Stock Report

Havells India Limited Reports Robust FY26 Results; Annual Revenue Crosses ₹22,500 Crore

Posted On : 2026-04-23 10:55:42( TIMEZONE : IST )

Havells India Limited, a leading Fast Moving Electrical Goods (FMEG) company, has announced its audited consolidated financial results for the fiscal year ended March 31, 2026. The company demonstrated strong growth momentum, with a significant double-digit rise in net profit and a healthy expansion of its annual top-line revenue.

The results reflect a strong rebound in consumer demand for electrical consumer durables and professional lighting, alongside a notable surge in "Other Income" during the final quarter.

Annual Financial Performance (FY26 vs. FY25)

Havells has maintained its market leadership by scaling operations across its diverse product portfolio:

Revenue from Operations: Grew to ₹22,527.77 crore, up from ₹21,778.06 crore in the previous fiscal year.

Net Profit: Surged by 15% to reach ₹1,689.25 crore, compared to ₹1,470.24 crore in FY25.

Earnings Per Share (EPS): Basic EPS for the year rose to ₹26.95, reflecting increased shareholder value.

Total Income: Reached ₹23,022.16 crore, supported by a sharp rise in Other Income which hit ₹494.39 crore for the year.

Quarterly Momentum (Q4FY26)

The final quarter of the year was particularly strong, marked by high seasonal demand and operational efficiency:

Quarterly Revenue: Jumped to ₹6,705.20 crore, a 20% sequential growth from the December 2025 quarter.

Quarterly Net Profit: Stood at ₹723.39 crore, a massive increase compared to the ₹300.05 crore recorded in Q3FY26.

Margin Expansion: Profit before tax (PBT) for Q4 reached ₹917.61 crore, nearly doubling from the previous quarter, aided by efficient raw material cost management.

Expense Breakdown and Operational Insights

The company's cost structure highlights its manufacturing prowess and brand-building focus:

Raw Material Costs: Remained the largest expense at ₹12,345.89 crore for the year, representing the core of its "Make in India" manufacturing strategy.

Advertisement & Sales Promotion: Havells continued its aggressive brand positioning with a spend of ₹606.57 crore annually.

Employee Benefits: Rose to ₹1,983.74 crore, supporting a large-scale manufacturing and distribution workforce.

Finance Costs: Successfully reduced to ₹37.30 crore annually, indicating a strong balance sheet and reduced debt burden.

Shares of Havells India Limited was last trading in BSE at Rs. 1350.50 as compared to the previous close of Rs. 1328.20. The total number of shares traded during the day was 158679 in over 10320 trades.

The stock hit an intraday high of Rs. 1409.90 and intraday low of 1321.00. The net turnover during the day was Rs. 216097166.00.