Havells IndiaNSE:HAVELLS -0.67%93 EBITDA Margin % is 15.50% as of Mar. 2026, which is 23% above its 10-year median of 12.64. GuruFocus rates NSE:HAVELLS with a GF Score™ of 93/100 and a GF Value™ of ₹1,765.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,033 Industrial Products companies, Havells India ranks better than 59.84% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Havells India's EBITDA for the
three
months ended in Mar. 2026 was ₹10,393 Mil. Havells India's Revenue for the
three
months ended in Mar. 2026 was ₹67,052 Mil. Therefore, Havells India's EBITDA margin for the quarter that ended in Mar. 2026 was 15.50%.
Havells India (NSE:HAVELLS) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Havells India EBITDA Margin % Related Terms
Havells India EBITDA Margin % Historical Data
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The historical data trend for Havells India's EBITDA Margin % can be seen below:
* 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.
NSE:HAVELLS vs VRT, BE: EBITDA Margin % Comparison
For the Electrical Equipment & Parts subindustry, Havells India's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Havells India's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Havells India's EBITDA Margin % falls into.
* 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.
Havells India (NSE:HAVELLS) has a EBITDA Margin % of 15.50% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Havells India and its competitors. This is 23% above median its historical median of 12.64. Over the past decade, Havells India's EBITDA Margin % has ranged from 10.57 to 16.94. According to the industry distribution chart, Havells India ranks #1218 out of 3033 companies in the Industrial Products industry, placing it in the top 40.2%.
Is Havells India's EBITDA Margin % too high?
Havells India's current EBITDA Margin % of 15.50% is 23% above median its 10-year median of 12.64. Over the past 10 years, this metric has ranged from a low of 10.57 to a high of 16.94. The Industrial Products industry median EBITDA Margin % is 9.46. Havells India's value of 15.50% is 63.8% above this industry median. Based on the distribution chart, Havells India ranks #1218 out of 3033 companies in the Industrial Products industry, which is above 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 EBITDA Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Havells India ranks #1218 out of 3033 companies for EBITDA Margin %. This puts Havells India in the upper half of its industry. The industry median EBITDA Margin % is 9.46. Havells India's value of 15.50% is 63.8% above this benchmark. Historically, Havells India's own EBITDA Margin % has ranged from 10.57 to 16.94 over the past decade. While the company's 10-year median is 12.64 vs. the industry median of 9.46, Havells India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Industrial Products company?
The median EBITDA Margin % among Industrial Products companies is 9.46, based on 3,033 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Havells India's current EBITDA Margin % of 15.50% is 63.8% above 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Havells India and its competitors. For the Industrial Products industry, the median EBITDA Margin % is 9.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havells India's current EBITDA Margin % is 15.50%, which is 23% above median its own 10-year median of 12.64. 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 ₹1,765.24, compared to a current price of ₹1,178.30 — trading 33.2% below its estimated fair value. The current EBITDA Margin % is 15.50%, which is 23% above median its 10-year median of 12.64 and 63.8% above the Industrial Products industry median of 9.46. 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 EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Havells India (NSE:HAVELLS), the current EBITDA Margin % is 15.50% as of Mar. 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 ₹1,178.30 is trading 33.2% below its estimated GF Value™ of ₹1,765.24.
GuruFocus considers Havells India to be Significantly Undervalued.
Key valuation signals for NSE:HAVELLS:
EBITDA Margin %: 15.50% (23% above median its 10-year median of 12.64)
GF Value™: ₹1,765.24 vs. price of ₹1,178.30 (33.2% below fair value)
Industry Position: 63.8% above the Industrial Products median (#1218 of 3033)
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
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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