Havells India Limited (HAVELLS.NS)

1,668.15 +4.15 (+0.25%) As of 12:39PM IST. Market open.

Havells India Limited

QRG Towers
2D, Sector - 126 Expressway
Noida 201304
India
91 12 0333 1000
https://www.havells.com

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anil Rai Gupta	Executive Chairman & MD	263.92M	N/A	1969
Mr. Rajesh Kumar Gupta	Director of Finance, Group CFO & Executive Whole-Time Director	144.41M	N/A	1957
Mr. Siddhartha Pandit	Head of Legal & Whole-Time Director	11.35M	N/A	1968
Mr. Ameet Kumar Gupta	Executive Whole-Time Director	105.32M	N/A	1972
Mr. Narendra Kumar Choudhary	President	N/A	N/A	1958
Mr. Rajiv Goel	Executive President	N/A	N/A	1971
Mr. Saurabh Goel	President	N/A	N/A	1968
Mr. Mukul Saxena	Executive VP & CTO	N/A	N/A	1963
Mr. Sanjay Kumar Gupta	Senior VP, Compliance Officer & Company Secretary	N/A	N/A	N/A
Mr. Anil Sharma	Head of Corporate Communications, CSR & Sustainability	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Havells India Limited, a fast-moving electrical goods company, manufactures, trades, and sells various consumer electrical and electronic products in India and internationally. It operates through six segments: Switchgears, Cables, Lighting and Fixtures, Electrical Consumer Durables, Lloyd Consumer, and Others. The company offers switches; switchgears, such as circuit breakers, energy savers, human safety equipment, distribution boards, surge protection devices, and control and monitoring devices, as well as magnetic contractor, thermal overload relays, and starters; lighting products; appliances, including cooking, food preparation, brewing, garment care, and climate control appliances; air purifiers; and flexible, power, control, and fire survival cables. It also provides fans comprising ceiling, table, pedestal, wall, ceiling mounting, personal, and domestic exhaust fans; storage, instant, instantaneous gas, solar, linea online, heat pump, and auto immersion water heaters; centrifugal, mono block, submersible, borewell and sewage submersible, and pressure pumps; water purifiers; air conditioners; televisions; refrigerator; washing machines; dishwashers; air circulators; heavy duty exhaust fans; and air coolers. In addition, the company crane duty, smoke, brake, inverter duty, and energy efficient motors; reactive power solutions; personal grooming products; solar rooftop on grid, solar off grid, solar portables, and solar on grid inverter solutions; and power solutions, including power capacitors, IOT enabled IPFC relays, HD harmonic detuned reactors, IOT enabled APFC panels, high PIV thyristor switches, SVG and active harmonic filters, and hybrid panels. The company offers its products under the Havells, Lloyd, Crabtree, Standard, and REO brands. It also exports its products to approximately 70 countries. Havells India Limited was founded in 1958 and is based in Noida, India.

Corporate governance

Havells India Limited’s ISS governance QualityScore as of 29 April 2024 is 3. The pillar scores are Audit: 7; Board: 4; Shareholder rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.