Investors are looking for promising stocks to invest in as the global economy slowly recovers. Due to its consistent expansion over the past few years, Havells India Ltd., a major leader in the electrical equipment sector, has caught the attention of numerous investors. Over the past ten years, the company’s share price has experienced an outstanding increase, and many experts believe the trend will continue in the years to come. Havells India may be a nice company to buy due to its solid financial performance, expansion goals, and cutting-edge products.
To determine the company’s share price target from 2024 to 2030, we will examine the company’s historical performance, current financial situation, and potential in the future.
Below are the trading platforms that you can use to purchase Havells India shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| June 2024 | 2,069.28 | 1,799.37 |
| July 2024 | 2,048.59 | 1,781.38 |
| August 2024 | 2,130.53 | 1,852.64 |
| September 2024 | 2,215.75 | 1,926.74 |
| October 2024 | 2,172.31 | 1,888.96 |
| November 2024 | 2,237.47 | 1,945.63 |
| December 2024 | 2,293.41 | 1,994.27 |
Havells India’s 2024 share price targets show a range from ₹1,799.37 to ₹2,293.41. With a market cap of ₹1,20,044 Cr., current price ₹1,916, and P/E of 95.1, it reflects robust growth potential despite volatility, supported by a book value of ₹119
| When | Maximum Price | Minimum Price |
| January 2025 | 2,339.28 | 1,799.45 |
| February 2025 | 2,399.26 | 1,845.59 |
| March 2025 | 2,492.83 | 1,917.56 |
| April 2025 | 2,443.95 | 1,879.96 |
| May 2025 | 2,372.77 | 1,825.21 |
| June 2025 | 2,479.55 | 1,907.34 |
| July 2025 | 2,430.93 | 1,869.94 |
| August 2025 | 2,506.11 | 1,927.78 |
| September 2025 | 2,593.82 | 1,995.25 |
| October 2025 | 2,661.26 | 2,047.13 |
| November 2025 | 2,727.79 | 2,098.30 |
| December 2025 | 2,795.99 | 2,150.76 |
Havells India’s projected share prices for 2025 indicate a potential range between ₹1,799.45 and ₹2,795.99.
| When | Maximum Price | Minimum Price |
| January 2026 | 2,879.87 | 2,215.28 |
| February 2026 | 2,953.71 | 2,272.09 |
| March 2026 | 3,068.91 | 2,360.70 |
| April 2026 | 3,008.73 | 2,314.41 |
| May 2026 | 2,921.10 | 2,247.00 |
| June 2026 | 3,052.55 | 2,348.11 |
| July 2026 | 2,992.70 | 2,302.07 |
| August 2026 | 3,085.25 | 2,373.27 |
| September 2026 | 3,193.24 | 2,456.34 |
| October 2026 | 3,276.26 | 2,520.20 |
| November 2026 | 3,358.17 | 2,583.21 |
| December 2026 | 3,442.12 | 2,647.79 |
In 2026, Havells India’s share price targets range from ₹2,215.28 to ₹3,442.12. These projections reflect anticipated growth in the electrical equipment sector, showcasing potential for substantial market valuation increase throughout the year.
| When | Maximum Price | Minimum Price |
| January 2027 | 3,510.96 | 2,700.74 |
| February 2027 | 3,600.99 | 2,769.99 |
| March 2027 | 3,741.43 | 2,878.02 |
| April 2027 | 3,668.07 | 2,821.59 |
| May 2027 | 3,561.23 | 2,739.41 |
| June 2027 | 3,721.48 | 2,862.68 |
| July 2027 | 3,648.51 | 2,806.55 |
| August 2027 | 3,761.35 | 2,893.35 |
| September 2027 | 3,893.00 | 2,994.62 |
| October 2027 | 3,994.22 | 3,072.48 |
| November 2027 | 4,094.08 | 3,149.29 |
| December 2027 | 4,196.43 | 3,228.02 |
In 2027, Havells India’s share price targets range from ₹2,700.74 to ₹4,196.43. These projections indicate strong growth potential in the electrical equipment sector, highlighting anticipated market optimism and increasing valuation throughout the year.
