Havells India Limited has informed the Exchange regarding Outcome of Board Meeting held on April 22, 2026.
HAVELLS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Havells India reported FY2026 results with standalone revenue of Rs 22,465.56 crore (up 3.3%) and consolidated revenue of Rs 22,527.77 crore. Standalone profit after tax grew 14.5% to Rs 1,705.42 crore while consolidated PAT rose 14.9% to Rs 1,689.25 crore. EPS stood at Rs 27.19 for standalone. The board recommended a final dividend of Rs 6 per share (600%) in addition to the Rs 4 interim dividend already paid. On the board front, Shri Vivek Mehra resigned as Independent Director, while Shri Varun Berry was appointed as an Independent Director. Multiple director re-appointments were approved including Smt Namrata Kaul, Shri Ashish Bharatram, Shri Puneet Bhatia, and Shri T V Mohandas Pai. Statutory auditors Price Waterhouse & Co were re-appointed for a second 5-year term.
The resignation of independent director Vivek Mehra represents a board-level change, though the company confirmed no material reasons for his departure. Strong financial performance with 14%+ PAT growth and healthy dividend payout should support shareholder confidence.