- Havells India‘s net income for the fourth quarter was 5.22 billion rupees, marking a 16% increase compared to the same period last year.
- The reported net income exceeded market estimates, which stood at 4.65 billion rupees.
- Revenue for the quarter was 65.3 billion rupees, reflecting a 20% year-over-year growth and surpassing the estimated 62.57 billion rupees.
- Total costs for the quarter were 58.9 billion rupees, also representing a 20% increase from the previous year.
- Other income decreased by 9.3% year-over-year, amounting to 686.5 million rupees.
- The company announced a dividend of 6 rupees per share for shareholders.
- Analysts’ recommendations for Havells India include 28 buy ratings, 8 hold ratings, and 6 sell ratings.
A look at Havells India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have provided an overview of the long-term outlook for Havells India, a company that manufactures electrical products. The company’s Smart Scores indicate a promising future for Havells India, with above-average scores in several key areas. Havells India has received a solid score of 3 for both Dividend and Growth potential, showing good prospects for income generation and expansion. Additionally, the company has scored a strong 4 in Resilience and Momentum, reflecting its ability to withstand economic challenges and maintain positive market performance.
Overall, Havells India‘s Smart Scores suggest a favorable long-term outlook for the company. With decent ratings in value, dividend, growth, resilience, and momentum, Havells India appears to be well-positioned to capitalize on its diverse range of electrical products and continue its growth trajectory in the coming years.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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