HAVELLS INDIA LIMITED IS AN INDIAN MULTINATIONAL ELECTRICAL COMPANY BASED IN NOIDA. THE COMPANY MANUFACTURES HOME APLLIANCES, LIGHTING FOR DOMESTIC, COMMERCIAL AND INDUSTRIAL OPERATIONS. LED LIGHT, FANS MODULAR SWITCHES AND WIRING ACCESSORIES, WATER HEATERS, INDUSTRIAL AND DOMESTIC CIRCUIT CABLES AND WIRES, INDUCTION MOTORS AND CAPACITORS AMONG OTHERS. HAVELLS OWNS BRANDS LIKE HAVELLS, LIOYD, CROBTREE, STANDARD ELECTRIC, REO AND PROMPTEC.
IN 1958, QIMAT RAI GUPTA MOVED FROM MALEKOTLA TO OLD DELHI, EHRER HE SET UP AN ELECTRICAL TRADING SHOP. IN 1971, HAVELI RAM GANDHI SOLD HIS SWITCHGEAR COMPANY HAVELLS TO GUPTAWHO WAS DISTRIBUTOR AT THAT TIME. COMPANY FOUNDED IN 1958. HEADQUARTERS LOCATED IN NOIDA, UTTAR PRADESH. IT FOUNDER NAME IS QIMAT RAI GUPTA.
ITS DIVISIONS IS LV MOTORS, HOME APPLICATIONS, KITCHEN APPLIANCES, LIGHTENING, CONSUMER SWITCHGEAR CABLE AND WIRES ELECTRICAL EQUIPMENT’S.
IN 1983, THE COMPANY WAS INCORPORATED AS HAVELLS INDIA PRIVATE LIMITED. IN 1992, THE COMPANY`S NAME WAS CHANGED TO HAVELLS INDIA LIMITED. HAVELLS HAS ACQUIRED SEVERAL BRANDS, INCLUDING CRABTREE, SYLVANIA, ECS, DUKE ARNICS ELECTRONICS AND STANDARD ELECTRICALS. HAVELLS HAS A GLOBAL PRESENCE AND OWNS SEVERAL PRESTIGIOUS BRANDS.
HAVELLS CONTRIBUTES TO SOCIETY IN A NUMBER OF WAYS INCLUDING PROVIDING MID-DAY MEALS IN GOVERNMENT’S SCHOOLS, CONSTRUCTING TOILETS FOR GIRLS AND CONTRIBUTING TO NATURAL DISASTER RELIEF FUNDS.
IPO: –
THE COMPANY LISTED ITS INITIAL PUBLIC OFFERING (IPO) IN 2001.
HERE ARE SOME OF THE STOCK SPLIT AND BONUS HISTORY DETAILS FOR HAVELLS INDIA:-
STOCK SPLITS:-
HAVELLS INDIA HAS HAD STOCK SPLITS ON THE FOLLOWING DATES:
| SL NO | DATE | SPLIT RATIO |
| 1. | 25 AUG 2014 | 5:1 |
| 2. | 07 OCT 2010 | 2:1 |
| 3. | 19 JUL 2006 | 2:1 |
BONUS ISSUES:-
HAVELLS INDIA HAS HAD BONUS ISSUES ON THE FOLLOWING DATES:-
| SL NO | DATE | BONUS RATIO |
| 1. | 08 AUG 2010 | 1:1 |
| 2. | 20 JUL 2006 | 1:1 |
| 3. | 04 AUG 2005 | 1:1 |
HAVELLS INDIA HAS NOT ANNOUNCED ANY STOCK SPLIT SINCE 2018.
MARKET CAP:-
RS 107709 CR
CURRENT PRICE:-
RS 1718/-
HIGH / LOW:-
RS 2106 / 1280
STOCK P / E :-
76.4
BOOK VALUE:-
RS 124
DIVIDEND YIELD:-
0.52%
ROE:-
18.0%
FACE VALUE:-
RS 1.00/-
PROS:-
COMPANY IS ALMOST DEBT FREE.
COMPANY HAS BEEN MAINTAIN A HEALTHY DIVIDEND PAY-OUT OF 42.5%.
CONS:-
COMPANY IS TRADING AT 13.8 TIMES ITS BOOK VALUE.
DIVIDEND HISTORY:-
| EX-DATE | DIVIDEND AMOUNT | DIVIDEND TYPE | RECORD DATE |
| 31 May 2024 | 6.00 | FINAL | – |
| 01 Feb 2024 | 3.00 | INTERIM | 01 Feb 2024 |
| 02 Jun 2023 | 4.50 | FINAL | – |
| 25 Jan 2023 | 3.00 | INTERIM | 28 Jan 2023 |
| 14 Jun 2022 | 4.50 | FINAL | – |
| 27 Oct 2021 | 3.00 | INTERIM | 28 Oct 2021 |
| 17 Jun 2021 | 3.50 | FINAL | – |
| 28 Jan 2021 | 3.00 | INTERIM | 29 Jan 2021 |
| 16 Mar 2020 | 4.00 | INTERIM | 17 Mar 2020 |
| 18 Jul 2019 | 4.50 | FINAL | – |
| 04 Jul 2018 | 4.00 | FINAL | – |
| 21 Jun 2017 | 3.50 | FINAL | – |
| 29 Jun 2016 | 3.00 | FINAL | – |
| 10 Feb 2016 | 3.00 | SPECIAL | 11 Feb 2016 |
| 29 Jun 2015 | 3.00 | FINAL | – |
| 26 Jun 2014 | 10.00 | FINAL | – |
| 19 Mar 2014 | 5.00 | INTERIM | 20 Mar 2014 |
| 20 Jun 2013 | 7.50 | FINAL | – |
| 04 Jul 2012 | 6.50 | FINAL | – |
| 22 Jul 2011 | 2.50 | FINAL | – |
| 06 Sep 2010 | 2.50 | FINAL | – |
| 09 Feb 2010 | 1.25 | INTERIM | 10 Feb 2010 |
| 12 Aug 2009 | 2.50 | FINAL | – |
| 26 Jun 2008 | 2.50 | FINAL | – |
| 20 Jun 2007 | 2.50 | FINAL | – |
| 05 Jun 2006 | 2.50 | FINAL | – |
| 24 Jun 2005 | 2.50 | FINAL | – |
| 09 Jul 2004 | 1.25 | FINAL | – |
| 30 Oct 2003 | 1.50 | INTERIM | 31 Oct 2003 |
| 16 Jul 2003 | 2.50 | FINAL | – |
| 09 Aug 2002 | 0.00 | FINAL | – |
| 23 Jul 2001 | 0.00 | FINAL | – |
THANKS.
PLEASE COMMENT IN COMMENT BOX.
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