Valuation Havells India Limited Bombay S.E.

Stocks

Market Closed - Bombay S.E. 11:28:27 29/09/2026 BST			5-day change	1st Jan Change
1,045.90 ^INR	-4.13%		-4.57%	-26.64%

08-17	Indian wiring firm says factory reopened after submitting evidence against child labour allegations	RE
08-14	Indian electronics firm Eureka investigating findings of child labour at supplier	RE

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	654,735	-	-
Change	-	3.15%	27.53%	0.94%	-22.09%	-12.33%	-	-
Enterprise Value (EV) ¹	700,442	763,226	922,443	928,191	725,954	629,554	624,203	615,625
Change	-	8.96%	20.86%	0.62%	-21.79%	-13.28%	-0.85%	-1.37%
P/E	60.4x	69.3x	74.6x	64.4x	43.8x	38.7x	31.8x	27.6x
PBR	12.1x	11.3x	12.8x	11.5x	7.88x	6.24x	5.56x	4.96x
PEG	-	-6.9x	4.1x	3.8x	3x	-45.9x	1.5x	1.8x
Capitalization / Revenue	5.2x	4.41x	5.12x	4.41x	3.32x	2.51x	2.21x	1.95x
EV / Revenue	5.04x	4.52x	4.97x	4.27x	3.23x	2.42x	2.11x	1.84x
EV / EBITDA	39.9x	47.6x	50x	43.2x	32.8x	24.8x	20.5x	17.7x
EV / EBIT	46.8x	58.4x	61.2x	53x	40.7x	30.9x	25x	21.3x
EV / FCF	47.1x	-3,314x	78.6x	115x	710x	73x	41.1x	33x
FCF Yield	2.12%	-0.03%	1.27%	0.87%	0.14%	1.37%	2.43%	3.03%
Dividend per Share ²	7.5	7.5	9	10	10	10.99	12.49	14.63
Rate of return	0.65%	0.63%	0.59%	0.65%	0.84%	1.05%	1.2%	1.4%
EPS ²	19.08	17.16	20.32	23.74	27.18	26.95	32.78	37.78
Distribution rate	39.3%	43.7%	44.3%	42.1%	36.8%	40.8%	38.1%	38.7%
Net sales ¹	138,885	168,684	185,499	217,458	224,656	260,640	296,497	334,905
EBITDA ¹	17,576	16,030	18,453	21,486	22,133	25,388	30,499	34,824
EBIT ¹	14,968	13,068	15,068	17,499	17,842	20,393	24,997	28,956
Net income ¹	11,947	10,750	12,732	14,888	17,054	16,823	20,499	23,767
Net Debt ¹	-21,403	18,619	-27,123	-30,340	-20,858	-25,181	-30,533	-39,110
Reference price ²	1,152.55	1,188.50	1,515.00	1,528.90	1,190.60	1,043.30	1,043.30	1,043.30
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.($)
SIEMENS AG	25.54x	3.04x	16.65x	2.02%	243B
CATL (CONTEMPORARY AMPEREX TECHNOLOGY)	14.1x	1.74x	7.88x	3.63%	204B
SCHNEIDER ELECTRIC SE	30.55x	3.91x	18.09x	1.6%	186B
EATON CORPORATION PLC	38.49x	5.68x	23.95x	1.02%	168B
DELTA ELECTRONICS, INC.	46.61x	6.26x	28.04x	1.06%	156B
DELTA ELECTRONICS (THAILAND)	93.04x	11.53x	65.85x	0.34%	96.12B
VERTIV HOLDINGS CO.	40.39x	6.64x	26.7x	0.1%	93.95B
EMERSON ELECTRIC CO.	32.66x	5.26x	18.27x	1.39%	88.91B
AMETEK, INC.	34.42x	7.38x	23.23x	0.54%	57.7B
Average	39.53x	5.72x	25.41x	1.3%	143.67B
Weighted average by Cap.	35.66x	4.93x	22.59x	1.6%