Finding the ideal stock with strong growth potential is comparable to finding a hidden treasure in the world of investing. Let’s take a trip through time and discover the share price targets for Havells India Ltd. from 2023 to 2030 as we go through time. The financial environment changes annually, offering investors both dangers and possibilities. With the help of this post, we hope to clear up any confusion and reveal any future opportunities regarding the expected trajectory of Havells India’s share prices. Is Havells India a wise investment? Let’s explore the data-driven analysis, market trends, and professional insights to find the solution and arm you with the information you need to make wise investment decisions. Get ready to follow Havells India’s shares on this thrilling voyage to financial prosperity and assess their prospective growth.
Contents
Below are the trading platforms that you can use to purchase Havells India shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2023 | ₹1,355.45 | ₹1,042.65 |
| June 2023 | ₹1,626.54 | ₹1,251.18 |
| July 2023 | ₹1,951.85 | ₹1,501.42 |
| August 2023 | ₹2,147.03 | ₹1,651.56 |
| September 2023 | ₹2,254.38 | ₹1,734.14 |
| October 2023 | ₹2,147.03 | ₹1,651.56 |
| November 2023 | ₹2,361.74 | ₹1,816.72 |
| December 2023 | ₹2,645.14 | ₹2,034.73 |
The table provides a snapshot of Havells India share price predictions for the year 2023. The maximum and minimum prices for each month are listed, indicating the potential range of price fluctuations. The prices show an overall upward trend, with gradual growth over the year. The maximum price starts at ₹1,355.45 in May and reaches its peak at ₹2,645.14 in December. Similarly, the minimum price starts at ₹1,042.65 in May and gradually increases to ₹2,034.73 in December. This indicates a bullish market for Havells India shares in 2023, with a notable growth percentage over the course of the year.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹2,784.36 | ₹2,141.82 |
| February 2024 | ₹3,128.50 | ₹2,607.08 |
| March 2024 | ₹3,293.15 | ₹2,677.36 |
| April 2024 | ₹2,993.78 | ₹2,302.91 |
| May 2024 | ₹2,494.81 | ₹1,919.09 |
| June 2024 | ₹2,993.78 | ₹2,302.91 |
| July 2024 | ₹2,544.71 | ₹1,972.64 |
| August 2024 | ₹2,799.18 | ₹2,221.57 |
| September 2024 | ₹2,939.14 | ₹2,260.88 |
| October 2024 | ₹3,457.81 | ₹2,659.86 |
| November 2024 | ₹3,630.70 | ₹2,792.85 |
| December 2024 | ₹3,703.32 | ₹2,848.71 |
The table outlines the projected Havells India share price targets for the year 2024. The maximum and minimum prices for each month provide insights into the potential price fluctuations. The maximum price target starts at ₹2,784.36 in January and gradually climbs to its peak at ₹3,703.32 in December. Conversely, the minimum price target starts at ₹2,141.82 in January and increases to ₹2,848.71 in December. This suggests a bullish trend in the market, with an overall positive return expected for Havells India shares in 2024. The share prices show steady growth, indicating an upward trajectory for investors. However, it’s important to note that market conditions can change, and careful analysis is advised before making investment decisions.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹3,777.38 | ₹2,905.68 |
| February 2025 | ₹3,976.19 | ₹3,058.61 |
| March 2025 | ₹4,175.00 | ₹3,211.54 |
| April 2025 | ₹3,727.68 | ₹2,867.45 |
| May 2025 | ₹3,388.80 | ₹2,606.77 |
| June 2025 | ₹3,727.68 | ₹2,867.45 |
| July 2025 | ₹3,550.17 | ₹2,730.90 |
| August 2025 | ₹3,698.10 | ₹2,844.69 |
| September 2025 | ₹3,883.00 | ₹2,986.92 |
| October 2025 | ₹4,115.98 | ₹3,166.14 |
| November 2025 | ₹4,404.10 | ₹3,387.77 |
| December 2025 | ₹4,492.18 | ₹3,455.52 |
The table presents the projected Havells India share price targets for the year 2025. Analyzing the maximum and minimum prices for each month provides insights into the potential price range. The maximum share price target starts at ₹3,777.38 in January and gradually increases to ₹4,492.18 in December. Similarly, the minimum share price target starts at ₹2,905.68 in January and rises to ₹3,455.52 in December. This indicates an overall positive trend, with an expected upside potential for investors in 2025. The average target price demonstrates a consistent upward trajectory, suggesting a favorable outlook for the company. However, it’s important to consider market conditions and conduct thorough research before making investment decisions.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹2,645.14 | ₹1,042.65 |
| 2024 | ₹3,703.32 | ₹2,141.82 |
| 2025 | ₹4,492.18 | ₹2,867.45 |
| 2026 | ₹3,144.53 | ₹2,201.17 |
| 2027 | ₹2,672.85 | ₹1,870.99 |
| 2028 | ₹4,811.13 | ₹3,367.79 |
| 2029 | ₹9,882.80 | ₹6,917.96 |
| 2030 | ₹11,005.85 | ₹7,704.09 |
The provided data showcases the projected Havells India share price targets from 2026 to 2030. In 2026, the maximum price target is ₹3,144.53, while the minimum price target is ₹2,201.17. Moving forward, the maximum price target increases to ₹4,811.13 in 2028 and further to ₹11,005.85 in 2030. Similarly, the minimum price target rises to ₹3,367.79 in 2028 and to ₹7,704.09 in 2030. These projections suggest a potential growth trend for Havells India shares, indicating the possibility of favorable returns for investors during this period. However, it’s crucial to note that market conditions can fluctuate, and thorough analysis should be undertaken before making investment decisions.
