Havells India has announced an interim dividend of ₹4.00 per equity share (₹1 face value), a 400% payout. The dividend will be paid by February 17, 2026, to shareholders on record as of January 23, 2026. Additionally, the board approved the ‘Havells Employees Stock Purchase Scheme 2026,’ to be recommended for shareholder approval at the next AGM, in line with SEBI regulations.
Interim Dividend Declared
The Board of Directors has declared an interim dividend of ₹4.00 per equity share, which translates to 400% on the equity share capital. This significant payout underscores the company’s strong financial health and commitment to rewarding its investors.
Dividend Payment Details
The dividend will be disbursed to shareholders whose names appear in the Register of Members on the record date, January 23, 2026. Payment or dispatch of the dividend is scheduled on or before February 17, 2026.
Employee Stock Purchase Scheme 2026
The Board also approved the introduction of the ‘Havells Employees Stock Purchase Scheme 2026’, aligning with SEBI regulations for share-based employee benefits. The scheme is designed to promote employee ownership and engagement and will be submitted for shareholder approval at the next Annual General Meeting (AGM).
Q3 2026 Financial Performance
The Board of Directors approved the Unaudited Standalone and Consolidated Financial Results for Q3 (Oct-Dec) and the nine months ended December 31, 2025. The meeting, which started at 2:00 pm, concluded at 4:10 pm on January 19, 2026. The company’s auditors have completed a limited review of these results. Revenue from operations stood at ₹5,573.44 crore for the quarter ended December 31, 2025.
Segment-Wise Revenue
The Unaudited Standalone Segment results show the following:
- Switchgears: ₹624.35 crore
- Cables: ₹2,241.12 crore
- Lighting & Fixtures: ₹430.59 crore
- Electrical Consumer Durables: ₹1,151.47 crore
- Lloyd Consumer: ₹700.59 crore
Profit Before Tax
The profit before exceptional items and tax was ₹449.89 crore. An incremental liability of ₹45.03 crore has been recognized as an ‘Exceptional Item’ due to reassessment of employee benefit obligations. After accounting for taxes, the profit for the period was ₹301.36 crore. Earnings per share (EPS) stood at ₹4.80.
Source: BSE