| When | Maximum Price | Minimum Price |
| January 2028 | 4,280.36 | 3,292.58 |
| February 2028 | 4,390.11 | 3,377.01 |
| March 2028 | 4,561.32 | 3,508.71 |
| April 2028 | 4,471.89 | 3,439.91 |
| May 2028 | 4,341.64 | 3,339.72 |
| June 2028 | 4,537.01 | 3,490.01 |
| July 2028 | 4,448.05 | 3,421.58 |
| August 2028 | 4,585.62 | 3,527.40 |
| September 2028 | 4,746.11 | 3,650.86 |
| October 2028 | 4,869.51 | 3,745.78 |
| November 2028 | 4,991.25 | 3,839.42 |
| December 2028 | 5,116.03 | 3,935.41 |
| When | Maximum Price | Minimum Price |
| January 2029 | 5,218.35 | 4,014.12 |
| February 2029 | 5,352.16 | 4,117.04 |
| March 2029 | 5,560.89 | 4,277.61 |
| April 2029 | 5,451.85 | 4,193.73 |
| May 2029 | 5,293.06 | 4,071.59 |
| June 2029 | 5,531.25 | 4,254.81 |
| July 2029 | 5,422.79 | 4,171.38 |
| August 2029 | 5,590.51 | 4,300.39 |
| September 2029 | 5,786.18 | 4,450.91 |
| October 2029 | 5,936.62 | 4,566.63 |
| November 2029 | 6,085.03 | 4,680.79 |
| December 2029 | 6,237.16 | 4,797.81 |
| When | Maximum Price | Minimum Price |
| January 2030 | 6,361.90 | 4,893.77 |
| February 2030 | 6,525.03 | 5,019.25 |
| March 2030 | 6,779.50 | 5,215.00 |
| April 2030 | 6,646.57 | 5,112.75 |
| May 2030 | 6,452.98 | 4,963.83 |
| June 2030 | 6,743.37 | 5,187.21 |
| July 2030 | 6,611.14 | 5,085.50 |
| August 2030 | 6,815.61 | 5,242.78 |
| September 2030 | 7,054.16 | 5,426.28 |
| October 2030 | 7,237.57 | 5,567.36 |
| November 2030 | 7,418.51 | 5,706.54 |
| December 2030 | 7,603.97 | 5,849.21 |
Financial Condition of Havells India: Last 5 years
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Sales (Rs. Crores) | 10,073 | 9,440 | 10,457 | 13,938 | 16,911 | 18,590 |
| Expenses (Rs. Crores) | 8,885 | 8,374 | 8,868 | 12,163 | 15,290 | 16,709 |
| Operating Profit (Rs. Crores) | 1,189 | 1,067 | 1,589 | 1,775 | 1,621 | 1,881 |
| Other Income (Rs. Crores) | 124 | 107 | 187 | 159 | 178 | 249 |
| Interest (Rs. Crores) | 16 | 51 | 90 | 67 | 55 | 84 |
| Depreciation (Rs. Crores) | 149 | 218 | 249 | 261 | 296 | 338 |
| Profit Before Tax (Rs. Crores) | 1,147 | 904 | 1,438 | 1,607 | 1,447 | 1,707 |
| Net Profit (Rs. Crores) | 788 | 735 | 1,044 | 1,196 | 1,072 | 1,271 |
| EPS (Rs.) | 12.59 | 11.75 | 16.68 | 19.10 | 17.11 | 20.28 |
Over the past five years, Havells India has demonstrated strong financial growth. Sales have consistently increased from Rs. 10,073 crores in 2019 to Rs. 18,590 crores in 2024, reflecting robust market demand.
Despite rising expenses, which escalated from Rs. 8,885 crores to Rs. 16,709 crores during the same period, the company managed to maintain healthy operating profits, reaching Rs. 1,881 crores in 2024. This growth trajectory is supported by additional income streams and efficient cost management. Net profit rose from Rs. 788 crores to Rs. 1,271 crores, paralleled by an increase in earnings per share from Rs. 12.59 to Rs. 20.28, indicating strong profitability and shareholder value enhancement.
FAQS
As of June 25, 2024, the share price of Havells India stands at ₹1,916.
The Share Price Prediction of Havells India is projected to reach ₹2,795.99 by the end of 2025.
The Maximum share Price Prediction of Havells India is expected to reach ₹7,603.97 by the end of 2030.
What is the historical performance of Havells India?
Havells India has shown steady growth in revenue and profit over the past five years, with a compound annual growth rate (CAGR) of 11.2% and 11.4%, respectively.
What is the dividend history of Havells India?
Havells India has a consistent dividend payout history, with a dividend payout ratio of around 35% in the past five years.
What is the opinion of experts on investing in Havells India?
The opinion of experts on investing in Havells India is mixed, with some recommending a buy rating based on the company’s growth prospects, while others suggest caution due to industry competition and economic volatility.
What are the risks associated with investing in Havells India?
Risks associated with investing in Havells India include industry competition, economic volatility, changes in government policies and regulations, and currency fluctuations.
What is the outlook for the electrical equipment industry in India?
The electrical equipment industry in India is expected to grow at a CAGR of around 8% over the next few years, driven by government initiatives to boost infrastructure development and the increasing demand for consumer and industrial goods.
Is Havells India a good investment for long-term growth?
Havells India has shown consistent growth in revenue and profit over the past few years, and its dividend payout history is stable. However, investors should consider the risks associated with the industry and economic conditions before investing for long-term growth.
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Conclusion
In 2024, investing in Havells India appears to be a promising opportunity for those seeking exposure to the electrical equipment sector. The company has exhibited strong financial performance with consistent revenue and profit growth over the past five years, supported by efficient cost management and expanding market demand.
With a projected share price target ranging from ₹1,799.37 to ₹2,293.41 by the end of the year and expectations for further growth in subsequent years, Havells India presents a compelling case for investment. However, potential investors should consider industry competition, economic volatility, and market risks before making a decision. Conducting thorough research and consulting with financial advisors can provide valuable insights into the suitability of Havells India as a long-term investment.
What did we learn?
- 1 How to Buy Havells India shares?
- 2 Havells India Share Price Target: 2024 to 2030
- 3 Financial Condition of Havells India: Last 5 years
- 4 FAQS
- 4.1 What is the current share price of Havells India?
- 4.2 What is the share price Prediction of Havells India for 2025?
- 4.3 What is the Maximum share price Prediction of Havells India for 2030?
- 4.4 What is the historical performance of Havells India?
- 4.5 What is the dividend history of Havells India?
- 4.6 What is the opinion of experts on investing in Havells India?
- 4.7 What are the risks associated with investing in Havells India?
- 4.8 What is the outlook for the electrical equipment industry in India?
- 4.9 Is Havells India a good investment for long-term growth?
- 5 Conclusion
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