Havells India

What Havells India does

Havells India Limited is a publicly listed Fast Moving Electrical Goods (FMEG) manufacturer headquartered in Noida, India, operating across seven product categories: fans, lighting, switches and switchgears, home appliances (under the Lloyd sub-brand), home electricals (cables, switchgears, pumps), green energy products (EV chargers, solar), and connected/IoT appliances. The company sells to individual residential consumers, commercial establishments, and industrial customers through a multi-channel distribution network spanning own e-commerce, Havells Studio retail stores, multi-brand retail outlets, dedicated Lloyd outlets, B2B project sales, and international distributors covering 70+ countries. Manufacturing is anchored by 16 plants in India, with a new Rs 800 crore facility committed near Jewar Airport as part of the YEIDA Electronics Manufacturing Cluster.

The company's revenue model is predominantly unit-based hardware sales at MRP across wide price tiers, supplemented by subscription-based extended warranty and AMC programs serviced through the Havells One mobile app ecosystem. FY26 revenue from operations was Rs 22,527.77 crore with consolidated net profit of Rs 1,690.56 crore (14.83% YoY growth), though Q4 FY26 top-line grew only 2.47% YoY. Product technology spans BLDC motor platforms for fans, IoT-enabled smart home integration via Crabtree and Havells One, voice command in Lloyd ACs, and energy-efficient switchgears. The portfolio is organized around the Havells parent brand with sub-brands Lloyd (consumer appliances), Crabtree (premium switches), Reo (economy range), and Havells Studio (premium lifestyle), and includes emerging categories in EV charging and solar.

Name

Havells India

Legal name

Havells India Ltd.

Website

https://havells.com

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Havells India is a publicly listed Indian FMEG manufacturer producing fans, lighting, switchgears, cables, and Lloyd-branded home appliances, serving residential, commercial, and industrial customers across India and 70+ countries through a multi-channel distribution and 16-plant manufacturing footprint.

Ownership category

akta.pro rank

Product category

Consumer Electrical Goods

NAICS

Household Appliance Manufacturing (3352), Major Household Appliance Manufacturing (33522), Small Electrical Appliance Manufacturing (33521), Electrical Equipment Manufacturing (33531)

SIC

Electric Housewares & Fans (3634), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620), Motors & Generators (3621)

akta.pro primary industry

HVAC, Water Heaters & Indoor Air Quality Distribution (CRAOAFAJ)

akta.pro secondary industries

Refrigeration & Freezer Retail (Refrigerators, Freezers, Wine/Beverage Coolers) (CRACACAB), Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI), Motor Drive & Motion Control Electronics Manufacturing Services (VFDs, servo drives, controllers) (IMAGAGAJ)

Keywords

• Electrical equipment manufacturing
• Consumer home appliances
• LED lighting solutions
• Switchgear products
• Smart home technology

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Marketing or Sales, Infrastructure, Personnel, Technology or R&D, Operations

Revenue model

1. Product Sales - Cables & Wires: Core business segment generating significant revenue with 14% YoY growth. Includes flexible cables, power cables, and industrial wiring solutions.
2. Product Sales - Switches & Switchgears: Modular switches, circuit breakers, distribution boards, and surge protection devices for residential and commercial applications.
3. Product Sales - Fans: Ceiling fans, pedestal fans, table fans, wall fans with BLDC technology and premium positioning. Major product category with multiple price points.
4. Product Sales - Lighting: LED lighting solutions including panels, downlighters, lamps, batten lights, smart lighting, and home art lighting.
5. Product Sales - Home Appliances: Air conditioners, refrigerators, washing machines, televisions under Lloyd brand, water heaters, air purifiers, and kitchen appliances.
6. Green Energy Products: EV chargers, solar solutions, and smart home products under Crabtree brand.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Havells India manufactures and sells a diversified portfolio of Fast Moving Electrical Goods (FMEG) including ceiling fans, LED lighting, modular switches, switchgears, cables, and consumer appliances (air conditioners, televisions, washing machines, refrigerators, water heaters, air purifiers, kitchen and personal grooming appliances) under the Havells, Lloyd, Crabtree, Reo, and Havells Studio brands. The company operates 16 manufacturing plants in India and sells across 70+ countries through retail stores, e-commerce, dealers, and B2B project sales channels.

Product overview

Havells India is a diversified electrical equipment and consumer appliances manufacturer operating across seven product categories: Fans (ceiling, table, wall, pedestal, exhaust, personal), Lighting (LED panels, COB, downlighters, smart lighting, home art), Switches & Accessories (modular, smart modular), Home Appliances (air conditioners under Lloyd brand, televisions, washing machines, refrigerators, water heaters, air purifiers, water purifiers, kitchen appliances, personal grooming), Home Electricals (flexible cables/wires, switchgears, circuit breakers, surge protection), Green Energy (EV chargers, solar solutions, smart home), and Connected/IoT appliances. The portfolio is organized around sub-brands including Lloyd (air conditioners, TVs, washing machines, refrigerators), Havells Crabtree (premium switches), and Havells Studio (premium lifestyle appliances), unified under the parent Havells brand. Manufacturing spans 16 Indian plants with operations across 70+ countries.

