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 |
01-04-2026 |
| Date of end of financial year |
31-03-2027 |
| Date of board meeting when results were approved |
22-10-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
08-10-2026 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Second quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
22-10-2026 12:00:00 |
| End date and time of board meeting |
22-10-2026 13:45:00 |
| 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 |
Not applicable |
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 |
01-07-2026 |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
6,43,199.00 |
12,95,018.00 |
|
Other income |
3,261.00 |
8,677.00 |
|
Total income |
6,46,460.00 |
13,03,695.00 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
3,44,725.00 |
7,47,079.00 |
| (b) |
Purchases of stock-in-trade |
99,134.00 |
1,95,909.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
1,791.00 |
(49,504.00) |
| (d) |
Employee benefit expense |
55,389.00 |
1,08,533.00 |
| (e) |
Finance costs |
475.00 |
1,221.00 |
| (f) |
Depreciation, depletion and amortisation expense
|
12,857.00 |
24,914.00 |
| (f) |
Other Expenses |
| 1 |
Net impairment on financial and contract assets |
(83.00) |
40.00 |
| 2 |
Advertisement and sales promotion |
13,759.00 |
42,410.00 |
| 3 |
Others |
71,151.00 |
1,46,602.00 |
|
Total other expenses |
84,827.00 |
1,89,052.00 |
|
Total expenses |
5,99,198.00 |
12,17,204.00 |
| 3 |
Total profit before exceptional items and tax |
47,262.00 |
86,491.00 |
| 4 |
Exceptional items |
0.00 |
0.00 |
| 5 |
Total profit before tax |
47,262.00 |
86,491.00 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
11,441.00 |
21,636.00 |
| 8 |
Deferred tax |
899.00 |
962.00 |
| 9 |
Total tax expenses |
12,340.00 |
22,598.00 |
| 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 |
34,922.00 |
63,893.00 |
| 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 |
0.00 |
0.00 |
| 16 |
Total profit (loss) for period |
34,922.00 |
63,893.00 |
| 17 |
Other comprehensive income net of taxes |
146.00 |
196.00 |
| 18 |
Total Comprehensive Income for the period |
35,068.00 |
64,089.00 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
34,952.00 |
63,990.00 |
|
Total profit or loss, attributable to non-controlling interests |
(30.00) |
(97.00) |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
35,079.00 |
64,167.00 |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
(11.00) |
(78.00) |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
6,276.00 |
6,276.00 |
|
Face value of equity share capital |
0 |
0 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
|
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
5.57 |
10.2 |
|
Diluted earnings (loss) per share from continuing operations |
5.57 |
10.19 |
| 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 |
5.57 |
10.2 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
5.57 |
10.19 |
| 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 |
01-04-2026 |
| Date of end of reporting period |
30-09-2026 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
4,20,979.00 |
|
Capital work-in-progress |
50,063.00 |
|
Investment property |
0.00 |
|
Goodwill |
31,047.00 |
|
Other intangible assets |
1,21,961.00 |
|
Intangible assets under development |
143.00 |
|
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 |
7,513.00 |
|
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 |
96,350.00 |
|
Deferred tax assets (net) |
1,766.00 |
|
Other non-current assets |
|
| 1 |
Other non-current assets |
15,019.00 |
|
Total of other non-current assets |
15,019.00 |
|
Total non-current assets |
7,37,328.00 |
| 2 |
Current assets |
|
|
Inventories |
5,03,838.00 |
|
Current financial asset |
|
|
Current investments |
0.00 |
|
Trade receivables, current |
81,267.00 |
|
Cash and cash equivalents |
50,109.00 |
|
Bank balance other than cash and cash equivalents |
70,661.00 |
|
Loans, current |
0.00 |
|
Other current financial assets |
|
|
Total of other current financial assets |
448.00 |
|
Total current financial assets |
2,02,485.00 |
|
Current tax assets (net) |
|
|
Other current assets |
|
| 1 |
Contract assets |
1,314.00 |
| 2 |
Other current assets |
