Havells India (NSE:HAVELLS) Total Inventories: ₹44,407 Mil (As of Mar. 2026)


NSE:HAVELLS Havells India Ltd NSE:HAVELLS
93 GF Score
Price ₹1,178.30
GF Value ₹1,765.24
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Havells India Total Inventories?

Havells India NSE:HAVELLS -0.67% 93 Total Inventories is ₹44,407 Mil as of Mar. 2026. 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.

Havells India's total inventories for the quarter that ended in Mar. 2026 was ₹44,407 Mil. Havells India's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹22,203 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Havells India's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹-1.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Havells India's Days Inventory for the three months ended in Mar. 2026 was 44.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Havells India's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.07.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Havells India's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.33.


Havells India  (NSE:HAVELLS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Havells India's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(23398.2+0.75 * 8507.6+0.5 * 44406.7-52775.8
-0-132)/627.257
=-1.48

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Havells India's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=22203.35/45967.7*365 / 4
=44.08

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Havells India's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=45967.7 / 22203.35
=2.07

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Havells India's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=22203.35 / 67052
=0.33

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Havells India Total Inventories Related Terms


Havells India Total Inventories Historical Data

* Premium members only.

The historical data trend for Havells India's Total Inventories 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 Total Inventories Chart

Havells India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29,680.80 37,084.70 34,086.30 40,468.50 44,406.70

Havells India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 40,468.50 0.00 48,543.10 0.00 44,406.70
NSE:HAVELLS
93GF Score
Havells India Ltd NSE:HAVELLS
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Havells India Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹44,407 Mil mean?
Havells India (NSE:HAVELLS) has a Total Inventories of ₹44,407 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Havells India and its competitors.
Is Havells India's Total Inventories too high?
Havells India's current Total Inventories is ₹44,407 Mil. 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 Total Inventories compare to VRT and BE?
Havells India's Total Inventories of ₹44,407 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 Total Inventories for an Industrial Products company?
A good Total Inventories depends on the Industrial Products industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Havells India and its competitors. Havells India's current Total Inventories is ₹44,407 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 ₹1,765.24, compared to a current price of ₹1,178.30 — trading 33.2% below its estimated fair value. The current Total Inventories is ₹44,407 Mil. 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 Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Havells India (NSE:HAVELLS), the current Total Inventories is ₹44,407 Mil 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:

  • Total Inventories: ₹44,407 Mil
  • GF Value™: ₹1,765.24 vs. price of ₹1,178.30 (33.2% below fair value)
  • GF Score™: 93/100 with 3 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).
93GF Score

Get the complete analysis for NSE:HAVELLS

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

₹1,178.30
Price
₹1,765.24
GF Value