Havells India (NSE:HAVELLS) Total Operating Expense: ₹59,609 Mil (TTM As of Jun. 2026)

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NSE:HAVELLS Havells India Ltd NSE:HAVELLS
93 GF Score
Price ₹1,187.30
GF Value ₹1,765.22
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Havells India Total Operating Expense?

Havells India NSE:HAVELLS +1.43% 93 Total Operating Expense is ₹59,609 Mil as of Jun. 2026. GuruFocus rates NSE:HAVELLS with a GF Score™ of 93/100 and a GF Value™ of ₹1,765.22 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Havells India's Total Operating Expense for the three months ended in Jun. 2026 was ₹16,930 Mil. Havells India's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹59,609 Mil.

Havells India Total Operating Expense Related Terms

Havells India Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Havells India's Total Operating 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 Total Operating Expense Chart

Havells India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25,461.70 33,682.80 38,976.50 46,377.60 47,824.10

Havells India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Operating 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 14,107.40 13,398.30 14,341.50 14,939.00 16,930.30
NSE:HAVELLS
93GF Score
Havells India Ltd NSE:HAVELLS
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Havells India Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating 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 ₹59,609 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.

What does a Total Operating Expense of ₹59,609 Mil mean?
Havells India (NSE:HAVELLS) has a Total Operating Expense of ₹59,609 Mil as of Jun. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Havells India and its competitors.
Is Havells India's Total Operating Expense too high?
Havells India's current Total Operating Expense is ₹59,609 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 Operating Expense compare to VRT and BE?
Havells India's Total Operating Expense of ₹59,609 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 Operating Expense for an Industrial Products company?
A good Total Operating Expense depends on the Industrial Products industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Havells India and its competitors. Havells India's current Total Operating Expense is ₹59,609 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 ₹1,765.22, compared to a current price of ₹1,187.30 — trading 32.7% below its estimated fair value. The current Total Operating Expense is ₹59,609 Mil. Havells India's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Havells India (NSE:HAVELLS), the current Total Operating Expense is ₹59,609 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 ₹1,187.30 is trading 32.7% below its estimated GF Value™ of ₹1,765.22. GuruFocus considers Havells India to be Significantly Undervalued.

Key valuation signals for NSE:HAVELLS:

  • Total Operating Expense: ₹59,609 Mil
  • GF Value™: ₹1,765.22 vs. price of ₹1,187.30 (32.7% below fair value)
  • GF Score™: 93/100 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).
93GF Score

Get the complete analysis for NSE:HAVELLS

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

₹1,187.30
Price
₹1,765.22
GF Value