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Havells India stock: growth
HAVELLS.NSHavells India reported $2.39B in revenue for fiscal 2026, up 4.3% on the prior year, up 16.8% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
15.1%
per year from 2007 to 2026, per share 14.2%
Earnings (Annual rate)
15.9%
per year from 2007 to 2026, per share 15%
Free cash flow (Annual rate)
−1%
per year from 2007 to 2026, per share −1.8%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 16.8% | 11.5% | 15.1% |
| Revenue per share | 16.7% | 11.5% | 14.2% |
| Earnings | 10.1% | 2.7% | 15.9% |
| Earnings per share | 10.1% | 2.6% | 15.0% |
| Free cash flow | −26.5% | −11.8% | −1.0% |
| Free cash flow per share | −26.5% | −11.8% | −1.8% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $164.45M | $10.85M | $11.18M |
| 2008 | $531.75M | $17.11M | −$23.67M |
| 2009 | $582.19M | −$17.02M | $5M |
| 2010 | $548.72M | $7.4M | $14.64M |
| 2011 | $596.56M | $32.3M | $5.81M |
| 2012 | $690.17M | $39.32M | $30.83M |
| 2013 | $767.59M | $61.8M | $48.78M |
| 2014 | $865.79M | $47.44M | $73.53M |
| 2015 | $906.2M | $40.97M | $83.82M |
| 2016 | $804.68M | $138.19M | $32.53M |
| 2017 | $649.18M | $52.56M | $55.85M |
| 2018 | $861M | $70.4M | −$52.81M |
| 2019 | $1.06B | $83.71M | −$21.26K |
| 2020 | $997.71M | $78.16M | $49.51M |
| 2021 | $1.1B | $111M | $43.37M |
| 2022 | $1.47B | $127.17M | $156.19M |
| 2023 | $1.79B | $113.91M | −$2.43M |
| 2024 | $1.96B | $135.07M | $139.26M |
| 2025 | $2.3B | $156.48M | $79.65M |
| 2026 | $2.39B | $179.69M | $9.3M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 19 Sep 2025)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.