Havells India Ltd

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

Havells India Ltd lost 7.72% today to trade at Rs 1428.05. The BSE Consumer Durables index is down 0.83% to quote at 54202.89. The index is down 3.9 % over last one month. Among the other constituents of the index, Whirlpool of India Ltd decreased 0.88% and Aditya Birla Fashion & Retail Ltd lost 0.4% on the day. The BSE Consumer Durables index went up 6.24 % over last one year compared to the 3.37% surge in benchmark SENSEX. Havells India Ltd has lost 4.29% over last one month compared to 3.9% fall in BSE Consumer Durables index and 1.53% drop in the SENSEX. On the BSE, 8918 shares were traded in the counter so far compared with average daily volumes of 19294 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 1410.6 on 27 Feb 2025.Powered by Capital Market - Live

Havells India announced that the Board of Directors of the Company at its meeting held on 16 January 2025, inter alia, have recommended the interim dividend of Rs 4 per equity Share (i.e. 400%) , subject to the approval of the shareholders.Powered by Capital Market - Live

However, revenue from operations rose 11% YoY to Rs 4,882.50 crore in the quarter ended 31 December 2024. Profit before tax stood at Rs 382.19 crore in the third quarter of FY25, down 2.2% YoY from Rs 390.69 crore reported in same quarter last year. In the December 2024 quarter, EBITDA shed marginally to Rs 432 crore as compared to Rs 433 crore in Q3 FY24. The EBITDA margin also decreased to 8.8%, down from 9.8% in the same period last year. Revenue from electrical consumer durables stood at Rs 1,104 crore (up 14.9% YoY), switchgear revenue stood at Rs 577 crore (up 10.8% YoY), cable business revenue was at Rs 1,688 crore (up 7.3% YoY), lighting & fixtures revenue stood at Rs 441 crore (up 2.5% YoY) and other revenue was at Rs 331 crore (up 22.8% YoY) during the period under review. Revenue from Lloyd Consumer rose 14.7% YoY to Rs 742 crore in the quarter ended 31 December 2024. Havells highlighted that growth in the domestic switchgear segment was driven by the real estate and project business, although industrial switchgear (IP) remained soft. The company experienced strong growth in power cables, with the Tumkur plant, currently in the ramp-up stage, contributing positively to growth. However, softness in copper prices led to channel destocking in wires, impacting revenues. In lighting, while there was decent volume growth, revenues were still pressured due to ongoing LED price deflation. The 'others' segment continued its growth momentum, and the quarter was steady for Lloyd. On nine-month basis, the company's net profit jumped 17.3% to Rs 966.58 crore on 16% increase in revenue to Rs 15,213.60 crore in 9M FY25 over 9M FY24. The company's board has declared an interim dividend of Rs 4 per equity share of Re 1 each on the company's equity share capital. This dividend will be payable to all shareholders whose names appear in the register of members as of the record date 22 January 2025. The dividend will be paid or dispatched to shareholders on or before 14 February 2025, which is within 30 days from the date of its declaration. 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 shed 0.38% to currently trade at Rs 1,551.40 on the BSE. Powered by Capital Market - Live

Net profit of Havells India declined 3.34% to Rs 278.30 crore in the quarter ended December 2024 as against Rs 287.91 crore during the previous quarter ended December 2023. Sales rose 10.76% to Rs 4888.98 crore in the quarter ended December 2024 as against Rs 4413.86 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales4888.984413.86 11 OPM %8.729.80 - PBDT481.44478.39 1 PBT377.34390.73 -3 NP278.30287.91 -3 Powered by Capital Market - Live