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Havells
4.0
based on 3.7k Reviews
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Company Overview
Associated Companies
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Working at Havells
Company Summary
Rediscover the joy of fresh living & eating with Havells Domestic Appliances Fans, Home & Kitchen Appliances, Led Lights, Personal Grooming etc.
Overall Rating
4.0/5
based on 3.7k reviews
3% above
industry average
Highly rated for
Salary, Work-life balance
Work Policy
Work from office
73% employees reported
Monday to Saturday
49% employees reported
Strict timing
58% employees reported
Within city
42% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
182 employees reported
Job/Soft skill training
171 employees reported
Cafeteria
70 employees reported
Office cab/shuttle
57 employees reported
View all benefits
About Havells
Founded in1983 (42 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersNoida, Uttar Pradesh, India
Office Locations
Websitehavells.com
Primary Industry
Other Industries
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View in video summary
Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. Havells enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications.
Mission: To achieve our vision through business ethics, global reach, technological expertise, building long-term relationships with all our associates, customers, partners and employees.
Vision: To be a globally recognised corporation for excellence, governance, consumer delight and fairness to each stakeholder including the society and environment we operate in.
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Brands of Havells
Crabtree
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• No Reviews
Havells Ratings
based on 3.7k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
1.8k
4
974
3
485
2
176
1
277
Category Ratings
3.8
Salary
3.8
Work-life balance
3.7
Company culture
3.7
Job security
3.7
Skill development
3.6
Work satisfaction
3.4
Promotions
Havells is rated 4.0 out of 5 stars on AmbitionBox, based on 3.7k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Havells
based on 3.5k reviews
3.6
Rated by 155 Women
Rated 3.7 for Work-life balance and 3.7 for Job security
4.0
Rated by 3.4k Men
Rated 3.8 for Work-life balance and 3.8 for Salary
Work Policy at Havells
based on 663 reviews in last 6 months
Work from office
73%
Hybrid
21%
Permanent work from home
6%
Havells Reviews
Top mentions in Havells Reviews
+ 5 more
Compare Havells with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 3.7k reviews | 4.1/5 based on 1.9k reviews | 3.9/5 based on 1.4k reviews | 4.0/5 based on 849 reviews |
Highly Rated for | Work-life balance Salary | Job security Work-life balance Skill development | Job security | Job security Work-life balance Company culture |
Critically Rated for | No critically rated category | No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 73% employees reported | Work from office 81% employees reported | Work from office 89% employees reported | Work from office 75% employees reported |
Rating by Women Employees | 3.6 Good rated by 155 women | 4.2 Good rated by 225 women | 4.0 Good rated by 94 women | 3.6 Good rated by 41 women |
Rating by Men Employees | 4.0 Good rated by 3.4k men | 4.1 Good rated by 1.5k men | 3.9 Good rated by 1.2k men | 4.0 Good rated by 771 men |
Job security | 3.7 Good | 4.2 Good | 3.9 Good | 4.0 Good |
View more
Havells Salaries
Havells salaries have received with an average score of 3.8 out of 5 by 3.7k employees.
Deputy Manager
(689 salaries)
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₹7.3 L/yr - ₹18.8 L/yr
Senior Engineer
(410 salaries)
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₹3.6 L/yr - ₹12.5 L/yr
Senior Sales Executive
(207 salaries)
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₹2.9 L/yr - ₹9.2 L/yr
Assistant General Manager
(205 salaries)
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₹15 L/yr - ₹45 L/yr
Sales Executive
(203 salaries)
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₹1.2 L/yr - ₹7 L/yr
Area Head
(152 salaries)
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₹5 L/yr - ₹15 L/yr
Area Sales Manager
(143 salaries)
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₹6 L/yr - ₹19.5 L/yr
Sales Manager
(130 salaries)
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₹7.5 L/yr - ₹21.2 L/yr
Sales Officer
(128 salaries)
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₹2 L/yr - ₹5.2 L/yr
Production Engineer
(110 salaries)
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₹0.7 L/yr - ₹6.5 L/yr
Havells Interview Questions
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Havells Jobs
Popular Designations Havells Hires for
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Havells News
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Havells Management Bets On A Hotter Summer To Fire Up Cooling Product Sales
- Havells India is counting on the North Indian heat to stoke demand for its cooling products after a subdued start to the season.
- Chairman and Managing Director Anil Rai Gupta emphasized that if temperatures rise in the coming weeks, the company could see a recovery in cooling product sales.
- Havells India remains confident in its broader growth strategy, expecting decent growth in the coming quarter despite the slow pickup in seasonal demand.
- The company is investing in structural growth across distribution and digital outreach, and focusing on expanding and innovating in categories like air conditioners.
