Havells India Limited is a Fast Moving Electrical Goods (FMEG) Company, which shows its presence globally. It provides quality products and has an extensive distribution network. It provides a wide range of products to the consumers, such as - Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications.

Vision

To be a globally recognized corporation known for excellence, governance, consumer delight, and fairness to each stakeholder including the society and environment in which we operate.

Mission

To achieve our vision through business ethics, global reach, technological expertise, and building long-term relationships with all our associates, customers, partners, and employees.

Founder

Qimat Rai Gupta is an Indian entrepreneur, founder, former chairman, and managing director of Havells. Mr. Gupta always had a great interest in the field of trading business, but he did not get any opportunity. He began his career by becoming a school teacher in Punjab.

But, opportunity knocks the door of every person. Once he also got an unpredicted opportunity to manage the electrical goods shop of his uncle in Bhagirath Palace in Delhi. He placed all of his efforts into the business and escalate the sale. His uncle got impressed by his smart working nature, and made him an equal partner in his trading business. He finally got the first fruit of his efforts, which boosted his enthusiasm and interest.

He pursued a business opportunity, which became the base of the Rs. 17 Crore Empire.

Haveli Ram Gandhi started the company Havells. In 1948, Haveli Ram Gandhi came to Delhi during the partition, and thought to work with electrical appliances, and registered the brand Havells. He launched his company with the sale of electrical products, which became very famous.

After the death of his wife, his business faced a downfall. Haveli Ram Gandhi placed an opportunity before Qimat Rai Gupta to purchase the Havells brand under INR 7 Lakh. But Qimat Rai Gupta only brought Havells brand name from Haveli Ram Gandhi. With the flow of time, Qimat Rai Gupta placed his efforts into the business and took it to the peak of success.

These efforts have shown him a diversified way, which enabled him to bring cables, lighting, appliances, fans, and geysers to the business. His enthusiasm and efforts escalated the business and brought prosperity in hundredfold.

PRODUCTS AND SERVICES

The company makes the customers delightful by bringing various types of featureful products and services, which are convenient to use, and saves a lot of time. Its products are associated with high quality, which shows its presence globally, and traipse the attention of the customers. It makes the work easy and brings joy to the life of the customers. Let us have a look at different types of products provided to the customers and also the industries.

Consumers

Consumer products include the most frequently used products, which are a part of our daily lives. These are -

Fans

Ceiling fans, Low Power Consumption (LPC), table fans, pedestal fans, wall fans, personal fans, and domestic exhaust fans.

Lighting

Smart Lighting, LED Recess Panels, LED Spotlight, COB, Downlighter, LED Lamps, Portable, home art light, LED Strips, LED Outdoors, LED Battens.

Appliances

Cooking, food preparation, brewing, garment care, and climate control.

Water Heater

Storage water heaters, instant water heaters, instantaneous gas water heaters, Linea water heaters, immersion water heaters, and Heat pump water heaters.

Air Cooler

Desert cooler, personal cooler, window cooler, tower cooler.

Water Purifier

Alkaline Water Purifier, RO and UV water purifier, UV water purifiers.

Personal Grooming

Male grooming, female grooming, and skincare.

LLOYD Consumer Durable

Air Conditioner, Refrigerator, Washing Machine, Dish Washer, LED Television.

Solar

Solar Rooftop on grid solutions, solar off grid solutions, solar portables, solar on grid inverter, and solutions.

Pump

Centrifugal Pump, Monoblock Pump, Submersible Pump Openwell, submersible pump, borewell submersible pump.

Switches

Fabio art modular range, Fabio modular range, carbon modular range, frameio cover plates, coral modular range, ORO modular range, ORO metalica range, and accessories.

Switch Gear

Circuit Breaker, Energy Saver, distribution boards, surge protection device, control and monitoring device.

Flexible Cable

Heat Resistant Flame Retardant with Lifeline Plus S3, flame retardant low smoke and halogen, halogen-free flame retardant, multicore round cables, flat submersible cables, telecom switch board cables, CATV Co-Axial Cables, LAN Cables, CCTV Cables, Speaker Cables, Solar Cables.

Industrial

Professional Lighting

Indoor commercial, outdoor LED luminaires, LED luminaires, street light and mini mast solutions.

Solar

Solar ON grid solutions, solar OFF grid solutions, solar ON grid inverter, and solutions.

Heavy Duty Fans

Heavy Duty Exhaust Fans, and Air circulator.

Cables

HT Power cables, LT power cables, LT control cables, and Fire survival cables.

Motors

Crane duty motors, smoke motors, brake motors, inverter duty motors, and premium series energy efficient motors.

Switchgear and Controlgear

Circuit breakers, industrial switches, general purpose switchgear, magnetic contactor, thermal overload relay, and starter.

Power Quality Solutions

Power Capacitor, IOT Enabled IPFC Relay, HD Harmonic Detuned Reactor, IOT Enabled APFC Panel, High PIV Thyristor switch, SVG and Active Harmonic filter, and Hybrid panel.

Market Share of Havells

Havells gets an 18% share from the Miniature Circuit Breaker (MCB), whereas Flexible Cables brings a 16% share to the company. Again 18% share is brought by switches, and 11% by power cables. Lighting and fixtures bring 14% share to the business, and 19% share is brought by fans. Water heater brings 19% share, whereas other appliances bring 6% share to the business.

Revenue Stream by Division

Revenue marks its importance in increasing the profit margins of the company, which brings more prosperity and escalates the business on the pavement of progress. Every business mainly focuses on its revenue model, and always tries to increase it.

Havells gets 32% of the total revenue share from cables, and 23% share from the electrical consumers. LLOYD business contributes around 17% of the total revenue share and switchgear contributes around 16% of the total revenue share, whereas lighting and fixtures contribute around 12% of the total revenue share.

Share Holding Pattern

The Shareholding pattern marks its importance in playing an important role in fixing the Share Price. The promoter stake holds around 59.5% of the total share, and the public stake holds 7.5% of the total share. Whereas the DII stake holds around 8.1% of the total share, and 24.9% share is held by FII.

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