Havells India Limited — PPTs, 22-04-2025: Investor Presentation

**Financial Highlights:**

In Q4 FY25, Havells reported a robust 20.2% YoY growth in net revenue to Rs 6,532 crore, driven by significant gains in the cable and large appliances segments. The company maintained EBITDA at Rs 761 crore, reflecting a YoY increase of 19.5%, with margins steady at 11.6%. Net profit rose by 16.4% YoY to Rs 522 crore.

**Strategic Initiatives and Growth Drivers:**

Havells has focused on expanding its portfolio, particularly in higher-growth categories. The Lloyd brand showed exceptional performance, with revenue growing 39.5% YoY, contributing significantly to overall profitability.

**Business Developments:**

Capacity expansion initiatives, especially in cable production, supported top-line growth. The company also achieved full-year profitability for Lloyd, marking a strategic success.

**Market Position and Competitive Advantage:**

Havells' diversified product range contributes to a stable market position, with the company benefiting from ongoing demand in electrical consumer durables and effective cost management strategies that enhance margins.

**Investor Implications:**

Overall, Havells presents a positive outlook, capitalizing on market opportunities while managing inflationary pressures effectively. The healthy revenue growth and strategic initiatives bode well for future earnings, making it a stock worth watching closely.