Havells India Ltd.

Company Snapshot

Founded: 1958
Entity Type: Public
Employees: 7,117
Region: India
Revenue: $2,630.8 Millions
Revenue Year: 2024
Headquarter: Noida, India
Key Geographics: Domestic and Overseas
Corporate Address: QRG Towers, 2D Sector - 126, Expressway Noida - 201 304, U.P., India Tel. +91-120-333-1000 www.havells.com

Company Overview

Havells India Ltd. manufactures power distribution equipment and is a leading Fast Moving Electrical Goods (FMEG) company with a significant global presence. A wide range of products, including industrial and domestic circuit protection devices, cables and wires, motors, fans, modular switches, home appliances, air conditioners, electric water heaters, power capacitors and luminaires for domestic, commercial and industrial applications, are all provided by Havells. With its "Havells Exclusive Brand Stores," the firm introduced the idea of an exclusive brand showroom to the electrical industry. Some of the most prominent brands, including Havells, Lloyd, Crabtree and Standard, are owned by Havells. Its network has 35 branches across India, with over 14000 dealers and 4,000 professionals. The company has 14 manufacturing facilities in India, including those in Haridwar, Baddi, Sahibabad, Faridabad, Alwar, Neemrana and Ghiloth and sells its products in over 60 countries.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Havells India Ltd. In Reports

Water Heater: Global Markets

BCC Research Market Analyst says global market for water heaters is estimated to increase from $23.7 billion in 2023 to reach $32.1 billion by 2029, at a CAGR of 5.2%.

Wire and Cable: Materials, Technologies and Global Markets

BCC Research Market Report says market for wires and cables is estimated to grow from $335.0 billion in 2021 to reach $426.8 billion by 2026, at a CAGR of 5.0%

Wires and Cables for Energy Transmission, Telecom and Consumer Electronics

The global cables market should grow from $336.2 billion in 2020 to $425.4 billion by 2025 at compound annual growth rates (CAGR) of 4.8% for the period of 2020-2025.

Company's Business Segments

  • Switchgears : It includes domestic and Industrial switchgears, electrical wiring accessories, and capacitors.
  • Cables : It includes domestic cables and Industrial underground cables.
  • Lighting and Fixtures : It includes energy saving lamps (LED, fixtures), and luminaries.
  • Electrical Consumer Durables : It comprises fans, water heaters, coolers, and domestic appliances.
  • Lloyd Consumer : It comprises air conditioner, television, refrigerator, and washing machine.
  • Others : It includes motors, pump, water purifier, solar, and personal grooming.

Applications/End User Industries

  • Residential
  • Commercial
  • Industrial
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