Integrated Filing — IndAS
General information about company
| Scrip Code |
517354 |
| NSE Symbol |
HAVELLS |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE176B01034 |
| Name of company |
HAVELLS INDIA LIMITED |
| Type of company |
Main Board |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2025 |
| Date of end of financial year |
31-03-2026 |
| Date of board meeting when results were approved |
22-04-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
07-04-2026 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Fourth quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Audited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
22-04-2026 12:00:00 |
| End date and time of board meeting |
22-04-2026 14:20:00 |
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-01-2026 |
01-04-2025 |
| B |
Date of end of reporting period |
31-03-2026 |
31-03-2026 |
| C |
Whether results are audited or unaudited |
Audited |
Audited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
6,70,520.00 |
22,52,777.00 |
|
Other income |
29,625.00 |
49,439.00 |
|
Total income |
7,00,145.00 |
23,02,216.00 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
3,54,854.00 |
12,34,589.00 |
| (b) |
Purchases of stock-in-trade |
78,045.00 |
2,97,254.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
26,778.00 |
(23,889.00) |
| (d) |
Employee benefit expense |
50,984.00 |
1,98,374.00 |
| (e) |
Finance costs |
987.00 |
3,730.00 |
| (f) |
Depreciation, depletion and amortisation expense
|
11,178.00 |
43,192.00 |
| (f) |
Other Expenses |
| 1 |
Net impairment losses on financial and contract assets- Provision for doubtful debts, etc. |
(313.00) |
188.00 |
| 2 |
Advertisement and sales promotion |
17,689.00 |
60,657.00 |
| 3 |
Others |
69,539.00 |
2,65,639.00 |
|
Total other expenses |
86,915.00 |
3,26,484.00 |
|
Total expenses |
6,09,741.00 |
20,79,734.00 |
| 3 |
Total profit before exceptional items and tax |
90,404.00 |
2,22,482.00 |
| 4 |
Exceptional items |
0.00 |
(4,503.00) |
| 5 |
Total profit before tax |
90,404.00 |
2,17,979.00 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
13,497.00 |
46,106.00 |
| 8 |
Deferred tax |
5,925.00 |
5,926.00 |
| 9 |
Total tax expenses |
19,422.00 |
52,032.00 |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
0.00 |
0.00 |
| 11 |
Net Profit Loss for the period from
continuing operations |
70,982.00 |
1,65,947.00 |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
1,357.00 |
2,978.00 |
| 16 |
Total profit (loss) for period |
72,339.00 |
1,68,925.00 |
| 17 |
Other comprehensive income net of taxes |
64.00 |
997.00 |
| 18 |
Total Comprehensive Income for the period |
72,403.00 |
1,69,922.00 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
72,305.70 |
1,69,055.70 |
|
Total profit or loss, attributable to non-controlling interests |
33.00 |
(131.00) |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
72,394.70 |
1,70,001.70 |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
8.00 |
(80.00) |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
6,273.00 |
6,273.00 |
|
Face value of equity share capital |
0 |
0 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
9,38,511.00 |
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
11.52 |
26.95 |
|
Diluted earnings (loss) per share from continuing operations |
11.52 |
26.94 |
| ii |
Earnings per equity share for discontinued operations |
|
|
Basic earnings (loss) per share from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per share from discontinued operations |
0 |
0 |
| ii |
Earnings per equity share |
|
|
Basic earnings (loss) per share from continuing
and discontinued operations |
11.52 |
26.95 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
11.52 |
26.94 |
| 24 |
Debt equity ratio |
|
|
| 25 |
Debt service coverage ratio |
|
|
| 26 |
Interest service coverage ratio |
|
|
| 27 |
Disclosure of notes on financial results |
|
Remarks
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
31-03-2026 |
| Whether results are audited or unaudited |
Audited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
3,81,302.00 |
|
Capital work-in-progress |
43,949.00 |
|
Investment property |
|
|
Goodwill |
31,047.00 |
|
Other intangible assets |
1,21,938.00 |