Bloomberg Quint | 23 Apr, 2025
Six Stocks In News: HCLTech, Havells, Waaree Energies Among Others
- HCLTech Ltd.'s share price surged by over 6.6% following the release of its fourth-quarter earnings report.
- Havells India Ltd.'s share price dropped nearly 5% following its March quarter performance.
- Waaree Energies Ltd. saw its share price surge 9.14% to a three-month high after reporting a 34% increase in its consolidated net profit.
- Shares of Swiggy Ltd. fell by 1.14% after the food delivery company received its first 'sell' rating since listing.
Bloomberg Quint | 23 Apr, 2025
Havells Q4 Review: Healthy Results; Ongoing Summer Demand Key To Watch — Dolat Capital Hikes Target Price
- Havells Q4 Review: Healthy Results; Ongoing Summer Demand Key To Watch
- Dolat Capital maintains ‘Accumulate’ rating with revised target price of Rs 1910, valuing at 52x FY27E EPS.
- Havells Ebitda margin remained stable at 11.6% YoY.
- Havells allays concerns around compressor shortage and expects good pick up in cooling products in the North region.
Bloomberg Quint | 23 Apr, 2025
Havells stock slides 5% as analysts flag demand concerns
- Havells stock traded 3.22% lower on the NSE as analysts flag demand concerns.
- Delayed summer is dampening AC demand, which may impact primary sales in Q1FY26.
- Nuvama Institutional Equities maintains a buy call on Havells with a target price of ₹1,890.
- JM Financial marginally trims earnings estimates but recommends buying at a target price of ₹1,900.
HinduBusinessLine | 23 Apr, 2025
Havells India Q4 Review: Brokerages Split On Valuations Despite Earnings Beat
- Havells India Ltd.'s share price fell nearly 5% as the March quarter performance drew mixed reactions from brokerages, even as the company reported an all-round beat on revenue, Ebitda, and profit—driven primarily by strong growth in its Lloyd brand and cables & wires segments.
- The company's consolidated revenue rose 20% yearly to Rs 6,530 crore, 1-5% ahead of most estimates, while Ebitda margins at 11.6% were a positive surprise against consensus expectations of 10-10.7%. Ebitda and profit after tax grew 19% and 16% respectively.
- Brokerages diverged significantly in their stock ratings and valuation outlooks. Jefferies retained its 'buy' rating with a revised target price of Rs 1,873, while BofA remains cautious with an 'underperform' rating and a target price of Rs 1,400. Citi maintained a 'neutral' stance, revising its target price upwards to Rs 1,900.
- Havells India's stock price fell 4.88% to Rs 1,583.40 following the release of the quarterly performance. Out of 42 analysts tracking the company, 27 maintain a 'buy' rating, nine recommend a 'hold,' and six suggest 'sell.'
Bloomberg Quint | 23 Apr, 2025
Stock Recommendations Today: HCLTech, M&M Financial, AU Small Finance Bank On Brokerages' Radar
- Brokerages' radar today includes HCLTech, M&M Financial, and AU Small Finance Bank, with key recommendations and insights.
- HCLTech receives positive ratings and target price upgrades from JPMorgan, Macquarie, and Citi, emphasizing growth leadership and earnings visibility.
- Mahindra & Mahindra Financial Services notes mixed analyst views, with Morgan Stanley cautious on profitability despite stable asset quality.
- AU Small Finance Bank maintains strong ratings for potential earnings rebound and asset quality improvement, as highlighted by Morgan Stanley and Citi.
- Swiggy's coverage by Ambit Capital signals a bearish outlook due to challenges in quick commerce, contrasting with Zomato's position in the food delivery space.
- Havells India faces varied analyst perspectives, with Morgan Stanley positive on performance but cautious about subdued consumer demand and inflationary pressures.
- Financial institutions like Investec provide insights into growth drivers and concerns for Mahindra Finance and AU Small Finance Bank.
- Overall, the brokerage recommendations offer a comprehensive view of the stock market landscape for investors and traders to consider.
Bloomberg Quint | 23 Apr, 2025
Stocks To Watch Today: Infosys, Airtel, IndusInd Bank, Bank Of India
- Stocks to watch today include Infosys, Airtel, IndusInd Bank, and Bank of India. Infosys incorporated the step-down of Infosys Energy Consulting Services.
- Airtel's arm signed an agreement with Adani data networks to acquire spectrum. IndusInd Bank's internal audit is reviewing its microfinance portfolio with EY's assistance.
- Bank of India plans to consider fundraising via bonds. Several other companies like RBL Bank, PFC, Aditya Birla Capital, and Ashoka Buildcon have made significant announcements as well.
- Other notable updates include Suven Pharma receiving approval for increased foreign investment, and Balrampur Chini Mills' sugar production details for the 2024-25 season.
