Havells India (NSE:HAVELLS) 5-Year Yield-on-Cost %: 2.21 (As of Aug. 14, 2026) — 34% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HAVELLS Havells India Ltd NSE:HAVELLS
93 GF Score
Price ₹1,270.00
GF Value ₹1,773.81
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Havells India 5-Year Yield-on-Cost %?

Havells India NSE:HAVELLS +0.40% 93 5-Year Yield-on-Cost % is 2.21 as of Aug. 14, 2026, which is 34% above its 10-year median of 1.65. GuruFocus rates NSE:HAVELLS with a GF Score™ of 93/100 and a GF Value™ of ₹1,773.81 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,899 Industrial Products companies, Havells India ranks better than 54.92% on this metric.

Havells India's yield on cost for the quarter that ended in Jun. 2026 was 2.21.


The historical rank and industry rank for Havells India's 5-Year Yield-on-Cost % or its related term are showing as below:

NSE:HAVELLS' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.79   Med: 1.65   Max: 5.25
Current: 2.21


During the past 13 years, Havells India's highest Yield on Cost was 5.25. The lowest was 0.79. And the median was 1.65.


NSE:HAVELLS's 5-Year Yield-on-Cost % is ranked better than
54.92% of 1899 companies
in the Industrial Products industry
Industry Median: 1.89 vs NSE:HAVELLS: 2.21

Havells India  (NSE:HAVELLS) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Havells India 5-Year Yield-on-Cost % Related Terms


NSE:HAVELLS vs VRT, BE: 5-Year Yield-on-Cost % Comparison

For the Electrical Equipment & Parts subindustry, Havells India's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Havells India's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Havells India's 5-Year Yield-on-Cost % falls into.


NSE:HAVELLS
93GF Score
Havells India Ltd NSE:HAVELLS
5-Year Yield-on-Cost % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Havells India 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Havells India is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5
Frequently Asked Questions Learn more about 5-Year Yield-on-Cost % →
What does a 5-Year Yield-on-Cost % of 2.21 mean?
Havells India (NSE:HAVELLS) has a 5-Year Yield-on-Cost % of 2.21 as of Aug. 14, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Havells India and its competitors. This is 34% above median its historical median of 1.65. Over the past decade, Havells India's 5-Year Yield-on-Cost % has ranged from 0.79 to 5.25. According to the industry distribution chart, Havells India ranks #856 out of 1899 companies in the Industrial Products industry, placing it in the top 45.1%.
Is Havells India's 5-Year Yield-on-Cost % too high?
Havells India's current 5-Year Yield-on-Cost % of 2.21 is 34% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 5.25. The Industrial Products industry median 5-Year Yield-on-Cost % is 1.89. Havells India's value of 2.21 is 16.9% above this industry median. Based on the distribution chart, Havells India ranks #856 out of 1899 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Havells India has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Havells India's 5-Year Yield-on-Cost % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Havells India ranks #856 out of 1899 companies for 5-Year Yield-on-Cost %. This puts Havells India in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 1.89. Havells India's value of 2.21 is 16.9% above this benchmark. Historically, Havells India's own 5-Year Yield-on-Cost % has ranged from 0.79 to 5.25 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.89, Havells India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for an Industrial Products company?
The median 5-Year Yield-on-Cost % among Industrial Products companies is 1.89, based on 1,899 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Havells India's current 5-Year Yield-on-Cost % of 2.21 is 16.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Havells India and its competitors. For the Industrial Products industry, the median 5-Year Yield-on-Cost % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havells India's current 5-Year Yield-on-Cost % is 2.21, which is 34% above median its own 10-year median of 1.65. 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 Modestly Undervalued. The stock's GF Value™ is ₹1,773.81, compared to a current price of ₹1,270.00 — trading 28.4% below its estimated fair value. The current 5-Year Yield-on-Cost % is 2.21, which is 34% above median its 10-year median of 1.65 and 16.9% above the Industrial Products industry median of 1.89. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Havells India (NSE:HAVELLS), the current 5-Year Yield-on-Cost % is 2.21 as of Aug. 14, 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 ₹1,270.00 is trading 28.4% below its estimated GF Value™ of ₹1,773.81. GuruFocus considers Havells India to be Modestly Undervalued.

Key valuation signals for NSE:HAVELLS:

  • 5-Year Yield-on-Cost %: 2.21 (34% above median its 10-year median of 1.65)
  • GF Value™: ₹1,773.81 vs. price of ₹1,270.00 (28.4% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 16.9% above the Industrial Products median (#856 of 1899)

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

5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,270.00
Price
₹1,773.81
GF Value