Havells - White Goods
Havells reported strong performance in B2C segment with 20% revenue growth YoY. Broad-based growth across segments led to strong revenues but...
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Havells India (Q2FY25): Near-term blip an opportunity to ADD
While Havells’ Q2 revenue print (+16% YoY) surprised positively (+3% vs HSIE), its operational performance disappointed with EBITDAM falling by...
302 Views
Consumer Durables & EMS (Q2FY25 Results Preview): Soft Quarter, Festive Season a Key Monitorable
With Q2 being seasonally the weakest quarter, the demand environment remained impeded by weak consumer sentiment due to inflationary pressures
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Consumer Durables & EMS: Decoding Q1FY25 Trends
In Q1FY25, the consumer durables aggregate revenue grew by 21% YoY (+16% 2-yr CAGR). The growth was driven by the summer portfolio (room AC, air...
384 Views
Havells India - Margin Improvement a Tad Below Expectation.
Havells’ Q1 revenue print was largely in line with our estimates with the growth (+20% YoY) being led by the summer portfolio (ECD: +20%, Lloyd: +...
405 Views