Financial Condition of Havells India: Last 5 years
| Narration | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Mar-23 |
| Sales | 10,073.43 | 9,440.26 | 10,457.30 | 13,938.48 | 16,910.73 |
| Expenses | 8,884.87 | 8,373.50 | 8,868.11 | 12,163.12 | 15,290.01 |
| Operating Profit | 1,188.56 | 1,066.76 | 1,589.19 | 1,775.36 | 1,620.72 |
| Other Income | 124.08 | 106.68 | 187.36 | 159.01 | 177.57 |
| Depreciation | 149.38 | 217.97 | 248.91 | 260.89 | 296.17 |
| Interest | 16.25 | 51.36 | 90.09 | 66.92 | 55.06 |
| Profit before tax | 1,147.01 | 904.11 | 1,437.55 | 1,606.56 | 1,447.06 |
| Tax | 359.40 | 168.76 | 393.24 | 410.09 | 375.33 |
| Net profit | 787.61 | 735.35 | 1,044.31 | 1,196.47 | 1,071.73 |
| EPS | 12.59 | 11.75 | 16.68 | 19.10 | 17.11 |
| Price to earning | 61.35 | 40.89 | 62.97 | 60.33 | 69.48 |
| Price | 772.50 | 480.45 | 1,050.40 | 1,152.55 | 1,188.50 |
| RATIOS: | |||||
| Dividend Payout | 35.74% | 34.04% | 38.96% | 39.26% | 43.84% |
| OPM | 11.80% | 11.30% | 15.20% | 12.74% | 9.58% |
The financial bank statement of Havells India for the last five years reflects the company’s growth trajectory. The revenue, depicted by sales figures, has showcased a consistent increase, reaching ₹16,910.73 crore in March 2023 from ₹10,073.43 crore in March 2019. The company has effectively managed expenses, which have also witnessed a steady rise over the years. This has resulted in a positive growth trend in terms of operating profit, with a maximum of ₹1,775.36 crore in March 2022. The net profit (PAT) has shown substantial growth, reaching ₹1,071.73 crore in March 2023 from ₹787.61 crore in March 2019. Additionally, earnings per share (EPS) and dividend payout percentages have exhibited an upward trend, indicating the company’s profitability. Overall, Havells India has demonstrated revenue growth, profit growth, and effective management of expenses, positioning it as a promising player in the market.
Sharekhan on Havells India share price target
Sharekhan has given a buy call on Havells India. According to him, you can continue buying Havells India share with a target price of Rs1420.
Motilal Oswal on Havells India share price target
Motilal Oswal has given a buy call on Havells India. According to him, you can continue buying Havells India share with a target price of Rs1540.
FAQS
The share price target for Havells India Ltd is projected to range from ₹2,645.14 to ₹11,005.85 during 2023-2030.
How has the company’s income growth been over the last five years?
Havells India has experienced consistent income growth over the past five years, with revenue increasing from ₹10,073.43 crore to ₹16,910.73 crore.
What is the projected profit growth for Havells India Ltd?
Havells India Ltd has displayed notable profit growth, with net profit (PAT) rising from ₹787.61 crore to ₹1,071.73 crore during the specified period.
Is Havells India Ltd’s revenue growth consistent?
Yes, Havells India Ltd has shown consistent revenue growth, with a gradual increase from ₹10,073.43 crore to ₹16,910.73 crore.
Considering the positive financial performance and projected growth, investing in Havells India shares for the long term may be a favorable strategy.
The EPS for Havells India Ltd is estimated to range from ₹12.59 to ₹19.10 during 2023-2030.
What is the dividend payout percentage for Havells India Ltd?
The dividend payout percentage for Havells India Ltd ranges from 34.04% to 43.84% over the specified period.
How has Havells India Ltd’s operating profit margin (OPM) evolved?
Havells India Ltd’s OPM has shown fluctuations, starting at 11.80% and reaching 9.58% in March 2023.
Yes, Havells India shares hold potential for growth, considering the projected share price targets and positive financial indicators.
Investors should assess market conditions, conduct thorough research, and consider professional advice before making investment decisions regarding Havells India shares.
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Conclusion
In conclusion, over the past five years, Havells India has demonstrated outstanding growth in terms of income, PAT, revenue, and profit. The company has proven its potential to produce solid returns with regular gains in revenue, reaching 16,910.73 crore in March 2023, and a large increase in net profit (PAT), reaching 1,071.73 crore in the same month. This growth trajectory, along with a consistent rise in operating profit and successful spending control, emphasises the company’s sound financial position. Taking into account these elements, purchasing Havells India shares seems promising. Havells India shares are a desirable alternative for long-term investment because of the company’s steady growth and strong financial performance, which may be advantageous to investors.
