Havells India (NSE:HAVELLS) Interest Expense: ₹-354 Mil (TTM As of Jun. 2026)

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NSE:HAVELLS Havells India Ltd NSE:HAVELLS
94 GF Score
Price ₹1,217.60
GF Value ₹1,767.25
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Havells India Interest Expense?

Havells India NSE:HAVELLS +1.44% 94 Interest Expense is ₹-354 Mil as of Jun. 2026. GuruFocus rates NSE:HAVELLS with a GF Score™ of 94/100 and a GF Value™ of ₹1,767.25 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Havells India's interest expense for the three months ended in Jun. 2026 was ₹ -75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-354 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Havells India's Operating Income for the three months ended in Jun. 2026 was ₹ 3,468 Mil. Havells India's Interest Expense for the three months ended in Jun. 2026 was ₹ -75 Mil. Havells India's Interest Coverage for the quarter that ended in Jun. 2026 was 46.49. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Havells India  (NSE:HAVELLS) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Havells India's Interest Expense for the three months ended in Jun. 2026 was ₹-75 Mil. Its Operating Income for the three months ended in Jun. 2026 was ₹3,468 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was ₹0 Mil.

Havells India's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*3468.2/-74.6
=46.49

* 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.

The higher the ratio, the stronger the company's financial strength is.


Havells India Interest Expense Historical Data

* Premium members only.

The historical data trend for Havells India's Interest Expense 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.

Havells India Interest Expense Chart

Havells India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -532.40 -334.40 -455.50 -430.60 -371.30

Havells India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -93.60 -91.40 -89.30 -98.70 -74.60
NSE:HAVELLS
94GF Score
Havells India Ltd NSE:HAVELLS
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Havells India Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-354 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-354 Mil mean?
Havells India (NSE:HAVELLS) has a Interest Expense of ₹-354 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Havells India and its competitors.
Is Havells India's Interest Expense too high?
Havells India's current Interest Expense is ₹-354 Mil. Overall, Havells India has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Havells India's Interest Expense compare to VRT and BE?
Havells India's Interest Expense of ₹-354 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Havells India and its competitors. Havells India's current Interest Expense is ₹-354 Mil. 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 ₹1,767.25, compared to a current price of ₹1,217.60 — trading 31.1% below its estimated fair value. The current Interest Expense is ₹-354 Mil. Havells India's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Havells India (NSE:HAVELLS), the current Interest Expense is ₹-354 Mil as of Jun. 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 ₹1,217.60 is trading 31.1% below its estimated GF Value™ of ₹1,767.25. GuruFocus considers Havells India to be Significantly Undervalued.

Key valuation signals for NSE:HAVELLS:

  • Interest Expense: ₹-354 Mil
  • GF Value™: ₹1,767.25 vs. price of ₹1,217.60 (31.1% below fair value)
  • GF Score™: 94/100 with 2 warning signs

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 Business Description

Other Exchanges 517354:India
Address 2D, Expressway, QRG Towers, Sector 126, Noida, UP, IND, 201304
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).
94GF Score

Get the complete analysis for NSE:HAVELLS

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,217.60
Price
₹1,767.25
GF Value