NSE: HAVELLS | BSE: 517354 | ISIN: INE176B01034

INDUSTRY : Other Electrical Equipment/Products

Havells India Ltd.

Expensive Performer

567.85 0.35 (0.06%)

29.62% Fall from 52W High

Volume: 2.3M

NSEJun 05, 2020 15:31

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Havells India Ltd.    
03 Jun 2020
567.85
0.06%
HAVELLS INDIA LTD. - 517354 - Announcement under Regulation 30 (LODR)-Newspaper Publication
BSE India
Havells India Limited has informed the Exchange regarding ''Newspaper clippings of the Notice published by the Company for the attention of its Shareholders, titled, TRANSFER OF UNPAID DIVIDEND IN RESPECT OF FY 2012-13 AND THE UNDERLYING SHARES ON WHICH DIVIDEND IS UNPAID/ UNCLAIMED FOR 7 CONSECUTIVE YEARS BEGINNING FY 2012-13 TO THE IEPF (INVESTOR EDUCATION AND PROTECTION FUND), in the Economic Times (English) and Jansatta (Hindi) editions on 3rd June, 2020''.
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Havells India Ltd.    
02 Jun 2020
567.85
0.06%
Havells India Ltd.    
02 Jun 2020
567.85
0.06%
Havells India Ltd.    
31 May 2020
567.85
0.06%
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Havells India Ltd.    
30 May 2020
567.85
0.06%
HAVELLS INDIA LTD. - 517354 - Reg. 34 (1) Annual Report
BSE India
Havells India Limited furnishes the 37th Annual Report of the Company for the financial year 2019-20 as the 2nd Integrated Report of the Company along with the Notice convening the 37th Annual General Meeting of the Company scheduled to be held on 22nd day of June, 2020.
Havells India Ltd.    
28 May 2020
567.85
0.06%
HAVELLS INDIA LTD. - 517354 - Announcement under Regulation 30 (LODR)-Newspaper Publication
BSE India
Havells India Limited has informed the Exchange regarding ''Newspaper clippings from the Economic Times (English) and Jansatta (Hindi) editions of 28th May, 2020 where a Public Notice has been published by the Company in compliance of MCA Circular No. 20/2020 dtd 5th May, 2020, before sending the Notice of the ensuing AGM (Annual General Meeting) together with the Annual Report to all the Members of the Company and other persons so entitled. The AGM of the Company for the financial year 2019-20 has been scheduled for 22nd day of June, 2020, Monday, 10:00 am through VC (Video Conferencing)/ OAVM (Other Audio Visual Means).
Havells India Ltd.    
15 May 2020
567.85
0.06%
HAVELLS INDIA LTD. - 517354 - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of ...
BSE India
This is further to our earlier intimation sent by the Company viz. Havells India Limited on 10th February, 2020 informing that the Scheme of Amalgamation between the Company viz. Havells India Limited ('Transferee Company') and its wholly owned subsidiaries namely, Havells Global Limited, Standard Electrical Limited, Lloyd Consumer Private Limited and Promptec Renewable Energy Solutions Private Limited, (jointly referred to as 'Transferor Companies') had become effective from 7th February, 2020 upon filing of the certified true copy of the Order of the Hon'ble National Company Law Tribunal (NCLT) on that date with the ROC. In this regard, please note that the said e-Form has been approved by the ROC today on 15th May 2020 and accordingly Authorised Share Capital of the Company has increased from Rs.100,05,00,000 to Rs.103,75,00,000.
Havells India Ltd.    
13 May 2020
567.85
0.06%
Earnings Call Transcript - Q4FY20 for Havells India

Conference Call with Havells India Management and Analysts on Q4FY20 and Full Year Earnings Performance and Outlook. Listen in to the full earnings transcript.

Call Participants: Mr. Anil Rai Gupta - Chairman and Managing Director, Mr. Rajesh Kumar Gupta - Director (Finance) and Group CFO, Mr. Rajiv Goel - Executive Director

Introductory Remarks from Anil Rai Gupta

Good morning everyone! We hope everyone is safe, secure and healthy. During the current time, safety of all our employees and stakeholders are paramount. We moved to work from home on 21st March, though the activities were disrupted from 15th of March itself. We are cautiously resuming our activities, initiating our factories.

Markets are at a slow pace as customers and dealers are acting with caution. The pick up is relatively better in semi-urban and rural areas as urban areas continue to be challenging owing to the lockdown. We have been in constant communication with our employees and dealers. 

I led a live streaming with our 5,000 employees and 9,000 dealers to apprise them of our offers, protect their interests and well being. Prior to the lockdown, we had sufficient cash balance and we have been regular in paying dues for employee, vendors and all statutory government dues.

The year end incentive schemes for our dealers were also settled and paid on 31st March itself which is highly appreciated by the fraternity. We have further bolstered our cash reserves for further credit lines. Q4 had started on a healthy note with consumer businesses growing in double digits in the first two months. Lloyd had a spectacular growth in January and February and it gained momentum for March closure. 

