Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. Havells India Limited was founded in 1958 and is based in Noida, India. The company is a leading FMEG company with a strong global presence, manufacturing a wide range of electrical products for residential, commercial, and industrial use with key brands including Havells, Havells Studio, Lloyd, Havells Crabtree, Standard Electricals and REO.
The company enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications. The company offers 20 products categories across 20,000+ active SKUs.
Havells operates across multiple business segments, catering to diverse customer needs. The company's cable segment contributes 32% of revenue in H1 FY25, offering flexible and power cables including multicore round cable, flat submersible cable, LAN cable, CCTV, speaker cable, and others. The company's product portfolio comprises switches, switchgear, appliances, flexible cables, fans, lighting, water heater, heavy duty fans, professional lighting, cables, motors, switchgears, solar and power quality solutions. It also offers home appliances, industrial & domestic circuit protection devices, air conditioners, personal grooming products, domestic appliance, water heaters and pumps.
Havells manufactures 90% of its finished products in-house through a large base of 15 manufacturing plants across 8 locations in India. The company boasts of a strong manufacturing prowess with 15 state-of-the-art manufacturing plants in India located in Alwar, Neemrana, Ghiloth (Rajasthan), Baddi (Himachal Pradesh), Tumakuru (Karnataka), Sri City (Andhra Pradesh), Faridabad (Haryana), Haridwar (Uttarakhand).
The company has established an extensive distribution network to serve customers across India. The company pioneered the concept of exclusive brand showroom in the electrical industry with 'Havells Exclusive Brand Stores', with over 1000+ Havells Exclusive Brand Stores across the country helping customers, both domestic & commercial, to choose from a wide variety of products for different applications. Its network constitutes of approximately 4000 professionals, over 14000 plus dealers and 35 branches in the country.
As of the latest financial year 2025, Havells has demonstrated strong financial performance across key metrics:
- Total income: ₹21,778.06 crore for the year ended 2025
- Net profit: ₹1,470.24 crore for the year ended 2025
- Revenue growth: 17.2% compared to ₹18,839 crore in FY24
- Net profit growth: 15.7% compared to ₹1,270.8 crore in FY24
- Quarterly profit: ₹517.00 crore on total income of ₹6,612.28 crore for the quarter ended 2025
- Earnings per share (EPS): ₹23.5 for trailing twelve months
- Operating profit margin: 9.9% in FY25 versus 10.1% in FY24
Havells India has a market capitalisation of ₹99,420 crore. Promoter holding stands at 59.41% as of March 2025. The company is almost debt free and has improved its working capital efficiency, with working capital requirements reduced from 17.4 days to 13.3 days.
CARE has reaffirmed Havells India's credit ratings with Long-term AAA, short-term A1+, and Commercial Paper rating of ₹500 crore. The company held its 42nd AGM on 17 June 2025, where it approved financials and declared a final dividend of ₹6 per share.
Havells maintains a focus on innovation and customer satisfaction, with a robust distribution network, exclusive brand showrooms, and a strong emphasis on service. The company became the first FMEG Company to offer door step service via its initiative 'Havells Connect', resulting in minimum customer complaints and highest customer satisfaction.
The company prioritizes sustainability with a focus on renewable energy, waste reduction, and environmental conservation, while being committed to social responsibility through initiatives in education, sanitation, and community development. Havells has been recognized for its sustainability efforts, being ranked in the Dow Jones Sustainability Index and maintaining an 'A' rating in the MSCI ESG Rating.
Havells India continues to strengthen its position as a leading electrical goods manufacturer, backed by strong financial performance, extensive manufacturing capabilities, and a comprehensive distribution network serving diverse customer segments across India and international markets.
