Havells India
Havells India
Shareholder Return: 3-year, Sales Growth: 3-year CAGR, Return On Equity: 3-year average
At a Glance
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Shareholder Return165%
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Sales Growth12%
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Return on Equity22 %
Why Super 50
The company expanded its reach in India's $15-billion consumer durables market with the acquisition of Lloyd Consumer from Lloyd Electric & Engineering Ltd this February for `1,600 crore. Lloyd Consumer, which clocked revenues of `1,384 crore in FY2016, manufacturers air conditioners, televisions, washing machines and other household appliances. For Havells, the acquisition is in line with its stated objective of penetrating "deeper into homes" of consumers.