|
Intangible assets under development |
304.00 |
|
Biological assets other than bearer plants |
|
|
Investments accounted for using equity method |
|
|
Non-current financial assets |
|
|
Non-current investments |
0.00 |
|
Trade receivables, non-current |
6,497.00 |
|
Loans, non-current |
0.00 |
|
Other non-current financial assets |
|
| 1 |
Investments in associate |
563.00 |
| 2 |
Other Investments |
88,274.00 |
|
Total of other non-current financial assets |
88,837.00 |
|
Total non-current financial assets |
95,334.00 |
|
Deferred tax assets (net) |
1,764.00 |
|
Other non-current assets |
|
| 1 |
Other non-current assets |
16,464.00 |
|
Total of other non-current assets |
16,464.00 |
|
Total non-current assets |
6,92,102.00 |
| 2 |
Current assets |
|
|
Inventories |
4,44,067.00 |
|
Current financial asset |
|
|
Current investments |
0.00 |
|
Trade receivables, current |
78,977.00 |
|
Cash and cash equivalents |
79,062.00 |
|
Bank balance other than cash and cash equivalents |
1,57,288.00 |
|
Loans, current |
0.00 |
|
Other current financial assets |
|
|
Total of other current financial assets |
882.00 |
|
Total current financial assets |
3,16,209.00 |
|
Current tax assets (net) |
|
|
Other current assets |
|
| 1 |
Contract assets |
101.00 |
| 2 |
Other current assets |
21,801.00 |
|
Total of other current assets |
21,902.00 |
|
Total current assets |
7,82,178.00 |
| 3 |
Non-current assets classified as held for sale |
345.00 |
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
|
|
Total assets |
14,74,625.00 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
6,273.00 |
|
Other equity |
9,39,274.00 |
|
Total equity attributable to owners of parent |
9,45,547.00 |
|
Non controlling interest |
1,320.00 |
|
Total equity |
9,46,867.00 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
0.00 |
|
Trade payables, non-current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
0.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
0.00 |
|
Total Trade payable |
0.00 |
|
Other non-current financial liabilities |
|
| 1 |
Lease liabilities |
18,796.00 |
| 2 |
Other financial liabilities |
2,503.00 |
|
Total of other non-current financial liabilities |
21,299.00 |
|
Total non-current financial liabilities |
21,299.00 |
|
Provisions, non-current |
3,155.00 |
|
Deferred tax liabilities (net) |
43,457.00 |
|
Deferred government grants, Non-current |
|
|
Other non-current liabilities |
|
| 1 |
Other non-current liabilities |
226.00 |
| 2 |
Contract liabilities |
1,149.00 |
|
Total of other non-current liabilities |
1,375.00 |
|
Total non-current liabilities |
69,286.00 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
0.00 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
22,324.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
2,68,516.00 |
|
Total Trade payable |
2,90,840.00 |
|
Other current financial liabilities |
|
| 1 |
Lease liabilities |
7,724.00 |
| 2 |
Other financial liabilities |
88,026.00 |
| 3 |
Contract liabilities |
14,289.00 |
|
Total of other current financial liabilities |
1,10,039.00 |
|
Total current financial liabilities |
4,00,879.00 |
|
Other current liabilities |
28,786.00 |
| 1 |
Other current liabilities |
28,786.00 |
|
Total of other current liabilities |
28,786.00 |
|
Provisions, current |
27,696.00 |
|
Current tax liabilities (Net) |
1,111.00 |
|
Deferred government grants, Current |
|
|
Total current liabilities |
4,58,472.00 |
| 3 |
Liabilities directly associated with assets in disposal group classified as held for sale |
|
| 4 |
Regulatory deferral account credit balances and related deferred tax liability |
|
|
Total liabilities |
5,27,758.00 |
|
Total equity and liabilites |
14,74,625.00 |
|
Disclosure of notes on assets and liabilities |
|
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-01-2026 |
01-04-2025 |
| Date of end of reporting
period |
31-03-2026 |
31-03-2026 |
| Whether results are audited
or unaudited |
Audited |
Audited |
| Nature of report standalone or
consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
| 1 |
Switchgears |
73,592.00 |
2,58,566.00 |
| 2 |
Cables |
2,47,413.00 |
8,67,670.00 |
| 3 |
Lighting & Fixtures |
44,872.00 |
1,68,787.00 |
| 4 |
Electrical Consumer Durables |
