Havells India Limited
Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence.It 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…
What Havells files
- Others78
- Investor Meet48
- Important13
- Updates12
- Dividend/Bonus8
- Board Meeting7
Havells announced Q3 consolidated revenue of 5,587.89 Cr and profit of 300.05 Cr. An interim dividend of Rs 4/share was declared. The board approved an employee stock purchase scheme and recognized a Rs 129.60 Cr intangible asset. A Rs 45.03 Cr exceptional liability impacted profit.
Havells plans to boost washing machine capacity at Ghiloth by 1.5 lakh units/year. This INR 60 Cr investment, funded by internal accruals, targets full market coverage by December 2026.
Havells India secured an offer for 1,58,200 sq m additional land from RIICO, Alwar, adjacent to its existing plant. This expansion will enhance the manufacturing capacities of cables, positioning the company for future growth in this segment.
Havells India is expanding its Alwar plant’s cable manufacturing capacity from 32.9 lakh km to 41.45 lakh km annually, investing an additional INR 340 Cr for a total of INR 715 Cr. The expansion targets growing cable demand and aims to boost efficiency through backward integration and process upgrades. The...
Havells India has announced a board meeting and plans to enter the Electric Vehicle Supply Equipment (EVSE) sector by launching EV chargers. This expansion complements its switchgear business and enhances its foothold in the renewable energy space. With the EV charger market estimated at Rs. 1500 Cr, Havells aims to...