As of today (2026-07-03), the Forward Annual Dividend Yield of Havells India is 1.01%.
As of today (2026-07-03), the Trailing Annual Dividend Yield of Havells India is 0.84%.
NSE:HAVELLS's Forward Dividend Yield % is ranked worse than 61.72% of 1852
companies
in the Industrial Products industry
Industry Median: 1.54
vs NSE:HAVELLS: 1.01
During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 23.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 13.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Havells India was 115.40% per year. The lowest was -5.00% per year. And the median was 26.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Havells India (NSE:HAVELLS) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Havells India Forward Dividend Yield % Related Terms
NSE:HAVELLS vs VRT, BE: Forward Dividend Yield % Comparison
For the Electrical Equipment & Parts subindustry, Havells India's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Havells India Forward Dividend Yield % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Havells India's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Havells India's Forward Dividend Yield % falls into.
Havells India Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Havells India Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 6.000000
2026-05-22
2026-05-24
2026-06-25
Cash Dividend
semi-annually
INR:INR 1.000000
INR 4.000000
2026-01-23
2026-01-23
2026-02-09
Cash Dividend
semi-annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Havells India's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
12
/
1186.70
=
1.01 %
Current Share Price is ₹1186.70. Havells India's Dividends per Share for the forward twelve months is calculated as ₹6 * 2 = ₹12.
Havells India's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
10
/
1186.70
=
0.84 %
Current Share Price is ₹1186.70. Havells India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹10.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 1.01% mean?
Havells India (NSE:HAVELLS) has a Forward Dividend Yield % of 1.01% as of Jul. 03, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Havells India and its competitors. According to the industry distribution chart, Havells India ranks #1143 out of 1852 companies in the Industrial Products industry, placing it in the top 61.7%.
Is Havells India's Forward Dividend Yield % too high?
Havells India's current Forward Dividend Yield % is 1.01%. The Industrial Products industry median Forward Dividend Yield % is 1.54. Havells India's value of 1.01% is 34.4% below this industry median. Based on the distribution chart, Havells India ranks #1143 out of 1852 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Havells India has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Havells India's Forward Dividend Yield % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Havells India ranks #1143 out of 1852 companies for Forward Dividend Yield %. This places Havells India in the lower half of its industry. The industry median Forward Dividend Yield % is 1.54. Havells India's value of 1.01% is 34.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Industrial Products company?
The median Forward Dividend Yield % among Industrial Products companies is 1.54, based on 1,852 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Havells India's current Forward Dividend Yield % of 1.01% is 34.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Havells India and its competitors. For the Industrial Products industry, the median Forward Dividend Yield % is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havells India's current Forward Dividend Yield % is 1.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havells India stock overvalued right now?
Based on GuruFocus' analysis, Havells India (NSE:HAVELLS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,769.58, compared to a current price of ₹1,186.70 — trading 32.9% below its estimated fair value. The current Forward Dividend Yield % is 1.01% and 34.4% below the Industrial Products industry median of 1.54. Havells India's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Havells India (NSE:HAVELLS), the current Forward Dividend Yield % is 1.01% as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Havells India (NSE:HAVELLS) Overvalued in 2026?
Based on GuruFocus' analysis, Havells India stock appears to be undervalued.
The current stock price of ₹1,186.70 is trading 32.9% below its estimated GF Value™ of ₹1,769.58.
GuruFocus considers Havells India to be Significantly Undervalued.
Key valuation signals for NSE:HAVELLS:
Forward Dividend Yield %: 1.01%
GF Value™: ₹1,769.58 vs. price of ₹1,186.70 (32.9% below fair value)
Industry Position: 34.4% below the Industrial Products median (#1143 of 1852)
No single metric tells the full story. See the NSE:HAVELLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Havells India Ltd manufactures and distributes electrical equipment for consumer and industrial applications. Its product portfolio includes fans, appliances, switches, lighting, switch gears, circuit breakers, water heaters, air purifiers, flexible cables, air coolers, monoblock and submersible pumps, personal grooming products, motors, and reactive power solutions. The firm has seven manufacturing facilities, all of which are in India. The company operates in multiple segments: Switchgear (domestic and industrial), which derives maximum revenue, Cables (domestic and industrial underground), Lighting and Fixtures (LED lamps), Electrical Consumer Durables (fans, water heaters), Lloyd Consumer products (air conditioners, televisions), and Others (industrial motors, water purifiers).
93GF Score
Get the complete analysis for NSE:HAVELLS
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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