Valuation Havells India Limited

Equities

Market Closed - NSE India S.E. Other stock markets 05:19:41 16/07/2025 pm IST			5-day change	1st Jan Change
1,525.00 ^INR	-0.85%		+0.09%	-8.96%

20/06	Reliance & Havells Reportedly Enter PE Party to Snap Up Whirlpool	CI
17/06	Havells India Limited Approves Appointment of Abhinav Rai Gupta as Relative of Director	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	6,57,564	7,21,846	7,44,607	9,49,566	9,58,531	9,56,490	-	-
Change	-	9.78%	3.15%	27.53%	0.94%	-0.21%	-	-
Enterprise Value (EV) ¹	6,44,793	7,00,442	7,63,226	9,22,443	9,28,191	9,22,614	9,15,813	9,07,483
Change	-	8.63%	8.96%	20.86%	0.62%	-0.6%	-0.74%	-0.91%
P/E ratio	63.2x	60.4x	69.3x	74.6x	64.4x	53.4x	44x	38.7x
PBR	12.7x	12.1x	11.3x	12.8x	11.5x	10.1x	8.93x	7.94x
PEG	-	4.1x	-6.9x	4.1x	3.8x	2.6x	2x	2.9x
Capitalization / Revenue	6.31x	5.2x	4.41x	5.12x	4.41x	3.88x	3.39x	3.02x
EV / Revenue	6.18x	5.04x	4.52x	4.97x	4.27x	3.75x	3.25x	2.87x
EV / EBITDA	41.2x	39.9x	47.6x	50x	43.2x	35.8x	29.5x	26.1x
EV / EBIT	49x	46.8x	58.4x	61.2x	53x	43.2x	35x	30.8x
EV / FCF	158x	47.1x	-3,314x	78.6x	115x	80.3x	58.4x	47.8x
FCF Yield	0.63%	2.12%	-0.03%	1.27%	0.87%	1.25%	1.71%	2.09%
Dividend per Share ²	6.5	7.5	7.5	9	10	11.86	14.35	15.58
Rate of return	0.62%	0.65%	0.63%	0.59%	0.65%	0.78%	0.94%	1.02%
EPS ²	16.61	19.08	17.16	20.32	23.74	28.55	34.7	39.41
Distribution rate	39.1%	39.3%	43.7%	44.3%	42.1%	41.6%	41.4%	39.5%
Net sales ¹	1,04,279	1,38,885	1,68,684	1,85,499	2,17,458	2,46,244	2,82,164	3,16,394
EBITDA ¹	15,653	17,576	16,030	18,453	21,486	25,776	31,013	34,797
EBIT ¹	13,164	14,968	13,068	15,068	17,499	21,337	26,166	29,450
Net income ¹	10,396	11,947	10,750	12,732	14,888	17,881	21,692	24,376
Net Debt ¹	-12,771	-21,403	18,619	-27,123	-30,340	-33,875	-40,677	-49,007
Reference price ²	1,050.40	1,152.55	1,188.50	1,515.00	1,528.90	1,525.00	1,525.00	1,525.00
Nbr of stocks (in thousands)	6,26,013	6,26,303	6,26,510	6,26,776	6,26,942	6,27,206	-	-
Announcement Date	20/05/21	04/05/22	03/05/23	30/04/24	22/04/25	-	-	-

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.($)
HAVELLS INDIA LIMITED	53.87x	3.78x	36.11x	0.77%	1.12TCr
SIEMENS AG	17.67x	2.63x	14.89x	2.43%	20TCr
SCHNEIDER ELECTRIC SE	26.16x	3.31x	15.61x	1.88%	15TCr
EATON CORPORATION PLC	33.14x	5.47x	23.03x	1.14%	14TCr
EMERSON ELECTRIC CO.	32.77x	4.86x	17.44x	1.52%	7.86TCr
VERTIV HOLDINGS CO	41.4x	5.19x	23.88x	0.12%	4.85TCr
DELTA ELECTRONICS (THAILAND)	69.77x	7.75x	45.89x	0.44%	4.38TCr
DELTA ELECTRONICS, INC.	27.66x	2.39x	13.35x	1.77%	4.36TCr
AMETEK, INC.	28.54x	5.89x	18.44x	0.7%	4.07TCr
ROCKWELL AUTOMATION, INC.	38.28x	5.18x	24.54x	1.48%	3.91TCr
Average	36.93x	4.64x	23.32x	1.22%	7.92TCr
Weighted average by Cap.	30.49x	4.22x	19.87x	1.56%