales rose 17.15% to Rs 21778.06 crore in the year ended March 2025 as against Rs 18590.01 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales6543.565442.02 20 21778.0618590.01 17 OPM %11.5711.66 -9.789.91 - PBDT810.55692.64 17 2390.892045.87 17 PBT700.89599.27 17 1990.491707.37 17 NP517.83446.70 16 1472.261270.76 16 Powered by Capital Market - Live

Havells India announced that the Board of Directors of the Company at its meeting held on 22 April 2025, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 600%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Havells India will hold a meeting of the Board of Directors of the Company on 22 April 2025.Powered by Capital Market - Live

Havells India Ltd lost 4.78% today to trade at Rs 1483. The BSE Consumer Durables index is down 0.3% to quote at 55025.22. The index is up 0.92 % over last one month. Among the other constituents of the index, Voltas Ltd decreased 0.71% and Aditya Birla Fashion & Retail Ltd lost 0.38% on the day. The BSE Consumer Durables index went up 10.35 % over last one year compared to the 5.17% surge in benchmark SENSEX. Havells India Ltd has lost 1.86% over last one month compared to 0.92% gain in BSE Consumer Durables index and 0.18% drop in the SENSEX. On the BSE, 5320 shares were traded in the counter so far compared with average daily volumes of 22719 shares in the past one month. The stock hit a record high of Rs 2104.95 on 23 Sep 2024. The stock hit a 52-week low of Rs 1380.55 on 03 Mar 2025.Powered by Capital Market - Live