Havells India Limited (HAVELLS) Q4 96/97 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 96/97 earnings summary
14 Oct, 2026Executive summary
FY1996-97 turnover rose 75% to Rs. 4,985.48 lakh; net profit increased 39% to Rs. 230.17 lakh.
Despite investment commitments for new projects, directors recommended a dividend of Rs. 1.50 per fully paid Rs. 10 share.
Financial highlights
Gross sales were Rs. 4,985.48 lakh vs Rs. 2,856.61 lakh; net sales after excise were Rs. 4,268.24 lakh vs Rs. 2,434.25 lakh.
Profit before tax was Rs. 289.81 lakh and net profit Rs. 230.17 lakh, vs Rs. 245.05 lakh and Rs. 165.07 lakh, respectively, in FY1995-96.
Interest expense increased to Rs. 212.46 lakh from Rs. 117.50 lakh; depreciation rose to Rs. 54.69 lakh from Rs. 37.03 lakh.
Outlook and guidance
MCB production capacity expansion supported a plan to increase MCB division turnover by nearly 50% in FY1997-98.
Cable division expected a steep turnover increase, supported by ISO 9001 certification, Havells-branded cable launches and dealer response.
Directors cited strong recovery signs in the first months of FY1997-98 after a recessionary period.
Latest events from Havells India Limited
- Sales grew, but profit and EPS fell as expansion targeted cables, MCBs and new markets.HAVELLS
Q4 97/98 - Sales rose 33% and net profit 66%, led by meters and cables.HAVELLSQ4 98/99
- Sales grew 27%, profit 35%, with expansion and acquisition setting up further growth.HAVELLSQ4 99/00
- Sales grew 63% as meters surged, acquisitions expanded reach and export plans advanced.HAVELLSQ4 00/01
- Restructuring boosted scale as FY02 turnover rose 30% and net profit rose 38%.HAVELLSQ4 01/02
- Turnover rose 32%, led by meters and cables, as EPS eased and export expansion became a priority.HAVELLSQ4 02/03
- Turnover surged 43% as new consumer-electrical ventures and exports expanded the growth platform.HAVELLSQ4 03/04
- Sales surged 59% as expansion and exports advanced, despite negative operating cash flow.HAVELLSQ4 04/05
- Profit more than doubled as merger-led expansion and capacity investment accelerated.HAVELLSQ4 05/06