Valuation Havells India Limited Bombay S.E.

Stocks

Market Closed - Bombay S.E. 14:29:29 13/08/2026 +04			5-day change	1st Jan Change
1,266.10 ^INR	+0.44%		-1.29%	-11.19%

08-04	Havells India Limited Announces Appointment of Sandeep Sehgal to Executive Vice President ? Sales Lloyd, Effective August 4, 2026	CI
07-20	Nomura Downgrades Havells India to Neutral From Buy, Adjusts Price Target to INR1,361 From INR1,620	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	721,846	744,607	949,566	958,531	746,812	793,865	-	-
Change	-	3.15%	27.53%	0.94%	-22.09%	6.3%	-	-
Enterprise Value (EV) ¹	700,442	763,226	922,443	928,191	725,954	768,658	763,231	754,535
Change	-	8.96%	20.86%	0.62%	-21.79%	5.88%	-0.71%	-1.14%
P/E	60.4x	69.3x	74.6x	64.4x	43.8x	46.9x	38.5x	33.3x
PBR	12.1x	11.3x	12.8x	11.5x	7.88x	7.56x	6.74x	6.01x
PEG	-	-6.9x	4.1x	3.8x	3x	-65.65x	1.8x	2.2x
Capitalization / Revenue	5.2x	4.41x	5.12x	4.41x	3.32x	3.04x	2.68x	2.37x
EV / Revenue	5.04x	4.52x	4.97x	4.27x	3.23x	2.95x	2.57x	2.25x
EV / EBITDA	39.9x	47.6x	50x	43.2x	32.8x	30.2x	25x	21.6x
EV / EBIT	46.8x	58.4x	61.2x	53x	40.7x	37.6x	30.4x	25.9x
EV / FCF	47.1x	-3,314x	78.6x	115x	710x	81.5x	52.7x	42.6x
FCF Yield	2.12%	-0.03%	1.27%	0.87%	0.14%	1.23%	1.9%	2.35%
Dividend per Share ²	7.5	7.5	9	10	10	11	12.53	14.71
Rate of return	0.65%	0.63%	0.59%	0.65%	0.84%	0.87%	0.99%	1.16%
EPS ²	19.08	17.16	20.32	23.74	27.18	26.99	32.87	37.94
Distribution rate	39.3%	43.7%	44.3%	42.1%	36.8%	40.8%	38.1%	38.8%
Net sales ¹	138,885	168,684	185,499	217,458	224,656	260,716	296,678	335,163
EBITDA ¹	17,576	16,030	18,453	21,486	22,133	25,413	30,569	34,932
EBIT ¹	14,968	13,068	15,068	17,499	17,842	20,424	25,082	29,087
Net income ¹	11,947	10,750	12,732	14,888	17,054	16,845	20,561	23,869
Net Debt ¹	-21,403	18,619	-27,123	-30,340	-20,858	-25,208	-30,634	-39,331
Reference price ²	1,152.55	1,188.50	1,515.00	1,528.90	1,190.60	1,265.00	1,265.00	1,265.00
Nbr of stocks (in thousands)	626,303	626,510	626,776	626,942	627,257	627,562	-	-
Announcement Date	04/05/22	03/05/23	30/04/24	22/04/25	22/04/26	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CATL (CONTEMPORARY AMPEREX TECHNOLOGY)	19.01x	2.52x	11.32x	2.69%	274B
SIEMENS AG	26.36x	3.07x	16.77x	2%	250B
SCHNEIDER ELECTRIC SE	32.83x	4.2x	19.36x	1.49%	202B
EATON CORPORATION PLC	41.48x	6.01x	25.63x	0.93%	179B
DELTA ELECTRONICS, INC.	43.51x	5.85x	26.09x	0.98%	144B
VERTIV HOLDINGS CO.	47.8x	7.86x	31.69x	0.09%	111B
DELTA ELECTRONICS (THAILAND)	95x	12.13x	67.39x	0.33%	101B
EMERSON ELECTRIC CO.	33.56x	5.39x	18.74x	1.35%	91.37B
FUJIKURA LTD.	36.3x	6.12x	24.57x	1.07%	60.32B
Average	41.76x	5.90x	26.84x	1.21%	156.98B
Weighted average by Cap.	37.02x	5.09x	23.42x	1.47%