Why is Havells India Ltd. ?
1
- PBT LESS OI(Q) At Rs 338.13 cr has Fallen at -23.2% (vs previous 4Q average)
- PAT(Q) At Rs 290.38 cr has Fallen at -32.6% (vs previous 4Q average)
- DPR(Y) Lowest at 37.11%
2
Below par performance in long term as well as near term
- Along with generating -13.87% 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
-13.87%
-0.59
23.57%
Sensex
-1.97%
-0.15
13.56%
Quality key factors
Factor
Value
Sales Growth (5y)
15.29%
EBIT Growth (5y)
1.97%
EBIT to Interest (avg)
38.42
Debt to EBITDA (avg)
0.18
Net Debt to Equity (avg)
-0.22
Sales to Capital Employed (avg)
2.38
Tax Ratio
23.48%
Dividend Payout Ratio
37.11%
Pledged Shares
0
Institutional Holding
34.17%
ROCE (avg)
31.56%
ROE (avg)
17.82%
Valuation Key Factors 
Factor
Value
P/E Ratio
48
Industry P/E
48
Price to Book Value
8.51
EV to EBIT
46.02
EV to EBITDA
36.46
EV to Capital Employed
10.66
EV to Sales
3.32
PEG Ratio
2.70
Dividend Yield
0.78%
ROCE (Latest)
24.03%
ROE (Latest)
18.23%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
1What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 28.52 times
-9What is not working for the Company
PBT LESS OI(Q)
At Rs 338.13 cr has Fallen at -23.2% (vs previous 4Q average
PAT(Q)
At Rs 290.38 cr has Fallen at -32.6% (vs previous 4Q average
DPR(Y)
Lowest at 37.11%
OPERATING PROFIT TO NET SALES (Q)
Lowest at 7.15%
EPS(Q)
Lowest at Rs 4.63
Loading Valuation Snapshot...
Here's what is working for Havells India
Debtors Turnover Ratio- Half Yearly
Highest at 28.52 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Havells India
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 338.13 cr has Fallen at -23.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 440.05 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 290.38 cr has Fallen at -32.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 430.93 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 7.15%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Earnings per Share (EPS) - Quarterly
Lowest at Rs 4.63
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Dividend Payout Ratio (DPR) - Annually
Lowest at 37.11%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)






