Havells
Havells
Shareholder Return: 3-year, Sales Growth: 3-year CAGR, Return On Equity: 3-year average
At a Glance
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Shareholder Return164%
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Sales Growth2%
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Return on Equity35 %
Why Super 50
From being a B-grade B2B business, Havells India has morphed into a household name. It has given products like electrical wires and cables a brand identity. In a short span, it has emerged among the top five players in cluttered categories like fans, lights and home appliances. Despite a highly leveraged acquisition of foreign entity Sylvania prior to the global financial crisis, the company has recently exited with a sizeable profit.