29,300.00 |
|
Total of other current assets |
30,614.00 |
|
Total current assets |
7,36,937.00 |
| 3 |
Non-current assets classified as held for sale |
50.00 |
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
|
|
Total assets |
14,74,315.00 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
6,276.00 |
|
Other equity |
9,71,012.00 |
|
Total equity attributable to owners of parent |
9,77,288.00 |
|
Non controlling interest |
1,241.00 |
|
Total equity |
9,78,529.00 |
| 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 |
|
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
|
|
Total Trade payable |
|
|
Other non-current financial liabilities |
|
| 1 |
Lease liabilities |
16,349.00 |
| 2 |
Other financial liabilities |
2,331.00 |
|
Total of other non-current financial liabilities |
18,680.00 |
|
Total non-current financial liabilities |
18,680.00 |
|
Provisions, non-current |
3,818.00 |
|
Deferred tax liabilities (net) |
44,420.00 |
|
Deferred government grants, Non-current |
|
|
Other non-current liabilities |
|
| 1 |
Other non-current liabilities |
120.00 |
| 2 |
Contract liabilities |
1,347.00 |
|
Total of other non-current liabilities |
1,467.00 |
|
Total non-current liabilities |
68,385.00 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
0.00 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
25,173.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
2,51,918.00 |
|
Total Trade payable |
2,77,091.00 |
|
Other current financial liabilities |
|
| 1 |
Lease liabilities |
7,527.00 |
| 2 |
Other financial liabilities |
82,844.00 |
| 3 |
Contract liabilities |
13,621.00 |
|
Total of other current financial liabilities |
1,03,992.00 |
|
Total current financial liabilities |
3,81,083.00 |
|
Other current liabilities |
13,407.00 |
| 1 |
Other current liabilities |
13,407.00 |
|
Total of other current liabilities |
13,407.00 |
|
Provisions, current |
25,923.00 |
|
Current tax liabilities (Net) |
6,988.00 |
|
Deferred government grants, Current |
|
|
Total current liabilities |
4,27,401.00 |
| 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 |
4,95,786.00 |
|
Total equity and liabilites |
14,74,315.00 |
|
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 |
01-07-2026 |
01-04-2026 |
| Date of end of reporting
period |
30-09-2026 |
30-09-2026 |
| Whether results are audited
or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or
consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
| 1 |
Switchgears |
78,174.00 |
1,38,942.00 |
| 2 |
Cables |
2,99,890.00 |
5,45,452.00 |
| 3 |
Lighting & Fixtures |
45,950.00 |
86,012.00 |
| 4 |
Electrical Consumer Durables |
1,07,211.00 |
2,18,518.00 |
| 5 |
Lloyd Consumer |
61,941.00 |
2,07,685.00 |
| 6 |
Renewables |
32,916.00 |
64,350.00 |
| 7 |
Others |
17,117.00 |
34,059.00 |
|
Total Segment Revenue |
6,43,199.00 |
12,95,018.00 |
|
Less: Inter segment revenue |
|
|
|
Revenue from operations |
6,43,199.00 |
12,95,018.00 |
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
| 1 |
Switchgears |
19,846.00 |
32,513.00 |
| 2 |
Cables |
30,426.00 |
55,878.00 |
| 3 |
Lighting & Fixtures |
4,553.00 |
8,702.00 |
| 4 |
Electrical Consumer Durables |
6,695.00 |
12,528.00 |
| 5 |
Lloyd Consumer |
(10,551.00) |
(16,177.00) |
| 6 |
Renewables |
2,725.00 |
3,560.00 |
| 7 |
Others |
1,020.00 |
1,843.00 |
|
Total Profit before tax |
54,714.00 |
98,847.00 |
|
i. Finance cost |
475.00 |
1,221.00 |
|
ii. Other Unallocable Expenditure net off Unallocable income |
6,977.00 |
11,135.00 |
|
Profit before tax |
47,262.00 |
86,491.00 |
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
| 1 |
Switchgears |
85,880.00 |
85,880.00 |
| 2 |
Cables |
3,84,969.00 |
3,84,969.00 |
| 3 |
Lighting & Fixtures |
64,075.00 |
64,075.00 |
| 4 |
Electrical Consumer Durables |
1,60,983.00 |
1,60,983.00 |
| 5 |
Lloyd Consumer |
4,17,917.00 |
4,17,917.00 |
| 6 |
Renewables |
24,389.00 |
24,389.00 |
| 7 |
Others |
18,445.00 |
18,445.00 |
|
Total Segment Asset |
11,56,658.00 |
11,56,658.00 |
|
Un-allocable Assets |
3,17,657.00 |
3,17,657.00 |
|
Net Segment Asset |
14,74,315.00 |
14,74,315.00 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
Switchgears |
52,874.00 |
52,874.00 |
| 2 |
Cables |
1,18,664.00 |
