Havells India has announced an interim dividend of ₹4.00 per equity share (₹1 face value), equivalent to 400%. Payment will be made to shareholders registered as of January 23, 2026, and dispatched by February 17, 2026. The company also approved the ‘Havells Employees Stock Purchase Scheme 2026,’ aligned with SEBI regulations, subject to shareholder approval at the next AGM.
Interim Dividend Announcement
The Board of Directors has declared an interim dividend of ₹4.00 per equity share, with each share having a face value of ₹1. This translates to a 400% dividend on the equity share capital.
The dividend will be disbursed to all shareholders whose names are recorded in the Register of Members as of the record date, January 23, 2026. The dividend will be paid or dispatched on or before February 17, 2026.
Employee Stock Purchase Scheme 2026
The Board has approved the introduction of the ‘Havells Employees Stock Purchase Scheme 2026’. This scheme is in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The scheme’s approval is subject to the approval of Shareholders at the next Annual General Meeting (AGM) of the Company.
Financial Performance for Q3 2026 (Oct-Dec 2025)
The company has released its unaudited standalone and consolidated financial results for the third quarter (Q3) and nine months ending December 31, 2025. Key highlights from the standalone results are as follows:
- Revenue from Operations: ₹5,573.44 Crores
- Profit Before Tax: ₹404.86 Crores
- Profit for the period: ₹301.36 Crores
Key highlights from the consolidated results are as follows:
- Revenue from Operations: ₹5,587.89 Crores
- Profit Before Tax: ₹407.62 Crores
- Profit for the period: ₹300.05 Crores
Segmental Performance
Segment revenue for the quarter ending December 31, 2025:
- Switchgears: ₹624.35 Crores
- Cables: ₹2,241.12 Crores
- Lighting & Fixtures: ₹423.28 Crores
- Electrical Consumer Durables: ₹1,151.24 Crores
- Lloyd Consumer: ₹693.70 Crores
Other Updates
An incremental liability of ₹45.03 crore has been recognized as an “Exceptional Item” due to reassessment of employee benefit obligations according to the new definition of wages, resulting from the new labour codes that became effective from November 21, 2025. The ministry is still in the process of notifying related rules to the new Labour Codes, which will be evaluated and accounted for accordingly.
During June 2025, the Company invested ₹600 crores in Goldi Solar Private Limited (Goldi) to accelerate growth in the renewable energy sector.
A settlement agreement was executed between Havells India Limited with HPL Group, wherein HPL Group acknowledges Havells India Limited’s absolute rights to the ‘HAVELLS’ mark. The Company has recognized the settlement amount of ₹129.60 Crore as an Intangible asset.
Source: BSE
