Havells India Offers Rs 6 Final Dividend For FY25: Record Date Set, Bearish Trend Persists; Accumulate/Avoid?

A well-known Fast-Moving Electrical Goods (FMEG) company with a significant global footprint, Havells India Limited produces a variety of electrical products for residential, commercial, and industrial use. Havells, Havells Studio, Lloyd, Havells Crabtree, Standard Electricals, and REO are key brands of the company. Alwar, Neemrana, Ghiloth (Rajasthan), Baddi (Himachal Pradesh), Tumakuru (Karnataka), Sri City (Andhra Pradesh), Faridabad (Haryana), and Haridwar (Uttarakhand) are the locations of the company's 15 cutting-edge manufacturing facilities in India. Following the Board's announcement of the record date for the final dividend for FY25, Havells India's shares closed the day Friday 0.54% down at Rs 1,596 per share, with a market valuation of Rs 1,00,059.90 Cr.

Havells India Dividend

For the purpose of the 42nd Annual General Meeting of the company and Rs 6 final dividend for the fiscal year 2024-2025, the company's Register of Members and Share Transfer Books will remain closed from Monday, May 26, 2025, to Friday, May 30, 2025 (both days inclusive).

"The Board of Directors recommended a Final Dividend @ Rs. 6/- per equity share of Re. 1/- each i.e. 600 % for the financial year 2024-25. This is in addition to the Interim Dividend declared during the FY 2024-25 for an amount of Rs. 4/- per share. The Final Dividend, if approved by the shareholders in the forthcoming Annual General Meeting (AGM) of the Company, shall be paid/ dispatched to the shareholders on or before 30 days from the date of AGM," said Havells India in a stock exchange filing.

"The Dividend, if any declared, shall be payable to those Shareholders whose name(s) stand registered: (a) as Beneficial Owner as at the end of business hours on 25th May, 2025 as per the lists to be furnished by National Securities Depositories Limited and Central Depository Services (India) Limited in respect of the shares held in electronic form, and (b) as Member in the Register of Members of the Company/ Registrars & Share Transfer Agent after giving effect to valid share transmissions, if any, in physical form lodged with the Company upto the end of business hours on 25th May, 2025," said Havells India in a stock exchange filing.

Havells India has announced that the 42nd Annual General Meeting (AGM) will take place on Tuesday, June 17, 2025.

Havells India Q4 Results

For Q4FY25, Havells India reported a 16% YoY increase in net profit, reaching Rs 518 crore, up from Rs 446 crore in the same period last year. Revenue increased by 20% YoY to Rs 6,543 crore from Rs 5,442 crore in Q4FY24. In the quarter under review, earnings before interest, tax, depreciation, and amortization (EBITDA) climbed 19.3% to Rs 757 crore, while the EBITDA margin remained unchanged at 11.6%.

The company's total income increased to Rs 6,612.28 crore in Q4FY25 from Rs 5,517.77 crore in the same quarter of FY24, marking a substantial boost. Additionally, the total expenses increased from Rs 4,918.5 crore in Q4FY24 to Rs 5,911.39 crore in Q4FY25. From Rs 1,270.76 crore in FY24 to Rs 1,472.26 crore in FY25, the company's net profit increased. Additionally, the total income climbed from Rs 18,838.97 crore in the fiscal year ending on March 31, 2024, to Rs 22,081.33 crore in the entire fiscal year ended FY25.

Havells India Share Price Target

Hardik Matalia - Derivative Analyst at Choice Broking said, "HAVELLS is currently trading around ₹1,598 and remains in a bearish trend, characterized by a series of lower highs and lower lows on the daily timeframe. While the stock has recently witnessed a minor bounce from lower levels, it faced rejection just below the previous swing high, reinforcing the possibility of another lower high formation and indicating that bearish sentiment still persists. For any meaningful trend reversal, the stock needs to decisively break and sustain above the ₹1,700 mark. A breakout above this level would confirm a shift in structure and could signal the beginning of a bullish phase. Until then, the prevailing downtrend remains intact."

"On the downside, a breach below ₹1,530 may trigger extended selling pressure, potentially dragging the stock towards its recent swing lows. Such a move would further validate the bearish structure and caution traders against premature entries. Technically, HAVELLS is trading below its long-term EMA and is currently hovering near its short-term and medium-term EMAs. A breakdown below these levels would reinforce the bearish setup. The Relative Strength Index (RSI) stands at 58.10 and is trending downward, reflecting weakening momentum and a lack of strong buying interest at current levels," the analyst added.

"For short-term traders, it's advisable to wait for a clear reversal confirmation before initiating fresh long positions. Alternatively, opportunities for short trades may arise below critical support levels, but should be approached with strict stop-losses to manage risk and aim for short-term gains. Long-term investors may consider initiating partial accumulation at current levels and look to add further on dips. The improving valuations and potential for long-term growth could make current levels attractive for gradual portfolio building, especially if supported by a confirmed trend reversal in the future," Hardik Matalia further recommended.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.