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Havells India Limited

PosiFunda Ratios Only on PositoAI

PositoAI's own ratios from Havells India Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.

What stands out

  • Tangible Assets Ratio: Of every ₹100 the company owns, ₹90 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. Less tangible than 89% of Industrials companies in India.
  • Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹84 is tangible; the rest is goodwill and other intangibles, often from buying other companies. Less tangible than 87% of Industrials companies in India.
  • Debt Due Cover Ratio: Debt due within a year is covered 20.4 times by its yearly operating cash. Higher than 87% of Industrials companies in India.

Where ₹100 of sales goes

₹92Operating costs₹0.2Interest₹7.6Net profit₹2.8Paid as dividends

Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.

Cash quality

Profit Cash Ratio

₹114

Over the last 3 years, every ₹100 of reported profit came with ₹114 of operating cash.

Higher than 70% of Industrials companies in India.

Self-Funding Ratio

1.7×

Over the last 3 years its own operating cash covered its investment spending (capex) 1.7 times.

Higher than 65% of Industrials companies in India.

Cash Locked Ratio

₹7

For every ₹100 of sales, ₹7 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹8 tied up three years earlier.

Less money tied up than 82% of Industrials companies in India.

Growth quality

Steadiness Ratio

3/3 · 3/3

Sales and profit both grew in each of the last 3 years.

Steadier than 86% of Industrials companies in India.

Growth Efficiency Ratio

₹11

Sales grew 33% in 3 years; of every extra ₹100 of sales, ₹11 became extra profit.

Higher than 58% of Industrials companies in India.

Asset Productivity Ratio

+33% / +32%

In 3 years sales changed by +33% while total assets changed by +32%. Both moved at about the same pace.

Balance-sheet strength

Debt Due Cover Ratio

20.4×

Debt due within a year is covered 20.4 times by its yearly operating cash.

Higher than 87% of Industrials companies in India.

Cash Cushion Ratio

+3%

Cash, after subtracting all debt, equals 3% of its market value (net cash).

Higher than 76% of Industrials companies in India.

Tangible Assets Ratio

90%

Of every ₹100 the company owns, ₹90 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.

Less tangible than 89% of Industrials companies in India.

Tangible Net Worth Ratio

84%

Of every ₹100 of net worth, ₹84 is tangible; the rest is goodwill and other intangibles, often from buying other companies.

Less tangible than 87% of Industrials companies in India.

Shareholders

Shareholder Slice Ratio

0%

Share count was unchanged over the last 3 years. Dividends paid equalled 39% of profit over the same period.

Standard fundamentals

P/E, P/B, ROE, debt, growth and more (14)

Havells India Limited owes ₹0.36 for every ₹1 it owns. Net profit rose 15% in the year to Mar 2026, and grew 16% a year on average over 3 years.

Compared with Industrials companies in India · latest annual results Mar 2026.

P/E ratio

41.7

Investors pay ₹41.7 for every ₹1 of Havells India Limited's yearly profit, higher than 69% of Industrials companies in India.

P/B ratio

7.12

The share price is 7.12 times Havells India Limited's book value per share, higher than 80% of Industrials companies in India.

Market cap

₹67,337 Cr

The total market value of all of Havells India Limited's shares at today's price (share price × number of shares), larger than 96% of Industrials companies in India. PosiCap size class: Meso Cap.

Net worth (book value)

₹9,455 Cr

What Havells India Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).

Book value per share

₹150.67

Net worth divided by the number of shares. The share price of ₹1,073 is 7.1 times this, which is the P/B above.

Return on equity (ROE)

17.1%

Havells India Limited earned 17.1% on its shareholders' money over the last year, higher than 74% of Industrials companies in India.

Owes vs Owns

0.36×

Havells India Limited owes ₹0.36 for every ₹1 it owns (low), lower than 63% of Industrials companies in India.

Dividend yield

1.09%

Havells India Limited pays 1.09% of its share price as dividends a year, higher than 76% of dividend-paying Industrials companies in India.

Revenue growth

+3%

Revenue rose 3% in the year to Mar 2026, and grew 10% a year on average over 3 years.

Profit growth

+15%

Net profit rose 15% in the year to Mar 2026, and grew 16% a year on average over 3 years.

Profit margin

7.6%

Havells India Limited keeps ₹8 of every ₹100 of revenue as net profit.

Cash quality

0.93×

Cash from Havells India Limited's business was 0.93× its reported profit in the year to Mar 2026 — less cash came in than the profit reported.

Interest cover

50.1×

Havells India Limited's operating profit covered its interest costs 50.1 times in the year to Mar 2026.

Cash vs debt

Net cash

Havells India Limited held ₹2,075 Cr more cash than debt (net cash) at Mar 2026.

Questions

What is Havells India Limited's P/E ratio?

Investors pay ₹41.7 for every ₹1 of Havells India Limited's yearly profit, higher than 69% of Industrials companies in India.

How is P/B calculated on PositoAI?

P/B is market cap divided by net worth from the latest balance sheet. For Havells India Limited: ₹67,337 Cr ÷ ₹9,455 Cr (31 Mar 2026) = 7.1.

What is Havells India Limited's return on equity?

Havells India Limited earned 17.1% on its shareholders' money over the last year, higher than 74% of Industrials companies in India.

How much does Havells India Limited owe compared with what it owns?

Havells India Limited owes ₹0.36 for every ₹1 it owns (low), lower than 63% of Industrials companies in India.

Does Havells India Limited pay a dividend?

Yes. Havells India Limited pays 1.09% of its share price as dividends a year, higher than 76% of dividend-paying Industrials companies in India.

Is Havells India Limited's revenue growing?

Revenue rose 3% in the year to Mar 2026, and grew 10% a year on average over 3 years.

Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.

Disclaimer — PositoAI is a research and screening tool for educational and informational purposes. It is not investment advice or a recommendation to buy or sell any security or mutual fund. Scores and rankings are calculated by PositoAI's own method using publicly available data, which may be incomplete, delayed or inaccurate, and past performance does not indicate future results. AI summaries of company news may contain errors. PositoAI is not registered with the SEC, SEBI or any other regulatory authority. Please do your own research or consult a licensed financial advisor before investing.