HAVELLS
OVERVALUEDHavells India
Consumer Durables · NSE
↓ 205.1% vs fair value
52W Low
₹1,143
+5.5% from low
52W High
₹1,674
-28.0% from high
Valuation Gauge
Current Price
₹1,205
Fair Value
₹395
Fair Value Analysis
₹395
Based on free cash flow projections and balance sheet strength analysis and earnings growth potential for Consumer Durables sector companies | ROCE improving (latest 25.2%) — capital allocation becoming more efficient.
Cash Flow Analysis
40% weight
Balance Sheet Value
30% weight
Growth Valuation
30% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 14.9% is acceptable for Consumer Durables sector (benchmark: 18%)
Debt & Leverage
D/E ratio of 0.0x is well within the Consumer Durables sector norm of 0.8x — strong balance sheet
Valuation vs Peers
P/E of 57.3x is 13% above the Consumer Durables sector median of 51x — slightly expensive
Cash Flow
FCF margin of 3.5% — thin cash generation, watch capex trends
Earnings Growth
5yr EPS CAGR of 7.2% is well below Consumer Durables sector average of 16.9%
Dividend
Dividend yield of 0.8% provides moderate shareholder returns
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
1.6%
Free cash flow / market cap
Revenue Growth (YoY)
-6.3%
Year-on-year revenue change
Profit Growth (YoY)
+9.2%
Year-on-year PAT change
Operating Cash Flow
₹1.5K Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹20.6
P/E Ratio
57.3x
P/B Ratio
8.5x
ROE
14.9%
ROCE
22.5%
Debt / Equity
0.03x
Beta
0.28
Div Yield
0.8%
FCF (Cr)
₹749 Cr
Revenue (Cr)
₹21,600 Cr
EPS Growth 5Y
7.2%
Mkt Cap (Cr)
₹74,058 Cr
52W High
₹1,673.8
52W Low
₹1,142.5
Book Value/Share
₹138.7
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹22.4K Cr | ₹2.2K Cr | 10.0% | ₹1.5K Cr | ₹23.70 |
| 2025-03-31 | ₹21.8K Cr | ₹2.2K Cr | 10.0% | ₹1.5K Cr | ₹23.48 |
| 2024-03-31 | ₹18.6K Cr | ₹1.9K Cr | 10.0% | ₹1.3K Cr | ₹20.28 |
| 2023-03-31 | ₹16.9K Cr | ₹1.6K Cr | 10.0% | ₹1.1K Cr | ₹17.11 |
| 2022-03-31 | ₹13.9K Cr | ₹1.8K Cr | 13.0% | ₹1.2K Cr | ₹19.10 |
| 2021-03-31 | ₹10.5K Cr | ₹1.6K Cr | 15.0% | ₹1.0K Cr | ₹16.68 |
| 2020-03-31 | ₹9.4K Cr | ₹1.1K Cr | 11.0% | ₹735 Cr | ₹11.75 |
| 2019-03-31 | ₹10.1K Cr | ₹1.2K Cr | 12.0% | ₹788 Cr | ₹12.59 |
| 2018-03-31 | ₹8.1K Cr | ₹1.0K Cr | 13.0% | ₹661 Cr | ₹10.60 |
| 2017-03-31 | ₹6.1K Cr | ₹815 Cr | 13.0% | ₹494 Cr | ₹7.91 |
| 2016-03-31 | ₹7.6K Cr | ₹796 Cr | 10.0% | ₹1.3K Cr | ₹20.82 |
| 2015-03-31 | ₹8.5K Cr | ₹755 Cr | 9.0% | ₹385 Cr | ₹6.17 |
| 2014-03-31 | ₹8.1K Cr | ₹777 Cr | 10.0% | ₹446 Cr | ₹7.15 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Consumer Durables| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Senco Gold Limited | ₹320.5 | ₹913.6 | +64.9% | 9.8 | 22.8% | FAIRLY_VALUED |
PC Jeweller Limited | ₹8.5 | ₹17.2 | +50.5% | 11.7 | 9.1% | FAIRLY_VALUED |
Bata India | ₹669 | ₹1,308.2 | +48.9% | 47.4 | 15.0% | FAIRLY_VALUED |
P N Gadgil Jewellers Limited | ₹578.5 | ₹864.8 | +33.1% | 19.5 | 22.4% | UNDERVALUED |
Whirlpool of India Limited | ₹820 | ₹1,106.8 | +25.9% | 31.1 | 8.2% | UNDERVALUED |
Bajaj Electricals | ₹353.5 | ₹382.9 | +7.7% | 113.8 | 6.6% | FAIRLY_VALUED |
Cera Sanitaryware Limited | ₹4,796 | ₹4,154 | -15.5% | 28.4 | 17.7% | FAIRLY_VALUED |
Vaibhav Global Limited | ₹191.6 | ₹160.5 | -19.4% | 15.2 | 14.5% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
Share this Stock
Download card · Share on WhatsApp
Share on WhatsApp, Twitter, or any group — each share brings new users to Veritas Quant