However, the loss of the last 15 days had a crippling effect at the Q4 performance. Being an year end and a quarter end, the later part of March has a disproportionate effect on the quarter sales constituting as much as 25% of the sales. We feel if disruption had not occurred, we could have grown Q4 at 9%. The external environment continues to be challenging, volatile and evolving. We are responding to the emerging scenario with agility and preparedness. We currently wish that the epidemic is controlled and economic activities resume in a very short period.

The economic activity started on the 4th of May and it's just 7-8 days of economic activities. The urban area is still opening up in a very small way but there is demand coming up from rural and semi urban. There could be a possibility that during the month of April some of the stocks would have depleted in these areas where they would have opened some shops and started selling some materials. Generally speaking, February and March are the months where we start picking up materials for the year end closure. Though, the major sales happened during the last 10 days, but still there is a little bit of higher pick up. 

This was also a special year where in January and February we saw a little bit of more pick up of air conditioners because generally people were expecting that there may be some slowdown in primary sales from companies in the month of March and shortage of supply after China closure.

So, there was enough stock built up at the dealers and in reality, we are also a little bit pleasantly surprised with the start of some activities and primary sales. However, it is restricted to products like fans, air conditioners which are obviously seasonal products and which also shows that the dealers are definitely not picking up for stocking. They have secondary and tertiary sales happening at the counters.

Also, we see pick up in domestic wires sales which also means that maybe in some small towns, some construction activities were continuing during the lockdown as well and hence some requirement of wires are also coming in. 

We also see small product categories like personal grooming is picking up. This is sporadic but because of our distribution in semi urban and rural areas, we have also seen some demand from rural areas for lighting products and fans specially. There is a mix of everything. I would say that the first 7-8 days are a little bit better than what we were expecting. 


During the last 45 days or so, while we were expecting zero to nil collection during this period, we saw collections starting from the first week of April. From the first 7-8 days, the collections were very low from the dealers. I think in our case, we see more responsible activity coming from all sets of dealers rather than just delaying payment.

A mix of many things are timely settlement of their credit notes for the entire year. The fact is that we also have some long term funds available for such times and dealers can use that. We are not facing a problem where the dealers are expecting very long lines of credit from the company. So, when economic activity had started, generally speaking, we were in a much better shape. There is no great expectation of a credit line. Also, I would say that at this point in time, there's not enough requirement for heavy discount as it's mostly pull based sales. 

Havells India Ltd.    
12 May 2020
567.85
0.06%
HAVELLS INDIA LTD. - 517354 - Announcement under Regulation 30 (LODR)-Change in Directorate
BSE India
In the Board Meeting of the Company held today on 12 May 2020, where the Standalone and Consolidated Audited Financial Results for the fourth quarter and financial year ended 31 March 2020 were approved, the Board of Directors, upon the recommendation of the Nomination and Remuneration Committee, has also appointed Mr Subhash S Mundra (DIN - 00979731), Mr B Prasada Rao (DIN - 01705080) and Mr Vivek Mehra (DIN - 00101328) as Additional Directors (Independent) on the Board of Directors of the Company, with effect from 12th May, 2020 to hold office upto the next Annual General Meeting of the Company.
Havells India Ltd.    
12 May 2020
567.85
0.06%
HAVELLS INDIA LTD. - 517354 - Announcement under Regulation 30 (LODR)-Investor Presentation
BSE India
In furtherance to the Audited Standalone and Consolidated financial results of the Company viz. Havells India Limited already forwarded to the stock exchanges this day in compliance of Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, also please find enclosed herewith an information update on the financial results of the Company for the fourth quarter and financial year ended 31st March, 2020.
  • Stock Price (540.35) crossed above 30 Day SMA (503.15) on 01 June, 2020
  • Stock Price (540.35) crossed above 50 Day SMA (509.21) on 01 June, 2020
  • Week Change by 17.63% (Crossed threshold 15%) on 01 June, 2020
  • Geojit BNP Paribas downgraded Havells India Ltd. to Accumulate with a price target of 528.0 on 28 May, 2020.
  • Month Change by -21.22% (Crossed threshold 20%) on 07 April, 2020
More triggered alerts
Ex-Date Dividend Amount Dividend Type Record Date
March 16, 20204.00INTERIMMarch 17, 2020
July 18, 20194.50FINAL-
July 4, 20184.00FINAL-
June 21, 20173.50FINAL-
June 29, 20163.00FINAL-
All dividends by HAVELLS
Ex-Date Dividend Bonus Ratio Record Date
Oct. 8, 20101:1Oct. 11, 2010
July 20, 20061:1July 21, 2006
Aug. 4, 20051:1Aug. 6, 2005
All bonuses by HAVELLS
Ex-Date Dividend Old FVNew FV Record Date
Aug. 26, 201451-
Dec. 30, 2003105Jan. 7, 2004
All splits by HAVELLS