Havells India (NSE:HAVELLS) Inventories, Work In Process: ₹2,838 Mil (As of Mar. 2026)


NSE:HAVELLS Havells India Ltd NSE:HAVELLS
93 GF Score
Price ₹1,188.80
GF Value ₹1,769.58
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Havells India Inventories, Work In Process?

Havells India NSE:HAVELLS +2.54% 93 Inventories, Work In Process is ₹2,838 Mil as of Mar. 2026. GuruFocus rates NSE:HAVELLS with a GF Score™ of 93/100 and a GF Value™ of ₹1,769.58 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Havells India's work in process for the quarter that ended in Mar. 2026 was ₹2,838 Mil.

Havells India Inventories, Work In Process Historical Data

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The historical data trend for Havells India's Inventories, Work In Process 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 Inventories, Work In Process Chart

Havells India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,020.60 1,655.60 1,656.20 2,559.80 2,837.50

Havells India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process 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 2,559.80 0.00 0.00 0.00 2,837.50
NSE:HAVELLS
93GF Score
Havells India Ltd NSE:HAVELLS
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Havells India Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of ₹2,838 Mil mean?
Havells India (NSE:HAVELLS) has a Inventories, Work In Process of ₹2,838 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Havells India and its competitors.
Is Havells India's Inventories, Work In Process too high?
Havells India's current Inventories, Work In Process is ₹2,838 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 Inventories, Work In Process compare to VRT and BE?
Havells India's Inventories, Work In Process of ₹2,838 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 Inventories, Work In Process for an Industrial Products company?
A good Inventories, Work In Process depends on the Industrial Products industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Havells India and its competitors. Havells India's current Inventories, Work In Process is ₹2,838 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 ₹1,769.58, compared to a current price of ₹1,188.80 — trading 32.8% below its estimated fair value. The current Inventories, Work In Process is ₹2,838 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 Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Havells India (NSE:HAVELLS), the current Inventories, Work In Process is ₹2,838 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 ₹1,188.80 is trading 32.8% below its estimated GF Value™ of ₹1,769.58. GuruFocus considers Havells India to be Significantly Undervalued.

Key valuation signals for NSE:HAVELLS:

  • Inventories, Work In Process: ₹2,838 Mil
  • GF Value™: ₹1,769.58 vs. price of ₹1,188.80 (32.8% 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

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

₹1,188.80
Price
₹1,769.58
GF Value