Havells India was incorporated in 1983 is a billion–dollar company and is one of the largest & India’s fastest growing electrical and power distribution equipment manufacturer with products ranging from Industrial & Domestic Circuit Protection Switchgear, Cables & Wires, Motors, Water Heaters, Fans, Power Capacitors, CFL Lamps, Luminaires for Domestic, Commercial & Industrial applications and Modular Switches covering the entire gamut of household, commercial and industrial electrical needs.
Havells owns some of the prestigious global brands like Crabtree, Sylvania, Concord, Lumiance & Linolite. With 94 branches / representative offices and over 5000 professionals in over 50 countries across the globe, and the company has posted its Q4FY22 and year ended financial results today, the details are as below :
(I) Audited Consolidated Financial Results for Quarter Ended (YoY comparison):
The company has reported, a consolidated Total Income of ₹4,470.37 crore in the quarter ended on March 31, 2022 as against ₹3,375.87 crore in the corresponding quarter ended last year on Mar 31, 2021, increased by 33.42%.
The company has posted a consolidated Net Profit of ₹352.48 crore in the quarter ended on March 31, 2022 as against ₹303.83 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges up by 16.10%.
The status of the EPS of the company stood at ₹5.63 as on March 31, 2022 compared to the previous quarter ended on Mar 31, 2021 which was ₹4.85, up by 16.08%.
|₹*||Mar 31, 2022 (Q4FY22)||Dec 31, 21 (Q3FY22)||Mar 31, 21 (Q4FY21)|
|Total Tax /(credit)||121.77||104.73||152.50|
|PAT /(Loss) [to the owners]||352.48||305.82||303.83|
(II) Audited Consolidated Financial Result details for the Year Ended :
The company has reported, a consolidated Total Income of ₹14,098.52 crore in the financial year ended on March 31, 2022 as against ₹10,644.66 crore for the financial year ended on Mar 31, 2021, increased by 32.44%.
The company has posted a consolidated Net Profit of ₹1,196.47 crore in the financial year ended on March 31, 2022 as against ₹1,044.31 crore for the financial year ended on March 31, 2021. The PAT surges up by 14.57%.
The status of the EPS of the company stood at ₹19.10 as on March 31, 2022 compared to the previous year ended on March 31, 2021 which was ₹16.68, up by 14.50%.
|₹*||Mar 31, 2022 (FY22)||Mar 31, 2021 (FY21)|
|Total Tax /(credit)||410.09||393.24|
The Board of Directors decided to recommend a Final Dividend of ₹4.50 per equity share of Re. 1/- each in addition to the Interim Dividend of ₹3.00 per equity share Re. 1/- each already paid in October, 2021 , amounting to a total dividend of ₹7.50 per equity share i.e. 750% for the financial year 2021-22.
The stock of Havells India Ltd last hit in BSE,
- Intraday High of ₹ 1301.05
- Intraday low of ₹ 1250.00