Shares of wire and cables manufacturing company Havells India (NSE: HAVELLS) have seen a good rise. Shares of Havells India closed at Rs 1469.30 on Tuesday with a rise of more than 3 percent.
During the day’s trading, the company’s shares also reached Rs 1481.30 and made a new 52-week high.
Market experts say that Havells India shares may rise further. The company’s shares have given returns of more than 100,000 percent to long-term investors.
Havells Shares Can Go Up To Rs 1660
Foreign brokerage house has asked to buy shares of Havells India.
The brokerage house has given a buy rating to the company’s shares, whereas earlier it had given a neutral rating to the company’s shares.
They has increased the target price of Havells India shares to Rs 1700, which was earlier Rs 1540. This is the highest target price for Havells shares.
Out of 44 analysts tracking Havells India, 28 have said to buy shares of the company. While at the same time, 12 analysts have given a “Hold” rating for the shares of the company.
Havells Shares Rose More Than 100000%
Shares of Havells India have given returns of more than 100000% to investors with a long-term perspective.
The company’s shares were at Rs 1.46 on 28 February 2003. Shares of Havells India closed at Rs 1469.30 on 27 February 2024.
At the same time, in the last 10 years, shares of Havells India have increased by more than 850 percent.
Shares of Havells India were at Rs 153.91 on 21 February 2014, which closed at Rs 1469.30 on 27 February 2024.
About Havells India Ltd
Havells India Limited is an India-based Fast Moving Electrical Goods (FMEG) Company.
It is a leading producer of power distribution equipment with an impressive international presence. The company enjoys an enviable market share across a vast variety of products.
Its products include industrial as well as domestic circuit protection devices, cables and wires, motors and fans, modular switches and home equipment, cooling systems, electrical water heaters, power caps, and luminaires designed for domestic, commercial, industrial, and residential applications.
The company owns several brands, including Havells, Lloyd, Crabtree and Standard.
The total revenue from operations is 16868.38 crores while its equity capital of the amount of 62.65 crores.
Fundamental Analysis of Havells India Ltd
| Market Cap | ₹ 91,985 Cr. |
| Current Price | ₹ 1,469 |
| 52-wk High | ₹ 1,482 |
| 52-wk Low | ₹ 1,128 |
| Stock P/E | 77.8 |
| Book Value | ₹ 110 |
| Dividend | 0.51 % |
| ROCE | 22.3 % |
| ROE | 17.0 % |
| Face Value | ₹ 1.00 |
| P/B Value | 11.7 |
| OPM | 9.64 % |
| EPS | ₹ 18.9 |
| Debt | ₹ 268 Cr. |
| Debt to Equity | 0.04 |
Havells India Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹1321 | ₹1523 |
| 2025 | ₹1632 | ₹1700 |
| 2026 | ₹1750 | ₹1800 |
| 2027 | ₹1900 | ₹2000 |
| 2028 | ₹2050 | ₹2156 |
| 2029 | ₹2210 | ₹2315 |
| 2030 | ₹2432 | ₹2500 |
Havells India Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 59.45% |
| Mar 2023 | 59.45% |
| June 2023 | 59.43% |
| Sept 2023 | 59.43% |
| Dec 2023 | 59.43% |
| FII Holding | |
| Dec 2022 | 22.60% |
| Mar 2023 | 23.11% |
| June 2023 | 23.79% |
| Sept 2023 | 24.19% |
| Dec 2023 | 23.96% |
| DII Holding | |
| Dec 2022 | 10.40% |
| Mar 2023 | 10.27% |
| June 2023 | 9.68% |
| Sept 2023 | 9.38% |
| Dec 2023 | 10.00% |
| Govt. Holding | |
| Dec 2022 | 0.10% |
| Mar 2023 | 0.10% |
| June 2023 | 0.10% |
| Sept 2023 | 0.10% |
| Dec 2023 | 0.11% |
| Public Holding | |
| Dec 2022 | 7.43% |
| Mar 2023 | 7.05% |
| June 2023 | 6.95% |
| Sept 2023 | 6.90% |
| Dec 2023 | 6.49% |
| Others Holding | |
| Dec 2022 | 0.01% |
| Mar 2023 | 0.01% |
| June 2023 | 0.03% |
| Sept 2023 | 0.00% |
| Dec 2023 | 0.00% |
Havells India Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 10,073 Cr |
| 2020 | ₹ 9,440 Cr |
| 2021 | ₹ 10,457 Cr |
| 2022 | ₹ 13,938 Cr |
| 2023 | ₹ 18,007 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 788 Cr |
| 2020 | ₹ 735 Cr |
| 2021 | ₹ 1,044 Cr |
| 2022 | ₹ 1,196 Cr |
| 2023 | ₹ 1,182 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.01 |
| 2020 | 0 |
| 2021 | 0.1 |
| 2022 | 0.07 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 13% |
| Current Year: | 11% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 20% |
| 5 Years: | 19% |
| 3 Years: | 20% |
| Last Year: | 17% |
Sales Growth Over 10 Years:
| 10 Years: | 9% |
| 5 Years: | 16% |
| 3 Years: | 21% |
| Current Year: | 9% |
Conclusion
This article is a complete guide about Havells India Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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