Havells Q2 FY27 net revenue up 34.6% to Rs 6,417 crores, EBITDA up 30.5%, PAT up 11.1%
Q2 FY27 net revenue up 34.6% to Rs 6,417 crores, EBITDA up 30.5% to Rs 576 crores, net profit up 11.1% to Rs 353 crores.
By ScoutQuest · · 1 min read
- Q2 FY27 Net Revenue
- up 34.6% to Rs 6,417 crores
- Q2 FY27 EBITDA
- up 30.5% to Rs 576 crores
- Q2 FY27 Net Profit
- up 11.1% to Rs 353 crores
- Period
- Q2 FY27 (Quarter Ended September 30, 2026)
- Positioning
- Havells presents itself as a multi-category electrical and consumer durables group spanning switchgears, cables, lighting, ECD, renewables and Lloyd consumer brands.
📉 Q2 FY27 net revenue rose 34.6% to Rs 6,417 crores and EBITDA 30.5% to Rs 576 crores, but contribution margin fell to 18.2% from 20.1% and net profit grew a slower 11.1% to Rs 353 crores. For H1FY27, revenue rose 26.7% to Rs 12,927 crores while net profit fell 2.8% to Rs 651 crores.
📉 Cables drove growth, up 47.9% to Rs 2,999 crores, and Renewables grew 147.8% to Rs 329 crores; cables contribution margin dropped to 13.9% from 17.7%, which the company attributes to falling aluminium prices. Lloyd Consumer posted a segment loss of Rs (104) crores.
📈 Management states PBT growth was moderated because the Q2 FY26 base included a Rs 45.27 crores one-time gain on sale of the Faridabad land and building, and says demand stayed steady despite high inflation.
📉 Operating cash flow was negative at Rs (160) crores in H1FY27 and cash fell to Rs 1,190 crores from Rs 2,351 crores; the company says full-year capex is expected at Rs 1,400 crores, mainly for Cables capacity and a new R&D center.
Also from Havells India
Employees complete exercise of 61,135 shares under ESPS 2022
24 Oct 2026
Havells India files transcript of Q2 FY27 earnings call held on 22nd October, 2026
24 Oct 2026
Havells India files audio recording of Q2/H1 FY27 earnings call held 22 October 2026
23 Oct 2026
More numbers
- Net revenue, Q2 FY276,417 (In Rs crores)
- Net revenue growth YoY, Q2 FY2734.6%
- EBITDA, Q2 FY27Rs 576 crores
- Net profit, Q2 FY27Rs 353 crores
- Contribution margin, Q2 FY2718.2%
- One-time gain in Q2 FY26 other incomeRs 45.27 crores
- Cables revenue, Q2 FY272,999 (In Rs crores)
- Renewables revenue growth YoY, Q2 FY27147.8%
- Lloyd Consumer segment result, Q2 FY27(104) (In Rs crores)
- Net revenue, H1FY2712,927 (In Rs crores)
- Net profit, H1FY27651 (In Rs crores)
- Operating net cash flow, H1FY27(160) (In Rs crores)
- Cash & cash equivalent at end, H1FY271,190 (In Rs crores)
- Expected full-year capex, FY27Rs 1,400 crores
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