Introduction of Havells India Ltd.
Havells India Ltd, founded by Qimat Rai Gupta in 1958, is a leading electrical equipment company based in India. Initially, it started as a trading company for electrical products and transformed into a full-fledged manufacturing business in the 1970s. The company got its name from its first acquisition, Havells brand, from Haveli Ram Gandhi, a small electrical goods manufacturing company.
Over the years, Havells has grown through strategic acquisitions and organic growth, expanding its product portfolio. A major milestone was the acquisition of Sylvania, a German lighting company, in 2007, which made Havells a global player. Although Havells sold Sylvania in 2015, this acquisition helped the company gain international exposure.
Havells manufacturing sectors
Today, Havells is a leading brand in the Electrical goods sector, offering products that span across Lighting, Electrical wiring Accessories, Appliances, and more.
Company Overview
Headquarters | Noida, Uttar Pradesh, India |
Founded | 1958 |
Founder | Qimat Rai Gupta |
CEO | Anil Rai Gupta |
Sector | Electrical equipment |
Havells Employees | 5,500+ (as of 2024) |
Havells manufactures a wide range of electrical products, including home appliances, lighting, fans, modular switches, and power distribution equipment. The company operates in several business segments, contributing to a diversified revenue stream.
Holdings and Products
Havells has diversified its portfolio through acquisitions and brand development, leading to its presence in various sectors:
Switchgear | Havells produces industrial and domestic switchgear, such as MCBs, RCCBs, and distribution boards. |
Lighting Solutions | The company offers LED lighting, professional lighting, and luminaires for homes and commercial establishments |
Cables and Wires | Havells manufactures domestic and industrial cables, wires, and flexible cables. |
Home and Kitchen Appliances | This includes products such as electric irons, air coolers, water heaters, induction cooktops, and fans. |
Fans | Havells is a major player in ceiling, table, and pedestal fans. |
Motors and Pumps | The company produces industrial motors and water pumps for domestic and industrial use. |
Personal Grooming | Through the Havells brand, the company also produces personal grooming products like trimmers and shavers. |
Water Purifiers | Havells entered the water purifier market, offering UV and RO technology-based purifiers. |
Major Acquisitions and Expansions
Sylvania Acquisition: In 2007, Havells acquired the European lighting giant Sylvania, expanding its global footprint. However, in 2015, Havells sold this subsidiary to focus on core operations.
Promptec Renewable Energy Solutions: In 2015, Havells entered the renewable energy space by acquiring Promptec , a company specializing in LED and solar lighting.
Havells Market Presence and Growth:-
Havells has a strong market presence in India with a network of over 12,000 dealers and 30,000 retail outlets. It also exports to over 50 countries, although its primary market is still India. The company has consistently focused on quality, innovation, and brand building, which has led to its leadership in the electrical goods sector.
Havells’ focus on consumer electrical products has allowed it to maintain steady revenue growth, and its entry into newer segments like water purifiers and personal grooming products has diversified its offerings.
Financial Overview
Havells is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India. It has shown strong financial performance over the years, with a focus on expanding its product base and improving its distribution network.
Havells India Ltd all-time high share price was ₹2,104.95, which it reached on September 23, 2024.
Havells India Ltd’s all-time low share price was 1,859.05.
Havells Share, Market Overview
Market cap | 1.21 L(Crores) |
Stock P/E | 87.34 |
Current price | 1936 |
All Time High | 2104.95 |
All Time Low | 1859.05 |
Dividend Yield | 0.46% |
Current share price of Havells – 1936
chart of Havells – https://in.tradingview.com/chart/?symbol=NSE%3AHAVELLS
Monthly Technical Analysis of Havells India
Near one year High and likely to make a new high ,positive Breakout, Macd / signal line Bullish crossover.
Havells India Ltd Share Price Prediction 2025
Year | Target |
2025 | 2420 |
Havells India Ltd Share Price Target 2025
Havells India Ltd Share Price Prediction 2026
Year | Target |
2026 | 3050 |
Havells India Ltd Share Price Target 2026
Havells India Ltd Share Price Prediction 2027
Year | Target |
2027 | 3478 |
Havells India Ltd Share Price Target 2027
Havells India Ltd Share Price Prediction 2028
Year | Target |
2028 | 2609 |
Havells India Ltd Share Price Target 2028
There’s a pattern following the price action between 1995 and 2001 this target is based on that information and our market understanding, ask for expert guidance before making any investment .
Havells India Ltd Share Price Prediction 2029
Year | Target |
2029 | 3913 |
Havells India Ltd Share Price Target 2029
Havells India Ltd Share Price Prediction 2030
Year | Target |
2030 | 5517 |
Havells India Ltd Share Price Target 2030
- current 5 years maximum is around 185% (this target is based on our market understanding and for learning purpose Expert advice is recommended before making any Investment)
Havells share price Today – 1934.45
Havells share price History
- Havells share price 1995 – 0.27
- Havells share price 1996 – 0.19
- Havells share price 1997 – 0.26
- Havells share price 1998 – 0.23
- Havells share price 1999 – 1.13
- Havells share price 2000 – 1.92
- Havells share price 2001 – 1.55
- Havells share price 2002 – 1.40
- Havells share price 2003 – 3.79
- Havells share price 2004 – 6.93
- Havells share price 2005 – 19.60
- Havells share price 2006 – 36.95
- Havells share price 2007 – 69.20
- Havells share price 2008 – 12.11
- Havells share price 2009 – 51.09
- Havells share price 2010 – 78.43
- Havells share price 2011 – 75.97
- Havells share price 2012 – 126.22
- Havells share price 2013 – 156.39
- Havells share price 2014 – 272.54
- Havells share price 2015 – 301.64
- Havells share price 2016 – 342.80
- Havells share price 2017 – 562.15
- Havells share price 2018 – 692.30
- Havells share price 2019 – 647.10
- Havells share price 2020 – 915.80
- Havells share price 2021 – 1397.20
- Havells share price 2022 – 1099.75
- Havells share price 2023 – 1367.95
Havells share price BSE – 1933
Havells share price NSE – 1936
overall conclusion – Havells India have a great potential for future investments their strong financial performance over the year gives a great signal for future investments .Their Brand and Market leadership play a vital role in their performance over the period , By the time they do major expansion in their products , With the increasing numbers of Infrastructure development , urbanization and Housing demand in India the company have great chances to get benefit from Government policies like “Make in India” , Theirs a little setback for the company due to Global Economic challenges they might affect input costs and margins in the near term other than that Havells India is great selection For Long term Investors ,given its market leadership , innovation, and adaptability to industry trends , though cautious monitoring of global market is suggested.
Have a Great Investment opportunities Ahead!