Announced Fri, 17 Jul · 14:28 IST
Havells Q1 FY27: Revenue up 20% but margins dip on higher ad spend
HAVELLS · price
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Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹1167.00
prior close
₹1153.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5+1.7+2.4+2.8+3.1+4.7+3.5+3.3+5.4—————
Up moveDown movePending
AI summary
Havells Q1 FY27 revenue grew 19.7% YoY to Rs 6,510 cr, led by Cables up 27% and Renewables up 236%. Profit fell: EBITDA down 8.8% to Rs 474 cr, PAT down 15.3% to Rs 298 cr, as ad spend doubled to Rs 286 cr. EBITDA margin slipped to 7.3% from 9.6%. Management says ad spend will normalise and price hikes support a positive margin outlook. Lloyd Consumer posted a Rs 51 cr loss. Cash Rs 1,497 cr; FY27 capex guided at Rs 1,400 cr.
Likely market impact
Solid revenue growth but weak margins near term. Positive outlook if ad spends normalise and price hikes hold. Lloyd losses remain a drag.