NNextResearch

Havells India HAVELLS

Switchgear, house wires, lighting, fans and appliances (Lloyd ACs)

Mapped in 1 theme: Real Estate.

From publicly available information

Where Havells India sits in the supply chain

Havells India appears in 1 supply-chain layer in one theme, Real Estate.

Real Estate › Wires, cables & switchgear

Direct supplier
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Revenue and profit

₹ CrFY24FY25FY26
Revenue18,59021,77822,528
Net profit1,2711,4701,689

Latest-year revenue ₹22,528 Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths

  • Leading switchgear and wire brand with high ROCE
  • Strong retail network

Risks

  • Lloyd ACs and consumer durables weigh on margins
  • Stock has fallen in the year to Oct 2026

Common questions

What does Havells India do?

Switchgear, house wires, lighting, fans and appliances (Lloyd ACs).

Where does Havells India sit in the supply chain?

Havells India (NSE: HAVELLS) is mapped in 1 supply-chain layer: Wires, cables & switchgear (Real Estate).

Who are Havells India's peers?

In the Wires, cables & switchgear layer of Real Estate: Polycab India, KEI Industries, Finolex Cables and UltraTech Cement.

What is Havells India's market cap and valuation?

As of 30 Oct 2026: market cap ₹63,716 Cr, P/E 37.6x, ROCE 24.9%, ROE 19.0%, dividend yield 0.99%.