08-31-2023
| INR/share | |
| Price | 1,384.55 |
| Dividend | 7.48 |
| Earnings | 17.53 |
| Cash-flow | 0.00 |
| Book value | 105.69 |
| Equity | 100.75 |
Havells India is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Havells India is a company from India, and his stocks are publicly traded.
Havells India stock dividend
Havells India paid a total dividend of 4,690 million INR last year, for a market value of 868,113 millions (Market Cap 332,812 millions). Havells India dividend per share is 7.48 INR, and his stock market price 1,384.55 INR.
According to the chart below, where dividend yield is displayed, Havells India has a dividend yield of 0.54%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Havells India stocks dividend with other Electronic and Electrical Equipment companies or other of the highest India dividend stocks list.
Havells India Dividend Payout
About the ability of Havells India to maintain his current dividend of INR 7.48 per share, an amount that accounts for 0.54%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Havells India payout on ernings is currently 42.67%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Havells India can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Havells India is INR 0.00 per share, which is lower than the dividend per share paid by the company of INR 7.48, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Havells India, compared againt world market average, India companies, Industrials industry and Electronic and Electrical Equipment sector companies.
Havells India Dividend History
Below you will find a table with the historical evolution of Havells India's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | INR | Paypout | Shares* |
| Present | 0.54% | 7.48 | 42.67% | 627 |
| 2022 | 0.68% | 7.48 | 38.28% | 626 |
| 2021 | 0.47% | 6.57 | 38.42% | 626 |
| 2020 | 0.93% | 8.52 | 77.45% | 626 |
| 2019 | 0.70% | 4.53 | 34.87% | 626 |
| 2018 | 0.58% | 4.01 | 36.65% | 625 |
| 2017 | 0.62% | 3.49 | 43.73% | 625 |
| 2016 | 0.87% | 3.00 | 15.42% | 624 |
*In millions
Havells India Stock performance
Finally, last moth Havells India showed a return of 3.80% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -0.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Electronic and Electrical Equipment firms.
