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= Havells India Limited
{{short description|Indian electrical equipment company}}
⚫
| logo = Havells Logo.svg
{{Use Indian English|date=May 2019}}
⚫
| type = [[Public]]
{{Use dmy dates|date=March 2013}}
| traded_as = {{BSE|517354}}<br/>{{NSE|HAVELLS}}
{Infobox company
⚫
| name = Havells
⚫
| logo =
| industry = [[Electrical equipment]]
| industry = [[Electrical equipment]]
| founder = [[Qimat Rai Gupta]]
| founder = [[Qimat Rai Gupta]]
| key_people = [[Anil Rai Gupta]] <br /> {{small|(Chairman & [[Managing Director|MD]])}}<ref name="HavellsAnnualReport">{{cite web|url=http://www.havells.com publisher=havells. | date=6 November 2017 | access-date= 6 November 2017}}</ref>
| key_people = [[Anil Rai Gupta]] <br /> {{small|(Chairman & [[Managing Director|MD]])}}<ref name="HavellsAnnualReport">{{cite web|url=http://www.havells.com/content/dam/havells/annual_reports/2016-2017/Havells%20AR%202016-17.pdf| title=Annual Report 2016-17 | publisher= Havells. | date=6 November 2017 | access-date= 6 November 2017}}</ref>
| products = Fast Moving Electrical Goods
| products = Fast Moving Electrical Goods
| revenue = {{decrease}} {{INRConvert|9553|c}} (2020)<ref name="Financials">{{cite web|url=https://www.moneycontrol.com/india/stockpricequote/electricequipment/havellsindia/HI01|title=Havells India Ltd. Financial Statements |website=moneycontrol.com}}</ref>

| operating_income = {{decrease}} {{INRConvert|924|c}} (2020)<ref name="Financials"/>
| net_income = {{decrease}} {{INRConvert|735|c}} (2020)<ref name="Financials"/>
| assets = {{decrease}} {{INRConvert|7073|c}} (2020)<ref name="Financials"/>
| equity = {{decrease}} {{INRConvert|4248|c}} (2020)<ref name="Financials"/>
| num_employees = 5,781 (2020)<ref name="Financials"/>
| divisions = {{plainlist|
*[[Electric motor|LV Motor]]s
*[[Electric motor|LV Motor]]s
*[[Home appliance|Home applications]]
*[[Home appliance|Home applications]]
*[[List of cooking appliances|Kitchen Appliances]]
*[[Lighting]]
*[[Switchgear|Consumer and Industrial Switchgear]]
*[[Electrical cable|Cables]] and [[Wire]]s
*[[Electrical cable|Cables]] and [[Wire]]s
*[[Electrical equipment]]}}
*[[Electrical equipment]]}}
| website = {{URL|www.havells.com}}
⚫
{{URL|www.havells.com}}= 1966<ref>{{cite web|url=http://www.trizonn.com/en/aboutus/Milestones.html|title=1958|access-date=19 May 2016}}</ref>'''havells''' is an Indian [[electrical equipment]] company based in [[Noida]]. In business since 1966, the company has products ranging from home and kitchen appliances, lighting for domestic, commercial and industrial applications, [[LED lighting]], [[Fan (machine)|fans]], Modular Switches and Wiring accessories, [[Water heater]]s, Industrial and domestic Circuit Protection switchgear, industrial and domestic [[Electrical cable|cable]]s and [[wire]]s, [[induction motor]]s, and [[capacitor]]s among others.
| foundation = 1958<ref>{{cite web|url=http://www.havells.com/en/aboutus/Milestones.html|title=1958|access-date=19 May 2016}}</ref>
⚫
Company brands with some brands like Havells, Lloyd, Crabtree, Standard Electric, Reo and pamptech.
| location = [[Noida]], [[Uttar Pradesh]], [[India]]
| area_served = Worldwide
}}
⚫
'''Havells India Limited''' is an Indian [[electrical equipment]] company based in [[Noida]]. In business since 1958, the company has products ranging from home and kitchen appliances, lighting for domestic, commercial and industrial applications, [[LED lighting]], [[fan (machine)|fans]], modular switches and wiring accessories, [[water heater]]s, industrial and domestic circuit protection switchgear, industrial and domestic [[Electrical cable|cable]]s and [[wire]]s, [[induction motor]]s, and [[capacitor]]s among others.
⚫
Havells India owns some brands like Havells, Lloyd, Crabtree, Standard Electric, Reo and Promptech.


The company has 23 branches / representative offices with over 6,000 workers in over 50 countries. India's first Lloyd's exclusive outlet is acquired by businessman Mr. Rajan Bansal. The store is situated in western part of New Delhi, Paschim Vihar.<ref>{{cite magazine |magazine=Engineering Review |title=Havells Industrial on an overdrive and launches a product lounge on wheels |url=http://www.engrreview.com/Editorial_pages/2011/09_sep11/ER1109_corp-news_13.html |archive-url=https://web.archive.org/web/20120425080524/http://www.engrreview.com/Editorial_pages/2011/09_sep11/ER1109_corp-news_13.html |archive-date=2012-04-25}}</ref><ref>{{cite web|url=http://www.havells.com/en/aboutus.html|title=About Havells India Limited |website=Havells |access-date=19 May 2016}}</ref> As of 2016, it has 11 manufacturing plants in [[India]] located at [[Haridwar]], [[Baddi]], [[Noida]], [[Faridabad]], [[Alwar]], [[Neemrana]], and [[Bengaluru]].<ref>{{cite web|last=Singh|first=A|title=Havells Press Kit|url=http://www.havells.com/en/press-release/media-kit.html|work=www.havells.com|publisher=Havells India Ltd|access-date=1 November 2013}}</ref> In 2014, Havells was listed 125th among 1200 of India's most trusted brands according to the [[The Brand Trust Report|Brand Trust Report]] 2014, a study conducted by Trust Research Advisory.<ref>{{Cite web|url = http://www.trustadvisory.info/pdf/BTR2015_categorywise.compressed.pdf|title = India's Most Trusted Brands 2014}}</ref>

