Havells India Ltd

Havells Q4 FY26 Update: New Refrigerator Plant & Market Dynamics 📊

- Commissioned new refrigerator plant at Ghiloth to strengthen Lloyd's position in home appliances

- Volume growth in cables and wires was 6% with 14% value growth

- Domestic wires saw flat growth

- Margins remained stable except for Lloyd, which was affected by lower revenues

- Cost pressures from West Asia disruptions led to calibrated price increases

- Invested ₹600 crores in Goldi Solar during the year

- Recognized fair valuation gain of ₹283 crores in Q4 under 'other income'

- Industrial and infrastructure-linked categories showed strong momentum

- Consumer segments faced cautious trade sentiment from higher costs

- Summer demand for cooling products showed signs of pickup after delayed onset