Differentiator

Problem solved

Functional benefit

Brands

• Lloyd: Consumer appliances brand under Havells, offering air conditioners, LED televisions, washing machines, and refrigerators.
• Havells Crabtree
• Reo
• Havells One
• mYOUsic

Products and services

• Lloyd Air Conditioners Premium split air conditioners under the Lloyd sub-brand featuring AI-powered I.N.D.R.I modes, voice command control, convertible cooling capacity, and WiFi connectivity for smart home integration.
• Lloyd LED Televisions Range of LED, QLED, and Mini LED televisions offering 4K Ultra HD resolution, smart TV functionality, voice control, and large screen options up to 100 inches.
• Lloyd Washing Machines Automatic washing machines available in top-load and front-load variants with IoT connectivity, AI-powered wash assistants, inverter motors, and capacities ranging from 7kg to 11kg.
• Lloyd Refrigerators Direct cool and frost-free refrigerators featuring inverter compressors, rapid freeze technology, and home inverter connectivity for uninterrupted cooling.
• Ceiling Fans Energy-efficient brushless DC motor ceiling fans including premium decorative variants with integrated LED lighting (Underlight series), voice control (Epic Voice), and smart sensing (Smartsense) capabilities.
• LED Lighting Comprehensive LED lighting range including panels, COB spotlights, downlighters, battens, lamps, glamtubes, smart lighting, outdoor lighting, and decorative home art lights.
• Modular Switches Architectural switches and accessories including the standard Modular Range and Smart Modular Range with IoT connectivity for connected home applications.
• Switchgears Electrical protection devices including circuit breakers, energy savers, human safety products, distribution boards, and surge protection devices for residential and commercial applications.
• Water Heaters and Geysers Storage and instantaneous water heaters featuring convertible functionality, glass-lined tanks, and premium variants with smart temperature control.
• Air Purifiers Room air purifiers like the Meditate AP series designed for indoor air quality improvement with HEPA filtration and coverage for spaces up to 250 sq ft.
• Water Purifiers Alkaline water purifiers with multi-stage filtration designed for residential water treatment and purification.
• Personal Grooming Appliances Personal care devices including hair straighteners, hair dryers, beard trimmers, and styling tools targeting consumer personal grooming market.
• Kitchen Appliances Kitchen equipment including mixer grinders, induction cooktops, chimneys, and built-in hobs featuring premium finishes and automated cooking assistance.
• Flexible Cables and Wires Electrical wiring solutions including flexible cables for domestic and commercial installations with various gauge and insulation ratings.
• EV Chargers Electric vehicle charging solutions for residential and commercial applications supporting various EV models and charging standards.
• Smart Home Solutions IoT-enabled smart home ecosystem including luxury smart home solutions, smart modular switches, and connected accessories controllable via the Havells One app.
• Havells Crabtree Switches Premium switch and electrical accessory brand offering designer switches and smart home solutions under the Crabtree heritage brand.
• Havells Studio Lifestyle Products Premium lifestyle-focused product line under the Havells brand featuring upscale home appliances and designer electrical accessories.

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• WPP MediacoreStrategic or Co-development Partner · 29 April 2026Co-developed Havells mYOUsic branded entertainment IP with WPP Media for music talent discovery. Multi-city, multi-year initiative targeting grassroots singers, lyricists, composers and music directors. Aims to produce 25 original songs in calendar year with bootcamps covering creativity, publishing, copyright, and industry frameworks.
• YEIDA (Yamuna Expressway Industrial Development Authority)coreOthers · 9 April 2026Land allotment near Noida International Airport for electronics manufacturing cluster. Havells committed Rs 800 crore investment for consumer goods production facility. Part of government-backed EMC 2.0 development expected to generate employment for about 15,000 people.
• JioStarcoreGTM or Marketing Partner · 27 March 2026Co-presenting sponsor of IPL 2026 cricket tournament alongside Lloyd brand. Partnership provides access to 515+ million viewers and integrated television and digital advertising ecosystem reaching over 750 million weekly viewers.
• Bain & CompanycoreTechnology or Integration · 25 March 2026AI systems integration partnership with Bain & Company for benchmarking global production costs. Implementation within six months to enhance operational efficiency and cost optimization across manufacturing operations.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Orient Electric: Indian FMEG player focused on fans, lighting, switchgear and appliances, directly overlapping Havells' fan-led consumer electrical portfolio.
• Crompton Greaves Consumer Electricals: Indian consumer electricals leader in fans, lighting, pumps and appliances, competing directly with Havells across its core FMEG categories and channels.
• Polycab India: Largest Indian wires and cables maker now expanding into fans, lighting and switches (FMEG), overlapping Havells' core cables business and consumer electrical push.
• Bajaj Electricals: Diversified Indian consumer products and electricals company selling fans, lighting, kitchen and home appliances, a close portfolio match to Havells.
• V-Guard Industries: Indian electrical and appliance manufacturer of wires, stabilizers, water heaters, fans and kitchen appliances, competing in the same consumer electrical segments as Havells.
• Finolex Cables: Indian wires and cables manufacturer expanding into electrical consumer goods, overlapping Havells' cables and home-electrical segment.
• KEI Industries: Indian cables and wires manufacturer serving retail and institutional buyers, a direct competitor to Havells' large cables and wires business.

Broad incumbents

• Voltas: Market-leading Indian air-conditioning and cooling brand that competes head-on with Havells' Lloyd appliance business in ACs and durables.
• Blue Star: Established Indian air-conditioning and commercial refrigeration company competing with Lloyd in cooling and appliances.
• Whirlpool of India: Major home-appliance manufacturer of refrigerators and washing machines in India, competing with Havells' Lloyd appliance range.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/havellsindia
• Facebookfacebook.com/havells
• LinkedInlinkedin.com/company/havells-india-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Havells India