HAVELLS
Havells India
Each stock's 10,000-path forecast, rendered as light.
Havells India (HAVELLS) Stock Analysis & Case Study
Is HAVELLS a good buy? The data-driven verdict.
Havells India (HAVELLS) trades at ₹1,181,on the numbers it mixed signals, a Downstox Snapshot Score of 49/100.
On the numbers, Havells India (HAVELLS) mixed signals, a Downstox Snapshot Score of 49/100, weighing expensive at 43.8× earnings, ROE of 19.0%, a 13% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027–2031.
Last updated . Data snapshot for research, not investment advice.
HAVELLS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
Is HAVELLS overvalued? HAVELLS P/E vs its Consumer
HAVELLS's P/E of 43.8× sits below the Consumer peer median of 56.3×, so on earnings it screens cheaper than peers, while its 0.85% dividend yield is above the peer median of 0.60%.
HAVELLS share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of HAVELLS history (-25%/yr drift, 25%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| HAVELLS 2027 | ₹650 | ₹893 | ₹1,225 | -24% |
| HAVELLS 2028 | ₹429 | ₹678 | ₹1,049 | -42% |
| HAVELLS 2029 | ₹291 | ₹510 | ₹884 | -57% |
| HAVELLS 2030 | ₹205 | ₹385 | ₹730 | -67% |
| HAVELLS 2031 | ₹145 | ₹292 | ₹596 | -75% |
Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability HAVELLS goes up, or doubles?
The bull case for HAVELLS
- High return on equity (19.0%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise.
- Strong ROCE (24.9%) shows the core business earns well above its cost of capital.
- Relatively low volatility (25%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹884.
The bear case & risks
- A rich 43.8× P/E leaves a thin margin of safety if growth slows.
- The probability model is cautious 12 months out, only a 13% chance of finishing above today's price.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹291.
HAVELLS volatility & expected range, how bumpy is the ride?
Over the last 2.0 years HAVELLS compounded at -25%/year with annualized volatility of 25%. That volatility implies a 1-year 80% range of ₹650–₹1,225, the honest backbone behind any single price target.
HAVELLS price forecast, the full 60-month probability fan
HAVELLS price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds HAVELLS hits common targets within the simulated horizon?
Full multi-horizon detail on the HAVELLS price target & forecast page.
HAVELLS Piotroski F-Score: 4/9, how financially strong is it?
The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. HAVELLS scores 4/9,mixed financial health.
HAVELLS MTF margin & leverage, Upstox, Zerodha, Groww, Dhan
Margin Trading Facility lets you buy HAVELLS with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 27.5% | 3.6× |
| Zerodha | 23.4% | 4.3× |
| DhanCHEAPEST | 22.0% | 4.5× |
Compare every broker on the HAVELLS MTF page.
HAVELLS vs peers,Consumer comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| HAVELLS (this stock) | 43.8× | 0.85% | ₹74,032 Cr |
| ASIANPAINT | 57.7× | 1.03% | ₹2.56L Cr |
| TITAN | 75.4× | 0.25% | ₹3.88L Cr |
| BERGEPAINT | 54.9× | 0.69% | ₹64,031 Cr |
| KALYANKJIL | 28.6× | 0.39% | ₹39,358 Cr |
| BLUESTARCO | 61.5× | 0.51% | ₹34,246 Cr |
About Havells India: sector, index & market-cap context
Havells India (HAVELLS) is a mid-cap NSE-listed company in the Consumer sector, and a constituent of the Nifty 100 index group, with a market capitalisation of ₹74,032 Cr. See more Nifty 100 stocks.
How the HAVELLS Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Havells India's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
HAVELLS analysis, FAQs
Is Havells India (HAVELLS) a good buy?
On the numbers, Havells India (HAVELLS) mixed signals, a Downstox Snapshot Score of 49/100, weighing expensive at 43.8× earnings, ROE of 19.0%, a 13% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is HAVELLS overvalued or undervalued?
HAVELLS trades at 43.8× earnings versus a peer median of 56.3×, so it screens cheaper than its Consumer peers.
What is the HAVELLS share price target for 2031?
HAVELLS's probability-weighted 2031 median target is ₹292, with an 80% range of ₹145–₹596 (10,000-path Monte-Carlo).
What is the probability HAVELLS doubles in 5 years?
The modelled probability of HAVELLS reaching ₹2,353 (2×) within 5 years is 0%.
What is the bull case for HAVELLS?
High return on equity (19.0%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise. Strong ROCE (24.9%) shows the core business earns well above its cost of capital. Relatively low volatility (25%/yr), a steadier ride than the typical mid/small-cap.
What are the risks in HAVELLS?
A rich 43.8× P/E leaves a thin margin of safety if growth slows. The probability model is cautious 12 months out, only a 13% chance of finishing above today's price.