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Havells India achieves Rs 625 crore top-line in UP during FY14

25 Mar 2014 Evaluate

Havells India has achieved top-line of around Rs 625 crore in Uttar Pradesh (UP) during the current fiscal. This would be a growth of about 25% compared to Rs 510 crore turnover in 2012-13.

UP contributes 12% of the company’s total revenues and the company is expanding its distribution and service network to penetrate deeper into the market to reach smaller towns and villages.

The fan business alone contributes Rs 700 crore to the overall turnover of the company. Havells has a market pie of over 25% in the regular and premium fan category.

Havells India is engaged in selling products in Kerala for several years and the business has shown an upward trend in terms of turnover in a short span of time. It has 10 manufacturing facilities in India in various states, including Himachal Pradesh, Uttar Pradesh and Rajasthan.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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