1,18,664.00 |
| 3 |
Lighting & Fixtures |
41,584.00 |
41,584.00 |
| 4 |
Electrical Consumer Durables |
97,323.00 |
97,323.00 |
| 5 |
Lloyd Consumer |
69,957.00 |
69,957.00 |
| 6 |
Renewables |
13,017.00 |
13,017.00 |
| 7 |
Others |
11,731.00 |
11,731.00 |
|
Total Segment Liabilities |
4,05,150.00 |
4,05,150.00 |
|
Un-allocable Liabilities |
90,636.00 |
90,636.00 |
|
Net Segment Liabilities |
4,95,786.00 |
4,95,786.00 |
|
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 |
01-07-2026 |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| 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 |
75.00 |
150.00 |
|
Total Amount of items that will not be reclassified to profit and loss |
75.00 |
150.00 |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
19.00 |
38.00 |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
| 1 |
Exchange differences on translation of foreign operations |
90.00 |
84.00 |
| 2 |
Share of other comprehensive income /(loss) in investment accounted using equity method |
0.00 |
0.00 |
|
Total Amount of items that will be reclassified to profit and loss |
90.00 |
84.00 |
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
0.00 |
0.00 |
| 5 |
Total Other comprehensive income |
146.00 |
196.00 |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
86,491.00 |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
1,221.00 |
|
Adjustments for decrease (increase) in inventories |
(59,771.00) |
|
Adjustments for decrease (increase) in trade receivables, current |
(1,826.00) |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
(8,714.00) |
|
Adjustments for decrease (increase) in other non-current assets |
345.00 |
|
Adjustments for other financial assets, non-current |
0.00 |
|
Adjustments for other financial assets, current |
394.00 |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
(13,612.00) |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
(15,870.00) |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
24,914.00 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
40.00 |
|
Adjustments for provisions, current |
(1,176.00) |
|
Adjustments for provisions, non-current |
0.00 |
|
Adjustments for other financial liabilities, current |
(8,509.00) |
|
Adjustments for other financial liabilities, non-current |
0.00 |
|
Adjustments for unrealised foreign exchange losses gains |
(190.00) |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
5,959.00 |
|
Adjustments for share-based payments |
1,566.00 |
|
Adjustments for fair value losses (gains) |
0.00 |
|
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 |
222.00 |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
(86,925.00) |
|
Net cash flows from (used in)
operations |
(434.00) |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
15,796.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
operating activities |
(16,230.00) |
|
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 |
0.00 |
|
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
|
0.00 |
|
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 |
631.00 |
|
Purchase of property, plant and equipment |
65,479.00 |
|
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 |
6,094.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
85,515.00 |
|
Net cash flows from (used in)
investing activities |
26,761.00 |
|
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
0.00 |
|
Payments from changes in ownership interests in subsidiaries |
0.00 |
|
Proceeds from issuing shares |
0.00 |
|
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 |
3,440.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
0.00 |
|
Repayments of borrowings |
0.00 |
|
Payments of lease liabilities |
5,188.00 |
|
Dividends paid |
37,660.00 |
|
Interest paid |
94.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
financing activities |
(39,502.00) |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
(28,971.00) |
|
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
18.00 |
|
Net increase (decrease) in cash
and cash equivalents |
(28,953.00) |
|
Cash and cash equivalents cash flow statement at beginning of period
|
79,062.00 |
|
Cash and cash equivalents cash
flow statement at end of period |
50,109.00 |