Havells India Limited, headquartered in Noida, Uttar Pradesh, is one of India’s largest and most diversified electrical equipment companies. With a strong presence in consumer and industrial electricals, Havells is recognized for its innovation, manufacturing excellence, and expansive product portfolio. It operates through multiple flagship brands including Lloyd, Crabtree, REO, and Standard Electricals.
Company Background
Founded in 1958, Havells was restructured under the leadership of Anil Rai Gupta and has since grown into a ₹15,000+ crore enterprise. It boasts a pan-India distribution network with over 7,500 dealers and 1,000+ service centers. Havells also exports to over 50 countries and operates manufacturing units across Haridwar, Baddi, Sahibabad, Alwar, Neemrana, and Ghiloth, with international facilities in Africa and Latin America.
Product Portfolio
Havells offers a broad array of electrical and home solutions:
-
Switchgear
- Circuit Breakers
- Distribution Boards
- Surge Protection Devices
-
Cables & Wires
- Power Cables
- Control Cables
- Flexible Cables
-
Lighting
- LED Lamps, Battens
- Downlighters
- Spotlights
-
Fans
- Ceiling, Table, Wall, and Pedestal Fans
-
Home Appliances
- Water Heaters
- Air Coolers and Purifiers
- Personal Grooming Products
-
Motors
- Industrial Motors
- Submersible and Monoblock Pumps
-
Solar Solutions
- Solar Panels and Inverters
- Solar Water Heaters
-
Smart Home Solutions
- IoT Smart Switches
- Home Automation Systems
Key Differentiators and Strengths
- Brand Equity: Consistently ranked among India’s top consumer durable brands.
- Vertical Integration: 100% in-house manufacturing from components to finished goods.
- Strong R&D Base: State-of-the-art R&D centers in Noida and Bengaluru.
- Sustainability Focus: Initiatives like green energy manufacturing and solar product expansion.
Financial Highlights
In FY 2023-24, Havells reported:
- Revenue: ₹16,523 crore (YoY growth of 17%)
- Net Profit: ₹1,212 crore (YoY growth of 33%)
- EBITDA Margin: 11.4%
- Capex Investment: ₹450 crore for facility upgrades and automation
The Consumer Durable Segment (including Lloyd) accounted for nearly 42% of revenues, followed by Electrical Consumer Durables at 28%, and Switchgears & Cables at 30%.
Global Footprint
Havells exports to over 50 countries across:
- Asia-Pacific
- Middle East and Africa
- Europe and South America
Key international growth markets include UAE, Kenya, Bangladesh, and Brazil. The company operates international branches and logistics offices to support its export operations.
Capabilities and Operations
- 14 Manufacturing Plants including India's largest integrated fan manufacturing facility in Neemrana
- Largest Modular Switch Facility at Haridwar
- Fully Integrated R&D and testing labs for safety, performance, and environmental compliance
- Lloyd Manufacturing for air conditioners and TVs with smart automation lines
Certifications and Compliance
- ISO 9001:2015, ISO 14001, and OHSAS 18001
- BIS and BEE Star Ratings for energy efficiency
- RoHS and REACH compliance for exports
- CE, UL and SASO certified for global markets
Customer Testimonials
“Havells’ modular switchgear has been a game-changer for our commercial installations. Quality, availability, and support are unmatched.”
— MEP Consultant, Mumbai
“Their water heaters and smart appliances have brought energy savings and safety to our homes. Great after-sales service too.”
— Residential User, Bengaluru
Achievements
- Recognized as Top 10 Most Trusted Electrical Brands in India
- Awarded Golden Peacock Award for Corporate Social Responsibility
- Launched IoT-based Home Automation Range integrated with Amazon Alexa and Google Home
- Successful integration and growth of Lloyd brand into India’s top 5 AC manufacturers