97,561.00 |
3,87,624.00 |
| 5 |
Lloyd Consumer |
1,52,050.00 |
3,97,437.00 |
| 6 |
Others |
55,032.00 |
1,72,693.00 |
|
Total Segment Revenue |
6,70,520.00 |
22,52,777.00 |
|
Less: Inter segment revenue |
|
|
|
Revenue from operations |
6,70,520.00 |
22,52,777.00 |
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
| 1 |
Switchgears |
17,077.00 |
58,863.00 |
| 2 |
Cables |
35,137.00 |
1,13,763.00 |
| 3 |
Lighting & Fixtures |
9,576.00 |
24,375.00 |
| 4 |
Electrical Consumer Durables |
10,030.00 |
34,284.00 |
| 5 |
Lloyd Consumer |
(2,716.00) |
(21,442.00) |
| 6 |
Others |
2,580.00 |
6,107.00 |
|
Total Profit before tax |
71,684.00 |
2,15,950.00 |
|
i. Finance cost |
987.00 |
3,730.00 |
|
ii. Other Unallocable Expenditure net off Unallocable income |
(21,064.00) |
(8,737.00) |
|
Profit before tax |
91,761.00 |
2,20,957.00 |
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
| 1 |
Switchgears |
78,432.00 |
78,432.00 |
| 2 |
Cables |
2,84,854.00 |
2,84,854.00 |
| 3 |
Lighting & Fixtures |
58,889.00 |
58,889.00 |
| 4 |
Electrical Consumer Durables |
1,27,401.00 |
1,27,401.00 |
| 5 |
Lloyd Consumer |
4,48,803.00 |
4,48,803.00 |
| 6 |
Others |
44,953.00 |
44,953.00 |
|
Total Segment Asset |
10,43,332.00 |
10,43,332.00 |
|
Un-allocable Assets |
4,31,293.00 |
4,31,293.00 |
|
Net Segment Asset |
14,74,625.00 |
14,74,625.00 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
Switchgears |
57,555.00 |
57,555.00 |
| 2 |
Cables |
1,09,158.00 |
1,09,158.00 |
| 3 |
Lighting & Fixtures |
36,890.00 |
36,890.00 |
| 4 |
Electrical Consumer Durables |
78,600.00 |
78,600.00 |
| 5 |
Lloyd Consumer |
1,11,341.00 |
1,11,341.00 |
| 6 |
Others |
32,166.00 |
32,166.00 |
|
Total Segment Liabilities |
4,25,710.00 |
4,25,710.00 |
|
Un-allocable Liabilities |
1,02,048.00 |
1,02,048.00 |
|
Net Segment Liabilities |
5,27,758.00 |
5,27,758.00 |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-01-2026 |
01-04-2025 |
| B |
Date of end of reporting period |
31-03-2026 |
31-03-2026 |
| C |
Whether results are audited or unaudited |
Audited |
Audited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
| 1 |
Re-measurement gains/(loss) on defined benefit plan |
241.00 |
1,169.00 |
|
Total Amount of items that will not be reclassified to profit and loss |
241.00 |
1,169.00 |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
60.00 |
294.00 |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
| 1 |
Exchange differences on translation of foreign operations |
(115.00) |
122.00 |
| 2 |
Share of Other comprehensive income/(loss) in investment accounted using equity method |
(2.00) |
0.00 |
|
Total Amount of items that will be reclassified to profit and loss |
(117.00) |
122.00 |
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
0.00 |
0.00 |
| 5 |
Total Other comprehensive income |
64.00 |
997.00 |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2025 |
| B |
Date of end of reporting period |
31-03-2026 |
| C |
Whether results are audited or unaudited |
Audited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
2,17,979.00 |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
3,711.00 |
|
Adjustments for decrease (increase) in inventories |
(39,401.00) |
|
Adjustments for decrease (increase) in trade receivables, current |
48,297.00 |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
(3,986.00) |
|
Adjustments for decrease (increase) in other non-current assets |
(599.00) |
|
Adjustments for other financial assets, non-current |
0.00 |
|
Adjustments for other financial assets, current |
(2,493.00) |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
(15,218.00) |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
5,080.00 |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
43,192.00 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
1,098.00 |
|
Adjustments for provisions, current |
(7,470.00) |
|
Adjustments for provisions, non-current |
0.00 |
|
Adjustments for other financial liabilities, current |
0.00 |
|
Adjustments for other financial liabilities, non-current |
0.00 |
|
Adjustments for unrealised foreign exchange losses gains |
(517.00) |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
14,009.00 |
|
Adjustments for share-based payments |
2,193.00 |
|
