Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
22,527.77
21,778.06
18,590.01
16,910.73
13,938.48
10,457.30
9,440.26
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
22,527.77
21,778.06
18,590.01
16,910.73
13,938.48
10,457.30
9,440.26
Raw Material Cost
12,345.89
11,999.30
9,873.77
9,317.92
7,770.07
5,381.95
4,379.64
Purchase of Finished goods
2,972.54
3,148.93
2,452.18
3,028.75
1,871.40
1,638.82
1,280.81
(Increase) / Decrease In Stocks
-238.89
-539.86
242.73
-641.20
-219.48
-531.07
172.74
Employee Cost
1,983.74
1,870.02
1,548.35
1,281.63
1,020.69
890.63
906.71
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
606.57
624.38
527.36
437.40
246.82
132.55
320.94
Other Expenses
2,658.27
2,544.43
2,103.00
1,887.09
1,488.56
1,372.64
1,350.77
Total Expenditure (Excl Depreciation)
20,328.12
19,647.20
16,747.39
15,311.59
12,178.06
8,885.52
8,411.61
Operating Profit (PBDIT) excl Other Income
2,199.65
2,130.86
1,842.62
1,599.14
1,760.42
1,571.78
1,028.65
Other Income
494.39
303.27
248.96
177.71
160.44
187.36
113.41
Operating Profit (PBDIT)
2,694.04
2,434.13
2,091.58
1,776.85
1,920.86
1,759.14
1,142.06
Interest
37.30
43.24
45.71
33.62
53.41
72.68
19.72
Exceptional Items
-45.03
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
2,611.71
2,390.89
2,045.87
1,743.23
1,867.45
1,686.46
1,122.34
Depreciation
431.92
400.40
338.50
296.17
260.89
248.91
217.97
Profit Before Tax
2,179.79
1,990.49
1,707.37
1,447.06
1,606.56
1,437.55
904.37
Tax
520.32
520.25
436.61
375.33
410.09
393.24
168.76
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
1,659.47
1,470.24
1,270.76
1,071.73
1,196.47
1,044.31
735.61
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
-0.26
Net Profit
1,659.47
1,470.24
1,270.76
1,071.73
1,196.47
1,044.31
735.35
Share in Profit of Associates
29.78
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
1.31
2.02
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
1,690.56
1,472.26
1,270.76
1,071.73
1,196.47
1,044.31
735.35
Equity Capital
62.73
62.69
62.67
62.65
62.63
62.60
62.58
Face Value
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Reserves
9,392.74
8,261.10
7,384.09
6,562.80
5,940.26
5,113.70
4,248.98
Earnings per share (EPS)
26.95
23.48
20.28
17.11
19.1
16.68
11.75
Diluted Earnings per share
26.94
23.48
20.28
17.11
19.1
16.68
11.76
Operating Profit Margin (Excl OI)
9.76%
9.78%
9.91%
9.46%
12.63%
15.03%
10.9%
Gross Profit Margin
11.59%
10.98%
11.01%
10.31%
13.4%
16.13%
11.89%
PAT Margin
7.5%
6.75%
6.84%
6.34%
8.58%
9.99%
7.79%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 3.44% vs 17.15% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 14.83% vs 15.86% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 3.23% vs 15.64% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is -13.74% vs -5.40% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of Havells India With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
22,527.77
0
22,527.77
Other Operating Income
0.00
0.00
0.00
Total Operating income
22,527.77
0
22,527.77
Raw Material Cost
12,345.89
0
12,345.89
Purchase of Finished goods
2,972.54
0
2,972.54
(Increase) / Decrease In Stocks
-238.89
0
-238.89
Employee Cost
1,983.74
0
1,983.74
Power Cost
0.00
0
0.00
Manufacturing Expenses
0.00
0
0.00
Selling and Distribution Expenses
606.57
0
606.57
Other Expenses
2,658.27
0.00
2,658.27
Total Expenditure (Excl Depreciation)
20,328.12
0
20,328.12
Operating Profit (PBDIT) excl Other Income
2,199.65
0.00
2,199.65
Other Income
494.39
0
494.39
Operating Profit (PBDIT)
2,694.04
0
2,694.04
Interest
37.30
0
37.30
Exceptional Items
-45.03
0
-45.03
Gross Profit (PBDT)
2,611.71
0
2,611.71
Depreciation
431.92
0
431.92
Profit Before Tax
2,179.79
0
2,179.79
Tax
520.32
0
520.32
Provisions and contingencies
0.00
0
0.00
Profit After Tax
1,659.47
0
1,659.47
Extraordinary Items
0.00
0
0.00
Prior Period Expenses
0.00
0
0.00
Other Adjustments
0.00
0
0.00
Net Profit
1,659.47
0
1,659.47
Share in Profit of Associates
29.78
0
29.78
Minority Interest
1.31
0
1.31
Other related items
0.00
0.00
0.00
Consolidated Net Profit
1,690.56
0
1,690.56
Equity Capital
62.73
0
62.73
Face Value
1.00
0
0.00
Reserves
9,392.74
0
9,392.74
Earnings per share (EPS)
26.95
0
26.95
Diluted Earnings per share
26.94
0
26.94
Operating Profit Margin (Excl OI)
9.76%
0%
0.00
9.76%
Gross Profit Margin
11.59%
0%
0.00
11.59%
PAT Margin
7.50%
0%
0.00
7.50%
Public Share Holdings (%)
0.00%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 22,527.77 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 3.44% vs 17.15% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 1,690.56 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 14.83% vs 15.86% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 2,199.65 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 3.23% vs 15.64% in Mar 2025
Annual - Interest
Interest 37.30 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -13.74% vs -5.40% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 9.76%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






