Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Havells India's share price for the quarter that ended in Mar. 2026 was ₹1190.6. Havells India's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 627 Mil. Therefore, Havells India's market cap for the quarter that ended in Mar. 2026 was ₹746,812 Mil.
Havells India's quarterly market cap
declined
from Sep. 2025 (₹941,667 Mil) to Dec. 2025 (₹893,778 Mil) and
declined
from Dec. 2025 (₹893,778 Mil) to Mar. 2026 (₹746,812 Mil).
Havells India's annual market cap
increased
from Mar. 2024 (₹949,425 Mil) to Mar. 2025 (₹958,532 Mil) but then
declined
from Mar. 2025 (₹958,532 Mil) to Mar. 2026 (₹746,812 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Havells India's Enterprise Value for Today is ₹720,019 Mil.
Havells India (NSE:HAVELLS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Havells India Market Cap Related Terms
Havells India Market Cap Historical Data
* Premium members only.
The historical data trend for Havells India's Market Cap 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.
For the Electrical Equipment & Parts subindustry, Havells India's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Havells India's Market Cap distribution charts can be found below:
* The bar in red indicates where Havells India's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Havells India's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Market Cap of ₹740,634 Mil as of Jul. 06, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Havells India and its competitors. According to the industry distribution chart, Havells India ranks #148 out of 3091 companies in the Industrial Products industry, placing it in the top 4.8%.
Is Havells India's Market Cap too high?
Havells India's current Market Cap is ₹740,634 Mil. Based on the distribution chart, Havells India ranks #148 out of 3091 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to VRT and BE?
According to the Industrial Products industry distribution chart, Havells India ranks #148 out of 3091 companies for Market Cap. This places Havells India in the top 5% of its industry — outperforming the majority of peers. The industry median Market Cap is 284.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 284.51, based on 3,091 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Havells India and its competitors. For the Industrial Products industry, the median Market Cap is 284.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havells India's current Market Cap is ₹740,634 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 ₹1,772.73, compared to a current price of ₹1,181.10 — trading 33.4% below its estimated fair value. The current Market Cap is ₹740,634 Mil. Havells India's overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Havells India (NSE:HAVELLS), the current Market Cap is ₹740,634 Mil as of Jul. 06, 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 ₹1,181.10 is trading 33.4% below its estimated GF Value™ of ₹1,772.73.
GuruFocus considers Havells India to be Significantly Undervalued.
Key valuation signals for NSE:HAVELLS:
Market Cap: ₹740,634 Mil
GF Value™: ₹1,772.73 vs. price of ₹1,181.10 (33.4% below fair value)
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).
94GF Score
Get the complete analysis for NSE:HAVELLS
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HAVELLS has been successfully added to your 