- Earnings reports for Q4 include LTIMindtree, Bajaj Housing Finance, Tata Consumer Products, HCLTech, AU Small Finance Bank, Havells India, and more, reflecting varied financial performances.
- Financial highlights from various companies include revenue and profit changes, NPA and NIM details, dividend declarations, and exceptional gains reported in different sectors.
- Tata Communications reported significant gains and recommended a final dividend. Cyient DLM, M&M Financial, and Vardhman Special Steels also shared their financial results for the quarter.
- The stock market landscape and ongoing developments indicate a range of activities and performance trends among different companies, influencing investor interest and market movements.
- Overall, the updates on stocks, company announcements, and earnings present a dynamic picture of the current market scenario, with potential implications for investors and stakeholders.
- Investors and market observers may track these developments and financial outcomes to assess sector-wise performance, market sentiments, and investment opportunities in the evolving economic landscape.
- Stay informed with the latest news, stock market updates, business insights, and IPO details on platforms like NDTV Profit to make informed decisions in the ever-changing financial markets.
Bloomberg Quint | 23 Apr, 2025
Stock Market Today: All You Need To Know Going Into Trade On April 23
- India's benchmark equity indices rose for the sixth session in a row with financial services stocks supporting the rally.
- The Nifty 50 and BSE Sensex closed higher, with Nifty Bank and Nifty Financial Services hitting record highs.
- Key events to watch include RBI releasing MPC meeting minutes and S&P Global reporting India PMI figures.
- Earnings to watch include Tata Consumer Products and various other companies like HCLTech, AU Small Finance Bank, Havells India.
- Stocks in focus include Bharti Airtel, PFC, Gensol Engineering, IndusInd Bank, Balrampur Chini Mills, Infosys, and more.
- Bulk deals include British International Investment selling RBL Bank shares and BNP Paribas buying Selan Exploration Technology shares.
- Trading tweaks include Spandana Sphoorty Financial price band changes, Ex-Dividend for CIE Automotive India and Schaeffler India.
- F&O cues indicate Nifty April Futures up by 0.12% and options data showing maximum call open interest at 25,500.
- In currency and bond markets, the rupee closed weaker against the US dollar, and the 10-year government bond yield remained flat at 6.32%.
- Overall, the stock market outlook for April 23 includes various significant events, earnings reports, stock movements, and market indicators to watch.
Bloomberg Quint | 23 Apr, 2025
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Havells India Q4 Results: Net Profit Rises 16%, Board Announces Rs 6 Dividend
- Havells India reported a 16% increase in its standalone net profit for Q4 2025.
- The company's revenue rose by 20.2% to Rs 6,544 crore.
- The board announced the recommendation of a final dividend of Rs 6 per share.
- Havells India's EBITDA margin remained at 11.6%.
Bloomberg Quint | 22 Apr, 2025
LG, Samsung Sue Indian Government Over Costly E-Waste Mandate
- South Korean electronics giants LG and Samsung have filed lawsuits against the Indian government, seeking to overturn its controversial e-waste pricing policy.
- Multinational corporations argue that the environmental regulations are financially burdensome and unfairly enforced.
- The lawsuits, joined by other industry heavyweights, including Daikin, Voltas, Havells, and Blue Star, highlight the tension between environmental policy enforcement and corporate profitability.
- The legal battle has implications for how India and other emerging markets regulate corporate responsibility in the era of green accountability.
TechJuice | 22 Apr, 2025
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Havells FAQs
When was Havells founded?
Havells was founded in 1983. The company has been operating for 42 years primarily in the Electrical Equipment sector.
Where is the Havells headquarters located?
Havells is headquartered in Noida, Uttar Pradesh. It operates in 8 cities such as Noida, Lucknow, Bangalore / Bengaluru, Chennai, Ahmedabad. To explore all the office locations, visit Havells locations.
How many employees does Havells have in India?
Havells currently has more than 7,400+ employees in India. Sales & Business Development department appears to have the highest employee count in Havells based on the number of reviews submitted on AmbitionBox.
Does Havells have good work-life balance?
Havells has a Work-Life Balance Rating of 3.8 out of 5 based on 3,600+ employee reviews on AmbitionBox. 75% employees rated Havells 4 or above, while 25% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Havells work-life balance reviews for more details
Is Havells good for career growth?
Career growth at Havells is rated as moderate, with a promotions and appraisal rating of 3.4. 25% employees rated Havells 3 or below, while 75% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Havells promotions/appraisals reviews for more detailed insights.
What are the pros of working in Havells?
Working at Havells offers several advantages that make it an appealing place for employees. The company is highly rated for salary & benefits and work life balance, based on 3,600+ employee reviews on AmbitionBox.
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