==Acquisitions==
In 1983, it bought the loss-making Delhi-based Towers and Transformers Ltd and turned it around in a year. Between 1997 and 2001, Havells also bought ECS, Duke Arnics Electronics, Standard Electricals and Crabtree India. There was a 50:50 joint venture between Havells and the UK-based Crabtree, and Havells later acquired Crabtree's stake in the JV.<ref>{{cite web|url=http://www.businesstoday.in/magazine/case-study/smart-turnaround-strategy-helped-havells/story/197235.html|title=How a smart turnaround strategy helped Havells to make a comeback|access-date=19 May 2016}}</ref> The latest acquisition of [[Lloyd Electricals]] has marked its entry in new segments of consumer electronics.


==Social initiatives==
==Social initiatives==

Havells provides mid-day meals for school children in [[Alwar district]], covering 50,000 students per day.<ref>{{cite news |title=Havells India Ltd.|url=http://economictimes.indiatimes.com/havells-india-ltd/directorsreport/companyid-10507.cms|work=The Times of India}}</ref> This has greatly increased the number of children attending school regularly and also alleviates hunger. Besides this, the company has acquired land for constructing a larger kitchen with all the modern facilities to serve freshly cooked food to 50,000 students in the area.

==References==
{{Reflist}}

{{Nifty 200 companies}}

[[Category:Electrical wiring and construction supplies manufacturers]]
[[Category:Electrical equipment manufacturers]]
[[Category:Manufacturing companies based in Noida]]
[[Category:Electronics companies established in 1958]]
[[Category:Electrical engineering companies of India]]
[[Category:1958 establishments in Uttar Pradesh]]
[[Category:Wire and cable manufacturers]]
[[Category:Indian brands]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Revision as of 12:33, 21 March 2022

= Havells India Limited | logo = Havells Logo.svg | type = Public | traded_as = BSE: 517354
NSE: HAVELLS | industry = Electrical equipment | founder = Qimat Rai Gupta | key_people = Anil Rai Gupta
(Chairman & MD)[1] | products = Fast Moving Electrical Goods | revenue = Decrease ₹9,553 crore (US$1.1 billion) (2020)[2] | operating_income = Decrease ₹924 crore (US$110 million) (2020)[2] | net_income = Decrease ₹735 crore (US$86 million) (2020)[2] | assets = Decrease ₹7,073 crore (US$830 million) (2020)[2] | equity = Decrease ₹4,248 crore (US$500 million) (2020)[2] | num_employees = 5,781 (2020)[2]

| divisions =

| website = www.havells.com | foundation = 1958[3] | location = Noida, Uttar Pradesh, India | area_served = Worldwide }} Havells India Limited is an Indian electrical equipment company based in Noida. In business since 1958, the company has products ranging from home and kitchen appliances, lighting for domestic, commercial and industrial applications, LED lighting, fans, modular switches and wiring accessories, water heaters, industrial and domestic circuit protection switchgear, industrial and domestic cables and wires, induction motors, and capacitors among others. Havells India owns some brands like Havells, Lloyd, Crabtree, Standard Electric, Reo and Promptech.

The company has 23 branches / representative offices with over 6,000 workers in over 50 countries. India's first Lloyd's exclusive outlet is acquired by businessman Mr. Rajan Bansal. The store is situated in western part of New Delhi, Paschim Vihar.[4][5] As of 2016, it has 11 manufacturing plants in India located at Haridwar, Baddi, Noida, Faridabad, Alwar, Neemrana, and Bengaluru.[6] In 2014, Havells was listed 125th among 1200 of India's most trusted brands according to the Brand Trust Report 2014, a study conducted by Trust Research Advisory.[7]

Acquisitions

In 1983, it bought the loss-making Delhi-based Towers and Transformers Ltd and turned it around in a year. Between 1997 and 2001, Havells also bought ECS, Duke Arnics Electronics, Standard Electricals and Crabtree India. There was a 50:50 joint venture between Havells and the UK-based Crabtree, and Havells later acquired Crabtree's stake in the JV.[8] The latest acquisition of Lloyd Electricals has marked its entry in new segments of consumer electronics.

Social initiatives

Havells provides mid-day meals for school children in Alwar district, covering 50,000 students per day.[9] This has greatly increased the number of children attending school regularly and also alleviates hunger. Besides this, the company has acquired land for constructing a larger kitchen with all the modern facilities to serve freshly cooked food to 50,000 students in the area.

References

  1. ^ "Annual Report 2016-17" (PDF). Havells. 6 November 2017. Retrieved 6 November 2017.
  2. ^ a b c d e f "Havells India Ltd. Financial Statements". moneycontrol.com.
  3. ^ "1958". Retrieved 19 May 2016.
  4. ^ "Havells Industrial on an overdrive and launches a product lounge on wheels". Engineering Review. Archived from the original on 2012-04-25.
  5. ^ "About Havells India Limited". Havells. Retrieved 19 May 2016.
  6. ^ Singh, A. "Havells Press Kit". www.havells.com. Havells India Ltd. Retrieved 1 November 2013.
  7. ^ "India's Most Trusted Brands 2014" (PDF).
  8. ^ "How a smart turnaround strategy helped Havells to make a comeback". Retrieved 19 May 2016.
  9. ^ "Havells India Ltd". The Times of India.
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