Earnings Alerts

Havells India (HAVL) Earnings: 1Q Net Income Misses Estimates Despite 43% YoY Growth

  • Net Income: 4.11 billion rupees, representing a 43% year-over-year increase.
  • Net Income Estimate: The estimate was 4.37 billion rupees, so the actual results missed estimates.
  • Revenue: 58 billion rupees, marking a 20% year-over-year increase.
  • Revenue Estimate: The estimate was 57.54 billion rupees, indicating the revenue exceeded expectations.
  • Total Costs: 53.2 billion rupees, an 18% increase year-over-year.
  • Other Income: 770.3 million rupees, up by 19% year-over-year.
  • Analyst Recommendations: 22 buys, 16 holds, and 4 sells.

A look at Havells India Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Havells India‘s long-term outlook appears promising. With a resilience score of 5, the company demonstrates strong adaptability and stability, indicating a solid foundation to weather market fluctuations. Additionally, Havells India receives a momentum score of 4, suggesting positive upward trends in the company’s performance and market sentiment. While the growth and dividend scores both stand at a respectable 3, showcasing steady expansion and shareholder returns. However, the value score at 2 implies that the stock may not be deemed undervalued by investors at present.

Havells India Limited, a manufacturer of electrical products, boasts a diverse product portfolio that includes building circuit protection equipment, industrial switchgears, energy meters, cables & wires, modular switches, fans, and lighting products. This broad range of offerings positions the company well in the market. With solid scores in resilience, momentum, growth, and dividend, Havells India appears to be on a path of sustainable growth and stability in the long run, indicating a positive outlook for investors seeking a combination of strength and potential in the electrical sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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