Havells India Ltd.

On 24-Nov, Havells India Ltd. witnessed a decline in its share price, closing at ₹1,423.20, down by ₹17.80 or 1.24%. This drop reflects a continuation of recent underperformance driven by disappointing quarterly results and sustained weakness relative to market benchmarks.

As of November 4, 2025, Havells India is fairly valued with a PE ratio of 63.59, higher than peers like Polycab India and KEI Industries, but lower than Finolex Cables, despite recent underperformance against the Sensex, while still showing strong long-term growth potential with a 497.50% return over the last decade.

As of November 3, 2025, Havells India is considered overvalued with a PE ratio of 64.29 and an EV to EBITDA of 37.61, significantly higher than its peers, and has underperformed the Sensex with a year-to-date return of -10.48%.

Havells India's latest Q2 FY2026 results show a year-on-year profit increase of 17.13% and revenue growth of 5.29%, but both metrics declined sequentially. While the company has strong fundamentals and zero long-term debt, it faces operational challenges and seasonal headwinds that warrant close monitoring.

Havells India has shown consistent growth from March 2020 to March 2025, with net sales increasing from INR 9,440.26 crore to INR 21,778.06 crore, and profit after tax rising from INR 735.35 crore to INR 1,472.26 crore. The company's earnings per share improved from INR 11.75 to INR 23.48 during this period.

As of 13 October 2025, Havells India is in a bearish trend with moderate strength, indicated by bearish MACD and Bollinger Bands, and a year-to-date return of -12.08%, underperforming the Sensex's 5.36%.

Havells India has experienced significant growth from Mar'19 to Mar'25, with net sales increasing from ₹10,073.43 Cr to ₹21,778.06 Cr and profit after tax rising from ₹787.94 Cr to ₹1,472.26 Cr, while maintaining a debt-free status since Mar'22. The company's earnings per share improved from 12.59 to 23.48, reflecting strong financial stability and performance.

As of October 10, 2025, Havells India exhibits a mildly bearish trend due to bearish daily moving averages and monthly MACD signals, despite some short-term bullish indicators, while its performance relative to the Sensex shows underperformance over the past month and year.

As of October 10, 2025, Havells India shows a mildly bearish trend due to bearish daily moving averages and OBV readings, despite a mildly bullish weekly KST and a mixed overall outlook.

As of October 10, 2025, Havells India shows a mildly bearish trend with mixed signals from various indicators, suggesting caution despite some mildly bullish signs on the weekly chart.

As of 9 October 2025, Havells India shows a bearish trend with moderate strength, indicated by daily moving averages, Bollinger Bands, and KST signals, despite mixed MACD readings across time frames.