Havells India Announces FY 2026 Financial Results and Governance Updates
Havells India Ltd announced the audited standalone and consolidated financial results for the fourth quarter and the full financial year ended March 31, 2026, following a Board of Directors meeting held on April 22, 2026. The board also recommended a final dividend and approved several key changes in the company’s directorate and statutory auditors.The Board of Directors also declared a Final Dividend of Rs. 6/- per equity share, representing 600% for the fiscal year 2025-26. This final dividend is in addition to the Interim Dividend of Rs. 4/- per share declared during the same period.
Financial Performance Highlights
The company's comprehensive financial results provide a comparative view of the fiscal year 2026 and the previous year.The standalone financial results and the consolidated financial results for the full year ending March 31, 2026, showed the following figures:
| Metric | Standalone (Mar 31, 2026) | Standalone (Mar 31, 2025) | Consolidated (Mar 31, 2026) | Consolidated (Mar 31, 2025) |
|---|---|---|---|---|
| Total Income | 7,013.53 | 6,600.86 | 7,001.45 | 6,612.28 |
| Total Expenses | 6,081.01 | 5,894.71 | 6,097.41 | 5,911.39 |
| Profit Before Tax | 932.52 | 706.15 | 2,209.57 | 700.89 |
| Total Comprehensive Income | 1,714.17 | 1,488.84 | 1,689.25 | 1,449.13 |
| Basic EPS (Rs.) | 27.19 | 23.75 | 26.95 | 23.49 |
Governance and Director Appointments
The Board convened to approve the company's statutory and governance structures. The board approved the following appointments and reappointments:- Statutory Auditors: M/s Price Waterhouse & Co Chartered Accountants LLP was re-appointed as Statutory Auditors for a second term of five consecutive years.
- New Independent Director: Shri Varun Berry was appointed as an Independent Director for a first term of five years, effective April 22, 2026. Shri Berry retired as the Vice Chairman & Managing Director & CEO of Britannia Industries Limited in November 2025.
- Reappointed Directors: The board approved the re-appointment of several existing directors for subsequent five-year terms:
* Shri Ashish Bharatram (Independent Director).
* Shri T V Mohandas Pai (Non-Independent Director).
* Shri Puneet Bhatia (Non-Independent Director).
Director Resignation
During the meeting, the Board noted the resignation of Shri Vivek Mehra, an Independent Director. His resignation took effect on April 22, 2026. The Board expressed appreciation for his contributions during his tenure.Dividend Declaration
The Board of Directors recommended the Final Dividend of Rs. 6/- per equity share, which, if approved by the shareholders at the upcoming Annual General Meeting (AGM), will be paid or dispatched on or before 30 days from the AGM date.Financial Position Snapshot (As of March 31, 2026)
The total assets of the company stood at 14,746.25 crore (consolidated) and 7,760.36 crore (standalone). The total liabilities stood at 5,277.58 crore (consolidated).| Asset / Liability Category | Total Assets (Mar 31, 2026) | Total Liabilities (Mar 31, 2026) |
|---|---|---|
| Total Assets (Consolidated) | 14,746.25 crore | N/A |
| Total Liabilities (Consolidated) | N/A | 5,277.58 crore |
HAVELLS Stock Price Movement
Shares of Havells India Limited are rallying to ₹1375.2 as of 3:03 PM, gaining 3.49% in live trading. The equity sees robust buying interest, with over 2.85 million shares turning over today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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