Adjustments for fair value losses (gains) |
(29,635.00) |
|
Adjustments for undistributed profits of associates |
0.00 |
|
Other adjustments for which cash effects are investing or financing
cash flow |
0.00 |
|
Other adjustments to reconcile profit (loss) |
0.00 |
|
Other adjustments for non-cash items |
0.00 |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
(9,757.00) |
|
Net cash flows from (used in)
operations |
2,08,222.00 |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
51,023.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
operating activities |
1,57,199.00 |
|
Cash flows from used in
investing activities |
|
|
Cash flows from losing control of subsidiaries or other businesses |
0.00 |
|
Cash flows used in obtaining control of subsidiaries or other businesses |
60,000.00 |
|
Other cash receipts from sales of equity or debt instruments of other
entities |
0.00 |
|
Other cash payments to acquire equity or debt instruments of other entities
|
563.00 |
|
Other cash receipts from sales of interests in joint ventures |
0.00 |
|
Other cash payments to acquire interests in joint ventures |
0.00 |
|
Cash receipts from share of profits of partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Cash payment for investment in partnership firm or association of persons or
limited liability partnerships |
0.00 |
|
Proceeds from sales of property, plant and equipment |
6,831.00 |
|
Purchase of property, plant and equipment |
1,48,445.00 |
|
Proceeds from sales of investment property |
0.00 |
|
Purchase of investment property |
0.00 |
|
Proceeds from sales of intangible assets |
0.00 |
|
Purchase of intangible assets |
0.00 |
|
Proceeds from sales of intangible assets under development |
0.00 |
|
Purchase of intangible assets under development |
0.00 |
|
Proceeds from sales of goodwill |
0.00 |
|
Purchase of goodwill |
0.00 |
|
Proceeds from biological assets other than bearer plants |
0.00 |
|
Purchase of biological assets other than bearer plants |
0.00 |
|
Proceeds from government grants |
0.00 |
|
Proceeds from sales of other long-term assets |
0.00 |
|
Purchase of other long-term assets |
0.00 |
|
Cash advances and loans made to other parties |
0.00 |
|
Cash receipts from repayment of advances and loans made to other parties |
0.00 |
|
Cash payments for future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Cash receipts from future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Dividends received |
0.00 |
|
Interest received |
15,810.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
97,075.00 |
|
Net cash flows from (used in)
investing activities |
(89,292.00) |
|
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
(337.00) |
|
Payments from changes in ownership interests in subsidiaries |
0.00 |
|
Proceeds from issuing shares |
3,639.00 |
|
Proceeds from issuing other equity instruments |
0.00 |
|
Payments to acquire or redeem entity's shares |
0.00 |
|
Payments of other equity instruments |
0.00 |
|
Proceeds from exercise of stock options |
0.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
0.00 |
|
Repayments of borrowings |
0.00 |
|
Payments of lease liabilities |
9,842.00 |
|
Dividends paid |
62,710.00 |
|
Interest paid |
98.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
financing activities |
(69,348.00) |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
(1,441.00) |
|
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
(222.00) |
|
Net increase (decrease) in cash
and cash equivalents |
(1,663.00) |
|
Cash and cash equivalents cash flow statement at beginning of period
|
80,725.00 |
|
Cash and cash equivalents cash
flow statement at end of period |
79,062.00 |
Details of Impact of Audit Qualification
Amount in (Lakhs)
| Whether results are audited or unaudited |
Audited |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
| Auditor's opinion |
|
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015:
The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified
opinion for the period on Standalone results |
Yes |
| Sr No. |
Audit firm's name |
Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI |
Certificate valid upto |
| 1 |
Price Waterhouse & Co Chartered Accountants LLP |
Yes |
30-11-2026 |