Why is Havells India Ltd. ?
1
Flat results in Sep 25
- NET SALES(Q) At Rs 4,779.33 cr has Fallen at -10.8% (vs previous 4Q average)
- PBT LESS OI(Q) At Rs 328.33 cr has Fallen at -18.7% (vs previous 4Q average)
- PAT(Q) At Rs 319.00 cr has Fallen at -9.6% (vs previous 4Q average)
2
Below par performance in long term as well as near term
- Along with generating -17.75% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Havells India for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Havells India
-17.75%
-0.76
23.31%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
20.77%
EBIT Growth (5y)
15.58%
EBIT to Interest (avg)
33.85
Debt to EBITDA (avg)
0.20
Net Debt to Equity (avg)
-0.14
Sales to Capital Employed (avg)
2.33
Tax Ratio
25.57%
Dividend Payout Ratio
42.58%
Pledged Shares
0
Institutional Holding
34.81%
ROCE (avg)
32.69%
ROE (avg)
18.25%
Valuation Key Factors 
Factor
Value
P/E Ratio
62
Industry P/E
44
Price to Book Value
10.39
EV to EBIT
51.94
EV to EBITDA
41.60
EV to Capital Employed
11.87
EV to Sales
4.10
PEG Ratio
16.93
Dividend Yield
0.70%
ROCE (Latest)
22.85%
ROE (Latest)
16.87%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
1What is working for the Company
DPS(Y)
Highest at Rs 10.00
-6What is not working for the Company
NET SALES(Q)
At Rs 4,779.33 cr has Fallen at -10.8% (vs previous 4Q average
PBT LESS OI(Q)
At Rs 328.33 cr has Fallen at -18.7% (vs previous 4Q average
PAT(Q)
At Rs 319.00 cr has Fallen at -9.6% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Havells India
Dividend per Share (DPS) - Annually
Highest at Rs 10.00
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (Rs)
Here's what is not working for Havells India
Net Sales - Quarterly
At Rs 4,779.33 cr has Fallen at -10.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 5,356.80 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 328.33 cr has Fallen at -18.7% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 404.03 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 319.00 cr has Fallen at -9.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 353.02 CrMOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)






